CELEX: 31985R2515
Language: en
Date: 1985-07-23 00:00:00
Title: Commission Regulation (EEC) No 2515/85 of 23 July 1985 on applications for aid from the Guidance Section of the European Agricultural Guidance and Guarantee Fund for projects to improve the conditions under which agricultural and fish products are processed and marketed

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31985R2515

Commission Regulation (EEC) No 2515/85 of 23 July 1985 on applications for aid from the Guidance Section of the European Agricultural Guidance and Guarantee Fund for projects to improve the conditions under which agricultural and fish products are processed and marketed  

Official Journal L 243 , 11/09/1985 P. 0001 - 0030 Spanish special edition: Chapter 03 Volume 37 P. 0166  Portuguese special edition Chapter 03 Volume 37 P. 0166 

COMMISSION   REGULATION   (EEC)   No  2515/85 of 23  July 1985on applications for aid from the Guidance Section of the European  Agricultural Guidance and Guarantee Fund for projects to improve the conditions under which  agricultural and fish products are processed and marketed<(BLK0)LA ORG="CCF">EN</(BLK0)LA>  THE   COMMISSION   OF   THE   EUROPEAN   COMMUNITIES, Having regard to the Treaty establishing the European Economic Community, Having regard to Council Regulation (EEC) No 355/77 of 15  February 1977 on common measures to  improve the conditions under which agricultural and fish products are processed and marketed  (1),  as last amended by Regulation (EEC) No 1247/85  (2), and in particular Article  13 (5) thereof, Whereas applications for aid submitted in connection with the common measure to improve the  conditions under which agricultural and fish products are processed and marketed should contain all  the information needed for the examination of projects according to the criteria in Regulation  (EEC) No 355/77; Whereas Commission Regulation (EEC) No 219/78  (3) specifies the form in which applications for  aid from the Guidance Section of the European Agricultural Guidance and Guarantee Fund, for  projects to improve the conditions under which agricultural and fish products are processed and  marketed, should be submitted; whereas it is necessary to adapt the form and content of  applications to take account of amendments made to Regulation (EEC) No 355/77 and of experience  acquired in the first years of application of the said Regulation; Whereas the measures provided for in this Regulation are in accordance with the opinion of the  Standing Committee on Agricultural Structures; Whereas the EAGGF Committee has been consulted on the financial aspects of these measures, HAS   ADOPTED   THIS   REGULATION: Article  1  1. Applications for aid from the EAGGF Guidance Section for  projects to improve the conditions under which agricultural and fish products are processed and  marketed, to be submitted on or after 1  May 1985 shall contain the information and documents  specified in the Annexes. 2. Applications shall be submitted in duplicate and should be accompanied by a third copy of Annex   A. 3. Applications that do not meet the conditions in paragraphs  1 and  2 will not be considered for  the grant of aid from the Fund. Article  2  Regulation (EEC) No 219/78 is hereby repeated with effect from 1  September 1985.  However, applications for aid submitted to the competent national authorities before 15  October  1985 for presentation to the EAGGF will be accepted in the form prescribed by that Regulation. Article  3  This Regulation shall enter into force on the third day following its publications  in the Official Journal of the European Communities. This Regulation shall be binding in its entirety and directly applicable in all  Member States. Done at Brussels, 23  July 1985. For the CommissionFrans ANDRIESSENVice-President EXPLANATORY NOTES AND INSTRUCTIONS  FOR COMPLETION OF APPLICATIONS  General Comments1. This Regulation outlines in as precise a  manner as possible the information which the Commission needs in order to examine applications for  aid in accordance with the conditions and criteria of Regulation (EEC) No  355/77.In order to  achieve such a precise description, to allow a rapid examination of the applications and to ensure  that data is presented in a form which will facilitate the making of comparisons, provision has  been made wherever possible for the use of standard forms.In view of the large number of sectors,  legal entities and different situations concerned, it is evidently not possible to make provision  for all the particular features of each individual case.It may be, therefore, that certain of the  