Organisation pour la sécurité et la coopération en Europe (OSCE) · annual-report

Financial Report and Financial Statements for the year ended 31 December 2011 and the Opinion of the External Auditor

19 juillet 2012 OSCE

Le texte intégral est hébergé par l’organisation qui le publie. lawenc.com indexe les métadonnées et renvoie vers la source officielle.

Texte intégral

Audited Financial Statements CONTENTS Letter of Transmittal to the Chairperson of the Permanent Council of the OSCE from the Secretary General

I - AUDIT OPINION OF THE EXTERNAL AUDITOR

Letter of Transmittal to the Auditor General from the Secretary General

Chapter I - OSCE Financial Report for the year ended 31 December 2011 . . . . . . . . . . . . . . . . . . . . . .1

1. Introduction . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .1

2. Unified Budget . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .1 2.1 Income – Assessed Contributions . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .2 2.2 In-Kind Contributions . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .2 2.3 Budget . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .2 2.4 Expenditure . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .3 2.5 Staffing . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .4

3. Extra-budgetary Contributions . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .4

4. Cash Management . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .4

5. Management Issues . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .5 5.1 Performance Based Programme Budgeting . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .5 5.2 Common Regulatory Management System . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .5 5.3 Network Operating System Fund . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .5

Chapter II - Budget and Expenditure Report . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .7

Chapter III - Financial Statements . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .19

STATEMENT 1: OSCE Consolidated Statement of Income, Expenditure and Changes in Fund Balance . . . . . . . . . . . . . .21 STATEMENT 2: OSCE Consolidated Statement of Assets, Liabilities and Fund Balance . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .21 STATEMENT 3: OSCE Consolidated Statement of Cash Flow . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .22 STATEMENT 4: Summary of all OSCE Statement of Income, Expenditure and Changes in Fund Balance . . . . . . . . . . . .23 STATEMENT 5: Summary of all OSCE Statement of Assets, Liabilities and Fund Balance . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .24 STATEMENT 6: Summary of all OSCE Statement of Cash Flow . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .25 STATEMENT 7: Summary of all OSCE Statement of Cash Surplus . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .26 STATEMENT 8: OSCE Secretariat and Institutions, Statement of Income, Expenditure and Changes in Fund Balance . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .27 STATEMENT 9: OSCE Secretariat and Institutions, Statement of Assets, Liabilities and Fund Balance . . . . . . . . . . . . . . . .28 STATEMENT 10: OSCE Secretariat and Institutions, Statement of Cash Flow . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .29 STATEMENT 11: OSCE Secretariat and Institutions, Statement of Cash Surplus . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .30 STATEMENT 12: Summary by Region OSCE Field Operations, Statement of Income, Expenditure and Changes in Fund Balance . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .31 STATEMENT 13: Summary by Region OSCE Field Operations, Statement of Assets, Liabilities and Fund Balance . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .32 STATEMENT 14: Summary by Region OSCE Field Operations, Statement of Cash Flow . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .33 STATEMENT 15: Summary by Region OSCE Field Operations, Statement of Cash Surplus . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .34 STATEMENT 16: OSCE Field Operations South Eastern Europe, Statement of Income, Expenditure and Changes in Fund Balance . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .35 STATEMENT 17: OSCE Field Operations South-Eastern Europe, Statement of Assets, Liabilities and Fund Balance . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .36 STATEMENT 18: OSCE Field Operations South-Eastern Europe, Statement of Cash Flow . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .37 STATEMENT 19: OSCE Field Operations South-Eastern Europe, Statement of Cash Surplus . . . . . . . . . . . . . . . . . . . . . . . . . . . .38 STATEMENT 20: OSCE Field Operations Eastern Europe, Statement of Income, Expenditure and Changes in Fund Balance . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .39 STATEMENT 21: OSCE Field Operations Eastern Europe, Statement of Assets, Liabilities and Fund Balance . . . . . . . . .40 STATEMENT 22: OSCE Field Operations Eastern Europe, Statement of Cash Flow . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .41 STATEMENT 23: OSCE Field Operations Eastern Europe, Statement of Cash Surplus . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .42 STATEMENT 24: OSCE Field Operations Caucasus, Statement of Income, Expenditure and Changes in Fund Balance . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .43 STATEMENT 25: OSCE Field Operations Caucasus, Statement of Assets, Liabilities and Fund Balance . . . . . . . . . . . . . . . .44 STATEMENT 26: OSCE Field Operations Causasus, Statement of Cash Flow . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .45 STATEMENT 27: OSCE Field Operations Causasus, Statement of Cash Surplus . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .46 STATEMENT 28: OSCE Field Operations Central Asia, Statement of Income, Expenditure and Changes in Fund Balance . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .47 STATEMENT 29: OSCE Field Operations Central Asia, Statement of Assets, Liabilities and Fund Balance . . . . . . . . . . . . .48 STATEMENT 30: OSCE Field Operations Cantral Asia, Statement of Cash Flow . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .49 STATEMENT 31: OSCE Field Operations Cantral Asia, Statement of Cash Surplus . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .50 STATEMENT 32: Extra-budgetary Part 1, Statement of Income, Expenditure and Changes in Fund Balance . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .51 STATEMENT 33: Extra-budgetary Part 1, Statement of Assets, Liabilities and Fund Balance . . . . . . . . . . . . . . . . . . . . . . . . . . . . .52 STATEMENT 34: Extra-budgetary Part 1, Statement of Cash Flow . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .53 STATEMENT 35: Extra-budgetary Part 2, Statement of Income, Expenditure and Changes in Fund Balance . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .54 STATEMENT 36: Extra-budgetary Part 2, Statement of Assets, Liabilities and Fund Balance . . . . . . . . . . . . . . . . . . . . . . . . . . . . .55 STATEMENT 37: Extra-budgetary Part 2, Statement of Cash Flow . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .56

Chapter IV - Notes to the Financial Statements . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .57 Note 1 - Significant Accounting Policies . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .59 Note 2 - Financial Instruments . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .62 Note 3 - Cash . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .62 Note 4 - Assessed Contributions . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .62 Note 5 - Accounts Receivable . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .62 Note 6 - Prepaid Expenditure and Advances . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .62 Note 7 - Non-Current Assets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .62 Note 8 - Accounts Payable . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .63 Note 9 - Unliquidated Obligations . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .63 Note 10 - Funds Held for Third Parties . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .63 Note 11 - Contributions Received in Advance . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .63 Note 12 - Employee Benefits . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .63 Note 13 - Material Assets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .64 Note 14 - Cash and Other Losses . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .65 Note 15 - Ex-Budgetary Contributions . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .66 Note 16 - Other Adjustments . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .66 Note 17 - Contingent Liabilities . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .66 Note 18 - Ex-Gatia Payments . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .66 Note 19 - Leases and Contractual Obligations . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .66 Note 20 - Events after the Reporting Date . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .66

Appendices ................................................................................................................................ 67 Appendix I - Bank and Cash Balances as at 31 December 2011 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .69 Appendix II - Short-term Investments and Interest Rates for 2011 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .71 Appendix III - Assessed Contributions Receivable as at 31 December 2011 . . . . . . . . . . . . . . . . . . . . . . . . . . .74 Appendix IV - OSCE Staffing Overview as at 31 December 2011 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .75 Appendix V - Provident Fund Summary Statement as at 31 December 2011 . . . . . . . . . . . . . . . . . . . . . . . .76 Audit Opinion of the External Auditor

The maintenance and integrity of the Organization for Security and Cooperation in Europe's website is the responsibility of the Secretary General; the work carried out by the auditors does not involve consideration of these matters and accordingly the auditors accept no responsibility for any changes that may have occurred to the financial statements since they were initially presented on the website. External Auditor’s Opinion and Report 2011

ACCOUNTING CHAMBER OF UKRAINE

AUDIT OPINION OF THE EXTERNAL AUDITOR ON THE OSCE CONSOLIDATED FINANCIAL STATEMENTS FOR THE FINANCIAL PERIOD ENDED 31 DECEMBER 2011

To the Permanent Council of the Organization for Security and Co-operation in Europe

Report on the Financial Statements We hereby certify that the accompanying statements have been audited, comprising the Budget and Expenditure Reports on pages 9 to 18 and the Financial Statements on pages 1 to 37, and the supporting notes, including Appendixes I to IV of the Organization for Security and Co-operation in Europe for the financial period ended 31 December 2011.

Management’s Responsibility for the Financial Statements The Secretary General of the OSCE is responsible for the preparation and fair presentation of the Financial Statements in accordance with the United Nations System Accounting Standards (UNSAS). This responsibility includes: designing, implementing and maintaining internal controls relevant to the preparation and fair presentation of the Financial Statements that are free from material misstatement.

Auditor’s Responsibility Our responsibility is to examine the Financial Statements and express an opinion on these Financial Statements and that they present a true and fair view based on the audit.

Basis of Opinion We conducted the audit in accordance with the auditing standards of the International Organization of Supreme Audit Institutions (INTOSAI). Those standards require planning and performing the audit to obtain reasonable assurance whether the Financial Statements are free of material misstatements. An audit includes examining, on a test basis, and as considered by the auditor to be necessary in the circumstances, evidence supporting the amounts and disclosures in the Financial Statements. An audit also includes assessing the accounting principles used, the relevant internal control system and significant estimates made by the Secretary General, as well as evaluating the overall financial statement presentation. We believe that our audit work provides a reasonable basis for the audit opinion.

Opinion In our opinion, the Financial Statements present fairly, in all material respects, the OSCE financial position as at and the results of the operations and cash flows for the period ended 31 December 2011 in accordance with the accounting policies set out in the notes to the Financial Statements,

The Accounting Chamber of Ukraine OSCE Structures and Institutions as at 31 December 2011

Summit Periodic meeting of OSCE Heads of State or Government

Ministerial Council Annual meeting of OSCE Foreign Ministers (except in years with Summit)

Permanent Council Forum for Security Co-operation Regular body for political consultation and Regular body for arms control and CSBMs decision-making (weekly in Vienna) (weekly in Vienna)

OSCE Parliamentary Assembly Copenhagen Chairman-in-Office (CiO) Lithuania (2011) Troika (Kazakhstan, Lithuania, Ireland) Personal Representatives of the CiO

Office for Democratic OSCE Representative on Secretary General High Commissioner on Institutions and Human Freedom of the Media Vienna National Minorities Rights Vienna The Hague Warsaw

OSCE Secretariat Vienna and Prague Office

OSCE Field Operations OSCE Centres in: OSCE Mission in/to: Astana Serbia Ashgabat Montenegro Bishkek Moldova Kosovo Skopje Tasks in Bosnia and Herzegovina Presence in Albania OSCE Offices in: The Personal Representative of CiO on the Conflict Baku Dealt with by the OSCE Minsk Conference Yerevan Project Co-ordinator in Ukraine Zagreb Project Co-ordinator in Uzbekistan Tajikistan The Minsk Process

High-Level Planning Group Preparing for an OSCE Peacekeeping Force for Nagorno-Karabakh Legend:

______ Line of Responsibility ............ Provides Support

OSCE Assistance in Implementation of Bilateral Agreements Representative to the Latvian-Russian Joint Commission on Military Pensioners

OSCE related Bodies

Joint Consultative Group Open Skies Consultative Commission Court of Conciliation and Arbitration Promotes implementation of CFE Treaty, Promotes implementation of Open Skies Geneva Meets in Vienna Treaty, Meets in Vienna Representative to the Latvian-Russian Joint Commission on Military Pensioners

Centre in Astana Centre in Bishkek Office in Minsk*

Funds Relating to the Conflict Dealt with by the Minsk Conference

Project Co-ordinator in Ukraine Mission to Serbia Project Co-ordinator in Uzbekistan

Office in Zagreb Office in Tajikistan OSCE Field Operations as at 31 December 2011

Tasks in Bosnia and Mission to Moldova Herzegovina

Mission in Mission to Skopje Kosovo Centre in Ashgabat Presence in Office in Yerevan Office in Mission to Montenegro Albania Baku *Office in Minsk ceased its operations on 31 March 2011 FINANCIAL REPORT

Chapter I - Financial Report for the year ended 31 December 2011

Summary of the OSCE’s Results 1. Introduction for the Financial Year 2011 Unified Extra- Network TOTAL The Secretary General of the Organization for Budget Budgetary Operating EUR’000 System Security and Co-operation in Europe (OSCE) submits INCOME herewith the Financial Report and the Financial Assesses Contributions 147,165 - - 147,165 Statements of the Organization for the year ended 31 Extra-budgetary Contributions - 17,186 - 17,186 December 2011. The Financial Report provides the Other income and adjustments 2,230 (174) 49 2,105 TOTAL INCOME 149,395 17,012 49 166,456 financial results for the OSCE’s activities during the financial year 2011. EXPENDITURE 145,935 25,597 1,563 173,095

BUDGET 2011 Year-end UB Revision 147,165 Budget utilisation rate 99.0% The OSCE operates a system of fund accounting and CASH SURPLUS 2011 3,128 the resulting financial statements present the financial Number of results of the Secretariat, Institutions and Field STAFFING positions Positions Approved Operations, Extra-budgetary Funds and the Network Professional staff positions 1,194 Operating System Fund. The Financial Report pro- General service staff positions 1,624 Total staff positions 2,818 vides an overview and analysis of the financial aspects of each of these.

The Action Plan for the Implementation of the Total income for the OSCE's Consolidated Statement Recommendations of the Report of the External of Income, Expenditure and Changes in Fund Balance Auditors on the Financial Statements for the year includes assessed contributions, extra-budgetary con- ended 31 December 2010 was circulated tributions, miscellaneous income, savings on prior (PC.ACMF/66/11) to all Delegations of participating year’s unliquidated obligations, currency exchange and States on 31 October 2011. other adjustments. Total income for 2011 amounted to EUR 166,456 thousand (2010: EUR 178,891 thousand). 2. Unified Budget

2.1 Income - Assessed Contributions Total expenditure for 2011 including Unified Budget The OSCE's source of income for the Unified Budget and Extra-budgetary Funds amounted to EUR is assessed contributions from participating States. The 173,095 thousand (2010: EUR 168,686 thousand). level of assessed contributions received is a direct func- The excess expenditure over income of EUR 6,639 tion of the billing schedule defined for the OSCE in thousand is mainly due to Extra-budgetary funds that its Financial Regulations. are multi-year funds as shown in following table.

OSCE income from assessed contributions for 2011 totalled EUR 147,165 thousand, of which EUR 52,642 thousand is based on the Standard Scale of Contributions and EUR 94,523 thousand is based on the Field Operations Scale of Contributions. The OSCE received 97.0% of assessed contributions for 2011 by 31 December 2011 (2010: 94.3%).

1 Other income for the Unified Budget, which includes 2011 Year-end Budget Revision (PC.DEC/1030) miscellaneous income, currency exchange adjustments EUR ‘000 2011 % and savings on prior year unliquidated obligations, I. Funds Related to The Secretariat and Institutions amounted to EUR 2,230 thousand. The Secretariat 32,402 22.0% Office for Democratic Institutions and Human Rights 15,516 10.5% High Commissioner on National Minorities 3,310 2.3% 2.2 In-Kind Contributions Representative on Freedom of the Media 1,414 1.0% A unique feature of the OSCE is the significant II. Funds Related to OSCE Field Operations (by Region) amount of in-kind contributions provided in the form Augmentations 5,255 3.6% of seconded staff and certain premises. The value of South-Eastern Europe 58,892 40.0% these in-kind contributions is estimated at approxi- Eastern Europe 4,597 3.1% Caucasus 7,796 5.3% mately EUR 44,142 thousand for 2011 and equivalent Central Asia 17,984 12.2% to 23.0% of total resources at the disposal of the Total Unified Budget 147,165 100.0% OSCE. This comprises an estimated EUR 39,220 thousand for seconded staff salaries and EUR 4,922 thousand for buildings provided by host countries. In From the operational perspective, the OSCE remains a particular, generous contributions are acknowledged field-oriented Organization, with the share of the from the Austrian government for office rent and con- budget allocated to field operations representing EUR ference facilities (EUR 3,365 thousand) and the Polish 94,523 thousand (64.2%) of the 2011 Unified Budget. government for ODIHR (EUR 904 thousand). These The share of resources in the Secretariat and governments have provided further substantial contri- Institutions was EUR 52,642 thousand (35.8%). The butions in-kind in the form of tax concessions, securi- Secretariat’s budget includes resources for thematic ty and parking areas. activities.

The following table shows the distribution of the 2.3 Budget Unified Budget from 2008 to 2011: The 2011 Unified Budget was approved under PC.DEC/981 on 23 December 2010, in the amount of Distribution of Unified Budget 2008-2011 (EUR ’000) EUR 150,765 thousand. Revised budgets approved under subsequent Permanent Council Decisions result- ed in a net decrease of EUR 3,600 thousand and a Year-end Revised Budget of EUR 147,165 thousand (PC.DEC/1030 of 16 February 2012).

The format and structure of the 2011 Unified Budget presented individual Programmes, together with their objectives and outputs and the financial and human resources required for their achievements for each Fund.

The Performance Based Programme Budgeting (PBPB) methodology was fully implemented in all Funds presenting the objectives, outcomes and outputs. In the presentation and the approval of the 2011 Unified Budget, Funds were grouped under (i) Funds related to the Secretariat and Institutions and (ii) Funds related to Field Operations, with the latter, in turn, The geographical distribution of resources allocated to being grouped into regions. This presentation is also OSCE's Field Operations saw a small increase in the followed in this Financial Report and Financial percentage share of resources allocated to Central Asia Statements. (0.7%), and a decrease in the share of resources allocat- ed to Eastern Europe and South-Eastern Europe (respectively -1.0% and -0.4%).

2 FINANCIAL REPORT

Geographical Distribution of Unified Budget: Funds Related to Expenditure for 2011 compared to the year-end Field Operations revised Budget of EUR 147,165 thousand was 99.2% EUR ‘000 2011 2010 (2010: 99.0%) and expenditure against the original Funds Related to OSCE Field Operations Unified Budget approved 23 December 2010 of EUR (by Region) 150,765 thousand was 96.8% (2010: 99.5%). Augmentations 5,255 5.6% 5,195 5.3% South-Eastern Europe 58,892 62.3% 61,912 62.7% Eastern Europe 4,597 4.9% 5,775 5.8% Budget Utilisation Rates for Year-End Budget Revision Caucasus 7,796 8.2% 7,806 7.9% Central Asia 17,984 19.0% 18,094 18.3% Total 94,523 100.0% 98,782 100.0%

The following table lists the PC Decisions affecting the Unified Budget in the course of 2011.

2010 Unified Budget and Revisions

PC Decision Budget EUR ‘000 Revisions 23 /12 / 2010 Approval of the 2011 Unified PC.DEC/981 Budget 150,765 15/12/2011 Revision of the 2010 Unified PC.DEC 1025 Budget (940) 16/02/2012 OSCE 2010 Year-end Unified PC.DEC/1030 Budget Revision (2,660)

Total Budget Revisions (3,600)

Year-End Revised Budget 147,165

The following is a comparison between 2011 and 2010 expenditure. 2.4 Expenditure Unified Budget Expenditure The 2011 expenditure against the Unified Budget EUR ‘000 2011 2010 amounted to a total of EUR 145,935 thousand, rep- I. Funds Related to The Secretariat and Institutions resenting a decrease of 2.7% compared to EUR The Secretariat 32,095 22.0% 31,998 21.3% 149,952 thousand in 2010. Office for Democratic Institutions and Human Rights 15,449 10.6% 15,622 10.4% High Commissioner on Budget vs. Expenditure 2008-2011 (EUR ‘000) National Minorities 3,280 2.2% 3,320 2.2% Representative on Freedom of the Media 1,414 1.0% 1,385 0.9%

Total Funds Related to The Secretariat and Institutions 52,239 35.8% 52,325 34.8%

II. Funds Related to OSCE Field Operations (by Region) Augmentations 5,239 3.6% 5,048 3.4% South-Eastern Europe 58,680 40.2% 61,618 41.1% Eastern Europe 4,598 3.2% 5,518 3.7% Caucasus 7,311 5.0% 7,422 5.0% Central Asia 17,869 12.2% 18,001 12.0%

Total Funds Related to OSCE Field Operations 93,697 64.2% 97,627 65.2%

Total OSCE 145,935 100.0% 149,952 100.0%

3 Unified Budget Expenditure by Region (EUR ‘000) Budgeted vs. Filled Positions as at 31 December 2011

Number of positions Budgeted Filled % Filled

Professional Staff 1,194 1,080 90.5% International contracted 272 255 93.8% Seconded 545 459 84.2% National professional 377 366 97.1%

General Services Staff 1,624 1,568 96.5% Secretariat and Institutions 255 245 95.9% Field Operations 1,369 1,323 96.6%

Total Staff 2,818 2,648 93.9%

3. Extra-budgetary Contributions

The distribution of Unified Budget Expenditure by Extra-budgetary contributions continue to be a valu- Cost Category between 2011 and 2010 saw a decrease able source of funding for the OSCE to finance proj- in all cost categories, except Staff Costs, which ects and activities that are consistent with OSCE increased by 1.4%. objectives but are not funded under the Unified Budget. Extra-budgetary contributions received in Unified Budget Expenditure by Cost Category 2011 amounted to EUR 17,186 thousand (2010: EUR 24,563 thousand). Of this amount, EUR 6,971 EUR ‘000n 2011 2010 thousand was received in respect of pledges made in Staff Costs 89,854 61.6% 90,307 60.2% previous years. Operational Costs 43,942 30.1% 45,963 30.7% Assets/Equipment 3,333 2.3% 4,082 2.7% Office Costs 8,609 5.9% 9,245 6.2% Unlike resources provided under the Unified Budget, HoM Facility 197 0.1% 355 0.2% extra-budgetary resources are normally multi-year in Total 145,935 100% 149,952 100% nature and balances are carried forward from one year to the next. The fund balance of all extra-budgetary resources carried forward to 2011 from 2010 amount- As in previous years, Staff Costs continue to represent ed to EUR 43,470 thousand (2010: EUR 38,765 the most significant share of OSCE's annual expendi- thousand). tures. Expenditure of extra-budgetary resources in 2011 amounted to EUR 25,597 thousand (2010: EUR 2.5 Staffing 18,625 thousand). Total budgeted positions as at 31 December 2011 was 2,818, representing a 2.6% decrease over the previous A total of EUR 876 thousand of unspent extra-budg- year (2010: 2,892). The distribution of positions with- etary funds was refunded to the respective donors in in the Organization is shown in Appendix IV. 2011.

Budgeted Positions

Number of positions 2011 2010 4. Cash Management

Professional Staff 1,194 42.4% 1,221 42.2% Cash and bank balances are managed in strict compli- International contracted 272 22.8% 284 23.3% ance with the OSCE's Financial Regulations. Seconded 545 45.6% 563 46.1% Accordingly, all amounts received from participating National professional 377 31.6% 374 30.6% States against assessed contributions billed are used for General Services Staff 1,624 57.6% 1,671 57.8% the purposes authorised within the relevant year's Secretariat and Institutions 255 15.7% 254 15.0% budget, and any cash surplus is credited to participat- Field Operations 1,369 84.3% 1,417 85.0% ing States within the timelines set out in Financial Total Staff 2,818 100.0% 2,892 100.0% Regulation 7.07.

