natgillin/translations-raw huggingface dataset:
Beneficiaries’ own contribution
Lastni prispevek upravičenca
Point 40 of the 1999 guidelines states that:
Smernice iz leta 1999 v točki 40 določajo:
‘Aid beneficiaries will be expected to make a significant contribution to the restructuring plan from their own resources, including through the sale of assets that are not essential to the firm’s survival, or from external financing at market conditions.’
„Upravičenci do pomoči bodo morali znatno prispevati k planu prestrukturiranja na osnovi lastnih virov, tudi s prodajo premoženja, ki ni nujno potrebno za preživetje podjetja, ali na osnovi zunanjega financiranja po tržnih pogojih.“
In the letter initiating the procedure (point 270), the Commission noted that, according to the restructuring plan, IFB did not appear to make a significant contribution of its own to its restructuring, and therefore the Commission had doubts as to whether IFB contributed sufficiently to its restructuring.
Komisija je v dopisu o sprožitvi postopka (točka 270) ugotovila, da se zdi, da družba IFB glede na načrt za prestrukturiranje ni veliko prispevala k svojemu prestrukturiranju, in da zato dvomi, da je družba IFB zadostno prispevala k svojemu prestrukturiranju.
Belgium, in its reply to the letter initiating the procedure, explained in detail what it considered IFB’s own contributions to be (see description in section 3 of this decision, points 194 to 201).
Belgija je v odgovoru na dopis o sprožitvi postopka podrobno pojasnila, kaj šteje za prispevke družbe IFB k svojemu prestrukturiranju (glej opis v delu 3 te odločbe, točke 194 do 201).
The Commission assesses Belgium’s explanations as follows:
Komisija je sprejela naslednjo oceno na podlagi pojasnil Belgije:
Costs of restructuring
Stroški prestrukturiranja
The Commission starts by determining the total cost of restructuring, net of productivity gains and reduction in working capital requirement.
Komisija najprej ugotovi skupne stroške prestrukturiranja, neto povečanje produktivnosti in zmanjšanje potreb po gibljivih sredstvih.
Net costs of restructuring
Neto stroški prestrukturiranja
Net operating loss
Neto izguba iz poslovanja
Increase in working capital requirement
Povečanje potrebe po gibljivih sredstvih
Investments and replacement of non-financial assets
Nadomestna vlaganja v nefinančna osnovna sredstva
Investments in financial assets
Vlaganja v finančne naložbe
Interest payments to businesses other than SNCB
Plačilo obresti podjetjem, razen SNCB
Repayment of financial debt
Vračilo finančnega dolga
Partial repayment of debt and interest to SNCB
Delno vračilo dolga in obresti do SNCB
Tax debts
Davčne obveznosti
In this respect, the Commission considers that it is justified, in accordance with its decision-making process [52], in retaining the costs in the table above, rather than the costs presented by Belgium (see the table in point 184), in particular for the following reasons:
Komisija v zvezi s tem meni, da je v skladu z njeno prakso odločanja [52] upravičeno upoštevati stroške, navedene v zgornji tabeli, namesto stroškov, kot jih je predstavila Belgija (glej tabelo v točki 184), predvsem zaradi naslednjih razlogov:
The operating loss (the ‘cash drain’).
izguba iz poslovanja („cash-drain“).
Belgium had included EUR 27,916 million as ‘gross operating loss’ in the restructuring costs.
Belgija je v stroške prestrukturiranja vključila 27,916 milijona EUR kot „bruto izgubo iz poslovanja“.
The Commission considers that, in line with its decision-making practice [53], only the net operating loss should be included in the restructuring costs.
Komisija meni, da je treba glede na njeno prakso odločanja [53] v stroške prestrukturiranja vključiti samo neto izgubo iz poslovanja.
These costs may be obtained by deducting the productivity gains during the restructuring period (EUR 25,167 million) from the gross operating loss during the restructuring period (EUR 27,916 million).
Ti stroški se lahko dobijo tako, da se od bruto izgube iz poslovanja, nastale v obdobju prestrukturiranja (27,916 milijona EUR), odšteje povečanje produktivnosti v obdobju prestrukturiranja (25,167 milijona EUR).
Consequently, the net operating loss is EUR 2,749 million,Variations in working capital requirement.
