200 717 311 731 451 1 440 962 LIABILITIES AND UNEXPENDED RESOURCES Accounts payable Operating funds payable to executing agencies Unliquidated obligations of executing agencies 2 260 349 228 862 2 489 211 3 938 173 Unexpended resources Balance as at 1 January 1989 Excess of expenditure over income (19SEt Excess of income over expenditure) Balance as at 31 December 1989 a/ (schedule 14) 2 914 431 44 718 52 505 3 011 654 2 599 399 328 571 150 000 -- 3 078 570 3 078 570 (66 916) 783 361 3 102 662 3 886 023 580 506 883 222 -- 1463 728 2 489 211 (66 916) 2 422 295 3 886 023 a_/ Consisting oft 1989 Unspent allocations 765 392 1692 274 Unencumbered funds 1 723 819 730 021 2 489 211 2 422 295 The accompanying notes are an integral part of the financial statements. -107- STATEMENT XVIII UNDPI TRUST FUNDS ADMINISTERED BY UNDP Trust funds established by the Administrator Trust Fund for Special Netherlands Contribution for the Least Developed Countries Status of funds as at 31 December 1989 (United States dollars) 1988 1989 INCOME AND EXPENDITURE FOR THE YEAR 190 420 Interest income 192 401 598 747 77 838 Less: Expenditure Project costs Reimbursement of programme support costs to executing agencies 676 585 (486 157) Excess of income over expenditure (1988% Excess of expenditure over income) 2 747 054 Due from UNDP 241 483 Unliquidated obligations of executing agencies 2 991 728 (486 157) iunexpended resources ' Balance as at 1 January 1989 Excess of income over expenditure (1988: Excess of expenditure over income) Balance as at 31 December 1989 pi/ 2 505 571 2 747 054 ASSETS LIABILITIES AND UNEXPENDED RESOURCES 21 849 2 842 24 691 167 710 2 688 193 - 
**Analysis**
This text appears to be related to the financial statements of the United Nations Development Programme (UNDP), which is a global development agency. The text mentions trust funds, unliquidated obligations, and unexpended resources, suggesting that it is related to the management of funds for development projects. The text does not provide specific information about the projects themselves, but rather focuses on the financial accounting and reporting of the UNDP.

**Category**
Economic development, International trade