European Community (Cash Flow)

Mr. Marlow
asked the Chancellor of the Exchequer if he will reconcile in tabular form the net monthly cash flow figures from the United Kingdom to the European Economic Community before and after gross and net refunds with the net cost before and after the inclusion of unallocated expenditures for each of the years 1980, 1981 and estimated figures for 1982.

Mr. Ridley
[pursuant to his reply, 28 July 1982, c. 539]: The accompanying table provides the reconciliation requested for 1980 and 1981. I regret that we do not have the detailed Commission projections which would be needed in order to make a similar reconciliation of estimates for 1982.-------------------------------------------------------------------
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|1. Net payments to Community Budget during year (cash-flow basis)|
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|(a) Gross payments                                               |
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|(b) Gross receipts other than refunds                            |
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|(c) Gross refunds                                                |
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|(d) Net payments                                                 |
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|2. Adjustments for allocated budget basis                                                                    |
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|3. Net contributions in respect of allocated budgets for 1980 and 1981, less refunds for those years (1d—2g)*|
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1981.

Note: Net entitlement of 1,410 million ecus converted into £ sterling at a rate of 1 ecu=£0·55311.