31.10.2008

Official Journal of the European Union

C 277/1

FINAL ACCOUNTS FOR THE FINANCIAL YEAR 2007 OF THE 7th, 8th AND 9th EUROPEAN DEVELOPMENT FUNDS

(2008/C 277/01)

TABLE OF CONTENTS

1.	FINANCIAL STATEMENTS

1.1.	European Development Fund

1.2.	Financial statements

1.3.	Notes to the financial statements

1.4.	Off balance sheet items

2.	REPORT ON FINANCIAL IMPLEMENTATION

2.1.	Allocations at 31.12.2007

2.2.	Aggregated accounts

2.3.	Situation by country and by instrument

2.4.	Other management information

3.	FINANCIAL INFORMATION EIB

3.1.	Income statement investment facility

3.2.	Balance sheet investment facility

3.3.	Cash flow statement investment facility

3.4.	Statement of changes in equity investment facility

3.5.	Notes to the financial statements

4.	APPENDIX — Situation by country and by instrument

1. FINANCIAL STATEMENTS

1.1. EUROPEAN DEVELOPMENT FUND

The European Development Fund (EDF) is the main instrument for providing community aid for development cooperation in the African, Caribbean and Pacific (ACP) States and Overseas Countries and Territories (OCTs). The 1957 Treaty of Rome made provision for its creation with a view to granting technical and financial assistance, initially to African countries which at that time were still colonised and with which some Member States had historical links.

Even though a heading has been reserved for the Fund in the Community budget since 1993 following a request by the European Parliament, the EDF does not yet come under the Community's general budget. It is funded by the Member States, is subject to its own financial rules and is managed by a specific committee. The geographic aid granted to ACP States and OCTs will continue to be mainly funded by the EDF for the period 2008-2013.

Each EDF is concluded for a period of around five years. Since the conclusion of the first partnership convention in 1964, the EDF cycles have generally followed the partnership agreement/convention cycles. The present 9th EDF will expire on the entry into force of the 10th EDF during 2008. Council decision 2007/792/EC (1) of 26 November 2007 establishes a transitory period for the prolongation of the 9th EDF from 1st January 2008 until the entry into force of the 10th EDF. Each EDF is governed by its own Financial Regulation which imposes the preparation of financial statements for each individual EDF. Accordingly, financial statements are prepared separately for each EDF in respect of the part that is managed by the European Commission. These financial statements are also presented in an aggregated way so as to provide a global view of the financial situation of the resources for which the European Commission is responsible.

Given the clear division of responsibilities set out in Article 1 of the 9th EDF Financial Regulation (2), the financial statements of the Commission and the European Investment Bank — the entities entrusted with the management of EDF resources — have not been consolidated.

1.1.1. CLOSURE OF THE 6th EDF

Given the state of progress of the 6th EDF, the Authorising Officer decided to close this fund on 31st July 2006. In the absence of a legal basis for the closure of EDFs, the balance remaining was transferred to the 9th EDF according to the provisions of Part 3 of the Financial regulation applicable to the 9th EDF.

1.1.2. PRESENTATION OF ANNUAL ACCOUNTS

The annual accounts for 2007 are presented as follows:

—	The financial statements

—	The reports on financial implementation

—	The financial statements and information supplied by the European Investment Bank (EIB)

1.2. FINANCIAL STATEMENTS

BALANCE SHEET FOR THE 7th, 8th AND 9th EDF

(EUR million)
	Notes	31.12.2007	31.12.2006
CURRENT ASSETS
Receivables	1	8,50	216,83
Net Pre-financing	2	955,52	2 808,88
Other current assets	3	– 2,65	0,95
Cash and cash equivalents		388,22	291,50
STABEX security accounts	5	99,61	191,60
RD Congo special fund	6	3,36	3,42
Cash at bank	7	285,24	96,48
Total assets		1 349,58	3 318,17
CURRENT LIABILITIES
Payables	8	703,98	2 095,86
Total liabilities		703,98	2 095,86
Net assets		645,60	1 222,31
FUNDS & RESERVES
Called fund capital	9	25 019,17	29 900,00
Results carried forward from previous years		– 22 410,59	– 26 787,49
Result for the year		– 3 255,88	– 2 924,04
Reserves	10	1 292,89	1 033,84
Net assets		645,60	1 222,31

ECONOMIC OUTTURN ACCOUNT FOR THE 7th, 8th AND 9th EDF

(EUR million)
	Notes	Cash basis expenditure 2007	Accrual adjustments	Accrual basis expenditure 2007	Accrual basis expenditure 2006
Operating interest	1.1	0,02		0,02	0,06
OPERATING REVENUE (1)		0,02		0,02	0,06
Programmable aid		495,57	141,96	637,53	749,57
Macro-economic support		421,36	5,23	426,59	407,82
Sectoral policy		1 211,70	– 62,84	1 148,85	911,24
Intra ACP Projects		277,97	103,69	381,66	339,36
Interest-rate subsidies		0,95		0,95	1,20
Emergency aid		153,00	1,80	154,81	130,12
Refugee aid		1,31	– 6,89	– 5,58	6,68
Risk Capital		57,81		57,81	63,11
STABEX		98,37		98,37	189,52
Sysmin		23,36	8,22	31,58	29,80
Transfers from former EDFs		6,18	– 1,36	4,82	15,16
Structural adjustment		0,02	– 6,31	– 6,30	0,89
Debt relief -HIPC and World Bank		– 12,62	192,49	179,87	17,42
Institutional Support		42,40	– 11,99	30,41	32,34
Compensation export receipts		57,63	26,28	83,91	52,82
R.D. Congo Fund		0,19	17,06	17,25	– 13,39
Operating expenses		2 835,19	407,33	3 242,52	2 933,67
Administrative and financial expenses	11	38,78	– 7,10	31,68	23,79
Total Expenses (cash basis)	12	2 873,97
Accrual adjustments	13	399,89		– 0,34	– 0,14
TOTAL EXPENSES/Accrual basis (2)	14	3 273,86		3 273,86	2 957,31
SURPLUS/(DEFICIT) FROM OPERATING ACTIVITIES (2-1)		3 273,83		3 273,83	2 957,26
Financial revenue	15	18,65		18,65	31,61
Financial expenses	16	– 0,34		– 0,34	– 0,14
Impairment of receivables	1.6	– 0,35		– 0,35	1,75
Surplus/(deficit) from financial activities (3)		17,96		17,96	33,22
ECONOMIC RESULT (1-2+3)		– 3 255,88		– 3 255,88	– 2 924,04 (3)

CASH FLOW STATEMENT FOR THE 7th, 8th AND 9th EDF

(EUR million)
	Notes	31.12.2007	31.12.2006
Economic result		– 3 255,88	– 2 924,04
Impairment of receivables	1.6	0,35	– 1,75
Financial revenue adjustment	15	– 0,11	0,07
Operational revenue adjustment	1.1	2,88	0,04
Accrual adjustments	13	399,89	195,39
Financial expenses	16	0,34	0,14
Bank charges to be refund	1	0,02	– 0,04
Decrease in advances for study grants and other current assets	3 & 2.2	3,81	2,73
Cash flows from operating activities		– 2 848,69	– 2 727,46
Contributions from member states		2 886,76	2 525,82
Cash flows from financing activities		2 886,76	2 525,82
Net increase/decrease in cash and cash equivalents		38,07	– 201,64
Treasury balance at beginning of period	7	96,48	270,55
Stabex security accounts at beginning of period	5	191,60	371,88
Congo Account	6	3,42	19,67
SWIFT Account	8.2	49,73	– 119,23
Cash and cash equivalent at beginning of period		341,23	542,87
Treasury balance at end of period	7	285,24	96,48
Stabex security accounts at end of period	5	99,61	191,60
Congo Account	6	3,36	3,42
SWIFT Account	8.2	– 8,92	49,73
Cash and cash equivalent at end of period		379,30	341,23

STATEMENT OF CHANGES IN NET ASSETS FOR THE 7th, 8th AND 9th EDF

(EUR million)
	Fund Capital	Uncalled Funds	Called funds capital	Cumulative reserves	Reserves	Total Net Assets
	(a)	(b)	(c)=(a)–(b)	(e)	(d)	(h)=(e)+(d)+(c)
Notes	9	9	9		10
Closing balance 2005	42 877,15	15 487,15	27 390,00	– 26 787,49	1 033,84	1 636,35
Contributions		– 2 510,00	2 510,00			2 510,00
Capital increase	122,00	122,00
Transfers from former EDF
Economic result				– 2 924,04		– 2 924,04
Closing balance 2006	42 999,15	13 099,15	29 900,00	– 29 711,53	1 033,84	1 222,31
Contributions		– 2 640,00	2 640,00			2 640,00
Capital increase	40,17	1,00	39,17			39,17
Transfers from former EDF
Economic result				– 3 255,88		– 3 255,88
Closure of 6th EDF	– 7 560,00		– 7 560,00	7 300,94	259,06	0,00
Closing balance 2007	35 479,32	10 460,15	25 019,17	– 25 666,46	1 292,89	645,60

7th EDF BALANCE SHEET

(EUR million)
	Notes	31.12.2007	31.12.2006
CURRENT ASSETS
Receivables	1	2,12	17,06
Net Pre-financing	2	75,36	203,75
Other current assets	3
Liaison accounts	4	2 279,31	2 279,31
Cash and cash equivalents
STABEX security accounts	5
RD Congo special fund	6
Cash at bank	7
Total assets		2 356,78	2 500,12
CURRENT LIABILITIES
Payables	8	19,59	92,62
Liaison accounts	4	2 037,08	1 868,50
Total liabilities		2 056,67	1 961,12
Net assets		300,11	539,00
FUNDS & RESERVES
Called fund capital	9	10 940,00	10 940,00
Results carried forward from previous years		– 9 715,19	– 9 527,36
Result for the year		– 166,97	– 187,83
Reserves	10	– 757,73	– 685,81
Net assets		300,11	539,00

7th EDF ECONOMIC OUTTURN ACCOUNT

(EUR million)
	Notes	Cash basis expenditure 2007	Accrual adjustments	Accrual basis expenditure 2007	Accrual basis expenditure 2006
Operating interest	1.1
OPERATING REVENUE (1)
Programmable aid		63,04	61,52	124,56	105,55
Macro-economic support
Sectoral policy
Intra ACP Projects					8,67
Interest-rate subsidies		– 0,49		– 0,49	– 0,01
Emergency aid		0,00	0,28	0,28	– 0,21
Refugee aid			0,28	0,28	– 0,66
Risk Capital		5,28		5,28	5,46
STABEX		8,23		8,23	51,71
Sysmin		20,21	6,80	27,01	16,59
Transfers from former EDFs		0,39	3,17	3,56	0,46
Structural adjustment			– 6,62	– 6,62	0,03
Debt relief -HIPC and World Bank			4,96	4,96	0,06
Institutional Support
Compensation export receipts
R.D. Congo Fund
Operating expenses		96,66	70,39	167,05	187,66
Administrative and financial expenses	11
Total Expenses (cash basis)	12	96,66
Accrual adjustments	13	70,39
TOTAL EXPENSES/Accrual basis (2)	14	167,05		167,05	187,66
SURPLUS/(DEFICIT) FROM OPERATING ACTIVITIES (2-1)		167,05		167,05	187,66
Financial revenue	15
Financial expenses	16
Impairment of receivables	1.6	0,08		0,08	– 0,18
Surplus/(deficit) from financial activities (3)		0,08		0,08	– 0,18
ECONOMIC RESULT (1-2+3)		– 166,97		– 166,97	– 187,83

STATEMENT OF CHANGES IN NET ASSETS FOR THE 7th EDF

(EUR million)
	Fund Capital	Uncalled Funds	Called funds capital	Cumulative reserves	Reserves	Total Net Assets
	(a)	(b)	(c)=(a)-(b)	(e)	(d)	(h)=(e)+(d)+(c)
Notes	9	9	9		10
Closing balance 2005	10 940,00	0,00	10 940,00	– 9 527,36	– 559,14	853,50
Contributions
Capital increase
Transfers to 9th EDF					– 126,67	– 126,67
Economic result				– 187,83		– 187,83
Closing balance 2006	10 940,00	0,00	10 940,00	– 9 715,19	– 685,81	539,00
Contributions
Capital increase
Transfers to 9th FED					– 71,91	– 71,91
Economic result				– 166,97		– 166,97
Closing balance 2007	10 940,00	0,00	10 940,00	– 9882,16	– 757,73	300,11

8th EDF BALANCE SHEET

(EUR million)
	Notes	31.12.2007	31.12.2006
CURRENT ASSETS
Receivables	1	2,64	70,61
Net Pre-financing	2	126,98	888,93
Other current assets	3
Liaison accounts	4	3 301,13	2 450,58
Cash and cash equivalents
STABEX security accounts	5
RD Congo special fund	6
Cash at bank	7
Total assets		3 430,74	3 410,12
CURRENT LIABILITIES
Payables	8	124,35	651,73
Liaison accounts	4	2 065,45	2 065,45
Total liabilities		2 189,80	2 717,19
Net assets		1 240,94	692,93
FUNDS & RESERVES
Called fund capital	9	12 840,00	11 295,00
Results carried forward from previous years		– 8 724,21	– 7 851,95
Result for the year		– 779,79	– 872,26
Reserves	10	– 2 095,06	– 1 877,85
Net assets		1 240,94	692,93

8th EDF ECONOMIC OUTTURN ACCOUNT

(EUR million)
	Notes	Cash basis expenditure 2007	Accrual adjustments	Accrual basis expenditure 2007	Accrual basis expenditure 2006
Operating interest	1.1
OPERATING REVENUE (1)
Programmable aid		298,39	95,13	393,52	575,43
Macro-economic support		1,73	1,06	2,79	13,07
Sectoral policy		18,83	2,12	20,95	23,21
Intra ACP Projects
Interest-rate subsidies		1,45		1,45	1,21
Emergency aid		– 0,15		– 0,15	0,98
Refugee aid		1,31	– 7,17	– 5,86	7,29
Risk Capital		52,52		52,52	57,65
STABEX		90,14		90,14	137,80
Sysmin		3,15	1,42	4,57	13,17
Transfers from former EDFs
Structural adjustment		0,02	0,31	0,32	0,86
Debt relief -HIPC and World Bank		– 14,22	187,53	173,31	15,36
Institutional Support
Compensation export receipts		29,51	19,98	49,49	30,80
R.D. Congo Fund
Operating expenses		482,67	300,37	783,04	876,83
Administrative and financial expenses	11	0,75	1,20	1,95	4,64
Total Expenses (cash basis)	12	483,42
Accrual adjustments	13	301,57
TOTAL EXPENSES/Accrual basis (2)	14	784,99		784,99	881,47
SURPLUS/(DEFICIT) FROM OPERATING ACTIVITIES (2-1)		784,99		784,99	881,47
Financial revenue	15	6,18		6,18	9,13
Financial expenses	16
Impairment of receivables	1.6	– 0,97		– 0,97	0,08
Surplus/(deficit) from financial activities (3)		5,20		5,20	9,20
ECONOMIC RESULT (1-2+3)		– 779,79		– 779,79	– 872,26

STATEMENT OF CHANGES IN NET ASSETS FOR THE 8th EDF

(EUR million)
	Fund Capital	Uncalled Funds	Called funds capital	Cumulative reserves	Reserves	Total Net Assets
	(a)	(b)	(c)=(a)-(b)	(e)	(d)	(h)=(e)+(d)+(c)
Notes	9	9	9		10
Closing balance 2005	12 840,00	4 055,00	8 785,00	– 7 851,95	– 1 603,43	– 670,38
Contributions		– 2 510,00	2 510,00			2 510,00
Capital increase
Transfers to 9th EDF					– 274,42	– 274,42
Economic result				– 872,26		– 872,26
Closing balance 2006	12 840,00	1 545,00	11 295,00	– 8 724,21	– 1 877,85	692,93
Contributions		– 1 545,00	1 545,00			1 545,00
Capital increase
Transfers to 9th EDF					– 217,21	– 217,21
Economic result				– 779,79		– 779,79
Closing balance 2007	12 840,00	0,00	12 840,00	– 9 504,00	– 2 095,06	1 240,94

9th EDF BALANCE SHEET

(EUR million)
	Notes	31.12.2007	31.12.2006
CURRENT ASSETS
Receivables	1	3,75	129,17
Net Pre-financing	2	753,18	1 716,20
Other current assets	3	– 2,65	0,95
Liaison accounts	4	2 037,08	1 868,50
Cash and cash equivalents		388,22	291,50
STABEX security accounts	5	99,61	191,60
RD Congo special fund	6	3,36	3,42
Cash at bank	7	285,24	96,48
Total assets		3 179,57	4 006,32
CURRENT LIABILITIES
Payables	8	560,05	1 351,51
Liaison accounts	4	3 514,98	2 664,43
Total liabilities		4 075,03	4 015,94
Net assets		– 895,45	– 9,62
FUNDS & RESERVES
Called fund capital	9	1 239,17	105,00
Results carried forward from previous years		– 3 971,18	– 2 117,60
Result for the year		– 2 309,12	– 1 853,59
Reserves	10	4 145,68	3 856,56
Net assets		– 895,45	– 9,62

9th EDF ECONOMIC OUTTURN ACCOUNT

(EUR million)
	Notes	Cash basis expenditure 2007	Accrual adjustments	Accrual basis expenditure 2007	Accrual basis expenditure 2006
Operating interest	1.1	0,02		0,02	0,06
OPERATING REVENUE (1)		0,02		0,02	0,06
Programmable aid		134,14	– 14,69	119,44	56,78
Macro-economic support		419,63	4,17	423,80	394,75
Sectoral policy		1 192,87	– 64,96	1 127,91	888,03
Intra ACP Projects		277,97	103,69	381,66	328,96
Interest-rate subsidies
Emergency aid		153,16	1,52	154,68	129,35
Refugee aid
Risk Capital
STABEX
Sysmin
Transfers from former EDFs		5,79	– 4,53	1,26	14,49
Structural adjustment
Debt relief -HIPC and World Bank		1,60		1,60	2,00
Institutional Support		42,40	– 11,99	30,41	32,34
Compensation export receipts		28,12	6,30	34,42	22,02
R.D. Congo Fund		0,19	17,06	17,25	– 13,39
Operating expenses		2 255,86	36,58	2 292,43	1 855,34
Administrative and financial expenses	11	38,03	– 8,30	29,73	19,15
Total Expenses (cash basis)	12	2 293,89
Accrual adjustments	13	27,93		– 0,34	– 0,14
TOTAL EXPENSES/Accrual basis (2)	14	2 321,82		2 321,82	1 874,34
SURPLUS/(DEFICIT) FROM OPERATING ACTIVITIES (2-1)		2 321,80		2 321,80	1 874,29
Financial revenue	15	12,47		12,47	22,49
Financial expenses	16	– 0,34		– 0,34	– 0,14
Impairment of receivables	1.6	0,54		0,54	– 1,65
Surplus/(deficit) from financial activities (3)		12,67		12,67	20,70
ECONOMIC RESULT (1-2+3)		– 2 309,12		– 2 309,12	– 1 853,59

STATEMENT OF CHANGES IN NET ASSETS FOR THE 9th EDF

(EUR million)
	Fund Capital	Uncalled Funds	Called funds capital	Cumulative reserves	Reserves	Total Net Assets
	(a)	(b)	(c)=(a)-(b)	(e)	(d)	(h)=(e)+(d)+(c)
Notes	9	9	9		10
Closing balance 2005	11 537,15	11 432,15	105,00	– 2 117,60	3 379,41	1 366,81
Contributions
Capital increase	122,00	122,00
Transfers from other EDF					477,15	477,15
Economic result				– 1 853,59		– 1 853,59
Closing balance 2006	11 659,15	11 554,15	105,00	– 3 971,18	3 856,56	– 9,62
Contributions		– 1 095,00	1 095,00			1 095,00
Capital increase	40,17	1,00	39,17			39,17
Transfers from other EDF					289,12	289,12
Economic result				– 2 309,12		– 2 309,12
Closing balance 2007	11 699,32	10 460,15	1 239,17	– 6 280,30	4 145,68	– 895,45

1.3. NOTES TO THE FINANCIAL STATEMENTS

1.3.1. ACCOUNTING POLICIES

1.3.1.1. Legal provisions and the financial regulation

The financial statements were drawn up in accordance with the Financial Regulation applicable to the 9th European Development Fund (4) (EDF).

The relevant documents must be presented to the Court of Auditors as provided for in Articles 69, 70 and 71 of the Financial Regulation applicable to the 7th EDF (5), Articles 66, 67 and 68 of the Financial Regulation applicable to the 8th EDF (6) and Articles 102 and 103 of the Financial Regulation applicable to the 9th EDF. Article 102 (9th EDF) stipulates that the Commission shall send the provisional accounts to the Court of Auditors by 31 March of the following year. The Court of Auditors shall in turn make its observations on the accounts known to the Commission by 15 June (Article 103). On the basis of these observations, the Commission approves the final accounts by 31 July and sends them to the European Parliament, the Council and the Court of Auditors. The accounts are then published in the Official Journal by 31 October together with the statement of assurance given by the Court of Auditors in respect of the part of the EDF resources for which the Commission is responsible for financial management.

In accordance with the provisions of article 99 of the 9th EDF Financial Regulation, financial statements are prepared in respect of the principle of accrual based accounting.

The accounting information provided by the present IT accounting system (OLAS) has been adjusted, where necessary, in order to provide figures which comply with accrual accounting principles. Additional information in respect of income and expenditure items has also been provided by the Authorising Officer.

These financial statements have been drafted in conformity with accounting rules and methods for the EDF drawn up on the basis of International Public Sector Accounting Standards (IPSAS) or by default, International Financial Reporting Standards (IFRS) as respectively issued by the International Public Sector Accounting Standard Board (IPSASB) and International Accounting Standard Board (IASB). The rules of valuation and accounting methods adopted by the Accounting Officer of the European Development Fund have been applied in respect of the part of the EDF resources for which the European Commission is responsible for financial management.

1.3.1.2. Accounting principles

The objectives of financial statements are to provide information about the financial position, performance and cash flows of an entity that is useful to a wide range of users. For a public sector entity, the objectives are more specifically to provide information useful for decision making, and to demonstrate the accountability of the entity for the resources entrusted to it.

If they are to present a true and fair view, financial statements must not only supply relevant information to describe the nature and range of the activities, explain how it is financed and supply definitive information on its operations, but do so in a clear and comprehensible manner which allows comparisons between financial years. It is with these goals in mind that the present document has been drawn up.

The accounting system of the European Development Fund comprises general accounts and financial accounts. Both sets of accounts are kept in euro on the basis of the calendar year. The general accounts allow for the preparation of the financial statements as they show all charges and incomes for the financial year and are designed to establish the financial position in the form of a balance sheet at 31 December. The financial accounts give a detailed picture of the use of EDF resources. They are based on the cash accounting principle.

Article 98 of the 9th EDF Financial Regulation sets out the accounting principles to be applied in drawing up the financial statements, as follows:

—	going concern basis;

—

prudence;

—	consistent accounting methods;

—	comparability of information;

—	materiality;

—	no netting;

—	reality over appearance, and

—	accrual-based accounting.

1.3.1.3. Currency and basis for conversion

The financial statements are presented in millions of euros, which is the European Communities' functional and reporting currency. Values in the tables may not add up, due to rounding.

Foreign currency transactions are translated into euros using the exchange rates prevailing at the dates of the underlying transactions.

Year-end balances of monetary assets and liabilities denominated in foreign currencies are converted into euros on the basis of the exchange rates applying on 31 December:

EURO Exchange Rate
31.12.2007	31.12.2006
GBP 0,7148	GBP 0,6743

1.3.2. BALANCE SHEET

1.3.2.1. Receivables

Receivables are carried at original amount less write-down for impairment. A write-down for impairment of receivables is established when there is objective evidence that the EDF will not be able to collect all amounts due according to the original terms of the receivables. The amount of the write-down is the difference between the asset's carrying amount and the recoverable amount, being the present value of expected future cash flows, discounted at the market rate of interest for similar borrowers. The amount for write-down is recognised in the economic outturn account. Also recognised is a general write-down in value of 20 % per year for outstanding recovery orders not already subject to a specific write-down.

1.3.2.2. Pre-financing amounts

Pre-financing is a payment intended to provide the beneficiary with a cash advance, i.e. a float. It may be split into a number of payments over a period defined in the particular pre-financing agreement. The float or advance is repaid or used for the purpose for which it was provided during the period defined in the agreement. If the beneficiary does not incur sufficient eligible expenditure, he has the obligation to return, in whole or in part, the pre-financing advance to the European Development Fund. The amount of the pre-financing is reduced (wholly or partially) by the acceptance of eligible costs and amounts returned.

At year-end outstanding pre-financing amounts are valued at the original amount(s) paid to the beneficiary less: any amounts returned, eligible amounts cleared and the estimated eligible amounts not yet cleared at year-end (see note 2.3).

Guarantees related to pre-financing amounts are disclosed as contingent assets (see point 1.4) and as such they are not accounted for in the financial statements (IPSAS 19).

1.3.2.3. Cash & cash equivalents

Cash and cash equivalents include accounts held with financial institutions in the ACP states and the OCTs, and with financial institutions in the Member States.

For the purpose of the cash flow statement, cash and cash equivalents include the current account with the general budget of the EU presented under accounts payable in the balance sheet (see note 8).

1.3.2.4. Payables

A significant amount of payables of the EDF are not related to the purchase of good or services — instead they are unpaid cost claims from beneficiaries of grants or other funding. They are recorded as payables for the requested amount when the cost claim/request for payment is received and, after verification, accepted as eligible by the relevant financial agents. At this stage they are valued at the accepted and eligible amount.

The EDF has current liabilities for amounts already due to beneficiaries for which no invoices were received at the reporting date. The recognition criteria foresee that a charge is recognised by the EDF for the amount of the estimated payment due for the period, that is to say the portion of the incurred eligible expenses due to the beneficiaries at the reporting date. Material amounts are recognised as an accrued expense (accrued expenditure) on the basis of estimates (e.g. the degree of execution of contracts) provided by the Authorising Officer.

1.3.3. ECONOMIC OUTTURN ACCOUNT

1.3.3.1. Revenue

The only source of income for the funds is derived from interest generated on various cash balances held with commercial Banks (see notes to the accounts) or on late payment of entitlements to the EDF.

1.3.3.2. Expenditure

Expenditure should be recognised in the EDF financial statements as expenditure of the period that the events giving rise to a payment occurred, as long as:

—	A contract has been signed which authorises the payment;

—	Eligibility criteria, if any, have been met by the beneficiary; and,

—	A reasonable estimate of the amount due can be made based on, for example, invoices sent by the beneficiary, degree of execution of contracts etc..

As expenditure incurred by Commission Delegations is not finally entered into the EDF accounts until it has been validated by both the Authorising Officer and the Accounting Officer, any expenditure which was not validated at year end is shown under the heading of ‘unallocated expenses’ on the balance sheet (see table 3).

Cash basis expenditure includes all payment orders executed by the banks up to 31 December 2007.

In order to comply with accrual accounting principles the cash basis expenditure provided by the present IT accounting system (OLAS) has been adjusted with the additional information provided by the Authorising Officer about pre-financing and accrued expenditure.

1.3.4. CONTINGENT ASSETS AND LIABILITIES

1.3.4.1. Contingent assets

A contingent asset is a possible asset that arises from past events and of which the existence will be confirmed only by the occurrence or non-occurrence of one or more uncertain future events not wholly within the control of the European Communities. A contingent asset is disclosed when an inflow of economic benefits or service potential is probable.

Contingent assets are assessed continually to ensure that developments are appropriately reflected in the financial statements. If it has become virtually certain that an inflow of economic benefits or service potential will arise and the asset's value can be measured reliably, the asset and the related revenue are recognised in the financial statements of the period in which the change occurs.

1.3.4.2. Guarantees

Guarantees are possible assets or obligations that arise from past events and whose existence will be confirmed by the occurrence or non-occurrence of the object of the guarantee. Guarantees thus qualify as contingent assets or liabilities. A guarantee is settled when the object of the guarantee no longer exists. It is crystallised when the conditions are fulfilled for calling a payment from the guarantor.

1.3.5. RECORDING OF OPERATIONS

Entitlements due from the Member States (mainly contributions which have not yet been called or interest due on the late payment of called funds) must be entered in the accounts. These items are set out in the balance sheets for the various EDFs.

In accordance with the principles of accrual-based accounting, the financial statements show the financial charges and income for the financial year regardless of the date of payment or collection.

1.3.6. USE OF ESTIMATES

In accordance with generally accepted accounting principles, the financial statements necessarily include amounts based on estimates and assumptions by management based on the most reliable information available. Significant estimates include, but are not limited to, provisions for future charges, financial risk on accounts receivable, accrued income and charges. Actual results could differ from those estimates. Changes in estimates are reflected in the period in which they become known.

1.3.7. NOTES TO THE BALANCE SHEET

(1) RECEIVABLES

Table 1

(EUR million)

Receivables

Notes

7th

8th

9th

Total at 31.12.2007

Total at 31.12.2006

Contributions to be received

0,00

Interest receivable on late contributions

1.1

0,00

2,09

Interest receivable on late contributions — STABEX

1.1

0,00

0,79

Interest receivable — European banks

1.2

1,19

0,88

Interest receivable — STABEX security

1.3

0,41

0,61

Banks charges to be refund

0,00

0,02

Recovery orders to be issued (2006)

1.4

0,00

196,58

Open recovery orders

1.5

4,90

3,72

3,25

11,88

20,48

–	Impairment of receivables

1.6

– 2,79

– 1,09

– 1,10

– 4,98

– 4,63

Total

2,12

2,64

3,75

8,50

216,83

In accordance with the provisions of the Cotonou Agreement, interest income relates to the 9th EDF. Such funds can be used according to the provisions of articles 1.3, 4 and 9 of the Internal Agreement applicable to 9th EDF (see note 11). The sole exception is the interest earned in STABEX security accounts which relates to the 8th EDF as this aid instrument does not feature in the 9th EDF (see notes 5 and 15).

(1.1) Interest receivable on late contributions

In accordance with Article 40(4) of the 9th EDF Financial Regulation, interest is charged to the Member States in the event of late payment of the called-up contributions. This interest results in an effective increase in the Funds' overall appropriations and represents its only source of operating revenue (see economic outturn account).

Table 1.1

(EUR million)
Interest on late payment of EDF contributions	Balance at 31.12.2006	Late interest revenue 2007	Interest received 2007	Balance at 31.12.2007
France	1,00		– 1,00	0,00
Netherlands		0,02	– 0,02	0,00
Spain	0,06	0,00	– 0,06	0,00
United Kingdom	1,02		– 1,02	0,00
Total	2,09	0,02	– 2,11	0,00

(1.2) Interest receivable European banks

This amount represents interest earned on the European bank accounts and the STABEX current account during the financial year 2007, for which the payment will be received in 2008.

(1.3) Interest receivable STABEX security accounts

This amount represents interest earned on the STABEX security accounts during the financial year 2007, for which the payment will be received in 2008. This interest is the property of the relevant beneficiary countries.

(1.4) Recovery orders to be issued

For the first time in 2007 and to improve transparency, recovery orders to be issued against prefinancing paid are not presented as receivables but instead they are classified as prefinancing. To allow comparison with previous years, the estimations calculated by the Authorising Officer are presented in the table below (see also note 2).

Table 1.4

(EUR million)
Recovery orders to be issued	7th EDF	8th EDF	9th EDF	TOTAL
Total at 31.12.2007	9,90	24,95	144,97	179,82
Total at 31.12.2006	14,54	62,38	119,67	196,58
Increase (Decrease)	– 4,64	– 37,42	25,30	– 16,76

(1.5) Open recovery orders

The closing balance for recovery orders represents the value of recovery orders issued but unpaid at the year end.

(1.6) Impairment of receivables

In compliance with IPSAS 19, the Accounting Officer has established a provision for doubtful debts based on two variables:

—	Age of the debt, applying a provision of 20 % of the euro value for each year the debt is outstanding

—	The evaluation of the non recovery risk, in collaboration with the Authorising Officer.

Potential exchange rate losses (on recovery orders not issued in euro) are not taken into account for this calculation, as these are not considered to be material.

Table 1.6

(EUR million)
Impairment of receivables	7th EDF	8th EDF	9th EDF	Total
Balance at 31.12.2007	2,79	1,09	1,10	4,98
Balance at 31.12.2006	2,87	0,11	1,65	4,63
Increase (Decrease)	– 0,08	0,97	– 0,54	0,35

(2) NET PRE-FINANCING

Following the principles of accrual accounting, advance payments made by the EDF are classified as assets. The figures for open pre-financing have been provided by the Authorising Officer (see table 2.1). The pre-financing is presented net of the open recovery orders concerning advances and the estimated amounts not yet cleared at year end.

To improve transparency, and for the first time in 2007, prefinancing is not netted of recovery orders to be issued (see note 1.4). This reclassification has no impact in the net assets of the funds.

Table 2

(EUR million)

Net pre-financing

Notes

7th EDF

8th EDF

9th EDF

Total 31.12.2007

Total 31.12.2006

Pre-financing (gross)

2.1

152,34

383,89

2 230,29

2 766,52

3 024,37

Advances for study grants management

2.2

1,38

1,58

—	Estimated clearing of Prefinancing

2.3

– 72,08

– 253,19

– 1 475,24

– 1 800,51

—	Open recovery orders

1.5

– 4,90

– 3,72

– 3,25

– 11,88

– 20,48

—	Recovery orders to be issued (2006)

1.4

0,00

– 196,58

Total

75,36

126,98

753,18

955,52

2 808,88

(2.1) Pre-financing(gross)

Many contracts provide for payments of advances before the commencement of works, deliveries of supplies or the provision of services. Sometimes the payment schedules of contracts foresee payments on account on the basis of progress reports. Advances, which normally are paid in the currency of the country or territory where the project is executed, are kept separate in the accounts of the Authorising Officer to allow them to be cleared.

The table below summarises outstanding advances (except for structural adjustment programmes and direct budgetary support programmes) registered in the Authorising Officer's accounts at the end of the year. Conversion into EUR is made using the official exchange rate of December 31 (see point 1.3.1.3).

Table 2.1

(EUR million)
Pre-financing (gross)	7th EDF	8th EDF	9th EDF	Total
Total at 31.12.2007	152,34	383,89	2 230,29	2 766,52
Total at 31.12.2006	223,67	959,66	1 841,04	3 024,37
Increase (Decrease)	– 71,34	– 575,76	389,26	– 257,84

(2.2) Advances for study grants management

This amount corresponds to advances paid to external bodies for the management of study awards.

(2.3) Estimated clearing of prefinancing

This amount represents the accrued charges calculated by the Authorising Officer corresponding to the amount of eligible costs that were incurred by the beneficiaries of the outstanding prefinancing at year end, but not yet reported. These amounts are treated as expenditure in the Economic Outturn Account and have been reclassified from accounts payables to prefinancing for the first time in 2007. This reclassification has no impact on the aggregated net assets and therefore the opening balance has not been restated.

For information purposes, the impact of the reclassification on the 2006 aggregated current assets and liabilities is detailed below.

(EUR million)
	Notes	As presented in 2006 final accounts	Reclassification	Adjusted balance 31.12.2006
CURRENT ASSETS
Receivables	1	216,83		216,83
Net Pre-financing	2	2 808,88	– 1 789,36	1 019,53
Other current assets	3	0,95		0,95
Cash and cash equivalents		291,50		291,50
STABEX security accounts	5	191,60		191,60
RD Congo special fund	6	3,42		3,42
Cash at bank	7	96,48		96,48
Total assets		3 318,17	– 1 789,36	1 528,81
CURRENT LIABILITIES
Payables	8	2 095,86	– 1 789,36	306,50
Total liabilities		2 095,86	– 1 789,36	306,50
Net assets		1 222,31	0,00	1 222,31

(3) OTHER CURRENT ASSETS

This amount comprises all payments/receipts awaiting final allocation to the appropriate projects and economic outturn account.

