12.3.87 OfficialjournaloftheEuropeanCommunities NoL69/55
COUNCILDIRECTIVE
of26January1987
onaidtoshipbuilding
(87/167/EEC)
THECOUNCILOFTHEEUROPEANCOMMUNITIES ,Whereas ,acompetitiveshipbuildingindustryisofvital
interesttotheCommunityandcontributestoitseconomic
andsocialdevelopmentbyprovidingasubstantialmarket
forarangeofindustries,includingthoseusingadvanced
technology;whereasitcontributesalsotothemaintenance
ofemploymentinanumberofregions,includingsome
whicharealreadysufferingahighrateofunemployment ;
whereasthisisalsotrueofshipconversionandship
repair;HavingregardtotheTreatyestablishingtheEuropean
EconomicCommunity,andinparticularArticles92(3)(d)
and113thereof,
HavingregardtotheproposalfromtheCommission (1),
HavingregardtotheopinionoftheEuropean
Parliament (2),Whereasitisnowclearthatthesectorissufferingfroma
fundamentalstructuralcrisis,ratherthanacyclical
problemofdemand,inwhichitwouldbeshort-sightedto
continuetorespondtotheaggravationofthecrisisby
multiplyingthevolumeofoperatingaidswhichtendto
increasethesegregationoftheinternalmarketand
constituteacontinuingdrainonthescarcebudgetary
resourcesoftheMemberStateswithoutinducingany
lastingimprovement inthecompetitiveness ofthe
Community'sshipbuildingindustry;HavingregardtotheopinionoftheEconomicandSocial
Committee (3),
WhereasCouncilDirective81/363/EECof28April1981
onaidtoshipbuilding (4),aslastamendedbyDirective
85/2/EEC(5),willexpireon31December1986;
Whereas,althoughprogresshadbeenmadeinthe
structuraladaptationoftheCommunity'sshipbuilding
industrysincetheadoptionofDirective81/363/EEC(the
FifthDirective),theworldcrisisinshipbuildingcontinues
todeepentogetherwiththeimbalancebetween
shipbuildingcapacityanddemand,causingpricestofallto
alevelwhichisoftenbelowthefixedcostofEuropean
shipyards;whereasthepriceproblemhasbeenaggravated
bythedevelopmentofverycost-competitive capacityin
thirdcountriesparticularly intheproductionof
standardizedvesselsinseries;Whereas,inviewinparticularofthecostdifferenceswhich
existformostcategoriesofshipincomparisontoshipyards
insomethirdcountries,theimmediateabolitionofaidto
thesectormaynotbepossibleinviewoftheneedto
encouragerestructuringinmanyyards;whereasatighter
andmoreselectiveaidpolicyisneverthelessnecessaryin
ordertosupportthepresenttrendinproductiontowards
moretechnologically advancedshipsandinordertoensure
fairanduniformconditionsforintra-Community
competition ;whereassuchapolicyconstitutesthemost
appropriateapproachintermsofensuringthemaintenance
ofasufficientlevelofactivityinEuropeanshipyardsand
therebythesurvivalofanefficientandcompetitive
Europeanshipbuildingindustry;
WhereastherecoveryindemandenvisagedintheFifth
Directivehasnottakenplace,giventhatthedemand
outlookforshipbuildingisnotencouragingandinviewof
thefactthatanyresumptionindemandislikelytolead
immediatelytoanexpansionofproductionfacilitiesin
certainthirdcountries;Whereastheseconsiderations callforadifferentiated
approachwithregardtothevarioustypesofaidatpresent
grantedbyMemberStates;whereasalevelofproduction
aidwhichisgearedtowardssupportingproductionwhere
theCommunity'scostdisadvantage islowestandwhere
thereisarealpossibilityofrestoringlong-term
competitiveness seemstoofferthemostappropriate
approachinresponsetotheabovementioned objectivesof
improvingcompetitiveness andreducingintra-Community
distortionsintrade;whereasthislevelofaidshouldbe
attainedbymeansofacommonmaximumceilingtobe
revisedperiodicallyafterconsultationwiththeMember
StatesandonthebasisofanindependentexpertstudyO)OJNoC281,7.11.1986,p.4.
