Statement of cash flows

(b) The cash flow situation of the Organization

Write off of losses of cash, receivables and property

Statement of cash flows 6

(f) Statement of cash flows

IV. THE CASH FLOW SITUATION OF THE ORGANIZATION

Available cash Obligations payable

Regular budget cash flow projection

There are also mechanisms limiting the export of cash money.

Table II.2 Income and expenditure for recently established missions for the period ended 30 June 2005

Funds monitoring tool

The cash losses represent uncollectible accounts receivable written off.

Writing off of losses of cash and receivables

In addition, for MONUC, expenditure increased by 41 per cent to 941 million (2003 04 665 million).

b Includes 163,800 required as operating cash reserve for 2003.

d Includes 205,400 required as operating cash reserve for 2004.

f Includes 323,800 required as operating cash reserve for 2005.

The Board previously reported on deficiencies in bank and cash management.

16. The cash flow situation of the Organization remains critical.

General Fund cash flow (usable cash), including Working Capital Fund

MINURSO, UNMIK and UNOMIG continued to experience cash shortfalls and required loans from closed missions to meet their immediate cash expenditures.

In management's opinion, the accompanying financial statements present fairly the financial position of the Office as at 31 December 2004, the results of its operations and the cash flows of its individual programmes, funds and accounts for the year then ended.

This regulation will provide for an obligatory declaration of movement of cash across the external EU borders.

h Includes 290,700 required as operating cash reserve for 2006.

(See also rule 110.9 with respect to the writing off of losses of cash and receivables.

Table II.4 Key financial data of completed peacekeeping missions

Liability for loss of United Nations cash and property

(d) Available funds at the beginning of 2006 are estimated at 1,523,500, inclusive of an amount of 603,600 as an operating cash reserve.

Treasury is in the process of implementing a cash management tool which will facilitate the forecasting of cash outflows in an accurate and timely manner.

The amount shown in Statement II for cash and term deposits represents the total of all cash balances (including funds held in non convertible currencies) net of any negative bank balances.

He was concerned, however, at the higher level of unpaid assessments, the higher amounts owing to troop contributors, and the continued practice of cross borrowing to finance regular budget expenditures.

He welcomed the improved cash on hand situation for both the regular and peacekeeping budgets.

Planned cash expenditure for 2005 in the regular programme was 386 million, against an expected cash income of 359 million.

The bulk of the funds comprising the reserves have been advanced and are not available in cash.

Treasury is reorganizing and restructuring primary bank accounts and improving cash forecasting.

In this connection, after cash balances had declined further in July and August, resulting in cash depletion, certain Member States made payments in September in amounts larger than had been expected.

Against this total, the Fund had been used to provide interim cash flow facilities for three ongoing peace keeping missions (ONUSAL, UNAVEM and UNTAC), which otherwise would have incurred cash depletion.

After taking into account the many reviews that were scheduled to be conducted by the other oversight bodies, the Board limited its performance related coverage to following up on the status of implementation of its previous recommendations on the above areas, where applicable, in order to avoid a duplication of efforts.

Emphasis will be placed on the increase of investment opportunities through closer monitoring of the cash flow.

The Secretary General had recommended that the General Assembly should approve the retention of the cash balance available from 13 closed peacekeeping missions in the light of the experience of the Organization's cash requirements during 2004 05.

This figure includes an amount of 214,874 required as an operating cash reserve

Usable cash balances at the end of a month are often insufficient to meet the needs of the following month.

In 1993 cash was depleted at the beginning of the year and again in August.

This should also apply to cases of write off of losses of cash, stores and other assets.

a Includes 214,874 required as operating cash reserve for 2004.