Government contributions receivable forthecurrent andprioryearsareshown inmemorandum forminthebalance sheetsofUNDP(Statement II)'and thetrustfunds (Statements VItoXVII). Contributions pledged forfutureyearsarereflected in detailinschedules 1to4forUNDPandinschedules 14to16fortrustfunds administered byUNDP. Since1977,government contributions towards localprogramme costshavenot beenmadeonanassessed basis. Programme costsarenowpledged onavoluntary basisandareincorporated involuntary contributions (Schedule 1).Amounts shown as"assessed programme costs"inschedule 2ofthe1984financial statements repreoent amounts assessed in1976orprioryears. (b)Expenditure Allexpenditure ofUNDPisaccounted foronanaccrual basis. Project expenditure includes unliquidated obligations raisedbyth~executing agencies in respect ofgoodsandservices provided forintheproject budgets for1984and contracted forbytheendofthatyear. (c)Exchange rates UNDPfinancial rule114.7provides thatvoluntary contributions received from Governments shallbetranslated intounitedStatesdollars using·the UnitedNations operational rateofexchange ineffectonthedateofpayment. UNDPfinancial rule114.8provides thatwhereaGovernment makesavailable aspecialrateof exchange tobeapplied underspecific conditions, UNDP,withtheagreement ofthe United ~ations, mayauthorize theuseofsuchratesimultaneously withtheUnited Nations operational rateofexchange. Inaccordance withUNDPfinancial rule110.1,exchange adjustments of$518,908 arising fromthepayment ofcontributions fromGovernments havebeenrecorded asan increase tothesecontributions andareshownonstatement Iaccordingly. All otherexchange adjustments havebeenrecorded asmiscellaneous income(expenditure) inschedllle 5. (d)Capital expenditure Thefullcostofnon-expendable equipment usedforadministrative purposes is charged totheUNDPbiennial budgetintheyearinwhichitispurchased. An inventory ismaintained ofallnon-expendable equipment (defined asitemsof -101--102-equipment valuedat$400ormoreaupitandwithaserviceable lifeofatleast fiveyears,anditemsofequipment included inanyspeciallistsforwhichformal inventory recordsaremaintained). 401904838720123 45870000 54590123 14399640UnitedStates dollars 5033574 4052558 5313508 (Statement I)Expenditure during1982 Expenditure during1983 Expenditure during1984Special Programme Resources Amounts duefrom/totrustfundsadministered byUNDPQperating fundsprovided byUNDPto,andunliquidated obligations of, executing agenciesUnspent allocations brought forward fromthesecondIPFcycle Amountallocated bytheGoverning Council BalanceofSpecial Programme Resources asat 31December 1984Deduct: Note3.Note2. Note4.TheGoverning Council, atitstwenty-eighth session inJune1981,authorized thecarryoverofthecommitted balanceoftheSpecial programme Resources asat 31December 1981asanaddition totheauthorized leveloftheSpecial Programme Resources forthethirdIPFcycle(1982-1986). Inaccordance withthis authorization, theunspent alloca-tions oftheSpecial Programme Resource.s, recalculated at$8.7million asat31December 1981,havebeenaddedtothe allocation approved forthethirdIPFcycleamounting ~o$45,870,000. Thestatus ofthisreserveasat,31December 1984wasasfollows: unliquidated obligations ofexecuting agencies areshown b~parately in statement 11intheamountof$129,225,986 andconsistof$119,860,478 inrespect ofagencies forwhichoperating fundsareprovided and$9,365,508 inrespectof UNDPasanexecuting agencyforitsprojects asshowninstatement V.Operating fundsprovided byUNDPtoexecuting agencies andshownin statement 11intheamountof$35,418,632, consistof(a)balances amounting to $34,235,823 (net),which,aftertakingintoaccount unliquidated obligations, are consistent withthebalances asreported bytheexecuting agencies and (b)$1,182,809 inrespect oftransactions thatwerenotreflected intheoperating fundaccounts asat31December 1984,butwillberecorded inthoseaccounts in 1985. •UNDPadvances fundsto,a~dreceives fundsfor,thetrustfundswhichit administers. Thebalance ofthesetransactions asat31December 1984isshownin thefinancial statement relating toeachtrustfund(Statements VItoXVII)andcan besummarized asfollows: .=:,.:"::L-'--'".~_"'::'-'.L __,_,;,. l- Er tLL I,'"--rI I -102-equipment valuedat$400ormoreaupitandwithaserviceable lifeofatleast
**Analysis**
The text appears to be related to the financial management and reporting of the United Nations Development Programme (UNDP). It discusses government contributions, programme costs, exchange rates, and capital expenditure, which suggests that it is focused on the economic and financial aspects of development. Additionally, the text mentions trust funds and special programme resources, which may be related to specific development projects or initiatives.

**Category**
Economic development, International trade