55Zavoljo nepopolnosti rezultatov popisa sistema Stabex (glej odstavek 23) generalni direktor ni ob vsakem času imel vseh informacij, ki jih je potreboval, da bi v svoji izjavi potrdil ugotovitev o uporabi virov za opredeljene namene v skladu z načelom gospodarnega finančnega upravljanja ter o zakonitosti in pravilnosti transakcij, povezanih z računi. -55.Stabex was an instrument for the rapid disbursement of funds and was designed to offset reductions in the export revenues from key agricultural products in the ACP countries. It disappeared with the entry into force of the Cotonou Agreements in April 2003. Thus the last transfers to be carried out concern funds which it had been decided in preceding years to transfer to the beneficiary countries that satisfied the eligibility criteria. No Stabex transfers took place in 2003. The annual declaration by the Director-General concerns 2003.The EDF accounts did not contain any information on the use made of Stabex funds by beneficiary States as, once the funds are transferred to the beneficiaries under the "Transfer Agreements", they belong to those countries and have officially left the EDF accounts.Beneficiary States are required (see reply to paragraph 43) to report to the Commission on the use of these funds; it is then possible for the Commission, after informing the EC-ACP Council of Ministers, to defer the application of decisions on further transfers if the information supplied by the beneficiary State is not deemed satisfactory. On the basis of the information received from the beneficiaries in the past, the Commission has never actually done this. However, as there is no harmonised reporting system to ensure the uniformity of information received by the delegations, the Commission launched an inventory of the funds in 2003 in order to monitor the funds outside the accountings and consolidate all the information available. -

55.Owing to the incomplete nature of the results of the Stabex inventory (see paragraph 23), the Director-General did not at that time have all the information he needed to conclude in his declaration on the use of resources for the specified purposes in accordance with the principle of sound financial management, and on the legality and regularity of the underlying transactions. -55.Stabex was an instrument for the rapid disbursement of funds and was designed to offset reductions in the export revenues from key agricultural products in the ACP countries. It disappeared with the entry into force of the Cotonou Agreements in April 2003. Thus the last transfers to be carried out concern funds which it had been decided in preceding years to transfer to the beneficiary countries that satisfied the eligibility criteria. No Stabex transfers took place in 2003. The annual declaration by the Director-General concerns 2003.The EDF accounts did not contain any information on the use made of Stabex funds by beneficiary States as, once the funds are transferred to the beneficiaries under the "Transfer Agreements", they belong to those countries and have officially left the EDF accounts.Beneficiary States are required (see reply to paragraph 43) to report to the Commission on the use of these funds; it is then possible for the Commission, after informing the EC-ACP Council of Ministers, to defer the application of decisions on further transfers if the information supplied by the beneficiary State is not deemed satisfactory. On the basis of the information received from the beneficiaries in the past, the Commission has never actually done this. However, as there is no harmonised reporting system to ensure the uniformity of information received by the delegations, the Commission launched an inventory of the funds in 2003 in order to monitor the funds outside the accountings and consolidate all the information available. -