Letter dated 19 December 2005 from the Secretary-General addressed to the President of the Security Council I write further to my letter of 17 October 2005 to the President of the Security Council and to the letter dated 11 November 2005 from the President of the Security Council to me. Based on the above-mentioned letter of 17 October 2005, I have the honour to inform you that some progress has been made on the amendments to the letters of credit by the relevant authorities of the Government of Iraq. However, little progress has been made with regard to the processing of authentication documents. Bearing in mind the timetable envisaged in the annex to my letter of 17 October 2005 and the letter dated 11 November 2005 from the President of the Security Council, I am providing in the attached note an update on the implementation of the new arrangements concerning the termination of operations relating to the letters of credit raised against the United Nations Iraq Account. (Signed) Kofi A. Annan Annex Note by the Secretary-General on arrangements for terminating the operations relating to the letters of credit raised against the United Nations Iraq Account under Security Council resolution 1483 (2003) (Follow-up to the letter dated 11 November 2005 from the President of the Security Council addressed to the Secretary-General) 1. As I had indicated in the annex to my letter of 17 October 2005, funding was retained for 549 letters of credit that were reported by BNP Paribas (the Bank) as open as of 31 July 2005. Subsequent to this, 44 letters of credit were paid, 17 were reinstated for purposes of making payments to suppliers who delivered goods in Iraq and 3 were cancelled with no activity. Subsequent to my letter of 17 October 2005, the concerned authorities of the Government of Iraq provided the United Nations with 127 formal requests for amendments and reinstatements to the existing letters of credit as a result of which shipment dates and validity dates were extended for certain letters of credit, as indicated in paragraphs 4, 6, 9 and 11 of the annex to my letter of 17 October 2005 and table 1 below. After the processing of all amendment requests from the relevant authorities of the Government of Iraq, funding for 524 letters of credit is still being retained in the United Nations Iraq Account as of 30 November 2005. Table 1 Summary of status of letters of credit Expiration period As reported in 8 August letter As per present report Net change Expired by 31 December 2004 249 223 (26) Expiring in 2005 286 162 (124) Expiring in 2006 12 137 125 Expiring in 2007 2 2 0 Total 549 524 (25) Letters of credit that had expired by 31 December 2004 2. It will be recalled that I had indicated in paragraph 3 of the annex to my letter of 17 October 2005 that the cash collateral supporting the 249 letters of credit that expired by 31 December 2004 would be kept in the United Nations Iraq Account until 31 December 2005 to allow the relevant authorities to process the authentication documents for goods that were shipped during the validity of the letters of credit. Twenty-six letters of credit were fully paid subsequent to my letter of 17 October 2005 as a result of which 223 letters of credit remained as of 30 November 2005, as shown in table 2. Funds associated with those letters of credit will be kept in the United Nations Iraq Account until 31 December 2005. 3. In addition, it should be recalled that I had indicated in the annex to my letter of 17 October 2005 that the relevant authorities had asked for an extension of some 46 letters of credit to 19 June 2006. After eliminating one letter of credit that was fully paid and four duplicate requests, that request was reduced to 41 letters of credit with a total value of 50 million United States dollars ($) as of 30 November 2005. It might also be recalled that I had concurred with the requests based on the urgency of the projects and the current situation in Iraq. The United Nations has so far received requests for extensions of four letters of credit, and they have been processed. The United Nations is ready to process the amendment requests for the remaining 37 letters of credit (see table 3) so long as the amendment requests are received by 31 December 2005. Letters of credit expiring in 2005 4. It should also be recalled that I had indicated in paragraph 6 of the annex to my letter of 8 August 2005 that the United Nations would reinstate or extend the validity period of the letters of credit for any of the 286 letters of credit expiring in 2005. As of 30 November 2005, upon receipt of formal requests, 36 letters of credit were paid in full and 3 were cancelled. A total of 39 were reinstated for payment in 2005, and 124 were extended through 2006, leading to a net change of 124 letters of credit that have been processed. Consequently, as shown in table 4, 162 letters of credit remain. The United Nations is ready to process requests for amendments for the remaining 162 letters of credit for shipment dates and expiry dates so long as the requests are received by 31 December 2005. Letters of credit due to expire in 2006-2007 5. As indicated in paragraph 9 of the annex to my letter of 17 October 2005, nine letters of credit were to be extended into 2006 and 2007. They now number eight after eliminating one duplicate request. The United Nations has received and processed extensions for four of the letters of credit as per the request of the relevant authorities of the Government of Iraq. I recall that I had indicated in paragraph 9 of the annex to my letter of 17 October 2005 that those letters of credit are related to vital electricity generation and oil infrastructure projects that are critical to the welfare of the Iraqi people. Hence, the United Nations is ready to process the extensions of the remaining four letters of credit so long as the necessary requests are received by 31 December 2005. 6. Furthermore, as indicated in paragraph 4 above, 124 letters of credit that were to expire by 31 December 2005 have been extended through 2006. In addition, two reinstatements were processed, and out of the 12 letters of credit reported in table 1 above, one letter of credit has been fully paid bringing the total number of letters of credit expiring in 2006 to 137 (see table 5). As shown in table 6, the letters of credit expiring in 2007 remain unchanged. Additional related issues 7. It should be recalled that in paragraph 10 of the annex to my letter of 17 October 2005 the relevant authorities of the Government of Iraq had also asked for reinstatements of 40 letters of credit. Those now number 37 with a total value of $63.2 million (see table 7). The United Nations has received and processed five amendments to the letters of credit and three letters of credit have been fully paid. 8. It should also be recalled that I had recommended in paragraph 11 of the annex to my letter of 17 October 2005 certain changes to three specific letters of credit (namely communication Nos. 930181, 902035 and 702374) (see table 8). All of the changes were received and have been processed by the United Nations and the Bank. Companies for which there is claim of delivery 9. It should be recalled that I had indicated in paragraph 2 of my letter of 17 October 2005 that the rate of processing of the authentication documents for the arrival of goods in Iraq had not improved significantly, as a result of which the Bank holding the funds for the United Nations Iraq Account had not been able to make payments promptly to suppliers as per the terms and conditions of the letters of credit. I had also indicated in paragraph 13 of the annex to my letter of 17 October 2005 that there were some outstanding issues that fall under the competence of the Government of Iraq. Those issues have not yet been resolved by the concerned authorities of the Government of Iraq. Although the Controller of the United Nations wrote a letter dated 21 November 2005 to the responsible authorities of the Government of Iraq, I would also like the Council to urge those authorities to process the authentication documents promptly so that payments can be made to the suppliers of the goods. 10. Please recall that the deadline for the receipt of authentication documents for letters of credit that expired in 2004 and for additional requests for amendments is 31 December 2005. Table 2 Letters of credit that had expired by 31 December 2004 Communication No. Letter of credit No. Issue date Expiry date Currency Amount Equivalent US$ Sector 631111 Z737428 25/10/2002 17/08/2004 EUR 12 077.10 14 208.35 Oil spares 702011 U726848 23/04/2001 05/08/2004 USD 1 957.50 1 957.50 Agriculture 830227 M727960 12/06/2001 25/11/2004 EUR 45 075.64 53 030.16 Oil spares 830275 C731366 04/12/2001 31/12/2004 GBP 13 229.91 22 770.93 Oil spares 830824 C733484 01/03/2002 31/12/2004 EUR 40 527.32 47 679.20 Oil spares 930591 L732612 19/12/2001 31/07/2004 EUR 9 544.43 11 228.74 Oil spares 1100583 V735742 26/06/2002 23/05/2004 EUR 5 372.74 6 320.87 Food handling 1230097 P751167 22/10/2003 18/10/2004 EUR 25 317.00 29 784.71 Oil spares 1300581 B751550 01/12/2003 31/08/2004 EUR 3 166.75 3 725.59 Food 4417 K712232 07/12/1998 30/12/2002 USD 97 000.00 97 000.00 Electricity 50457 Y751787 15/01/2004 16/11/2004 USD 19 823.00 19 823.00 Food 53499 Y720232 29/06/2000 22/09/2004 GBP 154 069.76 265 180.31 Oil spares 600655 Z728081 02/08/2001 30/12/2004 USD 489 049.11 489 049.11 Agriculture 600882 Z718687 04/04/2000 30/06/2004 USD 1 444 181.82 1 444 181.82 Education 601441 Z719977 07/06/2000 30/06/2004 USD 1 411 090.91 1 411 090.91 Education 601599 Z751750 06/01/2004 23/05/2004 USD 21 106.20 21 106.20 Agriculture 601909 Z727261 07/05/2001 31/12/2004 USD 796 254.00 796 254.00 Agriculture 630860 Z731736 04/12/2001 21/06/2004 USD 30 336.02 30 336.02 Oil spares 631023 Z751764 08/01/2004 26/10/2004 USD 140 909.00 140 909.00 Oil spares 631025 Z734374 11/04/2002 05/07/2004 USD 57 166.36 57 166.36 Oil spares 631028 Z751761 15/01/2004 26/11/2004 USD 672 727.00 672 727.00 Oil spares 631105 Z737307 04/03/2003 28/08/2004 EUR 100 318.73 118 022.04 Oil spares 631129 Z737913 19/11/2002 06/04/2004 EUR 103 931.09 122 271.87 Oil spares 700699 U720319 14/07/2000 30/11/2004 USD 1 489 597.09 1 489 597.09 Education 700824 U724641 07/12/2000 30/06/2004 USD 339 592.71 339 592.71 Electricity 702218 U726493 02/04/2001 06/08/2004 USD 246 434.35 246 434.35 Agriculture 702423 U726920 11/05/2001 26/11/2004 EUR 10 125 697.19 11 912 584.93 Agriculture 702556 U726050 23/02/2001 01/02/2004 EUR 1 060 085.00 1 247 158.82 Water and sanitation 702790 U739678 06/03/2003 31/08/2004 EUR 101 174.22 119 028.49 Health 730076 U722160 22/08/2000 30/10/2004 USD 4 909.28 4 909.28 Oil spares 730556 U724043 20/12/2000 31/07/2004 USD 20 150.00 20 150.00 Oil spares 730644 U732632 27/12/2001 20/08/2004 USD 385 000.00 385 000.00 Oil spares 730834 U728358 28/06/2001 30/06/2004 USD 30 050.44 30 050.44 Oil spares 730903 U733941 19/03/2002 20/08/2004 EUR 8 529.80 10 035.06 Oil spares 730971 U737440 03/10/2002 27/10/2004 EUR 486 785.80 572 689.18 Oil spares 731018 U737630 11/10/2002 09/02/2004 EUR 208 840.91 245 695.19 Oil spares 731024 U737646 16/10/2002 03/08/2004 EUR 1 743 368.80 2 051 022.12 Oil spares 731060 U750873 04/04/2003 05/07/2004 EUR 9 900.00 11 647.06 Oil spares 731066 U751624 11/12/2003 16/04/2004 EUR 521 445.45 613 465.24 Oil spares 800563 C734229 05/04/2002 30/06/2004 USD 103 414.30 103 414.30 Electricity 800783 C727202 14/05/2001 17/09/2004 EUR 2 110 290.91 2 482 695.19 Agriculture 800784 C727209 17/05/2001 23/06/2004 EUR 466 665.58 549 018.33 Agriculture 801214 C725898 21/02/2001 29/12/2004 EUR 142 149.41 167 234.60 Water and sanitation 801381 M728717 10/07/2001 29/04/2004 EUR 8 799.56 10 352.42 Health 801900 C736700 22/08/2002 31/07/2004 GBP 396 690.94 682 772.70 Health 802679 C731210 18/04/2002 20/10/2004 EUR 677 862.59 797 485.40 Agriculture 802945 C736601 11/09/2002 14/06/2004 EUR 351 255.73 413 242.04 Housing 802969 M737883 05/11/2002 20/09/2004 EUR 16 211.59 19 072.46 Housing 803076 M751050 10/09/2003 20/01/2004 EUR 239 546.58 281 819.51 Food 830077 C730889 05/10/2001 31/10/2004 EUR 110 703.97 130 239.96 Oil spares 830132 C731956 11/12/2001 17/09/2004 EUR 5 002.42 5 885.20 Oil spares 830330 C729335 30/07/2001 30/11/2004 EUR 264 431.33 311 095.68 Oil spares 830491 C730665 26/09/2001 09/08/2004 EUR 29 649.41 34 881.66 Oil spares 830492 C730663 26/09/2001 03/07/2004 EUR 67 153.05 79 003.59 Oil spares 830558 M734207 22/05/2002 20/07/2004 GBP 61 471.47 105 802.87 Oil spares 830608 C751475 21/11/2003 20/08/2004 EUR 23 100.00 27 176.47 Oil spares 830628 C731760 06/11/2001 31/12/2004 EUR 3 403.62 4 004.26 Oil spares 830633 C733123 29/01/2002 30/09/2004 EUR 15 365.58 18 077.15 Oil spares 830639 M734860 13/06/2002 30/11/2004 EUR 16 010.00 18 835.29 Oil spares 830896 M751563 01/12/2003 27/04/2004 EUR 10 886.72 12 807.91 Oil spares 900017 L726786 13/06/2001 02/04/2004 EUR 58 786.56 69 160.66 Food 900032 L728872 11/07/2001 13/09/2004 EUR 4 593 980.37 5 404 682.79 Housing 900045 L726681 04/05/2001 18/05/2004 EUR 1 201 635.40 1 413 688.71 Food 900446 L728019 12/06/2001 22/12/2004 EUR 3 962 847.08 4 662 173.04 Food handling 900461 L727919 08/06/2001 30/09/2003 EUR 659 097.36 775 408.66 Food 900611 L736725 23/08/2002 24/12/2004 EUR 825 890.88 971 636.33 Housing 900777 L730863 25/03/2002 17/03/2004 EUR 13 732.62 16 156.02 Communication/ transportation 901078 L751567 11/12/2003 23/09/2004 EUR 2 028.67 2 386.67 Food handling 901150 L732064 28/11/2001 29/08/2004 EUR 95 892.89 112 815.16 Water and sanitation 901306 L731155 19/11/2001 24/08/2004 EUR 991 373.45 1 166 321.71 Agriculture 901341 L737106 29/01/2004 27/04/2004 EUR 180 128.00 211 915.29 Food handling 901472 L751746 06/01/2004 24/10/2004 EUR 1 430.00 1 682.35 Agriculture 902086 L751589 11/12/2003 03/10/2004 EUR 320 600.00 377 176.47 Agriculture 902094 L738940 10/01/2003 05/01/2004 EUR 24 000.00 28 235.29 Communication/ transportation 930086 L751248 03/11/2003 30/11/2004 EUR 42 504.00 50 004.71 Oil spares 930144 L732417 07/12/2001 29/11/2004 EUR 147 262.57 173 250.08 Oil spares 930512 L751412 11/12/2003 19/06/2004 EUR 29 043.88 34 169.27 Oil spares 930584 L737103 28/10/2002 01/12/2004 EUR 75 288.15 88 574.29 Oil spares 930654 L739458 21/02/2003 28/12/2004 EUR 618 211.80 727 308.00 Oil spares 1000226 T731031 11/10/2001 30/10/2004 JPY 193 423 750.00 1 625 409.66 Food handling 1000238 T731919 30/11/2001 10/12/2004 EUR 752 210.16 884 953.13 Food handling 1000288 T731067 23/10/2001 10/10/2004 EUR 100 000.00 117 647.06 Food handling 1000467 T735279 11/09/2002 19/09/2004 EUR 25 401.34 29 883.93 Special allocation 1000584 T731846 14/02/2002 30/09/2003 EUR 969 000.00 1 140 000.00 Food 1000620 T733612 22/02/2002 29/04/2004 EUR 96 879.72 113 976.14 Health 1000623 T732881 15/02/2002 23/02/2004 EUR 533 590.91 627 754.01 Food handling 1000840 T734819 06/06/2002 30/04/2004 EUR 72 201.82 84 943.32 Water and sanitation 1000904 T736213 22/07/2002 30/10/2004 EUR 914 136.60 1 075 454.82 Health 1000942 T732391 18/12/2001 02/01/2004 EUR 6 145 445.90 7 229 936.35 Water and sanitation 1000944 T732490 10/12/2001 30/10/2004 EUR 55 650.93 65 471.68 Water and sanitation 1001074 T736512 13/08/2002 15/06/2004 EUR 591 298.72 695 645.55 Special allocation 1001099 T736818 05/09/2002 30/08/2004 EUR 566 910.36 666 953.36 Agriculture 1001126 T739328 31/01/2003 16/08/2004 EUR 40 869.69 48 081.99 Education 1001221 T736501 16/08/2002 15/06/2004 EUR 127 555.80 150 065.65 Special allocation 1001242 T733785 13/05/2002 15/12/2003 EUR 22.84 26.87 Electricity 1001275 T739181 31/01/2003 30/09/2004 EUR 83 661.67 98 425.49 Food handling 1001434 T733677 20/06/2002 30/10/2004 EUR 17 971.16 21 142.54 Food handling 1001636 T736742 28/11/2003 02/08/2004 EUR 174 181.85 204 919.82 Food handling 1001817 T738729 30/12/2002 20/06/2004 EUR 166 636.36 196 042.78 Education 1001915 T734618 12/02/2003 08/11/2004 EUR 128 302.72 150 944.38 Special allocation 1030021 T733888 18/03/2002 27/09/2004 EUR 17 270.22 20 317.91 Oil spares 1030035 T734737 13/06/2002 07/09/2004 EUR 35 731.49 42 037.05 Oil spares 1030158 T751513 24/11/2003 24/06/2004 EUR 129 939.84 152 870.40 Oil spares 1030194 T733963 25/03/2002 30/11/2004 GBP 146 559.00 252 253.01 Oil spares 1030389 T735614 01/07/2002 12/07/2004 EUR 93 799.99 110 352.93 Oil spares 1030451 T735631 25/06/2002 31/10/2004 EUR 42 093.67 49 521.96 Oil spares 1030463 T734293 10/04/2002 31/12/2004 EUR 1 944 760.00 2 287 952.94 Oil spares 1030464 T751365 17/11/2003 20/10/2004 EUR 769 086.90 904 808.12 Oil spares 1030485 T735010 21/05/2002 03/09/2004 EUR 37 597.00 44 231.76 Oil spares 1030568 T735765 27/06/2002 31/08/2004 EUR 12 086.35 14 219.24 Oil spares 1030614 T736022 15/07/2002 31/12/2004 EUR 323 043.39 380 051.05 Oil spares 1030622 T751572 03/12/2003 31/07/2004 EUR 70 914.92 83 429.32 Oil spares 1030705 T736373 02/08/2002 24/09/2004 EUR 106 220.91 124 965.78 Oil spares 1030728 T735299 14/06/2002 23/09/2004 EUR 19 895 105.31 23 406 006.25 Oil spares 1030740 T736084 17/07/2002 31/12/2004 EUR 4 827.00 5 678.82 Oil spares 1030768 T736348 02/08/2002 30/11/2004 EUR 11 605.01 13 652.95 Oil spares 1100016 V733855 30/04/2002 31/12/2004 EUR 117 610.53 138 365.33 Housing 1100020 V735808 05/07/2002 26/10/2004 EUR 3 108 156.16 3 656 654.31 Housing 1100025 V751128 08/10/2003 05/08/2004 EUR 72 670.00 85 494.12 Food 1100026 V733618 07/03/2002 31/05/2004 EUR 78 962.65 92 897.24 Food 1100032 V733879 25/03/2002 03/07/2004 EUR 6 059.20 7 128.47 Housing 1100075 V734155 03/04/2002 02/06/2004 EUR 28 972.90 34 085.76 Communication/ transportation 1100089 V736731 09/09/2002 26/07/2004 EUR 1 808 244.74 2 127 346.75 Housing 1100100 V734670 30/04/2002 30/03/2004 EUR 7 603 135.65 8 944 865.47 Food 1100127 V734288 08/05/2002 30/08/2004 EUR 70 791.60 83 284.24 Food 1100149 V734536 13/05/2002 26/07/2004 EUR 41 188.90 48 457.53 Housing 1100265 V734557 22/04/2002 31/12/2004 EUR 6 527.93 7 679.92 Education 1100304 V736362 02/08/2002 04/10/2004 EUR 889 380.80 1 046 330.35 Agriculture 1100376 V735152 16/07/2002 15/01/2004 EUR 16 001.08 18 824.80 Food 1100408 V736165 19/07/2002 26/09/2004 EUR 190 227.36 223 796.89 Housing 1100448 V735829 12/07/2002 06/08/2004 EUR 196 168.24 230 786.16 Housing 1100468 V736027 02/08/2002 30/12/2004 EUR 24 109.21 28 363.78 Electricity 1100617 V736411 13/08/2002 16/10/2004 EUR 31 467.31 37 020.36 Housing 1100626 V735321 19/06/2002 30/09/2004 EUR 7 504.45 8 828.76 Food 1100938 V735813 22/08/2002 30/09/2004 EUR 512 092.53 602 461.80 Food 1101025 V737519 11/10/2002 01/11/2004 EUR 31 892.73 37 520.86 Education 1101104 V735684 27/06/2002 02/07/2004 EUR 622 196.36 731 995.72 Food handling 1101106 V751800 03/03/2004 30/09/2004 EUR 1 567 388.24 1 843 986.17 Agriculture 1101334 V736589 04/02/2004 30/12/2004 EUR 10 048.34 11 821.58 Food handling 1101995 V738920 10/01/2003 30/06/2004 EUR 1 493 905.86 1 757 536.31 Electricity 1130059 V737241 26/09/2002 03/11/2004 EUR 44 196.02 51 995.32 Oil spares 1200030 P736398 07/08/2002 09/02/2004 EUR 8 008.34 9 421.58 Communication/ transportation 1200084 P750880 28/04/2003 28/07/2004 EUR 74 492.00 87 637.65 Food handling 1200115 P738581 17/12/2002 03/07/2004 EUR 4 110.00 4 835.29 Communication/ transportation 1200140 P736919 18/11/2002 31/01/2004 EUR 111 568.24 131 256.75 Food 1200187 P737968 05/11/2002 16/04/2004 EUR 790 948.64 930 527.81 Food 1200209 P736908 10/09/2002 30/01/2004 EUR 1 704 297.40 2 005 055.77 Food 1200231 P737265 18/11/2002 11/04/2004 EUR 403 980.38 475 271.04 Food 1200278 P738491 18/12/2002 31/12/2004 EUR 255 095.74 300 112.64 Food 1200288 P750602 20/03/2003 30/04/2004 EUR 12 521.25 14 730.88 Health 1200354 P737229 03/10/2002 28/04/2004 EUR 3 229.66 3 799.60 Food 1200370 P738022 22/11/2002 30/09/2004 EUR 1 182 728.00 1 391 444.71 Water and sanitation 1200427 P737328 19/11/2002 19/12/2003 EUR 294 402.40 346 355.76 Water and sanitation 1200522 P750777 24/03/2003 31/07/2004 EUR 1 486 340.03 1 748 635.33 Food 1200538 P751207 17/10/2003 22/08/2004 JPY 5 362 477.00 45 062.83 Agriculture 1200561 P750624 10/04/2003 14/06/2004 EUR 281 086.58 330 690.09 Health 1200581 P739065 23/01/2003 26/07/2004 EUR 3 833 318.00 4 509 785.88 Food 1200675 P751080 17/09/2003 30/05/2004 EUR 958 734.66 1 127 923.13 Food 1200702 P737959 12/11/2002 07/04/2004 EUR 87 294.44 102 699.34 Food handling 1200756 P738539 10/10/2003 15/09/2004 EUR 6 064 397.78 7 134 585.62 Food 1200837 P738609 20/12/2002 30/06/2004 EUR 75 273.75 88 557.35 Electricity 1200840 P738507 17/12/2002 21/07/2004 USD 1 107 792.00 1 107 792.00 Electricity 1200849 P738528 16/12/2002 31/07/2004 EUR 108 472.82 127 615.08 Electricity 1200994 P751686 24/12/2003 30/11/2004 EUR 1 237 893.02 1 456 344.73 Food handling 1201335 P750290 04/03/2003 31/07/2004 EUR 11 403.82 13 416.26 Health 1201345 P750187 01/10/2003 30/06/2004 EUR 480 438.28 565 221.51 Food 1201376 P750630 06/10/2003 20/07/2004 EUR 8 848 539.20 10 410 046.12 Food 1201433 P751682 23/12/2003 19/08/2004 