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COM (84) 0 01 
 
 
 
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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 Econom ic 
Communit y and the European Atom ic 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. 
COMMISSSON O F THE EUROPEAN COMMUNITIES
COM(84 ) 1 final
Brussels, 10 January 1984
Fourth biennial R eport o n  the econom ie a n d  financial situation. 
of railway undertakings 
(Article 1 4  of Decision 75/327/E E C )
1 9 7 9  - 1981
(submitted to the Council by the Commission)
COM(84) 1  final

-  1 -
I. I N T R O D U C T I O N
1. Article 1 4  of the Council Decision of 20 M a y  1975 on the improvement of 
the situation of raiIway undertakings and the harmonization of rules
1governing relations between such undertakings and States (75/327 E E C ) 
provides
"Every tw o years, the Com m ission shall submit to the Council a  report on 
the implementation by M e m b er States of this Decision and of Regulations 
(E E C ) N o. 1191/69, (E E C ) N o. 1192/69 and (E E C ) N o. 1107/70. T he report 
m ust clearly indicate the results achieved, with particular regard to 
any change in the financial situation of the raiIway undertakings."
2. T o  facilitate comprehension and maintain continuity, this fourth biennial
(covering years 1979-81) report follows a  similar format to previous years
except that the figures used in A nnex I b  are taken directly from  the
Transposed Accounts of RaiIway Undertaking communicated annually to the
2Com m ission under the provisions of Regulation (E E C ) N o. 2830/77 .
3. B y  w ay  of introductión and, to so m e extent, to provide a  framework for 
this report, it is appropriate to recall the m ain ideas for rai Iw ay  
policy development set out in the Commission's policy docum ent - Progress 
towards a C o m m o n  Transport Policy (Inland Transport) - of February 1983 . 
T he docum ent lays d o w n  a  num ber of guidelines for future progress in 
achieving a  c o m m o n  transport policy. These policy guidelines m a y  be 
summarized as :
- increasing the productivity and cost effectiveness of the transport 
system,
- avoiding a  drifting apart of national transport policies,
- identifying the appropriate level and the public agencies w hich can 
m ost effectively deal with the issues in question,
- taking due account of the geographical and economie diversity of M e m b e r 
States and the consequent differing interests,
- taking account of external threats to the internal organization of the 
market.
1  0J L  152 of 12.06.1975
2  0 J L  334 of 24.12.1977
3  C 0 M  (83) 5 8  final

-  2 -
4. Within these policy development guidelines the report continues ”... the 
challenge is to contribute, at the level of the Com m unity, to the creation 
of conditions conducive to reducing the financial burdens of the raiLways 
w hiL e in turn allowing road transport and inland waterways to develop in 
accordance with their proper economie dynamics ... the raiLways are likely 
to be helped m ore by improving the efficiency and attractiveness of the
raiLway services and in helping them  to adjust to present and future market 
needs than by tightening or even maintaining the present restrictions on 
other forms of transport."
5. T o  this end C om m unity raiL policy shall aim  at :
- improving cooperation between raiLways by removing obstacles, inspiring  
c o m m o n  Solutions and helping to coordinate where coordination is ne-  
cessary,
- making the relationship between government and railway undertaking fully 
transparent,
- fostering the development of all forms on inter-modal cooperation, notably 
combined transport,
- removing distortions between m odes arising from provision, maintenance 
and charging of infrastructure.
6. It is against this background and aims that the objectives of this report 
should be appreciated :
- improve the transparency of State financial interventions,
- report on the financial development and situation of raiLway undertakings,
- relate progress m ade in improving cooperation between railway under­
takings,
- examine actions taken to and future plans for improving the railways 
situation.

- 3  -
7. T he report is presented in tw o parts :
1Regulation (E E C ) N o  1191/69 on public service obligations 
Regulation (E E C ) No.1192/69 on normalization of raiIway accounts 
Regulation (E E C ) N o  1107/70 on Aids to Transport
20J L  152 of 12.06.1975- P A R T  I, with the above objectives in view,
(a) com m ents upon the application of C om m unity Regulations governing
1State financial interventions (transparency)
(b) reports upon the actions taken and being taken at both C om m unity 
and national levels to implement the provisions of Council Decision 
75/327/EEC2.
- P A R T  II is devoted to an analysis of the financial and economie evolution
of raiIway undertakings.

- 4  -
P A R T  I
(A ) Application of C om m unity Regulations (E E C ) N o. 1191/69, (E E C ) N o. 1192/69 
and (E E C ) N o. 1107/70
8. These regulations provide the framework for governing State financial inter- 
ventions to transport undertakings and are an important instrument in 
assuring transparency of State/RaiIway relationships. A  full breakdown of 
State financial support to raiIway undertakings is provided in A nnexe I (a) 
to this report. A n  analysis of State financial interventions is found in 
Part II of the report.
9. There have been no modifications either to the legislative provisions of the 
regulation 1191/69 of 1192/69 nor to the methods of their application in the 
M e m b er States since our third Biennial Report . Regulation 1107/70 on Aids 
to Transport w as modified by Regulation N o. 1658/82 of 29 June 19822, thus 
facilitating development of combined transport and multimodal operations.
10. It should be noted, however, that the current economie recession has pro- 
moted, in m an y  M em b er States, major reviews of the financial support given 
to railway undertakings resulting in stricter financial Controls and disci­
pline. This is evidenced by the increase in the num ber of services to be 
terminated, introduction of 'financial ceilings' in resource budgeting, greater 
concentration on market requirements and serious study of 'contractual arrange- 
ments between raiIways and local/regional authorities for the provision of 
transport services. It is too early yet to assess the consequences and impli- 
cations of such actions on the application and need for revision of C om m unity 
legislation on State financial support.
11. T he Com m ission shall monitor developments in this area and present proposals, 
in due course, to adapt C om m unity legislation to the changed context.
1C 0 M  (83) 188 fin.
20J L  184/1 of 29.6.1982

- 5  -
(B ) Implementation of the provisions of Decision 75/327/EEC
12. This section of the report is devoted to progress m ade to implement the 
specific provisions of the Decision by
- M em b er States,
- the Com m unity,
- the Com m unity, M e m b er States and National Bodies.
Actions undertaken by M em b er States
13. ImpLementation of the Decision
Article 16 provides that "as soon as possible and not later than 1.1.1977,
M em b er States shall, after consultation with the Commission, give effect 
by law, regulation or administrative action, to such provisions as m a y  
be necessary for the implementation of this Decision". All M e m b e r States with 
the exception of Italy have n o w  m ade the necessary provisions to implement the 
Decision. N e w  proposals submitted to the Com m ission by the Italian government 
to restructure the railway's organisation in line with the Decision's provisions 
are under consideration. A  Com m ission opinion will be given before the end 
of 1983.
14. Business and Financial Program m es
Article 3  of the Decision provides :  "... each raiIway undertaking shall, — ,
submit its business plans, possibly covering a num ber of years, including its
investment and financing programmes within the framework of the overall policies
laid d o w n  by the State and taking account of national transport planning, parti-
cularly with regard to infrastructure". T he importance which the C om m ission
attachés to these plans as an instrument to improve the situation of raiIways
1is stated in previous reports . The Com m ission recognises that, in the current 
economie situation and in view of current appraisals being undertaken in M e m b e r 
States on the role and structure of raiIways, long term planning is difficult.
C O M  (77) 297 final and C O M  (79) 447 final1

-  6 -
H ow ever it urges M em b er States and raiIway undertakings, once national 
priorities and policies have been resolved, to establish and communicate 
multi-annual activity, financial and investment programmes to the C om m is- 
sion to ensure coordinated action, encourage and promote cooperation and 
preclude national policies drifting further apart.
15. A  sum m ary of plans received is given below :
16. D enm ark - D e  D anske Statsbaner
This plan covers the period 1982-1988 and is conceived within the Danish 
State RaiIways "Plan 1990". During this period dem and forcasts for passen­
ger transport envisage doubling of passengers using D S B  services. B y  the 
end of 1982 compared with 1979 the increase in the metropolitan area is 
10 %  and in the rest of the network 2 5  % .
T he annual increases are forecast to be m ore moderate than in the fore- 
going years for example in the metropolitan area is forecast to 2  %  p.a.
T he D S B  m ust note a  negative development in goods traffic (- 9  %  1979-81) 
which first and foremost is a  result of the economie standstill. T he 
D S B  does not expect any increase in the planning period.
T he ferry traffic has increased their numbers of passengers and private 
cars in the past tw o years (3-4 %  per annum ) following the increase in 
the passenger traffic and decreased the numbers of lorries and the goods 
following the decrease in the overall goods traffic.
T he investment plan for the period (in millions D K R  at 1.1.1982 prices) 
will am ount D K R  7503 millions including
D K R  2  858 millions (38 %  of total investment) for passenger services,
D K R  352 " ( 5  %  " " ) for goods servi ces,
D K R  666 " ( 9  %  " " ) for the ferries
D K R  880 " (12 %  " " ) for the electrification schem e
D K R  825 " (1 1  %  " " ) for rolling stock.

- 7  -
T he State support is forecast to fall from  D K R  2  854 millions in 1983 
( D K R  1  366 millions for operations and D K R  1  488 millions for investments) 
to so m e D K R  2  2 7 1  millions in 1988 ( D K R  1  105 for operations and 
D K R  1  166 millions for investments).
Without any increase in the need for m ore staff it is forecast to 
recruite 1  100 - 1  200 persons per year in the period this should 
balance out the natural falling out.
17. France - Société Nationale des Chem ins de Fer francais (S N C F )
T he 1937 convention governing State/raiIway relationships in France ex- 
pired on 3 1  D ecem ber 1982.
After having adopted "la loi orientation" on w hich the Com m ission gave
1a favourable opinion , the French government consulted the Com m ission o n  
" le Cahier de charges" for the S N C F .
T he Com m ission gave its favourable opinion on the n e w  provisions on 
1 3  September 1983. In its opinion the Com m ission drew the French 
government ' s attention to the necessity of complying, in view of 
the implementation of the cahier des charges, with Article 8, 1 5  
and 14 of the Council decision n° 75/327/EEC.
Further, the attention of the French government w as draw n to the 
orientations indicated in the Commission's communication to the 
Council of 9.2.1983. Art. 1 4  of "la loi d'orientation" provides for 
the S N C F  and the government to agree multi-annual business plans. T h e 
French G overnm ent has announced that it will submit those plans as soon 
as possible.
1. O J  N o  L  3 6 1  of 22.12.1982, p. 27.
2. C 0 M C 8 3 ) 58 final of 9.2.1983.