4 FINANCIAL REPORT

Cash and bank balances as at the end of 2011 and 2010 are shown in the following table. The Secretariat bank In 2011 the Investment Committee continued to balances include the Revolving and Contingency monitor cash management activities and to assess the Funds and Extra-budgetary Funds. risks associated with placing deposits with banks. The Investment Committee regularly reviews the invest- ment portfolio and approves the banks where invest- OSCE - Bank and Cash Balances ments are placed. EUR ‘000 2011 2010 Bank I. The Secretariat and Institutions 5. Management Issues The Secretariat 60,676 94.5% 72,537 96.0% Institutions 854 1.3% 875 1.2% Total Secr. & Institutions 61,530 95.8% 73,412 97.2% 5.1 Performance Based Programme Budgeting II. Field Operations (by Region) In its Decision 18/06 of 5 December 2006, the South-Eastern Europe 1076 1.7% 724 1.0% Eastern Europe 45 0.1% 123 0.2% Ministerial Council stated its commitment to further Caucasus 250 0.4% 286 0.4% introduction and application of PBPB in the OSCE. Central Asia 988 1.5% 706 0.9% Since 2007 the Secretariat devoted significant efforts Total Field Operations 2,360 3.7% 1,839 2.4% to apply PBPB across all OSCE Funds. 2011 was the Total Bank 63,890 99.5% 75,250 99.6% fourth full year of implementation of PBPB method- Total Cash 338 0.5% 299 0.4% ology across the Organisation and the third budget GRAND TOTAL 64,228 100.0% 75,549 100.0% cycle in which all the Funds used the Performance Indicators at the Outcome level as an internal tool for their Programmes. The Secretariat - Bank Balances

EUR ‘000 2011 2010 5.2 Common Regulatory Management System UB bank accounts 20,061 17,514 On 1 December 2005, participating States adopted the XB bank accounts 35,725 50,133 decision on establishing a comprehensive Common Revolving 2,710 2,710 Contingency 2,180 2,180 Regulatory Management System (CRMS) Total 60,676 72,537 (PC.DEC/705) to facilitate the effective and efficient management of OSCE’s human, financial and materi- al resources. The primary objective guiding the Secretariat's Treasury is to ensure the efficient and cost-effective Included in the approval of the 2011 Unified Budget management of OSCE's financial resources. Cash is (PC.DEC/981), the ACMF was tasked to intensify its managed centrally in order to safeguard funds, better work on reaching an agreement on the OSCE monitor cash flow and optimise investment income. Financial Regulations. Although the ACMF Working Treasury is also responsible for developing and imple- Group on Financial Regulations conducted numerous menting instructions and procedures for the safe cus- meetings in the course of 2011, consensus has not yet tody of cash and bank balances at all Institutions and been reached and deliberations continue. Field Operations.

The geographic as well as currency composition of 5.3 Network Operating System Fund cash and bank balances is monitored closely for the The Network Operating System Fund was established purposes of risk management. Banks used by the in 2010 (PC.DEC/926) to finance the replacement of OSCE across all locations are reviewed regularly to the OSCE’s network and desktop systems. The fund- ensure that the Organization's funds are safeguarded ing of the Network Operating System was financed with due care and prudence. from the 2008 cash surplus in the amount of EUR 1,890 thousand. In line with Financial Regulation 5.02, short-term investments are made in the form of time-deposits of monies not needed for immediate requirements and all interest earned is credited as miscellaneous income to the Secretariat Fund.

5 Chapter II – Budget and Expenditure Report Budget and Expenditure Report as at 31 December 2011

Fund Approved PC Budget Transfers Revised Disbursement ULO Expenditure Utiliz. Main Programme Budget Authorized Revision Fin. Reg. Budget after Rate % Programme (PC.DEC/981) Transfers (PC.DEC/1030) 3.02(b) Transfers EUR '000

I. FUNDS RELATED TO SECRETARIAT AND INSTITUTIONS

The Secretariat

Secretary General and Central Services Executive Management 1,136 71 1,207 0 1,207 1,148 57 1,205 100 Security Management 369 16 385 0 385 383 0 383 100 External Co-operation 668 5 672 0 672 667 2 669 99 Legal Services 514 (6) 508 0 508 507 1 507 100 Press and Public Information 1,179 (12) 1,167 0 1,167 1,165 1 1,165 100 Gender Issues 345 (101) 244 0 244 239 2 241 99 TOTAL 4,210 (28) 4,183 0 4,183 4,108 62 4,170 100

Chairman-in-Office Short-Term Mission/Visits of CiO and PR of the CiO 325 (0) 325 0 325 325 0 325 100 Advisory Committee on Management and Finance (ACMF) 15 0 15 0 15 11 4 15 100 Panel of Adjudicators 40 (36) 5 0 5 0 4 4 92 Audit Committee 50 (27) 23 0 23 20 2 22 97 External Auditors 100 (21) 79 0 79 74 5 79 100 TOTAL 530 (84) 446 0 446 430 15 445 100 0 Internal Oversight Internal Oversight 1,275 (90) 1,185 0 1,185 1,178 1 1,179 99 TOTAL 1,275 (90) 1,185 0 1,185 1,178 1 1,179 99 0 Strategic Police Matters 0 Strategic Police Matters Unit 842 (57) 786 0 786 774 3 777 99 TOTAL 842 (57) 786 0 786 774 3 777 99 0 Office of the Special Representative/Co-ordinator for Combating Trafficking Office of the Special Representative/Co-ordinator for 896 (10) 885 0 885 883 1 884 100 Combating Trafficking in Human Beings TOTAL 896 (10) 885 0 885 883 1 884 100

Action Against Terrorism Unit Action Against Terrorism 831 (12) 818 0 818 814 0 814 100 TOTAL 831 (12) 818 0 818 814 0 814 100

9 Budget and Expenditure Report as at 31 December 2011

Activities Related to the Economic and Environmental Aspects of Security Co-ordinator of OSCE Economic and Environmental Activities 1,429 (2) 1,427 0 1,427 1,424 3 1,427 100 Economic and Environmental Forum 471 (12) 459 0 459 455 1 456 99 TOTAL 1,900 (14) 1,886 0 1,886 1,878 4 1,882 100

Conflict Prevention CPC Direction and Management 400 6 407 0 407 404 1 405 100 Policy Support Service 873 5 878 0 878 866 12 877 100 Operations Service 655 (27) 628 0 628 625 1 626 100 Operations Service / Borders Team 360 6 366 0 366 349 9 358 98 Programming and Evaluation Support Unit 321 (12) 309 0 309 308 0 308 100 FSC Chairmanship 35 (2) 33 0 33 31 2 33 99 FSC Support 480 14 494 0 494 480 12 493 100 Communications Network 518 (54) 463 0 463 441 17 458 99 TOTAL 3,641 (64) 3,578 0 3,578 3,505 54 3,559 99

Human Resources Management HR Direction and Management 451 (38) 414 4 418 405 12 417 100 Personnel Management and Payroll Administration 1,052 (7) 1,045 0 1,045 1,040 3 1,044 100 Recruitment 611 (27) 584 0 584 578 2 579 99 Training Section 1,076 (9) 1,067 (4) 1,063 1,007 46 1,053 99 Common Staff Costs 1,890 64 1,954 0 1,954 1,939 0 1,939 99 TOTAL 5,080 (17) 5,064 0 5,064 4,969 64 5,032 99

Department of Management and Finance DMF Direction and Management 333 (24) 309 0 309 305 1 306 99 Conference and Language Services 4,821 (9) 4,812 0 4,812 4,660 33 4,693 98 Budget and Internal Control Services 664 (43) 621 0 621 618 0 618 99 Financial Accounting and Treasury Services 918 (115) 803 0 803 797 2 799 99 Information and Communication Technology Services 2,040 (37) 2,003 0 2,003 1,954 9 1,964 98 Mission Support Services 1,637 (144) 1,493 0 1,493 1,479 4 1,483 99 Secretariat Common Operational Costs 3,216 (65) 3,152 0 3,152 3,122 6 3,128 99 Prague Office 404 (25) 378 0 378 362 0 362 96 TOTAL 14,033 (462) 13,571 0 13,571 13,297 55 13,352 98

TOTAL FOR THE SECRETARIAT 33,238 (837) 32,402 0 32,402 31,838 258 32,095 99

10 Budget and Expenditure Report as at 31 December 2011

Office for Democratic Institutions and Human Rights Direction and Policy 1,268 (39) 1,229 0 1,229 1,223 1 1,225 100 Fund Administration Unit 2,045 (123) 1,922 0 1,922 1,912 4 1,916 100 Common Operational Costs 900 (92) 808 0 808 790 2 792 98 Human Dimension Meetings 662 (70) 592 0 592 583 0 583 99 Democratization 1,435 (25) 1,411 0 1,411 1,408 2 1,410 100 Human Rights 1,157 (31) 1,126 0 1,126 1,123 0 1,123 100 Elections 6,525 123 6,647 0 6,647 6,608 14 6,622 100 Tolerance and Non-Discrimination 1,262 (26) 1,235 0 1,235 1,224 8 1,232 100 Roma and Sinti Issues 551 (5) 546 0 546 531 15 546 100 TOTAL 15,804 (288) 15,516 0 15,516 15,405 45 15,449 100

High Commissioner on National Minorities Fund Administration Unit 367 (4) 363 0 363 363 0 363 100 Common Operational Costs 185 (19) 166 0 166 164 0 164 99 Office of the High Commissioner 2,813 (32) 2,781 0 2,781 2,753 0 2,753 99 TOTAL 3,365 (54) 3,310 0 3,310 3,280 0 3,280 99

Representative on Freedom of the Media Freedom of the Media 1,429 (15) 1,414 0 1,414 1,402 12 1,414 100 TOTAL 1,429 (15) 1,414 0 1,414 1,402 12 1,414 100

TOTAL FOR FUNDS RELATED TO THE SECRETARIAT AND INSTITUTIONS 53,837 (1,195) 52,642 0 52,642 51,924 315 52,239 99

11 Budget and Expenditure Report as at 31 December 2011

II. FUNDS RELATED TO OSCE FIELD OPERATIONS

AUGMENTATIONS

Secretariat Augmentations Press and Public Information 260 (54) 206 0 206 202 0 202 98 Internal Oversight 279 (100) 179 0 179 173 1 174 97 Policy Support Service 391 (12) 379 0 379 377 0 378 100 Operations Service 169 (6) 163 0 163 162 1 162 100 Personnel Management and Payroll Administration 297 45 341 0 341 339 1 340 100 Recruitment 490 (68) 421 0 421 414 5 420 100 Budget and Internal Control Services 374 (9) 364 0 364 363 1 363 100 Financial Accounting and Treasury Services 512 26 538 0 538 531 6 537 100 Information and Communication Technology Services 1,361 16 1,376 0 1,376 1,365 11 1,376 100 Mission Support Service 1,048 32 1,080 0 1,080 1,075 5 1,080 100 TOTAL 5,179 (131) 5,048 0 5,048 5,001 31 5,032 100

ODIHR Augmentations ODIHR Democratization 235 (28) 207 0 207 207 0 207 100 TOTAL 235 (28) 207 0 207 207 0 207 100

TOTAL FOR AUGMENTATIONS 5,414 (160) 5,255 0 5,255 5,208 31 5,239 100

SOUTH-EASTERN EUROPE

Mission in Kosovo Office of Head of Mission 3,619 190 3,808 0 3,808 3,731 75 3,806 100 Fund Administration Unit 3,104 140 3,243 25 3,268 3,134 133 3,267 100 Common Operational Costs 4,605 (309) 4,297 (25) 4,272 4,210 38 4,248 99 Security and Public Safety 1,280 28 1,308 0 1,308 1,290 16 1,306 100 Democratization 3,093 (61) 3,033 0 3,033 2,976 41 3,017 99 Human Rights and Communities 6,906 12 6,918 0 6,918 6,824 92 6,916 100 TOTAL 22,606 0 22,606 0 22,606 22,165 395 22,559 100

12 Budget and Expenditure Report as at 31 December 2011

Tasks in Bosnia and Herzegovina Office of Head of Mission 1,730 (7) 1,724 0 1,724 1,722 1 1,723 100 Fund Administration Unit 1,963 32 1,995 0 1,995 1,990 0 1,990 100 Common Operational Costs 3,142 (27) 3,115 0 3,115 3,090 10 3,100 100 Security Co-operation 682 3 684 0 684 682 0 682 100 Human Dimension 7,255 (120) 7,135 0 7,135 7,125 1 7,126 100 TOTAL FOR BIH 14,773 (120) 14,653 0 14,653 14,609 12 14,621 100

Regional Stabilization/Arms Control Implementation of Article IV 206 5 211 0 211 205 5 211 100 TOTAL REGIONAL STABILIZ. / ARMS CONTROL 206 5 211 0 211 205 5 211 100

GRAND TOTAL 14,979 (115) 14,864 0 14,864 14,814 17 14,832 100

Office in Zagreb Office of Head of Mission 194 (4) 190 0 190 190 0 190 100 Fund Administration Unit 258 (22) 236 0 236 235 1 236 100 Common Operational Costs 518 (30) 488 0 488 487 0 488 100 War Crimes Monitoring 344 10 354 0 354 354 0 354 100 Housing Care Implementation 150 1 151 0 151 151 0 151 100 TOTAL 1,464 (45) 1,419 0 1,419 1,417 1 1,418 100

Mission to Serbia Office of Head of Mission 1,000 0 1,000 0 1,000 995 4 999 100 Fund Administration Unit 769 1 770 0 770 769 1 770 100 Common Operational Costs 1,406 (2) 1,404 0 1,404 1,381 11 1,392 99 Police Affairs 1,656 (29) 1,626 0 1,626 1,589 4 1,593 98 Democratization 1,195 (12) 1,183 0 1,183 1,175 1 1,176 99 Media 405 (3) 402 0 402 401 0 401 100 Rule of Law and Human Rights 1,114 (14) 1,099 0 1,099 1,095 0 1,095 100 TOTAL 7,544 (60) 7,484 0 7,484 7,404 21 7,426 99

13 Budget and Expenditure Report as at 31 December 2011

Presence in Albania Office of Head of Mission 691 19 710 0 710 700 10 709 100 Fund Administration Unit 422 0 423 0 423 420 2 422 100 Common Operational Costs 873 (40) 833 0 833 818 10 828 99 Security Co-operation 230 5 235 0 235 235 0 235 100 Governance in Economic and Environmental Issues 260 (3) 257 0 257 257 0 257 100 Democratization 398 (4) 394 0 394 392 0 393 100 Rule of Law and Human Rights 319 (7) 311 0 311 311 0 311 100 TOTAL 3,191 (29) 3,162 0 3,162 3,132 23 3,155 100

Mission to Skopje Office of Head of Mission 1,583 43 1,627 0 1,627 1,624 1 1,625 100 Fund Administration Unit 1,059 (25) 1,034 0 1,034 1,034 0 1,034 100 Common Operational Costs 1,168 (19) 1,148 0 1,148 1,136 7 1,142 99 Police Development 1,414 9 1,423 0 1,423 1,420 3 1,422 100 Good Governance 621 (2) 619 0 619 617 0 617 100 Rule of Law 1,206 (39) 1,167 0 1,167 1,160 0 1,160 99 TOTAL 7,051 (33) 7,018 0 7,018 6,990 11 7,000 100

Mission to Montenegro Office of Head of Mission 337 (1) 336 0 336 330 0 330 98 Fund Administration Unit 252 6 258 0 258 257 0 257 100 Common Operational Costs 432 (12) 419 0 419 404 1 405 97 Police Affairs 465 (12) 454 0 454 451 0 451 99 Politico-Military Activities 44 (1) 43 0 43 40 0 40 94 Democratization 448 (13) 436 0 436 422 0 422 97 Media 121 (3) 118 0 118 115 0 115 97 Rule of Law and Human Rights 277 (2) 275 0 275 271 0 271 98 TOTAL 2,376 (38) 2,338 0 2,338 2,289 1 2,291 98

TOTAL FOR SOUTH-EASTERN EUROPE 59,211 (320) 58,892 0 58,892 58,211 469 58,680 100

14 Budget and Expenditure Report as at 31 December 2011

EASTERN EUROPE

Mission to Moldova Office of Head of Mission 378 (14) 364 (1) 363 362 0 362 100 Fund Administration Unit 208 (22) 186 0 186 186 0 186 100 Common Operational Costs 444 5 449 1 450 448 1 450 100 Conflict Prevention/Resolution 487 (14) 473 0 473 479 0 479 101 Human Rights Monitoring/Democratization 294 (8) 286 0 286 286 0 286 100 Anti-Trafficking/Gender 272 (10) 262 0 262 260 0 260 99 TOTAL 2,084 (63) 2,021 0 2,021 2,021 1 2,022 100

Project Co-ordinator in Ukraine Office of Head of Mission 213 (18) 195 0 195 195 0 195 100 Fund Administration Unit 272 21 293 0 293 293 0 293 100 Common Operational Costs 397 (35) 362 0 362 361 1 362 100 Democratization and Good Governance 265 (131) 134 0 134 134 0 134 100 Rule of Law and Human Rights 872 (101) 771 0 771 772 0 772 100 Economic, Environmental and Politico-Military Projects 734 (117) 617 0 617 617 0 617 100 TOTAL 2,752 (380) 2,372 0 2,372 2,371 2 2,373 100

Office in Minsk Office of Head of Mission 199 (135) 63 0 63 63 0 63 100 Fund Administration Unit 144 (78) 66 0 66 66 0 66 100 Common Operational Costs 187 (152) 35 0 35 33 0 33 96 Economic and Environmental Activities 270 (257) 13 0 13 14 0 14 110 Institution-Building, Rule of Law and Civil Society 360 (339) 20 0 20 20 0 20 100 TOTAL 1,159 (962) 196 0 196 196 0 196 100

Representative to the Latvian-Russian Joint Commission on Military Pensioner Office of Head of Mission 9 (2) 7 0 7 7 0 7 100 TOTAL 9 (2) 7 0 7 7 0 7 100

TOTAL FOR EASTERN EUROPE 6,004 (1,407) 4,597 0 4,597 4,595 3 4,598 100

15 Budget and Expenditure Report as at 31 December 2011

CAUCASUS

Office in Yerevan Office of Head of Mission 289 (14) 275 0 275 273 1 273 99 Fund Administration Unit 203 (2) 201 0 201 200 1 201 100 Common Operational Costs 393 (49) 345 0 345 338 1 339 98 Politico-Military Activities 531 (98) 433 0 433 425 0 425 98 Economic and Environmental Activities 501 6 507 0 507 501 0 501 99 Democratization 266 13 279 0 279 278 0 278 100 Human Rights 298 10 308 0 308 303 0 303 98 Good Governance 329 23 352 0 352 349 0 349 99 TOTAL 2,809 (109) 2,700 0 2,700 2,666 3 2,669 99

Office in Baku Office of Head of Mission 227 (3) 223 0 223 221 1 222 99 Fund Administration Unit 220 52 271 0 271 269 2 270 100 Common Operational Costs 554 5 559 (2) 557 550 2 551 99 Politico-Military Activities 614 (29) 586 0 586 584 1 585 100 Economic and Environmental Activities 370 (7) 363 0 363 357 1 357 99 Democratization 410 (9) 401 0 401 396 3 399 100 Rule of Law and Human Rights 442 (20) 423 2 424 422 2 424 100 TOTAL 2,836 (10) 2,826 0 2,826 2,798 11 2,809 99

High Level Planning Group Office of Head of Mission 245 (84) 161 0 161 161 0 161 100 TOTAL 245 (84) 161 0 161 161 0 161 100

The Minsk Process Office of Head of Mission 953 0 953 0 953 504 12 516 54 TOTAL 953 0 953 0 953 504 12 516 54

Personal Representative of the CiO on the Conflict Dealt with by the Minsk Conference Office of Head of Mission 581 (13) 567 0 567 563 4 567 100 Fund Administration Unit 193 13 207 0 207 207 0 207 100 Common Operational Costs 381 0 381 0 381 378 3 381 100 TOTAL 1,155 0 1,155 0 1,155 1,147 7 1,155 100

TOTAL FOR CAUCASUS 7,999 (204) 7,796 0 7,796 7,276 35 7,311 94

16 Budget and Expenditure Report as at 31 December 2011

CENTRAL ASIA

Centre in Astana Office of Head of Mission 244 (19) 225 0 225 219 2 221 98 Fund Administration Unit 249 2 251 0 251 233 18 251 100 Common Operational Costs 364 (18) 345 0 345 336 4 340 99 Politico-Military Activities 445 (1) 445 0 445 425 7 432 97 Economic and Environmental Activities 451 10 461 0 461 445 6 451 98 Human Dimension Activities 451 (13) 437 0 437 407 8 415 95 TOTAL 2,204 (40) 2,164 0 2,164 2,066 45 2,111 98

Centre in Ashgabat Office of Head of Mission 256 (22) 234 0 234 233 0 233 99 Fund Administration Unit 165 (24) 142 0 142 140 2 141 100 Common Operational Costs 262 (19) 243 0 243 238 4 242 99 Conflict Prevention and Confidence and Security Building 260 (32) 228 0 228 225 2 227 99 Economic and Environmental Activities 211 (24) 187 0 187 185 0 185 99 Human Dimension Activities 247 (1) 246 0 246 245 0 245 99 TOTAL 1,402 (122) 1,280 0 1,280 1,266 7 1,273 99

Centre in Bishkek Office of Head of Mission 1,041 (21) 1,020 0 1,020 1,018 1 1,019 100 Fund Administration Unit 423 13 437 0 437 435 1 436 100 Common Operational Costs 747 (25) 722 0 722 709 4 713 99 Politico-Military Activities 1,401 27 1,428 0 1,428 1,426 1 1,427 100 Economic and Environmental Activities 960 (29) 932 0 932 926 2 929 100 Human Dimension Activities 1,056 55 1,111 0 1,111 1,108 1 1,109 100 Police Reform Programme 1,138 (20) 1,118 0 1,118 1,107 3 1,110 99 TOTAL 6,768 0 6,768 0 6,768 6,729 14 6,743 100

Project Co-ordinator in Uzbekistan Office of Head of Mission 174 (6) 168 0 168 166 0 167 99 Fund Administration Unit 95 (4) 91 0 91 91 1 91 100 Common Operational Costs 252 3 255 0 255 252 0 252 99 Politico-Military Activities 407 (9) 399 0 399 396 0 396 99 Economic and Environmental Activities 524 5 529 0 529 526 1 527 100 Human Dimension Activities 500 (29) 471 0 471 468 1 469 100 TOTAL 1,952 (40) 1,912 0 1,912 1,898 4 1,902 99 17 Budget and Expenditure Report as at 31 December 2011

Office in Tajikistan Office of Head of Mission 1,036 (59) 977 0 977 975 2 977 100 Fund Administration Unit 477 (29) 448 0 448 436 9 445 99 Common Operational Costs 1,376 89 1,465 0 1,465 1,438 21 1,458 100 Political and Military Aspects of Security 1,126 45 1,171 0 1,171 1,169 0 1,169 100 Economic and Environmental Activities 951 (100) 851 0 851 841 0 841 99 Human Dimension Activities 1,009 (59) 950 0 950 948 1 950 100 TOTAL 5,975 (114) 5,861 0 5,861 5,807 33 5,840 100

TOTAL FOR CENTRAL ASIA 18,300 (315) 17,984 0 17,984 17,766 104 17,869 99

TOTAL FOR FUNDS RELATED TO THE OSCE FIELD OPERATIONS 96,928 (2,405) 94,523 0 94,523 93,055 642 93,697 99

TOTAL OSCE UNIFIED BUDGET 150,765 (3,600) 147,165 0 147,165 144,979 957 145,936 99

18 Chapter III – Financial Statements STATEMENT 1: OSCE Consolidated Statement of Income, Expenditure and Changes in Fund Balance for the Year Ending 31 December 2011

