RESTRICTEDWORLD TRADE
ORGANIZATIONWT/BFA/W/72
16 October 2002
(02-5621)
Committee on Budget, Finance and Administration
DIRECTOR GENERAL’S BUDGETARY AND FINANCIAL REPORT
FOR 2001
AND REPORT OF THE EXTERNAL AUDITOR THEREONWT/BFA/W/72
Page 2
TABLE ON CONTENTS
PAGE
I. INTRO DUCTION ................................................................................................................. ...3
II. OVERALL EXPENDITURE IN THE WTO IN 2001............................................................3
III. 2001 REGULAR BUDGET......................................................................................................3
EXPENDITURE :  WTO .............................................................................................................. .........3
PERSONNEL -RELATED COSTS .......................................................................................................4
ADMINISTRATIVE AND OTHER COSTS ..........................................................................................5
EXPENDITURE:  AP PELLATE BO DY.............................................................................................8
PERSONNEL -RELATED COSTS .......................................................................................................8
ADMINISTRATIVE AND OTHER COSTS ..........................................................................................8
IV. INCOME ............................................................................................................................... ......10
V. S URPLUS ACCOUNT ..................................................................................................................11
VI. A SSETS AND LIABILITIES .........................................................................................................11
VII. WORKING CAP ITAL FUND...............................................................................................12
VIII. E ARLY PAYMENT ENCOURAGEMENT SCHEME .....................................................................13
IX. EXTRA-BUDGET ARY F UNDS ...........................................................................................13
X. REPORT  OF THE EXTERNAL AUDITOR ON THE ACCOUNTS OF THE
WORLD TRADE ORGANIZATION FOR THE YEAR ENDED 31
DECEMBER  2001 .................................................................................................................. 15
OPINION OF THE EXTERNAL AUDITOR ON THE ACCOUNTS
OF THE WORLD TRADE ORGANIZATION FOR THE
FINANCIAL YEAR ENDED 31 DECEMBER  2001........................................................................19
Schedule B / Tableau B / Cuadro B.............................................................................................. ......30
SCHEDU LE C..................................................................................................................... .................34
Investments held on 31 December 2001 ........................................................................................... ..34
SCHEDU LE D..................................................................................................................... .................35
SCHEDU LE E..................................................................................................................... .................36
SCHEDU LE F ..................................................................................................................... .................37
Statement of Outsta nding Contributions......................................................................................... ..37
STATEMENT OF SIGNIFICANT  ACCOUNTING PO LICIES....................................................38WT/BFA/W/72
Page 3
I. INTRODUCTION
1. In accordance with Regulations 24, 26 and 29 of the World Trade Organization Financial
Regulations (WT/L/156), the Director-General here by submits the Budgetary and Financial Report of
the World Trade Organization (WTO) for the financial year ended 31 December 2001.  The annual
accounts are presented in Swiss francs.
2. At its meeting on 14, 16 and 23 October 1998, the General Council adopted the resolution in
document WT/GC/W/102/Rev.1 which set out the conditions of service applicable to the staff of the
WTO Secretariat.  These conditions of service have been applied in the WTO Secretariat with effect
from 1 January 1999.
3. The WTO Financial Rules and Regulations were approved by the General Council in
November 1995 (WT/GC/M/8).  They have been applied as from 1 January 1996.
II. OVERALL EXPENDITURE IN THE WTO IN 2001
4. In the course of 2001, expenditure was incurred in respect of the annual budget of the WTO
as well as extra budgetary funds, made up of tr ust funds and other funds.  The total overall
expenditure of the Organization in 2001 amounted to CHF 143,385,992.  Expenditure under the
annual budget of the Organization accounted for 94.6 per cent of the total, corresponding to
CHF 135,634,750.  Expenditure against various trust funds represented 5.4 per cent or CHF 7,751,242
(excluding overhead).
III. 2001 REGULAR BUDGET
5. Members of the WTO appropriated CHF 134,083,610 for the financial year 2001
(WT/GC/M/61) comprised of CHF 131,305,610 for the WTO Secretariat and CHF 2,778,000 for the
regular expenditure of the Appellate Body and its Secretariat
6. This recommendation included the following two ‘Enhanced Activities’:
i) Translation - CHF 1,500,000; to cope with the ever-increasing demand for translations.
ii) Technical Co-operation Activities – CHF 1,500,000; to reinforce regular budget
technical assistance, consisting of 4 established posts, an additional CHF 400,000 for
technical missions and CHF 230,200 for consultants.
7. In this respect, WTO expenditure is detailed in paragraphs 8 to 29 and the respective
expenditure for the Appellate Body and its Secretariat is detailed in paragraphs 30 to 42.
EXPENDITURE:  WTO1
8. Obligations incurred in 2001 for WTO regular budget amounted CHF 132,737,518, and is
comprised of CHF 131,634,568 with respect to budgeted appropriations and CHF 1,102,950 with
respect to the unforeseen expenditure, primarily for the renovation and refurbishment of the new
premises in the new WTO Annexe (Rue Rothschild).  It therefore follows that the resulting budgetary
deficit of CHF  1,431,908 is also made up of the same two com ponents, i.e. i) a deficit of CHF 328,958
                                                     
1 Not including the Appellate Body and its SecretariatWT/BFA/W/72
Page 4
with respect of the WTO regular budget, and ii) CHF 1,102,950 resulting from the unforeseen
expenditure for the new Annexe.2
9. In accordance with accounting practice, expenditure incurred for ‘Rue Rothschild’, which
amounted to CHF 1,102,950, is segregated from its proper funding and is reported on under the WTO
regular budget.
10. The budgetary deficit of CHF 1,431,908 is the net result of overspending of CHF 6,358,031
and an under-spending of CHF 4,926,123 under various sections of the budget (Statements 1a, 2 and
3) and is summarised in paragraphs 11 and 12.
11. Considering sections of the budget where th e overspending was incurred (CHF 6,358,031), it
should be noted that some 87 per cent (CHF 5,514,092) is directly related to Temporary Assistance.
Within this amount, fully CHF 4,382,102, or 79.5 per cent relate to costs for interpretation for
meetings, translation and text-processing of documents etc.  Though Section 12 (Various) of the
budget includes an item for Ministerial Conference Expenditure (mentioned below), preparatoryexpenditure mainly for meeting interpretation and document translation and reproduction is reported
on under Section 2 (Temporary Assistance).  The remaining CHF 843,939 is the net overspending
includes two special activities for 2001, namely, an overspending for the Doha Ministerial Conference
of CHF 727,041 and the unforeseen renovation and refurbishment expenditure for the new annex at
‘Rue Rothschild’.
12. The overall saving of CHF 4,926,123 is comprised of CHF 3,844,689 on ‘Staff Work years’
as detailed in paragraphs 14, as well as CHF 1,081,434 on ‘Administrative and Other costs’ as
referred to in paragraphs 16 to 29.
PERSONNEL -RELATED COSTS
13. The overspending of CHF 1,669,403 on ‘Personnel-related costs’ is the net result of various
under and over-expenditures under a number of sub-items.  The savings that occurred under
Section 1 (Staff Work Years) did not suffice to cover the over-expenditure under
Section 2 (Temporary Assistance); the shortfall is as follows:
CHF
Section 1 - Staff Work Years 3,844,689
Section 2 - Temporary Assistance (5,514,092)
Total (1,669,403)
14. Under Section 1 (Staff Work Years), the saving can be subdivided into under-expenditures of
CHF 2,464,970 in respect of salaries, CHF 881,731 in respect of pensions and CHF 497,988 in respect
of common staff costs (other than pensions).  Savings occurred on salaries and pensions primarily as aresult of vacant posts.  In addition, 9 new posts were established on 1 January 2001 but were not
immediately filled. In the interim, staffing needs were partially met through temporary assistance.
15. Section 2 (Temporary Assistance), in addition to meeting staff needs resulting from vacant
posts as mentioned under Section 1 (Staff Work Years), this section’s over-expenditure amounted to
CHF 5,514,092 and was incurred, primarily as a result of two of the WTO’s activities which either
continued to grow and/or where resources were inadequate for the demands3.  The activities relate to
                                                     
2 It will be recalled that the Committee on Budget, Finance and Administration recommended that
CHF 600,497 from the credit balance in the 2000 Surplus Account be utilized to defray partially the unforeseen
expenses related to the new Annexe (WT/BFA/56, paragraph 22).
3 Refer to paragraph 11.WT/BFA/W/72
Page 5
the volume of documentation produced (translation and text-processing) as well as the number of
meetings held (interpretation) where the over-expenditures amounted to CHF 2,927,210,
CHF 560,581 and CHF 782,984 respectively.  Over-expenditure has also been recorded under the
following: Replacement of staff on maternity or long sick leave - CHF 316,613; Messengers/Guards -
CHF 239,753; Clerical and Secretarial assistan ce - CHF 77,407; Conference staff - CHF 139,315;
Overtime – CHF 208,084; Informatics Consultants – CHF 198,626; Internships - CHF 40,870 andTemporary Assistance Common Staff Costs - CHF 547,195. This over-expenditure was offset by an
aggregate saving of CHF 524,546 with respect to Consultants
4, Proofreaders and Temporary
Assistance staff for Reproduction.
ADMINISTRATIVE AND OTHER COSTS
16. The under-expenditure of CHF 237,495 on ‘Administrative and other costs’, is the net result
of various under and over-expenditures on a number of sub-items and includes CHF 1,083,9505 with
respect to expenditure incurred for the unforeseen renovation and refurbishment of the new WTOAnnexe.  Over-expenditures occurred on the following sections:
CHF
Section 3 - Communications (106,509)
Section 4 - Building Facilities (80,711)
Section 5 - Permanent Equipment (203,465)Section 6 - Expendable Equipment (41,770)
Section 7 - Contractual Services (171,012)
Section 12 - Various (including Dispute Settlement Panels) (240,472)
and was offset by under-expenditure on the following sections:
Section 8 - Staff Overhead Costs 138,093
Section 9 - Missions 229,241
Section 10 - Trade Policy Training Courses 127,431
Section 11 - Contribution International Trade Centre 486,669
Section 13 - Unforeseen Expenditure 100,000
Total 237,495
17. Under Section 3 (Communications), the total over-expenditure of CHF 106,509 is comprised
of an under-expenditure of CHF 9,884 for telecommunications (telephones and faxes) and over-
expenditure of CHF 116,394 with respect to postal services. Concerning postal services, two elements
contributed to the over-expenditure i) an underestimation of the volume of documents distributed
through the post (refer to Section 6), and ii) increased postal rates for Category 1 mail as well as for
publications.