(2)OJNoC7,12.1.1987.
(3)Opiniondeliveredon16December1986(notyetpublishedin
theOfficialJournal).
(4)OJNoL137,23.5.1981,p.39.
(s)OJNoL2,3.1.1985,p.13.

NoL69/56 OfficialJournaloftheEuropeanCommunities 12.3.87
HASADOPTEDTHISDIRECTIVE :
CHAPTER I
GENERALwhichtakesdueaccountoftheexpectedlong-term
developmentoftheshipbuildingindustrysoastoensure
boththeoptimalactivitylevelsjustifiableoneconomic
groundsandthecontinuationofstructuraladjustment;
whereas,sinceincreasedefficiencyisaprincipalobjective
pursuedbythepremisesofthisDirective,theyearlyreview
oftheproductionaidceilingshouldalwaysaimatits
progressivereduction;whereasitisnecessary,inorderto
avoiddiscrimination ,tomakeallformsofoperatingaid
subjecttothecommonmaximumceiling,includingloss
compensationandsuchaidasisgrantedindirectlythrough
thirdpersons;whereas,inordertopermitallMember
Statestocompeteequallyandinviewofthepersistent
structuraldisparitiesofyardsinthedifferentMember
States,itmaybenecessarytoauthorizerestructuringaidto
enabledesirablestructuralchangestobecarriedout
providedthattheydonotleadtoincreasesincapacity;
whereas,althoughitisproposedtotreatshipconversionin
thesamewayasshipbuilding ,itisnotappropriateto
permitaidtotheship-repairsectorinviewofthe
continuingovercapacityinthissector,exceptforclosure
andresearchanddevelopmentaid;Article1
ForthepurposeofthisDirectivethefollowingdefinitions
shallapply:
(a)'shipbuilding':
meansthebuildingintheCommunityofthefollowing
metal-hulledsea-goingvessels:
—merchantshipsforthecarriageofpassengers
and/orcargo,ofnotlessthan100grt,
—fishingvesselsofnotlessthan100grt,
—dredgersorshipsforotherworkatseaofnotless
than100grtexcludingdrillingplatforms,
—tugsofnotlessthan365kW;
(b)'shipconversion':
meanstheconversionintheCommunityof
metal-hulledsea-goingvessels,asdefinedin(a),ofnot
lessthan1000grt,onconditionthatconversion
operationsentailradicalalterationstothecargoplan,
thehullorthepropulsionsystemorthepassenger
accommodation ;WhereastherestructuringprocessinSpainandPortugalis
lessadvancedthanintheotherMemberStatesandthe
immediateapplicationofthecommonmaximumceilingfor
productionaidmaycausesomedifficultiesinthesetwo
MemberStates,particulararrangementsshouldbeallowed
toenablethemgradually,afterafurtherperiodof
restructuring ,tocomplywiththeaidregimeapplicableto
theCommunityasawhole;
Whereas,inordertoensurefulltransparency ,whichis
avitalelementinassuringtheproperfunctioningofa
Communityaidsystembothinrespectofoperationalaids
andburden-sharing withregardtorestructuringefforts,it
willbenecessarytostrengthenthenotificationrules,
includingnotificationofaidtoshipownersforthebuilding
orconversionofships,togetherwiththeaposteriori
reportingobligationsofMemberStatesasregardsactual
aidpaymentsandtheachievementofrestructuring
objectives;(c)'shiprepair':
meanstherepairofthevesselsreferredtoin(a);
Whereasthereductionsinworldshippingcapacitiesshould
bemadeinsuchawayastocausetheleastpossibledamage
andtobeasfairaspossible;(d)'aid':
meansStateaidwithinthemeaningofArticles92and
93oftheTreaty,includingnotonlyaidgrantedbythe
Stateitselfbutalsothatgrantedbyregionalorlocal
authoritiesandanyaidelementscontainedinthe
financingmeasurestakenbyMemberStatesinrespect
oftheshipbuildingorshiprepairundertakingswhich
theydirectlyorindirectlycontrolandwhichdonot
countastheprovisionofriskcapitalaccordingto
standardcompanypracticeinamarketeconomy.
