Final accounts of the 8th, 9th and 10th European Development Funds — Financial year 2011
Date: 2012-11-14
Institutions: European Commission
Subjects: European Development Fund, closing of accounts, consolidated account, financial situation, implementation of the budget








C_2012347EN.01000101.xml










14.11.2012   


EN


Official Journal of the European Union


C 347/1





FINAL ACCOUNTS OF THE 8TH, 9TH AND 10TH EUROPEAN DEVELOPMENT FUNDS — FINANCIAL YEAR 2011
2012/C 347/01

TABLE OF CONTENTS


Note accompanying the accounts


Implementing and accounting for the EDF resources








PART I —


EDF annual accounts: funds managed by the European commission










1.

FINANCIAL STATEMENTS OF THE 8TH, 9TH AND 10TH EUROPEAN DEVELOPMENT FUNDS









1.1

8th, 9th and 10th EDFs: Aggregated balance sheet, economic outturn account, cash flow statement and statement of changes in net assets









1.2

8th EDF: Balance sheet, economic outturn account and statement of changes in net assets









1.3

9th EDF: Balance sheet, economic outturn account and statement of changes in net assets









1.4

10th EDF: Balance sheet, economic outturn account and statement of changes in net assets









1.5

Notes to the financial statements of the 8th, 9th and 10th EDFs









2.

REPORT ON FINANCIAL IMPLEMENTATION









2.1

Allocations









2.2

Consolidated accounts









2.3.

Other management information










PART II —


EDF annual accounts: financial statements of the investment facility










3.

FINANCIAL STATEMENTS OF THE INVESTMENT FACILITY









3.1

Statement of comprehensive income for the year ended 31 December 2011









3.2

Statement of financial position as at 31 December 2011









3.3

Statement of changes in contributors' resources









3.4

Statement of cash flows for the year ended 31 December 2011









3.5

Notes to the financial statements










ANNEX TO PART I —


CHAPTER 2 (Report on the financial implementation): situation by country and by instrument




CERTIFICATION OF THE ACCOUNTS

The annual accounts of the 8th, 9th and 10th European Development Funds for the year 2011 have been prepared in accordance with Title VIII of the Financial Regulation of the 10th European Development Fund and with the accounting principles, rules and methods set out in annex to the financial statements.
I acknowledge my responsibility for the preparation and presentation of the annual accounts of the 8th, 9th and 10th European Development Funds in accordance with Article 125 of the Financial Regulation of the 10th European Development Fund.
I have obtained from the authorising officer and from the EIB, who guarantee its reliability, all the information necessary for the production of the accounts that show the European Development Funds' assets and liabilities and the budgetary implementation.
I hereby certify that based on this information, and on such checks as I deemed necessary to sign off the accounts, I have a reasonable assurance that the accounts present a true and fair view of the financial position of the European Development Funds in all material aspects.



[signed]

Philippe TAVERNE

Accounting Officer




IMPLEMENTING AND ACCOUNTING FOR THE EDF RESOURCES

1.   BACKGROUND
The European Union has cooperative development relations with a large number of developing countries. The main purpose is to promote economic and social development with a particular focus on reducing and alleviating poverty in the long-term, by providing beneficiary countries with development aid and technical assistance. To achieve this, the Union draws up, jointly with the partner countries, cooperation strategies and mobilises the financial resources to implement them. These Union resources allocated to development come from three sources:






—


The European Union budget










—


The European Development Fund










—


The European Investment Bank




The European Development Fund (EDF) is the main instrument for providing Union aid for development cooperation to the African, Caribbean and Pacific (ACP) States and Overseas Countries and Territories (OCTs). The 1957 Treaty of Rome made provision for its creation with a view to granting technical and financial assistance, initially limited to African countries which at that time were still colonised and with which some Member States had historical links.
The EDF is not funded by the European Union's budget. It is funded by the Member States, subject to its own financial regulation and managed by a specific committee. The European Commission is responsible for the financial implementation of the operations carried out with EDF resources and the European Investment Bank (EIB) manages the Investment Facility.
During the period 2008-2013, the geographic aid granted to ACP States and OCTs will continue to be mainly funded by the EDF. Each EDF is usually concluded for a period of around five years. Since the conclusion of the first partnership convention in 1964, the EDF programming cycles have generally followed the partnership agreement/convention cycles. Each EDF is governed by its own Financial Regulation which imposes the preparation of financial statements for each individual EDF. Accordingly, financial statements are prepared separately for each EDF in respect of the part that is managed by the European Commission. These financial statements are also presented in an aggregated way so as to provide a global view of the financial situation of the resources for which the European Commission is responsible.
Within the framework of the Cotonou agreement, the Investment Facility was established. This Investment Facility is managed by the European Investment Bank and is used to support private sector development in the ACP States by financing essentially – but not exclusively – private investments. The Facility is designed as a renewable fund, so that loan repayments can be reinvested in other operations, thus resulting in a self-renewing and financially independent Facility. As the Investment Facility is not managed by the European Commission, it is not consolidated in the first part of the annual accounts – the financial statements of the 8th, 9th and 10th EDFs and the related report on financial implementation. The financial statements of the Investment Facility are included as a separate part of the annual accounts (part 2) to provide a full picture of the development aid of the EDF. The 10th EDF covers the period from 2008 to 2013 and has an overall budget of EUR 22 682 million. Of this amount, EUR 21 966 million is allocated to the ACP countries, EUR 286 million to the OCTs and EUR 430 million to the Commission as support expenditure for programming and implementation of the EDF (1).
2.   HOW IS THE EDF FUNDED?
The European Council of 15-16 December 2005 adopted the financial perspectives for 2007-2013. In this context it was decided that geographical cooperation with the ACP States would not be integrated into the European Union budget (budgetised), but would continue to be funded through the existing inter-governmental EDF for the period 2008-2013.
The European Union budget is annual and according to the budgetary principle of annuality, expenditure and revenue are planned and authorised for one year. Unlike the European Union, the EDF is a fund operating on the basis of multiannuality. Each EDF is concluded through a partnership agreement between Member States and is associated with an overall fund to implement development cooperation during a period of usually five years. As resources are allocated on a multiannual basis, the allocated funds may be used over the period of the EDF. The lack of budget annuality is highlighted in the budgetary reporting, where the budgetary implementation of the EDFs is measured against the total funds.
The EDF resources are “ad hoc” contributions from the EU Member States. Approximately every five years, Member State representatives meet at intergovernmental level to decide on an overall amount that will be allocated to the Fund and to oversee its implementation. The Commission then manages the fund. Since Member States have their own development and aid policies in addition to the Union wide policies, the Member States must coordinate their policies with the EU to ensure they are complementary. Until 2010, contributions were called from the 15 participating Member States. In 2011, the first contributions under the 10th EDF, in which the 27 Member States participate, were called.
While some funds of the 10th EDF have been set aside for unforeseen needs, most are being programmed in indicative multi-annual frameworks, mainly geographic but also thematic, currently set for the years 2008-2013. Country strategy papers, regional strategy papers and intra-ACP strategy papers have been adopted by the Commission accordingly. Their implementation is monitored annually and the strategies are reviewed at mid-term (2010, ongoing) and at end-of-term (2012). As a result of these mid-term or end-of-term reviews, the Commission may, on behalf of the European Union, revise the strategies and resource allocation in the light of the current needs and the performance of the ACP states or regions concerned.
In addition to the above mentioned contributions, it is also possible for Member States to enter into co-financing arrangements or to make voluntary financial contributions to the EDF.
3.   HOW ARE THE EDF RESOURCES MANAGED AND SPENT?
3.1   Operational expenditure

EDF operational expenditure takes different forms, depending on how the money is paid out and managed. In accordance with the Financial Regulation, the Commission implements the EDF resources using the following methods:
Decentralised management: these are the cases where the Commission delegates, more or less substantially according to the local situation of the beneficiary concerned, certain tasks for implementation of the budget to third countries.
Centralised management: this is where the budget is implemented either directly by the Commission services or indirectly where the Commission confers tasks of implementation of the budget to bodies of European Union law or national law, such as the European Union agencies of public law or with public service missions.
Joint management with international organisations: under this method, the Commission entrusts certain implementation tasks to an international organisation.
3.2   The different financial actors

The responsibility of the Authorising Officer by delegation covers the entire management process, from determining what needs to be done to achieve the policy objectives set to manage the activities launched from both an operational and budgetary standpoint, including signing legal commitments, monitoring performance, making payments and even recovering funds, if necessary.
The Head of the Delegation of the European Union is the local liaison between the Commission and the national or regional ACP/OCT authorities in the field. He/she works in close collaboration with the national or Regional Authorising Officers in defining the implementing strategy and Sectoral policies, preparing, studying and reviewing EDF programmes and projects.
The National Authorising Officer in the recipient country is a senior official appointed by the government of each ACP State/OCT. He/she represents the authorities of his/her country for all activities financed by the Fund and managed by the Commission and by the EIB. In most cases, these functions are exercised by a member of the government, generally the State Minister of Planning or Finance. The National Authorising Officer carries out the administrative, technical and financial duties of managing EDF programmes and projects.
The Accounting Officer executes payment and recovery orders drawn up by Authorising Officers and is responsible for managing the treasury, laying down accounting rules and methods, validating accounting systems, keeping the accounts and drawing up the corresponding annual accounts. Furthermore, the Accounting Officer is required to sign the accounts declaring that they provide a true and fair view of the financial position.
3.3   Implementing the EDF resources

The vast majority of financial resources awarded to ACP States and OCTs through the EDF are grants. At the beginning of each EDF, the European Union informs the ACP States and the OCTs about the level of grants which should be available to them over the period of the fund. Resources are allocated based on a country’s specific needs, taking into account the recipient country’s own policies and development efforts.
The beneficiary country develops a cooperation strategy while or after holding consultations with its development partners (donors). The cooperation strategies set with the European Union normally include both the country’s own medium-term development strategies, an analysis of the political and socio-economic context, plus the European Union’s own assessment. The European Commission’s staff provide technical support to the national authorities in preparing the cooperation strategy document.
A National Indicative Programme (NIP) is then drawn up to implement the cooperation strategy. The NIP targets the sectors and fields which will receive the aid, explains how the aid will fulfil its objectives, gives a timetable for implementation, and specifies how other actors such as International Organisations or NGOs will be involved in the programme (if relevant). This indicative global programme is subject to an annual, mid-term and end-of-the-EDF-term review and improvements and changes are made when necessary during its operation period.
3.4   Committing to spend the EDF resources

No EDF resources can be spent unless and until the Commission and the possible recipient of EDF money have entered into a written legal commitment.
Before a legal commitment (for example a contract or grant agreement) can be entered into with a third party, there must be a budget line with sufficient funds authorising the activity in question. If this condition is met, the funds required must be reserved in the budget by means of a budgetary commitment made in the accounting system. This, however, has no effect on the general accounts (or general ledger) since no charge has yet been incurred. This is because the accounting system of the EDF comprises two separate but linked elements:






(a)


budget accounts, which provide a detailed record of budget implementation; and,










(b)


general accounts, used to prepare the balance sheet and economic outturn.




The budget accounts show the commitments and payments made. They are based on the cash accounting principle, whereby an item of expense or income is only recorded in the accounts when cash is committed, paid out or received. This type of accounting is typical of the public sector whose focus has, historically, tended to be on the budget and its implementation.
The general accounts (based on the accrual accounting principle) show all expenditure and revenue over the financial year (and thus the economic outturn) and establish the financial position of the EDF in the form of a balance sheet of assets and liabilities at 31 December of a given year.
3.5   Making a payment

No payment can be made unless a budgetary commitment has already been approved by the Authorising Officer.
Pre-financing is a payment intended to provide the beneficiary with a cash advance, i.e. a float. It may be split into a number of payments over a period defined in the particular pre-financing agreement. The float or advance is either used for the purpose for which it was provided during the period defined in the agreement or is repaid – if the beneficiary does not incur eligible expenditure he/she is obliged to return the pre-financing advance to the EDF. Thus pre-financing paid is not a definitive expense until the relevant contractual conditions are met and so is recorded as an asset on the balance sheet when the initial payment is made. The amount of the pre-financing asset is reduced (wholly or partially) by the acceptance of eligible costs (which are taken as expenses in the economic outturn account) and amounts returned.
At year-end, an assessment has to be made concerning eligible expenses incurred by beneficiaries of EDF funds but not yet reported. Following these cut-off calculations, estimated eligible amounts are recorded as accrued charges, while the estimated non-eligible parts remain open in the “eligibility to be checked” accounts. These amounts are shown under current liabilities so as not to overestimate assets and liabilities.
3.6   Recovering undue payments

The eligibility of expenditure charged to the EDF is verified on the basis of the supporting documents stipulated in the applicable rules or in the conditions of each grant. With the aim of optimising the relationship between the costs and the benefits of control systems, checks on the supporting documents for final claims tend to be more detailed than those on interim claims, and thus may detect errors in interim payments which are corrected by adjustment of the final payment. Furthermore, the Commission has the right to verify the probity of the supporting documents by making checks on the claimant's premises, during the implementation of the action financed and/or afterwards (ex-post). Errors found during the implementation period may be corrected by adjustment of subsequent claims. Errors found ex-post will be the subject of a recovery order.
4.   YEAR-END REPORTING
4.1   Annual accounts

It is the Accounting Officer's responsibility to prepare the annual accounts and ensure that they present a true and fair view of the financial position of the EDF.
The annual accounts are presented as follows:






Part I:


Funds managed by the European Commission






—


Financial statements of the 8th, 9th and 10th European Development Funds










—


Report on financial implementation of the 8th, 9th and 10th European Development Funds














Part II:


Funds managed by the European Investment Bank






—


Financial statements of the Investment Facility








The financial statements of the Investment Facility are included as a separate part of the annual accounts so as to provide a full picture of the development aid of the EDF.
Following audit by the Court of Auditors, the annual accounts are adopted by the Commission by 31 July of the subsequent year and presented to the Council and Parliament for discharge.
4.2   Annual Activity Report

The Authorising Officer is required to prepare an Annual Activity Report (AAR) on the activities under his/her responsibility. In this AAR, the Authorising Officer reports on policy results and on the reasonable assurance he may have that the resources assigned to the activities described in his report have been used for their intended purpose and in accordance with the principles of sound financial management, and that the control procedures put in place give the necessary guarantees concerning the legality and regularity of the underlying transactions.
5.   AUDIT AND DISCHARGE
5.1   Audit

The EDF annual accounts and resource management are overseen by its external auditor, the European Court of Auditors, which draws up an annual report for the Council and the European Parliament. The Court's main task is to conduct an external, independent audit of the EDF annual accounts. As part of its activities, the Court of Auditors produces:






(1)


an annual report, detailing its observations on the annual accounts and underlying transactions;










(2)


an opinion, based on its audits and given in the annual report in the form of a statement of assurance, on (i) the reliability of the accounts and (ii) the legality and regularity of the underlying transactions;










(3)


special reports giving the findings of audits covering specific areas of management.




The Court of Auditors is entitled to access all documents required during the course of its audit. The Court audits all areas of EDF activities, right down to examining the legality and regularity of individual transactions and payments. It also audits the annual accounts themselves, reviewing individual balance sheet and economic outturn account items, as well as the overall presentation of the financial statements. Thus the Court can offer its opinion not only on the figures presented, but also on the system and controls in place.
5.2   Discharge

The final control is the discharge of the financial implementation of the EDF resources for a given financial year. The European Parliament is the discharge authority of the EDF. This means that following the audit and finalisation of the annual accounts it falls to the Council to recommend and then to the Parliament to decide whether to grant discharge to the Commission for the financial implementation of the EDF resources for the preceding financial year. This decision is based on a review of the accounts and the annual report of the Court of Auditors (which includes an official statement of assurance) and replies of the Commission, and also following questions and further information requests to the Commission.
The discharge represents the political aspect of the external control of financial implementation and is the decision by which the European Parliament, acting on a Council recommendation, "releases" the Commission from its responsibility for management of the financial implementation of a given financial year. This discharge procedure may produce one of two outcomes: the granting or postponement of the discharge. When granting discharge the Parliament may highlight observations it considers important, often recommending actions that the Commission should take concerning these matters. The Commission sets out the measures taken in a follow-up report and an action plan which it sends to both the Parliament and the Council.
PART I

EDF ANNUAL ACCOUNTS: FUNDS MANAGED BY THE EUROPEAN COMMISSION
 (2)

1.   FINANCIAL STATEMENTS OF THE 8TH, 9TH AND 10TH EUROPEAN DEVELOPMENT FUNDS
1.1   8TH, 9TH AND 10TH EDFs: AGGREGATED BALANCE SHEET, ECONOMIC OUTTURN ACCOUNT, CASH FLOW STATEMENT AND STATEMENT OF CHANGES IN NET ASSETS


AGGREGATED BALANCE SHEET


of the 8th, 9th and 10th EDFs









(EUR millions)




 


Note


31.12.2011


31.12.2010





NON-CURRENT ASSETS





Long-term pre-financing



2.1



380


353





CURRENT ASSETS





Short-term pre-financing



2.2



1 175


1 096




Short-term receivables



2.3



111


247




Cash and cash equivalents



2.5



1 224


808




Total assets


 


2 891


2 503





CURRENT LIABILITIES





Short-term payables



2.6



(1 033)


(1 045)




Total liabilities


 


(1 033)


(1 045)





Net assets



 



1 858




1 458






FUNDS & RESERVES





Called fund capital



2.7



26 979


23 879




Other reserves



2.8



2 252


2 252




Economic outturn carried forward from previous years


 


(24 674)


(21 909)




Economic outturn of the year


 


(2 700)


(2 765)





Net assets



 



1 858




1 458









AGGREGATED ECONOMIC OUTTURN ACCOUNT


of the 8th, 9th and 10th EDFs









(EUR millions)




 


Note


2011


2010





OPERATING REVENUE




3.1




99




140






OPERATING EXPENSES





Operating expenses



3.2



(2 702)


(2 914)




Administrative expenses



3.3



(75)


(86)





Surplus (deficit) from operating activities



 



(2 679)




(2 860)





Financial revenue



3.4



(20)


95





Surplus (deficit) from financial activities



 



(21)




95






Economic outturn of the year



 



(2 700)




(2 765)









AGGREGATED CASH FLOW STATEMENT


of the 8th, 9th and 10th EDFs









(EUR millions)




 


Note


2011


2010




Economic outturn of the year


 


(2 700)


(2 765)





OPERATING ACTIVITIES




4.2



 


 




Ordinary contributions from Member States


 


3 238


3 420




Co-financing contributions from Member States


 


7


65




(Reversal of) impairment losses on receivables


 


6


2




(Increase)/decrease in long-term pre-financing


 


(28)


(157)




(Increase)/decrease in short-term pre-financing


 


(79)


(296)




(Increase)/decrease in short-term receivables


 


14


(62)




Increase/(decrease) in short-term payables


 


(42)


78





Net cash flow



 



417




285






Net increase/(decrease) in cash and cash equivalents



 



417




285





Cash and cash equivalents at the beginning of the year



2.5



808


523




Cash and cash equivalents at the end of the year



2.5



1 224


808








AGGREGATED STATEMENT OF CHANGES IN NET ASSETS


of the 8th, 9th and 10th EDFs












(EUR millions)




 


Fund Capital


Uncalled funds


Called fund capital


Cumulative reserves


Other reserves


Total Net Assets




(a)


(b)


(c) = (a) – (b)


(d)


(e)


(c) + (d) + (e)





Balance as at 31 December 2009




45 761




25 381




20 381




(21 909)




2 252




724





Capital increase – ordinary contributions


—


(3 500)


3 500


—


—


3 500




Reclassification of co-financing contributions (3)



(70)


(69)


(2)


—


—


(2)




Economic outturn of the year


—


—


—


(2 765)


—


(2 765)





Balance as at 31 December 2010




45 691




21 812




23 879




(24 674)




2 252




1 458





Capital increase – ordinary contributions


—


(3 100)


3 100


—


—


3 100




Economic outturn of the year


—


—


—


(2 700)


—


(2 700)





Balance as at 31 December 2011




45 691




18 712




26 979




(27 374)




2 252




1 858





1.2   8TH EDF: BALANCE SHEET, ECONOMIC OUTTURN ACCOUNT AND STATEMENT OF CHANGES IN NET ASSETS


BALANCE SHEET


of the 8th EDF









(EUR millions)




 


Note


31.12.2011


31.12.2010





CURRENT ASSETS





Short-term pre-financing



2.2



70


100




Short-term receivables



2.3



4


9




Liaison accounts



2.4



387


497




Total assets


 


461


605





CURRENT LIABILITIES





Short-term payables



2.6



(29)


(45)




Total liabilities


 


(29)


(45)





Net assets



 



432




560






FUNDS & RESERVES





Called fund capital



2.7



12 840


12 840




Other reserves



2.8



(2 276)


(2 237)




Economic outturn carried forward from previous years


 


(10 042)


(9 985)




Economic outturn of the year


 


(90)


(58)





Net assets



 



432




560









ECONOMIC OUTTURN ACCOUNT


of the 8th EDF









(EUR millions)




 


Note


2011


2010





OPERATING REVENUE




3.1




40




54






OPERATING EXPENSES




3.2



(128)


(116)





Surplus (deficit) from operating activities



 



(88)




(61)





Financial revenue



3.4



(1)


4





Surplus (deficit) from financial activities



 



(2)




4






Economic outturn of the year



 



(90)




(58)









STATEMENT OF CHANGES IN NET ASSETS


of the 8th EDF












(EUR millions)




 


Fund Capital


Uncalled funds


Called fund capital


Cumulative reserves


Other reserves


Total Net Assets




(a)


(b)


(c) = (a) – (b)


(d)


(e)


(c) + (d) + (e)





Balance as at 31 December 2009




12 840



—



12 840




(9 985)




(2 153)




703





Capital increase – ordinary contributions


—


—


—


—


—


—




Transfers to the 10th EDF


—


—


—


—


(85)


(85)




Economic outturn of the year


—


—


—


(58)


—


(58)





Balance as at 31 December 2010




12 840



—



12 840




(10 042)




(2 237)




560





Capital increase – ordinary contributions


—


—


—


—


—


—




Transfers to the 10th EDF


—


—


—


—


(38)


(38)




Economic outturn of the year


—


—


—


(90)


—


(90)





Balance as at 31 December 2011




12 840



—



12 840




(10 132)




(2 276)




432





1.3   9TH EDF: BALANCE SHEET, ECONOMIC OUTTURN ACCOUNT AND STATEMENT OF CHANGES IN NET ASSETS


BALANCE SHEET


of the 9th EDF









(EUR millions)




 


Note


31.12.2011


31.12.2010





NON-CURRENT ASSETS





Long-term pre-financing



2.1



191


158





CURRENT ASSETS





Short-term pre-financing



2.2



569


742




Short-term receivables



2.3



87


233




Liaison accounts



2.4



2 557


2 516




Cash and cash equivalents



2.5



6


7




Total assets


 


3 410


3 655





CURRENT LIABILITIES





Short-term payables



2.6



(315)


(392)




Total liabilities


 


(315)


(392)





Net assets



 



3 096




3 263






FUNDS & RESERVES





Called fund capital



2.7



11 699


11 039




Other reserves



2.8



4 227


4 157




Economic outturn carried forward from previous years


 


(11 932)


(10 854)




Economic outturn of the year


 


(898)


(1 078)





Net assets



 



3 096




3 263









ECONOMIC OUTTURN ACCOUNT


of the 9th EDF









(EUR millions)




 


Note


2011


2010





OPERATING REVENUE




3.1




49




82






OPERATING EXPENSES





Operating expenses



3.2



(924)


(1 230)




Administrative expenses



3.3



(3)


(6)





Surplus (deficit) from operating activities



 



(879)




(1 155)





Financial revenue



3.4



(19)


77





Surplus (deficit) from financial activities



 



(19)




77






Economic outturn of the year



 



(898)




(1 078)









STATEMENT OF CHANGES IN NET ASSETS


of the 9th EDF












(EUR millions)




 


Fund Capital


Uncalled funds


Called fund capital


Cumulative reserves


Other reserves


Total Net Assets




(a)


(b)


(c) = (a) – (b)


(d)


(e)


(c) + (d) + (e)





Balance as at 31 December 2009




11 699




4 160




7 539




(10 854)




4 308




993





Capital increase – ordinary contributions


—


(3 500)


3 500


—


—


3 500




Transfers to the 10th EDF


—


—


—


—


(151)


(151)




Economic outturn of the year


—


—


—


(1 078)


—


(1 078)





Balance as at 31 December 2010




11 699




660




11 039




(11 932)




4 157




3 263





Capital increase – ordinary contributions


—


(660)


660


—


—


660




Transfers to and from the 10th EDF


—


—


—


—


70


70




Economic outturn of the year


—


—


—


(898)


—


(898)





Balance as at 31 December 2011




11 699




0




11 699




(12 830)




4 227




3 096





1.4   10TH EDF: BALANCE SHEET, ECONOMIC OUTTURN ACCOUNT AND STATEMENT OF CHANGES IN NET ASSETS


BALANCE SHEET


of the 10th EDF









(EUR millions)




 


Note


31.12.2011


31.12.2010





NON-CURRENT ASSETS





Long-term pre-financing



2.1



189


195





CURRENT ASSETS





Short-term pre-financing



2.2



536


255




Short-term receivables



2.3



20


5




Cash and cash equivalents



2.5



1 218


801




Total assets


 


1 963


1 255





CURRENT LIABILITIES





Short-term payables



2.6



(689)


(608)




Liaison accounts



2.4



(2 944)


(3 013)




Total liabilities


 


(3 633)


(3 621)





Net assets



 



(1 670)




(2 366)






FUNDS & RESERVES





Called fund capital



2.7



2 440


—




Other reserves



2.8



301


333




Economic outturn carried forward from previous years


 


(2 699)


(1 070)




Economic outturn of the year


 


(1 712)


(1 629)





Net assets
 (4)



 



(1 670)




(2 366)









ECONOMIC OUTTURN ACCOUNT


of the 10th EDF









(EUR millions)




 


Note


2011


2010





OPERATING REVENUE




3.1




10




4






OPERATING EXPENSES





Operating expenses



3.2



(1 650)


(1 567)




Administrative expenses



3.3



(72)


(80)





Surplus (deficit) from operating activities



 



(1 712)




(1 643)





Financial revenue



3.4



0


14





Surplus (deficit) from financial activities



 



(1)




14






Economic outturn of the year



 



(1 712)




(1 629)









STATEMENT OF CHANGES IN NET ASSETS


of the 10th EDF












(EUR millions)




 


Fund Capital


Uncalled funds


Called fund capital


Cumulative reserves


Other reserves


Total Net Assets




(a)


(b)


(c) = (a) – (b)


(d)


(e)


(c) + (d) + (e)





Balance as at 31 December 2009




21 222




21 221




2




(1 070)




97




(971)





Capital increase – ordinary contributions


—


—


—


—


—


—




Reclassification of co-financing contributions (5)



(70)


(69)


(2)


—


—


(2)




Transfers from the 8th and the 9th EDF


—


—


—


—


236


236




Economic outturn of the year


—


—


—


(1 629)


—


(1 629)





Balance as at 31 December 2010




21 152




21 152



—



(2 699)




333




(2 366)





Capital increase – ordinary contributions


—


(2 440)


2 440


—


—


2 440




Transfers from/to the 8th and the 9th EDF


—


—


—


—


(32)


(32)




Economic outturn of the year


—


—


—


(1 712)


—


(1 712)





Balance as at 31 December 2011




21 152




18 712




2 440




(4 411)




301




(1 670)





1.5   NOTES TO THE FINANCIAL STATEMENTS OF THE 8TH, 9TH AND 10TH EDFs

1.   SIGNIFICANT ACCOUNTING POLICIES
1.1.   
LEGAL PROVISIONS AND THE FINANCIAL REGULATION


The financial statements are drawn up in accordance with the Financial Regulation applicable to the 10th EDF. In accordance with the provisions of Article 121 of this regulation, the financial statements are prepared respecting the principles of accrual based accounting.
These financial statements have been drafted in conformity with the accounting rules and methods of the EDF, themselves drawn up on the basis of International Public Sector Accounting Standards (IPSAS) or by default, International Financial Reporting Standards (IFRS) as respectively issued by the International Public Sector Accounting Standard Board (IPSASB) and the International Accounting Standard Board (IASB). The rules on valuation and accounting methods adopted by the Accounting Officer of the EDF have been applied in respect of the part of the EDF resources for which the European Commission is responsible for financial management.
The EDF Accounting Officer must submit the provisional accounts to the Court of Auditors for audit by 31 March of the following year. The Court of Auditors shall in turn make its observations on the accounts known to the Commission by 15 June (Article 125). On the basis of these observations, the Commission approves the final accounts by 31 July and sends them to the European Parliament, the Council and the Court of Auditors. The accounts are then published in the Official Journal by 15 November, together with the statement of assurance given by the Court of Auditors in respect of the part of the EDF resources for which the Commission is responsible for the financial management.
1.2.   
ACCOUNTING PRINCIPLES


The objective of the financial statements is to provide information about the financial position, performance and cash flows of an entity that is useful to a wide range of users. For a public sector entity such as the EDF, the objectives are more specifically to provide information useful for decision making, and to demonstrate the accountability of the entity for the resources entrusted to it.
If they are to present a true and fair view, financial statements must not only supply relevant information to describe the nature and range of an organisation’s activities, explain how it is financed and supply definitive information on its operations, but do so in a clear and comprehensible manner which allows comparisons between financial years. It is with these goals in mind that the present document has been drawn up.
The accounting system of the EDF comprises general accounts and budget accounts. The budget accounts give a detailed picture of the implementation of the budget. They are based on the cash accounting principle. The general accounts allow for the preparation of the financial statements as they show all expenses and income for the financial year based on accrual accounting rules and are designed to establish the financial position in the form of a balance sheet at 31 December.
Article 120 of the 10th EDF Financial Regulation sets out the accounting principles to be applied in drawing up the financial statements:






—


going concern basis;










—


prudence;










—


consistent accounting methods;










—


comparability of information;










—


materiality;










—


no netting;










—


reality over appearance;










—


accrual-based accounting.




1.3.   
BASIS OF PREPARATION


1.3.1.   
Functional and reporting currency


The financial statements are presented in millions of euros, the euro being the functional and reporting currency of the EDF.
1.3.2.   
Currency and basis for conversion


Foreign currency transactions are translated into euros using the exchange rates prevailing on the dates of the transactions. Foreign exchange gains and losses resulting from the settlement of foreign currency transactions and from the translation at year-end exchange rates of monetary assets and liabilities denominated in foreign currencies are recognised in the economic outturn account.
Year-end balances of monetary assets and liabilities denominated in foreign currencies are converted into euros on the basis of the below exchange rates applying on 31 December:







Currency


31.12.2011


31.12.2010




BGN


1,9558


1,9558




CZK


25,7870


25,0610




DKK


7,4342


7,4535




EEK


N/A


15,6466




GBP


0,8353


0,8607




HUF


314,5800


277,9500




LVL


0,6995


0,7094




LTL


3,4528


3,4528




PLN


4,4580


3,9750




RON


4,3233


4,2620




SEK


8,9120


8,9655




CHF


1,2156


1,2504




JPY


100,2000


108,6500




USD


1,2939


1,3362




1.3.3.   
Use of estimates


In accordance with IPSAS and generally accepted accounting principles, the financial statements necessarily include amounts based on estimates and assumptions by management based on the most reliable information available. Significant estimates include, but are not limited to, amounts for provisions, impairment losses on accounts receivable and accrued charges. Actual results could differ from those estimates. Changes in estimates are reflected in the period in which they become known.
1.4.   
BALANCE SHEET


1.4.1   
Pre-financing amounts


Pre-financing is a payment intended to provide the beneficiary with a cash advance, i.e. a float. It may be split into a number of payments over a period defined in the particular pre-financing agreement. The float or advance is repaid or used for the purpose for which it was provided during the period defined in the agreement. If the beneficiary does not incur eligible expenditures, he/she has to return the pre-financing advance to the EDF. The amount of the pre-financing is reduced (wholly or partially) by the acceptance of eligible costs and amounts returned.
At year-end, outstanding pre-financing amounts are valued at the original amount(s) paid less: amounts returned, eligible amounts cleared, estimated eligible amounts not yet cleared at year-end and value reductions.
Interest on pre-financing is recognised as it is earned in accordance with the provisions of the relevant agreement. An estimate of the accrued interest revenue, based on the most reliable information, is made at year-end.
1.4.2   
Receivables


Receivables are carried at original amount less write-down for impairment. A write-down for impairment of receivables is established when there is objective evidence that the full amount due cannot be collected according to the original terms of the receivable. The amount of the write-down is the difference between the asset’s carrying amount and the recoverable amount, being the present value of expected future cash flows, discounted at the market rate of interest for similar borrowers. Also recognised is a general write-down for outstanding recovery orders not already subject to a specific write-down. This general write-down is based on the historical loss rates. The amount of the write-down is recognised in the economic outturn account.
1.4.3   
Cash and cash equivalents


Cash and cash equivalents are financial instruments and are defined as short-term assets. They include cash at hand, deposits held at call with banks and other short-term highly liquid investments with original maturities of three months or less.
1.4.4   
Payables


A significant amount of the payables of the EDF are not related to the purchase of goods or services – instead they are unpaid cost claims from beneficiaries of grants or other funding. They are recorded as payables for the requested amount when the cost claim is received and, after verification, accepted as eligible by the relevant financial agents. At this stage they are valued at the accepted and eligible amount.
Payables arising from the purchase of goods and services are recognised at invoice reception for the original amount and corresponding expenses are entered in the accounts when the supplies or services are delivered and accepted.
1.4.5   
Provisions


Provisions are recognised when the EDF has a present legal or constructive obligation towards third parties as a result of past events; it is more likely than not that an outflow of resources will be required to settle the obligation, and the amount can be reliably estimated. The amount of the provision is the best estimate of the expenditures expected to be required to settle the present obligation at the reporting date.
1.4.6   
Accrued and deferred income and charges


A critical element in accrual accounting is the exercise of ensuring that transactions are recorded in the accounting year to which they relate. This exercise is referred to as the cut-off exercise. In particular, an assessment has to be made concerning eligible expenses incurred by beneficiaries of EDF funds but not yet reported to the EDF (accrued charges). Conversely, some payments made in the current year relate to subsequent periods (deferred charges) and these have to be identified and included in the subsequent period(s).
According to the EDF accounting rules, transactions and events are recognised in the financial statements in the period to which they relate. At the end of the accounting period, accrued expenses are recognised based on an estimated amount of the transfer obligation of the period. The calculation of the accrued expenses is made in accordance with detailed operational and practical guidelines issued by the Commission which aim at ensuring that the financial statements reflect a true and fair view.
Revenue is also accounted for in the period to which it relates. At year-end, if an invoice is not yet issued but the service has been rendered, the supplies have been delivered by the EDF or a contractual agreement exists (i.e. by reference to a treaty), an accrued income will be recognised in the financial statements.
In addition, at year-end, if an invoice is issued but the services have not yet been rendered or the goods supplied have not yet been delivered, the revenue will be deferred and recognised in the subsequent accounting period.
1.5.   
ECONOMIC OUTTURN ACCOUNT


1.5.1   
Revenue


There is no revenue budgeted for the European Development Fund. The ordinary contributions from Member States are treated as fund capital. Revenue comprises recovery of expenses and interest income.

Recovery of expenses

For operations giving rise to reimbursement of expenditures previously paid by the EDF to a final beneficiary or third country, recovery orders and deductions from subsequent payments are established and accounted for as follows:






—


Recovery of expenses: the recovery order issued results in a receivable with the corresponding entry being income in the economic outturn account for that year; or,










—


Recovery of pre-financing amounts: in this case the amount is included under the pre-financing heading on the balance sheet.





Interest income

Interest income is recognised in the economic outturn account using the effective interest method. The interest income comprises interest received or receivable on cash balances and demandable deposits held with commercial banks and on late payment of entitlements to the EDF. Interest income is recognised as it accrues.
1.5.2   
Expenditure


Exchange expenses arising from the purchase of goods and services are recognised when the supplies are delivered and accepted. They are valued at original invoice cost.
Non-exchange expenses account for the majority of the EDF's expenditure. They relate to transfers to beneficiaries and can be of three types: entitlements, transfers under agreement and discretionary grants, or contributions and donations.
Transfers are recognised as expenses in the period during which the events giving rise to the transfer occurred, as long as the nature of the transfer is allowed by regulation (Financial Regulation or other) or a contract has been signed authorising the transfer; any eligibility criteria have been met by the beneficiary; and a reasonable estimate of the amount can be made.
When any request for payment or cost claim is received and meets the recognition criteria, it is recognised as an expense for the eligible amount. At year-end, incurred eligible expenses already due to the beneficiaries but not yet reported are estimated and recorded as accrued expenses.

Interest expense

Interest expense is recognised in the economic outturn account using the effective interest method. The interest expense comprises interest paid or payable and is recognised as it accrues.
1.6.   
CONTINGENT ASSETS AND LIABILITIES


1.6.1   
Contingent assets


A contingent asset is a possible asset that arises from past events and whose existence will be confirmed only by the occurrence or non-occurrence of one or more uncertain future events not wholly within the control of the EDF. A contingent asset is disclosed when an inflow of economic benefits or service potential is probable.
Contingent assets are assessed at each balance sheet date to ensure that developments are appropriately reflected in the financial statements. If it has become virtually certain that an inflow of economic benefits or service potential will arise and the asset’s value can be measured reliably, the asset and the related revenue are recognised in the financial statements of the period in which the change occurs.
Guarantees are possible assets that arise from past events and whose existence will be confirmed by the occurrence or non-occurrence of the object of the guarantee. Guarantees can thus qualify as contingent assets. A guarantee is settled when the object of the guarantee no longer exists. It is crystallised when the conditions are fulfilled for calling for a payment from the guarantor.
1.6.2   
Contingent liabilities


A contingent liability is a possible obligation that arises from past events and whose existence will be confirmed only by the occurrence or non-occurrence of one or more uncertain future events not wholly within the control of the EDF; or a present obligation that arises from past events but is not recognised because: it is not probable that an outflow of resources embodying economic benefits or service potential will be required to settle the obligation or, in the rare circumstances where the amount of the obligation cannot be measured with sufficient reliability. A contingent liability is disclosed unless the possibility of an outflow of resources embodying economic benefits or service potential is remote.
Contingent liabilities are assessed at each balance sheet date to determine whether an outflow of resources embodying economic benefits or service potential has become probable. If it becomes probable that an outflow of resources embodying economic benefits or service potential will be required for an item dealt with as contingent liability, a provision is recognised in the financial statements of the period in which the change of probability occurs.
2.   NOTES TO THE BALANCE SHEET

NON CURRENT ASSETS

2.1   
LONG-TERM PRE-FINANCING












(EUR millions)




 


8th EDF


9th EDF


10th EDF


Total 31.12.2011


Total 31.12.2010




Long-term pre-financing


—


191


189


380


353




Total


—


191


189


380


353




Many contracts provide for payments of advances before the commencement of works, deliveries of supplies or the provision of services. Sometimes the payment schedules of contracts foresee payments on the basis of progress reports. Pre-financing is normally paid in the currency of the country or territory where the project is executed.
Pre-financing is presented net of open recovery orders related to advances and estimated amounts not yet cleared at year-end. The timing of the recoverability or utilisation of the pre-financing governs whether it is disclosed as a short-term or a long-term pre-financing asset. The utilisation is defined by the project's underlying agreement. Any repayments or utilisation due within twelve months of the reporting date is disclosed as short-term pre-financing and therefore as current assets. As many of the EDF projects are long-term in nature, it is necessary that the related advances are available for more than one year. Thus these pre-financing amounts are shown as long-term assets.
The increase in long-term pre-financing of EUR 28 million compared to 31.12.2010 is mainly explained by an increase in long-term pre-financing related to Intra ACP Projects (EUR 49 million) and to Administrative Expenditure (EUR 14 million), offset by a decrease in the long-term pre-financing related to Sectoral Policy (EUR 17 million) and to Programmable Aid (EUR 15 million).

CURRENT ASSETS

2.2   
SHORT-TERM PRE-FINANCING












(EUR millions)




 


8th EDF


9th EDF


10th EDF


Total 31.12.2011


Total 31.12.2010




Short-term pre-financing (gross)


148


1 659


1 608


3 415


3 115




Less estimated clearing of pre-financing


(78)


(1 090)


(1 072)


(2 240)


(2 019)




Total


70


569


536


1 175


1 096




The increase in net short-term pre-financing of EUR 79 million is mainly due to an increase in net short-term pre-financing related to Administrative Expenditure (EUR 77 million), Programmable Aid (EUR 29 million), Institutional support (EUR 44 million) and Sectoral Policy (EUR 25 million). This increase was offset by a decrease in Intra ACP Projects (EUR 68 million), Other aid programmes related to former EDFs (EUR 20 million), and Emergency aid (EUR 7 million).
2.2.1   
Guarantees received in respect of pre-financing


Guarantees are held to secure pre-financing and released when the final claim under a project is paid. A guarantee has two different values referred to as the “nominal” and the “on-going” values. For the “nominal” value, the generating event is linked to the existence of the guarantee. For the “on-going” value, the guarantee’s generating event is the pre-financing payment and/or subsequent clearings.
At 31 December 2011 the "nominal" value of guarantees received by the EDF in respect of pre-financing amounts to EUR 637 million. The "on-going" value of those guarantees amounts to EUR 394 million. At 31 December 2010 these values were EUR 674 million and EUR 363 million respectively.
2.3   
SHORT-TERM RECEIVABLES












(EUR millions)




 


8th EDF


9th EDF


10th EDF


Total 31.12.2011


Total 31.12.2010




Receivables from customers


2


10


1


13


10




Receivables from Member States


—


—


9


9


125




Accrued income and deferred charges


2


77


10


89


112




Total


4


87


20


111


247




2.3.1   
Receivables from customers












(EUR millions)




 


8th EDF


9th EDF


10th EDF


Total 31.12.2011


Total 31.12.2010




Receivables from customers


6


18


2


27


18










—


Impairment of receivables from customers






(4)


(8)


(1)


(13)


(8)




Total


2


10


1


13


10




These are recovery orders entered in the accounts at 31 December 2011 as established entitlements to be recovered and not already included under other headings on the assets side of the balance sheet. The closing balance for recovery orders represents the value of recovery orders issued but not yet paid at year-end.
A provision is estimated for impairment losses for the amounts owed by beneficiaries that are unlikely to be recovered. This provision has two elements:






—


Specific cases: Based on the risk of non recovery.










—


General: Applying a provision based on historical loss rates to receivables which are not subject to a specific write-down.




The fact that such an adjustment is made does not mean that the future recovery of these amounts is waived.
The movements in open recovery orders during the period are detailed below.










(EUR millions)




 


8th EDF


9th EDF


10th EDF


Total 2011


Total 2010





Open recovery orders at beginning of year




7




11




0




18




20





Recovery orders issued


11


63


55


130


164




Recovery orders closed


(12)


(56)


(55)


(123)


(166)





Cashed




(9)




(46)




(53)




(108)




(143)






Waived (art 73 FR)




0




(1)




0




(1)




(1)






Cancelled




(1)




(1)




0




(2)




(5)






Offset




(3)




(8)




(1)




(13)




(17)






Open recovery orders at end of year




6




19




1




25




18





2.3.2   
Receivables from Member States


The EUR 9 million receivable from Member States in the 10th EDF comprises contributions receivable due from Hungary and Portugal which were received in January and February 2012 respectively and a cofinancing contribution from Denmark not yet due.
2.3.3   
Accrued income and deferred charges


Accrued income and deferred charges mainly include accrued interest on pre-financing amounts. Furthermore, accrued interest income on late payment of contributions is included under this heading.
The decrease in accrued income and deferred charges of EUR 23 million is explained by lower accrued interest on pre-financing (EUR 23 million) (see note 3.4.2).
2.4   
LIAISON ACCOUNTS












(EUR millions)




 


8th EDF


9th EDF


10th EDF


Total 31.12.2011


Total 31.12.2010




to/from 6th EDF


(2 065)


(214)


—


(2 279)


(2 279)




to/from 7th EDF


—


2 279


—


2 279


2 279




to/from 8th EDF


—


(3 037)


584


(2 453)


(2 563)




to/from 9th EDF


3 037


—


(3 529)


(491)


(450)




to/from 10th EDF


(584)


3 529


—


2 944


3 013




Total


387


2 557


(2 944)


0


0




For reasons of efficiency, the single treasury covering all the EDFs is allocated to the 10th EDF; this leads to operations between the various EDFs, which are balanced out in the liaison accounts between the various EDF balance sheets.
The major 2011 movements in the liaison accounts include payments made by the 10th EDF for implementation of the 8th and 9th EDFs and cash received by the 10th EDF related to contributions called under the 9th EDF.
2.5   
CASH AND CASH EQUIVALENTS

 (6)











(EUR millions)




 


8th EDF


9th EDF


10th EDF


Total 31.12.2011


Total 31.12.2010




Cash at banks


—


—


1 211


1 211


781




STABEX security accounts


—


—


5


5


17




Co-financing bank accounts


—


6


2


8


10




Democratic Republic Congo special fund (7)



—


—


1


1


0




Total


—


6


1 218


1 224


808




2.5.1   
Cash at banks












(EUR millions)




 


8th EDF


9th EDF


10th EDF


Total 31.12.2011


Total 31.12.2010




Special accounts - financial institutions of Member States


—


—


1 129


1 129


599




Current accounts – commercial banks


—


—


80


80


180




Local Paying Agents


—


—


2


2


1




Total


—


—


1 211


1 211


781




The overall increase in cash at banks is mainly explained by a lower budget execution in 2011 than planned.
Local paying agent accounts represent amounts held in bank accounts within ACP States and OCTs used for making payments in local currency within the beneficiary state. These accounts are kept in euros or in a currency of a Union Member State. In order to achieve a more centralised management of payments, during 2011, 2 out of the 8 remaining local paying agent accounts were closed.
2.5.2   
STABEX Security accounts









(EUR millions)




 


Balance at 31.12.2011


Balance at 31.12.2010




Saint Lucia


0


7




St Vincent and the Grenadines


0


4




Ivory Coast


2


2




Malawi


1


1




Other countries


2


3




Total


5


17




STABEX is the acronym for a European Union compensatory finance scheme to stabilise export earnings of the ACP countries. It was first introduced in the Lomé Convention (1975) with the purpose of remedying the harmful effects of the instability of export revenue from agricultural products. The balance on the STABEX security accounts represents the total of STABEX funds available which will be transferred to the relevant beneficiary ACP State at a future date. This balance is allocated to the 10th EDF. In 2011, two STABEX security accounts were closed following the winding up of the STABEX aid instrument.
In addition to these funds, there are other STABEX funds held by beneficiary ACP States. Once the Commission and the beneficiary (ACP) State reach agreement on how the STABEX funds are to be utilised, a transfer convention is signed by both parties. In accordance with the provisions of Article 211 of the Lomé IV Agreement (8) (as revised), the funds are transferred into an interest bearing double signature account (European Commission and Beneficiary State) opened in the name of the ACP State. The funds remain in these double signature accounts until a FMO (Framework of Mutual Obligations) justifies a transfer for a project.
The Commission's Authorising Officer retains the power of signature over the account in order to ensure that the funds are disbursed as intended. The funds in the double signature accounts are the property of the ACP State and are consequently not recorded as assets in the EDF accounts. The transfers to these accounts are recorded as STABEX payments.
In 2011, EUR 26 million was returned to the EDF from double signature accounts in ACP countries following Article 1.4 of the Internal Agreement of the 10th EDF (9). These funds were transferred mainly from Saint Lucia (EUR 9 million), Kenya (EUR 7 million) and Togo (EUR 4 million). These revenues are included in operating income (STABEX aid instrument) in the economic outturn account of the 8th EDF.
2.5.3   
Co-financing bank accounts












(EUR millions)




 


8th EDF


9th EDF


10th EDF


Total 31.12.2011


Total 31.12.2010




Co-financing bank accounts


—


6


2


8


10




Total


—


6


2


8


10




These bank accounts include amounts related to co-financing agreements dated 2007 and earlier. These co-financing funds are the property of the Member States concerned and hence a corresponding amount is registered as payable. Therefore, the effect on the net assets is nil.
The Italian co-financing under the 9th EDF is still ongoing in Somalia.
The co-financing bank accounts of the 10th EDF relate to old co-financing projects in the process of closure. These funds will be returned to the Member States after instruction from the Authorising Officer.

CURRENT LIABILITIES

2.6   
SHORT-TERM PAYABLES












(EUR millions)




 


8th EDF


9th EDF


10th EDF


Total 31.12.2011


Total 31.12.2010




Current payables


9


146


243


399


487




Accrued charges


20


168


151


339


286




Deferred capital contribution


—


—


295


295


272




Total


29


315


689


1 033


1 045




Short-term payables include cost statements received by the EDF under the framework of the grant and procurement activities. They are recorded for the amount being claimed from the moment the demand is received. The same procedure applies to invoices and credit notes received under procurement activities. The cost claims concerned have been taken into account for the year-end cut-off procedures. Following the cut-off entries, estimated eligible amounts have been recorded as accrued charges.
2.6.1   
Current payables












(EUR millions)




 


8th EDF


9th EDF


10th EDF


Total 31.12.2011


Total 31.12.2010




Suppliers and other


9


140


159


308


400




Payables to Member States – co-financing


—


6


75


81


75




Sundry payables


—


—


10


10


12




Total


9


146


243


399


487




2.6.1.1   Suppliers and other

Included under this heading are amounts owed to suppliers as well as amounts payable to public bodies and third states.
The decrease of EUR 92 million compared to the previous reporting period includes primarly a EUR 62 million decrease in payables to third states.
2.6.1.2   Payables to Member States co-financing

Co-financing contributions received are presented as payables to Member States as they fulfil the criteria of revenues from non-exchange transactions under condition. The EDF is required to use the contributions to deliver services to third parties or is otherwise required to return the assets (the contributions received) to the Member States. The outstanding payable for co-financing agreements represents the co-financing contribution received less the expenses incurred related to the project. The effect on the net assets is nil.
EUR 8 million of the co-financing payables to Member States relate to co-financing agreements dated 2007 and earlier. These funds are kept in dedicated bank accounts, see 2.5.3, co-financing bank accounts, above.
In 2011, new co-financing contributions of EUR 7 million were received (Belgium EUR 3 million, United Kingdom EUR 2 million, Sweden EUR 1 million and Switzerland EUR 1 million). The funds relating to co-financing agreements signed in 2008 and later are not kept in dedicated bank accounts.
The co-financing payables were decreased by EUR 2 million to recognise revenue related to the co-financing projects (see 3.1.4 and 3.2.2).
2.6.1.3   Sundry payables

Sundry payables mainly comprise unallocated cash receipts and returned amounts.
2.6.2   
Accrued charges












(EUR millions)




 


8th EDF


9th EDF


10th EDF


Total 31.12.2011


Total 31.12.2010




Accrued charges


20


168


151


339


286




Total


20


168


151


339


286




At year-end, an assessment is made concerning eligible expenses incurred by beneficiaries of EDF funds but not yet reported. Following these cut-off calculations, estimated eligible amounts are recorded as accrued charges. Estimated utilisation of pre-financing amount is presented as an estimated clearing of pre-financing (see 2.2).
2.6.3   
Deferred fund capital contribution












(EUR millions)




 


8th EDF


9th EDF


10th EDF


Total 31.12.2011


Total 31.12.2010




United Kingdom


—


—


289


289


269




Ireland


—


—


5


5


3




Lithuania


—


—


1


1


—




Total


—


—


295


295


272




This comprises Member States' contributions paid in advance.

NET ASSETS

2.7   
CALLED FUND CAPITAL











(EUR millions)




 


8th EDF


9th EDF


10th EDF


Total




Fund Capital


12 840


11 699


21 152


45 691




Uncalled fund capital


—


(660)


(21 152)


(21 812)





Called fund capital 31.12.2010




12 840




11 039



—



23 879





Fund Capital


12 840


11 699


21 152


45 691




Uncalled fund capital


—


—


(18 712)


(18 712)





Called fund capital 31.12.2011




12 840




11 699




2 440




26 979





The fund capital represents the total amount of contributions from the Member States for the relevant EDF fund as laid down in each of the Internal Agreements.
Uncalled funds represent the initial allocation not yet called up from Member States.
Called fund capital represents the amount of the initial allocations which has been called up for transfer to the treasury accounts by the Member States in accordance with the procedure laid down in Article 16 of the 10th EDF Financial Regulation.
The capital of the 8th and the 9th EDF has been called up and received in its entirety.
The 10th EDF entered into force in 2008 with a fund capital amounting to EUR 21 152 million, according to the Internal Agreement applicable to the 10th EDF.


Fund capital











(EUR millions)




Contributions


%


uncalled 9th EDF 31.12.2010


called up in 2011


uncalled 9th EDF 31.12.2011




Austria


2,65


(19)


19


—




Belgium


3,92


(27)


27


—




Denmark


2,14


(15)


15


—




Finland


1,48


(10)


10


—




France


24,30


(170)


170


—




Germany


23,36


(164)


164


—




Greece


1,25


(9)


9


—




Ireland


0,62


(4)


4


—




Italy


12,54


(88)


88


—




Luxemburg


0,29


(2)


2


—




Netherlands


5,22


(37)


37


—




Portugal


0,97


(7)


7


—




Spain


5,84


(41)


41


—




Sweden


2,73


(19)


19


—




United Kingdom


12,69


(89)


89


—




EIB


N.A.


40


(40)


—




Total


100,00


(660)


660


—
















(EUR millions)




Contributions


%


uncalled 10th EDF 31.12.2010


called up in 2011


uncalled 10th EDF 31.12.2011




Austria


2,41


(510)


59


451




Belgium


3,53


(747)


86


661




Denmark


2,00


(423)


49


374




Finland


1,47


(311)


36


275




France


19,55


(4 135)


477


3 658




Germany


20,50


(4 336)


500


3 836




Greece


1,47


(311)


36


275




Ireland


0,91


(192)


22


170




Italy


12,86


(2 720)


314


2 406




Luxemburg


0,27


(57)


7


51




Netherlands


4,85


(1 026)


118


908




Portugal


1,15


(243)


28


215




Spain


7,85


(1 660)


192


1 469




Sweden


2,74


(580)


67


513




United Kingdom


14,82


(3 135)


362


2 773




Cyprus


0,09


(19)


2


17




Czech Republic


0,51


(108)


12


95




Estonia


0,05


(11)


1


9




Hungary


0,55


(116)


13


103




Lithuania


0,12


(25)


3


22




Latvia


0,07


(15)


2


13




Malta


0,03


(6)


1


6




Poland


1,3


(275)


32


243




Slovenia


0,18


(38)


4


34




Slovakia


0,21


(44)


5


39




Bulgaria


0,14


(30)


3


26




Romania


0,37


(78)


9


69




Total


100,00


(21 152)


2 440


18 712




In 2011, the final call under the 9th EDF was made and the first contributions under the 10th EDF, in which the 27 Member States participate, were called.
2.8   
OTHER RESERVES












(EUR millions)




 


8th EDF


9th EDF


10th EDF


Total 31.12.2011


Total 31.12.2010




to/from 6th EDF


94


490


—


584


584




to/from 7th EDF


533


1 135


—


1 668


1 668




to/from 8th EDF


—


2 762


141


2 903


2 864




to/from 9th EDF


(2 762)


—


161


(2 601)


(2 531)




to/from 10th EDF


(141)


(161)


—


(302)


(333)




Total


(2 276)


4 227


301


2 252


2 252




Since the entry into force of the 10th EDF in 2008, all decommitted funds of previous EDFs are transferred to the reserve of the 10th EDF. This reserve may be committed only under the conditions set out in Article 1.4 of the Internal Agreement on the 10th EDF.
In 2011, EUR 38 million and EUR 80 million of decommitted funds were transferred to the 10th EDF from the 8th and 9th EDFs respectively and EUR 150 million were transferred from performance reserve of the 10th EDF to the 9th EDF (10).
On 23 May 2011 a Council decision was taken (11) to allocate an amount of EUR 200 million to South Sudan from funds decommitted from projects under the 9th and previous EDF's. At year-end 2011 this amount is still allocated to the performance reserve of the 10th EDF but should be released from these reserves in 2012.
3.   NOTES TO THE ECONOMIC OUTTURN ACCOUNT
3.1   
OPERATING REVENUE












(EUR millions)




 


8th EDF


9th EDF


10th EDF


Total 2011


Total 2010




Recovery of expenses


3


11


2


16


29




Recovery of STABEX funds


26


—


—


26


32




Exchange gains


11


37


7


54


78




Operating income co-financing


—


—


2


2


1




Total


40


49


10


99


140




3.1.1   
Recovery of expenses


This heading represents the recovery orders issued by the EDF and the deduction from subsequent payments recorded in the EDF accounting system, to recover expenditures previously paid out, based on controls, audits or eligibility analysis. It should be noted that recovery of pre-financing amounts is not included as revenue, but credited to the pre-financing heading on the balance sheet.
3.1.1.1   Recovery of undue payments

In 2011, recovery orders for EUR 12 million were issued in respect of undue payments, compared to EUR 11 million in 2010. Of these, EUR 8 million related to the recovery of expenses and were thus recorded as operating revenue. EUR 4 million represented recoveries of pre-financing amounts paid and were credited to the pre-financing asset on the balance sheet.
The nature of the recovery of undue payments can be summarised as follows:











(EUR millions)




 


Revenue


Pre-financing


Total 2011


Revenue


Pre-financing


Total 2010




Error


2


1



3



1


1



2





Irregularity


6


3



8



5


3



8





OLAF Notified


1


—



1



1


—



1





Total


8


4


12


7


4


11




3.1.2   
Recovery of STABEX funds


In 2011, EUR 26 million was returned to the EDF from double signature accounts in ACP countries following Article 1.4 of the Internal Agreement of the 10th EDF (12). These funds were transferred mainly from Saint Lucia (EUR 9 million), Kenya (EUR 7 million) and Togo (EUR 4 million). These revenues are included in operating income (STABEX aid instrument) in the economic outturn account of the 8th EDF.
3.1.3   
Exchange gains


Exchange gains arise from the everyday activities and related transactions made in currencies other than the euro, as well as the year-end revaluation required to prepare the annual accounts. They contain both realised and unrealised gains.
3.1.4   
Operating income co-financing


The operating income relating to co-financing represents the contributions used (see 3.2.2). As these contributions fulfil the criteria of revenues from non-exchange transactions under condition, the contribution is recognised in accordance with the implementation of the co-financing project.
3.2   
OPERATING EXPENSES












(EUR millions)




 


8th EDF


9th EDF


10th EDF


Total 2011


Total 2010




Operating expenses – aid instruments


114


879


1 640


2 633


2 852




Operating expenses co-financing


—


—


2


2


1




Exchange losses


11


41


8


61


58




Impairment of receivables


3


4


—


7


3




Total


128


924


1 650


2 702


2 914




3.2.1   
Operating expenses – aid instruments












(EUR millions)




 


8th EDF


9th EDF


10th EDF


Total 2011


Total 2010




Programmable aid


58


56


1 136


1 251


1 127




Macro-economic support


—


51


—


51


35




Sectoral policy


0


372


0


371


765




Interest rate subsidies


0


—


—


0


 




Intra ACP projects


—


301


349


650


336




Emergency aid


—


63


149


212


442




Refugee aid


0


—


—


0


(1)




Risk capital


19


—


—


19


 




STABEX


12


—


—


12


46




Sysmin (13)



(8)


—


—


(8)


10




Other aid programmes related to former EDFs


—


24


—


24


(17)




Debt relief - Heavily Indebted Poor Countries and World Bank


—


—


—


—


14




Institutional support


—


2


6


8


44




Compensation export receipts


32


10


—


42


37




Democratic Republic Congo Fund


—


0


—


0


15




Total


114


879


1 640


2 633


2 852




The EDF operating expenditure covers the various aid instruments and takes different forms, depending on how the money is paid out and managed.
3.2.2   
Operating expenses co-financing


These are the expenses incurred on co-financing projects in 2011. As the co-financing contributions received fulfil the criteria of revenues from non-exchange transactions under condition, a corresponding amount of contributions has been recognised as operating revenue (see 3.1.4).
3.2.3   
Exchange losses


Exchange losses occur on the everyday activities and related transactions made in currencies other than the euro, as well as the year-end revaluation required to prepare the annual accounts – they are both realised and unrealised.
Looking at the net position, there was a net exchange loss of EUR 6 million for the year (exchange losses of EUR 61 million less exchange gains of EUR 54 million).
3.2.4   
Impairment of receivables


This heading includes mainly pre-financing corrections and amounts written down/lost on realisation concerning debtors.
3.3   
ADMINISTRATIVE EXPENSES












(EUR millions)




 


8th EDF


9th EDF


10th EDF


Total 2011


Total 2010




Administrative expenses


0


3


72


75


86




Total


0


3


72


75


86




This heading includes support expenditure; i.e. the administrative costs related to the programming and implementation of the EDFs. This includes expenses for preparation, follow-up, monitoring, and evaluation of projects as well as expenses for computer networks, Technical Assistance etc.
3.4   
FINANCIAL REVENUE












(EUR millions)




 


8th EDF


9th EDF


10th EDF


Total 2011


Total 2010




Interest income - European banks


—


0


1


1


1




Interest income – STABEX


0


—


—


0


0




Interest income on late payments of recovery orders


0


0


0


0


3




Interest on pre-financing


(1)


(19)


(1)


(21)


91




Total


(1)


(19)


0


(20)


95




The interest income in 2011 remains low due to the continued low interest rates.
3.4.1   
Interest income on late payments of recovery orders


This is interest earned on late payments of recovery orders by debtors, including late payments of contributions by Member States. Such funds can be used for financing projects in accordance with Articles 1 and 6 of the Internal Agreement applicable to the 10th EDF.
3.4.2   
Interest on pre-financing


Interest on pre-financing is recognised in the accounts in accordance with the provisions of article 7 paragraph 3 and article 8 of the 10th EDF Financial Regulation.
The accrued interest on pre-financing amounts for 2011 is lower than that of 2010 and in fact the reversal of the 2010 accrual resulted in negative interest revenue. This was caused by a reclassification during 2011 of several contracts which were previously labelled as grant contracts in 2010 to joint management contracts with International organisations. According to the provisions of the Financial Regulation articles mentioned above the former type of contracts give rise to calculation of interest accruals on prefinancing while the latter type of contracts does not.
4.   NOTES TO THE CASH FLOW STATEMENT
4.1   
PURPOSE AND PREPARATION OF THE CASH FLOW STATEMENT


Cash flow information is used to provide a basis for assessing the ability of the EDF to generate cash and cash equivalents, and its needs to utilise those cash flows.
The cash flow statement is prepared using the indirect method. This means that the net surplus or deficit for the financial year is adjusted for the effects of transactions of a non-cash nature and any deferrals or accruals of past or future operating cash receipts or payments.
Cash flows arising from transactions in a foreign currency are recorded in the EDF's reporting currency (euro), by applying to the foreign currency amount the exchange rate between the euro and the foreign currency at the date of the cash flow.
4.2   
OPERATING ACTIVITIES


The EDF cash flow statement only shows cash flows from operating activities as the EDF does not have investment or financing activities. The objective of the operating activities is to participate in the achievement of policy targeted outcomes.
5.   CONTINGENT ASSETS AND LIABILITIES AND OTHER DISCLOSURES
5.1   
CONTINGENT ASSETS












(EUR millions)




 


8th EDF


9th EDF


10th EDF


Total 31.12.2011


Total 31.12.2010




Performance guarantees


16


221


88


325


360




Retention guarantees


5


151


40


197


227




Contingent assets relating to legal cases


—


1


—


1


1




Total


21


373


128


523


587




5.1.1   
Performance guarantees


Performance guarantees are sometimes requested to ensure that beneficiaries of EDF funding meet the obligations of their contracts with the EDF.
The decrease of EUR 35 million in performance guarantees is a difference between the guarantees released and new guarantees received. Most of the guarantees were relased under the 8th EDF (EUR 23 million linked mainly to programmable aid) and 9th EDF (EUR 90 million mainly linked to Sectoral policy aid).
5.1.2   
Retention guarantees


Retention guarantees concern only works contracts. Typically, 10 % of the interim payments to beneficiaries are withheld to ensure that the contractor fulfils his/her obligations. These withheld amounts are reflected as amounts payable. Subject to the approval of the contracting authority, the contractor may instead submit a retention guarantee which replaces the amounts withheld on interim payments. These received guarantees are disclosed as contingent assets.
The decrease of EUR 30 million in retention guarantees is a difference between the guarantees released and new guarantees received. Most of the guarantees were released under the 9th EDF (EUR 63 million linked mainly to Sectoral policy aid). The new guarantees were mainly received under the 9th EDF (EUR 31 million mainly linked to Sectoral policy aid) and the 10th EDF (EUR 22 million).
5.2   
CONTINGENT LIABILITIES












(EUR millions)




 


8th EDF


9th EDF


10th EDF


Total 31.12.2011


Total 31.12.2010




Amounts relating to legal cases


—


0


—


0


6




Total


—


0


—


0


6




The above amounts relate to actions for damages currently being brought against the EDF, other legal disputes and the estimated legal costs. All contingent liabilities and commitments would be financed, should they fall due, by the EDF in the future.
5.3   
OTHER DISCLOSURES


5.3.1   
Budgetary commitments












(EUR millions)




 


8th EDF


9th EDF


10th EDF


Total 31.12.2011


Total 31.12.2010




Outstanding budgetary commitments not yet paid


157


1 643


3 794


5 594


5 991




Related amounts included in the economic outturn account


(29)


(308)


(309)


(646)


(714)




Total


128


1 335


3 485


4 948


5 277




Outstanding budgetary commitments represent open commitments for which payments and/or decommitments have not yet been made. This is a normal consequence of the existence of multiannual programmes. At 31 December 2011 the outstanding budgetary commitments totalled EUR 5 594 million. The amount disclosed as a future commitment to be funded is this outstanding budgetary commitment less related amounts that have been included as expenses in the 2011 economic outturn account, giving a total of EUR 4 948 million.
6.   FINANCIAL RISK MANAGEMENT
The following disclosures with regard to the financial risk management of the European Development Fund relate to the treasury operations carried out by the European Commission on behalf of the European Development Fund in order to implement its resources.
6.1   
RISK MANAGEMENT POLICIES AND HEDGING ACTIVITIES


The rules and principles for the management of the EDF's treasury operations are laid down in Council Regulation 215/2008 on the Financial Regulation applicable to the 10th EDF, and in the Internal Agreement.
As a result of the above regulation, the following main principles apply:






—


The EDF contributions are paid by Member States in special accounts opened with the bank of issue of each Member State or the financial institution designated by it. The amounts of the contributions shall remain in those special accounts until the payments of EDF need to be made.