information requested, will not be available or will be insufficient to explain fully the  circumstances of a particular application. In this case, it will be necessary to indicate on a  separate page the reasons why replies to the questions concerned cannot be given. The applicant may  also add supplementary information to the standard form, if in his opinion, such information is  necessary to explain the paricular features of the situation or of the application.2. An  application for aid must concern investments to be effected by one beneficiary at one determined  location. If a project concerns more than one beneficiary and/or involves investment at more than  one location, a separate application should be presented for each beneficiary and for each  location.3. Amounts of money should always be stated in national currency.4. In order to facilitate  the examination of applications, it is requested that they be presented, as far as possible, in ISO  DIN/A/4 format and in the following sequence:- Annex A - one dividing sheet;- Annex B (text and  forms B  1 to B  10) - one dividing sheet;- memorandum and articles of association and certificate  of incorporation, extracts from statutes (where applicable);- extract from the trade register  (where applicable);- balance sheets and profit and loss accounts- one dividing sheet;- estimates;-  technical descriptions - one dividing sheet;- plans and maps- one dividing sheet.To facilitate  processing it is requested that the documents submitted should be neither bound nor stapled but  held together by some easily reversible method, e.g. in a loose-leaf arrangement. ANNEX A <(BLK0)LA ORG="CCF">EN</(BLK0)LA>General instructions(a) Form A is divided  into three parts:- (1) Part one (A  1)  (1) should be completed by the applicant and/or  beneficiary,- (2) Part two (A  2)  (2) should be completed by the Member State,- (3) Part three (A   3)  (3) is for EAGGF use only.In the first two parts, the right-hand side of the page and the  specially framed area are intended for computer coding by the EAGGF and should not be used by the  applicant, beneficiary or Member State.(b) The number of characters per item of information  (including intermediary spaces) must not exceed the number provided on the form. Where necessary,  use abbreviations (e.g.: co-op, SA, etc.). Enter only one character per box, legibly and using a  typewriter if possible.(c) With the exception of amounts, data should be entered in the appropriate  spaces beginning with the first box on the left.(d) Names: (applicant, beneficiary, bank, etc.): to  facilitate alphabetical listing of names, it is requested that the name should be entered first and  then, where appropriate, the type of company:example: in form A  1 section 3.2:Beneficiary: - the  limited company known as CAREX will be entered as 'CAREX limited company`,- the wine cooperative  known as 'Les Joyeux Vignerons de Palize`, will be entered as 'Les Joyeux Vignerons de Palize, wine  cooperative`.A natural person should enter his/her surname first and then his/her first name.(e)  Addresses: addresses must be given completely and correctly, with the postal code and locality.(f)  Amounts:- these should be given in national currency, without decimals;- the triangles (B) are  intended to separate thousands, millions and thousands of millions;- amounts should be entered in  the spaces provided beginning with the last box on the right.Example:£  10 000>REFERENCE TO A FILM> Explanatory notes for each headingPART   ONE   (To be completed by the applicant and/or  beneficiary)2. ApplicantComplete this space if there is an applicant and even if the latter is  also the beneficiary. 3. BeneficiaryOnly one beneficiary per application.3.1. If the beneficary is also the applicant:  take box 'Yes`.3.7. Enter in the box provided either the figure  1 (private company) or the figure   2 (cooperative)3.8. Example:limited company, cooperative, etc.3.9. Specify a figure:Example:1  000  members of the cooperative;     5 associates.3.10. Omit any persons holding less than 10  % of the capital. Give the percentage  without decimals.3.12. Project numbers used by the Fund. If there are more than nine applications,  attach details to the page. 4. InvestmentOnly one investment per beneficiary.4.1. Give a brief description:Example: - modernization of a pig slaughterhouse,- provision of grape intake facilities, etc.4.2. The  sector to which the project belongs may be designated by the raw material (e.g. milk), the  processing or marketing technique (e.g. slaughterhouse), the intended use of the manufactured  product (e.g. animal feedingstuffs), etc.4.3. Geographical