Expendable and non expendable property

Expendable and non expendable property

(v) Non expendable equipment

Note 14 Non expendable property

(o) Lost or stolen non expendable equipment

Non expendable property as at 31 December 2004

All non expendable assets were bar coded for effective control.

Non expendable property (acquisition value of in service and in transit assets)

An updated inventory of non expendable property at headquarters has been compiled.

The minimum euro value per item of non expendable property is 1,500.

General description Logistics is responsible for providing services related to official travel, transportation and shipment maintaining the technical cooperation and Headquarters inventory, covering expendable and non expendable property providing registry records management and archive services.

The Board notes, however, that non expendable property approved for disposal costing 1,882,651 and non expendable property pending approval for disposal costing 16,493 were not disclosed in the financial statements as at 31 December 2004.

In paragraph 33 of its report, the Board recommended that UNDP complete the adjustment process of all non expendable equipment records at country offices to bring the value in line with the revised non expendable policy.

UNHCR had yet to implement a recommendation dating back to 1996 on non expendable property.

UNHCR had yet to implement a recommendation dating back to 1996 on non expendable property.

All non expendable property is charged against current year expenditure at the time of acquisition.

No non expendable equipment was written off from inventory as lost or stolen during 2004.

The Administration will continue to monitor closely the management of non expendable equipment at field missions.

Table 9 Non expendable property (acquisition value of in service and in transit assets) (United States dollars)

No increase is requested in the provision of 60,000 for the cost of expendable supplies and materials.

In paragraph 42 of the report, UNU agreed with the Board's recommendation that it address the inaccuracies in accounting for non expendable property to provide complete and accurate disclosures of the value of non expendable property as at the end of the financial period.

Comment by the Administration. Regional offices are required to submit the inventory reports on non expendable property semi annually.

On 31 December 2003, the acquisition value of non expendable property recorded was 385,546,690 and the depreciated value was 120,307,163.

The collective efforts of the Administration have resulted in further improvements in custody of and control over non expendable equipment.

The cost of the non expendable property in existence at 31 December 2004, as disclosed in the note, was fairly stated.

UNICEF has implemented a new local property management database from which the value of non expendable property for disclosure is extracted.

Comment by the Administration. A new instruction on non expendable property was to be issued in the second quarter of 2005.

The Board notes that the total cost of non expendable equipment on the spreadsheet presented to it amounted to 9.7 million.

Although the breakdown of non expendable property was provided in note 6 to the 2004 financial statements, appropriate and detailed disclosure of whether the non expendable property has been sold or donated, with explanations for any adjustments, will be reflected in the final financial statements for the biennium 2004 2005.

Goods Release

Seeking rationalization and economies, UNDP leadership took the position that the gender mainstreaming machineries and resources already covered by UNIFEM were expendable.

Goods passing through Australian ports as transhipped goods are subject to the same export controls as goods being exported from Australia.

Aside from importing basic goods, China exports manufactured goods throughout the region.

Our interpretation is that only pursuant to paragraph 38 of the United Nations system accounting standards can disclosure of expendable items be made.

In paragraph 33 of its report, the Board recommended that the Tribunal continue to improve and maintain adequate control over non expendable equipment.

During the year 2004, non expendable equipment to the value of 409 was reported as stolen and written off in the inventory records.

It's more expensive to transport goods. Prices of goods go up, inflation is affected.

However, the net increase in non expendable property was much higher (27.9 per cent), especially in field vehicles ( 93 million out of 105 million).

In paragraph 54, the Board recommended that UNICEF review and improve the procedure on the disclosure of the value of its non expendable property.

(ii) Asset and information management services efficient and effective management of all non expendable property, equipment and support of automation for facility management services

It oversupplies some goods that are morally harmful, and undersupplies goods that are morally beneficial.

Major exports include petroleum products, textile goods, jewellery, software, engineering goods, chemicals, and leather manufactures.

Some wholesale merchants only organize the movement of goods rather than move the goods themselves.

In particular, goods produced domestically and imported goods need to be seen as perfect substitutes.

Don't touch the goods.