—


EDF contributions are paid by Member States in EUR, while the EDF's payments are denominated in EUR and in other currencies, including less well-known ones.










—


Bank accounts opened by the Commission on behalf of the EDF may not be overdrawn.




In addition to the special accounts, other bank accounts are opened by the Commission on behalf of the EDF, with financial institutions (central banks and commercial banks), for the purpose of executing payments and receiving receipts other than the Member State contributions to the budget according to art. 44 of the Council Regulation (EC) No 215/2008 (see 6.4 below).
All commercial banks where accounts other than the "special accounts" mentioned above have been opened for the EDF, are selected by the Commission by call for tenders.
Treasury and payment operations are highly automated and rely on modern information systems. Specific procedures are applied to guarantee system security and to ensure segregation of duties in line with the Financial Regulation, the Commission’s internal control standards, and audit principles.
A written set of guidelines and procedures regulate the management of the treasury and payment operations with the objective of limiting operational and financial risk and ensuring an adequate level of control. They cover the different areas of operation, and compliance with the guidelines and procedures is checked regularly.
6.2   
MARKET RISK


6.2.1   
Currency risk


All contributions are held in EUR, and other currencies are purchased only when they are needed for the execution of payments. As a result the EDF's treasury operations are not exposed to currency risk.
6.2.2   
Interest rate risk


The EDF does not borrow monies; as a consequence it is not exposed to interest rate risk.
It however earns interest on balances it holds on its different banks accounts. The Commission, on behalf of the EDF, has therefore put in place measures to ensure that interest earned regularly reflect market interest rates as well as their possible fluctuation.
Overnight balances held on commercial bank accounts are remunerated on a daily basis. The remuneration of balances on such accounts is based on variable market rates to which a contractual margin (positive or negative) is applied. For most of the accounts the interest calculation is linked to the EONIA (Euro Over Night Index Average), and is adjusted to reflect any fluctuations of this rate. For some other accounts the interest calculation is linked to the ECB marginal rate (the one used for the ECB refinancing operations). As a result no risk is taken by the EDF that its balances be remunerated at rates lower than market rates.
6.3   
CREDIT RISK (COUNTERPARTY RISK)


Most of the EDF's treasury resources are kept, in accordance with Council Regulation 215/2008, in the "special accounts" opened by Member States for the payment of their contributions. The majority of such accounts are held with Member States' treasuries or national central banks. These institutions carry the lowest counterparty risk for the EDF (exposure is with its Member States).
For the part of the EDF's treasury resources kept with commercial banks in order to cover the execution of payments, replenishment of these accounts is executed on a just-in-time basis and is automatically managed by the Commission treasury's cash management system. Minimum cash levels, proportional to the average amount of daily payments made from it, are kept on each account. As a consequence the amounts kept overnight on these accounts remain constantly at low levels which ensure the EDF's risk exposure is limited.
In addition, specific guidelines are applied for the selection of commercial banks in order to further minimise counterparty risk to which the EDF is exposed.
All commercial banks are selected by call for tenders. The minimum short-term credit rating required for admission to the tendering procedures is Moody's P-1 or equivalent (S&P A-1 or Fitch F1). A lower level may be required in specific and duly justified circumstances.
6.4   
LIQUIDITY RISK


Budget principles applied to the EDF ensure that overall cash resources for the budgetary period are always sufficient for the execution of all related payments. Indeed the total Member States' contributions equal the overall amount of payment appropriations for the relevant budgetary period.
Member States contributions to EDF, however, are paid in three instalments per year, while payments are subject to certain seasonality.
In order to ensure that treasury resources are always sufficient to cover the payments to be executed in any given month, information on the treasury situation is regularly exchanged between the Commission' treasury and the relevant spending departments in order to ensure that payments executed in any given period do not exceed the available treasury resources.
In addition to the above, in the context of the EDF's daily treasury operations, automated cash management tools ensure that sufficient liquidity is available on each of the EDF's bank accounts, on a daily basis.
7.   RELATED PARTY DISCLOSURES
No related party transactions requiring separate disclosure under this heading have been identified.
8.   EVENTS AFTER THE BALANCE SHEET DATE
At the date of transmission of these accounts, no material issues had come to the attention of the Accounting Officer of the EDF or were reported to him that would require separate disclosure under this section. The annual accounts and related notes were prepared using the most recently available information and this is reflected in the information presented above.
9.   RECONCILIATION ECONOMIC OUTTURN - BUDGET OUTTURN
The economic outturn of the year is calculated on the basis of accrual accounting principles. The budget outturn is however based on cash accounting rules, in accordance with the Financial Regulation. As both are the result of the same underlying transactions, it is a useful control to ensure that they are reconcilable. The table below shows this reconciliation, highlighting the key reconciling amounts, split between revenue and expenditure items.







(EUR millions)




 


2011


2010





ECONOMIC OUTTURN OF THE YEAR




(2 700)




(2 765)






REVENUE





Entitlements not affecting the budget outturn


(52)


(33)




Entitlements established in the current year but not yet collected


(3)


(4)




Entitlements established in previous years and collected in the current year


10


10




Net effect of pre-financing


46


53




Net accrued revenue


(13)


(173)





EXPENDITURE





Expenses of the current year not yet paid


98


178




Expenses of previous years paid in the current year


(249)


(155)




Payment cancellations


17


39




Net effect of pre-financing


(346)


(353)




Net accrued expenses


317


(31)





BUDGET OUTTURN OF THE YEAR




(2 874)




(3 233)





9.1   
RECONCILING ITEMS – REVENUE


The budgetary revenue of a financial year corresponds to the revenue collected from entitlements established in the course of the year and amounts collected from entitlements established in previous years.
The entitlements not affecting the budget outturn are recorded in the economic outturn but from a budgetary perspective cannot be considered as revenues as the cashed amount is transferred to reserves and cannot be recommitted without a Council decision.
The entitlements established in the current year but not yet collected are to be deducted from the economic outturn for reconciliation purposes as they do not form part of budgetary revenue. On the contrary, the entitlements established in previous years and collected in the current year must be added to the economic outturn for reconciliation purposes.
The net effect of pre-financing is the clearing of the recovered pre-financing amounts. This is a cash receipt which has no impact on the economic outturn.
The net accrued revenue mainly consists of accruals made for year-end cut-off purposes. Only the net effect, i.e. the accrued revenue of the current year less the reversal of accrued revenue of the previous year, is taken into consideration.
9.2   
RECONCILING ITEMS – EXPENDITURE



Expenses of the current year not yet paid are to be added for reconciliation purposes as they are included in the economic outturn but do not form part of budgetary expenditure. On the contrary, the expenses of previous years paid in the current year must be deducted from the economic outturn for reconciliation purposes as they are part of the current year's budgetary expenditure but have either no effect on the economic outturn or they decrease the expenses in case of corrections.
The cash receipts from payment cancellations do not affect the economic outturn whereas they impact the budget outturn.
The net effect of pre-financing is the combination of the new pre-financing amounts paid in the current year (recognised as budgetary expenditure of the year) and the clearing of pre-financing paid in the current year or previous years through the acceptance of eligible costs. The latter represents an expense in accrual terms but not in the budgetary accounts since the payment of the initial pre-financing had already been considered as a budgetary expenditure at the time of its payment.
The net accrued expenses mainly consist of accruals made for year-end cut-off purposes, i.e. eligible expenses incurred by beneficiaries of EDF funds but not yet reported to the EDF. Only the net effect, i.e. the accrued expenses of the current year less the reversal of accrued expenses of the previous year, is taken into consideration.
2.   REPORT ON FINANCIAL IMPLEMENTATION

INTRODUCTORY NOTE


Previous EDFs







—


Decision 1/2000 of the ACP-EC Council of 27 July 2000 regarding transitional measures provides for some of the unallocated resources from previous EDFs to be used for programmes consistent with the relevant provisions of the Cotonou Agreement and put into early application under transitional measures.










—


Commission Decision 410/2001 of 16 March 2001, which fixes the allocations for the indicative programmes of the ACP countries under the ACP-EC Partnership Agreement, provides that the unallocated resources from previous EDFs up to a maximum of EUR 1,2 billion are to be used for implementation in accordance with the rules and procedures of the relevant EDFs, pending the entry into force of the Financial Protocol to the 9th EDF.










—


Commission Decision 1033/2001 of 15 June 2001 fixed the allocations for regional programmes and intra-ACP cooperation under the Financial Protocol to the ACP-EC Partnership Agreement.










—


Commission Decision 1252/2002 of 11 July 2002 increased the envelope intended for intra-ACP cooperation by EUR 60 million, from the general reserves of the 6th and 7th EDFs, and also provided for the use of these additional funds pending the entry into force of the Financial Protocol to the 9th EDF, in accordance with the rules and procedures applicable to the original EDFs.










—


Lastly, Decision 3/2002 of the ACP-EC Council of Ministers of 23 December 2002 took an amount of EUR 25 million from the unallocated resources of the 8th EDF (general reserve) and allocated it to regional cooperation under the ACP-EC Partnership Agreement.










—


As the 6th EDF was closed in 2006 and the 7th EDF was closed in 2008, the annual accounts no longer contain implementation tables for these EDFs. However, implementation of the transferred balances can be found in the 9th EDF.










—


As in past years, to ensure transparency in the presentation of the accounts for 2009, the tables below set out separately for the 8th EDF the part used for Lomé Convention programming and the part used for programming under the Cotonou Agreement. Regarding the latter, entry in the accounts and the presentation of accounts is based on Article 3(2) of Annex IV to the ACP-EC Partnership Agreement, as regards countries. That Article gives the ACP countries an A envelope to cover macroeconomic support and support for programmes and projects and a B envelope to cover unforeseen needs such as emergency assistance, debt relief initiatives and support to offset the adverse effects of instability in export earnings (14). For the regions, the accounts are set out according to the regional programming as referred to in Chapter 2 of the ACP-EC Partnership Agreement (i.e. regional indicative programmes and intra-ACP cooperation).










—


Under Point 4 of Annex Ib (Multiannual financial framework for the period 2008 to 2013) to the ACP-EC Partnership Agreement, the remaining balances and the amounts decommitted under the Funds between 31.12.2007 and the entry into force of the 10th EDF were transferred to the 9th EDF to ensure that the EU administration could do its work and to cover the costs of ongoing projects until the 10th EDF comes into force.










—


Council Decision 2010/406/EU decided to use for the benefit of Sudan an amount of EUR 150 million from the funds de-committed from projects under the 9th and previous EDF's for the purpose of addressing the needs of the most vulberable population. This amount has been allocated during 2011.










—


Council Decision 2011/315/EU decided to use for the benefit of South Sudan an amount of EUR 200 million from the funds de-committed from projects under the 9th and previous EDF's to be used to support the implementation of the Three Year Southern Sudan Development plan. This amount has not yet been allocated for programming.





10th EDF

The ACP-EC Partnership Agreement signed on 23 June 2000 in Cotonou by the Member States of the European Community and the States of Africa, the Caribbean and the Pacific (ACP States) entered into force on 1 April 2003. The Cotonou Agreement was amended on 25 June 2005 and 23 June 2010.
The EU Council Decision of 27 November 2001 (2001/822/EC) on the association of the overseas countries and territories (OCT) with the European Union entered into force on 2 December 2001. This Decision was amended on 19 March 2007 (Decision 2007/249/EC).
The Internal Agreement on the financing of Community aid under the multiannual financial framework for the period 2008-2013 in accordance with the revised Cotonou Agreement, adopted by the Representatives of the Governments of the Member States of the European Community on 17 July 2006, entered into force on 1 July 2008.
Under the Cotonou Agreement, the second period (2008-2013) of EU aid to the ACP States and OCTs is funded by the 10th EDF to the tune of EUR 22 682 million, of which:






—


EUR 21 966 million is allocated to the ACP countries in accordance with the multiannual financial framework set out in Annex Ib to the revised Cotonou Agreement, of which EUR 20 466 million is managed by the European Commission;










—


EUR 286 million is allocated to the OCTs in accordance with Annex IIAa of the revised Council Decision on the association of the OCTs with the European Community, of which EUR 256 million is managed by the European Commission;










—


EUR 430 million is for the Commission to finance the costs arising from the programming and implementation of 10th EDF resources, in accordance with Article 6 of the Internal Agreement.




On the date of entry into force of the 10th EDF, these amounts were supplemented by unexpended balances and are still supplemented by decommitted funds resulting from the system to guarantee the stabilisation of export earnings from primary agricultural products (STABEX) under the Funds prior to the 9th EDF. These balances and decommitted funds should be used and managed in accordance with the revised Cotonou Agreement and the Internal Agreement.

Of the above mentioned 10th EDF allocations, the European Commission manages the amount of EUR 21 152 million as follows






—


EUR 15 300 million for the national indicative programmes, comprising:






—


EUR 13 500 million for the A envelopes, of which EUR 12 467 million in allocations are opened and, from this amount, a sum of EUR 33 million was transferred to regional allocations (MTR region-PALOP). In addition, the A envelope was increased by EUR 57 million representing Stabex decommitted funds;










—


EUR 1 800 million for the B envelopes, of which EUR 601 million as initial allocations, and EUR 1 199 million as a reserve for unforeseen needs (used for financing different instruments like the yearly FLEX, and the ad-hoc Vulnerability FLEX and response to food prices crisis). Of this total an amount EUR 1 624 Million are openend.














—


EUR 1 783 million for the regional indicative programmes, together with a transfer of EUR 33 million resulting in EUR 1 816 of allocations opened;










—


EUR 2 700 million in Intra-ACP allocations, of which EUR 2 664 million opened;










—


EUR 683 million as a reserve for subsequent allocation to the national and regional indicative programmes following the mid-term and end-of-term reviews;










—


EUR 430 million for implementation costs, all opened;










—


EUR 256 million OCT allocations:






—


A enveloppe funds for EUR 195 million, of which EUR 66 million are opened










—


B enveloppe funds of EUR 15 million, of which EUR 7 million are opened










—


Regional allocations funds of EUR 40 million, all are opened










—


Studies/technical assistance funds of EUR 6 million, all opened.









10th EDF non-mobilisable performance reserve

Since the 10th EDF came into force on 1 July 2008, the remaining balances and the amounts decommitted from projects under the 9th and previous EDFs are transferred to the performance reserve of the 10th EDF, with the exception of Stabex funds and 9th EDF administrative envelope. This reserve may be used under the conditions set out in Article 1(4) of the Internal Agreement on the 10th EDF.
Please find below the detail of this reserve as at 31.12.2011:






(EUR million)




Total funds transferred to the 10th EDF non-mobilisable reserve:


438




minus funds transferred to the 9th EDF in favour of Sudan, Council Decision 2010/406/EU of 12.07.2010


– 150




Total available in the reserve (ACP+OCT):


288




Note: this reserve is to be decreased by EUR 200 million following Council Decision 2011/315/EU of 23.05.2011 in favour of South Sudan and to be transfered to the 9th EDF





10th EDF Stabex reserve

Following the closure of Stabex accounts, unused/decommitted funds are transferred to the 10th EDF Stabex A Envelope reserve (10th EDF Internal Agreement Art. 1(4)) and then to the national indicative programmes of the countries concerned.

10th EDF Co-financings

Under the 10th EDF, transfer agreements for co-financings from Member States were signed for EUR 89 million and commitment appropriations were opened for a total amount of EUR 79 million, while payment appropriations were opened for the cashed amounts totalling EUR 73 million.
The situation of co-financing appropriations at 31.12.2011 is shown in the table below:







(EUR million)




 


Commitments appropriations


Payment appropriations




Co-financing - A Envelope


69


61




Co-financing - Intra ACP


12


12




Co-financing - Administrative expenses


2


2




 



83




75





The following tables, concerning the amounts decided, contracted and paid, show 
The tables presenting the situation by country and by instrument are annexed.
2.1   ALLOCATIONS


Table 1.1


8th EDF


Evolution of appropriations: 31 December 2011


ANALYSIS OF CREDITS PER INSTRUMENT











(EUR million)




Instrument


Initial appropriation


Increases/decreases in cumulative resources at 31 December 2010


Increase or decrease in resources in 2011


Notes


Current appropriation





ACP






Lomé





Total indicative programmes


7 562


(2 396)


(29)



 (15)



5 138




Interest-rate subsidies


370


(278)


(9)


 


83




Emergency aid


140


(4)


 


 


136




Aid for refugees


120


(11)


(0)



 (15)



108




Risk capital


1 000


37


 


 


1 037




Stabex


1 800


(1 077)


 


 


723




Sysmin


575


(463)


 


 


112




Structural adjustment


1 400


97


 


 


1 497




Heavily indebted poor countries


 


1 060


 


 


1 060




Use of interest income


 


37


 


 


37





Cotonou





A envelope


 


429


 


 


429




B envelope


 


255


 


 


255




Total ACP


12 967


(2 314)


(38)


 


10 615





OCT





Total indicative programmes


115


(77)


(0)



 (15)



37




Interest-rate subsidies


9


(7)


 


 


1




Emergency aid


3


(3)


 


 


 




Aid for refugees


1


(1)


 


 


 




Risk capital


30


(24)


 


 


6




Stabex


6


(4)


 


 


1




Sysmin


3


(0)


 


 


2




Total OCT


165


(116)


(0)


 


48




Total 8th EDF


13 132


(2 430)


(38)


 


10 663








Table 1.2


9th EDF


Evolution of appropriations: 31 December 2011


ANALYSIS OF CREDITS PER INSTRUMENT











(EUR million)




Instrument


Initial appropriation


Increases/decreases in cumulative resources at 31 December 2010


Increase or decrease in resources in 2011


Notes


Current level appropriation





ACP





A Envelope


5 318


4 095


(51)



 (16)



9 363




B Envelope


2 108


(807)


(6)



 (16)



1 294




National allocations reserve


1 224


(1 224)


 


 


 




CDE, CTA and Parliamentary Assembly


164


7


 


 


171




Long term development reserve


258


(258)


 


 


0




Regional allocations


904


7


(12)



 (16)



899




Intra ACP


300


2 936


(6)



 (16)



3 230




Implementation costs


125


0


3



 (17)



128




Interests and other revenue


 


69


 


 


69




Administrative costs


 


46


 


 


46




Special allocation R.D. Congo


 


108


 


 


108




Special allocation Sudan


 


 


147



 (17)



147




Transfers from 6th EDF - Lomé


 


24


(1)



 (16)



22




Transfers from 7th EDF - Lomé


 


731


(4)



 (16)



728




Voluntary contribution Peace facility


 


39


 


 


39




Total ACP


10 401


5 772


70


 


16 244





OCT





A Envelope


0


249


 


 


249




B Envelope/ Use of C reserve


0


7


 


 


7




Long term development reserve


144


(144)


 


 


 




Regional allocations


8


41


(0)



 (16)



49




Technical assistance envelope


2


(1)


 


 


1




Transfers from 6th EDF - Lomé


 


0


 


 


0




Transfers from 7th EDF - Lomé


 


3


 


 


3




Total OCT


154


154


(0)


 


308




Total 9th EDF


10 555


5 926


70


 


16 552








Table 1.3


10th EDF


Evolution of appropriations: 31 December 2011


ANALYSIS OF CREDITS PER INSTRUMENT











(EUR million)




Instrument


Initial appropriation


Increases/decreases in cumulative resources at 31 December 2010


Increase or decrease in resources in 2011


Notes


Current level appropriation





ACP





A Envelope


 


12 378


113



 (20)



12 491




A Envelope reserve


13 500


(12 385)


(82)



 (20)



1 034




B Envelope


 


1 464


161



 (19)



1 624




B Envelope reserve


1 800


(1 464)


(161)



 (19)



176




Regional allocations


 


1 816


 


 


1 816




Regional allocations reserve


1 783


(1 783)


 


 


0




National Allocation Reserve Enveloppe A Stabex


 


6


(5)



 (22)



0




NIP/RIP reserve


683


0


 


 


683




Intra-ACP


 


2 330


334



 (19)



2 664




Intra-ACP Reserve


2 700


(2 330)


(334)



 (19)



36




Implementation costs


430


0


(0)


 


430




Interests and other receipts


 


32


27


 


58




Cofinancing


 


79


4



 (21)



83




Non-mobilisable reserve ACP


 


312


(33)



 (18)



280




Total ACP


20 896


455


24


 


21 375





OCT





A Envelope


 


 


66



 (19)



66




A Envelope reserve


195


0


(66)



 (19)



129




B Envelope


 


4


3



 (19)



7




B Envelope reserve


15


(4)


(3)



 (19)



8




Regional allocations reserve


40


0


(40)



 (19)



0




Regional allocations


 


0


40



 (19)



40




Studies/technical assistance OCT


6


0


 


 


6




Non-mobilisable reserve OCT


 


7


1



 (18)



8




Total OCT


256


7


1


 


264




Total 10th EDF


21 152


462


25


 


21 639




2.2   CONSOLIDATED ACCOUNTS


Table 2.1


EDF aggregated accounts at 31.12.2011


PROGRESS REPORT











(EUR million)




Allocation


8th EDF


9th EDF


10th EDF


8th, 9th and 10th EDF




Lomé


Programmable aid


5 175


 


 


5 175




Non-programmable aid


4 767


 


 


4 767




Transfers from other funds


 


753


 


753




Sundry revenue


37


 


 


37




 


 


 


 


 


0




Cotonou


A envelope


429


9 611


12 557


22 598




B envelope


255


1 301


1 632


3 188




Regional allocation


 


947


1 856


2 804




Intra ACP allocation


 


3 230


2 664


5 894




CDE, CTA and Joint Assembly


 


171


 


171




Special allocation Congo, Council Dec. 2003/583/EC


 


108


 


108




Special allocation Sudan, Council Dec. 2010/406/EU


 


147


 


147




Voluntary contribution Peace facility


 


39


 


39




Co-financing (commitment credits)


 


 


83


83




Implementation costs and interest.


 


243


494


737




NIP/RIP reserve


 


 


683


683




Regional allocations reserve


 


 


0


0




Intra-ACP reserve


 


 


36


36




Country reserve


 


 


1 346


1 346




Stabex - NIP Reserve A Envelope


 


 


0


0




Non-mobilisable performance reserve


 


 


288


288




 


Total


10 663


16 552


21 639


48 854





















 


FED


Aggregate total


Annual figures




At 31.12.2011


% of allocation


2006


2007


2008


2009


2010


2011





Decisions





 


8


10 640


100 %


(265)


(211)


(53)


(42)


(45)


(60)




 


9


16 454


99 %


3 187


3 455


775


(54)


(116)


(9)




 


10


13 734


62 %


 


 


4 766


3 501


2 349


3 118




Total


 


40 827


 


2 921


3 244


5 488


3 405


2 187


3 049





Assigned funds





 


8


10 494


98 %


202


35


55


(42)


8


(13)




 


9


15 691


95 %


2 915


3 317


3 163


997


476


9




 


10


8 648


40 %


 


 


130


3 184


2 820


2 514




Total


 


34 833


 


3 117


3 352


3 348


4 140


3 304


2 509





Payments





 


8


10 330


97 %


737


483


323


152


158


90




 


9


14 026


85 %


1 861


2 294


3 253


1 806


1 304


906




 


10


4 852


22 %


 


 


90


1 111


1 772


1 879




Total


 


29 208


 


2 598


2 777


3 666


3 069


3 233


2 874




Negative figures represent decommitments.





Table 2.2


EDF aggregated accounts at 31.12.2011


CLASS OF AID















 


8th EDF


%


9th EDF


%


10th EDF


%


Total


%





 (23)




 (23)




 (23)




 (23)





Lomé



Programmable aid (NIP)



 


 


 


 


 


 


 


 





Appropriations




5 175



 


 


 


 


 



5 175



 




Decisions


5 166


100 %


 


 


 


 


5 166


100 %




Assigned funds


5 066


98 %


 


 


 


 


5 066


98 %




Payments


4 981


96 %


 


 


 


 


4 981


96 %





Non-programmable aid



 


 


 


 


 


 


 


 





Appropriations




4 767



 


 


 


 


 



4 767



 




Decisions


4 756


100 %


 


 


 


 


4 756


100 %




Assigned funds


4 742


99 %


 


 


 


 


4 742


99 %




Payments


4 693


98 %


 


 


 


 


4 693


98 %





Transfers from other funds



 


 


 


 


 


 


 


 





Appropriations



 


 



753



 


 


 



753



 




Decisions


 


 


751


100 %


 


 


751


100 %




Assigned funds


 


 


709


94 %


 


 


709


94 %




Payments


 


 


654


87 %


 


 


654


87 %





Sundry revenue



 


 


 


 


 


 


 


 





Appropriations




37



 


 


 


 


 



37



 




Decisions


36


96 %


 


 


 


 


36


96 %




Assigned funds


36


96 %


 


 


 


 


36


96 %




Payments


35


94 %


 


 


 


 


35


94 %





Total



 


 


 


 


 


 


 


 





Appropriations




9 979



 



753



 


 


 



10 733



 




Decisions


9 958


100 %


751


100 %


 


 


10 709


100 %




Assigned funds


9 843


99 %


709


94 %


 


 


10 552


98 %




Payments


9 708


97 %


654


87 %


 


 


10 363


97 %




Cotonou



A envelope



 


 


 


 


 


 


 


 





Appropriations




429



 



9 611



 



12 557



 



22 598



 




Decisions


429


100 %


9 546


99 %


9 276


74 %


19 251


85 %




Assigned funds


421


98 %


9 181


96 %


5 635


45 %


15 237


67 %




Payments


417


97 %


8 448


88 %


2 778


22 %


11 644


52 %





B envelope



 


 


 


 


 


 


 


 





Appropriations




255



 



1 301



 



1 632



 



3 188



 




Decisions


252


99 %


1 301


100 %


1 188


73 %


2 742


86 %




Assigned funds


229


90 %


1 261


97 %


1 006


62 %


2 497


78 %




Payments


204


80 %


1 150


88 %


855


52 %


2 209


69 %





CDE, CTA and Joint Assembly



 


 


 


 


 


 


 


 





Appropriations



 


 



171



 


 


 



171



 




Decisions


 


 


169


99 %


 


 


169


99 %




Assigned funds


 


 


159


93 %


 


 


159


93 %




Payments


 


 


154


90 %


 


 


154


90 %





Regional allocation



 


 


 


 


 


 


 


 





Appropriations



 


 



947



 



1 856



 



2 804



 




Decisions


 


 


941


99 %


579


31 %


1 520


54 %




Assigned funds


 


 


888


94 %


245


13 %


1 133


40 %




Payments


 


 


673


71 %


92


5 %


765


27 %





Intra-ACP allocation



 


 


 


 


 


 


 


 





Appropriations



 


 



3 230



 



2 664



 



5 894



 




Decisions


 


 


3 227


100 %


2 150


81 %


5 377


91 %




Assigned funds


 


 


3 117


97 %


1 438


54 %


4 555


77 %




Payments


 


 


2 590


80 %


850


32 %


3 441


58 %





Voluntary contribution Peace Facility



 


 


 


 


 


 


 


 





Appropriations



 


 



39



 


 


 



39



 




Decisions


 


 


39


100 %


 


 


39


100 %




Assigned funds


 


 


37


95 %


 


 


37


95 %




Payments


 


 


24


62 %


 


 


24


62 %





Special allocation Congo Council Dec. 2003/583/EC



 


 


 


 


 


 


 


 





Appropriations



 


 



108



 


 


 



108



 




Decisions


 


 


105


97 %


 


 


105


97 %




Assigned funds


 


 


105


97 %


 


 


105


97 %




Payments


 


 


105


97 %


 


 


105


97 %





Special allocation Sudan Council Dec. 2010/406/EU



 


 


 


 


 


 


 


 





Appropriations



 


 



147



 


 


 



147



 




Decisions


 


 


137


93 %


 


 


137


93 %




Assigned funds


 


 


0


0 %


 


 


0


0 %




Payments


 


 


0


0 %


 


 


0


0 %





Implementation costs and interest



 


 


 


 


 


 


 


 





Appropriations



 


 



243



 



494



 



737



 




Decisions


 


 


238


98 %


462


93 %


700


95 %




Assigned funds


 


 


233


96 %


297


60 %


530


72 %




Payments


 


 


227


94 %


274


55 %


501


68 %





Total



 


 


 


 


 


 


 


 





Appropriations




684



 



15 799



 



19 203



 



35 686



 




Decisions


682


100 %


15 702


99 %


13 656


71 %


30 040


84 %




Assigned funds


651


95 %


14 982


95 %


8 620


45 %


24 253


68 %




Payments


621


91 %


13 372


85 %


4 849


25 %


18 843


53 %




NIP/RIP RESERVE


 


 


 


 


683


 


683


 




REGIONAL ALLOCATIONS RESERVE


 


 


 


 


0


 


0


 




INTRA-ACP RESERVE


 


 


 


 


36


 


36


 




Stabex - NIP Reserve A Envelope


 


 


 


 


0


 


 


 




COUNTRIES RESERVE


 


 


 


 


1 346


 


1 346


 





Co-financing



 


 


 


 


 


 


 


 





Appropriations



 


 


 


 



83



 



83



 




Decisions


 


 


 


 


78


95 %


78


95 %




Assigned funds


 


 


 


 


28


34 %


28


4 %




Payments


 


 


 


 


3


3 %


3


0 %





Non-mobilisable performance reserve



 


 


 


 



288



 



288



 





Total



 


 


 


 


 


 


 


 





Appropriations




10 663



 



16 552



 



21 639



 



48 854



 




Decisions


10 640


100 %


16 454


99 %


13 734


63 %


40 827


84 %




Assigned funds


10 494


98 %


15 691


95 %


8 648


40 %


34 833


71 %




Payments


10 330


97 %


14 026


85 %


4 852


22 %


29 208


60 %








Table 2.3


EDF aggregated accounts at 31.12.2011


ANALYSIS BY INSTRUMENT


ACP + OCT – 8th EDF

















(EUR million)




 


 


Appropriations


Decisions


Assigned funds


Payments




Agg. total


Annual


%


Agg. total.


Annual


%


Agg. total


Annual


%




(1)


(2)


 


(2) : (1)


(3)


 


(3) : (2)


(4)


 


(4) : (3)




Lomé



ACP



 


 


 


 


 


 


 


 


 


 





Total indicative programmes




5 138




5 129




(35)




100 %




5 031




(23)




98 %




4 945




36




98 %






Total non-programmable aid




4 793




4 781




(22)




100 %




4 766




(18)




100 %




4 717




23




99 %





Interest-rate subsidies


83


83


(9)


100 %


83


(8)


99 %


68


 


82 %




Emergency aid


136


136


 


100 %


136


 


100 %


136


 


100 %




Aid for refugees


108


108


(1)


100 %


106


(1)


98 %


100


(1)


94 %




Risk capital


1 037


1 037


 


100 %


1 029


0


99 %


1 010


19


98 %




Stabex


723


722


(1)


100 %


719


1


99 %


711


4


99 %




Sysmin


112


102


(10)


91 %


101


(9)


98 %


101


0


100 %




Structural adjustment


1 497


1 497


 


100 %


1 497


 


100 %


1 497


 


100 %




Heavily indebted poor countries


1 060


1 060


 


100 %


1 060


 


100 %


1 060


 


100 %




Utilisation of interest income


37


36


(1)


96 %


36


(1)


98 %


35


0


98 %




Total


9 931


9 910


(57)


100 %


9 797


(41)


99 %


9 662


58


99 %




Cotonou



A Envelope




429




429



 



100 %




421




(2)




99 %




417




1




99 %






B Envelope




255




252




(2)




99 %




229




30




78 %




204




30



 




Total


684


682


(2)


199 %


651


28


177 %


621


31


99 %




 


Total ACP (a)


10 615


10 591


(59)


100 %


10 448


(13)


99 %


10 284


90


98 %




 



OCT



 


 


 


 


 


 


 


 


 


 




 



Total indicative programmes




37




37




(0)




100 %




35




(0)




93 %




35




0




100 %





 



Total non-programmable aid




11




11




0




100 %




11




0




100 %




11




0




100 %





 


Interest-rate subsidies


1


1


 


100 %


1


 


100 %


1


 


100 %




 


Emergency aid


 


 


 


 


 


 


 


 


 


 




 


Aid for refugees


 


 


 


 


 


 


 


 


 


 




 


Risk capital


6


6


 


100 %


6


 


100 %


6


 


100 %




 


Stabex


1


1


 


100 %


1


 


100 %


1


 


100 %




 


Sysmin


2


2


 


100 %


2


0


99 %


2


0


99 %




 


Total OCT (b)


48


48


(0)


100 %


46


0


95 %


46


0


100 %




 


Total (a) + (b)


10 663


10 640


(60)


100 %


10 494


(13)


99 %


10 330


90


98 %








Table 2.4


EDF aggregated accounts at 31.12.2011


ANALYSIS BY INSTRUMENT


ACP + OCT – 9th EDF
















(EUR million)




 


Appropriations


Decisions


Assigned funds


Payments




Agg. total


Annual


%


Agg. total.


Annual


%


Agg. total


Annual


%




(1)


(2)


 


(2) : (1)


(3)


 


(3) : (2)


(4)


 


(4) : (3)





ACP






A Envelope




9 363




9 297




(101)




99 %




8 939




(40)




96 %




8 250




522




92 %





Macroeconomic support


 


2 271


(9)


 


2 243


(15)


 


2 188


50


 




Sectorial Policies


 


7 026


(92)


 


6 696


(25)


 


6 063


472


 





B Envelope




1 294




1 294




(7)




100 %




1 257




3




97 %




1 146




74




91 %





Compensation export receipts


 


170


(0)


 


161


0


 


143


14


 




Emergency aid


 


1 113


(6)


 


1 084


2


 


992


60


 




Heavily indebted poor countries


 


11


 


 


11


 


 


11


 


 





Regional allocation



899


893


(14)


99 %


841


9


94 %


636


72


76 %





Intra-ACP allocation



3 230


3 227


(9)


100 %


3 117


35


97 %


2 590


207


83 %





Other



171


169


(2)


99 %


159


(7)


94 %


154


1


97 %





Implementation costs/Administrative expenditure



173


170


(0)


98 %


169


0


99 %


164


1


97 %





Interests and other revenue



69


67


(2)


97 %


64


(1)


95 %


63


1


98 %





Special allocation Congo



108


105


(3)


97 %


105


(0)


100 %


105


 


100 %





Special allocation Sudan



147


137


137


93 %


0


0


0 %


0


0


0 %





Voluntary contribution Peace Facility



39


39


 


100 %


37


 


95 %


24


 


65 %





Transfers from 6th EDF - Lomé



22


22


(1)


97 %


21


(0)


94 %


19


 


93 %





Transfers from 7th EDF - Lomé



728


726


(5)


100 %


685


(13)


94 %


632


(1)


92 %




Total ACP (a)


16 244


16 146


(8)


99 %


15 394


(15)


95 %


13 783


877


90 %





OCT






A Envelope




249




248




(0)




100 %




241




26




97 %




198




21




82 %





Macroeconomic support


 


15


 


 


14


0


 


9


1


 




Sectorial Policies


 


234


(0)


 


228


26


 


189


20


 





B Envelope




7




7




0




100 %




4




(2)




64 %




4




(2)




100 %






Regional allocation




49



49


(0)


100 %


47


(0)


97 %


37


10


78 %





Studies/Technical assistance




1



1


 


100 %


1


 


100 %


1


 


100 %





Transfers from 6th EDF - Lomé




0



0


 


100 %


0


 


100 %


0


 


100 %





Transfers from 7th EDF - Lomé




3



3


0


100 %


3


(0)


99 %


3


 


100 %




Total OCT (b)


308


308


(0)


100 %


297


24


96 %


243


29


82 %




Total (a) + (b)


16 552


16 454


(9)


99 %


15 691


9


95 %


14 026


906


89 %








Table 2.5


EDF aggregated accounts at 31.12.2011


ANALYSIS BY INSTRUMENT


ACP + OCT – 10th FED
















(EUR million)




 


Appropriations


Decisions


Assigned funds


Payments




Agg. total


Annual


%


Agg. total.


Annual


%


Agg. total


Annual


%




(1)


(2)


 


(2) : (1)


(3)


 


(3) : (2)


(4)


 


(4) : (3)





ACP






A Envelope




12 491




9 210




1 794




74 %




5 635




1 347




61 %




2 778




1 131




49 %






B Envelope




1 624




1 181




183




73 %




1 002




173




85 %




855




177




85 %





Compensation export receipts


 


68


3


 


43


4


 


34


4


78 %




Emergency aid


 


467


143


 


351


83


 


279


100


80 %




Heavily indebted poor countries


 


49


(1)


 


49


0


 


46


12


95 %




Other chocs with budgetary impact


 


598


37


 


559


87


 


495


61


88 %





Regional Allocation




1 816




579




218




32 %




245




152




42 %




92




82




37 %






Intra-ACP Allocation




2 664




2 150




591




81 %




1 438




732




67 %




850




396




59 %





Institutional and support costs


300


195


35


65 %


176


48


90 %


119


42


68 %




Peace Facility


600


1 355


255


226 %


965


536


71 %


479


215


50 %




Various intra ACP, other sectors programmed


1 764


600


300


34 %


297


147


49 %


252


139


85 %





Implementation costs




430




427




237




99 %




267




84




63 %




256




85




96 %






Interest and other revenue




58




32




8




54 %




28




6




87 %




17




5




61 %





Total


19 084


13 578


3 030


71 %


8 614


2 495


0


4 848


1 876


56 %




COUNTRIES RESERVE – COTONOU


1 209


 


 


 


 


 


 


 


 


 




NIP/RIP RESERVE


683


 


 


 


 


 


 


 


 


 




Stabex – NIP Reserve A Envelope


0


 


 


 


 


 


 


 


 


 




REGIONAL ALLOCATIONS RESERVE


 


 


 


 


 


 


 


 


 


 




INTRA-ACP RESERVE


36


 


 


 


 


 


 


 


 


 




Cofinancing Enveloppe A


69


64


4


94 %


16


2


 


0


0


 




Cofinancing Intra ACP


12


12


12


100 %


12


11


99 %


2


2


19 %




Cofinancement administrative expenditure


2


2


1


96 %


 


 


 


 


 


 




Total Cofinancing


83


78


16


95 %


28


14


36 %


3


2


10 %




Total ACP


21 095


13 657


3 046


65 %


8 642


2 509


63 %


4 850


1 878


56 %




Non-mobilisable performance reserve ACP


280


 


 


 


 


 


 


 


 


 




Total ACP + performance reserve (a)


21 375


13 657


3 046


64 %


8 642


2 509


63 %


4 850


1 878


56 %





OCT






A Envelope




66




66




66



 


 


 


 


 


 


 





B Envelope




7




7




3




100 %




4




4



 


 


 


 




Compensation export receipts


 


 


 


 


 


 


 


 


 


 




Emergency aid


 



7




3



 



4




4



 


 


 


 




Heavily indebted poor countries


 


 


 


 


 


 


 


 


 


 




Other chocs with budgetary impact


 


 


 


 


 


 


 


 


 


 





Regional Allocation




40



 


 


 


 


 


 


 


 


 





Studies / Technical assistance OCT




6



4


2


67 %


2


0


54 %


1


1


65 %




Total


119


77


71


65 %


6


5


8 %


1


1


22 %




COUNTRIES RESERVE



137



 


 


 


 


 


 


 


 


 




REGIONAL ALLOCATIONS RESERVE



0



 


 


 


 


 


 


 


 


 




NIP/RIP RESERVE


 


 


 


 


 


 


 


 


 


 




Total OCT


256


77


71


30 %


6


5


8 %


1


1


22 %




Non-drawable performance reserve OCT



8



 


 


 


 


 


 


 


 


 




Total OCT + performance reserve (b)


264


77


71


29 %


6


5


8 %


1


1


22 %




Total (a) + (b)


21 639


13 734


3 118


63 %


8 648


2 514


63 %


4 852


1 879


56 %




2.3.   OTHER MANAGEMENT INFORMATION


Italian co-financing (1985)

In 1985 the European Commission signed an agreement with the Italian Government providing for the co-financing of development projects managed by the Commission.
The agreement was regularly extended by means of exchanges of letters between the Italian Government and the Development Commissioner until 31 December 2004.
Then by written procedure E/1588/2004 the Commission took a decision on implementation of the co-financing framework agreement. The purpose of the decision was to lay down the budgetary and regulatory framework for commitments made under the agreement. The Commission decision accordingly provided that this co-financing should be implemented in accordance with the provisions of the EDF Financial Regulation. The decision empowered the EDF authorising officers by delegation or subdelegation to manage Italy's contribution to this co-financing. They were also empowered to determine the final date for its implementation in compliance with the relevant rules.
In accordance with Article 4, point 4 of the July 1985 agreement between the European Commission and the Italian Government, a provision confirmed in Article 3, point 3 of decision E/1588/2004, the Italian Government requested by letter of 15 December 2006 that the Commission repay the account balances of the closed projects. These balances then totalled EUR 4 708 867,66. This amount was reimbursed to the Italian Government in March 2008.
The situation of the Italian funds managed by the Commission for projects in the ACP countries, at 31.12.2011, is presented below.
In all, 52 projects implemented in the ACP countries have been co-financed by Italy since the signing of the above agreement, only one of which, ‧4th rehabilitation programme – Somalia‧, is still in progress and is managed by the EU delegation in Kenya, bank balance for each individual item are:










Project No



Country


Project


Balance (EUR)
31.12.2010


Balance (EUR)
31.12.2011




ITA COF


37


SOMALIA


Interest from co-financing


317 230,20


320 646,67




ITA COF


40


Administrative expenditure


408 990,37


410 580,63




ITA COF


50


Rehabilitation


6 722 163,55


5 452 595,91




Total


 


 


7 429 706,86


6 183 823,21




PART II

EDF ANNUAL ACCOUNTS: FINANCIAL STATEMENTS OF THE INVESTMENT FACILITY




3.   FINANCIAL STATEMENTS OF THE INVESTMENT FACILITY
3.1   STATEMENT OF COMPREHENSIVE INCOME FOR THE YEAR ENDED 31 DECEMBER 2011









(In EUR’000)




 


Notes


From 01.01.2011 to 31.12.2011


From 01.01.2010 to 31.12.2010




Interest and similar income


16


59 561


54 601




Interest and similar expense


16


– 940


–2 591





Net interest and similar income



 


58 621


52 010




Fee and commission income


17


2 149


11 775




Fee and commission expenses


17


– 144


– 372





Net fee and commission income



 


2 005


11 403




Net result on financial operations


18


18 070


–15 823




Change in impairment on loans and receivables, net of reversal


7


27 452


25 428




Impairment on available-for-sale financial assets


8


–6 888


–3 714




General administrative expenses


19


–38 006


–34 086





Profit for the year



 


61 254


35 218





Other comprehensive income:



 


 


 




Available-for-sale financial assets – Fair value reserve


 


 


 










1.


Net change in fair value of available-for-sale financial assets






 


20 574


2 962










2.


Net amount transferred to profit or loss






 


–3 394


1 898




Total available-for-sale financial assets


 


17 180


4 860




Total other comprehensive income


 


17 180


4 860




Total comprehensive income for the year


 


78 434


40 078




3.2   STATEMENT OF FINANCIAL POSITION AS AT 31 DECEMBER 2011










(In EUR’000)




 


Notes


31.12.2011


31.12.2010


31.12.2009





ASSETS





Cash and cash equivalents


5


452 279


411 587


330 057




Derivative financial instruments


6


434


1 376


12 870




Loans and receivables


7


1 033 160


844 428


693 441




Available-for-sale financial assets


8


251 660


194 828


164 606




Amounts receivable from contributors


9/14


87 310


100 000


87 310




Other assets


10


416


3 172


925




Total assets


 


1 825 259


1 555 391


1 289 209





LIABILITIES AND CONTRIBUTORS' RESOURCES






LIABILITIES





Derivative financial instruments


6


12 702


6 110


5 522




Deferred income


11


33 003


29 579


24 317




Amounts owed to third parties


12


329 660


298 415


213 850




Other liabilities


13


1 113


940


1 560




Total liabilities


 


376 478


335 044


245 249





CONTRIBUTORS' RESOURCES





Member States Contribution called


14


1 281 309


1 131 309


995 000




Fair value reserve


 


41 750


24 570


19 710




Retained earnings


 


125 722


64 468


29 250




Total Contributors' resources


 


1 448 781


1 220 347


1 043 960




Total Liabilities and Contributors' resources


 


1 825 259


1 555 391


1 289 209




3.3   STATEMENT OF CHANGES IN CONTRIBUTORS' RESOURCES










(In EUR’000)




 


Contribution called


Fair Value Reserve


Retained earnings


Total





At 1 January 2011




1 131 309




24 570




64 468




1 220 347





Member States contribution called during the year


150 000


—


—


150 000




Profit for the year 2011


—


—


61 254


61 254




Total other comprehensive income for the year


—


17 180


—


17 180





Changes in contributors’ resources



150 000


17 180


61 254


228 434





At 31 December 2011




1 281 309




41 750




125 722




1 448 781






At 1 January 2010




995 000




19 710




29 250




1 043 960





Member States contribution called during the year


130 000


—


—


130 000




Unused interest subsidies


6 309


—


—


6 309




Profit for the year 2010


—


—


35 218


35 218




Total other comprehensive income for the year


—


4 860


—


4 860





Changes in contributors’ resources



136 309


4 860


35 218


176 387





At 31 December 2010




1 131 309




24 570




64 468




1 220 347





3.4   STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 31 DECEMBER 2011








 


From 01.01.2011 to 31.12.2011


From 01.01.2010 to 31.12.2010





OPERATING ACTIVITIES





Profit for the financial year


61 254


35 218




Adjustments


 


 




Impairment on available-for-sale financial assets


3 172


3 714




Net change in impairment on loans and receivables


–27 452


–25 428




Interest capitalised on loans and receivables


–10 512


–13 239




Change in accrued interest and amortised cost on loans and receivables


–2 801


– 466




Increase in deferred income


3 424


5 262




Effect of exchange rate changes on loans


–15 337


–24 626




Effect of exchange rate changes on available-for-sale financial assets


34


– 538




Profit on operating activities before changes in operating assets and liabilities


11 782


–20 103




Loan disbursements


– 237 040


– 206 952




Repayments of loans


104 410


119 724




Fair value changes on derivatives


7 534


12 082




Increase in available-for-sale financial assets


–67 829


–50 952




Sale of available-for-sale financial assets


24 971


22 414




Decrease/increase in other assets


2 756


–2 247




Increase/decrease in other liabilities


173


– 620




Increase/decrease in other amounts payable to the European Investment Bank


4 144


–2 324





Net cash flows from operating activities



– 149 099


– 128 978





FINANCING ACTIVITIES





Contribution received from Member States


136 345


187 310




Amounts received from Member States with regard to interest subsidies


76 345


40 000




Amounts paid on behalf of Member States with regard to interest subsidies


–22 899


–16 802





Net cash flows from financing activities



189 791


210 508





Net increase in cash and cash equivalents



40 692


81 530




Cash and cash equivalents at beginning of financial year


411 587


330 057





Cash and cash equivalents at the end of the financial year



452 279


411 587




3.5   NOTES TO THE FINANCIAL STATEMENTS

1   GENERAL INFORMATION

The Investment Facility (“the Facility” or “IF”) has been established within the framework of the Cotonou Agreement (the “Agreement”) on co-operation and development assistance negotiated between the African, Caribbean and Pacific Group of States (the “ACP States”) and the European Union and its Member States on 23 June 2000, revised on 25 June 2005 and 23 June 2010.
Financing under the Agreement is provided from EU Member States’ budgets and is disbursed according to financial protocols defined for successive five- to six-year periods. Within the framework of the Agreement and following the entry into force of a second financial protocol on 1st July 2008 (covering the period 2008-2013), referred to as the 10th European Development Fund (“EDF”), the European Investment Bank (“EIB” or “the Bank”) is entrusted with the management of:






—


the Facility, a EUR 3 185,5 million risk-bearing revolving fund geared to fostering private sector investment in ACP countries of which EUR 48,5 million are allocated to Overseas Countries and territories (“OCT countries”);










—


grants for the financing of interest rate subsidies worth EUR 400 million for ACP countries and EUR 1,5 million for OCT countries. Up to 10 % of these subsidies can be used to fund project-related technical assistance.




On a proposal from the Management Committee of EIB, the Board of Directors of EIB adopted the Financial Statements on 15 March 2012 and authorised their submission to the Board of Governors for approval by 30 April 2012.
2   SIGNIFICANT ACCOUNTING POLICIES

2.1   
Basis of preparation – Statement of compliance


In 2011, the Facility applied International Financial Reporting Standards (IFRS) as adopted by the European Union for the preparation of its financial statements and this adoption was done according to IFRS 1 “First-time Adoption of IFRS” using 1 January 2011 as the transition date.
2.2   
Significant accounting judgments and estimates


The preparation of financial statements requires the use of accounting estimates. It also requires the European Investment Bank’s Management to exercise its judgment in the process of applying the Investment Facility’s accounting policies. The areas involving a higher degree of judgment or complexity, or areas where assumptions and estimates are significant to the financial statements are disclosed hereafter.
The most significant use of judgments and estimates are as follows:

Fair value of financial instruments

Where the fair values of financial assets and financial liabilities recorded on the statement of financial position cannot be derived from active markets, they are determined using a variety of valuation techniques that include the use of mathematical models. The input to these models is taken from observable markets where possible, but where this is not feasible, a degree of judgment is required in establishing fair values. The judgments include considerations of liquidity and model inputs such as correlation and volatility for derivatives with maturity of more than three months.

Impairment losses on loans and receivables

The Facility reviews its problem loans and receivables at each reporting date to assess whether an allowance for impairment should be recorded in the statement of comprehensive income. In particular, judgment by the European Investment Bank’s Management is required in the estimation of the amount and timing of future cash flows when determining the level of allowance required. Such estimates are based on assumptions about a number of factors and actual results may differ, resulting in future changes to the allowance. In addition to specific allowance against individually significant loans and receivables, the Facility may also book a collective impairment allowance against exposures which, although not specifically identified as requiring a specific allowance, have a greater risk of default than when originally granted.
In principle, a loan is considered as impaired when payment of interest and principal are past due by 90 days or more and, at the same time, the European Investment Bank’s Management considers that there is an objective indication of impairment.

Valuation of unquoted available-for-sale equity investments

Valuation of unquoted available-for-sale equity investments is normally based on one of the following:






—


recent arms length market transactions;










—


current fair value of another instrument that is substantially the same;










—


the expected cash flows discounted at current rates applicable for items with similar terms and risk characteristics; or










—


other valuation models.




The determination of the cash flows and discount factors for unquoted available-for-sale equity investments requires significant estimation. The Facility calibrates the valuation techniques periodically and tests them for validity using either price from observable current market transactions in the same instrument or from other available observable market data.

Impairment of available-for-sale financial assets

The Facility treats available-for-sale equity investments as impaired when there has been a significant or prolonged decline in the fair value below its cost or where other objective evidence of impairment exists. The determination of what is “significant” or “prolonged” requires judgment. The Facility treats “significant” generally as 30 % or more and “prolonged” greater than 12 months. In addition, the Facility evaluates other factors, including normal volatility in share price for quoted equities and the future cash flows and the discount factors for unquoted equities.
2.3   
Change in accounting policies


For the preparation of its Financial Statements as at 31 December 2011, the Facility has changed its accounting policies from accounting policies guided by IFRS as adopted by the European Union to accounting policies based on IFRS as adopted by the European Union. The management of EIB believes that this accounting policy change will provide more relevant information about the Facility’s transactions and financial situation. The change of accounting policies does not have any effects on the Facility’s statement of financial position, statement of comprehensive income, statement of changes in contributors’ resources or statement of cash flows. Changes only affect the Risk Management note to the financial statements prepared in accordance with IFRS 7 as well as fair value disclosures for financial instruments in accordance with IFRS 7.
A number of new applicable standards, amendments to standards and interpretations are effective for annual periods beginning after 1 January 2012, and have not been applied in preparing these financial statements.
IFRS 9   Financial instruments

The first step in a three part project by the IASB to replace IAS 39 Financial instruments, this standard redefines the categories of financial assets and liabilities and their accounting treatment. The standard remains ‘work in progress’ and it will eventually replace IAS39 in its entirety. The current effective date for adoption of the latest revision of the standard is 1 January 2013 with a proposed effective date of 1 January 2015. The Facility does not plan to adopt this standard early and the extent of the impact has not yet been determined.
The following two applicable standards were issued in 2011, all with an effective date of 1 January 2013. The impact of the adoption of these standards on the Facility’s financial statements has not yet been determined.
IFRS 12   Disclosure of interests in other entities

The objective of this standard is to require the disclosure of information that enables users of financial statements to evaluate the nature of, and risks associated with, its interests in other entities and the effects of those interests on its financial position, financial performance and cash flows.
IFRS 13   Fair value measurement

This standard defines fair value, sets out a framework for measuring fair value and requires disclosures about fair value measurements.
2.4   
Summary of significant accounting policies


2.4.1   Foreign currency translation

The Facility uses the Euro (EUR) for presenting its financial statements, which is also the functional currency.
Foreign currency transactions are translated, at the exchange rate prevailing on the date of the transaction.
Monetary assets and liabilities denominated in currencies other than Euro are translated into Euro at the exchange rate prevailing at the balance sheet date. The gain or loss arising from such translation is recorded in the statement of comprehensive income.
Non-monetary items that are measured in terms of historical cost in a foreign currency are translated using the exchange rates at the dates of the initial transactions. Non-monetary items measured at fair value in a foreign currency are translated using the exchange rates at the date when the fair value was determined.
Exchange differences arising on the settlement of transactions at rates different from those at the date of the transaction, and unrealised foreign exchange differences on unsettled foreign currency monetary assets and liabilities, are recognised in the statement of comprehensive income.
The elements of the statement of comprehensive income are translated into Euro on the basis of the exchange rates prevailing at the end of each month.
2.4.2   Cash and cash equivalents

The Facility defines cash and cash equivalents as current accounts, short-term deposits or commercial papers with original maturities of three months or less.
2.4.3   Financial assets other than derivatives

Financial assets are accounted for using the settlement date basis.

Loans

Loans originated by the Facility are recognised in the assets of the Facility when cash is advanced to borrowers. They are initially recorded at cost (net disbursed amounts), which is the fair value of the cash given to originate the loan, including any transaction costs, and are subsequently measured at amortised cost, using the effective yield method, less any provision for impairment or uncollectability.

Available-for-sale financial assets

Available-for-sale financial assets are those which are designated as such or do not qualify to be classified as designated at fair value through profit or loss, held-to-maturity or loans and receivables. They include equity instruments and investments in venture capital funds.
After initial measurement, available-for-sale financial assets are subsequently carried at fair value. Note the following details for the fair value measurement of equity investments, which cannot be derived from active markets:
a.   Venture capital funds
The fair value of each venture capital fund is based on the latest available Net Asset Value (NAV), reported by the fund, if calculated based on international valuation guidelines recognised to be in line with IFRS (for example: the International Private Equity and Venture Capital Valuation guidelines, IPEV Guidelines, as published by the European Venture Capital Association). The Facility may however decide to adjust the NAV reported by the fund if there are issues that may affect the valuation.
b.   Direct equity investments
The fair value of the investment is based on the latest set of financial statements available, re-using, if applicable, the same model as the one used at the acquisition of the participation.
Unrealised gains or losses on venture capital funds and direct equity investments are reported in contributors’ resources until such investments are sold, collected or disposed of, or until such investments are determined to be impaired. If an available-for-sale investment is determined to be impaired, the cumulative unrealised gain or loss previously recognised in equity is included in the statement of comprehensive income.
For unquoted investment, the fair value is determined by applying recognised valuation techniques (for example discounted cash flows or multiple). These investments are accounted for at cost when the fair value cannot be reliably measured.
The participations acquired by the Facility typically represent investments in private equity or venture capital funds. According to industry practice, such investments are generally investments jointly subscribed by a number of investors, none of whom is in a position to individually influence the daily operations and the investment activity of such fund. As a consequence, any membership by an investor in a governing body of such fund does not in principle entitle such investor to influence the day-to-day operations of the fund. In addition, individual investors in a private equity or a venture capital fund do not determine policies of a fund such as distribution policies on dividends or other distributions. Such decisions are typically taken by the management of a fund on the basis of the shareholders agreement governing the rights and obligations of the management and all shareholders of the fund. The shareholders’ agreement also generally prevents individual investors from bilaterally executing material transactions with the fund, interchanging managerial personnel or obtaining privileged access to essential technical information. The Facility’s investments are executed in line with the above stated industry practice, ensuring that the Facility neither controls nor exercises any form of significant influence within the meaning of IAS 27 and IAS 28 over any of these investments, including those investments in which the Facility holds over 20 % of the voting rights.

Guarantees

At initial recognition, the financial guarantees are recognised at fair value corresponding to the Net Present Value (NPV) of expected premium inflows. This calculation is performed at the starting date of each transaction and is recognised on balance sheet as “Financial guarantees” under “other assets” and “other liabilities”.
Subsequent to initial recognition, the Facility’s liabilities under such guarantees are measured at the higher of:






—


the best estimate of expenditure required to settle any financial obligation arising as a result of the guarantee, which is estimated based on all relevant factors and information existing at the date of the statement of financial position.










—


the amount initially recognised less cumulative amortisation. The amortisation of the amount initially recognised is done using the actuarial method.