-  8 -
18. T he FederaL RepubLic of G erm any - Deutsche Bundesbahn (D B )
T h e organisation and activities of the Deutsche Bundesbahn are currently 
under review. T he outcome of this review is yet unknow n therefore L ong­
term planning is precluded. T he G erm an government has therefore com m uni- 
cated a short M em o ran d u m  on economie and financial estimates for 1983 
only.
In this year L o n g  distance traffic is expected to increase by so m e 2  % , 
whiIst a short distance will be declining. W a g o n  L o ad  goods traffic is 
estimated to increase from 295 million tonnes to 305 million tonnes.
Self generated revenues from passenger and goods traffic are expected to 
rise to D M  1 5  980 million, other self generated revenues should am ount to 
D M  2  509 millions. Expenditure for staff is expected to increase to 
D M  20 983 millions taking account of a  salary increase amounting to 
D M  715 millions and of a  staff reduction by 6  740 persons employed. 
Expenditure for material running costs are expected to increase to 
D M  4  940 millions. Compensation under E E C  regulations is estimated at 
D M  9 570 millions and the DB's deficit to be D M  4  680 millions. Investment 
for the year is forecast at D M  4  800 millions, out of w hich 3  500 million 
are covered by State commitments for investment and D M  270 millions can be 
financed by construction loans from  third persons.
Interest charges will increase from D M  3  000 millions to D M  3  200 millions.
N e w  debt will be D M  2  770 millions which leads to total debts of 
D M  38 600 millions. This is partially due to the fact that the cash loss 
of D M  2  225 millions will only be covered by liquidity payments from the 
state amounting to D M  410 millions.
19. Italy - Ferrovie dello Stato (FS)
T he activity programmes of the Italian raiIways continue to reflect a  
m ore market-orientated approach. Studies have first been completed on 
catering facilities aboard trains, car/train operations and local passen­
ger services. International traffic is also being examined particularly

- 9  -
the relation UK-Benelux-Switzerland-Austria. In the freight sector there 
is to be a thorough examination of services to determine current and po- 
tential internat customer requirements as welt as international transport 
to France and Austria. Studies have atso begun into the tariff system. 
C om bined transport is continuing to be developed particularly for inter­
national transports.
Investment plans, 1 2  450 m rd of lira, aim  at improvement and moder- 
nisation of the infrastructure and improving safety standards for 1981-85= 
Important finance, 662 m rd lira, is earmarked in 1982 for lines carrying 
passengers to the frontier. N e w  rolling stock and electrification projects 
are also high on the list of priority.
20. Luxem burg - C hem ins de Fer Luxembourgeois (C F L )
T he Luxem burg government communicated to the Com m ission CFL's operating 
budget for 1983 and the provisional investment plan for 1983-1987, with 
specific reference to the program m e and budget for 1983.
C F L  envisage receipts fo 7  326 million francs for 1983. Passenger services 
are expected to contribute 326 million francs, freight 1  504 million francs, 
miscellaneous 88 million francs and State support so m e 5  400 million francs. 
State support is expected to represent so m e 72 %  of CFL's incom e for 1983. 
Expenditure are estimated at 7  6 1 1  million francs thereby resulting in a  
deficit of 285 million francs, an increase of 48 %  over 1982.
CFL's investment program m e for 1983-1987 amounts to so m e 6  419 million 
francs for reriewal. Budgeted expenditure for 1983 amounts to 925 million 
francs of which 513 million francs is for n e w  investment and 412 million 
francs is for renewal.
21. Netherlands - Nederlandse Spoorwegen (N S )
Business and Financial Plans of the N S  (1982-1985) distinguish between tw o 
sectors of activity - passenger and goods transport and m ust be seen within 
the context of the uncertain economie situation and the serious budgetary 
position of the Dutch government.

-  10  -
T he Governments 1984-1987 "Fare Plan", which at the time of writing, has 
stilt to be approved by the Dutch Parliament provides for a  3  %  annual 
fare increase over and above the annual inflation rate. Forecasts, taking 
this plan into account, indicate that dem and will remain constant at 
9.4 milliard passenger kilometres over the period 1982-1985. Investment 
in the passenger sector over the sam e period by N S  is forecast at 
H F L  2  644 million w h i Ist Governm ent plans for investment in n e w  lines 
and relieving bottlenecks amounts to H F L  1  073 million. O ver the period 
(using 1982 prices) self generated revenue is expected to increase slight- 
ly from H F L  1  0 1 1  million to H F L  1  022 million and State compensation is 
forecast to increase from H F L  878 million to H F L  938 million.
In the freight sector N S  expects the num ber of tons carried to increase 
from 18.4 million to 19.2 million over the period of the plan whilst ton- 
kilometres are forecast to remain constant at 2.8 milliard. Revenue is 
expected to fall slightly from H F L  269 million to H F L  267 million but 
State support is forecast to fall sharply from H F L  197 million to 
H F L  140 million. Investment, in rolling stock and infrastructure, (at 
1982 prices) is expected to am ount to so m e H F L  259 million over the 
period 1982-1984.
22. United K ingdom  - British RaiIway Board (B R B )
In the past twelve months B R B 's activities and performance have been sub­
ject to review. T he findings are set out in the Peat, Marwick, Mitchell 
and C o . report on improving B R B 's trading results by increased efficiency, 
cost reduction and improvements in financial control and the Serpell 
report on the finance of the raiIway.. . . . . .  and on options for alternative
policies .............  designed to secure improved financial results. Therefore
no
 agreed corporate plan has been produced. T he figures quoted below are 
taken from the draft plan drawn up by B R B , using their usual planning 
procedures for submission to the Serpell Committee but have not been 
accepted by either the Board of the Government. T he plan covers the period 
1982-1985 and relates to BR's five m ain sectors of raiIway activity.

-  11 -
Whilst forecasts on future dem and for railway passenger services are 
unavailable, trends over the years 1975-1981 (using passenger m i  L es­
m i LLions) sh o w  an increase of 1 2  %  for Inter-City services, a  decline of 
9  %  for L ondon and the South-East sector and maintained Levels for provin- 
cial services. Financial forecasts for the future indicate that Inter-City 
services are expected to reduce their deficit from  U K L  2 3 1  million in 1 982 
to U K L  1 1 1  million in 1985. Revenue is expected to increase from  U K L  337 
million to U K L  439 million with expenditure falling from  U K L  568 million 
to U K L  530 million. T he London and South-East sector is expected to increase 
revenue from  U K L  440 million to U K L  543 million over the period whilst costs 
are forecast to rise from  U K L  782 to U K L  835 million. T he deficit is fore- 
cast to fait from  U K L  342 million to so m e U K L  278 million. T h e deficit o n  
provincial services is expected to increase from  U K L  489 million to U K L  
510 million.
BR's freight carryings declined from  209 million tonnes in 1970 to 1 5 4  
million tonnes in 1 9 8 1  and their market share has fallen from  2 1  %  in 
1970 to 1 4  % in 1981. This reflects both the development of road haulage 
and changes in the U K 's industrial base - decline in the importance of 
coal, coke and steel. Future trends are not fully quantified but tradi­
tional markets are expected to decline with the exception of Aggregates 
and Building Materials. B R  will withdraw completely from  traditional 
w aggon load services by 1984 as "Speedlink" is developed. In 1981, 3.5 
million tonnes of freight (som e 2  %  of BR's total tonnage) w ere carried 
by Speedlink but this is expected to rise to 9.8 million tonnes by 1986.
B R , in their 1982 Freight Business Forecast does not expect the business 
to break-even until 1986. A  loss of U K L  34 million (1982) is forecast to 
becom e a profit of U K L  7  million by this date. BR's parcel business contri- 
butes about 7  %  of the railway's total revenue. This is a  highly competitiv 
market and future prospects are not quantified.
B R  plans to invest a  total of U K L  1  983 million (1982 prices) over the 
period 1 9 E E -1 9 8 6  of w hich U K L  734 million will be Capital investment,
U K L  717 million revenue investment and U K L  532 million for continuous 
welded rail project.
O ver the period 1982-1986 B R  are expecting to reduce m anpow er around 
140 000 from its present 162 000.

-  12  -
23. Greece - Organism es Siderodromon Etlados (O S E ?
G reek railways intend to pursue a m ore dynam ic commercial approach to 
railway m anagem ent including improved market research and marketing and 
competitive pricing policies. It is planned to invest so m e 39 000 million 
drachm as (at 1982 prices) over the period 1983-1987 in line modernization 
(construction of second tracks, automatic signalling, electrification, 
rolling stock).
Operating expenditure for the 1983 financial year is estimated at so m e 
D R S  16 000 million, an increase of 24 %  over 1982. Operating receipts 
are forecast at D R S  7  400 million, an increase of 34 %  over 1982, accounted 
for by a planned 20 %  increase in fares and an expected 20 %  increase in 
goods traffic. State support is estimated at D R S  8 000 million, w hich in- 
volves an increase of 17 X  over 1982.
Ii

- 13 -
General C o m m en ts on the Business Plans
24. T h e business plans received reveal the concern in M e m b e r States with 
the increasing resources consum ed by railways. Review s of the existing 
situation are on-going in the majority of M e m b e r States with a  view
to attaining better value for m o n ey  from  their railway operations b y  a  
m ore productive and cost effective approach to m anagem ent of the railways 
(reduction of services and service levels) and improved productivity b y  
organisational changes and/or investment.
25. T he Commission, whilst cognisant, of the difficult current and conjec- 
tural social and economie conditions, considers that these M e m b f e r  States 
which have not furnished their plans should, in future, ensure that multi- 
annual business and financial plans are submitted in accordance with the 
Council Decision. If the future of C om m unity railway services are to b e 
assured by joint and coordinated action, communication of individual plans 
and their financial implications m ust surely becom e m ore essential.
26. Actions undertaken jointly by national and C om m unity bodies
Article 1 1  §  1  provides that "M em b er States shall, in conjunction with
the Commission, investigate measures likely to promote cooperation am o n g  
railway undertakings". In pursuit of this objective the Com m ission has - 
over the period 1980-82 - submitted to the Council an action program m e 
for railway cooperation(1) together with a docum ent draw n up b y  the rail­
w ays themselves entitled "Railway Cooperation - Evolution, Outlook, 
Priorities"(2) and has informed the Council on progress achieved in
(1) D oe. C 0 M C 8 2 ) 237-Final.
(2) D oe. S E C (82)77
(3) D oe. C0MC82)848-Final.
(4) D oe. C0MC83)347-Final.
(5) O.J. L  234/5 of 9.8.1982.
(6) Approved at the Council Meeting of 7  June, 1983. N o t published.implementing this program m e in reports of 14.12.1982^ and 10.6.1983(4)
T o  date the Council has adopted a  Decision on the pricing of international 
raiLwav aoods transoort^ and a Decision on the commercial autonom y of
(6)railways in the m anagem ent of international passenger and luggage traffi

~ 14 -
27. T he Com m ission has also submitted the foLLowing proposals for Council 
Recom m endation on
- strengthening raiIway cooperation in the commercial m anagem ent of inter- 
national passenger and goods transport by rail ,
- technical matters concerning operation and internal barriers to the
2Crossing of frontiers affecting the international carriage of goods .
28. T he Com m ission has also issued a  recommendation to railway undertakings 
for defining a high quality international passenger network
Further proposals based on the action program m e will follow in due course.
29. T he Com m ission reaffirms its com m itm ent to improving railway cooperation 
as the isolated national actions for improvement of the raiIways situation 
are insufficiënt in themselves. Action on the under European scale to se­
cure n e w  markets is of vital importance for the raiIways' future.
30. Actions undertaken by C om m unity Bodies
T he Com m ission presented the Third and Fourth Com m ission reports on the 
Transposed A nnual Accounts of Railway undertakings for 1979-80.
Article 6  §  1  of Regulation (E E C ) N o  2830/77 on measures necessary to 
achieve comparability between the accounting systems and annual accounts 
of railway undertakings provides that "the Committee's (Advisory) conclu- 
sions shall be noted in the report which the Com m ission is to submit to 
the Council every tw o years pursuant to Article 1 4  §  1  of Council Decision 
75/327/EEC.
31. T he conclusions can be summarized as :
- the Com m ittee is generally pleased with the improvements attained in
the quality and quantity of Information provided in the explanatory notes;
- from 1 9 8 1  onwards the Committee agreed that railway undertakings should 
include in their communication of the Transposed Accounts to the 
Com m ission :
1C O M  (83) 404 final
2C O M  (83) 490 final
3Doc. C  (82) 1782