Suchaidmaybeconsideredcompatiblewiththe
commonmarketprovidedthatitcomplieswiththe
criteriaforderogationcontainedinthisDirective;Whereasadditionalmeasuresshouldbeadoptedinorderto
alleviatethesocialandregionalconsequences ofthe
restructuringoftheshipbuildingsector;
WhereasCommunitymeasuresshouldalsobeadoptedin
ordertoimprovedemandfornewshipsfromCommunity
shipyards,(e)'contractvaluebeforeaid':
meansthepricelaiddowninthecontractplusanyaid
granteddirectlytotheshipyard.

12.3.87 OfficialJournaloftheEuropeanCommunities NoL69/57
Article2
NoaidgrantedpursuanttothisDirectivemaybe
conditionalupondiscriminatory practicesastoproducts
originatinginotherMemberStates.However,theCommissionshallpayparticularregardto
ensurethattheaidforthebuildingofsmallspecialized
vessels,amarketsegmentnormallyservedbysmallyards,
inparticularsmallshipscostinglessthan6millionECU,
andforwhichthecompetitionismainlyinter-European ,is
keptatthelowestpossiblelevel,neverthelessallowingfor
theparticularsituationinGreece.
3.Theceilingshallbereviewedevery12months,or
soonerifwarrantedbyexceptionalcircumstances ,withthe
aimofprogressivelyreducingtheceiling.Initsreviewof
theceiling,theCommissionshallalsoensurethatthereare
noundueconcentrations ofshipbuildingactivitiesin
specificmarketsegmentstoanextentcontraryto
Communityinterests.Article3
Aidtoshipowners
1.Allformsofaidtoshipownersortothirdpartieswhich
areavailableasaidforthebuildingorconversionofships
shallbesubjecttothenotificationrulesinArticle10.
Theseaidsshallincludecreditfacilities,guaranteesandtax
concessionsgrantedtoshipownersorthirdpartiesforthe
purposesreferredtointhefirstsubparagraph .
2.Thegrantequivalentoftheseaidsshallbesubjectin
fulltotherulessetforthinArticle4andthemonitoring
procedureslaiddowninArticle11,wheretheseaidsare
actuallyusedforthebuildingorconversionofshipsin
Communityshipyards.
3.AidgrantedbyaMemberStatetoitsshipownersorto
thirdpartiesinthatStateforthebuildingorconversionof
shipsmaynotleadtodistortionsofcompetitionbetween
nationalshipyardsandshipyardsinotherMemberStatesin
theplacingoforders.4.Theceilingshallapplynotonlytoallformsof
productionaid—whetherundersectoral,generalor
regionalaidschemes—granteddirectlytotheyardsbut
alsototheaidcoveredbyArticle3(2).
i5.Thecombinedeffectofaidunderthevariousaid
schemesappliedmustinnocaseexceedtheceilingfixed
accordingtoparagraph2;thegrantingofaidinindividual
casesshallnotnecessitatepriornotificationto,or
authorizationfrom,theCommission .
However,wherethereiscompetitionbetweenyardsin
differentMemberStatesforaparticularcontract,the
Commissionshallrequirepriornotificationoftherelevant
aidproposalsattherequestofanyMemberState.Insuch
cases,theCommissionshalladoptapositionwithin
30daysofnotification;suchproposalsmaynotbe
implemented beforetheCommissionhasgivenits
authorization .ByitsdecisioninsuchcasestheCommission
shallensurethattheplannedaiddoesnotaffecttrading
conditionstoanextentcontrarytothecommoninterest.4.Theseprovisionsshallbeentirelywithoutprejudiceto
anyfutureCommunityrulesonaidtoshipowners.
