UNITED NATIONS FINANCIAL PRESENTATION UN Cash Position 9 May 2008 Warren Sach...

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UNITED NATIONS

FINANCIALFINANCIAL PRESENTATIONPRESENTATION

UN Cash PositionUN Cash Position9 May 2008

Warren Sach

Assistant-Secretary-General, Controller

Key Components as at 31 December (Actual)(US$ millions)

2006 2007

Assessments

Regular Budget 1,755 2,054

Tribunals 269 296

Peacekeeping 3,450 6,935

Capital Master Plan 109 353

Unpaid Assessments

Regular Budget 361 428

Tribunals 51 34

Peacekeeping 1,890 2,719

Capital Master Plan 33 127

Cash on Hand*

Regular Budget* 150 283

Tribunals 32 54

Peacekeeping* 1,760 2,045

Capital Master Plan* 97 311

Debt owed to Member States Peacekeeping 1,010 779

*Not including reserve accounts 1

REGULAR BUDGET

Regular Budget – Assessment Status as at 31 December (Actual)

(US$ millions)

2006 2007 Difference

Assessments 1,755 2,054 299

Payments received 1,727 1,986 259

Unpaid assessments 361 428 67

131 124

140 139 140

2003 2004 2005 2006 2007

Number of Member States paying in full their Regular Budget Assessments at Year-End

Including Member States owing less than $100

Fully Paid for Regular Budget Assessments as at 31 December 2007: 140 Member States

4* Owing less than $100

Albania

Algeria

Andorra

Angola

Antigua and

Barbuda

Armenia

Australia

Austria

Azerbaijan

Bahamas

Bahrain

Bangladesh

Barbados

Belarus

Belgium

Bhutan*

Bolivia

Bosnia and

Herzegovina

Botswana

Brazil

Brunei Darussalam

Bulgaria

Burkina Faso

Burundi

Cambodia

Cameroon

Canada

Colombia

Cote d’Ivoire

Croatia

Cyprus

Czech Republic

Democratic People’s

Republic of Korea

Democratic Republic

of the Congo

Denmark

Dominica

El Salvador

Equatorial Guinea

Estonia

Ethiopia

Finland

France

Georgia

Germany

Greece

Guatemala

Guinea

Hungary

Iceland

Indonesia

Ireland

Israel

Jamaica

Jordan

Kazakhstan

Kuwait

Lao People's

Democratic Republic

Latvia

Lesotho

Libyan Arab Jamahiriya

Liechtenstein

Lithuania

Luxembourg

Malaysia

Maldives

Mauritania

Mexico

Moldova

Monaco

Mongolia

Morocco

Mozambique

Myanmar

Netherlands

New Zealand

Nicaragua

Nigeria

Norway

Pakistan

Panama

Poland

Portugal

Republic of Korea

Romania

Russian Federation

Saint Kitts and Nevis

Saint Lucia*

San Marino

Saudi Arabia

Senegal

Singapore

Slovakia

Slovenia

Solomon Islands

South Africa

Sri Lanka

Suriname

Swaziland

Sweden

Switzerland

Tajikistan

Thailand

The former Yugoslav

Republic of Macedonia

Trinidad and Tobago

Tunisia

Turkey

Turkmenistan

Tuvalu

Ukraine

United Arab Emirates

United Kingdom

United Republic of

Tanzania

Uruguay

Uzbekistan

Venezuela

Vietnam

Yemen*

Zambia

Regular Budget AssessmentsOutstanding as at 31 December 2007

(US$ millions)

