– 48 – (1.2 – Other finance matters) recognizing that Group FINREGS remains the mechanism to address IPSAS implementation issues between Council sessions; decides that ITU shall apply IPSAS for its financial statements as from 1 January 2010 and that Group FINREGS should continue to monitor and report to the Council on IPSAS implementation. Ref.: Documents C08/92 and C08/105. D 553 Cancellation of interest on arrears and irrecoverable debts (C09) The Council, having examined the report by the Secretary-General on arrears and special arrears accounts (Document C09/4(Rev.2)), decides to approve the writing off of the following interest on arrears and irrecoverable debts in the amount of CHF 1 067 781.05 against a corresponding withdrawal from the Reserve for Debtors' Accounts: • Systemware Inc., United States: CHF 2 913.75 corresponding to interest on contribution arrears from 2002 to 2004. • Motorola Inc. (Ex. Spectrapoint Wireless LLC), United States: CHF 53 767.35 corresponding to interest on contribution arrears from 1999 to 2001. • Motorola Inc. (Ex. General Instruments), United States: CHF 35 388.00 corresponding to interest on contribution arrears from 2000 to 2002. • Samsung Telecommunications America, United States: CHF 8 442.40 corresponding to interest on contribution arrears for 2006 and 2007. • H3G S.p.A., Italy: CHF 4 077.85 corresponding to interest on contribution arrears for 2006 and 2007. • Global One Services AB, Sweden: CHF 52 007.30 corresponding to interest on contribution arrears from 1999 to 2002. • Tele-IP Ltd. Australia: CHF 45 446.65 corresponding to contributions (CHF 31 500.00) and interest on arrears (CHF 13 946.65) from 2001 to 2004. • Instituto de Formação Tecnológica-IFT, Brazil: CHF 43 759.75 corresponding to contributions (CHF 30 675.00) and interest on arrears (CHF 13 084.75) from 1999 to 2006. • WorldSpace Corporation, Brazil: CHF 24 635.60 corresponding to contributions (CHF 15 283.30) and interest on arrears (CHF 9 352.30) from 1998 to 2002. • RSM Richter Inc., Canada: CHF 11 660.70 corresponding to contributions (CHF 10 117.50) and interest on arrears (CHF 1 543.20) from 2005 to 2007. • Innovia Telecom (Ex. Pulsecom), United States: CHF 190 836.20 corresponding to contributions (CHF 126 000.00) and interest on arrears (CHF 64 836.20) for 2000 and 2003.