31982Y1014(06)

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REPORT OF THE COURT OF AUDITORS OF THE EUROPEAN COMMUNITIES ON THE ACCOUNTS OF THE EUROPEAN COAL AND STEEL COMMUNITY AS AT 31 DECEMBER 1981

1 . THE PRESENT REPORT CONCERNS THE FINANCIAL OPERATIONS OF THE ECSC , EXCLUDING THOSE RELATING TO EXPENDITURE AND REVENUE OF AN ADMINISTRATIVE NATURE , FOR THE YEAR ENDING 31 DECEMBER 1981 .

IT HAS BEEN COMPILED IN ACCORDANCE WITH ARTICLE 78 F ( 5 ) OF THE TREATY ESTABLISHING THE EUROPEAN COAL AND STEEL COMMUNITY , AS AMENDED BY ARTICLE 8 OF THE TREATY OF 22 JULY 1975 , WHICH MODIFIED CERTAIN FINANCIAL PROVISIONS OF THE TREATIES ESTABLISHING THE EUROPEAN COMMUNITIES AND OF THE TREATY ESTABLISHING A SINGLE COUNCIL AND A SINGLE COMMISSION OF THE EUROPEAN COMMUNITIES . AS LAID DOWN IN THESE PROVISIONS , THIS REPORT CONCERNS THE REGULARITY OF THE ACCOUNTING OPERATIONS AND OF THE FINANCIAL MANAGEMENT OF THE HIGH AUTHORITY RELATING TO THOSE OPERATIONS , WITH THE EXCEPTION OF ADMINISTRATIVE EXPENDITURE AND REVENUE . THESE ARE INCLUDED IN THE ANNUAL REPORT OF THE COURT OF AUDITORS ON THE GENERAL BUDGET OF THE COMMUNITIES .

2 . TO ACCOMPLISH THIS TASK , THE COURT HAS EXAMINED THE ACCOUNTING OF THE ECSC AND ITS FINANCIAL POSITION AS AT 31 DECEMBER 1981 . THE FINANCIAL STATEMENTS HAVE BEEN EVALUATED IN ACCORDANCE WITH THE RULES LAID DOWN IN THE COMMISSION'S PROPOSALS FOR A COUNCIL DIRECTIVE ON THE ANNUAL ACCOUNTS OF BANKS AND OTHER FINANCIAL INSTITUTIONS .

3 . THE OPINION OF THE COURT IS THAT THE ANNUAL ACCOUNTS FOR 1981 ARE A TRUE AND FAITHFUL REFLECTION OF THE FINANCIAL SITUATION OF THE EUROPEAN COAL AND STEEL COMMUNITY AS AT 31 DECEMBER 1981 , AND THE RESULTS OF ITS OPERATIONS FOR THE YEAR ENDING AT THAT DATE .

LUXEMBOURG , 17 JUNE 1982 .

P . LELONG

PRESIDENT

P . GAUDY

MEMBER