Any increase or decrease in the liability relating to financial guarantees is taken to the statement of comprehensive income under “fee and commission income”.
The Facility’s assets under such guarantee are subsequently amortized using the actuarial method and tested for impairment.
In addition, when a guarantee agreement is signed, it is presented as a contingent liability for the Facility and when the guarantee is engaged, as a commitment for the Facility.
2.4.4   Impairment of financial assets

The Facility assesses at each balance sheet date whether there is any objective evidence that a financial asset is impaired. A financial asset or a group of financial assets is deemed to be impaired if, and only if, there is objective evidence of impairment as a result of one or more events that has occurred after the initial recognition of the asset (an incurred “loss event”) and that loss event has an impact on the estimated future cash flows of the financial asset or the group of financial assets that can be reliably estimated. Evidence of impairment may include indications that the borrower or a group of borrowers is experiencing significant financial difficulty, default or delinquency in interest or principal payments, the probability that they will enter into bankruptcy or other financial reorganisation and where observable data indicate that there is a measurable decrease in the estimated future cash flows, such as changes in arrears or economic conditions that correlate with defaults.
For the loans outstanding at the end of the financial year and carried at amortised cost, impairments are made when presenting objective evidence of risks of non recovery of all or part of their amounts according to the original contractual terms or the equivalent value. If there is objective evidence that an impairment loss has been incurred, the amount of the loss is measured as the difference between the assets carrying amount and the present value of estimated future cash flows. The carrying amount of the asset is reduced through the use of an allowance account and the amount of the loss is recognised in the statement of comprehensive income. Interest income continues to be accrued on the reduced carrying amount based on the effective interest rate of the asset. Loans together with the associated allowance are written off when there is no realistic prospect of future recovery. If, in a subsequent year, the amount of the estimated impairment loss increases or decreases because of an event occurring after the impairment was recognised, the previously recognised impairment loss is increased or reduced by adjusting the allowance account.
The Facility conducts the credit risk assessments based on each individual operation and does not consider a collective impairment.
For the available-for-sale financial assets, the Facility assesses at each balance sheet date whether there is objective evidence that an investment is impaired. Objective evidence would include a significant or prolonged decline in the fair value of the investment below its costs. Where there is evidence of impairment, the cumulative loss (measured as the difference between the acquisition cost and the current fair value, less any impairment loss on that investment previously recognised in the statement of comprehensive income) is removed from contributors’ resources and recognised in the statement of comprehensive income. Impairment losses on available-for-sale financial assets are not reversed through the statement of comprehensive income; increases in their fair value after impairment are recognised directly in contributors’ resources.
The European Investment Bank’s Risk Management reviews financial assets for impairment at least once a year. Resulting adjustments include the unwinding of the discount in the statement of comprehensive income over the life of the asset, and any adjustments required in respect of a reassessment of the initial impairment.
2.4.5   Derivative financial instruments

Derivatives include cross currency swaps, cross currency interest rate swaps and currency forwards.
In the normal course of its activity, the Facility may enter into swap contracts with a view to hedge specific lending operations or into currency forward contract with a view to hedge its currency positions, denominated in actively traded currencies other than the Euro, in order to offset any gain or loss caused by foreign exchange rate fluctuations.
The Facility has not entered into any hedge accounting transactions as at December 31, 2010 and 2011. All derivatives are measured at fair value through the income statement. Fair values are derived primarily from discounted cash-flow models, option-pricing models and from third party quotes.
Derivatives are recorded at fair value and carried as assets when their fair value is positive and as liabilities when their fair value is negative. Changes in the fair value of derivative financial instruments are included in “Net result on financial operations”.
2.4.6   Contributions

Contributions from Member States are recognised as receivables in the statement of financial position on the date of the Council Decision fixing the financial contribution to be paid by the Member States to the Facility.
The Member States contributions meet the following conditions and are consequently classified as equity:






—


as defined in the contribution agreement, they entitle the Member States to decide on the utilisation of the Facility’s net assets in the events of the Facility’s liquidation;










—


they are in the class of instruments that is subordinate to all other classes of instruments;










—


all financial instruments in the class of instruments that is subordinate to all other classes of instruments have identical features;










—


the instrument does not include any features that would require classification as a liability; and










—


the total expected cash flows attributable to the instrument over its life are based substantially on the profit or loss, the change in the recognised net assets or the change in the fair value of the recognised and unrecognised net assets of the Facility over the life of the instrument.




2.4.7   Interest income on loans

Interest on loans originated by the Facility is recorded in the statement of comprehensive income (‘Interest and similar income’) and on the statement of financial position (‘Loans and receivables’) on an accrual basis using the effective interest rate, which is the rate that exactly discounts estimated future cash payments or receipts through the expected life of the loan to the net carrying amount of the loan. Once the recorded value of a loan has been reduced due to impairment, interest income continues to be recognised using the original effective interest rate applied to the new carrying amount.
2.4.8   Interest subsidies and technical assistance

As part of its activity, the Facility manages interest subsidies and technical assistance on behalf of the Member States.
The part of the Member States contributions allocated to the payment of interest subsidies is not accounted for in the Facility’s contributors’ resources but is classified as amounts owed to third parties. The Facility operates the disbursement to the final beneficiaries and then decreases the amounts owed to third parties.
When amounts contributed with regard to interest subsidies and technical assistance are not fully granted, they are reclassified as contribution to the Facility.
2.4.9   Interest income on cash and cash equivalents

Interest income on cash and cash equivalents is recognised in the statement of comprehensive income of the Facility on an accrual basis.
2.4.10   Fees, commissions and dividends

Fees received in respect of services provided over a period of time are recognised as income as the services are provided. Commitment fees are deferred and recognised in income using the effective interest method over the period from disbursement to repayment of the related loan.
Dividends relating to available-for-sale financial assets are recognised when received.
2.4.11   Taxation

The Protocol on the Privileges and Immunities of the European Communities, appended to the Treaty of 8 April 1965 establishing a Single Council and a Single Commission of the European Communities, stipulates that the assets, revenues and other property of the Institutions of the Union are exempt from all direct taxes.
3   RISK MANAGEMENT

This note presents information about the Facility's exposure to and its management and control of credit and financial risks, in particular the primary risks associated with its use of financial instruments. These are:






—


credit risk – the risk of loss resulting from client or counterparty default and arising on credit exposure in all forms, including settlement risk;










—


liquidity risk – the risk that an entity will encounter difficulty in meeting obligations associated with financial liabilities that are settled by delivering cash or another financial asset;










—


market risk – exposure to observable market variables such as interest rates, foreign exchange rates and equity market prices.




3.1   
Risk management organisation


The European Investment Bank adapts its risk management on an ongoing basis. Systems are in place to control and report on the main risks inherent in its operations, i.e. credit, market and liquidity risks.
The Risk Management of the Bank independently identifies, assesses, monitors and reports the credit and equity price risks to which the Facility is exposed. Within a framework whereby the segregation of duties is preserved, the Risk Management is independent of the Front Offices. The Director General of Risk Management reports for risk matters, to the designated Vice-President of the European Investment Bank. The designated Vice-President meets regularly with the Audit Committee to discuss topics relating to risks. He is also responsible for overseeing risk reporting to the European Investment Bank’s Management Committee and the Board of Directors.
3.2   
Credit risk


Credit risk is the potential loss that could result from client or counterparty default and arising on credit exposure in all forms, including settlement.
3.2.1.   Credit risk policy

In carrying out the credit analysis on loan counterparts, the Bank assesses credit risk with a view to quantify and pricing it. The Facility has developed an Internal Rating Methodology (IRM) for corporates or financial institutions to determine the Internal Ratings of its main borrower/guarantor beneficiary counterparts. The methodology is based on a system of scoring sheets tailored for each major credit counterpart type (e.g. Corporates, Banks, Public Sector Entities, etc). Taking into consideration both, best banking practice and the principles set under the Basel International Capital Accord (Basel II), all counterparts that are material to the credit profile of a specific transaction are classified into internal rating categories using the IRM for the specific counterpart type. Each counterpart is initially assigned to an Internal Rating reflecting the counterpart’s long-term foreign currency rating (or local currency equivalent when required) following an in-depth analysis of the counterpart’s risk profile and its country risk operating context.
The credit assessment of project finance and other structured limited recourse operations is not subject to IRM and is using credit risk tools relevant for the sector, focused mainly on cash flow availability and debt service capacity. These tools include the analysis of projects’ contractual framework, counterpart’s analysis and cash flow simulations. Similarly to corporates and financial institutions, each project is assigned to an internal risk rating and an expected loss.
All non-sovereign (or non sovereign guaranteed/assimilated) operations are subject to specific transaction-level and counterpart size limits. The maximum nominal amount of each transaction is capped by a limit which depends on the transaction expected loss. Counterpart limits are applied to consolidated exposures. Such limits typically reflect the size of counterparts own funds as well as their total external long-term funding.
In order to mitigate credit risk the Facility uses various credit enhancements which are:






—


project related securities (e.g., pledge over the shares; pledge over the assets; assignment of rights; pledge over the accounts); or/and










—


guarantees, generally provided by the sponsor of the financed project (e.g., completion guarantees, first demand guarantees).




In addition, the Facility uses seldom credit enhancements which are not immediately correlated to the project risk, like collaterals or bank guarantees.
The Facility does not use any credit derivatives to mitigate credit risk.
3.2.2.   Maximum exposure to credit risk without taking into account any collateral and other credit enhancements

The following table shows the maximum exposure to credit risk for the components of the statement of financial position, including derivatives. The maximum exposure is shown gross, before the effect of mitigation through the use of collateral.







(in EUR’000)




Maximum exposure


31.12.2011


31.12.2010





ASSETS





Cash and cash equivalents


452 279


411 587




Derivative financial instruments


434


1 376




Loans and receivables


1 033 160


844 428




Amounts receivable from contributors


87 310


100 000




Other assets


416


3 172




Total assets


1 573 599


1 360 563





OFF BALANCE SHEET





Contingent liabilities










—


Guarantees undrawn






20 000


45 000




Commitments










—


Undisbursed loans






701 092


808 865










—


Guarantees drawn






7 909


9 484




Total Off balance sheet


729 001


863 349




Total credit exposure


2 302 600


2 223 912




3.2.3.   Credit risk on loans and receivables

3.2.3.1   Credit risk measurement for loans and receivables

Each and every lending transaction undertaken by the Facility benefits from a comprehensive risk assessment and quantification of expected loss estimates that are reflected in a Loan Grading (“LG”). LGs are established according to generally accepted criteria, based on the quality of the borrower, the maturity of the loan, the guarantee and, where appropriate, the guarantor.
The loan grading (LG) system comprises the methodologies, processes, databases and IT systems supporting the assessment of credit risk in lending operations and the quantification of expected loss estimates. It summarises a large amount of information with the purpose of offering a relative ranking of loans’ credit risks. LGs reflect the present value of the estimated level of the “expected loss”, this being the product of the probability of default of the main obligors, the exposure at risk and the loss severity in the case of default. LGs are used for the following purposes:






—


as and aid to a finer and more quantitative assessment of lending risks;










—


as help in distributing monitoring efforts;










—


as a description of the loan’s portfolio quality at any given date;










—


as one input in risk-pricing decisions based on the expected loss.




The following factors enter into the determination of an LG:






i)


The borrower’s creditworthiness: RM independently reviews borrowers and assesses their creditworthiness based on internal methodologies and external data. In line with the Basel II Advanced Approach chosen, the Bank has developed an internal rating methodology (IRM) to determine the internal ratings of borrowers and guarantors. This is based on a set of scoring sheets specific to defined counterparty types.










ii)


The default correlation: it quantifies the chances of simultaneous financial difficulties arising for both the borrower and the guarantor. The higher the correlation between the borrower and the guarantor’s default probabilities, the lower the value of the guarantee and therefore the lower the LG.










iii)


The value of guarantee instruments and of securities: this value is assessed on the basis of the combination of the issuer’s creditworthiness and the type of instrument used.










iv)


The contractual framework: a sound contractual framework will add to the loan’s quality and enhance its internal grading.










v)


The loan’s duration: all else being equal, the longer the loan, the higher the risk of incurring difficulties in the servicing of the loan.




A loan’s expected loss is computed by combining the five elements discussed above. Depending on the level of this loss, a loan is assigned to one of the following LG classes listed below:






A


Prime quality loans: there are three sub-categories. A° comprises all EU sovereign risks, i.e. loans granted to or fully, explicitly and unconditionally guaranteed by Member States, where no repayment difficulties are expected and for which an unexpected loss of 0 % is allocated. A+ denotes loans granted to (or guaranteed by) entities other than Member States, with no expectation of deterioration over their duration. A- includes those lending operations where there is some doubt about the maintenance of their current status (for instance because of a long maturity, or for the high volatility of the future price of an otherwise excellent collateral), but where any downside is expected to be quite limited.










B


High quality loans: these represent an asset class with which the bank feels comfortable, although a minor deterioration is not ruled out in the future. B+ and B- are used to denote the relative likelihood of the possibility of such deterioration occurring.










C


Good quality loans: an example could be unsecured loans to solid banks and corporates with a 7-year bullet, or equivalent amortising, maturity at disbursement.










D


This rating class represents the borderline between "acceptable quality" loans and those that have experienced some difficulties. This watershed in loan grading is more precisely determined by the sub-classifications D+ and D-. Loans rated D- require heightened monitoring.










E


This LG category includes loans with a risk profile greater than generally accepted. It also includes loans which in the course of their lives have experienced severe problems and their sliding into a situation of loss cannot be excluded. For this reason, the loans are subject to close and high monitoring. The sub-classes E+ and E- differentiate the intensity of this special monitoring process, with those operations graded E- being in a position where there is a strong possibility that debt service can not be maintained on a timely basis and therefore some form of debt restructuring is required, possibly leading to an impairment loss.










F


F (fail) denotes loans representing unacceptable risks. F- graded loans can only arise out of outstanding transactions that have experienced, after signature, unforeseen, exceptional and dramatic adverse circumstances. All operations where there is a loss of principal to the Facility are graded F and a specific provision is applied.




Generally, loans internally graded D- or below are placed on the Watch List. However, if a loan was originally approved with a risk profile of D- or weaker, it will only be placed on the Watch List as a result of a material credit event causing a further deterioration of its LG classification.
The table in section 3.2.3.3 shows the credit quality analysis of the Facility’s loan portfolio based on the various LG classes as described above.
3.2.3.2   Analysis of lending credit risk exposure

The following table shows the maximum exposure to credit risk on loans signed and disbursed by nature of borrower taking into account guarantees provided by guarantors:








(in EUR ‘000)




At 31.12.2011


Guaranteed


Not guaranteed


Total




Banks


111 020


197 245



308 265





Corporates


71 300


475 012



546 312





Public institutions


37 670


—



37 670





States


6 214


134 699



140 913





Total disbursed


226 204


806 956


1 033 160





Signed not disbursed




183 918




517 174




701 092
















(in EUR ‘000)




At 31.12.2010


Guaranteed


Not guaranteed


Total




Banks


101 675


156 488



258 163





Corporates


304 283


127 611



431 894





Public institutions


36 667


—



36 667





States


6 779


110 925



117 704





Total disbursed


449 403


395 025


844 428





Signed not disbursed




279 425




529 410




808 865





3.2.3.3   Credit quality analysis per type of borrower

The tables below show the credit quality analysis of the Facility's loan portfolio as at 31 December 2011 and 31 December 2010 by the Loan Grading applications, based on the exposures signed (disbursed and undisbursed).












(in EUR'000)




At 31.12.2011


 


High Grade A to B-


Standard Grade C


Min. Accept. Risk D+


High Risk D- and below


No grading


Total




Borrower


Banks


50 002


9 674


39 966


356 629


351 476



807 747





Corporates


3 917


5 279


—


635 825


—



645 021





Public institutions


—


—


—


38 761


—



38 761





States


—


—


—


242 723


—



242 723





Total


 


53 919


14 953


39 966


1 273 938


351 476


1 734 252



















(in EUR'000)




At 31.12.2010


 


High Grade A to B-


Standard Grade C


Min. Accept. Risk D+


High Risk D- and below


No grading


Total




Borrower


Banks


4 915


19 754


16 208


335 759


359 497



736 133





Corporates


4 189


5 095


3 366


595 062


—



607 712





Public institutions


—


—


—


37 757


—



37 757





States


—


—


—


271 691


—



271 691





Total


 


9 104


24 849


19 574


1 240 269


359 497


1 653 293




3.2.3.4   Risk concentrations of loans and receivables

3.2.3.4.1   Geographical analysis

Based on the country of borrower, the Facility's loan portfolio can be analysed by the following geographical regions (in EUR ‘000):







Country of borrower


31.12.2011


31.12.2010




Regional - ACP


99 543


94 789




Uganda


117 035


102 676




Regional - West Africa


14 161


6 659




Mozambique


126 666


86 992




Mauritania


43 427


29 359




Ethiopia


84 266


52 449




Dominican Republic


66 118


55 717




Kenya


65 611


69 183




Cameroon


60 706


67 546




Zambia


43 294


50 557




Congo (Democratic Republic)


8 980


2 742




Nigeria


28 691


49 395




Regional - Pacific


20 603


29 766




Regional - Central Africa


12 109


13 838




Jamaica


59 317


30 062




Madagascar


1 253


1 503




Mauritius


12 732


14 742




Ghana


7 812


10 585




Angola


13 598


6 719




Trinidad and Tobago


1 002


5 269




Burkina Faso


12 588


14 242




Malawi


5 833


6 086




New Caledonia


4 673


1 802




Rwanda


11 197


9 600




Niger


3 950


5 935




French Polynesia


3 131


2 734




Botswana


—


1 609




Senegal


10 329


6 779




Lesotho


3 902


3 751




Vanuatu


3 917


4 189




Belize


103


729




Grenada


2 698


2 907




Gabon


1 509


2 014




Togo


53 224


—




Cape Verde


28 405


—




Djibouti


777


1 504




Total


1 033 160


844 428




3.2.3.4.2   Industry sector analysis

The table below analyses the Facility's loan portfolio by industry sector of the borrower. Operations which are first disbursed to a financial intermediary before being disbursed to the final beneficiary are reported under global loans (in EUR’000):







Industry sector of borrower


31.12.2011


31.12.2010




Global loans and agency agreements


218 912


232 581




Airlines and aircraft manufacture


103


729




Airports and air traffic management systems


31 052


30 062




Basic material and mining


135 573


119 512




Chemicals, plastics and pharmaceuticals


20 400


5 925




Drinking water, water treatment


33 247


17 074




Electricity, coal and others


358 745


320 490




Food chain


1 244


1 491




Investment goods/consumer durables


3 902


3 751




Marine transport and other


6 214


6 779




Materials processing, construction


29 025


64




Paper chain


4 840


2 603




Roads and motorways


62 856


23 125




Telecommunications


24 963


26 621




Tertiary and other


102 084


53 620




Total


1 033 160


844 428




3.2.3.5   Arrears on loans

Amounts in arrears are identified, monitored and reported according to a set of procedures called “Guidelines for the Monitoring of late payments”.
The monitoring and reporting of amounts in arrears is generally managed by the Late Payment Unit (“LPU”) of EIB’s Transaction Management and Restructuring Directorate. LPU prepares a monthly report on unpaid loan instalments of the Facility, including a table comparing arrears of more than eight days from month to month. The monthly report gives a detailed indication of the steps already taken or to be taken by country, loan and instalment.
In addition, a monthly report on loans overdue by more than 90 days is prepared and sent to the European Commission. Twice a year the EIB management committee receives a summary table on arrears for loans overdue by more than 30 days and 90 days as well as a report including comparative information on the annual and semi-annual evolution of arrears.
The arrears of payments on concerned loans can be analysed as follows (in EUR’000):








 


Instalments overdue more than 30 days


Instalments overdue more than 90 days


Instalments overdue more than 180 days




31.12.2011


14 087


10 179


10 146




31.12.2010


8 224


4 461


4 366




3.2.4.   Credit risk on cash and cash equivalents

Available funds are invested in accordance with the Facility’s schedule of contractual disbursement obligations. As of 31.12.2011, investments were only in the form of bank deposits and other short-term financial instruments. Investments in medium and long-term bonds could also be eligible, according to the investment guidelines and depending on liquidity requirements.
The minimum short term rating required for authorised banks or issuers is A-1/P-1/F1 (Moody’s, S&P, Fitch). In case of different ratings being granted by more than one credit rating agency, the lowest rating governs. The maximum authorized limit for each authorised bank or issuer is currently EUR 50 000 000 (fifty million euro).
The deposits are executed with authorised entities with a maximum maturity of three months from trading date and up to the credit exposure limit.
As at 31 December 2011 and 31 December 2010 all bank deposits and short term commercial papers held by the Facility had a minimum rating of P-2 according to Moody’s.
The following table shows the situation of bank deposits including accrued interest (in EUR’000):










Minimum short-term rating


Moody's rating


31.12.2011


31.12.2010




P-1


A1


117 603


26 %


138 724


36 %




P-1


A2


179 938


40 %


18 822


5 %




P-1


Aa2


28 622


6 %


118 562


31 %




P-1


Aa3


105 547


24 %


110 527


29 %




P-2


A3


17 441


4 %


—


—




Total


 


449 151


100 %


386 635


100 %




The following table shows the situation of short term commercial papers (in EUR’000):










Minimum short-term rating


Moody's rating


31.12.2011


31.12.2010




P-1


A1


—


—


21 473


100 %




Total


 


—


—


21 473


100 %




3.2.5.   Credit risk on derivatives

3.2.5.1   Credit risk policy of derivatives

The credit risk with respect to derivatives is represented by the loss which a given party would incur where the other counterparty to the deal would be unable to honour its contractual obligations. The credit risk associated with derivatives varies according to a number of factors (such as interest and exchange rates) and generally corresponds to only a small portion of their notional value.
In the normal course of its activity, the Facility may enter into swap contracts with a view to hedge specific lending operations or into currency forward contracts, with a view to hedge its currency positions denominated in actively traded currencies other than the Euro. All the swaps are executed by the European Investment Bank with an external counterpart. The swaps are disciplined by the same Master Swap Agreements and Credit Support Annexes signed between the European Investment Bank and its external counterparts.
3.2.5.2   Credit risk measurement for derivatives

All the swaps executed by the European Investment Bank that are related to the Facility are treated within the same contractual framework and methodologies applied for the derivatives negotiated by the European Investment Bank for its own purposes. In particular, eligibility of swap counterparts is determined by the European Investment Bank based on the same eligibility conditions applied for its general swap purposes.
The European Investment Bank measures the credit risk exposure related to swaps and derivatives transactions using the Net Market Exposure (NME) and Potential Future Exposure (PFE) approach for reporting and limit monitoring. The NME and the PFE fully include the derivatives related to the Investment Facility.
The following table shows the maturities of swap contracts (including cross currency swaps, cross currency interest rate swaps and excluding short-term currency swaps), sub-divided according to their notional amount and fair value:










(in EUR' 000)




Swap contracts at 31.12.2011


less than 1 year


1 year to 5 years


5 years to 10 years


more than to 10 years


Total 2011




Notional amount


7 042


43 593


16 899


—



67 534





Fair Value (i.e. net discounted value)


– 674


–1 331


–3 869


—



–5 874


















(in EUR' 000)




Swap contracts at 31.12.2010


less than 1 year


1 year to 5 years


5 years to 10 years


more than to 10 years


Total 2010




Notional amount


431


37 822


65 514


1 440



105 207





Fair Value (i.e. net discounted value)


–6


– 728


–3 787


– 213



–4 734





The Facility enters into short-term currency swap contracts in order to hedge currency risk on loan disbursements in currencies different from EUR. Short-term currency swaps have a maturity of maximum three months and are regularly rolled-over.
The notional amount of short-term currency swaps stood at EUR 585 million at 31 December 2011 against EUR 458 million at 31 December 2010. The fair value of short-term currency swaps amounts EUR – 6,4 million at 31 December 2011 against EUR nil at 31 December 2010.
3.3   
Liquidity risk


Liquidity risk represents the risk that an entity will encounter difficulty in meeting obligations associated with financial liabilities that are settled by delivering cash or another financial asset.
The IF is primarily funded by annual contributions from Member States (9th and 10th EDF resources) and secondly by reflows stemming from IF operations. Each year, the EC, taking into account EIB’s forecasts concerning the management and operations of the IF, shall establish and communicate to the Council by 15 October a statement of the commitments, payments and the annual amount of the calls for contributions (interest subsidies included) to be made in the current and the following budget years.
In order to calculate Member States annual contributions, disbursement pattern of the existing and pipelined portfolio is analysed and followed up throughout the year. Special events, such as early reimbursements, sales of shares or default cases are taken into account to correct annual liquidity requirements. To further minimize the liquidity risk, the Facility maintains a liquidity reserve sufficient to cover at any point in time forecasted disbursements, as communicated periodically by OPS.
The treasury assets of the accounts opened in the name of the IF are managed by the Bank’s Treasury Department. In accordance with the principle of segregation of duties between the Front and Back Office. Settlement operations related to the investment of these assets are under the responsibility of the Planning and Settlement of Operations Department.
Where so required for operational reasons in the judgment of the managers of the Front and Back Offices during their day-to-day management of the treasury assets, the Bank’s Liquidity and Cash flows Operational Committee (LICOCOM), a body meeting on a weekly basis, bringing together the Financial, Lending and Risk Management units will rule specifically on the problems raised and the appropriate solutions. Operational requirements falling outside the framework of day-to-day management of the assets, and the appropriate solutions adopted will be submitted to the EC for agreement in principle.
Further, according to the principle of segregation of duties, the authorisation of counterparts and limits for treasury investments, as well as the monitoring of such limits, are the responsibility of the Bank’s Risk Management Directorate.
The table below sets out the Facility’s assets and liabilities by relevant maturity groupings based on the remaining period to the contractual maturity date:











(in EUR’000)




At 31 December 2011


Up to 3 months


3 to 12 months


1 to 5 years


Over 5 years


Undefined


Total





ASSETS





Cash and cash equivalents


452 279


—


—


—


—


452 279




Derivative financial instruments


—


15


419


—


—


434




Loans and receivables


62 505


14 649


118 795


837 211


—


1 033 160




Available for sale financial assets


—


—


—


236 446


15 214


251 660




Amounts receivable from contributors


87 310


—


—


—


—


87 310




Other assets


122


—


—


294


—


416




Total assets


602 216


14 664


119 214


1 073 951


15 214


1 825 259





LIABILITIES AND CONTRIBUTORS’ RESOURCES






Liabilities





Derivative financial instruments


6 469


615


1 749


3 869


—


12 702




Deferred income


505


—


—


32 498


—


33 003




Amount owed to third parties


329 660


—


—


—


—


329 660




Other liabilities


178


—


—


935


—


1 113




Total liabilities


336 812


615


1 749


37 302


—


376 478





Contributors’ resources





Member States Contribution called


—


—


—


—


1 281 309


1 281 309




Fair value reserve


—


—


—


31 873


9 877


41 750




Retained earnings


—


—


—


—


125 722


125 722




Total Contributors’ resources


—


—


—


31 873


1 416 908


1 448 781




Total liabilities and Contributors’ resources


336 812


615


1 749


69 175


1 416 908


1 825 259


















At 31 December 2010


Up to 3 months


3 to 12 months


1 to 5 years


Over 5 years


Undefined


Total





ASSETS





Cash and cash equivalents


411 587


—


—


—


—


411 587




Derivative financial instruments


—


3


572


801


—


1 376




Loans and receivables


7 431


7 146


131 222


698 629


—


844 428




Available for sale financial assets


—


—


—


171 637


23 191


194 828




Amounts receivable from contributors


100 000


—


—


—


—


100 000




Other assets


2 822


—


—


—


350


3 172




Total assets


521 840


7 149


131 794


871 067


23 541


1 555 391





LIABILITIES AND CONTRIBUTORS’ RESOURCES






Liabilities





Derivative financial instruments


—


10


1 300


4 800


—


6 110




Deferred income


—


—


—


92


29 487


29 579




Amounts owed to third parties


298 415


—


—


—


—


298 415




Other liabilities


169


419


—


352


—


940




Total liabilities


298 584


429


1 300


5 244


29 487


335 044





Contributors’ resources





Member States Contribution called


—


—


—


—


1 131 309


1 131 309




Fair value reserve


—


—


—


10 113


14 457


24 570




Retained earnings


—


—


—


—


64 468


64 468




Total Contributors’ resources


—


—


—


10 113


1 210 234


1 220 347




Total liabilities and Contributors’ resources


298 584


429


1 300


15 357


1 239 721


1 555 391




3.4   
Market risk


Market risk represents the risk that changes in market prices, such as interest rates, equity prices, foreign exchange rates and credit spreads (not relating to changes in the issuer's credit standing) will affect an entity’s income or the value of its holdings in financial instruments.
3.4.1.   Interest rate risk

Interest rate risk is the volatility in the economic value of, or in the income derived from, the Facility's positions due to adverse movements in market yields or the term structure of interest rates. Exposure to interest rate risk occurs when there are differences in repricing and maturity characteristics of the different assets and liabilities.
The Facility does not manage the interest rate risk.
The following table below summarises the Facility's exposure to interest rate through its loans and receivables (in EUR’000):







 


31.12.2011


31.12.2010




Fixed rate interest


516 175


412 428




Floating rate interest


516 985


432 000




Total


1 033 160


844 428




3.4.2.   Foreign exchange risk

Foreign exchange (“FX”) risk is the volatility in the economic value of, or in the income derived from, the Facility's positions due to adverse movements of foreign exchange rates.
The Facility is exposed to foreign exchange risk whenever there is a currency mismatch between its assets and liabilities. Foreign exchange risk also comprises the effect of unexpected and unfavourable changes in the value of future cash flows caused by currency movements.
3.4.2.1   Foreign exchange risk and treasury assets

The IF’s treasury assets are denominated either in EUR or USD.
FX risk is hedged by means of FX spot or forward transactions, FX swaps or cross-currency swaps. The Bank’s Treasury Department can, where deemed necessary and appropriate, use any other instrument, in line with the Bank’s policy, that provide protection against market risks incurred in connection with the IF’s financial activities.
3.4.2.2   Foreign exchange risk and operations financed or guaranteed by the IF

Member States’ IF contributions are received in EUR. The operations financed or guaranteed by the IF as well as Interest Rate Subsidies can be denominated in EUR, USD or any other authorized currency.
A foreign exchange risk exposure (against the EUR reference currency) arises whenever transactions denominated in currencies other than the EUR are left un-hedged. The IF’s foreign exchange risk hedging guidelines are set out below.
3.4.2.2.1.   Hedging of operations denominated in currencies other than EUR or USD







—


IF loans disbursed in currencies other than EUR and USD shall be hedged through cross-currency swap contracts with the same financial profile as the underlying Loan, provided that a swap market is operational.










—


For disbursements under IF Operations made in a currency other than EUR and USD, and for which a long-term hedging operation is not undertaken, the Treasury Department shall enter into a foreign exchange transaction two business days prior to the disbursement. The conversion rate applied to IF Operations shall correspond to the market exchange rate obtained by the Treasury Department. Similarly, for repayments received in a currency other than EUR and USD, the Treasury Department shall undertake an FX operation where necessary to convert the currencies received.










—


Uncalled guarantees are not subject to any FX hedging. Guarantee calls in currencies other than EUR and USD will be hedged.










—


Operations in currencies other than EUR and USD for which no FX hedging operation can be undertaken by the Treasury Department shall be left un-hedged. This also includes (synthetic) operations denominated in local currency but settled in EUR or USD. The IF shall remain exposed to the FX risk incurred thereby.




3.4.2.2.2.   Hedging of operations denominated in USD







—


The total outstanding amount of all IF Operations (except uncalled Guarantees) denominated in USD shall be hedged by means of USD/EUR FX swaps, rolled over on a periodic basis. At the beginning of each period, the cash flows to be received or paid in USD during the next period shall be estimated on the basis of planned or expected reflows/disbursements. Subsequently, the maturing FX swaps shall be rolled over, their amount being adjusted to cover at least the USD liquidity needs projected over the next period.










—


A periodic calculation of the overall USD exposure as per the accounting records will be undertaken to adjust, if necessary, the hedge on the next FX swap roll.










—


If deemed operationally convenient by the Treasury Department, cross-currency swaps can also be used to hedge specific USD Loans.










—


Within a roll-over period, unexpected USD liquidity deficits shall be covered by means of ad hoc FX swap operations while liquidity surpluses shall either be invested in treasury assets or swapped into EUR.










—


At all times, the total outstanding un-hedged amount from USD transactions (in nominal terms) shall never exceed USD 5 000 000 (five million US dollars). This limit shall be adjusted annually. In case of breach of this limit, the Treasury Department shall bring the exposure back within limits by means of an FX operation.




The following tables show the Facility's foreign exchange position (in EUR’000):










At 31 December 2011


EUR


USD


CAD


ACP/OCT Currencies


Total





ASSETS





Cash and cash equivalents


416 384


35 895


—


—


452 279




Derivative financial instruments


13 419


–12 985


—


—


434




Loans and receivables


477 340


501 923


—


53 897


1 033 160




Available-for-sale financial assets


54 287


186 525


4 303


6 545


251 660




Amounts receivable from contributors


87 310


—


—


—


87 310




Other assets


50


—


—


366


416




Total assets


1 048 790


711 358


4 303


60 808


1 825 259





LIABILITIES AND CONTRIBUTORS’ RESOURCES






Liabilities





Derivative financial instruments


– 641 758


654 460


—


—


12 702




Deferred income


32 689


314


—


—


33 003




Amounts owed to third parties


329 598


62


—


—


329 660




Other liabilities


691


19


—


403


1 113




Total liabilities


– 278 780


654 855


—


403


376 478





Contributors’ resources





Member States Contribution called


1 281 309


—


—


—


1 281 309




Fair value reserve


41 750


—


—


—


41 750




Retained earnings


125 722


—


—


—


125 722




Total Contributors’ resources


1 448 781


—


—


—


1 448 781




Total liabilities and Contributors’ resources


1 170 001


654 855


—


403


1 825 259





Currency position as at 31 December 2011




– 121 211




56 503




4 303




60 405



—





As at 31 December 2011:



 


 


 


 


 





COMMITMENTS





Un-disbursed loans and available-for-sale financial assets


761 319


204 340


—


—



965 659





Guarantees drawn


—


—


—


7 909



7 909






CONTINGENT LIABILITIES





Guarantees undrawn


—


—


—


20 000



20 000


















At 31 December 2010


EUR


USD


CAD


ACP/OCT Currencies


Total





ASSETS





Cash and cash equivalents


378 570


33 017


—


—


411 587




Derivative financial instruments


332 399


– 331 023


—


—


1 376




Loans and receivables


385 187


403 417


—


55 824


844 428




Available-for-sale financial assets


40 184


137 505


12 444


4 695


194 828




Amounts receivable from contributors


100 000


—


—


—


100 000




Other assets


2 742


—


—


430


3 172




Total assets


1 239 082


242 916


12 444


60 949


1 555 391





LIABILITIES AND CONTRIBUTORS’ RESOURCES






Liabilities





Derivative financial instruments


–69 815


75 925


—


—


6 110




Deferred income


29 235


344


—


—


29 579




Amounts owed to third parties


298 415


—


—


—


298 415




Other liabilities


577


1


—


362


940




Total liabilities


258 412


76 270


—


362


335 044





Contributors’ resources





Member States Contribution called


1 131 309


—


—


—


1 131 309




Fair value reserve


24 570


—


—


—


24 570




Retained earnings


64 468


—


—


—


64 468




Total Contributors’ resources


1 220 347


—


—


—


1 220 347




Total liabilities and Contributors’ resources


1 478 759


76 270


—


362


1 555 391





Currency position as at 31 December 2010




– 239 677




166 646




12 444




60 587



—





As at 31 December 2010:



 


 


 


 


 





COMMITMENTS





Un-disbursed loans and available-for-sale financial assets


858 279


236 035


—


—



1 094 314





Guarantees drawn


—


—


—


9 484



9 484






CONTINGENT LIABILITIES





Guarantees undrawn


45 000


—


—


—



45 000





3.4.3.   Equity price risk

Equity price risk is the risk that the fair values of equities decrease as the result of changes in the levels of equity indices and the value of individual equity investments.
The IF is exposed to equity price risk via its venture capital investments, i.e. investments in direct equity and venture capital funds.
Equity investments are subject to scoring. Each investment is assessed on several criteria ranging in three main categories: management, business plan and structure. Individual cores are then consolidated into a single overall score assigned to the investment and summarizing its global strength.
Equity risk exposures are also subject to limits, defined at both individual and cumulated levels. The size of such limits depends on the quality of the equity investments.
4   FAIR VALUES OF ASSETS AND LIABILITIES

The table below sets out a comparison by category of the carrying amounts and fair values of the Facility’s assets and liabilities that are carried in the financial statements (in EUR’000):









 


Carrying value
31.12.2011


Fair Value
31.12.2011


Carrying value
31.12.2010


Fair Value
31.12.2010





Assets carried at fair value





Available-for-sale financial assets


251 660


251 660


194 828


194 828




Derivative financial instruments


434


434


1 376


1 376




Total


252 094


252 094


196 204


196 204





Assets carried at amortised cost





Cash and cash equivalents


452 279


452 279


411 587


411 587




Loans and receivables


1 033 160


1 022 679


844 428


844 428




Amounts receivable from contributors


87 310


87 310


100 000


100 000




Other assets


416


416


3 172


3 172




Total


1 573 165


1 562 684


1 359 187


1 359 187




Total assets


1 825 259


1 814 778


1 555 391


1 555 391





Liabilities carried at fair value





Derivative financial instruments


12 702


12 702


6 110


6 110




Total


12 702


12 702


6 110


6 110





Liabilities carried at amortised cost





Deferred income


33 003


33 003


29 579


29 579




Amounts owed to third parties


329 660


329 660


298 415


298 415




Other liabilities


1 113


1 113


940


940




Total


363 776


363 776


328 934


328 934




Total liabilities


376 478


376 478


335 044


335 044




The following describes the methodologies and assumptions used to determine the fair value of the assets and the liabilities:


Assets for which fair value approximates carrying value


For assets and liabilities that are liquid or having a short term maturity less than three months, it is assumed that the carrying amounts approximate to their fair value.


Assets and liabilities recorded at their fair value


Published price quotations in an active market are the first source for determining the fair value of a financial instrument. Due to the investment scope of the Facility’s portfolio those are rarely available. For instruments without available market price, fair values are estimated using valuation techniques or models based whenever possible on observable market data prevailing at the balance sheet date.
The following table analyses financial assets designated at fair value by valuation method. The different levels have been defined as follows:






—


Level 1: quoted prices (unadjusted) in active markets;










—


Level 2: inputs other than quoted prices included within level 1 that are observable for the asset, either directly (i.e. as prices) or indirectly (i.e. derived from prices);










—


Level 3: inputs for the asset that are not based on observable market data (unobservable inputs).













(in EUR'000)




At 31 December 2011


Level 1


Level 2


Level 3


Total





Financial assets





Derivative financial instruments


—


434


—


434




Available-for-sale financial assets


15 214


—


236 446


251 660




Total


15 214


434


236 446


252 094





Financial liabilities





Derivative financial instruments


—


12 702


—


12 702




Total


—


12 702


—


12 702
















(in EUR'000)




At 31 December 2010


Level 1


Level 2


Level 3


Total





Financial assets





Derivative financial instruments


—


1 376


—


1 376




Available-for-sale financial assets


23 190


—


171 638


194 828




Total


23 190


1 376


171 638


196 204





Financial liabilities





Derivative financial instruments


—


6 110


—


6 110




Total


—


6 110


—


6 110




In 2011 the Facility did not made transfers from Level 1 to 2 or Level 2 to 1 of the fair value hierarchy.
The following tables present the changes in Level 3 instruments for the year ended 31 December 2011 and 31 December 2010:






(in EUR'000)




 


Available-for-sale financial assets





Balance at 1 January 2011




171 638





Total gains or losses


 










—


in profit or loss






–3 206










—


in other comprehensive income






21 759




Disbursements


67 829




Repayments


–21 574




Balance at 31 December 2011


236 446













(in EUR'000)




 


Available-for-sale financial assets





Balance at 1 January 2010




151 049





Total gains or losses


 










—


in profit or loss






–3 176










—


in other comprehensive income






–4 773




Disbursements


50 952




Repayments


–22 414




Balance at 31 December 2010


171 638




5   CASH AND CASH EQUIVALENTS (in EUR’000)
The cash and cash equivalents can be broken down between the funds received from the Member States and not yet disbursed and the funds from the Facility’s operational and financial activities.







 


31.12.2011


31.12.2010




Member states contributions received and not yet disbursed


195 205


33 128




Funds from the Facility’s financial and operational activities


257 074


378 459




Cash and cash equivalents


452 279


411 587




6   DERIVATIVE FINANCIAL INSTRUMENTS (in EUR’000)
The main components of derivative financial instruments are as follows:








At 31 December 2011


Fair Value


Notional amount




Assets


Liabilities




Cross currency swaps


434


– 953


29 376




Cross currency interest rate swaps


—


–5 355


38 158




Short-term currency swaps


—


–6 394


585 000




Derivative financial instruments


434


–12 702


 















At 31 December 2010


Fair Values


Notional amount




Assets


Liabilities




Cross currency swaps


1 235


– 945


47 526




Cross currency interest rate swaps


141


–5 165


57 681




Short-term currency swaps


—


—


458 000




Derivative financial instruments


1 376


–6 110


 




7   LOANS AND RECEIVABLES (in EUR’000)
The main components of loans and receivable are as follows:









 


Global loans (24)



Senior loans


Subordinated loans


Total





Nominal as at 1 January 2011




246 500




542 322




123 910




912 732





Disbursements


25 689


211 351


—


237 040




Write offs


—


—


–2 000


–2 000




Repayments


–48 554


–51 712


–4 144


– 104 410




Interest capitalised


—


459


10 053


10 512




Foreign exchange rates differences


1 730


13 930


860


16 520





Nominal as at 31 December 2011




225 365




716 350




128 679




1 070 394






Impairment as at 1 January 2011




–15 006




–18 056




–44 023




–77 085





Impairment recorded in statement of comprehensive income


–1 746


–1 514


– 773


–4 033




Write offs


—


—


2 000


2 000




Reversal of impairment


9 499


3 263


18 723


31 485




Foreign exchange rates differences


– 356


–65


– 762


–1 183





Impairment as at 31 December 2011




–7 609




–16 372




–24 835




–48 816





Amortised Cost


–1 700


–3 428


–99


–5 227




Accrued interest


3 498


9 499


3 812


16 809




Loans and receivables as at 31 December 2011


219 554


706 049


107 557


1 033 160
















 


Global loans (25)



Senior loans


Subordinated loans


Total





Nominal as at 1 January 2010




230 989




406 799




145 482




783 270





Disbursements


39 596


165 781


1 575


206 952




Repayments


–33 573


–46 053


–40 098


– 119 724




Interest capitalised


—


—


13 239


13 239




Foreign exchange rates differences


9 488


15 795


3 712


28 995





Nominal as at 31 December 2010




246 500




542 322




123 910




912 732






Impairment as at 1 January 2010




–8 371




–30 217




–59 556




–98 144





Impairment recorded in statement of comprehensive income


–6 522


—


– 582


–7 104




Reversal of impairment


266


13 843


18 423


32 532




Foreign exchange rates differences


– 379


–1 682


–2 308


–4 369





Impairment as at 31 December 2010




–15 006




–18 056




–44 023




–77 085





Amortised Cost


–1 727


–2 047


– 118


–3 892




Accrued interest


3 670


6 226


2 777


12 673




Loans and receivables as at 31 December 2010


233 437


528 445


82 546


844 428




8   AVAILABLE-FOR-SALE FINANCIAL ASSETS (in EUR’000)
The main components of available-for-sale financial assets are as follows:








 


Venture Capital Fund


Direct Equity Investment


Total





Cost as at 1 January 2011




142 932




33 350




176 282





Disbursements


59 579


8 250


67 829




Repayments / sales


–20 236


–4 735


–24 971




Foreign exchange rates differences on repayments / sales


417


– 300


117





Cost as at 31 December 2011




182 692




36 565




219 257






Unrealised gains and losses as at 1 January 2011




11 335




13 235




24 570





Net change in unrealised gains and losses


18 446


–1 266


17 180





Unrealised gains and losses as at 31 December 2011




29 781




11 969




41 750






Impairment as at 1 January 2011




–2




–6 022




–6 024





Impairment recorded in statement of comprehensive income during the year


–6 888


—


–6 888




Use of impairment booked in the statement of comprehensive income during previous years


2


3 714


3 716




Foreign exchange rates differences on impairment


1


– 152


– 151





Impairment as at 31 December 2011




–6 887




–2 460




–9 347





Available-for-sale financial assets as at 31 December 2011


205 586


46 074


251 660















 


Venture Capital Fund


Direct Equity Investment


Total





Cost as at 1 January 2010




116 652




30 462




147 114





Disbursements


48 040


2 912


50 952




Repayments / sales


–22 414


—


–22 414




Foreign exchange rates differences on repayments / sales


654


–24


630





Cost as at 31 December 2010




142 932




33 350




176 282






Unrealised gains and losses as at 1 January 2010




18 138




1 572




19 710





Net change in unrealised gains and losses


–6 803


11 663


4 860





Unrealised gains and losses as at 31 December 2010




11 335




13 235




24 570






Impairment as at 1 January 2010




–2




–2 308




–2 310





Impairment recorded in statement of comprehensive income during the year


—


–3 714


–3 714





Impairment as at 31 December 2010




–2




–6 022




–6 024





Available-for-sale financial assets as at 31 December 2010


154 265


40 563


194 828




9   AMOUNTS RECEIVABLE FROM CONTRIBUTORS (in EUR’000)
The main components of amounts receivable from contributors are as follows:







 


31.12.2011


31.12.2010




Member states contribution called but not paid


87 310


100 000




Total amount receivable from contributors


87 310


100 000




10   OTHER ASSETS (in EUR’000)
The main components of other assets are as follows:







 


31.12.2011


31.12.2010




Amount receivable from EIB


59


2 743




Financial guarantees


357


429




Total other assets


416


3 172




11   DEFERRED INCOME (in EUR’000)
The main components of deferred income are as follows:







 


31.12.2011


31.12.2010




Deferred interest subsidies


32 744


29 073




Deferred commissions on loans and receivables


259


506




Total deferred income


33 003


29 579




12   AMOUNTS OWED TO THIRD PARTIES (in EUR’000)
The main components of amounts owed to third parties are as follows:







 


31.12.2011


31.12.2010




Net general administrative expenses payable to EIB


38 011


34 086




Other amounts payable to EIB


219


—




Interest subsidies not yet disbursed owed to Member States


291 430


264 329




Total amounts owed to third parties


329 660


298 415




13   OTHER LIABILITIES (in EUR’000)
The main components of other liabilities are as follows:







 


31.12.2011


31.12.2010




Financial guarantees


294


351




Other


819


589




Total amount of other liabilities


1 113


940




14   MEMBER STATES CONTRIBUTION CALLED (in EUR’000)









Member States


Contribution to the Facility


Contribution to interest subsidies


Total contributed


Called and not paid (26)





Austria


33 955


10 168


44 123


2 650




Belgium


50 227


15 041


65 268


3 920




Denmark


27 420


8 211


35 631


2 140




Finland


18 963


5 679


24 642


1 480




France


311 358


93 237


404 595


24 300




Germany


299 314


89 630


388 944


23 360




Greece


16 016


4 796


20 812


1 250




Ireland


7 944


2 379


10 323


620




Italy


160 676


48 115


208 791


12 540




Luxembourg


3 716


1 113


4 829


290




Netherlands


66 884


20 028


86 912


5 220




Portugal


12 429


3 722


16 151


970




Spain


74 828


22 407


97 235


5 840




Sweden


34 980


10 475


45 455


2 730




United Kingdom


162 599


48 690


211 289


—




Total as at 31 December 2011


1 281 309


383 691


1 665 000


87 310




Total as at 31 December 2010


1 131 309


333 691


1 465 000


100 000




15   CONTINGENT LIABILITIES AND COMMITMENTS (in EUR’000)







 


31.12.2011


31.12.2010






Commitments






Undisbursed loans


701 092


808 865




Undisbursed available-for-sale financial assets


264 567


285 449




Guarantees drawn


7 909


9 484






Contingent liabilities






Guarantees undrawn


20 000


45 000




Total


993 568


1 148 798




16   NET INTEREST INCOME (in EUR’000)
The main components of interest and similar income are as follows:







 


From 01.01.2011 to 31.12.2011


From 01.01.2010 to 31.12.2010




Cash and cash equivalents


5 518


1 878




Loans and receivables


50 800


50 299




Interest subsidies


3 243


2 424




Total interest and similar income


59 561


54 601




The main component of interest and similar expense is as follows:







 


From 01.01.2011 to 31.12.2011


From 01.01.2010 to 31.12.2010




Derivative financial instruments


– 940


–2 591




Total interest and similar expense


– 940


–2 591




17   NET FEE AND COMMISSION INCOME (in EUR’000)
The main components of fee and commission income are as follows:







 


From 01.01.2011 to 31.12.2011


From 01.01.2010 to 31.12.2010




Fee and commission on loans and receivables


1 894


11 510




Fee and commission on financial guarantees


255


265




Total fee and commission income


2 149


11 775




The main component of fee and commission expenses is as follows:







 


From 01.01.2011 to 31.12.2011


From 01.01.2010 to 31.12.2010




Commission paid to third parties with regard to available-for-sale financial assets


– 144


– 372




Total fee and commission expenses


– 144


– 372




18   NET RESULT ON FINANCIAL OPERATIONS (in EUR’000)
The main components of net result on financial operations are as follows:







 


From 01.01.2011 to 31.12.2011


From 01.01.2010 to 31.12.2010




Fair value change on derivative financial instruments


–7 534


–12 082




Foreign exchange gain/loss


8 376


–5 556




Dividend income and realised gain from available-for-sale financial assets


17 228


1 815




Net result on financial operations


18 070


–15 823




19   GENERAL ADMINISTRATIVE EXPENSES (in EUR’000)
General administrative expenses represent the actual costs incurred by the EIB for managing the Facility less income generated from standard appraisal fees directly charged by the EIB to clients of the Facility.







 


From 01.01.2011 to 31.12.2011


From 01.01.2010 to 31.12.2010




Actual cost incurred by the EIB


–39 937


–36 028




Income from appraisal fees directly charged to clients of the Facility


1 931


1 942




Net general administrative expenses


–38 006


–34 086




Following the entry in force of the revised Cotonou Partnership Agreement on the 1st of July 2008, general administrative expenses are not covered anymore by the Member States.
20   SUBSEQUENT EVENTS

There have been no material post balance sheet events which could require disclosure or adjustment to the 31 December 2011 financial statements.


(1)  OJ L 247 of 9.9.2006


(2)  All figures are rounded into millions of euros. It should be noted that due to the rounding of figures, some financial data in the tables may not add up. Amounts shown as 0 represent figures of less than EUR 500 000. Amounts that equal to zero are shown as a dash (-).

(3)  In 2010, the co-financing contributions were reclassified and presented as payables to Member States. The co-financing contributions fulfil the criteria of revenues from non-exchange transactions under condition and should be presented as such. The amount reclassified represents the cumulative co-financing contributions from the years 2008 and 2009.

(4)  The net assets of the 10th EDF are negative due to the fact that contributions have been called for the first time only in 2011.

(5)  In 2010, the co-financing contributions were reclassified and presented as payables to Member States. The co-financing contributions fulfil the criteria of revenues from non-exchange transactions under condition and should be presented as such. The amount reclassified represents the cumulative co-financing contributions from the years 2008 and 2009.

(6)  In accordance with Article 153 of the 10th EDF Financial Regulation, the treasury is presented in the balance sheet of the 10th EDF. The nature of the various bank accounts is outlined in chapter 6, Financial Risk Management

(7)  This balance represents the amounts available for the Democratic Republic of the Congo in accordance with the provisions of Council Decision 2003/583/EC. These funds are earmarked for a specific purpose and beneficiary state.

(8)  OJ L 156, 29.5.1998 p. 3.

(9)  OJ L 247, 9.9.2006 p. 3.

(10)  Council Decision 2010/406/EU of 12 July 2010 concerning the allocation of the funds decommitted from projects under the ninth and previous European Development Funds (EDF) for the purpose of addressing the needs of the most vulnerable population in Sudan.

(11)  Council Decision 2011/315/EU of 23 May 2011.

(12)  OJ L 247, 9.9.2006.

(13)  The negative balance for Sysmin is caused by a reversal of accrued charges.

(14)  The unallocated resources from the previous EDFs include the balance of the Sysmin funds, which by Decision 3/2000 of the ACP-EC Council of Ministers was set at EUR 410,926 million. Commission Decision PE/410/2001 includes these resources in programming for the national indicative allocations (part B) under the financial protocol to the ACP-EC Partnership Agreement.

(15)  all decreases are decommitments transferred to the non-mobilisable performance reserve 10th EDF

(16)  all decreases are decommitments transferred to the non-mobilisable performance reserve 10th EDF

(17)  following Council Decision 2010/406/EU 150 million was added from non-mobilisable performance reserve 10th EDF for Sudan (147 million to special allocation Sudan and 3 million to implementation costs)

(18)  transfer in decommitments from projects of the 9th and previous EDF's to the non mobilisable performance reserve for 118 million less transfer out of reserves to Sudan for 150 million (to 9th EDF)

(19)  transfers in / from the 10th EDF reserves

(20)  transfer from National allocation reserve Env A Stabex for 31 million and from A enveloppe reserve for 82 million

(21)  for the cofinancings, the table only presents the commitment appropriations

(22)  difference between transfer out to A enveloppe for 31 million and cash receipt following closure of stabex accounts (art 1.4 of 10th EDF internal agreement) for 26 Million

(23)  % of appropriations

(24)  including agency agreements

(25)  including agency agreements

(26)  On 18.11.2010, the Council fixed the amount of financial contributions to be paid by each Member State by 21.01.2012.


ANNEX TO PART I – CHAPTER 2 (REPORT ON THE FINANCIAL IMPLEMENTATION): SITUATION BY COUNTRY AND BY INSTRUMENT
Notes to the tables:






—


The figure "0,00" indicates that the corresponding amount is between EUR – 4 999 and EUR 4 999. Where no figure is given, the amount is zero.
Countries with a nil balance in all columns are not listed in the tables.










—


The heading "All ACP/OCT countries" refers to projects which cover a number of countries but are not financed by regional cooperation.










—


The heading "Financial and administrative expenses" represents projects financed by EDF interest or the envelope covering administrative expenditure.