18. Under Section 4 (Building Facilities), the ov erall over-expenditure of CHF 80,711 is the net
result of over-expenditure under Rental of Premises – CHF 9,885 and Maintenance and Insurance -
CHF 170,962 offset by, a saving under Utilities –CHF 100,136.
                                                     
4 See footnote 5.
5 CHF 1,102,950 less CHF 19,000 with respect a consultancy contract under Section 2 (Temporary
Assistance)WT/BFA/W/72
Page 6
a) Rental: - In addition to the rental of storage facilities outside the Centre William
Rappard (CWR), the provision for the rental of car parking spaces was exceeded as some of
the parking facilities for the new WTO Annexe had to be contracted for in December.
b) Maintenance and Insurance: - The over-expenditure under this sub-item is comprised of
CHF 187,644 with respect to the renovation costs associated with the new WTO Annexe,offset by a reduction in the building insurance premium paid for the CWR.
c) Utilities: - Forecasts for costs related to heating and water, primarily for the former
WTO Annexe, were less than foreseen. In addition, the cleaning contract for the Centre
William Rappard was not increased as had been anticipated.
19. Under Section 5 (Permanent Equipment), aggregate expenditure for both purchase and lease
under Permanent Equipment exceeded the budget allocations by CHF 203,465. If abstraction were to
be made for the permanent equipment purchased in connection to the new WTO Annexe
(CHF 605,758)6, this section would have otherwise indicated a saving of CHF 402,293. This situation
should be viewed in conjunction with the over-expenditure under Section 7 (Contractual Services) and
Section 2 (Temporary Assistance - informatics cons ultants) where, due to changes in informatics
project priority as well as the reconfiguration of the Documents Reproduction Unit,  funds had to be
re-deployed to meet changing needs.
20. Section 6 (Expendable Equipment), refers to purchases in respect of office, building and
reproduction supplies. The over-expenditure of CHF 41,770 is primarily under reproduction, where
increases in unit cost and volume of paper exceeded what was projected (110 million copies foreseen
and 121 million were actually printed).
21. Under Section 7 (Contractual Services), the overall over-expenditure of CHF 171,012 is the
net result of over-expenditure under Office Automation – CHF 230,131. This included an amount of
CHF 278,688 with respect to the new WTO Annexe.  The balance of the over-expenditure under this
item was a result of having to respond to changing priorities7, offset by savings under Reproduction –
CHF 7,654 and Other – CHF 51,465 where lower maintenance costs than foreseen were necessary formore up-to-date equipment including the relatively new fleet of official vehicles.
22. Under Section 12 (Various), the overall over-expenditure of CHF 240,472 for this section is
comprised of: Ministerial Conference Operating Fund – CHF 727,041, where expenditure pertaining
to the Ministerial Conference at Doha is reported on; Other – CHF 12,390, primarily for bank charges
offset by, under-expenditures under Representation and Hospitality – CHF 6,484; Dispute SettlementPanels – CHF 413,634; Permanent Group of Experts – CHF 30,000; Library – CHF 1,564;
Publications – CHF 4,116; Public Information Activities – CHF 42,228 and International
Organization on Standardisation (ISO) – CHF 933.
23. In accordance with the 1997 decision of the Committee on Budget Finance and
Administration (Document WT/BFA/32) to spread more evenly the costs associated with a Ministerial
Conference, a provision of CHF 384,950
8 was made in 2000 under the Ministerial Conference
Operating Fund.  This provision was carried forward and used to offset the total expenditure in 2001from CHF 1,511,991 to CHF 1,127,041. Overall expenditure for the Ministerial Conference thus
exceeded the budget appropriation by CHF 727,041.
                                                     
6 Comprised of: Extension of the LAN and telephone networks; backup switchboard and security
installations.
7 See para 13.
8 Net of fact-finding missions amounting to CHF 15,050 in 2000.WT/BFA/W/72
Page 7
24. Under Section 8 (Staff Overhead Costs), the under-expenditure amounted to CHF 138,093
and is comprised of:  i) Training – CHF 5,903, ii) Insurance – CHF 15,520 and iii) Jointly Financed
Bodies – CHF 121,973 (as the budget exercise for these institutions is on biennium basis, savings
realised in 2000 and 2001 were offset against the amount due in 2001). In addition excess expenditure
had to be realised under iv) Miscellaneous – CHF 5,304 for vacancy advertisement costs in
newspapers and journals.
25. The overall under-expenditure for Section 9 (Missions) amounted to CHF 229,241 and is
comprised of Official Missions - CHF 176,894 and Technical Missions – CHF 52,347.
26. Savings of CHF 127,431 were registered under S ection 10 (Trade Policy Training Courses).
The anticipated increase in the stipend rate payable to students did not take place.  In addition, due to
timetable constraints, the third Trade Policy Course was shortened by one week.
27.  Under Section 11 (Contribution to the International Trade Centre (ITC)) contributions were
made by the WTO in accordance to the ITC’s level of expenditure in 2001. WTO participation in the
running costs amounted to CHF 13,874,831, leaving a balance of CHF 486,669.
28. With respect to Section 13 (Unforeseen Expenditure), it was not necessary to call upon this
provision.
29. In accordance with WTO Financial Regulation 24 and WTO Financial Rule 4.4, transfers
between WTO budgetary sections of CHF 4,826,123 are necessary in order to cover excess
expenditure over approved appropriations by savings as detailed in paragraphs 14, 24 through 28.
Authority is sought to increase these appropriations accordingly, as follows:
Transfers from Transfers to
CHF CHF
Section 1 - Staff Work Years (3,844,689)
Section 8 - Staff Overhead Costs (138,093)
Section 9 - Missions (229,241)
Section 10 - Trade Policy Training Courses (127,431)
Section 11 - ITC (486,669)
Section 2 - Temporary Assistance 4,585,651
Section 12 - Various 240,472
__________ _________
(4,826,123) 4,826,123WT/BFA/W/72
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EXPENDITURE:  APPELLATE BODY
30. Pursuant to the recommendation of the Committee on Budget, Finance and Administration
(WT/BFA/51), the General Council approved (WTGC/M/ 61) that the financing of the Appellate Body
would be divided into two categories:  (i) permanent costs, and (ii) variable costs.  The permanent
costs form part of the regular budget procedure and are charged against the corresponding
appropriations according to the financial regulations and rules within the limits set up by the WTOMembers.  In this respect, WTO Members appropriated CHF 2,778,000 for the permanent costs of the
Appellate Body for the financial year 2001.
31. The General Council also endorsed the recommendation of the Committee on Budget,
Finance and Administration that the variable costs would be charged to the Appellate Body Operating
Fund (ABOF).  In 2001, an additional amount of CHF 1,800,000 was provided from the 2000 surplus
(W/BFA/56).
32. Against the approved 2001 budget for the permanent costs of the Appellate Body, obligations
incurred amounted to CHF 2,897,232, leading to an over-expenditure of CHF 119,232 (Statements 1b,
2 and 3). This over-expenditure was comprised of  CHF 88,973 under personnel-related costs, and
(ii) CHF 30,259 under administrative and other costs.
33. The aggregate cost for the Appellate Body  comprising permanent costs (under the 2001
budget) and the variable costs (under the ABOF-see paragraph 59) amounted to CHF 4,904,334.
PERSONNEL -RELATED COSTS
34. The budgetary over-expenditure of CHF 88,973 on personnel-related costs was the net result
of over-expenditures of CHF 74,143 in Section 1 a nd CHF 14,830 in Section 2.  Under Section 1
(Staff Work Years), the over-expenditure was primarily due to the unforeseen change of the Director
offset by savings resulting from posts which were vacant for part of 2001.  With regard to Section 2
(Temporary Assistance), over-expenditure was primar ily due to the need for additional internships.
ADMINISTRATIVE AND OTHER COSTS
35. The over-expenditure of CHF 30,259 on administrative and other costs, is the net result of
various under and over-expenditures on a number of sub-items.
Over-expenditure was incurred for the following sections:
CHF
Section 3 - Communications (1,196)Section 8 - Staff Overhead Costs (43,785)
Section 12 - Various (31,780)
and were offset by under-expenditure for the following sections:
Section 4 - Building Facilities 6,807
Section 5 - Permanent Equipment 29,836
Section 6 - Expendable Equipment 2,773
Section 7 - Contractual Services 2,297
Section 9 - Missions 4,789
Total (30,259)WT/BFA/W/72
Page 9
36. Under Section 3 (Communications), for the same reasons as those mentioned under the WTO
Secretariat, expenditure under this allocation exceeded the budget allocation by CHF 1,196.
37. Under Section 8 (Staff Overhead Costs), the over-expenditure of CHF 43,785 is primarily due
to the cost of placing announcements in the press for the replacement of the Director. In addition,
expenditure for the insurance premiums was also under-estimated.
38. Under Section 12 (Various), the over-expenditure of CHF 31,780 is the net result of over-
expenditure for some sections and savings for others. Expenditure on retainer and administrative fees
for the Appellate Body Members exceeded the budget allocations as, certain Members having reached
the end of their mandates, overlapping was necessary to complete/handover cases. In addition, over-
expenditure was also incurred for reference material. Concerning the allocation for Hospitality, a
saving of CHF 368 was realised in 2001.
39. Savings of CHF 6,807 were registered under Section 4 (Building Facilities). This was
primarily due to the fact that expenditure destined to improve security for the Appellate Body
Secretariat was over estimated.
40. For Section 5 (Permanent Equipment), Section 6  (Expendable Equipment) and Section 7
(Contractual Services), savings amounting to CHF 29,836, CHF 2,773, and CHF 2,297 were realised
respectively.
41. With regard to Section 9 (Missions), expenditure for missions did not exceed the budgetary
allocation and a saving of CHF 4,789 was realised for 2001.
