CELEX: 31986R1624
Language: en
Date: 1986-05-21 00:00:00
Title: Commission Regulation (EEC) No 1624/86 of 21 May 1986 fixing the amount of and detailed rules for the reduction in value of certain intervention stocks of butter and beef

31 . 5 . 86                                  Official Journal of the European Communities                                No L 148 / 1
                                                                      I
                                                  (Acts whose publication is obligatory)
                                            COMMISSION REGULATION ( EEC) No 1624 / 86
                                                             of 21 May 1986
                    fixing the amount of and detailed rules for the reduction in value of certain intervention
                                                         stocks of butter and beef
 THE COMMISSION OF THE EUROPEAN COMMUNITIES ,                            1 March 1985 and which are expected to be disposed
                                                                         of before the end of the financial year 1986 , a reduction
                                                                         in value is hereby decided within the meaning of the second
 Having regard to the Treaty establishing the European                   paragraph of Article 8 of Regulation (EEC ) No 1883 / 78 .
 Economic Community ,
                                                                         The amounts of the reduction in value are shown in the
 Having regard to Council Regulation ( EEC ) No 1883 / 78                Annex .
 of 2 August 1978 laying down general rules for the
 financing of interventions by the European Agricultural
 Guidance and Guarantee Fund , Guarantee Section ^), as
last amended by Regulation (EEC ) No 1334 / 86 ( 2 ), and in                                          Article 2
particular the second paragraph of Article 8 and Article 9
thereof,                                                                 The Commission shall decide to what quantities of the
                                                                         individual products in each Member State the reduction in
Whereas the conditions laid down in the second paragraph                 value referred to in Article 1 is to apply , having regard to
of Article 8 of Regulation (EEC) No 1883 / 78 are met for                the quantities of the products in question declared by the
reducing the value of certain stocks of old butter and beef              Member States as being in public storage and to forecasts
which have been in storage since before 1 March 1985 and                 of sales up to the end of the financial year .
which are expected to be disposed of before the end of the
financial year 1986 ; whereas the general budget of the                  The quantities shall be communicated to the Member
European Communities for the financial year 1986 ( 3 )                   States and shall be entered as operations in the month
provides for appropriations for that purpose ;                           covered by each decision in the accounts referred to in
                                                                         Article 4 of Commission Regulation (EEC ) No 1883 / 78 .
Whereas the criteria on which the Commission is to decide
what quantities are to be reduced in value in each Member
State and the detailed rules concerning the calculation of                                           Article 3
the expenditure arising from that decision and the
declaration of such expenditure to the EAGGF should be                   With a view to its declaration within the meaning of
laid down ;                                                              Commission Regulation ( EEC ) No 3184 / 83 0 ),
                                                                         intervention expenditure in respect of the quantities of
Whereas the measures provided for in this Regulation are                 butter and beef which entered public intervention storage
in accordance with the opinion of the Fund Committee ,                   before 1 March 1985 shall be calculated using the tables in
                                                                         Annex IIIA or Annex VIA to this Regulation .
HAS ADOPTED THIS REGULATION :
                                                                                                     Article 4
                               Article 1
                                                                         This Regulation shall enter into force on the day of its
For butter , beef carcases , beef quarters and boned beef                publication in the Official Journal of the European
which have been in public intervention storage since before              Communities .
                                                                         It shall apply with effect from 1 April 1986 .
(') OJ No L 216 , 5 . 8 . 1978 , p. 1 .
( 2 ) OJ No L 119 , 8 . 5 . 1986 , p. 18 .
( 3 ) OJ No L 358 , 31 . 12 . 1985 , p. 1 .                              0 ) OJ No L 320 , 17 . 11 . 1983 , p. 1 .
 ---pagebreak--- No L 148 / 2                              Official Journal of the European Communities                               31 . 5 . 86
                    This Regulation shall be binding in its entirety and directly applicable in all Member
                    States .
                    Done at Brussels, 21 May 1986 .