Table 3

(EUR million)
Other current assets	9th EDF	Total at 31.12.2007	Total at 31.12.2006
Unallocated expenses	1,19	1,19	2,65
Devaluation	0,00	0,00	0,00
Unallocated revenue	– 4,55	– 4,55	– 2,12
Partial off-settings	0,70	0,70	0,42
Total	– 2,65	– 2,65	0,95

(4) LIAISON ACCOUNTS

For reasons of efficiency, there is a single treasury for all the EDFs being implemented; this leads to operations between the various EDFs, which are balanced out in the liaison accounts between the various balance sheets.

Table 4

(EUR million)
Liaison accounts	7th EDF	8th EDF	9th EDF	Total at 31.12.2007	Total at 31.12.2006
To/from 6th EDF	2 279,31	– 2 065,45	– 213,85	0,00
To/from 7th EDF			2 037,08	2 037,08	– 410,80
To/from 8th EDF			– 3 301,13	– 3 301,13	– 385,12
To/from 9th EDF	– 2 037,08	3 301,13		1 264,05	795,93
	242,23	1 235,68	– 1 477,91	0,00	0,00

Table 4.1

(EUR million)
Liaison accounts	7th EDF	8th EDF	9th EDF	Total
2007
Assets	2 279,31	3 301,13	2 037,08	7 617,51
Liabilities	2 037,08	2 065,45	3 514,98	7 617,51
Total 2007	242,23	1 235,68	– 1 477,91	0,00
2006
Assets	2 279,31	2 450,58	1 868,50	6 598,39
Liabilities	1 868,50	2 065,45	2 664,43	6 598,39
Total 2006	410,80	385,12	– 795,93	0,00

(5) STABEX SECURITY ACCOUNTS

The STABEX is the acronym for a European Commission compensatory finance scheme to stabilise export earnings of the ACP countries. It was first introduced in the first Lomé Convention (1975) with the purpose of remedying the harmful effects of the instability of export revenue from agricultural products.

The balance on the STABEX security accounts represents the total of STABEX funds available and which will be transferred to the relevant beneficiary ACP State at a future date. This total amount concerns the 8th EDF, with the exception of EUR 2,51 million allocated to Sudan, which fell under the 7th EDF.

Table 5

(EUR million)
STABEX security accounts	EDF	Balance at 31.12.2006	Interest	Payments	Balance at 31.12.2007
BENIN	8th	0,05	0,00		0,05
BURKINA FASO	8th	0,78	0,01	0,78	0,01
BURUNDI	7th/8th	26,62	1,05	26,99	0,68
CAMEROUN	8th	5,52	0,04	5,54	0,02
COMOROS	8th	0,06	0,00		0,06
DOMINICA	8th	0,26	0,01	0,19	0,08
ETHIOPIA	8th	0,93	0,04		0,96
GAMBIA	8th	1,03	0,04		1,07
GRENADA	8th	0,34	0,01		0,35
GUINEA-BISSAU	8th	0,34	0,01		0,35
COTE D'IVOIRE	8th	15,85	0,44	14,73	1,57
JAMAICA	8th	0,60	0,02		0,62
MADAGASCAR	8th	0,65	0,03		0,68
MALAWI	8th	0,94	0,04		0,97
MAURITANIA	8th	18,22	0,72	18,56	0,38
PAPUA-NEW GUINEA	8th	0,68	0,03		0,70
RWANDA	8th	5,89	0,23		6,12
SENEGAL	8th	10,33	0,41		10,74
SIERRA LEONE	8th	3,13	0,12	3,19	0,07
SAINT LUCIA	8th	14,05	0,56		14,60
SOLOMON ISLANDS	8th	0,08	0,00	0,08	0,00
SUDAN	7th/8th	54,52	1,94	7,83	48,62
ST VINCENT & GRENADINES	8th	4,05	0,16		4,21
TANZANIA	8th	14,00	0,26	10,70	3,56
TONGA	8th	0,09	0,00		0,09
UGANDA	8th	9,72	0,07	9,78	0,00
ZIMBABWE	8th	2,90	0,11		3,01
Total STABEX		191,60	6,38	98,37	99,61

In addition to these funds, there are other STABEX funds held by beneficiary ACP States. Once the Commission and the beneficiary (ACP) State have reached agreement on how the STABEX funds are to be utilised, a transfer convention is signed by both parties. In accordance with the provisions of Article 211 of the Lomé IV Agreement (7) (as revised), the funds are transferred into an interest bearing double signature account (Commission official and Beneficiary State) opened in the name of the ACP State. The Commission official retains the power of signature over the account in order to ensure that the funds are disbursed as intended.

As these funds are the property of the ACP State, they are not recorded as assets in the EDF Annual Accounts and the transfers to these accounts are recorded as STABEX payments. Details on these accounts are however provided in the annual EDF Financial Management Report (8).

(6) SPECIAL D.R. CONGO ACCOUNT

This balance represents the amounts available for D.R. Congo in accordance with the provisions of Council Decision 2003/583/EC (9).

(7) CASH AT BANKS

In accordance with Article 129 of the 9th EDF Financial Regulation the treasury is presented in the balance sheet of the 9th EDF.

Table 7

(EUR million)
Cash and cash equivalents	Notes	Balance at 31.12.2007	Balance at 31.12.2006
Treasury accounts	7.1	208,09	3,55
Local Paying Agents	7.2	54,67	59,37
European Paying Agents	7.3	13,06	21,29
STABEX current account	7.4	8,47	12,17
Cash in transit	7.5	0,95	0,10
Total		285,24	96,48

(7.1) Treasury accounts

These are accounts held with the central banks of the Member States into which EDF contributions are paid. The Accounting Officer makes transfers from these accounts to the European paying agents.

(7.2) Local paying agents

These are amounts held in bank accounts within ACP States and OCTs used for making payments in local currency within the beneficiary state. The accounts are generally kept in euros, but may also be kept in a currency of a Community Member State.

(7.3) European paying agents

These accounts are held with commercial banks established in the EU-15 Member States and with the EIB. The accounts are kept in euros and are used for payments to beneficiaries within the Union and elsewhere. Payments are generally made in euros, but may also be made in other currencies. These funds are also used to replenish local paying agent accounts and the liaison account with the General Budget of the EU.

(7.4) STABEX current account

This amount represents the cash balance remaining on the STABEX main account which will be made available for Togo by way of transfer to a security account, once instructions have been received from the Authorising Officer. The decrease of EUR 3,70 million compared to 2006 represents the transfer to the EDF main account (allocation to the general long term development reserve) in the course of 2007 following the instructions from the Authorising Officer.

The interest earned in this account is periodically transferred to the EDF main account to be used in accordance with Articles 1.3 and 9 of the Internal Agreement applicable to 9th EDF.

(7.5) Cash in transit

Some replenishment sent before the year end were only registered by the beneficiary bank in 2008.

(8) PAYABLES

Table 8

(EUR million)

Payables

Notes

7th EDF

8th EDF

9th EDF

Total at 31.12.2007

Total at 31.12.2006

Deferred income

8,1

211,08

3,49

Liaison a/c with General Budget of the EU

8,2

8,92

– 49,73

Accrued Expenses

19,59

124,35

340,04

483,98

2 142,10

Non finalised payments

8,3

4,22

15,85

62,04

82,11

110,29

Eligibility to be confirmed

8,4

3,76

30,00

81,19

114,96

107,19

Invoices to be received

8,5

83,69

331,69

1 672,04

2 087,42

1 924,62

—	Estimated clearing of prefinancing

2,3

– 72,08

– 253,19

– 1 475,24

– 1 800,51

0,00

Total

19,59

124,35

560,05

703,98

2 095,86

(8.1) Deferred income

Table 8.1

(EUR million)
Contributions received in advance	Balance at 31.12.2007	Balance at 31.12.2006
Ireland	1,00	3,49
United Kingdom	208,09
Finland	2,00
Total	211,08	3,49

(8.2) Liaison account with the General Budget of the EU

As from the beginning of financial year 2005, payments to beneficiaries within the Union are executed through SWIFT by the General Budget of the European Union. For this purpose, a current account has been opened. This account is presented in the cash flow statement as cash equivalent.

Accrued expenses

The accounting information provided by the present IT accounting system (OLAS) has been adjusted in order to provide figures which comply with accrual accounting principles. Additional information has been provided by the Authorising Officer. This item includes non finalised payments, eligibility to be confirmed and an estimation of invoices to be received based in the degree of advancement of projects.

In 2007 the methodology for the determination of the accrued expenditure has been refined to incorporate to the analysis the type of contract.

The estimated amount of eligible costs incurred by the beneficiaries of outstanding prefinancing amounts but not yet reported at year is now classified under prefinancing (see note 2.3).

(8.3) Non finalised payments

These are payments authorised before 31 December 2007 but executed by the bank in 2008. The amounts registered in the accounts of the Authorising Officer are shown in table 8.3.

Table 8.3

(EUR million)
Non finalised payments	7th EDF	8th EDF	9th EDF	Total
Total at 31.12.2007	4,22	15,85	62,04	82,11
Total at 31.12.2006	4,02	26,58	79,69	110,29
Increase (Decrease)	0,19	-10,72	-17,65	-28,18

(8.4) Eligibility to be confirmed

These are invoices which arrived before the end of the financial year 2007 but which had still not been analysed at the yearly closure. The amounts registered in the accounts of the Authorising Officer are shown in table 8.4.

Table 8.4

(EUR million)
Eligibility to be confirmed	7th EDF	8th EDF	9th EDF	Total
Total at 31.12.2007	3,76	30,00	81,19	114,96
Total at 31.12.2006	9,31	42,99	54,89	107,19
Increase (Decrease)	– 5,55	– 12,99	26,30	7,77

(8.5) Invoices to be received

These figures reflect expenditure which has been incurred but has not yet been invoiced (e.g. work in progress on capital projects). The amounts estimated by the Authorising Officer are shown in table 8.5.

Table 8.5

(EUR million)
Invoices to be received	7th EDF	8th EDF	9th EDF	Total
Total at 31.12.2007	83,69	331,69	1 672,04	2 087,42
Total at 31.12.2006	79,29	582,17	1 263,17	1 924,62
Increase (Decrease)	4,40	– 250,48	408,87	162,80

Funds and Reserves

(9) CALLED FUND CAPITAL

Table 9

(EUR million)
	6th EDF	7th EDF	8th EDF	9th EDF	Total EDF
Capital 2007		0,00	0,00	10 460,15	10 460,15
Funds Capital (a)		10 940,00	12 840,00	11 699,32	35 479,32
Uncalled funds (b)		0,00	0,00	10 460,15	10 460,15
Called fund capital (a)-(b)		10 940,00	12 840,00	1 239,17	25 019,17
Capital 2006
Funds Capital (a)	7 560,00	10 940,00	12 840,00	11 659,15	42 999,15
Uncalled funds (b)	0,00	0,00	1 545,00	11 554,15	13 099,15
Called fund capital (a)-(b)	7 560,00	10 940,00	11 295,00	105,00	29 900,00

The fund capital represents the total amount receivable from the Member States for the relevant EDF fund as laid down in each of the Internal Agreement (10) between the Member States and the beneficiary ACP States and OCTs.

The initial allocation for the (current) 9th EDF, which originally totalled EUR 10,555 million, has since been increased by an amount of EUR 105 million in 2004, which was released by the EIB in accordance with the provisions of Council Decision 2003/583/EC. This additional allocation is in favour of actions to be undertaken in the Democratic Republic of the Congo.

Article 2(2) of the Internal Agreement for the 9th EDF set a EUR 1,000 million reserve. Since 2004 a set of Council decisions (11) allowed the release of EUR 999 million. The remaining amount of EUR 1 million has been released during 2007.

Following the decision of the joint ACP/EU Council on 25th May 2007 (12), the Commission has decided to launch a call for additional voluntary contributions to support the African Peace Facility in the framework of the intra ACP cooperation. Detailed amounts by country are shown in table 9.1.

The 2007 aggregated financial statements include the 7th, 8th and 9th EDFs. The aggregated statement of changes in net assets reflects the closure of the 6th EDF as a 2007 event. The closure of the 6th EDF had not been reflected in 2006, which was when the closure effectively took place. As the net assets of the 6th EDF were nil at the end of 2006, an exclusion of the 6th EDF would not have had any impact on the aggregated net assets. For information purposes, the impact of the closure of the 6th EDF on the 2006 aggregated funds and reserves is detailed below.

(EUR million)
	As presented in 2006 final accounts	Adjustment to exclude the 6th EDF	Adjusted balance 31.12.2006
FUNDS & RESERVES
Called fund capital	29 900,00	– 7 560,00	22 340,00
Results carried forward from previous years	– 26 787,49	7 300,94	– 19 486,54
Result for the year	– 2 924,04	0,00	– 2 924,04
Reserves	1 033,84	259,06	1 292,89
Net assets	1 222,31	0,00	1 222,31

Uncalled funds represent the initial allocation not yet receivable from Member States.

Called funds capital represents the amount of the initial allocations which has been called up for transfer to the treasury accounts by the Member States in accordance with the procedure in Article 8 of the Financial Regulation, whereby each year the Commission must establish and communicate to the Council a statement of the payments to be made in the following year and a schedule of calls for contributions. The Commission must justify the amount requested on the basis of its capacity to deliver the proposed level of resources effectively.

Details of contributions called up and received during the year 2007 are shown in table 9.1. In 2007 the contributions due under the 8th EDF were fully exhausted and the Authorising Officer started the call for the 9th EDF contributions which were increased by the voluntary contributions.

Table 9.1

(EUR million)
Contributions	%	Called up in 2006	Received in 2006	Called up in 2007 (8th EDF)	Called up in 2007 (9th EDF)	Voluntary contributions 2007	Received in 2007	Total called up 8th EDF	Uncalled 9th EDF
Austria	2,65	66,52	66,52	40,68	29,28		69,96	289,12	276,93
Belgium	3,92	98,39	98,39	60,24	43,25	1,25	104,74	427,74	409,71
Denmark	2,14	53,71	53,71	33,29	23,21		56,50	233,91	224,07
Finland	1,48	37,15	37,15	22,83	16,24		39,07	161,58	154,78
France	24,30	609,93	623,65	375,32	266,21	10,00	651,52	2 653,44	2 541,70
Germany	23,36	586,34	586,34	361,49	255,22	25,00	641,70	2 551,49	2 444,07
Greece	1,25	31,38	31,38	18,81	14,19	0,50	33,50	136,00	130,25
Ireland	0,62	15,56	15,56	9,97	6,40	2,00	18,37	68,10	65,24
Italy	12,54	314,75	314,75	193,61	137,45		331,06	1 369,23	1 311,57
Luxemburg	0,29	7,28	7,28	4,24	3,41	0,20	7,86	31,43	30,10
Netherlands	5,22	131,02	131,02	80,40	57,41		137,81	569,78	545,77
Portugal	0,97	24,35	24,35	15,44	10,17		25,61	106,38	101,92
Spain	5,84	146,58	146,58	90,37	63,80		154,18	637,87	611,02
Sweden	2,73	68,52	68,52	41,65	30,43		72,07	297,58	285,03
United Kingdom	12,69	318,52	318,52	196,66	138,35		335,02	1 386,35	1 328,00
Estonia	N.A.					0,03	0,03	N.A.	N.A.
Czech Republic	N.A.					0,18	0,18	N.A.	N.A.
EIB 8th EDF								120,00	N.A.
STABEX								1 800,00	N.A.
Total	100,00	2 510,00	2 523,72	1 545,00	1 095,00	39,17	2 679,17	12 840,00	10 460,15

(10) RESERVES

Since the entry into force of the Cotonou Agreement, all the unspent funds in previous EDFs are transferred to the 9th EDF after decommitment. The resources transferred from other EDFs increase the appropriation of the receiving fund and reduce that of the fund of origin.

Table 10

(EUR million)
Inter-EDF transfers	7th EDF	8th EDF	9th EDF	Consolidate	Total at 31.12.2007
To/from 5th EDF	526,78				526,78
To/from 6th EDF	181,76	94,00	490,36		766,12
To/from 7th EDF		532,82	933,45	1 466,26	1 466,26
To/from 8th EDF	– 532,82		2 721,88	2 189,06	2 189,06
To/from 9th EDF	– 933,45	– 2 721,88		– 3 655,33	– 3 655,33
Total	– 757,73	– 2 095,06	4 145,68	0,00	1 292,89

1.3.8. NOTES TO THE ECONOMIC OUTTURN ACCOUNT

(11) ADMINISTRATIVE AND FINANCIAL EXPENSES

This heading includes administrative and financial expenditure financed by interest and related to the devolution process in application of the provisions of articles 1.3, 4 and 9 of the Internal Agreement applicable to 9th EDF.

In addition, following Council Decision 599 on 21st June 2005, a complementary amount of EUR 90 million from the intra ACP allocation has been reallocated to finance devolution. In 2006, expenditure for personnel and infrastructure costs in this heading amounted to EUR 63 million and to EUR 26 million in 2007.

(12) TOTAL EXPENSES (CASH BASIS)

These amounts represent total payments for the Fund(s) in question during the 2007 financial year on a cash accounting basis, including advance payments and recovery orders. Cumulative figures are shown in the Report on Financial Implementation prepared by the Authorising Officer.

(13) ACCRUAL ADJUSTMENTS

Total expenditure has been restated to comply with the international accounting standard, IPSAS 3. The accounting information provided by the EDF accounting system has been adapted, where necessary, in order to provide figures which comply with accrual accounting principles. Additional information in respect of income and expenditure items has also been provided by the Authorising Officer.

Table 13

(EUR million)

Accrual adjustments annual increase 2007

Notes

7th EDF

8th EDF

9th EDF

Increase 2007

—	Pre-financing

– 143,41

– 828,96

– 1 085,98

– 2 058,35

—	Financial expenses

0,34

Accrued Expenses

– 73,03

– 527,38

– 1 057,71

– 1 658,12

Non finalised payments

8.3

0,19

– 10,72

– 17,65

– 28,18

Eligibility to be confirmed

8.4

– 5,55

– 12,99

26,30

7,77

Invoices to be received

8.5

4,40

– 250,48

408,87

162,80

—	Estimated clearing of prefinancing

2.3

– 72,08

– 253,19

– 1 475,24

– 1 800,51

Total accruals

70,39

301,57

27,93

399,89

(14) TOTAL EXPENSES ON AN ACCRUAL BASIS

Project expenditure by EDF has been restated in accordance with the relevant international accounting standards. The expenditure for each aid instrument will be presented on a full accrual basis as and from the 2009 financial year, once the accounts have been migrated to the new IT (ABAC) system.

(15) FINANCIAL REVENUE

Interest revenue is related to the 9th EDF. The sole is STABEX security interest which is related to the 8th EDF due to absence of this aid instrument in the 9th EDF.

Table 15

(EUR million)
Interest earned during 2007	Notes	8th EDF	9th EDF	Total at 31.12.2007	Total at 31.12.2006
EIB	15.1		2,49	2,49	10,56
European banks	15.1		9,80	9,80	11,44
Recovery orders	15.2		0,04	0,04	0,00
STABEX security accounts	15.3	6,18		6,18	9,13
Special D R Congo contribution	15.3		0,14	0,14	0,49
Total interest		6,18	12,47	18,65	31,61

(15.1) EIB and European banks interest revenue

The interest earned on accounts with European paying agents (including the main STABEX account) can be used to finance projects in accordance with Articles 1.3 and 9 of the Internal Agreement applicable to 9th EDF. This interest results in an effective increase in the Funds' overall appropriations.

(15.2) Interest revenue on late payments of recovery orders

This is interest earned on late payments of recovery orders by debtors. Such funds can be used for financing projects in accordance with Articles 1.3 and 9 of the Internal Agreement applicable to 9th EDF. This interest results in an effective increase in the Funds' overall appropriations.

(15.3) Interest revenue on the STABEX security accounts and the Special D. R. Congo account

This represents the income generated by the STABEX security accounts and the Special Democratic Republic of the Congo account. Whilst such income appears to increase the total of the Fund it should be borne in mind that any income generated by these accounts is earmarked for a specific purpose and beneficiary state (see note 5).

(16) FINANCIAL EXPENSES

In the present IT system (OLAS), this category of expenditure is booked as a part of administrative costs. In the interests of transparency these costs are now presented under a separate heading. In 2007 financial expenses amount to EUR 0,34 million.

1.4. OFF BALANCE SHEET ITEMS

Guarantees are held to secure pre-financing and released when the final claim under a project is paid. In accordance with the ‘prudence’ concept and in compliance with the provisions of IPSAS 19, contingent assets are not accounted for in the financial statements. They are disclosed here by way of note in the interests of transparency. There are two values to disclose for this type of guarantee: the ‘nominal’ and the ‘on-going values’. For the ‘nominal’ value the generating event is linked to the existence of the guarantee. The nominal value is disclosed as contingent asset. For the ‘on-going’ value, the guarantee's generating event is the prefinancing payment and/or subsequent clearings.

At 31st December 2007 the ‘nominal’ value of guarantees received in respect of prefinancing amounts EUR 576,79 million (see table below) compared to EUR 310,61 million for the ‘on-going’ value.

Guarantees	On pre-financing	On guarantee withholding	On performance	Total 31.12.2007	Total 31.12.2006
7th EDF	56,52	17,19	32,09	105,80	111,70
8th EDF	145,58	38,35	75,42	259,36	308,71
9th EDF	374,68	104,75	159,60	639,04	302,62
Total	576,79	160,30	267,11	1 004,20	723,02

2. REPORT ON FINANCIAL IMPLEMENTATION

INTRODUCTORY NOTE

Previous EDFs

Decision 1/2000 of the ACP-EC Council of 27 July 2000 regarding transitional measures provides for some of the unallocated resources from previous EDFs to be used for programmes consistent with the relevant provisions of the Cotonou Agreement and put into early application under transitional measures.

Commission Decision 410/2001 of 16 March 2001, which fixes the allocations for the indicative programmes of the ACP countries under the ACP-EC Partnership Agreement, stipulates that the unallocated resources from previous EDFs up to a maximum of EUR 1,2 billion are to be used for implementation in accordance with the rules and procedures of the relevant EDFs, pending the entry into force of the Financial Protocol to the 9th EDF.

Commission Decision 1033/2001 of 15 June 2001 fixed the allocations for regional programmes and intra-ACP cooperation under the Financial Protocol to the ACP-EC Partnership Agreement.

Commission Decision 1252/2002 of 11 July 2002 increased the envelope intended for intra-ACP cooperation by EUR 60 million, from the general reserves of the 6th and 7th EDFs, and also provided for the use of these additional funds pending the entry into force of the Financial Protocol to the 9th EDF, in accordance with the rules and procedures applicable to the original EDFs.

Lastly, Decision 3/2002 of the ACP-EC Council of Ministers of 23 December 2002 took an amount of €25 million from the unallocated resources of the 8th EDF (general reserve) and allocated it to regional cooperation under the ACP-EC Partnership Agreement.

As in past years, to ensure transparency in the presentation of the accounts for 2007, the tables below set out separately for each of the EDFs (7th and 8th) the part used for Lomé Convention programming and the part used for programming under the Cotonou Agreement. Entry in the accounts and the presentation of accounts in connection with the Cotonou Agreement is based on Article 3(2) of Annex IV to the ACP-EC Partnership Agreement, as regards countries. That Article gives the ACP countries an A envelope to cover macroeconomic support and support for programmes and projects and a B envelope to cover unforeseen needs such as emergency assistance, debt relief initiatives and support to offset the adverse effects of instability in export earnings (13). For the regions, the accounts are set out according to the regional programming as referred to in Chapter 2 of the ACP-EC Partnership Agreement (i.e. regional indicative programmes and intra-ACP cooperation).

Pursuant to Commission Decision C(2003)1904 of 16 June 2003 as amended by Decisions C(2006) 3862 of 24 August 2006 and C(2007)2149 of 24 May 2007, any balances remaining from previous EDFs on the date of entry into force of the Cotonou Agreement and any amounts decommitted at a later date from projects charged to these Funds were transferred to the 9th EDF. Any resource thus transferred to the 9th EDF after previously having been allocated to the indicative programme of an ACP State or region has been allocated to that State or region. On the other hand, the unallocated resources were transferred to reserves which have been reprogrammed under the 9th EDF. As the 6th EDF was closed in 2006, the annual accounts no longer contain implementation tables for that EDF. However, implementation of the transferred balances can be found in the 9th EDF.

9th EDF

The ACP-EC Partnership Agreement signed on 23 June 2000 in Cotonou by the Member States of the European Community and the States of Africa, the Caribbean and the Pacific (ACP States) entered into force on 1 April 2003.

The EU Council Decision of 27 November 2001 (2001/822/EC) on the association of the overseas countries and territories (OCT) with the European Community entered into force on 2 December 2001.

The Cotonou Agreement was concluded for a twenty-year period with a review clause and a Financial Protocol for each five-year period. For the first Financial Protocol (financed by the 9th EDF), once the unexpended balances of previous EDFs (14) have been taken into account, the Agreement covered the period up to the end of 2007 (15); for the second Financial Protocol (to be financed by the 10th EDF), it may be amended (and will in fact cover six years (16)).

The 9th EDF was set at EUR 13 800 million, including EUR 13 500 million allocated to the ACP States in accordance with the first Financial Protocol included in the Cotonou Agreement, EUR 175 million allocated to the OCT (provided for by the EU Council Decision on the association of the OCT) and EUR 125 million reserved for the European Commission to cover expenses in connection with implementing the 9th EDF resources (provided for in the internal agreement for the 9th EDF).

The long-term development budget for ACP States has two components:

The A envelope for macroeconomic support, sectoral policies, and programmes and projects supporting Community aid: this corresponds to the allocation for the NIPs and structural adjustment in previous EDFs.

The B envelope, intended to cover unforeseen needs such as emergency aid, contributions to debt relief initiatives and support to offset adverse fluctuations in export earnings, generally corresponds to the Stabex, Sysmin and emergency aid allocations in previous EDFs.

Of the total 9th EDF budget for the ACP States, EUR 1 000 million was released in 2004 and 2005 after examination by the EU Council, on the basis of a proposal from the European Commission:

—	EUR 250 million was released in accordance with Council Decision 2004/289/EC of 22 March 2004 and allocated to the Intra-ACP Fund (natural resources) to finance the Water Facility operation.

—	EUR 18 million was released in accordance with Council Decision 10752/05 of 19 July 2005 and allocated to the envelope for long-term development support to cover the financing of the National Indicative Programme of Timor Leste for the period 2006-2007.

—

EUR 482 million was released in accordance with ACP-EC Council of Ministers Decision 6/2005 of 22 November 2006 and allocated to the envelope for long-term development support (EUR 352 million), the envelope for regional cooperation and integration (EUR 48 million) and the Investment Facility (EUR 82 million). These resources were released to contribute to financing of the EU Energy Initiative (EUR 220 million), the International Commodity Risk Management Financing Facility (EUR 25 million), adaptation to the new EU feed and food health and plant health rules (EUR 30 million), strengthening the African Union (EUR 50 million), the ‘Education for All’ Fast Track Initiative (EUR 63 million), tackling HIV/AIDS, tuberculosis and malaria (EUR 62 million), and the operating costs of the CDE/CTA (EUR 32 million).

—

EUR 250 million was released in accordance with ACP-EC Council of Ministers Decision 7/2005 of 22 November 2005 and the corrigendum of 1 February 2006 and allocated to the envelope for long-term development support (EUR 185 million), the envelope for regional cooperation and integration (EUR 24 million) and the Investment Facility (EUR 41 million). These resources were allocated to financing the Water Facility operation.

The breakdown of 9th EDF allocations for ACP States, including the ‘conditional billion’ and allocations managed directly by the European Investment Bank (EIB), is as follows:

(EUR million)
	9th EDF allocation	Unopened allocations (EIB-managed)	Open allocations OLAS (EC-managed)
Long-term development budget	10 000,00	(186,85) (17)	9 813,15
Regional budget	1 300,00		1 300,00
Investment facility	2 200,00	(2.037,00)	163,00
Total	13 500,00	(2 223,85)	11 276,15

The 9th EDF allocations for OCTs, including those managed directly by the European Investment Bank (EIB), break down as follows:

(EUR million)
	9th EDF allocation	Reduction/conditional billion	Unopened allocations (EIB-managed)	Open allocations OLAS (EC-managed)
Long-term development budget	127,10		127,10	127,10
C reserve	17,90	(1,00) (18)	16,90	17,90
Regional budget	8,00		8,00	8,00
Budget for studies and technical assistance	2,00		2,00	2,00
Investment facility	20,00	(20,00)	0,00	20,00
Total	175,00	(21,00)	154,00	175,00

The unallocated C reserve for OCTs is maintained to finance humanitarian aid, emergency aid, refugee assistance and fluctuations in export earnings, and corresponds to the B allocation for the ACP countries

Council Decision 2005/599/EC of 21 June 2005 allocated EUR 90 million within the intra-ACP envelope to financing devolution.

Pursuant to Commission Decision E/982/2003 of 16 June 2003, any balances remaining from previous EDFs on the date of entry into force of the Cotonou Agreement and any amounts decommitted at a later date from projects charged to these Funds were transferred to the 9th EDF. Any resource thus transferred to the 9th EDF after previously having been allocated to the indicative programme of an ACP State or region has been allocated to that State or region. On the other hand, the unallocated resources were transferred to reserves which have been reprogrammed under the 9th EDF. The total amount transferred since the entry into force of the 9th EDF is EUR 4,1 billion.

Pursuant to Decision 2/2007 of the ACP-EC Council of Ministers of 25 May 2007 designed to allow additional bilateral contributions for intra-ACP cooperation in support of the objectives of the African Peace Facility, to be managed by the Commission, the 9th EDF was increased by EUR 39,17 million, which is shown separately on a specific financial instrument.

As the funds of the 9th EDF, including the expected decommitments, could no longer be committed after 31 December 2007 (19), a mechanism had to be found to commit the outstanding balances available before that date, in an effective manner, in support of the overall objectives of the ACP-EC partnership. Decision 1/2007 of the ACP-EC Council of Ministers of 25 May 2007 provides for reassigning part of the reserve of the 9th EDF envelope for long-term development to intra-ACP cooperation in the 9th EDF envelope for regional cooperation and integration. The funds transferred to the long-term development reserve on the basis of the end-of-term reviews of the national indicative programmes and the amounts available for intra-ACP cooperation have been mobilised in accordance with Decision 1/2007 as follows:

(a)	one intra-ACP reserve of EUR 26,7 billion open to all ACP States for emergency assistance under Article 72(3)(a) and (b) of the ACP-EC Partnership Agreement;

(b)

five regionalised B-envelopes amounting to EUR 17,5 million for the Southern African region, EUR 48,9 million for the region of Eastern and Southern Africa and the Indian Ocean, EUR 31,9 million for the West African region, EUR 16,1 million for the Central African region and EUR 35,4 million for the Caribbean region, mobilised for contributions to internationally agreed debt relief initiatives and for humanitarian and emergency assistance in accordance with Articles 72 and 73 of the ACP-EC Partnership Agreement on the basis of regional solidarity;

(c)	an intra-ACP FLEX programme of EUR 50 million for 2006 (application year 2005) and an intra-ACP FLEX programme of EUR 50 million for 2007 (application year 2006) in order to ensure minimum support to countries subject to the adverse effects of instability in export earnings;

(d)	replenishment of the African Peace Facility with EUR 100 million for various peace support, training and capacity-building activities;

(e)	institutional support to the ACP Secretariat in order to bridge the period until the entry into force of the 10th EDF and to contribute to the running costs of the ACP Secretariat for 2008 (EUR 1 million);

(f)	addition of EUR 2,5 million to the intra-ACP technical cooperation facility;

(g)	EUR 4 million as an urgent carry-over of the rinderpest eradication programme in Africa (PACE);

(h)	additional contribution of EUR 5 million to the Caribbean Knowledge and Learning Network (CKLN);

(i)

cover of EUR 14,87 million for new and unexpected needs that cannot be financed from the B envelopes (amount used for an additional contribution of EUR 3 million for the CTA and the financing of specific projects (African Outlook — EUR 1,3 million; Microfinances — EUR 2,8 million, Pesticides Programme — EUR 5 million; Investment Observatory — EUR 2,8 million));

(j)	additional support of EUR 38 million for the Global Fund against HIV/AIDS, Tuberculosis and Malaria (GFATM);

(k)	top-up of EUR 48,7 million for the EU-ACP Infrastructure Trust Fund as an advance on the allocations scheduled under the 10th EDF.

The tables annexed, concerning the amounts decided, contracted and paid, show net figures. Only Table 2.7 shows separately the amounts committed and decommitted and the amounts paid and recovered.