Table 3.1.1


Overall situation by country



















(EUR million)




8th EDF cumulative 2011


Lomé


Cotonou


Total




NIP


Total indicative programmes


Non PIN




Decisions


% du NIP


Payments


% du NIP


Decisions


% du NIP


Payments


% du NIP


Decisions


Decisions


Assigned funds


Payments




Angola


83,61


83,24


100 %


71,54


86 %


110,30


132 %


26,35


32 %


 


110,30


104,31


97,89




Benin


112,11


112,11


100 %


111,99


100 %


171,64


153 %


59,49


53 %


 


171,64


171,52


171,47




Botswana


31,87


31,27


98 %


31,27


98 %


31,04


97 %


1,40


4 %


33,88


64,92


64,76


63,60




Burkina Faso


173,79


173,79


100 %


170,20


98 %


277,86


160 %


104,07


60 %


117,83


395,69


394,10


391,92




Burundi


13,06


13,06


100 %


13,06


100 %


66,93


513 %


51,36


393 %


 


66,93


66,91


64,41




Cameroon


103,54


103,54


100 %


102,40


99 %


233,57


226 %


129,73


125 %


 


233,57


233,01


232,14




Cape Verde


29,76


29,76


100 %


28,71


96 %


55,76


187 %


25,99


87 %


 


55,76


55,22


54,70




Central African Republic


55,18


55,18


100 %


54,69


99 %


84,79


154 %


29,61


54 %


 


84,79


84,36


84,30




Chad


147,23


147,23


100 %


142,48


97 %


215,80


147 %


68,57


47 %


 


215,80


213,43


211,05




Comoros


10,46


10,46


100 %


10,46


100 %


16,12


154 %


5,60


54 %


 


16,12


16,12


16,07




Congo (Brazzaville)


11,30


11,30


100 %


9,11


81 %


14,93


132 %


3,63


32 %


 


14,93


14,24


12,74




Democratic Republic of Congo


20,81


20,81


100 %


18,96


91 %


48,77


234 %


27,61


133 %


 


48,77


46,92


46,57




Djibouti


16,47


16,47


100 %


15,68


95 %


27,47


167 %


11,00


67 %


 


27,47


26,68


26,68




Equatorial Guinea


3,63


3,63


100 %


3,17


87 %


4,42


122 %


0,79


22 %


 


4,42


4,08


3,96




Eritrea


0,08


0,08


100 %


0,08


100 %


18,01


21 805 %


17,93


21 705 %


 


18,01


18,01


18,01




Ethiopia


143,25


143,25


100 %


136,85


96 %


337,11


235 %


184,12


129 %


0,04


337,15


333,01


321,02




Gabon


37,39


37,39


100 %


37,10


99 %


112,30


300 %


39,91


107 %


 


112,30


111,38


104,12




Gambia


17,49


17,30


99 %


15,81


90 %


30,87


177 %


13,53


77 %


 


30,87


29,50


29,34




Ghana


121,58


121,58


100 %


121,58


100 %


257,20


212 %


95,62


79 %


 


257,20


256,98


256,53




Guinea Bissau


41,89


41,89


100 %


40,85


98 %


46,95


112 %


5,07


12 %


35,00


81,95


81,13


80,17




Guinea (Conakry)


108,14


108,14


100 %


89,32


83 %


129,50


120 %


21,36


20 %


 


129,50


117,00


110,68




Ivory Coast


55,54


55,54


100 %


53,17


96 %


159,62


287 %


102,86


185 %


 


159,62


158,17


156,03




Kenya


70,80


70,80


100 %


62,96


89 %


187,03


264 %


116,23


164 %


 


187,03


182,34


179,19




Lesotho


50,29


50,29


100 %


48,34


96 %


66,16


132 %


15,87


32 %


 


66,16


64,72


64,20




Liberia


 


 


 


 


 


24,86


 


24,09


 


 


24,86


24,86


24,09




Madagascar


161,32


161,32


100 %


161,05


100 %


274,37


170 %


113,05


70 %


55,00


329,37


329,10


329,10




Malawi


188,04


187,42


100 %


183,63


98 %


260,75


139 %


72,43


39 %


35,00


295,75


285,54


281,22




Mali


201,02


200,73


100 %


198,24


99 %


320,50


159 %


119,77


60 %


 


320,50


318,75


318,00




Mauritania


59,18


59,18


100 %


57,36


97 %


179,74


304 %


76,00


128 %


 


179,74


170,36


160,16




Mauritius


30,07


30,07


100 %


30,07


100 %


55,23


184 %


10,56


35 %


 


55,23


55,23


40,63




Mozambique


171,01


171,01


100 %


167,09


98 %


400,97


234 %


229,38


134 %


142,03


543,00


541,44


538,50




Namibia


49,58


49,08


99 %


48,93


99 %


71,97


145 %


22,89


46 %


 


71,97


71,82


71,82




Niger


114,01


112,80


99 %


111,25


98 %


207,24


182 %


39,86


35 %


0,99


208,23


195,63


192,66




Nigeria


 


 


 


 


 


5,00


 


5,00


 


 


5,00


5,00


5,00




Rwanda


94,69


94,69


100 %


94,59


100 %


176,08


186 %


81,39


86 %


 


176,08


176,00


175,98




Sao Tome & Principe


8,52


8,52


100 %


8,52


100 %


12,23


143 %


3,71


43 %


 


12,23


12,23


12,23




Senegal


96,80


96,80


100 %


94,84


98 %


238,71


247 %


141,30


146 %


 


238,71


236,91


236,14




Seychelles


5,46


5,46


100 %


5,46


100 %


7,23


132 %


1,77


32 %


 


7,23


7,23


7,23




Sierra Leone


64,60


64,60


100 %


62,43


97 %


100,39


155 %


35,79


55 %


 


100,39


99,12


98,22




Somalia


50,00


50,00


100 %


48,19


96 %


50,00


100 %


 


0 %


 


50,00


48,77


48,19




Sudan


 


 


 


 


 


112,26


 


124,27


 


 


112,26


111,96


124,27




Swaziland


23,48


23,48


100 %


21,77


93 %


68,67


292 %


32,73


139 %


4,00


72,67


65,50


57,50




Tanzania


199,96


199,84


100 %


189,89


95 %


477,18


239 %


277,34


139 %


 


477,18


476,73


467,23




Togo


 


 


 


 


 


9,71


 


9,71


 


 


9,71


9,71


9,71




Uganda


196,63


196,63


100 %


194,11


99 %


420,11


214 %


223,23


114 %


 


420,11


417,61


417,34




Zambia


137,01


137,01


100 %


136,33


99 %


420,64


307 %


283,48


207 %


 


420,64


420,29


419,80




Zimbabwe


86,63


86,63


100 %


86,63


100 %


104,94


121 %


18,69


22 %


 


104,94


104,91


105,32




* Total Africa


3 397,29


3 393,40


100 %


3 290,18


97 %


6 702,92


197 %


3 104,13


91 %


393,78


7 126,70


7 032,60


6 937,15




Antigua & Barbuda


0,65


0,64


98 %


0,50


76 %


0,64


98 %


 


0 %


 


0,64


0,61


0




Bahamas


2,20


2,20


100 %


2,20


100 %


2,20


100 %


 


0 %


 


2,20


2,20


2,20




Barbados


4,47


4,47


100 %


3,51


79 %


7,18


161 %


2,71


61 %


 


7,18


6,69


6,22




Belize


10,36


10,36


100 %


10,36


100 %


19,06


184 %


7,54


73 %


0,13


19,19


19,19


18,03




Dominica


6,47


6,47


100 %


6,24


97 %


38,34


593 %


31,87


493 %


 


38,34


38,12


38,11




Dominican Republic


94,48


94,48


100 %


94,03


100 %


134,83


143 %


32,38


34 %


 


134,83


134,42


126,41




Grenada


0,57


0,57


100 %


0,48


85 %


3,42


598 %


2,89


506 %


 


3,42


3,40


3,38




Guyana


30,32


30,32


100 %


28,82


95 %


60,12


198 %


27,58


91 %


 


60,12


58,84


56,39




Haiti


64,25


64,25


100 %


63,00


98 %


79,05


123 %


14,80


23 %


 


79,05


78,73


77,80




Jamaica


52,66


52,66


100 %


52,65


100 %


139,10


264 %


86,43


164 %


26,85


165,94


165,93


165,93




Saint Kitts & Nevis


2,72


2,72


100 %


2,72


100 %


6,72


247 %


4,00


147 %


 


6,72


6,72


6,72




Saint Lucia


1,31


1,31


100 %


1,26


96 %


50,00


3 808 %


42,76


3 256 %


 


50,00


49,88


44,02




Saint Vincent & the Grenadines


1,68


1,68


100 %


1,60


96 %


34,15


2 035 %


32,81


1 955 %


 


34,15


34,11


34,41




Suriname


20,06


20,06


100 %


19,19


96 %


20,26


101 %


0,20


1 %


 


20,26


19,40


19,39




Trinidad & Tobago


6,60


6,60


100 %


6,60


100 %


14,38


218 %


4,78


72 %


 


14,38


14,38


11,38




* Total Caribbean


298,80


298,79


100 %


293,18


98 %


609,45


204 %


290,74


97 %


26,98


636,42


632,62


610,90




Fiji


16,91


16,91


100 %


16,91


100 %


19,32


114 %


2,41


14 %


 


19,32


19,32


19,32




Kiribati


9,01


9,01


100 %


9,01


100 %


9,79


109 %


0,78


9 %


 


9,79


9,79


9,79




Papua New Guinea


43,85


43,85


100 %


39,45


90 %


104,93


239 %


11,17


25 %


 


104,93


98,90


93,55




Solomon Islands


13,86


13,86


100 %


13,52


98 %


90,68


654 %


76,82


554 %


 


90,68


90,34


90,34




Tonga


5,03


5,03


100 %


5,03


100 %


5,50


109 %


0,38


8 %


 


5,50


5,49


5,41




Tuvalu


1,90


1,90


100 %


1,90


100 %


2,40


126 %


0,50


26 %


 


2,40


2,40


2,40




Vanuatu


10,23


10,23


100 %


10,23


100 %


15,77


154 %


5,54


54 %


5,27


21,04


20,99


20,99




Western Samoa


14,07


14,07


100 %


14,07


100 %


19,10


136 %


5,03


36 %


3,43


22,53


22,53


22,53




* Total Pacific


114,86


114,86


100 %


110,12


96 %


267,51


233 %


102,64


89 %


8,70


276,21


269,77


264,34




Caribbean Region


42,49


42,25


99 %


40,16


95 %


61,93


146 %


13,79


32 %


 


61,93


60,26


53,95




Central Africa Region


77,19


77,19


100 %


76,78


99 %


77,19


100 %


 


0 %


 


77,19


76,82


76,78




East Africa Region


163,85


163,51


100 %


158,93


97 %


163,51


100 %


 


0 %


 


163,51


162,27


158,93




Indian Ocean Region


11,47


11,47


100 %


11,47


100 %


11,47


100 %


 


0 %


 


11,47


11,47


11,47




Intra ACP Allocations


726,00


723,53


100 %


669,48


92 %


723,53


100 %


 


0 %


 


723,53


697,22


669,48




Multiregional PALOP


10,83


10,83


100 %


10,23


94 %


10,83


100 %


 


0 %


 


10,83


10,40


10,23




Pacific Region


32,89


32,89


100 %


32,73


100 %


32,89


100 %


 


0 %


 


32,89


32,73


32,73




Southern Africa Region


57,83


57,61


100 %


57,20


99 %


57,61


100 %


 


0 %


 


57,61


57,20


57,20




West Africa Region


204,18


202,38


99 %


194,76


95 %


231,19


113 %


28,81


14 %


 


231,19


227,99


223,58




* Total regional cooperation ACP


1 326,72


1 321,67


100 %


1 251,74


94 %


1 370,17


103 %


42,60


3 %


 


1 370,17


1 336,34


1 294,34




Administrative and financial expenditure


 


 


 


 


 


35,83


 


 


 


 


35,83


35,62


34,91




All ACP countries


 


 


 


 


 


1 145,86


 


1 142,16


 


 


1 145,86


1 141,11


1 142,16




* Total ACP


5 137,68


5 128,73


100 %


4 945,22


96 %


10 161,74


198 %


4 659,59


91 %


429,45


10 591,19


10 448,06


10 283,80




Anguilla


0,80


0,80


100 %


0,80


100 %


0,80


100 %


 


0 %


 


0,80


0,80


0,80




British Virgin Islands


 


 


 


 


 


0,51


 


0,51


 


 


0,51


0,51


0,51




Montserrat


1,60


1,60


100 %


1,60


100 %


1,60


100 %


 


0 %


 


1,60


1,60


1,60




Saint Helena


0,06


0,06


100 %


0,06


100 %


0,06


100 %


 


0 %


 


0,06


0,06


0,06




Turks & Caicos Islands


 


 


 


 


 


3,00


 


3,00


 


 


3,00


3,00


3,00




* Total British OCT


2,45


2,45


100 %


2,45


100 %


5,97


243 %


3,51


143 %


 


5,97


5,97


5,97




Aruba


0,40


0,40


100 %


0,40


100 %


0,40


100 %


 


0 %


 


0,40


0,40


0,40




Netherlands Antilles


3,66


3,66


100 %


3,66


100 %


3,66


100 %


 


0 %


 


3,66


3,66


3,66




* Total Dutch OCT


4,06


4,06


100 %


4,06


100 %


4,06


100 %


 


0 %


 


4,06


4,06


4,06




French Polynesia


10,10


10,10


100 %


10,10


100 %


13,39


133 %


3,29


33 %


 


13,39


13,39


13,39




Mayotte


0,85


0,85


100 %


0,85


100 %


2,03


240 %


1,18


140 %


 


2,03


2,03


2,03




New Caledonia


7,49


7,49


100 %


7,45


99 %


10,31


138 %


2,77


37 %


 


10,31


10,24


10,21




Saint Pierre & Miquelon


3,47


3,47


100 %


3,47


100 %


3,47


100 %


 


0 %


 


3,47


3,47


3,47




Wallis & Futuna


1,45


1,45


100 %


1,45


100 %


1,45


100 %


 


0 %


 


1,45


1,45


1,45




* Total French OCT


23,36


23,36


100 %


23,32


100 %


30,66


131 %


7,25


31 %


 


30,66


30,59


30,56




EDF PTF REGIONAL Projects


4,99


4,99


100 %


4,92


99 %


4,99


100 %


 


0 %


 


4,99


4,92


4,92




EDF PTN REGIONAL Projects


1,00


1,00


100 %


0,46


45 %


1,00


100 %


 


0 %


 


1,00


0,46


0,46




EDF PTU REGIONAL Projects


1,64


1,64


100 %


0,12


7 %


1,64


100 %


 


0 %


 


1,64


0,12


0,12




* Total regional cooperation OCT


7,63


7,63


100 %


5,49


72 %


7,63


100 %


 


0 %


 


7,63


5,49


5,49




* Total OCT


37,50


37,50


100 %


35,32


94 %


48,31


129 %


10,76


29 %


 


48,31


46,10


48,07




* Total ACP + OCT


5 175,17


5 166,22


100 %


4 980,53


96 %


10 210,05


197 %


4 693,03


91 %


429,45


10 639,50


10 494,16


10 329,88








Table 3.1.2


Situation by instrument and by country



















(EUR million)




8th EDF annual 2011


Lomé


Cotonou


Total




NIP


Total indicative programmes


Non PIN




Decisions


% du NIP


Payments


% du NIP


Decisions


% du NIP


Payments


% du NIP


Decisions


Decisions


Assigned funds


Payments




Angola


83,61


(0,36)


0 %


0,45


1 %


 


0 %


 


0 %


 


(0,36)


(0,29)


0,45




Benin


112,11


 


0 %


 


0 %


 


0 %


 


0 %


 


 


 


 




Botswana


31,87


(0,60)


–2 %


 


0 %


 


0 %


 


0 %


 


(3,04)


(2,22)


(1,36)




Burkina Faso


173,79


 


0 %


1,12


1 %


 


0 %


 


0 %


 


 


 


1,42




Burundi


13,06


 


0 %


 


0 %


 


0 %


 


0 %


 


 


 


 




Cameroon


103,54


 


0 %


 


0 %


 


0 %


 


0 %


 


 


 


 




Cape Verde


29,76


 


0 %


0,03


0 %


 


0 %


 


0 %


 


 


(0,21)


0,03




Central African Republic


55,18


 


0 %


(0,06)


0 %


 


0 %


 


0 %


 


 


(0,18)


(0,06)




Chad


147,23


 


0 %


0,14


0 %


 


0 %


 


0 %


 


 


(0,07)


0,14




Comoros


10,46


 


0 %


 


0 %


 


0 %


 


0 %


 


 


 


 




Congo (Brazzaville)


11,30


 


0 %


(0,46)


–4 %


 


0 %


 


0 %


 


 


(0,02)


(0,46)




Democratic Republic of Congo


20,81


 


0 %


(0,33)


–2 %


 


0 %


 


0 %


 


 


(1,33)


(0,33)




Djibouti


16,47


 


0 %


 


0 %


 


0 %


 


0 %


 


 


 


 




Equatorial Guinea


3,63


 


0 %


 


0 %


 


0 %


 


0 %


 


 


(0,01)


 




Eritrea


0,08


 


0 %


 


0 %


 


0 %


 


0 %


 


 


 


 




Ethiopia


143,25


(3,29)


–2 %


(0,40)


0 %


 


0 %


13,24


9 %


 


(3,29)


(3,53)


12,84




Gabon


37,39


 


0 %


 


0 %


 


0 %


 


0 %


 


 


(0,00)


1,47




Gambia


17,49


(0,18)


–1 %


(0,29)


–2 %


 


0 %


 


0 %


 


(0,18)


(1,46)


(0,29)




Ghana


121,58


(0,81)


–1 %


1,47


1 %


 


0 %


 


0 %


 


(0,81)


0,83


2,61




Guinea Bissau


41,89


(0,00)


0 %


 


0 %


 


0 %


 


0 %


 


(0,00)


(0,06)


0,05




Guinea (Conakry)


108,14


 


0 %


0,09


0 %


 


0 %


 


0 %


 


 


(0,97)


0,09




Ivory Coast


55,54


 


0 %


(0,00)


0 %


 


0 %


 


0 %


 


 


(0,52)


(0,00)




Kenya


70,80


(0,42)


–1 %


 


0 %


 


0 %


 


0 %


 


(0,42)


(1,56)


 




Lesotho


50,29


(0,71)


–1 %


0,11


0 %


 


0 %


 


0 %


 


(0,71)


(1,53)


0,11




Liberia


 


 


 


 


 


 


 


 


 


 


 


 


 




Madagascar


161,32


(0,23)


0 %


(0,00)


0 %


 


0 %


 


0 %


 


(0,23)


(0,16)


(0,00)




Malawi


188,04


(1,79)


–1 %


0,16


0 %


 


0 %


 


0 %


 


(1,79)


(3,90)


0,13




Mali


201,02


(0,29)


0 %


0,06


0 %


 


0 %


 


0 %


 


(0,29)


(0,46)


0,06




Mauritania


59,18


 


0 %


(0,06)


0 %


 


0 %


 


0 %


 


 


34,09


25,47




Mauritius


30,07


 


0 %


 


0 %


 


0 %


0,10


0 %


 


 


 


0,10




Mozambique


171,01


(5,67)


–3 %


0,23


0 %


 


0 %


 


0 %


 


(5,67)


(2,62)


0,23




Namibia


49,58


(1,10)


–2 %


(0,14)


0 %


 


0 %


 


0 %


 


(1,10)


(0,47)


(0,14)




Niger


114,01


(1,21)


–1 %


0,24


0 %


 


0 %


 


0 %


 


(1,21)


(1,92)


1,62




Nigeria


 


 


 


 


 


 


 


 


 


 


 


 


 




Rwanda


94,69


 


0 %


0,22


0 %


 


0 %


 


0 %


 


 


0,01


0,22




Sao Tome & Principe


8,52


 


0 %


 


0 %


 


0 %


 


0 %


 


 


 


 




Senegal


96,80


(3,98)


–4 %


(0,01)


0 %


 


0 %


5,00


5 %


 


(3,98)


(3,17)


4,99




Seychelles


5,46


 


0 %


 


0 %


 


0 %


 


0 %


 


 


 


 




Sierra Leone


64,60


 


0 %


0,74


1 %


 


0 %


 


0 %


 


 


(1,01)


0,74




Somalia


50,00


 


0 %


(0,23)


0 %


 


0 %


 


0 %


 


 


(0,64)


(0,23)




Sudan


 


 


 


 


 


 


 


 


 


 


 


 


 




Swaziland


23,48


(0,00)


0 %


(1,01)


–4 %


 


0 %


 


0 %


 


(0,00)


(0,05)


(0,54)




Tanzania


199,96


(2,21)


–1 %


2,29


1 %


 


0 %


 


0 %


 


(2,21)


0,82


2,29




Togo


 


 


 


 


 


 


 


 


 


 


 


 


 




Uganda


196,63


(0,12)


0 %


0,61


0 %


 


0 %


 


0 %


 


(0,12)


(2,32)


0,61




Zambia


137,01


 


0 %


0,48


0 %


(10,03)


–7 %


(0,05)


0 %


 


(10,03)


(9,08)


0,43




Zimbabwe


86,63


 


0 %


 


0 %


 


0 %


 


0 %


 


 


 


 




* Total Africa


3 397,29


(22,98)


–1 %


5,47


0 %


(10,03)


0 %


18,29


1 %


 


(35,44)


(4,00)


52,70




Antigua & Barbuda


0,65


(0,01)


–2 %


 


0 %


 


0 %


 


0 %


 


(0,01)


(0,00)


 




Bahamas


2,20


 


0 %


 


0 %


 


0 %


 


0 %


 


 


 


 




Barbados


4,47


 


0 %


 


0 %


 


0 %


 


0 %


 


 


 


 




Belize


10,36


 


0 %


 


0 %


 


0 %


 


0 %


 


 


 


 




Dominica


6,47


 


0 %


 


0 %


 


0 %


 


0 %


 


 


 


 




Dominican Republic


94,48


 


0 %


(0,04)


0 %


 


0 %


 


0 %


 


 


(0,27)


(0,04)




Grenada


0,57


 


0 %


 


0 %


 


0 %


 


0 %


 


 


(0,02)


 




Guyana


30,32


 


0 %


0,21


1 %


 


0 %


1,07


4 %


 


 


(0,50)


1,27




Haiti


64,25


 


0 %


(0,14)


0 %


 


0 %


 


0 %


 


 


 


(0,14)




Jamaica


52,66


(0,42)


–1 %


 


0 %


 


0 %


 


0 %


 


(0,42)


(0,22)


 




Saint Kitts & Nevis


2,72


 


0 %


 


0 %


 


0 %


 


0 %


 


 


 


 




Saint Lucia


1,31


 


0 %


 


0 %


 


0 %


 


0 %


 


 


 


 




Saint Vincent & the Grenadines


1,68


 


0 %


(0,01)


–1 %


 


0 %


4,23


252 %


 


 


 


4,22




Suriname


20,06


 


0 %


 


0 %


 


0 %


 


0 %


 


 


(0,03)


 




Trinidad & Tobago


6,60


 


0 %


 


0 %


 


0 %


 


0 %


 


 


 


 




* Total Caribbean


298,80


(0,43)


0 %


0,02


0 %


0,00


0 %


5,29


2 %


 


(0,43)


(1,03)


5,31




Fiji


16,91


 


0 %


 


0 %


 


0 %


 


0 %


 


 


 


 




Kiribati


9,01


(0,23)


–3 %


 


0 %


 


0 %


 


0 %


 


(0,23)


(0,02)


 




Papua New Guinea


43,85


 


0 %


 


0 %


 


0 %


 


0 %


 


 


(1,90)


2,20




Solomon Islands


13,86


 


0 %


 


0 %


 


0 %


 


0 %


 


 


 


 




Tonga


5,03


 


0 %


 


0 %


 


0 %


 


0 %


 


 


 


 




Tuvalu


1,90


 


0 %


 


0 %


 


0 %


0,15


8 %


 


 


 


0,15




Vanuatu


10,23


 


0 %


 


0 %


 


0 %


 


0 %


 


 


(0,00)


 




Western Samoa


14,07


 


0 %


 


0 %


 


0 %


 


0 %


 


 


 


 




* Total Pacific


114,86


(0,23)


0 %


0,00


0 %


0,00


0 %


0,15


0 %


0,00


(0,23)


(1,93)


2,35




Caribbean Region


42,49


(0,63)


–1 %


 


0 %


 


0 %


 


0 %


 


(0,63)


(0,31)


 




Central Africa Region


77,19


 


0 %


 


0 %


 


0 %


 


0 %


 


 


(0,04)


 




East Africa Region


163,85


(1,07)


–1 %


5,28


3 %


 


0 %


 


0 %


 


(1,07)


(0,45)


5,28




Indian Ocean Region


11,47


(1,05)


–9 %


0,02


0 %


 


0 %


 


0 %


 


(1,05)


(0,08)


0,02




Intra ACP Allocations


726,00


(5,05)


–1 %


23,50


3 %


 


0 %


 


0 %


 


(5,05)


5,18


23,50




Multiregional PALOP


10,83


 


0 %


 


0 %


 


0 %


 


0 %


 


 


(0,00)


 




Pacific Region


32,89


(0,22)


–1 %


 


0 %


 


0 %


 


0 %


 


(0,22)


(0,14)


 




Southern Africa Region


57,83


(0,52)


–1 %


(0,04)


0 %


 


0 %


 


0 %


 


(0,52)


(0,47)


(0,04)




West Africa Region


204,18


(2,55)


–1 %


1,52


1 %


 


0 %


 


0 %


 


(2,55)


(0,58)



1,52





* Total regional cooperation ACP


1 326,72


(11,10)


–1 %


30,28


2 %


 


0 %


0,00


0 %


0,00


(11,10)


3,11


30,28




Administrative and financial expenditure


 


 


 


 


 


 


 


 


 


 


(1,40)


(0,74)


0,05




All ACP countries


 


 


 


 


 


(10,55)


 


(1,05)


 


 


(10,55)


(8,80)


(1,05)




* Total ACP


5 137,68


(34,74)


–1 %


35,76


1 %


(20,58)


0 %


22,68


0 %


 


(59,16)


(13,40)


89,63




Anguilla


0,80


 


0 %


 


0 %


 


0 %


 


0 %


 


 


 


 




British Virgin Islands


 


 


 


 


 


 


 


 


 


 


 


 


 




Montserrat


1,60


(0,07)


–5 %


 


0 %


 


0 %


 


0 %


 


(0,07)


(0,05)


 




Saint Helena


0,06


 


0 %


 


0 %


 


0 %


 


0 %


 


 


 


 




Turks & Caicos Islands


 


 


 


 


 


 


 


 


 


 


 


 


 




* Total British OCT


2,45


(0,07)


–3 %


0,00


0 %


0,00


0 %


 


0 %


 


(0,07)


(0,05)


0,00




Aruba


0,40


 


0 %


 


0 %


 


0 %


 


0 %


 


 


 


 




Netherlands Antilles


3,66


 


0 %


 


0 %


 


0 %


 


0 %


 


 


 


 




* Total Dutch OCT


4,06


 


0 %


0,00


0 %


0,00


0 %


 


0 %


 


0,00


0,00


0,00




French Polynesia


10,10


 


0 %


 


0 %


 


0 %


 


0 %


 


 


 


 




Mayotte


0,85


 


0 %


 


0 %


 


0 %


 


0 %


 


 


 


 




New Caledonia


7,49


 


0 %


 


0 %


 


0 %


0,02


0 %


 


 


 


0,02




Saint Pierre & Miquelon


3,47


 


0 %


 


0 %


 


0 %


 


0 %


 


 


 


 




Wallis & Futuna


1,45


(0,02)


–1 %


 


0 %


 


0 %


 


0 %


 


(0,02)


 


 




* Total French OCT


23,36


(0,02)


0 %


0,00


0 %


0,00


0 %


0,02


0 %


 


(0,02)


0,00


0,02




EDF PTF REGIONAL Projects


4,99


 


0 %


 


0 %


 


0 %


 


0 %


 


 


 


 




EDF PTN REGIONAL Projects


1,00


 


0 %


 


0 %


 


0 %


 


0 %


 


 


 


 




EDF PTU REGIONAL Projects


1,64


 


0 %


 


0 %


 


0 %


 


0 %


 


 


 


 




* Total regional cooperation OCT


7,63


(0,29)


–4 %


0,05


1 %


—


0 %


0,00


0 %


—


(0,29)


0,00


0,05




* Total OCT


37,50


(0,37)


–1 %


0,05


0 %


—


0 %


0,02


0 %


—


(0,37)


(0,05)


0,07




* Total ACP + OCT


5 175,17


(35,11)


–1 %


35,82


1 %


(20,58)


0 %


22,70


0 %


 


(59,54)


(13,45)


89,70








Table 3.1.3


Situation by instrument and by country






















(EUR million)




8th EDF
Decisions cumulative 2011


Lomé


Cotonou


Total state




NIP


Non NIP


Total Non-NIP


Interest


Total




Grants


 


A Envelope


B Envelope


Total




Interest-rate subsidies


Emergency Aid


Aid for refugees


Risk capital


Stabex


Sysmin


Structural adjustment


Heavily indebted poor countries




Angola


83,24


 


11,18


15,88


 


 


 


 


 


27,06


 


110,30


 


 


 


110,30




Benin


112,11


 


 


 


5,76


1,02


 


52,76


 


59,53


 


171,64


 


 


 


171,64




Botswana


31,27


2,10


 


 


 


 


0,11


 


 


2,21


 


33,48


3,88


27,56


31,44


64,92




Burkina Faso


173,79


 


1,01


 


13,92


1,54


 


87,60


 


104,07


 


277,86


117,83


 


117,83


395,69




Burundi


13,06


 


 


25,00


 


19,63


 


9,25


 


53,88


 


66,93


 


 


 


66,93




Cameroon


103,54


 


 


 


68,62


17,41


 


43,99


 


130,03


 


233,57


 


 


 


233,57




Cape Verde


29,76


2,58


 


 


4,77


0,66


 


17,98


 


25,99


 


55,76


 


 


 


55,76




Central African Republic


55,18


 


0,40


 


 


6,31


 


22,90


 


29,61


 


84,79


 


 


 


84,79




Chad


147,23


 


2,05


 


15,55


 


 


50,98


 


68,57


 


215,80


 


 


 


215,80




Comoros


10,46


 


0,71


 


 


4,94


 


 


 


5,66


 


16,12


 


 


 


16,12




Congo (Brazzaville)


11,30


 


 


3,63


 


 


 


 


 


3,63


 


14,93


 


 


 


14,93




Democratic Republic of Congo


20,81


 


1,91


21,35


 


 


 


4,69


 


27,96


 


48,77


 


 


 


48,77




Djibouti


16,47


 


 


2,00


 


 


 


9,00


 


11,00


 


27,47


 


 


 


27,47




Equatorial Guinea


3,63


 


 


 


 


0,79


 


 


 


0,79


 


4,42


 


 


 


4,42




Eritrea


0,08


 


9,55


8,37


 


 


 


 


 


17,93


 


18,01


 


 


 


18,01




Ethiopia


143,25


 


3,36


6,64


66,00


5,25


 


112,60


 


193,85


 


337,11


0,04


 


0,04


337,15




Gabon


37,39


 


 


 


32,85


 


0,45


6,60


 


39,91


 


77,30


 


35,00


35,00


112,30




Gambia


17,30


 


 


 


 


4,49


 


9,07


 


13,57


 


30,87


 


 


 


30,87




Ghana


121,58


 


 


 


17,05


 


 


78,57


 


95,62


 


217,20


 


40,00


40,00


257,20




Guinea Bissau


41,89


 


3,29


 


 


0,37


 


1,41


 


5,07


 


46,95


35,00


 


35,00


81,95




Guinea (Conakry)


108,14


 


 


 


 


 


 


21,36


 


21,36


 


129,50


 


 


 


129,50




Ivory Coast


55,54


0,33


 


 


 


82,05


 


21,70


 


104,08


 


159,62


 


 


 


159,62




Kenya


70,80


8,09


4,23


 


35,86


51,05


 


17,00


 


116,23


 


187,03


 


 


 


187,03




Lesotho


50,29


1,10


 


 


 


 


 


14,77


 


15,87


 


66,16


 


 


 


66,16




Liberia


 


 


4,96


19,90


 


 


 


 


 


24,86


 


24,86


 


 


 


24,86




Madagascar


161,32


 


1,71


 


45,81


20,81


 


44,73


 


113,05


 


274,37


55,00


 


55,00


329,37




Malawi


187,42


 


1,39


 


10,71


11,43


 


49,80


 


73,33


 


260,75


35,00


 


35,00


295,75




Mali


200,73


 


4,66


 


35,70


 


 


79,41


 


119,77


 


320,50


 


 


 


320,50




Mauritania


59,18


3,92


 


0,22


25,78


18,56


0,15


26,92


 


75,56


 


134,74


 


45,00


45,00


179,74




Mauritius


30,07


12,23


 


 


12,93


 


 


 


 


25,16


 


55,23


 


 


 


55,23




Mozambique


171,01


5,24


 


 


93,51


 


 


131,21


 


229,96


 


400,97


142,03


 


142,03


543,00




Namibia


49,08


17,36


 


1,11


4,23


 


0,20


 


 


22,89


 


71,97


 


 


 


71,97




Niger


112,80


 


0,28


 


 


 


0,14


39,44


 


39,86


 


152,66


0,99


54,58


55,57


208,23




Nigeria


 


 


 


 


5,00


 


 


 


 


5,00


 


5,00


 


 


 


5,00




Rwanda


94,69


 


 


 


 


25,99


 


55,40


 


81,39


 


176,08


 


 


 


176,08




Sao Tome & Principe


8,52


 


 


 


 


 


 


3,71


 


3,71


 


12,23


 


 


 


12,23




Senegal


96,80


4,12


 


 


45,94


38,70


0,46


52,68


 


141,90


 


238,71


 


 


 


238,71




Seychelles


5,46


 


 


 


1,77


 


 


 


 


1,77


 


7,23


 


 


 


7,23




Sierra Leone


64,60


 


 


 


 


5,39


 


30,40


 


35,79


 


100,39


 


 


 


100,39




Somalia


50,00


 


 


 


 


 


 


 


 


 


 


50,00


 


 


 


50,00




Sudan


 


 


19,22


 


 


93,05


 


 


 


112,26


 


112,26


 


 


 


112,26




Swaziland


23,48


8,43


 


 


36,76


 


 


 


 


45,19


 


68,67


4,00


 


4,00


72,67




Tanzania


199,84


 


 


3,50


102,14


34,81


 


136,89


 


277,34


 


477,18


 


 


 


477,18




Togo


 


 


 


 


 


9,71


 


 


 


9,71


 


9,71


 


 


 


9,71




Uganda


196,63


 


1,60


 


92,03


35,57


 


94,27


 


223,48


 


420,11


 


 


 


420,11




Zambia


137,01


 


3,64


 


102,56


 


86,73


90,70


 


283,63


 


420,64


 


 


 


420,64




Zimbabwe


86,63


 


 


 


3,25


14,93


0,13


 


 


18,30


 


104,94


 


 


 


104,94




* Total Africa


3 393,40


65,50


75,17


107,60


878,50


504,45


88,35


1 417,80


—


3 137,38


—


6 530,78


393,78


202,14


595,92


7 126,70




Antigua & Barbuda


0,64


 


 


 


 


 


 


 


 


 


 


0,64


 


 


 


0,64




Bahamas


2,20


 


 


 


 


 


 


 


 


 


 


2,20


 


 


 


2,20




Barbados


4,47


2,71


 


 


 


 


 


 


 


2,71


 


7,18


 


 


 


7,18




Belize


10,36


 


 


 


8,70


 


 


 


 


8,70


 


19,06


0,13


 


0,13


19,19




Dominica


6,47


 


 


 


2,78


29,10


 


 


 


31,87


 


38,34


 


 


 


38,34




Dominican Republic


94,48


8,85


0,17


 


30,98


 


0,34


 


 


40,35


 


134,83


 


 


 


134,83




Grenada


0,57


 


 


 


 


2,85


 


 


 


2,85


 


3,42


 


 


 


3,42




Guyana


30,32


 


 


 


6,61


 


12,50


10,69


 


29,80


 


60,12


 


 


 


60,12




Haiti


64,25


 


 


 


 


3,10


 


11,70


 


14,80


 


79,05


 


 


 


79,05




Jamaica


52,66


6,41


 


 


27,54


9,48


 


43,00


 


86,43


 


139,10


26,85


 


26,85


165,94




Saint Kitts & Nevis


2,72


 


 


 


4,00


 


 


 


 


4,00


 


6,72


 


 


 


6,72




Saint Lucia


1,31


0,84


 


 


 


47,85


 


 


 


48,69


 


50,00


 


 


 


50,00




Saint Vincent & the Grenadines


1,68


0,28


 


 


 


32,19


 


 


 


32,47


 


34,15


 


 


 


34,15




Suriname


20,06


0,20


 


 


 


 


 


 


 


0,20


 


20,26


 


 


 


20,26




Trinidad & Tobago


6,60


0,78


 


 


7,00


 


 


 


 


7,78


 


14,38


 


 


 


14,38




* Total Caribbean


298,79


20,08


0,17


—


87,61


124,56


12,84


65,39


—


310,66


—


609,45


26,98


—


26,98


636,42




Fiji


16,91


 


0,41


 


2,00


 


 


 


 


2,41


 


19,32


 


 


 


19,32




Kiribati


9,01


 


 


 


0,50


0,28


 


 


 


0,78


 


9,79


 


 


 


9,79




Papua New Guinea


43,85


 


0,08


 


 


0,65


0,48


9,88


 


11,08


 


54,93


 


50,00


50,00


104,93




Solomon Islands


13,86


 


 


 


 


74,64


 


2,18


 


76,82


 


90,68


 


 


 


90,68




Tonga


5,03


 


 


 


 


0,47


 


 


 


0,47


 


5,50


 


 


 


5,50




Tuvalu


1,90


 


 


 


0,50


0,00


 


 


 


0,50


 


2,40


 


 


 


2,40




Vanuatu


10,23


 


0,14


 


3,00


0,81


 


1,59


 


5,54


 


15,77


5,27


 


5,27


21,04




Western Samoa


14,07


 


 


 


5,00


0,03


 


 


 


5,03


 


19,10


3,43


 


3,43


22,53




* Total Pacific


114,86


—


0,64


—


11,00


76,89


0,48


13,64


—


102,65


—


217,51


8,70


50,00


58,70


276,21




Caribbean Region


42,25


 


 


 


19,68


 


 


 


 


19,68


 


61,93


 


 


 


61,93




Central Africa Region


77,19


 


 


 


 


 


 


 


 


 


 


77,19


 


 


 


77,19




East Africa Region


163,51


 


 


 


 


 


 


 


 


—


 


163,51


 


 


 


163,51




Indian Ocean Region


11,47


 


 


 


 


 


 


 


 


—


 


11,47


 


 


 


11,47




Intra ACP Allocations


723,53


 


 


 


 


 


 


 


 


 


 


723,53


 


 


 


723,53




Multiregional PALOP


10,83


 


 


 


 


 


 


 


 


 


 


10,83


 


 


 


10,83




Pacific Region


32,89


 


 


 


 


 


 


 


 


 


 


32,89


 


 


 


32,89




Southern Africa Region


57,61


 


 


 


 


 


 


 


 


—


 


57,61


 


 


 


57,61




West Africa Region


202,38


1,71


 


 


27,10


 


 


 


 


28,81


 


231,19


 


 


 


231,19




* Total regional cooperation ACP


1 321,67


1,71


—


—


46,78


—


—


—


—


48,49


 


1 370,17


 


 


 


1 370,17




Administrative and financial expenditure


 


 


 


 


 


 


 


 


 


 


35,83


35,83


 


 


 


35,83




All ACP countries


 


(4,29)


60,27


0,61


12,81


16,46


 


 


1 060,00


1 145,86


 


1 145,86


 


 


 


1 145,86




* Total ACP


5 128,73


83,00


136,25


108,21


1 036,71


722,37


101,67


1 496,83


1 060,00


4 745,04


35,83


9 909,60


429,45


252,14


681,59


10 591,19




Anguilla


0,80


 


 


 


 


 


 


 


 


 


 


0,80


 


 


 


0,80




British Virgin Islands


 


0,51


 


 


 


 


 


 


 


0,51


 


0,51


 


 


 


0,51




Montserrat


1,60


 


 


 


 


 


 


 


 


 


 


1,60


 


 


 


1,60




Saint Helena


0,06


 


 


 


 


 


 


 


 


 


 


0,06


 


 


 


0,06




Turks & Caicos Islands


 


 


 


 


3,00


 


 


 


 


3,00


 


3,00


 


 


 


3,00




* Total British OCT


2,45


0,51


—


—


3,00


—


—


—


—


3,51


—


5,97


—


—


 


5,97




Aruba


0,40


 


 


 


 


 


 


 


 


 


 


0,40


 


 


 


0,40




Netherlands Antilles


3,66


 


 


 


 


 


 


 


 


 


 


3,66


 


 


 


3,66




* Total Dutch OCT


4,06


—


—


—


—


—


—


—


—


 


 


4,06


 


 


 


4,06




French Polynesia


10,10


0,29


 


 


3,00


 


 


 


 


3,29


 


13,39


 


 


 


13,39




Mayotte


0,85


 


 


 


 


1,18


 


 


 


1,18


 


2,03


 


 


 


2,03




New Caledonia


7,49


0,33


 


 


 


 


2,49


 


 


2,83


 


10,31


 


 


 


10,31




Saint Pierre & Miquelon


3,47


 


 


 


 


 


 


 


 


 


 


3,47


 


 


 


3,47




Wallis & Futuna


1,45


 


 


 


 


 


 


 


 


 


 


1,45


 


 


 


1,45




* Total French OCT


23,36


0,63


—


—


3,00


1,18


2,49


—


—


7,30


—


30,66


—


—


—


30,66




EDF PTF Regional Projects


4,99


 


 


 


 


 


 


 


 


 


 


4,99


 


 


 


4,99




EDF PTN Regional Projects


1,00


 


 


 


 


 


 


 


 


 


 


1,00


 


 


 


1,00




EDF PTU Regional Projects


1,64


 


 


 


 


 


 


 


 


 


 


1,64


 


 


 


1,64




* Total regional cooperation OCT


7,63


—


—


—


—


—


—


—


—


 


 


7,63


 


 


 


7,63




* Total OCT


37,50


1,14


—


—


6,00


1,18


2,49


—


—


10,81


—


48,31


—


—


—


48,31




* Total ACP + OCT


5 166,22


84,14


136,25


108,21


1 042,71


723,55


104,16


1 496,83


1 060,00


4 755,85


35,83


9 957,91


429,45


252,14


681,59


10 639,50








Table 3.1.4


Situation by instrument and by country






















(EUR million)




8th EDF
Decisions annual 2011


Lomé


Cotonou


Total state




NIP


Non NIP


Total Non-NIP


Interest


Total




Grants


 


A Envelope


B Envelope


Total




Interest-rate subsidies


Emergency Aid


Aid for refugees


Risk capital


Stabex


Sysmin


Structural adjustment


Heavily indebted poor countries




Angola


(0,36)


 


 


 


 


 


 


 


 


 


 


(0,36)


 


 


 


(0,36)




Benin


 


 


 


 


 


 


 


 


 


 


 


—


 


 


 


—




Botswana


(0,60)


 


 


 


 


 


 


 


 


 


 


(0,60)


 


(2,44)


(2,44)


(3,04)




Burkina Faso


 


 


 


 


 


 


 


 


 


 


 


—


 


 


 


—




Burundi


 


 


 


 


 


 


 


 


 


 


 


—


 


 


 


—




Cameroon


 


 


 


 


 


 


 


 


 


 


 


—


 


 


 


—




Cape Verde


 


 


 


 


 


 


 


 


 


 


 


—


 


 


 


—




Central African Republic


 


 


 


 


 


 


 


 


 


 


 


—


 


 


 


—




Chad


 


 


 


 


 


 


 


 


 


 


 


—


 


 


 


—




Comoros


 


 


 


 


 


 


 


 


 


 


 


—


 


 


 


—




Congo (Brazzaville)


 


 


 


 


 


 


 


 


 


 


 


—


 


 


 


—




Democratic Republic of Congo


 


 


 


 


 


 


 


 


 


 


 


—


 


 


 


—




Djibouti


 


 


 


 


 


 


 


 


 


 


 


—


 


 


 


—




Equatorial Guinea


 


 


 


 


 


 


 


 


 


 


 


—


 


 


 


—




Eritrea


 


 


 


 


 


 


 


 


 


 


 


—


 


 


 


—




Ethiopia


(3,29)


 


 


 


 


 


 


 


 


 


 


(3,29)


 


 


 


(3,29)




Gabon


 


 


 


 


 


 


 


 


 


 


 


—


 


 


 


—




Gambia


(0,18)


 


 


 


 


 


 


 


 


 


 


(0,18)


 


 


 


(0,18)




Ghana


(0,81)


 


 


 


 


 


 


 


 


 


 


(0,81)


 


 


 


(0,81)




Guinea Bissau


(0,00)


 


 


 


 


 


 


 


 


 


 


(0,00)


 


 


 


(0,00)




Guinea (Conakry)


 


 


 


 


 


 


 


 


 


 


 


—


 


 


 


—




Ivory Coast


 


 


 


 


 


 


 


 


 


 


 


—


 


 


 


—




Kenya


(0,42)


 


 


 


 


 


 


 


 


 


 


(0,42)


 


 


 


(0,42)




Lesotho


(0,71)


 


 


 


 


 


 


 


 


 


 


(0,71)


 


 


 


(0,71)




Liberia


 


 


 


 


 


 


 


 


 


 


 


—


 


 


 


—




Madagascar


(0,23)


 


 


 


 


 


 


 


 


 


 


(0,23)


 


 


 


(0,23)




Malawi


(1,79)


 


 


 


 


 


 


 


 


 


 


(1,79)


 


 


 


(1,79)




Mali


(0,29)


 


 


 


 


 


 


 


 


 


 


(0,29)


 


 


 


(0,29)




Mauritania


 


 


 


 


 


 


 


 


 


 


 


—


 


 


 


—




Mauritius


 


 


 


 


 


 


 


 


 


 


 


—


 


 


 


—




Mozambique


(5,67)


 


 


 


 


 


 


 


 


 


 


(5,67)


 


 


 


(5,67)




Namibia


(1,10)


 


 


 


 


 


 


 


 


 


 


(1,10)


 


 


 


(1,10)




Niger


(1,21)


 


 


 


 


 


 


 


 


 


 


(1,21)


 


 


 


(1,21)




Nigeria


 


 


 


 


 


 


 


 


 


 


 


—


 


 


 


—




Rwanda


 


 


 


 


 


 


 


 


 


 


 


—


 


 


 


—




Sao Tome & Principe


 


 


 


 


 


 


 


 


 


 


 


—


 


 


 


—




Senegal


(3,98)


 


 


 


 


 


 


 


 


 


 


(3,98)


 


 


 


(3,98)




Seychelles


 


 


 


 


 


 


 


 


 


 


 


—


 


 


 


—




Sierra Leone


 


 


 


 


 


 


 


 


 


 


 


—


 


 


 


—




Somalia


 


 


 


 


 


 


 


 


 


 


 


—


 


 


 


—




Sudan


 


 


 


 


 


 


 


 


 


 


 


—


 


 


 


—




Swaziland


(0,00)


 


 


 


 


 


 


 


 


 


 


(0,00)


 


 


 


(0,00)




Tanzania


(2,21)


 


 


 


 


 


 


 


 


 


 


(2,21)


 


 


 


(2,21)




Togo


 


 


 


 


 


 


 


 


 


 


 


—


 


 


 


—




Uganda


(0,12)


 


 


 


 


 


 


 


 


 


 


(0,12)


 


 


 


(0,12)




Zambia


 


 


 


 


 


 


(10,03)


 


 


(10,03)


 


(10,03)


 


 


 


(10,03)




Zimbabwe


 


 


 


 


 


 


 


 


 


 


 


—


 


 


 


—




* Total Africa


(22,98)


—


—


—


—


—


(10,03)


—


—


(10,03)


—


(33,01)


—


(2,44)


(2,44)


(35,44)




Antigua & Barbuda


(0,01)


 


 


 


 


 


 


 


 


 


 


(0,01)


 


 


 


(0,01)




Bahamas


 


 


 


 


 


 


 


 


 


 


 


—


 


 


 


—




Barbados


 


 


 


 


 


 


 


 


 


 


 


—


 


 


 


—




Belize


 


 


 


 


 


 


 


 


 


 


 


—


 


 


 


—




Dominica


 


 


 


 


 


 


 


 


 


 


 


—


 


 


 


—




Dominican Republic


 


 


 


 


 


 


 


 


 


 


 


—


 


 


 


—




Grenada


 


 


 


 


 


 


 


 


 


 


 


—


 


 


 


—




Guyana


 


 


 


 


 


 


 


 


 


 


 


—


 


 


 


—




Haiti


 


 


 


 


 


 


 


 


 


 


 


—


 


 


 


—




Jamaica


(0,42)


 


 


 


 


 


 


 


 


 


 


(0,42)


 


 


 


(0,42)




Saint Kitts & Nevis


 


 


 


 


 


 


 


 


 


 


 


—


 


 


 


—




Saint Lucia


 


 


 


 


 


 


 


 


 


 


 


—


 


 


 


—




Saint Vincent & the Grenadines


 


 


 


 


 


 


 


 


 


 


 


—


 


 


 


—




Suriname


 


 


 


 


 


 


 


 


 


 


 


—


 


 


 


—




Trinidad & Tobago


 


 


 


 


 


 


 


 


 


 


 


—


 


 


 


—




* Total Caribbean


(0,43)


—


—


—


—


—


—


—


—


—


—


(0,43)


—


—


—


(0,43)




Fiji


 


 


 


 


 


 


 


 


 


 


 


—


 


 


 


—




Kiribati


(0,23)


 


 


 


 


 


 


 


 


 


 


(0,23)


 


 


 


(0,23)




Papua New Guinea


 


 


 


 


 


 


 


 


 


 


 


—


 


 


 


—




Solomon Islands


 


 


 


 


 


 


 


 


 


 


 


—


 


 


 


—




Tonga


 


 


 


 


 


 


 


 


 


 


 


—


 


 


 


—




Tuvalu


 


 


 


 


 


 


 


 


 


 


 


—


 


 


 


—




Vanuatu


 


 


 


 


 


 


 


 


 


 


 


—


 


 


 


—




Western Samoa


 


 


 


 


 


 


 


 


 


 


 


—


 


 


 


—




* Total Pacific


(0,23)


—


—


—


—


—


—


—


—


—


—


(0,23)


—


—


—


(0,23)




Caribbean Region


(0,63)


 


 


 


 


 


 


 


 


 


 


(0,63)


 


 


 


(0,63)




Central Africa Region


 


 


 


 


 


 


 


 


 


 


 


—


 


 


 


—




East Africa Region


(1,07)


 


 


 


 


 


 


 


 


 


 


(1,07)


 


 


 


(1,07)




Indian Ocean Region


(1,05)


 


 


 


 


 


 


 


 


 


 


(1,05)


 


 


 


(1,05)




Intra ACP Allocations


(5,05)


 


 


 


 


 


 


 


 


 


 


(5,05)


 


 


 


(5,05)




Multiregional PALOP


 


 


 


 


 


 


 


 


 


 


 


—


 


 


 


—




Pacific Region


(0,22)


 


 


 


 


 


 


 


 


 


 


(0,22)


 


 


 


(0,22)




Southern Africa Region


(0,52)


 


 


 


 


 


 


 


 


 


 


(0,52)


 


 


 


(0,52)




West Africa Region


(2,55)


 


 


 


 


 


 


 


 


 


 


(2,55)


 


 


 


(2,55)




* Total regional cooperation ACP


(11,10)


—


—


—


—


—


—


—


—


—


—


(11,10)


 


 


 


(11,10)




Administrative and financial expenditure


 


 


 


 


 


 


 


 


 


 


(1,40)


(1,40)


 


 


 


(1,40)




All ACP countries


 


(9,16)


 


(0,51)


 


(0,89)


 


 


 


(10,55)


 


(10,55)


 


 


 


(10,55)




* Total ACP


(34,74)


(9,16)


—


(0,51)


—


(0,89)


(10,03)


—


—


(20,58)


(1,40)


(56,73)


—


(2,44)


(2,44)


(59,16)




Anguilla


 


 


 


 


 


 


 


 


 


 


 


—


 


 


 


 




British Virgin Islands


 


 


 


 


 


 


 


 


 


 


 


—


 


 


 


 




Montserrat


(0,07)


 


 


 


 


 


 


 


 


 


 


(0,07)


 


 


 


(0,07)




Saint Helena


 


 


 


 


 


 


 


 


 


 


 


—


 


 


 


 




Turks & Caicos Islands


 


 


 


 


 


 


 


 


 


 


 


—


 


 


 


 




* Total British OCT


(0,07)


—


—


—


—


—


—


—


—


—


—


(0,07)


—


—


—


(0,07)




Aruba


 


 


 


 


 


 


 


 


 


 


 


—


 


 


 


 




Netherlands Antilles


 


 


 


 


 


 


 


 


 


 


 


—


 


 


 


—




* Total Dutch OCT


—


—


—


—


—


—


—


—


—


—


—


—


—


—


—


—




French Polynesia


 


 


 


 


 


 


 


 


 


 


 


 


 


 


 


 




Mayotte


 


 


 


 


 


 


 


 


 


 


 


 


 


 


 


 




New Caledonia


 


 


 


 


 


 


 


 


 


 


 


—


 


 


 


 




Saint Pierre & Miquelon


 


 


 


 


 


 


 


 


 


 


 


—


 


 


 


 




Wallis & Futuna


(0,02)


 


 


 


 


 


 


 


 


 


 


(0,02)


 


 


 


 




* Total French OCT


(0,02)


—


—


—


—


—


—


—


—


—


—


(0,02)


—


—


—


—




EDF PTF REGIONAL Projects


 


 


 


 


 


 


 


 


 


 


 


—


 


 


 


—




EDF PTN REGIONAL Projects


 


 


 


 


 


 


 


 


 


 


 


 


 


 


 


 




EDF PTU REGIONAL Projects


 


 


 


 


 


 


 


 


 


 


 


 


 


 


 


 




* Total regional cooperation OCT


(0,29)


—


—


—


—


—


—


—


—


—


—


(0,29)


—


—


—


(0,29)




* Total OCT


(0,37)


—


—


—


—


—


—


—


—


—


—


(0,37)


—


—


—


(0,37)




* Total ACP + OCT


(35,11)


(9,16)


—


(0,51)


—


(0,89)


(10,03)


—


—


(20,58)


(1,40)


(57,10)


—


(2,44)


(2,44)


(59,54)








Table 3.1.5


Situation by instrument and by country






















(EUR million)




8th EDF
Assigned funds cumulative 2011


Lomé


Cotonou


Total state




NIP


Non NIP


Total Non-NIP


Interest


Total




Grants


 


A Envelope


B Envelope


Total




Interest-rate subsidies


Emergency Aid


Aid for refugees


Risk capital


Stabex


Sysmin


Structural adjustment


Heavily indebted poor countries




Angola


77,26


 


11,18


15,88


 


 


 


 


 


27,06


 


104,31


 


 


 


104,31




Benin


111,99


 


 


 


5,76


1,02


 


52,76


 


59,53


 


171,52


 


 


 


171,52




Botswana


31,27


2,10


 


 


 


 


0,11


 


 


2,21


 


33,48


3,72


27,56


31,28


64,76




Burkina Faso


172,27


 


1,01


 


13,92


1,54


 


87,60


 


104,07


 


276,33


117,76


 


117,76


394,10




Burundi


13,06


 


 


25,00


 


19,63


 


9,23


 


53,86


 


66,91


 


 


 


66,91




Cameroon


102,98


 


 


 


68,62


17,41


 


43,99


 


130,03


 


233,01


 


 


 


233,01




Cape Verde


29,22


2,58


 


 


4,77


0,66


 


17,98


 


25,99


 


55,22


 


 


 


55,22




Central African Republic


54,75


 


0,40


 


 


6,31


 


22,90


 


29,61


 


84,36


 


 


 


84,36




Chad


144,85


 


2,05


 


15,55


 


 


50,98


 


68,57


 


213,43


 


 


 


213,43




Comoros


10,46


 


0,71


 


 


4,94


 


 


 


5,66


 


16,12


 


 


 


16,12




Congo (Brazzaville)


10,61


 


 


3,63


 


 


 


 


 


3,63


 


14,24


 


 


 


14,24




Democratic Republic of Congo


18,96


 


1,91


21,35


 


 


 


4,69


 


27,96


 


46,92


 


 


 


46,92




Djibouti


15,68


 


 


2,00


 


 


 


9,00


 


11,00


 


26,68


 


 


 


26,68




Equatorial Guinea


3,28


 


 


 


 


0,79


 


 


 


0,79


 


4,08


 


 


 


4,08




Eritrea


0,08


 


9,55


8,37


 


 


 


 


 


17,93


 


18,01


 


 


 


18,01




Ethiopia


139,12


 


3,36


6,64


66,00


5,24


 


112,60


 


193,85


 


332,97


0,04


 


0,04


333,01




Gabon


37,18


 


 


 


32,85


 


0,45


6,60


 


39,91


 


77,09


 


34,29


34,29


111,38




Gambia


15,97


 


 


 


 


4,49


 


9,04


 


13,53


 


29,50


 


 


 


29,50




Ghana


121,58


 


 


 


17,05


 


 


78,57


 


95,62


 


217,20


 


39,78


39,78


256,98




Guinea Bissau


41,53


 


3,29


 


 


0,37


 


1,41


 


5,07


 


46,60


34,53


 


34,53


81,13




Guinea (Conakry)


95,64


 


 


 


 


 


 


21,36


 


21,36


 


117,00


 


 


 


117,00




Ivory Coast


54,14


0,33


 


 


 


82,04


 


21,67


 


104,03


 


158,17


 


 


 


158,17




Kenya


66,10


8,09


4,23


 


35,86


51,05


 


17,00


 


116,23


 


182,34


 


 


 


182,34




Lesotho


48,85


1,10


 


 


 


 


 


14,77


 


15,87


 


64,72


 


 


 


64,72




Liberia


 


 


4,96


19,90


 


 


 


 


 


24,86


 


24,86


 


 


 


24,86




Madagascar


161,05


 


1,71


 


45,81


20,81


 


44,73


 


113,05


 


274,10


55,00


 


55,00


329,10




Malawi


184,59


 


1,39


 


10,71


11,42


 


49,80


 


73,33


 


257,92


27,63


 


27,63


285,54




Mali


198,98


 


4,66


 


35,70


 


 


79,41


 


119,77


 


318,75


 


 


 


318,75




Mauritania


57,68


3,92


 


0,22


25,78


18,56


0,15


26,92


 


75,55


 


133,24


 


37,12


37,12


170,36




Mauritius


30,07


12,23


 


 


12,93


 


 


 


 


25,16


 


55,23


 


 


 


55,23




Mozambique


169,45


5,24


 


 


93,51


 


 


131,21


 


229,96


 


399,41


142,03


 


142,03


541,44




Namibia


48,93


17,36


 


1,11


4,23


 


0,20


 


 


22,89


 


71,82


 


 


 


71,82




Niger


111,27


 


0,28


 


 


 


0,14


39,44


 


39,86


 


151,13


0,99


43,51


44,50


195,63




Nigeria


 


 


 


 


5,00


 


 


 


 


5,00


 


5,00


 


 


 


5,00




Rwanda


94,61


 


 


 


 


25,99


 


55,40


 


81,39


 


176,00


 


 


 


176,00




Sao Tome & Principe


8,52


 


 


 


 


 


 


3,71


 


3,71


 


12,23


 


 


 


12,23




Senegal


95,01


4,12


 


 


45,94


38,69


0,46


52,68


 


141,90


 


236,91


 


 


 


236,91




Seychelles


5,46


 


 


 


1,77


 


 


 


 


1,77


 


7,23


 


 


 


7,23




Sierra Leone


63,34


 


 


 


 


5,39


 


30,40


 


35,79


 


99,12


 


 


 


99,12




Somalia


48,77


 


 


 


 


 


 


 


 


0,00


 


48,77


 


 


 


48,77




Sudan


 


 


19,22


 


 


92,74


 


 


 


111,96


 


111,96


 


 


 


111,96




Swaziland


23,38


8,43


 


 


29,76


 


 


 


 


38,19


 


61,57


3,94


 


3,94


65,50




Tanzania


199,38


 


 


3,50


102,14


34,81


 


136,89


 


277,34


 


476,73


 


 


 


476,73




Togo


 


 


 


 


 


9,71


 


 


 


9,71


 


9,71


 


 


 


9,71




Uganda


194,14


 


1,60


 


92,03


35,57


 


94,27


 


223,48


 


417,61


 


 


 


417,61




Zambia


136,82


 


3,64


 


102,56


 


86,57


90,70


 


283,47


 


420,29


 


 


 


420,29




Zimbabwe


86,63


 


 


 


3,25


14,90


0,13


 


 


18,28


 


104,91


 


 


 


104,91




* Total Africa


3 334,92


65,50


75,17


107,60


871,50


504,09


88,20


1 417,71


—


3 129,77


0,00


6 464,68


385,64


182,27


567,92


7 032,60




Antigua & Barbuda


0,61


 


 


 


 


 


 


 


 


0,00


 


0,61


 


 


 


0,61




Bahamas


2,20


 


 


 


 


 


 


 


 


0,00


 


2,20


 


 


 


2,20




Barbados


3,98


2,71


 


 


 


 


 


 


 


2,71


 


6,69


 


 


 


6,69




Belize


10,36


 


 


 


8,70


 


 


 


 


8,70


 


19,06


0,13


 


0,13


19,19




Dominica


6,24


 


 


 


2,78


29,10


 


 


 


31,87


 


38,12


 


 


 


38,12




Dominican Republic


94,07


8,85


0,17


 


30,98


 


0,34


 


 


40,35


 


134,42


 


 


 


134,42




Grenada


0,55


 


 


 


 


2,84


 


 


 


2,84


 


3,40


 


 


 


3,40




Guyana


29,70


 


 


 


6,61


 


11,84


10,69


 


29,14


 


58,84


 


 


 


58,84




Haiti


63,93


 


 


 


 


3,10


 


11,70


 


14,80


 


78,73


 


 


 


78,73




Jamaica


52,65


6,41


 


 


27,54


9,48


 


43,00


 


86,43


 


139,09


26,85


 


26,85


165,93




Saint Kitts & Nevis


2,72


 


 


 


4,00


 


 


 


 


4,00


 


6,72


 


 


 


6,72




Saint Lucia


1,30


0,84


 


 


 


47,74


 


 


 


48,58


 


49,88


 


 


 


49,88




Saint Vincent & the Grenadines


1,66


0,28


 


 


 


32,16


 


 


 


32,44


 


34,11


 


 


 


34,11




Suriname


19,20


0,20


 


 


 


 


 


 


 


0,20


 


19,40


 


 


 


19,40




Trinidad & Tobago


6,60


0,78


 


 


7,00


 


 


 


 


7,78


 


14,38


 


 


 


14,38




* Total Caribbean


295,79


20,08


0,17


—


87,61


124,42


12,18


65,39


—


309,86


—


605,64


26,98


—


26,98


632,62




Fiji


16,91


 


0,41


 


2,00


 


 


 


 


2,41


 


19,32


 


 


 


19,32




Kiribati


9,01


 


 


 


0,50


0,28


 


 


 


0,78


 


9,79


 


 


 


9,79




Papua New Guinea


40,60


 


0,08


 


 


0,64


0,48


9,88


 


11,07


 


51,68


 


47,22


47,22


98,90




Solomon Islands


13,52


 


 


 


 


74,64


 


2,18


 


76,82


 


90,34


 


 


 


90,34




Tonga


5,03


 


 


 


 


0,46


 


 


 


0,46


 


5,49


 


 


 


5,49




Tuvalu


1,90


 


 


 


0,50


0,00


 


 


 


0,50


 


2,40


 


 


 


2,40




Vanuatu


10,23


 


0,14


 


3,00


0,81


 


1,59


 


5,54


 


15,77


5,22


 


5,22


20,99




Western Samoa


14,07


 


 


 


5,00


0,03


 


 


 


5,03


 


19,10


3,43


 


3,43


22,53




* Total Pacific


111,27


0,00


0,64


 


11,00


76,88


0,48


13,64


 


102,63


 


213,90


8,65


47,22


55,87


269,77




Caribbean Region


41,66


 


 


 


18,60


 


 


 


 


18,60


 


60,26


 


 


 


60,26




Central Africa Region


76,82


 


 


 


 


 


 


 


 


0,00


 


76,82


 


 


 


76,82




East Africa Region


162,27


 


 


 


 


 


 


 


 


0,00


 


162,27


 


 


 


162,27




Indian Ocean Region


11,47


 


 


 


 


 


 


 


 


0,00


 


11,47


 


 


 


11,47




Intra ACP Allocations


697,22


 


 


 


 


 


 


 


 


0,00


 


697,22


 


 


 


697,22




Multiregional PALOP


10,40


 


 


 


 


 


 


 


 


0,00


 


10,40


 


 


 


10,40




Pacific Region


32,73


 


 


 


 


 


 


 


 


0,00


 


32,73


 


 


 


32,73




Southern Africa Region


57,20


 


 


 


 


 


 


 


 


0,00


 


57,20


 


 


 


57,20




West Africa Region


199,17


1,71


 


 


27,10


 


 


 


 


28,81


 


227,99


 


 


 


227,99




* Total regional cooperation ACP


1 288,93


1,71


—


—


45,70


—


—


—


—


47,41


—


1 336,34


—


—


—


1 336,34




Administrative and financial expenditure


 


 


 


 


 


 


 


 


 


 


35,62


35,62


 


 


 


35,62




All ACP countries


 


(4,29)


60,27


(1,64)


12,90


13,87


 


 


1 060,00


1 141,11


 


1 141,11


 


 


 


1 141,11




* Total ACP


5 030,90


83,00


136,25


105,96


1 028,71


719,26


100,86


1 496,74


1 060,00


4 730,77


35,62


9 797,29


421,27


229,50


650,77


10 448,06




Anguilla


0,80


 


 


 


 


 


 


 


 


 


 


0,80


 


 


 


0,80




British Virgin Islands


 


0,51


 


 


 


 


 


 


 


0,51


 


0,51


 


 


 


0,51




Montserrat


1,60


 


 


 


 


 


 


 


 


 


 


1,60


 


 


 


1,60




Saint Helena


0,06


 


 


 


 


 


 


 


 


 


 


0,06


 


 


 


0,06




Turks & Caicos Islands


 


 


 


 


3,00


 


 


 


 


3,00


 


3,00


 


 


 


3,00




* Total British OCT


2,45


0,51


—


—


3,00


—


—


—


—


3,51


—


5,97


—


—


—


5,97




Aruba


0,40


 


 


 


 


 


 


 


 


 


 


0,40


 


 


 


0,40




Netherlands Antilles


3,66


 


 


 


 


 


 


 


 


 


 


3,66


 


 


 


3,66




* Total Dutch OCT


4,06


—


—


—


—


—


—


—


—


—


—


4,06


—


—


—


4,06




French Polynesia


10,10


0,29


 


 


3,00


 


 


 


 


3,29


 


13,39


 


 


 


13,39




Mayotte


0,85


 


 


 


 


1,18


 


 


 


1,18


 


2,03


 


 


 


2,03




New Caledonia


7,45


0,33


 


 


 


 


2,46


 


 


2,79


 


10,24


 


 


 


10,24




Saint Pierre & Miquelon


3,47


 


 


 


 


 


 


 


 


 


 


3,47


 


 


 


3,47




Wallis & Futuna


1,45


 


 


 


 


 


 


 


 


 


 


1,45


 


 


 


1,45




* Total French OCT


23,32


0,63


—


—


3,00


1,18


2,46


—


—


7,27


—


30,59


 


 


 


30,59




EDF PTF REGIONAL Projects


4,92


 


 


 


 


 


 


 


 


 


 


4,92


 


 


 


4,92




EDF PTN REGIONAL Projects


0,46


 


 


 


 


 


 


 


 


 


 


0,46


 


 


 


0,46




EDF PTU REGIONAL Projects


0,12


 


 


 


 


 


 


 


 


 


 


0,12


 


 


 


0,12




* Total regional cooperation OCT


5,49


—


—


—


—


—


—


—


—


—


—


5,49


—


—


—


5,49




* Total OCT


35,32


1,14


—


—


6,00


1,18


2,46


—


—


10,78


—


46,10


—


—


—


46,10




* Total ACP + OCT


5 066,22


84,14


136,25


105,96


1 034,71


720,44


103,32


1 496,74


1 060,00


4 741,55


35,62


9 843,39


421,27


229,50


650,77


10 494,16








Table 3.1.6


Situation by instrument and by country






















(EUR million)




8th EDF
Assigned funds annual 2011


Lomé


Cotonou


Total state




NIP


Non NIP


Total Non-NIP


Interest


Total




Grants


 


A Envelope


B Envelope


Total




Interest-rate subsidies


Emergency Aid


Aid for refugees


Risk capital


Stabex


Sysmin


Structural adjustment


Heavily indebted poor countries




Angola


(0,29)


 


 


 


 


 


 


 


 


 


 


(0,29)


 


 


 


(0,29)




Benin


 


 


 


 


 


 


 


 


 


 


 


 


 


 


 


 




Botswana


(0,60)


 


 


 


 


 


 


 


 


 


 


(0,60)


 


(1,62)


(1,62)


(2,22)




Burkina Faso


 


 


 


 


 


 


 


 


 


 


 


 


 


 


 


 




Burundi


 


 


 


 


 


 


 


 


 


 


 


 


 


 


 


 




Cameroon


 


 


 


 


 


 


 


 


 


 


 


 


 


 


 


 




Cape Verde


(0,21)


 


 


 


 


 


 


 


 


 


 


(0,21)


 


 


 


(0,21)




Central African Republic


(0,18)


 


 


 


 


 


 


 


 


 


 


(0,18)


 


 


 


(0,18)




Chad


(0,07)


 


 


 


 


 


 


 


 


 


 


(0,07)


 


 


 


(0,07)




Comoros


 


 


 


 


 


 


 


 


 


 


 


 


 


 


 


 




Congo (Brazzaville)


(0,02)


 


 


 


 


 


 


 


 


 


 


(0,02)


 


 


 


(0,02)




Democratic Republic of Congo


(1,33)


 


 


 


 


 


 


 


 


 


 


(1,33)


 


 


 


(1,33)




Djibouti


 


 


 


 


 


 


 


 


 


 


 


 


 


 


 


