COMMUNICATION FROM THE COMMISSION Estimate of European Development Fund commitments, payments and contributions to be paid by Member States for 2012, 2013 and 2014
Date: 2012-10-24
Institutions: European Commission
Subjects: European Development Fund, Member States' contribution, budget estimate, financial year, inclusion in the budget

EUROPEAN 
COMMISSION 

Brussels, 24.10.2012  
COM(2012) 610 final 

COMMUNICATION FROM THE COMMISSION 

Estimate of European Development Fund commitments, payments and contributions to 
be paid by Member States for 2012, 2013 and 2014 

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COMMUNICATION FROM THE COMMISSION 

Estimate of European Development Fund commitments, payments and contributions to 
be paid by Member States for 2012, 2013 and 2014 

1. 

INTRODUCTION 

In accordance with Article 7(1) and (5) of the Internal Agreement1, the Commission 
presents in this document estimates of commitments, payments and contributions for 
the  period  2012  to  20142,  taking  into  account  the  forecasts  of  the  European 
Investment  Bank  (EIB).  The  Member  States  contribute  funds  directly  to  the 
European Investment Bank for the instruments which it manages under the 9th and 
10th  EDFs  (the  Investment  Facility  and  interest-rate  subsidies).  Therefore  this 
communication draws a clear distinction between funds managed by the EIB under 
the 9th and 10th EDFs and those managed by the Commission. 

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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). 
As  the  financial  framework  for  the  period  after  2013  has  not  been  agreed  and  is  expected  to  have  a 
material impact on the implementation figures, we prefer not to present any forecasts for commitments, 
payments and contributions for the years 2014 - 2016 (Commission and EIB). 

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The graph below shows the general trend in gross commitments and payments since 
1999, including projections for 2013-2014 (Commission and EIB cumulated). It 
clearly shows the upward trend in commitments and disbursements since 1999, due 
to a speed up in the implementation of aid.  

5,500

4,750

4,000

3,250

2,500

1,750

COMMITM

PAYMENTS

1,000

1999

COMMITM 2,958

PAYMENTS

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

5,241

3,483

2009

4,158

3,359

2010

3,113

3,660

2011

3,740

3,308

2012

3,980

3,456

2013

4,902

3,694

2014

4,440

3,850

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2. 

FINANCIAL FORECASTS FOR 2012 – 20143 

The following table provides an update of the commitments, the payments and of the 
contributions, based on our latest forecasts 

Forecasts 2012-2014 (*)

Commitments

Commission
EIB
Payments

Commission
EIB
Contributions

Commission
EIB

2012

3,400
580

3,056
400

2,600
280

2013

4,262
640

3,174
420

3,100
250

p.m.
2014

3,750
690

3,400
450

3,250
360

* gross amounts, i.e. no decommitments or recoveries/reflows have been deducted. This 
approach is in line with that used for the general budget of the EU.

* As 2014 will be the first year of the new 11th EDF, for which the amount of the fund has 
not yet been established, the amounts mentioned are pro-memory

3. 

FINANCIAL IMPLEMENTATION FORECASTS FOR 2011 - 2013 

The Commission and the EIB have updated their commitment and payment forecasts 
for 2012 and 2013 for each of the ACP4 countries and the OCTs5. The result and the 
amount of contributions necessary to finance the EDF for 2012 to 2013 are set out in 
Attachments 1 to 3 where they are compared with the figures given in the June 2012 
communication6.  

The contributions 2012 and 2013 by instalment and by Member State are presented 
in the Attachments 4 and 5. 

3 
4 
5 
6 

The figures for 2014 will be updated after the adoption of the financial framework 2014 - 2020. 
African, Caribbean and Pacific States 
Overseas Countries and Territories 
COM(2012)386 final of 10.07.2012  

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Attachment 1: Forecast commitments for 2012, 2013 and 2014 (EUR million)

2012

2013

2014

COM June 
12

revised Oct 
12

COM June 12

revised Oct 
12

COM June 12

revised Oct 12

Regions

East Africa

West Africa

Central Africa

Caribbean

Pacific

Southern Africa

Sub-total

Other

Water and Energy Facility

Other*
Sub-total

774

986

352

310

141

483

769

1,053

297

203

101

481

3,046

2,903

81

273

25

473

1,203

1,640

6

231

140

474

3,694

109

459

568

Total European Commission

3,400

3,400

4,200

4,262

3,750

3,750

Investment facility

Interest rate subsidies

Total EIB

500

122

622

500

80

580

550

86

636

550

90

640

TOTAL EC+EIB

4,022

3,980

4,836

4,902

685

4,435

600

90

690

4,440

Gross commitments, i.e. without decommitments being deducted.

