1999/430/EC: Decision of the European Parliament of 4 May 1999 giving discharge to the Commission in respect of the financial management of the seventh European Development Fund for the financial year 1997
Date: 1999-05-04
Institutions: European Parliament
Subjects: European Commission, European Development Fund, European Parliament, budgetary discharge, financial management

L 168/22

EN

Official Journal of the European Communities

3. 7. 1999

DECISION OF THE EUROPEAN PARLIAMENT

of 4 May 1999

giving discharge to the Commission in respect of the financial management of the
seventh European Development Fund for the financial year 1997

(1999/430/EC)

THE EUROPEAN PARLIAMENT,

 Having regard to the EC Treaty,

 Having regard to the fourth ACP-EEC Convention (1),

 Having regard to the balance sheets and accounts of the sixth and seventh European

Development Funds for the financial year 1997 (COM(98) 0442),

 Having regard to the report of the Court of Auditors concerning the financial year 1997
including the report on the activities of the sixth and seventh European Development Funds
and the replies of the institutions (C4-0676/98) (2),

 Having regard to the recommendation of the Council of 25 February 1999 (6322/99 

C4-0186/98),

 Having regard to the declaration of the Council on the statement of assurance of the Court of
Auditors relating to the activities of the sixth and seventh European Development Funds
(6557/99  C4-0187/99),

 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. Grants discharge to the Commission in respect of the financial management of the seventh
European Development Fund for the financial year 1997 on the basis of the following
amounts:

BALANCE SHEET OF SEVENTH EDF AT 31 DECEMBER 1997

Assets

Situation as at 31.12.1997

(ECU 1 000)

10 940 000

(4 999 888)

0

0

Total assets

5 940 112

Long-term

Initial allocation

Contributions received

Current

Debtors

Cash at bank

(1) OJ L 229, 17.8.1991.
(2) OJ C 349, 17.11.1998.

3. 7. 1999

EN

Official Journal of the European Communities

L 168/23

Liabilities

Fund capital

Initial allocation

Other resources

Expenditure

Expenditure already booked

Creditors

Treasury advance from sixth EDF

Total liabilities

10 940 000

885 288

(6 574 988)

689 812

5 940 112

USE OF RESOURCES  SEVENTH EDF AT 31 DECEMBER 1997

Breakdown of funds

Initial
appropriation

Resources
or deductions
at 31.12.1996

Resources
or deductions
during 1997

(ECU)

New 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 the European Investment Bank and
to have them published in the Official Journal (L series).

The Secretary-General

Julian PRIESTLEY

The President

José María GIL-ROBLES