1977R2830 — EN — 01.01.1995 — 001.001 — 1
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►B COUNCIL REGULATION (EEC)No 2830/77
of 12 December 1977
on the measures necessary to achieve comparability between the accounting systems and annual
accounts of railway undertakings
(OJ L 334, 24.12.1977, p. 13)
Amended by:
Official Journal
No page date
►M1Council Regulation (EEC) No 3572/90 of 4 December 1990 L 353 12 17.12.1990
Amended by:
►A1Act of Accession of Greece L 291 17 19.11.1979
►A2Act of Accession of Spain and Portugal L 302 23 15.11.1985
►A3Act of Accession of Austria, Sweden and Finland C 241 21 29.8.1994
(adapted by Council Decision 95/1/EC, Euratom, ECSC) L 1 1 1.1.1995
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COUNCIL REGULATION (EEC)No 2830/77
of 12 December 1977
on the measures necessary to achieve comparability between the
accounting systems and annual accounts of railway undertakings
THE COUNCIL OF THE EUROPEAN COMMUNITIES,
Havingreg ard to the Treaty establishingthe European EconomicCommunity, and in particular Article 75 thereof,
Havingreg ard to Council Decision 75/327/EEC of 20 May 1975 on the
improvement of the situation of railway undertakings and the harmon-ization of rules governing financial relations between such undertakingsand States(
1), and in particular Article 8 (2) thereof,
Havingreg ard to the proposal from the Commission,Havingreg ard to the opinion of the European Parliament(
2),
Havingreg ard to the opinion of the Economic and Social Committee(3),
Whereas the harmonization of rules concerningfinancial relations
between States and railway undertakings should be based as far aspossible on the financial and accountingprinciples applicable to indus-trial and commercial undertakings; whereas this harmonization requiresthe implementation of the necessary measures to achieve comparabilitybetween the annual accounts of railway undertakings;
Whereas comparability of the annual accounts of railway undertakings
should contribute towards improvingthe transparency of the financialresults of such undertakings and of the financial interventions of theState;
Whereas comparability of these annual accounts may be established by
transposingthe annual results of railway undertaking s to a standardform;
Whereas an advisory committee should be set up to assist the Commis-
sion in improvingthe comparability and the harmonization of theannual accounts of railway undertakings,
HAS ADOPTED THIS REGULATION:
Article 1
The aim of this Regulation is to make the annual accounts of railway
undertakings comparable. For the purpose of this Regulation annualaccounts shall mean the balance sheet and the profit and loss accountdrawn up in accordance with Articles 3 and 4.
Article 2
This Regulation shall apply to the following railway undertakings:
▼
M1
— Société nationale des chemins de fer belges (SNCB)/Nationale
Maatschappij der Belgische Spoorwegen (NMBS)
(1) OJ No L 152, 12. 6. 1975, p. 3.
(2) OJ No C 163, 11. 7. 1977, p. 33.
(3) OJ No C 180, 28. 7. 1977, p. 34.
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— Danske Statsbaner (DSB),
— Deutsche Bundesbahn (DB),— Deutsche Reichsbahn (DR),—Οργανισµός Σιδηροδρόµων Ελλάδος (ΟΣΕ),
— Red Nacional de los Ferrocarriles Españoles (RENFE),— Société nationale des chemins de fer français (SNCF),— Iarnród éireann,— Ente Ferrovie dello Stato (FS),— Société nationale des chemins de fer luxembourgeois (CFL),— Naamloze Vennootschap Nederlandse Spoorwegen (NS),
▼
A3
— Österreichische Bundesbahnen (ÖBB),
▼M1
— Caminhos-de-Ferro Portugueses, EP (CP),
▼A3
— Valtionrautatiet/Statsjärnvägarna (VR),— Statens järnvägar (SJ),
▼
M1
— British Rail (BR),— Northern Ireland Railways (NIR).
▼
B
Article 3
Railway undertakingshall, each year takingeffect for the first time for
the accountingyear 1977, transpose their annual results, established inaccordance with national regulations, to the forms of annual accountsshown in Annexes I and III.
Article 4
1. The balance sheet shall be transposed in accordance with Annex I
on the basis of the elements of the nomenclature set out in Annex II.
2. The profit and loss account transposed in accordance with Annex
III shall be drawn up on the basis of the elements of the nomenclatureset out in Annex IV.
3. Railway undertakings shall add explanatory notes to the trans-
posed annual accounts. These notes shall indicate in particular:
— deviations from the nomenclature arisingin drawingup the trans-
posed accounts, as well as the reasons for such derogations, andpossible repercussions which such derogations may have on thecomparability of the transposed accounts;
— the methods of evaluation used for items the value of which is
estimated, such as depreciation work in progress and fixed assets.
In order to achieve the objective of comparability referred to in Article
1 the Commission may ask for additional explanations.
Article 5
1. Railway undertakings shall, within 12 months of the end of the
accountingyear in question, transmit to the Commission the transposedannual accounts referred to in Article 3.
2. Six months after receipt of the information provided for in para-
graph 1, the Commission shall submit a synopsis of it to the Council.
