European Commission 5 August 2011, REPORT FROM THE COMMISSION TO THE EUROPEAN PARLIAMENT AND THE COUNCIL on the Guarantee Fund and the management thereof in 2010

52011DC0476 /* COM/2011/0476 final */ REPORT FROM THE COMMISSION TO THE EUROPEAN PARLIAMENT AND THE COUNCIL on the Guarantee Fund and the management thereof in 2010 TABLE OF CONTENTS 1. Introduction 2 2. Position of the Fund at 31 December 2010 4 2.1. Financial flows of the Fund 4 2.2. Presentation of the accounts 5 2.3. Pre-consolidated financial statement for the Fund at 31 December 2010 5 2.3.