- 15 -
C a ) a  statement on sources and application of funds 
(b) a  statement on m ovem ent of fixed assets
C c ) a  m ore detaiLed breakdown of personnel num m bers and expenditure.
32. These developments are m ost encouraging as they wilt enable, for the first 
time, the Com m ission to monitor and examine, by improved transparency of 
the balance sheet, investment/disinvestment policies of raiLway undertakings 
and capital/asset movements.
T he Com m ittee is still considering the possibility of an accounting sepa- 
ration of infrastructure and operations in the Transposed Accounts.
33. T he figures presented in A nnex I (b) and the consequent analyses are taken 
in part from the Transposed Accounts. The fifth report on Transposed A c ­
counts of Railway Undertakings will be presented towards the end of 1983.
10J Vol. 258/1 of 21.9.1978 
2C 0 M  (82) 103 final34. Regulation (E E C ) 2183/781on laying d o w n  so m e uniform costing principles
for railway undertakings has, because of its Limited scope (i.é. uniform 
costing principles should apply to international freight transport in full 
train loads ), remained little used. The Com m ission has, however consulted 
the Committee, set up under the provisions of Article 6, of this regulation, 
with a view to improving its application. T he Committee is examining the 
possibi lities to harmonize the various railway costing methods on the basis 
of direct costing principles.
35. O n  the basis of Article 1 5  §  1  of Decision 75/327/EEC the Com m ission has 
presented to the Council tw o proposals as indicated in the last report 
§  43 . In the light of the n ew  policy objectives outlined in §  5  and §  6  
-  the Com m ission is currently preparing modified proposals on financial 
balance which will replace the first abovementioned proposals. T he n e w  
provisions are likely to include :
- separation of responsibility for infrastructure and operations of rail- 
w ays with a view to removing distortions between m odes of transport,

- 16 -
- Progressive restructuration of the Capital of rai Iw ay undertakings, 
particularly debt arising from provision of infrastructuren
- increased use of contractual arrangements with national, regional and 
local authorities for the provisions of raiIway services meeting indi- 
vidual needs,
- provisions for the granting of deficit subsidies after a pre-determined 
transitional period.
36. C O N C L U S I O N S
T o  conclude this section of the report it m a y  be recalled that the C om m is-
sion has, in compliance with Article 1 4  of the Council Decision of
20 M a y  1975 reported on :
~ the application of Regulation (E E C ) 1191/69 on public service obligations, 
Regulation (E E C >  1192/69 on the normalisation of raiIway accounts and 
Regulation (E E C ) 1107/70 on Aids to Transport
- the implementation by C om m unity and national authorities of the provisions 
of the Decision.
37. Within the context of the m ain policy objectives outlined in D ocum ent 
C O M  (83) 58 final on Progress Towards a  C o m m o n  Transport Policy (Inland 
Transport) the m ain legislative instruments for their attainment have been 
examined. T he report has also outlined the n ew  initiatives which are being 
developed and proposed to further these objectives :
- promotion of raiIway cooperation,
attainment of financial balance and full transparency of Government/rail—  
w ay  relations,
- removal of distortions between the m odes of transport.
38 T o  these ends, the Com m ission continues to w ork in close collaboration with 
M em b er States and RaiIway Undertakings. Trade unions and user groups will 
be duly informed and consulted on major developments. O n  the whole C om m unity 
action will tend to ensure that users are served by efficiënt transport ser­
vices, provided by financially viable enterprises and meeting market require- 
ments at the lowest cost.

- 17 -
PART II
Economie and Financial Situation of RaiIways  
in the Community  
1979 - 1981
(a) Market Evolution
39. Complete figures on the evolution of the Community transport market and  
the relative shares of the three land based modes of transport remain un-  
available. Annexe II, using EEC Statistical Office figures, provides the  
most recent figures available for goods traffic.
40. The figures reveal the decline of the raiIways relative share of the goods  
market over the period 1965-1981. It is particularly relevant to observe  
that, since 1974, the railways' relative share of the market has declined  
more rapidly than in the previous decade whilst road has increased its  
share by some 9 %. In 1979 however it appears that the railways were able  
to halt the decline and stabilize their market share but this appears to  
have proved only temporary.
41. The Community Memorandum on Railways drew specific attention to the need  
for railways to adapt their services to market requirements. Business Plans 
communicated to the Commission appear to reflect a tendency for railways
to be moving in that direction but greater responsiveness to consumer de­
mands will be necessary if the marketshares lost are to be regained.
(b) Financial Trends of RaiIway Undertakings 1979-1981
42. Annexes I (a) and (b) and III record :
- compensations, aids and other financial assistance granted by Member  
States to raiIway undertakings
- profiles of national undertakings which show the scale of operations of

- 78 -
each network, capital structures, operational expenses and financial  
results
- financial trends of railway undertakings using certain key indicators.
43. A few preliminary comments on data sources are apposite.
- Source data for Annexe I (a) are returns submitted by Member States
under provisions of Regulation (EEC) 1191/69 on public service obligations,  
Regulation (EEC) 1192/69 on normalization of railway accounts and Regu­
lation 1107/70 on Aids to transport. In all cases the figures used are  
those confirmed as correct at July 1st, 1981.
- Financial figures used in Annexe I (b) are taken directly from the  
Transposed Accounts of the years under consideration.
- ■  Differences in State payments between Annexes I (a> and I (b) arise 
from the inclusion of capital grants, VAT + direct pension payments to  
independent funds under Regulation 1107/70 in Annexe I (a) whilst  
Annexe I (b) only includes profit and loss account figures as recorded  
in the Transposed Accounts.
- Direct comparisons should not be made between railway undertakings on  
the basis of these figures. The intention is rather to provide a data  
basis from which common problems and similar trends can be identified.
44. From the financial results of railway undertakings the following trends
are discernable :
- With three exceptions, DB, OSE and BRB, expenditure of railway under­
takings is rising faster than the rate of inflation in Member States.  
Specific details are shown in Table I of Annexe III.
- Personnel Costs still represent a high percentage of operating expendi­
ture (see Table II of Annexe III) ranging from 58 % for CIE to 89 % for  
CFL. Direct comparisons should however not be made as personnel expenses  
for DB, CFL and SNCB include direct pension payments made by the under-  
taking which are compensated under Regulation 1192/69.

- 19 -
- Self generated revenue has, with the exception of the DB and SNCB, failed  
to increase at the same rate as expenditure. (Source - Profit and Loss  
Accounts).
- Compensations and aids (both for operational and investment purposes)  
have continued to increase either in line with or above the level of  
inflation in all countries except Germany.
- Interest payments have increased generally with particularly large  
increases for the FS, OSE, SNCB and SNCF reflecting the further  
deterioration in the railways finances.

1.
ANNEX I A
COMPENSATIONS, AIDS AND OTHER FINANCIAL INTERVENTIONS  
GRANTED BY THE STATES TO THE RAILWAY UNDERTAKINGS

2.
COMPENSATIONS. A ID S  AND OTHER FINANCIAL INTERVENTIONS GRANTED BY THE STATE TO THE  
SOCIETE NATIONALS DES CHEMINS DE FEE BELGES (SNCB/NNIBS)
[SOURCE  : BELGIAN GOVERNMENT) [IN  MIO NATIONAL CURRENCÏ) ANNEX IA
1  1979 ii._ _ _ _ _ _ _ _ _ _ .19
80 1 1981
i A . MAINTENANCE OP PUBLIC SERVICE OBLIGATIONS I !
REGULATION [EEC)  1191/69) 1
OBLIGATION TO OPERATE1 1  1 1
CONTINUED OPERATION OP LINES 1  1 7 M - M · 1 1 920 i'2 221
TARIFS OBLIGATION 1  17 608 | 18 653 | 20 319
STUDENT SEASON TICKETS 1 1 202 1 1 278 |1 M 06
SEASON TICKETS FOR CERTAIN SOCIAL CATEGORIES1  i
) 5 $05 16 016 |6 330
INDIVIDUAL REDUCTIONS ! 2 308 } 2 291 1 2 53M
BELGIUM-LUXEMBURG TARIPPS I 25 I22 122
PLANDERS-ZEELAND TARIPPS I  1 1 1 12
PULL PARE TICKETS [REFUSAL TO INCREASE PARE)1 1  1 6 222 1  j j6 539 1 7 166
ORDINARY SEASON TICKETS I  2 345 | 2 506 1 2 859
1  B. NORMALIZATION OP THE ACCOUNTS OP THE RAILWAYS! 19 3S2 1  1 120 573 122 5M 0
REGULATION [EEC)  1192/69 1 Ii 1
CLASS I I I  -  RETIREMENTS AND OTHER PENSIONS 1 12 604 ! 13 M 68 1 1 M  178
CLASS I V  -  CROSSING F AC ILITIES1  1  
1  289 i  i |335 1 328
CLASS V I I I  -  WAR DAMAGE 1 i s  1j I16 1 16
CLASS X -  RECOGNITION FOR SERVICE TO COUNTRY 1  33 1  1  )MO | M 8
CLASS X I  -  ADDITIONAL FAMILY ALLOWANCES 1  24 1 2M  1 25
CLASS X I I  -  MEDICAL TREATMENT
-  OCCUPATIONAL INJURIES1 2 010 1  1 81 12 0M 5 |  86 |2 563  
93
CLASS XV -  LACK OP NORMALIZATION IN  THE PAST  
-  SHORPALL IN  PROVISIONS FOR RENEWAL1  183 1  
1  263 )209 |  
239 I287
272
1 c . A ID S TO TRANSPORT REGULATION [EEC) NO.  1107/70- - - - - - - - —  j
I  
15 503 !  1 i
J |16 M S7 | 17 810
A R T .3 ,1 8  -  INFRASTRUCTURE COSTS I  6 714 1  
1  |6 229 | M  132
A R T . 3 .2  -  ECSC TARIFFS [TOKEN ENTRY)  
-  REPLACEMENT BUS SERVICESi i1
A R T .b  -  FINANCIAL CHARGES
-  LOANS TO COVER ACCUMULATED DEFICITS AND  
DELAYED RENEWAL
-  TAX EXEMPTIONS1 2 228 |  1 1 108 |  
1 1  1 ~19 I1 907 |  1 656 !
"18 |2 129  
M  270
"16
TOTAL1  10 031 |  1 M i*  886 |9 77M |  
M 6  80M  |10 515  
50 865

GOMPSNSATIONS, AIDS ADD OTHER FINANCIAL INTERVENTIONS GRANTED BY THE STATE TO THE
DANSKE STATSBANER {DSB)
{SOURCE . DANISH GOVERNMENT) {IN MIO NATIONAL CURRENCY) ANNEX IA
I  1979 1930 | 1 981
A. MAINTENANCE OF PUBLIC SERVICE OBLIGATIONS ii11
REGULATION (SEC)  1191/69 ii1
1  782  
11  123 | 1  
1910
B . NORMALIZATION OP THE ACCOUNTS OF THE RAILWAYS 11
1
I
REGULATION {EEO  1192/69 I11|
CLASS IX  -  STAFF SURPLUS TO  REQUIREMENTS1 |-
CLASS X -  RECOGNITION OF SERVICES TO THE COUNTRY1 1-
CLASS X I -  ALLOWANCES TO STAFF 1 12 13 1 19
1 12 13 | 19
C. AIDS TO TRANSPORT 1I11
REGULATION {EEO  rø. 1107/70 1
I 1
ART.3 . IB  -  INFRASTRUCTURE COSTS 1  215 228 | 291
TOTAL !  1 009
1==========1 36* I l  
==========!====665