EUR '000 TOTAL OSCE Note 2011 2010 Assessed Contributions 1.5 147,165 151,524 Extra-Budgetary Contributions 15 17,186 24,563 Miscellaneous Income 1.5 1,235 703 Currency Exchange Adjustments 1.11 (85) 643 Savings on Prior Year Unliquidated Obligations 9 1,153 1,343 Other Adjustments 16 (199) 114 TOTAL INCOME 1.5 166,454 178,891

TOTAL EXPENDITURE 1.6 173,095 168,686

EXCESS OF INCOME OVER EXPENDITURE (6,641) 10,204

Transfer between Funds 0 1,890 Less Credits to Participating States/Transfers 1.7 (4,894) (10,173) Refund of Unspent XB Contributions to Donors (876) (2,083)

Fund Balance as at 1 January 60,244 60,406 Fund Balance as at 31 December 1.8 47,833 60,244

STATEMENT 2: OSCE Consolidated Statement of Assets, Liabilities and Fund Balance as at 31 December 2011

EUR '000 TOTAL OSCE

ASSETS Note 2011 2010 Current Assets Cash and Short-term Deposits Budgetary 3 28,503 25,416 Cash and Short-term Deposits Extra-Budgetary 3 35,725 50,133 Assessed Contributions Receivable 4.1 8,929 8,598 Allowance for Assessed Contributions Receivable 4.3 (4,898) 0 Accounts Receivable 5 2,524 2,400 Prepaid Expenses and Advances 6 2,210 5,210 72,993 91,757 Non-Current Assets Other Non-Current Assets 7 273 0 273 0 TOTAL ASSETS 73,266 91,757

LIABILITIES Current Liabilities Accounts Payable 8 4,189 3,807 Reserve for Unliquidated Obligations 9 7,828 9,572 Funds Held for Third Parties 10 3,799 3,673 Contributions Received in Advance 11 8,016 8,012 Other Current Liabilities 559 373 Current Employee Benefits 12.1 5,078 866 29,469 26,303 Non-Current Liabilities Non-Current Employee Benefits 12.2 2,608 0 2,608 0 TOTAL LIABILITIES 32,077 26,303

RESERVES AND FUND BALANCE Unallocated Surplus 1.7 281 321 Revolving Fund 1.3 2,710 2,710 Contingency Fund 1.3 2,180 2,180 IPSAS Initial Adoption Reserve 1.9 (11,815) 0 Fund Balance 1.8 47,833 60,244 TOTAL RESERVES AND FUND BALANCE 41,189 65,455

TOTAL LIABILITIES, RESERVES AND FUND BALANCE 73,266 91,757

21 STATEMENT 3: OSCE Consolidated Statement of Cash Flow for the Year Ending 31 December 2011

EUR '000 TOTAL OSCE

2011 2010 NET EXCESS (SHORTFALL) OF INCOME OVER EXPENDITURE (6,641) 10,204

(Increase)/Decrease in Assessed Contributions Receivable (330) (2,028) Increase/(Decrease) in Allowance for Assessed Contributions Rec. 4,898 0 (Increase)/Decrease in Accounts Receivable (124) (175) (Increase)/Decrease in Prepaid Expenditure and Advances 2,999 (1,556) Increase/(Decrease) in Other Non-Current Assets (273) 0 Increase/(Decrease) in Contributions Received in Advance 3 (6,265) Increase/(Decrease) in Reserve for Unliquidated Obligations (1,744) (6,099) Increase/(Decrease) in Accounts Payable 382 1,155 Increase/(Decrease) in Other Current Liabilities 186 (159) Increase/(Decrease) in Current Employee Benefits 4,213 0 Increase/(Decrease) in Non-Current Employee Benefits 2,608 0 NET CASH FLOW FROM OPERATING ACTIVITIES 6,177 (4,922)

Increase/(Decrease) in Unallocated Surplus (40) (49) Increase/(Decrease) in Funds Held for Third Parties 127 (1,174) Credits to Participating States/Transfers (4,894) (10,173) Refund of Unspent Extra-Budgetary Contribution to Donors (876) (2,083) Transfer between Funds 0 1,890 Increase/(Decrease) in IPSAS Initial Adoption Reserve (11,815) 0 NET CASH FLOW FROM FINANCING ACTIVITIES (17,498) (11,589)

NET INCREASE/(DECREASE) IN CASH (11,321) (16,511)

22 STATEMENT 4: Summary of all OSCE Statement of Income, Expenditure and Changes in Fund Balance for the Year Ending 31 December 2011

Network Operating Total Extra-Budgetary Total Institutions Total Field Operations Total Unified Budget TOTAL OSCE EUR '000 System Funds

Note 2011 2010 2011 2010 2011 2010 2011 2010 2011 2010 2011 2010

Assessed Contributions 1.5 52,642 52,742 94,523 98,782 147,165 151,524 0 0 0 0 147,165 151,524

Extra-Budgetary Contributions 15 0 0 0 0 0 0 0 0 17,186 24,563 17,186 24,563 Miscellaneous Income 1.5 1,103 298 132 406 1,235 703 0 0 0 0 1,235 703 Currency Exchange Adjustments 1.11 (102) (214) (8) 122 (110) (93) 0 0 25 736 (85) 643 Savings on Prior Year Unliquidated Obligations 9 545 491 560 852 1,105 1,343 49 0 0 0 1,153 1,343 Other Adjustments 16 0 0 0 0 0 0 0 0 (199) 114 (199) 114

TOTAL INCOME 1.5 54,187 53,317 95,207 100,161 149,394 153,478 49 0 17,011 25,412 166,454 178,891

TOTAL EXPENDITURE 1.6 52,239 52,317 93,697 97,634 145,936 149,950 1,563 111 25,597 18,625 173,095 168,686

EXCESS OF INCOME OVER EXPENDITURE 1,949 1,000 1,510 2,528 3,459 3,528 (1,514) (111) (8,586) 6,787 (6,641) 10,204

Transfer between Funds 0 0 0 0 0 0 0 1,890 0 0 0 1,890 Less Credits to Participating States/Transfers 1.7 (2,604) (6,713) (2,290) (3,460) (4,894) (10,173) 0 0 0 0 (4,894) (10,173) Refund of Unspent XB Contributions to Donors 0 0 0 0 0 0 0 0 (876) (2,083) (876) (2,083)

Fund Balance as at 1 January 7,039 12,751 7,957 8,889 14,995 21,640 1,779 0 43,470 38,765 60,244 60,406 Fund Balance as at 31 December 1.8 6,383 7,039 7,177 7,957 13,560 14,995 265 1,779 34,008 43,470 47,833 60,244

23 STATEMENT 5: Summary of all OSCE Statement of Assets, Liabilities and Fund Balance as at 31 December 2011

Total Institutions Total Field Operations Total Unified Budget Network Operating System Total Extra-Budgetary Funds TOTAL OSCE EUR '000

ASSETS Note 2011 2010 2011 2010 2011 2010 2011 2010 2011 2010 2011 2010 Current Assets Cash and Short-term Dep. Budgetary 3 25,867 23,313 2,635 2,104 28,503 25,416 0 0 0 0 28,503 25,416 Cash and Short-term Dep. Extra-Budgetary 3 35,725 50,133 0 0 35,725 50,133 0 0 0 0 35,725 50,133 Assessed Contributions Receivable 4.1 4,277 4,050 4,651 4,540 8,929 8,590 0 0 0 0 8,929 8,590 Allowance for Assessed Contributions Receivable 4.3 (2,763) 0 (2,134) 0 (4,898) 0 0 0 0 0 (4,898) 0 Accounts Receivable 5 1,788 1,753 736 655 2,524 2,409 0 0 0 0 2,524 2,409 Prepaid Expenses and Advances 6 1,310 3,729 901 1,481 2,210 5,210 0 0 0 0 2,210 5,210 Due From Other Funds 46 78 4,668 6,657 4,714 6,734 395 1,831 37,934 47,201 43,042 55,766 66,250 83,055 11,457 15,437 77,707 98,492 395 1,831 37,934 47,201 116,035 147,524 Non-Current Assets Other Non-Current Assets 7 206 0 67 0 273 0 0 0 0 0 273 0 206 0 67 0 273 0 0 0 0 0 273 0 TOTAL ASSETS 66,456 83,055 11,524 15,437 77,980 98,492 395 1,831 37,934 47,201 116,308 147,524

LIABILITIES Current Liabilities Accounts Payable 8 2,227 1,594 1,961 2,213 4,189 3,807 0 0 0 0 4,189 3,807 Reserve for Unliquidated Obligations 9 1,500 2,434 2,514 3,513 4,014 5,947 130 52 3,684 3,573 7,828 9,572 Funds Held for Third Parties 10 3,779 3,656 20 17 3,799 3,673 0 0 0 0 3,799 3,673 Contributions Received in Advance 11 8,016 8,012 0 0 8,016 8,012 0 0 0 0 8,016 8,012 Due To Other Funds 41,726 54,654 1,316 1,111 43,042 55,766 0 0 0 0 43,042 55,766 Other Current Liabilities 208 20 109 195 317 215 0 0 241 158 559 373 Current Employee Benefits 12.1 1,529 434 3,548 431 5,077 866 0 0 0 0 5,077 866 58,985 70,804 9,468 7,480 68,454 78,286 130 52 3,925 3,731 72,510 82,069 Non-Current Liabilities Non-Current Employee Benefits 12.2 2,131 0 459 0 2,590 0 0 19 2,608 0 2,131 0 459 0 2,590 0 0 0 19 0 2,608 0 TOTAL LIABILITIES 61,116 70,804 9,927 7,480 71,044 78,286 130 52 3,944 3,731 75,118 82,069

RESERVES AND FUND BALANCE Unallocated Surplus 1.7 281 321 0 0 281 321 0 0 0 0 281 321 Revolving Fund 1.3 2,710 2,710 0 0 2,710 2,710 0 0 0 0 2,710 2,710 Contingency Fund 1.3 2,180 2,180 0 0 2,180 2,180 0 0 0 0 2,180 2,180 IPSAS Initial Adoption Reserve 1.9 (6,215) 0 (5,580) 0 (11,795) 0 0 0 (19) 0 (11,815) 0 Fund Balance 1.8 6,383 7,039 7,177 7,957 13,560 14,995 265 1,779 34,008 43,470 47,833 60,244 TOTAL RESERVES AND FUND BALANCE 5,339 12,250 1,597 7,957 6,936 20,206 265 1,779 33,989 43,470 41,189 65,455

TOTAL LIABILITIES, RESERVES AND FUND BALANCE 66,456 83,055 11,524 15,437 77,980 98,492 395 1,831 37,934 47,201 116,308 147,524

24 STATEMENT 6: Summary of all OSCE Statement of Cash Flow

for the Year Ending 31 December 2011

Total Network Total Extra- TOTAL Total Field Operations Total Unified Budget Institutions Operating System Budgetary Funds OSCE EUR '000

2011 2010 2011 2010 2011 2010 2011 2010 2011 2010 2011 2010

EXCESS (SHORTFALL) OF INCOME OVER EXPENDITURE 1,949 1,000 1,511 2,528 3,460 3,528 (1,514) (111) (8,586) 6,787 (6,641) 10,204

(Increase)/Decrease in Assessed Contributions Receivable (219) (619) (111) (1,401) (330) (2,019) 0 0 0 0 (330) (2,019) Increase/(Decrease) in Allowance for Assessed Contributions Receivable 2,763 0 2,134 0 4,897 0 0 0 0 0 4,898 0 (Increase)/Decrease in Accounts Receivable (42) 14 (82) (198) (124) (183) 0 0 0 0 (124) (183) (Increase)/Decrease in Prepaid Expenditure and Advances 2,418 (1,510) 580 (45) 2,998 (1,556) 0 0 0 0 2,999 (1,556) Increase/(Decrease) in Other Non-Current Assets (206) 0 (66) 0 (272) 0 0 0 0 0 (273) 0 (Increase)/Decrease in Inter-Fund Balances Receivable 31 1,183 1,989 4,091 2,020 5,274 1,436 (1,831) 9,266 (1,518) 12,722 1,925 Increase/(Decrease) in Contributions Received in Advance 3 (5,856) 0 (409) 3 (6,265) 0 0 0 0 3 (6,265) Increase/(Decrease) in Reserve for Unliquidated Obligations (934) (772) (999) (2,141) (1,933) (2,913) 78 52 111 (3,238) (1,744) (6,099) Increase/(Decrease) in Accounts Payable 633 190 (251) 964 382 1,155 0 0 0 0 382 1,155 Increase/(Decrease) in Other Current Liabilities 188 (189) (86) (21) 102 (210) 0 0 84 52 186 (159) Increase/(Decrease) in Inter-Fund Balances Payable (12,928) (1,138) 206 (787) (12,722) (1,925) 0 0 0 0 (12,722) (1,925) Increase/(Decrease) in Current Employee Benefits 1,095 0 3,117 0 4,212 0 0 0 0 0 4,212 0 Increase/(Decrease) in Non-Current Employee Benefits 2,131 0 459 0 2,590 0 0 0 19 0 2,608 0 NET CASH FLOW FROM OPERATING ACTIVITIES (3,118) (7,697) 8,401 2,581 5,283 (5,114) 0 (1,890) 894 2,083 6,176 (4,922)

(Increase)/Decrease in Unallocated Surplus (40) (49) 0 0 (40) (49) 0 0 0 0 (40) (49) Increase/(Decrease) in Funds Held for Third Parties 123 (1,163) 4 (11) 127 (1,174) 0 0 0 0 127 (1,174) Credits to Participating States/ Transfers (2,604) (6,713) (2,290) (3,460) (4,894) (10,173) 0 0 0 0 (4,894) (10,173) Refund of Unspent Extra-Budgetary Contribution to Donors 0 0 0 0 0 0 0 0 (876) (2,083) (876) (2,083) Transfer between Funds 0 0 0 0 0 0 0 1,890 0 0 0 1,890 Increase/(Decrease) in IPSAS Initial Adoption Reserve (6,215) 0 (5,580) 0 (11,796) 0 0 0 (19) 0 (11,815) 0 NET CASH FLOW FROM FINANCING ACTIVITIES (8,736) (7,925) (7,866) (3,471) (16,603) (11,396) 0 1,890 (895) (2,083) (17,497) (11,589)

NET INCREASE/(DECREASE) IN CASH (11,854) (15,622) 534 (890) (11,320) (16,510) 0 0 (1) 0 (11,321) (16,511)

25 STATEMENT 7: Summary of all OSCE Statement of Cash Surplus* for the Year Ending 31 December 2011

Total Institutions Total Field Operations Total Unified Budget

EUR '000 2011 2010 2011 2010 2011 2010

EXCESS OF INCOME OVER EXPENDITURE 1,949 1,000 1,510 2,528 3,459 3,528 Add Contributions Receivable as at 1 January 4,058 3,431 4,540 3,139 8,598 6,571 Less Contributions Receivable as at 31 December (4,277) (4,058) (4,652) (4,540) (8,929) (8,598) CASH SURPLUS FOR THE YEAR 1,730 374 1,398 1,127 3,128 1,500

Cash Surplus as at 1 January 2,981 9,320 3,417 5,750 6,397 15,070 Less Credits to Participating States/Transfers (2,604) (6,713) (2,290) (3,460) (4,894) (10,173) Cash Surplus as at 31 December 2,106 2,981 2,525 3,417 4,631 6,397

Add Contributions Receivable as at 31 December 4,277 4,058 4,652 4,540 8,929 8,598 Fund Balance as at 31 December 6,383 7,039 7,177 7,957 13,560 14,995

* See Note 1.7

26 STATEMENT 8:OSCE Secretariat and Institutions, Statement of Income, Expenditure and Changes in Fund Balance for the Year Ending 31 December 2011

Office for High Representative on Democratic Commissioner on Total Secretariat and The Secretariat Freedom of the Institutions and National Institutions Media Human Rights Minorities EUR '000

Note 2011 2010 2011 2010 2011 2010 2011 2010 2011 2010 Assessed Contributions 1.5 32,402 32,332 15,516 15,704 3,310 3,314 1,414 1,393 52,642 52,742 Miscellaneous Income 1.5 1,082 286 21 10 0 0 0 2 1,103 298 Currency Exchange Adjustments 1.11 (56) (75) (45) (137) 0 (1) 0 0 (102) (214) Savings on Prior Year Unliquidated Obligations 9 465 289 71 185 0 8 9 9 545 491

TOTAL INCOME 1.5 33,893 32,832 15,563 15,762 3,310 3,321 1,423 1,404 54,188 53,317

TOTAL EXPENDITURE 1.6 32,095 31,998 15,449 15,622 3,280 3,312 1,414 1,385 52,239 52,317

EXCESS OF INCOME OVER EXPENDITURE 1,798 834 114 140 30 9 9 19 1,949 1,000

Less Credits to Participating States/Transfers 1.7 (2,512) (6,637) (81) (52) (5) 3 (6) (27) (2,604) (6,713)

Fund Balance as at 1 January 5,525 11,329 1,181 1,093 227 216 105 114 7,039 12,751 Fund Balance as at 31 December 1.8 4,811 5,526 1,214 1,181 252 228 108 106 6,384 7,038

27 STATEMENT 9: OSCE Secretariat and Institutions, Statement of Asset, Liabilities and Fund Balance as at 31 December 2011

Office for Democratic High Commissioner on Representative on Total Secretariat and The Secretariat Institutions and Human National Minorities Freedom of the Media Institutions Rights EUR '000

ASSETS Note 2011 2010 2011 2010 2011 2010 2011 2010 2011 2010 Current Assets Cash and Short-term Deposit Budgetary 3 24,962 22,416 754 777 152 119 0 0 25,867 23,312 Cash and Short-term Deposit Extra-Budgetary 3 35,725 50,133 0 0 0 0 0 0 35,725 50,133 Assessed Contributions Receivable 4.1 2,670 2,542 1,228 1,163 270 253 108 100 4,277 4,058 Allowance for Assessed Contributions Receivable 4.3 (1,742) 0 (780) 0 (174) 0 (67) 0 (2,763) 0 Accounts Receivable 5 1,684 1,635 85 90 20 20 0 0 1,789 1,745 Prepaid Expenses and Advances 6 552 2,065 577 1,470 182 193 0 0 1,310 3,728 Due From Other Funds 0 0 0 0 0 0 46 78 46 78 63,851 78,791 1,864 3,501 450 584 87 178 66,251 83,054 Non-Current Assets Other Non-Current Assets 7 170 0 36 0 0 0 0 0 206 0 170 0 36 0 0 0 0 0 206 0 TOTAL ASSETS 64,021 78,791 1,900 3,501 450 584 87 178 66,457 83,054

LIABILITIES Current Liabilities Accounts Payable 8 1,241 1,019 899 518 90 57 (3) 0 2,227 1,594 Reserve for Unliquidated Obligations 9 1,077 1,548 376 840 2 9 45 37 1,500 2,434 Funds Held for Third Parties 10 3,601 3,479 178 177 0 0 0 0 3,779 3,656 Contributions Received in Advance 11 8,016 8,012 0 0 0 0 0 0 8,016 8,012 Due To Other Funds 41,483 53,632 (21) 732 267 291 0 0 41,728 54,655 Other Current Liabilities 195 20 0 0 12 0 0 0 207 20 Current Employee Benefits 12.1 1,141 345 288 54 65 0 36 36 1,530 435 56,754 68,055 1,720 2,320 436 357 78 73 58,987 70,805 Non-Current Liabilities Non-Current Employee Benefits 12.2 1,580 0 345 0 160 0 47 0 2,131 0 1,580 0 345 0 160 0 47 0 2,131 0 TOTAL LIABILITIES 58,334 68,055 2,065 2,320 596 357 125 73 61,118 70,805

RESERVES AND FUND BALANCE Unallocated surplus 1.7 281 321 0 0 0 0 0 0 281 321 Revolving Fund 1.3 2,710 2,710 0 0 0 0 0 0 2,710 2,710 Contingency Fund 1.3 2,180 2,180 0 0 0 0 0 0 2,180 2,180 IPSAS Initial Adoption Reserve 1.9 (4,292) 0 (1,378) 0 (398) 0 (146) 0 (6,215) 0 Fund Balance 1.8 4,809 5,525 1,213 1,181 252 227 108 105 6,383 7,038 TOTAL RESERVES AND FUND BALANCE 5,688 10,736 (168) 1,181 (147) 227 (38) 105 5,339 12,249

TOTAL LIABILITIES, RESERVES AND FUND BALANCE 64,021 78,791 1,900 3,501 450 584 87 178 66,457 83,054

28 STATEMENT 10: Secretariat and Institutions, Statement of Cash Flow for the Year Ending 31 December 2011

Office for Democratic High Commissioner on Representative on Total Secretariat and The Secretariat Institutions and Human National Minorities Freedom of the Media Institutions EUR '000 Rights

2011 2010 2011 2010 2011 2010 2011 2010 2011 2010

EXCESS (SHORTFALL) OF INCOME OVER EXPENDITURE 1,796 834 113 140 30 9 9 18 1,949 1,000

(Increase)/Decrease in Assessed Contributions Receivable (128) (366) (65) (203) (17) (39) (9) (19) (219) (627) Increase/(Decrease) in Allowance for Assessed Contributions Receivable 1,742 0 780 0 174 0 67 0 2,763 0 (Increase)/Decrease in Accounts Receivable (48) 18 6 10 0 (5) 0 0 (42) 23 (Increase)/Decrease in Prepaid Expenditure and Advances 1,514 (412) 892 (1,112) 11 14 0 0 2,418 (1,510) Increase/(Decrease) in Other Non-Current Assets (170) 0 (36) 0 0 0 0 0 (206) 0 (Increase)/Decrease in Inter-Fund Balances Receivable 0 0 0 1,146 0 0 31 37 31 1,183 Increase/(Decrease) in Contributions Received in Advance 3 (5,856) 0 0 0 0 0 0 3 (5,856) Increase/(Decrease) in Reserve for Unliquidated Obligations (472) (312) (463) (412) (7) (40) 8 (8) (934) (772) Increase/(Decrease) in Accounts Payable 221 371 382 (108) 33 (72) (3) (1) 633 190 Increase/(Decrease) in Other Current Liabilities 177 (188) 0 (1) 11 0 0 0 188 (189) Increase/(Decrease) in Inter-Fund Balances Payable (12,149) (2,010) (753) 732 (24) 140 0 0 (12,926) (1,138) Increase/(Decrease) in Current Employee Benefits 796 0 234 0 64 0 1 0 1,095 0 Increase/(Decrease) in Non-Current Employee Benefits 1,580 0 345 0 160 0 47 0 2,131 0 NET CASH FLOW FROM OPERATING ACTIVITIES (5,138) (7,921) 1,435 192 435 7 151 27 (3,116) (7,696)

Increase/(Decrease) in Unallocated Surplus (40) (49) 0 0 0 0 0 0 (40) (49) Increase/(Decrease) in Funds Held for Third Parties 122 (1,162) 1 (1) 0 0 0 0 123 (1,163) Credits to Participating States/Transfers (2,512) (6,637) (81) (52) (5) 3 (6) (27) (2,604) (6,713) Increase/(Decrease) in IPSAS Initial Adoption Reserve (4,292) 0 (1,378) 0 (398) 0 (146) 0 (6,215) 0 NET CASH FLOW FROM FINANCING ACTIVITIES (6,722) (7,849) (1,458) (53) (403) 3 (152) (27) (8,736) (7,926)

NET INCREASE/(DECREASE) IN CASH (11,860) (15,770) (23) 139 32 10 (1) 0 (11,852) (15,621)

29 STATEMENT 11: Secretariat and Institutions, Statement of Cash Surplus* for the Year Ending 31 December 2011

Office for Democratic High Commissioner Representative on Total Secretariat and The Secretariat Institutions on National Minorities Freedom of the Media Institutions and Human Rights EUR '000

