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Amending budget 3/2007: surplus from the 2006 financial year

2007/2073(BUD)

PURPOSE: to present the Preliminary Draft Amending Budget (PDAB) No 4 to the 2007 general budget.

CONTENT: the present Preliminary Draft Amending Budget No 4/2007 aims at budgeting the surplus resulting from the implementation of the budget year 2006. As provided for in the Financial Regulation applicable to the general budget of the European Communities, under Article 15 § 3, it is the only subject of this PDAB and it has to be submitted within 15 days following the submission of the provisional accounts, which took place on 30 March 2007.

The implementation of the budget year 2006 shows a surplus of EUR 1 847 631 711,00 shared between:

  • a component resulting from an over-registering in revenue (+ EUR 914 569 139,79);
  • an under-spending in expenditure (+ EUR 949 899 477,07);
  • a negative balance of monetary exchange (- EUR 16 836 905,86).

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 wil l also be influenced by the updated own resources forecast including the updated amount of the UK correction and the budgeting of the surplus of the guarantee fund for external loans.

These forecasts will be the subject of a separate Preliminary Draft Amending Budget, to be presented by the Commission at the beginning of June 2007, which is expected to change further the amounts of the contributions by country.