Address https://gelex.eu/eli/EU/act/oj/L/2011/495@2011-07-05/en

Contents

1. Preamble
2. Sole Article
3. A. INTRODUCTION AND FINANCING OF THE GENERAL BUDGET

THE PRESIDENT OF THE EUROPEAN PARLIAMENT,

Having regard to the Treaty on the Functioning of the European Union, and in particular Articles 314(4)(a) and 314(9) thereof,

Having regard to the Treaty establishing the European Atomic Energy Community, and in particular Article 106a thereof,

Having regard to Council Regulation (EC, Euratom) No 1605/2002 of 25 June 2002 on the Financial Regulation applicable to the general budget of the European Communities,

Having regard to the general budget of the European Union for the financial year 2011, as definitively adopted on 15 December 2010,

Having regard to the Interinstitutional Agreement of 17 May 2006 between the European Parliament, the Council and the Commission on budgetary discipline and sound financial management,

Having regard to draft amending budget No 3 to the general budget 2011, which the Commission drew up on 15 April 2011,

Having regard to Council's position on draft amending budget No 3/2011, which the Council adopted on 16 June 2011,

Having regard to Rules 75b and 75e of the European Parliament's Rules of Procedure,

Having regard to the Parliament's approval of the position of the Council on 5 July 2011,

DECLARES:

Sole Article

The procedure under Article 314 of the Treaty on the Functioning of the European Union is complete and amending budget No 2 of the European Union for the financial year 2011 has been definitively adopted.