2011 2010 2011 2010 2011 2010 2011 2010 2011 2010 EXCESS OF INCOME OVER EXPENDITURE 1,796 834 113 140 30 9 9 18 1,949 1,000 Add Contributions Receivable as at 1 January 2,542 2,176 1,163 960 253 214 100 81 4,058 3,431 Less Contributions Receivable as at 31 December (2,670) (2,542) (1,228) (1,163) (270) (253) (108) (100) (4,277) (4,058) CASH SURPLUS FOR THE YEAR 1,668 468 48 (64) 13 (31) 0 0 1,730 374

Cash Surplus as at 1 January 2,983 9,152 18 133 (26) 2 5 33 2,981 9,320 Less Credits to Participating States/Transfers (2,512) (6,637) (81) (52) (5) 3 (6) (27) (2,604) (6,713) Cash Surplus as at 31 December 2,139 2,983 (15) 18 (17) (26) 0 5 2,106 2,981

Add Contributions Receivable as at 31 December 2,670 2,542 1,228 1,163 270 253 108 100 4,277 4,058 Fund Balance as at 31 December 4,809 5,525 1,213 1,181 252 227 108 105 6,383 7,039

* See Note 1.7

30 STATEMENT 12: Summary by Region OSCE Field Operations Statement of Income, Expenditure and Changes in Fund Balance for the Year Ending 31 December 2011

South-Eastern GRAND Augmentations* Eastern Europe Caucasus Central Asia Total Regions Closed Funds Europe TOTAL EUR '000

Note 2011 2010 2011 2010 2011 2010 2011 2010 2011 2010 2011 2010 2011 2010 2011 2010 Assessed Contributions 1.5 5,255 5,195 58,892 61,912 4,597 5,775 7,796 7,806 17,984 18,094 94,523 98,782 0 0 94,523 98,782 Miscellaneous Income 1.5 0 0 57 339 27 10 14 57 34 0 132 406 0 0 132 406 Currency Exchange Adjustments 1.11 0 0 44 56 6 119 (25) (13) (33) (41) (8) 122 0 0 (8) 122 Savings on Prior Year Unliquidated Obligations 9 1 8 304 480 40 18 43 257 173 88 560 852 0 0 560 852

TOTAL INCOME 1.5 5,255 5,203 59,296 62,787 4,669 5,923 7,828 8,107 18,158 18,141 95,207 100,161 0 0 95,207 100,161

TOTAL EXPENDITURE 1.6 5,239 5,048 58,680 61,618 4,598 5,525 7,311 7,442 17,869 18,000 93,697 97,634 0 0 93,697 97,634

EXCESS OF INCOME OVER EXPENDITURE 17 155 616 1,169 71 398 517 666 289 141 1,510 2,528 0 0 1,510 2,528

Transfers between Funds 0 0 0 0 0 0 0 (2,186) 0 0 0 (2,186) 0 2,186 0 0 Less Credits to Participating States/Transfers 1.7 27 (73) (1,191) (1,330) 87 (210) (62) (655) (292) (575) (1,431) (2,843) (859) (617) (2,290) (3,460)

Fund Balance as at 1 January 163 81 4,010 4,170 467 279 726 2,902 780 1,215 6,145 8,647 1,812 242 7,957 8,889 Fund Balance as at 31 December 1.8 206 163 3,435 4,010 625 467 1,181 726 776 780 6,224 6,145 953 1,812 7,177 7,957

* See Note 1.3

31 STATEMENT 13: Summary by Region OSCE Field Operations Statement of Assets, Liabilities and Fund Balance as at 31 December 2011

South-Eastern Augmentations* Eastern Europe Caucasus Central Asia Total Regions Closed Funds GRAND TOTAL EUR '000 Europe

ASSETS Note 2011 2010 2011 2010 2011 2010 2011 2010 2011 2010 2011 2010 2011 2010 2011 2010 Current Assets Cash and Short-term Deposit Budgetary 3 0 0 1,144 811 71 143 324 340 1,096 810 2,635 2,104 0 0 2,635 2,104 Assessed Contributions Receivable 4 158 128 2,797 2,692 217 237 345 315 710 682 4,227 4,054 424 486 4,651 4,540 Allowance for Assessed Contributions Receivable 4 (20) 0 (1,209) 0 (110) 0 (140) 0 (231) 0 (1,710) 0 (424) 0 (2,134) 0 Accounts Receivable 5 0 0 566 499 147 110 0 0 23 46 736 655 0 0 736 655 Prepaid Expenses and Advances 6 0 0 404 621 18 195 176 197 303 468 901 1,481 0 0 901 1,481 Due From Other Funds 189 61 1,745 3,074 374 265 669 365 809 1,213 3,786 4,978 882 1,678 4,668 6,656 327 190 5,448 7,697 717 950 1,374 1,217 2,710 3,219 10,576 13,272 882 2,165 11,457 15,437 Non-Current Assets Other Non-Current Assets 7 0 0 2 0 6 0 0 0 58 0 67 0 0 0 67 0 0 0 2 0 6 0 0 0 58 0 67 0 0 0 67 0 TOTAL ASSETS 327 190 5,450 7,697 723 950 1,374 1,217 2,768 3,219 10,642 13,272 882 2,165 11,524 15,437

LIABILITIES Current Liabilities Accounts Payable 8 0 0 768 1,148 93 66 59 86 1,041 912 1,961 2,213 0 0 1,961 2,213 Reserve for Unliquidated Obligations 9 113 18 1,168 1,513 89 253 230 291 915 1,439 2,514 3,513 0 0 2,514 3,513 Funds Held for Third Parties 10 0 0 20 16 0 0 0 0 0 0 20 17 0 0 20 17 Due To Other Funds 0 0 722 495 21 160 33 104 187 0 963 759 353 353 1,316 1,112 Other Current Liabilities 0 0 97 185 2 1 1 1 9 8 109 195 0 0 109 195 Current Employee Benefits 12.1 269 9 2,780 332 92 2 120 9 287 79 3,548 431 0 0 3,548 431 382 27 5,555 3,687 297 483 443 491 2,439 2,438 9,115 7,128 353 353 9,468 7,481 Non-Current Liabilities Non-Current Employee Benefits 12.2 217 0 183 0 8 0 10 0 41 0 459 0 0 0 459 0 217 0 183 0 8 0 10 0 41 0 459 0 0 0 459 0 TOTAL LIABILITIES 599 27 5,738 3,687 305 483 453 491 2,480 2,438 9,574 7,128 353 353 9,927 7,481

RESERVES AND FUND BALANCE IPSAS Initial Adoption Reserve 1.9 (478) 0 (3,723) 0 (207) 0 (260) 0 (488) 0 (5,156) 0 (424) 0 (5,580) 0 Fund Balance 1.8 206 163 3,435 4,010 625 467 1,182 726 776 780 6,224 6,145 953 1,812 7,177 7,957 TOTAL RESERVES AND FUND BALANCE (272) 163 (288) 4,010 418 467 922 726 288 780 1,068 6,145 529 1,812 1,597 7,957

TOTAL LIABILITIES, RESERVES AND FUND BALANCE 327 190 5,450 7,697 723 950 1,375 1,217 2,768 3,218 10,642 13,272 882 2,165 11,524 15,437

* See Note 1.3

32 STATEMENT 14: Summary by Region OSCE Field Operations Statement of Cash Flow for the Year Ending 31 December 2011

South-Eastern Augmentations* Eastern Europe Caucasus Central Asia Total Regions Closed Funds GRAND TOTAL Europe EUR '000

2011 2010 2011 2010 2011 2010 2011 2010 2011 2010 2011 2010 2011 2010 2011 2010 EXCESS (SHORTFALL) OF INCOME OVER EXPENDITURE 17 155 616 1,169 71 398 518 666 289 141 1,511 2,528 0 0 1,511 2,528

(Increase)/Decrease in Assessed Contributions Receivable (30) (93) (105) (878) 20 (81) (30) 256 (28) (335) (173) (1,131) 62 (270) (111) (1,401) Increase/(Decrease) in Allowance for Assessed Contributions Rec. 20 0 1,209 0 110 0 140 0 231 0 1,710 0 424 0 2,134 0 (Increase)/Decrease in Accounts Receivable 0 0 (68) (258) (37) 32 0 0 23 28 (82) (198) 0 0 (82) (198) (Increase)/Decrease in Prepaid Expenditure and Advances 0 0 217 (120) 177 190 21 (73) 165 (43) 580 (45) 0 0 580 (45) Increase/(Decrease) in Other Non-Current Assets 0 0 (2) 0 (6) 0 0 0 (58) 0 (66) 0 0 0 (66) 0 (Increase)/Decrease in Inter-Fund Balances Receivable (128) 60 1,329 2,985 (109) (148) (304) 2,650 404 (143) 1,192 5,404 796 (1,313) 1,989 4,091 Increase/(Decrease) in Contributions Received in Advance 0 0 0 0 0 0 0 (409) 0 0 0 (409) 0 0 0 (409) Increase/(Decrease) in Reserve for Unliquidated Obligations 95 (48) (345) (2,506) (164) 104 (61) (112) (524) 422 (999) (2,141) 0 0 (999) (2,141) Increase/(Decrease) in Accounts Payable 0 0 (379) 491 27 (76) (27) 4 128 546 (251) 964 0 0 (251) 964 Increase/(Decrease) in Other Current Liabilities 0 0 (88) 75 1 (8) 1 (90) 0 3 (86) (21) 0 0 (86) (21) Increase/(Decrease) in Inter-Fund Balances Payable 0 0 228 319 (138) (1,224) (71) 104 187 0 206 (801) 0 13 206 (787) Increase/(Decrease) in Current Employee Benefits 260 0 2,448 0 90 0 110 0 208 0 3,117 0 0 0 3,117 0 Increase/(Decrease) in Non-Current Employee Benefits 217 0 183 0 8 0 10 0 41 0 459 0 0 0 459 0 NET CASH FLOW FROM OPERATING ACTIVITIES 451 74 5,243 1,277 50 (813) 307 2,996 1,066 619 7,118 4,150 1,283 (1,570) 8,401 2,581

Increase/(Decrease) in Funds Held for Third Parties 0 0 4 (11) 0 0 0 0 0 0 4 (11) 0 0 4 (11) Credits to Participating States 27 (73) (1,191) (1,330) 87 (210) (62) (655) (292) (575) (1,431) (2,843) (859) (617) (2,290) (3,460) Transfer between Funds 0 0 0 0 0 0 0 (2,186) 0 0 0 (2,186) 0 2,186 0 0 Increase/(Decrease) in IPSAS Initial Adoption Reserve (478) 0 (3,723) 0 (207) 0 (260) 0 (488) 0 (5,156) 0 (424) 0 (5,580) 0 NET CASH FLOW FROM FINANCING ACTIVITIES (451) (73) (4,910) (1,341) (120) (210) (322) (2,841) (780) (575) (6,583) (5,040) (1,283) 1,569 (7,866) (3,471)

NET INCREASE/(DECREASE) IN CASH 0 1 333 (64) (70) (1,023) (15) 155 286 44 534 (890) 0 (1) 534 (890)

* See Note 1.3

33 STATEMENT 15: Summary by Region OSCE Field Operations Statement of Cash Surplus* for the Year Ending 31 December 2011

South-Eastern Central Total Augmentations** Eastern Europe Caucasus Closed Funds GRAND TOTAL Europe Asia Regions EUR '000

2011 2010 2011 2010 2011 2010 2011 2010 2011 2010 2011 2010 2011 2010 2011 2010 EXCESS OF INCOME OVER EXPENDITURE 17 155 616 1,169 71 398 517 666 289 141 1,510 2,528 0 0 1,510 2,528 Add Contributions Receivable as at 1 January 128 35 2,692 1,814 237 156 315 571 682 347 4,054 2,923 486 216 4,540 3,139 Less Contributions Receivable as at 31 December (158) (128) (2,797) (2,692) (217) (237) (345) (315) (710) (682) (4,228) (4,054) (424) (486) (4,652) (4,540) CASH SURPLUS FOR THE YEAR (13) 61 511 291 91 317 487 922 261 (194) 1,336 1,396 62 (270) 1,398 1,127

Cash Surplus as at 1 January 35 46 1,317 2,356 230 124 411 2,331 98 868 2,091 5,724 1,326 26 3,417 5,750 Less Credits to Participating States/Transfers 27 (73) (1,191) (1,330) 87 (210) (62) (655) (292) (575) (1,431) (2,843) (859) (617) (2,290) (3,460) Cash Surplus as at 31 December 48 35 638 1,317 407 230 836 2,597 67 98 1,996 4,277 529 (861) 2,525 3,417

Add Contributions Receivable as at 31 December 158 128 2,797 2,692 217 237 345 315 710 682 4,228 4,054 424 486 4,652 4,540 Fund Balance as at 31 December 206 163 3,435 4,010 625 467 1,181 2,912 776 780 6,224 8,331 953 (374) 7,177 7,957

* See Note 1.7 ** See Note 1.3

34 STATEMENT 16: OSCE Field Operations South-Eastern Europe, Statement of Income, Expenditure and Changes in Fund Balance for the Year Ending 31 December 2011

TOTAL FOR Mission in Tasks in Bosnia Mission to Presence in Mission to Missin to Office in Zagreb SOUTH-EASTERN Kosovo and Herzegovina Serbia Albania Skopje Montenegro EUROPE EUR '000

Note 2011 2010 2011 2010 2011 2010 2011 2010 2011 2010 2011 2010 2011 2010 2011 2010 Assessed Contributions 1.5 22,606 23,547 14,864 15,164 1,419 1,514 7,447 7,929 3,162 3,227 7,018 8,161 2,376 2,371 58,892 61,912 Miscellaneous Income 1.5 29 147 9 21 1 0 14 34 1 13 4 122 0 2 57 339 Currency Exchange Adjustments 1.11 (2) 0 0 0 10 15 30 32 11 14 (5) (6) 0 0 44 56 Savings on Prior Year Unliquidated Obligations 9 38 87 3 17 2 2 207 211 27 42 27 116 0 5 304 480

TOTAL INCOME 1.5 22,671 23,781 14,876 15,203 1,431 1,531 7,698 8,206 3,201 3,297 7,043 8,393 2,376 2,377 59,296 62,787

TOTAL EXPENDITURE 1.6 22,559 23,526 14,832 15,083 1,418 1,503 7,426 7,808 3,155 3,221 7,000 8,121 2,291 2,357 58,680 61,618

EXCESS OF INCOME OVER EXPENDITURE 112 254 44 119 13 29 272 398 47 75 43 272 85 21 616 1,169

Less Credits to Participating States/Transfers 1.7 (46) (848) (116) (110) (88) (30) (550) (81) (121) (102) (212) (133) (57) (27) (1,191) (1,330)

Fund Balance as at 1 January 1,035 1,628 628 618 (31) (30) 1,177 860 387 414 715 575 99 105 4,010 4,170 Fund Balance as at 31 December 1.8 1,102 1,035 556 628 (107) (31) 899 1,177 312 387 546 715 127 99 3,435 4,010

35 STATEMENT 17: OSCE Field Operations South-Eastern Europe, Statement of Asset, Liabilities and Fund Balance as at 31 December 2011

Tasks in Bosnia Mission to TOTAL FOR SOUTH- Mission in Kosovo Office in Zagreb Mission to Serbia Presence in Albania Mission to Skopje and Herzegovina Montenegro EASTERN EUROPE EUR '000 ASSETS Note 2011 2010 2011 2010 2011 2010 2011 2010 2011 2010 2011 2010 2011 2010 2011 2010 Current Assets Cash and Short-term Deposit Budgetary 3 112 86 154 121 77 90 340 243 65 26 337 142 59 104 1,144 812 Assessed Contributions Receivable 4 1,104 1,069 654 619 45 37 356 341 222 218 343 345 74 63 2,797 2,692 Allowance for Assessed Contributions Receivable 4 (491) 0 (254) 0 (7) 0 (155) 0 (137) 0 (153) 0 (12) 0 (1,209) 0 Accounts Receivable 5 0 0 382 165 0 0 0 0 72 178 112 156 0 0 566 499 Prepaid Expenses and Advances 6 26 136 0 278 0 8 173 63 53 103 21 30 132 3 404 621 Due From Other Funds 1,161 979 0 0 0 0 464 1,189 120 323 0 583 0 0 1,745 3,074 1,912 2,270 936 1,183 115 135 1,178 1,836 395 848 660 1,256 253 170 5,448 7,698 Non-Current Assets Other Non-Current Assets 7 0 0 0 0 0 0 2 0 0 0 0 0 0 0 2 0 0 0 0 0 0 0 2 0 0 0 0 0 0 0 2 0 TOTAL ASSETS 1,912 2,270 936 1,183 115 135 1,180 1,836 395 848 660 1,256 253 170 5,450 7,698

LIABILITIES Accounts Payable 8 266 412 137 78 3 15 227 177 71 245 50 221 15 1 768 1,149 Reserve for Unliquidated Obligations 9 552 597 63 151 16 8 189 263 133 210 173 270 41 15 1,168 1,514 Funds Held for Third Parties 10 0 0 5 3 0 0 0 0 0 0 15 13 0 0 20 16 Due To Other Funds 0 0 414 298 208 143 0 0 0 0 19 0 81 54 722 495 Other Current Liabilities 100 159 4 15 0 0 0 0 (7) 0 0 11 0 0 97 185 Current Employee Benefits 12.1 1,131 67 676 10 335 0 237 219 104 6 246 27 51 1 2,780 330 2,049 1,235 1,299 555 562 166 653 659 301 461 503 542 188 71 5,555 3,689 Non-Current Liabilities Non-Current Employee Benefits 12.2 89 0 36 0 0 0 17 0 12 0 23 0 6 0 183 0 89 0 36 0 0 0 17 0 12 0 23 0 6 0 183 0 TOTAL LIABILITIES 2,138 1,235 1,335 555 562 166 670 659 313 461 526 542 194 71 5,738 3,689

RESERVES AND FUND BALANCE IPSAS Initial Adoption Reserve 1.9 (1,327) 0 (954) 0 (341) 0 (389) 0 (231) 0 (413) 0 (68) 0 (3,723) 0 Fund Balance 1.8 1,102 1,035 556 628 (107) (31) 899 1,177 312 387 546 715 127 99 3,435 4,010 TOTAL RESERVES AND FUND BALANCE (225) 1,035 (398) 628 (448) (31) 510 1,177 81 387 133 715 59 99 (288) 4,010

TOTAL LIABILITIES, RESERVES AND FUND BALANCE 1,912 2,270 936 1,183 115 135 1,180 1,836 395 848 660 1,256 253 170 5,450 7,698

36 STATEMENT 18: OSCE Field Operations South-Eastern Europe, Statement of Cash Flow for the Year Ending 31 December 2011

Tasks in Mission in Office in Mission to Presence in Mission to Mission to TOTAL FOR SOUTH- Bosnia and Kosovo Zagreb Serbia Albania Skopje Montenegro EASTERN EUROPE Herzegovina EUR '000

2011 2010 2011 2010 2011 2010 2011 2010 2011 2010 2011 2010 2011 2010 2011 2010

NET EXCESS (SHORTFALL) OF INCOME OVER EXPENDITURE 112 254 44 119 13 29 272 398 47 75 43 272 85 21 616 1,169

(Increase)/Decrease in Assessed Contributions Receivable (35) (334) (35) (226) (7) (22) (15) (112) (4) (27) 2 (115) (11) (42) (105) (878) Increase/(Decrease) in Allowance for Assessed Contributions Receivable 491 0 254 0 7 0 155 0 137 0 153 0 12 0 1,209 0 (Increase)/Decrease in Accounts Receivable 0 0 (217) (40) 0 0 0 0 106 (144) 43 (74) 0 0 (68) (258) (Increase)/Decrease in Prepaid Expenditure and Advances 110 67 278 (274) 8 (8) (110) 68 50 (30) 10 56 (128) 1 217 (120) Increase/(Decrease) in Other Non-Current Assets 0 0 0 0 0 0 (2) 0 0 0 0 0 0 0 (2) 0 (Increase)/Decrease in Inter-Fund Balances Receivable (182) 2,686 0 311 0 0 726 (315) 202 47 583 196 0 60 1,329 2,985 Increase/(Decrease) in Reserve for Unliquidated Obligations (45) (1,980) (88) (147) 10 (3) (74) 67 (76) (97) (97) (329) 26 (16) (345) (2,506) Increase/(Decrease) in Accounts Payable (146) 122 59 21 (12) (32) 50 5 (174) 216 (171) 158 13 1 (379) 491 Increase/(Decrease) in Other Current Liabilities (59) 58 (11) 14 0 0 0 (6) (7) 0 (11) 8 0 0 (88) 75 Increase/(Decrease) in Inter-Fund Balances Payable 0 0 116 298 65 (32) 0 0 0 0 19 0 27 54 228 319 Increase/(Decrease) in Current Employee Benefits 1,064 0 665 0 333 0 18 0 98 0 219 0 50 0 2,448 0 Increase/(Decrease) in Non-Current Employee Benefits 89 0 36 0 0 0 17 0 12 0 23 0 6 0 183 0 NET CASH FLOW FROM OPERATING ACTIVITIES 1,399 873 1,101 75 417 (68) 1,036 105 391 41 818 173 80 78 5,243 1,277

Increase/(Decrease) in Funds Held for Third Parties 0 0 2 (7) 0 0 0 0 0 0 2 (4) 0 0 4 (11) Credits to Participating States (46) (848) (116) (110) (88) (30) (550) (81) (121) (102) (212) (133) (57) (27) (1,191) (1,330) Increase/(Decrease) in IPSAS Initial Adoption Reserve (1,327) 0 (954) 0 (341) 0 (389) 0 (231) 0 (413) 0 (68) 0 (3,723) 0 NET CASH FLOW FROM FINANCING ACTIVITIES (1,373) (848) (1,068) (116) (429) (30) (939) (81) (352) (102) (624) (137) (125) (27) (4,910) (1,340)

NET INCREASE/(DECREASE) IN CASH 26 25 33 (41) (13) (98) 97 24 39 (61) 195 36 (45) 52 333 (64)

37 STATEMENT 19: OSCE Field Operations South-Eastern Europe, Statement of Cash Surplus* for the Year Ending 31 December 2011

TOTAL FOR Mission in Tasks in Bosnia Office in Presence in Mission to Mission to Mission to Serbia SOUTH-EASTERN Kosovo and Herzegovina Zagreb Albania Skopje Montenegro EUROPE EUR '000

2011 2010 2011 2010 2011 2010 2011 2010 2011 2010 2011 2010 2011 2010 2011 2010

EXCESS OF INCOME OVER EXPENDITURE 112 254 44 119 13 29 272 398 47 75 43 272 85 21 616 1,169

Add Contributions Receivable as at 1 January 1,069 735 619 393 37 16 341 230 218 190 345 230 63 21 2,692 1,814 Less Contributions Receivable as at 31 December (1,104) (1,069) (654) (619) (45) (37) (356) (341) (222) (218) (343) (345) (74) (63) (2,797) (2,692) CASH SURPLUS/(DEFICIT) FOR THE YEAR 77 (80) 9 (107) 6 7 257 286 42 48 46 158 74 (21) 511 291

Cash Surplus as at 1 January (34) 893 9 226 (68) (46) 836 631 169 223 370 345 36 83 1,317 2,356 Less Credits to Participating States/Transfers (46) (848) (116) (110) (88) (30) (550) (81) (121) (102) (212) (133) (57) (27) (1,191) (1,330) Cash Surplus as at 31 December (3) (34) (98) 9 (151) (68) 544 836 90 169 203 370 53 36 638 1,317

