RESTRICTEDWORLD TRADE
ORGANIZATIONWT/BFA/W/57
21 August 2001
(01-3480)
Committee on Budget, Finance and Administration
DIRECTOR GENERAL’S BUDGETARY AND FINANCIAL REPORT
FOR 2000
AND REPORT OF THE EXTERNAL AUDITOR THEREONWT/BFA/W/57
Page 2
TABLE ON CONTENTS
PAGE
Forward by the Director-General ................................................................................................ ........3
I. INTRO DUCTION ................................................................................................................. ...4
II. OVERALL EXPENDITURE IN THE WTO IN 2000............................................................4
TECHNICAL ASSISTANCE ACTIVITIES .........................................................................................4
III. 2000 REGULAR BUDGET......................................................................................................5
EXPENDITURE :  WTO .............................................................................................................. .........5
PERSONNEL -RELATED COSTS .......................................................................................................5
ADMINISTRATIVE AND OTHER COSTS ..........................................................................................6
EXPENDITURE:  AP PELLATE BO DY.............................................................................................9
PERSONNEL -RELATED COSTS .......................................................................................................9
ADMINISTRATIVE AND OTHER COSTS ..........................................................................................9
IV. INCOME...................................................................................................................... ............11
V. SURPLUS ACCOUNT ...........................................................................................................12
VI. ASSETS AND LI ABILITIES ................................................................................................12
VII. WORKING CAP ITAL FUND...............................................................................................13
VIII. EARLY PAYMENT E NCOURAGEMENT SCHEME ......................................................13
IX. EXTRA-BUDGET ARY F UNDS ...........................................................................................14
X. DIVISIONAL REPORTING ON OBJECTIVES  AND EXPENDI TURE ........................18
XI. REPORT  OF THE EXTERNAL AUDITOR ON THE ACCOUNTS OF THE
WORLD TRADE ORGANIZATION FORTHE YEAR ENDED 31 DECEMBER
2000 ........................................................................................................................... ...............19
OPINION OF THE EXTERNAL AUDITOR ON THE ACCOUNTS OFTHE WORLD
TRADE ORGANIZATION FOR THE FINANCIAL YEAR ENDED
31 DECEMB ER 2000 ............................................................................................................... ...........22
Statement 1a: WTO Secretariat 23
Statement 1b: Appellate Body and its Secretariat 24Statement 2: Income and Expenditure Account for the year ended 31 December 2000 25
Statement 3: Surplus Account for the year ended 31 December 2000 26
Statement 4: Statement of Assets and Liabil ities as at 31 December 2000 - General Fund 27
Statement 5: Statement of Assets and Liabilities as at 31 December 2000 -
Working Capital Fund 28
Schedule A: 2000 Early Payment Encouragement Scheme .........................................................29
Schedule B: Statement of Outstanding Co ntributions as at 31 December 2000........................32
Schedule C: Investments held on 31 December 2000 ...................................................................36
Schedule D: Statement of Outstanding Co ntributions as at 31 December 2000........................37
ANNEX Statement of Signific ant Accounting Policies ..........................................................38WT/BFA/W/57
Page 3
2000 DIRECTOR-GENERAL'S FINANCIAL REPORT
Forward by the Director-General
For the WTO, the year 2000 was one of challenge and significant opportunity. The mandated
negotiations on agriculture and services began on time and were in full-swing by year-end.  Work in the
General Council was focused in large part on Uruguay Round implementation-related issues and on
ensuring the fuller participation of all Members in the work of the WTO through improved consultative
procedures.
Integrating LDCs and other low-income WTO Memb ers in the work of the multilateral trading
system continued to be a priority of work in many bodies on the Organization.
Continued confidence in the WTO system was again demonstrated by the growing number of
Members, which rose to 140 by year-end 2000, with  Jordan, Georgia, Albania, Oman and Croatia
acceding in the course of the year.  In addition, the working party on Lithuania's accession concluded its
work in 2000.
The importance Members attach to the WTO Dispute Settlement Understanding's central place
in adjudicating trade conflicts was evident by the fact  that the 200th formal complaint under DSU
procedures was registered in the course of the year.
World economic growth started to slacken toward s the end of 2000 with slower growth in the
United States and similar prospects for western Europe. The situation of many countries in Africa
continued to be of serious concern to economic policymakers, and at the forefront of the activities of
international organizations, including the WTO.
This broad overview points to some key challenges for the year ahead.  We need to come to a
consensus on how we finally address the issues and concerns raised in respect of Uruguay Round
implementation.  WTO and its Members must work to maintain the momentum of liberalization through
the mandated negotiations and guard against increased barriers to trade – always a concern in times of
economic slowdown.  We need to continue with our efforts to ensure the full participation of allMembers in the work of the WTO.  Finally, in the run-up to the WTO's Fourth Ministerial Conference
in Doha, Qatar, it is more apparent than ever that we must communicate more effectively the nature and
activities of the WTO and the benefits of the multilateral trading system.
The Secretariat has worked this year to improve the climate and the confidence in which these
challenges are to be met, and will continue to do so in the future.
Mike Moore
Director-GeneralWT/BFA/W/57
Page 4
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 2000.  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 2000
4. In the course of 2000, expenditure was incurred in respect of the annual budget of the WTO as
well as extra budgetary funds, made up of trust funds and other funds.  The total overall expenditure of
the Organization in 2000 amounted to CHF 132,783,736.  Expenditure under the annual budget of the
Organization accounted for 94.64 per cent of the total, corresponding to CHF 125,661,024.
Expenditure against various trust funds represented 5.36 per cent or CHF 7,122,712(excludingoverhead).
T
ECHNICAL ASSISTANCE ACTIVITIES
5. As Technical assistance activities (TAA) in the WTO continue to expand, in large measure
through extra-budgetary funds, it was considered useful to identify the aggregate funds devoted to such
activities.  Within the context of the regular budget, there are three readily identifiable sections directlyrelated to TAA (Technical Cooperation Missions, the WTO contribution to the international Trade
Centre (UNCTAD/WTO) and the Trade Policy courses) and one area covering the cost corresponding
to the time which Directors estimate is devoted to TAA in their Divisions.
6. Expenditure in 2000 can be summarized as follows:
CHF
Technical Cooperation Missions 732,589
Contribution to the ITC 14,167,300
Trade Policy Courses 1,252,851
Estimated cost of staff time devoted to TAA19,199,599
Sub total 25,352,339
Expenditure under all extra budgetary funds27,122,712
Total 32,475,051
                                                     
1 WT/BFA/SPEC/37, paragraph 23.
2 Trust funds and other funds with the exception of the Appellate Body Operating Fund and Minsiterial
Operating Fund.WT/BFA/W/57
Page 5
III. 2000 REGULAR BUDGET
7. Members of the WTO appropriated CHF 127,697,010 for the financial year 2000
(WT/GC/M/52) comprised of CHF 125,386,460 for the WTO Secretariat and CHF 2,310,550 for the
regular expenditure of the Appellate Body and its Secretariat.  In this respect, WTO expenditure is
detailed in paragraphs 8 to 25 and the respective expenditure for the Appellate Body and its Secretariat
is detailed in paragraphs 26 to 37.
EXPENDITURE:  WTO3
8. Obligations incurred in 2000 under the WTO budget amounted to CHF 123,703,056 leading to
a saving of CHF 1,683,404, which was the net result of under-spending of CHF 5,190,701 and
overspending of CHF 3,507,297 under various sections of the budget (Statements 1a, 2 and 3).  With
regard to the overspending recorded in 2000, it s hould be noted that some 78 per cent (CHF 2,742,388)
are directly related to core WTO activities (costs for interpretation for meetings, translation and text-
processing of documents).  The overall saving  of CHF 1,683,404 was comprised of CHF 1,037,618 on
‘Personnel-related costs’ as detailed in paragraphs 9 to 11, as well as CHF 645,786 on ‘Administrative
and Other costs’ as referred to in paragraphs 12 to 24.
PERSONNEL -RELATED COSTS
9. The saving of CHF 1,037,618 on Personnel-related costs was the net result of various under and
over-expenditures under a number of sub-items.  Savings occurred on Section 1 (Staff Work Years) andwere partially offset by over-expenditures under Section 2 (Temporary Assistance), as follows:
CHF
Section 1 - Staff Work Years 4,210,947
Section 2 - Temporary Assistance (3,173,329)
Total 1,037,618
10. Under Section 1 (Staff Work Years), the saving can be subdivided into under-expenditures of
CHF 2,667,504 in respect of salaries, CHF 1,312,851 in respect of pensions and CHF 230,592 in respect
of common staff costs (other than pensions).  Savings occurred on salaries and pensions primarily as a
result of vacant posts4.  In addition, 6 new posts were established on 1 January 2000. In the interim,
staffing needs were partially met through temporary assistance.
11. 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 3,173,329 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 demands.  The activities relate to the
volume of documentation produced (translation and text-processing) as well as the number of meetingsheld (interpretation) where the over-expendi tures amounted to CHF 2,203,249, CHF 126,976 and
CHF 410,163 respectively.  Over-expenditure has also been recorded under the following: replacement
of staff on maternity or long sick leave - CHF 234,367; messengers -CHF 78,205; clerical and
secretarial assistance - CHF 203,092; conference staff - CHF 72,969; proofreaders - CHF 15,087;
internships - CHF 85,498 and temporary assistance common staff costs - CHF 150,490. This over-
expenditure was offset by an aggregate saving of CHF 406,767 with respect to consultants, overtime,
and temporary assistance staff for reproduction.
                                                     
