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OAS Quarterly Resource Management and Performance Report

December 31, 2013

Secretariat for Administration and Finance

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Budget Execution Highlights

Budget Execution by Fund(January 1, 2013 to December 31, 2013)

A B C=A-B D=B/A

(in millions of USD) 2013 Execution

Regular FundPersonnel 53.024 51.479 1.545 97.1%Non-personnel 30.847 31.940 (1.093) 103.5%

Subtotal 83.871 83.419 0.452 99.5%

Indirect Cost Recovery (ICR)Personnel 3.893 3.687 0.206 94.7%Non-personnel 1.357 1.563 (0.206) 115.2%

Subtotal 5.250 5.250 0.000 100.0%

Specific FundsPersonnel 18.495 10.836 7.659 58.6%Non-personnel 53.482 44.487 8.995 83.2%

Subtotal 71.977 55.323 16.654 76.9%

All FundsPersonnel 75.412 66.002 9.410 87.5%Non-personnel 85.686 77.990 7.696 91.0%

TOTAL 161.098 143.992 17.106 89.4%

* Net of ICR charges (USD 6.852 million).

** Only expenditures are shown for Specific Funds.

Approved Budget Remaining

Budget%

Executed

Year-to-Date (Jan to Dec)

***

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Budget Execution Highlights

Notes to Budget Execution by Fund(January 1, 2013 to December 31, 2013)

- Regular Fund execution adjusted downward by approximately $1.5 million in personnel costs. Non-personnel costs slightly increased. Overall, budget was under executed by close to half a million.

- ICR budget was fully executed.

- Specific Funds execution level for 2013 is below 100 %, although is consistent with prior year.

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Budget Execution Highlights

Budget Execution by Programmatic Pillar and Fund (January 1, 2013 to December 31, 2013)

A B C D E=B+C+D F=E/A Approved

Budget

Year-to-Date (Jan to Dec) % Executed(in millions of USD) 2013 Regular Fund ICR Specific Funds Total

By Programmatic Pillar

Democracy and Governance 28.599 6.714 0.553 17.074 24.341 85.1%Human Rights 13.452 8.736 0.236 4.547 13.519 100.5%Integral Development 36.914 14.206 0.305 12.778 27.289 73.9%Multidimensional Security 26.990 5.146 0.850 18.300 24.296 90.0%Support for the Member States 16.585 15.859 0.308 1.210 17.377 104.8%

Subtotal 122.540 50.661 2.252 53.909 106.822 87.2%

Policy Direction 7.399 6.581 0.537 0.770 7.888 106.6%Administration 16.583 12.530 2.290 0.645 15.465 93.3%Infrastructure and Common Costs 14.576 13.646 0.171 - 13.817 94.8%

Subtotal 38.558 32.758 2.998 1.415 37.171 96.4% TOTAL 161.098 83.419 5.250 55.324 143.992 89.4% * Only expenditures are shown for Specific Funds, net of ICR charges (USD 6.852 million).

*

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Regular Fund Execution Variances

A B C=A-B D=B/A E=(D/A)*-1 Approved

Budget Year-to-Date (Jan to Dec)

Variance

% Executed

% Budget Variance

(in millions of USD) 2013 Execution Regular Fund

Chapter 1 - Office of the Secretary General 4.029 3.699 0.330 91.8% -8.2%Chapter 2 - Office of the Assistant Secretary General 3.677 3.842 (0.165) 104.5% 4.5% Chapter 3 - Principal and Specialized Organs 10.695 9.907 0.788 92.6% -7.4%Chapter 4 - Other Entities and Dependencies 1.481 1.460 0.021 98.6% -1.4% Chapter 5 - Secretariat for Legal Affairs 2.342 2.329 0.013 99.4% -0.6% Chapter 6 - Secretariat for Multidimensional Security 4.124 4.025 0.100 97.6% -2.4% Chapter 7 - Secretariat for Political Affairs 4.112 4.048 0.064 98.4% -1.6% Chapter 8 - Executive Secretariat for Integral Development 14.362 13.034 1.328 90.8% -9.2%Chapter 9 - Secretariat for External Relations 3.184 3.002 0.182 94.3% -5.7%Chapter 10 - Secretariat for Administration and Finance 9.904 10.048 (0.144) 101.5% 1.5% Chapter 11 - Basic Infrastructure and Common Costs 12.798 14.146 (1.348) 110.5% 10.5% *Chapter 12 - Conferences and Meetings Management 5.160 5.429 (0.269) 105.2% 5.2% *Chapter 13 - Offices and Units of the GS in the Member States 6.597 7.132 (0.534) 108.1% 8.1% *Chapter 14 - Compliance Oversight Management Bodies 1.404 1.319 0.085 94.0% -6.0%

TOTAL 83.871 83.419 0.452 99.5% -0.5%

Budget Execution by Chapter(January 1, 2013 to December 31, 2013)

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Explanations of Variances greater than 5% of Approved Budget

Regular Fund Projected Execution Variances

Chapter Explanation

Chapter 11 - Basic Infrastructure and Common Costs

Actual terminations, recruitment, transfers, and equipment higher than budgeted.