Add Contributions Receivable as at 31 December 1,104 1,069 654 619 45 37 356 341 222 218 343 345 74 63 2,797 2,692 Fund Balance as at 31 December 1,102 1,035 556 628 (107) (31) 899 1,177 312 387 546 715 127 99 3,435 4,010

*See Note 1.7

38 STATEMENT 20: OSCE Field Operations Eastern Europe Statement of Income, Expenditure and Changes in Fund Balance for the Year Ending 31 December 2011

Rep.on the Latvian- Project Co- Mission to Russian Joint TOTAL FOR ordinator in Office in Minsk Moldova Commission on EASTERN EUROPE Ukraine Military Pensioners EUR '000

Note 2011 2010 2011 2010 2011 2010 2011 2010 2011 2010 Assessed Contributions 1.5 2,021 2,084 2,372 2,513 196 1,168 7 9 4,597 5,775 Miscellaneous Income 1.5 1 0 2 3 23 7 0 0 27 10 Currency Exchange Adjustments 1.11 2 (5) 5 124 0 1 0 0 6 119 Savings on Prior Year Unliquidated Obligations 9 6 5 4 7 30 6 0 0 40 18

TOTAL INCOME 2 2,029 2,084 2,384 2,647 249 1,183 8 9 4,669 5,923

TOTAL EXPENDITURE 1.6 2,022 2,073 2,373 2,504 196 943 7 5 4,598 5,525

EXCESS OF INCOME OVER EXPENDITURE 7 11 11 143 53 240 0 4 71 398

Less Credits to Participating States / transfers 1.7 (65) (31) 176 (138) (23) (40) 0 0 87 (210)

Fund Balance as at 1 January 131 151 24 20 307 107 5 1 467 279 Fund Balance as at 31 December 1.8 73 131 211 24 336 307 5 5 625 467

39 STATEMENT 21: OSCE Field Operations Eastern Europe Statement of Asset, Liabilities and Fund Balance

as at 31 December 2011

Rep.on the Latvian- Project Co-ordinator in Russian Joint TOTAL FOR EASTERN Mission to Moldova Office in Minsk Ukraine Commission on Military EUROPE EUR '000 Pensioners ASSETS Note 2011 2010 2011 2010 2011 2010 2011 2010 2011 2010 Current Assets Cash and Short-term Deposit Budgetary 3 25 10 46 81 0 51 0 0 71 143 Assessed Contributions Receivable 4.1 90 85 93 90 34 61 0 0 217 237 Allowance for Assessed Contributions Receivable 4.3 (37) 0 (40) 0 (34) 0 0 0 (110) 0 Accounts Receivable 5 96 37 51 60 0 13 0 0 147 110 Prepaid Expenses and Advances 6 18 107 0 88 0 0 0 0 18 195 Due From Other Funds 0 23 67 0 303 237 5 5 374 265 192 262 217 319 303 362 5 5 717 950 Non-Current Assets Other Non-Current Assets 7 6 0 0 0 0 0 0 0 6 0 6 0 0 0 0 0 0 0 6 0 TOTAL ASSETS 198 262 217 319 303 362 5 5 723 950

LIABILITIES Current Liabilities Accounts Payable 8 75 52 18 14 0 0 0 0 93 66 Reserve for Unliquidated Obligations 9 63 79 25 121 0 56 0 0 89 256 Due To Other Funds 21 0 0 160 0 0 0 0 21 160 Other Current Liabilities 1 0 2 1 0 0 0 0 2 1 Current Employee Benefits 12.1 28 0 64 0 0 0 0 0 92 0 188 131 109 296 0 56 0 0 297 483 Non-Current Liabilities Non Current Employee Benefits 12.2 5 0 3 0 0 0 0 0 8 0 5 0 3 0 0 0 0 0 8 0 TOTAL LIABILITIES 193 131 112 296 0 56 0 0 305 483

RESERVES AND FUND BALANCE Fund Balance 1.9 73 131 211 24 336 307 5 5 625 467 IPSAS Initial Adoption Reserve 1.8 (68) 0 (105) 0 (34) 0 0 0 (207) 0 TOTAL RESERVES AND FUND BALANCES 5 131 106 24 302 307 5 5 418 467

TOTAL LIABILITIES, RESERVES AND FUND BALANCE 198 262 217 319 303 362 5 5 723 950

40 STATEMENT 22: OSCE Field Operations Eastern Europe, Statement of Cash Flow

for the Year Ending 31 December 2011

Rep.on the Latvian- Project Co-ordinator in Russian Joint TOTAL FOR EASTERN Mission to Moldova Office in Minsk Ukraine Commission on Military EUROPE EUR '000 Pensioners

2011 2010 2011 2010 2011 2010 2011 2010 2011 2010

NET EXCESS (SHORTFALL) OF INCOME OVER EXPENDITURE 7 11 11 143 53 240 0 4 71 398

(Increase)/Decrease in Assessed Contributions Receivable (4) (31) (3) (33) 27 (17) 0 0 20 (81) Increase/(Decrease) in Allowance for Assessed Contributions Receivable 37 0 40 0 34 0 0 0 110 0 (Increase)/Decrease in Accounts Receivable (59) 3 9 30 13 0 0 0 (37) 32 (Increase)/Decrease in Prepaid Expenditure and Advances 89 (103) 88 294 0 0 0 0 177 190 Increase/(Decrease) in Other Non-Current Assets (6) 0 0 0 0 0 0 0 (6) 0 (Increase)/Decrease in Inter-Fund Balances Receivable 23 50 (67) 0 (66) (194) 0 (4) (109) (148) Increase/(Decrease) in Reserve for Unliquidated Obligations (15) 34 (94) 30 (55) 40 0 0 (164) 104 Increase/(Decrease) in Accounts Payable 23 24 4 (98) 0 (2) 0 0 27 (76) Increase/(Decrease) in Other Current Liabilities 1 0 0 1 0 (9) 0 0 1 (8) Increase/(Decrease) in Inter-Fund Balances Payable 21 0 (160) (1,224) 0 0 0 0 (138) (1,224) Increase/(Decrease) in Current Employee Benefits 28 0 62 0 0 0 0 0 90 0 Increase/(Decrease) in Non-Current Employee Benefits 5 0 3 0 0 0 0 0 8 0 NET CASH FLOW FROM OPERATING ACTIVITIES 149 (12) (106) (858) 6 56 1 0 49 (814)

Credits to Participating States/Transfers (65) (31) 176 (138) (23) (40) 0 0 87 (210) Increase/(Decrease) in IPSAS Initial Adoption Reserve (68) 0 (105) 0 (34) 0 0 0 (207) 0 NET CASH FLOW FROM FINANCING ACTIVITIES (134) (31) 71 (138) (57) (40) (1) 0 (120) (210)

NET INCREASE/(DECREASE) IN CASH 15 (44) (35) (996) (51) 16 0 0 (72) (1,024)

41 STATEMENT 23: OSCE Field Operations Eastern Europe, Statement of Cash Surplus*

for the Year Ending 31 December 2011

Rep.on the Latvian- Project Co-ordinator in Russian Joint TOTAL FOR Mission to Moldova Office in Minsk Ukraine Commission on EASTERN EUROPE EUR '000 Military Pensioners

2011 2010 2011 2010 2011 2010 2011 2010 2011 2010

EXCESS OF INCOME OVER EXPENDITURE 7 11 11 143 53 240 0 4 71 398

Add Contributions Receivable as at 1 January 85 55 90 57 61 44 0 0 237 156 Less Contributions Receivable as at 31 December (90) (85) (93) (90) (34) (61) 0 0 (217) (237) CASH SURPLUS/(DEFICIT) FOR THE YEAR 3 (20) 8 110 80 222 0 4 91 317

Cash Surplus as at 1 January 46 97 (66) (37) 245 64 5 1 230 124 Less Credits to Participating States / transfers (65) (31) 176 (138) (23) (40) 0 0 87 (210) Cash Surplus as at 31 December (17) 46 118 (66) 302 245 5 5 407 230

Add Contributions Receivable as at 31 December 90 85 93 90 34 61 0 0 217 237 Fund Balance as at 31 December 73 131 211 24 336 307 5 5 625 467

*See Note 1.7

42 STATEMENT 24: OSCE Field Operations Caucasus, Statement of Income, Expenditure and Changes in Fund Balance

for the Year Ending 31 December 2011

Funds Relating to Mission End of Mandate Office Office the Conflict Dealt TOTAL FOR to Georgia Procedure (Georgia) in Yerevan in Baku with by the OSCE CAUCASUS EUR '000 Minsk Conference*

Note 2011 2010 2011 2010 2011 2010 2011 2010 2011 2010 2011 2010

Assessed Contributions 1.5 0 0 0 0 2,700 2,749 2,826 2,797 2,270 2,260 7,796 7,806

Miscellaneous Income 1.5 0 0 0 20 5 2 6 0 3 35 14 57 Currency Exchange Adjustments 1.11 0 (13) 0 0 (16) 11 (8) (12) (1) 1 (25) (13) Savings on Prior Year Unliquidated Obligations 9 0 0 0 194 1 8 34 44 8 12 43 257

TOTAL INCOME 1.5 0 (13) 0 214 2,690 2,769 2,858 2,830 2,280 2,308 7,828 8,107

TOTAL EXPENDITURE 1.6 0 0 0 0 2,669 2,725 2,809 2,769 1,832 1,948 7,311 7,442

EXCESS OF INCOME OVER EXPENDITURE 0 (13) 0 214 21 44 49 60 448 361 517 666

Transfer between Funds 0 (1,307) 0 (880) 0 0 0 0 0 0 0 (2,186) Less Credits to Participating States/Transfers 1.7 0 0 0 0 18 (67) (46) (29) (34) (559) (62) (655)

Fund Balance as at 1 January 0 1,320 0 666 78 100 163 131 485 684 726 2,902 Fund Balance as at 31 December 1.8 0 0 0 0 117 78 165 163 900 485 1,181 726

* Note - Includes the following Funds: High Level Planning Group, The Minsk Process and Personal Representative of the CiO

43 STATEMENT 25: OSCE Field Operations Caucasus, Statement of Assets, Liabilities and Fund Balance as at 31 December 2011

Funds Relating to the Mission End of Mandate Office Office Conflict Dealt with by TOTAL FOR to Georgia Procedure (Georgia) in Yerevan in Baku the OSCE Minsk CAUCASUS EUR '000 Conference* ASSETS Note 2011 2010 2011 2010 2011 2010 2011 2010 2011 2010 2011 2010 Current Assets Cash and Short-term Deposit Budgetary 3 0 0 0 0 29 75 181 160 114 104 324 340 Assessed Contributions Receivable 4.1 0 0 0 0 104 95 113 100 128 120 345 315 Allowance for Assessed Contributions Receivable 4.3 0 0 0 0 (34) 0 (37) 0 (69) 0 (140) 0 Accounts Receivable 5 0 0 0 0 0 0 0 0 0 0 0 0 Prepaid Expenses and Advances 6 0 0 0 0 10 32 144 145 22 20 176 197 Due From Other Funds 0 0 0 0 0 0 0 10 669 355 669 365 0 0 0 0 109 202 401 415 864 599 1,374 1,217 Non-Current Assets Other Non-Current Assets 7 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 TOTAL ASSETS 0 0 0 0 109 202 401 415 864 599 1,374 1,217

LIABILITIES Current Liabilities Accounts Payable 8 0 0 0 0 11 5 47 82 1 0 59 86 Reserve for Unliquidated Obligations 9 0 0 0 0 9 12 189 168 32 111 230 291 Due To Other Funds 0 0 0 0 3 104 30 0 0 0 33 104 Other Current Liabilities 0 0 0 0 0 0 1 1 0 0 1 1 Current Employee Benefits 12.1 0 0 0 0 54 4 48 3 18 2 120 9 0 0 0 0 77 125 315 254 51 113 443 491 Non-Current Liabilities Non-Current Employee Benefits 12.2 0 0 0 0 4 0 4 0 2 0 10 0 0 0 0 0 4 0 4 0 2 0 10 0 TOTAL LIABILITIES 0 0 0 0 81 125 319 254 53 113 453 491

RESERVES AND FUND BALANCE IPSAS Initial Adoption Reserve 1.9 0 0 0 0 (88) 0 (84) 0 (88) 0 (260) 0 Fund Balance 1.8 0 0 0 0 117 78 165 163 900 485 1,182 726 TOTAL RESERVES AND FUND BALANCE 0 0 0 0 29 78 81 163 812 485 922 726

TOTAL LIABILITIES, RESERVES AND FUND BALANCE 0 0 0 0 109 203 401 417 864 598 1,374 1,217

* Note - Includes the following Funds: High Level Planning Group, The Minsk Process and Personal Representative of the CiO

44 STATEMENT 26: OSCE Field Operations Caucasus, Statement of Cash Flow for the Year Ending 31 December 2011

Funds Relating to the Mission End of Mandate Office Office Conflict Dealt with by TOTAL FOR to Georgia Procedure (Georgia) in Yerevan in Baku the OSCE Minsk CAUCASUS EUR '000 Conference*

2011 2010 2011 2010 2011 2010 2011 2010 2011 2010 2011 2010 NET EXCESS (SHORTFALL) OF INCOME OVER EXPENDITURE 0 (13) 0 214 21 44 49 60 448 361 518 666

(Increase)/Decrease in Assessed Contributions Receivable 0 352 0 20 (9) (43) (13) (44) (8) (29) (30) 256 Increase/(Decrease) in Allowance for Assessed Contributions Receivable 0 0 0 0 34 0 37 0 69 0 140 0 (Increase)/Decrease in Accounts Receivable 0 0 0 0 0 0 0 0 0 0 0 0 (Increase)/Decrease in Prepaid Expenditure and Advances 0 13 0 0 22 (13) 1 (56) (2) (16) 21 (73) (Increase)/Decrease in Inter-Fund Balances Receivable 0 955 0 843 0 85 10 176 (314) 592 (304) 2,650 Increase/(Decrease) in Contributions Received in Advance 0 0 0 0 0 0 0 0 0 (409) 0 (409) Increase/(Decrease) in Reserve for Unliquidated Obligations 0 0 0 (107) (3) (31) 21 (28) (79) 54 (61) (112) Increase/(Decrease) in Accounts Payable 0 0 0 0 6 (11) (34) 15 1 0 (27) 4 Increase/(Decrease) in Other Current Liabilities 0 0 0 (90) 0 0 1 0 0 0 1 (90) Increase/(Decrease) in Inter-Fund Balances Payable 0 0 0 0 (101) 104 30 0 0 0 (71) 104 Increase/(Decrease) in Current Employee Benefits 0 0 0 0 50 0 45 0 15 0 110 0 Increase/(Decrease) in Non-Current Employee Benefits 0 0 0 0 4 0 4 0 2 0 10 0 NET CASH FLOW FROM OPERATING ACTIVITIES 0 1,307 0 880 24 135 151 123 132 553 307 2,996

Credits to Participating States 0 0 0 0 18 (67) (46) (29) (34) (559) (62) (655) Transfer between Funds 0 (1,307) 0 (880) 0 0 0 0 0 0 0 (2,186) Increase/(Decrease) in IPSAS Initial Adoption Reserve 0 0 0 0 (88) 0 (84) 0 (88) 0 (260) 0 NET CASH FLOW FROM FINANCING ACTIVITIES 0 (1,307) 0 (880) (70) (67) (130) (29) (122) (559) (322) (2,841)

NET INCREASE/(DECREASE) IN CASH 0 0 0 0 (46) 68 21 94 10 (6) (15) 155

* Note - Includes the following Funds: High Level Planning Group, The Minsk Process and Personal Representative of the CiO

45 STATEMENT 27: OSCE Field Operations Caucasus, Statement of Cash Surplus* for the Year Ending 31 December 2011

Funds Relating to Mission End of Mandate Office Office the Conflict Dealt TOTAL FOR to Georgia Procedure (Georgia) in Yerevan in Baku with by the OSCE CAUCASUS EUR '000 Minsk Conference**

2011 2010 2011 2010 2011 2010 2011 2010 2011 2010 2011 2010 EXCESS OF INCOME OVER EXPENDITURE 0 (13) 0 214 21 44 49 60 448 361 517 666 Add Contributions Receivable as at 1 January 0 352 0 20 95 52 100 56 120 91 315 571 Less Contributions Receivable as at 31 December 0 0 0 0 (104) (95) (113) (100) (128) (120) (345) (315) CASH SURPLUS FOR THE YEAR 0 339 0 234 11 1 36 16 440 332 487 922

Cash Surplus as at 1 January 0 968 0 646 (17) 49 62 75 366 593 411 2,331 Less Credits to Participating States/Transfers 0 0 0 0 18 (67) (46) (29) (34) (559) (62) (655) Cash Surplus as at 31 December 0 1,307 0 880 12 (17) 52 62 771 366 836 2,597

Add Contributions Receivable as at 31 December 0 0 0 0 104 95 113 100 128 120 345 315 Fund Balance as at 31 December 0 1,307 0 880 117 78 165 163 900 485 1,181 2,912

*See Note 1.7 ** Note - Includes the following Funds: High Level Planning Group, The Minsk Process and Personal Representative of the CiO

46 STATEMENT 28: OSCE Field Operations Central Asia, Statement of Income, Expenditure and Changes in Fund Balance for the Year Ending 31 December 2011

Centre Centre Centre Project Co-ordinator TOTAL FOR Office in Tajikistan in Astana in Ashgabat in Bishkek in Uzbekistan CENTRAL ASIA EUR '000

Note 2011 2010 2011 2010 2011 2010 2011 2010 2011 2010 2011 2010 Assessed Contributions 1.5 2,164 2,139 1,280 1,232 6,768 6,998 1,912 1,815 5,861 5,910 17,984 18,094

Miscellaneous Income 1.5 1 6 0 0 4 3 11 (11) 19 1 34 0 Currency Exchange Adjustments 1.11 2 3 (2) 2 (25) (35) (3) 13 (5) (24) (33) (41) Savings on Prior Year Unliquidated Obligations 9 52 26 16 4 60 3 23 6 21 49 173 88

TOTAL INCOME 1.5 2,219 2,175 1,294 1,238 6,807 6,969 1,943 1,824 5,896 5,936 18,158 18,141

TOTAL EXPENDITURE 1.6 2,111 2,103 1,273 1,214 6,743 6,965 1,902 1,809 5,840 5,909 17,869 18,000

EXCESS OF INCOME OVER EXPENDITURE 107 72 21 24 64 4 41 15 56 27 289 141

Less Credits to Participating States/Transfers 1.7 (57) (106) (1) (63) 55 (49) (84) (90) (204) (267) (292) (575)

Fund Balance as at 1 January 177 212 59 99 36 80 144 219 365 605 780 1,215 Fund Balance as at 31 December 1.8 227 177 79 59 154 36 100 144 216 365 776 780

47 STATEMENT 29: OSCE Field Operations Central Asia, Statement of Assets, Liabilities and Fund Balance as at 31 December 2011

Centre Centre Centre Project Co-ordinator TOTAL FOR Office in Tajikistan in Astana in Ashgabat in Bishkek in Uzbekistan CENTRAL ASIA EUR '000 ASSETS Note 2011 2010 2011 2010 2011 2010 2011 2010 2011 2010 2011 2010 Current Assets Cash and Short-term Deposit Budgetary 3 279 88 51 72 362 226 77 109 327 315 1,096 810 Assessed Contributions Receivable 3 89 79 54 46 239 262 81 70 246 224 710 682 Allowance for Assessed Contributions Receivable 4.1 (31) 0 (23) 0 (56) 0 (31) 0 (90) 0 (231) 0 Accounts Receivable 4.3 0 0 0 0 23 45 0 0 0 1 23 46 Prepaid Expenses and Advances 5 61 221 1 3 128 18 60 126 54 100 303 468 Due From Other Funds 6 0 40 82 46 0 516 105 129 622 481 809 1,213 398 428 165 167 696 1,067 292 434 1,159 1,121 2,710 3,219 Non-Current Assets Other Non-Current Assets 7 45 0 0 0 0 0 13 0 0 0 58 0 45 0 0 0 0 0 13 0 0 0 58 0 TOTAL ASSETS 443 428 165 167 696 1,067 305 434 1,159 1,121 2,768 3,219

LIABILIITES Current Liabilities Accounts Payable 8 50 63 10 8 153 207 92 95 736 539 1,041 912 Reserve for Unliquidated Obligations 9 79 150 97 100 312 812 142 196 285 210 915 1,518 Funds Held for Third Parties 10 0 0 0 0 0 0 0 0 0 0 0 0 Due To Other Funds 11 74 0 0 0 114 0 0 0 0 0 187 0 Other Current Liabilities 0 0 0 1 9 0 0 0 0 8 9 8 Current Employee Benefits 12.1 77 0 25 0 65 0 15 0 105 0 287 0 280 213 132 109 653 1,019 249 291 1,126 757 2,439 2,438 Non-Current Liabilities Non-Current Employee Benefits 12.2 2 39 4 0 18 13 1 0 17 0 41 0 2 39 4 0 18 13 1 0 17 0 41 0 TOTAL LIABILITIES 282 252 136 109 671 1,032 250 291 1,143 757 2,480 2,438

RESERVES AND FUND BALANCE IPSAS Initial Adoption Reserve 1.9 (66) 0 (50) 0 (129) 0 (45) 0 (200) 0 (488) 0 Fund Balance 1.8 227 177 79 59 154 36 100 144 216 365 776 780 TOTAL RESERVES AND FUND BALANCE 161 177 29 59 25 36 55 144 16 365 288 780

TOTAL LIABILITIES, RESERVES AND FUND BALANCE 443 428 165 167 696 1,067 305 434 1,159 1,121 2,768 3,219

48 STATEMENT 30: OSCE Field Operations Central Asia, Statement of Cash Flow for the Year Ending 31 December 2011

Project Co- Centre Centre Centre TOTAL FOR ordinator in Office in Tajikistan in Astana in Ashgabat in Bishkek CENTRAL ASIA EUR '000 Uzbekistan

2011 2010 2011 2010 2011 2010 2011 2010 2011 2010 2011 2010 EXCESS (SHORTFALL) OF INCOME OVER EXPENDITURE 107 72 21 24 64 4 41 15 56 27 289 141

(Increase)/Decrease in Assessed Contributions Receivable (9) (31) (8) (12) 22 (176) (11) (26) (22) (91) (28) (335) Increase/(Decrease) in Allowance for Assessed Contributions Receivable 31 0 23 0 56 0 31 0 90 0 231 0 (Increase)/Decrease in Accounts Receivable 0 (1) 0 0 22 18 0 12 1 (1) 23 28 (Increase)/Decrease in Prepaid Expenditure and Advances 160 (178) 2 (3) (109) 66 67 (71) 47 144 165 (43) Increase/(Decrease) in Other Non-Current Assets (45) 0 0 0 0 0 (13) 0 0 0 (58) 0 (Increase)/Decrease in Inter-Fund Balances Receivable 40 52 (36) (5) 516 (445) 24 52 (141) 205 404 (143) Increase/(Decrease) in Reserve for Unliquidated Obligations (71) 65 9 50 (500) 509 (54) 41 92 (243) (524) 422 Increase/(Decrease) in Accounts Payable (13) 41 1 2 (54) 168 (2) 21 196 313 128 546 Increase/(Decrease) in Other Current Liabilities 0 0 (1) 1 9 0 0 0 (7) 3 0 3 Increase/(Decrease) in Inter-Fund Balances Payable 73 0 0 0 115 0 0 0 0 0 187 0 Increase/(Decrease) in Current Employee Benefits 39 0 14 0 52 0 14 0 89 0 208 0 Increase/(Decrease) in Non-Current Employee Benefits 2 0 4 0 18 0 1 0 17 0 41 0 NET CASH FLOW FROM OPERATING ACTIVITIES 314 20 29 57 211 144 98 44 418 357 1,066 619

