Communication from the Commission - European Development Fund (EDF) - Estimate of commitments and payments and of contributions to be paid by the Member States for 2009 to 2013
Date: 2009-11-04
Institutions: European Commission
Subjects: European Development Fund, Member States' contribution, budget estimate, financial year, inclusion in the budget

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COMMISSION OF THE EUROPEAN COMMUNITIES 

Brussels, 4.11.2009 
COM(2009)616 final 

COMMUNICATION FROM THE COMMISSION 

EUROPEAN DEVELOPMENT FUND (EDF) 

Estimate of commitments and payments and of contributions to be paid by the Member 
States for 2009 to 2013 

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INTRODUCTION 

In accordance with Article 7(1) and (5) of the Internal Agreement,1 the Commission 
presents in this document estimates of commitments, payments and contributions for 
the  period  2009  to  2013,  taking  into  account  the  forecasts  of  the  European 
Investment Bank (EIB) concerning the Investment Facility.  

Since the entry into force of the 9th European Development Fund (EDF) in 2003, the 
Member  States  have  made  direct  contributions  to  the  EIB  for  the  instruments  it 
manages  (the  Investment  Facility  and  interest-rate  subsidies).  This  communication 
therefore draws a clear distinction between funds managed by the EIB under the 9th 
and 10th EDFs and those managed by the Commission. 

As in previous years, this document consists mainly of tables accompanied by a few 
explanations to help interpretation. 

The  graph  below  gives  an  overview  of  the  trend  in  commitments  and  payments 
(Commission2  and  EIB).  It  clearly  shows  the  structural  upward  trend  of  payments 
since 2000. 

5.000

4.000

3.000

 €

m

2.000

1.000

0

commitments

1997

784
1.382

1998

2.606
1.595

1999

2.958
1.352

2000

4.007
1.640

2001

1.927
1.779

2002

2.125
1.922

2003

4.137
2.349

2004

2.972
2.558

2005

4.020
2.704

2006

4.049
3.062

2007

3.922
3.251

2008

5.242
3.483

2009

3.836
3.628

 - commitments  ― payments 

1 

2 

Internal  Agreement  between  the  Representatives  of  the  Governments  of  the  Member  States,  meeting 
within the Council, on the financing of Community aid under the multiannual financial framework for 
the period 2008 to 2013 in accordance with the ACP-EC Partnership Agreement and on the allocation 
of financial assistance for the Overseas Countries and Territories to which Part Four of the EC Treaty 
applies (OJ L 247, 9.9.2006, p. 32). 
The commitments and payments for the Commission are “gross” figures, i.e. without the deduction of 
decommitments and recoveries. 

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1. 

FINANCIAL IMPLEMENTATION FORECASTS FOR 2009 AND 2010 

The Commission and the EIB have updated their commitment and payment forecasts 
for 2009 and 2010 for each of the ACP3 countries and the OCTs4. The result and the 
amount of contributions necessary to finance the EDF are set out in Annexes 1 to 3 
where they are compared with the figures given in the June 2009 communication5.  

At  the  beginning  of  2009  the  Commission  has  replaced  the  EDF  computer 
accounting system with a new one, modelled on the programme used for the general 
budget. 

The EIB notes that the estimated 2009 year-end balance is mainly based on a forecast 
of the capital and interest repayments, a large part of which is due in mid-December. 
These repayments are unpredictable and may be early or late. 

In  accordance  with  Article  57(4)  of  the  Financial  Regulation  applicable  to  the 
10th EDF6, the forecasts will be revised in the June 2010 communication.  

2. 

Financial years 2009 to 2013 

It should be remembered that the margin of error in medium-term estimates is high.  

Following  the  entry  into  force  of  the  10th  EDF,  the  Commission  is  obliged  to 
propose a ceiling on the annual amount of the contributions for year n+2, i.e. 20117. 
A  figure  of  €220  million  is  proposed  for  the  EIB  and  €3.950  million  for  the 
Commission. 

The table below sets out the result of the forecasts for 2009-2013. The relatively high 
gap  between  payments  and  contributions  for  the  EIB  is  due  to  the  fact  that,  since 
2007, some of the payments have been financed by loan repayments. 

3 
4 
5 

6 
7 

African, Caribbean and Pacific States. 
Overseas Countries and Territories. 
COM(2009) 310 final of 29.06.2009. The figures for the Investment Facility are as given by the EIB 
and are contained in the same Communication. 
OJ L 78, 19.3.2008, p. 1. 
Article 7 of the Internal Agreement (see paragraphs 1-4). 