Done at Strasbourg, 5 July 2011. The President J. Buzek

A. INTRODUCTION AND FINANCING OF THE GENERAL BUDGET

FINANCING OF THE GENERAL BUDGET Appropriations to be covered during the financial year 2011 pursuant to Article 1 of Council Decision 2007/436/EC, Euratom of 7 June 2007 on the system of the European Communities' own resources Description Budget 2011 Budget 2010 Change (%) 1. Sustainable growth 53279897424 47647241763 +11,82 2. Preservation and management of natural resources 56378918184 58135640809 –3,02 3. Citizenship, freedom, security and justice 1459246345 1477871910 –1,26 4. EU as a global player 7237527520 7787695183 –7,06 5. Administration 8171544289 7907468861 +3,34 Total expenditure 126527133762 122955918526 +2,90 Description Budget 2011 Budget 2010 Change (%) Miscellaneous revenue (Titles 4 to 9) 1421368232 1432338606 –0,77 Surplus available from the preceding financial year (Chapter 3 0, Article 3 0 0) 4539394283 2253591199 +101,43 Surplus of own resources resulting from the repayment of the surplus of the Guarantee Fund for external actions (Chapter 3 0, Article 3 0 2) p.m. p.m. — Balance of own resources accruing from VAT and GNP/GNI-based own resources for earlier years (Chapters 3 1 and 3 2) p.m. p.m. — Total revenue for Titles 3 to 9 5960762515 3685929805 +61,72 Net amount of customs duties and sugar levies (Chapters 1 1 and 1 2) 16777100000 15719200000 +6,73 VAT-based own resource at the uniform rate (Tables 1 and 2, Chapter 1 3) 13786799525 13277325100 +3,84 Remainder to be financed by the additional resource (GNI-based own resource, Table 3, Chapter 1 4) 90002471722 90273463621 –0,30 Appropriations to be covered by the own resources referred to in Article 2 of Decision 2007/436/EC, Euratom 120566371247 119269988721 +1,09 Total revenue 126527133762 122955918526 +2,90 Member State 1 % of non-capped VAT base 1 % of gross national income Capping rate (in %) 1 % of gross national income multiplied by capping rate 1 % of capped VAT base Member States whose VAT base is capped (1) (2) (3) (4) (5) (6) Belgium 1490188000 3616891000 50 1808445500 1490188000 Bulgaria 166799000 348101000 50 174050500 166799000 Czech Republic 661192000 1398582000 50 699291000 661192000 Denmark 960047000 2447431000 50 1223715500 960047000 Germany 10786131000 25498136000 50 12749068000 10786131000 Estonia 67256000 137606000 50 68803000 67256000 Ireland 671307000 1329568000 50 664784000 664784000 Ireland Greece 1068721000 2326192000 50 1163096000 1068721000 Spain 3980274000 10530906000 50 5265453000 3980274000 France 8957675000 20468603000 50 10234301500 8957675000 Italy 6217429000 15802535000 50 7901267500 6217429000 Cyprus 167385000 173886000 50 86943000 86943000 Cyprus Latvia 67515000 171066000 50 85533000 67515000 Lithuania 139817000 272430000 50 136215000 136215000 Lithuania Luxembourg 203892000 292046000 50 146023000 146023000 Luxembourg Hungary 435758000 989419000 50 494709500 435758000 Malta 43813000 57711000 50 28855500 28855500 Malta Netherlands 2971670000 6033982000 50 3016991000 2971670000 Austria 1300651000 2882680000 50 1441340000 1300651000 Poland 2046902000 3683272000 50 1841636000 1841636000 Poland Portugal 1016939000 1633378000 50 816689000 816689000 Portugal Romania 484272000 1280218000 50 640109000 484272000 Slovenia 192557000 356079000 50 178039500 178039500 Slovenia Slovakia 265882000 688108000 50 344054000 265882000 Finland 804121000 1830942000 50 915471000 804121000 Sweden 1538220000 3505588000 50 1752794000 1538220000 United Kingdom 8557834000 17661074000 50 8830537000 8557834000 Total 