3 Not including the Appellate Body and its Secretariat
4 Upon establishment of the WTO conditions of servi ce, 28 staff decided to take early retirement late in
1999.WT/BFA/W/57
Page 6
ADMINISTRATIVE AND OTHER COSTS
12. The under-expenditure of CHF 645,786 on ‘Administrative and other costs’, was the net result
of various under and over-expenditures on a number of sub-items.  Over-expenditures occurred on the
following sections:
CHF
Section 3 - Communications (142,865)
Section 6 - Expendable Equipment (14,076)
Section 8 - Staff Overhead Costs (76,513)
and were offset by under-expenditure on the following sections:
Section 4 - Building Facilities 16,020
Section 5 - Permanent Equipment 34,192
Section 7 - Contractual Services 303,301Section 9 - Missions 29,354
Section 10 - Trade Policy Training Courses 187,149
Section 11 - Contribution International Trade Centre 32,600
Section 12 - Various (including Dispute Settlement Panels) 176,624
Section 13 - Unforeseen Expenditure 100,000
Total 645,786
13. Under Section 3 (Communications), the total over-expenditure of CHF 142,865 was comprised
of excess expenditure of CHF 109,070 for telecommunications (telephones and faxes) and CHF 33,795
with respect to postal services. Concerning teleco mmunications, two elements contributed to the over-
expenditures i) an underestimation of the anticipated volume of calls and ii) the rental of a fibre-optic
cable required to link the two premises of the WT O. Under postal services, the over-expenditure was
primarily linked to the distribution of an increase in volume of documents (refer to Section 6).
14. Section 6 (Expendable Equipment), refers to purchases in respect of office, building and
reproduction supplies. The over-expenditure of CHF 14,076 is primarily under reproduction, where
increases in unit cost and volume of paper exceeded what was projected (105 million copies foreseen
and 113 million were actually printed).
15. Under Section 8 (Staff Overhead Costs), th e over-expenditure amounted to CHF 76,513 and is
comprised of:  i) Training – CHF 56,271, which includes CHF 5 0,000 for the first instalment towards
the staff training cost on the ‘Performance Award System’; ii) Jointly Financed Bodies – CHF 20,038,
primarily due to the appreciation of the United St ates Dollar vis-à-vis the Swiss Franc where all the
jointly financed bodies have dollar based budgets costing more in Swiss francs; and iii) Miscellaneous –
CHF 32,359, primarily due to the under-estimation of vacancy advertisement costs in newspapers and
journals.  On the other hand under-expenditure was realised under Insurance – CHF 32,155, primarily
on 24-hour death and disability insurance premium.WT/BFA/W/57
Page 7
16. Under Section 4 (Building Facilities), the over all under-expenditure of CHF 16,020 is the net
result of a saving for Utilities –CHF 40,867, offset by over-expenditure under Rental of Premises –
CHF 10,902 and Maintenance and Insurance - CHF 13,945. Concerning ‘Utilities’, savings were made
with respect to the re-negotiation of the cleaning contract and the cost of electricity for the WTO
premises at Avenue Blanc, which was offset by over-expenditure with respect to heating5.  For ‘Rental
of Premises’ and  ‘Maintenance and Insurance’, both incurred over-expenditure concerning the
premises at Avenue Blanc, where the rental of parking spaces and renovation expenditure was deemed
necessary to meet the Secretariat’s requirements.
17.  Under Section 5 (Permanent Equipment), under-expenditure of CHF 34,192 was to a large
extent the net result of re-deployment of resour ces particularly for informatics, from Section 7
(Contractual Services) to this section.
18. Under Section 7 (Contractual Services), all the categories reflected under-expenditure with
respect to their appropriations; Reproduction – CHF 99,471: Office Automation – CHF 187,941 and
Other – CHF 15,889.  With respect to reproduction, documents in electronic format have replaced the
reproduction of documents on microfiche. The under-expenditure for ‘Office Automation’ results from
the cancelling of a maintenance contract. Finally unde r the sub-heading ‘Other’, the relatively new fleet
of official vehicles reduced maintenance costs.
19. The overall under-expenditure for Section 9 (Missions) amounted to CHF 29,354 and is
comprised of Official Missions - CHF 20,943 and Technical Missions – CHF 8,411.
20. Savings of CHF 187,149 were registered under S ection 10 (Trade Policy Training Courses).
These resulted from host Governments paying the travel costs associated with the study tours to their
respective countries.  In addition, anticipated increases in the stipend payable trainees and the cost ofhotel accommodation in Geneva did not materialise in 2000.
21. Under Section 11 (Contribution to the Internat ional Trade Centre (ITC)) contributions were
made by the WTO in accordance to the ITC’s level of expenditure in 2000. WTO participation in the
running costs amounted to CHF 14,167,300, leaving a balance of CHF 32,600.
22. Under Section 12 (Various), the overall under-expenditure of CHF 176,624 for this section is
comprised of: Representation and Hospitality – CHF 11,843; Dispute Settlement Panels – CHF 37,338;
Permanent Group of experts – CHF 30,000; Library – CHF 511; Publications – CHF 54,073; Public
Information Activities – CHF 85,836 and International Organization on Standardisation (ISO) –
CHF 535, and is offset by over-expenditure under External Auditors – CHF 28,0006 and Other –
CHF 15,512.
23. Under this section of the budget, provision is also made for the funding of the Ministerial
Conference in the amount of CHF 400,000. The aim of  this provision was to establish a fund whereby
the costs associated with respect to Ministerial Conferences could be spread more evenly, avoiding
budgetary fluctuations.  Expenditure for 2000 concer ned three fact-finding preparatory mission costs
                                                     
5 The increase in the price of a barrel of oil as well  as the appreciation of the United States dollar vis-à-
vis the Swiss Franc increased fuel costs by 50%.
6   As of 2000, the Dutch Court of Auditors charge their service on a cost recovery basis (document
WT/BFA/47, para 20).WT/BFA/W/57
Page 8
leaving a balance of CHF 384,950, which has been charged in 2000, and transferred to the Ministerial
Conference Operating Fund7.
24. With respect to Section 13 (Unforeseen Expenditure), it was not necessary to call upon this
provision.
25. In accordance with WTO Financial Regulation 24 and WTO Financial Rule 4.4, transfers
between WTO budgetary sections of CHF 3,406,783 are necessary in order to cover excess expenditure
over approved appropriations by savings as detailed in paragraphs 9 through 24.  Authority is sought to
increase these appropriations accordingly, as follows:
Transfers from Transfers to
CHF CHF
Section 1 - Staff Work Years (3,173,329)
Section 7 - Contractual Services (179,247)
Section 10 - Trade Policy Training Courses (54,207)
Section 2 - Temporary Assistance 3,173,329
Section 3 - Communications 142,865
Section 6 Expendable Equipment 14,076Section 8 - Staff Overhead Costs 76,513
__________ _________
(3,406,783) 3,406,783
                                                     
7 WT/BFA/44, paragraph 5.WT/BFA/W/57
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EXPENDITURE:  APPELLATE BODY
26. Pursuant to the recommendation of the Committee on Budget, Finance and Administration
(WT/BFA/44), the General Council approved (WTGC/M/ 52) 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 with in the limits set up by the WTO Members.  In this
respect, WTO Members appropriated CHF 2,310,550 for the permanent costs of the Appellate Body for
the financial year 2000.
27. 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 2000, an additional amount of CHF 1,627,110 was provided from the 1999 surplus
(W/BFA/51).
28. Against the approved 2000 budget for the permanent costs of the Appellate Body, obligations
incurred amounted to CHF 1,957,968, leading to a saving of CHF 352,582 (Statements 1b, 2 and 3).
This overall saving was comprised of savings of CHF 337,746 under personnel-related costs, and
(ii) CHF 14,836 under administrative and other costs.
29. The aggregate cost for the Appellate Body comprising permanent costs (under the 2000 budget)
and the variable costs (under the ABOF-see paragraph 60) amounted to CHF 3,601,586.
PERSONNEL -RELATED COSTS
30. The budgetary savings of CHF 337,746 on personnel-related costs was the net result of under-
expenditure of CHF 340,241 in Section 1 and over-expenditure of CHF 2,495 in Section 2.  Under
Section 1 (Staff Work Years), the saving resulted from posts which were vacant in the early part
of 2000.  With regard to Section 2 (Temporary Assistance), over-expenditure was primarily due to
additional internships.
ADMINISTRATIVE AND OTHER COSTS
31. The over-expenditure of CHF 14,836 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 4 - Building Facilities (370)
Section 8 - Staff Overhead Costs (19,047)
Section 9 - Missions (8,525)
and were offset by under-expenditure for the following sections:Section 3 - Communications 1,598
Section 5 - Permanent Equipment 4,738
Section 6 - Expendable Equipment 11,252
Section 7 - Contractual Services 6,527Section 12 - Various 18,663
Total 14,836WT/BFA/W/57
Page 10
32. Concerning Section 4 (Building Facilities), no allocation was foreseen for 2000.  However,
expenditure in the sum of CHF 370 was incurred in connection with renovation work.
33. Under Section 8 (Staff Overhead Costs), the 2000 budgetary allocations included a provision for
CHF 2,000 under the sub-heading ‘Miscellaneous’. E xpenditure under this section was realised at
CHF 19,047 and is primarily constituted of the insurance premium cover for the 24-hour death and
disability insurance for the Secretariat of the Appellate Body.
34. With regard to Section 9 (Missions), expenditure for missions exceeded the budgetary
allocation by CHF 8,525 primarily due to the necessity to participate, late in the year, in a MERCOSUR
Conference on Dispute Settlements.
35. For Section 3 (Communications), Section 5  (Permanent Equipment), Section 6 (Expendable
Equipment) and Section 7 (Contractual Servic es), savings amounting to CHF 1,598, CHF 4,738,
CHF 11,252 and CHF 6,527 were realised respectively.
36. Under Section 12 (Various), the saving of CHF 18,663 is the net result of over-expenditure for
some sections and savings for others. The decentralised budgetary rules on Representation and
Hospitality expenditure do not allow for over-expenditure to be incurred.  With respect to the retainer
and administrative fees for the Appellate Body Members, a saving of CHF 28,481 was realised
corresponding to the time lapse between the WTO General Council’s appointment of new members and
the actual dates of the retirement of two members and the passing of another member. This saving wasoffset by over-expenditure under the Library - CHF 9,563, and Miscellaneous where expenditure
amounted to CHF 255.
37. In accordance with WTO Financial Regulation 24 and Financial Rule 4.4, transfers between
budgetary sections of CHF 30,437 necessary in order to cover excess expenditure over approved
appropriations by savings as detailed in paragraphs 30 through 36.  Authority is sought to increase these
appropriations accordingly, as follows:
Transfers from Transfers to
CHF CHF
Section 5 - Permanent Equipment (4,738)
Section 6 - Expendable Equipment (11,252)Section 7 - Contractual Services (6,527)
Section 12 - Various (7,920)
Section 2 - Temporary Assistance 2,495
Section 4 - Building Facilities 370
Section 8 - Staff Overhead Costs 19,047Section 10 - Missions                8,525
Total (30,437) 30,437WT/BFA/W/57
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IV. INCOME
38. 2000 expenditure was to be funded from two sources:  (i) contributions assessed on Members
and (ii) miscellaneous income.
39. At the adoption of the income budget, contributions for 2000 were assessed on Members in the
amount of CHF 126,600,000 (Statement 2).  Subseque ntly, contributions of CHF 5,931, CHF 17,204,
CHF 10,405, CHF 63,548 and CHF 18,397 were assessed on  Albania, Croatia, Georgia, Jordan and
Oman respectively, as new WTO Members.  Collections as at 31 December 2000 in respect of 2000
contributions represented CHF 118,948,338 (including interest of CHF 363,680 earned by Members in
1998 in the context of the Early Payment Encouragement Scheme).
40. The details of miscellaneous income regarding (i) a comparison with 1999 figures and (ii) the
excess of actual 2000 miscellaneous income over estimates by CHF 44,371 (Statements 2 and 3), is
provided below:
1999 2000 2000 2000
Actual Estimated Actual Balance
CHF CHF CHF CHF
Sale of Publications/Souvenirs & Royalties 460,309 300,000 (24,041)8(324,041)
Profit or (loss) on exchange 200,531- 169,570 169,570Savings on previous year's
  outstanding obligations 196,307 87,000 160,850 73,850
Rental of meeting rooms and office
  space at Centre William Rappard 116,930 125,000 162,470 37,470
Contributions of Observer countries 651,385 550,000 833,880 283,880Interest on Current Account 13,313 20,000 74,647 54,647
Various 42,326  15,010
(235,995) (251,005)
Total 1,681,101 1,097,010 1,141,381 44,371
41. Various other income for 2000 comprises the following:
CHF
Refund of prior year's expenditure9140,527
Miscellaneous (microfiche, paper recycling, photocopies, etc.) 167,382Settlement discount from suppliers 1,088
Less:  Funding contri butions in arrears (544,992)
Total (235,995)
                                                     