                                                                                  For the Commission
                                                                                   Frans ANDRIESSEN
                                                                                       Vice-President
                                                              ANNEX
           AMOUNTS OF THE REDUCTION IN VALUE TO APPLY TO CERTAIN QUANTITIES OF BUTTER STOCKS
                AND BEEF STOCKS WHICH ENTERED INTO INTERVENTION STORAGE BEFORE 1 MARCH 1985
                                                                                                                     (per tonne)
                                  Belgium  Denmark    Germany    Greece   France  Ireland     Italy   Luxem­ Nether­   United
         Product            ECU
                                                                                                       bourg   lands Kingdom
I                                   Bfrs      Dkr       DM        Dr        FF      £ Irl      Lit      Lfrs     F1      £
Butter                     1381   64 095    11621     3 329,0   141 338    9 813 1035,9    2 046 642  64 095 3 751,0    854,4
Beef and veal :                                                                                      II
— quarters                 1013   47 015     8 524    2 416,0   103 675    7 092    759,9  1 501 266  47 015 2 722,5    626,7
— boned                   2 050   95 144    17 251    4 889,5   209 807  14 352  1 537,7   3 038 100  95 144 5 509,5  1 268,2
 ---pagebreak---                                                                     ANNEX Ela
                                                                                                                               31 . 5 . 86
                                                NET LOSSES OF INTERVENTION AGENCIES
                                     FOR QUANTITIES TAKEN INTO STOCK BEFORE 1 MARCH 1985
                                             Operations from 1 December 19 . . to              19 . .
                                   TABLE A - CALCULATION OF LOSSES ON SALES AND DEPRECIATION
             Description                              Units (*)              Amount per unit            Quantities   Value
                                                                                     —                                —
  as at 1 December 19 . .                                  Tonnes
                                                                                                           —          —
ue per unit                                          National currency                                                         Official
                                                                                     —                     —
   1 December 19 . .                                 National currency
                                                                                                                              Journal
                                                                                                                      —
  d                                                        Tonnes        c       '
                                                                                                           —          —
                                                                                                                               of the
ion per unit                                         National currency
                                                                                     —                     —
AL DEPRECIATION (to bring forward to Table C)        National currency
                                                                                                                              European
                                                                                     —                                —
 of before depreciation                                    Tonnes
                                                                                                                          *
                                                                                     —                     —
  isposed of before depreciation                     National currency
                                                                                     —                                —
 of after depreciation                                     Tonnes
                                                                                     —                     —
                                                                                                                               Communities
  isposed of after depreciation                      National currency
                                                                                     —                                —
  s still in stock                                         Tonnes
                                                                                                           —
  quantities still in stock                          National currency
                                                                                     —                                —
ntities still in stock                                     Tonnes
iated quantities still in stock                      National currency
                                                                                     —                     —          —
                                         TOTAL       National currency
                                                                                     —                     —
  TOTAL LOSSES (to be carried forward to Table C)    National currency
  cimal places.                                                                                                                No L 148 / 3
 ---pagebreak---                                                                             Annex Ilia
                                                      NET LOSSES OF INTERVENTION AGENCIES
                                           FOR QUANTITIES TAKEN INTO STOCK BEFORE 1 MARCH 1985                             No L 148 / 4
                                                 Operations from 1 December 19 . . to              19 . .
                                           TABLE B - CALCULATION OF TECHNICAL AND FINANCIAL COSTS
                Description                                     Units (*)                   Data            Remarks
  to stock from 1 December 19 . . to            19 . .          Tonnes
 ntry into stock                                              ECU/tonne
                                         ENTRY COSTS       National currency             Not relevant
   or boning or conversion                                      Tonnes
   from boning or conversion                                    Tonnes
 oning or conversion costs                                    ECU/tonne
             COSTS OF BONING AND CONVERSION                National currency             Not relevant
  from storage from 1 December 19 . . to         19 . .         Tonnes
  moval costs                                                 ECU/tonne
                                     REMOVAL COSTS         National currency
torage                                                          Tonnes
 age                                                            Tonnes
  orage                                                   ECU/tonne/day/month
                                       STORAGE COSTS        National currency
                                                                                                                      Official Journal of the European Communities
                                                           National currency
                                                           National currency
                                                           National currency
                                                           National currency
                              TOTAL TECHNICAL COSTS        National currency
                                    FINANCIAL COSTS        National currency
   cimal places.                                                                                                         31 . 5 . 86
 ---pagebreak---                                                         Annexes ma and Vla
                                                                                                                                                                          31 . 5 . 86
                                        NET LOSSES OF INTERVENTION AGENCIES
                           FOR QUANTITIES TAKEN INTO STOCK BEFORE 1 MARCH 1985
                                     Operations from 1 December 19 ... to                      19 . .