Chapter 12 - Conferences and Meetings Management

Actual cost of Permanent Council meetings exceeded approved budget.

Chapter 13 - Offices and Units of the GS in the Member States

Three posts were not part of the approved budget.

Financial Highlights

Regular Fund and ICRStatement of Changes in Fund Balance January 1, 2013 to December 31, 2013

(in millions of USD) Regular Fund ICR

Beginning Fund Balance (4.8) 0.2

Plus: Income 87.5 7.2

Less: Expenses & others 82.1 6.8

Less:Obligations 1.3 -

Ending Fund Balance (0.7)a) 0.6

a) Amount to be financed by USD 1,982,878 of quota receivables from member states.

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Financial Highlights

Regular Fund Situation if Quotas had been Received in FullStatement of Changes in Fund BalanceJanuary 1, 2013 to December 31, 2013

(in millions of USD) Actual

Regular Fund

Scenario: if Quotas had been Received in Full -

Regular Fund

Beginning Fund Balance (4.8) (4.8)

Plus:

Income 87.5 89.5

Less:

Expenses & others 82.1 82.1

Less:Obligations 1.3 1.3

Ending Fund Balance (0.7) (a) 1.3

a) Amount to be financed by USD 1,982,878 of quota receivables from member states.

Comparative Quota Collection(as of December 31, 2013)(in USD)

Financial Highlights

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Current Arrears

Year Quotas Collections Balance Due Prior Year BalancesCollection on

Balances Balance Due Total Balance Due

2012 81,105,400 78,815,661

2,289,739 2,908,247 348,371

2,559,876 4,849,615

2013 81,105,400 79,229,276

1,876,124 4,849,615 4,742,861 106,754 1,982,878

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Financial Highlights

Payments Received for 2013 Quotas after December 31, 2013:- Uruguay USD 174,600

Quota Balance Due from Member States as of December 31, 2013

(in USD)

Member State with Payment Plan Balance Due Member States without Payment Plan Balance Due

Jamaica 18,975 Antigua and Barbuda 31,142

Grenada 93,482

Haiti 27,700

St. Vincent and the Grenadines 35,830

Uruguay 174,600

Venezuela 1,601,149

Subtotal 18,975 Subtotal 1,963,903

Grand total 12/31/13 1,982,878

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Financial Highlights

Specific FundsStatement of Changes in Fund BalanceJanuary 1, 2013 to December 31, 2013

(in millions)      

Beginning cash balance 01/01 79.3

Add: contributions   68.4

Less: transfers, refunds and others 1.3

Less: expenditures   62.2

Ending cash balance 12/31 84.2

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Specific Funds Expenses by Type of Donor(as of December 31)(in millions of USD)

Financial Highlights

USD 62.2 Million

USD 62.2 Million

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Financial Highlights

Specific Funds Expenses by Pillar(as of December 31, 2013)

USD 62.2 Million

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Financial Highlights

Liquidity Risk Assessment

Cash Balance for 2013 by Month

- Satisfactory cash balances for year 2013.- Cash includes advance payments for 2014 quotas.

(in millions of USD) Actuals

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Total

Beginning Cash Balance 3.5 10.6 17.5 9.5 23.1 19.6 11.9 18.5 12.8 7.4 0.8 11.0 3.5

Inflows

Quota Collections 15.0 13.6 0.4 20.5 2.6 0.1 12.1 0.2 - 0.2 17.1 2.5 84.4

Other Income 0.0 0.0 0.0 0.0 0.0 - 0.5 - 1.0 0.1 - 1.1 2.9

Outflows

Payroll 4.3 4.3 4.3 4.3 4.3 4.3 4.3 4.3 4.2 4.2 4.3 4.3 51.5

Non payroll 3.5 2.4 4.1 2.7 1.8 3.5 1.7 1.5 2.2 2.7 2.7 2.0 30.9

Ending Cash Balance 10.6 17.5 9.5 23.1 19.6 11.9 18.5 12.8 7.4 0.8 11.0 8.3 8.3

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Human Resources Highlights

DHR Highlights of this quarter:

•2 new hires and 6 separations in the Regular fund during the 4th quarter of 2013.

•4 posts in the Regular fund announced in the 4th quarter for competition under Art. 44 of the General Standards.

•4 posts in the Regular fund announced in the 4th quarter for competitive recruitment under Call for Resumes process.

•6 new hires and 2 separations from service in the Specific funds during the 4th quarter of 2013.

•3 post in the Specific funds announced in the 4th quarter for competitive recruitment under Call for Resume process.