Gross Net

The XNPV function calculates the net present value of a series of cash flows.

This value represents the total contracted value to date rather than actual expenditure during the period.

The net value of the latter predominates, resulting in an overall drift to the north end of the Red Sea.

Comment by the Administration. For increased effectiveness and efficiency, UNOPS will use net present value or internal rate of return to determine the expected value of the investment.

3 The World Bank defines aggregate net resource flows as loan disbursement loan amortization official grants foreign direct investment.

In that study, the net present value of debt servicing was examined under different debt restructuring options.

Some banks have been severely affected by mounting overdue payments, and their net worth is now negative.

The metropolitan area's gross value added per capita is 200 of the mean of 27 European metropolitan areas, equalling those of Stockholm or Paris.

The latter also resulted in a massive reduction in the aggregate stock of value impaired debt.

The share of gross value added generated by the agricultural and services sectors in the total gross value added of the region is above the national average in 2000, whereas the share of industry is below.

This provided for 50 per cent reduction of the net present value of the consolidated debt servicing of the poorest highly indebted countries.

Two main options are offered for the treatment of non concessional debt, both of which reduce the net present value of the debt by half.

Net cost

Services (net)

Income (net)

(net disbursements)

On that basis, Kuwait states that the net present value of damage to its shoreline resources amounts to 1,402.6 discounted service hectare years ( DSHY ).

The net amount due to UNDP regular resources decreased from 10.3 million in 2003 to 7.4 million in 2004.

Total net appropriations 113 092.2

3 Net disbursements.

2. Net operating costs

Some plain soda.

Economy The region's contribution to Italy's gross value added was around 4.6 in 2000, while its population was 7 of the total.

Globally, sub Saharan Africa has not participated in the overall increase in aggregate net resource flows and transfers for developing countries as a whole.

Amazingly, the richest 1 of American households now has a higher net worth than the bottom 90 .

113. The Resident Representative presented the fourth country programme for the Sudan (DP CP SUD 4) with a net IPF of 45 million.

The balance of each fund as at 31 December 1993 represents the recorded value of the net assets of each fund as at that date, exclusive of fully funded reserves.

Expenditure 2 467 458.2 2 411 404.0 (56 054.2) (2.3)

Net requirements 180 877.9 (1 940.2) 178 937.7

Net requirements 99 011.4 99 066.5 180 877.9

Net expenditure for the biennium

Lending from the most significant source of multilateral funds, the World Bank, has not increased in real terms since the 1980s, and net resource flows have since turned negative.

The net budget represents the net cost to the UNDP core budget.

The other option lets creditors restructure the debt at concessional interest rates so that the net present value of the debt servicing payments due on the debt will be reduced by half.

For 198,684,000 read 201,148,100 For ( 196,219,900 net) read ( 198,684,000 net)

Grand total, expenditure estimates (net)

2. Less net operating costs

Net flows and transfer of resources between developing

1 July 1995 and other benefits derived therefrom

At 30 June 2005, the total amount of VAT still due to the Agency from the Palestinian Authority was approximately 7.4 million.

The Value of Being Undervalued

Total net expenditure 2 228 796.2 2 087 212.5

showing gross, income and net estimates,

expenditure estimates (net) 1 996 441.8 1 996 441.8 19 926.1 2 016 367.9 212 418.1 2 228 796.2