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Reconciliation of the 2003 and 2004 accounts

The Forty-seventh Meeting of the Executive Committee decided:

(a)  to note:

      (i)   the reconciliation of the 2003 and 2004 accounts as presented in document UNEP/OzL.Pro/ExCom/47/51/Rev.1;

      (ii)  the changes to the Inventory of Approved Projects for the projects indicated in Table 2 of the document;

(b)  to request the Treasurer to make the appropriate adjustments and to ensure that funds transferred to the implementing agencies were the net amounts authorized by the Executive Committee; and

(c)  to request the Secretariat, in cooperation with the implementing agencies and the Treasurer, to submit a report, as a follow-up to the present decision, on options for a consistent approach to the application of miscellaneous income, exchange rate losses and gains, and bank charges for funds approved by the Executive Committee and any consequences of alternative approaches, for consideration by the Executive Committee at its 48th Meeting.

(UNEP/OzL.Pro/ExCom/47/61, Decision 47/47, para. 172).

(Supporting document: UNEP/OzL.Pro/ExCom/47/51/Rev.1).


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