2.1. ALLOCATIONS AT 31.12.2007

Table 1.1

7th EDF

Situation of appropriations: 31 December 2007

ANALYSIS OF FUND BY INSTRUMENT

(EUR million)
Instrument	Initial appropriation	Accumulated increases or reductions in resources at 31 December 2006	Increases or reductions in resources during 2007	Current appropriation
ACP
Lomé
Grants	6 215,00	– 884,60	– 50,80	5 279,60
Interest-rate subsidies	280,00	– 81,51	0,00	198,49
Emergency aid	250,00	153,35	– 0,07	403,27
Refugee aid	100,00	– 16,05	– 0,10	83,86
Risk capital	825,00	– 8,49	– 3,13	813,38
Stabex	1 500,00	196,69	0,00	1 696,69
Sysmin	480,00	– 39,39	– 10,08	430,54
Transfer 5th EDF — 7th EDF	0,00	312,85	– 3,85	309,00
Structural adjustment	1 150,00	– 0,83	– 0,50	1 148,67
Heavily indebted poor countries	0,00	40,00	0,00	40,00
Intra ACP Allocation	0,00	50,00	0,00	50,00
TOTAL ACP	10 800,00	– 277,96	– 68,54	10 453,51
OCT
Grants	97,50	– 11,92	– 2,41	83,17
Interest-rate subsidies	6,00	– 1,82	0,00	4,18
Emergency aid	2,50	– 0,24	0,00	2,26
Refugee aid	0,50	– 0,21	0,00	0,29
Risk capital	25,00	– 2,51	0,00	22,49
Stabex	6,00	0,00	0,00	6,00
Sysmin	2,50	0,00	0,00	2,50
Transfer 5th EDF — 7th EDF	0,00	9,58	– 0,97	8,61
TOTAL OCT	140,00	– 7,12	– 3,38	129,50
TOTAL 7th EDF	10 940,00	– 285,08	– 71,91	10 583,01

Table 1.2

7th EDF

Situation of appropriations: 31 December 2007

ANALYSIS OF MOVEMENTS DURING THE YEAR

(EUR million)
ACP	Lomé										Cotonou	Total ACP
ACP	Grants	Interest-rate subsidies	Emergency aid	Refugee aid	Risk capital	Stabex	Sysmin	Transfer 5th EDF — 7th EDF	Structural adjustment	Heavily indebted poor countries	Intra-ACP	Total ACP
Situation 31.12.2006	5 330,40	198,49	403,35	83,95	816,51	1 696,69	440,61	312,85	1 149,17	40,00	50,00	10 522,04
Transfer to 9th EDF (1)	– 50,80	0,00	– 0,07	– 0,10	– 3,13	0,00	– 10,08	– 3,85	– 0,50	0,00	0,00	– 68,54
Situation at 31.12.2007	5 279,60	198,49	403,27	83,86	813,38	1 696,69	430,54	309,00	1 148,67	40,00	50,00	10 453,51

OCT	Grants	Interest-rate subsidies	Emergency aid	Refugee aid	Risk capital	Stabex	Sysmin	Transfer 5th EDF — 7th EDF	Total OCT
Situation 31.12.2006	85,58	4,18	2,26	0,29	22,49	6,00	2,50	9,58	132,88
Transfer to 9th EDF (20)	– 2,41	0,00	0,00	0,00	0,00	0,00	0,00	– 0,97	– 3,38
Situation at 31.12.2007	83,17	4,18	2,26	0,29	22,49	6,00	2,50	8,61	129,50

Table 1.3

8th EDF

Situation of appropriations: 31 December 2007

ANALYSIS OF FUND BY INSTRUMENT

(EUR million)
Instrument	Initial appropriation	Accumulated increases or reductions in resources at 31 december 2006	Increases or reductions in resources during 2007	Current appropriation
ACP
Lomé
Grants	7 562,00	– 2 170,39	– 134,77	5 256,84
Interest-rate subsidies	370,00	– 275,44	– 0,85	93,70
Emergency aid	140,00	– 3,48	– 0,14	136,38
Refugee aid	120,00	– 3,40	– 5,36	111,24
Risk capital	1 000,00	127,77	– 48,99	1 078,78
Stabex	1 800,00	– 1 083,83	2,48	718,65
Sysmin	575,00	– 463,26	– 0,02	111,71
Structural adjustment	1 400,00	114,55	– 16,09	1 498,45
Heavily indebted poor countries	0,00	1 060,00	0,00	1 060,00
Utilisation of interest income	0,00	37,38	0,00	37,38
Cotonou
A envelope	0,00	433,59	– 3,02	430,57
B envelope	0,00	254,58	0,00	254,58
TOTAL ACP	12 967,00	– 1 971,93	– 206,77	10 788,30
OCT
Grants	115,00	– 71,09	– 4,26	39,65
Interest-rate subsidies	8,50	– 7,36	0,00	1,14
Emergency aid	3,00	– 3,00	0,00	0,00
Refugee aid	0,50	– 0,50	0,00	0,00
Risk capital	30,00	– 23,50	0,00	6,50
Stabex	5,50	– 4,32	0,00	1,18
Sysmin	2,50	– 0,01	0,00	2,49
TOTAL OCT	165,00	– 109,78	– 4,26	50,96
TOTAL 8TH EDF	13 132,00	– 2 081,71	– 211,03	10 839,26

Table 1.4

8th EDF

Situation of appropriations: 31 December 2007

ANALYSIS OF MOVEMENTS DURING THE YEAR

(EUR million)
ACP	Lomé										Cotonou		Total ACP
ACP	Grants	Interest-rate subsidies	Emergency aid	Refugee aid	Risk capital	Stabex	Sysmin	Structural adjustment	Heavily indebted poor countries	Utilisation of interest income	A envelope	B envelope	Total ACP
Situation 31.12.2006	5 391,61	94,56	136,52	116,60	1 127,77	716,17	111,74	1 514,55	1 060,00	37,38	433,59	254,58	10 995,07
Transfer to 9th EDF (1)	134,77	0,85	0,14	5,36	48,99	3,69	0,02	16,09	0,00	0,00	3,02	0,00	212,95
Stabex security interest						6,18							6,18
Situation at 31.12.2007	5 256,84	93,70	136,38	111,24	1 078,78	718,65	111,71	1 498,45	1 060,00	37,38	430,57	254,58	10 788,30

OCT	Grants	Interest-rate subsidies	Emergency aid	Refugee aid	Risk capital	Stabex	Sysmin	Total OCT
Situation 31.12.2006	43,91	1,14	0,00	0,00	6,50	1,18	2,49	55,22
Transfer to 9th EDF (21)	– 4,26	0,00	0,00	0,00	0,00	0,00	0,00	– 4,26
Situation at 31.12.2007	39,65	1,14	0,00	0,00	6,50	1,18	2,49	50,96

Table 1.5

9th EDF

Situation of appropriations: 31 December 2007

ANALYSIS OF FUND BY INSTRUMENT

(EUR million)
Instrument	Initial appropriation	Accumulated increases or reductions in resources at 31 December 2006	Increases or reductions in resources during 2007	Current appropriation
ACP
A envelope	5 318,30	3 861,95	351,63	9 531,87
B envelope	2 107,90	– 632,60	– 166,67	1 308,64
National allocation reserve	1 224,10	– 1 095,30	– 128,80	0,00
CDE+CTA+Joint Assistance	164,00	– 22,98	35,07	176,09
Long-term dev. reserve	257,85	– 60,10	– 197,75	0,00
Regional allocations	904,00	48,77	– 23,33	929,43
INTRA ACP	300,00	2 541,52	422,37	3 263,89
Implementation costs	125,00	0,00	0,00	125,00
Interest and other receipts	0,00	76,47	12,36	88,83
Special Congo allocation	0,00	108,47	0,14	108,61
Transfer 6th — 9th EDF	0,00	36,14	– 10,03	26,11
Voluntary Peace Facility Contributions	0,00	0,00	39,17	39,17
TOTAL ACP	10 401,15	4 862,34	334,15	15 597,63
OCT
A envelope	0,00	210,15	40,01	250,16
Use of C reserve	0,00	3,70	3,30	7,00
Long-term dev. reserve	144,00	– 86,96	– 57,04	0,00
Regional allocations	8,00	19,51	22,14	49,65
Technical assistance envelope	2,00	0,00	0,00	2,00
Transfer 6th — 9th EDF	0,00	0,70	– 0,76	– 0,06 (22)
TOTAL OCT	154,00	147,11	7,64	308,75
TOTAL 9TH EDF	10 555,15	5 009,45	341,78	15 906,38

Table 1.6

9th EDF

Situation of appropriations: 31 December 2007

ANALYSIS OF MOVEMENTS DURING THE YEAR

(EUR million)
ACP	A envelope	B envelope	National allocation reserve	CDE+CTA+Joint Assembly	Long-term dev. reserve	Regional allocations	INTRA ACP	Implementation costs	Interest and other receipts	Special Congo allocation	Transfer 6th — 9th EDF	Voluntary Contribution to Peace Facility	TOTAL ACP
Situation at 31.12.2006	9 180,25	1 475,30	128,80	141,02	197,75	952,77	2 841,52	125,00	76,47	108,47	36,14	0,00	15 263,49
Transfer to 9th EDF (1)	154,64			0,07	90,60	24,03	12,14						281,48
Release of conditional billion					0,00		1,00						1,00
Transfer from lg. trm dev. res. to intra acp res (2)	36,14			35,00	– 431,52		360,38						0,00
2007 EFD interest + Special Congo allocation					0,00				12,36	0,14			12,50
Transfer from A & B envelope to LTDR (ETR)	85,72	– 216,37			130,64	– 36,69	36,69						– 0,00
Amendment of A & B envelopes (ETR)	– 0,08	19,50	– 128,80		109,38								0,00
Mid term review Regional allocations Transfers						– 10,68	10,68						0,00
Transfers — ad hoc review, 1 Dec. 2007	67,50	30,20			– 97,70								0,00
Transfer 6th — 9th EDF	7,70				0,85		1,48				– 10,03		0,00
Voluntary Contribution to Peace Facility (3)												39,17	39,17
Situation at 31.12.2007	9 531,87	1 308,64	0,00	176,09	0,00	929,43	3 263,89	125,00	88,83	108,61	26,11	39,17	15 597,63

OCT	A envelope	C envelope	Long-term dev. reserve	Regional allocations	Technical assistance envelope	Transfer 6th — 9th EDF	TOTAL OCT
Situation at 31.12.2006	210,15	3,70	57,04	27,51	2,00	0,70	301,11
Transfer to 9th EDF (23)	7,05			0,59		0,00	7,64
Reserve allocation (24)	32,27	3,30	-57,04	21,48			0,00
Transfer 6th — 9th EDF	0,69			0,07		– 0,76	0,00
Situation at 31.12.2007	250,16	7,00	0,00	49,65	2,00	– 0,06	308,75

Table 1.7

7th-8th-9th EDF

INCREASES, REDUCTIONS AND TRANSFER OF RESOURCES DURING 2007

(EUR million)
ACP	TOTAL 7th EDF	TOTAL 8th EDF	TOTAL 9th EDF	Net variation
SITUATION AT 31.12.2006	10 522,04	10 995,07	15 263,49
Transfer to 9th EDF (1)	– 68,54	– 212,95	281,48	0,00
Interest earned on Stabex security accounts		6,18		6,18
Release of conditional billion			1,00	1,00
2007 interest on EDF funds and special Congo allocation			12,50	12,50
Voluntary Peace Facility Contributions			39,17	39,17
SITUATION AT 31.12.2007	10 453,51	10 788,30	15 597,63	58,84

OCT	TOTAL 7th EDF	TOTAL 8th EDF	TOTAL 9th EDF	Net variation
SITUATION AT 31.12.2006	132,88	55,22	301,11
Transfer to 9th EDF (25)	– 3,38	– 4,26	7,64	0,00
SITUATION AT 31.12.2006	129,50	50,96	308,75	0,00
TOTAL ACP + OCT	10 583,01	10 839,26	15 906,38	58,84
TOTAL TRANSFER TO 9th EDF	– 71,91	– 217,21	289,12	0,00

2.2. AGGREGATED ACCOUNTS

Table 2.1

EDF aggregated accounts at 31.12.2007

PROGRESS REPORT

(EUR million)
	Appropriations	7th EDF	8th EDF	9th EDF	7th, 8th and 9th
Lomé	Programmable aid	5 362,77	5 296,49		10 659,25
	Non-programmable aid	4 852,63	4 820,24		9 672,87
	Transfers to other Funds	317,61		26,05	343,66
	Sundry revenue		37,38		37,38
Cotonou	A envelope		430,57	9 782,03	10 212,61
	B envelope		254,58	1 315,64	1 570,21
	Regional Allocation			979,08	979,08
	Intra ACP allocation	50,00		3 262,87	3 312,87
	Intra ACP reserve			1,02	1,02
	CDE, CTA and Joint Assembly			176,09	176,09
	Special allocation Counc.dec.4/04			108,61	108,61
	Voluntary contribution Peace facility			39,17	39,17
	Implementation costs and interest			215,83	215,83
	TOTAL	10 583,01	10 839,26	15 906,38	37 328,65

(EUR million)

EDF

Aggregate total

Annual figures

As at 31.12.2007

% of appropriation

2003

2004

2005

2006

2007

DECISIONS

10 583,01

100 %

– 2,60

– 58,42

– 86,09

– 126,67

– 71,91

10 839,26

100 %

255,11

– 172,26

– 275,05

– 265,29

– 211,03

15 857,10

100 %

3 156,44

2 638,08

3 420,76

3 186,70

3 455,11

TOTAL

37 279,37

3 408,96

2 407,40

3 059,62

2 794,74

3 172,17

ASSIGNED FUNDS

10 517,15

99 %

311,69

121,42

110,52

– 6,34

– 5,51

10 484,62

97 %

1 406,57

848,67

471,95

202,48

35,03

11 044,21

69 %

993,70

1 747,48

2 070,90

2 914,80

3 317,33

TOTAL

32 045,98

2 711,97

2 717,58

2 653,36

3 110,94

3 346,85

PAYMENTS

10 340,78

98 %

382,21

234,94

235,31

159,24

96,66

9 605,45

89 %

1 472,56

985,34

858,47

736,81

483,42

6 753,74

42 %

277,66

947,56

1 373,70

1 860,93

2 293,89

TOTAL

26 699,96

2 132,43

2 167,84

2 467,48

2 756,98

2 873,97

*	Negative figures represent decommitments.

Table 2.2

EDF aggregated accounts at 31.12.2007

CLASS OF AID

(EUR million)
		7th EDF	%	8th EDF	%	9th EDF	%	TOTAL	%
		7th EDF	(26)	8th EDF	(26)	9th EDF	(26)	TOTAL	(26)
Lomé	PROGRAMMABLE AID (NIP)
	Appropriation	5 362,77		5 296,49				10 659,25
	Decisions	5 362,77	100 %	5 296,49	100 %			10 659,25	100 %
	Assigned funds	5 303,11	99 %	5 062,12	96 %			10 365,23	97 %
	Payments	5 216,32	97 %	4 531,90	86 %			9 748,22	91 %
	NON-PROGRAMMABLE AID
	Appropriation	4 852,63		4 820,24				9 672,87
	Decisions	4 852,63	100 %	4 820,24	100 %			9 672,87	100 %
	Assigned funds	4 850,59	100 %	4 787,55	99 %			9 638,14	100 %
	Payments	4 764,01	98 %	4 544,05	94 %			9 308,05	96 %
	TRANSFERS FROM OTHER FUNDS
	Appropriation	317,61				26,05		343,66
	Decisions	317,61	100 %			26,05	100 %	343,66	100 %
	Assigned funds	313,45	99 %			21,06	81 %	334,51	97 %
	Payments	310,45	98 %			10,06	39 %	320,51	93 %
	SUNDRY REVENUE
	Appropriation			37,38				37,38
	Decisions			37,38	100 %			37,38	11 %
	Assigned funds			35,54	95 %			35,54	10 %
	Payments			33,20	89 %			33,20	10 %
	TOTAL
	Appropriation	10 533,01		10 154,11		26,05		20 713,17
	Decisions	10 533,01	100 %	10 154,11	100 %	26,05	100 %	20 713,17	100 %
	Assigned funds	10 467,15	99 %	9 885,21	97 %	21,06	81 %	20 373,42	98 %
	Payments	10 290,78	98 %	9 109,14	90 %	10,06	39 %	19 409,98	94 %
Cotonou	A Envelope
	Appropriation			430,57		9 782,03		10 212,61
	Decisions			430,57	100 %	9 764,04	100 %	10 194,62	100 %
	Assigned funds			418,60	97 %	6 785,47	69 %	7 204,07	71 %
	Payments			392,61	91 %	4 318,73	44 %	4 711,34	46 %
	B Envelope
	Appropriation			254,58		1 315,64		1 570,21
	Decisions			254,58	100 %	1 315,64	100 %	1 570,21	100 %
	Assigned funds			180,81	71 %	872,77	66 %	1 053,58	67 %
	Payments			103,70	41 %	650,65	49 %	754,34	48 %
	CDE, CTA and Joint Assembly
	Appropriation					176,09		176,09
	Decisions					176,00	100 %	176,00	100 %
	Assigned funds					167,21	95 %	167,21	95 %
	Payments					134,24	76 %	134,24	80 %
	Regional Allocation
	Appropriation					979,08		979,08
	Decisions					978,91	100 %	978,91	100 %
	Assigned funds					606,96	62 %	606,96	62 %
	Payments					219,63	22 %	219,63	22 %
	Intra ACP Allocation
	Appropriation	50,00				3 262,87		3 312,87
	Decisions	50,00	100 %			3 261,85	100 %	3 311,85	100 %
	Assigned funds	50,00	100 %			2 276,62	70 %	2 326,62	70 %
	Payments	50,00	100 %			1 132,75	35 %	1 182,75	36 %
	Voluntary contribution Peace Facility
	Appropriation					39,17		39,17
	Decisions					39,17	1 %	39,17	1 %
	Assigned funds					37,01	1 %	37,01	1 %
	Payments					29,22	1 %	29,22	1 %
	Spec. Alloc Counc.dec.4/04
	Appropriation					108,61		108,61
	Decisions					108,47	3 %	108,47	3 %
	Assigned funds					108,19	3 %	108,19	3 %
	Payments					105,24	3 %	105,24	3 %
	Implementation costs and interest
	Appropriation					215,83		215,83
	Decisions					186,97	87 %	186,97	87 %
	Assigned funds					168,92	78 %	168,92	78 %
	Payments					153,23	71 %	153,23	71 %
	TOTAL
	Appropriation	50,00		685,15		15 879,31		16 614,46
	Decisions	50,00	100 %	685,15	100 %	15 831,05	100 %	16 566,20	100 %
	Assigned funds	50,00	100 %	599,41	87 %	11 023,16	69 %	11 672,57	70 %
	Payments	50,00	100 %	496,30	72 %	6 743,68	42 %	7 289,98	44 %
	INTRA ACP RESERVE					1,02		1,02
	TOTAL
	Appropriation	10 583,01		10 839,26		15 906,38		37 328,65
	Decisions	10 583,01	100 %	10 839,26	100 %	15 857,10	100 %	37 279,37	100 %
	Assigned funds	10 517,15	99 %	10 484,62	97 %	11 044,21	69 %	32 045,98	86 %
	Payments	10 340,78	98 %	9 605,45	89 %	6 753,74	42 %	26 699,96	72 %

Table 2.3

EDF aggregated accounts at 31.12.2007:

ANALYSIS BY AID INSTRUMENT

ACP + OCT — 7th EDF

(EUR million)
	Appropriations	Decisions			Assigned funds			Payments
	Appropriations	Agg. total	Annual	%	Agg. total	Annual	%	Agg. total	Annual	%
	(1)	(2)		(2) : (1)	(3)		(3) : (2)	(4)		(4) : (3)
ACP
LOME
Total indicative programmes	5 279,60	5 279,60	– 50,80	100 %	5 220,07	4,36	99 %	5 133,82	62,80	98 %
Total non-programmable aid	4 814,91	4 814,91	– 13,88	100 %	4 813,07	– 3,78	100 %	4 726,73	32,47	98 %
Interest-rate subsidies	198,49	198,49		100 %	198,00	– 0,49	100 %	198,00	– 0,49	100 %
Emergency aid	403,27	403,27	– 0,07	100 %	403,27	– 0,00	100 %	403,13	– 0,00	100 %
Aid for refugees	83,86	83,86	– 0,10	100 %	83,67	– 0,18	100 %	83,57		100 %
Risk capital	813,38	813,38	– 3,13	100 %	813,38	– 3,13	100 %	775,11	5,28	95 %
Stabex	1 696,69	1 696,69		100 %	1 696,69		100 %	1 694,18	8,23	100 %
Sysmin	430,54	430,54	– 10,08	100 %	429,37	0,11	100 %	384,13	19,45	89 %
Structural adjustment	1 148,67	1 148,67	– 0,50	100 %	1 148,67	– 0,08	100 %	1 148,61		100 %
Heavily indebted poor countries	40,00	40,00		100 %	40,00		100 %	40,00		100 %
Transfer 5th EDF — 7th EDF	309,00	309,00	– 3,85	100 %	304,88	– 4,86	99 %	301,88	0,39	99 %
Sundry Revenue
COTONOU
Intra ACP Allocation	50,00	50,00		100 %	50,00		100 %	50,00		100 %
General Reserve
TOTAL ACP (a)	10 453,51	10 453,51	– 68,54	100 %	10 388,02	– 4,28	99 %	10 212,43	95,66	98 %
OCT
Total indicative programmes	83,17	83,17	– 2,41	100 %	83,04	– 0,97	100 %	82,50	0,24	99 %
Total non-programmable aid	37,73	37,73	0,00	100 %	37,52	0,01	99 %	37,27	0,76	99 %
Interest-rate subsidies	4,18	4,18		100 %	4,18		100 %	4,18		100 %
Emergency aid	2,26	2,26		100 %	2,26		100 %	2,26		100 %
Aid for refugees	0,29	0,29		100 %	0,29		100 %	0,29		100 %
Risk capital	22,49	22,49		100 %	22,49		100 %	22,49		100 %
Stabex	6,00	6,00		100 %	6,00		100 %	6,00		100 %
Sysmin	2,50	2,50		100 %	2,29	0,01	92 %	2,05	0,76	89 %
Transfer 5th EDF — 7th EDF	8,61	8,61	– 0,97	100 %	8,57	– 0,27	100 %	8,57		100 %
TOTAL OCT (b)	129,50	129,50	– 3,38	100 %	129,13	– 1,23	100 %	128,34	1,00	99 %
TOTAL (a) + (b)	10 583,01	10 583,01	– 71,91	100 %	10 517,15	– 5,51	99 %	10 340,78	96,66	98 %

Table 2.4

EDF aggregated accounts at 31.12.2007

ANALYSIS BY AID INSTRUMENT

ACP + OCT — 8th EDF

(EUR million)
	Appropriations	Decisions			Assigned funds			Payments
	Appropriations	Agg. total	Annual	%	Agg. total	Annual	%	Agg. total	Annual	%
	(1)	(2)		(2): (1)	(3)		(3): (2)	(4)		(4): (3)
ACP
LOME
Total indicative programmes	5 256,84	5 256,84	– 134,77	100 %	5 025,52	59,32	96 %	4 498,08	296,73	90 %
Total non-programmable aid	4 846,31	4 846,31	– 68,99	100 %	4 811,84	– 52,51	99 %	4 567,01	134,53	95 %
Interest-rate subsidies	93,70	93,70	– 0,85	100 %	93,70	– 0,85	100 %	66,64	1,45	71 %
Emergency aid	136,38	136,38	– 0,14	100 %	136,37	– 0,15	100 %	136,37	– 0,15	100 %
Aid for refugees	111,24	111,24	– 5,36	100 %	109,16	– 2,88	98 %	100,54	1,31	92 %
Risk capital	1 078,78	1 078,78	– 48,99	100 %	1 078,78	– 48,99	100 %	974,50	52,52	90 %
Stabex	718,65	718,65	2,48	100 %	692,93	5,63	96 %	612,67	90,14	88 %
Sysmin	111,71	111,71	– 0,02	100 %	108,41	1,99	97 %	100,74	2,72	93 %
Structural adjustment	1 498,45	1 498,45	– 16,09	100 %	1 496,94	– 7,76	100 %	1 496,58	0,02	100 %
Heavily indebted poor countries	1 060,00	1 060,00	0,00	100 %	1 060,00	0,00	100 %	1 045,78	– 14,22	99 %
Utilisation of interest income	37,38	37,38		100 %	35,54	0,51	95 %	33,20	0,75	93 %
TOTAL	10 103,15	10 103,15	– 203,75	100 %	9 837,36	6,81	97 %	9 065,09	431,25	92 %
COTONOU
A Envelope	430,57	430,57	– 3,02	100 %	418,60	6,42	97 %	392,61	20,55	94 %
B Envelope	254,58	254,58		100 %	180,81	21,40	71 %	103,70	29,51	57 %
Regional allocation
TOTAL	685,15	685,15	– 3,02	100 %	599,41	27,82	87 %	496,30	50,07	83 %
TOTAL ACP (a)	10 788,30	10 788,30	– 206,77	100 %	10 436,77	34,62	97 %	9 561,39	481,32	92 %
OCT
Total indicative programmes	39,65	39,65	– 4,26	100 %	36,60	0,10	92 %	33,82	1,66	92 %
Total non-programmable aid	11,31	11,31	0,00	100 %	11,25	0,30	99 %	10,23	0,43	91 %
Interest-rate subsidies	1,14	1,14		100 %	1,14		100 %	1,14		100 %
Emergency aid
Aid for refugees
Risk capital	6,50	6,50		100 %	6,50		100 %	6,00		92 %
Stabex	1,18	1,18		100 %	1,18		100 %	1,18		100 %
Sysmin	2,49	2,49		100 %	2,43	0,30		1,91	0,43
TOTAL OCT (b)	50,96	50,96	– 4,26	200 %	47,85	0,40	94 %	44,05	2,09	92 %
TOTAL (a) + (b)	10 839,26	10 839,26	– 211,03	100 %	10 484,62	35,03	97 %	9 605,45	483,42	92 %

Table 2.5

EDF aggregated accounts at 31.12.2007:

ANALYSIS BY AID INSTRUMENT

ACP + OCT — 9th EDF

(EUR million)
	Appropriations	Decisions			Assigned funds			Payments
	Appropriations	Agg. total	Annual	%	Agg. total	Annual	%	Agg. total	Annual	%
	(1)	(2)		(2): (1)	(3)		(3): (2)	(4)		(4): (3)
ACP
A Envelope	9 531,87	9 531,75	1 787,75	100 %	6 666,60	1 908,48	70 %	4 242,35	1 581,62	64 %
Macroeconomic support		2 278,21	314,29		1 999,78	356,36		1 597,30	411,12
Sectoral Policies		7 253,54	1 473,47		4 666,82	1 552,12		2 645,05	1 170,50
B Envelope	1 308,64	1 308,64	252,87	100 %	869,32	222,91	66 %	650,65	182,87	75 %
Compensation export earnings		170,17	50,53		116,70	25,84		90,27	28,12
Emergency aid		1 127,27	200,74		741,42	195,47		549,18	153,16
Heavily indebted poor countries		11,20	1,60		11,20	1,60		11,20	1,60
Regional Allocation	929,43	929,33	202,47	100 %	600,33	307,27	65 %	215,54	132,61	36 %
Intra ACP Allocation	3 262,87	3 261,85	931,57	100 %	2 276,62	725,47	70 %	1 132,75	248,74	50 %
Other	176,09	176,00	67,00	100 %	167,21	60,26	95 %	134,24	42,40	80 %
Implementation costs	125,00	125,00	7,63	100 %	120,45	7,74	96 %	120,19	9,37	100 %
Interest and other receipts	88,83	59,97	31,62	68 %	47,76	36,00	80 %	32,58	28,50	68 %
Special allocation Congo	108,61	108,47	0,32	100 %	108,19	0,42	100 %	105,24	0,19	97 %
Voluntary contribution Peace facility	39,17	39,17	39,17	100 %	37,01	37,01	94 %	29,22	29,22	79 %
Transfers from 6th EDF	26,11	26,11	– 10,03	100 %	21,12	– 3,40	81 %	10,12	5,77	48 %
TOTAL	15 596,61	15 566,28	3 310,35	100 %	10 914,60	3 302,15	70 %	6 672,87	2 261,29	61 %
RESERVE INTRA ACP	1,02
TOTAL ACP (a)	15 597,63	15 566,28	3 310,35	100 %	10 914,60	3 302,15	70 %	6 672,87	2 261,29	61 %
OCT
A Envelope	250,16	232,30	106,27	93 %	118,87	10,92	51 %	76,38	30,88	64 %
Macroeconomic support		14,64	4,00		10,52			8,52	8,52
Sectoral Policies		217,66	102,27		108,36	10,92		67,86	22,37
B Envelope	7,00	7,00	3,30		3,46	3,46
Regional Allocation	49,65	49,58	35,26	100 %	6,63	0,46	13 %	4,09	1,53	62 %
Support expenditure	2,00	2,00		100 %	0,71	0,41	36 %	0,46	0,16	65 %
Transfers from 6th EDF	– 0,06	– 0,06	– 0,07	100 %	– 0,06	– 0,07	101 %	– 0,06	0,02	100 %
TOTAL OCT (b)	308,75	290,82	144,76	94 %	129,61	15,18	45 %	80,87	32,60	62 %
TOTAL (a) + (b)	15 906,38	15 857,10	3 455,11	100 %	11 044,21	3 317,33	70 %	6 753,74	2 293,89	61 %

Table 2.6

ANNUAL 2007 GROSS FIGURES BY INSTRUMENT FOR DECISIONS AND PAYMENTS

Annual Decision 2007

(EUR million)
		Commitments	Decommitments	Net
Lomé	Grants	0,00	(192,24)	(192,24)
	Total indicative programme	0,00	(192,24)	(192,24)
	Interest-rate subsidies	0,00	(0,85)	(0,85)
	Emergency aid	0,00	(0,22)	(0,22)
	Aid for refugees	0,00	(5,46)	(5,46)
	Risk capital	0,00	(52,12)	(52,12)
	Stabex (interets)	6,18	(3,69)	2,48
	Sysmin	0,00	(10,10)	(10,10)
	Transfer from other funds	0,00	(4,82)	(4,82)
	Structural adjustment	0,00	(16,60)	(16,60)
	Total non programmable aid	6,18	(93,86)	(87,69)
	Transfer from 6th EDF	0,00	(10,10)	(10,10)
	Total	6,18	– 296,21	– 290,03
Cotonou	A envelope	1 981,08	(90,07)	1 891,00
	B envelope	295,63	(39,46)	256,17
	CDE + CTA + joint assembly	67,00	0,00	67,00
	Regional allocation	251,92	(14,19)	237,73
	Intra acp allocation	946,45	(14,88)	931,57
	Voluntary contributions peace facility	39,17	0,00	39,17
	Special congo allocation	0,32	0,00	0,32
	Use of interest/implem.costs	48,59	(9,35)	39,24
	Total	3 630,15	– 167,95	3 462,20
Total		3 636,33	– 464,16	3 172,17

Annual Payments 2007

(EUR million)
		Paid	Recovered (27)	Net
Lomé	Grants	388,34	(26,91)	361,43
	Total indicative programme	388,34	(26,91)	361,43
	Interest-rate subsidies	1,47	(0,52)	0,95
	Emergency aid	0,00	(0,15)	(0,15)
	Aid for refugees	1,78	(0,47)	1,31
	Risk capital	57,81	0,00	57,81
	Stabex	98,37	0,00	98,37
	Sysmin	23,39	(0,03)	23,36
	Transfer from other funds	0,41	(0,02)	0,39
	Structural adjustment	0,06	(0,04)	0,02
	Total non programmable aid	183,28	(1,22)	182,05
	Use of interest	0,75	0,00	0,75
	Transfer from 6th EDF	6,66	(0,87)	5,79
	Total	579,02	(29,00)	550,02
Cotonou	A envelope	1 641,69	(8,63)	1 633,06
	B envelope	217,15	(4,77)	212,39
	CDE + CTA + joint assembly	43,43	(1,03)	42,40
	Regional allocation	135,77	(1,63)	134,14
	Intra acp allocation	234,83	(0,30)	234,52
	Technical assistance — OCTS	0,16	0,00	0,16
	Voluntary contributions peace facility	29,22	0,00	29,22
	Special congo allocation	0,19	0,00	0,19
	Use of interest/implem.costs	38,04	(0,17)	37,87
	Total	2 340,49	(16,54)	2 323,95
Total		2 919,51	(45,54)	2 873,97

2.3. SITUATION BY COUNTRY AND BY INSTRUMENT

The tables are in Annex 2.

Notes to the management accounts:

—	In the tables, the figure ‘0,00’ indicates that the corresponding amount is between EUR –4 999 and EUR 4 999.

Where no figure is given, the amount is zero.

Countries with a nil balance in all columns are not listed in the tables.

—	The heading ‘All countries’ refers to projects which cover a number of countries but are not financed by regional cooperation.

—	The heading ‘Financial and administrative expenses’ represents projects financed by EDF interest which have been transferred to a financial instrument (grants, Structural Adjustment Facility).

2.3.1. 7th EDF

In the first column of tables 3.2.1 and 3.2.2, the allocation for ‘Regional cooperation’ (EUR 1 081,31 million) comprises the following:

Commission's regional cooperation target (ACP states only)	1 125,00
Target overrun	(5,92)
Transfers from unallocated resources in order to finance the programme of assistance to ACP countries for integration within the WTO	67,90
Amount transferred to the general reserve during 2000 in accordance with the transitional measures	10,00
Amount transferred to the general reserve during 2001 in accordance with the transitional measures	(8,50)
Amount transferred to the general reserve during 2002 in accordance with the transitional measures	(2,20)
Amount transferred to the 9th EDF during 2003 following the entry into force of Cotonou	(0,70)
Amount transferred to the 9th EDF during 2004 following the entry into force of Cotonou	(49,10)
Amount transferred to the 9th EDF during 2005 following the entry into force of Cotonou	(8,26)
Amount transferred to the 9th EDF during 2006 following the entry into force of Cotonou	(34,41)
Amount transferred to the 9th EDF during 2007 following the entry into force of Cotonou	(12,44)
Total at 31.12.2007	1081,31

All the amounts of allocations correspond to the decisions, as the amounts not committed were transferred to the 9th EDF following the entry into force of Cotonou (Commission decision of 16 April 2003).

2.3.2. 8th EDF

In the second column of tables 1 and 2, the allocation for ‘Regional cooperation’ (EUR 1 374,31 million) comprises the following:

Commission's regional cooperation target (ACP states only)	1 300,00
Council Decision 3/2000 in order to ensure the continuity of several activities pending the entry into force of the 9th EDF	306,00
Council Decision 10/2001 of 20.12.2001 on the use of unallocated resources from the 8th EDF	180,70
In accordance with the transitional measures	(68,00)
Council Decision 3/2002 of 23.12.2002 on the use of unallocated resources from the 8th EDF	54,20
Amount transferred to the 9th EDF during 2003 following the entry into force of Cotonou	(317,33)
Amount transferred to the 9th EDF during 2004 following the entry into force of Cotonou	(5,01)
Amount transferred to the 9th EDF during 2005 following the entry into force of Cotonou	(31,62)
Amount transferred to the 9th EDF during 2006 following the entry into force of Cotonou	(20,83)
Amount transferred to the 9th EDF during 2007 following the entry into force of Cotonou	(23,81)
Total at 31.12.2007	1 374.31

2.3.3. 9th EDF

In all tables the presentation takes into account the financial resources (envelope A, envelope B and implementation costs) used and the nature of the project (macroeconomic support, sectoral policies, emergency assistance, etc.).

2.4. OTHER MANAGEMENT INFORMATION

Table 4.1.1

SITUATION CONCERNING ‘DORMANT’ COMMITMENTS

The tables below show, for each of the allocations of the seventh, eighth and ninth EDFs, the commitments for which implementation is slow. A commitment is considered ‘dormant’ or ‘slow’ if, in the course of the 24 months preceding the end of the financial year 2007:

—	no new contract has been concluded

—	no existing contract has been revised

—	no payment or advance has been made.

Pre-2002 dormant projects (old RAL) are not included in the table.

Slow commitments are in three categories:

Projects which must remain open, projects to be closed, projects whose staus is not known.

The book values shown are the sum of the amounts committed but not paid, commonly known as the ‘RAL’.

For projects with a book value of over €1 million which must remain open even though apparently inactive or for which no evidence of their status has been obtained, certain comments appear in the notes below

Appropriations	7			8				9				Total
Appropriations	Amount not paid against commitment	Balance to be left open	Balance to be closed	Amount not paid against commitment	Balance to be left open	Balance to be closed	Status unknown	Amount not paid against commitment	Balance to be left open	Balance to be closed	Status unknown	Amount not paid against commitment	Balance to be left open	Balance to be closed	Status unknown
Programmable aid	0,10	0,07	0,03	0,45	0,00	0,11	0,34	39,46	37,39	1,31	0,77	40,02	37,46	1,45	1,11
Saf				0,00		0,00						0,00		0,00
Aid for refugees				1,80	1,21	0,59						1,80	1,21	0,59
Interest subsidies				19,67	16,24		3,43					19,67	16,24		3,43
Risk capital	0,20	0,20		37,98	37,98							38,18	38,18
Previous edfs								0,01		0,01		0,01		0,01
Grand total	0,30	0,27	0,03	59,91	55,43	0,70	3,77	39,47	37,39	1,31	0,77	99,67	93,09	2,04	4,54

Table 4.1.2

CLASSIFICATION OF ‘TO REMAIN OPEN’ DORMANT PROJECTS

1. Commission projects

(EUR million)
EDF	Country	Project	RAL
7	Angola	Support for production of film ‘Comboio da Canhoca’	0,07
7	Sao Tome	Programme Of support for cultural initiatives	0,00
8	Eritrea	Inf. programme to support refugees and internally displaced	0,73
	Eritrea	Inf. support for voluntary repatriation and reintegration	0,47
	Burkina Faso	Support for decentralised cultural initiatives — Phase 2	0,00
9	Benin	Rehabilitation of flood-prone districts of west cotonou	20,00
	Burkina Faso	Capacity-building civil society organisations (PROS)	15,00
	Togo	4th general census of population and housing	1,98
	Centrafrica	Support for democratic transition	0,30
	Bahamas	Technical Cooperation Facility (TCF)	0,07
	Malawi	Increase in ceiling 8 acp may 14, note 28571 of 24.12.2003	0,04
Total			38,67

2. EIB projects

(EUR million)
EDF	Country	Project	RAL
7	ACP TV	DBT II global loan (8 TV 3) (22440, 22441)	0,20
8	ACP MAS	Plaines wilhems sewerage project (21396)	7,46
	ACP SW	Seb iii maguga (22105)	7,00
	ACP DO	Financial sector gl ii a (21889)	4,51
	ACP DO	Financial sector gl ii b (21993)	3,44
	ACP SLU	Bank of st. lucia gl (21432)	3,00
	ACP SW	Motraco ii	1,75
	ACP SLU	Bank of st. lucia gl (21435)	0,84
	ACP MOZ	Motraco II	0,58
	ACP CD	Global loan financial sector (22120)	0,50
	ACP ET	Development of Bank of Ethiopia (DBE) GL II (22424)	25,00
	ACP TV	DBT II Global loan	0,15
Total			54,43

Table 4.2.1

UNFINALISED PAYING AGENTS' CASHFLOWS

Revenue and expenditure on paying agents' accounts still to be entered in the authorising officer's accounts at the end of 2007 (shown by beneficiary country).

