Programme and Budget for 2016–17 - Position of accounts as at 31 December 2016
This paper provides information on the position of 2016–17 income and expenditure as of 31 December 2016. For the 12-month period ending 31 December 2016, contributions received were US$419,517,189 and expenditures recorded were $379,914,471. In accordance with article 21.2(a) of the Financial Regulations, arrears of contributions received in 2016 were used to reimburse the Working Capital Fund to cover the 2014–15 deficit of CHF16,054,238 ($16,899,198). The excess of income received over expenditure as at 31 December 2016 is $22,703,520 at the budget rate of exchange of CHF0.95 to the US dollar.