location of the investment: state the  name of the place followed by the name of the area, region or county.Example: Perpignan (Pyrénées Orientales).4.4. Total cost of the investment; this amount must be the same as  that shown in section 8.5. of form B  8.4.7. The total borrowings shown in this space must be the  same as the amount shown at section 8.1.2 in form B  8.4.8. Give a breakdown of the various loans  contracted, stating the rate of interest in percent and the duration in years; the rates must be  stated on normal banking terms, excluding any interest-rate subsidies granted by the Member  State.The total of the various borrowings must be the same as the amount shown in section 4.7. 5. General data5.1. and5.2. State the month and the year.Example:>REFERENCE TO A FILM>5.3. Put a cross in the  appropriate box to indicate commitment; projects begun before the application reaches the  Commission cannot qualify for aid. PART   TWO (to be completed by the member state)1. Take the appropriate answer2. Example: a region entitled to financing at a preferential rate (Article  17 of Regulation (EEC) No   355/77). 4. Description of aids granted by the Member State4.1. and4.2. Granting authority: State, region, municipality, etc.;Type of aid: Capital grant,  interest-rate subsidy, loan at a preferential rate;Amount: Specify only the case of capital  grants.4.3. If the 'type of aid` has been shown in sections 4.1 and 4.2 as taking the form of an  interest-rate subsidy or loan at a preferential rate, on one or more of the loans contracted by the  beneficiary, the terms of such interest-rate subsidy or preferential rate must be stated so that  the EAGGF staff can calculate the corresponding Member State aid.Each line corresponds to one loan  and contains all the data necessary for the various types of possible calculation.- No: Specify  which borrowing in the beneficiary`s declaration (form A  1 section 4.8) is referred to;- Amount  subsidized: this may be all or part of the sum borrowed;- Preferential lending rate: the rate  should be given in percent, e.g. 12,5  % will be written:>REFERENCE TO A FILM>This will be the  preferential rate granted by the Member State in respect of the loan concerned;- Duration of the  loan: this should be given in whole years:e.g. nine years should be written:>REFERENCE TO A FILM> e.g. 12 years should be written:>REFERENCE TO A FILM>- Interest-rate subsidy in percent: this  applies to the amount subsidized and should be written in percent; 5,25  % will be written> REFERENCE TO A FILM>- Duration of the interest-rate subsidy: to be stated in years, without  fractions thereof;- Deferment of repayments: to be stated in years, without fractions thereof.The  spaces 'reference rate` and 'programmes` are for EAGGF   use only. In these spaces will be entered,  firstly, the reference bank rate which is considered as normal and above which there is no  interest-rate subsidy and, secondly, the calculation programme to be used for the country and the  borrowings concerned.Depending on the type of aid, interest-rate subsidy, loan at a preferential  rate, not all spaces should be used.Example: beneficiary`s declaration (form A  1 section 4.8)>REFERENCE TO A FILM>If a Member State grants a  5  % interest-rate subsidy on loan No  1 for 10 years but covering only the first 1  000  000, if  it grants a preferential rate of 11,5  % during the 10 years of loan No  2 and a preferential rate  of 10  % on loan No  3 for 15 years with a five-year deferment of repayments, the declaration must  be as follows (form A  2 section 4.3):>REFERENCE TO A FILM>In each case specify the method of loan  repayment: for example, fixed annuity, reducing capital balance, etc.4.4. Specify the type of aid,  the equivalent amount and the method of calculation. PART   THREE   (Strictly for EAGGF   use only, to be used for the verification of the application  on arrival)>REFERENCE TO A FILM> ANNEX B<(BLK0)LA ORG="CCF">EN</(BLK0)LA>(The Articles referred to in this Annex are  those of Regulation (EEC) No 355/77)1. Short description of the project (maximum one page,  summarizing the objectives and the nature of the investment). 2. Applicant (to be completed only if the applicant is not also the beneficiary):2.1. object and  scope of the applicant`s main activities;2.2. links between the applicant, beneficiary and the  project;2.3. attach:- copy of memorandum and articles of association and certificate of  incorporation, or partnership agreement, for local authority copy of appropriate extracts from  statutes;- extract from the trade register. 