Credits to Participating States (57) (106) (1) (63) 55 (49) (84) (90) (204) (267) (292) (575) Increase/(Decrease) in IPSAS Initial Adoption Reserve (66) 0 (50) 0 (129) 0 (45) 0 (200) 0 (488) 0 NET CASH FLOW FROM FINANCING ACTIVITIES (123) (106) (51) (63) (74) (49) (129) (90) (404) (267) (780) (575)

NET INCREASE/(DECREASE) IN CASH 191 (86) (22) (6) 137 95 (31) (46) 14 90 286 44

49 STATEMENT 31: OSCE Field Operations Central Asia, Statement of Cash Surplus* for the Year Ending 31 December 2011

Project Co- Centre Centre Centre Office in TOTAL FOR ordinator in in Astana in Ashgabat in Bishkek Tajikistan CENTRAL ASIA EUR '000 Uzbekistan

2011 2010 2011 2010 2011 2010 2011 2010 2011 2010 2011 2010 EXCESS OF INCOME OVER EXPENDITURE 107 72 21 24 64 4 41 15 56 27 289 141 Add Contributions Receivable as at 1 January 79 48 46 34 262 86 70 45 224 134 682 347 Less Contributions Receivable as at 31 December (89) (79) (54) (46) (239) (262) (81) (70) (246) (224) (710) (682) CASH SURPLUS FOR THE YEAR 97 41 13 12 87 (172) 30 (10) 34 (63) 261 (194)

Cash Surplus as at 1 January 98 163 12 64 (226) (6) 74 175 140 471 98 868 Less Credits to Participating States/Transfers (57) (106) (1) (63) 55 (49) (84) (90) (204) (267) (292) (575) Cash Surplus as at 31 December 138 98 24 13 (84) (227) 20 75 (30) 141 67 99

Add Contributions Receivable as at 31 December 89 79 54 46 239 262 81 70 246 224 710 682 Fund Balance as at 31 December 227 177 78 59 155 35 101 145 216 365 777 781

*See Note 1.7

50 STATEMENT 32: Extra-Budgetary Part 1 Statement of Income, Expenditure and Changes in Fund Balance for the Year Ending 31 December 2011

Fund for activities Funds to support Fund to foster the Fund for activities related to the Removal Fund relating to the OSCE action for peace, integration of recently relating to Economic and Destruction of Stability Pact for South democracy and admitted Participating and Environmental Russian Ammunition Eastern Europe stability in BiH States Aspect of Security and Armaments from EUR '000 Moldova

Note 2011 2010 2011 2010 2011 2010 2011 2010 2011 2010 Extra-Budgetary Contributions 15 143 386 0 0 413 930 0 0 0 0 Currency Exchange Adjustments 1.11 0 0 0 0 0 0 25 736 0 0 Other Adjustments 16 25 59 0 0 39 124 0 0 0 0

TOTAL INCOME 1.5 169 445 0 0 453 1,054 25 736 0 0

TOTAL EXPENDITURE 1.6 193 653 0 0 1,307 291 44 50 0 0

EXCESS OF INCOME OVER EXPENDITURE (25) (208) 0 0 (854) 763 (20) 686 0 0

Refund of Unspent XB Contributions to Donors (16) (8) 0 0 (8) (51) (37) 0 (8) 0 0 Fund Balance as at 1 January 986 1,202 31 31 1,826 1,113 6,990 6,304 15 15 Fund Balance as at 31 December 1.8 946 986 31 31 963 1,826 6,934 6,990 7 15

51 STATEMENT 33: Extra-Budgetary Part 1 Statement of Assets, Liabilities and Fund Balance as at 31 December 2011

Fund for activities Funds to support OSCE Fund to foster the Fund for activities related to the Removal Fund relating to the action for peace, integration of recently relating to Economic and Destruction of Stability Pact for South democracy and stability admitted Participating and Environmental Russian Ammunition Eastern Europe in BiH States Aspect of Security and Armaments from EUR '000 Moldova

ASSETS Note 2011 2010 2011 2010 2011 2010 2011 2010 2011 2010 Due From Other Funds 946 1,305 31 31 1,224 1,966 6,934 6,990 7 15 TOTAL ASSETS 946 1,305 31 31 1,224 1,966 6,934 6,990 7 15

LIABILITIES Reserve for Unliquidated Obligations 9 0 319 0 0 261 141 0 0 0 0 TOTAL LIABILITIES 0 319 0 0 261 141 0 0 0 0

FUND BALANCE Fund Balance 1.8 946 986 31 31 963 1,826 6,934 6,990 7 15 TOTAL FUND BALANCE 946 986 31 31 963 1,826 6,934 6,990 7 15

TOTAL LIABILITIES AND FUND BALANCE 946 1,305 31 31 1,224 1,967 6,934 6,990 7 15

52 STATEMENT 34: Extra-Budgetary Part 1 Statement of Cash Flow for the Year Ending 31 December 2011

Fund for activities related to the Funds to support Fund to foster the Fund for activities Fund relating to the Removal and OSCE action for integration of recently relating to Economic Stability Pact for Destruction of peace, democracy admitted Participating and Environmental South Eastern Russian Ammunition and stability in BiH States Aspect of Security Europe and Armaments EUR '000 from Moldova

2011 2010 2011 2010 2011 2010 2011 2010 2011 2010

EXCESS (SHORTFALL) OF INCOME OVER EXPENDITURE (25) (208) 0 0 (854) 763 (20) 686 0 0

(Increase)/Decrease in Inter-Fund Balances Receivable 360 (98) 0 0 742 (195) 57 (686) 8 0 Increase/(Decrease) in Reserve for Unliquidated Obligations (319) 314 0 0 120 (518) 0 0 0 0 NET CASH FLOW FROM OPERATING ACTIVITIES 16 8 0 0 8 50 37 0 8 0

Refund of Unspent Extra-Budgetary Contribution to Donors (16) (8) 0 0 (8) (51) (37) 0 (8) 0 NET CASH FLOW FROM FINANCING ACTIVITIES (16) (8) 0 0 (8) (51) (37) 0 (8) 0

NET INCREASE/(DECREASE) IN CASH 0 0 0 0 0 (1) 0 0 0 0

53 STATEMENT 35: Extra-Budgetary Part 2 Statement of Income, Expenditure and Changes in Fund Balance

for the Year Ending 31 December 2011

Fund for Activities related to the Total The Partnership Other Activities and Reduction of Military Bishkek Conference Extra-Budgetary Fund Special Projects Forces and Equipment Funds from Georgia EUR '000

Note 2011 2010 2011 2010 2011 2010 2011 2010 2011 2010

Extra-Budgetary Contributions 1.5 0 0 0 0 72 102 16,557 23,144 17,186 24,563 Miscellaneous Income 1.5 0 0 0 0 0 0 0 0 0 0 Currency Exchange Adjustments 1.11 0 0 0 0 0 0 0 0 25 736 Savings on Prior Year Unliquidated Obligations 9 0 0 0 0 0 0 0 0 0 0 Other Adjustments 16 0 0 (10) 0 44 113 (297) (182) (199) 114

TOTAL INCOME 1.5 0 0 (10) 0 115 216 16,260 22,962 17,011 25,412

TOTAL EXPENDITURE 1.6 0 0 0 0 81 162 23,971 17,470 25,597 18,625

EXCESS OF INCOME OVER EXPENDITURE 0 0 (10) 0 34 54 (7,711) 5,492 (8,586) 6,787

Refund of Unspent XB Contributions to Donors 1.7 0 (30) 0 (2) (25) (143) (782) (1,850) (876) (2,083)

Fund Balance as at 1 January 657 687 10 12 319 408 32,635 28,993 43,470 38,765 Fund Balance as at 31 December 1.8 657 657 0 10 329 319 24,142 32,635 34,008 43,470

54 STATEMENT 36: Extra-Budgetary Part 2 Statement of Assets, Liabilities and Fund Balance as at 31 December 2011

Fund for Activities Total related to the Reduction The Partnership Other Activities and Bishkek Conference Extra-Budgetary of Military Forces and Fund Special Projects Funds Equipment from Georgia EUR '000

ASSETS Note 2011 2010 2011 2010 2011 2010 2011 2010 2011 2010 Due From Other Funds 657 657 0 10 334 319 27,802 35,906 37,934 47,201 TOTAL ASSETS 657 657 0 10 334 319 27,802 35,906 37,934 47,201

LIABILITIES Current Liabilities Reserve for Unliquidated Obligations 9 0 0 0 0 4 0 3,419 3,113 3,684 3,573 Other Current Liabilities 0 0 0 0 0 0 241 158 241 158 0 0 0 0 4 0 3,660 3,271 3,925 3,731 Non-Current Liabilities Non-Current Employee Benefits 12.2 0 0 0 0 0 0 19 0 19 0 0 0 0 0 0 0 19 0 19 0 TOTAL LIABILITIES 0 0 0 0 4 0 3,679 3,271 3,944 3,731

RESERVES AND FUND BALANCE IPSAS Initial Adoption Reserve 1.9 0 0 0 0 0 0 (19) 0 (19) 0 Fund Balance 657 657 0 10 330 319 24,142 32,635 34,008 43,470 TOTAL RESERVES AND FUND BALANCE 657 657 0 10 330 319 24,123 32,635 33,989 43,470

TOTAL LIABILITIES, RESERVES AND FUND BALANCE 657 657 0 10 334 319 27,802 35,906 37,934 47,201

55 STATEMENT 37: Extra-Budgetary Part 2 Statement of Cash Flow for the Year Ending 31 December 2011

Fund for Activities related to Total the Reduction of Military The Partnership Other Activities and Bishkek Conference Extra-Budgetary Forces and Equipment from Fund Special Projects Funds EUR '000 Georgia

2011 2010 2011 2010 2011 2010 2011 2010 2011 2010 EXCESS (SHORTFALL) OF INCOME OVER EXPENDITURE 0 0 (10) 0 34 54 (7,711) 5,492 (8,586) 6,787

(Increase)/Decrease in Inter-Fund Balances Receivable 0 30 10 2 (14) 134 8,103 (705) 9,266 (1,518) Increase/(Decrease) in Reserve for Unliquidated Obligations 0 0 0 0 4 (45) 306 (2,989) 111 (3,238) Increase/(Decrease) in Other Current Liabilities 0 0 0 0 0 0 84 52 84 52 Increase/(Decrease) in Non-Current Employee Benefits 0 0 0 0 0 0 19 0 19 0 NET CASH FLOW FROM OPERATING ACTIVITIES 0 30 0 2 24 143 801 1,850 894 2,083

Refund of Unspent Extra-Budgetary Contribution to Donors 0 (30) 0 (2) (25) (143) (782) (1,850) (876) (2,083) Increase/(Decrease) in IPSAS Initial Adoption Reserve 0 0 0 0 0 0 (19) 0 (19) 0 NET CASH FLOW FROM FINANCING ACTIVITIES 0 (30) 0 (2) (25) (143) (801) (1,850) (895) (2,083)

NET INCREASE/(DECREASE) IN CASH 0 0 0 0 (1) 0 0 0 (1) 0

56 Chapter IV – Notes to the Financial Statements NOTES

Notes to the Financial Statements Note 1 - Significant Accounting Policies

1.1 Basis of Presentation 1.3 Fund Accounting The financial statements of the Organization are prepared in The OSCE operates a system of fund accounting and the result- accordance with the Financial Regulations, the United Nations ing financial statements present the financial results of System Accounting Standards (UNSAS), and stated accounting budgetary Funds approved under PC.DEC/981 dated 23 policies. The figures are presented rounded to the nearest Euro December 2010 and subsequent budget revisions, Extra-budg- thousand and to the nearest one-tenth percent. This may result etary Funds and the Network Operating System Fund. in totals that differ by EUR 1-2 thousand and by 0.1%. For purposes of the presentation and approval of the 2011 1.2 IPSAS Progressive Adoption Unified Budget, Funds were grouped under (i) Funds related to The progressive adoption of International Public Sector the Secretariat and Institutions and (ii) Funds related to Field Accounting Standards (IPSAS) was formally approved by partic- Operations, with the latter, in turn, being grouped into regions. ipating States (PC.DEC/1040 dated 10 May 2012). IPSAS This presentation is also followed in this Financial Report and adoption aligns OSCE's accounting with international recog- Financial Statements. nized best practices, improves controls and transparency of assets and liabilities, provides more comprehensive information, and The following Funds were operational in 2011: improves consistency and comparability of the financial state- ments. In order to progress with IPSAS adoption, the OSCE a) Standard Scale of Contributions for 2011 has implemented certain changes in accounting policies, which (PC.DEC/980 dated 23 December 2010) are allowed under UNSAS. I. FUNDS RELATED TO THE SECRETARIAT AND The impact of the IPSAS standards adopted by the OSCE in INSTITUTIONS 2011 is as follows: • The Secretariat • Office for Democratic Institutions and Human Rights • IPSAS 13 Leases: OSCE’s lease agreements meet the (ODIHR) IPSAS definition of operating leases. The adoption of this • High Commissioner on National Minorities (HCNM) standard requires additional note disclosures for minimum • Representative on Freedom of the Media (RFoM) lease payments for each of the following periods: not later than 1 year, later than one year, and not later than 5 years and later than 5 years (see Note 19); b) Field Operations Scale of Contributions for 2011 • IPSAS 14 Events After the Reporting Date: events that (PC.DEC/980 dated 23 December 2010) occur after the reporting date should only be recognized in the financial statements if certain conditions are met, other- II. FUNDS RELATED TO OSCE FIELD OPERATIONS wise they should be disclosed in the Notes, if material (see Note 20); • Augmentations [see point c) ] • IPSAS 15 Financial Instruments: Disclosure and South-Eastern Europe Presentation: this standard mainly affects note disclosures, • Mission in Kosovo in particular the description of OSCE’s exposure to financial • Tasks in Bosnia and Herzegovina risks and how management policies address those risks. Also, • Office in Zagreb1 an allowance for outstanding assessed contributions receiv- • Mission to Serbia able is being recognized in line with the requirement for • Presence in Albania reporting monetary assets at fair value (see Note 1.11, Notes • Mission to Skopje 2 to 5 and Note 8); • Mission to Montenegro Eastern Europe • IPSAS 25 Employee Benefits: this standard defines the • Mission to Moldova recognition, measurement and disclosure requirements for • Project Co-ordinator in Ukraine benefits provided to employees. The recognition of employ- • Office in Minsk2 ee benefits as of 31 December, 2011 resulted in an increase • Representative to the Latvian-Russian JC on Military in current and non-current liabilities and a decrease in Pensioners reserves. Current employee benefits liabilities include annu- Caucasus al leave, home leave, and rest and recuperation leave for • Office in Yerevan employees in Field Operations, whereas non-current • Office in Baku employee benefits include separation benefits, such as repa- • High Level Planning Group triation grant and travel, removal of household goods and • The Minsk Process home leave for employees in the Secretariat and Institutions. • Personal Representative of the CIO The adoption of IPSAS 25 did not impact the recognition Central Asia of the Provident Fund in the Financial Statements.Non-cur- • Centre in Astana rent employee benefits liabilities were determined by an • Centre in Ashgabat independent actuary (see Note 12). • Centre in Bishkek • Project Co-ordinator in Uzbekistan The recognition of the IPSAS standards mentioned above • Office in Tajikistan resulted in a net decrease in Reserves and Fund Balances of EUR 11,815 thousand as described in Note 1.9. Missions and Field Operations whose mandate has expired for

1 The mandate of the OSCE Office in Zagreb was not extended beyond 31 December 2011. (PC.DEC/1026 of 15 December 2011) and ceased its opera- tion on 31 March 2012. 2 The mandate of the OSCE Office in Minsk was not extended beyond 31 December 2010 and ceased its operations on 31 March 2011.

59 one financial year are grouped under “Closed Field Operations charged to expenditure at the time of purchase and therefore, Funds”. is not reflected as an asset on the balance sheet. The OSCE This includes the following Funds: maintains separate asset records, for reporting the historical • Kosovo, Sandjak and Vojvodina acquisition cost, notional accumulated depreciation and net • Mission to Estonia book value. Income from the disposal of assets is recorded as • Expert Mission to Ukraine miscellaneous income. • Mission to Latvia • Representative to the Joint Committee on the Skundra 1.5 Budgetary Income Radar Station Income from assessed contributions from participating States is • Sanctions Assistance Missions recorded on an accrual basis. Accrued income for the reporting • Action Against Terrorism Fund period amounted to EUR 147,165 thousand, following the • Assistance Group to Chechnya 2011 Year-end Unified Budget Revision (PC.DEC/1030, 16 • Representative to the Estonian Commission on Military February 2012). Total miscellaneous income amounted to EUR Pensioners 1,235 thousand in 2011, mainly from interest income (EUR • Mission to Croatia 1,026 thousand). • Mission to Georgia • End of Mandate Georgia 1.6 Budgetary Expenditure Expenditure is accounted for on an accrual and modified c) The Augmentations Fund accrual basis. The cost of services is recorded on an accru- The Augmentations Fund was established on a provisional al basis as expenditure of the current financial year, based basis under PC.DEC/827 of December 2007 and is on physical delivery. The cost of supplies and equipment is financed on the basis of the Field Operations Scale. recorded on a modified accrual basis as expenditure in the current financial year based on the existence of a legally d) Revolving and Contingency Funds enforceable contract. Budgetary expenditure amounted to • The Revolving Fund, in the amount of EUR 2,710 thousand EUR 145,936 thousand in 2011. was established by the Permanent Council (PC.DEC/133, 27 June 1996) to meet the short-term cash requirements of 1.7 Cash Surplus or Deficit duly authorised OSCE activities that could result from the At the end of each financial year, the cash surplus or deficit for period between the billing and payment of assessed the Funds financed through assessed contributions is deter- contributions. mined by calculating the excess of income received over expen- • The Contingency Fund, in the amount of EUR 2,180 thou- diture or the excess of expenditure over income received, as the sand was established by the Permanent Council case may be. The cash surplus of all Funds financed through (PC.DEC/182, 17 July 1997) to allow OSCE to act immedi- assessed contributions is credited against contributions of the ately after the adoption of a Permanent Council decision on participating States in accordance with the scale of distribution a new activity and to cover the corresponding financial for the year to which the surplus relates, during the year follow- requirements prior to the approval of the relevant supplemen- ing the year in which the accounts are accepted by the tary budget. Permanent Council. The allocation to a participating State of its share of the cash surplus is deferred in cases where the State is e) Network Operating System in arrears for the year to which the surplus relates and until such The Network Operating System Fund was established in time as these arrears are paid in full (Financial Regulation 7.07). 2010 (PC.DEC/926) to finance the replacement of the The accumulated undistributed cash surplus, which amounted OSCE’s network and desktop systems. The funding of the to EUR 281 thousand as at 31 December 2011, is presented as Network Operating System was financed from the 2008 an unallocated surplus in the Statement of Assets, Liabilities and cash surplus in the amount of EUR 1,890 thousand. Fund balances.

f) Extra-budgetary Funds (see Note 15) The calculation of cash surplus/deficit is as follows:

1.4 Material Assets and Attractive Items EUR '000 Statement 4 - Total UB The policies and procedures for the management of material Assessed Contributions 147,165 assets are set out in the Provisional Financial/Administrative + Miscellaneous Income 1,235 Instruction Seven on Asset Management for Goods and +/- Foreign Exchange loss (110) Services. The primary objective of OSCE’s asset management + Savings on prior year Unliquidated Obligations 1,105 system is to provide a framework to ensure effective custodial = Total Income 149,394 controls over material assets and specific types of attractive items – Total Expenditure (145,936) that may be susceptible to loss. Statement 7 - Total UB = Excess of Income over Expenditure 3,459 • Material assets are defined as tangible assets with a minimum + Assessed Contributions receivable cost of EUR 1,000 and a useful life of a minimum of two (2) on 1 January 2011 8,598 years. – Assessed Contributions receivable on 31 December 2011 (8,929) • Attractive items are defined as items with a cost below EUR = Cash Surplus for 2011 3,128 1,000 and useful life of minimum two (2) years such as mobile + Cash Surplus 1 January 2011 6,397 phones, GPS units and handheld radios. – Distribution of cash surplus (4,894) = Cash Surplus as at 31 December 2011* 4,631 The cost of material assets and attractive items is comprised of + Assessed Contributions receivable the purchase price, non-refundable import duties and purchase on 31 December 2011 8,929 taxes, initial delivery and handling costs, installation fees, and = Fund Balance as at 31 December 2011 13,560 any direct costs of bringing the assets to working condition *See Note 20 - Events After the Reporting Date regarding allo- for their intended use. cation of cash surplus to fund the OSCE Enterprise Resource The purchase cost of material assets and attractive items is Planning (ERP) Upgrade Fund.

60 NOTES

1.8 Fund Balance months. Maturities are scheduled on the basis of operational The Fund Balance at 31 December 2011 contains five elements: requirements as identified by the Treasury Unit and OSCE the cash surplus payable to participating States in 2012 and Executive Structures’ cash flow forecasts. 2013, the assessed contributions receivable, the balance related to Extra-budgetary projects funded by donors The timing of payment of assessed contributions by participat- and the balance in the Network Operating System Fund, as ing States has an impact on the liquidity of the organization. detailed in the following table. Delays in payment by large contributors can affect normal operations, although the Revolving Fund in the amount of EUR 2,710 thousand is available to meet short-term cash EUR Million requirements as stated in PC.DEC/133 of 27 June 1996. 2010 Cash surplus payable 2012 1.5 2011 Cash surplus payable 2013 3.1 (b) Currency risk is the risk that the value of a financial instru- Assessed contributions receivable 8.9 ment will fluctuate due to changes in foreign exchange rates. Extra-budgetary Fund Balance 34.0 Network Operating System Fund 0.3 The OSCE has a policy of not using derivative financial instru- ments to hedge against currency risk. Risk is mitigated by lim- Fund Balance 47.8 iting the amount of cash held in currencies other than Euro; by concluding most of the OSCE contracts in Euro; and by not converting one currency to another to avoid realization of gains 1.9 IPSAS Initial Adoption Reserve and losses. In 2011 83% of net expenditures were transacted in The adoption of IPSAS 15 Financial Instruments: Disclosure Euro or currencies pegged to the Euro. and Presentation and IPSAS 25 Employee Benefits resulted in a decrease in Reserves as follows: Transactions in foreign currencies are recorded in Euro at the UN Monthly Operational Rates of Exchange in effect on the EUR ‘000 date of the transactions. At the end of the reporting period assets Impact on and liabilities are valued at the rates applicable as at 31 Reserves December. Gains and losses arising from transactions and trans- Allowance for outstanding assessed (4,898) lation are recorded as currency exchange adjustments. In 2011 contribution receivable there was a net foreign exchange loss of EUR 85 thousand. In Current employee benefits liabilities compliance with Provisional Financial/Administrative - Home leave and rest and recuperation (256) Instruction Five on Income and Cash Management, large - Annual leave (3,720) exchange rate gains or losses incurred under extra-budgetary - Termination benefits (334) programmes/projects have been credited or charged to the Non-current employee benefits liabilities respective extra-budgetary programmes/projects. - Home leave (98) - Repatriation grant (1,584) (c) Interest rate risk is the risk that the value of a financial - Repatriation travel (280) instrument will fluctuate due to changes in market interest - Removal/shipment of household goods (645) rates. The OSCE did not enter into any transactions involving Total (11,815) variable interest rates in 2011 and only made term deposits for fixed durations and fixed interest rates. Fluctuations in interest rates only affect the interest income from term deposits to be Transitional provisions included in IPSAS state that when concluded in the future; however, the OSCE is not dependent comparative information for prior periods is not available at on interest income for the continuation of its activities. the time of initial adoption, such information need not be presented; therefore there was no restatement of beginning (d) Market risk is the risk that the value of a financial instru- balances, and the above presented amounts represent the ment will fluctuate as a result of changes in market prices. None impact of the recognition of balances as of 31 December of the financial instruments used in 2011 was affected by 2011. changes in market prices.