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Forecast of commitments, payments and contributions 2009-2013 (EUR million) 
2010 

2011 

2012 

2013 

2009 

Commitments 

Commission 
EIB 

Payments 

Commission 
EIB 
Contributions 

Commission 
EIB 

3351
485

3298
330

3300
145

3704
500

3601
410

3500
240

3750
500

4000
430

3950
220

3750
550

4100
430

4000
210

3200 
470 

4200 
370 

4100 
200 

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ANNEX 1 – Forecast commitments for 2009, 2010 and 2011 (EUR million) 

2009 

2010 

June 09 
Comm 

Revised 
Oct 09 

June 09 
Comm 

Revised 
Oct 09 

2011 

Oct 09 
Comm 

Regions 

East Africa 

West Africa 

Central Africa 

Carribbean 

Pacific 

Southern Africa 

Sub-total 

751 

737 

569 

262 

73 

275 

890 

655 

555 

115 

85 

340 

518 

897 

377 

319 

178 

633 

2667 

2.640 

2.922 

Horizontal issues 

Peace Facility 

Infrastructure Fund 

Vulnerability FLEX 

Water and Energy Facility 

Other* 
Sub-total 

0 

100 

100 

0 

180 
380 

0 

200 

230 

100 

181 

711 

0 

0 

270 

300 

212 
782 

Total European Commission 

3.047 

3.351 

3.750 

3.704 

3.750 

Investment Facility 

Interest rate subsidies 

Total EIB  

TOTAL 

450 

80 

530 

450 

35 

485 

450 

50 

500 

450 

50 

500 

550 

3.577 

3.836 

4.300 

4.204 

4.250 

(*): Includes certain support expenditures, e.g. to support joint institutions and the ACP 
Secretariat 

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ANNEX 2 – Forecast payments for 2009 and 2010 (EUR million) 

Regions

East Africa

West Africa

Central Africa

Carribean

Pacific

Southern Africa

Sub-total

2009

2010

June 09 
Comm

Revised 
Oct 09

June 09 
Comm

Revised 
Oct 09

2011

Oct 09 
Comm

743

778

407

296

65

400

490

720

335

261

77

459

649

808

359

360

65

445

2.689

2.342

2.686

Horizontal issues

Peace Facility

Infrastructure Fund

Vulnerability FLEX

Water and Energy Facility

Risk capital*

HIPC debt relief

Global Fund Tubercolosis and  Malaria

Others
Sub-total

Stabex

88

1

108

37

100

100

181

615

17

89

0

200

116

37

100

100

297

939

17

80

47

250

98

20

86

50

264

895

20

Total European Commission

3.321

3.298

3.600

3.601

4.000

Investment Facility

Interest rate subsidies

Total EIB 

TOTAL EC+EIB

349

80

429

295

35

330

340

100

440

360

50

410

380

50

430

3.750

3.628

4.040

4.011

4.430

Gross payments, i.e. without recoveries being deducted. 

*Including interest rates subsidies under the previous EDFs 

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ANNEX 3 - Financial situation estimated for 2009, 2010 and 20118 (EUR million) 

June 2009 Communication*

October 2009 Revision

TOTAL

EC

Balance at 31/12/2008
Contributions 2009, of which

1st instalment
2nd instalment
3rd instalment

Contributions 2009 advance payments
Reflows
Recoveries, interest and other
Total payments
Payments Stabex (already financed)
Balance at 31/12/2009
Contributions 2010, of which

1st instalment
2nd instalment
3rd instalment

Reflows
Recoveries, interest and other
Total payments
Payments Stabex (already financed)
Balance at 31/12/2010
Contributions 2011, of which
Reflows
Recoveries, interest and other
Total payments
Payments Stabex (already financed)
Balance at 31/12/2011

9
0
0
2

0
1
0
2

1
1
0
2

*COM(2009) 310 final dated 29.6.2009 

EC

186
3300
1750
1100
450
-233

65
-3321
17
14
3500

65
-3600
30
9

EIB

138
165
55
90
20

134

-429

8
240

188

-440

-4

324
3465
1805
1190
470
-233
134
65
-3750
17
22
3740

188
65
-4040
30
5

-3650

-450

-4100

186
3300
1750
1100
450
-233

55
-3298
17
27
3500
1800
1200
500

55
-3601
20
1
3950

55
-4000
20
26

EIB

138
145
55
90
0

100

-330

53
240
100
120
20
150

-410

33
220
190

-430

13

TOTAL

324
3445
1805
1190
450
-233
100
55
-3628
17
80
3740
1900
1320
520
150
55
-4011
20
34
4170
190
55
-4430
20
39