EUR 11 635.25 13 688.53 Agriculture 1201536 P750223 03/03/2003 20/08/2004 EUR 26 700.57 31 412.44 Education 1201537 P750642 10/03/2003 20/08/2004 EUR 44 852.23 52 767.33 Education 1201541 P750537 06/03/2003 05/03/2004 EUR 32 572.83 38 320.98 Education 1230032 P738455 12/12/2002 12/10/2004 USD 239 145.39 239 145.39 Oil spares 1230056 P738838 31/12/2002 04/08/2004 EUR 25 167.00 29 608.24 Oil spares 1230064 P750527 06/03/2003 31/07/2004 EUR 9 017.00 10 608.24 Oil spares 1230072 P738542 16/12/2002 31/12/2004 EUR 7 311.00 8 601.18 Oil spares 1230078 P738591 18/12/2002 21/08/2004 EUR 186 694.56 219 640.66 Oil spares 1230106 P738747 14/03/2003 31/12/2004 EUR 26 821.92 31 555.20 Oil spares 1230134 P738454 09/12/2002 17/09/2004 EUR 97 354.29 114 534.46 Oil spares 1230159 P738616 23/12/2002 17/11/2004 EUR 197 999.72 232 940.85 Oil spares 1230165 P750440 04/03/2003 31/07/2004 EUR 72 973.00 85 850.59 Oil spares 1230235 P738448 13/12/2002 27/07/2004 EUR 252 030.19 296 506.11 Oil spares 1230246 P738714 26/03/2003 11/10/2004 EUR 4 545.00 5 347.06 Oil spares 1230254 P738674 24/12/2002 27/09/2004 EUR 17 500.09 20 588.34 Oil spares 1230259 P738750 27/12/2002 16/08/2004 EUR 67 599.81 79 529.19 Oil spares 1230276 P751455 17/11/2003 10/04/2004 EUR 8 440.14 9 929.58 Oil spares 1230313 P750258 26/02/2003 17/04/2004 EUR 24 903.00 29 297.65 Oil spares 1230410 P739149 29/01/2003 31/07/2004 EUR 7 850.00 9 235.29 Oil spares 1230417 P751267 07/11/2003 20/10/2004 EUR 81 522.36 95 908.66 Oil spares 1230448 P739150 31/01/2003 14/06/2004 EUR 1 379 960.00 1 623 482.35 Oil spares 1230555 P751469 24/11/2003 13/10/2004 EUR 3 633.47 4 274.67 Oil spares 1230556 P751484 24/11/2003 19/07/2004 EUR 3 000.00 3 529.41 Oil spares 1230558 P750349 12/03/2003 10/06/2004 EUR 4 812.10 5 661.29 Oil spares 1230588 P750096 04/03/2003 30/06/2004 EUR 495 000.00 582 352.94 Oil spares 1230596 P751490 03/12/2003 27/08/2004 EUR 6 500.50 7 647.65 Oil spares 1230606 P751359 17/11/2003 25/10/2004 EUR 54 598.00 64 232.94 Oil spares 1230615 P750175 03/03/2003 03/07/2004 EUR 494 765.66 582 077.25 Oil spares 1300015 B739399 07/02/2003 30/11/2004 EUR 3 130 157.02 3 682 537.67 Food 1300016 B739356 06/03/2003 16/04/2004 EUR 3 312 083.38 3 896 568.68 Food 1300021 B739304 03/02/2003 27/12/2004 EUR 6 588 958.85 7 751 716.29 Education 1300068 B750137 06/03/2003 01/05/2004 EUR 40 748.50 47 939.41 Food 1300130 B750294 10/03/2003 30/09/2004 EUR 101 868.00 119 844.71 Water and sanitation 1300132 B751092 17/09/2003 17/07/2004 EUR 20 317.72 23 903.20 Education 1300133 B751091 17/09/2003 17/07/2004 EUR 213 888.60 251 633.65 Education 1300134 B751090 17/09/2003 17/07/2004 EUR 283 112.54 333 073.58 Education 1300144 B750166 14/03/2003 22/12/2004 EUR 29 641.34 34 872.16 Housing 1300205 B751129 29/09/2003 30/09/2004 EUR 197 750.00 232 647.06 Food 1300211 B751748 05/01/2004 24/08/2004 EUR 342 717.59 403 197.16 Agriculture 1300213 B750302 10/03/2003 13/12/2004 EUR 726 930.60 855 212.47 Food handling 1300215 B750425 06/03/2003 27/09/2004 EUR 356 142.28 418 990.92 Housing 1300218 B750711 14/03/2003 22/12/2004 EUR 125 802.55 148 003.00 Food handling 1300230 B750375 06/03/2003 28/05/2004 EUR 8 100.00 9 529.41 Food handling 1300236 B751689 05/01/2004 11/05/2004 EUR 81 000.00 95 294.12 Food handling 1300242 B751298 07/11/2003 30/10/2004 EUR 13 750.00 16 176.47 Food 1300338 B751676 24/12/2003 12/04/2004 EUR 110 054.53 129 475.92 Food handling 1300342 B750908 07/04/2003 07/11/2004 EUR 168 646.89 198 408.11 Electricity 1300345 B751725 05/01/2004 10/08/2004 EUR 706 270.14 830 906.05 Food 1300374 B751429 03/12/2003 05/04/2004 EUR 50 029.74 58 858.52 Food handling 1300396 B751597 15/12/2003 20/09/2004 EUR 86 751.00 102 060.00 Agriculture 1300410 B751516 03/12/2003 30/09/2004 EUR 176 954.07 208 181.26 Food 1300441 B751584 05/12/2003 15/08/2004 EUR 6 114.20 7 193.18 Food 1300592 B751517 24/11/2003 30/10/2004 EUR 57 672.50 67 850.00 Food 1300594 B751625 11/12/2003 31/10/2004 EUR 2 583 244.88 3 039 111.62 Food 1300728 B751622 11/12/2003 30/10/2004 EUR 11 980.98 14 095.27 Food Total 223 letters of credit 174 481 500.77 Table 3 Request for further shipment on letters of credit that expired in 2004 Communication No. Letter of credit No. Issue date Expiry date Currency Value Rate Equivalent US$ 830558 M734207 22/05/2002 20/07/2004 GBP 61 471.47 0.581 105 802.87 1000840 T734819 06/06/2002 30/04/2004 EUR 72 201.82 0.85 84 943.32 1000942 T732391 18/12/2001 02/01/2004 EUR 6 145 445.90 0.85 7 229 936.35 1001242 T733785 13/05/2002 15/12/2003 EUR 22.84 0.85 26.87 1030021 T733888 18/03/2002 27/09/2004 EUR 17 270.22 0.85 20 317.91 1030158 T751513 24/11/2003 24/06/2004 EUR 129 939.84 0.85 152 870.40 1030389 T735614 01/07/2002 12/07/2004 EUR 93 799.99 0.85 110 352.93 1030451 T735631 25/06/2002 31/10/2004 EUR 42 093.67 0.85 49 521.96 1030463 T734293 10/04/2002 31/12/2004 EUR 1 944 760.00 0.85 2 287 952.94 1030464 T751365 17/11/2003 20/10/2004 EUR 769 086.90 0.85 904 808.12 1030568 T735765 27/06/2002 31/08/2004 EUR 12 086.35 0.85 14 219.24 1030728 T735299 14/06/2002 23/09/2004 EUR 19 895 105.31 0.85 23 406 006.25 1230056 P738838 31/12/2002 04/08/2004 EUR 25 167.00 0.85 29 608.24 1230134 P738454 09/12/2002 17/09/2004 EUR 97 354.29 0.85 114 534.46 1230159 P738616 23/12/2002 17/11/2004 EUR 197 999.72 0.85 232 940.85 1230556 P751484 24/11/2003 19/07/2004 EUR 3 000.00 0.85 3 529.41 1230558 P750349 12/03/2003 10/06/2004 EUR 4 812.10 0.85 5 661.29 1230596 P751490 03/12/2003 27/08/2004 EUR 6 500.50 0.85 7 647.65 1300342 B750908 07/04/2003 07/11/2004 EUR 168 646.89 0.85 198 408.11 702556 U726050 23/02/2001 01/02/2004 EUR 1 060 085.00 0.85 1 247 158.82 731024 U737646 16/10/2002 03/08/2004 EUR 1 743 368.80 0.85 2 051 022.12 731060 U750873 04/04/2003 05/07/2004 EUR 9 900.00 0.85 11 647.06 800783 C727202 14/05/2001 17/09/2004 EUR 2 110 290.91 0.85 2 482 695.19 830077 C730889 05/10/2001 31/10/2004 EUR 110 703.97 0.85 130 239.96 830227 M727960 12/06/2001 25/11/2004 EUR 45 075.64 0.85 53 030.16 830330 C729335 30/07/2001 30/11/2004 EUR 264 431.33 0.85 311 095.68 830492 C730663 26/09/2001 03/07/2004 EUR 67 153.05 0.85 79 003.59 830639 M734860 13/06/2002 30/11/2004 EUR 16 010.00 0.85 18 835.29 830896 M751563 01/12/2003 27/04/2004 EUR 10 886.72 0.85 12 807.91 930512 L751412 11/12/2003 19/06/2004 EUR 29 043.88 0.85 34 169.27 930584 L737103 28/10/2002 01/12/2004 EUR 75 288.15 0.85 88 574.29 1200840 P738507 17/12/2002 21/07/2004 USD 1 107 792.00 1 1 107 792.00 1230032 P738455 12/12/2002 12/10/2004 USD 239 145.39 1 239 145.39 601909 Z727261 07/05/2001 31/12/2004 USD 796 254.00 1 796 254.00 631023 Z751764 08/01/2004 26/10/2004 USD 140 909.00 1 140 909.00 631025 Z734374 11/04/2002 05/07/2004 USD 57 166.36 1 57 166.36 631028 Z751761 15/01/2004 26/11/2004 USD 672 727.00 1 672 727.00 Total 37 letters of credit 44 493 362.26 Table 4 Letters of credit that are due to expire in 2005 Communication No. Letter of credit No. Issue date Expiry date Currency Amount Equivalent US$ Sector 630881 Z731451 30/10/2001 01/03/2005 USD 