3. Beneficiary (Article 19 (1)):3.1. object and scope of beneficiary`s main activities;3.2.  geographical area covered by these activities;3.3. economic situation (complete forms B  1 and B  2  at the end of this Annex and attach balance sheets and profit and loss accounts for the past three  years);3.4. attach:- copy of memorandum and articles of association and certificate of  incorporation,- extract from the trade register,- copy of the rules of association (cooperative- if  such information is not in the rules, indicate the basis of participation, e.g. area cultivated,  annual turnover, number of animals, etc.). 4. Description of the present situation and that forecast after completion of the project:4.1.  existing plant and capacity (indicate the location on the map requested in section 4.5.1);4.2.  agricultural products concerned;4.2.1. complete form B 3 (for projects in the wine sector, add the  figures for years  P3,  P4,  P5 before submission of the application);4.2.2. indicate the origin of  the products, broken down as follows (if necessary by completing separate form B 3):- area of  collection of the project (see under section 4.5),- other Community regions,- non-EEC  countries;4.3. production/marketing programme:4.3.1. complete form B  4 (for projects in the wine  sector, add the figures for the years  P3,  P4 and  P5 before submission of the application);4.3.2.  indicate the outlets for the products indicated in form B  4. In the case of increase in capacity  or new production, provide a detailed explanation of the justification for the outlets forecast.  Indicate the part of the output given for intervention in the past, and likely to be given for  intervention in the future;4.3.3. explain the marketing policy relating to the products  concerned;4.4. prices paid to producers in the past four years (form B  5);4.5. area of collection  of agricultural products;4.5.1. geographical boundaries (see section 4.2.2), description with  map;4.5.2. description of production structures, (sufficiently detailed to enable a judgement to be  given on the project);4.5.3. total production of the products concerned, (giving seasonal  distribution, when appropriate), for the past three years and the expected future development;4.6.  description of economic benefits for primary producers to be derived from the project. (Attach all  relevant supporting documents, for example copies of supply contracts or other undertakings) (see  Article  9). 5. Measures proposed:5.1. general description of planned plant, its technical use and the needs it  will meet; indication of planned hours of operation. Also where project is part of a larger scheme  a description of the other investments planned;5.2. geographical location (to be indicated on the  map referred to in section 4.5);5.3. detailed technical description of the proposed work (plans to  be attached; distinguish between existing buildings and new construction);5.4. estimate of total  cost of work (indicate basis of calculation and date of estimates) (to be summarized on forms B  6  and B  7):- for construction work: break-down of costs,- for plant and equipment: copies of tenders  received,- summary table, analyzing total costs, giving where possible for each item figures for  the specification (e.g. m³, hl, power, capacity, etc.). 6. Proposed financing:6.1. complete form B  8;6.2. number of instalments of aid requested;6.3.  profitability (complete form B  9 and B  10). 7. Specific information for certain types of project:7.1. where there are specific Community rules  applicable to the sector concerned, (e.g. in the meat sector, the hygiene regulations of the  Community), indicate to what extent these rules are fulfilled.7.2. harvesting equipment:if such  investment is foreseen:- attach a separate financial plan for the purchase of the equipment,-  provide sufficient information to confirm that:- the equipment is indispensable to the achievement  of the objective of the project; and in particular, identical or comparable equipment is not  already used by or available to the producers concerned;- the investment represents the first  acquisition of such equipment;- the acquisition will yield economic benefits for the producers of  the products concerned in this project,- indicate whether the beneficiary will become and will  continue to be the owner of the equipment.  B  1 - SUMMARY   OF   BALANCE   SHEETSA. Enterprise  I. Tax accountsB. GroupII. Other  accountsYear ending, month ASSETS19  .  .  .19  .  .  .19  .  .  . 