8 

Funds available for operations 

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ANNEX 4 - 2009 EDF Contributions by Member State (EUR) 

Member State

Scale

1st instalment

2nd instalment

3rd instalment

TOTAL instalments

paid to

paid to 

%

EIB

Commission

paid to

EIB

paid to 

payable to

payable to

Commission

EIB

Commission

GERMANY

BELGIUM

DENMARK

SPAIN

FRANCE

GREECE

IRELAND

ITALY

23,36

12.848.000

408.800.000

21.024.000

256.960.000

3,92

2,14

5,84

2.156.000

68.600.000

1.177.000

37.450.000

3.212.000

102.200.000

3.528.000

1.926.000

5.256.000

43.120.000

23.540.000

64.240.000

24,30

13.365.000

425.250.000

21.870.000

267.300.000

1,25

0,62

687.500

341.000

21.875.000

1.125.000

13.750.000

10.850.000

558.000

6.820.000

12,54

6.897.000

219.450.000

11.286.000

137.940.000

LUXEMBOURG

NETHERLANDS

PORTUGAL

0,29

5,22

0,97

159.500

5.075.000

261.000

3.190.000

2.871.000

91.350.000

4.698.000

57.420.000

533.500

16.975.000

873.000

10.670.000

UNITED KINGDOM

12,69

6.979.500

222.075.000

11.421.000

139.590.000

AUSTRIA

FINLAND

SWEDEN

TOTAL

2,65

1,48

2,73

1.457.500

46.375.000

814.000

25.900.000

1.501.500

47.775.000

2.385.000

1.332.000

2.457.000

29.150.000

16.280.000

30.030.000

100,00

55.000.000 1.750.000.000

90.000.000

1.100.000.000

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

105.120.000

17.640.000

9.630.000

26.280.000

109.350.000

5.625.000

2.790.000

56.430.000

1.305.000

23.490.000

4.365.000

57.105.000

11.925.000

6.660.000

12.285.000

804.752.000

135.044.000

73.723.000

201.188.000

837.135.000

43.062.500

21.359.000

432.003.000

9.990.500

179.829.000

33.416.500

437.170.500

91.292.500

50.986.000

94.048.500

450.000.000

3.445.000.000

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ANNEX 5 - 2010 EDF Contributions by Member State (EUR) 

Member State

Scale

1st instalment

2nd instalment

3rd instalment

TOTAL instalments

GERMANY

BELGIUM

DENMARK

SPAIN

FRANCE

GREECE

IRELAND

ITALY

paid to

paid to 

%

EIB

Commission

paid to

EIB

paid to 

payable to

payable to

Commission

EIB

Commission

23,36

23.360.000

420.480.000

28.032.000

280.320.000

4.672.000

116.800.000

3,92

2,14

5,84

3.920.000

70.560.000

2.140.000

38.520.000

5.840.000

105.120.000

4.704.000

2.568.000

7.008.000

47.040.000

25.680.000

784.000

428.000

19.600.000

10.700.000

70.080.000

1.168.000

29.200.000

24,30

24.300.000

437.400.000

29.160.000

291.600.000

4.860.000

121.500.000

1,25

0,62

1.250.000

22.500.000

1.500.000

15.000.000

620.000

11.160.000

744.000

7.440.000

250.000

124.000

6.250.000

3.100.000

12,54

12.540.000

225.720.000

15.048.000

150.480.000

2.508.000

56.430.000

LUXEMBOURG

NETHERLANDS

PORTUGAL

0,29

5,22

0,97

290.000

5.220.000

348.000

3.480.000

58.000

1.305.000

5.220.000

93.960.000

970.000

17.460.000

6.264.000

1.164.000

62.640.000

1.044.000

26.100.000

11.640.000

194.000

4.850.000

UNITED KINGDOM

12,69

12.690.000

228.420.000

15.228.000

152.280.000

2.538.000

63.450.000

2,65

1,48

2,73

2.650.000

47.700.000

1.480.000

26.640.000

2.730.000

49.140.000

3.180.000

1.776.000

3.276.000

31.800.000

17.760.000

32.760.000

530.000

296.000

546.000

13.250.000

7.400.000

13.650.000

AUSTRIA

FINLAND

SWEDEN

TOTAL

873.664.000

146.608.000

80.036.000

218.416.000

908.820.000

46.750.000

23.188.000

462.726.000

10.701.000

195.228.000

36.278.000

474.606.000

99.110.000

55.352.000

102.102.000

100,00

100.000.000 1.800.000.000

120.000.000

1.200.000.000

20.000.000

500.000.000

3.740.000.000

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