9 694.20 9 694.20 Oil spares 731061 U750856 26/03/2003 31/01/2005 EUR 4 543.67 5 345.49 Oil spares 802930 C738981 08/01/2003 30/03/2005 EUR 34 589.69 40 693.75 Communication/ transportation 930217 L730502 18/09/2001 28/02/2005 EUR 6 980.05 8 211.82 Oil spares 1030460 T734525 22/04/2002 31/01/2005 EUR 2 300.00 2 705.88 Oil spares 1030563 T735378 11/06/2002 28/02/2005 EUR 56 700.00 66 705.88 Oil spares 1100727 V738036 14/07/2003 28/02/2005 EUR 10 924.08 12 851.86 Agriculture 1100795 V736160 23/08/2002 31/01/2005 EUR 8 681.94 10 214.05 Food handling 1101742 V751430 17/11/2003 28/02/2005 EUR 4 956.85 5 831.59 Food handling 1130099 V739291 31/01/2003 30/06/2005 EUR 22 290.13 26 223.68 Oil spares 1200859 P738573 23/12/2002 30/01/2005 EUR 7 350.00 8 647.06 Electricity 1201521 P750003 21/02/2003 19/01/2005 EUR 14 754.07 17 357.73 Communication/ transportation 1230124 P738562 03/05/2005 03/05/2005 EUR 19 329.00 22 740.00 Oil spares 1230206 P738533 06/05/2005 06/05/2005 EUR 97 411.45 114 601.71 Oil spares 1230244 P751527 11/12/2003 28/02/2005 EUR 9 212.44 10 838.16 Oil spares 1230316 P751454 12/04/2005 12/04/2005 EUR 4 245.10 4 994.24 Oil spares 1230322 P751742 02/01/2004 03/03/2005 EUR 18 861.50 22 190.00 Oil spares 1230581 P750936 08/04/2003 10/01/2005 USD 16 654.40 16 654.40 Oil spares 1230607 P750180 03/03/2003 31/03/2005 EUR 15 114.00 17 781.18 Oil spares 1230611 P751360 17/11/2003 14/02/2005 EUR 9 488.70 11 163.18 Oil spares 1230617 P751743 02/01/2004 30/01/2005 EUR 27 306.55 32 125.35 Oil spares 00278 K712779 02/02/1999 28/02/2005 USD 511 809.06 511 809.06 Oil spares 53314 Y726000 16/04/2001 17/05/2005 USD 209 600.00 209 600.00 Oil spares 600682 Z721575 21/09/2000 28/02/2005 USD 1 439 228.07 1 439 228.07 Health 600833 Z729302 05/03/2002 11/03/2005 USD 110 069.00 110 069.00 Communication/ transportation 601308 Z729547 20/03/2002 23/02/2005 USD 403 885.12 403 885.12 Communication/ transportation 601309 Z730434 20/09/2001 23/02/2005 USD 427 428.62 427 428.62 Communication/ transportation 601372 Z725512 26/04/2001 30/06/2005 USD 264 072.73 264 072.73 Electricity 601407 Z751626 11/12/2003 10/04/2005 USD 1 260 000.00 1 260 000.00 Education 630594 Z718946 18/04/2000 15/02/2005 USD 583 958.00 583 958.00 Oil spares 630753 Z721342 07/08/2000 04/07/2005 USD 2 369.58 2 369.58 Oil spares 631048 Z728693 20/07/2001 31/01/2005 USD 420 000.00 420 000.00 Oil spares 631094 Z733663 26/02/2002 29/01/2005 USD 74 426.00 74 426.00 Oil spares 631096 Z733661 26/02/2002 29/01/2005 USD 102 422.00 102 422.00 Oil spares 631121 Z751442 03/12/2003 10/07/2005 EUR 3 533 300.00 4 156 823.53 Oil spares 700232 U751804 27/04/2004 29/05/2005 EUR 2 223.04 2 615.34 Food handling 700663 U724186 25/01/2001 28/02/2005 USD 3 255 906.60 3 255 906.60 Electricity 700964 U720699 05/07/2000 30/01/2005 USD 1 380 887.02 1 380 887.02 Agriculture 701642 U722581 14/09/2000 28/02/2005 EUR 35 308.00 41 538.82 Electricity 702153 U735282 11/06/2002 15/02/2005 USD 9 045 000.00 9 045 000.00 Education 702695 U751695 05/01/2004 30/04/2005 USD 206 800.00 206 800.00 Water and sanitation 730756 U724988 20/12/2000 29/03/2005 USD 1 071 880.00 1 071 880.00 Oil spares 730877 U728285 20/06/2001 31/01/2005 EUR 99 965.65 117 606.65 Oil spares 730992 U751163 10/10/2003 21/02/2005 JPY 86 124 727.00 723 737.20 Oil spares 731059 U751385 14/11/2003 14/05/2005 EUR 35 089.21 41 281.42 Oil spares 800746 C725177 28/12/2000 31/01/2005 USD 396 051.00 396 051.00 Housing 801195 M728155 28/06/2001 20/05/2005 USD 1 149 910.00 1 149 910.00 Electricity 801210 C736999 09/12/2002 16/05/2005 EUR 292 622.47 344 261.73 Agriculture 801293 C725990 22/02/2001 14/05/2005 EUR 1 224.10 1 440.12 Water and sanitation 801416 C730777 09/10/2001 24/05/2005 EUR 811 539.37 954 752.20 Communication/ transportation 802175 C729588 08/08/2001 28/02/2005 EUR 411 845.00 484 523.53 Agriculture 802192 M728937 10/07/2001 17/03/2005 EUR 6 664 738.19 7 840 868.46 Communication/ transportation 802448 M738122 03/12/2002 31/03/2005 EUR 827 667.00 973 725.88 Education 830307 M728505 10/07/2001 04/03/2005 EUR 631 126.48 742 501.74 Oil spares 830694 M737946 18/11/2002 12/04/2005 JPY 159 664 718.00 1 341 720.32 Oil spares 830799 C732826 07/02/2002 22/04/2005 EUR 443 758.23 522 068.51 Oil spares 900052 L728766 03/07/2001 28/02/2005 EUR 46 828.52 55 092.38 Housing 900074 L728767 05/07/2001 31/03/2005 CHF 31 153.81 23 781.53 Housing 900525 L728655 27/06/2001 30/06/2005 EUR 336 478.18 395 856.68 Communication/ transportation 901312 L730858 18/12/2001 30/04/2005 EUR 137 103.93 161 298.74 Food handling 901392 L751798 09/02/2004 11/04/2005 EUR 11 537.70 13 573.76 Water and sanitation 901396 L751692 23/12/2003 12/02/2005 EUR 216 039.83 254 164.51 Water and sanitation 901554 L751594 11/12/2003 05/02/2005 EUR 13 179.00 15 504.71 Housing 901671 L733257 22/03/2002 31/07/2005 EUR 131 500.00 154 705.88 Water and sanitation 901987 L734729 31/05/2002 30/01/2005 EUR 600 000.00 705 882.35 Water and sanitation 902034 L735561 19/07/2002 18/05/2005 EUR 698 567.65 821 844.29 Food handling 902070 L737457 25/10/2002 11/01/2005 USD 76 069.26 76 069.26 Water and sanitation 902110 L739684 18/02/2003 01/03/2005 USD 629 943.18 629 943.18 Health 930071 L751562 03/12/2003 30/04/2005 EUR 348 889.45 410 458.18 Oil spares 930306 L732206 01/05/2002 31/01/2005 EUR 45 102.35 53 061.59 Oil spares 1000600 T732494 13/05/2002 26/03/2005 EUR 21 098 181.82 24 821 390.38 Housing 1000998 T733040 29/03/2002 10/02/2005 EUR 1 265 420.00 1 488 729.41 Food handling 1001802 T734067 05/06/2002 04/01/2005 EUR 3 240 000.00 3 811 764.71 Agriculture 1030086 T733143 28/01/2002 31/05/2005 EUR 30 545 141.00 35 935 460.00 Oil spares 1030206 T733793 13/03/2002 31/03/2005 EUR 566 105.00 666 005.88 Oil spares 1030318 T735346 11/06/2002 16/02/2005 EUR 18 000.00 21 176.47 Oil spares 1030481 T738241 05/12/2002 31/01/2005 EUR 125 044.91 147 111.66 Oil spares 1030562 T751384 05/12/2003 30/06/2005 EUR 2 318 000.00 2 727 058.82 Oil spares 1030605 T737614 10/10/2002 27/04/2005 EUR 1 346 583.40 1 584 215.77 Oil spares 1100102 V734534 30/04/2002 21/04/2005 EUR 500 517.73 588 844.39 Food handling 1100129 V736053 16/07/2002 17/01/2005 EUR 353 233.76 415 569.13 Housing 1100221 V734568 20/05/2002 15/02/2005 EUR 5 197 282.32 6 114 449.79 Agriculture 1100310 V736338 03/05/2005 03/05/2005 EUR 150 001.19 176 471.99 Agriculture 1100342 V738665 14/07/2003 28/02/2005 EUR 80 798.82 95 057.44 Agriculture 1100361 V736418 09/08/2002 30/04/2005 EUR 244 180.61 287 271.31 Housing 1100898 V736039 23/12/2002 13/04/2005 EUR 62 518.50 73 551.18 Electricity 1101137 V735663 01/07/2002 05/02/2005 EUR 1 215 472.96 1 429 968.19 Food handling 1101147 V735680 02/07/2002 02/05/2005 EUR 512 299.96 602 705.84 Food handling 1101148 V735682 02/07/2002 03/03/2005 EUR 776 809.00 913 892.94 Food handling 1101264 V737595 12/12/2002 17/04/2005 EUR 71 250.00 83 823.53 Special allocation 1101473 V736780 27/11/2002 15/02/2005 JPY 64 637 770.00 543 174.54 Agriculture 1102004 V738921 10/01/2003 28/02/2005 EUR 1 234 