COM FEN SATION S , AIDS AND OTUER FINANCIAL INTERVENTIONS GRANTED BY THE STATE TO THE
DEUTSCHE BUNDESBAHN {DB)
(SOURCE  : GERMAN FEDERAL GOVERNMENT)  (IN MIO NATIONAL CURRENCY) ANNEX IA
1979 | 1930 ! 1981
A .MAINTENANCE OF PUBLIC SERVICE OBLIGATIONS 1 1
REGULATION (EEC)  1191/691
11
OBLIGATION TO OPERATE 21
920 1 3i
156 i 3365
CONTINUA TION OF SNORT-DISTANCE PASSENGER TRANSPORT 2916 | 2944 | 3275
OPERATIONS 1 1
OPERATION OF LINES FOR WHICH CLOSURE HAS BEEN 4 1 5 1 1
PROPOSED 1 1
COMBINED TRANSPORT - 1 207 | 89
TARIFF OBLIGATION1
m  l1
131 1 108
REDVCTIONS FOR CERTAIN CATEGORIES OF PERSONS 74 | 100 | 76
LOSS OF RECEIPTS DUE TO THE SAAR TARIFFS FOR THE1
37 |1
31 1 32
CÅRRIAGE OF ECSC PRODUCTS i i
LOSS OF RECEIPTS DUE TO DROVGHT r i - i -
FREE TRANSPORT OF ITALIANS FOR ELECTION IN  1976 -1
1 -1
1 -
3031 | 3287 | 3473
B .NORMALIZATION OF THE ACCOUNTS OF THE RAILWAYS i
REGULATION  (EEC)  1192/691
11
1
CLASS I I I  -  RETIREMENT 21
734- | 21
911 | 2900
-  PENSIONS 409 1 427 | 407
-  SUPPLEMENTÄRY PENSION FOR NORNERS 336 1 651 | 697
CLASS IV  -  CROSSING FACILITIES1
415 1I
433 1 460
CLASS V -  STAFF SURPLUS1
37 }1
68 | 49
CLASS X I I  -  MEDICAL TREATMENT1
4 |1
5 1 1
3935 | 4495 I 4514
C.AIDS TO TRANSPORT iii1
REGULATION (EEC) NO.  1107/701
1|1i
A R T .3 .2  -  REPLACEMENT BUS SERVICES 144 1i67 |  186
ART.K -  REPAYMENT OF INTEREST ON LO ANS CONTRACTED IN 1603 | 1698 I 994
THE PAST FOR FINANCING PURPOSES (ALLOWANCE i i
AS OWNER) i i
-  CONTRIBUTION TO INVESTMENTS (INCREASE IN 4103 1 3009 1 2981
CAPITAL) 1 1
-  ALLOWANCE FOR THE MAINTENANCE OF 1469 | 100 1 396
LIQUIDITY 1 1
EXEMPTION FROM FVEL TAX (RAILWAYS) 281 | 282 | 266
7600 | 5156 | 4723
TOTAL 14566 |  
=====1-12938 |  
=====|=12710

5.
COMPENSATIONS, AIDS AND OTHER FINANCIAL INTERVENTIONS GRANTED B I THE STATE 'T O  THE
SOCIETE NATIONALE DES CHEMINS DE 1ER FRANCAIS (SNCF)
{SOURCE  :  FRENCH GOVERNMENT) {IN MIO NATIONAL CURRENCY) ANNEX IA
1  1979 1  1_ _- 119
80 1 1981
A .MAINTENANCE OF PUBLIC SERVICE OBLIGATIONS I 1
REGULATION {EEC)  1191/69111111
OBLIGATION TO OPERATE1
!  21
327,2 121
614,7 1 3056,5
FOR NATIONAL DEFENSE1 - - - - - -1 4,6 1 4,6 1 5,1
UNPROFITABLE LOCAL SERVICES11 11
656,3 11i
853,6 12120,7
UNPROFITABLE LOCAL SERVICES { REORGANISATION BY  
LOCAL AUTHORITIES)
PARIS SUBURBS11111
231,3 1  
1
« 5  11
271.7 1  
1
484.8 1308,2
622,5
OBLIGATION TO CARRY111111111
TARIFF OBLIGATION11 11
707,6 111
854 12170,4
REDUCTIONS FOR PASSENGERS
- MEMBERS OF THE ARMED FORCES
- PRISONNERS UNDER ESCORT
-  SPOUSE AND CHILDREN OF RETIRED PERSONS
-  OTHER TARIFF REDUCTIONS1 - - - --1
!1111
8 0
6 ,1 +  1  
4, 8  1  
16,3 1  
820,7 11
898,5 1  
5,7 1  
17,3 1  
862,4 11
1051,3
5,6
18,8010,8
REDUCED TARIFFS ON NEWSPAPERS11} „ ,_ _ _ _ _1
59,4 
11
70,1 1 83,9
BNORMALIZATION OF THE ACCOUNTS OF THE RAILWAYS  
REGULATION {EEC)  1192/691  4  1 1 1034,8 1  
1 1 14468,7 1  
1 1 15226,9
CLASS I I I  -  RETIREMENTS AND OTHER PENSIONS1
!  61
300,8 1 71
469,8 18810,8
CLASS IV  -  CROSSING FACILITIES11| ._ _ __1
426
,8 1I
456,4 1 498,7
C.AIDS TO TRANSPORT  
REGULATION {EEC) NO.  1107/70I  s  1
!727,6 1  1 1 17926,2 1  1 1 19309,5
A R T .3. IB  -  AIDS FOR INFRASTRUCTURE INVESTMENTS1
1  31
495,7 I 31
965,5 1 4509,4
A R T .3.1C  -  GRANT TOWARD RESEARCH -  COMBINED TRANSPORT11I
17 !1
14,3 i 13,4
A R T . 3,2 - TARIFF OBLIGATIONS NOT COVERED BY REGULATION  
{EEC) NO  1191/69  
A R T . 4 - BALANCING SUBSIDY1
1
1  3  1_ _ _ _ _1
11
30
0 J21
186 1  
1
600 I 3470
102
TOTAL1 6
1  17812,7 1  
575,1 16
19765,8 1  
160,7 1822094,8
631,2

COMPENSATIOtIS , AIDS AND OTUER FINANCIAL INTERVENTIONS GRANTED B I TUE STATE TO TUE
CORAS IOMPAIR EIREANN {C IE)
{SOURCE  :  IRISH GOVERNMENT) {IN MIO NATIONAL CÜRRENCI) ANNEX IA
!  1979 1980 1 1981
A . MAINTENANCE OF PUBLIC SERVICE OBLIGATIONS  
REGULATION (EEC)  1191/69r —— — ~
i
i
iii
i
i
i
OBLIGATION TO OPERATE  
RAILPASSENGER SERVICESi
1  17,1  
1i
i
21 1  
126,5
B . NORMALIZATION OF TUE ACCOUNTS OF THE RAILNAIS  
REGULATION {EEC)  1192/691
1
1
1j1
1
1
1
j
CLASS I I I  -  RETIREMENTS AND OTHER PENSIONS 1  3,3
I3,8 |  
13,8
CLASS IV  -  CROSSING FACILITIES 1  ,5 .7 1 .7
C . AID S TO TRANSPORT
REGULATION (EEC) NO.  1107/701—'- - - - - - - - - -
1  
3,8 
1 
1 
1 |4,5 1  
1 
1 
1 
j4.5
ART .3,10 - 50 «/• INFRASTRUCTURE GRANT 1  2,8  
|3,4 1  
|3,9
ART.  3,2 - GRANTS IN RESPECT OF C IE 'S  RO AD  
PASSENGER SERVICES  
ART.H -  BALANCING SUBSIDI1  16.7  
1
1  15.S20,8 |  
1
20,1 130,9
19
TOTAL1- - - - - - - - - - - - - -
1  
35 
1  55.944,3 1  
69,8 153.8
84.86,

7.
COMPENSATIONS, AIDS AND OTHER FINANCIAL INTERVENTIONS GRANTED BY THE STATE TO THE
AZIENDA AUTONOMA DELLE FERROVIE DELLO STATO (FS)
(SOURCE  :  ITALIAN GOVERNMENT ) (IN MIO NATIONAL CURRENCY) ANNEX IA
1 1979 1 1980 1 1981
AMAINTENANCE OF PUBLIC SERVICE OBLIGATIONS1.......
11ii~ ~ 1 '  
I
REGULATION (EEC)  1191/69 1Iii1I
OBLIGATION TO OPERATE 1 304 702 | 673 287 | 978 825
LINES WITH LOW DENSITY TRAFFIC 1|274 642 |
i632 232 i  
1910 646
NON PROFITABLE ACTIVITIES 1]11372 i
i17452 |
i25783
SERVICE TO  SARDINIA 1i18131 !  
123268 1  
I41811
ROAD REPLACEMENT SERVICES1
i|557 |j1
285 I
I585
OBLIGATION TO CARRY iii1ii
CARRIAGE OF MAIL i 34882 |  i35571 1 48303
TARIFF OBLIGATION1
i 466 048 | 5691
408 | 1186 585
-  OTHER TARIFF OBLIGATIONSj  .......
!11241
524 j  11641  1  
842 ii315 041
-  SOCIAL TARIFFS 1}„___34
1524 | 404 566 1 871 544
1 805 612 | 1 278 266 ! 2213 713
B .NORMALIZATION OF THE ACCOUNTS OF THE RAILWAYS 1 i i
CLASS I I  -  EXPENDITURE OF A SOCIAL NATURE1
1i11l
383 | 161
320 | 16386
CLASS I I I  -  RETIREMENTS AND OTHER PENSIONS i 77272 1 291
647 1 28703
CLASS IV  -  CROSSING FACILITIESl
i 33!
705 | 521
614 ! 97308
CLASS X  - RECOGNITION FOR SERVICE TO COUNTRY1
i 241
483 | 16I
093 | 4069
CLASS XIV -  IMPOSED CONDITIONSi
i 19i
824 | 161
941 | 15876
CLASS XV -  LACK OF NORMALIZA TION IN  THE PASTi
i___24
91
439 | 2371
423 | 252 194
i 416 108 1 369 038 | 414 536
C.AID S TV TRANSPORT i i
REGULATION {EEC) NO.  1107/70!
1i1
11
1
A R T .3 . IB  -  INFRASTRUCWRE COSTS1
i - i -1
i -
A R T . 3,2 -  INCREASE OF TARIFFS REFUSED1
i -1
1 -I
1 222 000
A R T.* -  CAPITAL GRANT1
1 34!
500 | 301
000 | 65585
-  AIDS FOR AMORTISATION OF INVESTMENT i 221 527 | 234 163 | 315 999
W ANS i 1 1
-  REMBVRSEMENT OF INTEREST ON THESE W ANS i1 1
-  BAL ANC ING SUBSIDY i  i 216 914 | 1 468 550 | 1647 158
-  CCMFENSATIQN POR bN ROESSEN EXPEND1TURES i 483 056 | 729 915 | 708 175
{STAFF COSTS.FLOOD AND EARTRQUAKE DAMAGE) i 1 1
i 4333 | 4407 | 3142
EXEMPTION FROM FUEL TAX  (RAILWAYS) i 1 1
i  i 960 330 | 2 467 035 | 2962 059
TOTAL 1  3 182 048 I 4 114 339 | 5590 308

COM FEN SATION S , AIDS AND OTUER FINANCIAL INTERVENTIONS GRANTED BY THE STATE TO THE
SOCIETE NATIONALE DES CHEMINS DE FER LUXEMBOURGEOIS (CFD
(SOURCE : GOVERNMENT OF LUXEMBURG) (IN MIO NATIONAL CURRENCY) ANNEX IA
!  1973 !i  _ _ _i19
80 1 1981
A .MAINTENANCE OF PUBLIC SERVICE OBLIGATIONS iii 1
REGULATION (EEC)  1191/691
i1
ii
1
OBLIGATION TO OPERATE1
i1
i1
I
CONTINUED OPERATION OF PASSENGER TRANSPORTi
i  i  
ii
629,1 |  
1i699 I  
11646
B.NORMALIZATION OF THE ACCOUNTS OF THE RAILWAXSi
ii1
11
1
REGULATION {EEC)  1192/691
ii1
11
11
CLASS I I  - EXPENDITURE OF A SOCIAL NATUREI
i1
32,4 | 29,4 | 34,4
CLASS I I I  -  RETIREMENTS AND OTBER PENSIONS1
1 11
383,4 | i1
353,2 | 16 91
CLASS IV  -  CROSSING FACILITIES1
i1
7,7 |1
1,8 | 13,8
CLASS X -  RECOGNITION FOR SERVICE TO COUNTRÏ1
ii1
i1
i-
CLASS XV -  LACK OF N0RMALI7ATI0N IN THE PAST ! 4,8 1 4,8 1 4,8
C.AIDS TO TRANSPORTI '  .. . . . . . .
1 1  
14
28,3 1
1ii389,2 |
1i1744
REGULATION {EEC) NO.  1107/701
11
ii1
ii
A R T .'i -  BALANCING SUBSIDE1
11
699,8 | ii
092,8 | 1332,5
TOTALI '. . . . . . . . .
i  
3757,2 1 4181 | 722,5
1- - - - - - -