50 Other Member States, 20

Argentina, 16

USA, 392

Total outstanding = $428 million

52 Member States

Payment in full of Regular Budget Assessments in 2007 and 2008

2007 2008

TOTAL: 86 TOTAL: 84

* Owing less than $100 6

Australia

Austria

Azerbaijan

Belarus

Bolivia

Botswana

Brunei

Darussalam

Burkina Faso

Burundi

Canada

Denmark

Finland

Georgia

Ireland

Liechtenstein

Luxembourg

Maldives

Monaco

Netherlands

New Zealand

Norway

Russian

Federation

Singapore

South Africa

Suriname

Sweden

Switzerland

Thailand

Ukraine

Zambia

Bulgaria

Colombia

Republic

Dominica

Estonia

France

Israel

Kuwait

Lao People’s

Democratic

Republic

Latvia

Moldova

Poland

Romania

Saint Kitts

and Nevis

Slovakia

Slovenia

United Arab

Emirates United

Kingdom

Uzbekistan

Antigua and

Barbuda

Belgium

Greece

Hungary

Indonesia

Lesotho

Lithuania

Malaysia

Republic of

Marino

Swaziland

Trinidad and

Tobago

APR - 16 MAY

Bahrain

Bhutan *

Bosnia and

Herzegovina

Brazil

Cambodia

Italy *

Kyrgyzstan

Mongolia

Mozambique

Portugal

South Africa*

Sri Lanka

Turkey

Venezuela

Yemen *

Antigua and

Barbuda

Armenia

Austria

Azerbaijan

Bangladesh

Brunei

Darussalam

Bulgaria

Burkina Faso

Burundi

Canada

Croatia

Denmark

Dominica

Estonia

Finland

Georgia

Iceland

Ireland

Israel

Kuwait

Latvia

Liechtenstein

Luxembourg

Maldives

Monaco

New Zealand

Norway

Singapore

Suriname

Thailand

Ukraine

United Kingdom

Uzbekistan

Albania

Australia

Bahamas

Belarus

Botswana

Cyprus

Republic

France

Lithuania

Malaysia

Netherlands

Poland

Republic of Korea

Moldova

Romania

Russian Federation

Saint Vincent and the Grenadines

San Marino

Slovakia

Sweden

Switzerland

Tajikistan

Turkey

Untied Arab

Emirates

Andorra

Belgium

Guatemala

Hungary

Indonesia

Lesotho

Mexico

Nicaragua

Papua New Guinea

Rwanda

Sri Lanka

Syrian Arab Republic

Tunisia

APRIL – 7 May

Brazil

Colombia

Montenegro

Portugal

Saudi Arabia

South Africa

Regular Budget – Assessment Statusas at 7 May 2008

(US$ millions)

16 May 2007 7 May 2008 Difference

Assessments 2,054 1,880 (174)

Payments received 1,119 1,069 (50)

Unpaid assessments 1,311 1,239 (72)

Unpaid Regular Budget Assessmentsas at 7 May 2008

(US$ millions)

16 May 2007

China, 53USA, 785

Japan, 246

Mexico, 45

Argentina, 34

Germany, 86

Saudi Arabia, 15Others, 47

7 May 2008

Others, 38Greece, 11

Germany, 78

Iran, 11

Argentina, 20

Japan, 210USA, 846

China, 25

Total = $1,311 Total = $1,239

Regular Budget Cash Position (Actual)

31 December

30 April

Regular Budget 283 529

Working Capital Fund 150 150

Special Account 233 235

Combined General Fund 666 914

(US$ millions)

Regular Budget Cash Position*Actual and projected figures for General Fund for 2007 – 2008**

* Does not include balances in Working Capital Fund and Special Account

** Estimates for May – December 2008

Outstanding assessments as at 31 December 2007 428

Assessed for 2008 1,880

Total 2,308

Payments received by 7 May 2008 1,069

Outstanding from 106 Member States 1,239

Regular Budget Assessment Status as at 7 May 2008

(US$ millions)

PEACEKEEPING

Unpaid Peacekeeping Assessments as at 31 December (Actual)

Others, 282Ukraine, 140

China , 61Spain, 73

Japan, 572

USA, 677

Republic of Korea, 85

Ukraine, 140

USA, 1,084

Japan, 730

Spain, 139

China, 70

France, 187

Others, 369

Total = $1,890 Total = $2,719

(US$ millions)

Fully Paid all peacekeeping assessments due and payable as at 31 December 2007:

21 Member States

AustraliaAustriaCanada

Czech Republic*Fiji

Finland GeorgiaIreland

IsraelItaly

Lithuania*Monaco

* Owing less than $100

New Zealand*SamoaSerbiaSingaporeSloveniaSouth AfricaSwedenThe former Yugoslav Republic of MacedoniaUnited Kingdom

Active Missions, 1,481

Peacekeeping Reserve Fund,

Closed Missions, 564

Peacekeeping Cash as at 31 December 2007(US$ millions)

TOTAL $2,191 million14

Outstanding assessments at 31 December 2007 2,719

Assessments during 2008 2,380

Total 5,099

Payments received during 2008 2,805

Outstanding assessments at 7 May 2008 2,294

Peacekeeping – Assessment Status as at 7 May 2008(US$ millions)

Fully Paid for Peacekeeping Assessments Due and Payable as at 7 May 2008:

