Tuesday 4 May 19991.10.1999 EN C 279/135 Official Journal of the European Communities
Use of resources − 7th EDF at 31 December 1997
Breakdown of funds
Initial
appropriationResources
or deductions
at 31.12.1996Resources
or deductions
during 1997New
situation
Total ACP 10 800 000 000,00 809 806 742,19 9 610 289,25 11 619 417 031,44
Total OCT 140 000 000,00 14 800 964,10 0 00 154 800 964,10
Sundry revenue 0 00 51 681 247,75 –610 747,96 51 070 499,79
TOTAL 10 940 000 000,00 876 288 954,04 8 999 541,29 11 825 288 495,33
2. Records its observations in the resolution which forms part of this decision;
3. Instructs its president to forward this decision and the resolution containing its observations to the
Commission, the Council, the Court of Auditors and European Investment Bank and to have thempublished in the Official Journal (L series).
III.
Resolution containing the observations which form part of the decisions granting discharge to the
Commission in respect of the financial management of the sixth and seventh European Development
Funds for the financial year 1997
The European Parliament ,
− having regard to Articles 189 and 276 of the EC Treaty,− having regard to Articles 73 and 77 of the financial Regulations applicable respectively to the sixth
and seventh EDFs, under which the Commission is required to take all appropriate steps to act on theobservations appearing in discharge decisions,
− having regard to the report of the Committee on Budgetary Control and the opinion of the Committee
on Development and Cooperation (A4-0198/99),
1. Welcomes the positive Statement of Assurance provided by the Court of Auditors; asks the Court
and the Commission however jointly to address the problems giving rise to a number of ‘non-opinions’ inthe Statement of Assurance.
(e) A4-0132/99
I.
Decision giving discharge to the Commission in respect of the management of the ECSC for the
financial year 1997
The European Parliament ,
− having regard to the amounts shown below, contained in the accounts of the ECSC as at 31 December
1997 (1), the report of the Court of Auditors for 1997 concerning the ECSC, together with the
Commission’s replies (C4-0055/99) (2), confirming that the accounts present a true picture of the
assets and financial situation of the European Coal and Steel Community at 31 December 1997, andthe results of ECSC operations for the financial year ending on the same date,
(1) OJ C 255, 13.8.1998, p. 3.
(2) OJ C 352, 18.11.1998, p. 1.
Tuesday 4 May 1999C 279/136 EN 1.10.1999 Official Journal of the European Communities
1. Gives the Commission discharge in respect of the management of the ECSC for the figures relating
to the implementation of the budget for the 1997 financial year, shown below;
2. Instructs its President to forward this decision and the resolution containing its comments to the
Commission, the Council, the Court of Auditors and the ECSC Consultative Committee and to have thempublished in the Official Journal (L series).
ECSC balance sheet at 31 December 1997
ASSETS
(all figures in ecus) 31.12.1997 31.12.1996
Balance with central banks 555 027 602 921
Loans/advances to credit institutions 2 120 510 437 2 917 639 952Loans/advances to customers 1 925 994 228 2 422 520 347Bonds/other fixed income securities 1 623 506 318 1 447 389 772Tangible and intangible assets 2 623 844 3 412 827
Other assets 87 399 574 20 146 111
Prepayments and accrued income
169 427 311 198 377 594
TOTAL ASSETS 5 930 016 739 7 010 089 524
Off balance sheet commitments 590 786 635 1 684 494 717
LIABILITIES
(all figures in ecus) 31.12.1997 31.12.1996
Amounts owed to credit institutions 2 277 710 073 2 542 395 630
Debts evidenced by certificates 1 359 610 749 2 134 840 697Other liabilities 12 788 060 78 273 662Accruals and deferred income 121 190 289 159 831 193Provisions for liabilities and charges 87 376 377 75 213 372Commitments for ECSC operating budget
853 779 193 1 059 928 511
Total liabilities vis-a `-vis third parties 4 712 454 741 6 050 483 065
