ICPO-Interpol - General Assembly 66th Session - New Delhi - 15th-21st October 1997

HAVING EXAMINED Report No. 1 submitted by the General Secretariat, the second part of which contained the financial report on 1996, and Report No. 20 submitted by the External Auditors and relating to Interpol's adminis-trative and financial management,

The ICPO-Interpol General Assembly, meeting in New Delhi from 15th to 21st October 1997 at its 66th session:

APPROVES the Financial Report on the 1996 financial year and, in confor-mity with Article 27 of the Financial Regulations, grants the Secretary General a discharge in respect of the performance of his duties;

TAKES NOTE of Report No. 20 on Interpol's administrative and financial management in 1996, submitted by the External Auditors;

NOTES that the net accounting result on the Organization's balance sheet at 31st Decem-ber 1996 amounts to FRF 10,723,094.38;

DECIDES to accept the Executive Committee's proposal that:

• The sum of FRF 4,729,305.25 should be taken from the surplus at 31st December 1996 and transferred to the General Reserve Fund, to bring that Fund up to the level required by Article 17(1) of the Financial Regula-tions in the light of the statutory contributions owed to the Organiza-tion at 31st December 1996;
  
  
• The sum of FRF 800,000 should be taken from the surplus, transferred to the Capital Investment Fund, and used to provide the supplementary funds required for the conference hall and canteen extension construction project;
  
  
• The rest of the surplus, amounting to FRF 5,193,789.13, should be trans-ferred to the Capital Investment Fund to finance new projects.