                                                     TABLE C - SUMMARY
                                            Losses on sales                  Technical costs                        Financial costs
                                          (National currency)               (National currency)                   (National currency)               Depreciation
                      . . 19 . . :
                                                                   I
COUNT
                                                                                                                                                                   Official Journal of the European Communities
              he end of the
    ACCOUNT
                  to be extracted from Annex Via ;
              . . :
                                                                                                        Date, stamp and signature of responsible agency
                                                                                                                                                                          No L 148 / 5
 ---pagebreak--- No L 148 / 6                             Official Journal of the European Communities                                31 . 5 . 86
                                                           Annexes Ilia and Via
    Member State
    Product
                        NET LOSSES OF INTERVENTION AGENCIES FOR QUANTITIES TAKEN INTO STOCK
                                                      BEFORE 1 MARCH 1985
                                        For the period 1 December 19 . . to             19 . .
                    TABLE D - DISPOSALS OF BUTTER OR BEEF ACCORDING TO THE APPROPRIATE REGULATIONS
                                                                         Commission            Quantities      Receipts
                                                                      Regulations (EEC)
                                                           '
                                                                                                (tonnes)  (National currency)
I. Disposals before depreciation:
    A. Normal disposals                                            Regulation (EEC) No
                                                                   Regulation (EEC) No
                                                                   Regulation (EEC) No
    B. Food aid                                                    Regulation (EEC) No
                                                                   Regulation (EEC) No
                                                                   Regulation (EEC) No
    C. Special measures                                            Regulation (EEC) No
                                                                   Regulation (EEC) No
                                                                   Regulation (EEC) No
                                                   Total I
II. Disposals after depreciation:
    A. Normal disposals                                            Regulation (EEC) No
                                                                   Regulation (EEC) No
                                                                   Regualtion (EEC) No
    B. Food aid                                                    Regulation (EEC) No
                                                                   Regulation (EEC) No
                                                                   Regulation (EEC) No
    C. Special measures                                            Regulation (EEC) No
                                                                   Regulation (EEC) No
                                                                   Regulation (EEC) No
                                                  Total II
 ---pagebreak--- 31 . 5 . 86                                           Official Journal of the European Communities                           No L 148 / 7
                                                                      Annexes Ilia and Via
         Member State
              NET LOSSES OF INTERVENTION AGENCIES FOR QUANTITIES TAKEN INTO STOCK BEFORE 1 MARCH 1985
                                                      For the period 1 December 1985 to 31 March 1986
TABLE E — DETERMINATION OF LOSSES ON SALES DUE TO THE DISPOSAL AT REDUCED PRICES OF BUTTER FOR
                                                                ( Regulation ( EEC ) No . . ./. .)
