Programme and Budget for 2012–13: Regular budget account and Working Capital Fund

This paper provides information on the position of 2012–13 income and expenditure as of 30 September 2012. For the nine-month period ending 30 September 2012, contributions received were US$404,019,008 and expenditures recorded were US$271,305,690. In accordance with article 21.2(a) of the Financial Regulations, arrears of contributions received in 2012 were used to reimburse the Working Capital Fund and internal borrowings to cover the 2010–11 deficit of US$59,242,192. The excess of income received over expenditure as at 30 September 2012 is US$73,471,126 at the budget rate of exchange of 0.84 Swiss francs to the US dollar.