55264247000 125416430000 62708215000 54680820000 Member State 1 % of capped VAT base Uniform rate of VAT own resource (in %) VAT-based own resource at uniform rate (1) (2) (3) = (1) × (2) Belgium 1490188000 0,300 447056400 Bulgaria 166799000 0,300 50039700 Czech Republic 661192000 0,300 198357600 Denmark 960047000 0,300 288014100 Germany 10786131000 0,150 1617919650 Estonia 67256000 0,300 20176800 Ireland 664784000 0,300 199435200 Greece 1068721000 0,300 320616300 Spain 3980274000 0,300 1194082200 France 8957675000 0,300 2687302500 Italy 6217429000 0,300 1865228700 Cyprus 86943000 0,300 26082900 Latvia 67515000 0,300 20254500 Lithuania 136215000 0,300 40864500 Luxembourg 146023000 0,300 43806900 Hungary 435758000 0,300 130727400 Malta 28855500 0,300 8656650 Netherlands 2971670000 0,100 297167000 Austria 1300651000 0,225 292646475 Poland 1841636000 0,300 552490800 Portugal 816689000 0,300 245006700 Romania 484272000 0,300 145281600 Slovenia 178039500 0,300 53411850 Slovakia 265882000 0,300 79764600 Finland 804121000 0,300 241236300 Sweden 1538220000 0,100 153822000 United Kingdom 8557834000 0,300 2567350200 Total 54680820000 13786799525 Member State 1 % of gross national income Uniform rate of additional base own resource Additional base own resource at uniform rate (1) (2) (3) = (1) × (2) Belgium 3616891000 2595586001 Bulgaria 348101000 249807385 Czech Republic 1398582000 1003663052 Denmark 2447431000 1756347548 Germany 25498136000 18298202749 Estonia 137606000 98750061 Ireland 1329568000 954136602 Greece 2326192000 1669342922 Spain 10530906000 7557283918 France 20468603000 14688863833 Italy 15802535000 11340357954 Cyprus 173886000 124785643 Latvia 171066000 0,7176290 122761929 Lithuania 272430000 195503678 Luxembourg 292046000 209580689 Hungary 989419000 710035803 Malta 57711000 41415089 Netherlands 6033982000 4330160684 Austria 2882680000 2068694869 Poland 3683272000 2643222934 Portugal 1633378000 1172159479 Romania 1280218000 918721609 Slovenia 356079000 255532629 Slovakia 688108000 493806280 Finland 1830942000 1313937142 Sweden 3505588000 2515711736 United Kingdom 17661074000 12674099504 Total 125416430000 90002471722 EU GDP price deflator, in EUR (spring 2010 economic forecast): (a) 2004 EU25 = 107,4023 / (b) 2006 EU25 = 112,1509 / (c) 2006 EU27 = 112,4894 / (d) 2011 EU27 = 118,4172 Lump-sum for the Netherlands: in 2011 prices: 605000000 EUR × [(b/a) × (d/c)] = 665039963 EUR Lump-sum for Sweden: in 2011 prices: 150000000 EUR × [(b/a) × (d/c)] = 164885941 EUR Member State Gross reduction Percentage share of GNI base GNI key applied to the gross reduction Financing of the reduction in favour of the Netherlands and Sweden (1) (2) (3) (4) = (1) + (3) Belgium 2,88 23934277 23934277 Bulgaria 0,28 2303510 2303510 Czech Republic 1,12 9254923 9254923 Denmark 1,95 16195537 16195537 Germany 20,33 168730393 168730393 Estonia 0,11 910589 910589 Ireland 1,06 8798233 8798233 Greece 1,85 15393254 15393254 Spain 8,40 69686816 69686816 France 16,32 135448153 135448153 Italy 12,60 104571093 104571093 Cyprus 0,14 1150667 1150667 Latvia 0,14 1132006 1132006 Lithuania 0,22 1802768 1802768 Luxembourg 0,23 1932574 1932574 Hungary 0,79 6547344 6547344 Malta 0,05 381895 381895 Netherlands –665039963 4,81 39929040 –625110923 Austria 2,30 19075737 19075737 Poland 2,94 24373544 24373544 Portugal 1,30 10808653 10808653 Romania 1,02 8471666 8471666 Slovenia 0,28 2356304 2356304 Slovakia 0,55 4553460 4553460 Finland 1,46 12116006 12116006 Sweden –164885941 2,80 23197744 –141688197 United Kingdom 14,08 116869718 116869718 Total –829925904 