1.0. Formation expensesIntangible assetsLand and buildings, book value, H/RPlant machinery  and equipment, book valueShares in subsidiary and associated companies, etc. 1.1. Total fixed assetsStocks and work in progressTrade debtorsOther debtors and payments  on accountLiquid assets and securities1.2. Total current assets1.3. Total  assets(1.0+1.1+1.2)CAPITAL,   RESERVES   AND   LIABILITIESSubscribed capital paid  inRestricted reservesFree reservesProfit and loss account - balance from prior year  (±)Profit and loss account - profit for the year (±)1.4. Total capital and reserves1.5.  ProvisionsTrade creditorsBanks and credit institutionsOther medium- and long-term  liabilities1.6. Total medium- and long-term liabilitiesTrade creditorsBanks and credit  institutionsOther creditors and accruals1.7. Total current liabilities1.8. Total capital  and reserves + liabilities (1.4+1.5+1.6+1.7) (also=1.3)Other information (not to be added to  above): Land and buildings, historic replacement cost or insured value  (1)( )( )( )Plant, machinery and  equipment, historic or replacement cost or insured value  (1)( )( )( )Guarantee capital( )( )(  )Guarantees entered into for third parties and other contingent liabilities( )( )( )B  1-  Summary of balance sheets(a, b, c, d and e, also apply to form B  2)(a) Please fill in a  summary of each balance sheet and of trading and profit and loss accounts (forms B  1 and B  2),  for each beneficiary or, when a new enterprise has been set up, for those partners having an  interest of 20  % or more in the new company. (b) If the beneficiary is a subsidiary of another enterprise an additional set of forms B  1 and B   2 is to be filled in for the group as a whole and one copy of the consolidated group accounts for  each of the past three years shall be enclosed. Indicate by crosses in the respective boxes in the upper left hand corner whether the balance  sheet concerns an enterprise (A) or a group of enterprises (B) (consolidated account). (c) The three columns on the form should be completed with the figures for the most recent year in  the right hand column. Each line should be filled in, with a dash ( P) if the value is nil. The last year should be the last complete financial year before the date of the application. The month in which the financial year ends is to be indicated in the blank space above the three  columns. If the accounts of the latest financial year are provisional then please mention in a footnote and  forward a copy of the final accounts when available and, if applicable, audited, accompanied by a  revised form B  1. If, in any one of the three financial years concerned, the number of months in the accounting  period is different from 12 then please indicate in a footnote. (d) The basis for the schedule shall be the final accounts for the past three financial years duly  audited, if applicable. Indicate by crosses in the respective boxes in the upper right hand corner whether the account is  purely a tax account (I) or other account (II), or whether the same account is used for several  purposes (I and II). If the account are 'other` accounts indicate by a footnote their nature. (e) Form B  1 should for each of the three years concerned be accompanied by one copy of the  annual accounts comprising the balance sheet, the trading and profit and loss accounts and the  notes to the accounts. 1.0. Formation expensesIf national law allows this class of asset, and they are shown on the  balance sheet. 1.1.Intangible assetsBook value of concessions, patents, licences, trade marks, goodwill and  cost of research and development if national law permits. Land and buildings, book value, H/RBook value of land and buildings after deduction of  accumulated provision for depreciation. Indicate whether based on historic costs, H (cumulated  purchasing and construction costs of fixed assets at their cost at the time of acquisition) or  current replacement cost, R, by crossing out the letter not valid. Shares in subsidiary and associated companies, etc. Includes (1) holdings in or claims on associated undertakings, (2) trade investments, (3) other  securities ranked as fixed assets. 1.2. Liquid assets and securitiesInclude also shares held in the company itself. 1.4. Subscribed capitalBook value of stocks and shares of companies or cooperatives, etc. Profit and loss accountIn the case of a loss indicate ( P). 1.6. Long- and medium-term liabilitiesTotal debts becoming due after one year. Supplementary informationInsured value: Amount of cover for fire insurance purposes.  B  2 - SUMMARY   OF   TRADING   AND   PROFIT   AND   LOSS   ACCOUNTSA. Enterprise  I. Tax  accountsB. GroupII. Other accountsYear ending, month  19  .  .  .19  .  .  .19  .  .  . 