natgillin/translations-raw huggingface dataset:
the amount of the advance was necessary to keep the company in business for the limited period for which it was granted; the amount was proportionate and was comparable to the amounts of rescue aid authorised by the Commission for other undertakings of similar size or undertakings operating in the same industry.
je bil dodeljeni znesek nujen, da bi družba lahko poslovala v določenem obdobju, za katero je bila odobrena pomoč; znesek je sorazmeren in primerljiv z drugimi zneski pomoči za reševanje, ki jih je odobrila Komisija za družbe podobne velikosti ali družbe v isti panogi.
In Greece’s opinion the new law protecting Olympic Airways Services and Olympic Aviation from enforcement proceedings (Law 3259/2004) was necessary to ensure the privatisation process.
Po mnenju Grčije je bil novi zakon, s katerim sta bili družbi Olympic Airways Services in Olympic Aviation zaščiteni pred izvršilnimi postopki (zakon št. 3259/2004), potreben za zagotovitev postopka privatizacije.
This temporary measure did not deprive creditors of their rights, but suspended enforcement proceedings for a limited period.
S tem začasnim ukrepom upnikom niso bile odvzete pravice, pač pa so bili za določeno obdobje ustavljeni izvršilni postopki.
The temporary protection from creditors that it provided did not apply against the Greek State or other public bodies, and applied only to Olympic Airways and Olympic Aviation.
Ta začasna zaščita pred upniki se ni uporabljala v zvezi z grško državo ali drugimi javnimi organi, ampak je veljala samo za družbi Olympic Airways in Olympic Aviation.
The measure did not constitute State aid, as it involved no transfer of State resources.
Ukrep ni pomenil državne pomoči, ker ni vključeval prenosov državnih sredstev.
(Under Law 3185/2003, following the hive-off creditors would be able to bring proceedings against Olympic Airlines only in respect of debts transferred to Olympic Airlines.)
(Na podlagi zakona št. 3185/2003 lahko upniki po izčlenitvi zoper družbo Olympic Airlines ukrepajo samo v zvezi s tistimi dolgovi, ki se prenesejo na to družbo.)
Public service obligations and designations under bilateral agreements
Obveznosti javne službe in prometne pravice na podlagi dvostranskih sporazumov
Greece took the view that the transfer to Olympic Airlines of public service obligations and bilateral designation rights had taken place by virtue of rights of succession in accordance with Greek corporate law.
Po mnenju Grčije je bil prenos obveznosti javne službe in prometnih pravic v okviru dvostranskih sporazumov na družbo Olympic Airlines izveden na podlagi nasledstvenih pravic v skladu z grškim pravom družb.
The routes in question had been operated either by Olympic Airways or by Olympic Aviation, and the flight divisions of these companies had been transferred to Olympic Airlines.
Zadevne polete na teh linijah sta opravljali družbi Olympic Airways in Olympic Aviation, oddelka za polete teh družb pa sta postala del družbe Olympic Airlines.
With reference to the allegation that Macedonian had an outstanding tax bill of GRD 3,5 billion, Greece explained that an outstanding tax bill relating to the period 1993-1997 was the subject of litigation in the courts.
V zvezi z domnevnim davčnim dolgom družbe Macedonian v višini 3,5 milijarde GRD je Grčija pojasnila, da je bil neporavnan davčni dolg za obdobje 1993–1997 predmet spora pred grškimi sodišči.
Including charges and penalties, the amount at issue was EUR 9106481,75; the case was still ongoing.
Zadevni znesek, vključno z obrestmi in kaznimi, znaša 9106481,75 EUR, zadeva pa še poteka pred sodišči.
Pending the outcome of the proceedings the company had made appropriate provision for the liability in its accounts.
Med čakanjem na rešitev tega spora družba v svojih računovodskih izkazih oblikuje ustrezne rezervacije za to obveznost.
RYANAIR’S COMMENTS
PRIPOMBE DRUŽBE RYANAIR
Greece rejected Ryanair’s comments completely: it said that Ryanair was not active on the Greek market, did not compete with Olympic Airlines, and was using the proceedings to advance arguments relating to its own ongoing debate with the Commission.
