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294 United Nations - Treaty Series 1969 2. For purposes of this computation: (a) "net operating income" shall mean the difference between (i) all operating revenues accruing from telecommunications services, excluding that portion of receipts under the "Own Your Telephone" scheme which relates to service to be rendered in future years, and (ii) all operating costs of the telecommunications services, including administrative expenses, adequate maintenance and provision for depreciation on all depreciable assets in operation, computed in accordance with the straight-line method at an average rate of not less than 4 1/2 % per annum of the gross value of such depreciable assets in operation, adjusted in accordance with Section 5.11 (b) of this Agreement, but excluding interest and other charges on debt and on the Borrower's contributions to P&T; and (b) "value of net fixed assets in operation" shall mean the gross value of such assets, less accumulated depreciation, adjusted in accordance with Section 5.11 (b) of this Agreement. 3. The above computation shall be made on the basis of P&T's commercial accounts for the Branch, except as such accounts are inconsistent with the above provisions. SCHEDULE 6 AMORTIZATION SCHEDULE Date Payment Due June 15, 1979... December 15, 1979 June 15, 1980... December 15, 1980 June 15, 1981 . . . December 15, 1981 June 15, 1982... December 15, 1982 June 15, 1983... December 15, 1983 June 15, 1984... December 15, 1984 June 15, 1985... December 15, 1985 June 15, 1986... December 15, 1986 June 15, 1987... December 15, 1987 June 15, 1988... December 15, 1988 Payment of Principal (expressed in dollars)* 345,000 355,000 365,000 380,000 390,000 405,000 415,000 430,000 445,000 460,000 475,000 490,000 505,000 520,000 540,000 555,000 575,000 595.000 615,000 635,000 Date Payment Due June 15, 1989 December 15, 1989 June 15, 1990... December 15, 1990 June 15, 1991 . . . December 15, 1991 June 15, 1992... December 15, 1992 June 15, 1993... December 15, 1993 June 15, 1994 .... December 15, 1994 June 15, 1995... December 15, 1995 June 15, 1996... December 15, 1996 June 15, 1997... December 15, 1997 June 15, 1998... December 15, 1998 Payment of Principal (expressed in dollars)* 655,000 675,000 695,000 720,000 740,000 765,000 790,000 815,000 845,000 870,000 900,000 930,000 960,000 990,000 1,020,000 1,055,000 1,090,000 1,125,000 1,160,000 1,205,000 * To the extent that any part of the Loan is repayable in a currency other than dollars (see General Conditions, Section 4.02), the figures in this column represent dollar equivalents determined as for purposes of withdrawal. No. 10093
1969 Nations Unies - Recueil des. Traitds 295 2. Aux fins de ce calcul : a) Par ((revenu net d'exploitation 2 il faut entendre la difference entre i) Tous les revenus d'exploitation produits par les services des tlA6communications, h l'exclusion de la partie des recettes du plan intitu ((Own Your Telephone (Soyez propriftaire de votre t6lphone) qui concerne des services I venir, et ii) Tous les frais d'exploitation des services des t~l~communications, y compris les frais d'administration, les d~penses normales d'entretien et la provision pour 'amortissement lin6aire de tous les actifs amortissables en exploitation, calcul~e A un taux annuel moyen d'au moins 4 1/2 p. 100 sur la valeur brute desdits actifs amortissables en exploitation, ajust~e conform~ment aux dispositions de l'alin~a b du paragraphe 5.11 du present Contrat, exclusion faite des int~r&ts et autres charges relatifs A la dette et aux contributions vers6es aux P et T par l'Emprunteur; b) Par ( valeur nette de l'actif fixe en exploitation D, il faut entendre la valeur brute dudit actif, diminude de l'amortissement accumul., ajustde conform~ment aux dispositions de l'alin~a b du paragraphe 5.11 du present Contrat. 3. Les calculs ci-dessus sont faits sur la base de la comptabilit6 commerciale des P et T relative au Service, sauf si ladite comptabilit6 est incompatible avec les dispositions qui pr~c~dent. ANNEXE 6 Date des &Mances 15 juin 1979 15 ddcembre 1979 15 juin 1980 . . 15 ddcembre 1980 15 juin 1981 . . 15 ddcembre 1981 15 juin 1982 . . 15 dcembre 1982 15 juin 1983 . . 15 d6cembre 1983 15 juin 1984 . . 15 d6cembre 1984 15 juin 1985 . . 15 ddcembre 1985 15 juin 1986 . . 15 d~cembre 1986 15 juin 1987 . . 15 d~cembre 1987 15 juin 1988 . . 15 d6cembre 1988 TABLEAU D'AMORTISSEMENT Montang du principal des Ichiances (exprimi en dollars) 345 000 355 000 365 000 380 000 390 000 405 000 415 000 430 000 445 000 460 000 475 000 490 000 505 000 520 000 540 000 555 000 575 000 595 000 615 000 635 000 Dole des ichiances 15 juin 1989 . . . 15 d6cembre 1989 15 juin 1990 . . . 15 d~cembre 1990 . 15 juin 1991 . . . 15 d6cembre 1991 . 15 juin 1992 . . . 15 d~cembre 1992 . 15 juin 1993 . . . 15 ddcembre 1993 . 15 juin 1994 . . . 15 d~cembre 1994 15 juin 1995 . . 15 d~cembre 1995 15 juin 1996 . . . 15 ddcembre 1996 . 15 juin 1997 . . . 15 d6cembre 1997 . 15 juin 1998 . . . 15 d~cembre 1998 . Montant du principal des ichiances (Exprimd en dollars)* 655 000 675 000 695 000 720 000 740 000 765 000 790 000 815 000 845 000 870 000 900 000 930 000 960 000 990 000 1 020 000 1 055000 1 090 000 1 125 000 1 160 000 1 205 000 * Dans la mesure oii une fraction de 'Emprunt est remboursable en une monnaie autre que le dollar (voir les Conditions gdndrales, paragraphe 4.02), les chiffres de cette colonne reprdsentent les dquivalents en dollars, calculds comme il est prdvu pour les prd-1vements. N- 10093
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No. 10092 INTERNATIONAL DEVELOPMENT
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ANNEX A Ratifications, accessions,
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