8 Includes CHF 32,985 as royalties on the sale of WTO co-publications with outside publishers.
9 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 undermiscellaneous income, as has been the practice from the beginning of assessments on observers.WT/BFA/W/57
Page 12
42. The amount of CHF 544,992 was used to clear arrears for 1987 and earlier years in accordance
with the Council's approval (C/M/273) of the recommendation of the Committee on Budget, Finance
and Administration  (L/7483) with regard to a scheme to facilitate the payment of such arrears.
V. SURPLUS ACCOUNT
43. The Surplus Account (Statement 3) shows a surplus amounting to CHF 3,400,497 as at
31 December 2000, due to:
(a) the opening balance of CHF 1,627,110 on 1 January 2000;
(b) the decrease of CHF 1,231,964 in the provision for contributions in arrears10
(c) a total excess of income over expenditure amounting to CHF 2,195,842, composed of:
(i) contributions totalling CHF 115,485 assessed on Albania, Crotia, Georgia, Jordan
and Oman as new WTO Members subsequent to the approval of the 2000 Scale
of Contributions;
(ii)  a budgetary surplus of CHF 1,683,404 under the WTO and CHF 352,582 under
the Appellate Body and its Secretariat; and
(iii) an excess of CHF 44,371 for actual miscellaneous income over estimates.
This was reduced by:
(d) the utilization of the 1998 Surplus of CHF 1,627,110 to replenish the Appellate Body
Operating Fund; and
(e) irrecoverable invoices which amounted to CHF 27,309.
44. In accordance with WTO Financial Regulation 26.3, the Director-General will submit his
proposal on the use of the credit balance of the 2000 Surplus Account to the Committee on Budget,Finance and Administration in due course.
VI. ASSETS AND LIABILITIES
Assets
45. At 31 December 2000, cash in hand represented CHF 5,000; cash at bank and in the postal
checking account amounted to CHF 8,921,188.  Investments held on 31 December 2000, including
those related to a trust fund, were CHF 6,046,740 (Schedule C).
46. Contributions receivable from Members amounted to CHF 22,593,440 at 31 December 2000 as
shown in Schedule B.  This corresponding amount for 31 December 1999 was CHF 23,825,404.
47. At the recommendation from the External Au ditors, contributions receivable from WTO
Observers are recorded as a receivable asset and amount to CHF 426,60011.
48. Miscellaneous accounts receivable at 31 December 2000 totalled CHF 4,727,825.  This amount
includes staff advances of CHF 1,614,933 for salary, travel and education grants.   In respect of United
States taxes, an amount of CHF 1,347,216 is due from their authorities.  Prepaid 2001 expenditure is
CHF 5,995. CHF 287,269 was recorded as recoverable Swiss taxes, an amount which includes VAT
refunds and taxes on interest. Accrued interest on investments amount to CHF 25,067.  An amount of
                                                     
10  Contributions receivable from WTO Members amounted to CHF 22,593,440 at 31 December 2000 as
compared with CHF 23,825,404 at the end of 1999, i.e. a decrease of CHF 1,231,964 in contributions outstanding.
11 Document WT/BFA/W/42WT/BFA/W/57
Page 13
CHF 205,000 is recorded as an advance on 24-hour accident insurance premium, where the
corresponding provision has been raised under expenditure.  A total of CHF 714,483 recorded as
receivable represents the value of stock of WTO publications, co-publications and souvenirs.  Various
other items amounted to CHF 527,862, of which outstanding invoices on the sale of publications
amounted to CHF 66,673 leaving a balance of CHF 461,189 for receivable WTO invoices on work done
for others, rental of offices and meeting rooms and travel costs funded by outside entities.
Liabilities
49. Miscellaneous accounts payable at 31 December 2000 amounted to CHF 2,053,964 and
included the following: (i) amounts payable to suppliers: CHF 1,539,739; (ii) amounts payable to WTO
staff (e.g. travel claims) and to consultants for unliquidated payments on contracts:  CHF 377,872 and
other payables CHF 136,353.
50. CHF 476,855 (Schedule A) in respect of interest earned in 2000 will be applied against assessed
contributions for the year 2002 in accordance with the provisions of the Early Payment Encouragement
Scheme (see paragraph 59).  The 1999 interest of CHF 230,390 has been apportioned and deducted
from the 2000 assessments on relevant Members.
51. Advance contributions pertaining to 2001 and 2002 amounted to CHF 3,131,445 and
CHF 451,664 respectively.  Advance payments from WTO Observers amounted to CHF 47,950.
52. Total outstanding obligations amount to CHF 2,460,489, and are comprised of CHF 2,434,646
with respect to the WTO and CHF 25,843 with respect to  the Appellate Body Secretariat (excluding the
Appellate Body Operating Fund).
53. CHF 22,593,440 covered all contributions in arrears as at 31 December 2000.  (Statement 4 and
Schedule B).
54. The balance of the Appellate Body Oper ating Fund (ABOF) amounted to CHF 1,886,192 on
31 December 2000; in addition a reserve for outstanding obligations for the ABOF amounted to
CHF 44,738.
55. In connection with the General Council’s decision to set-up a Ministerial Operating Fund, an
amount of CHF 384,950 is being carried forward to fund the Ministerial Conference expenditure in2001.
56. The balance sheet of all other extra-budgetar y funds stood at CHF 5,558,219 on the same date.
(see document WT/BFA/W/59).
57. As mentioned in paragraph 43 the 2000 Surplus amounted to CHF 3,400,497.
VII. WORKING CAPITAL FUND
58. The principal of the Fund amounted to CHF 8,082,985 as at 31 December 2000.  This amount
included CHF 3,073,319 in advances made by Members as at 31 December 2000.  Interest amounting to
CHF 197,488 was credited to the Working Capital Fund.  An amount of CHF 363,269 has been
recorded as receivable from Members as at 31 December 2000 (Statement 5).
VIII.  EARLY PAYMENT ENCOURAGEMENT SCHEME
59. 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 ofWT/BFA/W/57
Page 14
calculations which take account of the amount and date of payment.  Schedule A shows the
apportionment of CHF 476,855 earned as interest in 2000 (Schedule 4).  The apportioned amounts will
be deducted from the relevant Members' contributions for 2002.
IX. EXTRA-BUDGETARY FUNDS
Appellate Body Operating Fund
60. With respect to the variable costs referred to in paragraph 28 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 2000, the fu nd stood at CHF 1,874,662; additional funding of
CHF 1,627,110 from the 1999 Surplus was provided in the course of 2000.  Expenditure with respect to
2000 amounted to CHF 1,643,618. Interest earned on the unutilised balance throughout the year
amounted to CHF 28,038. The balance as at 31 December 2000 is CHF 1,886,192.
Statement of Account
as at 31 December 2000
CHF
FUNDS
Opening Balance of 1 January 2000 1,874,662
Interest earned in 2000 28,038
Transfer from 1999 Surplus 1,627,110
3,529,810
EXPENDITURE
    Interpreters 20,494    Transcribers 48,333    Temporary Assistance 125,983    Postage 9,235    Members Travel
            and per diem 682,104
    New Members orientation 8.669    Members fees 748,800
1,643,618
BALANCE ON 31 DECEMBER 2000 1,886,192WT/BFA/W/57
Page 15
Ministerial Operating Fund
61. The table summaries the activities in 2000 under the Ministerial Conference Operating Fund
leading to the balance of CHF 384,950, carried forward to 2001 (see paragraphs 23 and 55)
  Statement of Account
as at 31 December 2000
CHF
FUNDS
Opening Balance of 1 January 2000 400,000
EXPENDITURE
    Travel  15,050
Balance on 31 December 2000 384,950
Trust Funds
62. Full financial statements as well as narrative reports with regard to all extra-budgetary funds
can be found in document WT/BFA/W/59.
63. As at 1 January 2000, the overall balance available under trust funds amounted to
CHF 1,408,289 in 29 funds.  In the course of the year, CHF 11,192,409 of new contributions were
received in 30 trust funds.  The total expenditure in 2000 was CHF 7,122,712 (excluding overhead),leaving CHF 5,477,986 available in 30 trust funds and 3 extra-budgetary funds on 31 December 2000.
64. The table on the following pages provides an over view of activities financed under trust funds
in 2000 according to the type and scope of activity and the site where the activity took place:WT/BFA/W/57
Page 16TECHNICAL ASSISTANCE ACTIVITIES FINANCED THROUGH VOLUNTARY CONTRIBUTIONS - 2000
National 
SeminarsRegional Seminars Technical MissionsNational 
WorkshopsRegional 
WorkshopsSymposia 
ColloquiaConferencesTraining 
CoursesNumber of 
ActivitiesCosts      
CHF
WTO & 
Multilateral 
Trad. Syst.Malaysia, 
Tanzania, Albania, Sudan, 
Bhutan, Angola, 
KuwaitBenin, Mali USA (3), 
Ghana, Kenya, New ZealandGhana, 
Ethiopia, Gabon, WTO 
HQ, China, 
FranceThailand, 
Austria, WTO HQ (2), 
Ethiopia, 
Guatemala27 2,250,715    
Market AccessTanzania Thailand, Turkey, 
South AfricaMauritius, Dominican 
Rep., Jamaica, Tanzania, 
Paraguay, Senegal, 
KuwaitWTO HQ WTO HQ, 
Kenya14 296,995       
Agriculture SPSPanama, 
Mauritius, 
ChinaLebanon, Namibia, 
Uruguay, Côte 
d'IvoireBarbados Nepal Australia, 
Cameroon, 
Philippines, 
Jamaica, WTO HQFrance Australia India, China
18 138,070       
Textiles Australia India 2 11,083         
RulesParaguay, China Austria, Uganda, 
Burkina Faso, South 
AfricaSri Lanka, Egypt, South 
Africa, Ecuador, 
Bangladesh, ThailandChina
13 269,112       
ImplementationTanzania Côte d'Ivoire, Benin, 
Burkina Faso (2), Ghana, Tunisia, KenyaUganda
9 91,445         
DSU Thailand WTO HQ (2) 3 53,198         
ServicesTunisia, 
MalaysiaWTO HQ, 
HondurasUganda, 
Benin, Czech Rep.Cyprus UK, WTO HQ
10 91,910         
TRIPsMauritius Kenya, Côte d'Ivoire Ghana UK Hong Kong Thailand, WTO 
HQ8 96,496         
TPRsMadagascar (2), 
Mozambique (2), USA, 
Barbados, St Lucia (2), St 
Kitts & Nevis (2), Antigua 
& Barbuda, Dominica, St Vincent & G, BahrainSt Lucia Uganda
16 188,069       
AccessionNepal, Laos Sudan, Samoa, Nepal, 
Tonga, ChinaYemen8 81,309         A     C     T     I     V     I     T     Y TOTAL
S
  
