Income, deferred

Note 13. Deferred income

(h) Deferred income Deferred income as at 31 December 1997 and 1995, in millions of United States dollars, is shown in statement V

Pledges received for future years are recorded as deferred income

(iii) Deferred credits include income received for future periods and income received but not yet earned

UNITAR will ensure that deferred income is recorded correctly at the closure of the biennium 2004 2005.

(ix) Income relating to future financial periods is not recognized in the current financial period and is recorded as deferred credits, as referred to in paragraph (m) (iii) below

Other receivables and deferred charges

(vi) Unspent allocations deferred income UNDP, UNFPA and UNEP The unspent balance of allocations issued for the current year, together with allocations issued for future years, is reflected as an asset and as deferred income.

Deferred income consists of contributions received in advance for future periods and included the following (in United States dollars)

Note 9. Accounts receivable and deferred charges

Consistent with prudent accounting principles, these pledges will be recognized as income in 2005 and have not been accounted for in the financial statements of 2004 as deferred income.

Funds received for future years for purposes specified by donors are considered deferred income and recorded as contributions received in advance .

Consistent with prudent accounting principles, these pledges will be recognized as income in 2005 and have not been accounted for in the 2004 financial statements as deferred income.

Pledges received for future years for purposes specified by donors are considered deferred income and recorded as pledged and received in advance .

The Board recommended, and the Administration accepted, that the deferred credit account only show future years income and not be operated as a suspense account for unidentified income.

(iii) Deferred income includes pledged contributions for future periods, advance sales realized under revenue producing activities and other income received but not yet earned

(d) Collected income without delay.

ITC has been in consultation with the Accounts Division of the Office of Programme Planning, Budget and Accounts at United Nations Headquarters on the accounting treatment of deferred charges and deferred income for financial reporting.

Deferred retirement benefit

Deferred chargesc

(m) Deferred charges.

Special purpose contributions are recorded as income when received. For special purpose contributions received in advance, income is deferred to future periods as otherwise their exceptional size and nature would materially distort operational results and fund balances.

Due from UNAVEM b Comparative figures are reclassified to conform to current presentation.

I will show income per person on this axis instead, poor down here, rich up there.

Note 4. Deferred charges

Since 1994 a satellite simulator is included allowing individual measurement of the difference of the transmit and receive delays in conjunction with each time transfer measurement.

ITC, in liaison with United Nations Headquarters, should review the accounting treatment of deferred charges and deferred income to ensure that it is consistent with best accounting practice (para. 13).

(b) To apply cost of living differential factors to deferred retirement benefits as from the date of separation

Deferred charges shall be transferred to the appropriate account when the necessary appropriations and funds become available.

(iii) Deferred charges comprise expenditure items that are not properly chargeable in the current financial period and will be charged as expenditure in a subsequent period.

Deferred credits and other liabilities

Pledges are recorded as deferred income on the basis of a written commitment by a prospective donor to pay a monetary contribution at a specific time or times.

(iii) Deferred charges comprise expenditure items that are not properly chargeable in the current financial period and will be charged as expenditure in a subsequent period.

9. Liabilities included contributions received in advance from UNDP of 572,860, other liabilities of 358,242 (deferred income), unliquidated obligations of 594,491, and inter fund balances payable of 40,395.

For the General Fund, the other accounts receivable and deferred charges as shown in statement II consist of the following (in thousands of United States dollars)

(k) Deferred charges shown under other assets

15. Deferred charges comprise expenditure items that are not properly chargeable in the current financial period and will be charged as expenditure in a subsequent financial period.

Obligations established prior to the financial period to which they pertain, pursuant to regulation 3.7 and rule 103.6, shall be recorded against a deferred charge account.

(18) As regards deferred income tax assets liabilities, it is required to list the beginning balance and ending balance in the account book of the confirmed deferred income tax assets liabilities item by item, and list the deductible temporary variance and deductible losses of unconfirmed deferred income tax assets.

(e) Deferred charges The totals below provide a comparison of the amounts shown in statement V as deferred charges, in millions of United States dollars, as at 31 December 1997 and 1995

, or had commuted a deferred retirement benefit under article 30 (c) .

(a) To apply cost of living adjustments to deferred retirement benefits as from age 50

(a) Any communication by the addressee, automated or otherwise or

47. The Committee also considered a proposal that would apply progressive positive as well as negative adjustments to national income figures, above as well as below the threshold.