568.00 1 452 432.94 Electricity 1130047 V736283 26/07/2002 24/06/2005 EUR 3 103.85 3 651.59 Oil spares 1200005 P735970 17/07/2002 31/01/2005 USD 2 000 000.00 2 000 000.00 Communication/ transportation 1200043 P736357 14/08/2002 30/03/2005 EUR 498 340.91 586 283.42 Communication/ transportation 1200057 P736624 22/08/2002 30/01/2005 EUR 2 306 340.91 2 713 342.25 Communication/ transportation 1200291 P737772 18/11/2002 26/03/2005 EUR 2 235 571.27 2 630 083.85 Food handling 1200331 P737299 11/10/2002 31/01/2005 EUR 1 401.66 1 649.01 Water and sanitation 1200623 P751734 07/01/2004 15/03/2005 EUR 4 597 990.91 5 409 401.07 Food 1200653 P751773 15/01/2004 30/06/2005 EUR 1 201 323.60 1 413 321.88 Agriculture 1201397 P751406 17/11/2003 31/07/2005 EUR 15 105 454.30 17 771 122.71 Education 1201398 P750262 05/03/2003 28/02/2005 EUR 53 960.05 63 482.41 Food handling 1201399 P750659 10/03/2003 28/02/2005 EUR 6 044.60 7 111.29 Food handling 1201424 P750468 06/03/2003 10/04/2005 EUR 135 396.08 159 289.51 Communication/ transportation 1201429 P750492 06/03/2003 31/01/2005 EUR 42 637.00 50 161.18 Communication/ transportation 1201434 P750562 07/03/2003 28/02/2005 EUR 7 032 500.00 8 273 529.41 Housing 1230009 P751781 13/01/2004 28/02/2005 GBP 1 010 000.00 1 738 382.10 Oil spares 1230061 P738957 22/01/2003 17/04/2005 EUR 10 990.08 12 929.51 Oil spares 1230120 P751279 14/11/2003 15/02/2005 EUR 7 707.27 9 067.38 Oil spares 1230127 P751526 01/12/2003 31/01/2005 EUR 496 556.16 584 183.72 Oil spares 1230144 P738792 17/01/2003 28/03/2005 EUR 277 967.00 327 020.00 Oil spares 1230171 P751493 15/12/2003 20/02/2005 EUR 7 517 892.83 8 844 579.80 Oil spares 1230172 P751655 03/05/2005 03/05/2005 EUR 10 594.90 12 464.59 Oil spares 1230177 P751197 17/10/2003 28/02/2005 EUR 106 665.03 125 488.27 Oil spares 1230255 P738650 23/12/2002 01/04/2005 EUR 333 912.22 392 837.91 Oil spares 1230271 P751411 17/11/2003 31/01/2005 EUR 166 100.00 195 411.76 Oil spares 1230318 P750352 12/03/2003 30/04/2005 EUR 2 278 637.76 2 680 750.31 Oil spares 1230494 P739179 23/01/2003 28/02/2005 EUR 35 791.40 42 107.53 Oil spares 1230582 P751730 02/01/2004 01/04/2005 EUR 1 230 243.00 1 447 344.71 Oil spares 1230635 P751256 03/11/2003 20/06/2005 EUR 1 065 704.00 1 253 769.41 Oil spares 1300017 B751049 10/09/2003 31/01/2005 EUR 369 004.50 434 122.94 Food 1300020 B751749 13/01/2004 03/05/2005 EUR 6 371 619.00 7 496 022.35 Agriculture 1300022 B739303 04/02/2003 31/05/2005 EUR 6 363 622.73 7 486 614.98 Health 1300025 B751657 19/12/2003 01/05/2005 EUR 6 029 937.72 7 094 044.38 Agriculture 1300028 B751214 28/10/2003 03/05/2005 EUR 3 613 773.57 4 251 498.32 Agriculture 1300033 B750473 11/03/2003 31/01/2005 EUR 1 255 000.00 1 476 470.59 Communication/ transportation 1300122 B750248 14/03/2003 15/03/2005 EUR 1 546 660.91 1 819 601.07 Communication/ transportation 1300128 B750304 14/03/2003 30/01/2005 EUR 999 997.38 1 176 467.51 Water and sanitation 1300164 B750291 14/03/2003 21/04/2005 EUR 1 226 000.00 1 442 352.94 Food handling 1300553 B751627 11/12/2003 15/01/2005 EUR 67 489.48 79 399.39 Food 1330002 B751566 01/12/2003 31/03/2005 EUR 177 149.75 208 411.47 Oil spares 631157 Z751164 02/11/2005 02/11/2005 EUR 9 000.00 10 588.24 Oil spares 702457 U751751 29/08/2005 29/08/2005 EUR 29 477.70 34 679.65 Agriculture 702705 U751759 29/08/2005 29/08/2005 EUR 13 675.46 16 088.78 Agriculture 1030554 T751250 29/08/2005 29/08/2005 EUR 26 250.00 30 882.35 Oil spares 1200034 P736341 02/11/2005 02/11/2005 EUR 38 491.67 45 284.32 Communication/ transportation 1230483 P751780 29/08/2005 29/08/2005 USD 18 290.00 18 290.00 Oil spares 1230511 P751410 29/08/2005 29/08/2005 EUR 12 580.85 14 801.00 Oil spares 601333 Z718896 02/08/2000 04/08/2005 USD 6 826 434.71 6 826 434.71 Agriculture 630631 Z737711 29/08/2005 29/08/2005 USD 201 207.00 201 207.00 Oil spares 630960 Z725766 29/08/2005 29/08/2005 USD 172 984.00 172 984.00 Oil spares 700917 U728022 29/08/2005 29/08/2005 USD 4 400.00 4 400.00 Communication/ transportation 702374 U737961 15/11/2002 31/10/2005 USD 82 510 511.00 82 510 511.00 Electricity 801130 M728881 06/07/2001 06/08/2005 EUR 666 281.71 783 860.84 Health 801150 M728133 21/06/2001 31/12/2005 USD 12 583.88 12 583.88 Electricity 801598 C726086 04/04/2001 28/08/2005 EUR 4 811 895.25 5 661 053.24 Food handling 802524 C732902 29/08/2005 29/08/2005 EUR 48 524.23 57 087.33 Communication/ transportation 900143 L727322 29/08/2005 29/08/2005 EUR 479 721.75 564 378.53 Food 900151 L730499 18/10/2001 31/12/2005 CHF 2 195 008.82 1 675 579.25 Electricity 901066 L751671 23/12/2003 11/10/2005 EUR 17 150 000.00 20 176 470.59 Special allocation 901714 L735606 11/09/2002 31/08/2005 EUR 1 981 006.72 2 330 596.14 Water and sanitation 930181 L729782 21/08/2001 05/11/2005 EUR 30 483 545.05 35 862 994.18 Oil spares 1001314 T739010 19/03/2003 05/09/2005 EUR 12 798 400.00 15 056 941.18 Special allocation 1001374 T751694 06/01/2004 22/11/2005 EUR 12 312 000.00 14 484 705.88 Special allocation 1001516 T739665 12/01/2004 15/10/2005 EUR 12 426 000.00 14 618 823.53 Special allocation 1001517 T751770 15/01/2004 26/09/2005 EUR 12 236 000.00 14 395 294.12 Special allocation 1001519 T739664 12/01/2004 15/10/2005 EUR 12 426 000.00 14 618 823.53 Special allocation 1001885 T751084 22/09/2003 21/09/2005 EUR 1 213 225.00 1 427 323.53 Special allocation 1030640 T736824 29/08/2005 29/08/2005 EUR 88 278.30 103 856.82 Oil spares 1101710 V737379 02/12/2002 26/08/2005 EUR 30 574 807.38 35 970 361.62 Food handling 1230167 P750836 29/08/2005 29/08/2005 EUR 365 030.43 429 447.56 Oil spares 1300014 B751783 15/01/2004 30/11/2005 EUR 182 950.32 215 235.67 Industry Total 162 letters of credit 488 869 443.74 Table 5 Letters of credit that are due to expire in 2006 Communication No. Letter of credit No. Issue date Expiry date Currency Amount Rate Equivalent US$ Sector 53408 Y751811 28/01/2005 26/06/2006 USD 1 750 000.00 1 1 750 000.00 Oil sparesa 601654 Z725037 05/01/2001 15/01/2006 USD 29 075 718.14 1 29 075 718.14 Electricitya 601799 Z719838 25/05/2000 23/03/2006 USD 14 968 566.24 1 14 968 566.24 Agriculturea 801479 C733847 13/03/2002 15/04/2006 CHF 32 343 932.34 1.31 24 690 024.69 Electricitya 900991 L751810 18/01/2005 11/01/2006 EUR 2 579 874.42 0.85 3 035 146.38 Housinga 901749 L732684 15/05/2002 15/04/2006 CHF 2 840 838.26 1.31 2 168 578.82 Electricitya 930480 L731945 28/11/2001 31/01/2006 EUR 5 844 562.73 0.85 6 875 956.15 Oil sparesa 1200853 P738659 17/12/2002 15/04/2006 CHF 52 016 077.12 1.31 39 706 929.10 Electricitya 501020 Y715278 23/09/1999 31/05/2006 USD 703 345.60 1 703 345.60 Electricity 601701 Z722153 05/09/2000 19/06/2006 EUR 403 410.00 0.85 474 600.00 Electricity 601784 Z728055 14/09/2001 18/06/2006 USD 136 816.60 1 136 816.60 Agriculture 601979 Z726060 28/02/2001 19/06/2006 EUR 1 462 472.36 0.85 1 720 555.72 Housing 630537 Z728252 27/06/2001 19/06/2006 GBP 94 325.14 0.581 162 349.64 Oil spares 631031 Z751763 08/01/2004 18/06/2006 USD 2 174 545.00 1 2 174 545.00 Oil spares 631150 Z751174 15/10/2003 