16.9.2000 Official Journal of the European Communities L 234/41 DECISION OF THE EUROPEAN PARLIAMENT of 6 July 2000 closing the accounts of the sixth, seventh and eighth European Development Funds for the 1998 financial year (2000/549EC) THE EUROPEAN PARLIAMENT, Having regard to Article 276 of the EC Treaty, Having regard to Article 89 of the Financial Regulation, under which each Community Institution is required to take all appropriate steps to take action on the comments appearing in the decisions giving discharge, Whereas under the same article the institutions are also required to report, at Parliament's request, on the measures taken in the light of these comments and, in particular, on the instructions given to those of their departments which are responsible for the implementation of the budget, Having regard to the recommendation of the Council of 13 March 2000 (C5-0154/2000), Having regard to the report of the Committee on Budgetary Control (A5-0167/2000), 1. Notes that the authorised revenue and expenditure for the 1998 financial year amounted to EUR 1 469 million; 2. Notes that the balance sheets and use of resources for the sixth, seventh and eighth EDF at 31 December 1998 were as follows: BALANCE SHEET OF SIXTH EDF AT 31 DECEMBER 1998 (EUR '000) ASSETS SITUATION AS AT 31 DECEMBER 1998 Long-term Initial allocation 7 500 000,00 EIB special contribution 60 000,00 Current Stabex debts to be recovered from MS 669 144,99 Interest for late payment of EDF contributions 1 856,86 Treasury advance to 7% EDF 451 135,52 Advances 26 654,88 Cash at bank 714 103,51 Total assets 1862 895,76 LIABILITIES Fund capital Initial allocation 7 500 500,00 EIB special contribution 60 000,00 Other resources 322 613,75 Expenditure paid Expenditure already booked 6931513,53 Expenditure to be regularised 12706,38 Creditors Revenue to be regularised — Total liabilities 1862 895,76