 




Equatorial Guinea


(0,01)


 


 


 


 


 


 


 


 


 


 


(0,01)


 


 


 


(0,01)




Eritrea


 


 


 


 


 


 


 


 


 


 


 


 


 


 


 


 




Ethiopia


(3,53)


 


 


 


 


 


 


 


 


 


 


(3,53)


 


 


 


(3,53)




Gabon


 


 


 


 


 


 


 


 


 


 


 


 


 


(0,00)


(0,00)


(0,00)




Gambia


(1,46)


 


 


 


 


 


 


 


 


 


 


(1,46)


 


 


 


(1,46)




Ghana


0,91


 


 


 


 


 


 


 


 


 


 


0,91


 


(0,08)


(0,08)


0,83




Guinea Bissau


 


 


 


 


 


 


 


 


 


 


 


 


(0,06)


 


(0,06)


(0,06)




Guinea (Conakry)


(0,97)


 


 


 


 


 


 


 


 


 


 


(0,97)


 


 


 


(0,97)




Ivory Coast


(0,52)


 


 


 


 


 


 


 


 


 


 


(0,52)


 


 


 


(0,52)




Kenya


(1,56)


 


 


 


 


 


 


 


 


 


 


(1,56)


 


 


 


(1,56)




Lesotho


(1,53)


 


 


 


 


 


 


 


 


 


 


(1,53)


 


 


 


(1,53)




Liberia


 


 


 


 


 


 


 


 


 


 


 


 


 


 


 


 




Madagascar


(0,16)


 


 


 


 


 


 


 


 


 


 


(0,16)


 


 


 


(0,16)




Malawi


(1,91)


 


 


 


 


 


 


 


 


 


 


(1,91)


(1,98)


 


(1,98)


(3,90)




Mali


(0,46)


 


 


 


 


 


 


 


 


 


 


(0,46)


 


 


 


(0,46)




Mauritania


(0,13)


 


 


 


 


 


 


 


 


 


 


(0,13)


 


34,22


34,22


34,09




Mauritius


 


 


 


 


 


 


 


 


 


 


 


 


 


 


 


 




Mozambique


(2,62)


 


 


 


 


 


 


 


 


 


 


(2,62)


 


 


 


(2,62)




Namibia


(0,47)


 


 


 


 


 


 


 


 


 


 


(0,47)


 


 


 


(0,47)




Niger


(0,86)


 


 


 


 


 


 


 


 


 


 


(0,86)


 


(1,06)


(1,06)


(1,92)




Nigeria


 


 


 


 


 


 


 


 


 


 


 


 


 


 


 


 




Rwanda


0,01


 


 


 


 


 


 


 


 


 


 


0,01


 


 


 


0,01




Sao Tome & Principe


 


 


 


 


 


 


 


 


 


 


 


 


 


 


 


 




Senegal


(3,17)


 


 


 


 


 


 


 


 


 


 


(3,17)


 


 


 


(3,17)




Seychelles


 


 


 


 


 


 


 


 


 


 


 


 


 


 


 


 




Sierra Leone


(1,01)


 


 


 


 


 


 


 


 


 


 


(1,01)


 


 


 


(1,01)




Somalia


(0,64)


 


 


 


 


 


 


 


 


 


 


(0,64)


 


 


 


(0,64)




Sudan


 


 


 


 


 


 


 


 


 


 


 


 


 


 


 


 




Swaziland


(0,07)


 


 


 


 


 


 


 


 


 


 


(0,07)


0,02


 


0,02


(0,05)




Tanzania


0,82


 


 


 


 


 


 


 


 


 


 


0,82


 


 


 


0,82




Togo


 


 


 


 


 


 


 


 


 


 


 


 


 


 


 


 




Uganda


(2,32)


 


 


 


 


 


 


 


 


 


 


(2,32)


 


 


 


(2,32)




Zambia


(0,16)


 


 


 


 


 


(8,92)


 


 


(8,92)


 


(9,08)


 


 


 


(9,08)




Zimbabwe


 


 


 


 


 


 


 


 


 


0,00


 


 


 


 


 


 




* Total Africa


(24,52)


—


0,00


0,00


—


0,00


(8,92)


0,00


—


(8,92)


—


(33,44)


(2,02)


31,45


29,44


(4,00)




Antigua & Barbuda


(0,00)


 


 


 


 


 


 


 


 


 


 


(0,00)


 


 


 


(0,00)




Bahamas


 


 


 


 


 


 


 


 


 


 


 


 


 


 


 


 




Barbados


 


 


 


 


 


 


 


 


 


 


 


 


 


 


 


 




Belize


 


 


 


 


 


 


 


 


 


 


 


 


 


 


 


 




Dominica


 


 


 


 


 


 


 


 


 


 


 


 


 


 


 


 




Dominican Republic


(0,27)


 


 


 


 


 


 


 


 


 


 


(0,27)


 


 


 


(0,27)




Grenada


(0,02)


 


 


 


 


 


 


 


 


 


 


(0,02)


 


 


 


(0,02)




Guyana


(0,50)


 


 


 


 


 


 


 


 


 


 


(0,50)


 


 


 


(0,50)




Haiti


 


 


 


 


 


 


 


 


 


 


 


 


 


 


 


 




Jamaica


(0,22)


 


 


 


 


 


 


 


 


 


 


(0,22)


 


 


 


(0,22)




Saint Kitts & Nevis


 


 


 


 


 


 


 


 


 


 


 


 


 


 


 


 




Saint Lucia


 


 


 


 


 


 


 


 


 


 


 


 


 


 


 


 




Saint Vincent & the Grenadines


 


 


 


 


 


 


 


 


 


 


 


 


 


 


 


 




Suriname


(0,03)


 


 


 


 


 


 


 


 


 


 


(0,03)


 


 


 


(0,03)




Trinidad & Tobago


 


 


 


 


 


 


 


 


 


 


 


 


 


 


 


 




* Total Caribbean


(1,03)


—


—


—


—


—


—


—


—


—


—


(1,03)


—


—


—


(1,03)




Fiji


 


 


 


 


 


 


 


 


 


 


 


 


 


 


 


 




Kiribati


(0,02)


 


 


 


 


 


 


 


 


 


 


(0,02)


 


 


 


(0,02)




Papua New Guinea


(0,31)


 


 


 


 


 


 


 


 


 


 


(0,31)


 


(1,59)


(1,59)


(1,90)




Solomon Islands


 


 


 


 


 


 


 


 


 


 


 


 


 


 


 


 




Tonga


 


 


 


 


 


 


 


 


 


 


 


 


 


 


 


 




Tuvalu


 


 


 


 


 


 


 


 


 


 


 


 


 


 


 


 




Vanuatu


 


 


 


 


 


 


 


 


 


 


 


 


(0,00)


 


(0,00)


(0,00)




Western Samoa


 


 


 


 


 


 


 


 


 


 


 


 


 


 


 


 




* Total Pacific


(0,34)


—


—


—


—


—


—


—


—


—


—


(0,34)


(0,00)


(1,59)


(1,59)


(1,93)




Caribbean Region


(0,31)


 


 


 


 


 


 


 


 


 


 


(0,31)


 


 


 


(0,31)




Central Africa Region


(0,04)


 


 


 


 


 


 


 


 


 


 


(0,04)


 


 


 


(0,04)




East Africa Region


(0,45)


 


 


 


 


 


 


 


 


 


 


(0,45)


 


 


 


(0,45)




Indian Ocean Region


(0,08)


 


 


 


 


 


 


 


 


 


 


(0,08)


 


 


 


(0,08)




Intra ACP Allocations


5,18


 


 


 


 


 


 


 


 


 


 


5,18


 


 


 


5,18




Multiregional PALOP


(0,00)


 


 


 


 


 


 


 


 


 


 


(0,00)


 


 


 


(0,00)




Pacific Region


(0,14)


 


 


 


 


 


 


 


 


 


 


(0,14)


 


 


 


(0,14)




Southern Africa Region


(0,47)


 


 


 


 


 


 


 


 


 


 


(0,47)


 


 


 


(0,47)




West Africa Region


(0,58)


 


 


 


 


 


 


 


 


 


 


(0,58)


 


 


 


(0,58)




* Total regional cooperation ACP


3,11


—


—


—


—


—


—


—


—


—


—


3,11


—


—


—


3,11




Administrative and financial expenditure


 


 


 


 


 


 


 


 


 


 


(0,74)


(0,74)


 


 


 


(0,74)




All ACP countries


 


(8,35)


 


(1,02)


 


0,57


 


 


 


(8,80)


 


(8,80)


 


 


 


(8,80)




* Total ACP


(22,78)


(8,35)


0,00


(1,02)


0,00


0,57


(8,92)


0,00


—


(17,72)


(0,74)


(41,25)


(2,02)


29,87


27,85


(13,40)




Anguilla


 


 


 


 


 


 


 


 


 


 


 


—


 


 


 


 




British Virgin Islands


 


 


 


 


 


 


 


 


 


 


 


—


 


 


 


 




Montserrat


(0,05)


 


 


 


 


 


 


 


 


 


 


(0,05)


 


 


 


 




Saint Helena


 


 


 


 


 


 


 


 


 


 


 


—


 


 


 


 




Turks & Caicos Islands


 


 


 


 


 


 


 


 


 


 


 


—


 


 


 


 




* Total British OCT


(0,05)


—


—


—


—


—


—


—


—


—


—


(0,05)


—


—


—


(0,05)




Aruba


 


 


 


 


 


 


 


 


 


 


 


 


 


 


 


 




Netherlands Antilles


 


 


 


 


 


 


 


 


 


 


 


 


 


 


 


 




* Total Dutch OCT


—


—


—


—


—


—


—


—


—


—


—


0,00


—


—


—


0,00




French Polynesia


 


 


 


 


 


 


 


 


 


 


 


 


 


 


 


 




Mayotte


 


 


 


 


 


 


 


 


 


 


 


 


 


 


 


 




New Caledonia


 


 


 


 


 


 


 


 


 


 


 


 


 


 


 


 




Saint Pierre & Miquelon


 


 


 


 


 


 


 


 


 


 


 


 


 


 


 


 




Wallis & Futuna


 


 


 


 


 


 


 


 


 


 


 


 


 


 


 


 




* Total French OCT


—


—


—


—


—


—


—


—


—


 


—


0,00


—


—


—


0,00




EDF PTF REGIONAL Projects


 


 


 


 


 


 


 


 


 


 


 


 


 


 


 


 




EDF PTN REGIONAL Projects


 


 


 


 


 


 


 


 


 


 


 


 


 


 


 


 




EDF PTU REGIONAL Projects


 


 


 


 


 


 


 


 


 


 


 


 


 


 


 


 




* Total regional cooperation OCT


0,00


—


—


—


—


—


—


—


—


—


—


 


—


—


—


0,00




* Total OCT


(0,05)


—


—


—


—


—


 


—


—


0,00


—


(0,05)


—


—


—


(0,05)




* Total ACP + OCT


(22,83)


(8,35)


0,00


(1,02)


0,00


0,57


(8,92)


0,00


 


(17,72)


(0,74)


(41,30)


(2,02)


29,87


27,85


(13,45)








Table 3.1.7


Situation by instrument and by country






















(EUR million)




8th EDF
Payments cumulative 2011


Lomé


Cotonou


Total state




NIP


Non NIP


Total Non-NIP


Interest


Total




Grants


 


A Envelope


B Envelope


Total




Interest-rate subsidies


Emergency Aid


Aid for refugees


Risk capital


Stabex


Sysmin


Structural adjustment


Heavily indebted poor countries




Angola


71,54


 


11,18


15,17


 


 


 


 


 


26,35


 


97,89


 


 


 


97,89




Benin


111,99


 


 


 


5,76


0,97


 


52,76


 


59,49


 


171,47


 


 


 


171,47




Botswana


31,27


1,30


 


 


 


 


0,11


 


 


1,40


 


32,67


3,36


27,56


30,93


63,60




Burkina Faso


170,20


 


1,01


 


13,92


1,54


 


87,60


 


104,07


 


274,27


117,64


 


117,64


391,92




Burundi


13,06


 


 


22,50


 


19,63


 


9,23


 


51,36


 


64,41


 


 


 


64,41




Cameroon


102,40


 


 


 


68,32


17,41


 


43,99


 


129,73


 


232,14


 


 


 


232,14




Cape Verde


28,71


2,58


 


 


4,77


0,66


 


17,98


 


25,99


 


54,70


 


 


 


54,70




Central African Republic


54,69


 


0,40


 


 


6,31


 


22,90


 


29,61


 


84,30


 


 


 


84,30




Chad


142,48


 


2,05


 


15,55


 


 


50,98


 


68,57


 


211,05


 


 


 


211,05




Comoros


10,46


 


0,71


 


 


4,89


 


 


 


5,60


 


16,07


 


 


 


16,07




Congo (Brazzaville)


9,11


 


 


3,63


 


 


 


 


 


3,63


 


12,74


 


 


 


12,74




Democratic Republic of Congo


18,96


 


1,91


21,00


 


 


 


4,69


 


27,61


 


46,57


 


 


 


46,57




Djibouti


15,68


 


 


2,00


 


 


 


9,00


 


11,00


 


26,68


 


 


 


26,68




Equatorial Guinea


3,17


 


 


 


 


0,79


 


 


 


0,79


 


3,96


 


 


 


3,96




Eritrea


0,08


 


9,55


8,37


 


 


 


 


 


17,93


 


18,01


 


 


 


18,01




Ethiopia


136,85


 


3,36


5,66


57,15


5,35


 


112,60


 


184,12


 


320,97


0,04


 


0,04


321,02




Gabon


37,10


 


 


 


32,85


 


0,45


6,60


 


39,91


 


77,01


 


27,11


27,11


104,12




Gambia


15,81


 


 


 


 


4,49


 


9,04


 


13,53


 


29,34


 


 


 


29,34




Ghana


121,58


 


 


 


17,05


 


 


78,57


 


95,62


 


217,20


 


39,33


39,33


256,53




Guinea Bissau


40,85


 


3,29


 


 


0,37


 


1,41


 


5,07


 


45,92


34,24


 


34,24


80,17




Guinea (Conakry)


89,32


 


 


 


 


 


 


21,36


 


21,36


 


110,68


 


 


 


110,68




Ivory Coast


53,17


0,33


 


 


 


80,86


 


21,67


 


102,86


 


156,03


 


 


 


156,03




Kenya


62,96


8,09


4,23


 


35,86


51,05


 


17,00


 


116,23


 


179,19


 


 


 


179,19




Lesotho


48,34


1,10


 


 


 


 


 


14,77


 


15,87


 


64,20


 


 


 


64,20




Liberia


 


 


4,96


19,13


 


 


 


 


 


24,09


 


24,09


 


 


 


24,09




Madagascar


161,05


 


1,71


 


45,81


20,81


 


44,73


 


113,05


 


274,10


55,00


 


55,00


329,10




Malawi


183,63


 


1,39


 


10,71


10,53


 


49,80


 


72,43


 


256,06


25,16


 


25,16


281,22




Mali


198,24


 


4,66


 


35,70


 


 


79,41


 


119,77


 


318,00


 


 


 


318,00




Mauritania


57,36


3,92


 


0,22


25,78


19,00


0,15


26,92


 


76,00


 


133,36


 


26,80


26,80


160,16




Mauritius


30,07


1,41


 


 


9,16


 


 


 


 


10,56


 


40,63


 


 


 


40,63




Mozambique


167,09


5,24


 


 


92,93


 


 


131,21


 


229,38


 


396,47


142,03


 


142,03


538,50




Namibia


48,93


17,36


 


1,11


4,23


 


0,20


 


 


22,89


 


71,82


 


 


 


71,82




Niger


111,25


 


0,28


 


 


 


0,14


39,44


 


39,86


 


151,12


0,99


40,56


41,55


192,66




Nigeria


 


 


 


 


5,00


 


 


 


 


5,00


 


5,00


 


 


 


5,00




Rwanda


94,59


 


 


 


 


25,99


 


55,40


 


81,39


 


175,98


 


 


 


175,98




Sao Tome & Principe


8,52


 


 


 


 


 


 


3,71


 


3,71


 


12,23


 


 


 


12,23




Senegal


94,84


4,12


 


 


45,34


38,69


0,46


52,68


 


141,30


 


236,14


 


 


 


236,14




Seychelles


5,46


 


 


 


1,77


 


 


 


 


1,77


 


7,23


 


 


 


7,23




Sierra Leone


62,43


 


 


 


 


5,39


 


30,40


 


35,79


 


98,22


 


 


 


98,22




Somalia


48,19


 


 


 


 


 


 


 


 


 


 


48,19


 


 


 


48,19




Sudan


 


 


19,22


 


 


105,05


 


 


 


124,27


 


124,27


 


 


 


124,27




Swaziland


21,77


4,72


 


 


28,01


 


 


 


 


32,73


 


54,50


3,00


 


3,00


57,50




Tanzania


189,89


 


 


3,50


102,14


34,81


 


136,89


 


277,34


 


467,23


 


 


 


467,23




Togo


 


 


 


 


 


9,71


 


 


 


9,71


 


9,71


 


 


 


9,71




Uganda


194,11


 


1,60


 


92,03


35,32


 


94,27


 


223,23


 


417,34


 


 


 


417,34




Zambia


136,33


 


3,64


 


102,56


 


86,57


90,70


 


283,48


 


419,80


 


 


 


419,80




Zimbabwe


86,63


 


 


 


3,25


15,31


0,13


 


 


18,69


 


105,32


 


 


 


105,32




* Total Africa


3 290,18


50,16


75,17


102,29


855,66


514,94


88,20


1 417,71


—


3 104,13


—


6 394,31


381,49


161,36


542,84


6 937,15




Antigua & Barbuda


0,50


 


 


 


 


 


 


 


 


 


 


0,50


 


 


 


0,50




Bahamas


2,20


 


 


 


 


 


 


 


 


 


 


2,20


 


 


 


2,20




Barbados


3,51


2,71


 


 


 


 


 


 


 


2,71


 


6,22


 


 


 


6,22




Belize


10,36


 


 


 


7,54


 


 


 


 


7,54


 


17,90


0,13


 


0,13


18,03




Dominica


6,24


 


 


 


2,78


29,10


 


 


 


31,87


 


38,11


 


 


 


38,11




Dominican Republic


94,03


0,88


0,17


 


30,98


 


0,34


 


 


32,38


 


126,41


 


 


 


126,41




Grenada


0,48


 


 


 


 


2,89


 


 


 


2,89


 


3,38


 


 


 


3,38




Guyana


28,82


 


 


 


5,11


 


11,77


10,69


 


27,58


 


56,39


 


 


 


56,39




Haiti


63,00


 


 


 


 


3,10


 


11,70


 


14,80


 


77,80


 


 


 


77,80




Jamaica


52,65


6,41


 


 


27,54


9,48


 


43,00


 


86,43


 


139,09


26,85


 


26,85


165,93




Saint Kitts & Nevis


2,72


 


 


 


4,00


 


 


 


 


4,00


 


6,72


 


 


 


6,72




Saint Lucia


1,26


0,43


 


 


 


42,32


 


 


 


42,76


 


44,02


 


 


 


44,02




Saint Vincent & the Grenadines


1,60


0,28


 


 


 


32,53


 


 


 


32,81


 


34,41


 


 


 


34,41




Suriname


19,19


0,20


 


 


 


 


 


 


 


0,20


 


19,39


 


 


 


19,39




Trinidad & Tobago


6,60


0,78


 


 


4,00


 


 


 


 


4,78


 


11,38


 


 


 


11,38




* Total Caribbean


293,18


11,70


0,17


—


81,95


119,42


12,12


65,39


—


290,74


—


583,92


26,98


—


26,98


610,90




Fiji


16,91


 


0,41


 


2,00


 


 


 


 


2,41


 


19,32


 


 


 


19,32




Kiribati


9,01


 


 


 


0,50


0,28


 


 


 


0,78


 


9,79


 


 


 


9,79




Papua New Guinea


39,45


 


0,08


 


 


0,74


0,48


9,88


 


11,17


 


50,62


 


42,93


42,93


93,55




Solomon Islands


13,52


 


 


 


 


74,64


 


2,18


 


76,82


 


90,34


 


 


 


90,34




Tonga


5,03


 


 


 


 


0,38


 


 


 


0,38


 


5,41


 


 


 


5,41




Tuvalu


1,90


 


 


 


0,50


0,00


 


 


 


0,50


 


2,40


 


 


 


2,40




Vanuatu


10,23


 


0,14


 


3,00


0,81


 


1,59


 


5,54


 


15,77


5,22


 


5,22


20,99




Western Samoa


14,07


 


 


 


5,00


0,03


 


 


 


5,03


 


19,10


3,43


 


3,43


22,53




* Total Pacific


110,12


—


0,64


—


11,00


76,89


0,48


13,64


—


102,64


—


212,76


8,64


42,93


51,58


264,34




Caribbean Region


40,16


 


 


 


13,79


 


 


 


 


13,79


 


53,95


 


 


 


53,95




Central Africa Region


76,78


 


 


 


 


 


 


 


 


 


 


76,78


 


 


 


76,78




East Africa Region


158,93


 


 


 


 


 


 


 


 


 


 


158,93


 


 


 


158,93




Indian Ocean Region


11,47


 


 


 


 


 


 


 


 


 


 


11,47


 


 


 


11,47




Intra ACP Allocations


669,48


 


 


 


 


 


 


 


 


 


 


669,48


 


 


 


669,48




Multiregional PALOP


10,23


 


 


 


 


 


 


 


 


 


 


10,23


 


 


 


10,23




Pacific Region


32,73


 


 


 


 


 


 


 


 


 


 


32,73


 


 


 


32,73




Southern Africa Region


57,20


 


 


 


 


 


 


 


 


 


 


57,20


 


 


 


57,20




West Africa Region


194,76


1,71


 


 


27,10


 


 


 


 


28,81


 


223,58


 


 


 


223,58




* Total regional cooperation ACP


1 251,74


1,71


—


—


40,89


—


—


—


—


42,60


—


1 294,34


—


—


—


1 294,34




Administrative and financial expenditure


 


 


 


 


 


 


 


 


 


 


34,91


34,91


 


 


 


34,91




All ACP countries


 


4,69


60,27


(2,61)


20,46


(0,63)


 


 


1 060,00


1 142,16


 


1 142,16


 


 


 


1 142,16




* Total ACP


4 945,22


68,26


136,25


99,68


1 009,95


710,61


100,79


1 496,74


1 060,00


4 682,27


34,91


9 662,41


417,11


204,29


621,40


10 283,80




Anguilla


0,80


 


 


 


 


 


 


 


 


 


 


0,80


 


 


 


0,80




British Virgin Islands


 


0,51


 


 


 


 


 


 


 


0,51


 


0,51


 


 


 


0,51




Montserrat


1,60


 


 


 


 


 


 


 


 


 


 


1,60


 


 


 


1,60




Saint Helena


0,06


 


 


 


 


 


 


 


 


 


 


0,06


 


 


 


0,06




Turks & Caicos Islands


 


 


 


 


3,00


 


 


 


 


3,00


 


3,00


 


 


 


3,00




* Total British OCT


2,45


0,51


—


—


3,00


—


—


—


—


3,51


—


5,97


—


—


—


5,97




Aruba


0,40


 


 


 


 


 


 


 


 


 


 


0,40


 


 


 


0,40




Netherlands Antilles


3,66


 


 


 


 


 


 


 


 


 


 


3,66


 


 


 


3,66




* Total Dutch OCT


4,06


—


—


—


—


—


—


—


—


—


—


4,06


—


—


—


4,06




French Polynesia


10,10


0,29


 


 


3,00


 


 


 


 


3,29


 


13,39


 


 


 


13,39




Mayotte


0,85


 


 


 


 


1,18


 


 


 


1,18


 


2,03


 


 


 


2,03




New Caledonia


7,45


0,33


 


 


 


 


2,44


 


 


2,77


 


10,21


 


 


 


10,21




Saint Pierre & Miquelon


3,47


 


 


 


 


 


 


 


 


 


 


3,47


 


 


 


3,47




Wallis & Futuna


1,45


 


 


 


 


 


 


 


 


 


 


1,45


 


 


 


1,45




* Total French OCT


23,32


0,63


—


—


3,00


1,18


2,44


—


—


7,25


—


30,56


—


0,00


0,00


30,56




EDF PTF REGIONAL Projects


4,92


 


 


 


 


 


 


 


 


 


 


4,92


 


 


 


4,92




EDF PTN REGIONAL Projects


0,46


 


 


 


 


 


 


 


 


 


 


0,46


 


 


 


0,46




EDF PTU REGIONAL Projects


0,12


 


 


 


 


 


 


 


 


 


 


0,12


 


 


 


0,12




* Total regional cooperation OCT


5,49


—


—


—


—


—


—


—


—


—


—


5,49


—


—


—


5,49




* Total OCT


35,32


1,14


—


—


6,00


1,18


2,44


—


—


10,76


—


46,07


—


—


—


46,07




* Total ACP+OCT


4 980,53


69,40


136,25


99,68


1 015,95


711,79


103,23


1 496,74


1 060,00


4 693,03


34,91


9 708,48


417,11


204,29


621,40


10 329,88








Table 3.1.8


Situation by instrument and by country






















(EUR million)




8th EDF
Payments annual 2011


Lomé


Cotonou


Total state




NIP


Non NIP


Total Non-NIP


Interest


Total




Grants


 


A Envelope


B Envelope


Total




Interest-rate subsidies


Emergency Aid


Aid for refugees


Risk capital


Stabex


Sysmin


Structural adjustment


Heavily indebted poor countries




Angola


0,45


 


 


 


 


 


 


 


 


 


 


0,45


 


 


 


0,45




Benin


 


 


 


 


 


 


 


 


 


 


 


 


 


 


 


 




Botswana


 


 


 


 


 


 


 


 


 


 


 


 


 


(1,36)


(1,36)


(1,36)




Burkina Faso


1,12


 


 


 


 


 


 


 


 


 


 


1,12


0,30


 


0,30


1,42




Burundi


 


 


 


 


 


 


 


 


 


 


 


 


 


 


 


 




Cameroon


 


 


 


 


 


 


 


 


 


 


 


 


 


 


 


 




Cape Verde


0,03


 


 


 


 


 


 


 


 


 


 


0,03


 


 


 


0,03




Central African Republic


(0,06)


 


 


 


 


 


 


 


 


 


 


(0,06)


 


 


 


(0,06)




Chad


0,14


 


 


 


 


 


 


 


 


 


 


0,14


 


 


 


0,14




Comoros


 


 


 


 


 


 


 


 


 


 


 


 


 


 


 


 




Congo (Brazzaville)


(0,46)


 


 


 


 


 


 


 


 


 


 


(0,46)


 


 


 


(0,46)




Democratic Republic of Congo


(0,33)


 


 


 


 


 


 


 


 


 


 


(0,33)


 


 


 


(0,33)




Djibouti


 


 


 


 


 


 


 


 


 


 


 


 


 


 


 


 




Equatorial Guinea


 


 


 


 


 


 


 


 


 


 


 


 


 


 


 


 




Eritrea


 


 


 


 


 


 


 


 


 


 


 


 


 


 


 


 




Ethiopia


(0,40)


 


 


0,03


12,63


0,58


 


 


 


13,24


 


12,84


 


 


 


12,84




Gabon


 


 


 


 


 


 


 


 


 


 


 


 


 


1,47


1,47


1,47




Gambia


(0,29)


 


 


 


 


 


 


 


 


 


 


(0,29)


 


 


 


(0,29)




Ghana


1,47


 


 


 


 


 


 


 


 


 


 


1,47


 


1,14


1,14


2,61




Guinea Bissau


 


 


 


 


 


 


 


 


 


 


 


 


0,05


 


0,05


0,05




Guinea (Conakry)


0,09


 


 


 


 


 


 


 


 


 


 


0,09


 


 


 


0,09




Ivory Coast


(0,00)


 


 


 


 


 


 


 


 


 


 


(0,00)


 


 


 


(0,00)




Kenya


 


 


 


 


 


 


 


 


 


 


 


 


 


 


 


 




Lesotho


0,11


 


 


 


 


 


 


 


 


 


 


0,11


 


 


 


0,11




Liberia


 


 


 


 


 


 


 


 


 


 


 


 


 


 


 


 




Madagascar


(0,00)


 


 


 


 


 


 


 


 


 


 


(0,00)


 


 


 


(0,00)




Malawi


0,16


 


 


 


 


 


 


 


 


 


 


0,16


(0,03)


 


(0,03)


0,13




Mali


0,06


 


 


 


 


 


 


 


 


 


 


0,06


 


 


 


0,06




Mauritania


(0,06)


 


 


 


 


 


 


 


 


 


 


(0,06)


 


25,53


25,53


25,47




Mauritius


 


 


 


 


0,10


 


 


 


 


0,10


 


0,10


 


 


 


 




Mozambique


0,23


 


 


 


 


 


 


 


 


 


 


0,23


 


 


 


0,23




Namibia


(0,14)


 


 


 


 


 


 


 


 


 


 


(0,14)


 


 


 


(0,14)




Niger


0,24


 


 


 


 


 


 


 


 


 


 


0,24


 


1,38


1,38


1,62




Nigeria


 


 


 


 


 


 


 


 


 


 


 


 


 


 


 


 




Rwanda


0,22


 


 


 


 


 


 


 


 


 


 


0,22


 


 


 


 




Sao Tome & Principe


 


 


 


 


 


 


 


 


 


 


 


 


 


 


 


 




Senegal


(0,01)


 


 


 


5,00


 


 


 


 


5,00


 


4,99


 


 


 


4,99




Seychelles


 


 


 


 


 


 


 


 


 


 


 


 


 


 


 


 




Sierra Leone


0,74


 


 


 


 


 


 


 


 


 


 


0,74


 


 


 


0,74




Somalia


(0,23)


 


 


 


 


 


 


 


 


 


 


(0,23)


 


 


 


(0,23)




Sudan


 


 


 


 


 


 


 


 


 


 


 


 


 


 


 


 




Swaziland


(1,01)


 


 


 


 


 


 


 


 


 


 


(1,01)


0,47


 


0,47


(0,54)




Tanzania


2,29


 


 


 


 


 


 


 


 


 


 


2,29


 


 


 


2,29




Togo


 


 


 


 


 


 


 


 


 


 


 


 


 


 


 


 




Uganda


0,61


 


 


 


 


 


 


 


 


 


 


0,61


 


 


 


0,61




Zambia


0,48


 


 


 


 


 


(0,05)


 


 


(0,05)


 


0,43


 


 


 


0,43




Zimbabwe


 


 


 


 


 


 


 


 


 


 


 


 


 


 


 


 




* Total Africa


5,47


—


—


0,03


17,73


0,58


(0,05)


—


—


18,29


—


23,76


0,78


28,16


28,94


52,70




Antigua & Barbuda


 


 


 


 


 


 


 


 


 


 


 


 


 


 


 


 




Bahamas


 


 


 


 


 


 


 


 


 


 


 


 


 


 


 


 




Barbados


 


 


 


 


 


 


 


 


 


 


 


 


 


 


 


 




Belize


 


 


 


 


 


 


 


 


 


 


 


 


 


 


 


 




Dominica


 


 


 


 


 


 


 


 


 


 


 


 


 


 


 


 




Dominican Republic


(0,04)


 


 


 


 


 


 


 


 


 


 


(0,04)


 


 


 


(0,04)




Grenada


 


 


 


 


 


 


 


 


 


 


 


 


 


 


 


 




Guyana


0,21


 


 


 


1,00


 


0,07


 


 


1,07


 


1,27


 


 


 


1,27




Haiti


(0,14)


 


 


 


 


 


 


 


 


 


 


(0,14)


 


 


 


(0,14)




Jamaica


 


 


 


 


 


 


 


 


 


 


 


 


 


 


 


 




Saint Kitts & Nevis


 


 


 


 


 


 


 


 


 


 


 


 


 


 


 


 




Saint Lucia


 


 


 


 


 


 


 


 


 


 


 


 


 


 


 


 




Saint Vincent & the Grenadines


(0,01)


 


 


 


 


4,23


 


 


 


4,23


 


4,22


 


 


 


4,22




Suriname


 


 


 


 


 


 


 


 


 


 


 


 


 


 


 


 




Trinidad & Tobago


 


 


 


 


 


 


 


 


 


 


 


 


 


 


 


 




* Total Caribbean


0,02


—


—


—


1,00


4,23


0,07


—


—


5,29


—


5,31


—


—


—


5,31




Fiji


 


 


 


 


 


 


 


 


 


 


 


 


 


 


 


 




Kiribati


 


 


 


 


 


 


 


 


 


 


 


 


 


 


 


 




Papua New Guinea


 


 


 


 


 


 


 


 


 


 


 


 


 


2,20


2,20


2,20




Solomon Islands


 


 


 


 


 


 


 


 


 


 


 


 


 


 


 


 




Tonga


 


 


 


 


 


 


 


 


 


 


 


 


 


 


 


 




Tuvalu


 


 


 


 


0,15


 


 


 


 


0,15


 


0,15


 


 


 


 




Vanuatu


 


 


 


 


 


 


 


 


 


 


 


 


 


 


 


 




Western Samoa


 


 


 


 


 


 


 


 


 


 


 


 


 


 


 


 




* Total Pacific


0,00


—


—


—


0,15


0,00


—


—


—


0,15


—


0,15


—


2,20


2,20


2,35




Caribbean Region


 


 


 


 


 


 


 


 


 


 


 


 


 


 


 


 




Central Africa Region


 


 


 


 


 


 


 


 


 


 


 


 


 


 


 


 




East Africa Region


5,28


 


 


 


 


 


 


 


 


 


 


5,28


 


 


 


5,28




Indian Ocean Region


0,02


 


 


 


 


 


 


 


 


 


 


0,02


 


 


 


0,02




Intra ACP Allocations


23,50


 


 


 


 


 


 


 


 


 


 


23,50


 


 


 


23,50




Multiregional PALOP


 


 


 


 


 


 


 


 


 


 


 


 


 


 


 


 




Pacific Region


 


 


 


 


 


 


 


 


 


 


 


 


 


 


 


 




Southern Africa Region


(0,04)


 


 


 


 


 


 


 


 


 


 


(0,04)


 


 


 


(0,04)




West Africa Region


1,52


 


 


 


 


 


 


 


 


 


 


1,52


 


 


 


1,52




* Total regional cooperation ACP


30,28


—


—


—


—


—


—


—


—


—


—


30,28


—


—


—


30,28




Administrative and financial expenditure


 


 


 


 


 


 


 


 


 


 


0,05


0,05


 


 


 


0,05




All ACP countries


 


 


 


(0,65)


 


(0,40)


 


 


 


(1,05)


 


(1,05)


 


 


 


(1,05)




* Total ACP


35,76


—


—


(0,62)


18,88


4,40


0,01


0,00


0,00


22,68


0,05


58,49


0,78


30,35


31,14


89,63




Anguilla


 


 


 


 


 


 


 


 


 


 


 


 


 


 


 


 




British Virgin Islands


 


 


 


 


 


 


 


 


 


 


 


 


 


 


 


 




Montserrat


 


 


 


 


 


 


 


 


 


 


 


 


 


 


 


 




Saint Helena


 


 


 


 


 


 


 


 


 


 


 


 


 


 


 


 




Turks & Caicos Islands


 


 


 


 


 


 


 


 


 


 


 


 


 


 


 


 




* Total British OCT


—


—


—


—


—


—


—


—


—


—


—


—


—


—


—


—




Aruba


 


 


 


 


 


 


 


 


 


 


 


 


 


 


 


 




Netherlands Antilles


 


 


 


 


 


 


 


 


 


 


 


 


 


 


 


 




* Total Dutch OCT


0,00


 


 


 


 


 


 


 


 


 


 


0,00


 


 


 


0,00




French Polynesia


 


 


 


 


 


 


 


 


 


 


 


 


 


 


 


 




Mayotte


 


 


 


 


 


 


 


 


 


 


 


 


 


 


 


 




New Caledonia


 


 


 


 


 


 


0,02


 


 


0,02


 


0,02


 


 


 


0,02




Saint Pierre & Miquelon


 


 


 


 


 


 


 


 


 


 


 


 


 


 


 


 




Wallis & Futuna


 


 


 


 


 


 


 


 


 


 


 


 


 


 


 


 




* Total French OCT


0,00


—


—


—


—


—


0,02


—


—


0,02


—


0,02


—


—


—


0,02




EDF PTF REGIONAL Projects


0,05


 


 


 


 


 


 


 


 


 


 


0,05


 


 


 


0,05




EDF PTN REGIONAL Projects


 


 


 


 


 


 


 


 


 


 


 


 


 


 


 


 




EDF PTU REGIONAL Projects


 


 


 


 


 


 


 


 


 


 


 


 


 


 


 


 




* Total regional cooperation OCT


0,05


—


—


—


—


—


—


—


—


—


—


0,05


—


—


—


0,05




* Total OCT


0,05


—


—


—


—


—


0,02


—


—


0,02


—


0,07


—


—


—


0,07




* Total ACP + OCT


35,82


—


—


(0,62)


18,88


4,40


0,03


—


—


22,70


0,05


58,56


0,78


30,35


31,14


89,70








Table 3.2.1


Overall situation by state


















(EUR million)




9th EDF cumulative 2011


Cotonou


Total




NIP


A Envelope


B Envelope




Decisions


% of NIP


Payments


% of NIP


Decisions


% of NIP


Payments


% of NIP


Decisions


Assigned funds


Payments




Angola


127,96


127,96


100 %


98,36


77 %


26,70


21 %


24,91


19 %


168,03


160,94


134,88




Benin


313,52


311,88


99 %


299,10


95 %


1,05


0 %


1,05


0 %


313,28


305,40


300,38




Botswana


52,30


52,07


100 %


49,94


95 %


8,06


15 %


8,06


15 %


60,13


59,55


58,00




Burkina Faso


343,61


343,61


100 %


329,35


96 %


 


0 %


 


0 %


353,55


347,55


338,16




Burundi


214,17


214,17


100 %


184,50


86 %


52,41


24 %


50,14


23 %


332,51


328,55


299,53




Cameroon


166,27


166,27


100 %


151,77


91 %


8,20


5 %


6,86


4 %


174,47


170,89


158,63




Cape Verde


49,98


49,98


100 %


36,26


73 %


5,50


11 %


5,50


11 %


56,38


52,31


42,12




Central African Republic


108,98


108,98


100 %


85,03


78 %


9,12


8 %


9,06


8 %


118,11


114,47


94,09




Chad


205,45


205,03


100 %


172,72


84 %


17,59


9 %


15,21


7 %


223,91


212,69


189,00




Comoros


31,74


31,73


100 %


24,56


77 %


6,19


20 %


5,72


18 %


37,93


36,84


30,28




Congo (Brazzaville)


116,27


116,27


100 %


110,28


95 %


6,36


5 %


6,14


5 %


138,05


133,70


130,95




Democratic Republic of Congo


426,55


424,87


100 %


393,61


92 %


99,96


23 %


90,09


21 %


582,70


566,80


538,50




Djibouti


40,39


40,39


100 %


21,80


54 %


 


0 %


 


0 %


40,39


38,55


21,80




Equatorial Guinea


8,99


8,99


100 %


6,08


68 %


 


0 %


 


0 %


8,99


8,50


6,08




Eritrea


116,69


84,64


73 %


73,59


63 %


0,46


0 %


0,46


0 %


85,10


82,11


74,04




Ethiopia


532,69


532,69


100 %


512,97


96 %


45,96


9 %


43,58


8 %


608,75


603,46


574,41




Gabon


34,35


34,35


100 %


23,34


68 %


1,10


3 %


0,74


2 %


35,56


32,26


24,19




Gambia


52,74


52,74


100 %


45,63


87 %


1,80


3 %


1,20


2 %


57,14


55,68


49,41




Ghana


298,14


298,14


100 %


260,97


88 %


2,80


1 %


1,83


1 %


302,41


276,17


264,27




Guinea Bissau


62,69


62,69


100 %


46,09


74 %


3,20


5 %


3,20


5 %


66,16


55,80


49,57




Guinea (Conakry)


90,82


90,27


99 %


83,67


92 %


28,94


32 %


21,08


23 %


157,04


152,26


137,12




Ivory Coast


5,37


5,37


100 %


4,86


91 %


206,35


3 842 %


173,64


3 233 %


211,72


206,47


178,50




Kenya


288,21


288,21


100 %


204,49


71 %


26,60


9 %


19,91


7 %


326,75


312,13


232,88




Lesotho


103,79


103,68


100 %


80,99


78 %


 


0 %


 


0 %


104,29


97,43


81,56




Liberia


99,89


99,89


100 %


76,00


76 %


23,76


24 %


23,74


24 %


123,67


118,88


99,73




Madagascar


406,88


401,70


99 %


372,18


91 %


6,25


2 %


6,25


2 %


407,94


386,80


378,43




Malawi


248,99


247,07


99 %


204,16


82 %


21,30


9 %


20,12


8 %


274,86


255,16


230,36




Mali


415,00


414,07


100 %


406,48


98 %


42,09


10 %


40,14


10 %


458,72


452,15


449,13




Mauritania


120,85


120,85


100 %


94,95


79 %


27,26


23 %


26,86


22 %


148,42


141,70


122,13




Mauritius


66,51


66,51


100 %


62,50


94 %


0,67


1 %


0,67


1 %


67,26


65,80


63,25




Mozambique


426,88


426,88


100 %


392,20


92 %


5,49


1 %


3,39


1 %


440,91


428,38


403,77




Namibia


97,44


96,74


99 %


92,84


95 %


0,61


1 %


0,61


1 %


97,35


93,83


93,45




Niger


352,90


350,71


99 %


337,05


96 %


15,33


4 %


13,01


4 %


366,04


359,17


350,06




Nigeria


469,75


469,75


100 %


367,93


78 %


 


0 %


 


0 %


589,24


522,37


467,79




Rwanda


217,65


217,65


100 %


214,45


99 %


 


0 %


 


0 %


219,51


218,52


216,31




Sao Tome & Principe


12,85


12,85


100 %


11,25


88 %


2,00


16 %


1,65


13 %


14,85


14,15


12,90




Senegal


288,43


285,30


99 %


251,43


87 %


11,60


4 %


8,90


3 %


297,73


291,37


261,02




Seychelles


4,48


4,48


100 %


3,58


80 %


0,70


16 %


0,70


16 %


5,18


5,08


4,28




Sierra Leone


182,14


182,14


100 %


156,92


86 %


56,08


31 %


52,31


29 %


261,90


251,11


230,46




Somalia


193,33


193,33


100 %


175,93


91 %


 


0 %


 


0 %


193,33


183,47


175,93




Sudan


273,53


263,53


96 %


108,38


40 %


79,93


29 %


78,13


29 %


450,63


310,01


293,54




Swaziland


36,42


36,42


100 %


28,85


79 %


 


0 %


 


0 %


37,66


36,67


29,80




Tanzania


398,84


398,84


100 %


373,07


94 %


4,55


1 %


4,55


1 %


403,43


387,66


377,65




Togo


20,60


20,60


100 %


14,10


68 %


41,60


202 %


31,24


152 %


80,91


75,49


61,51




Uganda


270,37


262,32


97 %


249,93


92 %


38,60


14 %


36,73


14 %


307,31


301,84


292,83




Zambia


367,43


362,91


99 %


326,38


89 %


19,19


5 %


18,94


5 %


382,37


366,67


345,60




Zimbabwe


32,19


32,19


100 %


28,81


89 %


24,30


76 %


22,73


71 %


56,75


56,22


51,80




* Total Africa


8 795,00


8 721,69


99 %


7 649,33


87 %


979,62


11 %


879,02


10 %


10 249,31


9 733,03


9 020,08




Antigua & Barbuda


6,20


6,20


100 %


4,99


81 %


 


0 %


 


0 %


6,20


5,86


4,99




Bahamas


6,58


6,58


100 %


3,99


61 %


—


0 %


 


0 %


6,58


6,05


3,99




Barbados


11,88


11,68


98 %


10,47


88 %


 


0 %


 


0 %


11,68


11,67


10,47




Belize


7,75


7,75


100 %


7,10


92 %


1,00


13 %


0,64


8 %


8,75


8,06


7,75




Dominica


10,47


10,47


100 %


9,88


94 %


4,38


42 %


4,38


42 %


14,85


14,56


14,26




Dominican Republic


112,54


112,54


100 %


108,80


97 %


36,48


32 %


33,15


29 %


149,02


146,60


141,95




Grenada


19,87


19,27


97 %


18,11


91 %


7,57


38 %


5,88


30 %


26,85


26,58


23,99




Guyana


50,68


50,65


100 %


38,76


76 %


9,09


18 %


9,09


18 %


59,74


59,17


47,85




Haiti


113,47


113,47


100 %


103,68


91 %


167,13


147 %


154,15


136 %


280,60


276,51


257,83




Jamaica


50,47


50,47


100 %


32,35


64 %


28,04


56 %


27,94


55 %


161,64


155,60


129,37




Saint Kitts & Nevis


5,04


4,99


99 %


4,42


88 %


 


0 %


 


0 %


4,99


4,90


4,42




Saint Lucia


18,04


18,04


100 %


11,53


64 %


4,68


26 %


 


0 %


22,72


21,98


11,53




Saint Vincent & the Grenadines


13,72


13,52


99 %


8,76


64 %


4,40


32 %


2,60


19 %


17,92


17,88


11,37




Suriname


46,05


45,94


100 %


42,66


93 %


0,70


2 %


0,69


2 %


46,75


45,38


43,46




Trinidad & Tobago


31,75


31,44


99 %


31,33


99 %


 


0 %


 


0 %


37,44


37,33


35,33




* Total Caribbean


504,50


503,02


100 %


436,85


87 %


263,47


52 %


238,52


47 %


855,72


838,12


748,56




Cook Islands


2,90


2,75


95 %


2,66


92 %


0,60


21 %


0,60


21 %


3,35


3,33


3,26




East Timor


18,00


18,00


100 %


10,78


60 %


 


0 %


 


0 %


18,00


16,84


10,78




Fiji


23,52


23,52


100 %


21,54


92 %


2,10


9 %


1,16


5 %


26,22


24,59


23,20




Kiribati


8,80


8,80


100 %


8,28


94 %


2,20


25 %


1,52


17 %


11,42


10,96


10,14




Marshall Islands


3,50


3,43


98 %


3,21


92 %


1,10


31 %


0,71


20 %


4,53


4,33


3,92




Micronesia


4,80


4,70


98 %


4,39


91 %


1,40


29 %


0,90


19 %


6,10


5,87


5,29




Nauru


1,80


1,80


100 %


1,67


93 %


0,50


28 %


0,32


18 %


2,30


2,29


1,99




Niue


2,00


2,00


100 %


1,83


91 %


0,60


30 %


0,60


30 %


2,60


2,53


2,43




Palau


2,00


2,00


100 %


1,80


90 %


0,60


30 %


0,38


19 %


2,60


2,58


2,18




Papua New Guinea


81,53


81,53


100 %


55,43


68 %


25,94


32 %


12,70


16 %


110,86


94,00


71,37




Solomon Islands


14,21


14,21


100 %


8,82


62 %


7,80


55 %


2,48


17 %


22,48


19,06


11,70




Tonga


5,72


5,72


100 %


4,96


87 %


1,88


33 %


1,48


26 %


7,61


7,56


6,45




Tuvalu


4,47


4,14


93 %


4,13


93 %


0,70


16 %


0,45


10 %


5,04


5,03


4,58




Vanuatu


15,15


15,12


100 %


12,72


84 %


3,27


22 %


3,18


21 %


18,39


17,64


15,89




Western Samoa


21,80


21,80


100 %


21,62


99 %


2,10


10 %


1,91


9 %


23,90


23,64


23,53




* Total Pacific


210,21


209,53


100 %


163,84


78 %


50,79


24 %


28,38


14 %


265,39


240,24


196,72




Caribbean Region


107,23


107,08


100 %


97,35


91 %


35,30


33 %


33,34


31 %


142,38


138,80


130,69




Central Africa Region


63,35


62,92


99 %


48,10


76 %


16,14


25 %


11,66


18 %


79,06


71,87


59,76




Eastern, Southern Africa and the Indian Ocean


288,24


286,42


99 %


217,79


76 %


47,22


16 %


35,54


12 %


333,64


324,74


253,34




Multiregional PALOP


25,67


25,67


100 %


12,07


47 %


 


0 %


 


0 %


25,67


21,80


12,07




Pacific Region


40,35


40,35


100 %


38,31


95 %


 


0 %


 


0 %


40,35


39,76


38,31




Regional cooperation ACP


2 875,82


2 873,30


100 %


2 297,00


80 %


115,91


4 %


88,21


3 %


3 103,30


2 980,74


2 461,57




Southern Africa Region


121,58


120,26


99 %


79,47


65 %


17,51


14 %


13,53


11 %


137,78


124,97


93,00




West Africa Region


252,45


250,17


99 %


143,17


57 %


31,95


13 %


21,41


8 %


282,12


263,28


164,57




* Total regional cooperation ACP


3 774,69


3 766,18


100 %


2 933,26


78 %


264,02


7 %


203,68


5 %


4 144,30


3 965,97


3 213,31




Administrative and financial expenditure


 


 


 


 


 


 


 


 


 


431,53


426,82


420,93




All ACP countries


171,19


168,84


99 %


153,95


90 %


 


0 %


 


0 %


199,77


190,31


183,56




* Total ACP


13 455,59


13 369,25


99 %


11 337,24


84 %


1 557,91


12 %


1 349,61


10 %


16 146,02


15 394,49


13 783,15




Anguilla


12,24


12,24


100 %


12,16


99 %


 


0 %


 


0 %


12,24


12,24


12,16




British Virgin Islands


1,00


0,92


92 %


0,72


71 %


 


0 %


 


0 %


0,93


0,91


0,72




Cayman Islands


—


 


 


 


 


7,00


 


4,47


 


7,00


4,47


4,47




Falkland Islands


4,55


4,55


100 %


4,52


99 %


 


0 %


 


0 %


4,55


4,52


4,52




Montserrat


23,16


23,08


100 %


20,38


88 %


 


0 %


 


0 %


23,08


23,05


20,38




Pitcairn Islands


2,35


2,35


100 %


0,10


4 %


 


0 %


 


0 %


2,35


2,35


0,10




Saint Helena


17,94


17,94


100 %


17,82


99 %


 


0 %


 


0 %


17,94


17,82


17,82




Turks & Caicos Islands


14,66


14,66


100 %


9,20


63 %


 


0 %


 


0 %


14,66


14,00


9,20




* Total British OCT


75,90


75,74


100 %


64,90


86 %


7,00


9 %


4,47


6 %


82,74


79,36


69,37




Aruba


11,00


11,00


100 %


10,26


93 %


 


0 %


 


0 %


11,06


10,34


10,32




Netherlands Antilles


50,47


50,47


100 %


49,52


98 %


 


0 %


 


0 %


52,60


51,68


51,64




* Total Dutch OCT


61,47


61,47


100 %


59,77


97 %


 


0 %


 


0 %


63,66


62,02


61,96




French Polynesia


20,93


20,93


100 %


10,78


52 %


 


0 %


 


0 %


20,97


19,83


10,83




Mayotte


24,24


24,24


100 %


6,71


28 %


 


0 %


 


0 %


24,24


21,95


6,71




New Caledonia


30,21


30,21


100 %


27,77


92 %


 


0 %


 


0 %


31,12


31,05


28,66




Saint Pierre & Miquelon


18,94


18,94


100 %


18,88


100 %


 


0 %


 


0 %


18,94


18,88


18,88




Wallis & Futuna


16,86


16,86


100 %


9,36


56 %


 


0 %


 


0 %


16,86


15,99


9,36




* Total French OCT


111,18


111,18


100 %


73,51


66 %


 


0 %


 


0 %


112,13


107,70


74,44




Regional cooperation OCT


48,53


48,53


100 %


36,69


76 %


 


0 %


 


0 %


48,56


47,03


36,73




* Total regional cooperation OCT


48,53


48,53


100 %


36,69


76 %


 


0 %


 


0 %


48,56


47,03


36,73




All OCT countries


0,73


 


0 %


 


0 %


 


0 %


 


0 %


0,73


0,73


0,73




* Total OCT


297,80


296,91


100 %


234,88


79 %


7,00


2 %


4,47


2 %


307,81


296,83


243,23




* Total ACP + OCT


13 753,39


13 666,17


99 %


11 572,12


84 %


1 564,91


11 %


1 354,08


10 %


16 453,84


15 691,32


14 026,38








Table 3.2.2


Overall situation by instrument state


















(EUR million)




9th EDF annual 2011


Cotonou


Total




NIP


A Envelope


B Envelope




Decisions


% of NIP


Payments


% of NIP


Decisions


% of NIP


Payments


% of NIP


Decisions


Assigned funds


Payments




Angola


127,96


—


0 %


4,99


4 %


—


0 %


 


0 %


—


(1,99)


4,99




Benin


313,52


(1,64)


–1 %


6,49


2 %


 


0 %


 


0 %


(1,64)


(1,13)


6,49




Botswana


52,30


(0,23)


0 %


2,15


4 %


 


0 %


 


0 %


(0,23)


(0,31)


2,15




Burkina Faso


343,61


—


0 %


5,00


1 %


 


0 %


 


0 %


—


4,48


4,98




Burundi


214,17


—


0 %


21,99


10 %


—


0 %


3,76


2 %


—


8,89


25,75




Cameroon


166,27


(3,84)


–2 %


8,00


5 %


—


0 %


0,05


0 %


(3,84)


0,24


8,05




Cape Verde


49,98


—


0 %


5,42


11 %


(0,31)


–1 %


 


0 %


(0,31)


(0,25)


5,42




Central African Republic


108,98


(0,02)


0 %


24,34


22 %


(0,23)


0 %


0,14


0 %


(0,24)


2,53


24,48




Chad


205,45


(0,42)


0 %


11,74


6 %


—


0 %


0,67


0 %


(0,42)


(1,33)


12,42




Comoros


31,74


(0,01)


0 %


4,33


14 %


—


0 %


0,21


1 %


(0,01)


(0,43)


4,54




Congo (Brazzaville)


116,27


—


0 %


1,85


2 %


(0,21)


0 %


 


0 %


(0,39)


(2,25)


1,20




Democratic Republic of Congo


426,55


(7,06)


–2 %


18,47


4 %


—


0 %


7,16


2 %


(7,36)


(5,92)


25,89




Djibouti


40,39


—


0 %


3,48


9 %


 


0 %


 


0 %


—


17,17


3,48




Equatorial Guinea


8,99


—


0 %


0,11


1 %


 


0 %


 


0 %


—


(0,14)


0,11




Eritrea


116,69


(32,35)


–28 %


20,28


17 %


 


0 %


 


0 %


(32,35)


(28,62)


20,28




Ethiopia


532,69


(6,98)


–1 %


3,51


1 %


(4,95)


–1 %


0,02


0 %


(13,82)


(0,61)


3,53




Gabon


34,35


—


0 %


3,28


10 %


 


0 %


 


0 %


—


(0,07)


3,28




Gambia


52,74


—


0 %


11,87


23 %


—


0 %


0,14


0 %


(0,13)


2,48


12,01




Ghana


298,14


(2,20)


–1 %


6,70


2 %


—


0 %


0,15


0 %


(2,20)


(1,45)


6,85




Guinea Bissau


62,69


(0,03)


0 %


4,88


8 %


 


0 %


 


0 %


(0,18)


(1,22)


4,73




Guinea (Conakry)


90,82


(0,55)


–1 %


12,09


13 %


(0,11)


0 %


6,95


8 %


(0,66)


10,53


19,10




Ivory Coast


5,37


 


0 %


 


0 %


—


0 %


19,10


356 %


—


(0,51)


19,10




Kenya


288,21


(1,75)


–1 %


25,92


9 %


—


0 %


(2,36)


–1 %


(1,92)


(0,87)


23,57




Lesotho


103,79


(0,10)


0 %


24,35


23 %


 


0 %


 


0 %


(0,10)


0,39


24,35




Liberia


99,89


—


0 %


7,47


7 %


(0,24)


0 %


 


0 %


(0,24)


(1,03)


7,47




Madagascar


406,88


(5,92)


–1 %


9,97


2 %


(0,13)


0 %


 


0 %


(6,20)


(7,16)


9,97




Malawi


248,99


(1,92)


–1 %


17,25


7 %


—


0 %


0,21


0 %


(2,61)


(10,63)


17,46




Mali


415,00


(1,47)


0 %


5,27


1 %


(0,18)


0 %


0,77


0 %


(1,65)


(0,97)


6,05




Mauritania


120,85


—


0 %


13,74


11 %


 


0 %


2,32


2 %


—


8,13


16,07




Mauritius


66,51


—


0 %


0,10


0 %


 


0 %


 


0 %


—


(0,04)


0,10




Mozambique


426,88


(5,60)


–1 %


11,79


3 %


(0,03)


0 %


(0,03)


0 %


(5,64)


(1,48)


11,71




Namibia


97,44


(0,70)


–1 %


10,53


11 %


(0,19)


0 %


 


0 %


(0,89)


(1,83)


10,53




Niger


352,90


(3,08)


–1 %


29,26


8 %


—


0 %


(0,48)


0 %


(3,08)


(2,57)


28,78




Nigeria


469,75


—


0 %


24,96


5 %


 


0 %


 


0 %


(0,18)


(11,55)


25,37




Rwanda


217,65


(0,09)


0 %


2,06


1 %


 


0 %


 


0 %


(0,09)


(0,60)


2,06




Sao Tome & Principe


12,85


—


0 %


0,41


3 %


—


0 %


0,77


6 %


—


(0,10)


1,18




Senegal


288,43


(3,63)


–1 %


8,49


3 %


—


0 %


0,71


0 %


(3,66)


(1,12)


9,20




Seychelles


4,48


(0,04)


–1 %


1,40


31 %


 


0 %


 


0 %


(0,04)


0,09


1,40




Sierra Leone


182,14


—


0 %


15,52


9 %


—


0 %


0,33


0 %


—


(0,17)


15,83




Somalia


193,33


(0,00)


0 %


11,19


6 %


 


0 %


 


0 %


(0,00)


(6,76)


11,19




Sudan


273,53


137,00


50 %


(0,15)


0 %


—


0 %


(0,10)


0 %


136,91


(0,64)


(0,26)




Swaziland


36,42


—


0 %


3,88


11 %


 


0 %


 


0 %


—


0,58


3,94




Tanzania


398,84


(2,01)


–1 %


15,33


4 %


 


0 %


 


0 %


(2,01)


0,44


15,33




Togo


20,60


(0,04)


0 %


2,34


11 %


—


0 %


9,77


47 %


(0,11)


(0,43)


12,14




Uganda


270,37


(8,84)


–3 %


28,65


11 %


—


0 %


0,67


0 %


(9,07)


(2,67)


29,11




Zambia


367,43


(4,52)


–1 %


4,34


1 %


 


0 %


 


0 %


(4,52)


(9,58)


4,34




Zimbabwe


32,19


—


0 %


1,29


4 %


 


0 %


0,94


3 %


—


0,07


2,23




* Total Africa


8 795,00


41,97


0 %


456,33


5 %


(6,59)


0 %


51,89


1 %


31,12


(50,42)


507,96




Antigua & Barbuda


6,20


(1,06)


–17 %


(0,07)


–1 %


 


0 %


 


0 %


(1,06)


(0,01)


(0,07)




Bahamas


6,58


(0,33)


–5 %


1,02


15 %


 


0 %


 


0 %


(0,33)


0,04


1,02




Barbados


11,88


(0,55)


–5 %


 


0 %


 


0 %


 


0 %


(0,55)


(0,00)


 




Belize


7,75


—


0 %


0,13


2 %


 


0 %


 


0 %


—


(0,17)


0,13




Dominica


10,47


—


0 %


2,14


20 %


 


0 %


1,50


14 %


—


0,01


3,64




Dominican Republic


112,54


(0,86)


–1 %


1,89


2 %


—


0 %


5,63


5 %


(0,86)


(0,87)


7,52




Grenada


19,87


(0,60)


–3 %


0,73


4 %


(0,08)


0 %


(1,69)


–9 %


(0,68)


—


(0,96)




Guyana


50,68


(0,03)


0 %


4,87


10 %


 


0 %


 


0 %


(0,03)


(0,03)


4,87




Haiti


113,47


—


0 %


3,19


3 %


—


0 %


8,07


7 %


—


1,20


11,25




Jamaica


50,47


(0,09)


0 %


4,07


8 %


—


0 %


0,13


0 %


(0,09)


(0,72)


4,20




Saint Kitts & Nevis


5,04


(1,18)


–23 %


0,76


15 %


 


0 %


 


0 %


(1,18)


(0,05)


0,76




Saint Lucia


18,04


(0,20)


–1 %


10,20


57 %


 


0 %


 


0 %


(0,20)


0,28


10,20




Saint Vincent & the Grenadines


13,72


(0,20)


–1 %


1,36


10 %


 


0 %


1,80


13 %


(0,20)


(0,08)


3,16




Suriname


46,05


(0,13)


0 %


1,73


4 %


 


0 %


 


0 %


(0,23)


(0,57)


1,73




Trinidad & Tobago


31,75


(0,34)


–1 %


22,18


70 %


 


0 %


 


0 %


(0,34)


(0,15)


22,18




* Total Caribbean


504,50


(5,55)


–1 %


54,20


11 %


(0,08)


0 %


15,44


3 %


(5,73)


(1,13)


69,65




Cook Islands


2,90


(0,15)


–5 %


0,18


6 %


—


0 %


0,60


21 %


(0,15)


0,61


0,77




East Timor


18,00


—


0 %


1,39


8 %


 


0 %


 


0 %


—


3,70


1,39




FIJI


23,52


—


0 %


0,45


2 %


—


0 %


0,90


4 %


—


0,19


1,35




Kiribati


8,80


—


0 %


 


0 %


 


0 %


0,96


11 %


—


(0,12)


0,89




Marshall Islands


3,50


(0,07)


–2 %


0,08


2 %


 


0 %


 


0 %


(0,07)


(0,06)


0,08




Micronesia


4,80


(0,10)


–2 %


0,09


2 %


 


0 %


 


0 %


(0,10)


(0,30)


0,09




Nauru


1,80


—


0 %


0,05


3 %


 


0 %


 


0 %


—


0,00


0,05




Niue


2,00


—


0 %


0,03


2 %


 


0 %


 


0 %


—


0,00


0,03




Palau


2,00


—


0 %


0,06


3 %


 


0 %


 


0 %


—


0,00


0,06




Papua New Guinea


81,53


—


0 %


6,06


7 %


—


0 %


2,58


3 %


—


(0,81)


8,64




Solomon Islands


14,21


—


0 %


0,08


1 %


 


0 %


1,68


12 %


(0,11)


0,00


1,76




Tonga


5,72


(0,08)


–1 %


0,50


9 %


 


0 %


 


0 %


(0,08)


0,06


0,50




Tuvalu


4,47


(0,32)


–7 %


(0,10)


–2 %


 


0 %


 


0 %


(0,32)


(0,32)


(0,10)




Vanuatu


15,15


(0,04)


0 %


0,34


2 %


(0,03)


0 %


 


0 %


(0,06)


(0,11)


0,34




Western Samoa


21,80


—


0 %


1,89


9 %


—


0 %


0,09


0 %


—


0,07


1,97




* Total Pacific


210,21


(0,76)


0 %


11,09


5 %


(0,03)


0 %


6,80


3 %


(0,90)


2,91


17,82




Caribbean Region


107,23


(2,68)


–2 %


8,49


8 %


—


0 %


4,39


4 %


(2,68)


(0,28)


12,88




Central Africa Region


63,35


(1,10)


–2 %


3,62


6 %


—


0 %


4,35


7 %


(1,10)


0,27


7,97




Eastern, Southern Africa and the Indian Ocean


288,24


(2,49)


–1 %


22,28


8 %


(1,70)


–1 %


7,65


3 %


(4,19)


(0,57)


29,94




Multiregional PALOP


25,67


—


0 %


2,68


10 %


 


0 %


 


0 %


—


2,63


2,68




Pacific Region


40,35


(0,06)


0 %


1,88


5 %


 


0 %


 


0 %


(0,06)


(0,01)


1,88




Regional cooperation ACP


2 875,82


(3,35)


0 %


179,49


6 %


(3,43)


0 %


3,63


0 %


(8,40)


26,61


182,85




Southern Africa Region


121,58


(5,74)


–5 %


12,00


10 %


—


0 %


3,34


3 %


(5,74)


(2,38)


15,34




West Africa Region


252,45


(2,28)


–1 %


21,18


8 %


—


0 %


3,65


1 %


(2,28)


15,77


24,83




* Total regional cooperation ACP


3 774,69


(17,69)


0 %


251,63


7 %


(5,13)


0 %


27,02


1 %


(24,43)


42,03


278,38




Administrative and financial expenditure


 


 


#DIV/0!