Article 6
1. An Advisory Committee shall be set up to assist the Commission
in the implementation of this Regulation.
2. The Committee shall give its opinion on any question relating to
the problems and solution connected with improvingthe comparability
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of the transposed annual accounts of railway undertakings and makingprogress towards greater harmonization of their accounting systems.
3. The Committee shall be chaired by a representative of the
Commission and shall consist of two representatives designated by eachMember State. The Members of the Committee may be assisted byexperts designated by them. The Committee shall be convened by theCommission which shall provide the necessary secretarial services.
4. The Committee’s conclusions shall be noted in the report which
the Commission is to submit to the Council every two years pursuant toArticle 14 (1) of Council Decision 75/327/EEC.
Article 7
Before 1 January 1983 the Commission shall, in the light of experience
gained and of accountancy developments in general and taking intoaccount the opinion of the committee, submit, where appropriate,proposals for amendingthis Reg ulation and the Annexes thereto with aview to improvingthe comparability of transposed annual accounts.
This Regulation shall be binding in its entirety and directly applicable in
all Member States.
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ANNEX I

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ANNEX II
NOMENCLATURE OF THE BALANCE SHEET ACCOUNTS
CLASS 0 — ACCOUNTS FOR OWN CAPITAL AND LONG-TERM LIABIL-
ITIES
00 — Capital
— Stocks or shares paid up and not redeemed
— Stocks or shares paid up and redeemed— Stocks and shares not paid up— State endownments or contributions
01 — Reserves
May include the followingitems:
— Legal reserve
— Statutory reserves— Reserves for revaluations of assets (increases in value resultingfrom
revaluations of balance sheet items)
— Other reserves includingthe capital component of the annual redemp-
tion payments on loans where railways have charged this componentto the profit and loss account)
02 — Contributions to investment costs
Contribution by the State or by third parties to the implementation of
specific investment projects
03 — Provisions
— Provisions made by certain railways to finance the replacement of
their fixed assets instead of depreciatingthem
— Provisions to cover certain losses and charges— Insurance funds
04 — Funds for Staff
In particular, pension funds administered by the railways where there are
no autonomous schemes and staff savings funds
05 — Long-term financial debts
These are debts whose term is longer than one year; they should be
accounted for at repayment value. Where appropriate show separatelydebts to undertakings in which the railway undertaking has a share-holding
CLASS 1 — LONG-TERM ASSET ACCOUNTS
Adjustments for depreciation are to be accounted for in the appropriate deprecia-
tion sub-accounts
10 — Land and fixed installations
10.0 — Purchase or construction value (includingany revaluations and
contributions to third parties)
— Land (both built on and not built on)
— Earthworks and permanent way— Major structures— Buildings— Electric traction fixed installations— Safety and telecommunications installations includinglevel
crossings; not including buildings
— Miscellaneous installations
10.1 — Depreciation
11 — Transport stock
11.0 — Purchase or construction value
— Tractive units
— Hauled passenger vehicles— Hauled goods vehicles— Road transport stock and equipment
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— Marine stock and equipment includinghovercraft
— Other stock and equipment includingcontainers
11.1 — Depreciation
12 — Other stock and equipment (includingfurniture, machinery, tools and
special purpose service vehicles (railcars for the inspection of tunnels,railcars for the inspection of the overhead contact wire, etc.) pallets andtackle)
12.0 — Purchase or construction value
12.1 — Depreciation
13 — Fixed assets under construction
— Fixed installations
— Transport stock and equipment— Other stock and equipment
14 — Shareholdings in other undertakings
15 — Long-term loans (exceedingone year). Where appropriate, show sepa-
rately loans given to undertakings in which the railway undertaking has ashareholding
16 — Costs and premiums for issuing loans and loan redemption premiums
(for the portion not yet redeemed)
17 — Miscellaneous fixed assets (patents, concessions, licences and other
similar rights)
CLASS 2 — STOCK ACCOUNTS
20 — Supplies in store or in the yards
— Purchase or construction value
— Adjustment for depreciation
21 — Supplies being manufactured or under repair
CLASS 3 — SUNDRY DEBTOR AND CREDITOR ACCOUNTS
30 — Debtors(supplies, customers, Staff, state, subsidiaries, partners or share-
holders, other debtors, and suspense and prepayment accounts)
— Nominal value
— Adjustment for depreciation
31 — Creditors (suppliers, customers, staff, State, subsidiaries, partners or
shareholders, other creditors includingdeposits and securities received,and suspense and prepayment accounts)
CLASS 4 — FINANCIAL ACCOUNTS
40 — Financial debts whose term is less than one year
41 — Loans whose term in less than one year
— Nominal value
— Adjustment for depreciation
42 — Bills receivable
— Nominal value
— Adjustment for depreciation
43 — Cheques in hand
44 — Bills payable
45 — Securities
Not including shareholdings in other undertakings (see account 14)
— Purchase value
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— Adjustment for depreciation
46 — Postal cheque accounts
47 — Bank accounts
48 — Cash in hand
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ANNEX III
LAYOUT OF THE PROFIT AND LOSS ACCOUNT
I.General operation
Expenses Revenue
60. Staff costs
61. Material supplied and services performed by
third parties
62. Taxes and dues (1)
63. Allocations for depreciation64. Allocations to provision accounts65. Financial charges70. Traffic revenue
0. Passenger and luggage traffic
(a) by rail
(b) by road
(c) by other means of transport
1. Goods traffic
(a) by rail
(i) full trains and wagon loads
— national traffic
— international traffic
(ii) part loads and parcels
— national traffic
— international traffic
(b) by road
(c) by other means of transport
2. Postal traffic
71. Financial revenue72. Other revenue73. Contra of costs booked to other accounts74. Compensations and aids received under
0. Regulation (EEC) No 1191/691. Regulation (EEC) No 1192/692. Regulation (EEC) No 1107/70 (Article 3)3. Other compensations and aids
Total expenses Total revenue
91.0 Operatingprofit for the financial year 91.1 Operatingloss for the financial year
(1) Optional account (see Annex IV).
