Explanatory Memorandum to COM(2011)219 - Amending budget N° 3 to the budget 2011, Section III - Commission

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dossier COM(2011)219 - Amending budget N° 3 to the budget 2011, Section III - Commission.
source COM(2011)219 EN
date 15-04-2011
The present Draft Amending Budget (DAB) No 3/2011 is intended to budget the surplus resulting from the implementation of the budget year 2010. As provided for in the Financial Regulation applicable to the general budget of the European Communities[4], under Article 15 § 3, it is the only subject of this DAB and it has to be submitted within 15 days following the submission of the provisional accounts, which took place on 31 March 2011.

1. The implementation of the budget year 2010 shows a surplus of EUR 4 539 394 283 (not including contributions from European Free Trade Association (EFTA) and European Economic Area (EEA)), which is therefore entered as revenue in the 2011 budget.

The registering of the surplus can be analysed as follows:

EFTA-EEA| European Union| Total

Revenue for the financial year| 229 689 661,| (*) 127 565 636 967,| 127 795 326 628,52

Payments against current year appropriations| - 216 638 639,| (**) – 120 996 050 692,| – 121 212 689 332,56

Payment appropriations carried over to year N+| - 4 518 811,| - 1 508 002 468,| - 1 512 521 279,18

Cancellation of unused appropriations carried over from year N-| 776 730,| 740 068 183,| 740 844 913,80

Difference between assigned revenue carried over from years N-1 to N and N to N+|| - 1 284 589 650,| - 1 284 589 650,14

Exchange differences for the year|| 22 331 942,| 22 331 942,47

Budget outturn 9 308 940,| 4 539 394 282,| 4 548 703 222,91

(*) Includes assigned revenue receipts of EUR 3 025 463 386,67

(**) Includes payments against assigned revenue appropriations of EUR 1 740 873 736,53

2. The budgeting of the surplus will diminish accordingly the global contribution of the Member States to the financing of the EU Budget. This global decrease by Member State will also be influenced by the updated own resources forecast (Traditional Own Resources (TOR), Value Added Tax (VAT) and Gross National Income (GNI)) including the updated amount of the UK correction. In June, the Commission will present, in a separate Draft Amending Budget, updated forecasts, which are expected to change further the amounts of the contributions by country.

3.

[1]               OJ L 248, 16.9.2002, p. 1.

[2]               OJ L 68, 15.3.2011, p. 1.

[3]               COM(2011) 154 final

[4]               OJ L 248, 16.9.2002, p.1.