On 16 April 2012, the Commission submitted to the Council draft amending budget (DAB) No 3 to the general budget for 2012 concerning the budgeting of the surplus resulting from the implementation of the budget year 2011.
The implementation of the budget year 2011 shows a surplus of EUR 1 496 968 014.23 resulting from:
(a) an over-registering in revenue (+ EUR 671 295 282.08).
The breakdown of the outturn on income by revenue title is the following (in million EUR):
- Title 1 (own resources): - EUR 125
- Title 5 (revenue in connection with the administrative operation of the Institutions: + EUR 152
- Title 6 (revenue in connection with EU agreements and programmes): + EUR 150
- Title 7 (interest on late payments and fines): + EUR 450
- Other titles: + EUR 44
(b) an under-spending of payment appropriations (+ EUR 728 260 941.10) of which (in million EUR):
- under-implementation of appropriations authorised in 2011 budget: Commission: + EUR 375
- under-implementation of appropriations authorised in 2011 budget: other Institutions: + EUR 182
- under-implementation of appropriations carried over from 2010: headings 1 to 4 (Commission) + EUR 98
- under-implementation of appropriations carried over from 2010: administration heading 5 (all Institutions) + EUR 73
(c) a positive balance of monetary exchange (+ EUR 97 411 791.05).
The budgeting of this surplus will diminish accordingly the global contribution of Member States to the financing of the EU budget.
On 11 June 2012, the Council adopted its position on draft amending budget No 3 of the European Union for the financial year 2012 as set out in the technical annex to this explanatory memorandum.