42. In accordance with WTO Financial Regulation 24 and Financial Rule 4.4, transfers between
budgetary sections of CHF 46,502 necessary in order to cover excess expenditure over approved
appropriations by savings as detailed in paragraphs 39 through 41.  Authority is sought to increase
these appropriations accordingly, as follows:
Transfers from Transfers to
CHF CHF
Section 4 - Building Facilities                                                       (6,807)
Section 5 - Permanent Equipment                                               (29,836)
Section 6 - Expendable Equipment                                               (2,773)Section 7 - Contractual Services (2,297)
Section 10 - Missions                                                                       (4,789)
Section 1 - Work years                                                                                                    13,526
Section 3 - Communications 1,196Section 12 - Various                                                                                                          31, 780
Total (46,502) 46,502WT/BFA/W/72
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IV. INCOME
43. 2001 expenditure was to be funded from two sources:  (i) contributions assessed on Members
and (ii) miscellaneous income.
44. At the adoption of the income budget, contributions for 2001 were assessed on Members in
the amount of CHF 132,900,000 (Statement 2).  Su bsequently, contributions of CHF 216,467,
CHF 67,790, and CHF 10,355 were assessed on China, Lithuania and Moldova respectively, as newWTO Members.  Collections as at 31 December 2001 in respect of 2001 contributions represented
CHF 133,194,612 (including interest of CHF 230,390 earned by Members in 1999 in the context of
the Early Payment Encouragement Scheme).
45. The details of miscellaneous income regarding (i) a comparison with 2000 figures and (ii) the
shortfall of actual 2001 miscellaneous income over estimates by CHF 410,780 (Statements 2 and 3), is
provided below:
2000 2001 2001 2001
Actual Estimated
Actual Balance
CHF CHF CHF CHF
Sale of Publications/Souvenirs & Royalties (24,041) 370,000 (273,015)9(643,015)
Profit or (loss) on exchange 169,570 - (324,583)   (324,583)
Savings on previous year's  outstanding obligations 160,850 90,000 236,856 146,856
Rental of meeting rooms and office
  space at Centre William Rappard 162,470 100,000 152,965 52,965
Contributions of Observer countries 833,880 710,000 661,187 (48,813)
Interest on Current Account 74,647 79,000 81,609 62,609Various (235,995)  26,600
369,801  343,201
Total 1,141,381 1,315,600 904,820 (410,780)
46. Various other income for 2001 comprises the following:
CHF
Refund of prior year's expenditure10126,285
Miscellaneous (microfiche, paper recycling, photocopies, etc.) 240,425
Settlement discount from suppliers 3,091
Less:  Funding contri butions in arrears ________
Total 369,801
                                                     
9 Includes royalties CHF 43,792 for the sale of publications.
10 It was noted that under Regulation 18 of the WTO Financial Regulations, which deals with
exceptions to recording entries under miscellaneous income , point (d) should read “direct refunds of expenditure
received during the current financial period, …”.  Refund of prior year’s expenditure will, as was always the
case, continue to be recorded under miscellaneous income.  Contributions of Observers shall also be included
under miscellaneous income, as has been the practice from the beginning of assessments on observers.WT/BFA/W/72
Page 11
V. SURPLUS ACCOUNT
47. The Surplus Account (Statement 3) shows a deficit amounting to CHF 5,095,538 as at
31 December 2001, due to:
(a) an increase in the provision for contributions in arrears of CHF 4,158,28611,
(b) the write-off of irrecoverable invoices and air-tickets of CHF 2,431;
(c) the utilization of the surplus as at 31 December 2000 as follows:
i) a replenishment of the Appellate Body Operating Fund of CHF 1,800,000;
ii) the establishment of the Doha Development Agenda Global Trust Fund
Buffer Account of CHF 1,000,000;
iii) partial funding of the costs related to the new WTO Annexe of CHF 600,497;
(d) an excess of expenditure over income as follows:
i) the 2001 budgetary deficit of CHF 1,551,140 (CHF 1,431,908 for the WTO
Secretariat and CHF 119,232 for the Appe llate Body Secretariat) partially
off-set by the use of CHF 600,497 from the 2000 Surplus (see (c)(iii) above),
leading to an over-expenditure of CHF 950,643 under the 2001 budget;
ii) a shortfall of CHF 278,790 in actual versus estimated miscellaneous income;
iii) contributions amounting to CHF 294,612 assessed on three new Members
subsequent to the adoption of the 2001 scale of contributions. This amount
offset the deficit and shortfall mentioned under (d) (i) and (ii) above.
48. Taking into account the opening balance of CHF 3,400,497 in the Surplus Account on
1 January 2001, the net effect of the movements explained in paragraph 47 above is that there was an
accumulated deficit of CHF 5,095,538 at the end of 2001. This amount was covered from the
Working Capital Fund in accordance with WTO Financial Regulation 26.4.
VI. ASSETS AND LIABILITIES
Assets
49. At 31 December 2001, cash in hand represented CHF 10,000; cash at bank and in the postal
checking account amounted to CHF 4,068,577.  Investments held on 31 December 2001, including
those related to a trust fund, were CHF 7,905,320 (Schedule C) and CHF 736,500 worth held in Euros(Schedule D).
50. Contributions receivable from Members amounted to CHF 26,751,726 at 31 December 2001
as shown in Schedule B.  This corresponding amount for 31 December 2000 was CHF 22,593,440.
51. At the recommendation from the External Au ditors, contributions receivable from WTO
Observers are recorded as a receivable asset and amount to CHF 547,490
12.
52. Prepaid 2002 expenditure is CHF 756,108. Miscellaneous accounts receivable at
31 December 2001 totalled CHF 3,442,863.  This amount includes staff advances of CHF 1,532,222for salary, travel and education grants.   In respect of United States taxes, an amount of CHF 443,611
                                                     
11 Contributions receivable from WTO members amounted to CHF 26,751,726 at 31 December 2001 as
compared with CHF 22,593,440 at the end of 2000, i.e. an increase of CHF 4,158,286 in contributionsoutstanding.
12 Document WT/BFA/W/42.WT/BFA/W/72
Page 12
is due from their authorities.  CHF 387,769 was recorded as recoverable Swiss taxes, an amount
which includes VAT refunds and taxes on interest. Accrued interest on investments amount to
CHF 7,619.   A total of CHF 747,940 recorded as receivable represents the value of stock of WTO
publications, co-publications and souvenirs.  Various other items amounted to CHF 323,702 of which
outstanding invoices on the sale of publications amounted to CHF 189,859; advance to suppliers
CHF 63,369 leaving a balance of CHF 70,474 for receivable WTO invoices on work done for others,rental of offices and meeting rooms and travel costs funded by outside entities.
Liabilities
53. Miscellaneous accounts payable at 31 December 2001 amounted to CHF 3,697,704 and
included the following: (i) amounts payable to suppliers: CHF 2,463,668; (ii) amounts payable to
WTO staff (e.g. travel claims) and to consultants for unliquidated payments on contracts:
CHF 947,147 and other payables CHF 286,889.
54. CHF 903,116 (Schedule A) in respect of interest earned in 2001 will be applied against
assessed contributions for the year 2003 in accordance with the provisions of the Early Payment
Encouragement Scheme (see paragraph 63).  The 2000 interest of CHF 476,855 has been apportioned
and deducted from the 2001 assessments on relevant Members.
55. Advance contributions pertaining to 2002 and 2003 amounted to CHF 2,753,432 and
CHF 226,484 respectively.  Advance payments from WTO Observers amounted to CHF 873.
56. Total outstanding obligations amount to CH F 1,592,162, and are comprised of CHF 1,558,149
with respect to the WTO and CHF 34,013 with respec t to the Appellate Body Secretariat (excluding
the Appellate Body Operating Fund).
57. CHF 26,751,726 covered all contributions in arrears as at 31 December 2001.  (Statement 4
and Schedule B).
58. In accordance with the decision of the General Council (WT/GC/M/72) a provision
CHF 1,000,000 has been created to used as buffer account in connexion with the ‘Doha Development
Agenda Global Trust Fund’.
59. The balance of the Appellate Body Oper ating Fund (ABOF) amounted to CHF 1,711,018 on
31 December 2001.
60. The balance sheet of all other extra-budg etary funds stood at CHF 10,200,752 on the same
date. (see document WT/BFA/W/74).
61. As mentioned in paragraph 51 the 2001 Deficit amounted to CHF 5,095,538.
VII. WORKING CAPITAL FUND
62. The principal of the Fund amounted to CHF 8,606,887 as at 31 December 2001.  This amount
included CHF 3,386,203 in advances made by Members as at 31 December 2001.  Interest amounting
to CHF 211,01813 was credited to the Working Capital Fund.  An amount of CHF 459,158 has been
recorded as receivable from Members as at 31 December 2001 as well as CHF 65,776 as withholding
tax on interest (Statement 5). The balance of the current account of the Working Capital Fund
amounted to CHF 181,953. In accordance with WTO Financial Regulation 26.4 the accumulated
deficit for 2001, of CHF 5,095,538, was covered by the Working Capital Fund (see paragraph 48).
                                                     
13 Inclusive of the interest on the current account of the Working Capital Fund CHF 1,820.WT/BFA/W/72
Page 13
VIII.  EARLY PAYMENT ENCOURAGEMENT SCHEME
63. Pursuant to the Council's approval (C/M/226) of the recommendation of the Committee on
Budget, Finance and Administration (L/6384) to  introduce a system to encourage payment of
contributions, interest earned on the current year's contributions is refunded to Members on the basis
of calculations which take account of the amount and date of payment.  Schedule A shows the
apportionment of CHF 903,116 earned as interest in 2001 (Schedule 4).  The apportioned amountswill be deducted from the relevant Members' contributions for 2003.
IX. EXTRA-BUDGETARY FUNDS
Appellate Body Operating Fund
64. With respect to the variable costs, which are dependent upon the number, complexity and
length of appeals, the General Council endorsed the recommendation of the Committee on Budget,
Finance and Administration that these would be charged to the Appellate Body Operating Fund
(ABOF).  On 1 January 2001, the fund stood at CHF 1,886,192; additional funding of CHF 1,800,000
from the 2000 Surplus was provided in the course of 2001.  Expenditure with respect to 2001
amounted to CHF 2,007,102. Interest earned on the unutilised balance throughout the year amounted
to CHF 31,928. The balance as at 31 December 2001 is CHF 1,711,018.