 


#DIV/0!


 


#DIV/0!


 


#DIV/0!


(6,11)


(1,02)


2,56




All ACP countries


171,19


(2,35)


–1 %


0,50


0 %


 


0 %


 


0 %


(2,35)


(7,43)


0,50




* Total ACP


13 455,59


15,63


0 %


773,76


6 %


(11,83)


0 %


101,16


1 %


(8,40)


(15,06)


876,87




Anguilla


12,24


 


0 %


 


0 %


 


0 %


 


0 %


 


—


 




British Virgin Islands


1,00


(0,08)


–8 %


0,11


11 %


 


0 %


 


0 %


(0,08)


(0,01)


0,11




Cayman Islands


—


 


 


 


 


 


 


(1,66)


 


—


(2,37)


(1,66)




Falkland Islands


4,55


 


 


 


0 %


 


0 %


 


0 %


 


 


 




Montserrat


23,16


(0,08)


0 %


1,60


7 %


 


0 %


 


0 %


(0,08)


(0,11)


1,60




Pitcairn Islands


2,35


 


0 %


 


0 %


 


0 %


 


0 %


 


 


 




Saint Helena


17,94


 


0 %


3,30


18 %


 


0 %


 


0 %


 


 


3,30




Turks & Caicos Islands


14,66


 


0 %


0,53


4 %


 


0 %


 


0 %


—


 


0,53




* Total British OCT


75,90


(0,16)


0 %


5,55


7 %


 


0 %


(1,66)


–2 %


(0,16)


(2,49)


3,89




Aruba


11,00


 


0 %


0,18


2 %


 


0 %


 


0 %


 


(0,07)


0,18




Netherlands Antilles


50,47


 


0 %


0,01


0 %


 


0 %


 


0 %


 


0,04


0,01




* Total Dutch OCT


61,47


—


0 %


0,19


0 %


 


0 %


 


0 %


 


(0,03)


0,19




French Polynesia


20,93


 


0 %


0,07


0 %


 


0 %


 


0 %


 


8,38


0,07




Mayotte


24,24


 


0 %


4,15


17 %


 


0 %


 


0 %


 


17,69


4,15




New Caledonia


30,21


 


0 %


2,39


8 %


 


0 %


 


0 %


 


0,05


2,39




Saint Pierre & Miquelon


18,94


 


0 %


3,13


17 %


 


0 %


 


0 %


 


—


3,13




Wallis & Futuna


16,86


 


0 %


5,41


32 %


 


0 %


 


0 %


 


0,24


5,41




* Total French OCT


111,18


—


0 %


15,15


14 %


 


0 %


 


0 %


 


26,36


15,15




Regional cooperation OCT


48,53


(0,26)


–1 %


9,60


20 %


 


0 %


 


0 %


(0,26)


(0,03)


9,60




* Total regional cooperation OCT


48,53


(0,26)


–1 %


9,60


20 %


—


0 %


—


0 %


(0,26)


(0,03)


9,60




All OCT countries


0,73


 


0 %


 


0 %


 


0 %


 


0 %


 


 


 




* Total OCT


297,80


(0,42)


0 %


30,48


10 %


—


0 %


(1,66)


–1 %


(0,42)


23,82


28,82




* Total ACP + OCT


13 753,39


15,21


0 %


804,24


6 %


(11,83)


0 %


99,50


1 %


(8,81)


8,76


905,69








Table 3.2.3


Situation by instrument and by state


















(EUR million)




9th EDF Decisions cumulative 2011


Cotonou


Lomé


Voluntary contribution Peace facility


Total state




A Envelope


B Envelope


Implementation costs


Transfers from 6th EDF - Lomé


Transfers from 7th EDF - Lomé




Macroeconomic support


Sectoral policies


A Envelope


Compensation export earnings


Emergency aid


Heavily indebted poor countries


B Envelope




Angola


 


127,96


127,96


 


26,70


 


26,70


 


 


13,37


 


168,03




Benin


110,33


201,54


311,88


 


1,05


 


1,05


 


 


0,36


 


313,28




Botswana


 


52,07


52,07


8,06


 


 


8,06


 


 


 


 


60,13




Burkina Faso


187,00


156,61


343,61


 


 


 


—


 


 


9,94


 


353,55




Burundi


65,61


148,56


214,17


5,86


38,95


7,60


52,41


 


 


65,93


 


332,51




Cameroon


 


166,27


166,27


 


8,20


 


8,20


 


 


 


 


174,47




Cape Verde


14,20


35,78


49,98


 


5,50


 


5,50


 


 


0,90


 


56,38




Central African Republic


11,58


97,40


108,98


4,17


3,35


1,60


9,12


 


 


 


 


118,11




Chad


23,25


181,78


205,03


 


17,59


 


17,59


 


 


1,29


 


223,91




Comoros


 


31,73


31,73


 


6,19


 


6,19


 


 


 


 


37,93




Congo (Brazzaville)


28,45


87,82


116,27


 


4,36


2,00


6,36


 


 


15,43


 


138,05




Democratic Republic of Congo


105,70


319,16


424,87


 


99,96


 


99,96


 


0,55


57,32


 


582,70




Djibouti


 


40,39


40,39


 


 


 


—


 


—


 


 


40,39




Equatorial Guinea


 


8,99


8,99


 


 


 


—


 


 


 


 


8,99




Eritrea


 


84,64


84,64


 


0,46


 


0,46


 


 


 


 


85,10




Ethiopia


58,27


474,41


532,69


 


45,96


 


45,96


 


 


30,10


 


608,75




Gabon


 


34,35


34,35


 


1,10


 


1,10


 


 


0,11


 


35,56




Gambia


 


52,74


52,74


1,80


 


 


1,80


 


 


2,60


 


57,14




Ghana


104,21


193,94


298,14


 


2,80


 


2,80


 


0,02


1,45


 


302,41




Guinea Bissau


9,90


52,79


62,69


3,20


 


 


3,20


 


—


0,28


 


66,16




Guinea (Conakry)


 


90,27


90,27


 


28,94


 


28,94


 


0,47


37,36


 


157,04




Ivory Coast


 


5,37


5,37


 


206,35


 


206,35


 


 


 


 


211,72




Kenya


125,00


163,21


288,21


 


26,60


 


26,60


 


 


11,94


 


326,75




Lesotho


 


103,68


103,68


 


 


 


—


 


 


0,61


 


104,29




Liberia


3,44


96,45


99,89


 


23,76


 


23,76


 


0,02


—


 


123,67




Madagascar


106,24


295,45


401,70


 


6,25


 


6,25


 


0,00


 


 


407,94




Malawi


60,10


186,97


247,07


10,00


11,30


 


21,30


 


0,43


6,06


 


274,86




Mali


122,07


292,00


414,07


1,11


40,98


 


42,09


 


 


2,56


 


458,72




Mauritania


 


120,85


120,85


21,60


5,66


 


27,26


 


 


0,32


 


148,42




Mauritius


8,74


57,77


66,51


0,38


0,28


 


0,67


 


0,09


 


 


67,26




Mozambique


145,83


281,05


426,88


 


5,49


 


5,49


 


6,65


1,89


 


440,91




Namibia


 


96,74


96,74


 


0,61


 


0,61


 


 


 


 


97,35




Niger


165,58


185,13


350,71


 


15,33


 


15,33


 


 


 


 


366,04




Nigeria


 


469,75


469,75


 


 


 


—


 


 


119,50


 


589,24




Rwanda


101,12


116,53


217,65


 


 


 


—


 


1,52


0,34


 


219,51




Sao Tome & Principe


 


12,85


12,85


 


2,00


 


2,00


 


 


 


 


14,85




Senegal


53,00


232,30


285,30


 


11,60


 


11,60


 


0,02


0,82


 


297,73




Seychelles


 


4,48


4,48


 


0,70


 


0,70


 


 


 


 


5,18




Sierra Leone


62,00


120,14


182,14


24,75


31,33


 


56,08


 


 


23,68


 


261,90




Somalia


 


193,33


193,33


 


 


 


—


 


 


 


 


193,33




Sudan


137,00


126,53


263,53


 


79,93


 


79,93


 


2,54


104,63


 


450,63




Swaziland


 


36,42


36,42


 


 


 


—


 


 


1,24


 


37,66




Tanzania


177,60


221,24


398,84


 


4,55


 


4,55


 


 


0,04


 


403,43




Togo


3,03


17,56


20,60


 


41,60


 


41,60


 


 


18,72


 


80,91




Uganda


80,56


181,76


262,32


 


38,60


 


38,60


 


2,86


3,53


 


307,31




Zambia


178,77


184,14


362,91


11,49


7,70


 


19,19


 


 


0,27


 


382,37




Zimbabwe


 


32,19


32,19


 


24,30


 


24,30


 


 


0,27


 


56,75




* Total Africa


2 248,60


6 473,09


8 721,69


92,43


876,00


11,20


979,62


—


15,15


532,83


—


10 249,31




Antigua & Barbuda


 


6,20


6,20


 


 


 


—


 


 


 


 


6,20




Bahamas


 


6,58


6,58


 


—


 


—


 


 


 


 


6,58




Barbados


 


11,68


11,68


 


 


 


—


 


 


 


 


11,68




Belize


 


7,75


7,75


 


1,00


 


1,00


 


 


 


 


8,75




Dominica


6,40


4,07


10,47


4,38


 


 


4,38


 


 


 


 


14,85




Dominican Republic


80,71


31,83


112,54


19,98


16,50


 


36,48


 


 


 


 


149,02




Grenada


10,00


9,27


19,27


 


7,57


 


7,57


 


 


 


 


26,85




Guyana


25,92


24,74


50,65


8,40


0,69


 


9,09


 


 


 


 


59,74




Haiti


4,04


109,43


113,47


 


167,13


 


167,13


 


 


 


 


280,60




Jamaica


2,50


47,97


50,47


2,00


26,04


 


28,04


 


0,07


83,06


 


161,64




Saint Kitts & Nevis


 


4,99


4,99


 


 


 


—


 


 


 


 


4,99




Saint Lucia


 


18,04


18,04


4,68


 


 


4,68


 


 


 


 


22,72




Saint Vincent & the Grenadines


 


13,52


13,52


4,40


 


 


4,40


 


 


 


 


17,92




Suriname


 


45,94


45,94


 


0,70


 


0,70


 


0,11


 


 


46,75




Trinidad & Tobago


27,09


4,35


31,44


 


 


 


—


 


 


6,00


 


37,44




* Total Caribbean


156,66


346,36


503,02


43,84


219,63


—


263,47


—


0,17


89,06


—


855,72




Cook Islands


 


2,75


2,75


 


0,60


 


0,60


 


 


 


 


3,35




East Timor


 


18,00


18,00


 


 


 


—


 


 


 


 


18,00




Fiji


 


23,52


23,52


 


2,10


 


2,10


 


0,01


0,59


 


26,22




Kiribati


 


8,80


8,80


 


2,20


 


2,20


 


 


0,42


 


11,42




Marshall Islands


 


3,43


3,43


 


1,10


 


1,10


 


 


 


 


4,53




Micronesia


 


4,70


4,70


 


1,40


 


1,40


 


 


 


 


6,10




Nauru


 


1,80


1,80


 


0,50


 


0,50


 


 


 


 


2,30




Niue


 


2,00


2,00


 


0,60


 


0,60


 


 


 


 


2,60




Palau


 


2,00


2,00


 


0,60


 


0,60


 


 


 


 


2,60




Papua New Guinea


 


81,53


81,53


22,44


3,50


 


25,94


 


 


3,39


 


110,86




Solomon Islands


 


14,21


14,21


7,25


0,55


 


7,80


 


—


0,46


 


22,48




Tonga


 


5,72


5,72


 


1,88


 


1,88


 


 


 


 


7,61




Tuvalu


 


4,14


4,14


 


0,70


 


0,70


 


 


0,20


 


5,04




Vanuatu


3,05


12,07


15,12


1,70


1,57


 


3,27


 


 


 


 


18,39




Western Samoa


 


21,80


21,80


2,08


0,02


 


2,10


 


 


 


 


23,90




* Total Pacific


3,05


206,48


209,53


33,47


17,32


—


50,79


—


0,01


5,07


—


265,39




Caribbean Region


 


 


107,08


 


 


 


35,30


 


 


 


 


142,38




Central Africa Region


 


 


62,92


 


 


 


16,14


 


 


 


 


79,06




Eastern, Southern Africa and the Indian Ocean


 


 


286,42


 


 


 


47,22


 


 


 


 


333,64




Multiregional PALOP


 


 


25,67


 


 


 


 


 


 


 


 


25,67




Pacific Region


 


 


40,35


 


 


 


 


 


 


 


 


40,35




Regional cooperation ACP


 


 


2 873,30


 


 


 


115,91


 


4,77


70,17


39,17


3 103,30




Southern Africa Region


 


 


120,26


 


 


 


17,51


 


 


 


 


137,78




West Africa Region


 


 


250,17


 


 


 


31,95


 


 


 


 


282,12




* Total regional cooperation ACP


 


 


3 766,18


 


 


 


264,02


 


4,77


70,17


39,17


4 144,30




Administrative and financial expenditure


 


 


89,41


 


 


 


 


342,11


 


 


 


431,53




All ACP countries


 


 


168,84


 


 


 


 


 


1,67


29,26


 


199,77




* Total ACP


2 408,31


7 025,93


13 458,67


169,74


1 112,95


11,20


1 557,91


342,11


21,77


726,39


39,17


16 146,02




Anguilla


 


12,24


12,24


 


 


 


—


 


 


 


 


12,24




British Virgin Islands


 


0,92


0,92


 


 


 


—


 


 


0,00


 


0,93




Cayman Islands


 


 


 


 


7,00


 


7,00


 


 


 


 


7,00




Falkland Islands


 


4,55


4,55


 


 


 


—


 


 


 


 


4,55




Montserrat


 


23,08


23,08


 


 


 


—


 


 


 


 


23,08




Pitcairn Islands


 


2,35


2,35


 


 


 


—


 


 


 


 


2,35




Saint Helena


 


17,94


17,94


 


 


 


—


 


 


 


 


17,94




Turks & Caicos Islands


14,64


0,02


14,66


 


 


 


—


 


 


 


 


14,66




* Total British OCT


14,64


61,11


75,74


—


7,00


—


7,00


—


—


0,00


—


82,74




Aruba


 


11,00


11,00


 


 


 


 


 


 


0,06


 


11,06




Netherlands Antilles


 


50,47


50,47


 


 


 


 


 


 


2,13


 


52,60




* Total Dutch OCT


—


61,47


61,47


—


—


—


—


—


—


2,19


—


63,66




French Polynesia


 


20,93


20,93


 


 


 


 


 


 


0,04


 


20,97




Mayotte


 


24,24


24,24


 


 


 


 


 


 


 


 


24,24




New Caledonia


 


30,21


30,21


 


 


 


 


 


 


0,90


 


31,12




Saint Pierre & Miquelon


 


18,94


18,94


 


 


 


 


 


 


 


 


18,94




Wallis & Futuna


 


16,86


16,86


 


 


 


 


 


 


 


 


16,86




* Total French OCT


 


111,18


111,18


—


—


—


—


—


—


0,95


—


112,13




Regional cooperation OCT


 


 


48,53


 


 


 


 


 


0,03


0,00


 


48,56




* Total regional cooperation OCT


 


 


48,53


 


 


 


 


 


0,03


0,00


 


48,56




Administrative and financial expenditure


 


 


 


 


 


 


 


 


 


 


 


—




All OCT countries


 


 


 


 


 


 


 


0,73


 


 


 


0,73




* Total OCT


14,64


233,75


296,91


—


7,00


—


7,00


0,73


0,03


3,15


—


307,81




*Total ACP + OCT


2 422,95


7 259,68


13 755,58


169,74


1 119,95


11,20


1 564,91


342,84


21,80


729,54


39,17


16 453,84








Table 3.2.4


Situation by instrument and by state


















(EUR million)




9th EDF
Decisions annual 2011


Cotonou


Lomé


Voluntary contribution Peace Facility


Total state




A Envelope


B Envelope


Implementation costs




Macroeconomic support


Sectoral policies


Total A Envelope


Compensation export earnings


Emergency aid


Heavily indebted poor countries


B Envelope


Transfers from 6th EDF - Lomé


Transfers from 7th EDF - Lomé




Angola


 


—


—


 


—


 


—


 


 


—


 


—




Benin


—


(1,64)


(1,64)


 


 


 


—


 


 


 


 


(1,64)




Botswana


 


(0,23)


(0,23)


 


 


 


—


 


 


 


 


(0,23)




Burkina Faso


—


—


—


 


 


 


—


 


 


—


 


—




Burundi


 


—


—


 


—


 


—


 


 


—


 


—




Cameroon


 


(3,84)


(3,84)


 


—


 


—


 


 


 


 


(3,84)




Cape Verde


 


—


—


 


(0,31)


 


(0,31)


 


 


—


 


(0,31)




Central African Republic


(0,02)


—


(0,02)


(0,23)


—


 


(0,23)


 


 


 


 


(0,24)




Chad


 


(0,42)


(0,42)


 


—


 


—


 


 


—


 


(0,42)




Comoros


 


(0,01)


(0,01)


 


—


 


—


 


 


 


 


(0,01)




Congo (Brazzaville)


 


—


—


 


(0,21)


 


(0,21)


 


 


(0,17)


 


(0,39)




Democratic Republic of Congo


 


(7,06)


(7,06)


 


—


 


—


 


(0,30)


—


 


(7,36)




Djibouti


 


—


—


 


 


 


—


 


 


 


 


—




Equatorial Guinea


 


—


—


 


 


 


—


 


 


 


 


—




Eritrea


 


(32,35)


(32,35)


 


 


 


—


 


 


 


 


(32,35)




Ethiopia


—


(6,98)


(6,98)


 


(4,95)


 


(4,95)


 


 


(1,89)


 


(13,82)




Gabon


 


—


—


 


 


 


—


 


 


 


 


—




Gambia


 


—


—


 


 


 


—


 


 


(0,13)


 


(0,13)




Ghana


 


(2,20)


(2,20)


 


—


 


—


 


 


 


 


(2,20)




Guinea Bissau


—


(0,03)


(0,03)


 


 


 


—


 


 


(0,15)


 


(0,18)




Guinea (Conakry)


 


(0,55)


(0,55)


 


(0,11)


 


(0,11)


 


 


 


 


(0,66)




Ivory Coast


 


 


—


 


—


 


—


 


 


 


 


—




Kenya


 


(1,75)


(1,75)


 


—


 


—


 


 


(0,17)


 


(1,92)




Lesotho


 


(0,10)


(0,10)


 


 


 


—


 


 


—


 


(0,10)




Liberia


 


—


—


 


(0,24)


 


(0,24)


 


—


 


 


(0,24)




Madagascar


—


(5,92)


(5,92)


 


(0,13)


 


(0,13)


 


(0,15)


 


 


(6,20)




Malawi


—


(1,92)


(1,92)


 


—


 


—


 


 


(0,69)


 


(2,61)




Mali


(0,43)


(1,04)


(1,47)


 


(0,18)


 


(0,18)


 


 


 


 


(1,65)




Mauritania


 


—


—


 


 


 


—


 


 


 


 


—




Mauritius


 


—


—


 


 


 


—


 


 


 


 


—




Mozambique


 


(5,60)


(5,60)


 


(0,03)


 


(0,03)


 


(0,00)


—


 


(5,64)




Namibia


 


(0,70)


(0,70)


 


(0,19)


 


(0,19)


 


 


 


 


(0,89)




Niger


—


(3,08)


(3,08)


 


—


 


—


 


 


 


 


(3,08)




Nigeria


 


—


—


 


 


 


—


 


 


(0,18)


 


(0,18)




Rwanda


 


(0,09)


(0,09)


 


 


 


—


 


 


(0,00)


 


(0,09)




Sao Tome & Principe


 


—


—


 


—


 


—


 


 


 


 


—




Senegal


—


(3,63)


(3,63)


 


—


 


—


 


 


(0,03)


 


(3,66)




Seychelles


 


(0,04)


(0,04)


 


 


 


—


 


 


 


 


(0,04)




Sierra Leone


—


—


—


 


—


 


—


 


 


—


 


—




Somalia


 


(0,00)


(0,00)


 


 


 


—


 


 


 


 


(0,00)




Sudan


137,00


—


137,00


 


—


 


—


 


(0,09)


—


 


136,91




Swaziland


 


—


—


 


 


 


—


 


 


—


 


—




Tanzania


(0,11)


(1,90)


(2,01)


 


 


 


—


 


 


 


 


(2,01)




Togo


 


(0,04)


(0,04)


 


—


 


—


 


 


(0,07)


 


(0,11)




Uganda


(7,49)


(1,35)


(8,84)


 


—


 


—


 


 


(0,23)


 


(9,07)




Zambia


—


(4,52)


(4,52)


 


 


 


—


 


 


 


 


(4,52)




Zimbabwe


 


—


—


 


 


 


—


 


 


 


 


—




* Total Africa


128,96


(86,99)


41,97


(0,23)


(6,37)


—


(6,59)


—


(0,53)


(3,72)


—


31,12




Antigua & Barbuda


 


(1,06)


(1,06)


 


 


 


—


 


 


 


 


(1,06)




Bahamas


 


(0,33)


(0,33)


 


 


 


—


 


 


 


 


(0,33)




Barbados


 


(0,55)


(0,55)


 


 


 


—


 


 


 


 


(0,55)




Belize


 


—


—


 


 


 


—


 


 


 


 


—




Dominica


 


—


—


 


 


 


—


 


 


 


 


—




Dominican Republic


(0,86)


—


(0,86)


 


—


 


—


 


 


 


 


(0,86)




Grenada


 


(0,60)


(0,60)


 


(0,08)


 


(0,08)


 


 


 


 


(0,68)




Guyana


 


(0,03)


(0,03)


 


 


 


—


 


 


 


 


(0,03)




Haiti


—


—


—


 


—


 


—


 


 


 


 


—




Jamaica


 


(0,09)


(0,09)


 


 


 


—


 


 


 


 


(0,09)




Saint Kitts & Nevis


 


(1,18)


(1,18)


 


 


 


—


 


 


 


 


(1,18)




Saint Lucia


 


(0,20)


(0,20)


 


 


 


—


 


 


 


 


(0,20)




Saint Vincent & the Grenadines


 


(0,20)


(0,20)


 


 


 


—


 


 


 


 


(0,20)




Suriname


 


(0,13)


(0,13)


 


 


 


—


 


(0,10)


 


 


(0,23)




Trinidad & Tobago


 


(0,34)


(0,34)


 


 


 


—


 


 


 


 


(0,34)




* Total Caribbean


(0,86)


(4,69)


(5,55)


—


(0,08)


—


(0,08)


—


(0,10)


—


—


(5,73)




Cook Islands


 


(0,15)


(0,15)


 


—


 


—


 


 


 


 


(0,15)




East Timor


 


—


—


 


 


 


—


 


 


 


 


—




Fiji


 


—


—


 


—


 


—


 


 


 


 


—




Kiribati


 


—


—


 


 


 


—


 


 


 


 


—




Marshall Islands


 


(0,07)


(0,07)


 


 


 


—


 


 


 


 


(0,07)




Micronesia


 


(0,10)


(0,10)


 


 


 


—


 


 


 


 


(0,10)




Nauru


 


—


—


 


 


 


—


 


 


 


 


—




Niue


 


—


—


 


 


 


—


 


 


 


 


—




Palau


 


—


—


 


 


 


—


 


 


 


 


—




Papua New Guinea


 


—


—


 


 


 


—


 


 


 


 


—




Solomon Islands


 


—


—


 


 


 


—


 


(0,10)


(0,01)


 


(0,11)




Tonga


 


(0,08)


(0,08)


 


 


 


—


 


 


 


 


(0,08)




Tuvalu


 


(0,32)


(0,32)


 


 


 


—


 


 


 


 


(0,32)




Vanuatu


 


(0,04)


(0,04)


 


(0,03)


 


(0,03)


 


 


 


 


(0,06)




Western Samoa


 


—


—


 


 


 


 


 


 


 


 


—




* Total Pacific


—


(0,76)


(0,76)


—


(0,03)


—


(0,03)


—


(0,10)


(0,01)


—


(0,90)




Caribbean Region


 


 


(2,68)


 


 


 


 


 


 


 


 


(2,68)




Central Africa Region


 


 


(1,10)


 


 


 


 


 


 


 


 


(1,10)




Eastern, Southern Africa and the Indian Ocean


 


 


(2,49)


 


 


 


(1,70)


 


 


 


 


(4,19)




Multiregional PALOP


 


 


 


 


 


 


 


 


 


 


 


—




Pacific Region


 


 


(0,06)


 


 


 


 


 


 


 


 


(0,06)




Regional cooperation ACP


 


 


(3,35)


 


 


 


(3,43)


 


(0,45)


(1,17)


 


(8,40)




Southern Africa Region


 


 


(5,74)


 


 


 


 


 


 


 


 


(5,74)




West Africa Region


 


 


(2,28)


 


 


 


 


 


 


 


 


(2,28)




* Total regional cooperation ACP


—


—


(17,69)


—


—


—


(5,13)


—


(0,45)


(1,17)


—


(24,43)




Administrative and financial expenditure


 


 


(0,59)


 


 


 


 


(5,52)


 


 


 


(6,11)




All ACP countries


 


 


(2,35)


 


 


 


 


 


 


 


 


(2,35)




* Total ACP


128,10


(92,44)


15,04


(0,23)


(6,48)


—


(11,83)


(5,52)


(1,19)


(4,91)


—


(8,40)




Anguilla


 


 


 


 


 


 


 


 


 


 


 


—




British Virgin Islands


 


(0,08)


(0,08)


 


 


 


 


 


 


 


 


(0,08)




Cayman Islands


 


 


—


 


 


 


 


 


 


 


 


—




Falkland Islands


 


 


—


 


 


 


 


 


 


 


 


—




Montserrat


 


(0,08)


(0,08)


 


 


 


 


 


 


 


 


(0,08)




Pitcairn Islands


 


 


 


 


 


 


 


 


 


 


 


—




Saint Helena


 


 


 


 


 


 


 


 


 


 


 


—




Turks & Caicos Islands


 


 


 


 


 


 


 


 


 


 


 


—




* Total British OCT


 


(0,16)


(0,16)


 


 


 


 


 


 


 


 


(0,16)




Aruba


 


 


—


 


 


 


 


 


 


 


 


 




Netherlands Antilles


 


 


 


 


 


 


 


 


 


 


 


 




* Total Dutch OCT


 


 


—


 


 


 


 


 


 


 


 


 




French Polynesia


 


 


 


 


 


 


 


 


 


 


 


 




Mayotte


 


 


 


 


 


 


 


 


 


 


 


 




New Caledonia


 


 


 


 


 


 


 


 


 


 


 


 




Saint Pierre & Miquelon


 


 


 


 


 


 


 


 


 


 


 


 




Wallis & Futuna


 


 


—


 


 


 


 


 


 


 


 


 




* Total French OCT


 


 


—


 


 


 


 


 


 


 


 


 




Regional cooperation OCT


 


 


(0,26)


 


 


 


 


 


 


 


 


(0,26)




* Total regional cooperation OCT


 


 


(0,26)


 


 


 


 


 


 


 


 


(0,26)




Administrative and financial expenditure


 


 


 


 


 


 


 


 


 


 


 


 




All OCT countries


 


 


 


 


 


 


 


 


 


 


 


 




* Total OCT


 


(0,16)


(0,42)


 


 


 


 


 


 


 


 


(0,42)




* Total ACP+OCT


128,10


(92,60)


14,62


(0,23)


(6,48)


—


(11,83)


(5,52)


(1,19)


(4,91)


—


(8,81)








Table 3.2.5


Situation by instrument and by state


















(EUR million)




9th EDF
Assigned funds cumulative 2011


Cotonou


Lomé


Voluntary contribution Peace Facility


Total state




A Envelope


B Envelope


Implementation costs




Macroeconomic support


Sectoral policies


A Envelope


Compensation export earnings


Emergency aid


Heavily indebted poor countries


B Envelope


Transfers from 6th EDF - Lomé


Transfers from 7th EDF - Lomé




Angola


 


123,54


123,54


 


25,51


 


25,51


 


 


11,89


 


160,94




Benin


106,63


197,49


304,13


 


1,05


 


1,05


 


 


0,23


 


305,40




Botswana


 


51,49


51,49


8,06


 


 


8,06


 


 


 


 


59,55




Burkina Faso


185,04


153,28


338,31


 


 


 


—


 


 


9,24


 


347,55




Burundi


64,91


145,89


210,81


5,86


38,92


7,60


52,38


 


 


65,36


 


328,55




Cameroon


 


163,03


163,03


 


7,86


 


7,86


 


 


 


 


170,89




Cape Verde


12,27


34,18


46,45


 


5,50


 


5,50


 


 


0,36


 


52,31




Central African Republic


11,58


93,77


105,35


4,17


3,35


1,60


9,12


 


 


 


 


114,47




Chad


22,53


171,87


194,39


 


17,22


 


17,22


 


 


1,08


 


212,69




Comoros


 


30,84


30,84


 


6,00


 


6,00


 


 


 


 


36,84




Congo (Brazzaville)


28,45


84,35


112,80


 


4,36


2,00


6,36


 


 


14,54


 


133,70




Democratic Republic of Congo


105,70


307,14


412,85


 


98,20


 


98,20


 


0,38


55,37


 


566,80




Djibouti


 


38,55


38,55


 


 


 


—


 


—


 


 


38,55




Equatorial Guinea


 


8,50


8,50


 


 


 


—


 


 


 


 


8,50




Eritrea


 


81,65


81,65


 


0,46


 


0,46


 


 


 


 


82,11




Ethiopia


57,97


471,26


529,24


 


44,59


 


44,59


 


 


29,63


 


603,46




Gabon


 


31,13


31,13


 


1,03


 


1,03


 


 


0,11


 


32,26




Gambia


 


51,36


51,36


1,74


 


 


1,74


 


 


2,58


 


55,68




Ghana


104,11


168,20


272,30


 


2,40


 


2,40


 


0,02


1,45


 


276,17




Guinea Bissau


9,78


42,54


52,32


3,20


 


 


3,20


 


—


0,28


 


55,80




Guinea (Conakry)


 


88,74


88,74


 


27,36


 


27,36


 


 


36,17


 


152,26




Ivory Coast


 


4,88


4,88


 


201,59


 


201,59


 


 


 


 


206,47




Kenya


124,75


153,66


278,41


 


25,21


 


25,21


 


 


8,50


 


312,13




Lesotho


 


96,86


96,86


 


 


 


—


 


 


0,57


 


97,43




Liberia


3,44


91,70


95,14


 


23,74


 


23,74


 


—


 


 


118,88




Madagascar


104,21


276,34


380,56


 


6,25


 


6,25


 


0,00


 


 


386,80




Malawi


55,77


172,26


228,03


10,00


10,82


 


20,82


 


0,34


5,97


 


255,16




Mali


122,07


286,50


408,58


1,11


39,95


 


41,06


 


 


2,51


 


452,15




Mauritania


 


114,13


114,13


21,60


5,66


 


27,26


 


 


0,32


 


141,70




Mauritius


8,74


56,31


65,05


0,38


0,28


 


0,67


 


0,09


 


 


65,80




Mozambique


145,83


270,59


416,43


 


3,49


 


3,49


 


6,65


1,81


 


428,38




Namibia


 


93,22


93,22


 


0,61


 


0,61


 


 


 


 


93,83




Niger


165,27


180,35


345,62


 


13,55


 


13,55


 


 


 


 


359,17




Nigeria


 


412,92


412,92


 


 


 


—


 


 


109,45


 


522,37




Rwanda


101,12


115,54


216,66


 


 


 


—


 


1,52


0,34


 


218,52




Sao Tome & Principe


 


12,32


12,32


 


1,83


 


1,83


 


 


 


 


14,15




Senegal


52,48


226,83


279,31


 


11,25


 


11,25


 


 


0,82


 


291,37




Seychelles


 


4,38


4,38


 


0,70


 


0,70


 


 


 


 


5,08




Sierra Leone


60,57


113,65


174,22


24,75


30,58


 


55,33


 


 


21,56


 


251,11




Somalia


 


183,47


183,47


 


 


 


—


 


 


 


 


183,47




Sudan


 


124,17


124,17


 


78,82


 


78,82


 


2,54


104,49


 


310,01




Swaziland


 


35,49


35,49


 


 


 


—


 


 


1,18


 


36,67




Tanzania


177,60


205,47


383,08


 


4,55


 


4,55


 


 


0,04


 


387,66




Togo


3,03


15,96


18,99


 


39,50


 


39,50


 


 


17,00


 


75,49




Uganda


80,56


178,09


258,64


 


36,80


 


36,80


 


2,86


3,53


 


301,84




Zambia


169,77


177,69


347,46


11,49


7,45


 


18,94


 


 


0,27


 


366,67




Zimbabwe


 


31,84


31,84


 


24,11


 


24,11


 


 


0,27


 


56,22




* Total Africa


2 084,20


6 173,45


8 257,66


92,37


850,52


11,20


954,08


 


14,39


506,90


 


9 733,03




Antigua & Barbuda


 


5,86


5,86


 


 


 


—


 


 


 


 


5,86




Bahamas


 


6,05


6,05


 


 


 


—


 


 


 


 


6,05




Barbados


 


11,67


11,67


 


 


 


—


 


 


 


 


11,67




Belize


 


7,41


7,41


 


0,64


 


0,64


 


 


 


 


8,06




Dominica


6,40


3,78


10,18


4,38


 


 


4,38


 


 


 


 


14,56




Dominican Republic


80,71


30,46


111,18


19,09


16,33


 


35,42


 


 


 


 


146,60




Grenada


9,88


9,13


19,01


 


7,57


 


7,57


 


 


 


 


26,58




Guyana


25,57


24,51


50,09


8,40


0,69


 


9,09


 


 


 


 


59,17




Haiti


3,54


107,98


111,52


 


164,99


 


164,99


 


 


 


 


276,51




Jamaica


2,50


42,06


44,56


1,93


26,02


 


27,96


 


0,07


83,01


 


155,60




Saint Kitts & Nevis


 


4,90


4,90


 


 


 


—


 


 


 


 


4,90




Saint Lucia


 


17,30


17,30


4,68


 


 


4,68


 


 


 


 


21,98




Saint Vincent & the Grenadines


 


13,48


13,48


4,40


 


 


4,40


 


 


 


 


17,88




Suriname


 


44,59


44,59


 


0,69


 


0,69


 


0,11


 


 


45,38




Trinidad & Tobago


26,98


4,35


31,33


 


 


 


—


 


 


6,00


 


37,33




* Total Caribbean


155,58


333,54


489,12


42,88


216,93


—


259,82


—


0,17


89,01


—


838,12




Cook Islands


 


2,73


2,73


 


0,60


 


0,60


 


 


 


 


3,33




East Timor


 


16,84


16,84


 


 


 


—


 


 


 


 


16,84




Fiji


 


22,16


22,16


 


1,94


 


1,94


 


0,00


0,50


 


24,59




Kiribati


 


8,46


8,46


 


2,08


 


2,08


 


 


0,42


 


10,96




Marshall Islands


 


3,24


3,24


 


1,09


 


1,09


 


 


 


 


4,33




Micronesia


 


4,47


4,47


 


1,39


 


1,39


 


 


 


 


5,87




Nauru


 


1,79


1,79


 


0,50


 


0,50


 


 


 


 


2,29




Niue


 


1,93


1,93


 


0,60


 


0,60


 


 


 


 


2,53




Palau


 


1,98


1,98


 


0,60


 


0,60


 


 


 


 


2,58




Papua New Guinea


 


70,17


70,17


17,11


3,48


 


20,59


 


 


3,24


 


94,00




Solomon Islands


 


12,60


12,60


5,48


0,55


 


6,03


 


—


0,43


 


19,06




Tonga


 


5,68


5,68


 


1,88


 


1,88


 


 


 


 


7,56




Tuvalu


 


4,13


4,13


 


0,70


 


0,70


 


 


0,20


 


5,03




Vanuatu


2,97


11,49


14,47


1,62


1,56


 


3,18


 


 


 


 


17,64




Western Samoa


 


21,70


21,70


1,92


0,02


 


1,94


 


 


 


 


23,64




* Total Pacific


2,97


189,37


192,34


26,13


16,98


—


43,11


—


0,00


4,79


—


240,24




Caribbean Region


 


 


103,75


 


 


 


35,06


 


 


 


 


138,80




Central Africa Region


 


 


56,10


 


 


 


15,77


 


 


 


 


71,87




Eastern, Southern Africa and the Indian Ocean


 


 


279,48


 


 


 


45,26


 


 


 


 


324,74




Multiregional PALOP


 


 


21,80


 


 


 


 


 


 


 


 


21,80




Pacific Region


 


 


39,76


 


 


 


 


 


 


 


 


39,76




Regional cooperation ACP


 


 


2 773,02


 


 


 


110,59


 


4,27


55,50


37,36


2 980,74




Southern Africa Region


 


 


107,89


 


 


 


17,09


 


 


 


 


124,97




West Africa Region


 


 


232,53


 


 


 


30,75


 


 


 


 


263,28




* Total regional cooperation ACP


 


 


3 614,32


—


—


—


254,52


—


4,27


55,50


37,36


3 965,97




Administrative and financial expenditure


 


 


89,41


 


 


 


 


337,40


 


 


 


426,82




All ACP countries


 


 


159,48


 


 


 


 


 


1,67


29,16


 


190,31




* Total ACP


2 242,76


6 696,36


12 802,34


161,38


1 084,43


11,20


1 511,53


337,40


20,50


685,37


37,36


15 394,49




Anguilla


 


12,24


12,24


 


 


 


 


 


 


 


 


12,24




British Virgin Islands


 


0,91


0,91


 


 


 


 


 


 


 


 


0,91




Cayman Islands


 


 


—


 


4,47


 


4,47


 


 


 


 


4,47




Falkland Islands


 


4,52


4,52


 


 


 


 


 


 


 


 


4,52




Montserrat


 


23,05


23,05


 


 


 


 


 


 


 


 


23,05




Pitcairn Islands


 


2,35


2,35


 


 


 


 


 


 


 


 


2,35




Saint Helena


 


17,82


17,82


 


 


 


 


 


 


 


 


17,82




Turks & Caicos Islands


13,98


0,02


14,00


 


 


 


 


 


 


 


 


14,00




* Total British OCT


13,98


60,91


74,89


 


4,47


 


4,47


 


 


 


 


79,36




Aruba


 


10,28


10,28


 


 


 


 


 


 


0,06


 


10,34




Netherlands Antilles


 


49,55


49,55


 


 


 


 


 


 


2,13


 


51,68




* Total Dutch OCT


 


59,83


59,83


 


 


 


 


 


 


2,19


 


62,02




French Polynesia


 


19,78


19,78


 


 


 


 


 


 


0,04


 


19,83




Mayotte


 


21,95


21,95


 


 


 


 


 


 


 


 


21,95




New Caledonia


 


30,16


30,16


 


 


 


 


 


 


0,89


 


31,05




Saint Pierre & Miquelon


 


18,88


18,88


 


 


 


 


 


 


 


 


18,88




Wallis & Futuna


 


15,99


15,99


 


 


 


 


 


 


 


 


15,99




* Total French OCT


 


106,77


106,77


 


 


 


 


 


 


0,93


 


107,70




Regional cooperation OCT


 


 


47,00


 


 


 


 


 


0,03


0,00


 


47,03




* Total regional cooperation OCT


 


 


47,02


 


 


 


 


 


0,03


0,00


 


47,03




Administrative and financial expenditure


 


 


 


 


 


 


 


 


 


 


 


 




All OCT countries


 


 


 


 


 


 


 


0,73


 


 


 


0,73




* Total OCT


13,98


227,51


288,51


 


4,47


 


4,47


0,73


0,03


3,13


 


296,83




* Total ACP + OCT


2 256,74


6 923,87


13 090,84


161,38


1 088,90


11,20


1 516,00


338,13


20,53


688,49


37,36


15 691,32








Table 3.2.6


Situation by instrument and by state


















(EUR million)




9th EDF
Assigned funds annual 2011


Cotonou


Lomé


Voluntary contribution Peace Facility


Total state




A Envelope


B Envelope


Implementation costs




Macroeconomic support


Sectoral policies


Total A Envelope


Compensation export earnings


Emergency aid


Debt relief


B Envelope


Transfers from 6th EDF - Lomé


Transfers from 7th EDF - Lomé




Angola


 


(0,57)


(0,57)


 


(0,82)


 


(0,82)


 


 


(0,60)


 


(1,99)




Benin


(0,88)


(0,26)


(1,13)


 


 


 


—


 


 


 


 


(1,13)




Botswana


 


(0,31)


(0,31)


 


 


 


—


 


 


 


 


(0,31)




Burkina Faso


(0,02)


4,60


4,58


 


 


 


—


 


 


(0,10)


 


4,48




Burundi


 


8,96


8,96


 


0,06


 


0,06


 


 


(0,13)


 


8,89




Cameroon


 


0,22


0,22


 


0,02


 


0,02


 


 


 


 


0,24




Cape Verde


 


(0,11)


(0,11)


 


 


 


—


 


 


(0,14)


 


(0,25)




Central African Republic


 


2,53


2,53


 


—


 


—


 


 


 


 


2,53




Chad


 


(1,25)


(1,25)


 


0,03


 


0,03


 


 


(0,11)


 


(1,33)




Comoros


 


(0,44)


(0,44)


 


0,01


 


0,01


 


 


 


 


(0,43)




Congo (Brazzaville)


 


(1,25)


(1,25)


 


(0,00)


 


(0,00)


 


 


(1,00)


 


(2,25)




Democratic Republic of Congo


 


(4,98)


(4,98)


 


0,18


 


0,18


 


 


(1,12)


 


(5,92)




Djibouti


 


17,17


17,17


 


 


 


—


 


 


 


 


17,17




Equatorial Guinea


 


(0,14)


(0,14)


 


 


 


—


 


 


 


 


(0,14)




Eritrea


 


(28,62)


(28,62)


 


 


 


—


 


 


 


 


(28,62)




Ethiopia


(0,10)


0,22


0,12


 


(0,73)


 


(0,73)


 


 


 


 


(0,61)




Gabon


 


(0,07)


(0,07)


 


 


 


—


 


 


 


 


(0,07)




Gambia


 


2,43


2,43


0,05


 


 


0,05


 


 


 


 


2,48




Ghana


 


(1,11)


(1,11)


 


(0,35)


 


(0,35)


 


 


 


 


(1,45)




Guinea Bissau


(0,00)


(1,06)


(1,06)


 


 


 


—


 


 


(0,15)


 


(1,22)




Guinea (Conakry)


 


4,28


4,28


 


6,25


 


6,25


 


 


—


 


10,53




Ivory Coast


 


 


—


 


(0,51)


 


(0,51)


 


 


 


 


(0,51)




Kenya


 


(0,47)


(0,47)


 


(0,05)


 


(0,05)


 


 


(0,35)


 


(0,87)




Lesotho


 


0,42


0,42


 


 


 


—


 


 


(0,04)


 


0,39




Liberia


 


(1,02)


(1,02)


 


 


 


—


 


(0,02)


 


 


(1,03)




Madagascar


(0,73)


(6,43)


(7,16)


 


 


 


—


 


 


 


 


(7,16)




Malawi


(3,38)


(6,76)


(10,14)


 


(0,02)


 


(0,02)


 


 


(0,47)


 


(10,63)




Mali


(0,08)


(1,45)


(1,53)


 


0,56


 


0,56


 


 


 


 


(0,97)




Mauritania


 


8,13


8,13


 


 


 


—


 


 


 


 


8,13




Mauritius


 


(0,04)


(0,04)


 


 


 


—


 


 


 


 


(0,04)




Mozambique


 


0,56


0,56


 


(2,01)


 


(2,01)


 


 


(0,04)


 


(1,48)




Namibia


 


(1,83)


(1,83)


 


 


 


—


 


 


 


 


(1,83)




Niger


(0,06)


(1,90)


(1,96)


 


(0,60)


 


(0,60)


 


 


 


 


(2,57)




Nigeria


 


(5,22)


(5,22)


 


 


 


—


 


 


(6,33)


 


(11,55)




Rwanda


—


(0,60)


(0,60)


 


 


 


—


 


 


 


 


(0,60)




Sao Tome & Principe


 


(0,05)


(0,05)


 


(0,05)


 


(0,05)


 


 


 


 


(0,10)




Senegal


0,01


(1,14)


(1,13)


 


0,02


 


0,02


 


 


 


 


(1,12)




Seychelles


 


0,09


0,09


 


 


 


—


 


 


 


 


0,09




Sierra Leone


(0,07)


0,31


0,24


 


(0,03)


 


(0,03)


 


 


(0,38)


 


(0,17)




Somalia


 


(6,76)


(6,76)


 


 


 


—


 


 


 


 


(6,76)




Sudan


 


(0,23)


(0,23)


 


(0,26)


 


(0,26)


 


 


(0,14)


 


(0,64)




Swaziland


 


0,58


0,58


 


 


 


—


 


 


—


 


0,58




Tanzania


 


0,44


0,44


 


 


 


—


 


 


 


 


0,44




Togo


 


0,37


0,37


 


(0,29)


 


(0,29)


 


 


(0,51)


 


(0,43)




Uganda


(0,33)


(1,24)


(1,57)


 


(1,10)


 


(1,10)


 


 


—


 


(2,67)




Zambia


(8,75)


(0,83)


(9,58)


 


 


 


—


 


 


 


 


(9,58)




Zimbabwe


 


0,07


0,07


 


—


 


—


 


 


 


 


0,07




* Total Africa


(14,40)


(24,75)


(39,15)


0,05


0,29


—


0,34


—


(0,02)


(11,59)


—


(50,42)




Antigua & Barbuda


 


(0,01)


(0,01)


 


 


 


—


 


 


 


 


(0,01)




Bahamas


 


0,04


0,04


 


 


 


—


 


 


 


 


0,04




Barbados


 


(0,00)


(0,00)


 


 


 


—


 


 


 


 


(0,00)




Belize


 


(0,17)


(0,17)


 


 


 


—


 


 


 


 


(0,17)




Dominica


—


0,01


0,01


 


 


 


—


 


 


 


 


0,01




Dominican Republic


(0,86)


(0,37)


(1,23)


 


0,35


 


0,35


 


 


 


 


(0,87)




Grenada


—


—


—


 


 


 


—


 


 


 


 


—




Guyana


 


(0,03)


(0,03)


 


 


 


—


 


 


 


 


(0,03)




Haiti


(0,01)


0,05


0,04


 


1,16


 


1,16


 


 


 


 


1,20




Jamaica


 


(0,71)


(0,71)


0,04


 


 


0,04


 


 


(0,05)


 


(0,72)




Saint Kitts & Nevis


 


(0,05)


(0,05)


 


 


 


—


 


 


 


 


(0,05)




Saint Lucia


 


0,28


0,28


 


 


 


—


 


 


 


 


0,28




Saint Vincent & the Grenadines


 


(0,08)


(0,08)


 


 


 


—


 


 


 


 


(0,08)




Suriname


 


(0,57)


(0,57)


 


 


 


—


 


 


 


 


(0,57)




Trinidad & Tobago


—


(0,15)


(0,15)


 


 


 


—


 


 


 


 


(0,15)




* Total Caribbean


(0,87)


(1,76)


(2,63)


0,04


1,51


—


1,55


—


—


(0,05)


—


(1,13)




Cook Islands


 


0,02


0,02


 


0,59


 


0,59


 


 


 


 


0,61




East Timor


 


3,70


3,70


 


 


 


—


 


 


 


 


3,70




Fiji


 


0,13


0,13


 


0,07


 


0,07


 


 


 


 


0,19




Kiribati


 


(0,12)


(0,12)


 


—


 


—


 


 


 


 


(0,12)




Marshall Islands


 


(0,06)


(0,06)


 


 


 


—


 


 


 


 


(0,06)




Micronesia


 


(0,30)


(0,30)


 


 


 


—


 


 


 


 


(0,30)




Nauru


 


0,00


0,00


 


 


 


—


 


 


 


 


0,00




Niue


 


0,00


0,00


 


 


 


—


 


 


 


 


0,00




Palau


 


0,00


0,00


 


 


 


—


 


 


 


 


0,00




Papua New Guinea


 


(0,99)


(0,99)


0,18


 


 


0,18


 


 


 


 


(0,81)




Solomon Islands


 


0,00


0,00


 


 


 


—


 


 


 


 


0,00




Tonga


 


0,06


0,06


 


 


 


—


 


 


 


 


0,06




Tuvalu


 


(0,32)


(0,32)


 


 


 


—


 


 


 


 


(0,32)




Vanuatu


0,20


(0,29)


(0,09)


 


(0,01)


 


(0,01)


 


 


 


 


(0,11)




Western Samoa


 


(0,02)


(0,02)


0,10


 


 


0,10


 


 


 


 


0,07




* Total Pacific


0,20


1,79


1,99


0,28


0,64


—


0,92


—


—


—


—


2,91




Caribbean Region


 


 


(0,28)


 


 


 


 


 


 


 


 


(0,28)




Central Africa Region


 


 


(0,13)


 


 


 


0,40


 


 


 


 


0,27




Eastern, Southern Africa and the Indian Ocean


 


 


(0,35)


 


 


 


(0,22)


 


 


 


 


(0,57)




Multiregional PALOP


 


 


2,63


 


 


 


 


 


 


 


 


2,63




Pacific Region


 


 


(0,01)


 


 


 


 


 


 


 


 


(0,01)




Regional cooperation ACP


 


 


17,44


 


 


 


10,98


 


(0,06)


(1,75)


 


26,61




Southern Africa Region


 


 


(2,53)


 


 


 


0,15


 


 


 


 


(2,38)




West Africa Region


 


 


9,44


 


 


 


6,34


 


 


 


 


15,77




* Total regional cooperation ACP


—


—


26,20


—


—


—


17,64


—


(0,06)


(1,75)


—


42,03




Administrative and financial expenditure


 


 


 


 


 


 


 


(1,02)


 


 


 


(1,02)




All ACP countries


 


 


(7,43)


 


 


 


 


 


 


 


 


(7,43)




* Total ACP


(15,08)


(24,71)


(21,01)


0,37


2,44


—


20,46


(1,02)


(0,08)


(13,40)


—


(15,06)




Anguilla


 


 


 


 


 


 


—


 


 


 


 


—




British Virgin Islands


 


(0,01)


(0,01)


 


 


 


—


 


 


 


 


(0,01)




Cayman Islands


 


 


—


 


(2,37)


 


(2,37)


 


 


 


 


(2,37)




Falkland Islands


 


 


—


 


 


 


—


 


 


 


 


—




Montserrat


 


(0,11)


(0,11)


 


 


 


—


 


 


 


 


(0,11)




Pitcairn Islands


 


 


—


 


 


 


—


 


 


 


 


—




Saint Helena


 


 


—


 


 


 


—


 


 


 


 


—




Turks & Caicos Islands


 


 


—


 


 


 


—


 


 


 


 


—




* Total British OCT


 


(0,12)


(0,12)


 


(2,37)


 


(2,37)


 


 


 


 


(2,49)




Aruba


 


(0,07)


(0,07)


 


 


 


 


 


 


 


 


(0,07)




Netherlands Antilles


 


0,04


0,04


 


 


 


 


 


 


 


 


0,04




* Total Dutch OCT


 


(0,03)


(0,03)


 


 


 


 


 


 


 


 


(0,03)




French Polynesia


 


8,38


8,38


 


 


 


 


 


 


 


 


8,38




Mayotte


 


17,69


17,69


 


 


 


 


 


 


 


 


17,69




New Caledonia


 


0,07


0,07


 


 


 


 


 


 


(0,02)


 


0,05




Saint Pierre & Miquelon


 


—


—


 


 


 


 


 


 


 


 


—




Wallis & Futuna


 


0,24


0,24


 


 


 


 


 


 


 


 


0,24




* Total French OCT


 


26,38


26,38


 


 


 


 


 


 


(0,02)


 


26,36




Regional cooperation OCT


 


 


(0,03)


 


 


 


 


 


 


 


 


(0,03)




* Total regional cooperation OCT


 


 


(0,03)


 


 


 


 


 


 


 


 


(0,03)




Administrative and financial expenditure


 


 


 


 


 


 


 


 


 


 


 


 




All OCT countries


 


 


 


 


 


 


 


 


 


 


 


 




* Total OCT


—


26,23


26,20


—


(2,37)


—


(2,37)


—


—


(0,02)


—


23,82




* Total ACP + OCT


(15,08)


1,52


5,19


0,37


0,07


—


18,09


(1,02)


(0,08)


(13,42)


 


8,76








Table 3.2.7


Situation by instrument and by state


















(EUR million)




9th EDF
Payments cumulative 2011


Cotonou


Lomé


Voluntary contribution Peace Facility


Total state




A Envelope


B Envelope


Implementation costs




Macroeconomic support


Sectoral policies


A Envelope


Compensation export earnings


Emergency aid


Heavily indebted poor countries


B Envelope


Transfers from 6th EDF - Lomé


Transfers from 7th EDF - Lomé




Angola


 


98,36


98,36


 


24,91


 


24,91


 


 


11,60


 


134,88




Benin


106,63


192,47


299,10


 


1,05


 


1,05


 


 


0,23


 


300,38




Botswana


 


49,94


49,94


8,06


 


 


8,06


 


 


 


 


58,00




Burkina Faso


184,18


145,17


329,35


 


 


 


—


 


 


8,81


 


338,16




Burundi


64,85


119,65


184,50


5,86


36,68


7,60


50,14


 


 


64,89


 


299,53




Cameroon


 


151,77


151,77


 


6,86


 


6,86


 


 


 


 


158,63




Cape Verde


12,27


23,99


36,26


 


5,50


 


5,50


 


 


0,36


 


42,12




Central African Republic


11,58


73,44


85,03


4,17


3,29


1,60


9,06


 


 


 


 


94,09




Chad


22,32


150,40


172,72


 


15,21


 


15,21


 


 


1,07


 


189,00




Comoros


 


24,56


24,56


 


5,72


 


5,72


 


 


 


 


30,28




Congo (Brazzaville)


28,45


81,83


110,28


 


4,14


2,00


6,14


 


 


14,54


 


130,95




Democratic Republic of Congo


105,70


287,91


393,61


 


90,09


 


90,09


 


0,38


54,42


 


538,50




Djibouti


 


21,80


21,80


 


 


 


—


 


 


 


 


21,80




Equatorial Guinea


 


6,08


6,08


 


 


 


—


 


 


 


 


6,08




Eritrea


 


73,59


73,59


 


0,46


 


0,46


 


 


 


 


74,04




Ethiopia


57,97


455,00


512,97


 


43,58


 


43,58


 


 


17,85


 


574,41




Gabon


 


23,34


23,34


 


0,74


 


0,74


 


 


0,11


 


24,19




Gambia


 


45,63


45,63


1,20


 


 


1,20


 


 


2,58


 


49,41




Ghana


103,16


157,82


260,97


 


1,83


 


1,83


 


0,02


1,45


 


264,27




Guinea Bissau


9,78


36,31


46,09


3,20


 


 


3,20


 


 


0,28


 


49,57




Guinea (Conakry)


 


83,67


83,67


 


21,08


 


21,08


 


 


32,37


 


137,12




Ivory Coast


 


4,86


4,86


 


173,64


 


173,64


 


 


 


 


178,50




Kenya


94,30


110,19


204,49


 


19,91


 


19,91


 


 


8,48


 


232,88




Lesotho


 


80,99


80,99


 


 


 


—


 


 


0,57


 


81,56




Liberia


3,44


72,56


76,00


 


23,74


 


23,74


 


 


 


 


99,73




Madagascar


103,62


268,57


372,18


 


6,25


 


6,25


 


 


 


 


378,43




Malawi


54,95


149,21


204,16


10,00


10,12


 


20,12


 


0,34


5,74


 


230,36




Mali


122,07


284,41


406,48


1,11


39,03


 


40,14


 


 


2,51


 


449,13




Mauritania


 


94,95


94,95


21,21


5,66


 


26,86


 


 


0,32


 


122,13




Mauritius


8,74


53,75


62,50


0,38


0,28


 


0,67


 


0,09


 


 


63,25




Mozambique


145,83


246,36


392,20


 


3,39


 


3,39


 


6,64


1,54


 


403,77




Namibia


 


92,84


92,84


 


0,61


 


0,61


 


 


 


 


93,45




Niger


164,74


172,31


337,05


 


13,01


 


13,01


 


 


 


 


350,06




Nigeria


 


367,93


367,93


 


 


 


—


 


 


99,86


 


467,79




Rwanda


101,12


113,33


214,45


 


 


 


—


 


1,52


0,34


 


216,31




Sao Tome & Principe


 


11,25


11,25


 


1,65


 


1,65


 


 


 


 


12,90




Senegal


45,15


206,27


251,43


 


8,90


 


8,90


 


 


0,69


 


261,02




Seychelles


 


3,58


3,58


 


0,70


 


0,70


 


 


 


 


4,28




Sierra Leone


55,72


101,20


156,92


24,75


27,56


 


52,31


 


 


21,23


 


230,46




Somalia


 


175,93


175,93


 


 


 


—


 


 


 


 


175,93




Sudan


 


108,38


108,38


 


78,13


 


78,13


 


2,54


104,49


 


293,54




Swaziland


 


28,85


28,85


 


 


 


—


 


 


0,94


 


29,80




Tanzania


177,60


195,46


373,07


 


4,55


 


4,55


 


 


0,04


 


377,65




Togo


3,03


11,06


14,10


 


31,24


 


31,24


 


 


16,17


 


61,51




Uganda


80,56


169,37


249,93


 


36,73


 


36,73


 


2,86


3,32


 


292,83




Zambia


168,72


157,67


326,38


11,49


7,45


 


18,94


 


 


0,27


 


345,60




Zimbabwe


 


28,81


28,81


 


22,73


 


22,73


 


 


0,27


 


51,80




* Total Africa


2 036,51


5 612,83


7 649,33


91,44


776,38


11,20


879,02


—


14,39


477,34


—


9 020,08




Antigua & Barbuda


 


4,99


4,99


 


 


 


—


 


 


 


 


4,99




Bahamas


 


3,99


3,99


 


 


 


—


 


 


 


 


3,99




Barbados


 


10,47


10,47


 


 


 


—


 


 


 


 


10,47




Belize


 


7,10


7,10


 


0,64


 


0,64


 


 


 


 


7,75




Dominica


6,40


3,48


9,88


4,38


 


 


4,38


 


 


 


 


14,26




Dominican Republic


80,71


28,09


108,80


18,19


14,96


 


33,15


 


 


 


 


141,95




Grenada


9,88


8,23


18,11


 


5,88


 


5,88


 


 


 


 


23,99




Guyana


19,07


19,69


38,76


8,40


0,69


 


9,09


 


 


 


 


47,85




Haiti


3,54


100,14


103,68


 


154,15


 


154,15


 


 


 


 


257,83




Jamaica


2,50


29,85


32,35


1,92


26,02


 


27,94


 


0,07


69,01


 


129,37




Saint Kitts & Nevis


 


4,42


4,42


 


 


 


—


 


 


 


 


4,42




Saint Lucia


 


11,53


11,53


 


 


 


—


 


 


 


 


11,53




Saint Vincent & the Grenadines


 


8,76


8,76


2,60


 


 


2,60


 


 


 


 


11,37




Suriname


 


42,66


42,66


 


0,69


 


0,69


 


0,11


 


 


43,46




Trinidad & Tobago


26,98


4,35


31,33


 


 


 


—


 


 


4,00


 


35,33




* Total Caribbean


149,08


287,77


436,85


35,49


203,03


—


238,52


—


0,17


73,01


—


748,56




Cook Islands


 


2,66


2,66


 


0,60


 


0,60


 


 


 


 


3,26




East Timor


 


10,78


10,78


 


 


 


—


 


 


 


 


10,78




Fiji


 


21,54


21,54


 


1,16


 