CHAPTER II
OPERATING AID
6.Aidintheformofcreditfacilitiesforthebuildingor
conversionofvesselscomplyingwiththeOECDCouncil
resolutionof3August1981(Understanding onExport
CreditsforShips)orwithanyagreementreplacingthe
Resolutionshallnotbecountedwithintheceiling.Suchaid
maybeconsideredcompatiblewiththecommonmarket
providedthatitcomplieswiththeabovementioned
Resolutionoranyagreementswhichreplaceit.Article4
Contract-related productionaid
1.Productionaidinfavourofshipbuildingandship
conversionmaybeconsideredcompatiblewiththe
commonmarketprovidedthatthetotalamountofaid
grantedinsupportofanyindividualcontractdoesnot
exceed,ingrantequivalent,acommonmaximumceiling
expressedasapercentageofthecontractvaluebeforeaid,
hereinafterreferredtoastheceiling.
2.TheceilingshallbefixedbytheCommissionwith
referencetotheprevailingdifferencebetweenthecost
structuresofthemostcompetitiveCommunityyardsand
thepriceschargedbytheirmaininternationalcompetitors
withparticularregardtothemarketsegmentsinwhichthe
Communityyardsremainrelativelymostcompetitive .7.Aidrelatedtoshipbuildingandshipconversiongranted
asdevelopmentassistancetoadevelopingcountryshallnot
besubjecttotheceiling.Itmaybedeemedcompatiblewith
thecommonmarketifitcomplieswiththetermslaiddown
forthatpurposebyOECDWorkingPartyNo6inits
agreementconcerningtheinterpretationofArticles6to8
oftheUnderstanding referredtoinparagraph6ofthis
Articleorwithanylateraddendumorcorrigendumtothe
saidAgreement.

NoL69/58 OfficialJournaloftheEuropeanCommunities 12.3.87
noshipbuildingfacilitiesortoinvestmentsinaMember
State'sonlyexistingyard,providedthattheeffectofthe
yardinquestionontheCommunitymarketisminimal.Priornotificationofanysuchindividualaidproposalmust
begiventotheCommission .TheCommissionshallverify
theparticulardevelopmentcontentoftheproposedaidand
satisfyitselfthatitfallswithinthescopeoftheagreement
referredtointheprecedingsubparagraph .
3.Inaccordancewithparagraph1,investmentaidmaybe
deemedcompatiblewiththecommonmarketprovided
that:
—theamountandintensityofsuchaidarejustifiedbythe
extentoftherestructuringinvolved,
—itislimitedtosupportingexpendituredirectlyrelatedto
theinvestment .Article5
Otheroperatingaid
1.Aidstofacilitatethecontinuedoperationof
shipbuildingandshipconversioncompanies,includingloss
compensation ,rescueaidandallothertypeofoperating
aidnotdirectlysupportingparticularrestructuring
measurescoveredinChapterIII,maydedeemed
compatiblewiththecommonmarketprovidedthatsuch
aidtogetherwithproductionaidallocateddirectlyto
individualshipbuildingandshipconversioncontractsin
accordancewithArticle4(4)doesnotexceedtheceiling
expressedasapercentageoftheaidrecipient'sannual
turnoverinshipbuildingandshipconversion.4.Inexaminingtheaidreferredtoinparagraphs 1and3,
theCommission shalltakeaccountoftheextentofthe
contributionoftheinvestmentprogrammeconcernedto
suchCommunityobjectivesforthesectorasinnovation,
specialization ,workingconditions,health,safetyand
environment .
2.ItshallbeincumbentontheMemberStatestofurnish
evidenceoftheextenttowhichtheturnoverandlossesof
therecipientoftheaidresult,ontheonehand,from
shipbuildingandshipconversionand,ontheother,from
itsotheractivities,ifany,and,ifsomeoftheaidis
intendedtooffsetlossesorexpenditurearisingfromthe
restructuringmeasuresreferredtoinChapterIII,to
identifyandspecifythosemeasures.Article7
Aidforclosures
1.Aidtodefraythenormalcostsresultingfromthe
partialortotalclosureofshipbuildingorshiprepairyards
maybeconsideredcompatiblewiththecommonmarket
providedthatthecapacityreductionresultingfromsuch
aidisofagenuineandirreversiblenature.