2.1.1. Net turnover=2.1.2. Work on own account+2.1.3. Other operating receipts+2.2. Total  product=2.3. Cost of raw materials P2.4. Gross value added=2.5.1. Staff costs  I  (1)  P2.5.2. Staff costs  II  (2) P2.5.3. Other operating expenses P2.6. Operating profit before  depreciation=2.7.1. Depreciation, buildings, H/R P2.7.2. Depreciation, plant, machinery and  equipment P2.7.3. Depreciation, intangibles and other P2.8. Operating profit after  depreciation=2.9. Other income, including interest and dividends+2.10. Financial charges  P2.11. Exceptional and prior year profits and losses±2.12. Profit before tax=2.13. Taxes on  profits for the year P2.14. Profit after tax=B  2 - Summary of trading and profit and loss  accounts(Heading of scheme: See points (a), (b), (c), (d) and (e) in form B  1)2.1.1. The net  amount of turnover including receipts from sales of products, goods and services falling within the  usual operations of the company, after allowing for any discounts or rebates in respect of those sales, and for value added tax and  other taxes directly tied to the turnover. NB: Do not deduct distribution and sales costs. 2.1.2. Work carried out by the enterprise itself and adding to the value of the fixed assets of  the enterprise. 2.1.3. All income other than that mentioned above and resulting from the operation of the  enterprise itself and from rents and royalties. 2.3. Adjustment should be made under this heading for stocks at the beginning and the end of the  year. 2.5.3. Includes all other expenses than those mentioned above and relating directly to the  operation of the enterprise itself. NB: Interests and depreciation are excluded under this point. 2.7.1. Indicate by crossing out the letter not valid, whether historic cost basis (H) or current  replacement basis (R). 2.9. Includes mainly interest and revenue from shares. 2.11. All major items should be given on a separate sheet.>REFERENCE TO A FILM> B  6 -  PROJECT   COSTSDate of calculation of the estimates: 6.1. Purchase of land6.2. Road and earth work6.2.1. Ornamental work(Total road and earth  work)6.3. Buildings6.3.1. Buildings for unloading and loading6.3.2. Buildings for processing  and packing6.3.3. Buildings for cold storage6.3.4. Buildings for other storage6.3.5.  Buildings for services6.3.6. Offices and staff facilities6.3.7. Residential  accommodation6.3.8. Other buildingsTotal buildings6.4. Plant and equipment6.4.1. Plant and  equipment for processing and packing6.4.2. Plant and equipment for freezing and cold  storage6.4.3. Plant and equipment for internal transportation6.4.4. Plant and equipment for  external transportation6.4.5. Plant and equipment for services6.4.6. Plant and equipment for  pollution control6.4.7.1. Equipment for offices6.4.7.2. Equipment for staff rooms6.4.8.  Harvesting equipment6.4.9. Other equipmentTotal plant and equipment6.5. Other  investments6.6. Sub-total6.7. Technical charges6.8. Contingencies6.9. Inflation6.10.  TotalEstimates should be calculated in relation to the timetables for completion of the project. B  6 - InvestmentsSupporting documents have to be enclosed. Date of calculations should be indicated at the top of the page. All figures should be exclusive of recoverable VAT. If the beneficiary carries out investments other than those in this application, show on a  separate page, or by footnote, the total costs including increase in net working capital (current  assets - current liabilities) allocated to the years of construction of the project. In addition,  indicate the nature and capacity of the investment. If lines 6.3.1 to 6.3.8 cannot be completed  please explain. 6.1. If the beneficiary is not the owner of the land on which the project is located, state the  relationship between the beneficiary and the owner and attach copies of the relevant documents  (lease, etc.). 6.2. E.g. drainage and fencing, construction of access roads, railway connections, car parks and  courtyards. 6.3.4. All other stores, including stores for raw ancillary materials. 6.3.5. Comprises buildings and rooms for heating, power, water and air circulation, etc. 6.3.7. Full details should be given on a separate sheet if not included in accompanying  estimates. 6.4.3. Includes fork-lift trucks, trolleys, conveyors, transport chains, etc., not forming part of  a processing line. 6.4.4. Numbers and types of vehicles before and after project implementation should be given on a  separate sheet. 6.4.5. Comprises installations and equipment for heat and power plants, control rooms, etc. 6.4.6. Installations for the treatment of effluent purification of smoke and other waste  materials. 