18/06/2006 EUR 7 326.00 0.85 8 618.82 Oil spares 631158 Z750350 13/03/2003 18/06/2006 EUR 14 332.00 0.85 16 861.18 Oil spares 631160 Z751564 03/12/2003 19/06/2006 EUR 102 003.00 0.85 120 003.53 Oil spares 700712 U732313 06/12/2001 19/06/2006 USD 275 125.00 1 275 125.00 Water and sanitation 702154 U725738 05/02/2001 19/06/2006 USD 4 239 023.24 1 4 239 023.24 Agriculture 702674 U751752 06/01/2004 19/06/2006 EUR 373 759.53 0.85 439 717.09 Water and sanitation 702787 U732869 09/01/2002 19/06/2006 EUR 1 438 783.16 0.85 1 692 686.07 Housing 730218 U726110 28/02/2001 19/06/2006 USD 424 152.00 1 424 152.00 Oil spares 730770 U731683 05/11/2001 19/06/2006 USD 21 697 591.06 1 21 697 591.06 Oil spares 730868 U728332 27/06/2001 18/06/2006 USD 572 727.00 1 572 727.00 Oil spares 730869 U728207 27/06/2001 18/06/2006 USD 241 400.00 1 241 400.00 Oil spares 730897 U736577 16/10/2002 19/06/2006 EUR 16 805 196.55 0.85 19 770 819.47 Oil spares 731032 U737779 23/12/2002 19/06/2006 EUR 3 098 068.18 0.85 3 644 786.09 Oil spares 800329 C729396 19/09/2001 18/06/2006 USD 6 605 315.78 1 6 605 315.78 Agriculture 800486 C726633 09/04/2001 19/06/2006 USD 616 483.92 1 616 483.92 Housing 800975 C725998 08/03/2001 19/06/2006 EUR 1 173 053.65 0.85 1 380 063.12 Housing 801061 C727374 06/06/2001 19/06/2006 EUR 1 608 112.97 0.85 1 891 897.61 Communication/ transportation 801103 C725591 05/02/2001 18/06/2006 EUR 785 149.35 0.85 923 705.12 Housing 801181 C725779 22/03/2001 30/03/2006 EUR 92 466.15 0.85 108 783.71 Agriculture 801344 C726197 08/03/2001 19/06/2006 EUR 1 649 038.64 0.85 1 940 045.46 Housing 801547 M728726 05/07/2001 19/06/2006 USD 7 737 162.00 1 7 737 162.00 Electricity 801639 M751744 07/01/2004 18/06/2006 EUR 196 000.00 0.85 230 588.24 Agriculture 801773 C729523 07/08/2001 18/06/2006 EUR 12 359 591.00 0.85 14 540 695.29 Communication/ transportation 801777 M728103 21/06/2001 18/06/2006 EUR 3 641 953.86 0.85 4 284 651.60 Agriculture 801967 M739195 29/01/2003 18/06/2006 CHF 14 597 450.10 1.31 11 143 091.68 Agriculture 802571 M750987 02/06/2003 19/06/2006 EUR 2 764 805.00 0.85 3 252 711.77 Water and sanitation 802673 C729573 01/08/2001 18/06/2006 USD 278 998.75 1 278 998.75 Agriculture 802719 C750829 21/05/2003 19/06/2006 EUR 5 290 551.00 0.85 6 224 177.65 Water and sanitation 802954 C738447 03/01/2003 19/06/2006 EUR 1 692 755.00 0.85 1 991 476.47 Housing 802968 C737867 30/10/2002 18/06/2006 EUR 1 720 862.55 0.85 2 024 544.18 Housing 802974 M738082 19/11/2002 18/06/2006 EUR 3 615 504.76 0.85 4 253 535.01 Agriculture 830267 M727734 07/06/2001 18/06/2006 EUR 71 364.80 0.85 83 958.59 Oil spares 830306 M728145 19/07/2001 19/04/2006 EUR 330 000.00 0.85 388 235.29 Oil spares 830726 C731589 29/08/2005 19/06/2006 EUR 726 367.20 0.85 854 549.65 Oil spares 900034 L727655 05/06/2001 19/06/2006 EUR 2 636 854.59 0.85 3 102 181.87 Housing 900209 L729055 19/07/2001 19/06/2006 EUR 11 047 204.55 0.85 12 996 711.24 Housing 900655 L737547 08/10/2002 18/06/2006 EUR 25 973 214.29 0.85 30 556 722.69 Education 900778 L737360 15/11/2002 19/06/2006 EUR 1 753 194.00 0.85 2 062 581.18 Electricity 900778 L737115 13/09/2002 19/06/2006 EUR 952 045.06 0.85 1 120 053.01 Electricity 900977 L730234 07/09/2001 19/06/2006 EUR 995 200.00 0.85 1 170 823.53 Housing 901658 L732558 18/12/2001 19/06/2006 EUR 167 796.18 0.85 197 407.27 Health 901788 L731638 21/05/2002 18/06/2006 EUR 48 763.71 0.85 57 369.07 Housing 902035 L735018 18/03/2005 19/06/2006 EUR 368 823.81 0.85 433 910.36 Communication/ transportation 902053 L736336 29/08/2005 19/06/2006 EUR 8 297 222.68 0.85 9 761 438.45 Water and sanitation 902090 L738698 16/01/2003 19/06/2006 USD 479 200.00 1 479 200.00 Water and sanitation 902105 L739676 18/02/2003 18/06/2006 EUR 638 616.88 0.85 751 313.98 Agriculture 930380 L731797 02/01/2002 19/06/2006 EUR 2 574 457.84 0.85 3 028 773.93 Oil spares 930449 L731831 28/11/2001 19/06/2006 EUR 607 857.60 0.85 715 126.59 Oil spares 930520 L735037 23/07/2002 19/06/2006 EUR 130 000.36 0.85 152 941.60 Oil spares 930599 L733054 29/01/2002 19/06/2006 EUR 845 729.20 0.85 994 975.53 Oil spares 1000299 T732141 05/12/2001 19/06/2006 EUR 47 323.26 0.85 55 674.42 Housing 1000426 T732124 05/12/2001 19/06/2006 EUR 2 094 143.75 0.85 2 463 698.53 Housing 1000445 T733494 13/03/2002 19/06/2006 EUR 4 732 117.60 0.85 5 567 197.18 Housing 1000446 T734532 30/04/2002 19/06/2006 EUR 1 692 755.55 0.85 1 991 477.12 Housing 1000454 T731373 29/10/2001 19/06/2006 EUR 269 342.54 0.85 316 873.58 Housing 1000475 T731802 06/11/2001 18/06/2006 USD 99 697.50 1 99 697.50 Agriculture 1000752 T739588 13/02/2003 19/06/2006 EUR 4 812 662.42 0.85 5 661 955.79 Health 1001204 T751571 05/12/2003 19/05/2006 EUR 10 223 347.00 0.85 12 027 467.06 Water and sanitation 1001243 T733865 13/05/2002 18/06/2006 EUR 6 851 203.49 0.85 8 060 239.40 Electricity 1001466 T736516 13/08/2002 19/06/2006 EUR 999 200.00 0.85 1 175 529.41 Water and sanitation 1001474 T751716 07/01/2004 30/06/2006 EUR 11 604 355.91 0.85 13 652 183.42 Special allocation 1002009 T738894 07/01/2003 18/06/2006 EUR 3 055.00 0.85 3 594.12 Water and sanitation 1002218 T751378 17/11/2003 16/06/2006 USD 5 106 182.00 1 5 106 182.00 Health 1002233 T751386 05/12/2003 18/06/2006 EUR 5 231 264.78 0.85 6 154 429.15 Agriculture 1002236 T751710 06/01/2004 18/06/2006 EUR 809 788.15 0.85 952 691.94 Agriculture 1030022 T733965 25/03/2002 19/06/2006 EUR 71 831.00 0.85 84 507.06 Oil spares 1030128 T733106 01/02/2002 19/06/2006 EUR 20 092.00 0.85 23 637.65 Oil spares 1030279 T734184 18/04/2002 18/06/2006 EUR 147 609.20 0.85 173 657.88 Oil spares 1030349 T735766 05/12/2002 18/06/2006 EUR 4 103 183.54 0.85 4 827 274.75 Oil spares 1030441 T751294 05/11/2003 18/06/2006 EUR 357 329.45 0.85 420 387.59 Oil spares 1030526 T751291 12/11/2003 18/06/2006 EUR 671 060.00 0.85 789 482.35 Oil spares 1100050 V733684 08/03/2002 18/06/2006 EUR 200 436.76 0.85 235 807.95 Communication/ transportation 1100087 V735834 05/07/2002 19/06/2006 EUR 1 293 661.51 0.85 1 521 954.72 Housing 1100099 V735649 01/07/2002 18/06/2006 EUR 4 256 945.55 0.85 5 008 171.24 Food 1100139 V734535 13/05/2002 19/06/2006 EUR 1 161 636.43 0.85 1 366 631.09 Housing 1100171 V751200 30/10/2003 18/06/2006 EUR 55 651.20 0.85 65 472.00 Agriculture 1100189 V734605 28/05/2002 18/06/2006 EUR 438 205.24 0.85 515 535.58 Housing 1100301 V737613 15/10/2002 19/06/2006 EUR 266 590.82 0.85 313 636.26 Water and sanitation 1100305 V734504 22/04/2002 19/06/2006 JPY 115 763 418.00 119 972 801.83 Communication/ transportation 1100335 V734553 24/04/2002 19/06/2006 EUR 16 753 506.55 0.85 19 710 007.71 Communication/ transportation 1100539 V737691 22/10/2002 19/06/2006 EUR 339 587.20 0.85 399 514.35 Health 1100581 V734761 08/05/2002 18/06/2006 EUR 28 031 480.00 0.85 32 978 211.76 Agriculture 1100926 V736033 03/11/2003 18/06/2006 EUR 3 498 057.34 0.85 4 115 361.58 Agriculture 1101065 V736415 15/10/2002 19/06/2006 EUR 696 134.15 0.85 818 981.35 Special allocation 1101138 V735694 08/07/2002 19/06/2006 EUR 3 172 000.00 0.85 3 731 764.71 