ARCHIVES HISTORIQUES
DELACOMMISSION
COLLECTION RELIEEDES
DOCUMENTS "COM"
COM(79)634
Vol.1979/0213

Disclaimer
Conformément aurèglement (CEE,Euratom) n°354/83duConseildu1erfévrier1983
concernant l'ouverture aupublicdesarchiveshistoriques delaCommunauté économique
européenne etdelaCommunauté européenne del'énergieatomique (JOL43du15.2.1983,
p.1),telquemodifiéparlerèglement (CE,Euratom) n°1700/2003 du22septembre 2003
(JOL243du27.9.2003, p.1),cedossierestouvertaupublic.Lecaséchéant,lesdocuments
classifiés présentsdanscedossierontétédéclassifiés conformément àl'article5dudit
règlement.
Inaccordance withCouncilRegulation (EEC,Euratom) No354/83of1February 1983
concerning theopeningtothepublicofthehistoricalarchivesoftheEuropean Economic
Community andtheEuropean AtomicEnergyCommunity (OJL43,15.2.1983, p.1),as
amended byRegulation (EC,Euratom) No1700/2003 of22September 2003(OJL243,
27.9.2003, p.1),thisfileisopentothepublic.Wherenecessary, classified documents inthis
filehavebeendeclassified inconformity withArticle5oftheaforementioned regulation.
InÜbereinstimmung mitderVerordnung (EWG,Euratom) Nr.354/83desRatesvom1.
Februar 1983überdieFreigabe derhistorischen Archive derEuropäischen
Wirtschaftsgemeinschaft undderEuropäischen Atomgemeinschaft (ABI.L43vom15.2.1983,
S.1),geändertdurchdieVerordnung (EG,Euratom) Nr.1700/2003 vom22.September 2003
(ABI.L243vom27.9.2003, S.1),istdieseDateiderÖffentlichkeit zugänglich. Soweit
erforderlich, wurdendieVerschlusssachen indieserDateiinÜbereinstimmung mitArtikel5
dergenannten Verordnung freigegeben.

COMMISSION OFTHEEUROPEAN COMMUNITIES
Nt v" '.*-iP-i "'v>J ■-
"/! *• ,
^y'"\'/'r'< •'s
'>*i'■•\/yiCOM(79)634final
Brussels .8November 1979
EDF-EUROPEAN DEVELOPMENT FUND
SCHEDULE OFCALLS FORCONTRIBUTIONS
FORTHE1980FINANCIAL YEAR
(Communication fromtheCommission totheCouncil)
G0fl(79)634final

UnderArticle 3,asregardsthethirdEDF,andArticle 7,asregardsthe
fourthEDF,oftheInternal Agreement onthefinancing andadministration
ofCommunity aidtheCommission mustdrawupandtransmit totheCouncil
eachyearestimates ofEDFcommitments tobeenteredintoduringthe
following budgetyearand,onthisbasis,preparetheschedule of
contributions tobecalledfor,takingintoaccounttheEDF'scash
requirements .
Thecontributions areintended toreconstitute theEDF'scashresources to
enableittomakepayments .
Accordingly ,thepurposeofthisCommunication istoassesstheEDF'scash
requirements for1980andhencetheamountofthecontributions required .
o
oo
•χ ■ ,'
For1980,itisproposed tocallfor:
1.thebaLanceofthecontribution due,i.e.6500000EUA,forthethird
EDFfromthesixMemberStateswhichsignedthesecondYaoundeConvention ;
2.538000000EUAforthefourthEDFfromthepineMemberStateswhich
signedtheLom6Convention .
Thesecontributions wouldbecalledforintwoequalinstalments payable
onTuesday 15January 1980andTuesday 1July1980.

\
Breakdown byMemberState
Third EDF EUA
MemberStates 1980contribution Intwoequalinstalments of
Belgium 570.906.50 285453.25
Germany 2135216.50 1067608.25
France 2135216.50 1067608.25
Italy 1077038.– 538519.–,
Luxembourg I 10716.– 5358.–
Netherlands . 570906.50 ! 285453.25
Total 6500000.– 3250000.–
Fourth EDF EUA
MemberStates % 1980contribution Intwoequalinstalments of
Belgiurn 6.25 33625000.– 16812500.–
Denmark •2.40 12912000.– 6456000.–
Germany 25.95 139611000.– 69805500.–
France 25.95 139611000.– 69805500.–
Ireland 0.60 3228000.– 1614000.–
Italy 12.– 64560000.– 32280000.–
Luxembourg 0.20 1076000.– 538000.–
Netherlands 7.95 42771000.– 21385500.–
United
Kingdom 18.70 100606000.– 50303000.–.
I
100.– 538000000.– 269000000.–

