The BINLOG statement was sharing too much code with the slave SQL thread, introduced with
the patch for Bug#32407. This caused statements to be logged with the wrong server_id, the
id stored inside the events of the BINLOG statement rather than the id of the running 
server.
      
Fix by rearranging code a bit so that only relevant parts of the code are executed by
the BINLOG statement, and the server_id of the server executing the statements will 
not be overrided by the server_id stored in the 'format description BINLOG statement'.