Grčija je v celoti zavrgla pripombe družbe Ryanair: navaja, da družba Ryanair ni dejavna na grškem trgu, da ni konkurent družbe Olympic Airlines in da izkorišča ta postopek za izpostavljanje trditev v zvezi z lastno tekočo razpravo s Komisijo.
COMMENTS SUBMITTED BY GREECE FOLLOWING RECEIPT OF THE LETTER GIVING FORMAL NOTICE OF A SUSPENSION INJUNCTION
PRIPOMBE GRČIJE PO PREJEMU URADNEGA OBVESTILA V ZVEZI Z ODREDBO O ZAČASNEM ODLOGU
On 11 October 2004 the Commission sent a letter giving Greece formal notice that it proposed to issue a suspension injunction requiring Greece to suspend any illegal aid until a decision could be taken on its compatibility.
Komisija je 11. oktobra 2004 Grčiji poslala uradno obvestilo, da namerava izdati odredbo o začasnem odlogu, v skladu s katero bo morala Grčija začasno odložiti vso nezakonito pomoč, dokler Komisija ne odloči o njeni združljivosti.
The letter informed Greece that it intended to adopt such an injunction if within ten days of the date of receipt of the letter it did not receive satisfactory information demonstrating that Greece was no longer making aid payments to the beneficiaries.
Grčija je bila tako obveščena, da bo Komisija sprejela tako odredbo, če od te države v desetih dneh od prejema obvestila ne dobi zadovoljivih informacij, ki dokazujejo, da je Grčija upravičenkam prenehala izplačevati pomoč.
Greece was asked to submit its comments on the matter.
Grčija je bila pozvana, naj predloži pripombe v zvezi s tem.
On the ‘special account’, and the payment of EUR 130312450 to Olympic Airlines from that account, they said this was the act of a prudent investor, or possibly a payment of rescue aid.
Kar zadeva „posebni račun“ in izplačilo 130312450 EUR s tega računa družbi Olympic Airlines, so grški organi navedli, je to ukrep preudarnega vlagatelja ali morda izplačilo pomoči za reševanje.
They could not see the need for a suspension injunction at this stage of the investigation: there had been no significant change in the circumstances since the procedure had been initiated, and there was no evidence of substantial and irreparable damage that might warrant the adoption of such an injunction.
Grški organi so izjavili, da v tej fazi postopka preiskave ne vidijo potrebe po odredbi o začasnem odlogu: okoliščine se od začetka postopka niso bistveno spremenile in ni bilo dokazov o resni nevarnosti znatne in nepopravljive škode, s katero bi bilo mogoče utemeljiti sprejetje take odredbe.
COMMENTS SUBMITTED BY GREECE FOLLOWING THE JUDGMENT IN CASE C-415/03 COMMISSION V GREECE
PRIPOMBE GRČIJE PO SODBI V ZADEVI C-415/03 KOMISIJA PROTI GRČIJI
As previously mentioned, the Commission wrote to the Greek authorities on 23 May 2005 seeking information on the measures to be taken by Greece to comply with the judgment of the Court of Justice in Case C-415/03 Commission v Greece.
Kot je bilo že navedeno, je Komisija na grške organe 23. maja 2005 naslovila dopis, v katerem je zahtevala informacije o ukrepih, ki jih bo sprejela Grčija za zagotovitev skladnosti s sodbo Sodišča v zadevi C-415/03 Komisija proti Grčiji.
The Greek authorities replied by letter dated 2 June 2005; that letter was concerned primarily with the issue of recovery following the 2002 Decision, but it will be considered here in so far as touches on questions relating to the restructuring and proposed privatisation that form the subject matter of the current investigation.
Grški organi so odgovorili z dopisom z dne 2. junija 2005; ta dopis se je nanašal predvsem na vprašanje izterjave na podlagi odločbe iz leta 2002, vendar bo preučen v okviru tega postopka, če se dotika vprašanj v zvezi s prestrukturiranjem in predlagano privatizacijo, ki so predmet tega postopka preiskave.
In the first place, the Greek authorities wanted to raise certain issues relating to the recovery of aid from Olympic Airways.
Grški organi so hoteli najprej izpostaviti nekatera vprašanja v zvezi z izterjavo pomoči od družbe Olympic Airways.