Zato je neto izguba iz poslovanja 2,749 milijona EUR; spremembe potrebe po gibljivih sredstvih.
In the sections ‘costs’ and ‘own contribution’, Belgium mentions variations in the working capital requirement [54].
Belgija v delih „stroški“ in „lastni prispevek“ navaja spremembe potreb po gibljivih sredstvih.
In accordance with the Commission’s decision-making practice [55], only the net increase in working capital requirement should be taken into account for the restructuring costs, which is EUR 12,998 million [56],Inter-group transfers.
V skladu s prakso odločanja Komisije [55] se za stroške prestrukturiranja upošteva samo neto povečanje potrebe po gibljivih sredstvih, ki znaša 12,998 milijona EUR [56]; prenosi znotraj skupine.
In the costs of restructuring, Belgium includes, under the heading ‘investments in financial assets’, inter-group transfers linked to the centralisation of the Belgian shareholdings in the group.
Belgija v stroške prestrukturiranja v rubriki „vlaganja v finančne naložbe“ vključuje prenose znotraj skupine, povezane s centralizacijo belgijskih deležev v skupini.
These transfers were as follows: shares in RKE (a Belgian firm, described in detail in section 2, point 47, of the letter initiating the procedure), held by Haeger & Schmidt International (a 100 % subsidiary of IFB in Germany, described in detail in section 2, point 47, of the letter initiating the procedure) were transferred to IFB, which now holds them directly, and no longer indirectly via Haeger & Schmidt International.
Ti prenosi so bili naslednji: delnice družbe RKE (belgijsko podjetje, podrobno opisano v delu 2, točka 47, dopisa o sprožitvi postopka) v lasti družbe Haeger & Schmidt International (hčerinska družba v 100-odstotni lasti družbe IFB v Nemčiji, tudi podrobno opisana v točki 47 dela 2 dopisa o sprožitvi postopka) so bile prenesene v družbo IFB, ki jih ima v lasti neposredno in ne več posredno prek družbe Haeger & Schmidt International.
The price of this transaction was EUR 1,6 million and was settled by a cash payment of EUR 0,6 million and by a reduction in IFB’s receivables (current account) from Haeger & Schmidt International of EUR 1 million.
Cena te transakcije je znašala 1,6 milijona EUR in se je plačala v gotovini v znesku 0,6 milijona EUR in z zmanjšanjem terjatev (tekoči račun) družbe IFB do družbe Haeger & Schmidt International za 1 milijon EUR.
The Commission considers that this transaction, which constitutes a transfer within the IFB group, may not be taken into consideration as a restructuring cost, as it is financially neutral at group level.
Komisija meni, da se ta transakcija, ki je prenos znotraj skupine IFB, ne more upoštevati v stroških prestrukturiranja, saj je finančno nevtralna na ravni skupine.
At a cost of EUR 0,6 million to IFB, this corresponds to an increase in profits of EUR 0,6 million for Haeger & Schmidt International, which appears in the consolidated accounts for the group as a profit increase.
Stroškom 0,6 milijona EUR namreč ustreza izboljšani rezultat v višini 0,6 milijona EUR družbe Haeger & Schmidt International, ki je naveden v konsolidiranih računovodskih izkazih kot povečanje dobička.
Financing by SNCB and own shareholding in IFB
Financiranje s strani SNCB in lastna udeležba družbe IFB
SNCB financed the restructuring to the tune of EUR 95,3 million. As demonstrated in points 199 to 237, this financing is imputable to Belgium.
Družba SNCB financira prestrukturiranje v višini 95,3 milijona EUR. Kot je dokazano v točkah 199 do 237, se to financiranje lahko pripiše Belgiji.
It will involve a conversion into capital of the credit facility and receivables for which a payment extension was awarded, together with the interest pertaining to it.
Financiranje se bo izvedlo s pretvorbo posojila in terjatev, za katere je bil odobren plačilni rok, ter z njimi povezanih obresti v kapital.
Contrary to point 43 of the 2004 guidelines, the 1999 guidelines do not prevent the firm’s own contribution consisting of future profits.
Smernice iz leta 1999 v nasprotju s točko 43 smernic iz leta 2004 ne izključujejo, da je lastni prispevek podjetja lahko sestavljen iz prihodnjega dobička.
