Quarterly
Financial
Report
(QFR)
Q1 2015
GS/OAS/SAF/DFAMS – May 18, 2015
QFR – updated content
Q1 2015
QFR – updated content
TABLE OF CONTENTS
Key financial data
Introduction
· Financial highlights from this quarter
· Budgetary execution and variances by chapter
· Combining Statement of Changes in Fund Balances
· Information on quotas
· Liquidity risk assessment
· Contributions from member states to OAS funds
· Disbursements by location
· Supplementary Appropriation CP/RES. 831
OAS Country Offices
· Expenditures by Country Office
· Statement of Funds Available
Specific Funds
· Key financial developments
· Signed donor agreements
· Expenditures by donor and pillar
· Statement of Changes in Fund Balance
· External financial audits requested by Specific Fund donors
Q1 2015
Key financial data
Q1 2015
Key financial data (1 of 4)
Q1 2015
Budgetary execution
Overall program-budget - YTD level of expenditures
Programmatic pillar with largest amount of YTD expenditures
23%
Integral development
Regular Fund:
YTD level of expenditures
24%
% of YTD expenditures related to personnel costs
63%
Fund for ICR:
YTD level of expenditures
23%
% of YTD expenditures related to personnel costs
74%
Specific Funds YTD expenditures
Legend:
this is a current management concern
management is actively monitoring the situation
management believes this is going above expectations
YTD year-to-date
USD 12.1 million
Key financial data (2 of 4)
Q1 2015
Information on Regular Fund quotas
Quota compliance:
# of member states current or considered current
13
# of member states not current (without arrears)
16
# of member states not current (and with arrears)
5
Total balance due at the beginning of the year:
USD 94.1 million
Due from arrears
USD 11.7 million
Due from current assessment
USD 82.4 million
Net quota payments received so far this year
USD 27.9 million
Projected total balance due by year-end based on payment plans/ history
USD 23.7 million
Legend:
this is a current management concern
management is actively monitoring the situation
management believes this is going above expectations
YTD year-to-date
Key financial data (3 of 4)
Q1 2015
Regular Fund liquidity risk assessment
Cash balance at the beginning of the year
Cash balance at the end of this period
USD 0
USD 7.65 million
Projected cash deficits:
First month to show a cash deficit
Month with possible maximum level of cash deficit
Amount of deficit in November
June
November
USD 20.15 million
Loan balance to Treasury Fund (2014) at the end of this period
USD 7.57 million
Loan balance to Treasury Fund (2015) at the end of this period
USD 0
Legend:
this is a current management concern
management is actively monitoring the situation
management believes this is going above expectations
YTD year-to-date
Key financial data (4 of 4)
Q1 2015
Specific Funds
YTD overall contributions received from donors
USD 8.8 million
YTD contributions - %change over same period last year
-31%
YTD contributions - %change over same period two years ago
-48%
YTD contributions - %change over same period last year by donor:
Member states
-75%
Permanent observers
255%
Institutions and other donors
82%
Amount of new donor agreements starting execution this year
USD 6.4 million
Programmatic pillar with largest amount of YTD expenditures
Democracy and gov.
Legend:
this is a current management concern
management is actively monitoring the situation
management believes this is going above expectations
YTD year-to-date
QFR – updated format with more narrative Q1 2015
Sample – liquidity risk assessment
Sample – contributions to Specific
Funds
OAS website - New section in
Accountability
http://www.oas.org/saf/dfams/default.asp
Q1 2015
Reports
organized by
category of
funds (e.g.
Regular,
Specific, Trust,
etc)
Latest
fiscal
period
(default
view)
Search
by fiscal
period
Latest quota
information and
payments
Brief
description of
each financial
report