(a1 ) Quantities disposed from
        1 December 19 . . to                   19 . .                                                        (tonnes)
(b1 ) Intervention price valid in the month of removal from stock                                            ( ECU )
(c1 ) Conversion rate
(d1 ) Value of quantities disposed from 1 December 19 . . to                         19 .. (( 3l ) x ( b,) x (Cl ))    ( national currency )
(a2 ) Quantities disposed
        from                        to                                                                       ( tonnes)
(b2) Intervention price valid in the month of removal from stock                                             ( ECU )
(c2 ) Conversion rate
(d2) Value of quantities disposed from                              to                         ((a2) x (b2) x (c2))    (national currency )
(a3 ) Quantities disposed
        from                        to 31 March 1986                                                         (tonnes)
(b3 ) Intervention price valid in the month of removal from stock                                            ( ECU )
( c-t ) Conversion rate
(d3) Value of quantities disposed from                              to 31 March 1986                                   ( national currency )
(f) Total value of quantities disposed, to enter on table D ((d1 ) x (d2) x (d3))                                      ( national currency)
(g) Proceeds from sales from 1 December 1985 to 31 March 1986                                                          ( national currency)
(h ) — f - g Losses on sales to be taken into account from 1 December 1985 to 31 March 1986
                   ( column ( b) of Annex II )                                                                         ( national currency )
(i)     Losses on sales to end of previous month                                                                       ( national currency )
(j )    = h - i Losses on sales to be taken into account for the month of                            (column ( a ) of
                   Annex II )                                                                                          ( national currency )
 ---pagebreak---                               Annexes ma and Vla
                                                                                                                                    No L 148 / 8
TICIPATION OF LOSSES ON SALES AND CALCULATION OF RESULTING DEDUCTION FROM FINANCIAL COSTS
      FOR THE QUANTITIES TAKEN INTO STOCK BEFORE 1 MARCH 1985
                                                       Financial costs
 of                                Number of days      to be deducted                     Cumulative totals
            Amount received                            (c) x (d) x rate
 pt                               until end of month                        Costs           ,                       Interest
                                                            565
                  (c)                    (d)                 (e)                                 (f)
                                                                                                                                     Official
                                                                          Cumulative costs (column (b) (January))
                                                                                               Cumulative interest
                                                                                               (Table C, line 2 (February))
                                                                          Cumulative costs (column (b) (February))
                                                                                               Cumulative interest
                                                                                               (Table C, line 2 (March))
                                                                                                                               Journal of the European Communities
                                                                          Cumulative costs (column (b) (November))
                                                                                               Cumulative interest
                                                                                               (Table C, line 2 (December))
                                                                                                                                      31 . 5 . 86
 ---pagebreak---                                                     Annexes Ula and Via
                                                                                                                         Department or agency within the
                                                                                                                         meaning of Article 4 of Regulation                       31 . 5 . 86
                                                           TABLE 1                                                       (EEC) No 729/70 :
                            SITUATION OF AND MOVEMENTS IN PUBLIC STOCKS
                        FOR QUANTITIES TAKEN INTO STOCK BEFORE 1 MARCH 1985
                                                                                                                                                           (tonnes) (')
                                Intake                                                           Offtake
                                                                                                                                             Stocks at end
                                          Intervention entailing                                           Removal transactions
       Total quantity of products                                                                                                            of each month
                                          actual movement from        Total quantity removed           entailing actual movement
         brought into storage            warehouse to warehouse                                             out of warehouse
                  (b)                              (c)                           (d)                               (e)                    (f) - (a) + (b) - (d)
                                                                                                                                                                          Official Journal of the European Communities
cimal places.
 (f)                                                               (total (a) + total (f)) 365
                                    B. Number of tonnes/day =                  24
                                                                                                                                                                                No L 148 / 9
 ---pagebreak---                                                                 Annexes Ola and Via
                                                                                                                       Department or agency within the meaning
                                                                                                                       of Article 4 of Regulation (EEC)
                                                                    TABLE 2                                            No 729 /70 :
                                                                                                                                                                        No L 148 / 10
                                             DETERMINATION OF FINANCIAL COSTS
                             FOR QUANTITIES TAKEN INTO STOCK BEFORE 1 MARCH 1985
                                                                            Total stocks
     antities carried forward                                                                Total stocks at end
                                               Average value               at beginning of                             Average stock             Financial costs
                                                                                               of each month
                                             (National currency)            each month                                  (Tonnes) (*)           (National currency)
    cy             Tonnes (*)                                               (Tonnes) (J )       (Tonnes) (')
                                                          a                                                                    (d) + (e)
                       (b)                        (c) =                          (d)                '(e)               (f) =                   (g) = (c) x (f) x (i)
                                                          (b)                                                                    24
                                                                                                                                                                        Official
                                                                                                                                                                       Journal
                                                                                                                                                                        of the
         Quantities bought in x number of months delay in payment
=                                           12
                                                                                                                                                                       European
ious financial year (Regulation (EEC) No 1550/85)
                                                                                                                                                                        Communities
                                      Vxjxi
 yment for quantities sold =                       (2)
                                            365
                         M x D x i
  quantities sold =                   (2)                                                                                                  +
                                365
                                                                                                                   FINANCIAL COSTS
  ecimal places.