9.
COMPENSATIONS, AIDS AND OTIJER FINANCIAL INTERVENTIONS GRANTED BY THE STATE TO THE
NAAMLOZE VENNOOTSCHAP NEDERLANDSE SPOORWEGEN (NS)
(SOURCE  :  DUTCH GOVERNMENT) (IN MIO NATIONAL CURRENCY) ANNEX IA
1  1979 !1____ _ _ _ _ __ _i19
80 1 1981
A .MAINTENANCE OF PUBLIC SERVICE OBLIGATIONS  
REGULATION (EEC)  1191/691 1 
1 1 
1 1i
i
i
CONTINUED OPERATION OF PASSENGER TRANSPORT1 1  
1 7 0 1 *  j1
760,3 | 816,7
DIRECT GRANT POR INVESTMENT IN NEW LINES1 1
1  205,7 |1
302 '  | 249,2
B .NORMALIZATION OF THE ACCOUNTS OF THE RAILWAXS  
REGULATION (EEC)  1192/691  909,7 |  
1 1 
1 1 
1 11 062,3 |  
1  
1  
11 065,9
CLASS I I I  -  RETIREMENTS AND OTHER PENSIONS1 1  
1  219,3 11
219,3 | 188,7
CLASS IV  -  CROSSING FACILITIES .1 1
1 43,4 |1
45,5 | 46,7
C .AIDS TO TRANSPORT  
REGULATION (EEC) NO. 1107/70i  ■  i -  
1  262,7 |
1 1  
1 1  
1 1264,8 |  
1  
1  
1235,4
ART .b  -  INTEREST ON DEBTS TO STATE UPTO AND  
INCLUDING  1972
- AMORTIZATION OF ABOVE DEBTS
-  ACTIVITIES NOT COVERED B I P .S .O . ’S1 1 
1  55 |  
1 1 
1  37 |  
1  119,8 |1
52 |  
1
37 |  
161,6 |50
60
169,6
-  LOSSES ON FREIGHT TRANSPORT DURING THE  
PERIOD  1973 - 1975
TOTAL1 1 
1  42,1 Ii_.___________ i_1
42
,1 ! 42,1
1  253,9 |  
I  1 426 |1
292,7 |  
1 619,8 1321,7  
1 623
1 -  ------------------- j  -

COMFENSATIONS, AID S AND OTHER FINANCIAL INTERVENTIONS GFANTED BY THE STATE TO THE
NORTHERN IRELAND RAILWAYS (.NIR)
ANNEX IA
\ 1979 11980 1 1981
A . MAINTENANCE OF PUBLIC SERVICE OBLIGATIONSl ------------
1
Ii
|
REGULATION {EEC)  1191/69 1j1
j
PAYMENT MADE BY THE N.I.HOLDING CO FOR MAINTENANCE  
OF PASSENGER SERVICES
COMPENSATING PAYMENT FOR OBLIGATIONS IMPOSED BY THE1  “ .03 
1
1  2.391
2.77 | 3,57
CENTRAL GOVERNMENT
B . NORMALIZATION OF THE ACCOUNTS OF THE RAILWAYS1-------------
1  2
,36
I2.77 1 
1  
|3,57
REGULATION {EEC)  1192/69 1
|1
|
C LAS S  IV  -  CROSSING FACILITIES 1  .03 
1.05 | 
1.05
C. AID S TO TRANSPORT1
1
i
REGULATION {EEC) NO.  1107/70 l 1
|
-  CENTRAL GOVERNMENT AIDS TO JMPROVE PASSENGER  
TRANSPORT
-  AID S TO THE NORTHERN IRELAND HOLDING COMPANY1  1.59 
1
1  .022.04 1  
11,96
TOTAL1--------------
1  
1.61 
1  42.04 1 
4.86 |1.96
5.58tu.
(SOURCE  : BRITISH GOVERNMENT) {IN MIO NATIONAL CURRENCY)

11.
COMPENSATION?, AIDS AND OTHER FINANCIAL INTERVENTIONS GRANTED BY THE STATE TO THE
BR 'TISH RAILWAYS BOARD (BRB)
( iSOURCE : BRITISH GOVERNMENT) UN MIO NATIONAL CURRENCY)ANNEX IA
\ 1979 | 1930 1 1981
A .MAINTENANCE OF PUBLIC SERVICE OBLIGATIONSi- - - - - - - - - - - - - - - - - - 1 -
i  i
i  ii
i
REGULATION (ESC)  1191/69i  i
i  ii
i
OBLIGATION TO  OPERATE1  530,3 |  
|  |632,4 1  
1812,2
B .NORMALIZATION OF THE ACCOUNTS OF THE RAILWAYS1  1  
1  1  
1 |1
1
|
REGULATION [EEO  1192/691  1  
t  |1
1
CLASS IV  - CROSSING FACILITIES1  13 1 15,5 |  
116,9
C.AIDS TO TRANSPORT1  1  
|  11
1
1
REGULATION (EEC) NO.  1107/701  1  
I  |1
|
A R T .3 . IC -  AID FOR RESEARCH AND DEVELOPMENT1  2 ,1 +  | 
I  13,2 1  
|4
A R T .3 ,2  - CAPITAL GRANTS TOWARDS PASSENGER TRANSPORT  
mPROVEMENT SCHEMES  
ART.H -  TRANSITIONAL DEFICIT GRANT1  1 . 8  1  
1  1
|  |,3 1  
1
1-
HISTORIC PENSION FUND OBLIGATION-
TOTAL1- - - - - - - - - - - - - - - - - - 1'
1  4.2 |
1  547,5 13,5 1  
651,4 |4
833,1

12.
COFENSATTONS , A ID S  AND OTHER FINANCIAL IN TERVEN TIO N S GRANTED EX THE STA TE  TO THE
ORGANISMOS SIDERODROMOS ELLADOS (OSE)
(SOURCE  :  GOVERNMENT OF GREECE) (IN MIO NATIONAL CURRENCY) ANNEX IA
I  1979 | ______19
80 | 1981
A .MAINTENANCE OF PUBLIC SERVICE OBLIGATIONS 1 1 I  IiI
REGULATION {EEC) 1191/69
i  ii
i
B .NORMALIUTION OF TRE ACCOUNTS OF THE R A I im iSi  i  
i  ii  ii
ii
REGULATION {EEC)  1192/69 1  I  j  1ii
CLASS IV  - CROSSING FACILITIES 1  173,5 | 
1 1235,3 1  
1282,2
C.AIDS TO TRANSPORT1 I 
1 1 |  |1
1|
REGULATION {EEC) NO.  1107/70 1  I  i  j1
1
A R T .3.ID -  INFRASTRUCTURE COSTS 1 943,1 i |  |1  140,3 1  |1  459
ART -  FINANCIAL INTERVENTIONS ( l )|  | |-
-  CONTRIBUTION TO INVESTMENTS |  704,3 1 1  040,2 1  
I1  041,4
- CAPITAL GRANT |  499 1  
1 |370,6 | |370,3
- AMORTIZATION 1  469,9 1 j  |470,2 1  
|-
-  BALANCING SUBSIDI ( l ) I  1  402,5 11 ,______i1  
852,7 1 2  554,8
|  4 018,8 1 4 874 I 5  425,5
TOTAL |  4 192,3 1 5 109,3 1 5  707,7
*ESTIMATES
(1) A R T . 5, U ,  B , C , D OF THE DECISION OF  20.05.1975
(2) A R T .13 OF THE DECISION OF  20.5.1975

1.
ANNEX I B
STATISTICAL AND FINANCIAL INFORMATION  
ON THE TEN REILWAY UNDERTAKINGS

2.
ANNEX  IB
INFORMATION CONCERNING : SNCB/NMDS
I  1979 I
l____________ 1 -19
80 I 1981
PROFILE IR  FIGURES 1
|
LERGTH OF LIRES 000 KM | M M  i M
PERSORREL 000 ! 6 1 ,9 6 5 ,7  ! 6 7 ,5
PASSENGERS CARRIED . MIO 1  163 16M 1 167
GOODS CARRIED -  T MIO 1 7M, 3 7 1 ,5  1 70
PASSERGERim MRD KM | 7 7 I 7 ,1
FREIGHT T KM RET MRD KM | 
18 ,5 8 1
REVERUE (MIO BFR ) 1
|
TRAFFIC REVERUE I  22 M 9 M 2 M208 23973
-  PASSENGER REVERUE 1  7 989 8878 9299
- FREIGHT REVERUE 1  1 * 1 0M5 IM85M IM210
OTHER REVERUE I  18 775 2M809 30677
SELF-GERERATED REVERUE 1  Ml 269 M 9017 5 M650
STATE PAYMERTS I  M 2 959 M M759 M 8302
OPERATIRG IRCOME 1  8 M  
1228 93776 102 952
EXPFNSES (MIO BFR) 1|
OPERATIRG EXPERSES ! 71 269 81787 92933
-  STAFF OOSTS !  51 651 56222 61M M 3
DEPRECIATIOR 1  8 609 8190 9553
IRTEREST 1  M 071 M283 5737
TOTAL EXPERDITURES 1  83 9M 9 9 M260 108 223
BALARCE FOR THE EXERCISE i
i279 M 8 M 5271
ASSETS IR  USE (MIO BFR)
I
LORG-TERM ASSETS I  83 M39 95655 109 575
-  LARD ARD FIXED IRSTALLATIORS 1  39 565 M 5728 bb7M 8
-  TRANSPORT STOCK 1  15 507 17768 2M008
-  OTHER ASSETSI  28 367 32159 29819
WORKING CAPITAL 1  2 722 2M 88 1917
-  CURRENT ASSETS 1  21 361 26729 3M297
-  CURRENT L IA B IL IT IE S 1  18 639 2M2M 1 3B21M
TOTAL!  86 
1161 981M3 107 b58
FINANCED BX (MIO BFR) 1
|
CAPITAL AND CAPITAL L IA B IL IT IE S i IM 595 IM587 111M 6
RESERVESI  1 910 2037 2172
PROFIT AND LOSS ACCOUNTI  M 536 5020 10291
PROVISIONSI  3M 932 M 2225 53897
FUNDS FOR STAFF1 855 9M 3 i019
LONG TERM DEBTSi 38 M05 M 3371 M 9715
CAPITAL EMPLOYEDI  86 161 981M 3 107 653