Statement of Account
as at 31 December 2001
CHF
FUNDS
Opening Balance of 1 January 2001 1,886,192
Interest earned in 2001 31,928
Transfer from 2000 Surplus 1,800,000
3,718,120
EXPENDITURE
    Interpreters 7,995
    Transcribers 64,457
    Temporary Assistance 142,960    Postage 7,543    Members Travel and per diem 804,205    Members fees 963,600    Miscellaneous 16,342
2,007,102
BALANCE ON 31 DECEMBER 2001 1,711,018WT/BFA/W/72
Page 14
Ministerial Operating Fund
65. The fourth WTO Ministerial Conference in ‘Doha’, Qatar from 9 to 13 November 2001. The
expenditure under this heading concerns any type of expenditure that the organization would have had
to incur, if the Ministerial were to be held at the duty station, and excludes all expenditure relating to
it’s change of venue to ‘Doha’.
66. To avoid budgetary fluctuations the Committ ee on Budget Finance and Administration
decided in 1997 (WT/BFA/32) to create a provision in the regular budget for this event and for it to be
carried forward in Non-Ministerial years. The pr ovision for this Ministerial Conference amount to
CHF 800,000 and is comprised of a provision of CHF 400,000 in both 2000 and 2001.
67. Pre-Ministerial expenditure in 2000 for expl oratory and fact-finding missions amounted to
CHF 15,050 reducing the amount carried forward to  CHF 384,950. This provision has been carried
forward to 2001 and reduced the overall expenditure charged in 2001 from CHF 1,511,991 to
CHF 1,127,041, realising an over-expenditure of CHF 727,04114 for 2001.
68. The table below summaries the aggregate expenditure in connection with the fourth
Ministerial of the WTO:
Statement of Account
as at 31 December 2001
CHF
EXPENDITURE
Temporary Assistance 686,388
Communications 110,267
Permanent Equipment 55,589Expendable Equipment 42,230Contractual Services (Reproduction) 41,527Insurance 44,932Missions (per diem) 313,037Hospitality 18,284Publications 162,035Public Information Activities 37,044Other 658
Sub-total 1,511,991
Less: 2000 Provision (384,950)
 2001 Budgetary expenditure 1,127,041
                                                     
14 See paragraph 22.WT/BFA/W/72
Page 15
X. REPORT OF THE EXTERNAL AUDITOR ON THE ACCOUNTS OF THE WORLD
TRADE ORGANIZATION FOR THE YEAR ENDED 31 DECEMBER 2001
GENERAL
69. The Financial Regulations of the World Trade Organization (WTO) came into effect on
1 January 1996 and have been applied to the financial administration of the Secretariat to the WTOfrom that date.  The examination has been carried ou t in accordance with those regulations and rules,
and with the financial resolutions and decisions of the WTO.
70. The audit of the 2001 accounts has been carried out on the assumption that the transfers
between budgetary sections proposed in document WT/BFA/W/72, paragraphs 29 and 42, in
accordance with WTO Financial Regulation 24 and WTO Financial Rule 4.4, will be approved by the
WTO General Council.
71. The audit on the 2001 accounts of the WTO is the final audit executed by  the Netherlands
Court of Audit.  Looking back at a period of five years, the auditors stated that they appreciated the
frank and open discussions with the Secretariat. On one hand a number of items have been solved
satisfactorily during this period, while  on the other hand there are still a number of questions that will
need  further attention in the future. We mentioned items such  as administrative organization, internal
audit and informatics.
72. At this point  the representatives of the Netherlands Court of Audit wish to record their
appreciation for the willing cooperation the officers of the Secretariat gave during this period of five
years of audit.
EXPLANATORY NOTES TO THE ACCOUNTS
Outturn in 2001
73. Appropriations authorized by the Members of the WTO for 2001 were CHF  131,305,610  for
the WTO Secretariat (Statement 1a), and CHF  2,778,000 in respect of the Appellate Body and its
Secretariat (Statement 1b).  The overall budget of CHF  134,083,610  (WTO Secretariat and theAppellate Body and its Secretariat) was to be financed by contributions of CHF  132,900,000 and
estimated miscellaneous income of CHF  1,315,610.
74. Expenditure under the WTO Secretariat in 2001 amounted to CHF  132,737,518, leaving a
budgetary deficit  of CHF  1,431,908.  With respect to the Appellate Body and its Secretariat, 2001
expenditure amounted to CHF  2,897,232,  resulting in a budgetary deficit of CHF  119,232.  The totalexcess of  expenditure over  income totalled CHF  1,535,318  (Statement 2).
Outstanding Contributions
75. Contributions outstanding at 31 December 2001 for WTO Members amounted to
CHF 26,751,726 (Schedule B).  This was CHF 4,158,286 more than at 31 December 2000.  The
provision for contributions in arrears was increased accordingly.  This provision takes no account of
the degree of collectableness of the contributions outstanding; it is maintained for the whole amountof it.   38.2 per cent of the amount outstanding related to contributions for 2001.WT/BFA/W/72
Page 16
Outstanding obligations for the WTO as at 31 December 2001
76. Total outstanding obligations of the WTO amounted to CHF 1,558,149 comprised of the
following: Section 1-(Work Years): CHF 227,83 7; Section 2-(Temporary Assistance): CHF 56 5,014;
Section 3 – (Communications) CHF 2,500: Secti on 4-(Building Facilities): CHF 88,206; Section 5-
(Permanent Equipment): CHF 172,648; Section 6 -(Expendable Equipment): CHF 3,124; Section 7-
(Contractual Services): CHF 49,585; Section 8- (Staff Overhead Costs): CHF 65,354; Section 9-
(Missions): CHF 370: Section 10 (Trade Policy Tr aining Courses) CHF 500: Section 12- (Various:
Hospitality, Dispute Settlement Panels, Library, Publications, Public Information Activities, External
Auditors, Ministerial Meetings and Others):   CHF 193,868 and Ministerial Conference (Doha)
CHF 189,143.
Outstanding obligations for the Appellate  Body Secretariat as at 31 December 2001
77. Total outstanding obligations of the Appellate Body Secretariat amounted to CHF 34,013
comprised of the following: Section 1-(Work Ye ars): CHF 20,120; Section 2-(Temporary Assistance):
CHF 1,770; Section 4-(Building Facilities): CHF 3,193, Section 5 (Permanent Equipment): 6,930 and
Section 12- (Various) CHF 2,000
78. The General Fund contained an amount of CHF 10,200,752 that remained available under
extra-budgetary funds.  In addition, the closing position on 31 December 2001 of the Appellate Body
Operating Fund amounted to CHF 1,711,018.
REGULARITY
Accounts Receivable
79. Outstanding assessments on observers as at 31 December 2001 amounted to CHF 547,490
(Schedule D) and are reflected under Accounts Receivable in Statement 4.
Losses on sales of publications
80. The loss on the item ‘sales of publications’ increased from CHF 24,041 in 2000 to
CHF 273,015 in 2001. The auditors noted that this matter has been discussed in the Committee on
Budget, Finance and Administration.  The Secretariat explained that the situation has been mainly due
to the free distribution of publications for various regular and extra-budgetary activities in the WTO.
The auditors noted that procedures were being put into  effect which should rectify this situation in the
future.
Administrative organization
81. The auditors appreciate that a number of regulations and rules have over the years been
brought together in a WTO administrative manual, following recommendations in their previous
reports. However, still missing is a description of all the relevant financial and non-financial
processes, as has been suggested in the auditors’ reports in 1997 and 1999. Because it is essential forthe proper internal control of business processes and as a management tool, it is recommended that
priority given to the formulation and maintenance of such an expanded  administrative manual.WT/BFA/W/72
Page 17
Equipment
82. Although the necessity of periodical inventory checks has been  recognized, only a limited
number of such  checks were executed in 2001. The move into the new WTO Annexe and the removal
of various  kinds of equipment underline, in the opinion of the auditors, this necessity even more.
Pension Plan Costs
83. This item is still pending. The auditors note that the WTO Pension Plan has  taken a provision
for these costs in their accounts.
Extra budgetary Funds
84. The auditors noted that the efforts of the Secretariat in reducing the amount of receivables has
been successful.
Internal Control
85. Although procedures for internal control are generally operational and the necessary
separation of duties and responsibilities has been established, in light of the increasing complexity and
size of the organization the auditors maintain their recommendation that an internal auditor or internal
audit function should be appointed to check independently that  all the procedures are being correctly
followed.  Such a function could be affiliated and report to the financial director in order to avoidadding a new level of bureaucracy to the organization.
Doha Development Age nda Global Trust Fund
86. The auditors noted that payment of contributions announced by Governments in the context
of the Doha Development Agenda Global Trust Fund (DDAGTF) were rather slow in being received
in the first months following the Pledging Conference .  The auditors stressed that activities related to
extra-budgetary funds should not be undertaken before at least a substantial part of the funds to
finance the activity have been received.
Time registration system
87. The auditors suggested that this item be taken up at a future meeting  of the Committee on
Budget, Finance and Administration for further examination.WT/BFA/W/72
Page 18
Automation
88. In the 2000 report, the auditors suggested that periodical IT-audits should be performed,
focussed on the quality and the functioning of the Oracle system and the adequacy of the existing
procedures. Since then two audits have been performed with the objective to take stock of the
functional and technical problems experienced by the users, to be able to improve on the usefulness of
the system. To avoid that, as a result of these audits, problems will be dealt with  in an improvised
way, the auditors recommended that additional audits be performed on the exclusivity (authorisation
and authenticity), integrity (inaccurate, incomplete and untimely information) and continuity
(disturbances in processing of information, and the recovery time after disturbance) of the system, so
that all relevant dimensions and necessary safeguards can be taken into account when a plan for
improvements is drawn up.
CLOSING  PARAGRAPH
89. The representatives of the Netherlands Court of Audit wish to record their appreciation of the
willing cooperation given by the officers of the Secretariat during the audit.
