1999/429/EC: Decision of the European Parliament of 4 May 1999 giving discharge to the Commission in respect of the financial management of the sixth 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 168/20

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
sixth European Development Fund for the financial year 1997

(1999/429/EC)

THE EUROPEAN PARLIAMENT,

 Having regard to the EC Treaty,

 Having regard to the third 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 special report No 24/98 of the Court of Auditors concerning risk capital
operations financed from the resources of the European Development Funds, and the replies
of the Commission (3),

 Having regard to the Recommendation of the Council of 25 February 1999 (6321/99 

C4-0185/99),

 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 sixth
European Development Fund for the financial year 1997 on the basis of the following
amounts:

BALANCE SHEET OF THE SIXTH EDF AT 31 DECEMBER 1997

Assets

Situation as at 31.12.1997

Long-term

Initial allocation

EIB special contribution

Current

Treasury advance to seventh EDF

Advances

Cash at bank

Total assets

(1) OJ L 86, 31.3.1986.
(2) OJ C 349, 17.11.1998.
(3) OJ C 3 89, 14.12.1998.

(ECU 1 000)

7 500 000

60 000

689 812

17 907

421 547

1 129 267

3. 7. 1999

EN

Official Journal of the European Communities

L 168/21

Liabilities

Fund capital

Initial allocation

EIB special contribution

Other resources

Expenditure paid

Expenditure already booked

Expenditure to be regularised

Creditors

Revenue to be regularised

Total liabilities

7 500 000

60 000

361 614

(6 777 641)

(14 730)

25

1 129 267

USE OF RESOURCES  SIXTH 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

7 400 000 000,00

416 153 821,96

1 933 663,16

7 818 087 485,12

Total OCT

100 000 000,00

3 526 646,39

0,00

103 526 646,39

Total

7 500 000 000,00

419 680 468,35

1 933 663,16

7 921 614 131,51

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