                                                                                                                                                                        31 . 5 . 86
 ---pagebreak---                                                ANNEX Vla
                                                                                                      Department or agency within the
                                                                                                      meaning of Article 4 of Regulation
                                     PUBLIC STORAGE QUANTITIES                                        (EEC) No 729/70:                      31 . 5 . 86
                           TAKEN INTO STOCK BEFORE 1 MARCH 1985
                                                      Rate per unit                  Amount in
                         Quantities 0 )                                                                                Reference
                                                (ECU x conversion rate) (2)       national currency
                              (c)                           (d)                     (e) = (c) x (d)                        (f)
                                          t                                                                                                 Official
                                                                                                                                           Journal
                                                                                                                                            of the
                                                                                                                                           European
                                                                                                                                            Communities
                                                                                                          To be carried forward
                                                                                                          to Table C
         Total
                                                                                                          To be carried forward
                                                                                                          to Table C
  ecimal places.
idity of amounts expressed in ECU and for changes in the conversion rate, in an Annex.
                                                                                                                                             No L 148 / 11
 ---pagebreak---                                                          Amount in
                         Quantities   Rate per unit                                   References
                                                      national currency                             No L 148 / 12
                            (c)            (d)         (e) = (c) x (d)                    (f)
ember 19 . .
             Sub-total                                                    l
                                                                                                     Official
     OTAL DEBIT                                                           l
                                                                                                   Journal of
                                                                                                     the
  n
                                                                                                   European
   urities
                                                                                                     Communities
                                                                          To be carried forward
     TAL CREDIT                                                           to Table C
     OTAL DEBIT
                                                                          To be carried forward
                                                                          to Table C
    ecimal places.
                                                                                                    31 . 5 . 86
 ---pagebreak---                                                       Annexes ma and Via
                                                                                                                           Department or agency within the
                                                                                                                           meaning of Article 4 of Regulation                31 . 5 . 86
                                                            TABLE 1                                                        (EEC) No 729/70 :
                              SITUATION OF AND MOVEMENTS IN PUBLIC STOCKS
                          FOR QUANTITIES TAKEN INTO STOCK BEFORE 1 MARCH 1985
                                                                                                                                                             (tonnes) 0 )
                                  Intake                                                           Offtake
                                                                                                                                               Stocks at end
                                            Intervention entailing                                           Removal transactions              of each month
         Total quantity of products         actual movement from        Total quantity removed           entailing actual movement
           brought into storage            warehouse to warehouse                                             out of warehouse
                                                                                                                                                                             Official
                    (b)                               c                            (d)                                e)                    (f) » (a) + (b) - (d)
                                                                                                                                                                            Journal of
                                                                                                                                                                              the
                                                                                                                                                                            European
                                                                                                                                                                              Communities
ecimal places.
 l (f)                                                               (total (a) + total (f)) 365
                                      B. Number of tonnes/day —                  24
                                                                                                                                                                               No L 148 / 13
 ---pagebreak---                                                                Annexes Ola and Via .
                                                                                                                      Department or agency within the meaning
                                                                                                                      of Article 4 of Regulation (EEC)
                                                                    TABLE 2                                           No 729/70 :
                                                                                                                                                                        No L 148 / 14
                                             DETERMINATION OF FINANCIAL COSTS
                             FOR QUANTITIES TAKEN INTO STOCK BEFORE 1 MARCH 1985
                                                                           Total stocks
    uantities carried forward                                                               Total stocks at end
                                               Average value              at beginning of                             Average stock           Financial costs
                                                                                              of each month
                                             (National currency)            each month                                 (Tonnes) 0           (National currency)
    cy             Tonnes (*)                                               (Tonnes) (*)       (Tonnes) 0 )
                                                         (a)
                       (b)                                                      (d)                 (e)               W      24             (g) - (c) x (f) x (i)
                                                                                                                                                                        Official
         Quantities bought in x number of months delay in payment
—
                                            12
                                                                                                                                                                    Journal of the European
 ous financial year (Regulation (EEC) No 1550/85)
                                                                                                                                                                        Communities
                                      Vxjxi
 yment for quantities sold =                       (2)
                                            365
                         M x D x i
  quantities sold =                   (2)                                                                                               +
                                365
                                                                                                                  FINANCIAL COSTS
   ecimal places.