CHAPTER III
RESTRUCTURING AID2.Thecostseligibleforsuchaidare,inparticular:
—paymentstoworkersmaderedundantorretiredbefore
legalretirementage,
—counsellingservicestoworkersmadeortobemade
„redundantorretiredbeforelegalretirementage
includingpaymentsmadebyyardstofacilitatethe
creationofsmallundertakings ,
—paymentstoworkersforvocationalretraining,
—expenditureincurredfortheredevelopment oftheyard,
itsbuildings,installationsandinfrastructure foruse
otherthanthatspecifiedinArticle1(a),(b),and(c),
—intheeventoftotalclosureofayard,theresidualbook
valueofitsinstallations (ignoringthatportionofany
revaluationsince1January1982whichexceedsthe
nationalinflationrate).Article6
Investmentaid
1.Investmentaid,whetherspecificornon-specific ,may
notbegrantedforthecreationofnewshipyardsorfor
investmentinexistingyardsifsuchaidwouldbelikelyto
increasetheMemberStates'shipbuildingcapacity.
Suchaidmaynotbegrantedforshiprepairunlesslinkedto
arestructuringplanwhichresultsinanoverallreductionin
theshiprepaircapacityoftheMemberStateconcerned.In
thiscontexttheCommissionmaytakeintoaccount
capacityreductionscarriedoutintheimmediately
precedingyears.
2.Paragraph1shallnotapplytotheopeningofanew
shipyardinaMemberStatewhichotherwisewouldhave3.Theamountandintensityofaidmustbejustifiedby
theextentoftherestructuringinvolved,accountbeing
takenofthestructuralproblemsoftheregionconcerned

12.3.87 OfficialJournaloftheEuropeanCommunities NoL69/59
and,inthecaseofconversiontootherindustrialactivities,
oftheCommunitylegislationandrulesapplicabletothe
newsectorconcerned .—theshipbuildingindustryor—shouldonlycertain
yardsbeinvolved,thoseyards—hasundertakena
systematicandspecificrestructuring programme,
aimingatcapacityreductions,whichcanbeconsidered
capableofallowingit,withinfouryears,tooperate
competitively ,
—theaidisprogressivelyreduced.Article8
Aidforresearchanddevelopment
1.Aidtodefrayexpenditurebyshipbuildingandship
repairundertakingsforresearchanddevelopmentprojects
maybeconsideredcompatiblewiththecommonmarket.
2.ForthepurposesofthisDirective,theeligiblecosts
shallbeonlythoserelatingtofundamentalresearch,basic
industrialresearchandappliedresearchanddevelopment ,
allasdefinedbytheCommissioninAnnexItothe
CommunityframeworkforStateaidsforresearchand
development {*),excludingthoserelatedtoindustrial
applicationandcommercialexploitationoftheresults.CHAPTERV
MONITORING PROCEDURE
Article10
1.InadditiontotheprovisionsofArticles92and93of
theTreaty,aidtoshipbuilding ,shipconversionandship
repairundertakingscoveredbythisDirectiveshallbe
subjecttothespecialnotificationrulesprovidedforin
paragraph2.
2.ThefollowingshallbenotifiedtotheCommissionin
advancebytheMemberStatesandauthorizedbythe
Commissionbeforetheyareputintoeffect:
(a)anyaidscheme—neworexisting—orany
amendmentofanexistingschemecoveredbythis
Directive;
(b)anydecisiontoapplyanygeneralorregionalaid
schemetotheundertakingscoveredbythisDirective;
(c)anyindividualapplicationofaidschemesinthecases
referredtointhesecondsubparagraphofArticle4(5)
andinArticle4(7)orwhenspecificallyprovidedforby
theCommissioninitsapprovaloftheaidscheme
concerned .CHAPTERIV
SPAINANDPORTUGAL
Article9
1.ChapterIIofthisDirectiveshallbeapplicableneither
inSpainnor,subjecttoparagraph3ofthisArticle,in
Portugal.