(amounts in EUR '000)
Country	Total
Total ACP states	1 216,92
BARBADOS	32,14
CHAD	5,23
CAMEROON	75,78
CONGO BRAZZAVILLE	39,76
DOMINICA	0,52
ETHIOPIA	0,74
GAMBIA	29,17
GUINEA BISSAU	119,62
GUINEA	21,81
MADAGASCAR	405,94
MALAWI	174,02
MAURITANIA	121,67
NAMIBIA	210,50
SAO TOME PRINCIPE	63,20
TANZANIA	41,60
UGANDA	7,93
Other ACP (regional, fed gpr.)	21,47
OCT	4,69
Total	1 221,61
Situation at 31 December 2006:	2 682,82
Annual change:	(54,47 %)

Table 4.2.2

ADVANCES FOR STUDY AWARDS AND TECHNICAL ASSISTANCE CONTRACTS AT 31.12.2007

Advances are paid to Commission delegations and agencies in Member States administering study awards and technical assistance contracts on behalf of the Commission. These advances are cleared regularly, when expense reports are received, and replenished based on the volume of study awards and technical assistance contracts handled.

The amount of outstanding advances at the end of 2006 and 2007 respectively is shown below.

(amounts in EUR '000)
	31.12.2006	31.12.2007
STUDY AWARDS	1 145,4	940,8
Commission Delegations	755,9	572,3
BURKINA FASO	46,9
CAMEROUN	30,7	0,1
IVORY COAST	133,0	106,5
JAMAICA	26,3	19,8
KENYA	41,5	1,8
LIBERIA	45,0	45,0
MAURITIUS	23,5
RWANDA	53,6	53,6
SENEGAL	43,1	43,1
TANZANIA	77,2	77,2
NIGERIA	78,7	78,7
ZAMBIA	28,4	28,4
OTHER COMMISSION DELEGATIONS	198,6	118,1
Member State agencies	389,5	368,5
FRANCE/CIES	0,8	7,2
GERMANY/INWENT	0,9	0,9
NETHERLANDS/NUFFIC	13,0
PORTUGAL/INSTITUTO DA COOPERAÇAO PORTUGUESA	50,3	50,3
UK/BRITISH COUNCIL	324,5	324,5
TECHNICAL ASSISTANCE*	437,2	436,2
AEC	437,2	436,2
Total	1 582,6	1 376,9

Table 4.2.3

ITALIAN CO-FINANCING

In 1985 the European Commission signed an agreement with the Italian Government providing for the co-financing of development projects managed by the Commission.

The agreement was regularly extended by means of exchanges of letters between the Italian Government and the Development Commissioner until 31 December 2004.

Then by written procedure E/1588/2004 the Commission took a decision on implementation of the co-financing framework agreement. The purpose of the decision was to lay down the budgetary and regulatory framework for commitments made under the agreement. The Commission decision accordingly provided that this co-financing should be implemented in accordance with the provisions of the EDF financial regulation. The decision empowered the EDF authorising officers by delegation or subdelegation to manage Italy's contribution to this co-financing. They were also empowered to determine the final date for its implementation in compliance with the relevant rules.

In accordance with Article 4, point 4 of the July 1985 agreement between the European Commission and the Italian Government, a provision confirmed in Article 3, point 3 of decision E/1588/2004, the Italian Government requested by letter of 15 December 2006 that the Commission repay the account balances of the closed projects. These balances totalled EUR 4 708 867,66 (* — see table below). This amount was placed on an interim account and will be reimbursed to the Italian Government in the course of 2008. The interest yielded by these accounts amounted to EUR 6 153,92 and has been transferred to the interest account.

At the end of 2007, the situation concerning the Italian funds managed by the Commission for projects in the ACP countries was as follows (EUR):

Project No		Country	Project	Balance 31.12.2006	Contribution	Closure of account (*)	Payments	Balance 31.12.2007
ITA COF	9	ZAMBIA	Sysmin II	438 254,02		– 438 254,02	0,00	0,00
ITA COF	11	ZAIRE	Parco Virunga	155 561,80		– 155 561,80	0,00	0,00
ITA COF	12	GUINEE BISSAU	Farim bridge	3 034,20		– 3 034,20	0,00	0,00
ITA COF	15	ZAIRE	A.T. Kivu	202 332,84		– 202 332,84	0,00	0,00
ITA COF	20	BURKINA FASO	DIAPER II	35 326,10		– 35 326,10	0,00	0,00
ITA COF	22	BOTSWANA	K. airport	160 586,01		– 160 586,01	0,00	0,00
ITA COF	23	SOMALIA	Somalia — Rinderpest	1 694 318,41		– 1 694 318,41	0,00	0,00
ITA COF	24	GUINEA BISSAU	Oil imports	194 860,96		– 194 860,96	0,00	0,00
ITA COF	25	MALI	Nioro	169 812,57		– 169 812,57	0,00	0,00
ITA COF	26	ANGOLA	Boavida hosp.	161 422,54		– 161 422,54	0,00	0,00
ITA COF	27	TANZANIA	Hospital P.	9 592,49		– 9 592,49	0,00	0,00
ITA COF	28	DJIBOUTI	IGADD food project	3 031,61		– 3 031,61	0,00	0,00
ITA COF	29	SEYCHELLES	Technical assistance	51 073,21		– 51 073,21	0,00	0,00
ITA COF	31	BURUNDI	Rutana Kankuzo	154 846,04		– 154 846,04	0,00	0,00
ITA COF	33	GUI. CONAKRY	Fouta Djalon	305 162,33		– 305 162,33	0,00	0,00
ITA COF	36	BURKINA FASO	Technical assistance	89 763,43		– 89 763,43	0,00	0,00
ITA COF	37		Interest from co-financing	9 707 352,99	987 770,10	0,00	154 639,00	10 540 484,09
ITA COF	39	ANGOLA	Lubango road	200 500,00		– 200 500,00	0,00	0,00
ITA COF	40	(28)	Administrative expenditure	484 551,70	4 832 181,80	0,00	0,00	5 316 733,50
ITA COF	41	MOZAMBIQUE	Technical assistance	78 963,69		– 78 963,69	0,00	0,00
ITA COF	42	MOZAMBIQUE	Maputo	14 387,00		– 14 387,00	0,00	0,00
ITA COF	44	MADAGASCAR	Manambery bridge	65 250,91		– 65 250,91	0,00	0,00
ITA COF	45	MOZAMBIQUE	Children assistance	11 295,81		– 11 295,81	0,00	0,00
ITA COF	46	ANGOLA	Minors assistance	497,94		– 497,94	0,00	0,00
ITA COF	47	ACP	ACP-Conf. after Lome IV	2 708,00		– 2 708,00	0,00	0,00
ITA COF	48	ANGOLA	SME	27 750,00		– 27 750,00	0,00	0,00
ITA COF	50	SOMALIA	Rehabilitation	17 271 593,98	154 639,00	0,00	5 936 100,18	11 490 132,80
ITA COF	51	TANZANIA	Bogamoyo road	1 386 304,54		0,00	0,00	1 386 304,54
ITA COF	52	SOMALIA	PACE	478 535,75		– 478 535,75	0,00	0,00
TOTAL				33 558 670,87	5 974 590,90	– 4 708 867,66	5 120 587,18	28 733 654,93

In all, 52 projects implemented in the ACP countries have been co-financed by Italy since the signing of the above agreement, only one of which, ‘4th rehabilitation programme — Somalia’, is still in progress.

3. FINANCIAL INFORMATION EIB

3.1. INCOME STATEMENT INVESTMENT FACILITY

	Notes	Year to 31.12.2007	Year to 31.12.2006
Interest and similar income	5	46 580	23 816
Interest and similar expense	5	(1 218)	(2 493)
Net interest and similar income		45 362	21 323
Net fees and commission income	6	1 396	4 366
Net fees and commission income		1 396	4 366
Net result on financial operations	7	(8 005)	(283)
Impairment charge for credit loss	11	(2 770)	(1 693)
Member States special contribution to general administrative expenses	8	32 756	33 913
General administrative expenses	8	(32 756)	(33 913)
Profit for the year		35 983	23 713

3.2. BALANCE SHEET INVESTMENT FACILITY

	Notes	2007	2006
ASSETS
Cash and cash equivalents	9	184 772	190 780
Derivative financial instruments	10	25 279	8 592
Loans and receivables	11	572 530	338 997
of which accrued interest		10 779	3 784
Financial investments — available-for-sale	12
Equity investment — available-for-sale		109 363	66 449
Amounts receivable from contributors	13	181 183	103 913
Other assets	14	4 291	1 813
Total assets		1 077 418	710 544
LIABILITIES AND EQUITY
LIABILITIES
Derivative financial instruments	10	841	119
Deferred income	15	18 030	7 908
Amount owed to third parties	16	131 152	134 425
Other liabilities	17	916	1 911
Total Liabilities		150 939	144 363
EQUITY
Facility Member States Contribution called	18	830 000	515 000
Retained earnings		77 167	41 184
Fair value reserve		19 312	9 997
Total Equity		926 479	566 181
Total Liabilities and Equity		1 077 418	710 544

3.3. CASH FLOW STATEMENT INVESTMENT FACILITY

	2007	2006
OPERATING ACTIVITIES
Profit for the financial year	35 983	23 713
Adjustments
Impairment on equity investment available-for-sale	366	130
Impairment on loans	2 770	1 693
Interest capitalised	(6 747)	(4 303)
Increase in accruals and deferred income	4 150	8 038
Profit on operating activities before changes in operating assets and liabilities	36 522	29 271
Net loan disbursements	(286 028)	(157 004)
Repayments	34 214	3 585
Fair value movement on derivatives	(15 965)	(14 057)
Increase in prepayments and accrued income on loans	—	(1 062)
Increase in equity investments available-for-sale	(43 143)	(31 965)
Proceeds from equity investments available-for-sale	8 248	25
Increase in other assets	(2 456)	(1 014)
Increase in other liabilities	(518)	1 463
Net cash flows from operating activities	(269 126)	(170 758)
FINANCING ACTIVITIES
Paid in by Facility Member States	315 000	145 000
Increase/(decrease) in amount receivable from contributors	(77 271)	(11 458)
Net increase in amount payable from interest subsidies	(3 273)	17 312
Increase in amount payable to third parties	(538)	1 458
Net cash flows from/(used in) financing activities	233 918	152 312
Net increase in cash and cash equivalents	(35 208)	(18 446)
Cash and cash equivalents at beginning of financial year	190 780	194 916
Effect of exchange rate changes on loans and equity investments	29 200	14 310
Cash and cash equivalents at end of financial year	184 772	190 780

3.4. STATEMENT OF CHANGES IN EQUITY INVESTMENT FACILITY

For the year ended 31 December 2007	Facility Member States Contribution	Retained earnings	Fair value reserve on AFS investments	Total Equity
At 1 January 2007	515 000	41 184	9 997	566 181
Net changes in equity investments — available-for-sale	—	—	9 315	9 315
Facility Member States contribution called during the year	315 000	—	—	315 000
Profit for the year	—	35 983	—	35 983
Changes in contributors' resources	315 000	35 983	9 315	360 298
At 31 December 2007	830 000	77 167	19 312	926 479
At 1 January 2006	370 000	17 471	6 443	393 914
Net changes in equity investments — available-for-sale	—	—	3 554	3 554
Facility Member States contribution called during the year	145 000	—	—	145 000
Profit for the year	—	23 713	—	23 713
Changes in contributors' resources	145 000	23 713	3 554	172 267
At 31 December 2006	515 000	41 184	9 997	566 181

3.5. NOTES TO THE FINANCIAL STATEMENTS

1. GENERAL INFORMATION

The Investment Facility has been established within the framework of the Cotonou Agreement (the ‘Agreement’) on co-operation and development assistance negotiated between the African, Caribbean and Pacific Group of States (the ‘ACP States’) and the European Union and its Member States on 23 June 2000 and revised on 25 June 2005.

The Investment Facility is managed by the European Investment Bank (the ‘EIB’ or the ‘Bank’). Under the terms of the Agreement up to EUR 2,200 million for ACP and EUR 20 million for OCT (as agreed by the Council Decision of 27 November 2001 on the association of the Overseas Countries and Territories with the European Community) may be allocated to finance the Investment Facility. Within the framework of the Agreement, the EIB also manages loans granted from its own resources. All other financial resources and instruments under the Agreement are administered by the European Commission.

2. SIGNIFICANT ACCOUNTING POLICIES

Basis of preparation

In line with the Investment Facility Management Agreement the preparation of the financial statements of the Facility is guided by International Public Sector Accounting Standards or International Financial Reporting Standards, as appropriate. The Facility's financial statements have been prepared on the basis of the following significant accounting principles:

Significant accounting judgments and estimates

The preparation of financial statements requires the use of certain critical accounting estimates. It also requires management to exercise its judgment in the process of applying the Investment Facility's accounting policies. The areas involving a higher degree of judgment or complexity, or areas where assumptions and estimates are significant to the financial statements are disclosed.

The most significant use of judgments and estimates are as follows:

Fair value of financial instruments

Where the fair values of financial assets and financial liabilities recorded on the balance sheet cannot be derived from active markets, they are determined using a variety of valuation techniques that include the use of mathematical models. The input to these models is taken from observable markets where possible, but where this is not feasible, a degree of judgment is required in establishing fair values. The judgments include considerations of liquidity and model inputs such as correlation and volatility for longer dated derivatives.

Impairment losses on loans and receivables

The Investment Facility reviews its problem loans and receivables at each reporting date to assess whether an allowance for impairment should be recorded in the income statement. In particular, judgment by management is required in the estimation of the amount and timing of future cash flows when determining the level of allowance required. Such estimates are based on assumptions about a number of factors and actual results may differ, resulting in future changes to the allowance. In addition to specific allowance against individually significant loans and receivables, the Investment Facility also makes a collective impairment allowance against exposures which, although not specifically identified as requiring a specific allowance, have a greater risk of default than when originally granted. This collective allowance is based on any deterioration in the internal rating of the loan or investment since it was granted or acquired. These internal ratings take into consideration factors such as any deterioration in country risk, industry, and technological obsolescence, as well as identified structural weaknesses or deterioration in cash flows.

Valuation of unquoted available-for-sale equity investments

Valuation of unquoted available-for-sale equity investments is normally based on one of the following:

—	recent arms length market transactions;

—	current fair value of another instrument that is substantially the same;

—	the expected cash flows discounted at current rates applicable for items with similar terms and risk characteristics; or

—	other valuation models.

The determination of the cash flows and discount factors for unquoted available-for-sale equity investments requires significant estimation. The Investment Facility calibrates the valuation techniques periodically and tests them for validity using either price from observable current market transactions in the same instrument or from other available observable market data.

Impairment of available-for-sale financial investments

The Investment Facility treats available-for-sale equity investments as impaired when there has been a significant or prolonged decline in the fair value below its cost or where other objective evidence of impairment exists. The determination of whether a decline is significant or prolonged is based on a judgmental appreciation.

Change in accounting policies

The accounting policies adopted are consistent with those used in the previous financial years.

Summary of significant accounting policies

The balance sheet represents assets and liabilities in decreasing order of liquidity and does not distinguish between current and non-current items.

1) Foreign currency translation

The Investment Facility uses the Euro (EUR) for presenting its financial statements, which is also the functional and presentational currency.

Foreign currency transactions are translated, in accordance with IAS 21, at the exchange rate prevailing on the date of the transaction.

Monetary assets and liabilities denominated in currencies other than in Euro are translated into Euro at the exchange rate prevailing at the balance sheet date. The gain or loss arising from such translation is recorded in the income statement.

Non-monetary items that are measured in terms of historical cost in a foreign currency are translated using the exchange rates at the dates of the initial transactions. Non-monetary items measured at fair value in a foreign currency are translated using the exchange rates at the date when the fair value was determined.

Exchange differences arising on the settlement of transactions at rates different from those at the date of the transaction, and unrealized foreign exchange differences on unsettled foreign currency monetary assets and liabilities, are recognized in the income statement.

The elements of the income statement are translated into Euro on the basis of the exchange rates prevailing at the end of each month.

2) Cash and cash equivalents

The Investment Facility defines cash equivalents as current accounts or short-term deposits with original maturities of three months or less.

3) Financial assets other than derivatives

Financial assets are accounted for using the settlement date basis.

Loans

Loans originated by the Investment Facility are recognized in the assets of the Investment Facility when cash is advanced to borrowers. They are initially recorded at cost (net disbursed amounts), which is the fair value of the cash given to originate the loan, including any transaction costs, and are subsequently measured at amortized cost, using the effective yield method, less any provision for impairment or uncollectability.

Available-for-sale financial investments

Available-for-sale financial investments are those which are designated as such or do not qualify to be classified as designated at fair value through profit or loss, held-to-maturity or loans and receivables. They include equity instruments, investments in venture capital funds and other debt instruments.

After initial measurement, available-for-sale financial investments are subsequently carried at fair value. Note the following details for the fair value measurement of equity investments, which can not be derived from active markets:

(a)

Venture capital funds

The fair value of each venture capital fund will be based on the Net Asset Value (NAV), reported by the fund, if calculated based on international valuation standards. The Investment Facility may however decide to adjust the NAV reported by the fund if there are issues that may affect the valuation.

If no internationally recognized fair valuation standard is applied, the valuation will be conducted on the basis of the underlying portfolio.

(b)

Direct equity investments

The fair value of the investment will be based on the latest set of financial statements available, re-using, if applicable, the same model as the one used at the acquisition of the participation.

Unrealized gains or losses on equity investments are reported in equity until such investments are sold, collected or disposed of, or until such investment are determined to be impaired. If an available-for-sale investment is determined to be impaired, the cumulative unrealized gain or loss previously recognized in equity is included in the income statement.

For unquoted investment, the fair value is determined by applying recognized valuation technique. These investments are accounted for at cost when the fair value cannot be reliably measured.

Guarantees

Financial guarantees are initially recognized at fair value in the balance sheet under item ‘Financial guarantees’. Subsequent to initial recognition, the Investment Facility's liabilities under each guarantee are measured at the higher of the amortized premium and the best estimate of expenditure required to settle any financial obligation arising as a result of the guarantee.

Any increase in the liability relating to financial guarantees is taken to the income statement under item ‘Impairment charge for credit loss’. The premium received is recognized in the income statement under item ‘Net fee and commission income’ using the effective interest rate method over the life of the guarantee.

4) Impairment of financial assets

The Investment Facility assesses at each balance sheet date whether there is any objective evidence that a financial asset is impaired. A financial asset or a group of financial assets is deemed to be impaired if, and only if, there is objective evidence of impairment as a result of one or more events that has occurred after the initial recognition of the asset (an incurred ‘loss event’) and that loss event has an impact on the estimated future cash flows of the financial asset or the group of financial assets that can be reliably estimated. Evidence of impairment may include indications that the borrower or a group of borrowers is experiencing significant financial difficulty, default or delinquency in interest or principal payments, the probability that they will enter bankruptcy or other financial reorganization and where observable data indicate that there is a measurable decrease in the estimated future cash flows, such as changes in arrears or economic conditions that correlate with defaults.

For the loans outstanding at the end of the financial year and carried at amortized cost, impairments are made when presenting objective evidence of risks of non recovery of all or part of their amounts according to the original contractual terms or the equivalent value. If there is objective evidence that an impairment loss has been incurred, the amount of the loss is measured as the difference between the assets carrying amount and the present value of estimated future cash flows. The carrying amount of the asset is reduced through the use of an allowance account and the amount of the loss is recognized in the income statement. Interest income continues to be accrued on the reduced carrying amount based on the effective interest rate of the asset. Loans together with the associated allowance are written off when there is no realistic prospect of future recovery. If, in a subsequent year, the amount of the estimated impairment loss increases or decreases because of an event occurring after the impairment was recognized, the previously recognized impairment loss is increased or reduced by adjusting the allowance account.

The Investment Facility conducts credit risk assessments based on which there is no need for a collective impairment provision.

For the available-for-sale financial investments, the Investment Facility assesses at each balance sheet date whether there is objective evidence that an investment is impaired. Objective evidence would include a significant or prolonged decline in the fair value of the investment below its costs. Where there is evidence of impairment, the cumulative loss (measured as the difference between the acquisition cost and the current fair value, less any impairment loss on that investment previously recognized in the income statement) is removed from equity and recognized in the income statement. Impairment losses on available-for-sale financial investments are not reversed through the income statement; increases in their fair value after impairment are recognized directly in equity.

For held-to-maturity investments the Investment Facility assesses individually whether there is objective evidence for impairment. If there is objective evidence that an impairment loss has been incurred, the amount of the loss is measured as the difference between the asset's carrying amount and the present value of the estimated future cash flows. The carrying amount of the asset is reduced and the amount of the loss is recognised in the income statement. If, in a subsequent year, the amount of the estimated impairment loss decreases because of an event occurring after the impairment was recognised, any amount formerly charged are credited to the ‘Net result on financial operations’.

The European Investment Bank's Risk Management reviews financial assets for impairment at least once a year. Resulting adjustments include the unwinding of the discount in the income statement over the life of the asset, and any adjustments required in respect of a reassessment of the initial impairment.

5) Derivative financial instruments

Derivatives include cross currency swaps and cross currency interest rate swaps.

In the normal course of its activity, the Investment Facility may enter into swap contracts with a view to hedge specific lending operations, denominated in actively traded currencies other than the Euro, in order to offset any gain or loss caused by foreign exchange rate fluctuations.

However, the Investment Facility has not entered into any hedge accounting transactions as at December 31, 2007. Therefore, all derivatives are measured at fair value through the income statement. Fair values are derived primarily from discounted cash flow models, option-pricing models and from third party quotes.

Derivatives are recorded at fair value and carried as assets when their fair value is positive and as liabilities when their fair value is negative. Changes in the fair value of derivative financial instruments are included in ‘Net result on financial operations’.

6) Contributions

Contributions from Member States are recognized as receivable in the balance sheet on the date of the Council Decision fixing the financial contribution to be paid by the Member States to the Investment Facility.

7) Interest income on loans

Interest on loans originated by the Investment Facility is recorded in the profit and loss account (‘Interest and similar income’) and on the balance sheet (‘Loan and receivables’) on an accrual basis using the effective interest rate, which is the rate that exactly discounts estimated future cash payments or receipts through the expected life of the loan to the net carrying amount of the loan. Once the recorded value of a loan has been reduced due to impairment, interest income continues to be recognized using the original effective interest rate applied to the new carrying amount.

8) Interest subsidies

As part of its activity, the Investment Facility manages interest subsidies on behalf of the Member States.

The part of the Member States contributions allocated to the payment of interest subsidies is not accounted for in the Investment Facility's equity but is classified as an amount owed to third parties.

9) Interest income on treasury

Under the terms of the Investment Facility and according to the Financial Regulation applicable to the 9th European Development Fund, the funds received by the EIB on behalf of the Investment Facility are recorded in an account in the Commission's name. Interest on these deposits, placed by the Investment Facility with the EIB, is not accounted for by the Investment Facility as it is payable directly to the European Commission.

Reflows, being repayment of principal, interest or commissions stemming from financial operations, and interest calculated on these reflows are accounted for within the Investment Facility.

10) Fees, commissions and dividends

Fees received in respect of services provided over a period of time are recognized as income as the services are provided. Commitment fees are deferred and recognized in income using the effective interest method over the period from disbursement to repayment of the related loan.

Dividends relating to available-for-sale equity investments are recognized when received.

11) Taxation

The Protocol on the Privileges and Immunities of the European Communities, appended to the Treaty of 8 April 1965 establishing a Single Council and a Single Commission of the European Communities, stipulates that the assets, revenues and other property of the Institutions of the Union are exempt from all direct taxes.

12) Reclassification of prior years figures

Where necessary, certain prior years figures have been reclassified to conform to changes to the current year's presentation for comparative purpose.

3. RISK MANAGEMENT

Credit risk

This section presents financial information about the investments made by the Facility.

1) Exposure disbursed by nature of borrower

The table hereafter analyses the Investment Facility exposure disbursed by nature of borrower.

(in EUR '000)
	2007	2006
Banks/Financial Institut.	190 218	88 951
Proj. Fin./Struct. Op.	320 670	227 231
Sovereign	58 852	23 235
Venture Capital Fund	65 583	34 551
Corporates	35 791	27 694
Total	671 114	401 662

2) Exposure disbursed by nature of instrument

The table hereafter analyses the Investment Facility exposure disbursed by nature of investment instrument used.

(in EUR '000)
	2007	2006
Senior Loans (exposure disbursed)	409 765	226 392
of which Global Loans	144 265	96 841
Subordinated Loans and Quasi Equity	151 986	108 821
Equity	109 363	66 449
Total	671 114	401 662

3) Risk concentrations of the exposure disbursed to credit risk

The table below analyses the Investment Facility exposure disbursed by sector.

(in EUR '000)
	2007	2006
Global loans	104 418	61 663
Energy	107 096	38 291
Industry	235 274	184 475
Services	165 683	72 699
Transports	9 199	-
Water, sewerage	2 000	-
Agriculture, fisheries, forestry	7 590	9 349
Agency agreements	39 854	35 185
Total	671 114	401 662

Liquidity risk and funding management

1) Analysis of financial liabilities by remaining contractual maturities

The table below sets out the Facility's assets and liabilities by relevant maturity groupings based on the remaining period to the contractual maturity date.

(in EUR '000)
Financial liabilities	Up to 3 months	3 to 12 months	1 to 5 years	Over 5 years	Total
ASSETS
Cash and cash equivalents	184 772	—	—	—	184 772
Derivative financial instruments	—	433	11 803	13 043	25 279
Loans and receivables	7 735	3 082	85 010	476 703	572 530
Financial investments — available-for-sale
Equity investment — available-for-sale	—	—	—	109 363	109 363
Amounts receivable from contributors	181 183	—	—	—	181 183
Other assets	3 783	—	—	508	4 291
Total assets	377 473	3 515	96 813	599 617	1 077 418
LIABILITIES
Derivative financial instruments	532	5	140	164	841
Deferred income	—	—	—	18 030	18 030
Amount owed to third parties	131 152	—	—	—	131 152
Other liabilities	408	—	—	508	916
Total liabilities	132 092	5	1 400	18 702	150 939
Net liquidity position at 31 December 2007	245 476	3 510	96 673	580 914	926 479
Net liquidity position at 31 December 2006	162 115	1 518	17 272	385 276	566 181

Market risk

A sensitivity analysis to be prepared for each type of market risk:

1) Interest rate risk

The table below summarizes the Investment Facility's exposure to interest rate risk through its investments.

(in EUR '000)
	2007	2006
Fixed rate interest	291 468	170 790
Floating rate interest	270 283	164 423
Total	561 751	335 213

2) Currency risk (or Foreign exchange risk)

(in EUR '000)
	EUR	USD	CAD	ACP/OCT Currencies	Total
ASSETS
Cash and cash equivalents	178 097	6 675	—	—	184 772
Derivative financial instruments	24 609	670	—	—	25 279
Loans and receivables	277 084	264 765	—	30 681	572 530
Financial investments — available-for-sale					—
Equity investment — available-for-sale	31 697	63 906	3 397	10 363	109 363
Amounts receivable from contributors	181 183				181 183
Other assets	711	2 722	—	858	4 291
Total assets	693 381	338 738	3 397	41 902	1 077 418
LIABILITIES
Derivative financial instruments	841	—	—	—	841
Deferred income	18 030	—	—	—	18 030
Amount owed to third parties	131152	—	—	—	131 152
Other liabilities	408	—	—	508	916
Total liabilities	150 431	—	—	508	150 939
EQUITY
Facility Member States Contribution called	830 000	—	—	—	830 000
Retained earnings	77 167	—	—	—	77 167
Fair value reserve	7 094	5 570	6 857	(209)	19 312
Total equity	914 261	5 570	6 857	(209)	926 479
Currency position as at 31 December 2007	(371 311)	333 168	(3 460)	41 603	—
Currency position as at 31 December 2006	(244 924)	206 935	3 797	34 192	—
COMMITMENTS
Undisbursed loans and equity investments	573 913	183 408	—	—	757 321
Guarantees drawn	10 116	—	—	—	10 116
CONTIGENT LIABILITIES
Guarantees undrawn	113 875	—	—	—	113 875

4. SEGMENT INFORMATION

In accordance with IAS 14, the primary segment of the Investment Facility is business operation and the secondary segment is geographical.

By business segment

The activity of the Investment Facility is divided into two main business segments on a worldwide basis:

—	Banking operations — incorporating investments in projects which are made with the purpose of supporting investments of private and commercially run public sector entities. The main investment products are loans, available-for-sale equity investments and financial guarantees.

—	Treasury activities — including investing surplus liquidity and managing the Investment Facility foreign exchange risk.

(in EUR '000)
At 31 December 2007	Treasury	Banking	Total
Revenue from segments	5 365	43 638	49 003
Expenses and charges from segments	(9 442)	(3 578)	(13 020)
Profit for the year			35 983
Segment assets	213 436	682 798	896 234
Unallocated assets			181 184
Total assets			1 077 418
Segment liabilities	1 241	18 546	19 787
Unallocated liabilities			131 152
Total liabilities			150 939
Other segment information
Contingent liabilities and commitments	—	881 312	881 312

(in EUR '000)
At 31 December 2006	Treasury	Banking	Total
Revenue from segments	2 098	26 084	28 182
Expenses and charges from segments	(2 646)	(1 823)	(4 469)
Profit for the year			23 713
Segment assets	200 186	406 445	606 631
Unallocated assets			103 913
Total assets			710 544
Segment liabilities	1 247	8 691	9 938
Unallocated liabilities			134 425
Total liabilities			144 363
Other segment information
Contingent liabilities and commitments	-	939 594	939 594

By geographical segment

The Investment Facility's activities are divided into five regions for internal management purposes.

(in EUR '000)
At 31 December 2007	Revenues (29)	Total assets	Total liabilities	Contingents liabilities and commitments
Caribbean and Pacific	4 881	63 089	—	102 658
Central and Eastern Africa	4 560	114 401	15 837	414 592
Regional Africa and ACP states	4 253	77 923	—	163 377
Southern Africa and Indian ocean	16 787	216 175	707	82 803
West Africa and Sahel	9 631	187 602	2 003	117 882
Others (30)	—	418 228	132 392	—
Total	40 112	1 077 418	150 939	881 312

(in EUR '000)
At 31 December 2006	Revenues (31)	Total assets	Total liabilities	Contingents liabilities and commitments
Caribbean and Pacific	4 217	42 558	—	69 801
Central and Eastern Africa	2 216	57 161	8 155	296 819
Regional Africa and ACP states	2 536	54 944	—	192 882
Southern Africa and Indian ocean	12 990	161 006	51	124 241
West Africa and Sahel	2 502	75 509	150	255 851
Others (32)	—	319 366	136 007	—
Total	24 461	710 544	144 363	939 594

5. NET INTEREST INCOME

The main components of interest and similar income are as follows:

(in EUR '000)
	2007	2006
Cash and short term funds	5 755	2 098
Loans and receivables	40 192	21 556
Interest subsidies	633	162
Total interest and similar income	46 580	23 816

The main components of interest and similar expense are as follows:

(in EUR '000)
	2007	2006
Due to banks	(441)	—
Derivative financial instruments	(738)	(2 483)
Remuneration paid to EC	(39)	—
Other	—	(10)
Total interest and similar expense	(1 218)	(2 493)

6. NET FEE AND COMMISSION INCOME

The main components of net fee and commission income are as follows:

(in EUR '000)
	2007	2006
Loans and receivables	1 136	4 168
Financial guarantees	260	198
Total fee and commission income	1 396	4 366

7. NET RESULT ON FINANCIAL OPERATIONS

The main components of net result on financial operations are as follows:

(in EUR '000)

2007

2006

Fair value movement on derivatives

15 965

14 057

Foreign exchange

(24 631)

(14 210)

Dividend income from financial investments

Equity investments — available-for-sale

—

Quoted

—

Unquoted

—

Gains less losses from financial investments

Equity investments — available-for-sale

637

(130)

Net result on financial operations

(8 005)

(283)

8. GENERAL ADMINISTRATIVE EXPENSES

General administrative expenses represent the actual costs incurred by the European Investment Bank (the ‘EIB’) for managing the Investment Facility less income generated from standard appraisal fees directly charged by the EIB to clients of the Investment Facility.

(in EUR '000)
	2007	2006
Actual cost incurred by the EIB	(34 260)	(35 413)
Income from appraisal fees charged to clients of the Facility	1 504	1 500
Net general administrative expenses	(32 756)	(33 913)

Under Council Decision of 8 April 2003, the Member states agreed to cover in full the expenses incurred by the EIB for the management of the Investment Facility for the first 5 years of the 9th European Development Fund.

9. CASH AND CASH EQUIVALENT

For the purposes of the cash flow statement, cash and cash equivalents comprise the following balances with less than three months maturity from the date of acquisition.

The cash and cash equivalents can be broken down between the funds received from the Member States and not yet disbursed and the funds from the Investment Facility's operational and financial activities.

(in EUR '000)
	2007	2006
Member states contributions received and not yet disbursed	23 566	69 720
Funds from the Facility's financial and operational activities	161 206	121 060
Cash and cash equivalents	184 772	190 780

10. DERIVATIVE FINANCIAL INSTRUMENTS

(in EUR '000)
At 31 December 2007	Assets	Liabilities	Notional amount
Cross currency swaps	16 433	(729)	114 124
Cross currency interest rate swaps	8 176	(112)	137 261
Warrants	670	—	1 350
Total	25 279	(841)

(in EUR '000)
At 31 December 2006	Assets	Liabilities	Notional amount
Cross currency swaps	6 165	(119)	114 597
Cross currency interest rate swaps	2 427	—	86 963
Total	8 592	(119)

11. LOANS AND RECEIVABLES

(in EUR '000)
	Global loans	Senior loans	Subordinated loans	Total
At 1st January 2007	96 840	129 550	108 823	335 213
Impairment	—	(2 770)	—	(2 770)
Change in amortised cost	(378)	(580)	(64)	(1 022)
Disbursement	155 013	111 242	19 773	286 028
Interest capitalised	446	33	6 268	6 747
Repayments	(13 310)	(15 405)	(5 499)	(34 214)
Foreign exchange difference	(15 325)	(10 693)	(2 213)	(28 231)
At 31st December 2007	223 286	211 377	127 088	561 751
Accrued interest income				10 779
Loans and receivables at 31st December 2007				572 530
At 1st January 2006	50 314	61 279	82 416	194 009
Impairment	—	(1 693)	—	(1 693)
Change in amortised cost	—	(350)	34	(316)
Disbursement	55 467	79 375	22 162	157 004
Interest capitalised	—	—	4 303	4 303
Repayments	(3 585)	—	—	(3 585)
Foreign exchange difference	(5 356)	(9 061)	(92)	(14 509)
At 31st December 2006	96 840	129 550	108 823	335 213
Accrued interest income				3 784
Loans and receivables at 31st December 2006				338 997

At 31st December 2007, 2 operations were impaired for a total of EUR 4,4 million, of which 1,7 million were already accounted for as per 31st December 2006, at the rates prevailing at this date.

