Budget performance for the first six months of the biennium 2006–2007 of the trust funds administered by the secretariat is presented. The aim is to inform Parties of income and expenditure and results achieved by 30 June 2006. The secretariat received 69.5 per cent of the total indicative contributions expected for 2006 and maintained a level of expenditure of 40.4 per cent of the approved budget for the year. Voluntary contributions to the trust funds for participation in the UNFCCC process and for supplementary activities amounted to USD 916,159 and USD 10.9 million, respectively. The Subsidiary Body for Implementation is invited to take note of the information and to propose a draft decision on administrative and financial matters to be recommended for adoption by the Conference of the Parties, at its twelfth session, and the Conference of the Parties serving as the meeting of the Parties to the Kyoto Protocol at its second session