6.4.7. Give full details on another sheet if these do not appear in the detailed estimates. 6.5. All other capital expenditure not mentioned above. Give details on a separate sheet. 6.9. Take account of inflation only under this heading. Exclude under other headings.>REFERENCE TO  A FILM> B  8 - FINANCIAL   PLAN   FOR   THE   PROJECT8.1. Beneficiary`s contributionof  which: 8.1.1. Own funds8.1.2. Loans8.1.3. Payments in kind and work on own account8.2. Member  State`s contribution as capital grant8.3. Other contributions8.4. Aid requested from  EAGGF8.5. Total financial plan = total investmentsThe beneficiary undertakes to provide from  its own funds the balance arising from any shortfall between the aid requested and that awarded by  the EAGGF or the Member State. Date:   Signature: B  8 - Financial plan for the projectFinancial plan for the project. The financial plan should cover the total costs of all investments for which a subsidy is  requested. Point  8.5 corresponds to the amount given in Annex  A. Confirmation of loans by the lending agency should be attached, stating the amount, interest rate,  duration and repayment terms of each loan.  B 9 - PROFIT   AND   LOSS   FOR   THE   PROJECTYear ending, month: Year of operation:   FirstSecondThird  19  .  .  .19  .  .  .19  .  .  . 9.1.1. Net turnover9.1.2. Work on own account+9.1.3. Other operating receipts+9.2. Total  product=9.3. Costs of materials P9.4. Gross value added=9.5.1. Staff costs  I  (1) P9.5.2.  Staff costs  II  (2) P9.5.3. Other operating expenses P9.6. Operating profit before  depreciation=9.7.1. Depreciation, buildings, H/R P9.7.2. Depreciation, plant, machinery and  equipment P9.7.3. Depreciation, intangibles P9.8. Operating profit after depreciation=9.9.  Other income+9.10. Financial charges P9.11. Exceptional profits and losses±9.12. Profit  before tax=B 9 - Profit and loss forecast for the projectFill in the columns from left to  right, starting with the first financial year of operation of the project. Refer to explanation to  form B  2. For the first three years of full operation of the project. The figures should be given in  constant prices. Ignore inflation. In the case of new manufacturing unit indicate in a footnote the expected economic life of the  project expressed in years (separated by category of investment). For a project which is an extension or alteration of an existing manufacturing unit the difference  is that the profitability in this case will consist of savings and additional costs in any one of  the lines. The form should show the effect on the overall results of the company as pluses  (additional profit) and minuses (additional losses), e.g. additional sales value would be shown as  a plus figure; reduction in staff costs as a plus but increased staff costs as a minus, etc. In  this way the net profitability of the investment can be calculated. Please indicate against each amount whether it is (+) or ( P).  B  10 - PROFIT   AND   LOSS   FORECAST   FOR   ENTERPRISEYear ending, month: Year of operation:   FirstSecondThird  19  .  .  .19  .  .  .19  .  .  . 10.1.1. Net turnover10.1.2. Work on own account+10.1.3. Other operating receipts+10.2. Total  product=10.3. Cost of raw materials P10.4. Gross value added=10.5.1. Staff costs  I  (1)  P10.5.2. Staff costs  II  (2) P10.5.3. Other operating expenses P10.6. Operating profit  before depreciation=10.7.1. Depreciation, buildings, H/R P10.7.2. Depreciation, plant,  machinery and equipment P10.7.3. Depreciation, intangibles P10.8. Operating profit after  depreciation=10.9. Other income+10.10. Financial charges P10.11. Exceptional profits and  losses±10.12. Profit before tax=10.13. Taxes on profits for the year P10.14. Profit after  tax=B  10 - Profit and loss forecast for enterpriseRefer to explanation to form B  2. To be prepared for the first three years of full operation of the project. The figures should be  given in constant prices. Ignore inflation. This form is an estimate based on information available at the time of application. It goes  without saying that eventual actual results cannot be identical with the forecasts, even if these  were prepared with due care. '(1) Cross out items not applicable. (1) Aggregate remuneration of all employees (excluding directors). (2) Aggregate fees and salaries of directors, shareholders committee, and board members. (1) Aggregate remuneration of all employees (excluding directors). (2) Aggregate fees and salaries of directors, shareholders committee and board members. (1) Aggregate remuneration of all employees (excluding directors). (2) Aggregate fees and salaries of directors, shareholders committee and board members.