12. FINANCIAL INVESTMENTS

Equity investments — available-for-sale

The main components of available-for-sale equity investments are as follows:

(in EUR '000)
Equity investments available-for-sale	2007	2006
At 1st January	66 449	30 886
Movement in fair value	9 315	3 554
Impairment	(366)	(130)
Disbursement	43 143	31 965
Proceeds	(8 248)	(25)
Foreign exchange difference	(930)	199
At 31st December	109 363	66 449

13. AMOUNTS RECEIVABLE FROM CONTRIBUTORS

The main components of amounts receivable from contributors are as follows:

(in EUR '000)
	2007	2006
Contribution called but not paid	148 427	70 000
Special contribution to general administrative expenses	32 756	33 913
Total amount receivable from contributors	181 183	103 913

14. OTHER ASSETS

The main components of other assets are as follows:

(in EUR '000)
	2007	2006
Interest on loans not yet collected	397	551
Amounts receivable from EIB	3 386	814
Financial guarantees	508	448
Total amount of other assets	4 291	1 813

15. DEFERRED INCOME

The main components of deferred income are as follows:

(in EUR '000)
	2007	2006
Deferred interest subsidies	17 947	7 687
Deferred commissions on loans and receivables	83	221
Total deferred income	18 030	7 908

16. AMOUNT OWED TO THIRD PARTIES

The main components of amount owed to third parties are as follows:

(in EUR '000)
	2007	2006
Net general administrative expense payable to EIB	32 756	33 913
Interest subsidies not yet disbursed	98 396	100 512
Total amount owed to third parties	131 152	134 425

17. OTHER LIABILITIES

The main components of other liabilities are as follows:

(in EUR '000)
	2007	2006
Remuneration repayable to the Commission with regard to the Contribution account	27	538
Amount repayable to EIB	—	925
Financial guarantees	508	448
Other	381	—
Total amount of other liabilities	916	1 911

18. INVESTMENT FACILITY MEMBER STATES CONTRIBUTION CALLED

(in EUR '000)
Member States	Contribution to the Facility	Contribution to interest subsidies	Total contributed	Called and not paid (33)
Austria	21 995	3 180	25 175	4 505
Belgium	32 536	4 704	37 240	6 664
Denmark	17 762	2 568	20 330	3 638
Finland	12 284	1 776	14 060	2 516
France	201 690	29 160	230 850	41 310
Germany	193 888	28 032	221 920	39 712
Greece	10 375	1 500	11 875	2 125
Ireland	5 146	744	5 890	1 054
Italy	104 082	15 048	119 130	21 318
Luxembourg	2 407	348	2 755	493
Netherlands	43 326	6 264	49 590	8 874
Portugal	8 051	1 164	9 215	1 649
Spain	48 472	7 008	55 480	9 928
Sweden	22 659	3 276	25 935	4 641
United Kingdom	105 327	15 228	120 555	—
Total	830 000	120 000	950 000	148 427

19. CONTINGENT LIABILITIES AND COMMITMENTS

(in EUR '000)
	2007	2006
Commitments
Undisbursed loans	669 117	779 241
Undisbursed commitment in respect of equity investments	88 204	88 552
Guarantees drawn	10 116	7 925
Contingent liabilities
Guarantees undrawn	113 875	63 876
Total	881 312	939 594

20. SUBSEQUENT EVENTS

There have been no material post balance sheet events which could require disclosure or adjustment to the 31 December 2007 financial statements.

On a proposal from the Management Committee, the Board of Directors reviewed these financial statements on 11 March 2008 and decided to submit them to the Board of Governors for approval at their meeting to be held on 3 June 2008.

(1) OJ L 320, 6.12.2007 p. 31-32.

(2) OJ L 83, 1.4.2003 p. 1-31.

(3) Includes the Economic result of the closed 6th EDF for the financial year 2006 amounting to EUR 10 million.

(4) OJ L 83, 1.4.2003 p. 1-31.

(5) OJ L 266, 21.9.1991, p. 1.

(6) OJ L 191, 7.7.1998, pp. 53-70.

(7) OJ L 156, 29.5.1998, p. 3-106.

(8) COM(2008)224

(9) OJ L 198, 6.8.2003, p. 8.

(10) Internal Agreement on the financing and administration of Community aid under the fourth ACP-EEC Convention (OJ L 229, 17/08/1991), applicable to the 7th EDF; Internal Agreement on the financing and administration of the Community aid under the Second Financial Protocol to the fourth ACP-EC Convention (OJ L 156, 29/05/1998), applicable to the 8th EDF and Internal Agreement on the Financing and Administration of Community Aid under the Cotonou agreement (OJ L 317, 15/12/2000), applicable to 9th EDF.

(11) Council Decision 2004/289/CE, decisions 6/2005 and 7/2005 of the ACP-EC Council of Ministers of 22.11.2005.

(12) Joint Council Decision 2/2007 of 25th May 2007: on the position to be adopted by the Community within the ACP-EC Council of Ministers to allow additional bilateral contributions, to be managed by the Commission, in support of the objectives of the African Peace Facility.

(13) The unallocated resources from the previous EDFs include the balance of the Sysmin funds, which by Decision 3/2000 of the ACP-EC Committee of Ministers was set at EUR 410,926 million. Commission Decision PE/410/2001 includes these resources in programming for the national indicative allocations (part B) under the financial protocol to the ACP-EC Partnership Agreement.

(14) Annex I(5) to the Cotonou Agreement.

(15) Council Decision 2005/446/EC of 30 May 2005 (OJ L 156, 18.6.2005, p. 19).

(16) Annex 1a(1) and Annex 1b (Second Financial Protocol (now called the Multiannual Financial Framework)) to the Cotonou Agreement.

(17) Interest subsidies.

(18) Interest subsidies.

(19) Council Decision 2005/446/EC of 30 May 2005, OJ L 156, 18.6.2005 p. 19-20. see section 1.1.

(20) Transfer to 9th EDF following the entry in force of Cotonou (Commission Decision of 16 April 2003)

(21) Transfer to 9th EDF following the entry in force of Cotonou (Commission Decision of 16 April 2003)

(22) The negative amount is due to recovery of an advance on a 6th EDF project transferred with a zero balance.

(23) Transfer to 9th EDF following the entry in force of Cotonou (Commission Decision of 16 April 2003).

(24) Ref Commission Decision C(2007) 3856 16.8.2007.

(25) Transfer to 9th EDF following the entry in force of Cotonou (Commission Decision of 16 April 2003).

(26) % of appropriations.

(27) Amount entered in Authorising Officer Accounts.

(28) Balance of accounts closed plus annual interest on the ‘administrative expenditure’ account.

(29) Revenues represent the net profit on the Investment Facility's operational activity (i.e. interest and similar income, interest subsidies, net fee and commission income, credit loss expense and impairment losses on financial investments).

(30) Under geographical segment ‘Other’ is considered the amount payable to or receivable from the Member States or the European Investment Bank and the Investment Facility cash and cash equivalent.

(31) Revenues represent the net profit on the Investment Facility's operational activity (i.e. interest and similar income, interest subsidies, net fee and commission income, credit loss expense and impairment losses on financial investments).

(32) Under geographical segment ‘Other’ is considered the amount payable to or receivable from the Member States or the European Investment Bank and the Investment Facility cash and cash equivalent.

(33) On the 20th December 2007, the Council fixed the amount of financial contributions to be paid by each Member State by 21st January 2008.

4. APPENDIX — SITUATION BY COUNTRY AND BY INSTRUMENT

Table 3.1.1

7th EDF

Cumulative 2007

GLOBAL SITUATION BY STATE

(EUR million)
	Lome									Cotonou	Total
	NIP	National indicative programmes				Other aid				Regional decisions	Total
	NIP	Decisions	As % of NIP	Payments	As % of NIP	Decisions	As % of NIP	Payments	As % of NIP	Regional decisions	Decisions	Assigned funds	Payments
ANGOLA	109,43	109,43	100,00 %	105,95	96,81 %	39,63	36,22 %	39,53	36,13 %		149,07	147,76	145,48
BENIN	88,02	88,02	100,00 %	87,72	99,67 %	60,45	68,68 %	60,45	68,68 %		148,46	148,44	148,17
BURKINA FASO	147,17	147,17	100,00 %	143,75	97,68 %	149,79	101,78 %	149,79	101,78 %		296,96	296,02	293,54
BOTSWANA	30,09	30,09	100,00 %	30,08	99,98 %	55,15	183,32 %	55,15	183,30 %		85,24	85,23	85,23
BURUNDI	78,16	78,16	100,00 %	77,41	99,05 %	86,11	110,18 %	86,08	110,14 %		164,27	164,24	163,49
CENTRAL AFRICAN REPUBLIC	71,28	71,28	100,00 %	71,22	99,91 %	33,11	46,45 %	33,11	46,45 %		104,40	104,33	104,33
CHAD	98,93	98,93	100,00 %	98,55	99,61 %	34,07	34,44 %	34,07	34,44 %		133,00	132,97	132,62
CAMEROON	104,41	104,41	100,00 %	104,41	100,00 %	287,71	275,55 %	287,71	275,55 %		392,13	392,13	392,13
CONGO	29,64	29,64	100,00 %	28,95	97,66 %	7,26	24,49 %	7,26	24,49 %		36,90	36,42	36,21
COMOROS	20,24	20,24	100,00 %	20,17	99,65 %	13,82	68,25 %	13,82	68,25 %		34,06	33,99	33,99
CAPE VERDE	24,06	24,06	100,00 %	23,22	96,49 %	13,34	55,43 %	13,34	55,43 %		37,40	37,32	36,56
DJIBOUTI	17,43	17,43	100,00 %	17,42	100,00 %	5,67	32,55 %	5,67	32,55 %		23,10	23,10	23,10
EQUATORIAL GUINEA	12,12	12,12	100,00 %	12,12	100,00 %	7,98	65,88 %	7,98	65,88 %		20,10	20,10	20,10
ERITREA	46,15	46,15	100,00 %	45,89	99,44 %	13,48	29,20 %	13,48	29,20 %		59,62	59,38	59,36
ETHIOPIA	204,83	204,83	100,00 %	199,08	97,19 %	343,94	167,91 %	327,85	160,06 %		548,78	547,84	526,92
GABON	29,31	29,31	100,00 %	29,31	100,00 %	24,75	84,45 %	24,75	84,45 %		54,06	54,06	54,06
GHANA	95,28	95,28	100,00 %	94,12	98,78 %	164,02	172,13 %	163,96	172,08 %		259,30	258,90	258,08
GAMBIA	21,57	21,57	100,00 %	21,55	99,90 %	11,44	53,02 %	11,40	52,85 %		33,01	33,01	32,95
GUINEA-BISSAU	35,17	35,17	100,00 %	34,95	99,37 %	21,94	62,38 %	21,94	62,38 %		57,11	57,04	56,89
GUINEA	121,70	121,70	100,00 %	120,78	99,25 %	158,82	130,50 %	151,59	124,57 %		280,52	276,44	272,37
CÔTE D'IVOIRE	103,23	103,23	100,00 %	103,17	99,94 %	371,49	359,86 %	371,49	359,86 %		474,72	474,72	474,66
KENYA	129,89	129,89	100,00 %	126,30	97,24 %	155,96	120,07 %	155,28	119,55 %		285,85	284,49	281,58
LIBERIA						33,20		33,13			33,20	33,20	33,13
LESOTHO	45,41	45,41	100,00 %	45,41	100,00 %	54,34	119,67 %	54,34	119,67 %		99,75	99,75	99,75
MADAGASCAR	130,33	130,33	100,00 %	130,33	100,00 %	86,55	66,41 %	86,55	66,41 %		216,89	216,89	216,89
MALAWI	124,48	124,48	100,00 %	123,38	99,12 %	133,23	107,03 %	133,06	106,90 %		257,71	257,64	256,44
MAURITIUS	31,63	31,63	100,00 %	31,63	100,00 %	17,85	56,45 %	17,85	56,45 %		49,48	49,48	49,48
MAURITANIA	62,73	62,73	100,00 %	62,34	99,38 %	127,77	203,70 %	127,77	203,70 %		190,50	190,16	190,11
MALI	141,35	141,35	100,00 %	141,17	99,87 %	112,77	79,78 %	109,33	77,35 %		254,12	253,75	250,50
MOZAMBIQUE	161,32	161,32	100,00 %	158,84	98,46 %	94,04	58,29 %	94,04	58,29 %		255,37	254,79	252,88
NAMIBIA	46,81	46,81	100,00 %	46,65	99,67 %	53,61	114,53 %	53,61	114,53 %		100,42	100,27	100,27
NIGER	138,22	138,22	100,00 %	138,22	100,00 %	61,43	44,44 %	61,43	44,44 %		199,64	199,64	199,64
RWANDA	115,86	115,86	100,00 %	115,63	99,81 %	83,38	71,96 %	83,38	71,96 %		199,23	199,08	199,01
SENEGAL	106,05	106,05	100,00 %	104,58	98,61 %	88,25	83,21 %	87,94	82,92 %		194,30	192,58	192,52
SEYCHELLES	5,26	5,26	100,00 %	5,26	100,00 %	3,05	58,09 %	3,05	58,09 %		8,31	8,31	8,31
SIERRA LEONE	73,47	73,47	100,00 %	70,79	96,35 %	42,91	58,41 %	42,91	58,41 %		116,38	115,72	113,70
SOMALIA						18,44		18,44			18,44	18,44	18,44
SAO TOME & PRINCIPE	7,89	7,89	100,00 %	7,89	99,94 %	10,63	134,64 %	10,63	134,64 %		18,52	18,52	18,52
SUDAN						144,19		141,39			144,19	144,05	141,39
SWAZILAND	25,15	25,15	100,00 %	24,04	95,55 %	17,42	69,25 %	17,26	68,63 %		42,57	42,55	41,30
TANZANIA	156,19	156,19	100,00 %	155,75	99,72 %	224,36	143,65 %	224,34	143,64 %		380,55	380,28	380,09
TOGO	59,67	59,67	100,00 %	50,83	85,19 %	25,75	43,16 %	25,13	42,11 %		85,42	82,93	75,96
UGANDA	154,51	154,51	100,00 %	154,12	99,74 %	244,46	158,21 %	244,42	158,19 %		398,97	398,96	398,54
NIGERIA	237,18	237,18	100,00 %	195,59	82,46 %	14,74	6,22 %	14,43	6,08 %		251,93	233,18	210,02
ZAMBIA	99,94	99,94	100,00 %	99,94	100,00 %	215,59	215,72 %	215,58	215,71 %		315,53	315,52	315,51
ZIMBABWE	84,07	84,07	100,00 %	84,07	100,00 %	102,67	122,12 %	102,67	122,12 %		186,74	186,74	186,74
DEMOCRATIC REPUBLIC CONGO	154,53	154,53	100,00 %	122,29	79,14 %	41,43	26,81 %	41,22	26,67 %		195,97	181,34	163,51
* TOTAL AFRICA	3 780,19	3 780,19	100 %	3 664,86	97 %	4 112,00	109 %	4 079,61	108 %		7 892,18	7 841,66	7 744,47
ANTIGUA-BARBUDA	2,94	2,94	100,00 %	2,94	100,00 %	0,70	23,96 %	0,70	23,96 %		3,64	3,64	3,64
BARBADOS	2,86	2,86	100,00 %	2,86	100,00 %	6,34	222,19 %	6,34	222,19 %		9,20	9,20	9,20
BELIZE	8,98	8,98	100,00 %	8,98	100,00 %	8,75	97,51 %	8,75	97,51 %		17,73	17,73	17,73
BAHAMAS	4,29	4,29	100,00 %	4,29	100,00 %	7,27	169,42 %	7,27	169,42 %		11,57	11,57	11,57
DOMINICAN REPUBLIC	80,72	80,72	100,00 %	80,01	99,12 %	68,77	85,19 %	68,77	85,19 %		149,49	149,43	148,77
DOMINICA	5,36	5,36	100,00 %	4,34	80,98 %	19,59	365,64 %	19,59	365,64 %		24,95	24,27	23,93
GRENADA	5,38	5,38	100,00 %	5,38	100,00 %	14,78	274,96 %	14,78	274,96 %		20,16	20,16	20,16
GUYANA (STATE)	31,68	31,68	100,00 %	31,68	100,00 %	31,75	100,21 %	31,75	100,21 %		63,44	63,44	63,44
HAITI	80,60	80,60	100,00 %	80,57	99,97 %	68,37	84,82 %	62,37	77,38 %		148,96	148,94	142,94
JAMAICA	46,39	46,39	100,00 %	46,35	99,92 %	144,11	310,65 %	91,38	196,98 %		190,51	190,04	137,73
ST CHRISTOPHE (KITTS) & NEVIS	2,49	2,49	100,00 %	2,48	99,77 %	2,23	89,74 %	2,23	89,59 %		4,72	4,72	4,71
SAINT LUCIA	1,94	1,94	100,00 %	1,77	91,48 %	30,75	1587,38 %	30,75	1587,38 %		32,69	32,53	32,53
SURINAME	16,12	16,12	100,00 %	16,10	99,87 %	5,74	35,57 %	5,73	35,56 %		21,86	21,86	21,83
SAINT VINCENT & GRENADINES	3,22	3,22	100,00 %	3,22	100,00 %	36,67	1139,76 %	36,67	1139,76 %		39,89	39,89	39,89
TRINIDAD & TOBAGO	9,27	9,27	100,00 %	9,27	100,00 %	32,71	352,86 %	30,71	331,28 %		41,98	41,98	39,98
* TOTAL CARIBBEAN	302,23	302,23	100 %	300,24	99 %	478,55	158 %	417,81	138 %		780,78	779,38	718,05
FIJI	21,90	21,90	100,00 %	21,87	99,87 %	3,20	14,63 %	3,14	14,32 %		25,10	25,00	25,00
KIRIBATI	5,83	5,83	100,00 %	5,83	100,00 %	1,78	30,51 %	1,78	30,51 %		7,60	7,60	7,60
PAPUA-NEW GUINEA	42,96	42,96	100,00 %	42,82	99,66 %	134,97	314,13 %	134,97	314,13 %		177,93	177,78	177,78
SOLOMON ISLANDS	19,55	19,55	100,00 %	19,52	99,84 %	9,88	50,53 %	9,88	50,53 %		29,42	29,42	29,39
TONGA	5,56	5,56	100,00 %	5,56	100,00 %	3,26	58,69 %	3,26	58,69 %		8,82	8,82	8,82
TUVALU	1,06	1,06	100,00 %	1,06	100,00 %	0,58	54,27 %	0,38	35,42 %		1,64	1,64	1,44
VANUATU	7,44	7,44	100,00 %	7,44	100,00 %	4,01	53,87 %	4,01	53,87 %		11,45	11,45	11,45
SAMOA	8,92	8,92	100,00 %	8,92	100,00 %	11,62	130,32 %	11,62	130,32 %		20,54	20,54	20,54
* TOTAL PACIFIC	113,21	113,21	100 %	113,00	100 %	169,29	150 %	169,03	149 %		282,50	282,25	282,03
INTRA ACP BUDGET	50,00	50,00	100,00 %		0,00 %		0,00 %		0,00 %	50,00	50,00	50,00	50,00
ACP REGIONAL COOPERATION	1 081,31	1 081,31	100,00 %	1 053,05	97,39 %	98,52	9,11 %	97,04	8,97 %		1 179,84	1 166,68	1 150,10
* TOTAL ACP REGIONAL COOPERATION	1 131,31	1 131,31	100 %	1 053,05	93 %	98,52	9 %	97,04	9 %	50,00	1 229,84	1 216,68	1 200,10
ALL ACP COUNTRIES						260,49		260,07			260,49	260,33	260,07
ADMINISTRATIVE & FINANCIAL COSTS	2,66	2,66	100,00 %	2,66	100,00 %	5,05	189,77 %	5,05	189,77 %		7,72	7,72	7,72
* TOTAL ACP	5 329,60	5 329,60	100 %	5 133,82	96 %	5 123,91	96 %	5 028,61	94 %	50,00	10 453,51	10 388,02	10 212,43
MAYOTTE	6,69	6,69	100,00 %	6,69	100,00 %	5,39	80,57 %	5,39	80,57 %		12,08	12,08	12,08
NEW CALEDONIA	12,44	12,44	100,00 %	12,43	99,87 %	11,59	93,13 %	11,14	89,50 %		24,03	23,82	23,56
FRENCH POLYNESIA	12,96	12,96	100,00 %	12,82	98,93 %	7,37	56,90 %	7,37	56,90 %		20,33	20,24	20,20
SAINT PIERRE & MIQUELON	3,00	3,00	100,00 %	3,00	100,00 %	0,54	17,94 %	0,54	17,94 %		3,54	3,54	3,54
FRENCH SOUTHERN TERRITORIES	0,00	0,00	100,00 %	0,00	100,00 %		0,00 %		0,00 %		0,00	0,00	0,00
WALLIS & FUTUNA	4,57	4,57	100,00 %	4,57	100,00 %	0,09	1,99 %	0,09	1,99 %		4,66	4,66	4,66
* TOTAL FRENCH OCT	39,66	39,66	100 %	39,51	100 %	24,98	63 %	24,53	62 %		64,64	64,34	64,04
ARUBA	6,99	6,99	100,00 %	6,97	99,60 %	0,17	2,44 %	0,17	2,44 %		7,16	7,14	7,14
DUTCH ANTILLES	14,63	14,63	100,00 %	14,25	97,39 %	10,44	71,37 %	10,44	71,36 %		25,08	25,08	24,69
* TOTAL DUTCH OCT	21,63	21,63	100 %	21,22	98 %	10,61	49 %	10,61	49 %		32,24	32,21	31,83
ANGUILLA	2,72	2,72	100,00 %	2,72	100,00 %	0,35	12,69 %	0,35	12,69 %		3,07	3,07	3,07
CAYMANS						1,17		1,17			1,17	1,17	1,17
FALKLANDS						5,69		5,69			5,69	5,69	5,69
MONTSERRAT	3,65	3,65	100,00 %	3,65	100,00 %	0,59	16,13 %	0,59	16,13 %		4,24	4,24	4,24
SAINT HELENA	1,10	1,10	100,00 %	1,10	100,00 %	0,05	4,42 %	0,05	4,42 %		1,15	1,15	1,15
TURKS & CAICOS	3,89	3,89	100,00 %	3,89	99,99 %	0,06	1,47 %	0,06	1,47 %		3,95	3,95	3,95
BRITISH VIRGIN ISLANDS	2,40	2,40	100,00 %	2,39	99,81 %	1,41	58,66 %	1,41	58,66 %		3,80	3,80	3,80
* TOTAL BRITISH OCT	13,76	13,76	100 %	13,75	100 %	9,31	68 %	9,31	68 %		23,07	23,06	23,06
OCT REGIONAL COOPERATION	8,12	8,12	100,00 %	8,02	98,78 %	0,47	5,83 %	0,44	5,37 %		8,59	8,56	8,46
* OCT REGIONAL COOPERATION	8,12	8,12	100 %	8,02	99 %	0,47	6 %	0,44	5 %		8,59	8,56	8,46
ALL OCT						0,96		0,96			0,96	0,96	0,96
* TOTAL OCT	83,17	83,17	100 %	82,50	99 %	46,34	56 %	45,85	55 %		129,50	129,13	128,34
* TOTAL ACP + OCT	5 412,77	5 412,77	100 %	5 216,32	96 %	5 170,24	96 %	5 074,46	94 %	50,00	10 583,01	10 517,15	10 340,78

Table 3.1.2

7th EDF

Annual 2007

GLOBAL SITUATION BY STATE

(EUR million)
	Lome									Cotonou	Total
	NIP	National indicative programmes				Other aid				Regional decisions	Total
	NIP	Decisions	As % of Nip	Payments	As % of Nip	Decisions	As % of Nip	Payments	As % of Nip	Regional decisions	Decisions	Assigned funds	Payments
ANGOLA	109,43	– 0,00	0,00 %	1,36	1,24 %	– 0,07	– 0,07 %		0,00 %		– 0,07	– 1,11	1,36
BENIN	88,02	– 0,34	– 0,39 %	0,38	0,43 %		0,00 %		0,00 %		– 0,34	0,12	0,38
BURKINA FASO	147,17		0,00 %	1,59	1,08 %		0,00 %		0,00 %			0,47	1,59
BOTSWANA	30,09		0,00 %		0,00 %		0,00 %		0,00 %			– 0,01
BURUNDI	78,16	– 6,03	– 7,72 %	– 0,59	– 0,75 %	– 0,24	– 0,31 %	8,23	10,53 %		– 6,27	– 5,55	7,65
CENTRAL AFRICAN REPUBLIC	71,28		0,00 %	– 0,02	– 0,02 %		0,00 %		0,00 %			– 0,07	– 0,02
CHAD	98,93		0,00 %	0,24	0,24 %		0,00 %		0,00 %			0,12	0,24
CAMEROON	104,41	– 0,03	– 0,03 %	– 0,00	0,00 %	– 2,00	– 1,92 %		0,00 %		– 2,03	– 2,03	– 0,00
CONGO	29,64	– 0,10	– 0,32 %	0,06	0,21 %		0,00 %		0,00 %		– 0,10	– 0,57	0,06
COMOROS	20,24		0,00 %	– 0,07	– 0,35 %		0,00 %		0,00 %			– 0,07	– 0,07
CAPE VERDE	24,06	– 0,30	– 1,26 %		0,00 %		0,00 %		0,00 %		– 0,30	0,52
DJIBOUTI	17,43		0,00 %		0,00 %		0,00 %		0,00 %
EQUATORIAL GUINEA	12,12		0,00 %		0,00 %		0,00 %		0,00 %
ERITREA	46,15	– 1,03	– 2,23 %	0,14	0,30 %		0,00 %		0,00 %		– 1,03	– 0,35	0,14
ETHIOPIA	204,83	– 6,02	– 2,94 %	11,97	5,84 %	– 0,27	– 0,13 %	3,28	1,60 %		– 6,29	– 1,21	15,25
GABON	29,31	– 0,20	– 0,69 %		0,00 %		0,00 %		0,00 %		– 0,20	– 0,05
GHANA	95,28	– 0,61	– 0,64 %	0,26	0,27 %		0,00 %		0,00 %		– 0,61	– 0,57	0,26
GAMBIA	21,57	– 0,14	– 0,64 %		0,00 %	– 0,14	– 0,65 %	0,02	0,10 %		– 0,28	– 0,14	0,02
GUINEA– BISSAU	35,17	– 1,38	– 3,91 %	0,01	0,01 %	– 0,09	– 0,26 %		0,00 %		– 1,47	– 0,54	0,01
GUINEA	121,70	– 0,01	– 0,01 %		0,00 %	– 9,77	– 8,03 %	3,02	2,48 %		– 9,78	– 3,74	3,02
CÔTE D'IVOIRE	103,23	– 0,19	– 0,18 %		0,00 %		0,00 %		0,00 %		– 0,19	– 0,19
KENYA	129,89	– 0,60	– 0,46 %	– 0,47	– 0,36 %		0,00 %	0,08	0,06 %		– 0,60	– 0,97	– 0,39
LIBERIA
LESOTHO	45,41	– 0,30	– 0,66 %		0,00 %	– 0,10	– 0,23 %		0,00 %		– 0,41	– 0,24
MADAGASCAR	130,33		0,00 %		0,00 %		0,00 %		0,00 %
MALAWI	124,48	– 1,42	– 1,14 %	0,16	0,13 %		0,00 %		0,00 %		– 1,42	– 0,66	0,16
MAURITIUS	31,63	– 0,05	– 0,16 %	– 0,00	0,00 %		0,00 %		0,00 %		– 0,05	– 0,04	– 0,00
MAURITANIA	62,73		0,00 %	0,05	0,08 %		0,00 %		0,00 %				0,05
MALI	141,35		0,00 %	0,12	0,08 %		0,00 %	3,31	2,34 %			1,41	3,43
MOZAMBIQUE	161,32	– 1,07	– 0,66 %	0,52	0,32 %	– 0,10	– 0,06 %	– 0,00	0,00 %		– 1,17	– 0,85	0,52
NAMIBIA	46,81		0,00 %	0,00	0,00 %		0,00 %		0,00 %			– 0,01	0,00
NIGER	138,22		0,00 %		0,00 %	– 0,31	– 0,22 %	0,10	0,07 %		– 0,31	– 0,15	0,10
RWANDA	115,86		0,00 %	0,37	0,32 %		0,00 %		0,00 %			0,01	0,37
SENEGAL	106,05	– 0,53	– 0,50 %	0,03	0,02 %	– 0,75	– 0,71 %		0,00 %		– 1,28	– 1,57	0,03
SEYCHELLES	5,26		0,00 %		0,00 %		0,00 %		0,00 %
SIERRA LEONE	73,47	– 2,68	– 3,64 %	0,53	0,72 %		0,00 %		0,00 %		– 2,68	– 1,80	0,53
SOMALIA
SAO TOME & PRINCIPE	7,89	– 0,08	– 0,95 %	– 0,00	– 0,06 %		0,00 %		0,00 %		– 0,08	– 0,07	– 0,00
SUDAN
SWAZILAND	25,15		0,00 %	0,10	0,39 %		0,00 %		0,00 %			0,04	0,10
TANZANIA	156,19		0,00 %	– 0,05	– 0,03 %		0,00 %	– 0,01	0,00 %			– 0,26	– 0,06
TOGO	59,67	– 1,88	– 3,16 %	3,56	5,97 %	– 0,19	– 0,32 %	0,29	0,49 %		– 2,07	1,82	3,86
UGANDA	154,51	– 0,40	– 0,26 %	0,49	0,32 %	– 0,15	– 0,10 %		0,00 %		– 0,55	0,06	0,49
NIGERIA	237,18	– 8,19	– 3,45 %	18,60	7,84 %		0,00 %		0,00 %		– 8,19	8,67	18,60
ZAMBIA	99,94	– 0,40	– 0,40 %		0,00 %		0,00 %		0,00 %		– 0,40	– 0,23
ZIMBABWE	84,07	– 0,10	– 0,12 %	– 0,05	– 0,06 %	– 0,01	– 0,01 %	– 0,01	– 0,01 %		– 0,11	– 0,06	– 0,06
DEMOCRATIC REPUBLIC CONGO	154,53	– 1,11	– 0,72 %	15,91	10,30 %	– 0,42	– 0,27 %		0,00 %		– 1,53	16,47	15,91
* TOTAL AFRICA	3 780,19	– 35,18	– 1 %	55,19	1 %	– 14,62	0 %	18,32	0 %		– 49,81	6,59	73,51
ANTIGUA-BARBUDA	2,94		0,00 %		0,00 %		0,00 %		0,00 %
BARBADOS	2,86		0,00 %		0,00 %		0,00 %		0,00 %
BELIZE	8,98		0,00 %		0,00 %		0,00 %		0,00 %
BAHAMAS	4,29		0,00 %		0,00 %		0,00 %		0,00 %
DOMINICAN REPUBLIC	80,72		0,00 %	– 0,26	– 0,32 %		0,00 %		0,00 %			– 0,00	– 0,26
DOMINICA	5,36		0,00 %	0,08	1,58 %		0,00 %		0,00 %			0,03	0,08
GRENADA	5,38		0,00 %		0,00 %		0,00 %		0,00 %
GUYANA (STATE)	31,68	– 0,85	– 2,69 %	– 0,08	– 0,26 %		0,00 %		0,00 %		– 0,85	– 0,50	– 0,08
HAITI	80,60	– 0,49	– 0,61 %		0,00 %		0,00 %		0,00 %		– 0,49	– 0,11
JAMAICA	46,39	– 0,02	– 0,05 %	0,04	0,10 %	– 1,15	– 2,47 %	14,03	30,25 %		– 1,17	– 1,52	14,08
ST CHRISTOPHE (KITTS) & NEVIS	2,49		0,00 %		0,00 %		0,00 %		0,00 %
SAINT LUCIA	1,94		0,00 %		0,00 %		0,00 %		0,00 %			– 0,00
SURINAME	16,12	– 0,73	– 4,56 %	– 0,01	– 0,09 %	– 0,40	– 2,49 %		0,00 %		– 1,14	– 0,39	– 0,01
SAINT VINCENT & GRENADINES	3,22		0,00 %		0,00 %		0,00 %		0,00 %
TRINIDAD & TOBAGO	9,27		0,00 %		0,00 %		0,00 %	1,00	10,79 %				1,00
* TOTAL CARIBBEAN	302,23	– 2,10	– 1 %	– 0,23	0 %	– 1,55	– 1 %	15,03	5 %		– 3,65	– 2,49	14,81
FIJI	21,90		0,00 %		0,00 %		0,00 %		0,00 %
KIRIBATI	5,83		0,00 %		0,00 %		0,00 %		0,00 %
PAPUA– NEW GUINEA	42,96	– 0,85	– 1,99 %		0,00 %	– 0,00	– 0,01 %		0,00 %		– 0,86	– 0,29
SOLOMON ISLANDS	19,55	– 0,02	– 0,09 %	– 0,00	– 0,01 %		0,00 %		0,00 %		– 0,02	– 0,02	– 0,00
TONGA	5,56	– 0,21	– 3,80 %	– 0,02	– 0,37 %		0,00 %		0,00 %		– 0,21	– 0,21	– 0,02
TUVALU	1,06		0,00 %		0,00 %		0,00 %		0,00 %
VANUATU	7,44		0,00 %		0,00 %		0,00 %		0,00 %
SAMOA	8,92		0,00 %		0,00 %		0,00 %		0,00 %
* TOTAL PACIFIC	113,21	– 1,08	– 1 %	– 0,02	0 %	– 0,00	0 %		0 %		– 1,09	– 0,52	– 0,02
INTRA ACP BUDGET	50,00		0,00 %		0,00 %		0,00 %		0,00 %
ACP REGIONAL COOPERATION	1 081,31	– 12,44	– 1,15 %	7,86	0,73 %	– 0,04	0,00 %	– 0,49	– 0,05 %		– 12,48	– 6,21	7,37
* TOTAL ACP REGIONAL COOPERATION	1 131,31	– 12,44	– 1 %	7,86	1 %	– 0,04	0 %	– 0,49	0 %		– 12,48	– 6,21	7,37
ALL ACP COUNTRIES						– 1,47					– 1,47	– 1,61
ADMINISTRATIVE & FINANCIAL COSTS	2,66		0,00 %		0,00 %	– 0,04	– 1,65 %		0,00 %		– 0,04	– 0,04
* TOTAL ACP	5 329,60	– 50,80	– 1 %	62,80	1 %	– 17,73	0 %	32,86	1 %		– 68,54	– 4,28	95,66
MAYOTTE	6,69		0,00 %		0,00 %		0,00 %		0,00 %
NEW CALEDONIA	12,44		0,00 %		0,00 %		0,00 %	0,76	6,13 %			0,01	0,76
FRENCH POLYNESIA	12,96		0,00 %		0,00 %		0,00 %		0,00 %			0,05
SAINT PIERRE & MIQUELON	3,00		0,00 %		0,00 %		0,00 %		0,00 %
FRENCH SOUTHERN TERRITORIES	0,00		0,00 %		0,00 %		0,00 %		0,00 %
WALLIS & FUTUNA	4,57		0,00 %		0,00 %		0,00 %		0,00 %
NAT. AID PROGR. RESERVE OCT F			0,00 %		0,00 %		0,00 %		0,00 %
* TOTAL FRENCH OCT	39,66		0 %		0 %		0 %	0,76	2 %			0,06	0,76
ARUBA	6,99	– 0,02	– 0,22 %		0,00 %		0,00 %		0,00 %		– 0,02	– 0,03
DUTCH ANTILLES	14,63	– 1,66	– 11,36 %	0,24	1,63 %	– 0,97	– 6,60 %		0,00 %		– 2,63	– 1,10	0,24
* TOTAL DUTCH OCT	21,63	– 1,68	– 8 %	0,24	1 %	– 0,97	– 4 %		0 %		– 2,64	– 1,13	0,24
ANGUILLA	2,72		0,00 %		0,00 %		0,00 %		0,00 %
CAYMANS
FALKLANDS
MONTSERRAT	3,65	– 0,14	– 3,90 %		0,00 %		0,00 %		0,00 %		– 0,14	– 0,14
SAINT HELENA	1,10		0,00 %		0,00 %		0,00 %		0,00 %
TURKS & CAICOS	3,89		0,00 %		0,00 %		0,00 %		0,00 %
BRITISH VIRGIN ISLANDS	2,40		0,00 %		0,00 %		0,00 %		0,00 %
* TOTAL BRITISH OCT	13,76	– 0,14	– 1,03 %		0,00 %		0,00 %		0,00 %		– 0,14	– 0,14
OCT REGIONAL COOPERATION	8,12	– 0,59	– 7,28 %		0,00 %		0,00 %		0,00 %		– 0,59	– 0,02
* OCT REGIONAL COOPERATION	8,12	– 0,59	– 7 %		0 %		0 %		0 %		– 0,59	– 0,02
ALL OCT
* TOTAL OCT	83,17	– 2,41	– 3 %	0,24	0 %	– 0,97	– 1 %	0,76	1 %		– 3,38	– 1,23	1,00
* TOTAL ACP + OCT	5 412,77	– 53,21	– 1 %	63,04	1 %	– 18,70	0 %	33,62	1 %		– 71,91	– 5,51	96,66