The Greek authorities said that according to paragraph 33 of the Court judgment ‘the operation in issue transferred all the assets of the company Olympic Airways … to the new company Olympic Airlines’, but that that was not correct, and that several important assets remained with Olympic Airways, which continued to be active in several markets.
Grški organi so navedli, da čeprav je v točki 33 sodbe Sodišča navedeno, da so bila „z zadevno transakcijo vsa sredstva družbe Olympic Airways prenesena … na novo družbo Olympic Airlines“, to ne drži in da je več pomembnih sredstev ostalo v lasti družbe Olympic Airways, ki je še naprej dejavna na več trgih.
The companies within the Olympic Airways group were in the process of being privatised, and details of this privatisation had already been given to the Commission departments.
Družbe v skupini Olympic Airways so bile v postopku privatizacije in podrobnosti o tej privatizaciji so že bile sporočene službam Komisije.
The Greek authorities intended to comply fully with the recovery requirement, and when the assets of Olympic Airlines had been sold the proceeds would go directly to the Greek State.
Grški organi so nameravali v celoti izterjati zadevni znesek; po prodaji sredstev družbe Olympic Airlines naj bi prihodke od prodaje neposredno prejela grška država.
If those proceeds were not enough to cover the sums that had to be recovered, use would be made of the proceeds of the sale of Olympic Airways group companies lodged in the special account in the name of the Greek State.
Če s tem zadevni znesek ne bi bil v celoti povrnjen, naj bi bili uporabljeni prihodki od prodaje družb skupine Olympic Airways, položeni na posebni račun v imenu grške države.
Once all these avenues had been exhausted it was the intention of the Greek authorities to liquidate Olympic Airways.
Ko bi bile vse te možnosti izčrpane, naj bi grški organi likvidirali Olympic Airways.
RESULTS OF THE EXPERT STUDY REQUESTED BY THE COMMISSION
5 IZSLEDKI STROKOVNE ŠTUDIJE, KI JO JE NAROČILA KOMISIJA
Before the Commission could assess the points raised when the procedure was initiated, and the information supplied by the Greek authorities and the third parties, it considered it necessary to review the current economic and financial situation of Olympic Airways (Olympic Airways Services) and Olympic Airlines, and the progress that had been made with restructuring and privatisation.
Preden je Komisija lahko presodila vidike, izpostavljene ob začetku postopka, ter informacije, ki so jih predložili grški organi in tretje strani, je bilo po njenem mnenju treba preučiti sedanje gospodarsko in finančno stanje družb Olympic Airways (Olympic Airways Services) in Olympic Airlines ter napredek, ki je bil dosežen pri prestrukturiranju in privatizaciji.
To this end the Commission engaged the services of independent experts, Moore Stephens, to carry out a study of the restructuring, operations and privatisation to date of the various companies in the Olympic Airways group and to submit its findings on what had happened since the restructuring.
V ta namen je Komisija najela neodvisnega strokovnjaka, družbo Moore Stephens, ki je imel nalogo izvesti študijo dosedanjega prestrukturiranja, postopkov in privatizacije različnih družb skupine Olympic Airways ter ugotoviti, kaj se je dogajalo po prestrukturiranju.
EXPERT CONCLUSIONS RELATIVE TO THE RESTRUCTURING
UGOTOVITVE STROKOVNJAKOV V ZVEZI S PRESTRUKTURIRANJEM
The experts examined the restructuring operation and the way in which the assets and liabilities to be transferred to Olympic Airlines and to remain with Olympic Airways had been evaluated; they indicated that certain entries were not in accordance with either Greek or international generally accepted accounting principles (GAAP).
Strokovnjaki so preučili postopek prestrukturiranja ter način, kako so bili ocenjeni sredstva in obveznosti, preneseni na družbo Olympic Airlines oziroma prepuščeni družbi Olympic Airways; navedli so, da nekatere vknjižbe niso v skladu bodisi z grškimi bodisi mednarodnimi splošno sprejetimi računovodskimi načeli (GAAP).
They indicated that a figure of EUR 30 million for goodwill had been recognised on Olympic Airways’ balance sheet prior to the restructuring.
Po navedbah strokovnjakov je bil v bilanci stanja družbe Olympic Airways pred prestrukturiranjem pripoznan znesek 30 milijonov EUR za dobro ime.