II.Profit and loss summary
91.1 Operatingloss for the financial year
91.3 Exceptional losses91.4 Corporation tax91.0 Operatingprofit for the financial year91.2 Exceptional profits91.5 Balancingsubsidy
— Article 4 of Regulation (EEC) No 1107/
70,
— other
91.6 Profit for the financial year 91.7 Loss for the financial year
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ANNEX IV
NOMENCLATURE OF THE PROFIT AND LOSS ACCOUNT
(see Annex III for layout)
I. GENERAL OPERATIONCLAS S 6 — EXPENSE ACCOUNTS
(*) Taxes and dues are either shown in account 62 with indication of their nature,
or included in account 60 and account 61 as appropriate
60 (
1)—Staff costs: include the followingitems:
— remuneration of staff in active employment (includingremuneration
relatingto fixed assets, supplies and work for third parties)
— pension charges: amount of pensions paid out directly by the rail-
ways less any contributions paid by employees in active employ-ment. Amount of contributions paid by the railways to autonomouspension funds
— miscellaneous social security costs (family benefits, social welfare,
security, staff training)
61 (
1)—Materials supplied and services performed by third parties: include
the followingitems
— fuel, power and light including that relating to
fixed assets and thirdparties— material consumption
— services performed by third parties— rentals— miscellaneous charges (insurance premiums and indemnities, water
and gas and sundry administrative costs)
62 (
1)—Taxes and dues — (non-deductible VAT and other taxes and dues,
corporation tax excepted) railways usingthis account should clearlyindicate the nature of these taxes
63 — Allocations for depreciation
64 — Allocations to provision accounts (to cover certain losses and charges as
well as insurance and financingreplacement of fixed assets for somerailways)
65 — Financial charges
CLAS S 7 — REVENUE ACCOUNTS (
2)
70 — Traffic revenue (includingassociated revenue, but excludingservice
transport operations)
70.0 — Passenger and luggage traffic
(a) by rail
(b) by road
(c) by other means of transport
70.1 — Goods traffic
(a) by rail
(i) full trains and wagon loads
— national traffic(3)
— international traffic(3)
(ii) part loads and parcels
— national traffic(3)
— international traffic(3)
(b) by road
(c) by other means of transport
(1) Taxes and dues are either shown in account 62 with indications of their nature, or
included in account 60 and account 61 as appropriate.
(2) All revenues net of tax (in particular, net of VAT)
(3) Definitions: — national goods traffic means transport of goods which are loaded and
unloaded inside the country,— international goods traffic means the transport of goods which areloaded of unloaded, or both, in a foreign country.
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70.2 — Postal traffic
71 — Financial revenue (interest on securities held and dividends from share-
holdings in other undertakings)
72 — Other revenue
72.1 — Revenue from work and supplies for Government account
(investment in the network)
72.2 — Revenue from work and supplies for third parties
72.3 — Revenue from other activities including rents
72.4 — Miscellaneous revenue
73 — Contra of costs booked to other accounts (in particular, fixed asset
accounts and supplies accounts)
74 — Compensation and aids
74.0 — Compensation for public service obligations Regulation (EEC)
No 1191/69
74.1 — Compensations for the normalization of accounts Regulation
(EEC) No 1192/69 (in accordance with the provisions of Article10)
74.2 — AidsArticle 3 of Regulation (EEC) No 1107/70
74.3 — Other compensations and aids (not related to balancingsubsidy)
II. SUMMARY PROFITS AND LOSSESCLAS S 9 — RESULT ACCOUNTS
91.0 — 91.1 — Operating profit or loss for the financial year
91.2 — 91.3 — Exceptional profits and losses
(Those items involvingsig nificant amounts which derive from events or transac-
tions outside the ordinary activities of the business and which are not expected torecur frequently)
91.4 — Corporation tax (tax assessed on the profit of companies and other
corporate bodies, or in certain countries also on the capital)
91.5 — Balancing subsidy:
— Article 4 of Regulation (EEC) No 1107/70
— Other
Those undertakings which strike the balance of the profit and loss
prior to takingthese subsidies into account may show such subsidiesseparately in a note.
91.6 — Profit for the financial year to be transferred to account 07.0
91.7 — Loss for the financial year to be transferred to account 07.1