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

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Attachment 2: Forecasts payments for 2012, 2013 and 2014(EUR million)

2012

2013

2014

COM June 12 Revised Oct 12 COM June 12 Revised Oct 12 COM June 12 Revised Oct 12

Regions

East Africa

West Africa

Central Africa

Caribbean

Pacific

Southern Africa

Sub-total

Other 

Peace Facility

Infrastructure Trust Fund

Water and Energy Facility

Risk capital (*) 
Other 

Sub-total

431

797

401

271

130

363

424

832

334

223

106

323

2,393

2,242

92

50

113

20
435

710

166

50

101

20
477

814

458

848

426

250

133

386

2,501

170

0

120

20
363

673

Total European Commission

3,103

3,056

3,400

3,174

3,400

3,400

Investment facility

Interest rate subsidies

Total  EIB

TOTAL EC+EIB

313

122

435

320

80

400

320

86

406

330

90

420

3,538

3,456

3,806

3,594

360

90

450

3,850

545

3,945

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

* Including interest rate subsidies under previous EDFs

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Attachment 3: Financial situation estimated 2012, 2013 and 2014 (EUR million)

COM June 20121

Revision October 2012

C o mmissio n

1,140
2,600
1,950
450
200
-295
7

65

-3,103

414
3,300
1,900
1,050
350

50
-3,400
364
3,400

50

-3,400
414

Balance 31/12/2011 2
Member States contributions,  of which:

1st instalment
2nd instalment
3rd instalment

2

1

0

2

Contributions 2012 received  in 2011
Contributions 2011 received  in 2012
Reflows 3
Recoveries, interest and other
Total payments 4
Balance at 31/12/2012
Member States contributions,  of which:

1st instalment
2nd instalment
3rd instalment

Reflows 3
Recoveries, interest and other
Total payments 4
Balance at 31/12/2013
Member States contributions
Reflows 3
Recoveries, interest and other
Total payments 4
Balance at 31/12/2014

COM(2012) 387

Funds available for operations,

 Net of EIB management fees

 Including interest rates subsidies under the previous EDFs

3

1

0

2

4

1

0

2

1

2

3

4

EN 

TOTAL

C o mmissio n

1,233
2,880
2,050
550
280
-295
7

110
65

-3,538

462
3,550
2,000
1,150
400

110
50
-3,806
366
3,920

120
50

-3,945
511

1,140
2,600
1,950
450
200
-295
7

65

-3,056

461
3,100
1,850
1,000
250

50
-3,174
437
3,250

50

-3,400
337

EIB

93
280
100
100
80

110

-400

83
250
100
100
50

115

-420
28
360

120

-450
58

TOTAL

1,233
2,880
2,050
550
280
-295
7

110
65

-3,456

544
3,350
1,950
1,100
300

115
50
-3,594
465
3,610

120
50

-3,850
395

EIB

93
280
100
100
80

110

-435

48
250
100
100
50

110

-406
2
520

120

-545
97

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Attachment 4: Member States contributions 2012 (in thousands of EUROS)

