L 146/28 Official Journal of the European Communities 16.5.98 EUROPEAN PARLIAMENT DECISION of 31 March 1998 giving discharge to the Commission in respect of the financial management of the seventh European Development Fund for the financial year 1996 (98/330/EC) THE EUROPEAN PARLIAMENT, — Having regard to the EC Treaty, — Having regard to the fourth ACP-EEC Convention (%), — Having regard to the balance sheets and revenue and expenditure accounts of the sixth and seventh European Development Funds for the 1996 financial year (SEC(97) 0938 — C4-0274/97), Having regard to the report and the Statement of Assurance of the Court of Auditors concerning the financial year 1996 and the replies of the institutions (3), Having regard to the Recommendation of the Council of 9 March 1998 (C4-0166/98), Having regard to the report of the Committte on Budgetary Control and the opinion of the Committee on Development and Cooperation (A4-0091/98), Gives discharge to the Commission in respect of the financial management of the seventh European Development Fund for the financial year 1996 on the basis of the following amounts: BALANCE SHEET OF THE SEVENTH EDF AT 31 DECEMBER 1996 (ECU 1000) SITUATION ASSETS AS AT 31 DECEMBER 1996 Grants 3503978 Loans 320 531 Stabex 1610 561 Sysmin 101 067 SUBTOTAL 5536137 Liquid assets — Other current assets — Items under verification — TOTAL 5536137 LIABILITIES Contributions called up 3799 888 Other income 876 289 Transfers to the seventh EDF — Amount due to the sixth EDF 859 960 TOTAL 5536137 () OJ L 229, 17. 8. 1991. () JO C 348, 18. 11. 1997 (Volume I, Chapter 12 and Volume II, Part 10).