ARCHIVES HISTORIQUES 
DE LA COMMISSION 
 
 
 
COLLECTION RELIEE DES 
DOCUMENTS "COM" 
 
 
 
 
COM (83) 493 
 
 
 
Vol. 1983/0 187 
  
 
Disclaimer  
Conformém ent au règlement (CEE, Euratom) n° 354/83 du Conseil du 1er février 1983 
concernant l'ouverture au public des archives historiques de la Communauté économique 
européenne et de la Communauté européenne de l'énergie atomique (JO L 43 du 15.2.1983, 
p. 1), tel que modifié par le règlement (CE, Euratom) n° 1700/2003 du 22 septembre 2003 
(JO L 243 du 27.9.2003, p. 1), ce dossier est ouvert au public. Le cas échéant, les documents 
classifiés présents dans ce dossier ont été déclassifiés conformément à l'article 5 dudit 
règlem ent. 
In accordance with Council Regulation (EEC, Euratom) No 354/83 of 1 February 1983 
concerning the opening to the public of the historical archives of the European Economic 
Community and the European Atomic Energy Communit y (OJ L 43, 15.2.1983, p. 1), as 
amended by Regulation (EC, Euratom) No 1700/2003 of 22 September 2003 (OJ L 243, 
27.9.2003, p. 1), this file is open to the public. Where necessary, classified documents in this 
file have been declassified in conformity with Article 5 of the aforementioned regulation. 
In Übereinstimmung mit der Verordnung (EWG, Euratom) Nr. 354/83 des Rates vom  1. 
Februar 1983 über die Freigabe der historischen Archive der Europäischen 
Wirtschaftsgemeinschaft und der Europäischen Atomgem einschaft (ABI. L 43 vom  15.2.1983, 
S. 1), geändert durch die Verordnung (EG, Euratom) Nr. 1700/2003 vom 22. Septem ber 2003 
(ABI. L 243 vom 27.9.2003, S. 1), ist diese Datei der Öffentlichkeit zugänglich. Soweit 
erforderlich, wurden die Verschlusssachen in dieser Datei in Übereinstimmung mit Artikel 5 
der genannten Verordnung freigegeben. 
COMMISSION 
OF" THE 
£üROPEAN  COMMUNITIES 
General Secretariat COM(83) 493 fina 
irussels, 8 September  1983 
FOR-  OFFICIAL  USE  ONLY 
COMMUNICATION  FROM THE COMMISSION  TO THE  COUNCIL 
Request for the assent of the  Council under  Article 54 2nd  paragraph  of 
the ECSC Treaty to the co-financing  of the  conversion  from oil or gas 
to coal  firing in seven plants  belonging  to Dunlop Limited 
COM(83) 493 final 

For official  use only 
Note to the Council 
Subject : Request  for the  assent of the Council  under  Article  54 2nd 
paragraph  of the ECSC  Treaty to the co~financing  of the  conversion 
from oil or gas to  coal firing in seven plants belonging  to 
Dunlop Limited. 
Amount of the loan : £ 1.0 m  (approximately  ECU) 
Borrower  : Dunlop  Limited 
I 
\ 
Description  of the project : 
The Company  "plans to reduce its dependence  on oil and gas  for its  energy 
requirements.  As an  initial  step replacement  of boilers at seven sites is 
planned..In  each case an existing  boiler  will be retained  as a standby 
facility. 
The project  which  will take throe years to complete  has estimated costs 
as follows  : . 
a) Boilers  and ancillary  plant  664,661 
1D) Coal/ash  handling plant  .  684,542 
c) Mechanical,  Elcctrical  and Chimney  installations  299»607 
d) Civil,  Building  and Mischellaneous  Works  2  73,704 
e) Contingency  9^,175 
2,018,689 

-2~ 
Dunlop Holdings Pic 
Summary of consolidated  "balance  sheets 
Assets employed 
Fixed assets 
Investments 
Current assets 
Stocks 
Debtors 
Bank cash I98O 
£ m 
313 
134 1981 
£ m 
332 
46 
307 
273 
40 
620 352 
311 
46 
709 
Current  liabilities 
Creditors 
Taxât ion 
Dividends 
Overdraft  s 292 
22 
5 
64 
383 346 
25 
6 
135 
512 
Net current assets 237 
684 197 
,575 
Financed  by 
Ordinary shares 
Share premium 
Reserves 
Ordinary shareholders funds 
Preference shares 
Minorities  . . 
Total shareholders funds 
Deferred  tax 
Debentures  etc. 
Deferred  proceeds  for sale of 
subsidiary 69 
47 
119 
235 
15 
166 
416 
4 
264 72 
48 
133 
253 
15 
73 
341 
6 
288 
(60) 
684 575 
7783/83 M 

_3-
Assessment  . 
The Member  States of the  European  Community  have set themselves  the 
objective of reducing their  dependence  on oil imports. The  European  Council 
of 27 and 28 April  I98O in Luxembourg  and the  Western  Economic  Summit  of 
22 and 23 June I98O in Venice  put out  very precise  statements  on this 
subject and expressly  recommended  a return to coal* 
In a communication  transmitted to the Council on  11 May 1981 the Commission 
examined  the scope for replacing oil by coal in  "other  industry" (i.e. all 
branches  of industry  except  the energy  sector, the steel industry and 
small industry and. crafts) and  went into the  problems  involved. 
The Commission  considers that conversion to coal in  "other  industry"  should 
be encouraged  by additional  measures  at national and  Community  levels. 
The project to be co-financed is in  line with the general  energy  policy 
of the Community,  At the same time one of its direct results  will be to 
provide an additional  market  for ECSC coal, ! 
Tho proposed  investment  programme  is therefore  alrjo in lino uith the 
provirjionfj  of Article  54, 2nd  paragraph,  of the ECSC Treaty. · 1 
Thir project  falls within the  scope.of  the decision of the  Commission 
to grant Iodic at a  reduced  rate of interest for djavoctsiontc. ainod at 
promoting-  the consumption  of••€o;.r;.^it;.- coal-.-(0..J. ITo 343 of 31  December  1982) 
It is- therefore  proposed  that the loan bo grentoci. with an intex.est rebate. 
7783/83 Eff