U
  
B
 
 
J
  
E
 
 
C
 
 
TWT/BFA/W/57
Page 17TECHNICAL ASSISTANCE ACTIVITIES FINANCED THROUGH VOLUNTARY CONTRIBUTIONS - 2000
Preparation of 
NegotiationsViet Nam, 
Thailand, 
Solomon Is., Iran, Cameroon, 
GeorgiaGabon, Chile, 
Argentina, Mexico, 
Uruguay, BrazilThailand WTO HQ (2)
17 319,534          
Int. Framework
T & Devel.Bhutan, Niger France Cambodia, USA (4), 
Gambia, Mauritania, Indonesia, ColombiaZambia, 
UgandaUSA, 
Canada, Mali, WTO 
H
QTogo, USA, 
Thailand, Mali, Chile, 
Ethio
pia24 208,744          
Trade & 
EnvironmentSouth Africa, Malta, 
Gabon, ArgentinaPeru Cuba Netherlands Kenya, 
France 9 464,803          
RTAs Tanzania Burkina Faso Peru 3 18,173            
E-Commerce & 
ITALebanon India Nigeria3 16,007            
Trade & 
Com petitionThailand, Ukraine, 
MoroccoPeru4 185,784          
Reference 
CentresBAD, COMESA, 
ECOWAS, IGAD, IOC, Comoros, Dominica, 
Niger, UEMOA, 
Bostwana, SADC, Gabon, Brussels Ambassies (Benin, Grenada, Chad, Niger, Burkina Faso), 
Mongolia, Tunisia, 
UNECA, OUA, Lebanon, OECS
23 228,390          
Number of 
Activities27 28 79 8 22 9 20 18 211
Costs (CHF) 231,595          1,178,791               758,658                           55,912           312,907          44,202          1,713,631       714,141      5,009,837       T
o
t
a
lS
  
U
  
B
 
 
J
 
 
E
 
 
C
  
TWT/BFA/W/57
Page 18
Other Extra-Budgetary Funds
Special Fund for the WTO Programme of Technical Assistance
65. The balance as at 31 December 2000 for the ‘Special Fund for the WTO Programme of
Technical Assistance’ is CHF 11,153.
Fund for Legal Experts to Assist Developing Countries in the Dispute Settlement Process
66. The balance as at 31 December 2000 for the ‘Fund for Legal Experts to Assist Developing
Countries in the Dispute Settlement Process’ is CHF 178,662.
Programme Support Fund (PSF)
67. It will be recalled that the General Council approved (WT/GC/M/32) a recommendation of
the Committee on Budget, Finance and Administration that “as from 1 January 2000, overhead costs
on trust funds be channelled into a Programme Support Fund (PSF) which would augment resources
in support areas where a demonstrable relationship exists between the supporting activity concerned
and the trust fund activities which generated the income.” (WT/BFA/38) To the balance on1 January 2000 of CHF 450,764, the PSF was credited with CHF 965,660 generated from trust fund
overhead costs.  CHF 521,886 was expended during the year, leaving a balance of CHF 894,538 on
31 December 2000.
X. DIVISIONAL REPORTING ON OBJECTIVES AND EXPENDITURE
68. 2000 was the fifth year of implementation of a budget in a functional/divisional form.  The
elements over which Directors mainly had control concerned staff resources, permanent equipment,
expendable equipment, contractual services, missions and hospitality.  Divisions had flexibility with
regard to transfers within personnel-related costs (staff resources) and within other costs.  Within
these categories, Directors manage the resources allocated to their divisions and can deploy these
resources as needs evolve throughout the year, provided that the overall totals for these categories arenot overspent.  In this regard, it will be recalled that such flexibility does not extend to allocations for
hospitality or missions.
69. In addition to allocations which were held at the Divisional level, a number of allocations
such as temporary assistance for secretaries/clerks were held at the Departmental level, under the
control of the respective Deputy Directors-General and some were at the Condominium level, such ascommon staff costs, utilities, and contribution to  the International Trade Centre (UNCTAD/WTO).
70. The present report should be read in conjunction with document WT/BFA/W/58: Divisional
Reporting on Objectives and Expenditure  for (i) information regarding Directors’ assessments of the
attainment of divisional objectives stated in the 2000 Budget Estimates  (document WT/BFA/W/58)
and (ii) divisional expenditure against budget.
POINTS FOR DECISION :Paragraphs 25 and 37.WT/BFA/W/57
Page 19
XI. REPORT OF THE EXTERNAL AUDITOR ON THE ACCOUNTS OF THE WORLD
TRADE ORGANIZATION FOR THE YEAR ENDED 31 DECEMBER 2000
GENERAL
71. 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.
72. The audit of the 2000 accounts has been carried out on the assumption that the transfers
between budgetary sections proposed in document WT/BFA/W/57, paragraphs 25 and 37, in
accordance with WTO Financial Regulation 24 and WTO Financial Rule 4.4, will be approved by the
WTO General Council.
EXPLANATORY NOTES TO THE ACCOUNTS
Outturn in 2000
73. Appropriations authorized by the Members of the WTO for 2000 were CHF 125,386,460 for
the WTO Secretariat (Statement 1a), and CHF 2,310,550 in respect of the Appellate Body and itsSecretariat (Statement 1b).  The overall budget of CHF 127,697,010 (WTO Secretariat and the
Appellate Body and its Secretariat) was to be financed by contributions of CHF 126,600,000 and
estimated miscellaneous income of CHF 1,097,010.
74. Expenditure under the WTO Secretariat in 2000 amounted to CHF 123,703,056, leaving an
unappropriated balance of CHF 1,683,404.  With respect to the Appellate Body and its Secretariat,2000 expenditure amounted to CHF 1,957,968, leaving an unappropriated balance of CHF 352,582.
The total excess of income over expenditure totalled CHF 2,195,842  (Statement 2).
Outstanding Contributions
75. Contributions outstanding at 31 December 2000 for WTO Members amounted to
CHF 22,593,440 (Schedule B).  This was CHF 1,231,964 less than at 31 December 1999.  The
provision for contributions in arrears was decreased accordingly.  This provision takes no account of
the degree of collectableness of the contributions outstanding; it is maintained for the whole amount
of it.  32.8 per cent of the amount outstanding related to contributions for 2000.
Outstanding Obligations
76. Total outstanding obligations for the WTO amounted to CHF 2,460,48912, and is comprised
of: the following: Section 1 (Work Years): CHF 407,657; Section 2 (Temporary Assistance):
CHF 535,129; Section 3 (Communications): CHF 2,250; Section 4 (Building facilities): CHF 19,546;
Section 5 (Permanent Equipment); CHF 619,090; Section 6 (Expendable Equipment): CHF 6,636;
Section 7 (Contractual Services): CHF 500,022; Se ction 8  (Staff Overhead Costs): CHF 235,253;
Section 9 (Mission): CHF 9,522 and Section 12 (Var ious-Hospitality, Dispute Settlement Panels,
Library, Publications, Public Information Activities, External Auditors, Ministerial Meetings and
others) CHF 125,385.
                                                     