The Commission considers that, within the context of the 1999 guidelines, future profits can constitute an own contribution, if the future profits were foreseeable at the time when the restructuring plan was prepared.
Komisija meni, da je lahko v okviru smernic iz leta 1999 prihodnji dobiček lastni prispevek, če ga je bilo mogoče napovedati ob pripravi načrta za prestrukturiranje.
IFB will contribute to its own restructuring initially by means of the profits forecast for the years 2004, 2005 and 2006, which should amount to a total of EUR 10,5 million. As already explained, the forecast of these profits was based on the factual elements known to IFB at the time of the development of the restructuring plan, such as the conclusion of major new contracts, a reduction in salary costs following a reduction in the workforce, and synergies forecast in the restructuring plan.
Družba IFB bo za prestrukturiranje najprej prispevala svoj dobiček, predviden za leta 2004, 2005 in 2006, ki bi moral skupaj znašati 10,5 milijona EUR. Kot je bilo že pojasnjeno, je napoved tega dobička temeljila na dejanskih elementih, ki jih je družba IFB poznala v času priprave načrta za prestrukturiranje, kot so sklenitev novih pomembnih pogodb, zmanjšanje stroškov dela zaradi zmanjšanja števila delovne sile, in sinergije, predvidene v načrtu za prestrukturiranje.
Consequently, the Commission concludes that these future profits were foreseeable at the time when the restructuring plan was prepared.
Zato Komisija sklepa, da je bilo ta prihodnji dobiček mogoče napovedati v času priprave načrta za prestrukturiranje.
Later, IFB will contribute from its financial receipts, which result from accumulated interest on IFB’s bank accounts, and which amount to EUR 1,4 million in total. As described in point 187, these future receipts were foreseeable at the time when the restructuring plan was prepared.
Družba IFB bo poleg tega prispevala svoje finančne prihodke, ki izhajajo iz obresti, nabranih na bančnih računih družbe IFB, in skupaj znašajo 1,4 milijona EUR. Kot je opisano v točki 187, je bilo te prihodnje prihodke mogoče napovedati v času priprave načrta za prestrukturiranje.
By the sale of ‘non financial’ assets to private firms, IFB will contribute EUR 4 771 million. Besides the sale of various assets of relatively limited size, totalling EUR 0,271 million, this part of the contribution principally comprised the divestiture in 2004 of assets utilised at the OCHZ terminal.
Družba IFB bo s prodajo „nefinančnih“ osnovnih sredstev zasebnim podjetjem prispevala znesek v višini 4,771 milijona EUR. Brez prodaje različnih sredstev v razmeroma omejenem obsegu, ki skupaj znašajo 0,271 milijona EUR, je ta del prispevka sestavljen predvsem iz dezinvestiranja sredstev, uporabljenih v terminalu OCHZ, v letu 2004.
The co-ownership rights (50 %) to these assets utilised by OCHZ were ceded for a price of EUR 4,5 million.
Solastniške pravice (50 %) do teh sredstev, ki jih uporablja OCHZ, so se prenesle za ceno 4,5 milijona EUR.
IFB will release EUR 9,287 million by the sale of ‘financial’ assets, i.e. the sale of minority shareholdings in private firms. These revenues were generated by the divestiture of
Družba IFB je s prodajo „finančnih“ naložb, se pravi s prodajo manjšinskih deležev zasebnim podjetjem, zbrala 9,287 milijona EUR. Ti prihodki so se ustvarili z dezinvestiranjem
Autocare Europe and IFB France in 2003,
družb Autocare Europe in IFB France v letu 2003,
GIE OCHZ, Brussels Port Invest SA and Brussels Terminal Intermodal SA in 2004, and
združenja OCHZ, družb Brussels Port Invest SA in Brussels Terminal Intermodal SA v letu 2004 ter
CNC Ferry Boats Intermodal in 2005.
družbe CNC Ferry Boats Intermodal v letu 2005.
As described in point 187, these future receipts were foreseeable at the time when the restructuring plan was prepared.
Kot je opisano v točki 187, je bilo te prihodnje prihodke mogoče napovedati v času priprave načrta za prestrukturiranje.