(e) Credit risk is the risk that one party to a financial instrument 1.10 Contributions In-Kind will fail to discharge an obligation and cause the other party to Contributions in-kind in the form of salaries for seconded staff incur a financial loss. The largest exposure to such risk for the and rental of premises are not recorded in the accounts of the OSCE is due to bank risk. The Treasury Unit monitors the Organization. For 2011 the estimated value of in-kind contri- creditworthiness of its banks on a regular basis and has strict butions is approximately EUR 44,142 thousand (EUR 45,039 guidelines to limit the amount deposited with each approved thousand in 2010). bank. At the end of the reporting period, 94.5% of the total cash was held in bank accounts administered by the Treasury Unit. The remaining 4.5% was held in bank accounts throughout 1.11 Financial Risk Management OSCE locations for daily operational purposes. Financial risk management is carried out by the Treasury Unit in the Secretariat under policies approved by the Investment (f) Cash flow risk is the risk that future cash flows associated Committee and by applying the guidelines included in with a monetary financial instrument will fluctuate in amount. Provisional Financial/Administrative Instruction Five on For the OSCE such fluctuations relate to future term deposits Income and Cash Management and the Investment Policy. in the event of changes in interest rates. As mentioned in (b) IPSAS 15 Financial Instruments: Disclosure and Presentation above, the OSCE is not dependent on the cash flows resulting states the types of risks that an organization should disclose: from term deposits for the continuation of its activities. (a) Liquidity risk is the risk that an entity will encounter diffi- culty in receiving funds to meet its financial commitments. The OSCE invests funds not required for immediate operational purposes in short-term deposits up to a maximum of six

61 Note 2 - Financial Instruments Chairperson-in-Office. If the amount of arrears of a partic- ipating State equals or exceeds the amount of the contribu- tions due for the preceding two full years the Chairperson- Financial instruments in use during the reporting period con- in-Office refers the issue to the Permanent Council. The sisted of cash, bank accounts, term deposits, accounts receivable Permanent Council shall take concrete measures to ensure and accounts payable. No transactions involving derivative early payment by the participating State concerned (Ref. financial instruments were made during the reporting period. Financial Regulation 4.09).

The fair value of Cash and Short-term Deposits, Accounts Receivable and Accounts Payable approximates their carrying In 2011, participating States in arrears for two full years or more amount. A review of amounts outstanding for Assessed reduced their outstanding balances as follows: Contributions Receivable resulted in the recognition of an allowance to reflect the impact of doubtful debts (see Note 4.3). EUR ‘000

Note 3 - Cash Participating State Amount paid in 2011 Kyrgyzstan 46 Tajikistan 99 Cash and Short-term Deposits comprise cash on hand, cash at Total 145 bank, and short-term deposits. Cash is managed centrally to ensure the safekeeping of funds and to reduce risk related to exchange rate and interest rate exposure. Cash, bank balances 4.3 Allowance for Doubtful Debts and short-term investments as at 31 December 2011 amounted Based on each participating State’s historical pattern of pay- to EUR 64,228 thousand. EUR 28,503 thousand of this ment, an allowance for doubtful debts has been established in amount is in respect of budgetary funds (including Revolving 2011 in accordance with IPSAS 15, to bring the balance of and Contingency Funds) and EUR 35,725 thousand is in Assessed Contributions Receivable in line with its fair value. respect of extra-budgetary funds. A detailed schedule of Bank The allowance of EUR 4,898 thousand was calculated as 100% and Cash Balances is reflected in Appendix I. In accordance of the outstanding receivable from participating States whose with Financial Regulation 5.02, short-term investments were arrears equalled or exceeded the amount of contributions due made during the year in the form of time deposits of funds not for the preceding two full years as follows: needed for immediate requirements. A list of all investments made in 2011 and the respective interest rates are reflected in EUR ‘000 Appendix II. 2009 and Participating State prior 2010 2011 Balance The former Yugoslav Note 4 - Assessed Contributions Republic of Macedonia - 64 85 149 Kyrgyzstan 930 46 45 1,021 Tajikistan 260 46 45 351 Uzbekistan 2,914 232 231 3,377 4.1 Assessed Contributions Receivable Total 4,104 388 406 4,898 Assessed Contributions Receivable as at 31 December 2011 amounted to a total of EUR 8,929 thousand (EUR 8,598 thousand in 2010). In the first quarter of 2012 a total of EUR Note 5 - Accounts Receivable 518 thousand was received towards prior years’ outstanding contributions (EUR 505 thousand from Portugal, EUR 13 thousand from Andorra). A schedule of Assessed Contributions Accounts Receivable are carried at the original invoice amount, Receivable as at 31 December 2011 is reflected in Appendix III. less estimated doubtful debts based on a review of all outstanding amounts at the year-end. Accounts Receivable amounted to Payments of assessed contributions by participating States are EUR 2,524 thousand as at 31 December 2011 (EUR 2,400 credited to that State’s assessments in the order in which those thousand in 2010). This amount is comprised primarily of VAT assessments are made (Financial Regulation 4.06). reimbursements receivable and rent reimbursable from the Austrian government. As at 31 December 2011 no changes in the In 2011, Georgia and Armenia paid their respective long out- carrying amount of Accounts Receivable were identified. standing contributions in full (EUR 352 thousand and EUR 338 thousand). Turkmenistan paid EUR 276 thousand for out- standing contributions that were due in 2011 and for prior Note 6 - Prepaid Expenditure and Advances years, and currently has an outstanding balance of EUR 18 thousand for assessed contributions for 2011. Prepaid Expenditure and Advances amounted to EUR 2,210 thousand as at 31 December 2011 (EUR 5,210 thousand in 4.2 Uncollected Assessed Contributions 2010). This amount is comprised primarily of advances to sup- If a participating State has not paid all its assessed contribu- pliers, implementing partners and advances to staff for salaries tions and dues for special financing for the preceding finan- and travel. cial year by 1 April of the current financial year, the Secretary General requests that participating State to pay its arrears within 60 days. If payment is not made in full during Note 7 - Non-Current Assets that period, the Secretary General requests an explanation of the reasons for non-payment from the participating State concerned. The Secretary General informs the Advisory Non-current assets is comprised of advances to suppliers and Committee on Management and Finance of the steps taken implementing partners which are expected to be recovered as well as other initiatives undertaken and consults the more than 12 months after the reporting date.

62 NOTES

Note 8 - Accounts Payable Note 11 - Contributions Received in Advance

Accounts payable amounted to EUR 4,189 thousand as at 31 Assessed contributions received in advance amounted to EUR December 2011 (EUR 3,807 thousand in 2010). This amount 8,016 thousand as at 31 December 2011 (EUR 8,012 thousand is comprised of goods and services for which invoices were in 2010). This is mainly comprised of (a) the distribution of the received but not paid, as well as amounts owed to staff. 2009 cash surplus of a net amount of EUR 4,894 thousand, (b) budget revision related to the closure of the Office in Minsk which amounted to a decrease of EUR 940 thousand, and (c) Note 9 - Unliquidated Obligations the 2011 Year-end Unified Budget Revision which amounted to a decrease of EUR 2,660 thousand.

Unliquidated obligations charged to expenditure as at 31 December 2011 amounted to EUR 7,828 thousand (EUR Note 12 - Employee Benefits 10,447 thousand in 2010, which included an amount for cur- rent employee benefits of EUR 866 thousand that has been reclassified for comparison purposes in 2011). Savings on prior 12.1 Employee Benefits - Current year unliquidated obligations at 31 December 2011 amounted Current employee benefits are expected to be settled within 12 to EUR 1,153 thousand. months of the reporting date, and include payroll and allowances, assignment grants, education grants, annual leave, rest and recuperation, and home leave for employees in Field Savings on prior year Unliquidated Obligations (ULOs) Missions. While some of these liabilities were already being Expenditure accounted for on an accrual basis, others were impacted by the 2010 in 2011 (Savings) Fund Name Reserve for against 2010 on adoption of IPSAS 25 Employee Benefits. EUR ‘000 ULOs Reserve 2010 ULOs The amounts related to these liabilities were determined by an I. Funds Related to the Secretariat and Institutions independent actuary based on the methodology and assump- The Secretariat 1,893 1,429 (465) tions as described in Note 12.2 or calculated by the OSCE ODIHR 893 823 (71) based on personnel data and past experience, and are as follows: HCNM 9 9 (0) RFoM 72 63 (9) • Annual leave - in accordance with OSCE’s Staff Regulations, Augmentations 27 26 (1) upon separation, contracted OSCE officials shall receive pay- II. Funds Related to the OSCE Field Operations ment for unused leave days up to a maximum of thirty days. South-Eastern Europe Annual leave is considered as a current benefit and hence, is not Mission in Kosovo 665 627 (38) subject to actuarial valuation. The liability for annual leave was Tasks in Bosnia and calculated by multiplying the number of unused leave days as of Herzegovina 161 159 (3) 31 December 2011, up to a maximum of 30 days on the basis Office in Zagreb 8 6 (2) of the monthly net salary, including post adjustment, if applica- Mission in Serbia 482 275 (207) ble. Presence in Albania 215 188 (27) Mission to Skopje 296 269 (27) • Home leave and rest and recuperation leave - Heads of Mission to Montenegro 16 16 (0) Eastern Europe Mission and other fixed-term international Mission members, Mission to Moldova 79 73 (6) both contracted and seconded staff, are entitled to home leave Project Coordinator in Ukraine 121 117 (4) once every twelve months. In addition, for those staff serving in Office in Minsk 56 26 (30) duty stations designated as hazardous or hardship, there is an Caucasus additional entitlement to rest and recuperation leave once every Office in Yerevan 15 14 (1) twelve months. Office in Baku 171 137 (34) High Level Planning Group 1 0 (1) Currently the duty stations that qualify for rest and recuperation The Minsk Process 5 1 (4) are as follows: Personal Repr. of the CiO 107 104 (3) Central Asia Centre in Astana 188 136 (52) - Mission in Kosovo Centre in Ashgabat 100 84 (16) - Centre in Astana Centre in Bishkek 824 764 (60) - Centre in Ashgabat Project Co-ordinator in Uzbekistan 196 174 (23) - Centre in Bishkek Office in Tajikistan 210 188 (21) - Project Co-ordinator in Uzbekistan Network Operating Fund 52 3 (49) - Office in Tajikistan Extra-budgetary Funds 3,583 3,583 0 - Office in Yerevan

GRAND TOTAL 10,447 9,294 (1,153) The liabilities for both home leave and rest and recuperation leave were calculated by using estimates of travel costs based on Note 10 - Funds Held for Third Parties historical average costs.

An additional termination-related liability and related employ- Funds held for third parties amounted to EUR 3,799 thousand ee benefits entitlements for EUR 334 thousand were recog- as at 31 December 2011 (EUR 3,673 thousand in 2010). This nized in connection with the closure of the OSCE Office in amount consists primarily of funds received from participating Zagreb. States for payment of salaries to seconded staff on their behalf.

63 12.2 Employee Benefits - Non-Current Fund facility to employees and to monitor these arrangements. Non-current employee benefits relate to post-employment The balance of funds held for the benefit of OSCE Staff by the benefits, including repatriation benefits, and other non-current Provident Fund as at 31 December 2011 was EUR 76,882 benefits such as home leave for the staff in Secretariat and thousand. Institutions. The Provident Fund is administered by Generali Guernsey in • Home Leave - international fixed-term contracted staff mem- accordance with the contract. The OSCE obtains the Financial bers, including the Secretary General and Heads of Institutions Statements of Generali Guernsey on an annual basis to review are entitled to home leave once every two years. OSCE also the financial position of the company. The latest available finan- pays the costs of travel expenses of the spouse and dependent cial statements were in respect of the year ended 31 December children who reside at the duty station with the staff member. 2010 and were audited by PricewaterhouseCoopers CI LLP, The liabilities for home leave were calculated by using estimates Chartered Accountants, who gave an unqualified opinion on of travel expenses based on historical average costs. The effect of the financial statements. discounting was deemed immaterial. The Provident Fund Summary Statement for the year ending • Repatriation Benefits include: 31 December 2011 is shown in Appendix V.

- Repatriation Grant - OSCE pays repatriation grants to inter- national fixed term contracted staff members, including the Secretary General and the Heads of Institution, and their eligi- Note 13 - Material Assets ble dependents upon separation from service. The amount of the grant is calculated on the basis of the staff member’s last salary, excluding post adjustment, and the staff member’s com- The historical acquisition cost of material assets and attractive pleted years and months of qualifying service. items as at 31 December 2011 was EUR 40,151 thousand, the accumulated depreciation was EUR 29,770 thousand and the - Repatriation Travel - upon separation, the OSCE pays the net book value was EUR 10,382 thousand. The movement in travel expenses for fixed-term contracted OSCE officials, sec- material assets and attractive items during the year is sum- onded officials and international short-term contracted staff. marised in the following table and includes the historical acqui- The spouse and dependent children of international fixed-term sition cost of Extra- budgetary assets as at 31 December 2011 contracted staff members are also entitled to repatriation travel. amounting to EUR 2,946 thousand. The net book value of Extra-budgetary assets as at 31 December 2011 amounted to - Removal of Household Effects - upon separation, the EUR 2,351 thousand. Secretary General, Heads of Institution and international con- tracted staff members appointed for a period of not less than one year are entitled to the payment of the removal of house- hold effects. The costs to be reimbursement shall be the actual EUR ‘000 Total Total expenses incurred. Historical acquisition cost 2011 2010 Balance at 1 January 42,157 45,689 Additions 6,141 5,181 • Valuation - actuarial assumptions are required to be disclosed Disposals (8,147) (8,717) in the financial statements in accordance with IPSAS 25. The Cost Adjustments 0 4 following key assumptions and methods have been used by the Balance at 31 December 40,151 42,157 actuary to determine the value of non-current employee bene- fits to estimate the liability as of 31 December 2011: Accumulated depreciation Balance at 1 January (31,241) (35,340) - Discount rate of 2.85% derived in reference to market yields Depreciation charge for year (4,660) (11,466) of high quality corporate bonds - iBoxx Euro Corporates AA - Disposals 6,131 15,566 with a duration of 2.9 years which approximates the maturity Balance at 31 December (29,770) (31,241) terms of the related liabilities; Net book value as at 31 December 10,382 10,917 - Present value of future benefits based on salary projections; - Increase in salary of 2.5% per year; Summary as at - No increase in shipment costs; 31 December 2011 Material Assets Attractive Items Total EUR ‘000 - Decrease in travel costs of -2.0% per year; Historical Acquisition Cost 29,699 10,452 40,151 - Estimated years of service based on OSCE’s historical aver- Net Book Value 31 December 2011 7,617 2,765 10,382 ages.

12.3 Provident Fund The Provident Fund is a defined contribution plan. The employer contributions of 15% of salary are fixed and are rec- ognized as payroll expense. Employees contribute 7.5% of their salary and may make additional voluntary contributions of up to 15%. The assets are held by Generali Guernsey in the ben- eficial ownership of the employee. The Secretary General's responsibility is to establish arrangements to provide a Provident

64 NOTES

The following table shows the distribution of material assets The historical acquisition cost of assets retired in 2011 was and attractive items by Fund. EUR 8,147 thousand with a net book value of EUR 2,016 thousand.

Historical Net Book Percentage Accounting for proceeds from sales, insurance claims and reim- Acquisition Value as at based on Cost 31 Dec.2011 Net book bursements from employees, there was a net loss of EUR 1,665 EUR ‘000 Value thousand on assets retired in 2011, including EUR 594 thou- I. Funds Related to the Secretariat and Institutions sand due to extra-budgetary assets donated: The Secretariat 5,423 2,089 20.1% ODIHR 1,142 363 3.5% Gain/Loss on Assets Retired in 2011 HCNM 161 69 0.7% RFoM 48 15 0.1% EUR’ 000 Total II. Funds Related to the OSCE Field Operations Historical Acquisition Cost of Retired Assets 8,147 South-Eastern Europe Mission in Kosovo 12,438 1,934 18.6% Net Book Value of Retired Assets 2,016 Task in Bosnia and Herzegovina 4,986 934 9.0% Deduct Proceeds of Sale (including reimbursed amount Office in Zagreb 357 6 0.1% from employees, less removal costs) (285) Mission to Serbia 2,384 843 8.1% Deduct Proceeds received from insurance (66) Presence in Albania 1,133 251 2.4% Loss 1,665 Mission to Skopje 2,032 393 3.8% Mission to Montenegro 448 47 0.5% Eastern Europe Mission to Moldova 696 131 1.3% Project Co-ordinator in Ukraine 462 129 1.2% Note 14 - Cash and Other Losses Caucasus Office in Yerevan 529 138 1.3% Office in Baku 398 51 0.5% Cash and other losses for the year ended 31 December 2011 Funds Relating to the Conflict Dealt amounted to a total of EUR 29 thousand. with by the Minsk Conference 439 187 1.8% Central Asia Centre in Astana 428 102 1.0% Cash and Other Losses for 2011 Centre in Ashgabad 407 122 1.2% Fund Description EUR ‘000 Centre in Bishkek 2,719 1,328 12.8% Presence in Albania Uncollectible Receivables 1 Project Co-ordinator in Uzbekistan 779 353 3.4% Office in Tajikistan 2,744 898 8.6% Project Co-ordinator Uncollectible Receivables 14 Total 40,151 10,382 100.0% in Ukraine Office in Minsk Uncollectible Receivables 7

Depreciation is calculated using the straight-line method so as Mission to Skopje Other Losses 2 to depreciate the initial cost over the estimated useful life. Centre In Bishkek Uncollectible Receivables 1 Useful life is the period of time over which an asset is expect- and Other Losses ed to provide service potential to the Organization. The cate- Mission to Kosovo Uncollectible Receivables 4 gories of material assets and the range of useful life for each are and Other Losses as follows: Total Cash and Other Losses 29

Historical Loss and Theft Report for 2011 - Material and Attractive Category Useful Life - Acquisition Assets (Net Book Value) of Material Asset Range of Years Cos t EUR’000 % Information and The net book value of lost and stolen material and attractive Communication Technology 3 to 10 14,711 36.6% assets in 2011 amounted to EUR 130 thousand. Vehicles and Components 5 to 10 13,094 32.6% Grand Office Equipment EUR ‘000 Loss Theft Total and Supplies 3 to 5 1,635 4.1% Power Generation 3 to 5 1,709 4.3% Mission to Kosovo 1 0 1 Building and Construction 3 to 5 1,449 3.6% Mission to Skopje 1 0 1 Security and Safety Mission to Montenegro 1 0 1 Equipment 4 to 25 1,113 2.8% Centre in Bishkek 122 3 125 Electrical Systems 4 to 7 955 2.4% Office in Tajikistan 2 0 2

Printing, Audio and Visual Total Net Book Value 127 3 130 Equipment 3 to 8 1,142 2.8% Conditioning Systems and Equipment 5 to 8 1,687 4.2% Further information is provided regarding the disclosure made Domestic Appliances in the 2010 financial statements indicating the potential for a and Supplies 3 to 7 689 1.7% large-scale write-off due to losses and theft at the Centre in Laboratory and Measuring Bishkek.The Secretariat conducted a physical verification of Equipment 3 to 5 499 1.2% material assets and attractive items in the Centre in Bishkek in Materials Handling and 2011, which resulted in an un-reconciled difference between Storage Machinery 5 to 10 474 1.2% the physical verification and the net book value (NBV) record- Other Assets 3 to 10 993 2.5% ed in the subsidiary ledger of EUR 121 thousand. The Fund Total 40,151 100.0% Materials Management Committee subsequently approved the write-off of the NBV in 2011. As these items were expensed when acquired, there was no impact on the financial statements.

65 Note 15 - Extra-budgetary Contributions Note 18 - Ex-Gratia Payments

Income from Extra-budgetary contributions is recorded on a There were no ex-gratia payments during 2011 (EUR 9 thou- cash basis. Total Extra-budgetary contributions received in 2011 sand in 2010). amounted to EUR 17,186 thousand. Pledges received in 2011 against extra-budgetary projects amounted to EUR 15,086 thousand, of which EUR 10,212 thousand were received as Note 19 – Leases and Contractual Obligations income in 2011 and EUR 4,874 thousand remained outstand- ing as at 31 December 2011. Extra-budgetary contributions received in 2011 in respect of pledges made in previous years The total contractual obligations extending beyond 31 amounted to EUR 6,971 thousand. December 2011 amount to approximately EUR 12,018 thou- sand. If notice was given on 31 December 2011 to terminate Extra-budgetary Funds established by the Permanent Council these contractual obligations on 31 December 2011, the are as follows: amount would be approximately EUR 1,686 thousand.

• The Fund to foster the integration of recently admitted Lease agreements in the Secretariat, Institutions and Field participating States (PC.DEC/23, 2 March 1995); Offices refer mainly to lease of premises and office equipment. • The Fund to support OSCE Action for Peace, Democracy These lease agreements are classified as operating leases and the and Stability in Bosnia and Herzegovina (PC.DEC/101, related lease payments are charged as expense over the period of 11 January 1996); the lease. • The Fund for Activities Related to Economic Aspects of Security (PC.DEC/150, 19 December 1996); Future minimum lease payments include payments for such • The Fund relating to the Stability Pact for South Eastern rented premises and equipment that would be required until the Europe (PC.DEC/306, 1 July 1999); earliest possible termination date under the respective agree- • The Fund for Activities Related to the Removal and ments. There are no agreements that contain purchase options. Destruction of Russian Ammunition and Armaments from Moldova (PC.DEC/329, 9 December 1999); The total amount of future minimum lease payments under • The Fund for Activities related to the reduction of Military non-cancellable operating leases is as follows: Forces and equipment from Georgia (293rd Reinforced Meeting of the Permanent Council on Georgia, 17 July 2000); EUR ‘000 • The Bishkek International Conference on Enhancing Within 1 to 5 After Security and Stability in Central Asia: Strengthening 1 year Years Years Total Comprehensive Efforts to Counter Terrorism (PC.DEC/440, 11 October 2001). 31 December 2011 902 - - 902 • The Partnership Fund (PC.DEC/812, 30 November 2007).

Extra-budgetary contributions that do not fall under Funds established by the Permanent Council are classified, under “Other Activities and Special Projects”. Note 20 – Events after the Reporting Date

Note 16 - Other Adjustments The 2011 Unified Budget was decreased by EUR 2,660 thou- sand to a final amount of EUR 147,165 thousand as a result of In 2011, other adjustments of EUR 199 thousand was due to the OSCE 2011 Year-end Unified Budget Revision the reclassification from funds held for Extra-budgetary contri- (PC.DEC/1030, 16 February 2012). butions to third parties (in 2010 EUR 114 thousands was trans- ferred from third parties to Extra-budgetary contributions). The mandate of the OSCE Office in Zagreb was not extended beyond 31 December 2011 (PC.DEC/1026, 15 December 2011) and the office ceased operations on 31 March 2012. Note 17 - Contingent Liabilities Employee benefits liabilities for termination amounted to approximately EUR 334 thousand and was recognized in the financial statements as of 31 December 2011. The OSCE Mission in Kosovo has received multiple claims from different entities requesting payment of back rent for five Pursuant to PC.DEC/1033 dated 22 March 2012, the OSCE premises previously occupied by the Mission. As of 31 Enterprise Resource Planning (ERP) Upgrade Fund was estab- December 2011, no claim has been settled as no claimant has lished and will be funded by allocating EUR 3,930 thousand in submitted convincing proof of legal ownership of any of the three equal instalments of EUR 1,310 thousand from each of premises during the period the Mission occupied the proper- the 2009, 2010 and 2011 cash surplus. This Decision had no ties. Consequently, there remain numerous uncertainties regard- effect on the financial statements as at 31 December 2011. ing the legality of these claims that prevent the OSCE to esti- mate an amount, if any, of a contingent liability.

