ARCHIVESHISTORIQUES
DELACOMMISSION
COLLECTION RELIEEDES
DOCUMENTS "COM"
COM(82)105
Vol.1982/0038

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COMMISSION OFTHEEUROPEAN COMMUNITIE
COM(82)105final
Brussels,11March1982
Amendmenttotheproposalfora
COUNCILREGULATION (EEC)
settingthetimelimitandconditionsfortheachievement of
financialbalancebyrailwayundertakings
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(Presented bytheCommission totheCouncil
pursuanttothesecondparagraphofArticle
149oftheEECTreaty)
C0M(82)105final

EXPLANATORY MEMORANDUM
On20January1981,theCommission placedbeforetheCouncila
proposalforaRegulation settingthetimelimitandconditions for
theachievement offinancialbalancebyrailwayundertakings (1).
On16October1981,Parliament approvedthisproposalsubjectto
anamendmentconcerning thedefinition offinancialbalancewhichit
considersshouldbeassessednot"annually"but"takingoneyearwith
another"inordertoallowfornormaltradefluctuations inamarket
whichisconstantly changingundertheinfluenceofdiverseeconomic
factors.
PursuanttothesecondparagraphofArticle149oftheEECTreaty,
theCommission isherebyamendingtheabove-mentioned proposalfora
Regulation .
<1)OJNoC37of20.2.1981,p.7.

Amendmenttotheproposalfora
COUNCILREGULATION (EEC)
settingthetimelimitandconditionsfortheachievementoffinancial
balancebyrailwayundertakings
Preamble,recitalsandArticle1unchanged
Artiilt'2 Article2
Within,tlu-meaningofthisRegulation,financial
luLiineinrespectoirailwayundertakings shallbe
.ISM,s.\lInrclcreucclotheirpro,itamilossaccounts.It
-.liailcorrespondtoasituationinwhich,takingaccount
otallitsactivities,theexpensesofarailway
undertakingarccoveredbvitsrevenueeachyear.WithinthemeaningotthisRegulation,financial
balanceinrespectofrailwayundertakings shallbe
assessedbyreferencetotheirprofitandlossaccounts.It
shallcorrespondtoasituationinwhich,takingaccounr
ofallitsactivities,theexpensesotarailway
undertakingarecoveredbyitsrevenuetakingoneyear
withanother..-
Articles3to5andannexunchanged