12 Excluding a provision for outstanding obligations with respect to the Appellate Body Operating Fund
amounting to CHF 44,738relating to the travel of Appellate Body Members.WT/BFA/W/57
Page 20
Liabilities
77. The General Fund contained an amount of CHF 5,558,219 that remained available under
extra-budgetary funds.  In addition, the closing position on 31 December 2000 of the Appellate Body
Operating Fund and the Ministerial Conferen ce Operating Fund amounted to CHF 1,886,192 and
CHF 384,950 respectively.
REGULARITY
Accounts Receivable
78. Outstanding assessments on observers as at 31 December 2000 amounted to CHF 426,600
(Schedule D) and are reflected under Accounts Receivable in Statement 4.
Losses on sales of publications
79. The item ‘sales of publications’ shows a loss of CHF 24,041 in 2000, against a profit of
CHF 460,309 in 1999. The Secretariat explained that this is mainly due to a change in the presentation
of the costs involved, primarily  caused by free distribution of WTO publications. The auditors noted
that this matter has already drawn the attention of the Secretariat, and that, as a result, a clearer insight
in the operations will be given.
Administrative organization
80. The Secretariat convinced the auditors that the auditors’ previous suggestion to expand the
manual for the main internal financial procedures and material and personnel procedures with
financial implications had been taken seriously. The Secretariat is expanding and completing a revised
manual which will include other administrative procedures as well.
Equipment
81. With regard to the equipment the auditors previously recommended the development of a
policy for inventory checks. The auditors noticed that procedures have been developed, and that at the
end of the year 2000 some spot checks have been made. The Secretariat agrees with the auditors’
suggestion to emphasize areas with substantive equipment which could present greater  risks than
others.
Pension Plan costs
82. In the 1999 accounts report, the auditors suggested that the Pension Plan operating costs being
covered by the Secretariat should be reconsidered; at the least these costs should be shown clearly in
the annual accounts. The auditors noted that a decision is still pending in this regard.
Extra budgetary funds
83. Although the amount of receivables concerning extra budgetary funds had decreased during
the year 2000, still a considerable amount of money should be deposited earlier, thus diminishing the
risk of overspending, as was the case on several occasions during the year 2000.WT/BFA/W/57
Page 21
Internal auditor
84. The auditors’ previous and repeated suggestion to appoint an internal auditor did not lead to
the creation of such a post within the Secretariat. Although the auditors have to respect this decision,
they feel obliged to point out that the necessity  to do so has increased with the creation of the
Administration  and General Services Division.  As a result, the necessary separation of duties has
largely decreased. They suggest to again reconsider the decision.
Time registration system
85. During the first phase of their audit concerning dispute settlement the auditors noticed that a
real insight in the time spent on these activities could only be taken from a system in which all WTO-
employees systematically account for the hours they work. Since such a system is not (yet) in place,
the auditors asked Directors to roughly estimate the time spent on dispute settlement activities. This
exercise showed that the workload resulting from these activities is far less than many supposed, and
that the expectations about the rapid growth in this area may  not be  justified. For the time being, the
auditors advise the Secretariat to investigate the possibility of  adopting a time registration system.
Oracle accounting system
86. In the 1999 report, the auditors noted that a working group within the Budget and Control
Section was working on solving the remaining prob lems with this system. Although not all the
problems have been solved, the Secretariat is of the opinion that the situation is under control.  Theremaining problems are not due to the Oracle system itself but to the necessity to adapt some internal
procedures.  Regarding the importance of the correct functioning of the system and the application of
the procedures, the auditors suggest that periodical IT-audits should be performed.  These audits
should be focused on the quality of the functioning of the Oracle system and the adequacy of the
existing procedures.
Personnel related costs
87. The Secretariat informed the auditors that there are no longer any restraints to the collection
of data for the purpose of monitoring, as the auditors previously strongly  recommended.
CLOSING  PARAGRAPH
88. 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)
_____________________________________
Member of the Board of the Netherlands Court of AuditWT/BFA/W/57
Page 22
OPINION OF THE EXTERNAL AUDITOR ON THE ACCOUNTS
OF THE WORLD TRADE ORGANIZATION FOR THE
FINANCIAL YEAR ENDED 31 DECEMBER 2000
I have examined the Financial Statements contained in document WT/BFA/W/57, 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 2000.  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 of
Document WT/BFA/W/57 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 2000and the operations for 2000.  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 World
Trade Organization.
(Signed)
_____________________________________
Member of the Board of the Netherlands Court of AuditWT/BFA/W/57
Page 23STATEMENT 1a
WORLD TRADE ORGANIZATION
WTO Secretariat
Statement of Budgetary Expenditure 2000
(in Swiss francs)
Original
Appropriation
(WT/BFA/44)Proposed
TransfersFinal
AppropriationsExpenditure Balance
PART A. PROFESSIONAL
Section 1. Work/Years 80,797,300 (3,173,329) 77,623,971 76,586,353 1,037,618
2. Temporary Assistance 9,826,850 3,173,329 13,000,179 13,000,179
PART B. ADMINISTRATIVE COSTS
3. Communications 1,613,000 142,865 1,755,865 1,755,865
4. Building Facilities 2,454,500 2,454,500 2,438,480 16,020
5. Permanent Equipment 3,299,250 3,299250 3,265,058 34,192
6. Expendable Equipment 1,200,070 14,076 1,214,146 1,214,146
7. Contractual Services 3,722,090 (179,247) 3,542,843 3,418,789 124,054
PART C. OTHER COSTS
8. Staff Overhead Costs 1,961,500 76,513 2,038,013 2,038,013
9. Missions 1,911,000 1,911,000 1,881,646 29,354
10. Trade Policy Training Courses 1,440,000 (54,207) 1,385,793 1,252,851 132,942
11. Contribution to ITC 14,199,900 14,199,900 14,167,300 32,600
12. Various 2,861,000 2,861,000 2,684,376 176,624
13. Unforeseen Expenditure 100,000 100,000 100,000
125,386,460 125,386,460 123,703,056 1683,404
(Signed) (Signed)
Michael Kenneth Moore Jacques E. Chabert
Director General Director
Administration and General Services DivisionWT/BFA/W/57
Page 24STATEMENT 1b
WORLD TRADE ORGANIZATION
Appellate Body and its Secretariat
Statement of Budgetary Expenditure 2000
(in Swiss francs)
Original
Appropriation
(WT/BFA/44)Proposed
TransfersFinal
AppropriationsExpenditure Balance
PART A. PROFESSIONAL
Section 1. Work/Years 1,592,150 1,592,150 1,251,909 340,241
2. Temporary Assistance 18,000 2,495 20,495 20,495
PART B. ADMINISTRATIVE COSTS
3. Communications 6,500 6,500 4,902 1,598
4. Building Facilities 370 370 370
5. Permanent Equipment 31,250 (4,738) 26,512 26,512
6. Expendable Equipment 17,350 (11,252) 6,098 6,098
7. Contractual Services 15,000 (6,527) 8,473 8,473
PART C. OTHER COSTS
8. Staff Overhead Costs 2,000 19,047 21047 21,047
91. Missions 9,000 8,525 17,525 17,525
10. Trade Policy Training Courses
11. Contribution to ITC
12. Various 619,300 (7,920) 611,380 600,637 10,743
13. Unforeseen Expenditure
2,310,550 2,310,550 1,957,968 352,582
(Signed) Signed)
Michael Kenneth Moore Jacques E. Chabert
DirectorGeneral Director
Administration and General Services DivisionWT/BFA/W/57
Page 25STATEMENT 2
2000 Expenditure Contributions assessed on Members 126,600,000
          WTO Secretariat (Statement 1a) 123,703,056          Appellate Body and Its Secretariat (Statement 1b) 1,957,968
125,661,024 Contributions assessed on new Members subsequent 
  to the adoption of the 2000 scale of contributions
Excess of income over expenditure           Albania 5,931
          WTO Secretariat 1,843,083           Croatia 17,204          Appellate Body and Its Secretariat 352,759
2,195,842           Georgia 10,405
          Jordan 63,548
          Oman 18,397 115,485
Miscellaneous:
          Sale of publications and souvenirs incl. Royalties (24,041)
          Profit on exchange 169,570          Discount taken on Suppliers' Invoices 1,088          Savings on previous year's outstanding obligations
               WTO Secretariat 160,673
               Appellate Body and Its Secretariat 177
160,850
          Rental of meeting rooms, office space and parking 
            at Centre William Rappard to others 162,470
          Contributions of Observers 833,880          Interest on current accounts 74,647
Various (237,083) 1,141,381
127,856,866 127,856,866
                     
(Signed)                            (Signed)EXPENDITURE INCOMEWORLD TRADE ORGANIZATION
Income and Expenditure Account for the year ended 31 December 2000
(in Swiss francs)
Administration and General Services DivisionMichael Kenneth Moore
Director-GeneralJacques E. Chabert
DirectorWT/BFA/W/57
Page 26STATEMENT 3
Balance as at 1 January 2000 1,627,110
Write-off of irrecovera ble invoices 27,309
Decrease of provision for contributions in arrears 1,231,964
Utilization of the surp lus as at 31 Decem ber 1999 : Excess o f income over expen diture :
Contributions assesse d on new Mem bers su bsequent 
       Rep lenishment o f the Appellate Bo dy Operat ing Fun d 1,627,110  to t he adoption of the 2000 sca le of contr ibutions
           Albania 5,931
         Croatia 17,204
         Georgia 10,405
Surplus as at 31 Decem ber 2000 3,400,497          Jor dan 63,548
         Oman 18,397 115,485
2000 budgetary surp lus
         WT O Secretar iat 1,683,404
         Appellate Bo dy and Its Secretar iat 352,582 2,035,986
Excess o f actua l miscellaneous income over est imate d 
 miscellaneous income 44,371
2,195,842
5,054,916 5,054,916
            (Signed)                            (Signed)DEBITS CREDITSWORLD TRADE ORGANIZATION
Surplus Account for the year ended 31 December 2000
(in Swiss francs)
Administration and General Services DivisionMichael Kenneth Moore
Director-GeneralJacques E. Chaber t
DirectorWT/BFA/W/57
Page 27STATEMENT 4
WORLD TRADE ORGANIZATION
Statement of Assets and Liabilities as at 31 December 2000
GENERAL FUND
Cash in hand 5,000 Accounts payable Miscellaneous 136,353
Suppliers 1,539,739
Staff / SSA 377,872 2,053,964
Cash at bank and in postal cheques account 8,921,188 Interest earned in 1999 and 2000 to be distributed to Members
1999 230,390
2000 476,855 707,245
Investments (Schedule C) 6,046,740 Contributions paid in advance by Members
  2001 3,131,445  2002 451,664
3,583,109
Accounts receivable: Payments made in advance by Observers 47,950
   Contributions from Members (Schedule B) 22,593,440 Reserve for 2000 obligations outstanding as at 31 December 2000
  WTO Secretariat 2,434,646
   Contributions from Observers :   Appellate Body and its Secretariat 25,843 2,460,489
1995 15,660
1996 16,995 Provision for contributions in arrears 22,593,4401997 42,8331998 100,609 Provision for Ministerial Operating Fund 2001 384,950
1999 117,401
2000 133,102
426,600 Appellate Body Operating Fund (WT/BFA/W/57 para. 60) 1,886,192
   Miscellaneous accounts receivable 4,727,825 Reserve for 2000 obligations outstanding as at 31 December 2000
Appellate Body Operating Fund 44,738
Extra-budgetary funds  (WT/BFA/W/59 page 6) 5,558,219
Surplus as at 31 December 2000 3,400,497
42,720,793 42,720,793
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 2000 was CHF 15,451,252
3) Stocks of publications, for sale and free distribution, and other expendable stores were also held.
                                                   (Signed)         (Signed)ASSETS LIABILITIES
Michael Kenneth Moore(in Swiss francs)
Administration and General Services DivisionDirectorJacques E. Chabert
Director-GeneralWT/BFA/W/57
Page 28STATEMENT 5
Investments (Schedule C) 7,719,716 Principal of Fund:
  Sums held to the credit of WTO:
Receivable from Members 363,269        Balance as at 1 January 2000 4,812,178
       Interest on investments during 2000 197,488 5,009,666
       