Table 3.1.3

7th EDF

Decisions cumulative 2007

SITUATION BY INSTRUMENT AND STATE

(EUR million)
	Lome											Total	Cotonou	Total state
	NIP	Non NIP
	Grants	Interest subsidies	Emergency aid	Refugee aid	Risk capital	Stabex	Sysmin	Tranfers from others funds	SAF	Heavily indebted poor countries	Total non Nip
ANGOLA	109,43		28,31	9,41	1,91						39,63	149,07		149,07
BENIN	88,02		0,92		12,00	1,31		7,12	39,10		60,45	148,46		148,46
BURKINA FASO	147,17		0,84		22,44	18,63	21,60	2,87	83,41		149,79	296,96		296,96
BOTSWANA	30,09	16,45		0,23	2,53		33,72	2,23			55,15	85,24		85,24
BURUNDI	78,16		17,05			54,56		2,59	11,92		86,11	164,27		164,27
CENTRAL AFRICAN REPUBLIC	71,28			0,23		18,37		4,66	9,85		33,11	104,40		104,40
CHAD	98,93		0,98			11,31		2,20	19,58		34,07	133,00		133,00
CAMEROON	104,41	0,27			6,61	244,19		3,04	33,61		287,71	392,13		392,13
CONGO	29,64							0,66	6,60		7,26	36,90		36,90
COMOROS	20,24				2,43	4,29		0,60	6,50		13,82	34,06		34,06
CAPE VERDE	24,06		0,18		11,71	1,20		0,25			13,34	37,40		37,40
DJIBOUTI	17,43		0,42	0,47	0,50			0,19	4,10		5,67	23,10		23,10
EQUATORIAL GUINEA	12,12					7,60		0,38			7,98	20,10		20,10
ERITREA	46,15		1,75	3,73	8,00						13,48	59,62		59,62
ETHIOPIA	204,83		6,95	7,07	68,51	179,49		3,80	78,13		343,94	548,78		548,78
GABON	29,31	0,40			0,60		13,96	1,65	8,15		24,75	54,06		54,06
GHANA	95,28	11,81	1,28		1,65	50,58	0,15	11,49	87,06		164,02	259,30		259,30
GAMBIA	21,57				4,30	0,35		0,58	6,20		11,44	33,01		33,01
GUINEA-BISSAU	35,17		1,20		4,63	1,28		5,35	9,48		21,94	57,11		57,11
GUINEA	121,70	3,28	2,37	1,49	48,06		70,40	7,56	25,66		158,82	280,52		280,52
CÔTE D'IVOIRE	103,23	6,12	0,83	2,53	11,55	269,68		3,66	77,12		371,49	474,72		474,72
KENYA	129,89	10,65	9,31	0,86	44,53	84,80		5,81			155,96	285,85		285,85
LIBERIA			16,09	4,32				12,78			33,20	33,20		33,20
LESOTHO	45,41	6,89			17,18	3,71		4,98	21,59		54,34	99,75		99,75
MADAGASCAR	130,33		1,65		12,71	55,50		5,90	10,80		86,55	216,89		216,89
MALAWI	124,48		1,30	14,34	44,79	8,69		11,76	52,34		133,23	257,71		257,71
MAURITIUS	31,63	12,15			5,10			0,60			17,85	49,48		49,48
MAURITANIA	62,73	3,47	1,36	0,08	18,40	16,15	57,85	6,00	24,46		127,77	190,50		190,50
MALI	141,35	5,02	1,21	0,68	20,81	0,94	15,06	7,74	61,32		112,77	254,12		254,12
MOZAMBIQUE	161,32		6,16	26,08	28,16	3,64			30,00		94,04	255,37		255,37
NAMIBIA	46,81	9,42	0,17		6,42		37,60				53,61	100,42		100,42
NIGER	138,22		0,46	0,09	4,67		29,38	4,44	22,40		61,43	199,64		199,64
RWANDA	115,86		24,43	0,64	14,00	41,62		2,69			83,38	199,23		199,23
SENEGAL	106,05	2,35	0,65	0,87	13,10	32,27		6,51	32,50		88,25	194,30		194,30
SEYCHELLES	5,26				3,00			0,05			3,05	8,31		8,31
SIERRA LEONE	73,47		9,53	0,81	8,00	10,01	0,18	2,48	11,90		42,91	116,38		116,38
SOMALIA								18,44			18,44	18,44		18,44
SAO TOME & PRINCIPE	7,89				5,60	2,89		0,07	2,07		10,63	18,52		18,52
SUDAN			39,97			103,83		0,38			144,19	144,19		144,19
SWAZILAND	25,15				16,00			1,42			17,42	42,57		42,57
TANZANIA	156,19		2,84		50,96	57,74		9,52	103,30		224,36	380,55		380,55
TOGO	59,67		0,41			20,77	0,06	4,51			25,75	85,42		85,42
UGANDA	154,51	0,78	1,41	0,75	38,86	144,07		2,34	51,65	4,59	244,46	398,97		398,97
NIGERIA	237,18	9,97	1,03		2,50			1,24			14,74	251,93		251,93
ZAMBIA	99,94		1,25	1,10	49,85		60,16	6,82	96,41		215,59	315,53		315,53
ZIMBABWE	84,07	13,72	0,64	1,78	16,15	26,97	0,09	7,30	36,00		102,67	186,74		186,74
DEMOCRATIC REPUBLIC CONGO	154,53		13,54	5,30				22,59			41,43	195,97		195,97
* TOTAL AFRICA	3 780,19	112,75	196,52	82,86	628,22	1 476,42	340,20	207,24	1 063,20	4,59	4 112,00	7 892,18		7 892,18
ANTIGUA-BARBUDA	2,94		0,66					0,05			0,70	3,64		3,64
BARBADOS	2,86	5,40						0,95			6,34	9,20		9,20
BELIZE	8,98	0,46	0,74	0,50	3,50			3,56			8,75	17,73		17,73
BAHAMAS	4,29	6,91						0,36			7,27	11,57		11,57
DOMINICAN REPUBLIC	80,72	1,15			25,23		19,61		22,78		68,77	149,49		149,49
DOMINICA	5,36				2,50	14,94		0,00	2,15		19,59	24,95		24,95
GRENADA	5,38	0,68			1,50	10,59		0,02	1,98		14,78	20,16		20,16
GUYANA (STATE)	31,68				13,30		0,24	4,07	7,70	6,44	31,75	63,44		63,44
HAITI	80,60		4,89		14,00	32,51			16,97		68,37	148,96		148,96
JAMAICA	46,39	20,69			17,99		70,11	32,83	2,50		144,11	190,51		190,51
ST CHRISTOPHE (KITTS) & NEVIS	2,49				2,00			0,23			2,23	4,72		4,72
SAINT LUCIA	1,94	2,23	0,08		1,50	26,83		0,12			30,75	32,69		32,69
SURINAME	16,12			0,50	0,65		0,16	4,42			5,74	21,86		21,86
SAINT VINCENT & GRENADINES	3,22				5,00	31,57		0,10			36,67	39,89		39,89
TRINIDAD & TOBAGO	9,27	15,46			10,07			0,98	6,20		32,71	41,98		41,98
* TOTAL CARIBBEAN	302,23	52,96	6,36	1,00	97,24	116,46	90,13	47,69	60,28	6,44	478,55	780,78		780,78
FIJI	21,90	1,20	1,00		0,06			0,95			3,20	25,10		25,10
KIRIBATI	5,83				1,00	0,63		0,15			1,78	7,60		7,60
PAPUA-NEW GUINEA	42,96	4,97	0,11		21,33	84,58		3,47	20,50		134,97	177,93		177,93
SOLOMON ISLANDS	19,55				1,30	8,10		0,48			9,88	29,42		29,42
TONGA	5,56	0,64			0,22	2,02		0,39			3,26	8,82		8,82
TUVALU	1,06				0,50	0,03		0,04			0,58	1,64		1,64
VANUATU	7,44		0,15		1,00	2,69		0,17			4,01	11,45		11,45
SAMOA	8,92		0,30		5,50	5,78		0,04			11,62	20,54		20,54
* TOTAL PACIFIC	113,21	6,80	1,57		30,91	103,82		5,69	20,50		169,29	282,50		282,50
INTRA ACP BUDGET													50,00	50,00
ACP REGIONAL COOPERATION	1 081,31	12,86			44,76			40,90			98,52	1 179,84		1 179,84
* TOTAL ACP REGIONAL COOPERATION	1 081,31	12,86			44,76			40,90			98,52	1 179,84	50,00	1 229,84
ALL ACP COUNTRIES		13,12	198,82		12,25		0,21	7,11		28,97	260,49	260,49		260,49
ADMINISTRATIVE & FINANCIAL COSTS	2,66							0,36	4,69		5,05	7,72		7,72
* TOTAL ACP	5 279,60	198,49	403,27	83,86	813,38	1 696,69	430,54	309,00	1 148,67	40,00	5 123,91	10 403,51	50,00	10 453,51
MAYOTTE	6,69		0,49		4,90						5,39	12,08		12,08
NEW CALEDONIA	12,44	0,64	0,25		6,00		2,50	2,20			11,59	24,03		24,03
FRENCH POLYNESIA	12,96	0,92	0,11		3,91	0,93		1,50			7,37	20,33		20,33
SAINT PIERRE & MIQUELON	3,00							0,54			0,54	3,54		3,54
FRENCH SOUTHERN TERRITORIES	0,00											0,00		0,00
WALLIS & FUTUNA	4,57		0,08					0,02			0,09	4,66		4,66
NAT. AID PROGR. RESERVE OCT F
* TOTAL FRENCH OCT	39,66	1,56	0,92		14,81	0,93	2,50	4,26			24,98	64,64		64,64
ARUBA	6,99	0,07						0,10			0,17	7,16		7,16
DUTCH ANTILLES	14,63	0,67			6,59			3,19			10,44	25,08		25,08
* TOTAL DUTCH OCT	21,63	0,74			6,59			3,29			10,61	32,24		32,24
ANGUILLA	2,72							0,35			0,35	3,07		3,07
CAYMANS		1,07		0,09							1,17	1,17		1,17
FALKLANDS		0,62				5,07		0,01			5,69	5,69		5,69
MONTSERRAT	3,65		0,38	0,20				0,01			0,59	4,24		4,24
SAINT HELENA	1,10							0,05			0,05	1,15		1,15
TURKS & CAICOS	3,89							0,06			0,06	3,95		3,95
BRITISH VIRGIN ISLANDS	2,40	0,19			1,10			0,12			1,41	3,80		3,80
* TOTAL BRITISH OCT	13,76	1,88	0,38	0,29	1,10	5,07		0,59			9,31	23,07		23,07
OCT REGIONAL COOPERATION	8,12							0,47			0,47	8,59		8,59
* OCT REGIONAL COOPERATION	8,12							0,47			0,47	8,59		8,59
ALL OCT			0,96								0,96	0,96		0,96
* TOTAL OCT	83,17	4,18	2,26	0,29	22,49	6,00	2,50	8,61			46,34	129,50		129,50
* TOTAL ACP + OCT	5 362,77	202,67	405,53	84,15	835,88	1 702,69	433,04	317,61	1 148,67	40,00	5 170,24	10 533,01	50,00	10 583,01

TABLE 3.1.4

7th EDF

Decisions annual 2007

SITUATION BY INSTRUMENT AND STATE

(EUR million)

Lome

Total

Cotonou

Total state

NIP

Non NIP

Grants

Interest subsidies

Emergency aid

Refugee aid

Risk capital

Stabex

Sysmin

Tranfers from others funds

SAF

Heavily indebted poor countries

Total non Nip

ANGOLA

– 0,00

– 0,07

BENIN

– 0,34

BURKINA FASO

BOTSWANA

BURUNDI

– 6,03

– 0,16

– 0,08

– 0,24

– 6,27

CENTRAL AFRICAN REPUBLIC

CHAD

CAMEROON

– 0,03

– 2,00

– 2,03

CONGO

– 0,10

COMOROS

CAPE VERDE

– 0,30

DJIBOUTI

EQUATORIAL GUINEA

ERITREA

– 1,03

ETHIOPIA

– 6,02

– 0,27

– 6,29

GABON

– 0,20

GHANA

– 0,61

GAMBIA

– 0,14

– 0,28

GUINEA– BISSAU

– 1,38

– 0,09

– 1,47

GUINEA

– 0,01

– 9,77

– 9,78

CÔTE D'IVOIRE

– 0,19

KENYA

– 0,60

LIBERIA

LESOTHO

– 0,30

– 0,10

– 0,41

MADAGASCAR

MALAWI

– 1,42

MAURITIUS

– 0,05

MAURITANIA

MALI

MOZAMBIQUE

– 1,07

– 0,00

– 0,10

– 1,17

NAMIBIA

NIGER

– 0,31

RWANDA

SENEGAL

– 0,53

– 0,75

– 1,28

SEYCHELLES

SIERRA LEONE

– 2,68

SOMALIA

SAO TOME & PRINCIPE

– 0,08

SUDAN

SWAZILAND

TANZANIA

TOGO

– 1,88

– 0,19

– 2,07

UGANDA

– 0,40

– 0,00

– 0,15

– 0,55

NIGERIA

– 8,19

ZAMBIA

– 0,40

ZIMBABWE

– 0,10

– 0,01

– 0,11

DEMOCRATIC REPUBLIC CONGO

– 1,11

– 0,42

– 1,53

* TOTAL AFRICA

– 35,18

– 0,07

– 0,10

– 2,00

– 10,08

– 1,87

– 0,50

– 14,62

– 49,81

ANTIGUA– BARBUDA

BARBADOS

BELIZE

BAHAMAS

DOMINICAN REPUBLIC

DOMINICA

GRENADA

GUYANA (STATE)

– 0,85

HAITI

– 0,49

JAMAICA

– 0,02

– 1,13

– 0,02

– 1,15

– 1,17

ST CHRISTOPHE (KITTS) & NEVIS

SAINT LUCIA

SURINAME

– 0,73

– 0,40

– 1,14

SAINT VINCENT & GRENADINES

TRINIDAD & TOBAGO

* TOTAL CARIBBEAN

– 2,10

– 1,13

– 0,42

– 1,55

– 3,65

FIJI

KIRIBATI

PAPUA– NEW GUINEA

– 0,85

– 0,00

– 0,86

SOLOMON ISLANDS

– 0,02

TONGA

– 0,21

TUVALU

VANUATU

SAMOA

* TOTAL PACIFIC

– 1,08

– 0,00

– 1,09

INTRA ACP BUDGET

ACP REGIONAL COOPERATION

– 12,44

– 0,04

– 12,48

* TOTAL ACP REGIONAL COOPERATION

– 12,44

– 0,04

– 12,48

ALL ACP COUNTRIES

– 1,47

ADMINISTRATIVE & FINANCIAL COSTS

– 0,04

* TOTAL ACP

– 50,80

– 0,07

– 0,10

– 3,13

– 10,08

– 3,85

– 0,50

– 17,73

– 68,54

MAYOTTE

NEW CALEDONIA

FRENCH POLYNESIA

SAINT PIERRE & MIQUELON

FRENCH SOUTHERN TERRITORIES

WALLIS & FUTUNA

NAT. AID PROGR. RESERVE OCT F

* TOTAL FRENCH OCT

ARUBA

– 0,02

DUTCH ANTILLES

– 1,66

– 0,97

– 2,63

* TOTAL DUTCH OCT

– 1,68

– 0,97

– 2,64

ANGUILLA

CAYMANS

FALKLANDS

MONTSERRAT

– 0,14

SAINT HELENA

TURKS & CAICOS

BRITISH VIRGIN ISLANDS

* TOTAL BRITISH OCT

– 0,14

OCT REGIONAL COOPERATION

– 0,59

* OCT REGIONAL COOPERATION

– 0,59

ALL OCT

* TOTAL OCT

– 2,41

– 0,97

– 3,38

* TOTAL ACP + OCT

– 53,21

– 0,07

– 0,10

– 3,13

– 10,08

– 4,82

– 0,50

– 18,70

– 71,91

Table 3.1.5

7th EDF

Assigned funds cumulative 2007

SITUATION BY INSTRUMENT AND STATE

(EUR million)
	Lome											Total	Cotonou	Total state
	NIP	Non NIP
	Grants	Interest subsidies	Emergency aid	Refugee aid	Risk capital	Stabex	Sysmin	Tranfers from others funds	SAF	Heavily indebted poor countries	Total non NIP
ANGOLA	108,12		28,31	9,41	1,91						39,63	147,76		147,76
BENIN	87,99		0,92		12,00	1,31		7,12	39,10		60,45	148,44		148,44
BURKINA FASO	146,23		0,84		22,44	18,63	21,60	2,87	83,41		149,79	296,02		296,02
BOTSWANA	30,08	16,45		0,23	2,53		33,71	2,23			55,15	85,23		85,23
BURUNDI	78,13		17,05			54,56		2,59	11,92		86,11	164,24		164,24
CENTRAL AFRICAN REPUBLIC	71,22			0,23		18,37		4,66	9,85		33,11	104,33		104,33
CHAD	98,91		0,98			11,31		2,20	19,58		34,07	132,97		132,97
CAMEROON	104,41	0,27			6,61	244,19		3,04	33,61		287,71	392,13		392,13
CONGO	29,16							0,66	6,60		7,26	36,42		36,42
COMOROS	20,17				2,43	4,29		0,60	6,50		13,82	33,99		33,99
CAPE VERDE	23,98		0,18		11,71	1,20		0,25			13,34	37,32		37,32
DJIBOUTI	17,43		0,42	0,47	0,50			0,19	4,10		5,67	23,10		23,10
EQUATORIAL GUINEA	12,12					7,60		0,38			7,98	20,10		20,10
ERITREA	45,91		1,75	3,73	8,00						13,48	59,38		59,38
ETHIOPIA	203,90		6,95	7,07	68,51	179,49		3,80	78,13		343,94	547,84		547,84
GABON	29,31	0,40			0,60		13,96	1,65	8,15		24,75	54,06		54,06
GHANA	94,91	11,81	1,28		1,65	50,58	0,15	11,45	87,06		163,98	258,90		258,90
GAMBIA	21,57				4,30	0,35		0,58	6,20		11,44	33,01		33,01
GUINEA-BISSAU	35,10		1,20		4,63	1,28		5,35	9,48		21,94	57,04		57,04
GUINEA	120,96	3,28	2,37	1,49	48,06		70,06	4,56	25,66		155,47	276,44		276,44
CÔTE D'IVOIRE	103,23	6,12	0,83	2,53	11,55	269,68		3,66	77,12		371,49	474,72		474,72
KENYA	128,74	10,65	9,31	0,86	44,53	84,80		5,60			155,75	284,49		284,49
LIBERIA			16,09	4,32				12,78			33,20	33,20		33,20
LESOTHO	45,41	6,89			17,18	3,71		4,98	21,59		54,34	99,75		99,75
MADAGASCAR	130,33		1,65		12,71	55,50		5,90	10,80		86,55	216,89		216,89
MALAWI	124,44		1,30	14,34	44,79	8,69		11,73	52,34		133,20	257,64		257,64
MAURITIUS	31,63	12,15			5,10			0,60			17,85	49,48		49,48
MAURITANIA	62,39	3,47	1,36	0,08	18,40	16,15	57,85	6,00	24,46		127,77	190,16		190,16
MALI	141,32	5,02	1,21	0,68	20,81	0,94	14,72	7,74	61,32		112,43	253,75		253,75
MOZAMBIQUE	160,75		6,16	26,08	28,16	3,64			30,00		94,04	254,79		254,79
NAMIBIA	46,65	9,42	0,17		6,42		37,60				53,61	100,27		100,27
NIGER	138,22		0,46	0,09	4,67		29,38	4,44	22,40		61,43	199,64		199,64
RWANDA	115,70		24,43	0,64	14,00	41,62		2,69			83,38	199,08		199,08
SENEGAL	104,59	2,35	0,65	0,69	13,10	32,27		6,43	32,50		87,99	192,58		192,58
SEYCHELLES	5,26				3,00			0,05			3,05	8,31		8,31
SIERRA LEONE	72,81		9,53	0,81	8,00	10,01	0,18	2,48	11,90		42,91	115,72		115,72
SOMALIA								18,44			18,44	18,44		18,44
SAO TOME & PRINCIPE	7,89				5,60	2,89		0,07	2,07		10,63	18,52		18,52
SUDAN			39,97			103,83		0,24			144,05	144,05		144,05
SWAZILAND	25,13				16,00			1,42			17,42	42,55		42,55
TANZANIA	155,92		2,84		50,96	57,74		9,51	103,30		224,35	380,28		380,28
TOGO	57,19		0,41			20,77	0,06	4,50			25,74	82,93		82,93
UGANDA	154,51	0,78	1,41	0,75	38,86	144,07		2,34	51,65	4,59	244,45	398,96		398,96
NIGERIA	218,50	9,97	1,03		2,50			1,18			14,68	233,18		233,18
ZAMBIA	99,94		1,25	1,10	49,85		60,16	6,81	96,41		215,58	315,52		315,52
ZIMBABWE	84,07	13,72	0,64	1,78	16,15	26,97	0,09	7,30	36,00		102,67	186,74		186,74
DEMOCRATIC REPUBLIC CONGO	140,12		13,54	5,30				22,38			41,22	181,34		181,34
* TOTAL AFRICA	3 734,33	112,75	196,52	82,67	628,22	1 476,42	339,51	203,46	1 063,20	4,59	4 107,33	7 841,66		7 841,66
ANTIGUA-BARBUDA	2,94		0,66					0,05			0,70	3,64		3,64
BARBADOS	2,86	5,40						0,95			6,34	9,20		9,20
BELIZE	8,98	0,46	0,74	0,50	3,50			3,56			8,75	17,73		17,73
BAHAMAS	4,29	6,91						0,36			7,27	11,57		11,57
DOMINICAN REPUBLIC	80,67	1,15			25,23		19,61		22,78		68,77	149,43		149,43
DOMINICA	4,68				2,50	14,94		0,00	2,15		19,59	24,27		24,27
GRENADA	5,38	0,68			1,50	10,59		0,02	1,98		14,78	20,16		20,16
GUYANA (STATE)	31,68				13,30		0,24	4,07	7,70	6,44	31,75	63,44		63,44
HAITI	80,57		4,89		14,00	32,51			16,97		68,37	148,94		148,94
JAMAICA	46,39	20,69			17,99		69,64	32,83	2,50		143,64	190,04		190,04
ST CHRISTOPHE (KITTS) & NEVIS	2,48				2,00			0,23			2,23	4,72		4,72
SAINT LUCIA	1,77	2,23	0,08		1,50	26,83		0,12			30,75	32,53		32,53
SURINAME	16,12			0,50	0,65		0,16	4,42			5,73	21,86		21,86
SAINT VINCENT & GRENADINES	3,22				5,00	31,57		0,10			36,67	39,89		39,89
TRINIDAD & TOBAGO	9,27	15,46			10,07			0,98	6,20		32,71	41,98		41,98
* TOTAL CARIBBEAN	301,30	52,96	6,36	1,00	97,24	116,46	89,66	47,69	60,28	6,44	478,08	779,38		779,38
FIJI	21,87	1,20	1,00		0,06			0,88			3,14	25,00		25,00
KIRIBATI	5,83				1,00	0,63		0,15			1,78	7,60		7,60
PAPUA-NEW GUINEA	42,82	4,97	0,11		21,33	84,58		3,47	20,50		134,97	177,78		177,78
SOLOMON ISLANDS	19,54				1,30	8,10		0,48			9,88	29,42		29,42
TONGA	5,56	0,64			0,22	2,02		0,39			3,26	8,82		8,82
TUVALU	1,06				0,50	0,03		0,04			0,58	1,64		1,64
VANUATU	7,44		0,15		1,00	2,69		0,17			4,01	11,45		11,45
SAMOA	8,92		0,30		5,50	5,78		0,04			11,62	20,54		20,54
* TOTAL PACIFIC	113,03	6,80	1,57		30,91	103,82		5,63	20,50		169,23	282,25		282,25
INTRA ACP BUDGET													50,00	50,00
ACP REGIONAL COOPERATION	1 068,75	12,37			44,76			40,79			97,93	1 166,68		1 166,68
* TOTAL ACP REGIONAL COOPERATION	1 068,75	12,37			44,76			40,79			97,93	1 166,68	50,00	1 216,68
ALL ACP COUNTRIES		13,12	198,82		12,25		0,21	6,95		28,97	260,33	260,33		260,33
ADMINISTRATIVE & FINANCIAL COSTS	2,66							0,36	4,69		5,05	7,72		7,72
* TOTAL ACP	5 220,07	198,00	403,27	83,67	813,38	1 696,69	429,37	304,88	1 148,67	40,00	5 117,95	10 338,02	50,00	10 388,02
MAYOTTE	6,69		0,49		4,90						5,39	12,08		12,08
NEW CALEDONIA	12,44	0,64	0,25		6,00		2,29	2,20			11,38	23,82		23,82
FRENCH POLYNESIA	12,87	0,92	0,11		3,91	0,93		1,50			7,37	20,24		20,24
SAINT PIERRE & MIQUELON	3,00							0,54			0,54	3,54		3,54
FRENCH SOUTHERN TERRITORIES	0,00											0,00		0,00
WALLIS & FUTUNA	4,57		0,08					0,02			0,09	4,66		4,66
NAT. AID PROGR. RESERVE OCT F
* TOTAL FRENCH OCT	39,57	1,56	0,92		14,81	0,93	2,29	4,26			24,77	64,34		64,34
ARUBA	6,97	0,07						0,10			0,17	7,14		7,14
DUTCH ANTILLES	14,63	0,67			6,59			3,19			10,44	25,08		25,08
* TOTAL DUTCH OCT	21,60	0,74			6,59			3,29			10,61	32,21		32,21
ANGUILLA	2,72							0,35			0,35	3,07		3,07
CAYMANS		1,07		0,09							1,17	1,17		1,17
FALKLANDS		0,62				5,07		0,01			5,69	5,69		5,69
MONTSERRAT	3,65		0,38	0,20				0,01			0,59	4,24		4,24
SAINT HELENA	1,10							0,05			0,05	1,15		1,15
TURKS & CAICOS	3,89							0,06			0,06	3,95		3,95
BRITISH VIRGIN ISLANDS	2,39	0,19			1,10			0,12			1,41	3,80		3,80
* TOTAL BRITISH OCT	13,75	1,88	0,38	0,29	1,10	5,07		0,59			9,31	23,06		23,06
OCT REGIONAL COOPERATION	8,12							0,44			0,44	8,56		8,56
* OCT REGIONAL COOPERATION	8,12							0,44			0,44	8,56		8,56
ALL OCT			0,96								0,96	0,96		0,96
* TOTAL OCT	83,04	4,18	2,26	0,29	22,49	6,00	2,29	8,57			46,09	129,13		129,13
* TOTAL ACP + OCT	5 303,11	202,18	405,53	83,97	835,88	1 702,69	431,67	313,45	1 148,67	40,00	5 164,04	10 467,15	50,00	10 517,15

Table 3.1.6

7th EDF

Assigned funds annual 2007

SITUATION BY INSTRUMENT AND STATE

(EUR million)

Lome

Total

Cotonou

Total state

NIP

Non NIP

Grants

Interest subsidies

Emergency aid

Refugee aid

Risk capital

Stabex

Sysmin

Tranfers from others funds

SAF

Heavily indebted poor countries

Total non NIP

ANGOLA

– 1,11

BENIN

0,12

BURKINA FASO

0,47

BOTSWANA

– 0,01

BURUNDI

– 5,55

CENTRAL AFRICAN REPUBLIC

– 0,07

CHAD

0,12

CAMEROON

– 0,03

– 2,00

– 2,03

CONGO

– 0,57

COMOROS

– 0,07

CAPE VERDE

0,52

DJIBOUTI

EQUATORIAL GUINEA

ERITREA

– 0,35

ETHIOPIA

– 1,13

– 0,08

– 1,21

GABON

– 0,05

GHANA

– 0,57

GAMBIA

– 0,14

GUINEA-BISSAU

– 0,54

GUINEA

– 0,04

– 0,70

– 3,00

– 3,70

– 3,74

CÔTE D'IVOIRE

– 0,19

KENYA

– 0,97

LIBERIA

LESOTHO

– 0,18

– 0,06

– 0,24

MADAGASCAR

MALAWI

– 0,74

0,08

– 0,66

MAURITIUS

– 0,04

MAURITANIA

MALI

0,05

1,35

1,41

MOZAMBIQUE

– 0,85

– 0,00

– 0,85

NAMIBIA

– 0,01

NIGER

– 0,15

RWANDA

0,01

SENEGAL

– 1,38

– 0,18

– 1,57

SEYCHELLES

SIERRA LEONE

– 1,80

SOMALIA

SAO TOME & PRINCIPE

– 0,07

SUDAN

SWAZILAND

0,04

TANZANIA

– 0,26

– 0,01

– 0,26

TOGO

1,60

0,22

1,82

UGANDA

0,06

NIGERIA

8,67

ZAMBIA

– 0,23

– 0,00

– 0,23

ZIMBABWE

– 0,05

– 0,01

– 0,06

DEMOCRATIC REPUBLIC CONGO

16,69

– 0,22

16,47

* TOTAL AFRICA

11,36

– 0,00

– 0,18

– 2,00

0,50

– 3,00

– 0,08

– 4,77

6,59

ANTIGUABARBUDA

BARBADOS

BELIZE

BAHAMAS

DOMINICAN REPUBLIC

– 0,00

DOMINICA

0,03

GRENADA

GUYANA (STATE)