AMEX IB
INFORMATION CONCERNING  ; DSB
1|__19
79 1980|  1981
PROFILE I S  FIGURESI
11
LEEG TU OF LISES 000 KM 1 2,5 2,5 2,5
PERSONEEL 000 1 21,2 21,6 22,4
PASSENGERS CARRIED MIO 1 116 129 134
GOODS CARRIED  - T MIO 1 6,8 6,5 6,3
PASSENGER/M MED KM 1 2,9 3,4 3,6
FREIGHT T EM SET MRD KM 1
11,7 1,6 1,5
REVENUE  (MIO DER) 1
|
TRAFFIC REVENUE 1  ?342 1  2 557 1  2 873
-  PASSENGER REVENUE 1  1 373 1  1 584 1  1 856
- FREIGHT REVENUE 1 904 894 927
OTHER REVENUE 1 392 390 468
SELF-GENERATED REVENUE 1  2 734 1  2 947 1  3 341
STATE PAYMENTS 1  1 009 1  1 364 1  4 200
OPERATING INCOME 1  3 
1743 1  4 311 1  7 541
EXPENSES {.MIO DER) i1
OPERATING EXPENSES1
1  3 221 1  3 737 1  4 368
-  STAFF COSTS 1  2 228 1  2 456 1  2 798
DEPRECIA TION 1 187 207 1  2 770
INTEREST 1 335 367 403
TOTAL EXPENDITURES 1  3 743 1  4 311 1  7 541
BALANCE FOR THE EXERCISE 1
1
ASSETS IN  USE  (MIO DKR) 11
LONG-TERM ASSETSl
1  7 795 1  8 602 1  7 066
-  LAND AND FIX ED INSTALLATIONS i  4 248 1  4 589 1  3 836
-  TRANSPORT STOCK 1  3 266 1  3 697 1  2 979
-  OTBES ASSETS 1 281 316 251
tiORKTNG CAPITAL 1 244 323 393
-  C8ÊSEBT ASSETS 1 764 1  1 045 1  1 124
- cmsar l i a b i l i t i e s I 520 722 731
m m I  8  
1039 1  8 925 1  7 459
FXMAMCB) B l  (MIO DKR) 11
CAPITAL- M D  CAPITAL L IA B IL IT IE S  
m & m v E s
PROFIT AMD I ß S S  ACCOUNT1
!  3 1039 1  8 925 1  7 459
i_ -
m w i s m w s i- - -
M O B S  F O R  S T A F F i- - -
LONG TEEM W B T S i- - -
CAPITAL mPLOm> 1  8 039 1  8 925 1  7 459

INFORMATION CONCERNING  : DBA N N E X  IB
1  1979 1980 1981
1  PROFILE IR  FIGURES\-------
i1
| LENG TH OF LINES 000 KM1
i 2 8 ,5 28 ,5 2 8 ,4
| PERSONNEL 000 i 337 329 325
| PASSENGERS CARRIER MIO i i 025 1105 1109
| GOODS CARRIED  - T MIO i 357 350 334
| PASSENGER/KM MED KMi 3 7 ,5 3 8 ,4 39,8
| FREIGHT T KM NET MRD KM i
ii___65
,1 6 3 ,6 60 ,9
| REVENUE  (MIO IM) i1
1  TRAFFIC REVENUE i 175 14957 15452
| - PASSENGER REVENUE 1  4 486 4871 5298
| - FREIGHT REVENUE 1  9 331 9684 9724
| OTHER REVENUE 1  6 220 6562 6687
| SE LF -GENERATED REVENUE 1  20 395 21519 22139
| STATE PAYMENTS 1  8 083 8839 9062
| OPERATING INCOME I  28 
1478 30358 31201
I  EXPENSES  (MIO IM) 1
I
| OPERATING EXPENSES 1  27 840 29736 30640
| - STAFF COSTS 1  18 770 19841 20605
| DEPRECIATION I  1 820 1833 1892
1  INTEREST 1  2 394 2394 2713
| TOTAL EXPENDITURES 1  32 054 33963 35245
| BALANCE FOR THE EXERCISE 1  3 
1576 3605 4044
| ASSETS IN  USE  (MIO TM) 1|
I  LONC-TERM ASSETS 1  51 444 53318 54764
I  - LAND AND FIXED INSTALLATIONS I  29 964 31700 32680
1  - TRANSPORT STOCK 1  13 588 13615 13603
1  - OTHER ASSETS 1  7 892 8003 8481
!  WORKING CAPITAL 1  1 016 1123 1131
I  -  CURRENT ASSETS 1  4 445 4464 4748
I  -  CURRENT L IA B IL IT IE S 1  3 429 3341 3617
I  TOTAL 1  52
I460 54441 55895
i FINANCED BY  (MIO IM) 1
1
I  CAPITAL AND CAPITAL L IA B IL IT IE S I  19 413 18852 19164
i RESERVES 1  4 402 3767 2891
1  PROFIT AND LOSS ACCOUNT 1  8 187 7181 7649
1  PROVISIONS 1  5 801 6387 7045
1  FUNDS FOR STAFF 1 - *
1  LONG TERM DEBTS 1  31 031 32616 34444
1  CAPITAL FMPLOYED 1  52 460 54441 55895

INFORMATION C O NCERNING  : SNCFANNEX IB
1  1979 |
i  i1980 | 1981
PROFILE IN FIGURESi
ii
LENGTH OF LINES 000 KM1
.3 4 ,1  | 3 3 ,9  | 3 4 ,4
PERSONNEL 000 i 259 I 254 | 248
PASSENGERS CARRIED MIO i 688 j 685 1 697
GOODS CARRIED -  T MIO i 223 | 219 I 196
PASSENGER/EM MRD KM i 5 3 ,6  | 5 4 ,5  | 55 ,7
FREIGHT T  KM NET MRD KM i
i70 | 6 8 ,8  | 63 ,7
REVENUE  (MIO FF) i1
TRAFFIC REVENUE1
| 22 959 | 26003 I 28456
-  PASSENGER REVENUE 1  9 305 | 10579 | 12092
- FREIGHT REVENUE 1  13 280 1 - 14971 | 15898
OTHER REVENUE 1  5 295 | 6337 I 7692
SELF-GENERATED REVENUE 1  28 254 | 32340 I 36148
STATE PAYMENTS 1  12 548 | 13127 I 15408
OPERATING INCOME 1  H O  
1802 | 45467 | 51 556
EXPENSES (MIO FF) 1
I
OPERATING EXPENSES1
I  34 780 | 39939 | 45766
-  STAFF COSTS 1  23 306 ! 26405 | 29879
DEPRECIA TION 1  3626 | 3550 | 3750
INTEREST 1  2 288 | 2652 I 4060
TOTAL EXPENDITURES I  40 694 | 46141 | 53576
BALANCE FOR THE EXERCISE 1
1108 | 674 1 "2020
ASSETS IN USE (MIO FF) ii
LONG-TERM ASSETS1
1  65 039 | 68717 | 75199
-  LAND AND FIXED INSTALLATIONS !  44 210 I 44412 | 49 587
-  TRANSPORT STOCK 1  13 767 | 13803 I 14725
-  OTHER ASSETS 1  7062 1 10502 i 10887
WORKING CAPITAL 1  4 150 I 5185 | "6197
-  CURRENT ASSETS 1  12 835 | 14498 | 15923
-  CURRENT L IA B IL IT IE S 1  16 985 I 19683 1 22120
TOTAL 1  60 
1889 | 63532 | 69002
FINANCED B l  (MIO FF) 1
!
CAPITAL AND CAPITAL L IA B IL IT IE S1
I  1 428 ! 1413 | 2398
RESERVES 1  43 759 | 42887 i 42244
PROFIT AND LOSS ACCOUNT ! “ 4722 I "5396 | 7416
PROVISIONS 1 10 1 s  t 885
FUNDS FÜR STAFF -1 1 i-
LONG TERM DEBTS i  20 414 !24622 | 30891
CAPITAL MPLOYED 1 60889 i 63532 |69002

INFORMATION CONCERNING  :  CIEANNEX 1B
1  1979 1 1980 1 1981
PROFILE IN FIGURES1  l  
1  !  1  !
LENGTH OF LINES 000 KM 1  2 1 2 i 2
PERSONNEL 000 1  17,90 1 18,10 ! 18
PASSENGERS CARRIED MIO 1  17,90 1 16,70 1 15,40
GOODS CARRIED -  T MIO 1  3,80 1 3,60 1 3,70
PASSENGER/KM MRD KM 1  1,10 1 1 1 1
FREIGHT T KM NET MRD KM 1  .63 1  
1  1,64 1 ,69
REVENUE (MIO IR L) 1  1  
1  1
TRAFFIC REVENUE 1  102,20 1 123,80 1 133,90
-  PASSENGER REVENUE 1  73,70 1 91,60 1 98,10
-  FREIGHT REVENUE 1  27,40 t 30,20 ! 33,40
OTHER REVENUE 1  25,1+0 1 29,40 ! 53
SELF-GENERATED REVENUE 1  127,60 1 153,20 1 186,90
STATE PAYMENTS 1  56 1 70 1 85
OPERATING INCOME 1  183,60 1  
1  1223,20 1 271,90
EXPENSES  (MIO IR L) 1  1
OPERATING EXPENSES'!  170,90 1 210,70 1 258,30
-  STAFF COSTS 1  105,10 1 129,30 1 149,80
DEPRECIATION 1  9.90 1 11 1 15,20
INTEREST I  5 1 6,10 ! 8,40
TOTAL EXPENDITURES 1  185,80 1 227,80 1 281,90
BALANCE FOR THE EXERCISE 1  2,20 1  
1  !4,60 ! 10
ASSETS IN  USE (MIO IR L) 1  1  1  1
LONG-TERM ASSETS 1  81,10 1 93,50 1 125,50
-  LAND AND FIXED INSTALLATIONS 1  28,10 1 38,70 1 57,20
-  TRANSPORT STOCK 1  48,10 1 49,30 1 62,60
-  OTHER ASSETS 1  4,90 1 5,50 1 5,70
WORKING CAPITAL 1  1,50 1 8,80 1 7,20
-  CURRENT ASSETS 1  41,20 1 48,90 1 70,90
-  CURRENT L IA B IL IT IE S 1  42,70 1 57,70 1 78,10
TOTAL 1  79,60 1  
1  184,70 1 118,30
FINANCED BY  (MIO IR L ) 1  1  
1  1
CAPITAL AND CAPITAL L IA B IL IT IE S 1  29,40 1 33,30 i 37,50
RESERVES1  12,80 1 14 1 15,50
PROFIT AND LOSS ACCOUNT 1  7,60 1 12,20 1 22,20
PROVISIONS1  25,50 1 30,30 1 39,60
FUNDS FOR STAFF 1  * 1 ·· 1
LONG TERM DEBTS1  19,50 1 19,30 1 47,90
CAPITAL EMPLOYED1  79,60 1 84,70 1 118,30

7.
ANNEX  IB
INFORMATION CONCERNING  : FS
1  1979 
1___________19
80 1981 |
| PROFILE IN FIGURES 1
I
| LENGTH OF LINES 000 KM 1 16,1 16,1 16,2 I
j  PERSONNEL 000 1 220 221 225 I
| PASSENGERS CARRIED MIO 1 386 387 396 |
| GOODS CARRIED -  T MIO 1 54,4 56,3 51 1
| PASSENGER/KM MRD KM 1 39,7 39,6 40,1 I
j  FREIGHT T KM NET MRD KM 1
117,5 18,2 16,9 I
| REVENUE  (MRD L IT ) 1I
| TRAFFIC REVENUE 1  1 253 1485 1 571 I
| - PASSENGER REVENUE 1 751 880 977 |
| - FREIGHT REVENUE 1 501 601 591 I
| OTHER REVENUE 1 732 933 1 113 I
| SELF-GENERATED REVENUE 1  1 985 2418 2 684 I
| STATE PAMENTS 1  i 705 2377 3 573 1
| OPERATING INCOME 1  3  
1690 4795 6 257 |
| EXPENSES (.M RD L IT ) 1I
| OPERATING EXPENSES 1  4 053 5265 6 481 |
| - STAFF COSTS 1  2 612 3484 4 181 |
| DEPRECIATION 1 434 541 774 j
I  INTEREST 1 420 458 649 |
| TOTAL EXPENDITURES 1  4 907 6264 7 904 |
j  BALANCE FOR THE L u E C IS E 1  "1 
1217 1469 1 647 |
| ASSETS IN  USE  (MRD L IT ) 1
I
| LONG-TERM ASSETS - 1  6 303 7208 8 397 |
| - LAND AND FIXED INSTALLATIONS 1  3 251 3704 4 324 |
| - TRANSPORT STOCK 1  2 570 2956 3 425 I
| - OTHER ASSETS 1 482 548 648 |
| WORKING CAPITAL 1 80 227 450 |
| - CURRENT ASSETS 1  2 569 3691 5 128 I
| - CURRENT L IA B IL IT IE S 1  2 489 3464 4 678 |
| TOTAL 1  6 
1383 7435 8 847 |
I  FINANCED BY  (MRD L IT ) 1
I
I  CAPITAL AND CAPITAL L IA B IL IT IE S 1  6 982 8449 9 756 |
I  RESERVES 1  1 594 1902 2 378 |
I  PROFIT AND LOSS ACCOUNT 1  “ 8 632 9991 "11 518 I
I  PROVISIONS 1  2 964 3345 3 873 I
I  FUNDS FOR STAFF 1 - - 1
I  LONG TERM DEBTS 1  3 475 3730 4 358 |
I  CAPITAL EMPLOYED 1  6 383 7435 8 847 |