The Commission considers that Belgium has demonstrated that, by means of the sales to private firms described above, IFB has reduced its activities to its core business.
Komisija meni, da je Belgija dokazala, da je družba IFB s prodajo zasebnim podjetjem, ki so našteta zgoraj, zmanjšala svoje dejavnosti na glavne dejavnosti.
They have been obtained under market conditions, and without the offer of security on the part of SNCB or the Belgian State to the banking establishments.
Pridobila jih je po tržnih pogojih in brez poroštva družbe SNCB ali Belgije bančnim ustanovam.
Finally, IFB is contributing EUR 1,105 million, arising from exceptional receipts.
Nazadnje, družba IFB prispeva znesek v višini 1,105 milijona EUR, ki izvira iz izrednih prihodkov.
These exceptional receipts correspond to capital increases achieved on the sale of non-financial assets (mainly of EAOS wagons and rolling stock at the terminals).
Ti izredni prihodki ustrezajo kapitalskemu dobičku, ustvarjenemu s prodajo nefinančnih osnovnih sredstev (predvsem vagonov EAOS in voznih sredstev na terminalih).
The Commission concludes that IFB’s own involvement in the restructuring costs amounts to EUR 24,927 million. The following table summarise all IFB’s contributions:
Komisija sklepa, da lastni prispevek družbe IFB k stroškom njenega prestrukturiranja znaša 24,927 milijona EUR. Naslednja tabela povzema vse prispevke družbe IFB:
Profits 2004 to 2006
Dobiček v letih 2004 do 2006
Sale of non-financial assets
Prodaja nefinančnih osnovnih sredstev
Sale of financial assets
Prodaja finančnih naložb
Credit entered into with private banks
Posojila, najeta pri zasebnih bankah
Conclusion on own contribution
Sklep o lastnem prispevku
To summarise, out of the total costs for the restructuring of IFB, which amount to EUR 125,56 million, EUR 95,3 million, or 76 %, were paid by SNCB.
Če povzamemo, skupne stroške za prestrukturiranje družbe IFB, ki znašajo 125,56 milijona EUR, v višini 95,3 milijona EUR oziroma 76 % je plačala družba SNCB.
This financing is imputable to the Belgian State.
To financiranje se lahko pripiše Belgiji.
EUR 30,26 million, or 24 %, of these costs were borne by IFB itself.
30,26 milijonov EUR oziroma 24 % teh stroškov je nosila družba IFB sama.
In this case, the Commission recalls that the 1999 guidelines do not impose a minimum level of own contribution, but only a significant contribution.
Komisija v tem primeru opozarja, da smernice iz leta 1999 ne nalagajo minimalne stopnje lastnega prispevka, ampak samo znaten prispevek.
Nevertheless, inasmuch as the 2004 guidelines, which are not applicable in this case, insist upon an own contribution greater than 50 %, the Commission believes that it is useful to recall the particular difficulties of restructuring (upon which 250 jobs in Belgium directly depend); the scale of the reductions in capacity (reduction of 49 % of the rail wagons; handover of several terminals); and the importance of combined transport, the market in which IFB is principally active, to the European Union’s transport policy.
Vendar če nove smernice iz leta 2004, ki se ne uporabljajo v tem primeru, zahtevajo lasten prispevek, ki je višji od 50 %, se Komisiji zdi potrebno opozoriti na posebne težave okoliščin prestrukturiranja (od katerega je neposredno odvisnih 250 delovnih mest v Belgiji), obseg zmanjšanja zmogljivosti (zmanjšanje števila železniških vagonov za 49 %, prenos več terminalov) in obseg kombiniranega prevoza, trga, na katerem je družba IFB predvsem dejavna, v prometni politiki Evropske unije.
The Commission concludes that, under these circumstances, and in view of the size of the IFB business and its disastrous financial situation prior to its restructuring, a shareholding of 24 % constitutes a significant shareholding.
Komisija sklepa, da je udeležba v višini 24 % v teh okoliščinah znatna udeležba glede na velikost družbe IFB in njen porazen finančni položaj pred prestrukturiranjem.