– 0,50

HAITI

– 0,11

JAMAICA

– 1,13

– 0,38

– 0,00

– 1,52

ST CHRISTOPHE (KITTS) & NEVIS

SAINT LUCIA

– 0,00

SURINAME

– 0,28

– 0,11

– 0,39

SAINT VINCENT & GRENADINES

TRINIDAD & TOBAGO

* TOTAL CARIBBEAN

– 0,86

– 1,13

– 0,38

– 0,11

– 1,62

– 2,49

FIJI

KIRIBATI

PAPUANEW GUINEA

– 0,29

SOLOMON ISLANDS

– 0,02

TONGA

– 0,21

TUVALU

VANUATU

SAMOA

* TOTAL PACIFIC

– 0,52

INTRA ACP BUDGET

ACP REGIONAL COOPERATION

– 5,62

– 0,49

– 0,11

– 0,60

– 6,21

* TOTAL ACP REGIONAL COOPERATION

– 5,62

– 0,49

– 0,11

– 0,60

– 6,21

ALL ACP COUNTRIES

– 1,61

ADMINISTRATIVE & FINANCIAL COSTS

– 0,04

* TOTAL ACP

4,36

– 0,49

– 0,00

– 0,18

– 3,13

0,11

– 4,86

– 0,08

– 8,64

– 4,28

MAYOTTE

NEW CALEDONIA

0,01

FRENCH POLYNESIA

0,05

SAINT PIERRE & MIQUELON

FRENCH SOUTHERN TERRITORIES

WALLIS & FUTUNA

NAT. AID PROGR. RESERVE OCT F

* TOTAL FRENCH OCT

0,05

0,01

0,06

ARUBA

– 0,03

DUTCH ANTILLES

– 0,83

– 0,27

– 1,10

* TOTAL DUTCH OCT

– 0,86

– 0,27

– 1,13

ANGUILLA

CAYMANS

FALKLANDS

MONTSERRAT

– 0,14

SAINT HELENA

TURKS & CAICOS

BRITISH VIRGIN ISLANDS

* TOTAL BRITISH OCT

– 0,14

OCT REGIONAL COOPERATION

– 0,02

* OCT REGIONAL COOPERATION

– 0,02

ALL OCT

* TOTAL OCT

– 0,97

0,01

– 0,27

– 0,26

– 1,23

* TOTAL ACP + OCT

3,38

– 0,49

– 0,00

– 0,18

– 3,13

0,12

– 5,13

– 0,08

– 8,90

– 5,51

Table 3.1.7

7th EDF

Payments cumulative 2007

SITUATION BY INSTRUMENT AND STATE

(EUR million)
	Lome											Total	Cotonou	Total state
	NIP	Non NIP
	Grants	Interest subsidies	Emergency aid	Refugee aid	Risk capital	Stabex	Sysmin	Tranfers from others funds	SAF	Heavily indebted poor countries	Total non NIP
ANGOLA	105,95		28,31	9,31	1,91						39,53	145,48	0,00	145,48
BENIN	87,72		0,92		12,00	1,31		7,12	39,10		60,45	148,17	0,00	148,17
BURKINA FASO	143,75		0,84		22,44	18,63	21,60	2,87	83,41		149,79	293,54	0,00	293,54
BOTSWANA	30,08	16,45		0,23	2,53		33,71	2,23			55,15	85,23	0,00	85,23
BURUNDI	77,41		17,05			54,56		2,56	11,92		86,08	163,49	0,00	163,49
CENTRAL AFRICAN REPUBLIC	71,22			0,23		18,37		4,66	9,85		33,11	104,33	0,00	104,33
CHAD	98,55		0,98			11,31		2,20	19,58		34,07	132,62	0,00	132,62
CAMEROON	104,41	0,27			6,61	244,19		3,04	33,61		287,71	392,13	0,00	392,13
CONGO	28,95							0,66	6,60		7,26	36,21	0,00	36,21
COMOROS	20,17				2,43	4,29		0,60	6,50		13,82	33,99	0,00	33,99
CAPE VERDE	23,22		0,18		11,71	1,20		0,25			13,34	36,56	0,00	36,56
DJIBOUTI	17,42		0,42	0,47	0,50			0,19	4,10		5,67	23,10	0,00	23,10
EQUATORIAL GUINEA	12,12					7,60		0,38			7,98	20,10	0,00	20,10
ERITREA	45,89		1,75	3,73	8,00						13,48	59,36	0,00	59,36
ETHIOPIA	199,08		6,95	7,07	52,43	179,49		3,80	78,10		327,85	526,92	0,00	526,92
GABON	29,31	0,40			0,60		13,96	1,65	8,15		24,75	54,06	0,00	54,06
GHANA	94,12	11,81	1,28		1,65	50,58	0,15	11,43	87,06		163,96	258,08	0,00	258,08
GAMBIA	21,55				4,30	0,35		0,55	6,20		11,40	32,95	0,00	32,95
GUINEA-BISSAU	34,95		1,20		4,63	1,28		5,35	9,48		21,94	56,89	0,00	56,89
GUINEA	120,78	3,28	2,37	1,49	48,06		66,18	4,56	25,66		151,59	272,37	0,00	272,37
CÔTE D'IVOIRE	103,17	6,12	0,83	2,53	11,55	269,68		3,66	77,12		371,49	474,66	0,00	474,66
KENYA	126,30	10,65	9,31	0,86	44,53	84,80		5,13			155,28	281,58	0,00	281,58
LIBERIA			16,09	4,32				12,72			33,13	33,13	0,00	33,13
LESOTHO	45,41	6,89			17,18	3,71		4,98	21,59		54,34	99,75	0,00	99,75
MADAGASCAR	130,33		1,65		12,71	55,50		5,90	10,80		86,55	216,89	0,00	216,89
MALAWI	123,38		1,30	14,34	44,79	8,69		11,60	52,34		133,06	256,44	0,00	256,44
MAURITIUS	31,63	12,15			5,10			0,60			17,85	49,48	0,00	49,48
MAURITANIA	62,34	3,47	1,36	0,08	18,40	16,15	57,85	6,00	24,46		127,77	190,11	0,00	190,11
MALI	141,17	5,02	1,21	0,68	20,81	0,94	11,61	7,74	61,32		109,33	250,50	0,00	250,50
MOZAMBIQUE	158,84		6,16	26,08	28,16	3,64			30,00		94,04	252,88	0,00	252,88
NAMIBIA	46,65	9,42	0,17		6,42		37,60				53,61	100,27	0,00	100,27
NIGER	138,22		0,46	0,09	4,67		29,38	4,44	22,40		61,43	199,64	0,00	199,64
RWANDA	115,63		24,43	0,64	14,00	41,62		2,69			83,38	199,01	0,00	199,01
SENEGAL	104,58	2,35	0,65	0,69	13,10	32,27		6,38	32,50		87,94	192,52	0,00	192,52
SEYCHELLES	5,26				3,00			0,05			3,05	8,31	0,00	8,31
SIERRA LEONE	70,79		9,53	0,81	8,00	10,01	0,18	2,48	11,90		42,91	113,70	0,00	113,70
SOMALIA								18,44			18,44	18,44	0,00	18,44
SAO TOME & PRINCIPE	7,89				5,60	2,89		0,07	2,07		10,63	18,52	0,00	18,52
SUDAN			39,83			101,32		0,24			141,39	141,39	0,00	141,39
SWAZILAND	24,04				16,00			1,26			17,26	41,30	0,00	41,30
TANZANIA	155,75		2,84		50,96	57,74		9,50	103,30		224,34	380,09	0,00	380,09
TOGO	50,83		0,41			20,77	0,06	3,88			25,13	75,96	0,00	75,96
UGANDA	154,12	0,78	1,41	0,75	38,86	144,07		2,34	51,61	4,59	244,42	398,54	0,00	398,54
NIGERIA	195,59	9,97	1,03		2,50			0,93			14,43	210,02	0,00	210,02
ZAMBIA	99,94		1,25	1,10	49,85		60,16	6,81	96,41		215,58	315,51	0,00	315,51
ZIMBABWE	84,07	13,72	0,64	1,78	16,15	26,97	0,09	7,30	36,00		102,67	186,74	0,00	186,74
DEMOCRATIC REPUBLIC CONGO	122,29		13,54	5,30				22,38			41,22	163,51	0,00	163,51
* TOTAL AFRICA	3 664,86	112,75	196,38	82,57	612,14	1 473,90	332,52	201,61	1 063,14	4,59	4 079,61	7 744,47		7 744,47
ANTIGUA-BARBUDA	2,94		0,66					0,05			0,70	3,64	0,00	3,64
BARBADOS	2,86	5,40						0,95			6,34	9,20	0,00	9,20
BELIZE	8,98	0,46	0,74	0,50	3,50			3,56			8,75	17,73	0,00	17,73
BAHAMAS	4,29	6,91						0,36			7,27	11,57	0,00	11,57
DOMINICAN REPUBLIC	80,01	1,15			25,23		19,61		22,78		68,77	148,77	0,00	148,77
DOMINICA	4,34				2,50	14,94		0,00	2,15		19,59	23,93	0,00	23,93
GRENADA	5,38	0,68			1,50	10,59		0,02	1,98		14,78	20,16	0,00	20,16
GUYANA (STATE)	31,68				13,30		0,24	4,07	7,70	6,44	31,75	63,44	0,00	63,44
HAITI	80,57		4,89		8,00	32,51			16,97		62,37	142,94	0,00	142,94
JAMAICA	46,35	20,69			3,99		31,38	32,83	2,50		91,38	137,73	0,00	137,73
ST CHRISTOPHE (KITTS) & NEVIS	2,48				2,00			0,23			2,23	4,71	0,00	4,71
SAINT LUCIA	1,77	2,23	0,08		1,50	26,83		0,12			30,75	32,53	0,00	32,53
SURINAME	16,10			0,50	0,65		0,16	4,42			5,73	21,83	0,00	21,83
SAINT VINCENT & GRENADINES	3,22				5,00	31,57		0,10			36,67	39,89	0,00	39,89
TRINIDAD & TOBAGO	9,27	15,46			8,07			0,98	6,20		30,71	39,98	0,00	39,98
* TOTAL CARIBBEAN	300,24	52,96	6,36	1,00	75,24	116,46	51,39	47,68	60,28	6,44	417,81	718,05		718,05
FIJI	21,87	1,20	1,00		0,06			0,88			3,14	25,00	0,00	25,00
KIRIBATI	5,83				1,00	0,63		0,15			1,78	7,60	0,00	7,60
PAPUA-NEW GUINEA	42,82	4,97	0,11		21,33	84,58		3,47	20,50		134,97	177,78	0,00	177,78
SOLOMON ISLANDS	19,52				1,30	8,10		0,48			9,88	29,39	0,00	29,39
TONGA	5,56	0,64			0,22	2,02		0,39			3,26	8,82	0,00	8,82
TUVALU	1,06				0,30	0,03		0,04			0,38	1,44	0,00	1,44
VANUATU	7,44		0,15		1,00	2,69		0,17			4,01	11,45	0,00	11,45
SAMOA	8,92		0,30		5,50	5,78		0,04			11,62	20,54	0,00	20,54
* TOTAL PACIFIC	113,00	6,80	1,57		30,71	103,82		5,63	20,50		169,03	282,03		282,03
INTRA ACP BUDGET												0,00	50,00	50,00
ACP REGIONAL COOPERATION	1 053,05	12,37			44,76			39,91			97,04	1 150,10	0,00	1 150,10
* TOTAL ACP REGIONAL COOPERATION	1 053,05	12,37			44,76			39,91			97,04	1 150,10	50,00	1 200,10
ALL ACP COUNTRIES		13,12	198,82		12,25		0,21	6,70		28,97	260,07	260,07	0,00	260,07
ADMINISTRATIVE & FINANCIAL COSTS	2,66							0,36	4,69		5,05	7,72	0,00	7,72
* TOTAL ACP	5 133,82	198,00	403,13	83,57	775,11	1 694,18	384,13	301,88	1 148,61	40,00	5 028,61	10 162,43	50,00	10 212,43
MAYOTTE	6,69		0,49		4,90						5,39	12,08	0,00	12,08
NEW CALEDONIA	12,43	0,64	0,25		6,00		2,05	2,20			11,14	23,56	0,00	23,56
FRENCH POLYNESIA	12,82	0,92	0,11		3,91	0,93		1,50			7,37	20,20	0,00	20,20
SAINT PIERRE & MIQUELON	3,00							0,54			0,54	3,54	0,00	3,54
FRENCH SOUTHERN TERRITORIES	0,00											0,00	0,00	0,00
WALLIS & FUTUNA	4,57		0,08					0,02			0,09	4,66	0,00	4,66
NAT. AID PROGR. RESERVE OCT F												0,00	0,00	0,00
* TOTAL FRENCH OCT	39,51	1,56	0,92		14,81	0,93	2,05	4,26			24,53	64,04		64,04
ARUBA	6,97	0,07						0,10			0,17	7,14	0,00	7,14
DUTCH ANTILLES	14,25	0,67			6,59			3,18			10,44	24,69	0,00	24,69
* TOTAL DUTCH OCT	21,22	0,74			6,59			3,29			10,61	31,83		31,83
ANGUILLA	2,72							0,35			0,35	3,07	0,00	3,07
CAYMANS		1,07		0,09							1,17	1,17	0,00	1,17
FALKLANDS		0,62				5,07		0,01			5,69	5,69	0,00	5,69
MONTSERRAT	3,65		0,38	0,20				0,01			0,59	4,24	0,00	4,24
SAINT HELENA	1,10							0,05			0,05	1,15	0,00	1,15
TURKS & CAICOS	3,89							0,06			0,06	3,95	0,00	3,95
BRITISH VIRGIN ISLANDS	2,39	0,19			1,10			0,12			1,41	3,80	0,00	3,80
* TOTAL BRITISH OCT	13,75	1,88	0,38	0,29	1,10	5,07		0,59			9,31	23,06		23,06
OCT REGIONAL COOPERATION	8,02							0,44			0,44	8,46	0,00	8,46
* OCT REGIONAL COOPERATION								0,44			0,44	8,46		8,46
ALL OCT			0,96								0,96	0,96	0,00	0,96
* TOTAL OCT	82,50	4,18	2,26	0,29	22,49	6,00	2,05	8,57			45,85	128,34		128,34
* TOTAL ACP + OCT	5 216,32	202,18	405,39	83,87	797,60	1 700,18	386,18	310,45	1 148,61	40,00	5 074,46	10 290,78	50,00	10 340,78

Table 3.1.8

7th EDF

Payments annual 2007

SITUATION BY INSTRUMENT AND STATE

(EUR million)
	Lome											Total	Cotonou	Total state
	NIP	Non NIP
	Grants	Interest subsidies	Emergency aid	Refugee aid	Risk capital	Stabex	Sysmin	Transfers from others funds	SAF	Heavily indebted poor countries	Total non NIP
ANGOLA	1,36											1,36		1,36
BENIN	0,38											0,38		0,38
BURKINA FASO	1,59											1,59		1,59
BOTSWANA
BURUNDI	– 0,59					8,23					8,23	7,65		7,65
CENTRAL AFRICAN REPUBLIC	– 0,02											– 0,02		– 0,02
CHAD	0,24											0,24		0,24
CAMEROON	– 0,00											– 0,00		– 0,00
CONGO	0,06											0,06		0,06
COMOROS	– 0,07											– 0,07		– 0,07
CAPE VERDE
DJIBOUTI
EQUATORIAL GUINEA
ERITREA	0,14											0,14		0,14
ETHIOPIA	11,97				3,28						3,28	15,25		15,25
GABON
GHANA	0,26											0,26		0,26
GAMBIA								0,02			0,02	0,02		0,02
GUINEA-BISSAU	0,01											0,01		0,01
GUINEA							3,02				3,02	3,02		3,02
CÔTE D'IVOIRE
KENYA	– 0,47							0,08			0,08	– 0,39		– 0,39
LIBERIA
LESOTHO
MADAGASCAR
MALAWI	0,16											0,16		0,16
MAURITIUS	– 0,00											– 0,00		– 0,00
MAURITANIA	0,05											0,05		0,05
MALI	0,12						3,31				3,31	3,43		3,43
MOZAMBIQUE	0,52		– 0,00								– 0,00	0,52		0,52
NAMIBIA	0,00											0,00		0,00
NIGER							0,10				0,10	0,10		0,10
RWANDA	0,37											0,37		0,37
SENEGAL	0,03											0,03		0,03
SEYCHELLES
SIERRA LEONE	0,53											0,53		0,53
SOMALIA
SAO TOME & PRINCIPE	– 0,00											– 0,00		– 0,00
SUDAN
SWAZILAND	0,10											0,10		0,10
TANZANIA	– 0,05							– 0,01			– 0,01	– 0,06		– 0,06
TOGO	3,56							0,29			0,29	3,86		3,86
UGANDA	0,49											0,49		0,49
NIGERIA	18,60											18,60		18,60
ZAMBIA
ZIMBABWE	– 0,05							– 0,01			– 0,01	– 0,06		– 0,06
DEMOCRATIC REPUBLIC CONGO	15,91											15,91		15,91
* TOTAL AFRICA	55,19		– 0,00		3,28	8,23	6,43	0,38			18,32	73,51		73,51
ANTIGUA-BARBUDA
BARBADOS
BELIZE
BAHAMAS
DOMINICAN REPUBLIC	– 0,26											– 0,26		– 0,26
DOMINICA	0,08											0,08		0,08
GRENADA
GUYANA (STATE)	– 0,08											– 0,08		– 0,08
HAITI
JAMAICA	0,04				1,00		13,02	0,01			14,03	14,08		14,08
ST KITTS & NEVIS
SAINT LUCIA
SURINAME	– 0,01											– 0,01		– 0,01
SAINT VINCENT & GRENADINES
TRINIDAD & TOBAGO					1,00						1,00	1,00		1,00
* TOTAL CARIBBEAN	– 0,23				2,00		13,02	0,01			15,03	14,81		14,81
FIJI
KIRIBATI
PAPUA-NEW GUINEA
SOLOMON ISLANDS	– 0,00											– 0,00		– 0,00
TONGA	– 0,02											– 0,02		– 0,02
TUVALU
VANUATU
SAMOA
* TOTAL PACIFIC	– 0,02											– 0,02		– 0,02
INTRA ACP BUDGET
ACP REGIONAL COOPERATION	7,86	– 0,49									– 0,49	7,37		7,37
* TOTAL ACP REGIONAL COOPERATION	7,86	– 0,49									– 0,49	7,37		7,37
ALL ACP COUNTRIES
ADMINISTRATIVE & FINANCIAL COSTS
* TOTAL ACP	62,80	– 0,49	– 0,00		5,28	8,23	19,45	0,39			32,86	95,66		95,66
MAYOTTE
NEW CALEDONIA							0,76				0,76	0,76		0,76
FRENCH POLYNESIA
SAINT PIERRE & MIQUELON
FRENCH SOUTHERN TERRITORIES
WALLIS & FUTUNA
NAT. AID PROGR. RESERVE OCT F
* TOTAL FRENCH OCT							0,76				0,76	0,76		0,76
ARUBA
DUTCH ANTILLES	0,24											0,24		0,24
* TOTAL DUTCH OCT	0,24											0,24		0,24
ANGUILLA
CAYMANS
FALKLANDS
MONTSERRAT
SAINT HELENA
TURKS & CAICOS
BRITISH VIRGIN ISLANDS
* TOTAL BRITISH OCT
OCT REGIONAL COOPERATION
* OCT REGIONAL COOPERATION
ALL OCT
* TOTAL OCT	0,24						0,76				0,76	1,00		1,00
* TOTAL ACP + OCT	63,04	– 0,49	– 0,00		5,28	8,23	20,21	0,39			33,62	96,66		96,66

Table 3.2.1

8th EDF

Cumulative 2007

GLOBAL SITUATION BY STATE

(EUR million)
	Lome									Cotonou	Total
	NIP	National indicative programmes				Other aid				Cotonou	Total
	NIP	Decisions	As % of NIP	Payments	As % of NIP	Decisions	As % of NIP	Payments	As % of NIP	Decisions	Decisions	Assigned funds	Payments
ANGOLA	83,99	83,99	100 %	58,64	70 %	27,55	33 %	25,99	31 %		111,54	98,38	84,63
BENIN	113,80	113,80	100 %	111,21	98 %	59,54	52 %	59,49	52 %		173,33	171,45	170,70
BURKINA FASO	174,32	174,32	100 %	160,62	92 %	103,26	59 %	102,40	59 %	117,96	395,54	391,38	373,64
BOTSWANA	34,94	34,94	100 %	29,32	84 %	2,21	6 %	0,96	3 %	33,88	71,03	68,59	49,31
BURUNDI	13,06	13,06	100 %	13,06	100 %	53,84	412 %	50,60	388 %		66,90	66,31	63,65
CENTRAL AFRICAN REPUBLIC	56,76	56,76	100 %	53,46	94 %	29,61	52 %	29,61	52 %		86,37	84,68	83,07
CHAD	149,20	149,20	100 %	134,64	90 %	74,17	50 %	67,41	45 %		223,36	221,58	202,06
CAMEROON	103,54	103,54	100 %	97,50	94 %	134,14	130 %	124,71	120 %		237,68	235,07	222,21
CONGO	11,82	11,82	100 %	6,18	52 %	3,63	31 %	3,63	31 %		15,45	11,77	9,81
COMOROS	10,94	10,68	98 %	10,49	96 %	5,66	52 %	5,60	51 %		16,34	16,20	16,09
CAPE VERDE	30,18	30,18	100 %	25,73	85 %	26,63	88 %	25,99	86 %		56,82	54,82	51,73
DJIBOUTI	17,96	17,96	100 %	15,75	88 %	11,00	61 %	10,68	59 %		28,96	27,90	26,43
EQUATORIAL GUINEA	3,63	3,63	100 %	2,86	79 %	0,79	22 %	0,79	22 %		4,42	4,37	3,65
ERITREA	2,25	2,25	100 %	2,25	100 %	18,59	826 %	17,38	772 %		20,84	20,31	19,63
ETHIOPIA	149,42	149,42	100 %	115,46	77 %	192,39	129 %	164,88	110 %	0,04	341,85	339,26	280,39
GABON	37,39	37,39	100 %	37,17	99 %	39,91	107 %	39,91	107 %	35,00	112,30	107,16	88,98
GHANA	124,82	124,82	100 %	117,21	94 %	95,64	77 %	95,62	77 %	40,00	260,47	252,61	232,47
GAMBIA	19,22	19,22	100 %	16,10	84 %	13,52	70 %	12,40	65 %		32,73	30,94	28,50
GUINEA-BISSAU	42,44	42,44	100 %	33,37	79 %	4,44	10 %	4,08	10 %	35,00	81,88	77,22	64,86
GUINEA	110,80	110,80	100 %	83,40	75 %	21,36	19 %	21,36	19 %		132,16	121,56	104,76
CÔTE D'IVOIRE	58,05	58,05	100 %	28,83	50 %	104,46	180 %	102,89	177 %		162,52	155,88	131,72
KENYA	72,54	72,54	100 %	59,38	82 %	116,23	160 %	116,23	160 %		188,77	185,91	175,61
LIBERIA						22,04		19,25			22,04	21,32	19,25
LESOTHO	51,00	51,00	100 %	47,56	93 %	15,88	31 %	15,87	31 %		66,88	66,57	63,43
MADAGASCAR	162,29	162,29	100 %	157,87	97 %	113,02	70 %	112,34	69 %	55,00	330,31	329,52	325,21
MALAWI	189,21	189,21	100 %	172,95	91 %	73,41	39 %	72,43	38 %	35,00	297,62	291,74	264,80
MAURITIUS	30,07	30,07	100 %	30,07	100 %	14,22	47 %	3,34	11 %		44,29	44,29	33,41
MAURITANIA	59,95	59,95	100 %	56,49	94 %	75,21	125 %	74,79	125 %	45,00	180,17	134,90	131,79
MALI	203,07	203,07	100 %	191,21	94 %	89,77	44 %	89,77	44 %		292,84	289,10	280,97
MOZAMBIQUE	176,68	176,68	100 %	153,25	87 %	221,76	126 %	221,18	125 %	142,03	540,47	534,31	516,46
NAMIBIA	50,63	50,63	100 %	48,68	96 %	22,89	45 %	22,89	45 %		73,52	72,93	71,57
NIGER	115,61	115,61	100 %	104,35	90 %	39,86	34 %	39,86	34 %	55,57	211,04	195,78	177,17
RWANDA	95,00	95,00	100 %	93,02	98 %	81,13	85 %	74,99	79 %		176,13	174,77	168,01
SENEGAL	103,00	103,00	100 %	95,36	93 %	142,58	138 %	125,00	121 %		245,59	241,25	220,36
SEYCHELLES	5,48	5,48	100 %	5,46	100 %	1,77	32 %	1,77	32 %		7,25	7,23	7,23
SIERRA LEONE	64,60	64,60	100 %	53,94	83 %	35,78	55 %	35,71	55 %		100,39	93,09	89,65
SOMALIA	50,00	50,00	100 %	43,25	86 %		0 %		0 %		50,00	48,81	43,25
SAO TOME & PRINCIPE	9,09	9,09	100 %	8,47	93 %	3,71	41 %	3,71	41 %		12,80	12,78	12,18
SUDAN						122,00		75,73			122,00	111,96	75,73
SWAZILAND	23,48	23,48	100 %	21,33	91 %	36,99	158 %	23,66	101 %	4,00	64,47	64,35	46,45
TANZANIA	203,67	203,67	100 %	185,37	91 %	277,22	136 %	268,06	132 %		480,89	476,48	453,43
TOGO						9,71		1,24			9,71	1,24	1,24
UGANDA	197,47	197,47	100 %	156,81	79 %	223,57	113 %	223,28	113 %		421,04	416,12	380,09
NIGERIA						5,00		5,00			5,00	5,00	5,00
ZAMBIA	137,97	137,97	100 %	128,23	93 %	293,66	213 %	287,72	209 %		431,63	425,86	415,95
ZIMBABWE	87,29	87,29	100 %	86,94	100 %	18,54	21 %	15,52	18 %		105,84	105,31	102,46
DEMOCRATIC REPUBLIC CONGO	20,96	20,96	100 %	19,35	92 %	29,20	139 %	27,61	132 %		50,16	48,50	46,96
* TOTAL AFRICA	3 457,60	3 457,34	100 %	3 072,57	89 %	3 107,50	90 %	2 923,35	85 %	598,48	7 163,32	6 956,54	6 435,92
ANTIGUA-BARBUDA	0,65	0,65	100 %	0,50	76 %		0 %		0 %		0,65	0,62	0,50
BARBADOS	4,46	4,46	100 %	3,18	71 %	4,26	95 %	2,71	61 %		8,72	8,40	5,90
BELIZE	10,51	10,51	100 %	10,36	99 %	8,70	83 %	6,54	62 %	0,13	19,34	19,19	17,03
BAHAMAS	2,20	2,20	100 %	2,20	100 %		0 %		0 %		2,20	2,20	2,20
DOMINICAN REPUBLIC	98,91	98,91	100 %	86,92	88 %	40,35	41 %	32,38	33 %		139,26	138,35	119,30
DOMINICA	6,21	6,47	104 %	6,24	101 %	31,95	515 %	31,87	514 %		38,42	38,16	38,11
GRENADA	0,57	0,57	100 %	0,49	86 %	2,87	502 %	2,52	441 %		3,45	3,41	3,02
GUYANA (STATE)	31,26	31,26	100 %	19,84	63 %	25,09	80 %	18,93	61 %		56,35	52,57	38,77
HAITI	64,25	64,25	100 %	60,51	94 %	24,80	39 %	14,80	23 %		89,05	88,54	75,31
JAMAICA	54,01	54,01	100 %	42,68	79 %	90,87	168 %	83,79	155 %	27,74	172,62	167,77	153,35
ST CHRISTOPHE (KITTS) & NEVIS	2,72	2,72	100 %	2,72	100 %	4,00	147 %	4,00	147 %		6,72	6,72	6,72
SAINT LUCIA	1,36	1,36	100 %	1,26	93 %	52,85	3897 %	34,36	2534 %		54,21	52,92	35,63
SURINAME	20,50	20,50	100 %	9,11	44 %	0,20	1 %	0,20	1 %		20,69	19,88	9,31
SAINT VINCENT & GRENADINES	2,28	2,28	100 %	1,62	71 %	32,81	1436 %	28,58	1251 %		35,10	34,37	30,20
TRINIDAD & TOBAGO	9,44	9,44	100 %	6,25	66 %	7,78	82 %	4,78	51 %		17,22	14,86	11,03
* TOTAL CARIBBEAN	309,33	309,59	100 %	253,89	82 %	326,53	106 %	265,46	86 %	27,87	663,99	647,98	546,36
FIJI	16,94	16,94	100 %	16,91	100 %	2,41	14 %	2,41	14 %		19,36	19,35	19,32
KIRIBATI	9,35	9,35	100 %	9,12	98 %	0,78	8 %	0,78	8 %		10,13	10,04	9,90
PAPUA-NEW GUINEA	43,85	43,85	100 %	38,69	88 %	11,13	25 %	10,43	24 %	50,00	104,99	99,14	69,79
SOLOMON ISLANDS	14,22	14,22	100 %	13,52	95 %	76,82	540 %	76,82	540 %		91,05	90,72	90,34
TONGA	5,03	5,03	100 %	5,03	100 %	0,47	9 %	0,38	8 %		5,50	5,49	5,41
TUVALU	1,90	1,90	100 %	1,90	100 %	0,50	26 %	0,35	19 %		2,40	2,40	2,25
VANUATU	10,23	10,23	100 %	10,23	100 %	5,54	54 %	5,54	54 %	5,27	21,04	21,04	20,96
SAMOA	14,07	14,07	100 %	14,07	100 %	5,03	36 %	5,03	36 %	3,52	22,62	22,62	22,54
* TOTAL PACIFIC	115,60	115,60	8,00	109,47	7,81	102,70	7,14	101,75	7,02	58,79	277,09	270,80	240,52
WESTERN AFRICA REGION	211,35	211,35	100 %	176,64	84 %	59,57	28 %	59,57	28 %		270,92	260,51	236,22
CENTRAL AFRICA REGION	77,46	77,46	100 %	75,26	97 %	5,30	7 %	5,00	6 %		82,76	81,54	80,26
EASTERN AFRICA REGION	165,38	165,38	100 %	119,64	72 %		0 %		0 %		165,38	140,01	119,64
SOUTHERN AFRICA REGION	66,98	66,98	100 %	54,30	81 %	16,40	24 %	16,40	24 %		83,38	80,17	70,70
INDIAN OCEAN REGION	13,42	13,42	100 %	10,72	80 %	10,94	82 %	6,91	51 %		24,36	22,98	17,63
CARIBBEAN REGION	45,14	45,14	100 %	39,16	87 %	24,68	55 %	14,79	33 %		69,82	68,47	53,94
PACIFIC REGION	33,97	33,97	100 %	30,90	91 %		0 %		0 %		33,97	33,76	30,90
MULTI-REGIONAL (PALOP)	10,83	10,83	100 %	9,73	90 %		0 %		0 %		10,83	10,83	9,73
INTRA ACP BUDGET	749,80	749,80	100 %	545,80	73 %		0 %		0 %		749,80	672,32	545,80
* TOTAL ACP REGIONAL COOPERATION	1 374,31	1 374,31	100 %	1 062,15	77 %	116,90	9 %	102,67	7 %		1 491,21	1 370,60	1 164,82
ALL ACP COUNTRIES	0,00					1 155,30		1 140,59			1 155,30	1 155,30	1 140,59
ADMINISTRATIVE & FINANCIAL COSTS	0,00										37,38	35,54	33,20
* TOTAL ACP	5 256,84	5 256,84	100 %	4 498,08	86 %	4 808,92	91 %	4 533,82	86 %	685,15	10 788,30	10 436,77	9 561,39
MAYOTTE	0,89	0,89	100 %	0,86	97 %	1,18	133 %	1,18	133 %		2,07	2,05	2,05
NEW CALEDONIA	7,49	7,49	100 %	7,45	99 %	2,83	38 %	2,24	30 %		10,31	10,25	9,69
FRENCH POLYNESIA	10,10	10,10	100 %	10,10	100 %	3,29	33 %	3,29	33 %		13,39	13,39	13,39
SAINT PIERRE & MIQUELON	3,47	3,47	100 %	3,47	100 %		0 %		0 %		3,47	3,47	3,47
WALLIS & FUTUNA	1,47	1,47	100 %	1,43	97 %		0 %		0 %		1,47	1,43	1,43
* TOTAL FRENCH OCT	23,41	23,41	100 %	23,31	100 %	7,30	31 %	6,72	29 %		30,72	30,60	30,03
ARUBA	0,40	0,40	100 %	0,40	100 %	0,50	125 %		0 %		0,90	0,90	0,40
DUTCH ANTILLES	5,21	5,21	100 %	3,19	61 %		0 %		0 %		5,21	4,50	3,19
* TOTAL DUTCH OCT	5,61	5,61	100 %	3,59	64 %	0,50	9 %				6,11	5,40	3,59
ANGUILLA	0,80	0,80	100 %	0,80	100 %		0 %		0 %		0,80	0,80	0,80
MONTSERRAT	1,70	1,70	100 %	1,58	93 %		0 %		0 %		1,70	1,65	1,58
SAINT HELENA	0,06	0,06	100 %	0,06	100 %		0 %		0 %		0,06	0,06	0,06
TURKS & CAICOS						3,00		3,00			3,00	3,00	3,00
BRITISH VIRGIN ISLANDS						0,51		0,51			0,51	0,51	0,51
* TOTAL BRITISH OCT	2,56	2,56	100 %	2,44	95 %	3,51	137 %	3,51	137 %		6,08	6,02	5,96
OCT F REGIONAL COOPERATION	5,42	5,42	1,00	4,03	74 %		0 %		0 %		5,42	5,37	4,03
OCT N REGIONAL COOPERATION	1,00	1,00	1,00	0,46	45 %		0 %		0 %		1,00	0,46	0,46
PTU REGIONAL COOPERATION	1,64	1,64	1,00		0 %		0 %		0 %		1,64
* OCT REGIONAL COOPERATION	8,06	8,06	100 %	4,48	56 %						8,06	5,83	4,48
* TOTAL OCT	39,65	39,65	4,00	33,82	3,14	11,31	1,77	10,23	1,66		50,96	47,85	44,05
* TOTAL ACP + OCT	5 296,49	5 296,49	100 %	4 531,90	86 %	4 820,24	91 %	4 544,05	86 %	685,15	10 839,26	10 484,62	9 605,45

