analyxof this amount is provided in note 28. 51 Consisting of: 1988 1989 Unspent allocations 4 611 779 3 971 7.58 Unencumbered funds 1 281 637 1 081 933 5 893 416 5 053 691 The accompanying notes are an integral part of the financial statements. -109- STATEMENT XX UNDP: TRUST FUNDS ADMINISTERED BY UNDP Trust funds established by the Administrator pe'rez-Guerrero Trust Fund for Economic and Technical Co-Operation among Developing Countries Status of funds as at 31 December 1989 (United States dollars) 1988 1989 INCOME AND EXPENDITURE FOR THE YEAR 545 430 Interest income 710 209 Miscellaneous income (expenditure) (401 710 169 545 430 558 429 Less: Expenditure Project costs 308 ES4 Excess of income over expenditure (1988: Excess of expenditure over income) (12 999 401 315 ASSETS Cash 9 502 7 512 000 51 380 Convertible currencies Investments Operating funds provided to Governments for executing projects Operating funds provided to executing agencies Due from UNDP 72 542 Accrued interest (schedule 18) 4 961 6 504 351 99 084 72 581 226 135 431 7 645 424 6 81h 642 LXABILJTIES AND UNEXPENDED RESOURCES 1 171 692 Operating funds payable to executing agencies 11 871 Unliquidated obligations of executing agencies 46 534 Due to UNDP 1 230 097 Unexpended resources Balance as at 1 January 1989 Excess of income over expenditure (1988: Excess of expenditure over income) Balance as at 31 December 1989 E/ 6 415 321 6 428 326 401 315 6 816 642 6 816 642 - (12 999) 6 415 327 7 645 424 a_/ Consisting of: L *. 1989 Unspent allocation Unencumbered funds 552 238 483 595 5 863 089 6 333 047 6 415 327 6 816 642 The accompanying notes are an integral part of the financial statements. -llO- STATEMENT XXI UNDPt TRUST FUNDS ADMINISTERED BY UNDP 
**Analysis**
This text appears to be related to the administration of trust funds by the United Nations Development Programme (UNDP) for economic and technical cooperation among developing countries. The funds are used for project costs, interest income, and miscellaneous income, and the statement provides information on the income and expenditure, assets, and liabilities of the trust funds.

**Category**
Economic development, International trade