Annual report and ‘one time, last time’
Letno poročilo in „enkrat in zadnjič“
The 1999 guidelines state in points 45 and 48:
Smernice iz leta 1999 v točkah 45 in 48 določajo:
The Commission must be put in a position to make certain that the restructuring plan is being implemented properly, through detailed regular reports communicated by the Member State concerned. […]
Komisija mora imeti možnost, da preveri, ali se plan prestrukturiranja izvaja pravilno. To doseže tako, da ji zadevne države članice pošiljajo redna in natančna poročila.
In order to prevent firms from being unfairly assisted, restructuring aid should be granted once only.
Da podjetja ne bi neupravičeno prejemala pomoči, se pomoč za prestrukturiranje lahko dodeli samo enkrat.
When planned restructuring aid is notified to the Commission, the Member State must specify whether the firm concerned has in the past already received restructuring aid, including aid granted before entry into force of these Guidelines and any unnotified aid.
V prilastitvi načrtovane pomoči za prestrukturiranje Komisiji morajo države članice navesti, ali je zadevno podjetje v preteklosti že prejemalo pomoč za prestrukturiranje, vključno s pomočjo, ki je bila dodeljena pred začetkom veljavnosti teh smernic in z nepriglašeno pomočjo.
If so, and where less than 10 years has elapsed since the restructuring period came to an end or implementation of the plan has been halted, the Commission will normally allow further restructuring aid only in exceptional and unforeseeable circumstances for which the company is not responsible.
Če je podjetje prejemalo pomoč in če je do konca obdobja prestrukturiranja preteklo manj kakor 10 let ali če je bilo izvajanje plana ustavljeno, bo Komisija navadno dovolila nadaljnjo pomoč za prestrukturiranje le v izjemnih in nepredvidljivih okoliščinah, za katere podjetje ni odgovorno.
An unforeseeable circumstance is one which could in no way be anticipated when the restructuring plan was drawn up.’
Nepredvidljive okoliščine so tiste, ki jih nikakor ni bilo mogoče predvideti pri pripravi plana prestrukturiranja.“
As already noted in the decision initiating the procedure (point 271), the Belgian Government agreed to provide the Commission with an annual report to allow the Commission to evaluate whether the restructuring plan was implemented in accordance with the commitments made by the Belgian authorities.
Kot je že bilo ugotovljeno v odločbi o sprožitvi postopka (točka 271), se je belgijska vlada strinjala, da Komisiji pošlje letno poročilo, da bi ta lahko ocenila, ali je bil načrt za prestrukturiranje izveden v skladu z zavezami, ki so jih sprejeli belgijski organi.
As also noted in the decision initiating the procedure (point 271), the criterion ‘one time, last time’ has been respected.
Prav tako je v odločbi o sprožitvi postopka (točka 271) ugotovljeno, da se je merilo „enkrat in zadnjič“ upoštevalo.
The Commission finds that Belgium unlawfully implemented some of the measures in question in violation of Article 88(3) EC.
Komisija ugotavlja, da je Belgija nezakonito izvedla del zadevnih ukrepov v nasprotju s členom 88(3) Pogodbe.
However, the assessment of the measures has shown that, in part, they do not constitute aid, and as far as the rest are concerned, they are compatible with the common market,
Vendar je preučitev ukrepov pokazala, da deloma niso pomoč in da so v preostalem združljivi s skupnim trgom –
The financing of the restructuring of the activities of Inter Ferry Boats SA in Belgium and the financing of the divestiture of Inter Ferry Boats SA in France for the amount of EUR 95,3 million by Société Nationale des Chemins de Fer Belges, imputable to Belgium and implemented by the latter, constitute State aid for restructuring, which is compatible with the common market.
Financiranje prestrukturiranja dejavnosti družbe InterFerryBoats SA v Belgiji in financiranje dezinvesticij dejavnosti družbe InterFerryBoats SA v Franciji v višini 95,3 milijona EUR s strani Société nationale des chemins de fer belges, ki se lahko pripiše Belgiji in ga je ta izvedla, je državna pomoč za prestrukturiranje, ki je združljiva s skupnim trgom.
OJ C 159, 8.7.2006, p. 2.
UL C 159, 8.7.2006, str. 2.
Moniteur Belge of 24 July 1926.
Moniteur Belge z dne 24. julija 1926.