1,16


 


 


0,50


 


23,20




Kiribati


 


8,28


8,28


 


1,52


 


1,52


 


 


0,35


 


10,14




Marshall Islands


 


3,21


3,21


 


0,71


 


0,71


 


 


 


 


3,92




Micronesia


 


4,39


4,39


 


0,90


 


0,90


 


 


 


 


5,29




Nauru


 


1,67


1,67


 


0,32


 


0,32


 


 


 


 


1,99




Niue


 


1,83


1,83


 


0,60


 


0,60


 


 


 


 


2,43




Palau


 


1,80


1,80


 


0,38


 


0,38


 


 


 


 


2,18




Papua New Guinea


 


55,43


55,43


10,34


2,36


 


12,70


 


 


3,24


 


71,37




Solomon Islands


 


8,82


8,82


2,13


0,35


 


2,48


 


 


0,41


 


11,70




Tonga


 


4,96


4,96


 


1,48


 


1,48


 


 


 


 


6,45




Tuvalu


 


4,13


4,13


 


0,45


 


0,45


 


 


 


 


4,58




Vanuatu


1,91


10,81


12,72


1,62


1,56


 


3,18


 


 


 


 


15,89




Western Samoa


 


21,62


21,62


1,89


0,02


 


1,91


 


 


 


 


23,53




* Total Pacific


1,91


161,93


163,84


15,97


12,40


—


28,38


—


—


4,49


—


196,72




Caribbean Region


 


 


97,35


 


 


 


33,34


 


 


 


 


130,69




Central Africa Region


 


 


48,10


 


 


 


11,66


 


 


 


 


59,76




Eastern, Southern Africa and the Indian Ocean


 


 


217,79


 


 


 


35,54


 


 


 


 


253,34




Multiregional PALOP


 


 


12,07


 


 


 


 


 


 


 


 


12,07




Pacific Region


 


 


38,31


 


 


 


 


 


 


 


 


38,31




Regional cooperation ACP


 


 


2 297,00


 


 


 


88,21


 


3,97


48,02


24,38


2 461,57




Southern Africa Region


 


 


79,47


 


 


 


13,53


 


 


 


 


93,00




West Africa Region


 


 


143,17


 


 


 


21,41


 


 


 


 


164,57




* Total regional cooperation ACP


 


 


2 933,26


—


—


—


203,68


—


3,97


48,02


24,38


3 213,31




Administrative and financial expenditure


 


 


89,41


 


 


 


 


331,51


 


 


 


420,93




All ACP countries


 


 


153,95


 


 


 


 


 


0,50


29,10


 


183,56




* Total ACP


2 187,50


6 062,53


11 426,66


142,91


991,82


11,20


1 349,61


331,51


19,03


631,97


24,38


13 783,15




Administrative and financial expenditure


 


 


 


 


 


 


—


 


 


 


 


—




All OCT countries


 


 


 


 


 


 


—


0,73


 


 


 


0,73




Anguilla


 


12,16


12,16


 


 


 


—


 


 


 


 


12,16




British Virgin Islands


 


0,72


0,72


 


 


 


—


 


 


 


 


0,72




Cayman Islands


 


 


—


 


4,47


 


4,47


 


 


 


 


4,47




Falkland Islands


 


4,52


4,52


 


 


 


—


 


 


 


 


4,52




Montserrat


 


20,38


20,38


 


 


 


—


 


 


 


 


20,38




Pitcairn Islands


 


0,10


0,10


 


 


 


—


 


 


 


 


0,10




Saint Helena


 


17,82


17,82


 


 


 


—


 


 


 


 


17,82




Turks & Caicos Islands


9,18


0,02


9,20


 


 


 


—


 


 


 


 


9,20




* Total British OCT


9,18


55,72


64,90


—


4,47


 


4,47


—


—


—


—


69,37




Aruba


 


10,26


10,26


 


 


 


 


 


 


0,06


 


10,32




Netherlands Antilles


 


49,52


49,52


 


 


 


 


 


 


2,13


 


51,64




* Total Dutch OCT


 


59,77


59,77


—


—


—


—


—


—


2,19


—


61,96




French Polynesia


 


10,78


10,78


 


 


 


 


 


 


0,04


 


10,83




Mayotte


 


6,71


6,71


 


 


 


 


 


 


 


 


6,71




New Caledonia


 


27,77


27,77


 


 


 


 


 


 


0,89


 


28,66




Saint Pierre & Miquelon


 


18,88


18,88


 


 


 


 


 


 


 


 


18,88




Wallis & Futuna


 


9,36


9,36


 


 


 


 


 


 


 


 


9,36




* Total French OCT


 


73,51


73,51


—


—


—


—


—


—


0,93


—


74,44




Regional cooperation OCT


 


 


36,69


 


 


 


 


 


0,03


0,00


 


36,73




* Total regional cooperation OCT


 


 


36,69


 


 


 


 


 


0,03


0,00


 


36,73




* Total OCT


9,18


189,01


234,88


—


4,47


—


4,47


0,73


0,03


3,13


—


243,23




* Total ACP + OCT


2 196,68


6 251,53


11 661,54


142,91


996,29


11,20


1 354,08


332,24


19,05


635,09


24,38


14 026,38








Table 3.2.8


Situation by instrument and by state


















(EUR million)




9th EDF
Payments annual 2011


Cotonou


Lomé


Voluntary contribution Peace Facility


Total state




A Envelope


B Envelope


Implementation costs




Macroeconomic support


Sectoral policies


Total A Envelope


Compensation export earnings


Emergency aid


Debt relief


B Envelope


Transfers from 6th EDF - Lomé


Transfers from 7th EDF - Lomé




Angola


 


4,99


4,99


 


 


 


—


 


 


 


 


4,99




Benin


0,01


6,48


6,49


 


 


 


—


 


 


 


 


6,49




Botswana


 


2,15


2,15


 


 


 


—


 


 


 


 


2,15




Burkina Faso


(0,27)


5,26


5,00


 


 


 


—


 


 


(0,01)


 


4,98




Burundi


 


21,99


21,99


 


3,76


 


3,76


 


 


 


 


25,75




Cameroon


 


8,00


8,00


 


0,05


 


0,05


 


 


 


 


8,05




Cape Verde


 


5,42


5,42


 


 


 


—


 


 


 


 


5,42




Central African Republic


 


24,34


24,34


 


0,14


 


0,14


 


 


 


 


24,48




Chad


 


11,74


11,74


 


0,67


 


0,67


 


 


 


 


12,42




Comoros


 


4,33


4,33


 


0,21


 


0,21


 


 


 


 


4,54




Congo (Brazzaville)


 


1,85


1,85


 


 


 


—


 


 


(0,65)


 


1,20




Democratic Republic of Congo


 


18,47


18,47


 


7,16


 


7,16


 


 


0,26


 


25,89




Djibouti


 


3,48


3,48


 


 


 


—


 


 


 


 


3,48




Equatorial Guinea


 


0,11


0,11


 


 


 


—


 


 


 


 


0,11




Eritrea


 


20,28


20,28


 


 


 


—


 


 


 


 


20,28




Ethiopia


 


3,51


3,51


 


0,02


 


0,02


 


 


 


 


3,53




Gabon


 


3,28


3,28


 


 


 


—


 


 


 


 


3,28




Gambia


 


11,87


11,87


0,14


 


 


0,14


 


 


 


 


12,01




Ghana


 


6,70


6,70


 


0,15


 


0,15


 


 


 


 


6,85




Guinea Bissau


0,23


4,65


4,88


 


 


 


—


 


 


(0,15)


 


4,73




Guinea (Conakry)


 


12,09


12,09


 


6,95


 


6,95


 


 


0,06


 


19,10




Ivory Coast


 


 


—


 


19,10


 


19,10


 


 


 


 


19,10




Kenya


 


25,92


25,92


 


(2,36)


 


(2,36)


 


 


0,00


 


23,57




Lesotho


 


24,35


24,35


 


 


 


—


 


 


 


 


24,35




Liberia


 


7,47


7,47


 


 


 


—


 


 


 


 


7,47




Madagascar


(0,01)


9,98


9,97


 


 


 


—


 


 


 


 


9,97




Malawi


0,01


17,24


17,25


 


0,21


 


0,21


 


 


 


 


17,46




Mali


0,03


5,25


5,27


 


0,77


 


0,77


 


 


 


 


6,05




Mauritania


 


13,74


13,74


2,32


 


 


2,32


 


 


 


 


16,07




Mauritius


 


0,10


0,10


 


 


 


—


 


 


 


 


0,10




Mozambique


 


11,79


11,79


 


(0,03)


 


(0,03)


 


 


(0,04)


 


11,71




Namibia


 


10,53


10,53


 


 


 


—


 


 


 


 


10,53




Niger


25,01


4,25


29,26


 


(0,48)


 


(0,48)


 


 


 


 


28,78




Nigeria


 


24,96


24,96


 


 


 


—


 


 


0,42


 


25,37




Rwanda


0,34


1,72


2,06


 


 


 


—


 


 


 


 


2,06




Sao Tome & Principe


 


0,41


0,41


 


0,77


 


0,77


 


 


 


 


1,18




Senegal


0,01


8,48


8,49


 


0,71


 


0,71


 


 


 


 


9,20




Seychelles


 


1,40


1,40


 


 


 


—


 


 


 


 


1,40




Sierra Leone


0,02


15,50


15,52


 


0,33


 


0,33


 


 


(0,01)


 


15,83




Somalia


 


11,19


11,19


 


 


 


—


 


 


 


 


11,19




Sudan


 


(0,15)


(0,15)


 


(0,10)


 


(0,10)


 


 


—


 


(0,26)




Swaziland


 


3,88


3,88


 


 


 


—


 


 


0,06


 


3,94




Tanzania


 


15,33


15,33


 


 


 


—


 


 


 


 


15,33




Togo


 


2,34


2,34


 


9,77


 


9,77


 


 


0,03


 


12,14




Uganda


0,16


28,49


28,65


 


0,67


 


0,67


 


 


(0,22)


 


29,11




Zambia


(0,04)


4,38


4,34


 


 


 


—


 


 


 


 


4,34




Zimbabwe


 


1,29


1,29


 


0,94


 


0,94


 


 


 


 


2,23




* Total Africa


25,50


430,83


456,33


2,47


49,42


—


51,89


—


—


(0,27)


—


507,96




Antigua & Barbuda


 


(0,07)


(0,07)


 


 


 


—


 


 


 


 


(0,07)




Bahamas


 


1,02


1,02


 


 


 


—


 


 


 


 


1,02




Barbados


 


 


—


 


 


 


—


 


 


 


 


—




Belize


 


0,13


0,13


 


 


 


—


 


 


 


 


0,13




Dominica


1,49


0,65


2,14


1,50


 


 


1,50


 


 


 


 


3,64




Dominican Republic


 


1,89


1,89


3,86


1,77


 


5,63


 


 


 


 


7,52




Grenada


0,25


0,48


0,73


 


(1,69)


 


(1,69)


 


 


 


 


(0,96)




Guyana


 


4,87


4,87


 


 


 


—


 


 


 


 


4,87




Haiti


0,21


2,98


3,19


 


8,07


 


8,07


 


 


 


 


11,25




Jamaica


 


4,07


4,07


0,13


 


 


0,13


 


 


 


 


4,20




Saint Kitts & Nevis


 


0,76


0,76


 


 


 


—


 


 


 


 


0,76




Saint Lucia


 


10,20


10,20


 


 


 


—


 


 


 


 


10,20




Saint Vincent & the Grenadines


 


1,36


1,36


1,80


 


 


1,80


 


 


 


 


3,16




Suriname


 


1,73


1,73


 


 


 


—


 


 


 


 


1,73




Trinidad & Tobago


22,30


(0,12)


22,18


 


 


 


—


 


 


 


 


22,18




* Total Caribbean


24,25


29,95


54,20


7,30


8,15


—


15,44


—


—


—


—


69,65




Cook Islands


 


0,18


0,18


 


0,60


 


0,60


 


 


 


 


0,77




East Timor


 


1,39


1,39


 


 


 


—


 


 


 


 


1,39




Fiji


 


0,45


0,45


 


0,90


 


0,90


 


 


 


 


1,35




Kiribati


 


 


—


 


0,96


 


0,96


 


 


(0,07)


 


0,89




Marshall Islands


 


0,08


0,08


 


 


 


—


 


 


 


 


0,08




Micronesia


 


0,09


0,09


 


 


 


—


 


 


 


 


0,09




Nauru


 


0,05


0,05


 


 


 


—


 


 


 


 


0,05




Niue


 


0,03


0,03


 


 


 


—


 


 


 


 


0,03




Palau


 


0,06


0,06


 


 


 


—


 


 


 


 


0,06




Papua New Guinea


 


6,06


6,06


2,58


 


 


2,58


 


 


 


 


8,64




Solomon Islands


 


0,08


0,08


1,68


 


 


1,68


 


 


 


 


1,76




Tonga


 


0,50


0,50


 


 


 


—


 


 


 


 


0,50




Tuvalu


 


(0,10)


(0,10)


 


 


 


—


 


 


 


 


(0,10)




Vanuatu


0,12


0,22


0,34


 


 


 


—


 


 


 


 


0,34




Western Samoa


 


1,89


1,89


0,09


 


 


0,09


 


 


 


 


1,97




* Total Pacific


0,12


10,97


11,09


4,34


2,46


 


6,80


 


 


(0,07)


 


17,82




Caribbean Region


 


 


8,49


 


 


 


4,39


 


 


 


 


12,88




Central Africa Region


 


 


3,62


 


 


 


4,35


 


 


 


 


7,97




Eastern, Southern Africa and the Indian Ocean


 


 


22,28


 


 


 


7,65


 


 


 


 


29,94




Multiregional PALOP


 


 


2,68


 


 


 


 


 


 


 


 


2,68




Pacific Region


 


 


1,88


 


 


 


 


 


 


 


 


1,88




Regional cooperation ACP


 


 


179,49


 


 


 


3,63


 


 


(0,27)


 


182,85




Southern Africa Region


 


 


12,00


 


 


 


3,34


 


 


 


 


15,34




West Africa Region


 


 


21,18


 


 


 


3,65


 


 


 


 


24,83




* Total regional cooperation ACP


—


—


251,63


—


—


—


27,02


—


—


(0,27)


—


278,38




Administrative and financial expenditure


 


 


 


 


 


 


 


2,56


 


 


 


2,56




All ACP countries


 


 


0,50


 


 


 


 


 


 


 


 


0,50




* Total ACP


49,88


471,75


773,76


14,11


60,03


—


101,16


2,56


—


(0,61)


—


876,87




Anguilla


 


 


—


 


 


 


—


 


 


 


 


—




British Virgin Islands


 


0,11


0,11


 


 


 


—


 


 


 


 


0,11




Cayman Islands


 


 


—


 


(1,66)


 


(1,66)


 


 


 


 


(1,66)




Falkland Islands


 


 


 


 


 


 


—


 


 


 


 


—




Montserrat


 


1,60


1,60


 


 


 


—


 


 


 


 


1,60




Pitcairn Islands


 


 


—


 


 


 


—


 


 


 


 


—




Saint Helena


 


3,30


3,30


 


 


 


—


 


 


 


 


3,30




Turks & Caicos Islands


0,53


 


0,53


 


 


 


—


 


 


 


 


0,53




* Total British OCT


0,53


5,01


5,55


 


(1,66)


 


(1,66)


 


 


 


 


3,89




Aruba


 


0,18


0,18


 


 


 


 


 


 


 


 


0,18




Netherlands Antilles


 


0,01


0,01


 


 


 


 


 


 


 


 


0,01




* Total Dutch OCT


 


0,19


0,19


 


 


 


 


 


 


 


 


0,19




French Polynesia


 


0,07


0,07


 


 


 


 


 


 


 


 


0,07




Mayotte


 


4,15


4,15


 


 


 


 


 


 


 


 


4,15




New Caledonia


 


2,39


2,39


 


 


 


 


 


 


 


 


2,39




Saint Pierre & Miquelon


 


3,13


3,13


 


 


 


 


 


 


 


 


3,13




Wallis & Futuna


 


5,41


5,41


 


 


 


 


 


 


 


 


5,41




* Total French OCT


 


15,15


15,15


 


 


 


 


 


 


 


 


15,15




Regional cooperation OCT


 


 


9,60


 


 


 


 


 


 


 


 


9,60




* Total regional cooperation OCT


 


 


9,60


 


 


 


 


 


 


 


 


9,60




Administrative and financial expenditure


 


 


 


 


 


 


 


 


 


 


 


 




All OCT countries


 


 


 


 


 


 


 


 


 


 


 


 




* Total OCT


0,53


20,35


30,48


—


(1,66)


—


(1,66)


—


—


—


—


28,82




* Total ACP + OCT


50,41


492,10


804,24


14,11


58,37


—


99,50


2,56


—


(0,61)


—


905,69








Table 3.3.1.


Overall situation by instrument and country


















(EUR million)




10th EDF
cumulative 2011


Cotonou


Total




NIP


A Envelope


B Envelope




Decisions


as % of NIP


Payments


as % of NIP


Decisions


as % of NIP


Payments


as % of NIP


Decisions


Assigned funds


Payments




Angola


207,00


81,50


39 %


8,65


4 %


 


0 %


 


 


81,50


24,60


8,65




Benin


334,00


251,50


75 %


91,04


27 %


46,37


14 %


43,93


13 %


307,53


224,23


135,31




Botswana


73,00


73,00


100 %


27,17


37 %


10,50


14 %


10,50


14 %


83,50


73,78


37,67




Burkina Faso


529,00


497,73


94 %


208,76


39 %


41,84


8 %


10,99


2 %


539,57


423,59


219,75




Burundi


188,00


143,88


77 %


61,99


33 %


46,61


25 %


41,73


22 %


191,40


122,30


103,72




Cameroon


241,28


229,20


95 %


47,83


20 %


10,40


4 %


0,98


0 %


239,60


150,58


48,82




Cape Verde


49,90


29,60


59 %


25,59


51 %


9,00


18 %


9,00


18 %


38,60


36,94


34,59




Central African Republic


137,00


118,85


87 %


18,44


13 %


28,01


20 %


27,45


20 %


146,86


59,50


45,89




Chad


299,00


242,00


81 %


32,69


11 %


10,00


3 %


6,08


2 %


252,00


85,22


38,78




Comoros


45,00


29,92


66 %


2,37


5 %


9,60


21 %


7,27


16 %


39,51


17,06


9,64




Congo (Brazzaville)


85,00


40,50


48 %


4,58


5 %


6,25


7 %


5,54


7 %


46,75


17,12


10,12




Democratic Republic of Congo


514,00


510,00


99 %


108,12


21 %


110,32


21 %


82,50


16 %


620,32


290,51


190,62




Djibouti


40,50


16,50


41 %


3,61


9 %


2,14


5 %


1,20


3 %


18,64


5,58


4,81




Eritrea


122,00


53,70


44 %


2,08


2 %


4,86


4 %


4,86


4 %


58,56


11,64


6,94




Ethiopia


644,00


468,64


73 %


222,37


35 %


45,23


7 %


39,82


6 %


513,87


358,23


262,19




Gabon


49,00


34,00


69 %


0,89


2 %


 


 


 


 


34,00


1,30


0,89




Gambia


76,00


48,00


63 %


15,94


21 %


2,64


3 %


2,11


3 %


50,64


31,62


18,06




Ghana


368,35


308,35


84 %


97,88


27 %


41,02


11 %


41,02


11 %


349,37


319,60


138,90




Guinea Bissau


97,00


35,00


36 %


10,89


11 %


14,95


15 %


14,95


15 %


49,95


39,08


25,84




Guinea (Conakry)


 


 


 


 


 


35,88


 


6,70


 


35,88


11,97


6,70




Ivory Coast


218,00


216,62


99 %


37,59


17 %


32,84


15 %


12,26


6 %


249,45


70,04


49,84




Kenya


389,89


236,39


61 %


12,72


3 %


30,55


8 %


14,73


4 %


266,94


58,96


27,45




Lesotho


139,30


131,65


95 %


29,90


21 %


21,00


15 %


21,00


15 %


156,01


53,19


50,90




Liberia


150,00


118,24


79 %


56,94


38 %


26,93


18 %


23,98


16 %


145,17


131,39


80,91




Madagascar


577,00


6,00


1 %


0,02


0 %


8,20


1 %


3,96


1 %


14,20


7,39


3,98




Malawi


436,00


281,25


65 %


98,83


23 %


54,39


12 %


54,19


12 %


335,64


245,94


153,02




Mali


533,00


448,80


84 %


141,45


27 %


18,42


3 %


14,38


3 %


467,22


386,40


155,83




Mauritania


156,00


78,40


50 %


0,51


0 %


2,73


2 %


1,49


1 %


81,13


4,41


2,01




Mauritius


54,00


51,00


94 %


34,62


64 %


11,49


21 %


11,49


21 %


62,49


47,65


46,11




Mozambique


603,00


497,17


82 %


204,08


34 %


12,11


2 %


12,11


2 %


521,28


480,66


216,19




Namibia


123,60


76,30


62 %


12,12


10 %


 


 


 


 


76,30


66,05


12,12




Niger


458,00


325,00


71 %


56,36


12 %


33,80


7 %


32,49


7 %


358,80


234,44


88,86




Nigeria


677,00


570,00


84 %


17,71


3 %


2,00


0 %


1,60


0 %


572,00


30,20


19,31




Rwanda


348,00


275,40


79 %


136,36


39 %


9,44


3 %


9,44


3 %


284,84


264,18


145,80




Sao Tome & Principe


16,60


16,60


100 %


2,24


13 %


1,00


6 %


0,59


4 %


17,60


3,97


2,83




Senegal


314,31


243,80


78 %


108,13


34 %


18,03


6 %


2,32


1 %


261,83


196,98


110,45




Seychelles


11,40


8,40


74 %


5,32


47 %


9,00


79 %


8,47


74 %


17,40


16,90


13,79




Sierra Leone


242,00


150,67


62 %


56,28


23 %


35,02


14 %


33,70


14 %


185,69


116,63


89,98




Somalia


212,00


212,00


100 %


64,57


30 %


 


 


 


 


212,00


111,75


64,57




Sudan


—


—


0 %


 


 


 


 


 


 


—


 


 




Swaziland


63,00


54,80


87 %


10,05


16 %


0,89


1 %


0,17


0 %


55,69


18,78


10,22




Tanzania


555,00


440,50


79 %


192,37


35 %


21,66


4 %


14,84


3 %


462,16


408,98


207,21




Togo


127,54


56,13


44 %


34,94


27 %


16,92


13 %


14,81


12 %


73,05


54,74


49,76




Uganda


440,87


381,00


86 %


129,55


29 %


5,48


1 %


5,10


1 %


386,48


341,40


134,65




Zambia


475,00


410,90


87 %


126,83


27 %


37,33


8 %


35,82


8 %


448,23


385,03


162,66




Zimbabwe


 


 


 


 


 


58,26


 


29,82


 


58,26


42,48


29,82




* Total Africa


11 419,53


8 498,88


74 %


2 560,41


22 %


943,09


8 %


715,41


6 %


9 467,90


6 083,00


3 276,16




Antigua & Barbuda


3,40


3,40


100 %


2,49


73 %


9,00


265 %


9,00


265 %


12,40


12,27


11,49




Bahamas


 


 


 


 


 


 


 


 


 


 


 


 




Barbados


9,80


1,46


15 %


0,45


5 %


 


 


 


 


1,46


0,93


0,45




Belize


11,80


11,80


100 %


0,78


7 %


 


 


 


 


11,80


3,28


0,78




Dominica


7,37


0,57


8 %


0,37


5 %


5,27


72 %


5,27


72 %


5,84


5,82


5,64




Dominican Republic


179,00


117,90


66 %


44,29


25 %


15,33


9 %


15,33


9 %


133,23


114,68


59,62




Grenada


6,00


1,00


17 %


0,73


12 %


8,79


147 %


8,79


147 %


9,79


9,73


9,52




Guyana


51,00


5,00


10 %


0,24


0 %


 


 


 


 


5,00


2,34


0,24




Haiti


291,00


263,83


91 %


81,27


28 %


132,18


45 %


48,64


17 %


434,51


168,04


129,92




Jamaica


110,60


89,50


81 %


48,20


44 %


25,90


23 %


18,90


17 %


115,40


92,82


67,10




Saint Kitts & Nevis


4,50


4,50


100 %


0,33


7 %


1,80


40 %


 


 


6,30


0,41


0,33




Saint Lucia


17,07


10,19


60 %


0,78


5 %


1,03


 


0,82


5 %


11,22


1,89


1,60




Saint Vincent & the Grenadines


7,80


7,80


100 %


0,08


1 %


0,45


6 %


 


 


8,25


0,69


0,08




Suriname


19,80


19,80


100 %


3,37


17 %


 


0 %


 


 


19,80


18,43


3,37




Trinidad & Tobago


25,50


18,34


72 %


3,93


15 %


 


0 %


 


 


18,34


15,60


3,93




* Total Caribbean


744,64


555,09


75 %


187,30


25 %


199,75


27 %


106,75


14 %


793,34


446,94


294,07




Cook Islands


3,00


1,05


35 %


0,26


9 %


0,32


11 %


0,19


6 %


1,37


1,05


0,44




East Timor


78,50


54,00


69 %


6,85


9 %


 


0 %


 


 


54,00


34,23


6,85




Fiji


 


 


 


 


 


 


 


 


 


 


 


 




Kiribati


12,70


8,41


66 %


2,06


16 %


1,00


8 %


 


 


9,41


5,43


2,06




Marshall Islands


5,30


5,00


94 %


0,77


15 %


0,50


 


 


 


5,50


4,44


0,77




Micronesia


8,30


8,10


98 %


1,55


19 %


 


 


 


 


8,10


7,55


1,55




Nauru


2,70


2,50


93 %


0,22


8 %


 


 


 


 


2,50


0,43


0,22




Niue


3,00


2,55


85 %


1,24


41 %


 


 


 


 


2,55


2,14


1,24




Palau


2,90


2,72


94 %


0,43


15 %


 


 


 


 


2,72


2,50


0,43




Papua New Guinea


130,00


27,68


21 %


2,55


2 %


0,65


1 %


0,58


0 %


28,33


5,35


3,14




Solomon Islands


13,20


9,96


75 %


2,36


18 %


17,68


134 %


15,01


114 %


27,63


19,72


17,36




Tonga


5,90


0,90


15 %


0,23


4 %


5,71


97 %


5,65


96 %


6,61


6,08


5,87




Tuvalu


5,00


5,00


100 %


1,98


40 %


1,50


30 %


1,50


30 %


6,50


4,76


3,48




Vanuatu


21,60


8,78


41 %


1,42


7 %


1,40


6 %


 


 


10,18


2,89


1,42




Western Samoa


30,00


19,25


64 %


8,85


30 %


9,50


32 %


9,50


32 %


28,75


26,28


18,35




* Total Pacific


322,10


155,90


48 %


30,77


10 %


38,26


12 %


32,42


10 %


194,15


122,85


63,20




Caribbean Region


165,00


130,84


79 %


8,91


5 %


 


 


 


 


130,84


29,02


8,91




Central Africa Region


165,00


129,72


79 %


6,64


4 %


 


 


 


 


129,72


24,82


6,64




Eastern, Southern Africa and the Indian Ocean


645,00


198,09


31 %


56,91


9 %


 


 


 


 


198,09


118,64


56,91




Intra ACP Allocations


2 700,00


2 150,22


80 %


850,35


31 %


 


 


 


 


2 162,38


1 449,63


852,73




Multiregional PALOP


33,10


7,10


21 %


4,31


13 %


 


 


 


 


7,10


6,66


4,31




Pacific Region


95,00


53,90


57 %


13,27


14 %


 


 


 


 


53,90


50,72


13,27




Southern Africa Region


116,00


28,00


24 %


0,84


1 %


 


 


 


 


28,00


4,12


0,84




West Africa Region


597,00


31,30


5 %


0,71


0 %


 


 


 


 


31,30


10,82


0,71




* Total regional cooperation ACP


4 516,10


2 729,17


60 %


941,94


78 %


—


—


—


—


2 741,33


1 694,43


944,32




Administrative and financial expenditure


 


 


 


 


 


 


 


 


 


459,99


294,39


272,69




* Total ACP


17 002,38


11 939,04


70 %


3 720,42


22 %


1 181,10


7 %


854,58


5 %


13 656,72


8 641,61


4 850,44




Mayotte


 


 


 


 


 


 


 


 


 


 


 


 




New Caledonia


19,81


19,81


100 %


 


 


 


 


 


 


19,81


 


 




French Polynesia


 


 


 


 


 


2,00


 


 


 


2,00


 


 




Saint Pierre & Miquelon


20,74


20,74


100 %


 


 


 


 


 


 


20,74


 


 




French Southern Territories


 


 


 


 


 


 


 


 


 


 


 


 




Wallis & Futuna


 


 


 


 


 


1,08


 


 


 


1,08


 


 




* Total French OCT


40,55


40,55


100 %


 


 


3,08


8 %


 


 


43,63


 


 




Aruba


8,80


8,80


100 %


 


 


 


 


 


 


8,80


 


 




Netherlands Antilles


 


 


 


 


 


 


 


 


 


 


 


 




* Total Dutch OCT


8,80


8,80


100 %


 


 


 


 


 


 


8,80


 


 




Anguilla


 


 


 


 


 


 


 


 


 


 


 


 




British Antarctica


 


 


 


 


 


 


 


 


 


 


 


 




British Indian Ocean Territories


 


 


 


 


 


 


 


 


 


 


 


 




Cayman Islands


 


 


 


 


 


 


 


 


 


 


 


 




Falkland Islands


 


 


 


 


 


 


 


 


 


 


 


 




Montserrat


 


 


 


 


 


 


 


 


 


 


 


 




Pitcairn Isslands


 


 


 


 


 


 


 


 


 


 


 


 




Saint Helena


16,63


16,63


100 %


 


 


 


 


 


 


16,63


 


 




Turks & Caicos Islands


 


 


 


 


 


4,30


 


 


 


4,30


4,17


 




British Virgin Islands


 


 


 


 


 


 


 


 


 


 


 


 




* Total British OCTs


16,63


16,63


100 %


 


 


4,30


26 %


 


 


20,93


4,17


 




OCT regional cooperation, FR


 


 


 


 


 


 


 


 


 


 


 


 




OCT regional cooperation, NL


 


 


 


 


 


 


 


 


 


 


 


 




OCT regional cooperation, UK


 


 


 


 


 


 


 


 


 


 


 


 




* Total regional cooperation OCT


 


 


 


 


 


 


 


 


 


 


 


 




All OCT countries


 


 


 


 


 


 


 


 


 


4,00


2,14


1,39




* Total OCT


65,98


65,98


100 %


—


—


7,38


11 %


—


—


77,36


6,31


1,39




* Total ACP + OCT


17 068,36


12 005,02


70 %


3 720,42


22 %


1 188,47


18 %


854,58


5 %


13 734,07


8 647,92


4 851,83








Table 3.3.2.


Overall situation by instrument and country


















(EUR million)




10th EDF
annual 2011


Cotonou


Total




NIP


A Envelope


B Envelope




Decisions


as % of NIP


Payments


as % of NIP


Decisions


as % of NIP


Payments


as % of NIP


Decisions


Assigned funds


Payments




Angola


207,00


25,00


12 %


6,36


3 %


 


 


 


 


25,00


3,22


6,36




Benin


334,00


63,00


19 %


30,84


9 %


—


 


3,01


1 %


63,00


21,35


34,10




Botswana


73,00


8,00


11 %


12,51


17 %


 


 


 


 


8,00


0,53


12,51




Burkina Faso


529,00


23,50


4 %


64,34


12 %


3,00


1 %


2,55


0 %


26,50


6,21


66,88




Burundi


188,00


62,88


33 %


23,55


13 %


1,00


1 %


2,78


1 %


64,79


12,72


26,33




Cameroon


241,28


4,50


2 %


31,50


13 %


0,90


0 %


0,98


0 %


5,40


58,96


32,48




Cape Verde


49,90


—


 


8,65


17 %


 


 


 


 


—


1,62


8,65




Central African Republic


137,00


12,70


9 %


1,10


1 %


—


 


1,14


1 %


12,70


11,91


2,24




Chad


299,00


87,00


29 %


21,70


7 %


—


 


1,29


0 %


87,00


51,14


22,99




Comoros


45,00


2,10


5 %


0,72


2 %


 


 


 


 


2,10


5,33


0,72




Congo (Brazzaville)


85,00


20,20


24 %


3,03


4 %


—


 


1,17


1 %


20,20


2,38


4,21




Democratic Republic of Congo


514,00


179,70


35 %


72,09


14 %


9,98


2 %


22,81


4 %


189,68


150,01


94,90




Djibouti


40,50


12,00


30 %


2,33


6 %


0,60


1 %


1,20


3 %


12,60


2,54


3,53




Eritrea


122,00


—


 


1,49


1 %


 


 


0,10


0 %


—


4,27


1,58




Ethiopia


644,00


63,00


10 %


64,74


10 %


15,00


2 %


29,82


5 %


78,00


29,25


94,56




Gabon


49,00


12,00


24 %


0,81


2 %


 


 


 


 


12,00


1,04


0,81




Gambia


76,00


15,00


20 %


14,72


19 %


 


 


 


 


15,00


25,06


14,72




Ghana


368,35


14,35


4 %


48,08


13 %


 


 


 


 


14,35


96,57


48,08




Guinea Bissau


97,00


—


 


1,35


1 %


 


 


 


 


—


2,69


1,35




Guinea (Conakry)


 


 


 


 


 


20,60


 


1,48


 


20,60


4,68


1,48




Ivory Coast


218,00


125,00


57 %


7,86


4 %


(0,73)


0 %


12,26


6 %


124,27


10,75


20,12




Kenya


389,89


23,34


6 %


8,94


2 %


12,20


3 %


3,51


1 %


35,54


30,15


12,45




Lesotho


139,30


57,65


41 %


15,21


11 %


 


 


 


 


61,01


5,46


15,21




Liberia


150,00


1,89


1 %


14,50


10 %


—


 


15,17


10 %


1,89


20,41


29,67




Madagascar


577,00


6,00


1 %


0,02


0 %


—


 


1,55


0 %


6,00


2,46


1,56




Malawi


436,00


(6,75)


-2 %


19,08


4 %


 


 


0,10


0 %


(6,75)


44,08


19,18




Mali


533,00


11,50


2 %


72,48


14 %


3,37


1 %


4,70


1 %


14,87


41,92


77,18




Mauritania


156,00


66,00


42 %


0,51


0 %


 


 


0,43


0 %


66,00


1,81


0,94




Mauritius


54,00


11,50


21 %


17,01


31 %


 


 


0,59


1 %


11,50


2,62


17,60




Mozambique


603,00


32,00


5 %


64,81


11 %


 


 


 


 


32,00


24,23


64,81




Namibia


123,60


3,50


3 %


10,08


8 %


 


 


 


 


3,50


60,03


10,08




Niger


458,00


102,00


22 %


19,05


4 %


(0,00)


0 %


11,66


3 %


102,00


155,78


30,72




Nigeria


677,00


478,00


71 %


17,56


3 %


 


 


 


 


478,00


27,67


17,56




Rwanda


348,00


(8,75)


-3 %


47,70


14 %


 


 


1,00


0 %


(8,75)


164,70


48,70




Sao Tome & Principe


16,60


—


 


1,33


8 %


0,50


3 %


0,15


1 %


0,50


1,38


1,48




Senegal


314,31


31,00


10 %


63,97


20 %


—


 


2,04


1 %


31,00


46,18


66,01




Seychelles


11,40


—


 


2,85


25 %


—


 


0,47


4 %


—


0,72


3,32




Sierra Leone


242,00


16,50


7 %


17,74


7 %


—


 


5,28


2 %


16,50


22,46


23,02




Somalia


212,00


95,00


45 %


25,79


12 %


 


 


 


 


95,00


19,40


25,79




Sudan


 


 


0 %


 


 


 


 


 


 


—


 


 




Swaziland


63,00


26,50


42 %


8,05


13 %


—


 


0,12


0 %


26,50


15,43


8,17




Tanzania


555,00


35,00


6 %


69,88


13 %


6,82


1 %


 


 


41,82


9,36


69,88




Togo


127,54


16,00


13 %


9,68


8 %


1,80


1 %


2,81


2 %


17,80


12,63


12,50




Uganda


440,87


—


 


72,26


16 %


 


 


0,50


0 %


—


34,96


72,75




Zambia


475,00


4,00


1 %


45,35


10 %


 


 


0,06


0 %


4,00


71,91


45,41




Zimbabwe


 


 


 


 


 


34,00


 


18,01


 


34,00


20,78


18,01




* Total Africa


11 419,53


1 731,80


15 %


1 041,61


9 %


109,03


1 %


148,75


1 %


1 845,11


1 338,75


1 190,61




Antigua & Barbuda


3,40


 


 


2,40


71 %


 


 


 


 


 


3,10


2,40




Bahamas


 


 


 


 


 


 


 


 


 


 


 


 




Barbados


9,80


—


 


0,03


0 %


 


 


 


 


—


0,23


0,03




Belize


11,80


—


 


0,72


6 %


 


 


 


 


—


0,39


0,72




Dominica


7,37


 


 


0,04


0 %


 


 


 


 


 


—


0,04




Dominican Republic


179,00


16,70


9 %


15,79


9 %


 


 


 


 


16,70


33,30


15,79




Grenada


6,00


—


 


0,25


4 %


 


 


 


 


—


0,22


0,25




Guyana


51,00


—


 


0,12


0 %


 


 


 


 


—


0,60


0,12




Haiti


291,00


7,33


3 %


45,54


16 %


60,00


21 %


11,06


4 %


67,33


69,43


56,61




Jamaica


110,60


14,75


13 %


1,82


2 %


7,00


6 %


 


 


21,75


1,66


1,82




Saint Kitts & Nevis


4,50


—


 


0,05


1 %


 


 


 


 


—


0,06


0,05




Saint Lucia


17,07


8,97


53 %


0,30


2 %


1,03


6 %


0,82


5 %


10,00


1,08


1,12




Saint Vincent & the Grenadines


7,80


0,78


10 %


0,00


0 %


 


 


 


 


0,78


0,59


0,00




Suriname


19,80


—


 


1,69


9 %


 


 


 


 


—


0,63


1,69




Trinidad & Tobago


25,50


1,00


4 %


3,73


15 %


 


 


 


 


1,00


15,26


3,73




* Total Caribbean


744,64


49,53


7 %


72,46


10 %


68,03


9 %


11,88


2 %


117,56


126,54


84,36




Cook Islands


3,00


0,60


20 %


0,11


4 %


 


 


0,19


6 %


0,60


0,80


0,30




Fiji


 


 


 


 


 


 


 


 


 


 


 


 




East Timor


78,50


10,00


13 %


5,76


7 %


 


 


 


 


10,00


31,13


5,76




Kiribati


12,70


—


 


1,62


13 %


 


 


 


 


—


3,67


1,62




Marshall Islands


5,30


—


 


 


 


0,50


9 %


 


 


0,50


0,07


 




Micronesia


8,30


—


 


0,26


3 %


 


 


 


 


—


0,31


0,26




Nauru


2,70


—


 


0,03


1 %


 


 


 


 


—


0,05


0,03




Niue


3,00


—


 


0,65


22 %


 


 


 


 


—


0,39


0,65




Palau


2,90


—


 


 


 


 


 


 


 


—


0,09


 




Papua New Guinea


130,00


0,51


0 %


0,99


1 %


—


 


0,05


0 %


0,51


0,53


1,05




Solomon Islands


13,20


—


 


0,85


6 %


2,48


19 %


0,01


0 %


2,48


(0,68)


0,85




Tonga


5,90


—


 


0,23


4 %


—


 


5,50


93 %


—


5,69


5,73




Tuvalu


5,00


—


 


1,66


33 %


—


 


1,50


30 %


—


4,34


3,16




Vanuatu


21,60


1,88


9 %


0,62


3 %


 


 


 


 


1,88


1,30


0,62




Western Samoa


30,00


—


 


4,12


14 %


2,59


9 %


9,50


32 %


2,59


9,40


13,62




* Total Pacific


322,10


12,99


4 %


16,90


5 %


5,56


2 %


16,75


5 %


18,55


57,09


33,65




Caribbean Region


165,00


99,54


60 %


8,75


5 %


 


 


 


 


99,54


28,67


8,75




Central Africa Region


165,00


70,00


42 %


6,53


4 %


 


 


 


 


70,00


23,48


6,53




Eastern, Southern Africa and the Indian Ocean


645,00


18,30


3 %


51,08


8 %


 


 


 


 


18,30


56,23


51,08




Intra ACP Allocations


2 700,00


590,57


22 %


396,14


15 %


 


 


 


 


602,08


743,58


397,89




Multiregional PALOP


33,10


—


 


3,05


9 %


 


 


 


 


—


0,42


3,05




Pacific Region


95,00


—


 


11,36


12 %


 


 


 


 


—


29,95


11,36




Southern Africa Region


116,00


23,00


20 %


0,84


1 %


 


 


 


 


23,00


4,12


0,84




West Africa Region


597,00


7,00


1 %


0,54


0 %


 


 


 


 


7,00


9,55


0,54




* Total regional cooperation ACP


4 516,10


808,40


18 %


478,28


11 %


 


 


 


 


819,91


895,99


480,04




Administrative and financial expenditure


 


 


 


 


 


 


 


 


 


245,34


90,78


89,71




* Total ACP


17 002,38


2 602,73


15 %


1 609,26


9 %


182,62


1 %


177,38


1 %


3 046,47


2 509,15


1 878,37




Mayotte


 


 


 


 


 


 


 


 


 


 


 


 




New Caledonia


19,81


19,81


100 %


 


 


 


 


 


 


19,81


 


 




French Polynesia


 


 


 


 


 


2,00


 


 


 


2,00


 


 




Saint Pierre & Miquelon


20,74


20,74


100 %


 


 


 


 


 


 


20,74


 


 




French Southern Territories


 


 


 


 


 


 


 


 


 


 


 


 




Wallis & Futuna


 


 


 


 


 


1,08


 


 


 


1,08


 


 




* Total French OCT


40,55


40,55


100 %


 


 


3,08


8 %


 


 


43,63


 


 




Aruba


8,80


8,80


100 %


 


 


 


 


 


 


8,80


 


 




Netherlands Antilles


 


 


 


 


 


 


 


 


 


 


 


 




* Total Dutch OCT


8,80


8,80


100 %


 


 


 


 


 


 


8,80


 


 




Anguilla


 


 


 


 


 


 


 


 


 


 


 


 




British Antarctica


 


 


 


 


 


 


 


 


 


 


 


 




British Indian Ocean Territories


 


 


 


 


 


 


 


 


 


 


 


 




Cayman Islands


 


 


 


 


 


 


 


 


 


 


 


 




Falkland Islands


 


 


 


 


 


 


 


 


 


 


 


 




Montserrat


 


 


 


 


 


 


 


 


 


 


 


 




Pitcairn Isslands


 


 


 


 


 


 


 


 


 


 


 


 




Saint Helena


16,63


16,63


100 %


 


 


 


 


 


 


16,63


 


 




Turks & Caicos Islands


 


 


 


 


 


 


 


 


 


 


4,17


 




British Virgin Islands


 


 


 


 


 


 


 


 


 


 


 


 




* Total British OCT


16,63


16,63


100 %


 


 


 


 


 


 


16,63


4,17


 




OCT regional cooperation, FR


 


 


 


 


 


 


 


 


 


 


 


 




OCT regional cooperation, NL


 


 


 


 


 


 


 


 


 


 


 


 




OCT regional cooperation, UK


 


 


 


 


 


 


 


 


 


 


 


 




* Total regional cooperation OCT


 


 


 


 


 


 


 


 


 


 


 


 




All OCT countries


 


 


 


 


 


 


 


 


 


2,00


0,44


0,71




* Total OCT


65,98


65,98


 


 


 


3,08


 


 


 


71,06


4,61


0,71




* Total ACP + OCT


17 068,36


2 668,71


16 %


1 609,26


9 %


185,69


1 %


177,38


1 %


3 117,53


2 513,75


1 879,08








Table 3.3.3.


Situation by instrument and country















(EUR million)




10th EDF
Decisions cumulative 2011


Cotonou


Cofinancing


Total State




A Envelope


B Envelope


Total B Envelope


Implementation costs




Compensation export earnings


Emergency aid


Heavily indebted poor countries


Other chocs with budgetary impact




Angola


81,50


 


 


 


 


—


 


 


81,50




Benin


251,50


 


1,55


 


44,82


46,37


 


9,66


307,53




Botswana


73,00


 


 


 


10,50


10,50


 


 


83,50




Burkina Faso


497,73


9,42


18,42


 


14,00


41,84


 


 


539,57




Burundi


143,88


0,85


10,79


 


34,97


46,61


 


0,92


191,40




Cameroon


229,20


 


10,40


 


 


10,40


 


 


239,60




Cape Verde


29,60


 


 


 


9,00


9,00


 


 


38,60




Central African Republic


118,85


 


2,80


 


25,21


28,01


 


 


146,86




Chad


242,00


 


10,00


 


 


10,00


 


 


252,00




Comoros


29,92


 


 


2,33


7,27


9,60


 


 


39,51




Congo (Brazzaville)


40,50


 


6,25


 


 


6,25


 


 


46,75




Democratic Republic of Congo


510,00


 


34,55


 


75,78


110,32


 


 


620,32




Djibouti


16,50


 


2,14


 


 


2,14


 


 


18,64




Eritrea


53,70


 


4,86


 


 


4,86


 


 


58,56




Ethiopia


468,64


 


45,23


 


 


45,23


 


 


513,87




Gabon


34,00


 


 


 


 


—


 


 


34,00




Gambia


48,00


 


2,64


 


 


2,64


 


 


50,64




Ghana


308,35


 


 


 


41,02


41,02


 


 


349,37




Guinea Bissau


35,00


 


3,77


 


11,18


14,95


 


 


49,95




Guinea (Conakry)


 


 


35,88


 


 


35,88


 


 


35,88




Ivory Coast


216,62


20,70


 


12,14


 


32,84


 


 


249,45




Kenya


236,39


 


30,55


 


 


30,55


 


 


266,94




Lesotho


131,65


 


 


 


21,00


21,00


 


3,36


156,01




Liberia


118,24


 


7,09


7,34


12,50


26,93


 


 


145,17




Madagascar


6,00


 


8,20


 


 


8,20


 


 


14,20




Malawi


281,25


 


10,39


 


44,00


54,39


 


 


335,64




Mali


448,80


3,37


7,35


 


7,70


18,42


 


 


467,22




Mauritania


78,40


 


2,73


 


 


2,73


 


 


81,13




Mauritius


51,00


0,59


 


 


10,90


11,49


 


 


62,49




Mozambique


497,17


 


 


12,11


 


12,11


 


12,00


521,28




Namibia


76,30


 


 


 


 


—


 


 


76,30




Niger


325,00


 


33,80


 


 


33,80


 


 


358,80




Nigeria


570,00


 


2,00


 


 


2,00


 


 


572,00




Rwanda


275,40


 


9,44


 


 


9,44


 


 


284,84




Sao Tome & Principe


16,60


 


1,00


 


 


1,00


 


 


17,60




Senegal


243,80


 


6,23


 


11,80


18,03


 


 


261,83




Seychelles


8,40


 


 


 


9,00


9,00


 


 


17,40




Sierra Leone


150,67


 


13,02


 


22,00


35,02


 


 


185,69




Somalia


212,00


 


 


 


 


—


 


 


212,00




Sudan


—


 


 


 


 


—


 


 


—




Swaziland


54,80


0,89


 


 


 


0,89


 


 


55,69




Tanzania


440,50


 


6,82


14,84


 


21,66


 


 


462,16




Togo


56,13


 


1,80


 


15,12


16,92


 


 


73,05




Uganda


381,00


 


5,48


 


 


5,48


 


 


386,48




Zambia


410,90


 


7,33


 


30,00


37,33


 


 


448,23




Zimbabwe


 


 


7,26


 


51,00


58,26


 


 


58,26




*Total Africa


8 498,88


35,82


349,75


48,75


508,77


943,09


—


25,93


9 467,90




Antigua & Barbuda


3,40


9,00


 


 


 


9,00


 


 


12,40




Bahamas


 


 


 


 


 


—


 


 


—




Barbados


1,46


 


 


 


 


—


 


 


1,46




Belize


11,80


 


 


 


 


—


 


 


11,80




Dominica


0,57


5,27


 


 


 


5,27


 


 


5,84




Dominican Republic


117,90


15,33


 


 


 


15,33


 


 


133,23




Grenada


1,00


 


 


 


8,79


8,79


 


 


9,79




Guyana


5,00


 


 


 


 


—


 


 


5,00




Haiti


263,83


 


76,18


 


56,00


132,18


 


38,50


434,51




Jamaica


89,50


 


25,90


 


 


25,90


 


 


115,40




Saint Kitts & Nevis


4,50


1,80


 


 


 


1,80


 


 


6,30




Saint Lucia


10,19


 


1,03


 


 


1,03


 


 


11,22




Saint Vincent & the Grenadines


7,80


0,45


 


 


 


0,45


 


 


8,25




Suriname


19,80


 


 


 


 


—


 


 


19,80




Trinidad & Tobago


18,34


 


 


 


 


—


 


 


18,34




* Total Caribbean


555,09


31,85


103,11


—


64,79


199,75


—


38,50


793,34




Cook Islands


1,05


 


0,03


 


0,30


0,32


 


 


1,37




East Timor


54,00


 


 


 


 


—


 


 


54,00




Kiribati


8,41


 


1,00


 


 


1,00


 


 


9,41




Marshall Islands


5,00


 


 


 


0,50


0,50


 


 


5,50




Micronesia


8,10


 


 


 


 


—


 


 


8,10




Nauru


2,50


 


 


 


 


—


 


 


2,50




Niue


2,55


 


 


 


 


—


 


 


2,55




Palau


2,72


 


 


 


 


—


 


 


2,72




Papua New Guinea


27,68


 


0,65


 


 


0,65


 


 


28,33




Solomon Islands


9,96


 


 


 


17,68


17,68


 


 


27,63




Tonga


0,90


 


5,71


 


 


5,71


 


 


6,61




Tuvalu


5,00


 


1,50


 


 


1,50


 


 


6,50




Vanuatu


8,78


 


1,40


 


 


1,40


 


 


10,18




Western Samoa


19,25


 


4,00


 


5,50


9,50


 


 


28,75




* Total Pacific


155,90


—


14,29


—


23,97


38,26


—


—


194,15




Caribbean Region


130,84


 


 


 


 


 


 


 


130,84




Central Africa Region


129,72


 


 


 


 


 


 


 


129,72




Eastern, Southern Africa and the Indian Ocean


198,09


 


 


 


 


 


 


 


198,09




Intra ACP Allocations


2 150,22


 


 


 


 


 


 


12,15


2 162,38




Multiregional PALOP


7,10


 


 


 


 


 


 


 


7,10




Pacific Region


53,90


 


 


 


 


 


 


 


53,90




Southern Africa Region


28,00


 


 


 


 


 


 


 


28,00




West Africa Region


31,30


 


 


 


 


 


 


 


31,30




* Total regional cooperation ACP


2 729,17


—


—


—


—


—


—


12,15


2 741,33




Administrative and financial expenditure


 


 


 


 


 


 


458,25


1,75


459,99




* Total ACP


11 939,04


67,67


467,15


48,75


597,53


1 181,10


458,25


78,33


13 656,72




Mayotte


 


 


 


 


 


—


 


 


—




New Caledonia


19,81


 


 


 


 


—


 


 


19,81




French Polynesia


 


 


2,00


 


 


2,00


 


 


2,00




Saint Pierre & Miquelon


20,74


 


 


 


 


—


 


 


20,74




French Southern Territories


 


 


 


 


 


—


 


 


—




Wallis & Futuna


 


 


1,08


 


 


1,08


 


 


1,08




* Total French OCT


40,55


—


3,08


—


—


3,08


—


—


43,63




Aruba


8,80


 


 


 


 


 


 


 


8,80




Netherlands Antilles


 


 


 


 


 


 


 


 


—




* Total Dutch OCT


8,80


—


—


—


—


—


—


—


8,80




Anguilla


 


 


 


 


 


—


 


 


—




British Antarctica


 


 


 


 


 


—


 


 


—




British Indian Ocean Territories


 


 


 


 


 


—


 


 


—




Cayman Islands


 


 


 


 


 


—


 


 


—




Falkland Islands


 


 


 


 


 


—


 


 


—




Montserrat


 


 


 


 


 


—


 


 


—




Pitcairn Isslands


 


 


 


 


 


—


 


 


—




Saint Helena


16,63


 


 


 


 


—


 


 


16,63




Turks & Caicos Islands


 


 


4,30


 


 


4,30


 


 


4,30




British Virgin Islands


 


 


 


 


 


—


 


 


—




* Total British OCTs


16,63


—


4,30


—


—


4,30


—


—


20,93




OCT regional cooperation, FR


 


 


 


 


 


 


 


 


 




OCT regional cooperation, NL


 


 


 


 


 


 


 


 


 




OCT regional cooperation, UK


 


 


 


 


 


 


 


 


 




* Total regional cooperation OCT


 


 


 


 


 


 


 


 


 




All OCT countries


 


 


 


 


 


 


4,00


 


4,00




* Total OCT


65,98


—


7,38


—


—


7,38


4,00


—


77,36




* Total ACP+OCT


12 005,02


67,67


474,53


48,75


597,53


1 188,47


462,25


78,33


13 734,07








Table 3.3.4.


Situation by instrument and country















(EUR million)




10th EDF
Decisions annual 2011


Cotonou


Cofinancing


Total State




A Envelope


B Envelope


Total B Envelope


Implementation costs




Compensation export earnings


Emergency aid


Heavily indebted poor countries


Other chocs with budgetary impact




Angola


25,00


 


 


 


 


—


 


 


25,00




Benin


63,00


 


 


 


 


—


 


 


63,00




Botswana


8,00


 


 


 


 


—


 


 


8,00




Burkina Faso


23,50


 


3,00


 


 


3,00


 


 


26,50




Burundi


62,88


 


1,00


 


 


1,00


 


0,92


64,79




Cameroon


4,50


 


0,90


 


 


0,90


 


 


5,40




Cape Verde


—


 


 


 


 


—


 


 


—




Central African Republic


12,70


 


 


 


 


—


 


 


12,70




Chad


87,00


 


 


 


 


—


 


 


87,00




Comoros


2,10


 


 


 


 


—


 


 


2,10




Congo (Brazzaville)


20,20


 


 


 


 


—


 


 


20,20




Democratic Republic of Congo


179,70


 


9,98


 


 


9,98


 


 


189,68




Djibouti


12,00


 


0,60


 


 


0,60


 


 


12,60




Eritrea


—


 


 


 


 


—


 


 


—




Ethiopia


63,00


 


15,00


 


 


15,00


 


 


78,00




Gabon


12,00


 


 


 


 


—


 


 


12,00




Gambia


15,00


 


 


 


 


—


 


 


15,00




Ghana


14,35


 


 


 


 


—


 


 


14,35




Guinea Bissau


 


 


 


 


 


—


 


 


—




Guinea (Conakry)


 


 


20,60


 


 


20,60


 


 


20,60




Ivory Coast


125,00


 


 


(0,74)


 


(0,74)


 


 


124,26




Kenya


23,34


 


12,20


 


 


12,20


 


 


35,54




Lesotho


57,65


 


 


 


 


—


 


3,36


61,01




Liberia


1,89


 


 


 


 


—


 


 


1,89




Madagascar


6,00


 


 


 


 


—


 


 


6,00




Malawi


(6,75)


 


 


 


 


—


 


 


(6,75)




Mali


11,50


3,37


 


 


 


3,37


 


 


14,87




Mauritania


66,00


 


 


 


 


—


 


 


66,00




Mauritius


11,50


 


 


 


 


—


 


 


11,50




Mozambique


32,00


 


 


 


 


—


 


 


32,00




Namibia


3,50


 


 


 


 


—


 


 


3,50




Niger


102,00


 


(0,00)


 


 


(0,00)


 


 


102,00




Nigeria


478,00


 


 


 


 


—


 


 


478,00




Rwanda


(8,75)


 


 


 


 


—


 


 


(8,75)




Sao Tome & Principe


 


 


0,50


 


 


0,50


 


 


0,50




Senegal


31,00


 


 


 


 


—


 


 


31,00




Seychelles


 


 


 


 


 


—


 


 


—




Sierra Leone


16,50


 


 


 


 


—


 


 


16,50




Somalia


95,00


 


 


 


 


—


 


 


95,00




Sudan


 


 


 


 


 


—


 


 


—




Swaziland


26,50


 


 


 


 


—


 


 


26,50




Tanzania


35,00


 


6,82


 


 


6,82


 


 


41,82




Togo


16,00


 


1,80


 


 


1,80


 


 


17,80




Uganda


 


 


 


 


 


—


 


 


—




Zambia


4,00


 


 


 


 


—


 


 


4,00




Zimbabwe


 


 


 


 


34,00


34,00


 


 


34,00




* Total Africa


1 731,80


3,37


72,39


(0,74)


34,00


109,02


—


4,28


1 845,10




Antigua & Barbuda


 


 


 


 


 


—


 


 


—




Bahamas


 


 


 


 


 


—


 


 


—




Belize


 


 


 


 


 


—


 


 


—




Dominica


 


 


 


 


 


—


 


 


—




Dominican Republic


16,70


 


 


 


 


—


 


 


16,70




Grenada


 


 


 


 


 


—


 


 


—




Guyana


 


 


 


 


 


—


 


 


—




Haiti


7,33


 


60,00


 


 


60,00


 


—


67,33




Jamaica


14,75


 


7,00


 


 


7,00


 


 


21,75




Saint Kitts & Nevis


 


 


 


 


 


—


 


 


—




Saint Lucia


8,97


 


1,03


 


 


1,03


 


 


10,00




Saint Vincent & the Grenadines


0,78


 


 


 


 


—


 


 


0,78




Trinidad & Tobago


1,00


 


 


 


 


—


 


 


1,00




* Total Caribbean


49,53


—


68,03


—


—


68,03


—


—


117,56




Cook Islands


0,60


 


 


 


 


—


 


 


0,60




Fiji


 


 


 


 


 


—


 


 


—




East Timor


10,00


 


 


 


 


—


 


 


10,00




Kiribati


 


 


 


 


 


—


 


 


—




Marshall Islands


 


 


 


 


0,50


0,50


 


 


0,50




Nauru


—


 


 


 


 


—


 


 


—




Niue


—


 


 


 


 


—


 


 


—




Papua New Guinea


0,51


 


 


 


 


—


 


 


0,51




Solomon Islands


 


 


 


 


2,48


2,48


 


 


2,48




Tonga


—


 


 


 


 


—


 


 


—




Tuvalu


 


 


 


 


 


—


 


 


—




Vanuatu


1,88


 


 


 


 


—


 


 


1,88




Western Samoa


 


 


2,59


 


 


2,59


 


 


2,59




* Total Pacific


12,99


—


2,59


—


2,98


5,56


—


—


18,55




Caribbean Region


99,54


 


 


 


 


 


 


 


99,54




Central Africa Region


70,00


 


 


 


 


 


 


 


70,00




Eastern, Southern Africa and the Indian Ocean


18,30


 


 


 


 


 


 


 


18,30




Intra ACP Allocations


590,57


 


 


 


 


 


 


11,51


602,08




Multiregional PALOP


 


 


 


 


 


 


 


 


—




Pacific Region


 


 


 


 


 


 


 


 


—




Southern Africa Region


23,00


 


 


 


 


 


 


 


23,00




West Africa Region


7,00


 


 


 


 


 


 


 


7,00




* Total regional cooperation ACP


808,40


—


—


—


—


—


—


11,51


819,91




Administrative and financial expenditure


 


 


 


 


 


 


244,66


0,68


245,34




* Total ACP


2 602,73


3,37


143,01


(0,74)


36,98


182,61


244,66


16,46


3 046,47




Mayotte


 


 


 


 


 


—


 


 


—




New Caledonia


19,81


 


 


 


 


—


 


 


19,81




French Polynesia


 


 


2,00


 


 


2,00


 


 


2,00




Saint Pierre & Miquelon


20,74


 


 


 


 


—


 


 


20,74




French Southern Territories


 


 


 


 


 


—


 


 


—




Wallis & Futuna


 


 


1,08


 


 


1,08


 


 


1,08




* Total French OCT


40,55


 


3,08


 


 


3,08


 


 


43,63




Aruba


8,80


 


 


 


 


 


 


 


8,80




Netherlands Antilles


 


 


 


 


 


 


 


 


—




* Total Dutch OCT


8,80


 


 


 


 


 


 


 


8,80




Anguilla


 


 


 


 


 


 


 


 


—




British Antarctica


 


 


 


 


 


 


 


 


—




British Indian Ocean Territories


 


 


 


 


 


 


 


 


—




Cayman Islands


 


 


 


 


 


 


 


 


—




Falkland Islands


 


 


 


 


 


 


 


 


—




Montserrat


 


 


 


 


 


 


 


 


—




Pitcairn Isslands


 


 


 


 


 


 


 


 


—




Saint Helena


16,63


 


 


 


 


 


 


 


16,63




Turks & Caicos Islands


 


 


 


 


 


—


 


 


—




British Virgin Islands


 


 


 


 


 


 


 


 


—




* Total British OCT


16,63


—


 


—


—


—


—


—


16,63




OCT regional cooperation, FR


 


 


 


 


 


 


 


 


 




OCT regional cooperation, NL


 


 


 


 


 


 


 


 


 




OCT regional cooperation, UK


 


 


 


 


 


 


 


 


 




* Total regional cooperation OCT


 


 


 


 


 


 


 


 


 




All OCT countries


 


 


 


 


 


 


2,00


 


2,00




* Total OCT


65,98


—


3,08


—


—


3,08


2,00


—


71,06




* Total ACP + OCT


2 668,71


3,37


146,08


(0,74)


36,98


185,69


246,66


16,46


3 117,52








Table 3.3.5.