Provisions for financing operating budget 441 712 926 207 586 988
Provisions for large exposures 27 000 000 36 000 000Reserves 745 678 210 712 716 452Value adjustment reserve 313 119 1 060 011Surplus brought forward 537 606 132 487Surplus for the financial year
2 320 137 2 110 521
Net total 1 217 561 998 959 606 459
TOTAL LIABILITIES 5 930 016 739 7 010 089 524
Off balance sheet commitments 712 444 915 3 578 156 001
Tuesday 4 May 19991.10.1999 EN C 279/137 Official Journal of the European Communities
Profit and loss accounts for year ending
31 December 1997
CHARGES
(all figures in ecus) 31.12.1997 31.12.1996
Interest payable and similar charges 331 419 509 580 314 585
Commissions payables 844 743 1 264 272Net losses on financial operations 15 931 380 7 939 476Administrative expenditure 5 000 000 5 000 000Value adjustments (tangible assets) 573 251 777 962Other operating charges 382 650 382 568Value adjustments (loans/advances/provisions)
9 190 689 61 899 378
Total operating charges 363 342 222 657 578 241
Allocation to the value adjustment reserve 0 1 060 011
Extraordinary charges 580 380 4 593 762Conversion differences 746 892 0Legal commitments for the financial year 180 869 553 201 176 900Allocation to provision for operating budget 274 000 000 73 131 189Allocation to the guarantee fund
31 256 356 19 000 000
Total charges 850 795 403 956 540 103
Surplus for the financial year 2 320 137 2 110 521
TOTAL 853 115 540 958 650 624
INCOME
(all figures in ecus) 31.12.1997 31.12.1996
Interest received and similar income 420 240 962 699 872 042
Net profit on financial operations 13 235 896 29 031 637Value adjustment (loans/advances/provisions) 46 198 844 22 092 016Other operating income
22 507 685 1 544 770
Total operating income 502 183 387 752 540 465
Exchange differences 0 1 060 011
Withdrawal from the value adjustment reserve 746 892 0Income relating to operating budget 301 054 072 190 427 105Transfer from provision for operating budget 49 131 189 14 623 043Transfer from Guarnatee Funds/Special reserve
0 0
TOTAL INCOME 853 115 540 958 650 624
Tuesday 4 May 1999C 279/138 EN 1.10.1999 Official Journal of the European Communities
Implementation of the ECSC operating budget
OUTTURN
(all figures in ecus) 31.12.1997 31.12.1996
EXPENDITURE
Administrative expenditure 5 000 000 5 000 000Legal commitments 180 869 553 201 176 900Financing of future operational budgets
274 000 000 0
Total 459 869 553 206 176 900
REVENUE
Levy 101 640 567 95 872 589Fines 00
Interest subsidies 4 168 145 4 336 252Miscellaneous 0 9 397Cancellation of legal commitments 195 235 395 89 966 808Surplus from previous budget 49 131 189 14 623 043Net balance for the year
109 694 257 50 500 000
Total 459 869 553 255 308 089
BUDGET OUTTURN 0 49 131 189
RESULT FOR FINANCIAL YEAR
(all figures in ecus) 31.12.1997 31.12.1996
Result from non-budgetary operations after deducting the
net balance allocated to the operating budget 33 476 493 45 110 521Outturn of the budget 0 49 131 189
Total
33 576 493 94 241 710
Allocation to provision for operating budget 0 –73 131 189
Allocation to the Guarantee Fund –31 256 356 –19 000 000
RESULT BEFORE ALLOCATION 2 320 137 2 110 521
II.
Resolution on the financial statements of the European Coal and Steel Community at 31 December
1997 and on the 1997 annual report of the Court of Auditors on the ECSC, together with the
Commission’s replies
The European Parliament ,
− having regard to the ECSC financial statements for the 1997 financial year, submitted by the
Commission (1), and in particular the balance sheet and profit and loss accounts of the ECSC at
31 December 1997,
− having regard to the report of the Court of Auditors on the financial statements of the ECSC at
31 December 1997 (2) and the 1997 annual report of the Court of Auditors on the ECSC, together with
the Commission’s replies (C4-0055/99) (3),
− having regard to the report of the Committee on Budgetary Control (A4-0132/99),
(1) OJ C 255, 13.8.1998, p. 3.
(2) OJ C 255, 13.8.1998, p. 28.
(3) OJ C 352, 18.11.1998, p. 1.