28 Member States

Andorra*AustraliaAustria AzerbaijanBrazilCanadaColombiaCubaCzech Republic*DenmarkFinlandFranceGermanyGuatemala

Iceland*ItalyLiechtensteinLuxembourg*MonacoNew Zealand*NorwayPapua New GuineaSamoaSingaporeSouth AfricaSwedenSwitzerland United Kingdom

*Owing less than $100

Active Missions, 1,347

Peacekeeping Reserve Fund, 156

Closed Missions, 521

(US$ millions)

Projected Peacekeeping Cash at 31 December 2008

TOTAL $2,024

Closed Peacekeeping Missions

Projected Cash at End of 2008

CLOSED MISSIONS

$521 million

Less: cash in closed Less: cash in closed missionsmissions

with cash deficitswith cash deficits$6 million$6 million

$211 million$211 millionremaining

Less: $304 millionLess: $304 million

for liabilitiesfor liabilities

DEBT TO MEMBER STATES

Amounts Owed for Troops/Formed-Police Units and COE 2007 – 2008

Actual 2007 Projected 2008

1 January 1,010 779

New obligations 1,522 1,781

Payments to Member States

(1,753) (1,832)

31 December 779 728

(US$ millions)

Amounts owed to Troop-and police-contributing countries as at 7 May 2008

(US $ millions)

Pakistan, 66

India, 64

Germany, 48

Bangladesh, 53

United States, 27

Jordan, 21

France , 20

69 other Member States, 298

76 Member States

Total outstanding amount = $597 million20

Projected 2008 Debt Situation

Increase in new obligations compared to 2007 is primarily due to the deployment of troops in UNAMID offset by the reduction of the authorized military strength of UNMIL and low deployment rates in UNMEE.

• Payments for troops/FPUs and COE were broadly current up to February 2008 and December 2007 respectively for MINUSTAH, MONUC, UNAMID, UNDOF, UNIFIL, UNMEE, UNMIL, UNMIS and UNOCI.

• Payments for troops/FPUs and COE for MINURSO, UNFICYP, UNMIK, UNMIT and UNOMIG are behind the quarterly payment schedule.

Payment for COE/SS claims are contingent on timely finalization of MOUs and subsequent claims certification by DFS. As at the start of May 2008, out of 335 MOUs for all peacekeeping missions, 72 (21%) were yet to be finalized.

TRIBUNALS

Unpaid Tribunal Assessmentsas at 31 December

(US$ millions)

2003 2004 2005 2006 2007

$ million

87 Member States

(US$ millions)

International Tribunals Amounts Outstanding as at 31 December 2007

Indonesia, 2

USA, 16Spain, 8

83 Other Member States, 6

Belgium, 2

Fully Paid for Tribunal Assessmentsas at 31 December 2007: 105 Member States

24*Including Member States owing less than $100

Algeria

Andorra

Angola

Antigua and Barbuda

Argentina

Australia

Austria

Azerbaijan

Bangladesh

Belarus

Bhutan

Bosnia and

Herzegovina

Botswana

Brazil

Brunei Darussalam

Bulgaria

Burundi

Canada

Colombia

Costa Rica

Cote d’Ivoire

Croatia

Cyprus

Czech Republic

Democratic People’s

Republic of Korea

Democratic Republic

of Congo

Denmark

Estonia

Finland

France

Georgia

Germany

Greece

Grenada

Guinea

Guyana

Hungary

Iceland*

Ireland

Israel

Jamaica

Kazakhstan

Kyrgyzstan

Latvia

Liechtenstein

Lithuania

Luxembourg

Madagascar

Malaysia

Mauritania

Mexico

Moldova

Monaco

Mongolia

Mozambique

Netherlands

New Zealand

Norway*

Panama

Poland

Portugal

Qatar*

Republic of Korea

Romania

Russian Federation

Saint Lucia*

San Marino

Saudi Arabia

Senegal

Serbia

Singapore

Slovakia

Slovenia

Solomon Islands

South Africa

Swaziland

Sweden

Switzerland

Syrian Arab Republic

Tajikistan

Thailand

The former Yugoslav Republic of Macedonia*

Tunisia

Turkey

Turkmenistan

Ukraine

United Kingdom

United Republic of

Tanzania

Uruguay

Uzbekistan

Venezuela

Zambia

International Tribunals Assessment Statusas at 7 May 2008

16 May 2007 7 May 2008

Member States paid in full* 60* 67*

Payments received ($ millions) 193 198

Unpaid assessments ($ millions) 153 147

*Including Member States owing less than $100

International Tribunals Cash Position Actual and projected figures for Tribunals for 2007 – 2008*

26*Estimates May – December 2008

CAPITAL MASTER PLAN

Capital Master Plan (CMP)(US$ millions)

AssessmentsPayments as at

7 May 2008*Outstanding

2003-2006

2007 (Option A)

2007 (Option B)

Sub Total 846 696 150

Future Amounts:2009,2010, 2011**

*Not Including payments to the Working Capital Reserve fund* *Reflects estimated future assessments (Option A), advance payments received as of 30 April 2008, and contributions which would become due upon assessment.

Capital Master Plan Position*Actual and projected figures for CMP Fund for 2007 – 2008**

* Does not include balances in Working Capital Reserve

** Estimates for May – December 2008

Remarks on Capital Master Plan

As per GA resolution 61/251 dated 22 December 2006, Member States were allowed a period of sixty days, beginning on 5 January 2007 to select the option of a one-time or a multi-year payment plan over a five-year period.

12 of the 192 Member States have selected the one-time payment option. Some countries, which did not select the one-time option, nevertheless paid the full amount.

To date, out of a total of 192 Member States, 90 have paid in full, 91 Member States have made partial payments and 11 Member States have never paid any Capital Master Plan assessments.

A working capital reserve fund of $45 million was established under the above resolution. As of 7 May 2008, 154 member states had paid a total of $44.9 million into the fund.

Fully Paid for Capital Master Plan Due and Payable as at 7 May 2008: 90 Member States*

AlbaniaAndorraAngolaAntigua and BarbudaArmeniaAustraliaAustriaAzerbaijanBangladeshBelarusBelgiumBotswanaBrazilBrunei DarussalamBulgariaCambodiaCanadaChinaCongoCosta RicaCroatiaCubaCyprusCzech RepublicEstoniaFinlandFranceGermanyGreeceGrenadaGuatemalaHungaryIceland

IndonesiaIraqIrelandIsraelItalyJamaicaJapanKazakhstanKenyaKiribatiKuwaitKyrgyzstanLao People’s RepublicLatviaLesothoLibyan Arab JamahiriyaLithuaniaLiechtensteinLuxembourgMalaysiaMaltaMexicoMoldovaMonacoMontenegroMozambiqueNamibiaNetherlands*New ZealandNicaraguaNigeriaNorwayOman

Papua New Guinea

Poland

Portugal

Republic of Korea

Romania

Russian Federation

RwandaSamoaSan MarinoSaudi ArabiaSingaporeSlovakiaSouth AfricaSpainSri LankaSwedenSwitzerlandThailandTurkeyUgandaUkraineUnited KingdomUruguayVenezuela

102 Member States

(US$ millions)

Capital Master Plan Amounts Outstanding as at 7 May 2008

India, 2

USA, 136

Denmark, 2

Argentina, 1

Others, 7

UAE, 2

THE OVERALL FINANCIAL SITUATION

All Assessments Due and Payable as at 7 May 2008 Paid in Full

Andorra*

Australia

Austria

Azerbaijan

Brazil

Canada

Czech Republic

Finland

France

Guatemala

Iceland

Liechtenstein

Luxembourg

Monaco

New Zealand*

Norway

Papua New Guinea

Singapore

South Africa

Sweden

Switzerland

United Kingdom

CONCLUSIONS

Financial situation in 2008 slightly better than in 2007.

More Member States had paid in full for the regular budget by 7 May 2008 than by 16 May 2007.

Unpaid assessed regular budget contributions were $72 million less on 7 May 2008 than a year earlier.

The financial position of peacekeeping operations at 7 May 2008 shows some improvement. Contributions of over $2.8 billion were received, reducing the amount outstanding from $2.7 billion to $2.3 billion.

Unpaid assessments for the tribunals as of 7 May 2008 amount to $147 million, reflecting an decrease as compared to the amount of $153 million unpaid as of 16 May 2007.

Total payments received for the CMP as of 7 May 2008 amount to $870 million, with $150 million currently outstanding.

The financial health of the Organization depends on Member States, including major contributors, meeting their financial obligations in full and on time.

UNITED NATIONS FINANCIAL PRESENTATION UN Cash Position 9 May 2008 Warren Sach...

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