Communication/ transportation 1101151 V735707 02/07/2002 19/06/2006 EUR 28 344 545.45 0.85 33 346 524.06 Housing 1101152 V737364 04/10/2002 19/06/2006 EUR 3 611 100.00 0.85 4 248 352.94 Housing 1101214 V735708 02/07/2002 19/06/2006 EUR 1 720 000.00 0.85 2 023 529.41 Communication/ transportation 1101233 V751706 07/01/2004 19/06/2006 EUR 5 175 692.64 0.85 6 089 050.17 Food handling 1101704 V739551 21/03/2003 19/06/2006 EUR 61 050.00 0.85 71 823.53 Health 1101881 V751733 08/01/2004 31/03/2006 EUR 5 549 189.20 0.85 6 528 457.88 Food handling 1200070 P750366 26/03/2003 24/07/2006 EUR 2 341 550.00 0.85 2 754 764.71 Health 1200401 P750513 06/03/2003 19/06/2006 EUR 242 603.02 0.85 285 415.32 Water and sanitation 1200411 P751213 17/10/2003 18/06/2006 EUR 34 907.00 0.85 41 067.06 Agriculture 1200429 P737332 11/10/2002 18/06/2006 GBP 35 925.43 0.581 61 833.79 Agriculture 1200447 P750982 30/05/2003 18/06/2006 EUR 1 470 733.89 0.85 1 730 275.17 Agriculture 1200555 P751720 31/12/2003 15/06/2006 EUR 919 678.00 0.85 1 081 974.12 Industry 1200564 P750157 13/11/2003 18/06/2006 EUR 6 539 375.78 0.85 7 693 383.27 Agriculture 1200844 P738601 17/12/2002 18/06/2006 CHF 13 766 402.70 1.31 10 508 704.35 Electricity 1200933 P739022 03/11/2003 18/06/2006 EUR 2 621 112.61 0.85 3 083 661.89 Agriculture 1201408 P750404 03/03/2003 18/06/2006 EUR 1 307 079.49 0.85 1 537 740.58 Agriculture 1201412 P751161 02/10/2003 18/06/2006 EUR 2 500 342.17 0.85 2 941 579.02 Agriculture 1201414 P750944 10/04/2003 18/06/2006 EUR 2 614 698.05 0.85 3 076 115.35 Agriculture 1201430 P739433 06/02/2003 19/06/2006 EUR 150 598.19 0.85 177 174.34 Communication/ transportation 1201514 P751389 11/12/2003 18/06/2006 EUR 20 238 687.76 0.85 23 810 220.89 Agriculture 1230025 P751776 09/01/2004 18/06/2006 USD 2 363 636.36 1 2 363 636.36 Oil spares 1230093 P751293 29/10/2003 19/06/2006 EUR 319 500.45 0.85 375 882.88 Oil spares 1230094 P739017 13/01/2003 19/06/2006 GBP 777 326.33 0.581 1 337 911.07 Oil spares 1230176 P751169 14/10/2003 19/06/2006 EUR 1 538 601.00 0.85 1 810 118.82 Oil spares 1230320 P751296 07/11/2003 18/06/2006 EUR 2 690.27 0.85 3 165.02 Oil spares 1230337 P739376 10/02/2003 19/06/2006 EUR 6 850 000.00 0.85 8 058 823.53 Oil spares 1230439 P750049 27/02/2003 19/06/2006 EUR 112 995.45 0.85 132 935.82 Oil spares 1230457 P739174 30/01/2003 18/06/2006 EUR 3 461.08 0.85 4 071.86 Oil spares 1230485 P751218 21/10/2003 19/06/2006 EUR 185 889.35 0.85 218 693.35 Oil spares 1230497 P739154 23/01/2003 18/06/2006 EUR 231 482.61 0.85 272 332.48 Oil spares 1230554 P750081 03/03/2003 19/06/2006 EUR 510 726.06 0.85 600 854.19 Oil spares 1230577 P750851 26/03/2003 18/06/2006 EUR 2 590 246.36 0.85 3 047 348.66 Oil spares 1230584 P751290 21/11/2003 18/06/2006 EUR 42 350.00 0.85 49 823.53 Oil spares 1230630 P751346 10/11/2003 18/06/2006 EUR 437 250.00 0.85 514 411.76 Oil spares 1300010 B751808 01/10/2004 18/06/2006 EUR 2 163 636.36 0.85 2 545 454.54 Food handling 1300126 B750927 09/04/2003 18/06/2006 JPY 20 200 488.00 119 169 752.00 Agriculture 1300129 B750354 11/03/2003 19/06/2006 EUR 4 118 074.77 0.85 4 844 793.85 Water and sanitation 1300131 B750306 14/03/2003 19/06/2006 EUR 10 234 120.00 0.85 12 040 141.18 Water and sanitation Total 137 letters of credit 579 140 614.44 a Previously reported in table 2 of the 17 October 2005 note to the Security Council. Table 6 Liability report as at 30 November 2005 To expire during 2007 Communication No. Letter of credit No. Issue date Expiry date Currency Amount Rate Equivalent US$ Sector 631099 Z737736 30/10/2002 30/09/2007 EUR 11 135 910.01 0.85 13 101 070.60 Oil spares 701121 U723215 13/10/2000 31/12/2007 USD 175 000.00 1 175 000.00 Health Total 2 letters of credit 13 276 070.60 Table 7 Letters of credit not included in the liability report of 31 July 2005 Communication No. Letter of credit No. Expiry date Currency Amount Equivalent US$ Sector 730966 U737510 21/01/2004 EUR 225 341.30 270 842.91 Oil spares 1230623 P751204 01/02/2004 EUR 42 657.00 51 270.43 Oil spares 1030629 T737896 12/02/2004 EUR 6 599 819.00 7 932 474.76 Oil spares 1230495 P750674 23/02/2004 EUR 182 593.00 219 462.74 Oil spares 1230296 P738733 14/03/2004 EUR 115 900.00 139 302.88 Oil spares 1230213 P738715a 22/03/2004 EUR 180 823.64 217 336.11 Oil spares 1002154 T736059 03/05/2004 EUR 198 500.00 238 581.73 Electricity 1100645 V735226 03/05/2004 EUR 236 338.13 284 060.25 Food handling 830437 M729219 07/08/2004 EUR 118 016.00 141 846.15 Oil spares 801248 M728191a 30/08/2004 USD 147 000.00 147 000.00 Electricity 1230593 P751265 05/09/2004 EUR 231 600.00 278 365.38 Oil spares 1030282 T751636 21/09/2004 EUR 9 058 000.00 10 887 019.23 Oil spares 1230265 P738723 23/09/2004 EUR 3 936 147.72 4 730 946.78 Oil spares 631108 Z737898 25/09/2004 EUR 12 958 882.04 15 575 579.38 Oil spares 630745 Z720101 27/09/2004 USD 171 052.73 171 052.73 Oil spares 901366 L731772a 27/09/2004 EUR 1 245 101.64 1 496 516.39 Communication/ transportation 900780 L732591a 30/09/2004 EUR 2 214 065.02 2 661 135.84 Health 630961 Z751807 04/10/2004 USD 889 572.00 889 572.00 Oil spares 930603 L733650 31/10/2004 EUR 9 772.73 11 746.07 Oil spares 730993 U737462 17/11/2004 EUR 347 667.68 417 869.81 Oil spares 631157 Z751164a 30/11/2004 EUR 3 135 000.00 3 768 028.85 Oil spares 1030405 T737377 30/11/2004 EUR 30 100.00 36 177.88 Oil spares 1230498 P751739 30/11/2004 EUR 88 582.27 106 469.07 Oil spares 1230622 P750222 30/11/2004 EUR 14 182.00 17 045.67 Oil spares 830875 C734978 11/12/2004 EUR 130 107.27 156 378.93 Oil spares 630959 Z751806 13/12/2004 USD 290 000.00 290 000.00 Oil spares 930479 L737706 15/12/2004 EUR 341 472.46 410 423.63 Oil spares 930564 L732564 15/12/2004 EUR 634 197.30 762 256.37 Oil spares 630650 Z724362 31/12/2004 USD 416 907.60 416 907.60 Oil spares 730367 U722343 31/12/2004 USD 886 363.64 886 363.64 Oil spares 830240 C729831 31/12/2004 EUR 416 521.74 500 627.09 Oil spares 1030524 T738836 31/12/2004 EUR 434 424.00 522 144.23 Oil spares 1030707 T735379 31/12/2004 EUR 15 821.27 19 015.95 Oil spares 1230347 P738858 31/12/2004 EUR 60 571.37 72 802.13 Oil spares 1300079 B751068 14/01/2005 EUR 1 917 545.00 2 304 741.59 Food 1201532 P750004 16/01/2005 EUR 5 040 000.00 6 057 692.31 Communication/ transportation 1230114 P751638 02/10/2005 EUR 118 750.00 142 728.37 Oil spares Total 37 letters of credit 63 231 784.89 a Amended. Table 8 Request for amendments to the supplier name and goods Communication No. Letter of credit No. Issue date Expiry date Currency Amount Equivalent US$ Sector 930181 L729782a 21/08/2001 05/11/2005 EUR 30 483 545.05 36 638 876.26 Oil spares 702374 U737961a 15/11/2002 31/10/2005 USD 82 510 511.00 82 510 511.00 Electricity 902035 L735018a 18/03/2005 30/03/2005 EUR 368 823.81 443 297.85 Communication/transportation Total 3 letters of credit 119 592 685.11 a Amended.   \* MERGEFORMAT 2 \* MERGEFORMAT 3 United Nations S/2005/807 Security Council Distr.: General 20 December 2005 Original: English 05-65710 (E) 291205 *0565710* S/2005/807 S/2005/807