Sierra Leone Amount due was 17,587.

That would reduce the amount outstanding at the end of 2005 compared with the end of 2004.

Of the 73 million outstanding as at 7 October, the United States and Japan both owed about 28 million, Argentina owed over 3 million, and Brazil accounted for over 2.6 million.

For overseas branches, the net amount due to the local parent companies is taken as an approximation of the magnitude of direct investment.

One can carry out an orderly rescheduling of the PIIGS public debts without actually reducing the principal amount owed.

Of the total amount due for distribution of 3,624,342 as at 31 December 2004, an amount of 536,534 was applied against the 2005 assessments.

There was no room for complacency, however, as the level of debt owed to Member States as at 31 December 2004 had been estimated at 605 million. The situation could become worse if the Organization had to resort to cross borrowing from the peacekeeping budgets to fund regular expenditure.

Bangladesh was concerned that the amount owed to it  46 million remained the highest, although it had declined in comparison with 2003, when it had been about 69 million.

Predatory lenders went further, offering negative amortization loans, so the amount owed went up year after year.

Of the total amount outstanding of 739 million, 606 million is accounted for by the United States of America, 64 million by Brazil and 22 million by Argentina.

(b) Existing receivable means a receivable that arises upon or before conclusion of the contract of assignment and future receivable means a receivable that arises after conclusion of the contract of assignment

Interest income in excess of the budgetary estimate ( 660,500) for the year 2004 is 57,870 actual amount, if any, due for distribution to eligible Member States will be determined at the end of the biennium.

Noting that claim number 4002126 has received 55 million and has been in a holding pattern as regards the balance owing since the last payment was made in April 2003,

The total amount due as at 31 December 2004 amounts to 1,000,000 ( 737,000 at the United Nations operational rate of exchange as at 31 December 2004).

(c) If a nominated beneficiary does not survive, or if a designation of beneficiary has not been made or has been revoked, the amount standing to the credit of a staff member will, upon the staff member's death, be paid to his or her estate.

The minimum payments necessary to reduce the amounts owed by those Member States on their contributions so that they remain below the gross amount assessed for the preceding two full years (2003 and 2004) are as follows

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The minimum payments necessary to reduce the amounts owed by those Member States on their contributions so that they remain below the gross amount assessed for the preceding two full years (2003 2004) are as follows

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2 Proposal for consideration by COP 7.

(amounts in thousands)

Decision 2 COP.1.

First Solution

For 10,000 pieces.

Although L.

She claims that L.

Tataki, L.

f Ibid.

Ambassador Lauro L.

(Signed) Lauro L.

Ibid.

(Coordinator Prof. L. Vermes)

(Signed) L. SKOTNIKOV Ambassador Permanent Representative of the Russian Federation to the Conference on Disarmament

Activities of the Secretariat and adoption of the budget.

Mr. Bernell L. Arrindell (Barbados)

Ms. Nahil L. Hirsh Carrillo (Peru)

Mr. Bernell L. Arrindell (Barbados).

Ms. Nahil L. Hirsh Carrillo (Peru).

(l) Other reserves

(l) Contributions in kind

Kyrgyzstan

(l) No change

Although the total amount outstanding is more than 400 million lower than at the end of 2004, it still stands at over 2.1 billion, and as noted above, further assessments can be expected during 2005.

At 31 December 2004, Japan and the United States of America together accounted for almost 1.5 billion, 57 per cent of the total, with Ukraine, France, China and Germany also owing in excess of 100 million each.