Programme and budget for 2012–13 - Position of accounts as at 31 December 2012
This paper provides information on the position of 2012–13 income and expenditure as at 31 December 2012. For the 12-month period ending 31 December 2012, contributions received were US$494,673,310 and expenditures recorded were US$388,926,269. 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 31 December 2012 is US$16,504,849 at the budget rate of exchange of 0.84 Swiss francs to the US dollar.