8.
ANNEX  IB
INFORMATION CONCERNING  : CFL
PROFILE IN FIGURES
LENGTH OF LINES  
PERSONNEL
PASSENGERS CARRIED  
GOODS CARRIED -  T  
PASSENGER/FM  
FREIGHT T KM NET000 KM 
000 
MIO  
MIO  
MRD KM  
MRD KM1979
,27
4,1 7
11,10
18,70
,24
,711980
.27
4,22
11,30
17,40
,25
,671981
,27
4 ,2 2
11,60
15,20
,25
,59
REVENUE  (MIO LFR)
TRAFFIC REVENUE
- PASSENGER REVENUE
-  FREIGHT REVENUE  
OTHER REVENUE  
SELF-GENERATED REVENUE  
STATE PAYMENTS  
OPERATING INCOME1 83 U  
232 
1 602 
163 
1 997 
3 698 
S 6951 816 
2W
1 572 
196
2 012 
i*  181 
6 1931 656 
260 
1 396 
152 
1 808 
722 
6 530
EXPENSES  (MIO LFR)
OPERATING EXPENSES  
- STAFF COSTS  
DEPRECIATION  
INTEREST
TOTAL EXPENDITURES  
BALANCE FOR THE EXERCISE5 075
4 561 
560 
167
5 802 
"  1075 631
5 025 
612 
165
6 408 
"  2156 082
5 427 
646 
203
6 931 
401
ASSETS IN  USE  (MIO LFR)
LONG-TERM ASSETS
-  LAND AND FIXED INSTALLATIONS
-  TRANSPORT STOCK
-  OTHER ASSETS  
WORKING CAPITAL
-  CURRENT ASSETS
-  CURRENT L IA B IL IT IE S  
TOTAL3 134 
673 
1 408
1 053 
815
2 043 
1 228
3 9493 429 
737
1 486 
1 206 
572 
1 926 
1 354
4 0013 656 
8 * 4 -3  
1 422 
1 391 
291 
1 566 
1 275 
3 947
FINANCED BY  (MIO LFR)
CAPITAL AND CAPITAL L IA B IL IT IE S  
RESERVES
PROFIT AND LOSS ACCOUNT  
PROVISIONS  
FUNDS FOR STAFF  
LONG TERM DEBTS  
CAPITAL EMPLOYED2 076 
988
~ 134 
358
661
3 9492 069 
953 
“ 127 
368
738 
4 0012 061 
747 
“ 119 
336
922 
3 947

9.
ANNEX IB
INFORMATION CONCERNING  : NS
1  1979 1  
1___________ 119
80 1 1981
| PROFILE IN  FIGURES1
11
| LENGTH OF LINES 000 KM 1 2 ,9  1 2 ,9  ! 3
| PERSONNEL 000 1 2 6 ,3  1 2 6 ,9  1 2 7 ,8
1  PASSENGERS CARRIED MIO 1 186 1 197 1 205
j GOODS CARRIED -  T MIO i 2 1 .7  1 2 2 ,1  1 2 1 ,1
| PASSENGER/KM MRD KM 1 8 ,5  1 8 ,9  ! 9 ,2
| FREIGHT T KM NET MRD KM 1
13 ,4  1 . 3 ,5  1 3 ,3
| REVENUE  (MIO HFL) 1
1
| TRAFFIC REVENUE 1  1 117 1 1205 i 1313
| - PASSENGER REVENUE 1 772 1 859 1 963
| -  FREIGHT REVENUE 1 314 1 321 1 326
j OTHER REVENUE 1 405 j 425 1 454
j SELF-GENERATED REVENUE 1  1 522 1 1630 1 1767
| STATE PAYMENTS 1 866 1 963 1 1034
1  OPERATING INCOME 1  2 
1388 1 2593 1 2801
| EXPENSES  (MIO HFL) 1
1
| OPERATING EXPENSES 1  1 940 1 2105 1 2241
1  - STAFF COSTS 1  1 416 1 1482 1 1535
| DEPRECIATION 1 335 j 374 1 408
| INTEREST 1 144 1 143 -1 182
| TOTAL EXPENDITURES 1  2 419 1 2622 1 2831
| BALANCE FOR THE EXERCISE 1
131 1 29 1 30
| ASSETS IN  USE (MIO HFL) 11
I  LONG-TERM ASSETS1
1  4 727 1 5137 1 5423
| - LAND AND FIXED INSTALLATIONS 1  1 755 1 1870 1 2426
| -  TRANSPORT STOCK 1 746 1 828 1 999
I  - OTHER ASSETS 1  2 226 1 2439 1 1998
| W R U N G  CAPITAL 1 60 1 78 1 82
I  - CURRENT ASSETS 1 632 1 684 1 638
| - CURRENT L IA B IL IT IE S 1 572 1 606 1 556
I TOTAL 1  4 
1787 1 5215 1 5505
I  FINANCED BY  (MIO HFL) 11
!  CAPITAL AND CAPITAL L IA B IL IT IE SI
1 528 1 522 1 516
I  RESERVES 1  1 964 1 2012 1 1885
I  PROFIT AND LOSS ACCOUNT 1 "31 1 “ 29 1 "30
1  PROVISIONS 597 1 790 1 936
1  FUNDS FOR STAFF J 29 1 31 1 27
I  LONG TERM DEBTS 1  1 700 1 1889 1 2171
j CAPITAL EMPLOYED 1  4 787 j 5215 1 5505

INFORMATION CONCERNING  : BRBANNEX IB
1  1979 | 1980 I 1981
PROFILE IN FIGURES1- - - -
1t
LENGTE OF LINES 000 KM1
1 18,2 | 18 I 17,9
PERSONNEL 000 1 245 I 243 I 235
PASSENGERS CARRIED MIO 1 742 I 766 I 724
GOODS CARRIED -  T MIO 1 171 I 155 I 155
PASSENGER/KM MRD KM 1 32 1 31,7 | 30,7
FREIGUT T KM NET MRD KM 1
119,9 | 17,6 I 17,5
REVENUE  (MIO UKL) 11
TR AFF IC  REVENUE1
| 1 628,3 I 1 661,4 | 1 757,3
-  PASSENGER REVENUE 1 964,5 I 1 020,2 1 1 091,9
-  FREIGUT REVENUE 1 622,9 I 591,8 I 613,7
OTHER REVENUE 1 399,7 I 386 I 359,9
SE LF -GENERATED REVENUE 1  2 028 1 2 047,4 I 2 117,2
STATE PAYMENTS 1 538,1 | 652,3 I 831,1
OPERATING INCOME !  2 
1566,1 I 2 699,7 1 2 948,3
EXFENSES  (MIO UKL) 1
I
OPERATING EXFENSES1
1  2 394,2 1 2 596,1 | 2 778
-  STAFF COSTS i  i 376,8 I 1 491,3 I 1 663,2
DEPRECIATION i 109,4 I 119,4 I 138,5
INTEREST i 62,9 I 60,7 | 69
TOTAL EXPENDITURES 1  2 566,5 I 2 776,2 I 2 985,5
BALANCE FOR THE EXERCISE 1
1~ ,4 I 76,5 I 37,2
ASSETS IN  USE  (MIO UKL) 1|
LONG-TERM ASSETS1
I  2 123,6 I 1 298,1 | 1 391,6
-  LAND AND FIXED INSTALLATIONS i 508,4 I 301,7 I 324,2
-  TRANSPORT STOCK i 558,6 I 549,4 I 618
-  OTHER ASSETS i  i 056,6 I 447 i 449,4
WORKING CAPITAL i 87,3 I 139,2 1 136,3
-  CURRENT ASSETS i 427,3 I 370,1 I 374,8
-  CURRENT L IA B IL IT IE S i 514,6 I 509,3 I 511,1
TOTAL ! 2  
1036,3 !1 158,9 | 1 255,3
FINANCED BY  (MIO UKL) 1
1
CAPITAL AND CAPITAL L IA B IL IT IE S1
1 382,8 i 429,5 1 460
RESERVES 1 462,6 I 548,6 1 668,2
PROFIT AND LOSS ACCOUNT 41,6 I 35,3 1 72,1
PROVISIONS 1 39,8 1 35,5 I -
FUNDS FOR STAFF 1 945,9 I 19,3 i 17,7
LONG TERM DEBTS 1 163,6 I 161,3 1 181,5
CAPITAL EMPLOYED 1  2 036,3 i 1 158,9 i 1 255,3

11.
ANNEX  15
INFORMATION C O NCERNING  : O SE
1  1979
i _ _ _ _ _ _ . _ _ _ _ _ _ _ _ _ _I  
1980 1 1981
PROFILE IN  FIGURESi
1ji
1
|
LENGTE OF LINES 000 KM i 2,50 i 2 ,5 0  | 2,50
PERSONNEL 000 i 12,10 i 12,10 j 12,10
PASSENGERS CARRIED MIO i 10,4-0 i 10,10 | 10,40
GOODS CARRIED -  T MIO i 4 ,1 0 i 3,60 I 3
PASSENGER/FM MRD KM i 1,50 i 1 ,5 0  I 1,50
FREIGHT T KM NET MRD KM i
i,84 1 ,81 I ,69
REVENUE  (MIO DRA) 1
|i
i
TRAFFIC REVENUE 1  3 273 1  3 808 I 4402
-  PASSENGER REVENUE I  1 574 1  1 818 ! 2334
- FREIGHT REVENUE I  1 684 1  1 970 I 2044
OTEER REVENUE 733 1 700 | 957
SELF-GENERATED REVENUE 1  4 006 1  4 508 I 5359
STATE PAXMENTS 1  2 989 1  3 698 I 4965
OPERATING INCOME
1 6995
1 8206 j 10324
EX LENSES  (MIO DRA) 1
I1
OPERATING EX LENSES 1  6 291 ! 7495 1 9501
-  STAFF COSTS 1  4 593 1  5 412 1 6991
DEPRECIA TION 1 470 1 470 | 465
INTEREST 1 234 1 241 | 358
TOTAL EXPENDITURES 1  6 995 1  8 206 I 10324
BALANCE FOR THE EXERCISE 1
1
_  I _ _ _ _ _ _ _ _1
1
|____ _ _
ASSETS IN  USE  (MIO DRA) 11- - - - - - - - - - - -
1
I
LONG-TERM ASSETS1
1  27 592I
1  29 306 I 30384
-  U N D  AND FIXED INSTALLATIONS I  21 696 1  22 887 |22835
-  TRANSPORT STOCK 1  4 656 1  4 693 I 5104
-  OTEER ASSETS 1  1 240 1  1 726 I 2445
WORKING CAPITAL 1  8 933 1  8 329 | 9430
-  CURRENT ASSETS ! i o 676 1  1 1 238 | 1 1325
-  CURRENT L IA B IL IT IE S 1  l 743 1  2 909 | 1895
TOTAL 1  36 
1525 1  37 
1635 I 39814
FINANCED B I  (MIO DRA ) 1
I1
CAPITAL AND CAPITAL L IA B IL IT IE SI
1  2 9 3261
1  29348 !29347
RESERVES i-i 1-
PROFIT AND LOSS ACCOUNT i-i 1-
PROVISIONS 1  3672 1  4714 I 5757
FUNDS FOR STAFF 1 -1 | -
LONG TERM DEBTS 1  3527 1  3573 ! 4710
CAPITAL EMPLOIED 1  36525 j 37 635 139814