  Advances made by Members as at 1 January 2000 2,879,295     New Members:       Albania 38,843
       Croatia 39,037
       Georgia 38,650       Jordan 38,457       Oman 39,037
194,024 3,073,319
8,082,985 8,082,985
               (Signed)             (Signed)ASSETS LIABILITIES
Administration and General Services DivisionMichael Kenneth Moore
Director-GeneralJacques E. Chabert
DirectorWORLD TRADE ORGANIZATION
Statement of Assets and Liabilities as at 31 December 2000
WORKING CAPITAL FUND
(in Swiss francs)WT/BFA/W/57
Page 29
SCHEDULE A
2000 Early Payment Encouragement Scheme:
interest to be distributed
MembersCHF
Angola 241
Australia 10,422
Austria 11,763
Bahrain 582
Barbados 68
Belgium 17,216
Belize 90
Benin 87
Bolivia 168
Brazil 1,141
Brunei Darussalam 335
Bulgaria 177
Cameroon 243
Canada 29,044
Chile 1,209
Colombia 456
Costa Rica 577
Cote d'Ivoire 18
Cuba 438
Cyprus 452
Czech Republic 4,344
Denmark 8,013
Dominica 78
Egypt 2,243
El Salvador 234
Estonia 346
Fiji 140
Finland 5,242
France 408
Gabon 319
Germany 47,398
Ghana 234
Greece 1,785
Grenada 69
Guatemala 396WT/BFA/W/57
Page 30
SCHEDULE A
2000 Early Payment Encouragement Scheme:
interest to be distributed
MembersCHF
Guyana 79
Honduras 209
Hong Kong 30,793
Hungary 3,180
Iceland 351
India 1,777
Indonesia 286
Ireland 8,246
Israel 4,314
Italy 21,284
Jamaica 400
Japan 42,322
Jordan 87
Kenya 304
Korea 13,182
Kuwait 518
Latvia 382
Liechtenstein 236
Luxembourg 2,005
Macau, China 460
Madagascar 129
Malaysia 8,090
Maldives 74
Malta 397
Mauritius 339
Mexico 3,761
Morocco 1,079
Myanmar 61
Namibia 209
Netherlands 27,140
New Zealand 2,310
Nicaragua 44
Norway 7,460
Panama 272
Papua New Guinea 279WT/BFA/W/57
Page 31
SCHEDULE A
2000 Early Payment Encouragement Scheme:
interest to be distributed
MembersCHF
Peru 497
Poland 5,179
Portugal 583
Qatar 289
Romania 1,083
Senegal 197
Singapore 13,511
Slovak Republic 1,650
Slovenia 1,215
South Africa 3,902
Spain 16,747
Sri Lanka 599
St Kitts and Nevis 120
St Lucia 27
St Vincent and the  Grenadines 23
Swaziland 147
Sweden 12,588
Switzerland 7,533
Thailand 8,335
Trinidad and Tobago 199
Tunisia 644
Turkey 1,951
Uganda 98
United Arab Emirates 2,189
United Kingdom 49,194
United States 18,783
Venezuela 1,449
Zimbabwe 88
Grand Total 476,855WT/BFA/W/57
Page 32SCHEDULE B / TABLEAU B / CUADRO B
ADMINISTRATIVE MEASURES 2000
STATEMENT OF OUTSTANDING CONTRIBUTIONS AS AT 31DECEMBER 2000/ ETAT DES ARRIERES DE CONTRIBUTIONS MESURES ADMINISTRARIVES CURRENT YEAR SITUATION
AU 31 DECEMBRE 2000/ ESTADO DE CONTRIBUCIONES PENDIENTES AL 31 DE DECIEMBRE DE 2000 MEDIDAS ADMINISTRATIVAS SITUATION DE L’ANNEE COURANTE
(See/voir/véase p. 6) SITUACIÓN DEL AÑO EN CURSO
Swiss Francs/Francs suisses/Francos suizos CATEGORY/CATEGORIE/CATEGORIA Swiss Francs/Francs suisses/Francos suizos CHF
1969- 1988- Advance IV Assesment Interest Payment Outstanding Advance
1987 1996 1997 1998 1999 Avance total I II III INACTIVE / Contribution Intérêts Paiements Arriérés Avance
Members/Membres/Mienbros Adelantado INACTIVA Contribución Intereses Pagos Pendiente Adelantado
Albania/Albanie/Albania 5,931 5,931 5,931 5,931
Angola 0 0 0 0 0 0 0 77,226 0 (77,226) 0 -
Antigua and Barbuda/Antigua-et-
Barbuda/
  Antigua y Barbuda72,120 281,487 34,260 34,320 36,330 18,990 477,507 1 18,990 0 0 18,990 -
Argentina/Argentine 0 0 0 0 11,284 577,296 588,580 577,296 0 0 577,296 -
Australia/Australie 0 0 0 0 0 0 0 1,648,332 (8,365) (1,639,967) 0 -
Austria/Autriche 0 0 0 0 0 0 0 1,905,330 (10,074) (1,895,256) 0 -
Bahrain/Bahreïn/Bahrein 0 0 0 0 0 0 0 96,216 (471) (95,745) 0 -
Bangladesh 0 0 0 0 0 125,334 125,334 125,334 0 0 125,334 -
Barbados/Barbade 0 0 0 0 0 0 0 24,054 (77) (23,977) 0 628
Belgium/Belgique/Bélgica 0 0 0 0 0 0 0 3,608,100 (17,089) (3,591,011) 0 -
Belize/Belice 0 0 0 0 0 0 0 18,990 (137) (18,853) 0 18,853
Benin/Bénin 0 0 0 0 0 668 668 18,990 (138) (18,184) 668 -
Bolivia/Bolivie 0 0 0 0 0 0 0 31,650 0 (31,650) 0 58
Botswana 0 0 0 0 0 49,025 49,025 49,374 (349) 0 49,025 -
Brazil/Brésil/Brasil 0 0 0 0 0 1,128,030 1,128,030 1,301,448 0 (173,418) 1,128,030 -
Brunei Darussalam/Brunéi Darussalam 0 0 0 0 0 0 0 59,502 (188) (59,314) 0 -
Bulgaria/Bulgarie 00 0 0 0 0 0 130,398 (81) (130,317) 0 -
Burkina Faso 314,514 0 18,580 34,320 36,330 18,990 422,734 1 18,990 0 0 18,990 -
Burundi 594,395 281,487 34,260 34,320 36,330 18,990 999,782 1 18,990 0 0 18,990 -
Cameroon/Cameroun/Camerún 0 0 0 0 0 0 0 36,714 0 (36,714) 0 107,003
Canada/Canadá 00 0 0 0 0 0 4,938,666 (23,494) (4,915,172) 0 -
Central African Republic/République
centrafricaine/
    República Centroafricana477,900 281,487 34,260 34,320 36,330 18,990 883,287 1 18,990 0 0 18,990 -
Chad/Tchad 760,481 235,270 34,260 34,320 36,330 18,990 1,119,651 1 18,990 0 0 18,990 -
Chile/Chili 0 0 0 0 0 0 0 424,110 (974) (423,136) 0 -
Colombia/Colombie 0 0 0 0 0 11,452 11,452 331,692 (1,279) (318,961) 11,452 -
Congo 504,227 264,351 26,188 34,320 36,330 32,916 898,332 1 32,916 0 0 32,916 -
Costa Rica 00 0 0 0 0 0 87,354 0 (87,354) 0 93,338
Côte d'Ivoire 0 0 0 0 0 49,025 49,025 86,088 (262) (36,801) 49,025 -
Croatia/Croatie/Croacia 17,204 17,204 17,204 0 17,204 -
Cuba 0 0 0 0 0 0 0 68,364 (193) (68,171) 0 -
Cyprus/Chypre/Chipre 0 0 0 0 0 0 0 74,694 (344) (74,350) 0 -
Czech Republic/République
tchèque/República Checa0 0 0 0 0 0 0 641,862 (3,120) (638,742) 0 705,128
Democratic Republic of the
Congo/République démocra tique du
Congo/República Democrática del Congo430,900 287,635 56,944 45,760 48,440 25,320 894,999 1 25,320 0 0 25,320 -
Denmark/Danemark/Dinamarca 0 0 0 0 0 0 0 1,290,054 (6,712) (1,283,342) 0 -
Djibouti 0 93,180 34,260 34,320 36,330 18,990 217,080 1 18,990 0 0 18,990 -
Dominica/Dominique 0 0 0 0 0 0 0 18,990 (22) (18,968) 0 -
Dominican Republic/République
dominicaine/ República Dominicana673,388 0 45,280 114,400 121,100 137,994 1,092,162 1 137,994 0 0 137,994 -
Ecuador/Equateur 0 0 0 0 60,392 112,674 173,066 112,674 0 0 112,674 -
Egypt/Egypte/Egipto 0 0 0 0 0 0 0 335,490 (1,084) (334,406) 0 -
El Salvador 0 0 0 0 0 2,365 2,365 62,034 (176) (59,493) 2,365 -
Estonia/Estonie/Estonia 0 0 0 0 0 0 0 78,492 0 (78,492) 0WT/BFA/W/57
Page 33ADMINISTRATIVE MEASURES 2000
STATEMENT OF OUTSTANDING CONTRIBUTIONS AS AT 31DECEMBER 2000/ ETAT DES ARRIERES DE CONTRIBUTIONS MESURES ADMINISTRARIVES CURRENT YEAR SITUATION