100,00 829925904 0 Description Coefficient (%) Amount 1. United Kingdom's share (in %) of notional uncapped VAT base 15,3816 2. United Kingdom's share (in %) of enlargement-adjusted total allocated expenditure 8,1222 3. (1) – (2) 7,2593 4. Total allocated expenditure 112118871234 5. Enlargement-related expenditure = (5a + 5b) 25444654082 5a. Pre-accession expenditure 2981845806 5b. Expenditure related to Article 4(1)(g) 22462808276 6. Enlargement-adjusted total allocated expenditure = (4) – (5) 86674217152 7. United Kingdom's correction original amount = (3) × (6) × 0,66 4152698471 8. United Kingdom's advantage 1046923607 9. Core United Kingdom's correction = (7) – (8) 3105774864 10. Windfall gains deriving from traditional own resources 26548215 11. Correction for the United Kingdom = (9) – (10) 3079226649 According to Article 4(2) of Decision 2007/436/EC, Euratom, during the period 2007-2013 the additional contribution of the United Kingdom resulting from the reduction of allocated expenditure by the expenditure related to enlargement as referred to in paragraph (1)(g) of that Article shall not exceed EUR 10500000000, measured in 2004 prices. The corresponding figures are set out in the table below. 2007-2012 UK corrections Difference in original amount in reference to EUR 10,5 billion threshold (ORD 2007 vs. ORD 2000), in EUR Difference in current prices Difference in constant 2004 prices (A) 2007 UK correction 0 0 (B) 2008 UK correction –299990334 –278238906 (C) 2009 UK correction –1349647274 –1270060542 (D) 2010 UK correction –2280386723 –2106891926 (E) 2011 UK correction n/a n/a (F) 2012 UK correction n/a n/a (G) Sum of differences = (A) + (B) + (C) + (D) + (E) + (F) –3930024332 –3655191375 Member State Percentage share of GNI base Shares without the United Kingdom Shares without Germany, the Netherlands, Austria, Sweden and the United Kingdom Three quarters of the share of Germany, the Netherlands, Austria and Sweden in column 2 Column 4 distributed in accordance with column 3 Financing scale Financing scale applied to the correction (1) (2) (3) (4) (5) (6) = (2) + (4) + (5) (7) Belgium 2,88 3,36 5,18 1,37 4,72 145448571 Bulgaria 0,28 0,32 0,50 0,13 0,45 13998429 Czech Republic 1,12 1,30 2,00 0,53 1,83 56242158 Denmark 1,95 2,27 3,50 0,92 3,20 98420257 Germany 20,33 23,66 0,00 –17,75 0,00 5,92 182159254 Estonia 0,11 0,13 0,20 0,05 0,18 5533646 Ireland 1,06 1,23 1,90 0,50 1,74 53466849 Greece 1,85 2,16 3,33 0,88 3,04 93544788 Spain 8,40 9,77 15,08 3,98 13,75 423486700 France 16,32 19,00 29,31 7,74 26,73 823118270 Italy 12,60 14,67 22,63 5,97 20,64 635478409 Cyprus 0,14 0,16 0,25 0,07 0,23 6992600 Latvia 0,14 0,16 0,24 0,06 0,22 6879197 Lithuania 0,22 0,25 0,39 0,10 0,36 10955418 Luxembourg 0,23 0,27 0,42 0,11 0,38 11744250 Hungary 0,79 0,92 1,42 0,37 1,29 39788199 Malta 0,05 0,05 0,08 0,02 0,08 2320773 Netherlands 4,81 5,60 0,00 –4,20 0,00 1,40 43106902 Austria 2,30 2,68 0,00 –2,01 0,00 0,67 20593930 Poland 2,94 3,42 5,27 1,39 4,81 148117997 Portugal 1,30 1,52 2,34 0,62 2,13 65684174 Romania 1,02 1,19 1,83 0,48 1,67 51482303 Slovenia 0,28 0,33 0,51 0,13 0,47 14319254 Slovakia 0,55 0,64 0,99 0,26 0,90 27671369 Finland 1,46 1,70 2,62 0,69 2,39 73628953 Sweden 2,80 3,25 0,00 –2,44 0,00 0,81 25043999 United Kingdom 14,08 0,00 0,00 0,00 0,00 0 Total 100,00 100,00 100,00 –26,39 26,39 100,00 3079226649 The calculations are made to 15 decimal places. Member State Traditional own resources (TOR) VAT and GNI-based own resources, including adjustments Total own resources Net sugar sector levies (75 %) Net customs