                                                                                                                                                                       31 . 5 . 86
 ---pagebreak---                                    Annex Vla
                                                                                                                31 . 5 . 86
                                    TABLE 3
    ILS OF LINE ffl (B) ( 1) OF ANNEX Via RELATING TO GOODS REMOVED FROM STORAGE
              FOR QUANTITIES TAKEN INTO STOCK BEFORE 1 MARCH 1985
                                      Quantities                       Price
                                                                                                Value
                                     (Tonnes) 0 )                   (ECU/tonne)
                                                                                                               Official
                                         (a)                            (b)                  (c)-(a)x (b)
                                                                        —
                    net weight                                                                              Journal
                  gross weight                                                           }
                                                                                                                of the
19 . .
 9 . .
                                                                                                            European Communities
                                                         Carry forward price
                                                         (National currency/tonne)
 9 . .
                                                                                     "
     ffl (B) (1) OF ANNEX Via
  cimal places.
                                                                                                               No L 148 / 15
 ---pagebreak---                                               Annex Vla
                                                                                                     No L 148 / 16
                                               TABLE 4
    TAILS OF LINE ffl (B) (5) OF ANNEX Via RELATING TO OTHER ELEMENTS OF CREDIT
                  FOR QUANTITIES TAKEN INTO STOCK BEFORE 1 MARCH 1985
                    Type of reimbursement                                         Value
                                                                                                     Official
   oducts after second quality control
              (tonnes x fixed amount x representative rate)
    .         (                                           )
    er 19 . . (                                           )
          (tonnes x days x storage costs x representative rate)
  .       (                                                   )
er 19 . . (                                                   )
              (purchase price x days x      %): 365
              (                               ): 365
                                                                                              Journal of the European Communities
              (                               ): 365
  drawal of products after statutory time limits
   389/73) (tonnes x days x penalty charge x representative rate)
     .       (                                                    )
   er 19 . . (                                                    )
                                                                                          -
   1836/82) (tonnes x days x        ^           x representative rate)
      .       (                                                       )
    er 19 . . (                                                       )
                                                                                                  31 . 5 . 86
 ---pagebreak---                                                     Annexes Ilia and Via
                                                                                                                                                                     31.5.86
                                    NET LOSSES OF INTERVENTION AGENCIES
                        FOR QUANTITIES TAKEN INTO STOCK BEFORE 1 MARCH 1985
                                 Operations from 1 December 19 . . to                        19 . .
                                                   TABLE C - SUMMARY
                                        Losses on sales                    Technical costs                        Financial costs
                                      (National currency)               (National currency)                     (National currency)               Depreciation        Official
                        19 . .
                                                                                                                                                                 Journal of the European
                                                                                                         1
  COUNT
                                                                                                                                                                     Communities
            he end of the
ACCOUNT
                to be extracted from Annex Via ;
            . . :
                                                                                                      Date, stamp and signature of responsible agency
                                                                                                                                                                     No L 148 / 17
 ---pagebreak--- No L 148 / 18                             Official Journal of the European Communities                              31 . 5 . 86
                                                          Annexes Ilia and Via
   Member State
    Product
                        NET LOSSES OF INTERVENTION AGENCIES FOR QUANTITIES TAKEN INTO STOCK
                                                      BEFORE 1 MARCH 1985
                                        For the period 1 December 19 . . to            19 . .