-3-
A.THEEPF'SCASHRESOURCES -PROBABLE DEVELOPMENT OFTHESERESOURCES
UNTIL ACTUAL RECEIPT OFTHENEXTCONTRIBUTIONS
Thecashresources madeavailable totheCommission fortheEDF'soperations
arespreadover71accounts inEuropeandineachoftheACPStates,largely
asaresultoftheconstraints imposed byProtocol No2.
At15September 1979theCommission notedthatithadcashresources of
185million EUA.Itwasalsoexpecting anadditional contribution ,payable
intwoequalinstalments of100million EUAeach,on15September and
15December 1979(CouncilDecision of24July1979). -
Thefinancial resources whichtheCommission shouldhaveatitsdisposal
untilthenextcontributions arereceived amounttoatotalof385million EUA
tocovertheperiodfrom15September 1979totheendofJanuary '1980.
Duringthisperiod,theexpected expenditure oftheCommission canreasonably
beestimated asfollows : '
(a)Exgend2ture_under_t he_fi_rst_three_EDFs
ThefirstandsecondEDFshavevirtually beenusedupnow.Underthethird
0
EDF,therateofexpenditure isfallingoffverysignificantly .Itdoesnot
lookasthoughtotalexpenditure willreachthescheduled figureof'
72million EUA.
Giventhedisbursements already madeunderthefirstthreeEDFs,thetotal
expenditure tobeeffected between nowandreceiptofthenextcontributions
shouldnotexceed 40million EUA
(b)Exgenditure underthefourthEDF,

-4-
1.UnderStabex,accountbeingtakenoftheamount
alreadypaid,disbursements wouldstillhavetobe
madetoatotalof 50million EUA
2.Appropriations administered bytheEAC 10million EUA
3.Interest ratesubsidies * . .6million EUA
4.Riskcapitaloperations * 19million EUA ■
5.Exceptional aid 10million EUA
Sub-total 95million EUA
(c).Estimates ofexpenditure inrespectof
S2Z£iii®d__convent ional"ogeratjons ..
Onthebasisoftheknownfiguresforthe
firstmonthsoftheyear,themonthly
averageforthistypeofoperation is
26millionEUA.
Sincethis.rateofexpenditure hasto '
beexpecteduntiltheendofJanuary
1980,i.e.for41/2months,itis
reasonable toforecast expenditure
of4.5x26= 117million EUA
.Total...foreseeable expenditure .fromnow
UntilendJanuary 1980 252million EUA
If,therefore,theadditional contribution of200million
EUAdecided onbytheCouncilismadeavailable tothe
Commission beforetheendofJanuary 1980,whenit
receives thefirstcontribution for1980,itwillhave
cashresources of
385-252=133million EUA,
whichwillbeasufficiently largesum,accountbeing - .,
i
takenoftheconstraints referred toabove.
♦detailssupplied bytheEIB./

-5-
B.EXPENDITURE FORECASTS FORTHE1980FINANCIAL YEAR '
IfthesameLineof^reasoning isfollowed,the
expenditure forecasts forthefinancial yearin
question workoutasfollows :
(a)Exgenditure_under_the_f irst_three_EDFs :
Expenditure underthefirsttwoEDFsmaybe
disregarded .Underthethird,inviewofthe
amountdisbursed todate,totalexpenditure
shouldnotexceed 35million EUA
(b)Exgenditure_under_the_fourth_EDF :
/ -
Totalcommitments attheendof1979willbeof
theorderof2350million EUA,representing
approximately three-quarters ofthefunds , .
available.
Underthesecircumstances ,sincethenational
governments oftheACPStates,particularly
thenewACPStates,haveshownthattheyare
starting tomaster EDFprocedures ,plusthe
factthattheCommission hasgivenits
Delegates verystrictinstructions todo•
everything possible tospeedupproject
execution ,itmaybehopedthatthe
disbursement ratewillcontinue toincrease;
inthecaseof"conventional "projects the
rateofincrease couldaverage 25%,which
wouldbringmeanmonthlyexpenditure forthis '
typeofoperation upto32.5million EUA.
Theresulting expenditure projection
wouldbe12x32.5= 390million EUA

Tothisamountshouldbeaddedprojected expenditure
under:
1.Stabex 64million EUA
2.Appropriations administered bytheEAC 18.5 EUA
3.Interest ratesubsidies *■ 8million EUA
4.Riskcapitaloperations * 12million EUA
Sub-total 102.5million EUA
TOTAL 527.5million EUA
Inaddition,theCommission 'sdepartments
consider thatexpenditure onexceptional aid _
shouldbeestimated at 30million EUA
GRANDTOTAL OFEXPENDITURE UNDERALLFOUREDFs 557.50million EUA
C.RECONSTlTUTION OFTHEEDF'SCASHRESOURCES
Accountbeingtaken
j
(1)oftheforeseeable situation oftheEDF's
cashresources at15January 1980 +133million EUA
(2).oftheestimate ofEDFexpenditure ,
for1980 557.5million EUA
(3)oftheneedfortheCommission tohaveat
itsdisposal attheendofthefinancial
year,sinceitsaccounts areinmany ^
different places,cashresources totalling
notlessthan 120million EUA
TheCommission considersitjustifiable that
thefollowing totalsumshouldbekeptatits
disposal forthe1980financial year
(557.5+120)-133= 544.5million EUA
detailssupplied bytheEIB.