duties (75 %) Total net traditional own resources (75 %) Collection costs (25 % of gross TOR) (p.m.) VAT-based own resource GNI-based own resource Reduction in favour of Netherlands and Sweden United Kingdom correction Total national contributions Share in total national contributions (%) (1) (2) (3) = (1) + (2) (4) (5) (6) (7) (8) (9) = (5) + (6) + (7) + (8) (10) (11) = (3) + (9) Belgium 6600000 1512400000 1519000000 506333333 447056400 2595586001 23934277 145448571 3212025249 3,09 4731025249 Bulgaria 400000 55400000 55800000 18600000 50039700 249807385 2303510 13998429 316149024 0,30 371949024 Czech Republic 3400000 193300000 196700000 65566667 198357600 1003663052 9254923 56242158 1267517733 1,22 1464217733 Denmark 3400000 318500000 321900000 107300000 288014100 1756347548 16195537 98420257 2158977442 2,08 2480877442 Germany 26300000 3403800000 3430100000 1143366662 1617919650 18298202749 168730393 182159254 20267012046 19,53 23697112046 Estonia 0 16800000 16800000 5600000 20176800 98750061 910589 5533646 125371096 0,12 142171096 Ireland 0 178200000 178200000 59400000 199435200 954136602 8798233 53466849 1215836884 1,17 1394036884 Greece 1400000 155000000 156400000 52133334 320616300 1669342922 15393254 93544788 2098897264 2,02 2255297264 Spain 4700000 1056600000 1061300000 353766667 1194082200 7557283918 69686816 423486700 9244539634 8,91 10305839634 France 30900000 1357500000 1388400000 462800000 2687302500 14688863833 135448153 823118270 18334732756 17,67 19723132756 Italy 4700000 1795300000 1800000000 600000000 1865228700 11340357954 104571093 635478409 13945636156 13,44 15745636156 Cyprus 0 33200000 33200000 11066667 26082900 124785643 1150667 6992600 159011810 0,15 192211810 Latvia 0 21100000 21100000 7033333 20254500 122761929 1132006 6879197 151027632 0,15 172127632 Lithuania 800000 47900000 48700000 16233334 40864500 195503678 1802768 10955418 249126364 0,24 297826364 Luxembourg 0 12300000 12300000 4100000 43806900 209580689 1932574 11744250 267064413 0,26 279364413 Hungary 2000000 112200000 114200000 38066667 130727400 710035803 6547344 39788199 887098746 0,85 1001298746 Malta 0 10100000 10100000 3366667 8656650 41415089 381895 2320773 52774407 0,05 62874407 Netherlands 7300000 2039100000 2046400000 682133333 297167000 4330160684 –625110923 43106902 4045323663 3,90 6091723663 Austria 3200000 168100000 171300000 57100000 292646475 2068694869 19075737 20593930 2401011011 2,31 2572311011 Poland 12800000 379500000 392300000 130766667 552490800 2643222934 24373544 148117997 3368205275 3,25 3760505275 Portugal 200000 131300000 131500000 43833334 245006700 1172159479 10808653 65684174 1493659006 1,44 1625159006 Romania 1000000 142300000 143300000 47766667 145281600 918721609 8471666 51482303 1123957178 1,08 1267257178 Slovenia 0 78800000 78800000 26266667 53411850 255532629 2356304 14319254 325620037 0,31 404420037 Slovakia 1400000 93400000 94800000 31600000 79764600 493806280 4553460 27671369 605795709 0,58 700595709 Finland 800000 138000000 138800000 46266667 241236300 1313937142 12116006 73628953 1640918401 1,58 1779718401 Sweden 2600000 450300000 452900000 150966667 153822000 2515711736 –141688197 25043999 2552889538 2,46 3005789538 United Kingdom 9500000 2753300000 2762800000 920933334 2567350200 12674099504 116869718 –3079226649 12279092773 11,83 15041892773 Total 123400000 16653700000 16777100000 5592366667 13786799525 90002471722 0 0 103789271247 100,00 120566371247 Title Heading Budget 2011 Amending budget No 2/2011 New amount 1 OWN RESOURCES 125105765530 –4539394283 120566371247 3 SURPLUSES, BALANCES