Explanatory Memorandum to COM(2012)181 - Amending budget N° 3 to the budget 2012, Section III - Commission

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dossier COM(2012)181 - Amending budget N° 3 to the budget 2012, Section III - Commission.
source COM(2012)181 EN
date 16-04-2012
The present Draft Amending Budget (DAB) No 3/2012 is intended to budget the surplus resulting from the implementation of the budget year 2011. As provided for in the Financial Regulation applicable to the general budget of the European Communities[5], 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 2012.

1. The implementation of the budget year 2011 shows a surplus of EUR 1 496 968 014 (not including contributions from European Free Trade Association (EFTA) and European Economic Area (EEA)), which is therefore entered as revenue in the 2012 budget.

The registering of the surplus can be analysed as follows:

EFTA-EEA| European Union| Total

Revenue for the financial year| 218 105 387,| (*) 129 781 849 941,| 129 999 955 328,10

Payments against current year appropriations| - 217 993 168,| (**) - 127 825 329 881,| - 128 043 323 049,01

Payment appropriations carried over to year N+| - 6 106 180,| - 1 013 400 234,| - 1 019 506 414,62

Cancellation of unused appropriations carried over from year N-| 959 194,| 159 989 518,| 160 948 713,14

Difference between assigned revenue carried over from years N-1 to N and N to N+|| 296 446 878,| 296 446 878,44

Exchange differences for the year|| 97 411 791,| 97 411 791,05

Budget outturn - 5 034 766,| 1 496 968 014,| 1 491 933 247,80

(*) Includes assigned revenue receipts of EUR 2 383 420 897,72

(**) Includes payments against assigned revenue appropriations of EUR 2 679 867 776,17

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 Member State.

3. The table below presents a breakdown of the European Union outturn for 2011 in terms of budget implementation (revenue and expenditure, for all Institutions):

(in million EUR)

Outturn breakdown 2011

Sub-total outturn on income| 671

Outturn on income (differences between revenue collected and budgeted), of which:|

—| Title 1 (own resources)| - 125

—| Title 5 (revenue in connection with the administrative operation of the Institutions)| 152

—| Title 6 (revenue in connection with EU agreements and programmes)| 150

—| Title 7 (interest on late payments and fines)| 450

—| Other Titles| 44

Sub-total outturn on expenditure| 728

Outturn on expenditure, of which:|

—| Under-implementation of appropriations authorised in 2011 budget: Commission| 375

—| Under-implementation of appropriations authorised in 2011 budget : other Institutions| 182

—| Under-implementation of appropriations carried over from 2010: headings 1 to 4 (Commission)| 98

—| Under-implementation of appropriations carried over from 2010: administration heading 5 (all Institutions)| 73

Sub-total exchange rate differences| 97

Total outturn 1 497

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

[2]               OJ L 56, 29.2.2012, p. 1.

[3]               COM(2012) 31 final

[4]               COM(2012) 125 final

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