MARKET TRENDS FOR THE GOODS MARKET  1965-1981
(IN  MRD T/KM -EU R. 10 )ANNEX I I
I MARKET SHARES
YEAR |
1______ |.W A
D | INLAND | 
\NAVIGATION  1RAILWAYS | MARKET \MKT. IN D .  
1  81/65ROAD ° / ° INLAND | 
NAY. c / o  |RAILWAYS
O /  0
1
1965 | 238,21  86,7 |190 |514,91  100 46,31
16,8 |
j36,9
1
1970 I 1309,81  101,3 1 206,7 |617,81  120 50,1 16.4 |
I33,5
1
1973 i 1371 1  101,5 |203,7 |676,21  131 54.9 15 |
i30,1
1
1971* | 1376,51  105,4 |
I l208,3 | 690,21  134 54,5 15,3 | 130,2
i
1975 I 1371,21  1 
I  94,8 1 174,8 |640,8I  124 57,91
14,8 I I27,3
1
1976 |
i393,9 1  95,7 I 184,8 I 674,41  131 58,4 14,2 I
i27,4
i
1977 | 1415,21  99,1 | 179,4 |693,71  135 59,9 14,3 I 125,9
1
1978 | 1440 1  104 | 179,6 I 723,6 | 141 60,81
14,4 | I24,8
1
1979 | 1483,6 1  102,9 |193,5 |780 1  151 62 13,2 I |24,8
i
1980 |
I485,6I  103,6 I 189 !778,21  151 62,4 13,3 i 
|24,3
1
1981 |474 1  98,9 |178,4 |751,31  146 63,1 13,2 |23,7
INDEX | 
1
81/65 |199 1  114 I94 | 146I  INDEX  
1  81/65136 79 I 
164
Source : Eurostat

FINANCIAL TRENDSANNEX I I I
TABLE I  : TOTAL EXPENDITURES B I RAILVAI UNDERTAKINGS  
-----------  (IN MIO NATIONAL CURRENCY)
1  BRB | 
1  1CFL | 
1CIE | DB |
1DSB | 
iFS 1
L<) ‘NS | 
1OSE |  SNCB/  | 
1  NMBS  |SNCF
EXPENSES  1979 i  2 566|  i5 802|
i185,81 32 0 5 1 * 1 3 743| 4 907| 2 4191 6 995| 83 949| 40 694
EXIENSES  1981 |  2 986|
i6 931| 281,911
35 24511
7 541|1
7 90411
2 831!1  I  
10 3241108 223| 53 576
INDEX  1981 (1979 =  100) 1  116|  i  |1191
|152 |1
110|11
201|i
1611 1171i  1  
148| 129|  |  j132
INDEX OF CONSUM ER PRICES 1  132|  
1  11151
1142 | 1121
1125|
1i
1451
11141
11551 115|  
1  1129
(1) M E D  LIT
TABLE I I  :  STAFF EXPENDITURE CO M PARED  WITR OPERATING EXPENDITURE ( $ - ) 
------------- {IN MIO NATIONAL CURRENCY)
1981 1  BRB 1 
1  1CFL 1 
1CIE | 
1DB |  
1DSB | 
1FS | 
&  !NS 1
IOSE | 
1SNCB/  | 
NMBS  |SNCF  | 
1
STAFF COSTS 1  1 6631 5 4271i149,81
120 6051i2 798| 4 1811 1 535| 6 991!i61 443!
i29 8791
i
OPERATING EXPENSES |  2 778| 6 082{ 258,31 30 640| 4 3681 6 4811 2 241| 9 5011 92 9331 45 7661
PERCENTAGE SHARE  19811  1  
1  6 0 1 891 58 1 67j 64!I
65! 6 8 1 7 4 1
j6 6 1
i6 5 1
1
SHARE  19791  i  
1  5 8 11
901 61 1 671 6 9 11
641 7 3 1 7 3 1 72| 6 7 1
(1) M E D  LIT
(2) INCLUDE DIRECT PENSION PAYMENTS M ADE BY TRE UNDERTAKING.SUBJECT TO NORMALIZATION U NDER CLASS I I I  
OF REGULATION  (EEC)  1192/69
TABLE I I I  :  SELF-GENERATED REVENUE (IN MIO NATIONAL CURRENCY)
1981 1  BRB 1 
1  1CFL 1 
1CIE | 
1DB 1  
1DSB | 
1FS |
INS 1
1OSE 1 
1SNCB/  1 
NMBS  1SNCF
REVENUE  1979 j  2 0281 1 997! 127,61 20 395!i2 7341i1 985| 1 522!  14 0061  
|41 2691  
128 254
REVENUE  1981 1  2 117| 1 808| 186,91 22 139! 3 3411 2 6841 i 7671 5 359!
j54 6501  
|36 148
INDEX  1981!  1  
1  104!1
9 1 1 146 1i
109! 122| 1351 1161 1341
|132!
j128
INDEX OF TOTAL  
(1979 =  100)EXPENDITURES  19811  1  
1  1161  
1  1i
1191
1i
152 1  
1109|
1i
2011
11C 1| 1171
11461
11291
1130
(1) MRD L IT

TABLE IV  : COMPENSATIONS. AIDS AND OTRER FINANCIAL ASSISTANCE FRO M  TRE STATE  ( 2 )  
.............. {IN MIO NATIONAL CURRENCY)
1  BEB I  
1  1CEL 1
1CIE 1  
1DB 1  
1DSB 1  
1FS 1 NS 1  
1OSE 1  
1SNCB/  
NMBS  |SNCF  |
1
(  ÏA m m T S  1 9 7 9 1  5481 3 7571 5 5 , 9 1 1 4  5661 1 0091 3 1621 1 4 2 6 | 4  1 9 2 | 4 4  8 8 6 |  j1 7  5 7 5 |  j
!  ? A m a iT s  1 98 11  1  
1  8 3 3 t1
4  7 2 3 |18 U. 8 I1
1 2  710 ) 1 665 ) 5 5901 X 6 2 3 | 5 7081 5 0  6 6 5 |  |2 2  6311j
1  INDEX  1 9 8 1  ( 1 9 8 1  = 1 0 0 )1  1
I 15211
1 2 6  { 1 5 2  I 671 1651 1 7 6 | m l 1361 1131 1 2 9 |
( 1 )  MBD L IT
( 2 )  INCLUDE DIRECT PENSION PAIMENTS HADE B I THE UNDERTAXING,SUBJECT TO NORMALIZATION UNDER CLASS I I I  
OP REGULATION (EEC)  1 1 9 2 / 6 9
TABLE V  : RATIO BETJEEN SELF CENERATED REVENUE AND OPERATING INCOME  1981 
---------  (IN  MIO NATIONAL CURRENCI )
1 9
8 1  | BRB I  CFL I  CIE I  DB I  DSB I  FS I  NS I  OSE I  SNCB/  I  SNCF
I I I  I  I  I  ( 4 ) I  I  I  NMBS  I
..............................................................................I ............ I............ I.............. I.............. I............ I - - —  I............ I.............. I.............. I..............
( 1
)  SELF-CENERATED REVENUE  I  2  1 1 7 |  1 8081 1 8 6 , 9 1  2 2  1391 3 3 4 1 |  2 6 8 4 |  1 7671 5 3591 54  6501 3 6  1 4 8
I I I  I  I  I  I  I  I  I
( 2 )  STATE PAIMENTS  I  8311 4 7221 85 | 9 0621 > t  2001 3 5731 1 03*+| 9 9 6 5 1  4 8  3021 1 5  4 0 8
I I I  I  I  I  I  I  I  I
( 3 )  OPERATING INCOME  I  2 9481 6 5301 2 7 1 , 9 1  31 2011 7 5411 6 2 5 7 |  2 B01|  1 0  3 2 4 1 1 0 2  9521 5 1  5 5 6
I I I  I  I  I  I  I  I  I
( 1 )  . 1 0 0  I  I  I  I  I  I  I  I  I  I
......................./ •  ( 1 9 8 1 )  | 721 281 6 9  | 711 4 4 |  431 6 3 1  521 5 3 1  70
(3) I  |  I  I  I  I  I  I  I  I
I I I  I  I  I  I  I  I  I
( 1 )  . 1 0 0  I I I  I  I  I  I  I  I  I
...............  = • / .  ( 1 9 7 9 )  | 7 9 |  3 5 |  6 9  | 72]  7 3 |  5 4 | 6 4 | 5 7 | 4 9|  69
( 3
)  I  I  I  I  I  I  I  I  I  I
t i )  m >  l i t
TABLE VI  : RATIO BETREEN SELF GENERATED REVENUE AND THE UNDERTAKINGS TOTAL INCOME  1 9 8 1  ( 2 )  
----------  (jflr Mio NATIONAL CURRENCI)
1 9
8 1  | BRB |  CFL | CIE | DB I  DSB | FS I  NS I  OSE | SNCB/  I  SNCP
I I I  I  I  I  l ^ ) I  I  I  NMBS I
......................................................................... I............. I.......... I.............. I.............. I........... I........... I........... I.............. I............. I............
( 1
)  SELF-CENERATED REVENUE  I  2 1171 1 8081 1 8 6 , 9 1  22 1391 3 3411 2 6841 1 7671 5 3 S 9 |  5 4  6501 3 6  1 4 8
' I I I  I  I  I  I  I  I  I
( 2 )  STATE PAIMENTS  I  8331 4 7231 8 4 , 8| 1 2  7 1 0 |  1 6651 5 5 9 0 |  1 6 2 3 |  5 7 0 8 1  50  8 6SI  22  6 31
I I I  I  I  I  I  I  I  I
( 3 )  OPERATING INCOME  I  2 9501 6 5 3 1 | 2 7 1 , 7 1  3 4  8491 5  0061 8 2 7 4 |  3 3901 11 0 6 7 1 1 0 5  5151 58  7 7 9
I I I  I  I  I  I  I  I  I
( 1 )  . 1 0 0  I  I  I  I  I  I  I  I  I  I- .............. ... . / .  ( 1 9 8 1 )  I  7 2 |  2B| 6 9  |  6 4 1  6 7 1  3 2 1  S2|  4 8 1  521 61
( 3
)  I  I  I  I  I  I  I  I  I  I
I I I  I  I  I  I  I  I  I
( 1 )  . 1 0 0  I I I  I  I  I  I  I  I  I............... = . / .  ( 1 9 7 9 )  I  7 9 |  3 5 |  70 |  5 8 | 7 3 | 381 52! 4 9 |  481 62
(3) I  I
 I  I  I  I  I  I  I  I
( 1 )  M FD L IT
( 2 )  FIGURES SUPPLIED B I M PM BER STATES (ANNEX IA) INCLUDING CAPITAL AIDS

3.
TABLE V I I  : INTEREST CHARGES (IN  MIO NATIONAL CURRENCY)
I BRB I 
1  1CFL | CIE I 
1DB | 
1DSB I 
1FS 1 
!SS 1 
1OSE | 
1SNCB/ | 
NMBS |SNCF
INTEREST 1979 1  63| 167| 5 1
I2 3941i335|
14201i1441I2341i4 071| 2 288
INTEREST 19811  I  
1  69|
i i1
203|
18 ,4 |
1I
2 713|  
1I
403!
11
6491
11
182|
1i
358!1i
5 737|I4 060
INDEX 1981 (1 9 7 9  = 100)1  1
1  n o l1
122|1
168 |1
113|1
120|1
15511
126|1
153!1
1411 177
. (1) MED LIT