This figure was a valuation, by management, of the Olympic brand name, the Olympic logo, the Olympic Airlines trademark, and slots and bilateral agreements.
S tem zneskom je uprava ovrednotila tržno ime Olympic, logotip Olympic, storitveno znamko družbe Olympic Airlines ter slote in dvostranske sporazume.
Neither Greek nor international GAAP allowed internally generated intangible fixed assets or goodwill to be recognised on the balance sheet.
Ne grška ne mednarodna načela GAAP ne omogočajo, da se v bilanci stanja pripoznajo neopredmetena osnovna sredstva ali dobro ime, ki se ustvarijo znotraj družbe.
Another possible point of concern related to the valuation of aircraft.
Še en mogoč pomislek je povezan z vrednotenjem letal.
At the time of the hive-off, aircraft and aircraft engines owned by Olympic Airways and Olympic Aviation had been revalued at current market value.
Ob izčlenitvi so bili letala in motorji letal, ki so bili v lasti družb Olympic Airways in Olympic Aviation, prevrednoteni na takratno tržno vrednost.
This exercise was carried out at 1 October 2003 by an international airline consultant, Airclaims Ltd, and resulted in an increase of approximately EUR 43,2 million over the existing written-down value.
To prevrednotenje je 1. oktobra 2003 izvedel mednarodni svetovalec za letalske prevoznike, družba Airclaims Ltd., rezultat prevrednotenja pa je bilo povečanje obstoječe neto knjigovodske vrednosti za približno 43,2 milijona EUR.
The experts pointed out that the opening balance sheet for Olympic Airlines contained no allowance for doubtful debts against trade receivables.
Strokovnjaki poudarjajo, da začetna bilanca stanja družbe Olympic Airlines ne vsebuje nobenega popravka vrednosti za dvomljive dolgove iz poslovnih terjatev.
Whilst Olympic Airlines management was confident that all the balances transferred would be collected, the experts felt that it was unrealistic to assume zero bad debts.
Medtem ko je bila uprava družbe Olympic Airlines prepričana, da bo ta družba prejela vsa prenesena sredstva, pa strokovnjaki menijo, da predpostavljanje neobstoja slabih dolgov ni realno.
A further figure of EUR 825020 labelled ‘doubtful accounts receivable’ was included in Macedonian’s conversion balance sheet.
Poleg tega je bil v bilanco preoblikovanja družbe Macedonian vključen znesek 825020 EUR, in sicer pod vrstično postavko „dvomljive terjatve“.
The experts were of the opinion that it was imprudent to include this as an asset.
Strokovnjaki menijo, da je vključitev tega zneska med sredstva nepremišljena.
Olympic Airlines’ opening balance sheet contained an asset of EUR 7,9 million from Olympic Airways, estimated by management, which had previously been a debt owed to Macedonian.
Začetna bilanca stanja družbe Olympic Airlines je vsebovala sredstva v višini 7,9 milijona EUR, prenesena z družbe Olympic Airways, ki jih je ocenila uprava in ki so bila prej dolg do družbe Macedonian.
The corresponding liability had not been transferred to Olympic Airlines because of the provisions of Law 3185/2003 that allowed liabilities to be retained by Olympic Airways.
Ustrezna obveznost na družbo Olympic Airlines ni bila prenesena zaradi določb zakona št. 3185/2003, na podlagi katerih lahko obveznosti zadrži družba Olympic Airways.
The opening balance sheet indicated a sundry debtor item of EUR 24,4 million, which related to a sum due from Olympic Airways in respect of the expected net proceeds of the sale of two A300-600 aircraft owned by Olympic Airways which remained on its balance sheet and which were leased to Olympic Airlines.
V začetno bilanco stanja je bila pod vrstično postavko „razni dolžniki“ vključena vsota 24,4 milijona EUR, ki se nanaša na dolgovani znesek družbe Olympic Airways za pričakovane neto prihodke od prodaje dveh letal A300-600, ki sta v lasti družbe Olympic Airways in navedeni v njeni bilanci stanja ter ki ju ta družba daje v najem družbi Olympic Airlines.