-7-
This544.5million EUAwouldbebroken downasfollows :
/
6.5million EUAforthethirdEDF
538million EUAforthefourth EDF
andwouldgiverisetotwocallsforequalinstalments tobepaidon
Tuesday 15January 1980and
Tuesday 1-July1980. 1
TheCommission ismeanwhile awaiting paymentoftheadditional contribution
forthe1979financial yearapproved on24July.Itooceagaindrawsthe
MemberStates'attention totheneedtoabidestrictly bythedate?etfor
thepaymentofcontributions .

ANNEXES
Commitments
Expenditure

-9- Annex
European Development Fund-1980financial year
(million EUA)
Estimate ofcommitments for1980 AMOUNT
FirstEDF-fullycommitted
Second EDF-fullycommitted
ThirdEDF-amountstilltobecommitted 12
IThirdEDF-commitment scheduled 6•
Fourth EDF-commitment scheduled 677
Recordof.commitments underthefourth EDF(on
EDFCommittee meetings ) .thebasisof
i'
Year Commitment forthatyear%
AGGREGATE
1976 ,407 407
1977^ 710 1117
1978 556 1673
1979(x)forecast 677 2350(x)forecast
(x)Forecast onthebasisoftheprogramme forEDFCommittee meetings up
toDecember 1979.
Tokenentry:,commitments underthefourth EDFat1August1979:2009.

-10-Annex
I FirstEOF| SecondEOF
YearI Amount X(581.25) IAnount ]S(730)
Ibyyear (aggregate {byyearIaggregatijbyyearaggregate byyear Iaggregati
i960 4 4 0.7 0.7 r~
1961 16 20 2-7 3-4
19f>2 53 73 9-3 12-6
1963 65 138 11.1 83-7
1964 83L» 14.3 30.0I
l
196s 85 306 14.6 52-6 22» !3ίlr<r
1966 76 382 13.1 65-7 36 58 4.9 7-9
1967 62 444 10.7 76.4 43 101 5-9 13-8
1968 L.40 404 6-9 83-3 70 171 23-4
1969r*n510 44 87-7 50 2δτ 12-4 35-8
_I9*JU*_J2.6 90-3 13Î 392 17-9 I53-7
1971 11 53« 1-992-2|112 5Q4 15-3 69-û
1972 10 546 1-7 93-9 78 5«2 10-7 73"î
1973
!i055« 1.6 95.7 50 632 6.9 I86-6
1974 562 96.7 26 658 33 901
1975k–L-J564!0-3 97.0 23 661 3-2 93-3
(t>
i3567 0-5 !97.5 17 i69812-3 95.6
1977 0..567 0-0 97-5 17714I2-2 971*78 I-U568 0.3 97.8 8 722 98.9
ΡΙ.6.79J569724 0.i 99-2
TOTALS 569■-1
72*13Γk
RECORD OFEOFEXPENDITURE
(million EU*)
|ThirdEPF j Fourth IEDFTotalsforthe
fourFunds
IIAmountX(905)Anount - X(3161.5) I Amount
Hbyyear ;aggregate |byyearj!aggregate jbyyear !aggregate !byyear IIaggregate *byyeaifaggregate
\
I 4
16 20
53 73
65 138
L 83 221ι^π 107 328
112 440
105 545
110 655
I 116 771
II il 146 1211
g2323I**■I2-5 Ί 146 106J
S" 65 4.7 T-2 130 1193
99 164 10-9 ÏB.i 159 1352
304 Î5-5 33.6 172 1524
183 467 20J53.8 LJ 208 1732
P*~ |!siâiM"5 97 9?Γ3·1248 19°0
60 «98 8i 77.1 155 252 4.9 8.0 252 2232LM7.3L*^J320 57210.1j18.1 394 2626
L» 784 2286.6i
I246 I813 7.7 25.8 269 2895
784 818 2895
NB:Advances toberegularized intneaccounts arenottakenintoconsideration .

-11-
Annexes
Reconstitution ofcashresources
million EUA
'- •• ■ 'IExpenditure Resources
Casj)situation at15September 1979 +185.-
Additional contribution called-tobe
madeintwoequalinstalments payable .
on15September +100.-
and15December 1979 +100.-
+385.-
Expenditure scheduled forthelast
fourmonthsof1979t
FirstthreeEDFs 40
Fourth EDF 212
252 -252
ι
Cashsituation atthe^ndofthe
1979financial year +133.-
Contribution proposed for1980
Third EDF 6.5
Fourth EDF 538.-
I
544.5i
+544.5
+677.5
Expenditure scheduled
for
•FirstthreeEDFs , 35.-
Fourth EDF 522.5 -<'
557.5 -557.5
Cashsituation at31December 1980 +120.-