66 Appendices APPENDIX I

Appendix I - Bank and Cash Balances as at 31 December 2011

EUR '000 Financial Institution Currency Interest rate Balance UniCredit Bank Austria - Current Account EUR 0.30% 86 UniCredit Bank Austria - Current Account USD 0.00% 22 UniCredit Bank Austria - Fixed Deposit EUR N/A 3,000 BNP Bank - Fixed Deposit EUR N/A 0 Deutsche Bank - Fixed Deposit EUR N/A 8,900 HSBC - Fixed Deposit EUR N/A 3,000 JPMorgan Chase - Fixed Deposit EUR N/A 0 SEB - Fixed Deposit EUR N/A 5,000 UniCredit Bank Austria – Revolving and Contingency Funds Fixed Deposit EUR N/A 4,890 Ceskoslovenska Obchodni Banka, Prague EUR 0.05% 2 Ceskoslovenska Obchodni Banka, Prague CZK 0.01% 51

Sub Total: Secretariat Budgetary Bank Accounts 24,951

UniCredit Bank Austria - Current Account EUR 0.30% 0 UniCredit Bank Austria - Fixed Deposit EUR N/A 3,000 BNP Bank - Fixed Deposit EUR N/A 12,000 Deutsche Bank - Fixed Deposit EUR N/A 0 HSBC - Fixed Deposit EUR N/A 4,000 JPMorgan Chase - Fixed Deposit EUR N/A 3,500 SEB - Fixed Deposit EUR N/A 7,000 Wells Fargo - Fixed Deposit USD N/A 6,225

Sub Total: Extra Budgetary Bank Accounts 35,725

Total : Secretariat Bank Accounts 60,676

Raiffeisen Bank, Warsaw - ODIHR EUR 0.20% 613 Raiffeisen Bank, Warsaw - ODIHR USD 0.10% 17 Raiffeisen Bank, Warsaw - ODIHR PLN WIBID 1W -1% 73 ING Bank, The Hague - HCNM EUR 0.10% 152

Total: Institutions Bank Accounts 854

Raiffeisen Bank Sh.a., Tirana EUR 0.50% 57 Raiffeisen Bank Sh.a., Tirana ALL 1.50% 7 Raiffeisen Bank dd Bosna i Hercegovina, Sarajevo EUR 0.00% 81 Raiffeisen Bank dd Bosna i Hercegovina, Sarajevo BAM 0.00% 38 Zagrebacka banka d.d., Zagreb EUR 0.07% 18 Zagrebacka banka d.d., Zagreb HRK 0.50% 54 Raiffeisen Bank Kosovo J.S.C., Pristina EUR 2.00% 44 ProCredit Bank Kosovo, Pristina EUR 1.00% 59 Komercijalna Banka A.D. Beograd, Belgrade EUR 2.00% 301 Komercijalna Banka A.D. Beograd, Belgrade RSD 0.00% 31 Komercijalna Banka A.D. Budva, Podgorica EUR 0.00% 55 ProCredit Bank, Skopje EUR 0.50% 280 ProCredit Bank, Skopje MKD 1.00% 51

Sub Total: South-Eastern Europe Bank Accounts 1,076

Closed joint-stock company OTP Bank, Kiev-Mykhailivsky EUR 0.50% 5 Closed joint-stock company OTP Bank, Kiev-Mykhailivsky UAH 1.00% 25 Universalbank S.A., Moldova EUR 0.00% 9 Universalbank S.A., Moldova MDL 0.00% 6

Sub Total: Eastern Europe Bank Accounts 45

The International Bank of Azerbaijan, Baku EUR 0.00% 145 The International Bank of Azerbaijan, Baku USD 0.00% 0 The International Bank of Azerbaijan, Baku AZN 0.00% 19 HSBC Bank Armenia cjsc, Yerevan EUR 0.00% 21 HSBC Bank Armenia cjsc, Yerevan AMD 0.00% 7 Bank of Georgia J.S.C., Tbilisi EUR 2.00% 50 Bank of Georgia J.S.C., Tbilisi USD 2.00% 0 Bank of Georgia J.S.C., Tbilisi GEL 3.00% 8

Sub Total: South Caucasus Bank Accounts 250

69 APPENDIX I

Appendix I - Bank and Cash Balances as at 31 December 2011 [continued]

EUR ‘000 Financial Institution Currency Interest rate Balance

ABN - AMRO Bank Kazakhstan, Almaty EUR 0.00% 12 ABN - AMRO Bank Kazakhstan, Almaty KZT 0.00% 1 ABN - AMRO Bank Kazakhstan, Astana EUR 0.00% 246 ABN - AMRO Bank Kazakhstan, Astana KZT 0.00% 5 Turkmen - Turkish Joint-Stock Commercial Bank, Ashgabat EUR 0.00% 21 Turkmen - Turkish Joint-Stock Commercial Bank, Ashgabat USD 0.00% 14 Turkmen - Turkish Joint-Stock Commercial Bank, Ashgabat TMT 0.00% 2 Demir Kyrgyz International Bank CJSC, Bishkek EUR 0.00% 196 Demir Kyrgyz International Bank CJSC, Bishkek USD 0.00% 0 Demir Kyrgyz International Bank CJSC, Bishkek KGS 0.00% 15 Demir Kyrgyz International Bank CJSC, Osh EUR 0.00% 111 Demir Kyrgyz International Bank CJSC, Osh USD 0.00% 0 Demir Kyrgyz International Bank CJSC, Osh KGS 0.00% 8 National Bank of Foreign Econ.Act., Tashkent EUR 0.00% 52 National Bank of Foreign Econ.Act., Tashkent USD 0.00% 4 National Bank of Foreign Econ.Act., Tashkent UZS 0.00% 15 TojikSodirotBonk, Dushanbe EUR 0.00% 235 TojikSodirotBonk, Dushanbe USD 0.00% 43 TojikSodirotBonk, Dushanbe TJS 0.00% 7

Sub Total: Central Asia Bank Accounts 988

Total: Field Operations Bank Accounts 2,360

Total Bank Accounts 63,890 Total Cash 338

Grand Total 64,228

70 APPENDIX II

Appendix II - Short-term Investments and Interest Rates for 2011 (EUR)

Amount Interest Rate From To EUR '000 % p.A.

16-Aug-10 17-Jan-11 3,000 0.64 16-Aug-10 16-Feb-11 4,890 1.05 11-Oct-10 11-Jan-11 2,000 0.97 22-Oct-10 24-Jan-11 3,000 0.78 29-Oct-10 31-Jan-11 2,500 1.07 30-Nov-10 28-Jan-11 2,000 0.59 6-Dec-10 7-Feb-11 2,500 0.58 10-Dec-10 10-Feb-11 2,000 0.85 14-Dec-10 14-Jan-11 2,000 0.46 14-Dec-10 14-Feb-11 5,000 0.50 17-Dec-10 17-Feb-11 4,900 0.57 17-Dec-10 17-Feb-11 4,000 0.49 20-Dec-10 20-Jan-11 3,000 0.75 21-Dec-10 4-Jan-11 2,500 0.50 22-Dec-10 22-Feb-11 3,000 0.62 28-Dec-10 11-Jan-11 1,400 0.48 29-Dec-10 5-Jan-11 3,000 0.77 29-Dec-10 28-Mar-11 2,000 1.01 29-Dec-10 28-Mar-11 4,000 0.63 29-Dec-10 28-Apr-11 3,000 0.70 30-Dec-10 13-Jan-11 5,000 0.30 4-Jan-11 4-Jul-11 2,500 1.25 11-Jan-11 11-Jul-11 2,000 1.25 13-Jan-11 14-Mar-11 5,000 0.51 14-Jan-11 14-Jul-11 3,000 1.24 17-Jan-11 18-Mar-11 3,000 0.49 17-Jan-11 17-Jun-11 3,000 0.98 17-Jan-11 18-Jul-11 3,000 1.06 20-Jan-11 20-Jul-11 2,500 1.16 20-Jan-11 20-Jul-11 4,000 1.27 21-Jan-11 21-Feb-11 4,000 0.50 24-Jan-11 24-May-11 3,000 0.92 28-Jan-11 28-Feb-11 5,000 0.55 31-Jan-11 31-May-11 2,500 1.13 10-Feb-11 3-Mar-11 4,000 0.64 14-Feb-11 14-Apr-11 4,000 0.64 16-Feb-11 16-Aug-11 4,890 1.25 17-Feb-11 17-May-11 4,900 0.81 21-Feb-11 21-Apr-11 4,000 0.57 21-Feb-11 22-Aug-11 3,000 1.25 24-Feb-11 24-Jun-11 4,000 0.99 28-Feb-11 28-Mar-11 5,000 0.45 28-Feb-11 28-Apr-11 5,000 0.64 11-Mar-11 11-May-11 4,000 0.69 16-Mar-11 23-Mar-11 5,000 0.51 16-Mar-11 16-May-11 4,000 0.69 18-Mar-11 8-Apr-11 4,000 0.40 23-Mar-11 23-May-11 4,000 0.78 24-Mar-11 23-Sep-11 5,000 1.52 28-Mar-11 27-Jul-11 4,500 1.00 28-Mar-11 29-Aug-11 4,000 1.30 28-Mar-11 28-Sep-11 7,500 1.41 31-Mar-11 31-May-11 5,500 0.80 31-Mar-11 3-Oct-11 3,500 1.55 1-Apr-11 1-Aug-11 4,000 1.27 1-Apr-11 1-Sep-11 4,000 1.40 4-Apr-11 4-Jul-11 4,000 0.94 8-Apr-11 6-May-11 5,000 0.45 21-Apr-11 21-Oct-11 1,500 1.65 28-Apr-11 11-May-11 8,000 1.15 11-May-11 18-May-11 4,000 0.90

71 APPENDIX II

Appendix II - Short-term Investments and Interest Rates for 2011 (EUR) [continued]

Amount Interest Rate From To EUR '000 % p.A.

11-May-11 11-May-11 16-May-11 17-May-11 19-May-11 23-May-11 30-May-11 31-May-11 1-Jun-11 1-Jun-11 3-Jun-11 3-Jun-11 3-Jun-11 6-Jun-11 17-Jun-11 17-Jun-11 24-Jun-11 30-Jun-11 30-Jun-11 1-Jul-11 4-Jul-11 8-Jul-11 11-Jul-11 12-Jul-11 18-Jul-11 18-Jul-11 20-Jul-11 26-Jul-11 1-Aug-11 8-Aug-11 9-Aug-11 16-Aug-11 16-Aug-11 16-Aug-11 22-Aug-11 22-Aug-11 29-Aug-11 29-Aug-11 29-Aug-11 1-Sep-11 1-Sep-11 12-Sep-11 19-Sep-11 26-Sep-11 28-Sep-11 30-Sep-11 3-Oct-11 5-Oct-11 10-Oct-11 17-Oct-11 17-Oct-11 17-Oct-11 21-Oct-11 31-Oct-11 2-Nov-11 10-Nov-11 11-Nov-11 11-Nov-11 17-Nov-11 18-Nov-11 22-Nov-11 24-Nov-11 30-Nov-11 1-Jun-11 4,000 0.91 1-Jun-11 4,000 0.91 6-Jun-11 4,000 0.95 16-Aug-11 4,900 1.13 20-Jun-11 3,000 0.88 30-May-11 3,000 1.00 30-Jun-11 3,000 0.88 14-Jun-11 5,000 0.85 1-Jul-11 4,000 0.90 1-Aug-11 4,000 1.00 24-Jun-11 4,000 0.85 8-Jul-11 4,000 0.87 1-Sep-11 3,000 1.09 18-Jul-11 3,000 0.99 24-Jun-11 3,000 1.13 17-Nov-11 3,000 1.57 24-Nov-11 4,000 1.50 30-Sep-11 1,500 1.25 3-Oct-11 3,500 1.25 2-Nov-11 4,000 1.50 5-Sep-11 3,000 1.25 10-Oct-11 6,000 1.31 11-Nov-11 2,000 1.66 26-Jul-11 3,000 1.25 18-Nov-11 3,000 1.38 19-Dec-11 4,000 1.75 20-Dec-11 4,000 1.95 9-Aug-11 4,000 1.00 22-Aug-11 4,000 0.96 22-Aug-11 5,000 1.34 18-Aug-11 3,000 1.15 26-Sep-11 5,000 0.80 16-Dec-11 4,900 0.98 16-Jan-12 4,890 1.53 24-Oct-11 5,000 0.80 22-Nov-11 4,000 0.93 12-Sep-11 2,000 1.10 19-Sep-11 3,500 0.79 17-Oct-11 2,000 1.35 15-Sep-11 3,000 0.78 1-Dec-11 3,000 1.55 14-Nov-11 2,000 1.45 31-Oct-11 4,000 0.80 28-Nov-11 2,000 1.30 5-Oct-11 5,000 1.30 31-Oct-11 4,000 0.70 17-Oct-11 3,500 0.95 5-Dec-11 5,000 1.26 10-Nov-11 4,000 0.73 8-Nov-11 3,000 0.78 21-Nov-11 2,000 1.25 19-Dec-11 3,500 1.30 23-Jan-12 1,500 1.57 30-Nov-11 5,000 0.78 2-Dec-11 4,000 0.75 17-Nov-11 4,000 0.55 12-Dec-11 2,500 1.00 30-Dec-11 2,000 1.10 24-Nov-11 3,000 0.50 9-Dec-11 3,000 0.53 22-Dec-11 4,000 0.51 27-Dec-11 4,000 1.06 14-Dec-11 2,000 0.50

72 APPENDIX II

Appendix II - Short-term Investments and Interest Rates for 2011 (EUR) [continued]

Amount Interest Rate From To EUR '000 % p.A.

30-Nov-11 30-Dec-11 2,000 0.50 1-Dec-11 15-Dec-11 3,000 0.61 5-Dec-11 27-Dec-11 5,000 0.95 9-Dec-11 16-Dec-11 3,000 0.50 9-Dec-11 19-Dec-11 3,000 0.40 9-Dec-11 22-Dec-11 3,000 0.43 12-Dec-11 27-Dec-11 3,000 0.74 14-Dec-11 21-Dec-11 2,000 0.65 15-Dec-11 15-Mar-12 3,000 1.43 16-Dec-11 3-Jan-12 4,900 0.33 16-Dec-11 16-Jan-12 4,000 0.41 19-Dec-11 9-Jan-12 3,500 0.45 19-Dec-11 19-Mar-12 4,000 1.43 20-Dec-11 21-May-12 3,000 1.59 22-Dec-11 23-Jan-12 3,000 0.34 22-Dec-11 22-Mar-12 4,000 0.44 27-Dec-11 3-Jan-12 3,000 0.95 27-Dec-11 26-Mar-12 4,000 1.20 27-Dec-11 28-May-12 5,000 1.36 30-Dec-11 20-Jan-12 3,500 0.20 30-Dec-11 29-Feb-12 3,000 0.95

Appendix II - Short-term Investments and Interest Rates for 2011 (USD) Extra-Budgetary Interest Rate From To USD '000 % p.A.

Extra-budgetary

15-Oct-10 18-Jan-11 1,300 0.30 20-Dec-10 20-Jan-11 2,300 0.40 28-Dec-10 18-Jan-11 4,900 0.25 20-Jan-11 20-Jul-11 8,300 0.67 20-Jul-11 21-Dec-11 8,300 0.30 21-Dec-11 18-May-12 8,300 0.40

73 APPENDIX III

Appendix III - Assessed Contributions Receivable as at 31 December 2011

EUR ‘000 2009 Participating State and prior 2010 2011 Balance

Albania 0 0 0 0 Andorra 0 0 13 13 Armenia 0 0 0 0 Austria 0 0 0 0 Azerbaijan 0 0 0 0 Belarus 0 0 0 0 Belgium 0 0 0 0 Bosnia-Herzegovina 0 0 0 0 Bulgaria 0 0 0 0 Canada 0 0 0 0 Croatia 0 0 0 0 Cyprus 0 0 0 0 Czech Republic 0 0 0 0 Denmark 0 0 0 0 Estonia 0 0 0 0 Finland 0 0 0 0 France 0 0 0 0 Georgia 0 0 0 0 Germany 0 0 0 0 Greece 0 0 0 0 Holy See 0 0 0 0 Hungary 0 0 0 0 Iceland 0 0 0 0 Ireland 0 0 0 0 Italy 0 0 0 0 Kazakhstan 0 0 0 0 Kyrgystan 930 46 45 1,021 Latvia 0 0 0 0 Liechtenstein 0 0 0 0 Lithuania 0 0 0 0 Luxembourg 0 0 0 0 Malta 0 0 0 0 Moldova 0 0 0 0 Monaco 0 0 0 0 Montenegro 0 0 0 0 Netherlands 0 0 0 0 Norway 0 0 0 0 Poland 0 0 0 0 Portugal 0 0 941 941 Romania 0 0 0 0 Russian Federation 0 0 0 0 San Marino 0 0 0 0 Serbia 0 0 0 0 Slovak Republic 0 0 0 0 Slovenia 0 0 0 0 Spain 0 0 3,059 3,059 Sweden 0 0 0 0 Switzerland 0 0 0 0 Tajikistan 260 46 45 351 The Former Yugoslav Republic of Macedonia 0 64 85 149 Turkey 0 0 0 0 Turkmenistan 0 0 18 18 Ukraine 0 0 0 0 United Kingdom 0 0 0 0 United States 0 0 0 0 Uzbekistan 2,914 232 231 3,377

Total 4,104 388 4,437 8,929

74 75 Appendix IV: OSCE Staffing Overview – Budgeted and Actual Staff Positions as at 31 December 2011

Inter national Staff L o c a l S t a f f GRAND Fund Contracted Seconded Sub-Total Proffesional General Service Sub-Total TOTAL number of positions Budget Actual Budget Actual Budget Actual Budget Actual Budget Actual Budget Actual Budget Actual

The Secretariat 142 133 39 32 181 165 0 0 186 176.5 186 176.5 367 341.5 Office for Democratic Institutions and Human Rights 62 59 16 13 78 72 0 0 57 56 57 56 135 128 High Commissioner on National Minorities 16 15 5 4 21 19 0 0 9 9 9 9 30 28 Representative on Freedom of the Media 7 7 6 3 13 10 0 0 3 3 3 3 16 13

SECRETARIAT AND INSTITUTIONS 227 214 66 52 293 266 0 0 255 244.5 255 244.5 548 510.5 Mission in Kosovo 20 17 169 139 189 156 86 84 409 397 495 481 684 637 Tasks in Bosnia and Herzegovina 3 3 79 69 82 72 145 141 296.5 281.5 441.5 422.5 523.5 494.5 Office in Zagreb 0 0 3 3 3 3 6 5 10 10 16 15 19 18 Mission to Serbia 2 2 39 33 41 35 28 26 101 98 129 124 170 159 Presence in Albania 1 1 21 20 22 21 17 17 57 57 74 74 96 95 Mission to Skopje 5 4 51 47 56 51 19 18 103 102 122 120 178 171 Mission to Montenegro 1 1 13 11 14 12 6 6 26 26 32 32 46 44

South-Eastern Europe 32 28 375 322 407 350 307 297 1,002.5 971.5 1,309.5 1,268.5 1,716.5 1,618.5

Mission to Moldova 1 1 12 11 13 12 9 8 30 30 39 38 52 50 Project Co-ordinator in Ukraine 1 1 2 2 3 3 21 21 20 19 41 40 44 43

Eastern Europe 2 2 14 13 16 15 30 29 50 49 80 78 96 93

Office in Yerevan 1 1 6 5 7 6 12 12 28 28 40 40 47 46 Office in Baku 1 1 11 10 12 11 5 5 22.5 20.5 27.5 25.5 39.5 36.5 High-Level Planning Group 0 0 8 5 8 5 0 0 1 1 1 1 9 6 Personal Representative of the CiO on the Conflict Dealt with by 1 1 5 5 6 6 0 0 11 11 11 11 17 17 the Minsk Conference

Caucasus 3 3 30 25 33 28 17 17 62.5 60.5 79.5 77.5 112.5 105.5

Centre in Astana 1 1 5 4 6 5 4 4 18 18 22 22 28 27 Centre in Ashgabat 1 1 5 5 6 6 2 2 17 17 19 19 25 25 Centre in Bishkek 3 3 22 19 25 22 6 6 82 77 88 83 113 105 Project Co-ordinator in Uzbekistan 0 0 3 1 3 1 3 3 15 15 18 18 21 19 Office in Tajikistan 3 3 25 18 28 21 8 8 122 115 130 123 158 144

Central Asia 8 8 60 47 68 55 23 23 254 242 277 265 345 320

TOTAL FOR FUNDS RELATED TO OSCE FIELD OPERATIONS 45 41 479 407 524 448 377 366 1,369 1,323 1,746 1,689 2,270 2,137 TOTAL OSCE 2011 UNIFIED BUDGET POST TABLE 272 255 545 459 817 714 377 366 1,624 1,567.5 2,001 1,933.5 2,818 2,647.5 APPENDIX IV Appendix V: Provident Fund Summary Statement for the year ending 31 December 2011 Unaudited - For Information Purposes Only

DEPOSIT ADMINISTRATION FUNDS INTERNATIONAL EQUITY FUNDS EUROPEAN EQUITY FUND

Units EUR Units USD Units EUR Units USD Units EUR TOTAL ‘000 ‘000 ‘000 ‘000 ‘000 ‘000 ‘000 ‘000 ‘000 ‘000 EUR’000

Opening Balance 1 Jan 2011 51,172 62,497 4,996 6,100 22 614 25 928 99 965 Contributions/Premium Allocation 10,610 13,063 799 982 3 71 5 179 31 282 Unit Adjustments 108 133 1 8 Surrenders (4,579) (5,619) (599) (735) (1) (19) (2) (94) (13) (126) Withdrawals (1,306) (1,608) (65) (80) (1) (12) (1) (27) (3) (29) Switch Out (13) (16) (1) (34) (3) (26) Switch In 49 60 2 16 Transfer Out (701) (862) (29) (35) (2) (64) (5) (44) Transfer In Fees (Administration Fee and Establishment Charge) - - - - - - - - - - Total movements during year 4,167 5,151 106 132 0 6 0 (7) 10 81 Guaranteed Interest on Opening Balance 936 76 Guaranteed Interest on units accumulated during year 14 (1) Deposit Administration Units (additional interest) 1,021 1,265 163 202

Closing Balance 31 December 2011 56,360 69,863 5,266 6,510 22 25 109 Market Value as at 31 December 2011 581 847 920 Exchange Rate 1.3333 1.3333

Closing Balance 31 December 2011 in EUR '000 69,863 4,883 581 635 920 76,882

76 APPENDIX V The Organization for Security and Co-operation in Europe works for stability, prosperity and democracy in 56 States through political dialogue about shared values and through practical work that makes a lasting difference.

Informations clés

Organisation Organisation pour la sécurité et la coopération en Europe (OSCE)

Type de document annual-report

Date d'adoption 19 juillet 2012

Source OSCE