The inclusion of this item was not in accordance with Greek or international GAAP, as it related to a sale that had not yet occurred of a fixed asset not owned by the company.
Vključitev te postavke ni bila v skladu niti z grškimi niti z mednarodnimi načeli GAAP, saj se nanaša na še neizvedeno prodajo osnovnega sredstva, ki ni v lasti te družbe.
As Olympic Airlines appeared to have borne the costs and enjoyed the benefits of these aircraft, the aircraft might have been transferred to Olympic Airlines with the other owned aircraft at their book value of EUR 19,2 million.
Ker se zdi, da je družba Olympic Airlines nosila stroške in uživala koristi, povezane z lastništvom teh letal, bi bili lahko navedeni letali preneseni na družbo Olympic Airlines skupaj s preostalimi letali v lasti, za knjigovodsko vrednost 19,2 milijona EUR.
The experts confirmed that the Olympic Airlines balance sheet excluded most of the flight operations liabilities of Olympic Airways and Olympic Aviation.
Strokovnjaki so potrdili, da večina obveznosti družb Olympic Airways in Olympic Aviation, povezanih z dejavnostmi letenja, ni vključena v bilanco stanja družbe Olympic Airlines.
Under Greek company law, when activities were hived off as part of a company restructuring all the related assets and liabilities had to be transferred.
Na podlagi grškega prava družb mora izčlenitev dejavnosti pri prestrukturiranju družbe vključevati prenos vseh sredstev in obveznosti, povezanih s temi dejavnostmi.
Whilst there was an inevitable degree of subjectivity in such an exercise, the legislation did not give management the option to be selective in the assets and liabilities transferred.
Čeprav je pri takem preoblikovanju neizogibno prisotna določena subjektivnost, v skladu z zakonodajo uprava ne more izbirati prenesenih sredstev in obveznosti.
Law 3185/2003, however, contained provisions that permitted the Olympic Airways group management to override the normal requirements of the legislation and selectively to exclude liabilities from the hive-off.
Vendar zakon št. 3185/2003 vsebuje določbe, ki so upravi skupine Olympic Airways omogočale, da zaobide običajne zahteve v zakonodaji in iz izčlenitve selektivno izključi obveznosti.
Management had taken advantage of Law 3185/2003 to exclude from the hive-off all liabilities over one month old.
Uprava je izkoristila zakon št. 3185/2003 in iz izčlenitve izključila vse obveznosti, ki zapadejo pozneje kot v enem mesecu.
The experts carried out a comparison between the liabilities transferred and those left behind by comparing extracts from the opening balance sheet of Olympic Airlines at 11 December 2003 with the year-end balance sheets of Olympic Airways and Olympic Aviation at 31 December 2003 (Olympic Airways and Olympic Aviation did not prepare balance sheets at 11 December 2003).
Strokovnjaki so opravili primerjavo prenesenih in neprenesenih obveznosti, tako da so primerjali izvleček iz začetne bilance stanja družbe Olympic Airlines na dan 11. decembra 2003 z izvlečkoma iz zaključnih bilanc stanja družb Olympic Airways in Olympic Aviation na dan 31. decembra 2003 (družbi Olympic Airways in Olympic Aviation nista pripravili bilanc stanja na dan 11. decembra 2003).
Note 1: Liabilities retained in accordance with Law 3185/2003.
Opomba 1: Zadržane obveznosti v skladu z zakonom št. 3185/2003
Note 2: ABN Amro loan.
Opomba 2: Posojilo ABN Amro Bank
Note 3: Emporiki Bank loan settled with proceeds EUR 130 million, February 2004.