2.Operatingaidforshipbuildingandshipconversionin
Spainmaybeconsideredcompatiblewiththecommon
marketprovidedthat:
—Spain'sshipbuilding industryhasundertakena
systematicandspecificrestructuring programme,
includingcapacityreductions,whichcanbeconsidered
capableofallowingit,withinfouryears,tooperate
competitively ,
—theaidisbeingprogressivelyreduced.Article11
1.FortheCommission'smonitoring ofthe
implementation oftheaidrulescontainedinChaptersII
andIII,MemberStatesshallsupplytheCommissionforits
exclusiveusewith:
—currentreportsoneachshipbuilding andship
conversioncontractatthetimeoforderingand
completioncontainingdetailsofthefinancialcontract
support,inaccordancewiththeformsetoutinthe
annexedschedule1,
—six-monthlyreports—tobeprovidedby1Octoberand
1Aprilinrespectoftheprecedinghalfcalendaryears
—onaidgrantedtoshipowners,inaccordancewith
theformsetoutintheannexedschedule2,
—yearlyreportsgivingdetailsoftheannualresultsof,
andtotalfinancialsupportgrantedto,eachindividual
nationalshipyardwhichhasreceivedaid,inaccordance
withtheformsetoutintheattachedschedule3,3.ThePortugueseRepublicwillbesubjecttoallthe
provisionsofthisDirective.However,Portugalmay,at
anytimebefore31December1987withimmediateeffect,
oratthelatestby29February1988,witheffectfrom
1January1988,optforbeingexemptedfromtheruleslaid
downinChapterIIeithergenerallyorasregardscertain
yards.ShouldPortugalchoosethisoption,operatingaid
forshipbuildingandshipconversionmaybeconsidered
compatiblewiththecommonmarketprovidedthat:
O)OJNoC83,11.4.1986,p.2.

NoL69/60 OfficialJournaloftheEuropeanCommunities 12.3.87
1January1987whichrelatetoactivitiesinitiatedbefore
thatdateandonwhich,bythedateonwhichthisDirective
entersintoforce,noCommission decisionhasbeen
taken.—yearlyreportsontheattainmentoftherestructuring
objectivesasregardstheundertakings whichhave
receivedaidaccordingtoArticles6,7and9,in
accordancewiththeformsetoutintheannexed
schedule4.
2.Onthebasisoftheinformationcommunicated toitin
accordancewithArticle10andparagraph1ofthisArticle,
theCommissionshalldrawupanannualoverallreportto
serveasabasisfordiscussionwithnationalexperts.This
reportshallstateinteraliathelevelofcontract-related aid
andotheroperatingaidgrantedineachMemberState
duringtheperiodinquestion,andboththetotalvolumeof
restructuringaidawardedandtheprogressmadetowards
theattainmentoftherestructuring objectivesineach
MemberStateduringthesameperiod.2.TwoyearsafternotificationofthisDirective(J)the
CommissionshallreporttotheEuropeanParliamentand
theCouncilonitsapplicationandproposeanynecessary
adjustments .
Article13
ThisDirectiveshallapplyfrom1January1987to
31December1990.
Article14
ThisDirectiveisaddressedtotheMemberStates.CHAPTERVI
FINALPROVISIONS
Article12
1.ThisDirectiveshallreplaceCouncilDirective
81/363/EEC.
Theprovisionsoftheaforementioned Directiveshall,
however,remainapplicabletoaidprojectsnotifiedbeforeDoneatBrussels,26January1987.
FortheCouncil
ThePresident
L.TINDEMANS
(')ThisDirectivewasnotifiedtotheMemberStateson
5February1987.

