1999/431/ECSC: Decision of the European Parliament of 4 May 1999 giving discharge to the Commission in respect of the management of the ECSC for the financial year 1997
Date: 1999-05-04
Institutions: European Parliament
Subjects: ECSC, European Commission, European Parliament, budgetary discharge, financial management

3. 7. 1999

EN

Official Journal of the European Communities

L 168/25

DECISION OF THE EUROPEAN PARLIAMENT

of 4 May 1999

giving discharge to the Commission in respect of the management of the ECSC for the
financial year 1997

(1999/431/ECSC)

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, and the results of ECSC operations for the financial year ending on the
same date,

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 Parliament 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 them published in the Official Journal (L series).

(1) OJ C 225, 13.8.1998, p. 3.
(2) OJ C 352, 18.11.1998, p. 1.

L 168/26

EN

Official Journal of the European Communities

3. 7. 1999

ECSC BALANCE SHEET AT 31 DECEMBER 1997

ASSETS

(ECU)

31 December 1997

31 December 1996

Balance with central banks
Loans/advances to credit institutions
Loans/advances to customers
Bonds/other fixed income securities
Tangible and intangible assets
Other assets
Prepayments and accrued income

TOTAL ASSETS

Off balance sheet commitments

555 027
2 120 510 437
1 925 994 228
1 623 506 318
2 623 844
87 399 574
169 427 311

5 930 016 739

590 786 635

602 921
2 917 639 952
2 422 520 347
1 447 389 772
3 412 827
20 146 111
198 377 594

7 010 089 524

1 684 494 717

LIABILITIES

(ECU)

Amounts owed to credit institutions
Debts evidenced by certificates
Other liabilities
Accruals and deferred income
Provisions for liabilities and charges
Commitments for ECSC operating budget

31 December 1997

31 Decembre 1996

2 277 710 073
1 359 610 749
12 788 060
121 190 289
87 376 377
853 779 193

2 542 395 630
2 134 840 697
78 273 662
159 831 193
75 213 372
1 059 928 511

Total liabilities vis-à-vis third parties

4 712 454 741

6 050 483 065

Provisions for financing operating budget
Provisions for large exposures
Reserves
Value adjustment reserve
Surplus brought forward
Surplus for the financial year

441 712 926
27 000 000
745 678 210
313 119
537 606
2 320 137

207 586 988
36 000 000
712 716 452
1 060 011
132 487
2 110 521

Net total

1 217 561 998

959 606 459

TOTAL LIABILITIES

Off balance sheet commitments

5 930 016 739

712 444 915

7 010 089 524

3 578 156 001

3. 7. 1999

EN

Official Journal of the European Communities

L 168/27

PROFIT AND LOSS ACCOUNTS FOR YEAR ENDING 31 DECEMBER 1997

CHARGES

(ECU)

31 December 1997

31 December 1996

Interest payable and similar charges
Commissions payable
Net losses on financial operations
Administrative expenditure
Value adjustments (tangible assets)
Other operating charges
Value adjustments (loans/advances/provisions)

Total operating charges

Allocation to the value adjustment reserve
Extraordinary charges
Conversion difference
Legal commitments for the financial year
Allocation to provision for operating budget
Allocation to the guarantee fund

Total charges

Surplus for the financial year

TOTAL

INCOME

Interest received and similar income
Net profit on financial operations
Value adjustment (loans/advances/provisions)
Other operating income

Total operating income

Exchange differences
Withdrawal from the value adjustment reserve
Income relating to operating budget
Transfer from provision for operating budget
Transfer from Guarantee Funds/Special reserve

331 419 509
844 743
15 931 380
5 000 000
573 251
382 650
9 190 689

363 342 222

0
580 380
746 892
180 869 553
274 000 000
31 256 356

850 795 403

2 320 137

853 115 540

580 314 585
1 264 272
7 939 476
5 000 000
777 962
382 568
61 899 378

657 578 241

1 060 011
4 593 762
0
201 176 900
73 131 189
19 000 000

956 540 103

2 110 521

958 650 624

31 December 1997

31 December 1996

(ECU)

420 240 962
13 235 896
46 198 844
22 507 685

502 183 387

0
746 892
301 054 072
49 131 189
0

699 872 042
29 031 637
22 092 016
1 544 770

752 540 465

1 060 011
0
190 427 105
14 623 043
0

TOTAL INCOME

853 115 540

958 650 624

L 168/28

EN

Official Journal of the European Communities

3. 7. 1999

IMPLEMENTATION OF THE ECSC OPERATING BUDGET

OUTTURN

Expenditure

Administrative expenditure
Legal commitments
Financing of future operational budgets

Total

Revenue

Levy
Fines
Interest subsidies
Miscellaneous
Cancellations of legal commitments
Surplus from previous budget
Net balance for the year

Total

BUDGET
OUTTURN

31 December 1997

31 December 1996

(ECU)

5 000 000
180 869 553
274 000 000

459 869 553

101 640 567
0
4 168 145
0
195 235 395
49 131 189
109 694 257

459 869 553

5 000 000
201 176 900
0

206 176 900

95 872 589
0
4 336 252
9 397
89 966 808
14 623 043
50 500 000

255 308 089

0

49 131 189

RESULTS FOR FINANCIAL YEAR

(ECU)

from non-budgetary

after
Result
deducting the net balance allocated to the oper-
ating budget
Outturn of the budget

operations

31 December 1997

31 December 1996

33 476 493

45 110 521

0

49 131 189

Allocation to provision for operating budget
Allocation to the Guarantee Fund

0
–31 256 356

Total

33 576 493

94 241 710

–73 131 189
–19 000 000

RESULT BEFORE ALLOCATION

2 320 137

2 110 521

The Secretary-General

Julian PRIESTLEY

The President

José María GIL-ROBLES