Amending budget 2/2018: surplus of the financial year 2017
PURPOSE: definitive adoption of amending budget No 2 of the European Union for the 2018 financial year: surplus for the 2017 financial year.
LEGISLATIVE ACT: Definitive adoption (EU, Euratom) 2018/1140 of amending budget No 2 of the European Union for the financial year 2018.
CONTENT: Parliament noted that amending budget No 2 of the European Union for the 2018 financial year had been definitively adopted.
The amending budget aims to enter in the 2018 budget the surplus resulting from the implementation of the budget year 2017, which amounts to EUR 555.5 million.
The main components of that surplus are: (i) a positive outturn on income of EUR 338.6 million, (ii) an under-spending in expenditure of EUR 383.4 million, (iii) and a positive balance of exchange rate differences amounting to EUR 166.4 million.
The budgeting of the surplus reduces the overall contribution of Member States to the financing of the EU budget by the same amount.