AU 31 DECEMBRE 2000/ ESTADO DE CONTRIBUCIONES PENDIENTES AL 31 DE DECIEMBRE DE 2000 MEDIDAS ADMINISTRATIVAS SITUATION DE L’ANNEE COURANTE
(See/voir/véase p. 6) SITUACIÓN DEL AÑO EN CURSO
Swiss Francs/Francs suisses/Francos suizos CATEGORY/CATEGORIE/CATEGORIA Swiss Francs/Francs suisses/Francos suizos CHF
1969- 1988- Advance IV Assesment Interest Payment Outstanding Advance
1987 1996 1997 1998 1999 Avance total I II III INACTIVE / Contribution Intérêts Paiements Arriérés Avance
Members/Membres/Mienbros Adelantado INACTIVA Contribución Intereses Pagos Pendiente Adelantado
European Communities/Communautés
européennes/ Comunidades Europeas  (a)00 0 0 -
Fiji/Fidji 0 0 0 0 0 0 0 22,788 (174) (22,614) 0 -
Finland/Finlande/Finlandia 0 0 0 0 0 0 0 910,254 (3,210) (907,044) 0 -
France/Francia 0 0 0 0 0 0 0 7,351,662 (29,333) (7,322,329) 0 -
Gabon/Gabón 0 0 0 0 0 0 0 46,842 0 (46,842) 0 -
Gambia/Gambie 590,173 165,105 34,260 34,320 36,330 18,990 879,178 1 18,990 0 0 18,990 -
Georgia 10,405 10,405 10,405 0 0 10,405 -
Germany/Allemagne/Alemania 0 0 0 0 0 0 0 12,271,338 (37,869) (12,233,469) 0 -
Ghana 0 0 0 0 0 0 0 40,512 (80) (40,432) 0 -
Greece/Grèce/Grecia 0 0 0 0 0 0 0 419,046 (1,339) (417,707) 0 -
Grenada/Grenade/Granada 0 0 0 0 0 0 0 18,990 (7) (18,983) 0 3,511
Guatemala 00 0 0 0 0 0 69,630 (165) (69,465) 0 -
Guinea/Guinée 0 93,180 34,260 34,320 36,330 18,990 217,080 1 18,990 0 0 18,990 -
Guinea-Bissau/Guinée-Bissau 0 93,180 34,260 34,320 36,330 18,990 217,080 1 18,990 0 0 18,990 -
Guyana 0 0 0 0 0 7,194 7,194 18,990 (158) (11,638) 7,194 -
Haiti/Haïti/Haití 0 0 0 0 0 18,930 18,930 18,990 (60) 0 18,930 -
Honduras 0 0 0 0 0 1,086 1,086 43,044 (144) (41,814) 1,086 -
Hong Kong, China/Hong Kong, Chine 0 0 0 0 0 0 0 4,586,718 (21,613) (4,565,105) 0 -
Hungary/Hongrie/Hungría 0 0 0 0 0 0 0 493,740 (1,955) (491,785) 0 -
Iceland/Islande/Islandia 0 0 0 0 0 0 0 51,906 (236) (51,670) 0 -
India/Inde 0 0 0 0 0 0 0 1,050,780 0 (1,050,780) 0 -
Indonesia/Indonésie 0 0 0 0 0 1,127,868 1,127,868 1,214,094 (3,526) (82,700) 1,127,868 -
Ireland/Irlande/Irlanda 0 0 0 0 0 0 0 1,216,626 (4,180) (1,212,446) 0 1,262,202
Israel/Israël 0 0 0 0 0 0 0 696,300 (3,138) (693,162) 0 2,092
Italy/Italie/Italia 0 0 0 0 0 0 0 5,990,712 (25,204) (5,965,508) 0 -
Jamaica/Jamaïque 0 0 0 0 0 0 0 72,162 (209) (71,953) 0 49,778
Japan/Japon/Japón 0 0 0 0 0 0 0 9,132,924 (22,770) (9,110,154) 0 -
Jordan/Jordanie/Jordania 0 0 63,548 0 (63,548) 0 -
Kenya 0 0 0 0 0 3,408 3,408 65,832 (202) (62,222) 3,408 -
Korea, Republic of/Corée, République de/
Corea, República de0 0 0 0 0 0 0 3,358,698 (4,438) (3,354,260) 0 -
Kuwait/Koweït 0 0 0 0 0 0 0 273,456 (286) (273,170) 0 -
Kyrgyz Republic/République
kirghize/República Kirguisa0 0 0 0 19,097 18,990 38,087 18,990 0 0 18,990 -
Latvia/Lettonie/Letonia 0 0 0 0 0 0 0 65,832 0 (65,832) 0 -
Lesotho 0 0 0 0 0 18,990 18,990 18,990 0 0 18,990 -
Liechtenstein 0 0 0 0 0 0 0 35,448 (181) (35,267) 0 -
Luxembourg/Luxemburgo 0 0 0 0 0 0 0 360,810 (1,197) (359,613) 0 -
Macau, China/Macao, Chine 0 0 0 0 0 0 0 79,758 (405) (79,353) 0 -
Madagascar 00 0 0 0 0 0 18,990 (44) (18,946) 0 3,555
Malawi 2,755 0 31,505 34,320 36,325 18,990 123,895 1 18,990 0 0 18,990 -
Malaysia/Malaisie/Malasia 00 0 0 0 0 0 1,868,616 (908) (1,867,708) 0 -
Maldives/Maldivas 0 0 0 0 0 0 0 18,990 (82) (18,908) 0 -
Mali/Malí 0 0 1,751 34,320 36,330 18,990 91,391 1 18,990 0 0 18,990 -
Malta/Malte 0 0 0 0 0 0 0 64,566 (276) (64,290) 0 -
Mauritania/Mauritanie 636,619 281,487 34,260 34,320 36,330 18,990 1,042,006 1 18,990 0 0 18,990 -
Mauritius/Maurice/Mauricio 0 0 0 0 0 0 0 54,438 (211) (54,227) 0 -
Mexico/Mexique/México 0 0 0 0 0 0 0 2,500,350 (1,503) (2,498,847) 0 -
Mongolia/Mongolie 0 0 0 0 17,501 18,829 36,330 18,990 (161) 0 18,829 -
Morocco/Maroc/Marruecos 0 0 0 0 0 0 0 205,092 (546) (204,546) 0 -
Mozambique 0 0 0 8,880 36,330 18,990 64,200 1 18,990 0 0 18,990 -WT/BFA/W/57
Page 34ADMINISTRATIVE MEASURES 2000
STATEMENT OF OUTSTANDING CONTRIBUTIONS AS AT 31DECEMBER 2000/ ETAT DES ARRIERES DE CONTRIBUTIONS MESURES ADMINISTRARIVES CURRENT YEAR SITUATION
AU 31 DECEMBRE 2000/ ESTADO DE CONTRIBUCIONES PENDIENTES AL 31 DE DECIEMBRE DE 2000 MEDIDAS ADMINISTRATIVAS SITUATION DE L’ANNEE COURANTE
(See/voir/véase p. 6) SITUACIÓN DEL AÑO EN CURSO
Swiss Francs/Francs suisses/Francos suizos CATEGORY/CATEGORIE/CATEGORIA Swiss Francs/Francs suisses/Francos suizos CHF
1969- 1988- Advance IV Assesment Interest Payment Outstanding Advance
1987 1996 1997 1998 1999 Avance total I II III INACTIVE / Contribution Intérêts Paiements Arriérés Avance
Members/Membres/Mienbros Adelantado INACTIVA Contribución Intereses Pagos Pendiente Adelantado
Myanmar, Union of/Myanmar, Union du/
  Myanmar, Unión de00 0 0 0 0 0 18,990 (137) (18,853) 0 -
Namibia/Namibie 0 0 0 0 0 0 0 37,980 (127) (37,853) 0 -
Netherlands, Kingdom of/Pays-Bas,
Royaume des/ Países Bajos, Reino de los0 0 0 0 0 0 0 4,366,434 (19,567) (4,346,867) 0 -
New Zealand/Nouvelle-Zélande/
Nueva Zelandia0 0 0 0 0 0 0 368,406 (1,644) (366,762) 0 -
Nicaragua 00 0 0 0 0 0 21,522 0 (21,522) 0 154,917
Niger/Níger 276,811 242,998 34,260 34,320 36,330 18,990 643,709 1 18,990 0 0 18,990 -
Nigeria/Nigéria 0 0 0 0 230,086 289,148 519,234 1 289,914 (766) 0 289,148 -
Norway/Norvège/Noruega 0 0 0 0 0 0 0 1,181,178 (3,881) (1,177,297) 0 -
Pakistan/Pakistán 0 0 0 0 0 249,402 249,402 249,402 0 0 249,402 -
Panama/Panamá 0 0 0 0 0 0 0 168,378 0 (168,378) 0 118,140
Papua New Guinea/P apouasie-Nouvelle-
Guinée/ Papua Nueva Guinea0 0 0 0 0 0 0 53,172 (112) (53,060) 0 -
Paraguay 0 0 0 0 0 59,502 59,502 59,502 0 0 59,502 -
Peru/Pérou/Perú 0 0 0 0 0 96,884 96,884 182,304 (27) (85,393) 96,884 -
Philippines/Filipinas 0 0 0 0 457,737 844,412 1,302,149 844,422 (10) 0 844,412 -
Poland/Pologne/Polonia 0 0 0 0 0 0 0 815,304 (2,763) (812,541) 0 -
Portugal 0 0 0 0 0 0 0 764,664 (2,958) (761,706) 0 -
Qatar 0 0 0 0 0 0 0 69,630 (249) (69,381) 0 -
Romania/Roumanie/Rumania 0 0 0 0 0 0 0 226,614 (712) (225,902) 0 -
Rwanda 0 161,300 34,260 34,320 36,330 18,990 285,200 1 18,990 0 0 18,990 -
Saint Kitts and Nevis/
Saint-Kitts-et-Nevis/ Saint Kitts y Nevis0 0 0 0 0 0 0 18,990 (124) (18,866) 0 -
Saint Lucia/Sainte-Lucie/Santa Lucía 0 0 0 0 0 0 0 18,990 (135) (18,855) 0 -
St. Vincent and the Grenadines/Saint-
Vincent-et-les Grenadines/San Vicente
y las Granadinas0 0 0 0 0 90 90 18,990 (38) (18,862) 90 -