MEMBER STATES

Key 9th 
EDF

%

Key 
10th 
EDF

%

1st instalment

2nd instalment

 3rd instalment

paid to
EIB

paid to
Commission

paid to
EIB

paid to
Commission

paid to
EIB

paid to
Commission

9th EDF

10th EDF

9th EDF

10th EDF

9th EDF

10th EDF

Total EIB

Total 
Commission

Total 2012

BELGIUM

DENMARK

GERMANY

GREECE

SPAIN

FRANCE

IRELAND

ITALY

LUXEMBOURG

NETHERLANDS

AUSTRIA

PORTUGAL

FINLAND

SWEDEN

3.92

2.14

3.53

2.00

3,920

2,140

68,835

39,000

3,920

2,140

23.36

20.50

23,360

399,750

23,360

1.25

5.84

1.47

7.85

1,250

5,840

28,665

153,075

1,250

5,840

24.30

19.55

24,300

381,225

24,300

0.62

0.91

620

17,745

620

12.54

12.86

12,540

250,770

12,540

0.29

5.22

2.65

0.97

1.48

2.73

0.27

4.85

2.41

1.15

1.47

2.74

290

5,220

2,650

970

1,480

2,730

5,265

94,575

46,995

22,425

28,665

53,430

290

5,220

2,650

970

1,480

2,730

UNITED KINGDOM

12.69

14.82

12,690

288,990

12,690

15,885

9,000

92,250

6,615

35,325

87,975

4,095

57,870

1,215

21,825

10,845

5,175

6,615

12,330

66,690

Sub-total EUR-15

BULGARIA

CZECH REPUBLIC

ESTONIA

CYPRUS

LATVIA

LITHUANIA

HUNGARY

MALTA

POLAND

ROMANIA

SLOVENIA

SLOVAKIA

Sub-total EUR-12

100.00

96.38

100,000

1,879,410

100,000

433,710

0.14

0.51

0.05

0.09

0.07

0.12

0.55

0.03

1.30

0.37

0.18

0.21

3.62

2,730

9,945

975

1,755

1,365

2,340

10,725

585

25,350

7,215

3,510

4,095

70,590

630

2,295

225

405

315

540

2,475

135

5,850

1,665

810

945

16,290

3,136

1,712

18,688

1,000

4,672

19,440

496

10,032

232

4,176

2,120

776

1,184

2,184

10,152

80,000

7,060

4,000

41,000

2,940

15,700

39,100

1,820

25,720

540

9,700

4,820

2,300

2,940

5,480

29,640

192,760

280

1,020

100

180

140

240

1,100

60

2,600

740

360

420

7,240

10,976

5,992

91,780

52,000

102,756

57,992

65,408

533,000

598,408

3,500

16,352

68,040

38,220

41,720

204,100

220,452

508,300

576,340

1,736

23,660

25,396

35,112

334,360

369,472

812

7,020

7,832

14,616

126,100

140,716

7,420

2,716

4,144

7,644

62,660

29,900

38,220

71,240

70,080

32,616

42,364

78,884

35,532

385,320

420,852

280,000

2,505,880

2,785,880

0

0

0

0

0

0

0

0

0

0

0

0

0

3,640

13,260

1,300

2,340

1,820

3,120

3,640

13,260

1,300

2,340

1,820

3,120

14,300

14,300

780

780

33,800

33,800

9,620

4,680

5,460

9,620

4,680

5,460

94,120

94,120

TOTAL EUR-27

100.00

100.00

100,000

1,950,000

100,000

450,000

80,000

200,000

280,000

2,600,000

2,880,000

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Attachment 5: Forecasted Member States contributions 2013 (in thousands of EUROS)

MEMBER STATES

Key 
9th 
EDF

Key 
10th 
EDF

1st instalment

2nd instalment

 3rd instalment

%

%

paid to

paid to

paid to

paid to

paid to

paid to

EIB

Commission

EIB

Commission

EIB

Commission

9th EDF

10th EDF

9th EDF

10th EDF

9th EDF

10th EDF

Total EIB

T o tal    
C o mmissio n

Total 2013

BELGIUM

DENMARK

GERMANY

GREECE

SPAIN

FRANCE

IRELAND

ITALY

LUXEMBOURG

NETHERLANDS

AUSTRIA

PORTUGAL

FINLAND

SWEDEN

3.92

2.14

3.53

2.00

3,920

2,140

65,305

37,000

3,920

2,140

35,300

20,000

23.36

20.50

23,360

379,250

23,360

205,000

1.25

5.84

1.47

7.85

24.30

19.55

0.62

12.54

0.29

5.22

2.65

0.97

1.48

2.73

0.91

12.86

0.27

4.85

2.41

1.15

1.47

2.74

1,250

5,840

24,300

620

12,540

290

5,220

2,650

970

1,480

2,730

27,195

145,225

361,675

16,835

237,910

4,995

89,725

44,585

21,275

27,195

50,690

1,250

5,840

24,300

620

12,540

290

5,220

2,650

970

1,480

2,730

14,700

78,500

195,500

9,100

128,600

2,700

48,500

24,100

11,500

14,700

27,400

UNITED KINGDOM

12.69

14.82

12,690

274,170

12,690

148,200

1,960

1,070

11,680

625

2,920

12,150

310

6,270

145

2,610

1,325

485

740

1,365

6,345

8,825

5,000

51,250

3,675

19,625

48,875

2,275

32,150

675

12,125

6,025

2,875

3,675

6,850

9,800

5,350

58,400

3,125

14,600

60,750

1,550

31,350

725

109,430

62,000

119,230

67,350

635,500

693,900

45,570

243,350

606,050

28,210

398,660

8,370

48,695

257,950

666,800

29,760

430,010

9,095

13,050

150,350

163,400

6,625

2,425

3,700

6,825

74,710

35,650

45,570

84,940

81,335

38,075

49,270

91,765

37,050

31,725

459,420

491,145

Sub-total EUR-15

BULGARIA

CZECH REPUBLIC

ESTONIA

CYPRUS

LATVIA

LITHUANIA

HUNGARY

MALTA

POLAND

ROMANIA

SLOVENIA

SLOVAKIA

100

# # # #

100,000

1,783,030

100,000

963,800

50,000

240,950

250,000

2,987,780

3,237,780

0.14

0.51

0.05

0.09

0.07

0.12

0.55

0.03

1.30

0.37

0.18

0.21

2,590

9,435

925

1,665

1,295

2,220

10,175

555

24,050

6,845

3,330

3,885

1,400

5,100

500

900

700

1,200

5,500

300

13,000

3,700

1,800

2,100

350

1,275

125

225

175

300

1,375

75

3,250

925

450

525

4,340

15,810

1,550

2,790

2,170

3,720

17,050

930

40,300

11,470

5,580

6,510

4,340

15,810

1,550

2,790

2,170

3,720

17,050

930

40,300

11,470

5,580

6,510

Sub-total EUR-12

3.62

66,970

36,200

9,050

112,220

112,220

TOTAL EUR-27

100

100

100,000

1,850,000

100,000

1,000,000

50,000

250,000

250,000

3,100,000

3,350,000

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