Date of entry into force of the Royal Decree of 30 September 1992 approving the first contract for administration of Société Nationale de Chemins de Fer Belges and specifying the measures relevant to that company, Moniteur Belge of 14 October 1992.
Datum začetka veljavnosti kraljevega odloka z dne 30. septembra 1992 o odobritvi prve pogodbe o upravljanju Société nationale des chemins de fer belges in o ukrepih za to družbo, Moniteur Belge z dne 14. oktobra 1992.
As defined in the Act of 21 March 1991 reforming certain public economic undertakings, Moniteur Belge of 27 March 1991.
Kot je opredeljeno v zakonu z dne 21. marca 1991 o reformi določenih javnih gospodarskih podjetij, Moniteur belge z dne 27. marca 1991.
IFB already has a shareholding of 0,9 % in this company, which operates the terminals in Antwerp, Zeebrugge, Oostende, Charleroi, Liège, Brussels, Etge, Genk and Muizen, and offers rail freight services to 11 Member States.
IFB že ima 0,9-odstotni delež v tej družbi, ki upravlja terminale v krajih Antwerpen, Zeebrugge, Oostende, Charleroi, Liege, Bruselj, Etge, Genk in Muizen ter zagotavlja tovorne vlake za 11 držav članic.
Confidential data.
Zaupni podatki
The increase in the number of working days per annum led to a cost reduction of around EUR 0,6 million per annum; the centralisation of the administrative and commercial services in Berchem led to a cost reduction of around EUR 0,2 million per annum, and the reduction of up to 35 FTE led to a cost reduction of EUR 1,75 million per annum.
Povečanje števila delovnih dni na leto je znižalo stroške za približno 0,6 milijona EUR na leto; centralizacija upravnih in komercialnih služb v Berchemu je znižala stroške za približno 0,2 milijona EUR na leto in zmanjšanje števila zaposlenih za 35 EPDČ je znižalo stroške za 1,75 milijona EUR na leto.
Full-time equivalents.
Ekvivalent polnega delovnega časa.
Court judgment of 16 May 2002, France v Commission (Case C-482/99 [2002] ECR I-4397), ‘Stardust Marine’ jud gment.
Sodba Sodišča z dne 16. maja 2002 v zadevi Francija proti Komisiji (C-482/99, ZOdl. 2002, str. I-4397), sodba „Stardust Marine“.
Judgment of the Court of First Instance of 27 January 1998 in Case T-67/94, Ladbroke Racing [1998] I-1, paragraph 109, confirmed by the Court of Justice judgment of 16 May 2000 in Case C-83/98 P, Ladbroke Racing [2000] I-3271, paragraph 48.
Sodba Sodišča prve stopnje z dne 27. januarja 1998 v zadevi Ladbroke Racing (T-67/94, ZOdl. 1998, str. I-1, točka 109), potrjena s sodbo Sodišča z dne 16. maja 2000 v zadevi Ladbroke Racing (C-83/98, ZOdl. 2000, str. I-3271, točka 48).
Decision of 7 December 2005, Case C(2005) 4447 (OJ L 383, 28.12.2006, p. 21).
Odločba z dne 7. decembra 2005, zadeva C(2005) 4447 (UL L 383, 28.12.2006, str. 21).
From 1.5.2001 to 31.12.2001.
du 1.5.2001 au 31.12.2001
Karin S. Thorburn, Tuck School of Business Administration of Dartmouth College, published in Journal of Financial Economics (#58, 2000), and based on an analysis of 263 businesses in Sweden.
Karin S. Thorburn, Tuck School of Business Administration of Dartmouth College, objavljena v Journal of Financial Economics (#58, 2000), v študijo je bilo vključenih 263 podjetij na Švedskem.
(Ormet Corporation filed its balance sheet on 30 January 2004 and submitted a reorganisation plan to the competent courts in September 2004).
(Ormet Corporation je razglasila stečaj 30 januarja 2004 in septembra 2004 pristojnim sodiščem predložila načrt za reorganizacijo.)
The Belgian authorities commented that the rate is noticeably higher than the rate of 33 % used by Professor Thorburn in her study referred to above.
Belgijski organi pripominjajo, da je ta stopnja občutno višja od stopnje 33 %, ki jo je profesor Thorburn uporabil v navedeni študiji.