Opomba 3: Posojilo Emporiki Bank, poravnano s prihodki 130 milijonov EUR februarja 2004
BALANCE SHEET EXTRACTS
IZVLEČKI IZ BILANC STANJA
Provision for termination
Rezervacije za prenehanje dejavnosti
Provision for retirement benefits
Rezervacije za pokojnine
Long-term debt
Dolgoročni dolgovi
Note 2/Note 1
Opomba 2/Opomba 1
Other long-term debt
Drugi dolgoročni dolgovi
Short-term liabilities
Kratkoročne obveznosti
Banks, short-term liabilities
Kratkoročne obveznosti do bank
Note 3/Note 1
Opomba 3/Opomba 1
Customers’ advances
Predplačila strank
Taxes and duties payable (including airport duties)
Neplačani davki in dajatve (tudi letališke pristojbine)
Social security, contributions payable
Neplačani prispevki za socialno varnost
Current portion of long-term debt
Dolgoročni dolgovi, ki v kratkem zapadejo
Dividends payable
Neplačane dividende
Amounts owed to affiliated undertakings
Obveznosti do povezanih družb
Other creditors
Druge obveznosti
Prepaid tickets
Vnaprej plačane vozovnice
Accruals and deferred income
Pasivne časovne razmejitve
Accrued expenses
Vnaprej vračunani odhodki
Sundry accruals and deferred income
Druge pasivne časovne razmejitve
TOTAL LIABILITIES
OBVEZNOSTI SKUPAJ
The experts showed that no long-term liabilities and less than 10 % of the short-term liabilities had been transferred to Olympic Airlines.
Strokovnjaki so dokazali, da družba Olympic Airlines ni prevzela nobenih dolgoročnih obveznosti in da je bilo nanjo prenesenih manj kot 10 % kratkoročnih obveznosti.
The total liabilities transferred to Olympic Airlines (EUR 145 million) were just 9,9 % of the total liabilities of the three companies (EUR 1471 million).
Na družbo Olympic Airlines je bilo prenesenih samo 9,9 % (145 milijonov EUR) skupnih obveznosti vseh treh družb (1471 milijonov EUR).
The short-term liabilities transferred to Olympic Airlines (10 % of total short-term liabilities) were those less than one month old.
Kratkoročne obveznosti, ki jih je prevzela družba Olympic Airlines (10 % skupnih kratkoročnih obveznosti), so obveznosti, ki zapadejo prej kot v enem mesecu.
They concluded that if the Olympic Airways group management had transferred the full liabilities of the flight divisions to Olympic Airlines, the new company would have faced the same liquidity problems as the Olympic Airways group, which would almost certainly have led to the insolvency and closure of the airline.
Torej so sklepali, da bi se nova družba Olympic Airlines, če bi uprava skupine Olympic Airways nanjo prenesla vse obveznosti oddelkov za polete, spopadala z enakimi likvidnostnimi težavami, kot so se pojavile v skupini Olympic Airways, to pa bi skoraj zagotovo privedlo do plačilne nesposobnosti in zaprtja letalske družbe.
To put it another way, the restructuring exercise would have served no purpose if the full liabilities of the flight divisions of the Olympic Airways group had been transferred with the assets.
Povedano drugače, izvajanje postopka prestrukturiranja bi bilo nesmiselno, če bi bile skupaj s sredstvi izčlenjene vse obveznosti oddelkov za polete skupine Olympic Airways.
In the case of Macedonian, a tax provision amounting to EUR 9,1 million, relating to the findings of a tax audit covering the years 1992-1997, had been excluded from the balance sheet.
Kar zadeva družbo Macedonian, je bila iz bilance stanja izključena rezervacija za davke v višini 9,1 milijona EUR, povezana z rezultati davčne revizije, ki je zajemala leta od 1992 do 1997.
Management had not made any provision because they believed there would be no tax liability on profits for the period.
Uprava ni oblikovala rezervacije, ker je menila, da družba ne bo imela obveznosti davka od dobička za navedeno obdobje.
Macedonian had made a profit in 2001, 2002 and 2003.
Družba Macedonian je ustvarila dobiček v letih 2001, 2002 in 2003.
The experts concluded that the assets transferred to Olympic Airlines had been overvalued.
Strokovnjaki so ugotovili, da so bila sredstva, prenesena na družbo Olympic Airlines, precenjena.
Opening balance sheet (EUR)
Prilagoditev (v EUR)
Remove internally generated goodwill
Črtanje dobrega imena, ustvarjenega znotraj družbe
Owned aircraft
Letala v lasti
State aircraft at written-down value
Državna letala po neto knjigovodski vrednosti
Trade receivables
Poslovne terjatve
Management estimate
Ocena uprave
Remove doubtful trade receivables
Črtanje dvomljivih poslovnih terjatev
Amount due from Olympic Airways
Znesek, ki ga dolguje družba Olympic Airways