(Signed)
_____________________________________
Drs. Saskia J. Stuiveling
President of the Dutch Court of AuditWT/BFA/W/72
Page 19
OPINION OF THE EXTERNAL AUDITOR ON THE ACCOUNTS
OF THE WORLD TRADE ORGANIZATION FOR THE
FINANCIAL YEAR ENDED 31 DECEMBER 2001
I have examined the Financial Statements contained in document WT/BFA/W/72, comprising
Statements 1 to 5, Schedules A, B, and C and th e Annex, of the World Trade Organization for the
year ended 31 December 2001.  The examination included a general review of the accounting
procedures and such tests of the accounting records and other supporting evidence, as they considered
necessary in the circumstances.  As a result of the examination, the opinion is given that these
statements, which were prepared in conformity with the accounting policies described in the Annex ofDocument WT/BFA/W/72 and applied on a basis consistent with that of the preceding financial
period, present fairly the financial position of the World Trade Organization as at 31 December 2001
and the operations for 2001.  They properly reflect the financial transactions for the financial period,
which transactions were in accordance with the applied Financial Regulations and Rules and
legislative authority and with the financial resolutions and decisions of the Members of the WorldTrade Organization.
(Signed)
_____________________________________
Drs. Saskia J. Stuiveling
President of the Dutch Court of AuditWT/BFA/W/72
Page 20STATEMENT 1a
WORLD TRADE ORGANIZATION
WTO Secretariat
Statement of Budgetary Expenditure 2001
(in Swiss francs)
Original
Appropriation
(WT/GC/M/61)Proposed
TransfersFinal
AppropriationsExpenditure Expenditure
New AnnexeBalance
PART A. PROFESSIONAL
Section 1. Work/Years 83,484,300 (3,844,689) 79,639,611 79,639,611
2. Temporary Assistance 11,443,050 4,585,651 16,028,701 16,938,142 19,000 (928,441)
PART B. ADMINISTRATIVE COSTS
3. Communications 1,795,000 1,795,000 1,901,509 (106,509)
4. Building Facilities 2,548,100 2,548,100 2,432,307 196,504 (80,711)
5. Permanent Equipment 3,474,750 3,474,750 3,072,457 605,758 (203,465)
6. Expendable Equipment 1,264,670 1,264,670 1,303,440 3,000 (41,770)
7. Contractual Services 3,674,540 3,674,540 3,566,864 278,688 (171,012)
PART C. OTHER COSTS
8. Staff Overhead Costs 2,053,400 (138,093) 1,915,307 1,915.307
9. Missions 2,368,300 (229,241) 2,139,059 2,139,059
10. Trade Policy Training Courses 1,490,000 (127,431) 1,362,569 1,362,569
11. Contribution to ITC 14,361,500 (486,669) 13,874,831 13,874,831
12. Various 3,248,000 240,472 3,488,472 3,488,472
13. Unforeseen Expenditure 100,000 100,000 100,000
131,305,610 131,305,610 131,634,568 1,102,950 (1,431,908)
(Signed) (Signed)
Michael Kenneth Moore Jacques E. Chabert
Director General Director
Administration and General Services DivisionWT/BFA/W/72
Page 21STATEMENT 1b
WORLD TRADE ORGANIZATION
Appellate Body and its Secretariat
Statement of Budgetary Expenditure 2001
(in Swiss francs)
Original
Appropriation
(WT/GC/M/61))Proposed
TransfersFinal
AppropriationsExpenditure Balance
PART A. PROFESSIONAL
Section 1. Work/Years 1,879,900 13,526 1,893,426 1,954,043 (60,617)
2. Temporary Assistance 108,500 108,500 123,330 (14,830)
PART B. ADMINISTRATIVE COSTS
3. Communications 6,500 1,196 7,696 7,696
4. Building Facilities 21,000 (6,807) 14,193 14,193
5. Permanent Equipment 89,100 (29,836) 59,264 59,264
6. Expendable Equipment 17,700 (2,773) 14,927 14,927
7. Contractual Services 18,000 (2,297) 15,703 15,703
PART C. OTHER COSTS
8. Staff Overhead Costs 8,400 8,400 52,185 (43,785)
9. Missions 9,300 (4,789) 4,511 4,511
10. Trade Policy Training Courses
11. Contribution to ITC
12. Various 619,600 31,780 651,380 651,380
13. Unforeseen Expenditure
2,778,000 0 2,778,000 2,897,232 (119,232)
(Signed) Signed)
Michael Kenneth Moore Jacques E. Chabert
DirectorGeneral Director
Administration and General Services DivisionWT/BFA/W/72
Page 22STATEMENT 2
2001 Expenditure Contributions assessed on Members 132,900,000
          WTO Secretariat (Statement 1a) 132,737,518          Appellate Body and Its Secretariat (Statement 1b) 2,897,232
135,634,750 Contributions assessed on new Members subsequent 
China 216,467
Lithuania 67,790Moldova 10,355
294,612
Miscellaneous:
(273,015)
         Loss on exchange (324,583)         Discount taken on suppliers' invoices 3,091         Savings on previous year's outstanding obligations              WTO Secretariat 224,758              Appellate Body and Its Secretariat 12,098
236,856
         Rental of meeting rooms, office space and parking            at Centre William Rappard to others 152,965         Contributions of Observers 661,187         Interest on current accounts 81,609
Various 366,710
904,820
Excess of expenditure over income
1,428,184
107,134 1,535,318
135,634,750 135,634,750
             (Signed) (Signed)
Jacques E. Chabert
Director
Administration and General Services DivisionMichael Kenneth Moore
Director-GeneralEXPENDITUREWORLD TRADE ORGANIZATION
Income and Expenditure Account for the year ended 31 D ecember 2001
(in Swiss francs)
INCOME
          Appellate Body and Its Secretariat  to the adoption of the 2001 scale of contributions
          Sale of publications and souvenirs incl. royalties
          WTO SecretariatWT/BFA/W/72
Page 23STATEMENT 3
4,158,286 3,400,497
Write-off of irrecoverable invoices and airtickets 2,431 5,095,538Utilization of the surplus as at 31 December 2000:
         Replenishment of the Appellate Body Operating Fund 1,800,000         Establishment of the Doha Development Agenda
Global Trust Fund Buffer Account 1,000,000
        Partial funding of the new annexe 600,497
3,400,497
Excess of expenditure over income:
Contributions assessed on new Members subsequent   to the adoption of the 2001 scale of contributions
China (216,467)Lithuania (67,790)Moldova (10,355)
(294,612)
2001 budgetary deficit
          WTO Secretariat 1,431,908          Appellate Body and Its Secretariat                                 119,232
1,551,140
   Reduced by: Utilisation of the partial funding for the new annex (600,497)
950,643
Shortfall of actual miscellaneous income ove r
   estimated miscellaneous income
278,790 1,535,318
8,496,035 8,496,035
                        (Signed) (Signed)
Michael Kenneth Moore
Director-General     Accumulated deficit as at 31 December 2001
Jacques E. Chabert
Director
Administration and General Services DivisionWORLD TRADE ORGANIZATION
Surplus Account for the year ended 31 D ecember 2001
(in Swiss francs)
Increase of provision for contributions in arrearsDEBITS CREDITS
     Balance as at 1 January 2001WT/BFA/W/72
Page 24STATEMENT 4
Accounts payable Miscellaneous 286,889
10,000 Suppliers 2,463,668
Staff / SSA 947,147 3,697,704
Cash at bank and in postal cheques account 4,068,577
Investments in Swiss francs (Schedule C) 7,905,320 2000 476,855
2001 903,116 1,379,971
Investments in Euro (Schedule D) 736,500
Contributions paid in advance by Members
2002 2,753,4322003 226,484
2,979,916
   Contributions from Members (Schedule B) 26,751,726 Payments made in advance by Observers 873
1995 15,660
1996 16,995 WTO Secretariat 1,558,1491997 42,833 APPELLATE Body and Its Secretariat 34,013
1,592,162
1998 85,8001999 90,825 Provision for contributions in arrears 26,751,7262000 107,9032001 187,474
547,490 1,000,000
Miscellaneous accounts r eceivable 3, 442,863 Appellate Body Operating Fund (WT/BFA/W72 para. 64) 1,711,018
Prepaid expenditure 756,108Deficit as at 31 December 2001 5,095,538 Extra-budgetary funds (docuement WT/BFA/W/74) 10,200,752
(covered by the Working Capital Fund)
49,314,122 49,314,122
Notes: 1) The value of the Centre William Rappard donated by the Swiss authorities in application of the Headquarters Agreement has been estimated at CHF 56,000,000
2) Furniture equipment and vehicles are charged to the budget at time of purchase; The value at cost of items still held at 31 December 2001 was CHF 17,062,077
3) Stocks of publications, for sale and free distribu tion, and other expendable stores were also held.
