The European Parliament,

–   having regard to Article 272 of the EC Treaty and Article 177 of the Euratom Treaty,

–   having regard to Council Regulation (EC, Euratom) No 1605/2002 of 25 June 2002 on the Financial Regulation applicable to the general budget of the European Communities(1), and particularly Articles 37 and 38,

–   having regard to the general budget of the European Union for the financial year 2007, as finally adopted on 14 December 2006(2),

–   having regard to the Interinstitutional Agreement of 17 May 2006 between the European Parliament, the Council and the Commission on budgetary discipline and sound financial management(3),

–   having regard to Preliminary draft amending budget No 5/2007 of the European Union for the financial year 2007, which the Commission presented on 21 June 2007 (COM(2007)0340),

–   having regard to Draft amending budget No 5/2007, which the Council established on 13 July 2007 (11707/2007 – C6-0232/2007),

–   having regard to Rule 69 and Annex IV of its Rules of Procedure,

–   having regard to the report of the Committee on Budgets (A6-0300/2007),

A.   whereas Draft amending budget No 5/2007 foresees modifications to the budget structure as a result of the revision of the forecast of traditional own resources (TOR, i.e. customs duties, agricultural duties and sugar levies), VAT and GNI bases and the budgeting of the relevant UK corrections as well as their financing, resulting in a change in the distribution between Member States of their own resources contributions to the EU budget, the repayment of the surplus from the Guarantee Fund for external measures as well as the impact of changes in the Financial Regulation on the revenue side,

B.   whereas the purpose of Draft amending budget No 5/2007 is to formally enter these budgetary resources into the 2007 budget,

1.  Takes note of Draft amending budget No 5/2007;

2.  Approves Draft amending budget No 5/2007 unamended;

3.  Instructs its President to forward this resolution to the Council and Commission.

(1) OJ L 248, 16.9.2002, p. 1. Regulation as amended by Regulation (EC, Euratom) No 1995/2006 (OJ L 390, 30.12.2006, p. 1). (2) OJ L 77, 16.3.2007. (3) OJ C 139, 14.6.2006, p. 1.