T5TP PJTTÎT C TRD GENERAL AGREEMENT ON • ^ TARIFFS AND TRADE 3 February 1953 Limited Distribution REPORT ON THE FINANCIAL SITUATION AS AT 31 JANUARY 1953 The statements attached give information on the actual inoome and expenditure for the financial year 1952, on the outstanding contributions as at 31 January 1953 and on current contributions reoeived before 31 January. A table showing the actual expenditure of ICITO/GATT from 1948 onwards is also attached. Report on the Financial Situation as at 31 January 1953 (in U^S. dollars) CD ro Preliminary actual income and expenditure of the financial year 1952 Total Incoes 0 398,114,78 Tctal Expenditure " 262.045.23 Disposable Surplus transferred to Reserve g 136.069.55 Outstanding ocntribut:ons for previous years - g 28.596.33 a) Contracting Parties: Tîtal cf contributions Country 1948-49 1950 1951 1952 outstanding China 3,750,- 10,601.72 14,351.72 Peru 2,687.25 2,669.25 5,356.50 Syria 2.653.43 2.687.25 5.337.68 Tctal 3.750.- 13.252.15 5.374.50 2.669.25 25.545.90 b) Acceding Governments: Total of contributions Country 1948-49 1950 1951 1952 outstanding Uruguay 900.- 2.650.43 3.550.43 T^tal 900.- 2.650.43 3.550.43 Statement of contributions received and contributions outstanding as at 31 January 1953 a) 1953 contributions received as at 31 January 1053' 0 71,788,33 = 21,.45% b) 1953 contributions of Contracting Parties outstanding as at 31 January 1953 0 270,211.67 = 76.98% c) contributions becoming due ca. accession L 9,000.~ 2.57% 0 351,000,- = 100% "ÏCITO - GATT Expenditure in 1948,1949,1950,1951 and 1952 (in Swiss Francs) 1945 1948 1949 1950 1951 1952 Sections (April to Dec.) Estimated expenditure on an., annual basis . Salaries & Wages a) Salaries 225,233*87 491,418.71 383,802o30 442,813.60 505,966.95 623,071.65 b) Travel on official business 13,336.55 32,548.36 33,668.45 56,537.70 31,563.35 7,667.50 . Common Staff Costs a) Allowances and other staff benefits. 39,530.80 55,977.30 51,877.35 71,118.50 59,089.05 113,921.20 b) Travel & removal, and home leave 30,686.60 30,686.60 19,413.25 13,883.05 12,758.15 46,654.35 . Common Services a) Cables & freight 11,161.- 28,422.88 24,284.- 7,856.80 12,398.95 7,258.30 b) Other common services 116,643.30 310,493.47 288,897.20 113,242.22 115,830.50 120,985.25 , Printing 25,913.70 25,913.70 36,568.70 8,096.20 196,058.80 36,024.20 . Permanent Equipment 3,715.50 98,329.05 . Other exp. (Hospitality, books and publications) 715.85 1,529.45 2,863.15 2,731.- 2,392.20 3,391.35 463,227.67 976,990.47 841,474.40 716,279.07 951,734.15 1,057,302.85 Until 15 August 1948 ICITO was in an organizing stage; the expenditure up to that date amounted to Sw.Frs. 44,604.-; the estimated annual expenditure has been based on the expenditure from 15 August to 31 December except for some non Jj* ^ recurrent items for which actual expenditure has been included in the estimate. CD CO The actual GATT expenditure in 1952 amounted to Sw.Frs. 1,134.655.80 but as the amount of Sw.Frs. 77,352.95 repaid w to ICITO represents expenditure included in the 1948 figure, it has been omitted for the purpose of this table. .