   (Signed)         (Signed)Interest earned in 2000 and 2001 to be distributed to Members
Reserve for 2001 obligations outstanding as at 31 December 2001
Provision for Doha Development Agenda Global Trust Fund
Administration and General Services DivisionStatement of Assets and Liabilities as at 31 December 2001
WORLD TRADE ORGANIZATION
GENERAL FUND
(in Swiss francs)
LIABILITIES
Michael Kenneth Moore
Director-GeneralJacques E. Chabert
Director   Contributions from ObserversAccounts r eceivable:Cash in handASSETSWT/BFA/W/72
Page 25STATEMENT  5
WORLD TRADE ORGANIZATION
Statement of Assets and Liabilities as at 31 December 2001
WORKING CAPITAL FUND
(In Swiss francs)
Investments (Schedule E) Principal of Fund:
Advance to cover 2001 accumulated defic i5,095,538   Sums held to the credit of WTO:
unincumbered balance 2,804,462 7,900,000        Balance as at 1 January 2001 5,009,666
       Interest on investments during 2001 209,198
Receivable from Members 459,158        Interest on current account 1,820 5,220,684
       
Receivable "Withholding tax" 65,776   Advances made by Members as at 1 January 2001 3,073,319
     New Members:
Working Capital Fund held in Current Account 181,953        China 231,824
       Lithuania 40,530       Moldova 40,530
312,884
3,386,203
                    (Signed)                       (Signed)ASSETS LIABILITIES
Administration and General Services Division8,606,887
Michael Kenneth Moore
Director-GeneralJacques E. Chabert
Director8,606,887WT/BFA/W/72
Page 26
SCHEDULE A
2001 Early Payment Encouragement Scheme:
Interest to distributed
Members CHF
Albania165
Angola323
Argentina244
Australia18,200
Austria20,830
Bahrein987
Barbados190
Belgium34,283
Belize218
Benin91
Bolivia216
Botswana362
Brazil10,981
Brunei Darussalam552
Bulgaria591
Cameroon426
Canada49,028
Chile368
Colombia385
Costa Rica1,303
Croatia1,824
Cuba620
Cyprus575
Czech Republic7,817
Denmark13,013
Ecuador382
Egypt3,873
El Salvador390WT/BFA/W/72
Page 27
Members CHF
Estonia888
Fiji256
Finland8,730
France49,907
Georgia130
Germany81,533
Greece1,685
Grenada175
Guatemala795
Haïti142
Honduras139
Hong Kong, China52,655
Hungary5,487
Iceland643
India2,975
Ireland13,993
Israel6,900
Italy47,290
Jamaica659
Japan72,459
Jordan823
Kenya507
Korea32,981
Kuwait1,634
Latvia621
Lesotho173
Liechtenstein409
Lithuania224
Luxembourg2,598
Macao, China843
Madagascar202WT/BFA/W/72
Page 28
Members CHF
Malaysia17,601
Maldives163
Malta644
Mauritius604
Mexico5,066
Moldova37
Mongolia147
Morocco1,504
Mozambique9
Myanmar383
Namibia250
Netherlands44,608
New Zealand3,677
Nicaragua265
Nigeria279
Norway12,014
Oman1,089
Pakistan285
Panama1,674
Papua New Guinea503
Paraguay265
Peru29
Poland10,194
Portugal5,762
Qatar569
Romania1,730
Senegal352
Singapore20,030
Slovak Republic3,112
Slovenia1,482
South Africa8,288WT/BFA/W/72
Page 29
Members CHF
Spain23,153
Sri Lanka832
St Kitts and Nevis205
St Lucia36
Swaziland237
Sweden21,671
Switzerland22,906
Thailand14,204
Trinidad & Tobago487
Tunisia1,306
United Arab Emirates6,291
Uganda224
United Kingdom80,330
United States31,786
Uruguay5
Venezuela135
Grand Total 903,116WT/BFA/W/72
Page 30SCHEDULE B / TABLEAU B / CUADRO B
STATEMENT OF OUTSTANDING CONTRIBUTIONS AS AT 31 DECEMBER 2001/ ETAT DES ARRIERES DE CONTRIBUTIONS  AU 31 DECEMBRE 2001/
ESTADO DE CONTRIBUCIONES PENDIENTES AL 31 DE DICIEMBRE DE 2001ADMINISTRATIVE MEASURES
MESURES ADMINISTRATIVES
MEDIDAS ADMINISTRATIVAS
(see/voir/véase p. 6)2001
CURRENT YEAR SITUATION
SITUATION DE L’ANNEE COURANTE
SITUACIÓN DEL AÑO EN CURSO
Swiss Francs/Francs suisses/Francos suizos CATEGORY/CATEGORIE/CATEGORIA Swiss Francs/Francs suisses/Francos suizos CHF
1969- 1989- IV Assessment Interest Payments Outstanding Advance
1988 1997 1998 1999 2000 2001 TOTAL I II III Inactive/ Contribution Intérêts Paiements Arriérés Avance
Members / Membres / Miembros Inactiva Contribución Intereses Pagos Pendiente Adelantado
Albania/Albanie/Albania 0 0 0 0 0 0 0 19,935 (19,935) 0
Angola 0 0 0 0 0 0 0 81,069 0 (81,069) 0 -
Antigua and Barbuda/Antigua-et-Barbuda/
  Antigua y Barbuda144,348 243,519 34,320 36,330 18,990 19,935 497,442 1 19,935 0 0 19,935 -
Argentina/Argentine 0 0 0 0 0 672,454 672,454 709,686 (4) (37,228) 672,454 -
Australia/Australie 0 0 0 0 0 0 0 1,717,068 (4,941) (1,712,127) 0 -
Austria/Autriche 0 0 0 0 0 0 0 2,022,738 (5,644) (2,017,094) 0 -
Bahrain/Bahreïn/Bahrein 0 0 0 0 0 0 0 99,675 (251) (99,424) 0 -
Bangladesh 0 0 0 0 0 136,887 136,887 136,887 - - 136,887 -
Barbados/Barbade 0 0 0 0 0 0 0 26,580 (22) (26,558) 0 -
Belgium/Belgique/Bélgica 0 0 0 0 0 0 0 3,686,646 (9,844) (3,676,802) 0 -
Belize/Belice 0 0 0 0 0 0 0 19,935 (115) (19,820) 0 -
Benin/Bénin 0 0 0 0 0 478 478 19,935 (15) (19,442) 478 -
Bolivia/Bolivie 0 0 0 0 0 0 0 35,883 (5) (35,878) 0 -
Botswana 0 0 0 0 0 0 0 51,831 - (51,831) 0 -
Brazil/Brésil/Brasil 0 0 0 0 0 0 0 1,391,463 - (1,391,463) 0 -
Brunei Darussalam/Brunéi Darussalam 0 0 0 0 0 0 0 61,134 (99) (61,035) 0 -
Bulgaria/Bulgarie 0 0 0 0 0 0 0 131,571 (95) (131,476) 0 -
Burkina Faso 314,514 0 0 27,175 18,990 19,935 380,614 1 19,935 - - 19,935 -
Burundi 666,623 243,519 34,320 36,330 18,990 19,935 1,019,717 1 19,935 - - 19,935 -
Cameroon/Cameroun/Camerún 0 0 0 0 0 0 0 38,541 (75) (38,466) 0 68,537
Canada/Canadá 0 0 0 0 0 0 0 5,172,468 (15,158) (5,157,310) 0 -
Central African Republic/République centrafricaine/
    República Centroafricana550,128 243,519 34,320 36,330 18,990 19,935 903,222 1 19,935 - - 19,935 -
Chad/Tchad 813,684 216,327 34,320 36,330 18,990 19,935 1,139,586 1 19,935 - - 19,935 -
Chile/Chili 0 0 0 0 0 177,257 177,257 445,215 (1,081) (266,877) 177,257 -
China, People's Republic of 216,467 216,467 216,467 216,467 -
Colombia/Colombie 0 0 0 0 0 0 0 337,566 (836) (336,730) 0 1,253
Congo 570,280 224,486 34,320 36,330 32,916 34,554 932,886 1 34,554 - - 34,554 -
Costa Rica 0 0 0 0 0 0 0 126,255 (93) (126,162) 0 87,594
Côte d'Ivoire 0 0 0 0 49,025 98,167 147,192 98,346 (179) - 98,167 -
Croatia/Croatie/Croacia 0 0 0 0 205,995 (205,995) 0 -
Cuba 0 0 0 0 0 0 0 71,766 (191) (71,575) 0 90,506
Cyprus/Chypre/Chipre 0 0 0 0 0 0 0 91,701 (210) (91,491) 0 -
Czech Republic/République tchèque/República Checa 0 0 0 0 0 0 0 707,028 (1,900) (705,128) 0721,787
Democratic Republic of the Congo/République démocratique du
Congo/República Democrática del Congo496,277 279,202 45,760 48,440 25,320 33,225 928,224 1 33,225 - - 33,225 -
Denmark/Danemark/Dinamarca 0 0 0 0 0 0 0 1,330,329 (3,830) (1,326,499) 0 -
Djibouti 0 127,440 34,320 36,330 18,990 19,935 237,015 1 19,935 - - 19,935 -
Dominica/Dominique 0 0 0 0 0 19,853 19,853 19,935 (82) - 19,853 -
Dominican Republic/République dominicaine/
    República Dominicana673,388 0 0 0 129,587 159,480 962,455 159,480 - - 159,480 -
Ecuador/Equateur 0 0 0 0 0 17,065 17,065 122,268 (36) (105,167) 17,065 -
Egypt/Egypte/Egipto 0 0 0 0 0 0 0 360,159 (940) (359,219) 0 -
El Salvador 0 0 0 0 0 0 0 69,108 (97) (69,011) 0 1,058
Estonia/Estonie/Estonia 0 0 0 0 0 0 0 82,398 - (82,398) 0 -WT/BFA/W/72
Page 31STATEMENT OF OUTSTANDING CONTRIBUTIONS AS AT 31 DECEMBER 2001/ ETAT DES ARRIERES DE CONTRIBUTIONS  AU 31 DECEMBRE 2001/
ESTADO DE CONTRIBUCIONES PENDIENTES AL 31 DE DICIEMBRE DE 2001ADMINISTRATIVE MEASURES
MESURES ADMINISTRATIVES
MEDIDAS ADMINISTRATIVAS
(see/voir/véase p. 6)2001
CURRENT YEAR SITUATION
SITUATION DE L’ANNEE COURANTE
SITUACIÓN DEL AÑO EN CURSO
Swiss Francs/Francs suisses/Francos suizos CATEGORY/CATEGORIE/CATEGORIA Swiss Francs/Francs suisses/Francos suizos CHF
1969- 1989- IV Assessment Interest Payments Outstanding Advance
1988 1997 1998 1999 2000 2001 TOTAL I II III Inactive/ Contribution Intérêts Paiements Arriérés Avance
Members / Membres / Miembros Inactiva Contribución Intereses Pagos Pendiente Adelantado
European Communities/Communautés européennes/
Comunidades Europeas  (a)0 0 0 0 0 0 0 -
Fiji/Fidji 0 0 0 0 0 0 0 23,922 (104) (23,818) 0 -
Finland/Finlande/Finlandia 0 0 0 0 0 0 0 944,919 (2,495) (942,424) 0 -
France/Francia 0 0 0 0 0 0 0 7,663,014 (20,281) (7,642,733) 0 -
Gabon/Gabón 0 0 0 0 0 47,836 47,836 47,844 (8) - 47,836 -
Gambia/Gambie 590,173 171,587 34,320 36,330 18,990 19,935 871,335 1 19,935 - - 19,935 -
Georgia 0 0 2,274 2,274 21,264 - (18,990) 2,274 -
Germany/Allemagne/Alemania 0 0 0 0 0 0 0 12,912,564 (22,030) (12,890,534) 0 -
Ghana 0 0 0 0 0 46,396 46,396 46,515 (119) - 46,396 -
Greece/Grèce/Grecia 0 0 0 0 0 0 0 437,241 (431) (436,810) 0 -
Grenada/Grenade/Granada 0 0 0 0 0 0 0 19,935 - (19,935) 0 -
Guatemala 0 0 0 0 0 0 0 79,740 (176) (79,564) 0 -
Guinea/Guinée 0 127,440 34,320 36,330 18,990 19,935 237,015 1 19,935 - - 19,935 -
Guinea-Bissau/Guinée-Bissau 0 127,440 34,320 36,330 18,990 19,935 237,015 1 19,935 - - 19,935 -
Guyana 0 0 0 0 719 19,867 20,586 19,935 (68) - 19,867 -
Haiti/Haïti/Haití 0 0 0 0 0 0 0 19,935 (55) (19,880) 0 -
Honduras 0 0 0 0 0 25,205 25,205 50,502 (118) (25,179) 25,205 -
Hong Kong, China/Hong Kong, Chine 0 0 0 0 0 0 0 4,791,045 (15,110) (4,775,935) 0 -
Hungary/Hongrie/Hungría 0 0 0 0 0 0 0 526,284 (1,109) (525,175) 0 -
Iceland/Islande/Islandia 0 0 0 0 0 0 0 59,805 (154) (59,651) 0 -
India/Inde 0 0 0 0 0 0 0 1,100,412 - (1,100,412) 0 -
Indonesia/Indonésie 0 0 0 0 627,868 1,234,641 1,862,509 1,234,641 - - 1,234,641 -
Ireland/Irlande/Irlanda 0 0 0 0 0 0 0 1,265,208 (3,006) (1,262,202) 01,613,115
Israel/Israël 0 0 0 0 0 0 0 736,266 (1,842) (734,424) 0 -
Italy/Italie/Italia 0 0 0 0 0 0 0 6,244,971 (14,130) (6,230,841) 0 -
Jamaica/Jamaïque 0 0 0 0 0 0 0 79,740 (83) (79,657) 0 8,121
Japan/Japon/Japón 0 0 0 0 0 0 0 9,519,627 (14,804) (9,504,823) 0 -
Jordan/Jordanie/Jordania 0 0 0 0 0 0 0 94,359 - (94,359) 0 -
Kenya 0 0 0 0 0 0 0 69,108 (124) (68,984) 0 -
Korea, Republic of/Corée, République de/
  Corea, República de0 0 0 0 0 0 0 3,387,621 (4,786) (3,382,835) 0 -
Kuwait/Koweït 0 0 0 0 0 0 0 287,064 (811) (286,253) 0 -
Kyrgyz Republic/République kirghize/República Kirguisa 0 0 0 19,097 18,990 19,935 58,022 1 19,935 - - 19,935 -
Latvia/Lettonie/Letonia 0 0 0 0 0 0 0 67,779 (60) (67,719) 0 -
Lesotho 0 0 0 0 0 0 0 19,935 (42) (19,893) 0 -
Liechtenstein 0 0 0 0 0 0 0 37,212 (119) (37,093) 0 119
Lithuania/Lituania 0 0 67,790 (67,790) 0
Luxembourg/Luxemburgo 0 0 0 0 0 0 0 394,713 (553) (394,160) 0 -
Macao, China/Macao, Chine 0 0 0 0 0 0 0 85,056 (221) (84,835) 0 -
Madagascar 0 0 0 0 0 0 0 19,935 (113) (19,822) 0 -
Malawi 2,755 31,505 34,320 36,325 18,990 19,935 143,830 1 19,935 - - 19,935 -
Malaysia/Malaisie/Malasia 0 0 0 0 0 0 0 1,946,985 (2,343) (1,944,642) 0 -
Maldives/Maldivas 0 0 0 0 0 0 0 19,935 (107) (19,828) 0 -
Mali/Malí 0 1,751 34,320 36,330 18,990 19,935 111,326 1 19,935 - - 19,935 -
Malta/Malte 0 0 0 0 0 0 0 66,450 (143) (66,307) 0 -
Mauritania/Mauritanie 708,847 243,519 34,320 36,330 18,990 19,935 1,061,941 1 19,935 - - 19,935 -
Mauritius/Maurice/Mauricio 0 0 0 0 0 0 0 58,476 (146) (58,330) 0 -
Mexico/Mexique/México 0 0 0 0 0 0 0 2,607,498 (1,323) (2,606,175) 0 -
Moldova/Moldova 0 0 10,355 (10,355) 0
Mongolia/Mongolie 0 0 0 0 0 1,106 1,106 19,935 - (18,829) 1,106 -WT/BFA/W/72
Page 32STATEMENT OF OUTSTANDING CONTRIBUTIONS AS AT 31 DECEMBER 2001/ ETAT DES ARRIERES DE CONTRIBUTIONS  AU 31 DECEMBRE 2001/
ESTADO DE CONTRIBUCIONES PENDIENTES AL 31 DE DICIEMBRE DE 2001ADMINISTRATIVE MEASURES
MESURES ADMINISTRATIVES
MEDIDAS ADMINISTRATIVAS
(see/voir/véase p. 6)2001
CURRENT YEAR SITUATION
SITUATION DE L’ANNEE COURANTE
SITUACIÓN DEL AÑO EN CURSO
Swiss Francs/Francs suisses/Francos suizos CATEGORY/CATEGORIE/CATEGORIA Swiss Francs/Francs suisses/Francos suizos CHF
1969- 1989- IV Assessment Interest Payments Outstanding Advance
1988 1997 1998 1999 2000 2001 TOTAL I II III Inactive/ Contribution Intérêts Paiements Arriérés Avance
Members / Membres / Miembros Inactiva Contribución Intereses Pagos Pendiente Adelantado
Morocco/Maroc/Marruecos 0 0 0 0 0 0 0 216,627 (434) (216,193) 0 -
Mozambique 0 0 0 0 0 18,990 18,990 19,935 - (945) 18,990 -
Myanmar, Union of/Myanmar, Union du/
  Myanmar, Unión de0 0 0 0 0 0 0 43,857 (90) (43,767) 0 -
Namibia/Namibie 0 0 0 0 0 0 0 41,199 (99) (41,100) 0 -
Netherlands, Kingdom of/Pays-Bas, Royaume des/
    Países Bajos, Reino de los0 0 0 0 0 0 0 4,571,760 (10,560) (4,561,200) 0 -
New Zealand/Nouvelle-Zélande/Nueva Zelandia 0 0 0 0 0 0 0 385,410 (1,097) (384,313) 0 -
Nicaragua 0 0 0 0 0 0 0 23,922 (14) (23,908) 0131,009
Niger/Níger 342,864 211,205 34,320 36,330 18,990 19,935 663,644 1 19,935 - - 19,935 -
Nigeria/Nigéria 0 0 0 0 0 234,616 234,616 295,038 - (60,422) 234,616 -
Norway/Norvège/Noruega 0 0 0 0 0 0 0 1,231,983 (3,497) (1,228,486) 0 -
Oman/Oman/Omán 0 0 0 0 139,545 - (139,545) 0 -
Pakistan/Pakistán 0 0 0 0 0 0 0 260,484 - (260,484) 0 -
Panama/Panamá 0 0 0 0 0 0 0 175,428 - (175,428) 0 4,699
Papua New Guinea/Papou asie-Nouvelle-Guinée/
    Papua Nueva Guinea0 0 0 0 0 0 0 51,831 (93) (51,738) 0 -
Paraguay 0 0 0 0 0 37,170 37,170 99,675 (42) (62,463) 37,170 -
Peru/Pérou/Perú 0 0 0 0 0 193,656 193,656 196,692 (50) (2,986) 193,656 -
Philippines/Filipinas 0 0 0 423,995 844,412 881,127 2,149,534 1 881,127 - - 881,127 -
Poland/Pologne/Polonia 0 0 0 0 0 0 0 944,919 (2,084) (942,835) 0 -
Portugal 0 0 0 0 0 0 0 826,638 (1,820) (824,818) 0 -
Qatar 0 0 0 0 0 0 0 83,727 (129) (83,598) 0 -
Romania/Roumanie/Rumania 0 0 0 0 0 0 0 241,878 (519) (241,359) 0 -
Rwanda 0 195,560 34,320 36,330 18,990 19,935 305,135 1 19,935 - - 19,935 -
Saint Kitts and Nevis/Saint-Kitts-et-Nevis/
  Saint Kitts y Nevis0 0 0 0 0 0 0 19,935 (69) (19,866) 0 -
Saint Lucia/Sainte-Lucie/Santa Lucía 0 0 0 0 0 0 0 19,935 (69) (19,866) 0 -
St. Vincent and the Grenadines/Saint- Vincent-et-les
    Grenadines/San Vicente y las Granadinas0 0 0 0 90 19,903 19,993 19,935 (32) - 19,903 -
Senegal/Sénégal 0 0 0 0 0 0 0 31,896 (119) (31,777) 0125,924
Sierra Leone/Sierra Leona 743,007 243,519 34,320 36,330 18,990 19,935 1,096,101 1 19,935 - - 19,935 -
Singapore/Singapour/Singapur 0 0 0 0 0 0 0 3,059,358 (6,177) (3,053,181) 0 -
Slovak Republic/République slovaque/
  República Eslovaca0 0 0 0 0 0 0 283,077 (767) (282,310) 0 -
Slovenia/Slovénie/Eslovenia 0 0 0 0 0 0 0 235,233 (654) (234,579) 0 -
Solomon Islands/Iles Salomon/Islas Salomón 0 0 0 0 18,990 19,854 38,844 1 19,935 (81) - 19,854 -
South Africa/Afrique du Sud/Sudáfrica 0 0 0 0 0 0 0 749,556 (1,975) (747,581) 0126,194
Spain/Espagne/España 0 0 0 0 0 0 0 3,291,933 (6,063) (3,285,870) 0 -
Sri Lanka 0 0 0 0 0 0 0 127,584 (242) (127,342) 0 -
Suriname 0 0 9,416 36,064 18,857 19,935 84,272 1 19,935 - - 19,935 -
Swaziland/Swazilandia 0 0 0 0 0 0 0 23,922 (110) (23,812) 0 -
Sweden/Suède/Suecia 0 0 0 0 0 0 0 2,049,318 (4,905) (2,044,413) 0 -
Switzerland/Suisse/Suiza 0 0 0 0 0 0 0 2,154,309 (5,675) (2,148,634) 0 -
Tanzania/Tanzanie/Tanzanía 437,059 0 0 35,905 34,169 35,882 543,015 1 35,883 (1) - 35,882 -
Thailand/Thaïlande/Tailandia 0 0 0 0 0 0 0 1,503,099 (4,221) (1,498,878) 0 -
Togo 111,427 201,888 34,320 36,330 18,990 19,935 422,890 1 19,935 - - 19,935 -
Trinidad and Tob ago/Trinité-et-Tobago/
  Trinidad y Tabago0 0 0 0 0 0 0 62,463 (23) (62,440) 0 -
Tunisia/Tunisie/Túnez 0 0 0 0 0 0 0 183,402 (492) (182,910) 0 -
Turkey/Turquie/Turquía 0 0 0 0 0 1,112,079 1,112,079 1,113,702 (1,623) - 1,112,079 -WT/BFA/W/72
Page 33STATEMENT OF OUTSTANDING CONTRIBUTIONS AS AT 31 DECEMBER 2001/ ETAT DES ARRIERES DE CONTRIBUTIONS  AU 31 DECEMBRE 2001/
ESTADO DE CONTRIBUCIONES PENDIENTES AL 31 DE DICIEMBRE DE 2001ADMINISTRATIVE MEASURES
MESURES ADMINISTRATIVES
MEDIDAS ADMINISTRATIVAS
(see/voir/véase p. 6)2001
CURRENT YEAR SITUATION
SITUATION DE L’ANNEE COURANTE
SITUACIÓN DEL AÑO EN CURSO
Swiss Francs/Francs suisses/Francos suizos CATEGORY/CATEGORIE/CATEGORIA Swiss Francs/Francs suisses/Francos suizos CHF
1969- 1989- IV Assessment Interest Payments Outstanding Advance
1988 1997 1998 1999 2000 2001 TOTAL I II III Inactive/ Contribution Intérêts Paiements Arriérés Avance
Members / Membres / Miembros Inactiva Contribución Intereses Pagos Pendiente Adelantado
Uganda/Ouganda 0 0 0 0 0 5,023 5,023 25,251 - (20,228) 5,023 -
United Arab Emirates/Emirats arabes unis/
    Emiratos Árabes Unidos0 0 0 0 0 0 0 708,357 (1,481) (706,876) 0 -
United Kingdom of Great Britain and Northern
Ireland/Royaume-Uni de Grande-Bretagne et d'Irlande du
Nord/Reino Unido de Gran Bretaña e Irlanda del Norte0 0 0 0 0 0 0 7,962,039 (19,523) (7,942,516) 0 -
United States of America/Etats-Unis d'Amérique/
  Estados Unidos de América1,364,256 0 0 0 0 3,761,491 5,125,747 20,773,599 (2,665) (17,009,443) 3,761,491 -
Uruguay 0 0 0 0 0 81,328 81,328 90,372 (7) (9,037) 81,328 -
Venezuela 0 0 0 0 0 433,013 433,013 445,215 - (12,202) 433,013 -
Zambia/Zambie 0 68,232 34,320 36,330 27,852 29,238 195,972 1 29,238 - - 29,238 -
Zimbabwe 0 0 0 0 0 45,055 45,055 45,186 (131) - 45,055 -
Sub-Total/Total partiel/Total parcial 8,529,630 3,201,658 638,616 1,208,281 2,132,635 10,210,467 25,921,287 1 4 1 18 133,194,612 (230,390) (122,753,755) 10,210,467 2,979,916
Former Contracting Parties to GATT 1947 which are not WTO Members/Anciennes parties contractantes au GATT de 1947 qui ne sont p as Membres de l'OMC/Antiguas Partes Contratantes del GATT de 1947 que no son Miembros de la OMC
Yugoslavia/Yougoslavie 0 830,439 - - - - 830,439 -
Sub-Total/Total partiel/Total parcial 0 830,439 0 0 0 0 830,439 0 0 0 0 0 0 0 0 0
GRAND TOTAL / TOTAL GENERAL 8,529,630 4,032,097 638,616 1,208,281 2,132,635 10,210,467 26,751,726 1 4 1 18 133,194,612 (230,390) (122,753,755) 10,210,467 2,979,916
2001: Summary /Résumé /Resumen
CHF
Contributions assessed on Members
Contributions mises à la charge des Membres 132,900,000
Contribuciones señaladas a los Miembros
(1) New Members
(1) Nouveaux Membres 294,612 133,194,612
(1) Nuevos Miembros
Less interest returned
Moins intérêts ristournés (230,390)
Menos intereses devengados
Less payments for 2001
Moins paiements pour l'année 2001 (122,753,755) (122,984,145) 92.33%
Menos montos pagados para 2001
2001 Contributions outstanding
Arriérés pour 2001
Contribuciones pendientes para 2001 10,210,467 7.67%
100.00%
(1)
Lithuania/Lituania 67,790
Moldova/Moldova 10,355
China People's Rep. Of/République populaire de Chine 216,467
294,612WT/BFA/W/72
Page 34
SCHEDULE C
Investments held on 31 December 2001
(in Swiss francs)
Deposit account with : Amount Interest Rate % Maturity Date
UBS SA, Geneva 450,000.00 1.77 21 February 2002
UBS SA, Geneva 2,000,000 1.90 15 January 2002
UBS SA, Geneva 1,000,000 1.90 22 January 2002
UBS SA, Geneva 3,500,000 1.71 22 January 2002
UBS SA, Geneva 800,000 1.60 22 January 2002Banque Edouard Constant Geneva 3,410 0.00
Credit Suisse, Geneva 151,910
0.25
TOTAL IN CHF 7,905,320
(Signed)  (Signed)
Michael Kenneth Moore Jacques E. Chabert
Director-General Director
Administration and General Services DivisionWT/BFA/W/72
Page 35
SCHEDULE D
INVESTMENTS HELD ON 31 DECEMBER 2001
(in Euro)
Deposit account with : Amount Interest Rate % Maturity Date
UBS SA, Geneva 500,000 3.00 15 February 2002
TOTAL IN EURO 500,0001/
1/ EUR 500,000 at 1.473 = CHF 736,500
(Signed)  (Signed)
Michael Kenneth Moore Jacques E. Chabert
Director-General Director
Administration and General Services DivisionWT/BFA/W/72
Page 36
SCHEDULE E
INVESTMENTS HELD ON 31 DECEMBER 2001
WORKING CAPITAL FUND
(in Swiss francs)
Deposit account with : Amount Interest Rate % Maturity Date
CREDIT SUISSE 7,900,000 1.78 10 June 2002
TOTAL IN CHF 7,900,000
(Signed)  (Signed)
Michael Kenneth Moore Jacques E. Chabert
Director-General Director
Administration and General Services DivisionWT/BFA/W/72
Page 37
SCHEDULE F
Statement of Outstanding Contributions
As at 31 December 2001
(in Swiss Francs)
OBSERVER
GOVERNMENTS1995 1996 1997 1998 1999 2000 2001 Total Advance
2002
Algeria 000 0 0000
Andorra 000 0 0000
Armenia 000 0 0 0 19,935 19,935
Azerbaijan 0 0 7,884 17,160 18,165 18,990 19,935 82,134
Bahamas 000 0 0000
Belarus 000 0 0000
Bhutan 000 0 0000
Bosnia and Herzegovina 0 0 19,935 19,935
Cambodia 0 0 13,667 17,160 18,165 18,990 19,935 87,917
Cap Verde 000 0 0 12,953 19,935 32,888
Chinese Taipei 000 0 0000
Ethiopia 000 0 0000
Former Yugoslav Republic of
Macedonia000 0 0 0 945 945
Holy See 0 0 0 0
Kazakstan 000 0 0 0 0 0 873
Lao People's Democratic
Republic000 0 0 0 68 68
Lebanon 0 0 0 0
Nepal 000 0 0000
Russian Federation 000 0 0000
Samoa 000 0 0000
Sao Tome And Principe 000 0 0 0 17,860 17,860
Saudi Arabia 000 0 0000
Seychelles 0 0 0 17,160 18,165 18,990 19,935 74,250
Sudan 0 0 4,152 17,160 18,165 18,990 19,935 78,402
Tajikistan 9,121 9,121
Tonga 000 0 0000
Ukraine 000 0 0000
Uzbekistan 000 0 0000
Vanuatu 15,660 16,995 17,130 17,160 18,165 18,990 19,935 124,035
Viet Nam 000 0 0000
Yemen 0000
Yougoslavia, Federal Rep. Of 00
TOTAL 15,660 16,995 42,833 85,800 90,825 107,903 187,474 547,490 873WT/BFA/W/72
Page 38
Annex
STATEMENT OF SIGNIFICANT ACCOUNTING POLICIES
1. Following decisions by the World Trade Organization, the accounts of WTO were maintained
in accordance with the Financial Regulations and Rules of the WTO, as adopted by the General
Council (WT/GC/M/8).
2. The accounts are maintained on a fund basis.  A General Fund and a Working Capital Fund,
supplemented when appropriate by Trust Funds, have been established in accordance with
Chapters V, VI and VII of the Financial Regulations of the WTO.
3. The financial period consists of one calendar year.
4. The accounts are maintained and contributions are assessed in Swiss francs.  Assets or
liabilities in other currencies are converted to Swiss francs at the official United Nations rate of
exchange at the date of the transaction.
5. Gains or losses on exchange are added to or deducted from miscellaneous income.
6. Income, including contributions assessed on WTO Members, and expenditure are accounted
for on an accrual basis.
7. Any achieved surplus for the financial year is at the disposal of the Members of World Trade
Organization.
8. Provisions are made for the entire amount of contributions receivable from Members of
World Trade Organization and for losses and returns in respect of publications sales.  A reserve is
maintained for all outstanding obligations at the end of the financial year.
9. Fixed assets purchased during the financial year are charged to the budget at the time of
purchase.  The value at cost of items still held in inventory is recorded in a note on the Statement of
Assets and Liabilities.
(Signed) (Signed)
_______________________ ______________________Michael Kenneth Moore Jacques E. Chabert
Director -General Director
Administration and General Services Division
__________