AND ADJUSTMENTS p.m. 4539394283 4539394283 4 REVENUE ACCRUING FROM PERSONS WORKING WITH THE INSTITUTIONS AND OTHER UNION BODIES 1180425515 1180425515 5 REVENUE ACCRUING FROM THE ADMINISTRATIVE OPERATION OF THE INSTITUTIONS 57294000 57294000 6 CONTRIBUTIONS AND REFUNDS IN CONNECTION WITH UNION/COMMUNITY AGREEMENTS AND PROGRAMMES 30000000 30000000 7 INTEREST ON LATE PAYMENTS AND FINES 123000000 123000000 8 BORROWING AND LENDING OPERATIONS 438717 438717 9 MISCELLANEOUS REVENUE 30210000 30210000 Total 126527133762 126527133762 Title Chapter Heading Budget 2011 Amending budget No 2/2011 New amount 1 1 LEVIES AND OTHER DUTIES PROVIDED FOR UNDER THE COMMON ORGANISATION OF THE MARKETS IN SUGAR (ARTICLE 2(1)(a) OF DECISION 2007/436/EC, EURATOM) 123400000 123400000 1 2 CUSTOMS DUTIES AND OTHER DUTIES REFERRED TO IN ARTICLE 2(1)(a) OF DECISION 2007/436/EC, EURATOM 16653700000 16653700000 1 3 OWN RESOURCES ACCRUING FROM VALUE ADDED TAX PURSUANT TO ARTICLE 2(1)(b) OF DECISION 2007/436/EC, EURATOM 13786799525 13786799525 1 4 OWN RESOURCES BASED ON GROSS NATIONAL INCOME PURSUANT TO ARTICLE 2(1)(c) OF DECISION 2007/436/EC, EURATOM 94541866005 –4539394283 90002471722 1 5 CORRECTION OF BUDGETARY IMBALANCES 0 0 1 6 GROSS REDUCTION IN THE ANNUAL GNI-BASED CONTRIBUTION GRANTED TO THE NETHERLANDS AND SWEDEN 0 0 Title 1 — Total 125105765530 –4539394283 120566371247 Title Chapter Article Item Heading Budget 2011 Amending budget No 2/2011 New amount 1 4OWN RESOURCES BASED ON GROSS NATIONAL INCOME PURSUANT TO ARTICLE 2(1)(C) OF DECISION 2007/436/EC, EURATOM 1 4 0 Own resources based on gross national income pursuant to Article 2(1)(c) of Decision 2007/436/EC, Euratom 94541866005 –4539394283 90002471722 Chapter 1 4 — Total 94541866005 –4539394283 90002471722 Budget 2011 Amending budget No 2/2011 New amount 94541866005 –4539394283 90002471722 Remarks The GNI-based resource is an additional resource, providing the revenue required to cover expenditure in excess of the amount yielded by traditional own resources, VAT-based payments and other revenue in any particular year. By implication, the GNI-based resource ensures that the general budget of the European Union is always balanced ex ante. The GNI call rate is determined by the additional revenue needed to finance the budgeted expenditure not covered by the other resources (VAT-based payments, traditional own resources and other revenue). Thus a call rate is applied to the GNI of each of the Member States. The rate to be applied to the Member States' gross national income for this financial year is 0,7176 %. Legal basis Council Decision 2007/436/EC, Euratom of 7 June 2007 on the system of the European Communities' own resources (OJ L 163, 23.6.2007, p. 17), and in particular Article 2(1)(c) thereof. Member State Budget 2011 Amending budget No 2/2011 New amount Belgium 2726497830 –130911829 2595586001 Bulgaria 262406752 –12599367 249807385 Czech Republic 1054284132 –50621080 1003663052 Denmark 1844931271 –88583723 1756347548 Germany 19221096928 –922894179 18298202749 Estonia 103730652 –4980591 98750061 Ireland 1002259749 –48123147 954136602 Greece 1753538451 –84195529 1669342922 Spain 7938445577 –381161659 7557283918 France 15429716203 –740852370 14688863833 Italy 11912323979 –571966025 11340357954 Cyprus 131079372 –6293729 124785643 Latvia 128953590 –6191661 122761929 Lithuania 205364166 –9860488 195503678 Luxembourg 220151170 –10570481 209580689 Hungary 745847402 –35811599 710035803 Malta 43503914 –2088825 41415089 Netherlands 4548558093 –218397409 4330160684 Austria 2173032244 –104337375 2068694869 Poland 2776537395 –133314461 2643222934 Portugal 1231278900 –59119421 1172159479 Romania 965058554 –46336945 918721609 Slovenia 268420757 –12888128 255532629 Slovakia 518712057 –24905777 493806280 Finland 1380207308 –66270166 1313937142 Sweden 2642595001 –126883265 2515711736 United Kingdom 13313334558 –639235054 12674099504 Article 1 4 0 — Total 94541866005 –4539394283 90002471722 Title Chapter Heading Budget 2011 Amending budget No 2/2011 New amount 3 0 SURPLUS AVAILABLE FROM THE PRECEDING FINANCIAL YEAR p.m. 4539394283 4539394283 3 1 BALANCES AND ADJUSTMENT OF BALANCES BASED ON VAT FOR THE PREVIOUS FINANCIAL YEARS AS A RESULT OF THE APPLICATION OF ARTICLE 10(4), (5) AND (8) OF REGULATION (EC, EURATOM) No 1150/2000 p.m. p.m. 3 2 BALANCES AND ADJUSTMENTS OF BALANCES BASED ON GROSS NATIONAL INCOME/PRODUCT FOR THE PREVIOUS FINANCIAL YEARS AS A RESULT OF THE APPLICATION OF ARTICLE 10(6), (7) AND (8) OF REGULATION (EC, EURATOM) No 1150/2000 p.m. p.m. 3 4 ADJUSTMENT RELATING TO THE NON-PARTICIPATION OF CERTAIN MEMBER STATES IN CERTAIN POLICIES IN THE AREA OF FREEDOM, SECURITY AND JUSTICE p.m. p.m. 3 5 RESULT OF THE DEFINITIVE CALCULATION OF THE FINANCING OF THE CORRECTION OF BUDGETARY IMBALANCES FOR THE UNITED KINGDOM p.m. p.m. 3 6 RESULT OF INTERMEDIATE UPDATES OF THE CALCULATION OF THE FINANCING OF THE CORRECTION OF BUDGETARY IMBALANCES FOR THE UNITED KINGDOM p.m. p.m. 3 7 ADJUSTMENT RELATING TO THE IMPLEMENTATION OF DECISION 2007/436/EC, EURATOM — — Title 3 — Total p.m. 4539394283 4539394283 Title Chapter Article Item Heading Budget 2011 Amending budget No 2/2011 New amount 3 0SURPLUS AVAILABLE FROM THE PRECEDING FINANCIAL YEAR 3 0 0 Surplus available from the preceding financial year p.m. 4539394283 4539394283 3 0 2 Surplus own resources resulting from repayment of the surplus from the Guarantee Fund for external actions p.m. p.m. Chapter 3 0 — Total p.m. 4539394283 4539394283 Budget 2011 Amending budget No 2/2011 New amount p.m. 4539394283 4539394283 Remarks Article 15 of the Financial Regulation states that the balance from each financial year, whether surplus or deficit, is entered as revenue or expenditure in the budget of the subsequent financial year. The relevant estimates of such revenue or expenditure are entered in the budget during the budgetary procedure and, where appropriate, in a letter of amendment submitted pursuant to Article 34 of the Financial Regulation. They are drawn up in accordance with the principles set out in Article 15 of Regulation (EC, Euratom) No 1150/2000. After the closure of the accounts for each financial year, any discrepancy in relation to the estimates is entered in the budget for the following financial year through an amending budget that must be presented by the Commission within 15 days following the submission of the provisional accounts. A deficit is entered in Article 27 02 01 of the statement of expenditure of Section III Commission. Legal basis Council Regulation (EC, Euratom) No 1150/2000 of 22 May 2000 implementing Decision 2007/436/EC, Euratom on the system of the European Communities' own resources (OJ L 130, 31.5.2000, p. 1). Council Regulation (EC, Euratom) No 1605/2002 of 25 June 2002 on the Financial Regulation applicable to the general budget of the European Communities (OJ L 248, 16.9.2002, p. 1), and in particular Article 15 thereof. Council Decision 2007/436/EC, Euratom of 7 June 2007 on the system of the European Communities' own resources (OJ L 163, 23.6.2007, p. 17), and in particular Article 7 thereof.

Versions

1. 2011-07-05