                    TABLE D - DISPOSALS OF BUTTER OR BEEF ACCORDING TO THE APPROPRIATE REGULATIONS
                                                                        Commission            Quantities      Receipts
                                                                     Regulations (EEC)        (Tonnes)   (National currency)
I. Disposals before depreciation:                           I
     A. Normal disposals                                          Regulation (EEC) No
                                                                  Regulation (EEC) No
                                                                  Regulation (EEC) No
     B. Food aid                                                  Regulation (EEC) No
                                                                  Regulation (EEC) No
                                                                  Regulation (EEC) No
     C. Special measures                                          Regulation (EEC) No
                                                                  Regulation (EEC) No
                                                                  Regulation (EEC) No
                                                   Total I
                                                            I
II. Disposals after depreciation:                           I
    A. Normal disposals                                           Regulation (EEC) No
                                                                  Regulation (EEC) No
                                                                  Regulation (EEC) No
    B. Food aid                                                   Regulation (EEC) No
                                                                  Regulation (EEC) No
                                                                  Regulation (EEC) No
     C. Special measures                                          Regulation (EEC) No
                                                                  Regulation (EEC) No
                                                                  Regulation (EEC) No
                                                   Total E
                                                            I
 ---pagebreak--- 31 . 5 . 86                                     Official Journal of the European Communities                     No L 148 / 19
                                                                Annexes Ilia and Via
       Member State
             NET LOSSES OF INTERVENTION AGENCIES FOR QUANTITIES TAKEN INTO STOCK BEFORE 1 MARCH 1985
                                                 For the period 1 December 1985 to 31 March 1986
TABLE E — DETERMINATION OF LOSSES ON SALES DUE TO THE DISPOSAL AT REDUCED PRICES OF BUTTER FOR
                                                           ( Regulation ( EEC ) No
(a1 ) Quantities disposed from
      1 December 19 . . to                   19                                                     (tonnes)
(b1 ) Intervention price valid in the month of removal from stock                                   (ECU )
(c1 ) Conversion rate
(d1 ) Value of quantities disposed from 1 December 19 . . to                    19 ((a1 ) x (bi ) x (ct ))   (national currency )
(a2) Quantities disposed
      from                        to                                                                (tonnes)
(b2) Intervention price valid in the month of removal from stock                                    ( ECU )
(c2) Conversion rate
(d2) Value of quantities disposed from                         to                     ((a2) x (b2) x (c2))   (national currency)
(a3 ) Quantities disposed
      from                         to 31 March 1986                                                 (tonnes)
(b3 ) Intervention price valid in the month of removal from stock                                   ( ECU )
(c3) Conversion rate
(d3) Value of quantities disposed from                         to 31 March 1986                              (national currency)
(f) Total value of quantities disposed, to enter on table D ((d1 ) x (d2) x (d3 ))                           (national currency)
(g) Proceeds from sales from 1 December 1985 to 31 March 1986                                                (national currency)
(h)    = f - g Losses on sales to be taken into account from 1 December 1985 to 31 March 1986
                 (column ( b ) of Annex II )                                                                 ( national currency )
(i)   Losses on sales to end of previous month                                                               ( national currency)
(j )   = h - i Losses on sales to be taken into account for the month of                    (column (a) of
                 Annex II )                                                                                  (national currency )
 ---pagebreak---                              Annexes Ilia and Via
                                                                                                                                   No L 148 / 20
ICIPATION OF LOSSES ON SALES AND CALCULATION OF RESULTING DEDUCTION FROM FINANCIAL COSTS
     FOR THE QUANTITIES TAKEN INTO STOCK BEFORE 1 MARCH 1985
                                                       Financial costs
 f                                 Number of days      to be deducted                     Cumulative totals
           Amount received
 t                                until end of month   (c) x (d) x rate     Costs                                   Interest
                                                            365
                 (c)                     (d)                 (e)                                 (f)
                                                                                                                                   Official
                                                                          Cumulative costs (column (b) (January))
                                                                                                                               Journal
                                                                                               Cumulative interest
                                                                                               (Table C, line 2 (February))
                                                                                                                                   of the
                                                                          Cumulative costs (column (b) (February))
                                                                                               Cumulative interest
                                                                                               (Table C, line 2 (March))       European Communities
                                                                          Cumulative costs (column (b) (November))
                                                                                               Cumulative interest
                                                                                               (Table C, line 2 (December))
                                                                                                                                 31 . 5 . 86