Annex I

                  Allocation of total oil revenue among the various funds and corresponding expenditures, as at 30 April 2002

1.            As at 30 April 2002, 4.08 billion euros had been deposited into the account for phase XI, as authorized under Security Council resolution 1382 (2001), bringing the total oil sale revenue since the inception of the programme to $37.33 billion and 18.25 billion euros. 

 

2.            The allocation of total oil proceeds received since the inception of the programme to date and the corresponding expenditures as at 30 April 2002 are as follows:

 

(a)        The sums of $19.65 billion and 10.48 billion euros have been allocated for the purchase of humanitarian supplies by the Government of Iraq, as specified in paragraph 8 (a) of resolution 986 (1995).  In addition, $1.43 billion and 524.6 million euros of interest earned in these accounts were available for the purchase of humanitarian supplies in the central and southern governorates of Iraq.  Letters of credit issued by the BNP-Paribas, on behalf of the United Nations, amounted to approximately $21.64 billion and 9.31 billion euros for humanitarian supplies and oil industry spare parts for Iraq; payments amounted to $16.97 billion and 2.47 billion euros under phases I to XI;

 

(b)        The sum of $6.78 billion has been allocated for the purchase of humanitarian goods to be distributed in the three northern governorates by the United Nations Inter-Agency Humanitarian Programme, as specified in paragraph 8 (b) of resolution 986 (1995) and as revised by paragraph 2 of Council resolution 1153 (1998).  Expenditures recorded for humanitarian goods approved by the Committee amounted to $4,64 billion;

 

(c)        The sum of $15.33 billion has been transferred directly into the United Nations Compensation Fund, as specified in paragraph 8 (c) of resolution 986 (1995).  A total of $276.5 million has been allotted to cover the operating expenditures of the Compensation Commission up to 31 December 2002 and an amount of $14.73 billion had been allotted for payment of various instalments of “A”, “C”, “D”, “E” and “F” claims;

 

(d)               The sum of $944.5 million has been allocated for the operational and administrative expenses of the United Nations associated with the implementation of resolution 986 (1995), as specified in paragraph 8 (d) of the resolution. Expenditures for administrative costs for all United Nations entities involved in implementing the resolution amounted to $616.2 million;

 

(e)        The sum of $391.8 million has been allocated for operating expenses of the United Nation Special Commission for the Disarmament of Iraq (UNSCOM) and its successor the United Nations Monitoring, Verification and Inspection Commission (UNMOVIC), established by the Council in its resolution 1284 (1999), as specified in paragraph 8 (e) of resolution 986 (1995).  Expenditures for the Commission amounted to $104.8 million;

 

(f)         The sum of $984.7 million has been set aside for the transportation costs of petroleum and petroleum products originating in Iraq exported via the Kirkuk-Yumurtalik pipeline through Turkey, in accordance with paragraph 8 (f) of resolution 986 (1995) and in line with procedures adopted by the Committee.  Of that amount, $960.9 million has been paid to the Government of Turkey;

 

(g)        The sum of $169.5 million has been transferred directly to the escrow account established pursuant to Council resolutions 706 (1991) and 712 (1991) for the repayments envisaged under paragraph 6 of resolution 778 (1992), as specified in paragraph 8 (g) of resolution 986 (1995) and subsequently in paragraph 34 of my report number S/1996/978.  The total repayments made amounted to $169.5 million.