Senegal/Sénégal 00 0 0 0 0 0 29,118 (105) (29,013) 0 157,701
Sierra Leone/Sierra Leona 683,300 281,487 34,260 34,320 36,330 18,990 1,088,687 1 18,990 0 0 18,990 -
Singapore/Singapour/Singapur 00 0 0 0 0 0 3,077,646 (9,845) (3,067,801) 0 -
Slovak Republic/République slovaque/
  República Eslovaca0 0 0 0 0 0 0 270,924 (1,037) (269,887) 0 -
Slovenia/Slovénie/Eslovenia 0 0 0 0 0 0 0 225,348 (712) (224,636) 0 -
Solomon Islands/Iles Salomon/Islas
Salomón0 0 0 0 0 18,990 18,990 18,990 0 0 18,990 -
South Africa/Afrique du Sud/Sudáfrica 0 0 0 0 0 0 0 710,226 (3,237) (706,989) 0 873,775
Spain/Espagne/España 0 0 0 0 0 0 0 3,119,424 (11,649) (3,107,775) 0 -
Sri Lanka 0 0 0 0 0 0 0 116,472 (463) (116,009) 0 -
Sultanate of Oman 18,397 18,397 18,397 18,397 -
Suriname 0 0 0 9,416 36,064 18,857 64,337 1 18,990 (133) 0 18,857 -
Swaziland/Swazilandia 0 0 0 0 0 0 0 24,054 (165) (23,889) 0 -
Sweden/Suède/Suecia 00 0 0 0 0 0 1,961,034 (8,803) (1,952,231) 0 -
Switzerland/Suisse/Suiza 0 0 0 0 0 0 0 2,249,682 (9,986) (2,239,696) 0 -
Tanzania/Tanzanie/Tanzanía 437,059 0 0 0 35,905 34,169 507,133 34,182 (13) 0 34,169 -
Thailand/Thaïlande/Tailandia 0 0 0 0 0 0 0 1,440,708 (3,109) (1,437,599) 0 -
Togo 111,427 167,628 34,260 34,320 36,330 18,990 402,955 1 18,990 0 0 18,990 -
Trinidad and Tob ago/Trinité-et-Tobago/
  Trinidad y Tabago0 0 0 0 0 0 0 40,512 0 (40,512) 0 -
Tunisia/Tunisie/Túnez 0 0 0 0 0 0 0 172,176 (703) (171,473) 0 -
Turkey/Turquie/Turquía 0 0 0 0 0 0 0 954,564 0 (954,564) 0 -
Uganda/Ouganda 0 0 0 0 0 0 0 24,054 0 (24,054) 0 20,228WT/BFA/W/57
Page 35ADMINISTRATIVE MEASURES 2000
STATEMENT OF OUTSTANDING CONTRIBUTIONS AS AT 31DECEMBER 2000/ ETAT DES ARRIERES DE CONTRIBUTIONS MESURES ADMINISTRARIVES CURRENT YEAR SITUATION
AU 31 DECEMBRE 2000/ ESTADO DE CONTRIBUCIONES PENDIENTES AL 31 DE DECIEMBRE DE 2000 MEDIDAS ADMINISTRATIVAS SITUATION DE L’ANNEE COURANTE
(See/voir/véase p. 6) SITUACIÓN DEL AÑO EN CURSO
Swiss Francs/Francs suisses/Francos suizos CATEGORY/CATEGORIE/CATEGORIA Swiss Francs/Francs suisses/Francos suizos CHF
1969- 1988- Advance IV Assesment Interest Payment Outstanding Advance
1987 1996 1997 1998 1999 Avance total I II III INACTIVE / Contribution Intérêts Paiements Arriérés Avance
Members/Membres/Mienbros Adelantado INACTIVA Contribución Intereses Pagos Pendiente Adelantado
United Arab Emirates/Emirats arabes
unis/ Emiratos Árabes Unidos0 0 0 0 0 0 0 681,108 (70) (681,038) 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 7,640,310 (32,965) (7,607,345) 0 -
United States of America/Etats-Unis
d'Amérique/Estados Unidos de América1,364,256 0 0 0 0 1,840,976 3,205,232 19,897,722 (6,835) (18,049,911) 1,840,976 -
Uruguay 0 0 0 0 0 81,024 81,024 81,024 0 0 81,024 -
Venezuela 0 0 0 0 0 0 0 419,046 0 (419,046) 0 12,202
Zambia/Zambie 0 33,990 34,242 34,320 36,330 27,852 166,734 1 27,852 0 0 27,852 -
Zimbabwe 0 0 0 0 0 0 0 45,576 (161) (45,415) 0 -
Sub-Total/Total partiel/Total parcial 7,930,325 3,245,252 659,870 796,216 1,727,871 7,403,467 21,763,001 2 1 4 16 126,715,485 (363,680) (118,948,338) 7,403,467 3,583,109
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 7,930,325 4,075,691 659,870 796,216 1,727,871 7,403,467 22,593,440 2 1 4 16 126,715,485 (363,680) (118,948,338) 7,403,467 3,583,109
2000: Summary /Résumé /Resumen
CHF
Contributions assessed on Members(a)  No assessment is made on the European Communities as such.
Il n'y a pas de contribution mise à la charge des Communautés européennes en tant que telles.
No hay contribución señalada a las Comunidades Europeas como tales.
Contributions mises à la charge des Membres 126,600,000
Contribuciones señaladas a los Miembros
(1) New Members
(1) Nouveaux Membres 115,485
(1) Nuevos Miembros 126,715,485
Less interest returned
Moins intérêts ristournés (363,680)
Menos intereses devengados
Less payments for 2000
Moins paiements pour l'année 2000 (118,948,338)
Menos montos pagados para 2000 (119,312,018) 94.16%
2000 Contributions outstanding
Arriérés pour 2000
Contribuciones pendientes para 2000 7,403,467 5.84%
100.00%
(1) CHF
Jordan/Jordanie/Jordania 63,548
Georgia/Georgie/Georgia 10,405
Albania/Albanie/Albania 5,931
Oman/Oman/Omán 18,397
Croatia/Croatie/Croacia 17,204
115,485WT/BFA/W/57
Page 36
SCHEDULE C
Investments held on 31 December 2000
(in Swiss francs)
Deposit account with : Amount Interest Rate % Maturity Date
UBS SA, Geneva 600,000 3.25 09 January 2001
UBS SA, Geneva 800,000 3.50 03 January 2001
UBS SA, Geneva 2,000,000 3.25 15 January 2001Banque Edouard Constant Geneva 2,000,000 3.46 22 January 2001UBS SA, Geneva 7,000,000 3.35 22 January 2001
UBS SA, Geneva 1,200,000 3.35 15 February 2001
Banque Edouard Constant Geneva 14,573 0.00
Credit Suisse, Geneva 151,883
1.00
TOTAL 13,766,4561/
10. 1/ of which 7,719,716 for the Working Capital Fund and 6,046,740 for the General Fund.
(Signed)  (Signed)
Michael Kenneth Moore Jacques E. Chabert
Director-General Director
Administration and General Services DivisionWT/BFA/W/57
Page 37
SCHEDULE D
Statement of Outstanding Contributions
As at 31 December 2000
(in Swiss Francs)
OBSERVER  GOVERNMENTS 1995 1996 1997 1998 1999 2000 Total Advance
        2001
Algeria 0000 00 0  
Andorra 0000 00 0  
Armenia 0000 00 0  
Azerbaijan 0 0 7,884 17,160 18,165 18,990 62,199 
Bahamas 0000 0 0 0 6,356
Belarus 0000 00 0  
Bhutan 0000 00 0  
Bosnia and Herzegovina     8,411 18,990 27,401 
Cambodia 0 0 13,667 17,160 18,165 18,990 67,982 
Cap Verde 0 0 0 14,809 18,165 18,990 51,964 
China 0000 0 0 0 19,935
Ethiopia 0000 00 0  
Former Yugoslav Republic of Macedonia 0000 0 0 0 18,990
Holy See     00 0  
Kazakstan 0000 0 0 0 2,669
Lao People's Democratic Republic 0000 00 0  
Lebanon     00 0  
Lithuania 0000 00 0  
Moldova 0000 00 0  
Nepal 0000 00 0  
Russian Federation 0000 00 0  
Samoa     00 0  
Saudi Arabia 0000 00 0  
Seychelles 0 0 0 17,160 18,165 18,990 54,315 
Sudan 0 0 4,152 17,160 18,165 18,990 58,467 
Chinese Taipei 0000 00 0  
Tonga 0000 00 0  
Ukraine 0000 00 0  
Uzbekistan 0000 00 0  
Vanuatu 15,660 16,995 17,130 17,160 18,165 18,990 104,100 
Viet Nam 0000 00 0  
Yemen     0 172 172 
TOTAL 15,660 16,995 42,833 100,609 117,401 133,102 426,600 47,950WT/BFA/W/57
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 ismaintained 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
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