ANNEX
Schedule1
REPORTOFMERCHANT SHIPORDERSANDCOMPLETIONSEUROPEAN ECONOMIC COMMUNITY
Section1:ContractdetailsSection3:Financialarrangements
1.Newbuilding/conversionCurrenceECU
(Prevailing
rate)%of
contract
price
2.Company 3.Yard 4.YardNo
5.Registeredowner
6.Holdingowner
7.Vessel'scountryofregistration12.3.87 OfficialJournaloftheEuropeanCommunities NoL69/6114.Contractprice
15.Estimatedcontractloss(ifany)
16.Contractsupport
A.Grantedtoyard:
(a)grants
(b)creditfacilities
(c)specificfiscalconcession
(d)othersupport
B.Grantedtocustomeror
ultimateowners:
(a)grants
(b)creditfacilities
(c)fiscalconcession
(d)othersupport8.Datecontractsigned 9.Completion/deliverydate
Section2:Shipdetails
10.Typeofvessel
11.Deadweight
12.Grosstonnage(GT)Contactforinquiries Date:
13.Compensatedgrosstonnage(CGT)
Position: Signature:

Schedule2
EUROPEAN ECONOMIC COMMUNITY
REPORTONAIDTOSHIPOWNERS FORACQUISITION ORCONVERSION OFSHIPSNoL69/62 OfficialJournaloftheEuropeanCommunities 12.3.871 2 3 4 5
Case IdentificationAidgranted
Monthof
aidgrantingAcquisitionorconversioncontractconcerned
Form Volume Details ShiptypeTonnage
(CGT)Performingyard
Country Name
1
2
3
4
5
6
7
8
9
10
Contactforinquiries: Date:
Position : Signature:

Schedule3
REPORTOFCOMPANY FINANCIAL SUPPORTEUROPEAN ECONOMIC COMMUNITY
Nameofcompany
Section1:PublicaidSection2:Turnoverandprofit/(loss)(tobefilledinforallcompanieshavingreceiveddirect
productionaid)
OperatingaidContractvalue(1)
Costs/loss(2)Directaid
receivedIndirect
aidsupport
(ofsched.1)Most
recentyearPrevious
10.Turnover
11.Hereofrelatedtomerchantshipbuildingandship
conversion
(a)relatedtocontractsconcludedbefore1January1987
(b)relatedtocontractsconcludedafter1January1987
(c)hereofrelatedtodevelopmentassistancetodeveloping
countries
12.Losses(ifany)
13.Hereofrelatedtomerchantshipbuildingandship
conversion
(a)relatedtoprofit/(loss)oncontracts
(b)relatedtomovementinprovisions
(c)relatedtorestructuringexpenditures1.ContractSupport
(a)relatedtocontractsconcluded
before1.1.1987
(b)relatedtocontractsconcluded
after1.1.1987
(c)hereofrelatedtodevelopment
assistance todeveloping
countries
2.Paymentofotheroperationcosts,
inclusivelosscompensaion and
rescueaid(cf.Article5)12.3.87 OfficialJournaloftheEuropeanCommunities NoL69/63Restructuring aid CostsAid
received
Section3:Cashflow(tobefilledinforallcompanieswhichhaveregisteredlossesunder
12andhavereceivedfundingfromonypublicsources)3.Investments
4.Redundancypayments
5.Othercashclosurecosts
6.Assetdisposalcosts/receipts
7.Conversioncosts
8.Researchanddevelopmentcosts
9.OtherrestructuringcostsMost
recentyearPrevious
Expenditures
14.Tradinglossesbeforedepreciation
15.Capitalexpenditure
16.Otherexpenditures
17.Otherchangeinworkingcapital
SourceofFunds
18.Equityreceipts
(a)frompublicshareholders
(b)fromprivateshareholders
19.Loansandoverdrafts
(a)frompublicsources
(a')hereofcontractsupport
(b)fromprivatesources
(b')hereofwithstateguarantee
20.Governmentgrants
(a)hereofcontractsupportContactforinquiries: Date:
Position: Signature:

NoL69/64 OfficialJournaloftheEuropeanCommunities 12.3.87
Schedule4
EUROPEAN ECONOMIC COMMUNITY
REPORTOFMERCHANT SHIPYARDFACILITIES ANDEMPLOYMENT
Section1:Facilities Date: Company:
1.Berth/dock/pad 2.Currentuse 3.Size 4.Capacity
Section2:Merchantorderbook Date:
5.BerthNo 6.ShipNo 7.Shiptype 8.CGT 9.Completiondate
10.Totalneworders... 19 Number CGT
11.Totalcompletions.. 19 Number CGT
Section3:Shipbuildingemployment Date:
12.Byactivity 19.Byoccupation
13.Merchant 20.Manual
14.Offshore 21.Staff
15.Naval 22.Totalmerchant
16.Repair 23.Subcontractors
17.Other
24.Netchangeinemployment
18.Total
25.Totalman-hoursfortheshipyard
26.Hereofformerchantshipbuildingandconversion
Contactforenquiries: Date:
Position: Signature: