text: States dollars using the United Nations operational rate of 8XCheng8 in effect on the date of payment. Exchange adjustments of $499,753 arising from the receipt of contributions fram Governments have been recoraea as a reduction to these contributions, ana are shown on statement I accordingly. All other 8XChang8 adjUstm8ntS have been recorded as niiscellanecus income (expenditure) and are shown in schedule 4. For the purposes of aacounting for assets, liabilities ana transactions, and the maintenance of other financial records, other currencies are translated into United States dollars at th8 United Nations operational rate of exchange in effect on the date of the report or transaction. In the light of this, the investments totalling $1,139.1 million reported in the balance Sheet and schedule 10 include the United St&es dollar equivalent of investments in other currencies using the United Nation& operational rate of exchange in effect since 1 December 1969. At the unit8d Nations operational rate of exchange in effect from 1 January 1990, which more closely reflects the market rate of exchange as at 31 December 1989, the value of these investments would amount to approximately $19.2 million more than that shown in the accounts. The full cost of non-expendable equipment is charged to the UNDP biennial budget or to the appropriate project in the year in which it is purchased. An inventory is maintained of all non-expendable equipment (defined as items of equipment valued at $500 or more per unit and with a serviceable life of at least five years, and items of equipment included in any special lists for which formal inventory records are maintained). -164- (e) wtments of the Reserve for Field Accommodation The total amount of loan commitments reflected in schedule 11 relates to loan and investment agreements signed with the respective Governments for construction 
analysis: The text appears to be related to the financial management of the United Nations Development Programme (UNDP), discussing the accounting and reporting of contributions, investments, and loan commitments. The focus is on the economic and financial aspects of the organization's activities, without mentioning specific sectors or industries. This suggests that the category should be related to finance or economic development.