Table 3.2.2

8th EDF

Annual 2007

GLOBAL SITUATION BY STATE

(EUR million)
	Lome									Cotonou	Total
	NIP	National indicative programmes				Other aid				Cotonou	Total
	NIP	Decisions	As % of NIP	Payments	As % of NIP	Decisions	As % of NIP	Payments	As % of NIP	Decisions	Decisions	Assigned funds	Payments
ANGOLA	83,99	– 0,08	0 %	4,90	6 %	– 0,00	0 %	– 0,00	0 %		– 0,08	4,42	4,90
BENIN	113,80	– 4,22	– 4 %	5,13	5 %	0,00	0 %		0 %		– 4,22	– 2,08	5,13
BURKINA FASO	174,32	– 4,04	– 2 %	8,17	5 %	0,01	0 %	0,78	0 %		– 4,02	7,05	11,08
BOTSWANA	34,94	– 1,80	– 5 %	9,29	27 %		0 %	0,85	2 %		– 1,80	15,25	13,11
BURUNDI	13,06	– 0,02	0 %		0 %	0,66	5 %	18,76	144 %		0,64	1,78	18,76
CENTRAL AFRICAN REPUBLIC	56,76	– 0,00	0 %	1,59	3 %	– 0,00	0 %	– 0,00	0 %		– 0,00	– 0,08	1,58
CHAD	149,20	– 0,48	0 %	5,34	4 %	– 1,15	– 1 %	0,01	0 %		– 1,64	3,84	5,35
CAMEROON	103,54	– 0,33	0 %	2,14	2 %	– 0,33	0 %	5,52	5 %		– 0,66	0,21	7,66
CONGO	11,82	– 10,06	– 85 %	0,50	4 %	– 0,71	– 6 %		0 %		– 10,76	1,17	0,50
COMOROS	10,94	– 0,31	– 3 %	0,18	2 %	0,00	0 %		0 %		– 0,31	– 0,37	0,18
CAPE VERDE	30,18	– 0,36	– 1 %	3,44	11 %	– 0,23	– 1 %		0 %		– 0,59	2,23	3,44
DJIBOUTI	17,96	– 1,47	– 8 %	2,26	13 %		0 %		0 %		– 1,47	1,63	2,26
EQUATORIAL GUINEA	3,63	– 0,53	– 15 %	0,15	4 %		0 %		0 %		– 0,53	– 0,01	0,15
ERITREA	2,25		0 %		0 %		0 %	– 0,44	– 20 %			– 0,44	– 0,44
ETHIOPIA	149,42	– 0,68	0 %	9,91	7 %	– 5,81	– 4 %	1,00	1 %		– 6,48	0,58	10,91
GABON	37,39	– 0,07	0 %	0,90	2 %	– 1,00	– 3 %	– 0,00	0 %		– 1,06	5,65	5,06
GHANA	124,82	– 0,81	– 1 %	11,18	9 %	– 0,20	0 %	0,02	0 %		– 1,01	1,23	18,47
GAMBIA	19,22	– 2,81	– 15 %	0,06	0 %	– 4,34	– 23 %		0 %		– 7,15	– 1,68	0,06
GUINEA– BISSAU	42,44	– 4,70	– 11 %	5,22	12 %	0,01	0 %		0 %		– 4,68	1,20	15,91
GUINEA	110,80	– 9,04	– 8 %	8,91	8 %	– 12,00	– 11 %		0 %		– 21,04	– 10,96	8,91
CÔTE D'IVOIRE	58,05	– 1,08	– 2 %	10,39	18 %	0,40	1 %	14,73	25 %		– 0,68	12,27	25,11
KENYA	72,54	– 0,89	– 1 %	7,45	10 %	– 0,13	0 %	– 0,13	0 %		– 1,02	4,30	7,32
LIBERIA		0,00				– 2,96		0,37			– 2,96	– 0,86	0,37
LESOTHO	51,00	– 2,72	– 5 %	1,07	2 %	– 2,22	– 4 %		0 %		– 4,93	– 0,49	1,07
MADAGASCAR	162,29		0 %	6,40	4 %	0,03	0 %	1,73	1 %		0,03	2,69	8,13
MALAWI	189,21	– 2,78	– 1 %	3,25	2 %	– 0,27	0 %	– 0,00	0 %		– 3,05	10,02	8,43
MAURITIUS	30,07	– 0,26	– 1 %	0,03	0 %		0 %		0 %		– 0,26	– 0,24	0,03
MAURITANIA	59,95	– 2,69	– 4 %	2,63	4 %	0,71	1 %	18,56	31 %		– 1,99	1,93	21,71
MALI	203,07	– 0,23	0 %	10,19	5 %		0 %	—	0 %		– 0,23	1,66	10,19
MOZAMBIQUE	176,68	– 12,89	– 7 %	6,43	4 %	– 0,85	0 %	35,00	20 %		– 13,74	3,73	41,43
NAMIBIA	50,63	– 0,00	0 %	0,76	1 %		0 %		0 %		– 0,00	0,11	0,76
NIGER	115,61	– 4,27	– 4 %	8,08	7 %		0 %		0 %		– 4,27	6,31	11,23
RWANDA	95,00	– 1,97	– 2 %	5,90	6 %	0,24	0 %		0 %		– 1,73	2,14	5,90
SENEGAL	103,00	– 4,95	– 5 %	5,09	5 %	– 4,05	– 4 %	0,05	0 %		– 9,00	– 8,04	5,15
SEYCHELLES	5,48	– 0,09	– 2 %	0,42	8 %		0 %		0 %		– 0,09	– 0,08	0,42
SIERRA LEONE	64,60	– 1,34	– 2 %	5,45	8 %	0,12	0 %	3,19	5 %		– 1,22	– 2,59	8,64
SOMALIA	50,00		0 %	3,00	6 %		0 %		0 %			– 1,17	3,00
SAO TOME & PRINCIPE	9,09	– 2,40	– 26 %	0,10	1 %	– 0,26	– 3 %		0 %		– 2,66	– 0,51	0,10
SUDAN						1,91		7,83			1,91		7,83
SWAZILAND	23,48	– 1,05	– 4 %	1,46	6 %		0 %	0,62	3 %		– 1,05	0,52	2,39
TANZANIA	203,67		0 %	22,70	11 %	0,23	0 %	15,73	8 %		0,23	0,63	38,43
TOGO						– 3,69					– 3,69		0,00
UGANDA	197,47	– 2,26	– 1 %	18,10	9 %	– 1,64	– 1 %	9,78	5 %		– 3,90	7,12	27,88
NIGERIA													0,00
ZAMBIA	137,97	– 2,16	– 2 %	5,48	4 %	– 1,22	– 1 %	1,65	1 %		– 3,38	– 1,60	7,13
ZIMBABWE	87,29	– 3,74	– 4 %	– 0,42	0 %	0,12	0 %		0 %		– 3,63	– 3,39	– 0,42
DEMOCRATIC REPUBLIC CONGO	20,96	– 0,88	– 4 %	0,33	2 %	– 1,69	– 8 %	0,37	2 %		– 2,58	– 2,96	0,70
* TOTAL AFRICA	3 457,60	– 90,45	– 3 %	203,53	6 %	– 40,32	– 1 %	135,98	4 %		– 130,77	62,12	375,89
ANTIGUA– BARBUDA	0,65		0 %	0,06	9 %		0 %		0 %				0,06
BARBADOS	4,46	– 0,42	– 9 %	1,54	34 %		0 %		0 %		– 0,42	– 0,00	1,54
BELIZE	10,51	– 0,06	– 1 %	– 0,02	0 %		0 %		0 %		– 0,06	– 0,14	– 0,02
BAHAMAS	2,20		0 %		0 %		0 %		0 %				0,00
DOMINICAN REPUBLIC	98,91	– 2,83	– 3 %	10,12	10 %		0 %	– 0,02	0 %		– 2,83	3,02	10,09
DOMINICA	6,21	– 0,05	– 1 %	1,88	30 %	0,00	0 %	0,19	3 %		– 0,04	– 0,16	2,07
GRENADA	0,57	– 1,02	– 178 %	0,00	0 %	0,01	2 %		0 %		– 1,00	– 0,08	0,00
GUYANA (STATE)	31,26		0 %	5,10	16 %	– 20,00	– 64 %	1,07	3 %		– 20,00	– 16,05	6,17
HAITI	64,25	– 6,62	– 10 %	12,30	19 %		0 %		0 %		– 6,62	– 5,67	12,30
JAMAICA	54,01	– 1,34	– 2 %	1,15	2 %	0,02	0 %	4,14	8 %	– 2,26	– 3,58	– 1,47	6,59
ST CHRISTOPHE (KITTS) & NEVIS	2,72		0 %		0 %		0 %		0 %				0,00
SAINT LUCIA	1,36		0 %		0 %	0,56	41 %		0 %		0,56		0,00
SURINAME	20,50	– 1,46	– 7 %	1,29	6 %		0 %		0 %		– 1,46	– 0,94	1,29
SAINT VINCENT & GRENADINES	2,28		0 %	0,03	1 %	0,16	7 %		0 %		0,16		0,03
TRINIDAD & TOBAGO	9,44	– 0,32	– 3 %	1,37	14 %		0 %	1,00	11 %		– 0,32	– 0,21	2,37
* TOTAL CARIBBEAN	309,33	– 14,12	– 5 %	34,82	11 %	– 19,23	– 6 %	6,37	2 %	– 2,26	– 35,61	– 21,71	42,50
FIJI	16,94	– 0,36	– 2 %	0,13	1 %		0 %		0 %		– 0,36	0,09	0,13
KIRIBATI	9,35	– 2,41	– 26 %	0,32	3 %		0 %		0 %		– 2,41	0,10	0,32
PAPUA– NEW GUINEA	43,85	– 2,83	– 6 %	2,15	5 %	0,00	0 %		0 %		– 2,83	2,26	13,60
SOLOMON ISLANDS	14,22	– 0,26	– 2 %	0,01	0 %	0,00	0 %	0,08	1 %		– 0,25	– 0,37	0,09
TONGA	5,03	– 0,54	– 11 %		0 %	0,00	0 %		0 %		– 0,53	– 0,54	0,00
TUVALU	1,90		0 %		0 %		0 %		0 %				0,00
VANUATU	10,23		0 %		0 %		0 %		0 %	– 0,00	– 0,00	0,25	0,63
SAMOA	14,07		0 %		0 %		0 %		0 %	– 0,76	– 0,76	– 0,64	0,30
* TOTAL PACIFIC	115,60	– 6,39	– 6 %	2,61	2 %	0,01	0 %	0,08	0 %	– 0,76	– 7,14	1,16	15,07
WESTERN AFRICA REGION	211,35	– 3,35	– 2 %	6,07	3 %		0 %		0 %		– 3,35	0,26	6,07
CENTRAL AFRICA REGION	77,46	– 0,25	0 %	2,09	3 %		0 %	1,25	2 %		– 0,25	0,47	3,34
EASTERN AFRICA REGION	165,38	– 1,01	– 1 %	13,31	8 %		0 %		0 %		– 1,01	– 3,53	13,31
SOUTHERN AFRICA REGION	66,98	– 5,50	– 8 %	3,21	5 %		0 %		0 %		– 5,50	– 3,71	3,21
INDIAN OCEAN REGION	13,42	– 0,42	– 3 %	0,86	6 %		0 %	0,35	3 %		– 0,42	– 1,29	1,21
CARIBBEAN REGION	45,14	– 0,71	– 2 %	2,24	5 %	– 1,62	– 4 %	1,44	3 %		– 2,33	– 0,63	3,68
PACIFIC REGION	33,97	– 0,65	– 2 %	3,09	9 %		0 %		0 %		– 0,65	– 0,61	3,09
MULTI– REGIONAL (PALOP)	10,83	– 1,09	– 10 %	1,20	11 %		0 %		0 %		– 1,09	1,24	1,20
INTRA ACP BUDGET	749,80	– 10,83	– 1 %	23,70	3 %		0 %		0 %		– 10,83	8,17	23,70
* TOTAL ACP REGIONAL COOPERATION	1 374,31	– 23,81	– 2 %	55,77	4 %	– 1,62		3,04	0 %		– 25,42	0,37	58,81
ALL ACP COUNTRIES						– 7,82		– 11,69			– 7,82	– 7,82	– 11,69
ADMINISTRATIVE & FINANCIAL COSTS	0,00											0,51	0,75
* TOTAL ACP	5 256,84	– 134,77	– 3 %	296,73	6 %	– 68,99	– 1 %	133,78	3 %	– 3,02	– 206,77	34,62	481,32
MAYOTTE	0,89		0 %	0,03	3 %		0 %		0 %		—	– 0,00	0,03
NEW CALEDONIA	7,49	– 2,71	– 36 %	0,01	0 %		0 %	0,43	6 %		– 2,71	– 0,55	0,44
FRENCH POLYNESIA	10,10	– 0,07	– 1 %	– 0,04	0 %		0 %		0 %		– 0,07	– 0,04	– 0,04
SAINT PIERRE & MIQUELON	3,47		0 %		0 %		0 %		0 %				0,00
WALLIS & FUTUNA	1,47		0 %	– 0,00	0 %		0 %		0 %				0,00
* TOTAL FRENCH OCT	23,41	– 2,78	– 12 %	– 0,01	0 %	0,00	0 %	0,43	2 %		– 2,78	– 0,60	0,42
ARUBA	0,40		0 %		0 %		0 %		0 %				0,00
DUTCH ANTILLES	5,21	– 0,17	– 3 %	0,97	19 %		0 %		0 %		– 0,17	1,10	0,97
* TOTAL DUTCH OCT	5,61	– 0,17	– 3 %	0,97	17 %						– 0,17	1,10	0,97
ANGUILLA	0,80	– 0,95	– 120 %		0 %		0 %		0 %		– 0,95		0,00
MONTSERRAT	1,70	– 0,35	– 21 %	0,33	20 %		0 %		0 %		– 0,35	– 0,09	0,33
SAINT HELENA	0,06		0 %		0 %		0 %		0 %				0,00
TURKS & CAICOS													0,00
BRITISH VIRGIN ISLANDS													0,00
* TOTAL BRITISH OCT	2,56	– 1,31	– 51 %	0,33	13 %						– 1,31	– 0,09	0,33
OCT F REGIONAL COOPERATION	5,42		0,00	0,37	7 %		0 %		0 %			– 0,00	0,37
OCT N REGIONAL COOPERATION	1,00		0,00		0 %		0 %		0 %				0,00
PTU REGIONAL COOPERATION	1,64		0,00		0 %		0 %		0 %				0,00
* OCT REGIONAL COOPERATION	8,06	0,00	0 %	0,37	5 %							0,00	0,37
* TOTAL OCT	39,65	– 4,26	– 0,66	1,66	0,35	0,00		0,43	0,02		– 4,26	0,40	2,09
* TOTAL ACP + OCT	5 296,49	– 139,03	– 3 %	298,39	6 %	– 68,99	– 1 %	134,21	3 %	– 3,02	– 211,03	35,03	483,42

Table 3.2.3

8th EDF

Decisions cumulative 2007

SITUATION BY INSTRUMENT AND STATE

(EUR million)
	Lome												Cotonou			Total State
	NIP	Non NIP									Interests	Total	Envelope A	Envelope B	Total
	Grants	Interest subsidies	Emergency aid	Refugee aid	Risk capital	Stabex	Sysmin	SAF	Heavily indebted poor countries	Total non NIP	Interests	Total	Envelope A	Envelope B	Total
ANGOLA	83,99		11,25	16,30						27,55		111,54				111,54
BENIN	113,80				5,76	1,02		52,76		59,54		173,33				173,33
BURKINA FASO	174,32		0,10		14,00	1,56		87,60		103,26		277,58	117,96		117,96	395,54
BOTSWANA	34,94	2,10					0,11			2,21		37,15	3,88	30,00	33,88	71,03
BURUNDI	13,06			25,00		19,59		9,25		53,84		66,90				66,90
CENTRAL AFRICAN REPUBLIC	56,76		0,40			6,31		22,90		29,61		86,37				86,37
CHAD	149,20		0,89		22,30			50,98		74,17		223,36				223,36
CAMEROON	103,54				72,68	17,41		44,05		134,14		237,68				237,68
CONGO	11,82			3,63						3,63		15,45				15,45
COMOROS	10,94		0,71			4,95				5,66		16,34				16,34
CAPE VERDE	30,18	2,58			4,77	0,66		18,62		26,63		56,82				56,82
DJIBOUTI	17,96			2,00				9,00		11,00		28,96				28,96
EQUATORIAL GUINEA	3,63					0,79				0,79		4,42				4,42
ERITREA	2,25		9,61	8,98						18,59		20,84				20,84
ETHIOPIA	149,42		1,79	6,67	66,00	5,33		112,60		192,39		341,81	0,04		0,04	341,85
GABON	37,39				32,85		0,45	6,60		39,91		77,30		35,00	35,00	112,30
GHANA	124,82				17,05			78,59		95,64		220,47		40,00	40,00	260,47
GAMBIA	19,22					4,44		9,07		13,52		32,73				32,73
GUINEA-BISSAU	42,44		2,68			0,36		1,41		4,44		46,88	35,00		35,00	81,88
GUINEA	110,80							21,36		21,36		132,16				132,16
CÔTE D'IVOIRE	58,05	0,33				82,44		21,70		104,46		162,52				162,52
KENYA	72,54	8,09	4,23		35,86	51,05		17,00		116,23		188,77				188,77
LIBERIA				22,04						22,04		22,04				22,04
LESOTHO	51,00	1,10						14,78		15,88		66,88				66,88
MADAGASCAR	162,29		1,71		45,81	20,78		44,73		113,02		275,31	55,00		55,00	330,31
MALAWI	189,21		1,39		10,71	11,51		49,80		73,41		262,62	35,00		35,00	297,62
MAURITIUS	30,07	12,23			1,99					14,22		44,29				44,29
MAURITANIA	59,95	3,92		0,22	25,02	18,98	0,15	26,92		75,21		135,17		45,00	45,00	180,17
MALI	203,07		4,66		5,70			79,41		89,77		292,84				292,84
MOZAMBIQUE	176,68	5,24			85,31			131,21		221,76		398,44	142,03		142,03	540,47
NAMIBIA	50,63	17,36		1,11	4,23		0,20			22,89		73,52				73,52
NIGER	115,61		0,28				0,14	39,44		39,86		155,47	0,99	54,58	55,57	211,04
RWANDA	95,00					25,73		55,40		81,13		176,13				176,13
SENEGAL	103,00	4,12			45,94	39,37	0,46	52,68		142,58		245,59				245,59
SEYCHELLES	5,48				1,77					1,77		7,25				7,25
SIERRA LEONE	64,60					5,38		30,40		35,78		100,39				100,39
SOMALIA	50,00											50,00				50,00
SAO TOME & PRINCIPE	9,09							3,71		3,71		12,80				12,80
SUDAN			19,22			102,78				122,00		122,00				122,00
SWAZILAND	23,48	8,43			28,56					36,99		60,47	4,00		4,00	64,47
TANZANIA	203,67			3,50	102,14	34,68		136,89		277,22		480,89				480,89
TOGO						9,71				9,71		9,71				9,71
UGANDA	197,47		1,61		92,03	35,57		94,36		223,57		421,04				421,04
NIGERIA					5,00					5,00		5,00				5,00
ZAMBIA	137,97		3,64		102,56		96,76	90,70		293,66		431,63				431,63
ZIMBABWE	87,29				3,25	15,17	0,13			18,54		105,84				105,84
DEMOCRATIC REPUBLIC CONGO	20,96		1,91	21,79				5,50		29,20		50,16				50,16
* TOTAL AFRICA	3 457,60	65,50	66,09	111,24	831,29	515,57	98,39	1 419,42	0,00	3 107,50		6 564,84	393,91	204,58	598,48	7 163,32
ANTIGUA-BARBUDA	0,65											0,65				0,65
BARBADOS	4,46	4,26								4,26		8,72				8,72
BELIZE	10,51				8,70					8,70		19,21	0,13		0,13	19,34
BAHAMAS	2,20											2,20				2,20
DOMINICAN REPUBLIC	98,91	8,85	0,17		30,98		0,34			40,35		139,26				139,26
DOMINICA	6,21				2,78	29,18				31,95		38,42				38,42
GRENADA	0,57					2,87				2,87		3,45				3,45
GUYANA (STATE)	31,26				1,90		12,50	10,69		25,09		56,35				56,35
HAITI	64,25				10,00	3,10		11,70		24,80		89,05				89,05
JAMAICA	54,01	6,41			32,00	9,45		43,00		90,87		144,88	27,74		27,74	172,62
ST CHRISTOPHE (KITTS) & NEVIS	2,72				4,00					4,00		6,72				6,72
SAINT LUCIA	1,36	0,84			3,00	49,01				52,85		54,21				54,21
SURINAME	20,50	0,20								0,20		20,69				20,69
SAINT VINCENT & GRENADINES	2,28	0,28				32,53				32,81		35,10				35,10
TRINIDAD & TOBAGO	9,44	0,78			7,00					7,78		17,22				17,22
* TOTAL CARIBBEAN	309,33	21,62	0,17	0,00	100,36	126,14	12,84	65,39	0,00	326,53		636,12	27,87		27,87	663,99
FIJI	16,94		0,41		2,00					2,41		19,36				19,36
KIRIBATI	9,35				0,50	0,28				0,78		10,13				10,13
PAPUA-NEW GUINEA	43,85		0,08			0,70	0,48	9,88		11,13		54,99		50,00	50,00	104,99
SOLOMON ISLANDS	14,22					74,64		2,18		76,82		91,05				91,05
TONGA	5,03					0,47				0,47		5,50				5,50
TUVALU	1,90				0,50	0,00				0,50		2,40				2,40
VANUATU	10,23		0,14		3,00	0,81		1,59		5,54		15,77	5,27		5,27	21,04
SAMOA	14,07				5,00	0,03				5,03		19,10	3,52		3,52	22,62
* TOTAL PACIFIC	115,60	0,00	0,64	0,00	11,00	76,95	0,48	13,64	0,00	102,70		218,30	8,79	50,00	58,79	277,09
WESTERN AFRICA REGION	211,35	1,71			57,86					59,57		270,92				270,92
CENTRAL AFRICA REGION	77,46				5,30					5,30		82,76				82,76
EASTERN AFRICA REGION	165,38											165,38				165,38
SOUTHERN AFRICA REGION	66,98				16,40					16,40		83,38				83,38
INDIAN OCEAN REGION	13,42				10,94					10,94		24,36				24,36
CARIBBEAN REGION	45,14				24,68					24,68		69,82				69,82
PACIFIC REGION	33,97											33,97				33,97
MULTI-REGIONAL (PALOP)	10,83											10,83				10,83
INTRA ACP BUDGET	749,80											749,80				749,80
* TOTAL ACP REGIONAL COOPERATION	1 374,31	1,71	0,00	0,00	115,19	0,00	0,00	0,00	0,00	116,90		1 491,21				1 491,21
ALL ACP COUNTRIES		4,87	69,48		20,95				1 060,00	1 155,30		1 155,30				1 155,30
ADMINISTRATIVE & FINANCIAL COSTS											37,38	37,38				37,38
* TOTAL ACP	5 256,84	93,70	136,38	111,24	1 078,78	718,65	111,71	1 498,45	1 060,00	4 808,92	37,38	10 103,15	430,57	254,58	685,15	10 788,30
MAYOTTE	0,89					1,18				1,18		2,07				2,07
NEW CALEDONIA	7,49	0,33					2,49			2,83		10,31				10,31
FRENCH POLYNESIA	10,10	0,29			3,00					3,29		13,39				13,39
SAINT PIERRE & MIQUELON	3,47											3,47				3,47
WALLIS & FUTUNA	1,47											1,47				1,47
* TOTAL FRENCH OCT	23,41	0,63	0,00	0,00	3,00	1,18	2,49	0,00	0,00	7,30		30,72				30,72
ARUBA	0,40				0,50					0,50		0,90				0,90
DUTCH ANTILLES	5,21											5,21				5,21
* TOTAL DUTCH OCT	5,61				0,50					0,50		6,11				6,11
ANGUILLA	0,80											0,80				0,80
MONTSERRAT	1,70											1,70				1,70
SAINT HELENA	0,06											0,06				0,06
TURKS & CAICOS					3,00					3,00		3,00				3,00
BRITISH VIRGIN ISLANDS		0,51								0,51		0,51				0,51
* TOTAL BRITISH OCT	2,56	0,51			3,00					3,51		6,08				6,08
OCT F REGIONAL COOPERATION	5,42											5,42				5,42
OCT N REGIONAL COOPERATION	1,00											1,00				1,00
PTU REGIONAL COOPERATION	1,64											1,64				1,64
* OCT REGIONAL COOPERATION	8,06											8,06				8,06
* TOTAL OCT	39,65	1,14			6,50	1,18	2,49			11,31		50,96				50,96
* TOTAL ACP + OCT	5 296,49	94,84	136,38	111,24	1 085,28	719,84	114,20	1 498,45	1 060,00	4 820,24	37,38	10 154,11	430,57	254,58	685,15	10 839,26

Table 3.2.4

8th EDF

Decisions annual 2007

SITUATION BY INSTRUMENT AND STATE

(EUR million)

Lome

Cotonou

Total State

NIP

Non NIP

Interests

Total

Envelope A

Envelope B

Total

Grants

Interest subsidies

Emergency aid

Refugee aid

Risk capital

Stabex

Sysmin

SAF

Heavily indebted poor countries

Total non NIP

ANGOLA

– 0,08

– 0,00

– 0,08

BENIN

– 4,22

0,00

– 4,22

BURKINA FASO

– 4,04

0,01

– 4,02

BOTSWANA

– 1,80

BURUNDI

– 0,02

1,01

– 0,35

0,66

0,64

CENTRAL AFRICAN REPUBLIC

– 0,00

0,00

CHAD

– 0,48

– 1,15

– 1,64

CAMEROON

– 0,33

– 0,35

0,02

– 0,33

– 0,66

CONGO

-10,06

– 0,71

– 10,76

COMOROS

– 0,31

0,00

– 0,31

CAPE VERDE

– 0,36

– 0,23

– 0,59

DJIBOUTI

– 1,47

EQUATORIAL GUINEA

– 0,53

ERITREA

0,00

ETHIOPIA

– 0,68

0,04

– 5,85

– 5,81

– 6,48

GABON

– 0,07

– 1,00

– 1,06

GHANA

– 0,81

– 0,20

– 1,01

GAMBIA

– 2,81

0,04

– 4,38

– 4,34

– 7,15

GUINEA-BISSAU

– 4,70

0,01

– 4,68

GUINEA

– 9,04

-12,00

– 21,04

CÔTE D'IVOIRE

– 1,08

0,40

– 0,68

KENYA

– 0,89

– 0,13

– 1,02

LIBERIA

—

– 2,96

LESOTHO

– 2,72

– 2,22

– 4,93

MADAGASCAR

0,03

MALAWI

– 2,78

– 0,00

– 0,30

0,04

– 0,27

– 3,05

MAURITIUS

– 0,26

MAURITANIA

– 2,69

0,71

– 1,99

MALI

– 0,23

MOZAMBIQUE

-12,89

– 0,85

– 13,74

NAMIBIA

– 0,00

0,00

NIGER

– 4,27

RWANDA

– 1,97

0,24

– 1,73

SENEGAL

– 4,95

– 4,47

0,41

– 4,05

– 9,00

SEYCHELLES

– 0,09

SIERRA LEONE

– 1,34

0,12

– 1,22

SOMALIA

0,00

SAO TOME & PRINCIPE

– 2,40

– 0,26

– 2,66

SUDAN

1,91

SWAZILAND

– 1,05

TANZANIA

0,23

TOGO

– 3,69

UGANDA

– 2,26

– 0,00

– 1,27

0,04

– 0,41

– 1,64

– 3,90

NIGERIA

0,00

ZAMBIA

– 2,16

– 0,94

– 0,28

– 1,22

– 3,38

ZIMBABWE

– 3,74

0,12

– 3,63

DEMOCRATIC REPUBLIC CONGO

– 0,88

– 1,69

– 2,58

* TOTAL AFRICA

– 90,45

– 0,85

– 0,14

– 5,36

– 19,55

1,68

– 16,09

– 40,32

– 130,77

ANTIGUA-BARBUDA

0,00

BARBADOS

– 0,42

BELIZE

– 0,06

BAHAMAS

0,00

DOMINICAN REPUBLIC

– 2,83

DOMINICA

– 0,05

0,00

– 0,04

GRENADA

– 1,02

0,01

– 1,00

GUYANA (STATE)

—

-20,00

– 20,00

HAITI

– 6,62

JAMAICA

– 1,34

0,02

– 1,32

– 2,26

– 3,58

ST CHRISTOPHE (KITTS) & NEVIS

0,00

SAINT LUCIA

0,56

SURINAME

– 1,46

SAINT VINCENT & GRENADINES

0,16

TRINIDAD & TOBAGO

– 0,32

* TOTAL CARIBBEAN

– 14,12

0,00

– 20,00

0,77

– 19,23

– 33,36

– 2,26

– 35,61

FIJI

– 0,36

KIRIBATI

– 2,41

PAPUA-NEW GUINEA

– 2,83

0,03

– 0,02

0,00

– 2,83

SOLOMON ISLANDS

– 0,26

0,00

– 0,25

TONGA

– 0,54

0,00

– 0,53

TUVALU

0,00

VANUATU

0,00

SAMOA

– 0,76

* TOTAL PACIFIC

– 6,39

0,03

– 0,02

0,00

0,01

– 6,38

– 0,76

– 7,14

WESTERN AFRICA REGION

– 3,35

CENTRAL AFRICA REGION

– 0,25

EASTERN AFRICA REGION

– 1,01

SOUTHERN AFRICA REGION

– 5,50

INDIAN OCEAN REGION

– 0,42

CARIBBEAN REGION

– 0,71

– 1,62

– 2,33

PACIFIC REGION

– 0,65

MULTI-REGIONAL (PALOP)

– 1,09

INTRA ACP BUDGET

-10,83

– 10,83

* TOTAL ACP REGIONAL COOPERATION

– 23,81

– 1,62

– 25,42

ALL ACP COUNTRIES

– 7,82

ADMINISTRATIVE & FINANCIAL COSTS

0,00

* TOTAL ACP

– 134,77

– 0,85

– 0,14

– 5,36

– 48,99

2,48

– 0,02

– 16,09

– 68,99

– 203,75

– 3,01

– 206,77

MAYOTTE

0,00

NEW CALEDONIA

– 2,71

FRENCH POLYNESIA

– 0,07

SAINT PIERRE & MIQUELON

0,00

WALLIS & FUTUNA

0,00

* TOTAL FRENCH OCT

– 2,78

0,00

– 2,78

ARUBA

0,00

DUTCH ANTILLES

– 0,17

* TOTAL DUTCH OCT

– 0,17

ANGUILLA

– 0,95

MONTSERRAT

– 0,35

SAINT HELENA

0,00

TURKS & CAICOS

0,00

BRITISH VIRGIN ISLANDS

0,00

* TOTAL BRITISH OCT

– 1,31

OCT F REGIONAL COOPERATION

0,00

OCT N REGIONAL COOPERATION

0,00

PTU REGIONAL COOPERATION

0,00

* OCT REGIONAL COOPERATION

0,00

* TOTAL OCT

– 4,26

0,00

– 4,26

* TOTAL ACP + OCT

– 139,03

– 0,85

– 0,14

– 5,36

– 48,99

2,48

– 0,02

– 16,09

0,00

– 68,99

0,00

– 208,02

– 3,01

0,00

– 3,01

– 211,03

Table 3.2.5

8th EDF

Assigned funds cumulative 2007

SITUATION BY INSTRUMENT AND STATE

(EUR million)
	Lome												Cotonou			Total state
	NIP	Non NIP									Interests	Total	Envelope A	Envelope B	Total
	Grants	Interest subsidies	Emergency aid	Refugee aid	Risk capital	Stabex	Sysmin	SAF	Heavily indebted poor countries	Total non NIP	Interests	Total	Envelope A	Envelope B	Total
ANGOLA	71,20		11,25	15,93						27,18		98,38				98,38
BENIN	111,91				5,76	1,02		52,76		59,53		171,45				171,45
BURKINA FASO	172,83		0,10		14,00	1,54		87,60		103,24		276,07	115,31		115,31	391,38
BOTSWANA	33,70	2,10					0,11			2,21		35,91	3,67	29,01	32,68	68,59
BURUNDI	13,06			25,00		19,00		9,25		53,25		66,31				66,31
CENTRAL AFRICAN REPUBLIC	55,06		0,40			6,31		22,90		29,61		84,68				84,68
CHAD	147,41		0,89		22,30			50,98		74,17		221,58				221,58
CAMEROON	100,95				72,68	17,39		44,05		134,12		235,07				235,07
CONGO	8,14			3,63						3,63		11,77				11,77
COMOROS	10,55		0,71			4,94				5,66		16,20				16,20
CAPE VERDE	28,83	2,58			4,77	0,66		17,98		25,99		54,82				54,82
DJIBOUTI	16,90			2,00				9,00		11,00		27,90				27,90
EQUATORIAL GUINEA	3,57					0,79				0,79		4,37				4,37
ERITREA	2,25		9,60	8,47						18,06		20,31				20,31
ETHIOPIA	146,95		1,79	6,64	66,00	5,24		112,60		192,27		339,22	0,04		0,04	339,26
GABON	37,37				32,85		0,45	6,60		39,91		77,27		29,89	29,89	107,16
GHANA	123,82				17,05			78,59		95,64		219,46		33,15	33,15	252,61
GAMBIA	17,53					4,35		9,06		13,41		30,94				30,94
GUINEA-BISSAU	41,57		2,68			0,32		1,41		4,41		45,98	31,24		31,24	77,22
GUINEA	100,20							21,36		21,36		121,56				121,56
CÔTE D'IVOIRE	51,81	0,33				82,04		21,70		104,07		155,88				155,88
KENYA	69,67	8,09	4,23		35,86	51,05		17,00		116,23		185,91				185,91
LIBERIA				21,32						21,32		21,32				21,32
LESOTHO	50,70	1,10						14,77		15,87		66,57				66,57
MADAGASCAR	161,86		1,71		45,81	20,41		44,73		112,65		274,52	55,00		55,00	329,52
MALAWI	188,51		1,39		10,71	11,42		49,80		73,33		261,84	29,90		29,90	291,74
MAURITIUS	30,07	12,23			1,99					14,22		44,29				44,29
MAURITANIA	59,06	3,92		0,22	25,02	18,56	0,15	26,92		74,79		133,85		1,05	1,05	134,90
MALI	199,34		4,66		5,70			79,41		89,77		289,10				289,10
MOZAMBIQUE	170,52	5,24			85,31			131,21		221,76		392,28	142,03		142,03	534,31
NAMIBIA	50,04	17,36		1,11	4,23		0,20			22,89		72,93				72,93
NIGER	112,40		0,28				0,14	39,44		39,86		152,26	0,99	42,52	43,51	195,78
RWANDA	94,18					25,20		55,40		80,59		174,77				174,77
SENEGAL	99,60	4,12			45,94	38,43	0,46	52,68		141,65		241,25				241,25
SEYCHELLES	5,46				1,77					1,77		7,23				7,23
SIERRA LEONE	57,37					5,31		30,40		35,71		93,09				93,09
SOMALIA	48,81											48,81				48,81
SAO TOME & PRINCIPE	9,08							3,71		3,71		12,78				12,78
SUDAN			19,22			92,74				111,96		111,96				111,96
SWAZILAND	23,47	8,43			28,56					36,99		60,46	3,89		3,89	64,35
TANZANIA	200,68			3,50	102,14	33,27		136,89		275,80		476,48				476,48
TOGO						1,24				1,24		1,24				1,24
UGANDA	192,59		1,61		92,03	35,56		94,32		223,53		416,12				416,12
NIGERIA					5,00					5,00		5,00				5,00
ZAMBIA	135,26		3,64		102,56		93,69	90,70		290,60		425,86				425,86
ZIMBABWE	87,03				3,25	14,90	0,13			18,28		105,31				105,31
DEMOCRATIC REPUBLIC CONGO	20,54		1,91	21,35				4,69		27,96		48,50				48,50
* TOTAL AFRICA	3 361,87	65,50	66,08	109,16	831,29	491,72	95,33	1 417,91		3 076,98		6 438,85	382,07	135,62	517,69	6 956,54
ANTIGUA-BARBUDA	0,62											0,62				0,62
BARBADOS	4,14	4,26								4,26		8,40				8,40
BELIZE	10,36				8,70					8,70		19,06	0,13		0,13	19,19
BAHAMAS	2,20											2,20				2,20
DOMINICAN REPUBLIC	98,00	8,85	0,17		30,98		0,34			40,35		138,35				138,35
DOMINICA	6,29				2,78	29,10				31,87		38,16				38,16
GRENADA	0,57					2,84				2,84		3,41				3,41
GUYANA (STATE)	27,72				1,90		12,27	10,69		24,86		52,57				52,57
HAITI	63,74				10,00	3,10		11,70		24,80		88,54				88,54
JAMAICA	49,36	6,41			32,00	9,40		43,00		90,81		140,17	27,60		27,60	167,77
ST CHRISTOPHE (KITTS) & NEVIS	2,72				4,00					4,00		6,72				6,72
SAINT LUCIA	1,35	0,84			3,00	47,74				51,58		52,92				52,92
SURINAME	19,69	0,20								0,20		19,88				19,88
SAINT VINCENT & GRENADINES	1,92	0,28				32,16				32,44		34,37				34,37
TRINIDAD & TOBAGO	7,08	0,78			7,00					7,78		14,86				14,86
* TOTAL CARIBBEAN	295,76	21,62	0,17		100,36	124,34	12,61	65,39		324,49		620,25	27,73		27,73	647,98
FIJI	16,94		0,41		2,00					2,41		19,35				19,35
KIRIBATI	9,26				0,50	0,28				0,78		10,04				10,04
PAPUA-NEW GUINEA	42,87		0,08			0,64	0,48	9,88		11,07		53,95		45,19	45,19	99,14
SOLOMON ISLANDS	13,89					74,64		2,18		76,82		90,72				90,72
TONGA	5,03					0,46				0,46		5,49				5,49
TUVALU	1,90				0,50	0,00				0,50		2,40				2,40
VANUATU	10,23		0,14		3,00	0,81		1,59		5,54		15,77	5,27		5,27	21,04
SAMOA	14,07				5,00	0,03				5,03		19,10	3,52		3,52	22,62
* TOTAL PACIFIC	114,19		0,64		11,00	76,88	0,48	13,64		102,63		216,82	8,79	45,19	53,98	270,80
WESTERN AFRICA REGION	200,94	1,71			57,86					59,57		260,51				260,51
CENTRAL AFRICA REGION	76,24				5,30					5,30		81,54				81,54
EASTERN AFRICA REGION	140,01											140,01				140,01
SOUTHERN AFRICA REGION	63,77				16,40					16,40		80,17				80,17
INDIAN OCEAN REGION	12,04				10,94					10,94		22,98				22,98
CARIBBEAN REGION	43,79				24,68					24,68		68,47				68,47
PACIFIC REGION	33,76											33,76				33,76
MULTI-REGIONAL (PALOP)	10,83											10,83				10,83
INTRA ACP BUDGET	672,32											672,32				672,32
* TOTAL ACP REGIONAL COOPERATION	1 253,70	1,71			115,19					116,90		1 370,60				1 370,60
ALL ACP COUNTRIES		4,87	69,48		20,95				1 060,00	1 155,30		1 155,30				1 155,30
ADMINISTRATIVE & FINANCIAL COSTS											35,54	35,54				35,54
* TOTAL ACP	5 025,52	93,70	136,37	109,16	1 078,78	692,93	108,41	1 496,94	1 060,00	4 776,30	35,54	9 837,36	418,60	180,81	599,41	10 436,77
MAYOTTE	0,87					1,18				1,18		2,05				2,05
NEW CALEDONIA	7,49	0,33					2,43			2,76		10,25				10,25
FRENCH POLYNESIA	10,10	0,29			3,00					3,29		13,39				13,39
SAINT PIERRE & MIQUELON	3,47											3,47				3,47
WALLIS & FUTUNA	1,43											1,43				1,43
* TOTAL FRENCH OCT	23,36	0,63			3,00	1,18	2,43			7,24		30,60				30,60
ARUBA	0,40				0,50					0,50		0,90				0,90
DUTCH ANTILLES	4,50											4,50				4,50
* TOTAL DUTCH OCT	4,90				0,50					0,50		5,40				5,40
ANGUILLA	0,80											0,80				0,80
MONTSERRAT	1,65											1,65				1,65
SAINT HELENA	0,06											0,06				0,06
TURKS & CAICOS					3,00					3,00		3,00				3,00
BRITISH VIRGIN ISLANDS		0,51								0,51		0,51				0,51
* TOTAL BRITISH OCT	2,51	0,51			3,00					3,51		6,02				6,02
OCT F REGIONAL COOPERATION	5,37											5,37				5,37
OCT N REGIONAL COOPERATION	0,46											0,46				0,46
PTU REGIONAL COOPERATION												0,00				0,00
* OCT REGIONAL COOPERATION	5,83											5,83				5,83
* TOTAL OCT	36,60	1,14			6,50	1,18	2,43			11,25		47,85				47,85
* TOTAL ACP + OCT	5 062,12	94,84	136,37	109,16	1 085,28	694,11	110,84	1 496,94	1 060,00	4 787,55	35,54	9 885,21	418,60	180,81	599,41	10 484,62

		ISSN 1725-2423
Official Journal of the European Union		C 277

English edition	Information and Notices	Volume 51 31 October 2008

Notice No	Contents	page
	IV Notices
	NOTICES FROM EUROPEAN UNION INSTITUTIONS AND BODIES
	Commission
2008/C 277/01	Final accounts for the financial year 2007 of the 7th, 8th and 9th European Development Funds	1

2008/C 277/02	Statement of Assurance by the Court of Auditors on the 7th, 8th and 9th European Development Funds (EDFs) for the financial year 2007	243