Having considered the fifth annual progress report of the Secretary-General on the implementation of the capital master plan, 1 the related report of the Advisory Committee on Administrative and Budgetary Questions, 2 the report of the Office of Internal Oversight Services on its activities for the period from 1 July 2006 to 30 June 2007 3 and the report of the Board of Auditors on the capital master plan for the year ended 31 December 2006, 4