Situation by instrument and country















(EUR million)




10th EDF
Assigned funds cumulative 2011


Cotonou


Cofinancing


Total State




A Envelope


B Envelope


Total B Envelope


Implementation costs




Compensation export earnings


Emergency aid


Heavily indebted poor countries


Other chocs with budgetary impact




Angola


24,60


 


 


 


 


—


 


 


24,60




Benin


174,28


 


1,39


 


44,71


46,10


 


3,85


224,23




Botswana


63,28


 


 


 


10,50


10,50


 


 


73,78




Burkina Faso


382,32


9,42


17,85


 


14,00


41,27


 


 


423,59




Burundi


76,89


 


10,44


 


34,97


45,41


 


 


122,30




Cameroon


148,96


 


1,62


 


 


1,62


 


 


150,58




Cape Verde


27,94


 


 


 


9,00


9,00


 


 


36,94




Central African Republic


31,49


 


2,80


 


25,21


28,01


 


 


59,50




Chad


76,41


 


8,81


 


 


8,81


 


 


85,22




Comoros


7,47


 


 


2,33


7,27


9,60


 


 


17,06




Congo (Brazzaville)


10,89


 


6,22


 


 


6,22


 


 


17,12




Democratic Republic of Congo


199,40


 


30,82


 


60,29


91,11


 


 


290,51




Djibouti


4,08


 


1,50


 


 


1,50


 


 


5,58




Eritrea


6,78


 


4,86


 


 


4,86


 


 


11,64




Ethiopia


315,25


 


42,98


 


 


42,98


 


 


358,23




Gabon


1,30


 


 


 


 


—


 


 


1,30




Gambia


28,98


 


2,64


 


 


2,64


 


 


31,62




Ghana


278,58


 


 


 


41,02


41,02


 


 


319,60




Guinea Bissau


24,13


 


3,77


 


11,18


14,95


 


 


39,08




Guinea (Conakry)


 


 


11,97


 


 


11,97


 


 


11,97




Ivory Coast


57,76


0,15


 


12,14


 


12,29


 


 


70,04




Kenya


28,51


 


30,44


 


 


30,44


 


 


58,96




Lesotho


32,19


 


 


 


21,00


21,00


 


 


53,19




Liberia


104,67


 


6,88


7,34


12,50


26,72


 


 


131,39




Madagascar


0,23


 


7,16


 


 


7,16


 


 


7,39




Malawi


191,55


 


10,39


 


44,00


54,39


 


 


245,94




Mali


368,34


3,37


6,99


 


7,70


18,06


 


 


386,40




Mauritania


1,81


 


2,60


 


 


2,60


 


 


4,41




Mauritius


36,16


0,59


 


 


10,90


11,49


 


 


47,65




Mozambique


456,55


 


 


12,11


 


12,11


 


12,00


480,66




Namibia


66,05


 


 


 


 


—


 


 


66,05




Niger


200,64


 


33,80


 


 


33,80


 


 


234,44




Nigeria


28,20


 


2,00


 


 


2,00


 


 


30,20




Rwanda


254,74


 


9,44


 


 


9,44


 


 


264,18




Sao Tome & Principe


3,18


 


0,79


 


 


0,79


 


 


3,97




Senegal


179,34


 


5,84


 


11,80


17,64


 


 


196,98




Seychelles


8,32


 


 


 


8,58


8,58


 


 


16,90




Sierra Leone


81,61


 


13,02


 


22,00


35,02


 


 


116,63




Somalia


111,75


 


 


 


 


—


 


 


111,75




Sudan


 


 


 


 


 


—


 


 


—




Swaziland


18,61


0,17


 


 


 


0,17


 


 


18,78




Tanzania


394,14


 


 


14,84


 


14,84


 


 


408,98




Togo


38,26


 


1,70


 


14,78


16,48


 


 


54,74




Uganda


336,07


 


5,33


 


 


5,33


 


 


341,40




Zambia


348,12


 


6,91


 


30,00


36,91


 


 


385,03




Zimbabwe


 


 


7,06


 


35,43


42,48


 


 


42,48




* Total Africa


5 229,83


13,70


298,03


48,75


476,84


837,32


—


15,85


6 083,00




Antigua & Barbuda


3,27


9,00


 


 


 


9,00


 


 


12,27




Bahamas


 


 


 


 


 


—


 


 


—




Barbados


0,93


 


 


 


 


—


 


 


0,93




Belize


3,28


 


 


 


 


—


 


 


3,28




Dominica


0,55


5,27


 


 


 


5,27


 


 


5,82




Dominican Republic


99,35


15,33


 


 


 


15,33


 


 


114,68




Grenada


0,94


 


 


 


8,79


8,79


 


 


9,73




Guyana


2,34


 


 


 


 


—


 


 


2,34




Haiti


95,02


 


20,01


 


53,00


73,01


 


0,02


168,04




Jamaica


73,92


 


18,90


 


 


18,90


 


 


92,82




Saint Kitts & Nevis


0,41


 


 


 


 


—


 


 


0,41




Saint Lucia


0,86


 


1,03


 


 


1,03


 


 


1,89




Saint Vincent & the Grenadines


0,69


 


 


 


 


—


 


 


0,69




Suriname


18,43


 


 


 


 


—


 


 


18,43




Trinidad & Tobago


15,60


 


 


 


 


—


 


 


15,60




* Total Caribbean


315,60


29,60


39,94


—


61,79


131,33


—


0,02


446,94




Cook Islands


0,83


 


 


 


0,22


0,22


 


 


1,05




East Timor


34,23


 


 


 


 


—


 


 


34,23




Kiribati


4,43


 


1,00


 


 


1,00


 


 


5,43




Marshall Islands


4,44


 


 


 


 


—


 


 


4,44




Micronesia


7,55


 


 


 


 


—


 


 


7,55




Nauru


0,43


 


 


 


 


—


 


 


0,43




Niue


2,14


 


 


 


 


—


 


 


2,14




Palau


2,50


 


 


 


 


—


 


 


2,50




Papua New Guinea


4,72


 


0,63


 


 


0,63


 


 


5,35




Solomon Islands


4,70


 


 


 


15,02


15,02


 


 


19,72




Tonga


0,44


 


5,65


 


 


5,65


 


 


6,08




Tuvalu


3,26


 


1,50


 


 


1,50


 


 


4,76




Vanuatu


2,89


 


 


 


 


—


 


 


2,89




Western Samoa


16,78


 


4,00


 


5,50


9,50


 


 


26,28




* Total Pacific


89,34


—


12,78


—


20,74


33,51


—


—


122,85




Caribbean Region


29,02


 


 


 


 


 


 


 


29,02




Central Africa Region


24,82


 


 


 


 


 


 


 


24,82




Eastern, Southern Africa and the Indian Ocean


118,64


 


 


 


 


 


 


 


118,64




Intra ACP Allocations


1 437,58


 


 


 


 


 


 


12,05


1 449,63




Multiregional PALOP


6,66


 


 


 


 


 


 


 


6,66




Pacific Region


50,72


 


 


 


 


 


 


 


50,72




Southern Africa Region


4,12


 


 


 


 


 


 


 


4,12




West Africa Region


10,82


 


 


 


 


 


 


 


10,82




* Total regional cooperation ACP


1 682,38


 


 


 


 


 


 


12,05


1 694,43




Administrative and financial expenditure


 


 


 


 


 


 


294,39


 


294,39




* Total ACP


7 317,15


43,30


350,75


48,75


559,36


1 002,16


294,39


27,91


8 641,61




Mayotte


 


 


 


 


 


 


 


 


 




New Caledonia


 


 


 


 


 


 


 


 


 




French Polynesia


 


 


 


 


 


 


 


 


 




Saint Pierre & Miquelon


 


 


 


 


 


 


 


 


 




French Southern Territories


 


 


 


 


 


 


 


 


 




Wallis & Futuna


 


 


 


 


 


 


 


 


 




* Total French OCT


—


—


—


—


—


—


—


—


—




Aruba


 


 


 


 


 


 


 


 


 




Netherlands Antilles


 


 


 


 


 


 


 


 


 




* Total Dutch OCT


—


—


—


—


—


—


—


—


—




Anguilla


 


 


 


 


 


—


 


 


 




British Antarctica


 


 


 


 


 


—


 


 


 




British Indian Ocean Territories


 


 


 


 


 


—


 


 


 




Cayman Islands


 


 


 


 


 


—


 


 


 




Falkland Islands


 


 


 


 


 


—


 


 


 




Montserrat


 


 


 


 


 


—


 


 


 




Pitcairn Isslands


 


 


 


 


 


—


 


 


 




Saint Helena


 


 


 


 


 


—


 


 


 




Turks & Caicos Islands


 


 


4,17


 


 


4,17


 


 


4,17




British Virgin Islands


 


 


 


 


 


—


 


 


 




* Total British OCTs


—


—


4,17


—


—


4,17


—


—


4,17




OCT regional cooperation, FR


 


 


 


 


 


 


 


 


 




OCT regional cooperation, NL


 


 


 


 


 


 


 


 


 




OCT regional cooperation, UK


 


 


 


 


 


 


 


 


 




* Total regional cooperation OCT


—


—


—


—


—


—


—


—


—




All OCT countries


 


 


 


 


 


 


2,14


 


2,14




* Total OCT


—


—


4,17


—


—


4,17


2,14


—


6,31




* Total ACP + OCT


7 317,15


43,30


354,91


48,75


559,36


1 006,32


296,53


27,91


8 647,92








Table 3.3.6.


Situation by instrument and country















(EUR million)




10th EDF
Assigned funds annual 2011


Cotonou


Cofinancing


Total State




A Envelope


B Envelope


Total B Envelope


Implementation costs




Compensation export earnings


Emergency aid


Heavily indebted poor countries


Other chocs with budgetary impact




Angola


3,22


 


 


 


 


—


 


 


3,22




Benin


18,05


 


0,93


 


 


0,93


 


2,37


21,35




Botswana


0,53


 


 


 


 


—


 


 


0,53




Burkina Faso


3,37


 


2,83


 


 


2,83


 


 


6,21




Burundi


11,55


 


1,16


 


 


1,16


 


 


12,72




Cameroon


57,69


 


1,27


 


 


1,27


 


 


58,96




Cape Verde


1,62


 


 


 


 


—


 


 


1,62




Central African Republic


10,49


 


1,42


 


 


1,42


 


 


11,91




Chad


48,79


 


2,35


 


 


2,35


 


 


51,14




Comoros


5,33


 


 


 


 


—


 


 


5,33




Congo (Brazzaville)


2,15


 


0,23


 


 


0,23


 


 


2,38




Democratic Republic of Congo


118,98


 


6,25


 


24,78


31,03


 


 


150,01




Djibouti


1,04


 


1,50


 


 


1,50


 


 


2,54




Eritrea


4,27


 


—


 


 


—


 


 


4,27




Ethiopia


16,50


 


12,75


 


 


12,75


 


 


29,25




Gabon


1,04


 


 


 


 


—


 


 


1,04




Gambia


25,06


 


 


 


 


—


 


 


25,06




Ghana


96,57


 


 


 


 


—


 


 


96,57




Guinea Bissau


2,69


 


 


 


 


—


 


 


2,69




Guinea (Conakry)


 


 


4,68


 


 


4,68


 


 


4,68




Ivory Coast


10,60


0,15


 


 


 


0,15


 


 


10,75




Kenya


17,96


 


12,19


 


 


12,19


 


 


30,15




Lesotho


5,46


 


 


 


 


—


 


 


5,46




Liberia


16,47


 


3,94


 


 


3,94


 


 


20,41




Madagascar


0,23


 


2,23


 


 


2,23


 


 


2,46




Malawi


44,08


 


—


 


 


—


 


 


44,08




Mali


33,91


3,37


4,64


 


 


8,01


 


 


41,92




Mauritania


1,81


 


—


 


 


—


 


 


1,81




Mauritius


2,62


 


 


 


 


—


 


 


2,62




Mozambique


24,23


 


 


 


 


—


 


 


24,23




Namibia


60,03


 


 


 


 


—


 


 


60,03




Niger


155,78


 


(0,00)


 


 


(0,00)


 


 


155,78




Nigeria


27,67


 


 


 


 


—


 


 


27,67




Rwanda


164,70


 


—


 


 


—


 


 


164,70




Sao Tome & Principe


1,05


 


0,33


 


 


0,33


 


 


1,38




Senegal


33,89


 


0,50


 


11,80


12,30


 


 


46,18




Seychelles


0,14


 


 


 


0,58


0,58


 


 


0,72




Sierra Leone


15,86


 


6,60


 


 


6,60


 


 


22,46




Somalia


19,40


 


 


 


 


—


 


 


19,40




Sudan


 


 


 


 


 


—


 


 


—




Swaziland


15,34


0,09


 


 


 


0,09


 


 


15,43




Tanzania


9,36


 


 


 


 


—


 


 


9,36




Togo


10,88


 


1,70


 


0,04


1,74


 


 


12,63




Uganda


34,96


 


—


 


 


—


 


 


34,96




Zambia


71,91


 


—


 


 


—


 


 


71,91




Zimbabwe


 


 


(0,08)


 


20,86


20,78


 


 


20,78




* Total Africa


1 207,29


3,61


67,42


—


58,06


129,09


—


2,37


1 338,75




Antigua & Barbuda


3,10


 


 


 


 


—


 


 


3,10




Bahamas


 


 


 


 


 


—


 


 


—




Barbados


0,23


 


 


 


 


—


 


 


0,23




Belize


0,39


 


 


 


 


—


 


 


0,39




Dominica


—


 


 


 


 


—


 


 


—




Dominican Republic


33,30


 


 


 


 


—


 


 


33,30




Grenada


0,22


 


 


 


 


—


 


 


0,22




Guyana


0,60


 


 


 


 


—


 


 


0,60




Haiti


41,51


 


4,92


 


23,00


27,92


 


 


69,43




Jamaica


1,66


 


 


 


 


—


 


 


1,66




Saint Kitts & Nevis


0,06


 


 


 


 


—


 


 


0,06




Saint Lucia


0,05


 


1,03


 


 


1,03


 


 


1,08




Saint Vincent & the Grenadines


0,59


 


 


 


 


—


 


 


0,59




Suriname


0,63


 


 


 


 


—


 


 


0,63




Trinidad & Tobago


15,26


 


 


 


 


—


 


 


15,26




* Total Caribbean


97,59


—


5,95


—


23,00


28,95


—


—


126,54




Cook Islands


0,58


 


 


 


0,22


0,22


 


 


0,80




Fiji


 


 


 


 


 


—


 


 


—




East Timor


31,13


 


 


 


 


—


 


 


31,13




Kiribati


3,67


 


 


 


 


—


 


 


3,67




Marshall Islands


0,07


 


 


 


 


—


 


 


0,07




Micronesia


0,31


 


 


 


 


—


 


 


0,31




Nauru


0,05


 


 


 


 


—


 


 


0,05




Niue


0,39


 


 


 


 


—


 


 


0,39




Palau


0,09


 


 


 


 


—


 


 


0,09




Papua New Guinea


0,55


 


(0,02)


 


 


(0,02)


 


 


0,53




Solomon Islands


(0,69)


 


 


 


0,01


0,01


 


 


(0,68)




Tonga


0,26


 


5,44


 


 


5,44


 


 


5,69




Tuvalu


2,84


 


1,50


 


 


1,50


 


 


4,34




Vanuatu


1,30


 


 


 


 


—


 


 


1,30




Western Samoa


1,32


 


2,59


 


5,50


8,09


 


 


9,40




* Total Pacific


41,86


—


9,50


—


5,73


15,23


—


—


57,09




Caribbean Region


28,67


 


 


 


 


 


 


 


28,67




Central Africa Region


23,48


 


 


 


 


 


 


 


23,48




Eastern, Southern Africa and the Indian Ocean


56,23


 


 


 


 


 


 


 


56,23




Intra ACP Allocations


732,17


 


 


 


 


 


 


11,40


743,58




Multiregional PALOP


0,42


 


 


 


 


 


 


 


0,42




Pacific Region


29,95


 


 


 


 


 


 


 


29,95




Southern Africa Region


4,12


 


 


 


 


 


 


 


4,12




West Africa Region


9,55


 


 


 


 


 


 


 


9,55




* Total regional cooperation ACP


884,59


—


—


—


—


—


—


11,40


895,99




Administrative and financial expenditure


 


 


 


 


 


 


90,78


 


90,78




* Total ACP


2 231,33


3,61


82,87


—


86,79


173,27


90,78


13,77


2 509,15




Mayotte


 


 


 


 


 


 


 


 


 




New Caledonia


 


 


 


 


 


 


 


 


 




French Polynesia


 


 


 


 


 


 


 


 


 




Saint Pierre & Miquelon


 


 


 


 


 


 


 


 


 




French Southern Territories


 


 


 


 


 


 


 


 


 




Wallis & Futuna


 


 


 


 


 


 


 


 


 




* Total French OCT


—


—


—


—


—


—


—


—


—




Aruba


 


 


 


 


 


 


 


 


 




Netherlands Antilles


 


 


 


 


 


 


 


 


 




* Total Dutch OCT


—


—


—


—


—


—


—


—


—




Anguilla


 


 


 


 


 


—


 


 


—




British Antarctica


 


 


 


 


 


—


 


 


—




British Indian Ocean Territories


 


 


 


 


 


—


 


 


—




Cayman Islands


 


 


 


 


 


—


 


 


—




Falkland Islands


 


 


 


 


 


—


 


 


—




Montserrat


 


 


 


 


 


—


 


 


—




Pitcairn Isslands


 


 


 


 


 


—


 


 


—




Saint Helena


 


 


 


 


 


—


 


 


—




Turks & Caicos Islands


 


 


4,17


 


 


4,17


 


 


4,17




British Virgin Islands


 


 


 


 


 


—


 


 


—




* Total British OCTs


—


—


4,17


—


—


4,17


—


—


4,17




OCT regional cooperation, FR


 


 


 


 


 


 


 


 


 




OCT regional cooperation, NL


 


 


 


 


 


 


 


 


 




OCT regional cooperation, UK


 


 


 


 


 


 


 


 


 




* Total regional cooperation OCT


—


—


—


—


—


—


—


—


—




All OCT countries


 


 


 


 


 


 


0,44


 


0,44




* Total OCT


—


—


4,17


—


—


4,17


0,44


—


4,61




* Total ACP + OCT


2 231,33


3,61


87,03


—


86,79


177,43


91,22


13,77


2 513,75








Table 3.3.7


Situation by instrument and country















(EUR million)




10th EDF
Payments cumulative 2011


Cotonou


Cofinancing


Total State




A Envelope


B Envelope


Total B Envelope


Implementation costs




Compensation export earnings


Emergency aid


Heavily indebted poor countries


Other chocs with budgetary impact




Angola


8,65


 


 


 


 


—


 


 


8,65




Benin


91,04


 


1,23


 


42,70


43,93


 


0,35


135,31




Botswana


27,17


 


 


 


10,50


10,50


 


 


37,67




Burkina Faso


208,76


 


10,99


 


 


10,99


 


 


219,75




Burundi


61,99


 


6,76


 


34,97


41,73


 


 


103,72




Cameroon


47,83


 


0,98


 


 


0,98


 


 


48,82




Cape Verde


25,59


 


 


 


9,00


9,00


 


 


34,59




Central African Republic


18,44


 


2,24


 


25,21


27,45


 


 


45,89




Chad


32,69


 


6,08


 


 


6,08


 


 


38,78




Comoros


2,37


 


 


 


7,27


7,27


 


 


9,64




Congo (Brazzaville)


4,58


 


5,54


 


 


5,54


 


 


10,12




Democratic Republic of Congo


108,12


 


29,57


 


52,93


82,50


 


 


190,62




Djibouti


3,61


 


1,20


 


 


1,20


 


 


4,81




Eritrea


2,08


 


4,86


 


 


4,86


 


 


6,94




Ethiopia


222,37


 


39,82


 


 


39,82


 


 


262,19




Gabon


0,89


 


 


 


 


—


 


 


0,89




Gambia


15,94


 


2,11


 


 


2,11


 


 


18,06




Ghana


97,88


 


 


 


41,02


41,02


 


 


138,90




Guinea Bissau


10,89


 


3,77


 


11,18


14,95


 


 


25,84




Guinea (Conakry)


 


 


6,70


 


 


6,70


 


 


6,70




Ivory Coast


37,59


0,12


 


12,14


 


12,26


 


 


49,84




Kenya


12,72


 


14,73


 


 


14,73


 


 


27,45




Lesotho


29,90


 


 


 


21,00


21,00


 


 


50,90




Liberia


56,94


 


4,14


7,34


12,50


23,98


 


 


80,91




Madagascar


0,02


 


3,96


 


 


3,96


 


 


3,98




Malawi


98,83


 


10,19


 


44,00


54,19


 


 


153,02




Mali


141,45


3,37


3,31


 


7,70


14,38


 


 


155,83




Mauritania


0,51


 


1,49


 


 


1,49


 


 


2,01




Mauritius


34,62


0,59


 


 


10,90


11,49


 


 


46,11




Mozambique


204,08


 


 


12,11


 


12,11


 


 


216,19




Namibia


12,12


 


 


 


 


—


 


 


12,12




Niger


56,36


 


32,49


 


 


32,49


 


 


88,86




Nigeria


17,71


 


1,60


 


 


1,60


 


 


19,31




Rwanda


136,36


 


9,44


 


 


9,44


 


 


145,80




Sao Tome & Principe


2,24


 


0,59


 


 


0,59


 


 


2,83




Senegal


108,13


 


2,32


 


 


2,32


 


 


110,45




Seychelles


5,32


 


 


 


8,47


8,47


 


 


13,79




Sierra Leone


56,28


 


11,70


 


22,00


33,70


 


 


89,98




Somalia


64,57


 


 


 


 


—


 


 


64,57




Sudan


 


 


 


 


 


—


 


 


—




Swaziland


10,05


0,17


 


 


 


0,17


 


 


10,22




Tanzania


192,37


 


 


14,84


 


14,84


 


 


207,21




Togo


34,94


 


0,93


 


13,89


14,81


 


 


49,76




Uganda


129,55


 


5,10


 


 


5,10


 


 


134,65




Zambia


126,83


 


5,82


 


30,00


35,82


 


 


162,66




Zimbabwe


 


 


4,72


 


25,10


29,82


 


 


29,82




* Total Africa


2 560,41


4,25


234,39


46,43


430,35


715,41


—


0,35


3 276,16




Antigua & Barbuda


2,49


9,00


 


 


 


9,00


 


 


11,49




Bahamas


 


 


 


 


 


—


 


 


—




Barbados


0,45


 


 


 


 


—


 


 


0,45




Belize


0,78


 


 


 


 


—


 


 


0,78




Dominica


0,37


5,27


 


 


 


5,27


 


 


5,64




Dominican Republic


44,29


15,33


 


 


 


15,33


 


 


59,62




Grenada


0,73


 


 


 


8,79


8,79


 


 


9,52




Guyana


0,24


 


 


 


 


—


 


 


0,24




Haiti


81,27


 


13,64


 


35,00


48,64


 


0,02


129,92




Jamaica


48,20


 


18,90


 


 


18,90


 


 


67,10




Saint Kitts & Nevis


0,33


 


 


 


 


—


 


 


0,33




Saint Lucia


0,78


 


0,82


 


 


0,82


 


 


1,60




Saint Vincent & the Grenadines


0,08


 


 


 


 


—


 


 


0,08




Suriname


3,37


 


 


 


 


—


 


 


3,37




Trinidad & Tobago


3,93


 


 


 


 


—


 


 


3,93




* Total Caribbean


187,30


29,60


33,36


—


43,79


106,75


—


0,02


294,07




Cook Islands


0,26


 


 


 


0,19


0,19


 


 


0,44




East Timor


6,85


 


 


 


 


—


 


 


6,85




Kiribati


2,06


 


 


 


 


—


 


 


2,06




Marshall Islands


0,77


 


 


 


 


—


 


 


0,77




Micronesia


1,55


 


 


 


 


—


 


 


1,55




Nauru


0,22


 


 


 


 


—


 


 


0,22




Niue


1,24


 


 


 


 


—


 


 


1,24




Palau


0,43


 


 


 


 


—


 


 


0,43




Papua New Guinea


2,55


 


0,58


 


 


0,58


 


 


3,14




Solomon Islands


2,36


 


 


 


15,01


15,01


 


 


17,36




Tonga


0,23


 


5,65


 


 


5,65


 


 


5,87




Tuvalu


1,98


 


1,50


 


 


1,50


 


 


3,48




Vanuatu


1,42


 


 


 


 


—


 


 


1,42




Western Samoa


8,85


 


4,00


 


5,50


9,50


 


 


18,35




* Total Pacific


30,77


—


11,73


—


20,69


32,42


—


—


63,20




Caribbean Region


8,91


 


 


 


 


 


 


 


8,91




Central Africa Region


6,64


 


 


 


 


 


 


 


6,64




Eastern, Southern Africa and the Indian Ocean


56,91


 


 


 


 


 


 


 


56,91




Intra ACP Allocations


850,44


 


 


 


 


 


 


2,30


852,73




Multiregional PALOP


4,31


 


 


 


 


 


 


 


4,31




Pacific Region


13,27


 


 


 


 


 


 


 


13,27




Southern Africa Region


0,84


 


 


 


 


 


 


 


0,84




West Africa Region


0,71


 


 


 


 


 


 


 


0,71




* Total regional cooperation ACP


942,03


—


—


—


—


—


—


2,30


944,32




Administrative and financial expenditure


 


 


 


 


 


 


272,69


 


272,69




* Total ACP


3 720,51


33,85


279,47


46,43


494,83


854,58


272,69


2,66


4 850,44




Mayotte


 


 


 


 


 


 


 


 


 




New Caledonia


 


 


 


 


 


 


 


 


 




French Polynesia


 


 


 


 


 


 


 


 


 




Saint Pierre & Miquelon


 


 


 


 


 


 


 


 


 




French Southern Territories


 


 


 


 


 


 


 


 


 




Wallis & Futuna


 


 


 


 


 


 


 


 


 




* Total French OCT


—


—


—


—


—


—


—


—


—




Aruba


 


 


 


 


 


 


 


 


 




Netherlands Antilles


 


 


 


 


 


 


 


 


 




* Total Dutch OCT


—


—


—


—


—


—


—


—


—




Anguilla


 


 


 


 


 


 


 


 


 




British Antarctica


 


 


 


 


 


 


 


 


 




British Indian Ocean Territories


 


 


 


 


 


 


 


 


 




Cayman Islands


 


 


 


 


 


 


 


 


 




Falkland Islands


 


 


 


 


 


 


 


 


 




Montserrat


 


 


 


 


 


 


 


 


 




Pitcairn Isslands


 


 


 


 


 


 


 


 


 




Saint Helena


 


 


 


 


 


 


 


 


 




Turks & Caicos Islands


 


 


 


 


 


 


 


 


 




British Virgin Islands


 


 


 


 


 


 


 


 


 




* Total British OCTs


—


—


—


—


—


—


—


—


—




OCT regional cooperation, FR


 


 


 


 


 


 


 


 


 




OCT regional cooperation, NL


 


 


 


 


 


 


 


 


 




OCT regional cooperation, UK


 


 


 


 


 


 


 


 


 




* Total regional cooperation OCT


—


—


—


—


—


—


—


—


—




All OCT countries


 


 


 


 


 


 


1,39


 


1,39




* Total OCT


—


—


—


—


—


—


1,39


—


1,39




* Total ACP + OCT


3 720,51


33,85


279,47


46,43


494,83


854,58


274,08


2,66


4 851,83








Table 3.3.8.


Situation by instrument and country















(EUR million)




10th EDF
Payments annual 2011


Cotonou


Cofinancing


Total




A Envelope


B Envelope


Total B Envelope


Implementation costs




Compensation export earnings


Emergency aid


Heavily indebted poor countries


Other chocs with budgetary impact




Angola


6,36


 


 


 


 


—


 


 


6,36




Benin


30,84


 


0,86


 


2,15


3,01


 


0,25


34,10




Botswana


12,51


 


 


 


 


—


 


 


12,51




Burkina Faso


64,34


 


2,55


 


 


2,55


 


 


66,88




Burundi


23,55


 


2,78


 


 


2,78


 


 


26,33




Cameroon


31,50


 


0,98


 


 


0,98


 


 


32,48




Cape Verde


8,65


 


 


 


 


—


 


 


8,65




Central African Republic


1,10


 


1,14


 


 


1,14


 


 


2,24




Chad


21,70


 


1,29


 


 


1,29


 


 


22,99




Comoros


0,72


 


 


 


 


—


 


 


0,72




Congo (Brazzaville)


3,03


 


1,17


 


 


1,17


 


 


4,21




Democratic Republic of Congo


72,09


 


5,39


 


17,42


22,81


 


 


94,90




Djibouti


2,33


 


1,20


 


 


1,20


 


 


3,53




Eritrea


1,49


 


0,10


 


 


0,10


 


 


1,58




Ethiopia


64,74


 


29,82


 


 


29,82


 


 


94,56




Gabon


0,81


 


 


 


 


—


 


 


0,81




Gambia


14,72


 


 


 


 


—


 


 


14,72




Ghana


48,08


 


 


 


 


—


 


 


48,08




Guinea Bissau


1,35


 


 


 


 


—


 


 


1,35




Guinea (Conakry)


 


 


1,48


 


 


1,48


 


 


1,48




Ivory Coast


7,86


0,12


 


12,14


 


12,26


 


 


20,12




Kenya


8,94


 


3,51


 


 


3,51


 


 


12,45




Lesotho


15,21


 


 


 


 


—


 


 


15,21




Liberia


14,50


 


2,67


 


12,50


15,17


 


 


29,67




Madagascar


0,02


 


1,55


 


 


1,55


 


 


1,56




Malawi


19,08


 


0,10


 


 


0,10


 


 


19,18




Mali


72,48


3,37


1,33


 


 


4,70


 


 


77,18




Mauritania


0,51


 


0,43


 


 


0,43


 


 


0,94




Mauritius


17,01


0,59


 


 


 


0,59


 


 


17,60




Mozambique


64,81


 


 


 


 


—


 


 


64,81




Namibia


10,08


 


 


 


 


—


 


 


10,08




Niger


19,05


 


11,66


 


 


11,66


 


 


30,72




Nigeria


17,56


 


 


 


 


—


 


 


17,56




Rwanda


47,70


 


1,00


 


 


1,00


 


 


48,70




Sao Tome & Principe


1,33


 


0,15


 


 


0,15


 


 


1,48




Senegal


63,97


 


2,04


 


 


2,04


 


 


66,01




Seychelles


2,85


 


 


 


0,47


0,47


 


 


3,32




Sierra Leone


17,74


 


5,28


 


 


5,28


 


 


23,02




Somalia


25,79


 


 


 


 


—


 


 


25,79




Sudan


 


 


 


 


 


—


 


 


—




Swaziland


8,05


0,12


 


 


 


0,12


 


 


8,17




Tanzania


69,88


 


 


 


 


—


 


 


69,88




Togo


9,68


 


0,93


 


1,89


2,81


 


 


12,50




Uganda


72,26


 


0,50


 


 


0,50


 


 


72,75




Zambia


45,35


 


0,06


 


 


0,06


 


 


45,41




Zimbabwe


 


 


1,67


 


16,34


18,01


 


 


18,01




* Total Africa


1 041,61


4,20


81,63


12,14


50,78


148,75


—


0,25


1 190,61




Antigua & Barbuda


2,40


 


 


 


 


—


 


 


2,40




Bahamas


 


 


 


 


 


—


 


 


—




Barbados


0,03


 


 


 


 


—


 


 


0,03




Belize


0,72


 


 


 


 


—


 


 


0,72




Dominica


0,04


 


 


 


 


—


 


 


0,04




Dominican Republic


15,79


 


 


 


 


—


 


 


15,79




Grenada


0,25


 


 


 


 


—


 


 


0,25




Guyana


0,12


 


 


 


 


—


 


 


0,12




Haiti


45,54


 


6,06


 


5,00


11,06


 


0,02


56,61




Jamaica


1,82


 


 


 


 


—


 


 


1,82




Saint Kitts & Nevis


0,05


 


 


 


 


—


 


 


0,05




Saint Lucia


0,30


 


0,82


 


 


0,82


 


 


1,12




Saint Vincent & the Grenadines


0,00


 


 


 


 


—


 


 


0,00




Suriname


1,69


 


 


 


 


—


 


 


1,69




Trinidad & Tobago


3,73


 


 


 


 


—


 


 


3,73




* Total Caribbean


72,46


—


6,88


—


5,00


11,88


—


0,02


84,36




Cook Islands


0,11


 


 


 


0,19


0,19


 


 


0,30




Fiji


 


 


 


 


 


—


 


 


—




East Timor


5,76


 


 


 


 


—


 


 


5,76




Kiribati


1,62


 


 


 


 


—


 


 


1,62




Marshall Islands


 


 


 


 


 


—


 


 


—




Micronesia


0,26


 


 


 


 


—


 


 


0,26




Nauru


0,03


 


 


 


 


—


 


 


0,03




Niue


0,65


 


 


 


 


—


 


 


0,65




Palau


 


 


 


 


 


—


 


 


—




Papua New Guinea


0,99


 


0,05


 


 


0,05


 


 


1,05




Solomon Islands


0,85


 


 


 


0,01


0,01


 


 


0,85




Tonga


0,23


 


5,50


 


 


5,50


 


 


5,73




Tuvalu


1,66


 


1,50


 


 


1,50


 


 


3,16




Vanuatu


0,62


 


 


 


 


—


 


 


0,62




Western Samoa


4,12


 


4,00


 


5,50


9,50


 


 


13,62




* Total Pacific


16,90


—


11,05


—


5,69


16,75


—


—


33,65




Caribbean Region


8,75


 


 


 


 


 


 


 


8,75




Central Africa Region


6,53


 


 


 


 


 


 


 


6,53




Eastern, Southern Africa and the Indian Ocean


51,08


 


 


 


 


 


 


 


51,08




Intra ACP Allocations


396,23


 


 


 


 


 


 


1,67


397,89




Multiregional PALOP


3,05


 


 


 


 


 


 


 


3,05




Pacific Region


11,36


 


 


 


 


 


 


 


11,36




Southern Africa Region


0,84


 


 


 


 


 


 


 


0,84




West Africa Region


0,54


 


 


 


 


 


 


 


0,54




* Total regional cooperation ACP


478,37


—


—


—


—


—


—


1,67


480,04




Administrative and financial expenditure


 


 


 


 


 


 


89,71


 


89,71




* Total ACP


1 609,35


4,20


99,57


12,14


61,47


177,38


89,71


1,93


1 878,37




Mayotte


 


 


 


 


 


 


 


 


 




New Caledonia


 


 


 


 


 


 


 


 


 




French Polynesia


 


 


 


 


 


 


 


 


 




Saint Pierre & Miquelon


 


 


 


 


 


 


 


 


 




French Southern Territories


 


 


 


 


 


 


 


 


 




Wallis & Futuna


 


 


 


 


 


 


 


 


 




* Total French OCT


—


—


—


—


—


—


—


—


—




Aruba


 


 


 


 


 


 


 


 


 




Netherlands Antilles


 


 


 


 


 


 


 


 


 




* Total Dutch OCT


—


—


—


—


—


—


—


—


—




Anguilla


 


 


 


 


 


 


 


 


 




British Antarctica


 


 


 


 


 


 


 


 


 




British Indian Ocean Territories


 


 


 


 


 


 


 


 


 




Cayman Islands


 


 


 


 


 


 


 


 


 




Falkland Islands


 


 


 


 


 


 


 


 


 




Montserrat


 


 


 


 


 


 


 


 


 




Pitcairn Isslands


 


 


 


 


 


 


 


 


 




Saint Helena


 


 


 


 


 


 


 


 


 




Turks & Caicos Islands


 


 


 


 


 


 


 


 


 




British Virgin Islands


 


 


 


 


 


 


 


 


 




* Total British OCTs


—


—


—


—


—


—


—


—


—




OCT regional cooperation, FR


 


 


 


 


 


 


 


 


 




OCT regional cooperation, NL


 


 


 


 


 


 


 


 


 




OCT regional cooperation, UK


 


 


 


 


 


 


 


 


 




* Total regional cooperation OCT


—


—


—


—


—


—


—


—


—




All OCT countries


 


 


 


 


 


 


0,71


 


0,71




* Total OCT


—


—


—


—


—


—


0,71


—


0,71




* Total ACP + OCT


1 609,35


4,20


99,57


12,14


61,47


177,38


90,42


1,93


1 879,08








Table 3.4.1


Situation by country















(EUR million)




All EDF
cumulative amounts 2011


Decisions


Assigned funds


Payments




Lomé


Cotonou


Total


Lomé


Cotonou


Total


Lomé


Cotonou


Total




Angola


123,67


236,16


359,83


116,20


173,65


289,85


109,49


131,93


241,42




Benin


172,00


620,46


792,45


171,75


529,40


701,15


171,70


435,47


607,17




Botswana


33,48


175,07


208,55


33,48


164,61


198,09


32,67


126,59


159,27




Burkina Faso


287,80


1 001,01


1 288,81


285,58


879,66


1 165,24


283,08


666,74


949,83




Burundi


132,86


457,98


590,84


132,27


385,49


517,76


129,30


338,35


467,66




Cameroon


233,57


414,07


647,64


233,01


321,48


554,49


232,14


207,45


439,59




Cape Verde


56,65


94,08


150,73


55,57


88,89


144,47


55,06


76,35


131,41




Central African Republic


84,79


264,97


349,76


84,36


173,97


258,33


84,30


139,98


224,28




Chad


217,09


474,62


691,71


214,50


296,84


511,34


212,12


226,70


438,82




Comoros


16,12


77,44


93,56


16,12


53,91


70,03


16,07


39,92


55,99




Congo (Brazzaville)


30,36


169,37


199,74


28,78


136,27


165,05


27,28


126,54


153,82




Democratic Republic of Congo


106,64


1 145,14


1 251,78


102,67


801,56


904,23


101,37


674,32


775,69




Djibouti


27,47


59,03


86,50


26,68


44,13


70,81


26,68


26,62


53,29




Equatorial Guinea


4,42


8,99


13,42


4,08


8,50


12,58


3,96


6,08


10,04




Eritrea


18,01


143,66


161,67


18,01


93,75


111,76


18,01


80,98


98,99




Ethiopia


367,21


1 092,56


1 459,77


362,60


932,10


1 294,70


338,83


818,79


1 157,62




Gabon


77,41


104,45


181,85


77,20


67,75


144,95


77,12


52,08


129,20




Gambia


33,47


105,18


138,64


32,08


84,72


116,80


31,92


64,89


96,80




Ghana


218,67


690,31


908,98


218,67


634,08


852,75


218,67


441,04


659,70




Guinea Bissau


47,23


150,84


198,07


46,88


129,14


176,02


46,20


109,37


155,57




Guinea (Conakry)


167,33


155,09


322,41


153,17


128,06


281,23


143,05


111,45


254,50




Ivory Coast


159,62


461,17


620,79


158,17


276,51


434,68


156,03


228,34


384,37




Kenya


198,97


581,75


780,72


190,84


362,58


553,42


187,68


251,85


439,52




Lesotho


66,77


259,69


326,46


65,29


150,04


215,33


64,78


131,89


196,67




Liberia


24,88


268,82


293,70


24,86


250,27


275,14


24,09


180,65


204,74




Madagascar


274,37


477,14


751,51


274,10


449,19


723,29


274,10


437,41


711,51




Malawi


267,24


639,01


906,25


264,22


522,42


786,63


262,14


402,46


664,61




Mali


323,06


923,39


1 246,44


321,26


836,03


1 157,29


320,51


602,45


922,97




Mauritania


135,05


274,24


409,29


133,55


182,92


316,47


133,67


150,61


284,29




Mauritius


55,32


129,67


184,99


55,32


113,37


168,69


40,72


109,27


149,99




Mozambique


409,51


1 095,68


1 505,19


407,87


1 042,61


1 450,48


404,65


753,81


1 158,46




Namibia


71,97


173,65


245,62


71,82


159,88


231,70


71,82


105,57


177,39




Niger


152,66


780,40


933,06


151,13


638,11


789,24


151,12


480,46


631,58




Nigeria


124,50


1 041,75


1 166,24


114,45


443,12


557,57


104,86


387,25


492,11




Rwanda


177,94


502,49


680,43


177,86


480,84


658,70


177,84


360,24


538,08




Sao Tome & Principe


12,23


32,45


44,67


12,23


18,13


30,35


12,23


15,74


27,96




Senegal


239,54


558,73


798,27


237,72


487,53


725,26


236,83


370,78


607,61




Seychelles


7,23


22,58


29,80


7,23


21,98


29,21


7,23


18,08


25,31




Sierra Leone


124,07


423,91


547,98


120,68


346,18


466,86


119,45


299,21


418,66




Somalia


50,00


405,33


455,33


48,77


295,21


343,99


48,19


240,50


288,69




Sudan


219,43


343,46


562,90


218,99


202,98


421,97


231,30


186,51


417,81




Swaziland


69,91


96,11


166,02


62,75


58,20


120,95


55,44


42,08


97,52




Tanzania


477,22


865,55


1 342,77


476,76


796,61


1 273,37


467,27


584,83


1 052,09




Togo


28,43


135,24


163,67


26,72


113,22


139,94


25,88


95,10


120,98




Uganda


426,50


687,39


1 113,89


424,01


636,85


1 060,85


423,52


421,31


844,82




Zambia


420,91


830,33


1 251,24


420,56


751,43


1 171,99


420,07


507,98


928,05




Zimbabwe


105,21


114,75


219,95


105,18


98,44


203,62


105,59


81,35


186,94




* Total Africa


7 078,77


19 765,14


26 843,91


6 985,97


15 862,66


22 848,63


6 886,03


12 347,36


19 233,39




Antigua & Barbuda


0,64


18,60


19,24


0,61


18,13


18,74


0,50


16,48


16,97




Bahamas


2,20


6,58


8,78


2,20


6,05


8,25


2,20


3,99


6,19




Barbados


7,18


13,14


20,32


6,69


12,60


19,30


6,22


10,91


17,14




Belize


19,06


20,68


39,74


19,06


11,47


30,52


17,90


8,66


26,55




Dominica


38,34


20,69


59,03


38,12


20,38


58,50


38,11


19,90


58,01




Dominican Republic


134,83


282,25


417,08


134,42


261,27


395,70


126,41


201,57


327,98




Grenada


3,42


36,64


40,05


3,40


36,32


39,71


3,38


33,51


36,89




Guyana


60,12


64,74


124,86


58,84


61,51


120,35


56,39


48,10


104,49




Haiti


79,05


715,11


794,16


78,73


444,55


523,28


77,80


387,75


465,55




Jamaica


222,23


220,76


442,99


222,16


192,18


414,35


208,16


154,24


362,40




Saint Kitts & Nevis


6,72


11,29


18,01


6,72


5,31


12,03


6,72


4,75


11,47




Saint Lucia


50,00


33,93


83,93


49,88


23,87


73,75


44,02


13,13


57,15




Saint Vincent & the Grenadines


34,15


26,17


60,32


34,11


18,57


52,67


34,41


11,45


45,86




Suriname


20,36


66,44


86,81


19,50


63,71


83,21


19,49


46,72


66,21




Trinidad & Tobago


20,38


49,78


70,16


20,38


46,93


67,31


15,38


35,26


50,64




* Total Caribbean


698,69


1 586,80


2 285,49


694,83


1 222,85


1 917,68


657,11


996,42


1 653,53




Cook Islands


 


4,72


4,72


 


4,39


4,39


 


3,70


3,70




East Timor


 


72,00


72,00


 


51,07


51,07


 


17,63


17,63




Fiji


19,92


25,62


45,55


19,82


24,10


43,92


19,82


22,70


42,53




Kiribati


10,21


20,41


30,62


10,21


15,97


26,18


10,13


11,86


21,99




Marshall Islands


 


10,03


10,03


 


8,78


8,78


 


4,69


4,69




Micronesia


 


14,20


14,20


 


13,41


13,41


 


6,83


6,83




Nauru


 


4,80


4,80


 


2,71


2,71


 


2,21


2,21




Niue


 


5,15


5,15


 


4,67


4,67


 


3,66


3,66




Palau


 


5,32


5,32


 


5,08


5,08


 


2,61


2,61




Papua New Guinea


58,32


185,81


244,13


54,92


143,33


198,25


53,86


114,20


168,06




Solomon Islands


91,15


49,64


140,79


90,78


38,34


129,12


90,75


28,66


119,41




Tonga


5,50


14,22


19,72


5,49


13,64


19,13


5,41


12,32


17,73




Tuvalu


2,60


11,34


13,95


2,60


9,59


12,19


2,40


8,06


10,47




Vanuatu


15,77


33,84


49,61


15,77


25,76


41,53


15,77


22,53


38,31




Western Samoa


19,10


56,07


75,17


19,10


53,34


72,44


19,10


45,31


64,41




* Total Pacific


222,58


513,17


735,75


218,69


414,18


632,87


217,25


307,00


524,25




Caribbean Region


61,93


273,22


335,15


60,26


167,83


228,08


53,95


139,60


193,54




Central Africa Region


77,19


79,06


156,26


76,82


71,87


148,69


76,78


59,76


136,54




Central Africa Region


 


129,72


129,72


 


24,82


24,82


 


6,64


6,64




East Africa Region


163,51


 


163,51


162,27


 


162,27


158,93


 


158,93




Eastern, Southern Africa and the Indian Ocean


 


531,74


531,74


 


443,39


443,39


 


310,24


310,24




Indian Ocean Region


11,47


 


11,47


11,47


 


11,47


11,47


 


11,47




Intra ACP Allocations


723,53


2 162,38


2 885,91


697,22


1 449,63


2 146,85


669,48


852,64


1 522,21




Multiregional PALOP


10,83


32,77


43,60


10,40


28,45


38,85


10,23


16,39


26,61




Pacific Region


32,89


94,25


127,14


32,73


90,48


123,21


32,73


51,58


84,31




Regional cooperation ACP


74,93


3 028,37


3 103,30


59,78


2 920,97


2 980,74


51,98


2 409,58


2 461,57




Southern Africa Region


57,61


 


57,61


57,20


 


57,20


57,20


 


57,20




Southern Africa Region


 


165,78


165,78


 


129,09


129,09


 


93,84


93,84




West Africa Region


231,19


313,42


544,61


227,99


274,10


502,08


223,58


165,28


388,86




* Total regional cooperation ACP


1 445,10


6 810,70


8 255,79


1 396,11


5 600,62


6 996,74


1 346,32


4 105,55


5 451,97




Administrative and financial expenditure


35,83


891,52


927,35


35,62


721,21


756,83


34,91


693,09


728,53




All ACP countries


1 176,80


168,84


1 345,63


1 171,94


159,48


1 331,42


1 171,77


153,95


1 325,72




* Total ACP


10 657,76


29 736,17


40 393,93


10 503,16


23 981,00


34 484,16


10 313,40


18 603,38


28 917,39




Anguilla


0,80


12,24


13,04


0,80


12,24


13,04


0,80


12,16


12,96




British Virgin Islands


0,52


0,92


1,44


0,51


0,91


1,42


0,51


0,72


1,23




Cayman Islands


 


7,00


7,00


 


4,47


4,47


 


4,47


4,47




Falkland Islands


 


4,55


4,55


 


4,52


4,52


 


4,52


4,52




Montserrat


1,60


23,08


24,68


1,60


23,05


24,65


1,60


20,38


21,98




Pitcairn Islands


 


2,35


2,35


 


2,35


2,35


 


0,10


0,10




Saint Helena


0,06


34,57


34,63


0,06


17,82


17,88


0,06


17,82


17,88




Turks & Caicos Islands


3,00


18,96


21,96


3,00


18,16


21,16


3,00


9,20


12,20




* Total British OCT


5,97


103,67


109,64


5,97


83,53


89,49


5,97


69,37


75,34




Aruba


0,46


19,80


20,26


0,46


10,28


10,74


0,46


10,26


10,72




Netherlands Antilles


5,78


50,47


56,25


5,78


49,55


55,33


5,78


49,52


55,30




* Total Dutch OCT


6,25


70,27


76,51


6,25


59,83


66,07


6,25


59,77


66,02




French Polynesia


13,44


22,93


36,37


13,44


19,78


33,22


13,44


10,78


24,22




Mayotte


2,03


24,24


26,27


2,03


21,95


23,98


2,03


6,71


8,74




New Caledonia


11,22


50,02


61,24


11,13


30,16


41,29


11,10


27,77


38,88




Saint Pierre & Miquelon


3,47


39,68


43,15


3,47


18,88


22,35


3,47


18,88


22,35




Wallis & Futuna


1,45


17,93


19,39


1,45


15,99


17,44


1,45


9,36


10,82




* Total French OCT


31,61


154,81


186,41


31,52


106,77


138,28


31,49


73,51


105,00




OCT regional projects, FR


4,99


 


4,99


4,92


 


4,92


4,92


 


4,92




OCT regional projects, NL


1,00


 


1,00


0,46


 


0,46


0,46


 


0,46




OCT regional projects, UK


1,64


 


1,64


0,12


 


0,12


0,12


 


0,12




Regional cooperation OCT


0,03


48,53


48,56


0,03


47,00


47,03


0,03


36,69


36,73




* Total regional cooperation OCT


7,66


48,53


56,19


5,52


47,00


52,52


5,52


36,69


42,22




All OCT countries


 


4,73


4,73


 


2,87


2,87


 


2,12


2,12




* Total OCT


51,48


382,00


433,48


49,26


299,98


349,24


49,23


241,47


290,70




* Total ACP + OCT


10 709,24


30 118,17


40 827,41


10 552,42


24 280,98


34 833,40


10 362,63


18 844,84


29 208,09








Table 3.4.2


Situation by country















(EUR million)




All EDF
annual amounts 2011


Decisions


Assigned funds


Payments




Lomé


Cotonou


Total


Lomé


Cotonou


Total


Lomé


Cotonou


Total




Angola


(0,36)


25,00


24,64


(0,89)


1,84


0,95


0,45


11,35


11,80




Benin


 


61,36


61,36


 


20,22


20,22


 


40,59


40,59




Botswana


(0,60)


5,33


4,73


(0,60)


(1,39)


(1,99)


 


13,30


13,30




Burkina Faso


—


26,50


26,50


(0,10)


10,79


10,69


1,10


72,18


73,28




Burundi


—


64,79


64,79


(0,13)


21,73


21,61


 


52,08


52,08




Cameroon


 


1,56


1,56


 


59,19


59,19


 


40,53


40,53




Cape Verde


—


(0,31)


(0,31)


(0,35)


1,51


1,16


0,03


14,07


14,10




Central African Republic


—


12,46


12,46


(0,18)


14,44


14,27


(0,06)


26,72


26,66




Chad


—


86,58


86,58


(0,18)


49,92


49,74


0,14


35,41


35,54




Comoros


 


2,09


2,09


 


4,90


4,90


 


5,26


5,26




Congo (Brazzaville)


(0,17)


19,99


19,81


(1,02)


1,13


0,10


(1,11)


6,05


4,94




Democratic Republic of Congo


(0,30)


182,62


182,32


(2,44)


145,20


142,76


(0,07)


120,53


120,46




Djibouti


 


12,60


12,60


 


19,71


19,71


 


7,01


7,01




Equatorial Guinea


—


—


—


(0,01)


(0,14)


(0,15)


 


0,11


0,11




Eritrea


 


(32,35)


(32,35)


 


(24,35)


(24,35)


 


21,86


21,86




Ethiopia


(5,18)


66,07


60,89


(3,53)


28,64


25,11


12,84


98,10


110,94




Gabon


 


12,00


12,00


 


0,97


0,97


 


5,56


5,56




Gambia


(0,32)


15,00


14,68


(1,46)


27,54


26,07


(0,29)


26,73


26,44




Ghana


(0,81)


12,15


11,34


0,91


95,03


95,95


1,47


56,08


57,54




Guinea Bissau


(0,15)


(0,03)


(0,19)


(0,15)


1,57


1,41


(0,15)


6,27


6,12




Guinea (Conakry)


—


19,94


19,94


(0,97)


15,21


14,24


0,15


20,52


20,67




Ivory Coast


—


124,27


124,27


(0,52)


10,24


9,72


(0,00)


39,21


39,21




Kenya


(0,58)


33,79


33,21


(1,91)


29,63


27,72


0,00


36,01


36,01




Lesotho


(0,71)


60,90


60,20


(1,57)


5,88


4,31


0,11


39,55


39,67




Liberia


—


1,66


1,66


(0,02)


19,40


19,38


 


37,13


37,13




Madagascar


(0,37)


(0,05)


(0,43)


(0,16)


(4,71)


(4,86)


(0,00)


11,53


11,53




Malawi


(2,48)


(8,67)


(11,15)


(2,38)


31,93


29,55


0,16


36,62


36,78




Mali


(0,29)


13,22


12,93


(0,46)


40,95


40,49


0,06


83,23


83,29




Mauritania


—


66,00


66,00


(0,13)


44,16


44,03


(0,06)


42,54


42,48




Mauritius


 


11,50


11,50


 


2,58


2,58


0,10


17,70


17,80




Mozambique


(5,67)


26,37


20,69


(2,65)


22,78


20,12


0,18


76,56


76,75




Namibia


(1,10)


2,61


1,51


(0,47)


58,20


57,73


(0,14)


20,62


20,48




Niger


(1,21)


98,92


97,71


(0,86)


152,15


151,29


0,24


60,87


61,11




Nigeria


(0,18)


478,00


477,82


(6,33)


22,46


16,13


0,42


42,52


42,94




Rwanda


(0,00)


(8,84)


(8,84)


0,01


164,10


164,11


0,22


50,76


50,98




Sao Tome & Principe


 


0,50


0,50


 


1,29


1,29


 


2,66


2,66




Senegal


(4,01)


27,37


23,36


(3,17)


45,06


41,89


4,99


75,21


80,19




Seychelles


 


(0,04)


(0,04)


 


0,81


0,81


 


4,72


4,72




Sierra Leone


—


16,50


16,50


(1,38)


22,67


21,28


0,73


38,87


39,60




Somalia


—


95,00


95,00


(0,64)


12,64


12,00


(0,23)


36,99


36,76




Sudan


(0,09)


137,00


136,91


(0,14)


(0,49)


(0,64)


—


(0,26)


(0,26)




Swaziland


(0,00)


26,50


26,50


(0,07)


16,03


15,96


(0,95)


12,52


11,58




Tanzania


(2,21)


39,81


37,60


0,82


9,80


10,62


2,29


85,21


87,51




Togo


(0,07)


17,76


17,69


(0,51)


12,71


12,20


0,03


24,61


24,64




Uganda


(0,35)


(8,84)


(9,19)


(2,32)


32,30


29,98


0,39


102,08


102,47




Zambia


(10,03)


(0,52)


(10,55)


(9,08)


62,33


53,25


0,43


49,75


50,18




Zimbabwe


 


34,00


34,00


 


20,85


20,85


 


20,25


20,25




* Total Africa


(37,26)


1 878,05


1 840,79


(45,05)


1 329,37


1 284,32


23,49


1 727,78


1 751,27




Antigua & Barbuda


(0,01)


(1,06)


(1,07)


(0,00)


3,09


3,09


 


2,33


2,33




Bahamas


 


(0,33)


(0,33)


 


0,04


0,04


 


1,02


1,02




Barbados


 


(0,55)


(0,55)


 


0,23


0,23


 


0,03


0,03




Belize


 


—


—


 


0,23


0,23


 


0,85


0,85




Dominica


 


—


—


 


0,01


0,01


 


3,68


3,68




Dominican Republic


—


15,84


15,84


(0,27)


32,42


32,15


(0,04)


23,31


23,27




Grenada


—


(0,68)


(0,68)


(0,02)


0,22


0,20


 


(0,72)


(0,72)




Guyana


—


(0,03)


(0,03)


(0,50)


0,57


0,06


1,27


4,99


6,26




Haiti


 


67,33


67,33


 


70,62


70,62


(0,14)


67,87


67,73




Jamaica


(0,42)


21,66


21,24


(0,27)


0,99


0,72


 


6,02


6,02




Saint Kitts & Nevis


 


(1,18)


(1,18)


 


0,01


0,01


 


0,81


0,81




Saint Lucia


 


9,81


9,81


 


1,37


1,37


 


11,32


11,32




Saint Vincent & the Grenadines


 


0,58


0,58


—


0,51


0,51


4,22


3,16


7,37




Suriname


(0,10)


(0,13)


(0,23)


(0,03)


0,06


0,04


 


3,42


3,42




Trinidad & Tobago


 


0,66


0,66


 


15,11


15,11


 


25,92


25,92




* Total Caribbean


(0,53)


111,93


111,40


(1,08)


125,46


124,38


5,31


154,01


159,31




Cook Islands


 


0,45


0,45


 


1,41


1,41


 


1,07


1,07




East Timor


 


10,00


10,00


 


34,83


34,83


 


7,15


7,15




Fiji


 


—


—


 


0,19


0,19


 


1,35


1,35




Kiribati


(0,23)


—


(0,23)


(0,02)


3,55


3,53


(0,07)


2,58


2,51




Marshall Islands


 


0,43


0,43


 


0,01


0,01


 


0,08


0,08




Micronesia


 


(0,10)


(0,10)


 


0,01


0,01


 


0,35


0,35




Nauru


 


—


—


 


0,05


0,05


 


0,08


0,08




Niue


 


—


—


 


0,39


0,39


 


0,69


0,69




Palau


 


—


—


 


0,09


0,09


 


0,06


0,06




Papua New Guinea


—


0,51


0,51


(0,31)


(1,86)


(2,17)


 


11,89


11,89




Solomon Islands


(0,11)


2,48


2,36


 


(0,68)


(0,68)


 


2,61


2,61




Tonga


 


(0,08)


(0,08)


 


5,75


5,75


 


6,22


6,22




Tuvalu


 


(0,32)


(0,32)


 


4,02


4,02


0,15


3,06


3,21




Vanuatu


 


1,82


1,82


 


1,19


1,19


 


0,96


0,96




Western Samoa


 


2,59


2,59


 


9,47


9,47


 


15,59


15,59




* Total Pacific


(0,34)


17,76


17,42


(0,34)


58,41


58,08


0,08


53,74


53,82




Caribbean Region


(0,63)


96,86


96,22


(0,31)


28,39


28,08


 


21,63


21,63




Central Africa Region


—


(1,10)


(1,10)


(0,04)


0,27


0,23


 


7,97


7,97




Central Africa Region


 


70,00


70,00


 


23,48


23,48


 


6,53


6,53




East Africa Region


(1,07)


 


(1,07)


(0,45)


 


(0,45)


5,28


 


5,28




Eastern, Southern Africa and the Indian Ocean


 


14,11


14,11


 


55,66


55,66


 


81,01


81,01




Indian Ocean Region


(1,05)


 


(1,05)


(0,08)


 


(0,08)


0,02


 


0,02




Intra ACP Allocations


(5,05)


602,08


597,03


5,18


743,58


748,76


23,50


397,80


421,40




Multiregional PALOP


—


—


—


(0,00)


3,05


3,05


 


5,73


5,73




Pacific Region


(0,22)


(0,06)


(0,28)


(0,14)


29,93


29,79


 


13,24


13,24




Regional cooperation ACP


(1,62)


(6,78)


(8,40)


(1,81)


28,42


26,61


(0,27)


183,12


182,85




Southern Africa Region


(0,52)


 


(0,52)


(0,47)


 


(0,47)


(0,04)


 


(0,04)




Southern Africa Region


 


17,26


17,26


 


1,74


1,74


 


16,19


16,19




West Africa Region


(2,55)


4,72


2,17


(0,58)


25,33


24,74


1,52


25,37


26,88




* Total regional cooperation ACP


(12,73)


797,10


784,37


1,29


939,84


941,13


30,00


758,60


788,69




Administrative and financial expenditure


(1,40)


239,24


237,83


(0,74)


89,75


89,01


0,05


91,75


92,32




All ACP countries


(10,55)


(2,35)


(12,90)


(8,80)


(7,43)


(16,23)


(1,05)


0,50


(0,55)




* Total ACP


(62,82)


3 041,73


2 978,92


(54,72)


2 535,41


2 480,69


57,88


2 786,37


2 844,86




Anguilla


 


 


—


 


 


—


 


 


—




British Virgin Islands


 


(0,08)


(0,08)


 


(0,01)


(0,01)


 


0,11


0,11




Cayman Islands


 


 


—


 


(2,37)


(2,37)


 


(1,66)


(1,66)




Montserrat


(0,07)


(0,08)


(0,15)


(0,05)


(0,11)


(0,16)


 


1,60


1,60




Saint Helena


 


16,63


16,63


 


 


—


 


3,30


3,30




Pitcairn Islands


 


 


—


 


 


—


 


 


—




Turks & Caicos Islands


 


 


—


 


4,17


4,17


 


0,53


0,53




* Total British OCT


(0,07)


16,47


16,40


(0,05)


1,68


1,62


 


3,89


3,89




Aruba


 


8,80


8,80


 


(0,07)


(0,07)


 


0,18


0,18




Netherlands Antilles


 


—


—


 


0,04


0,04


 


0,01


0,01




* Total Dutch OCT


 


8,80


8,80


 


(0,03)


(0,03)


 


0,19


0,19




French Polynesia


 


2,00


2,00


 


8,38


8,38


 


0,07


0,07




Mayotte


 


—


 


 


17,69


17,69


 


4,15


4,15




New Caledonia


 


19,81


19,81


(0,02)


0,07


0,05


0,02


2,39


2,41




Saint Pierre & Miquelon


 


20,74


20,74


 


—


—


 


3,13


3,13




Wallis & Futuna


(0,02)


1,08


1,06


 


0,24


0,24


 


5,41


5,41




* Total French OCT


(0,02)


43,63


43,61


(0,02)


26,38


26,36


0,02


15,15


15,17




OCT regional projects, FR


(0,29)


 


(0,29)


 


 


—


 


 


—




OCT regional projects, NL


 


 


—


 


 


—


 


 


—




OCT regional projects, UK


 


 


—


 


 


—


0,05


 


0,05




Regional cooperation OCT


 


(0,26)


(0,26)


 


(0,03)


(0,03)


 


9,60


9,60




* Total regional cooperation OCT


(0,29)


(0,26)


(0,54)


 


(0,03)


(0,03)


0,05


9,60


9,65




All OCT countries


 


2,00


2,00


 


0,44


0,44


 


0,71


0,71




* Total OCT


(0,37)


70,64


70,26


(0,07)


28,44


28,37


0,07


29,53


29,60




* Total ACP + OCT


(63,19)


3 112,37


3 049,18


(54,79)


2 563,85


2 509,06


57,95


2 815,90


2 874,46