natgillin/translations-raw huggingface dataset:
Following the Italian authorities’ refusal to execute judgment 1405/2010 and order 2072/2011, the Council of State made a new order, No 270/2012, appointing a panel of independent experts to decide how to enforce judgment 1405/2010.
Ko so italijanski organi zavrnili izvršitev sodbe št. 1405/2010 in odredbe št. 2072/2011, je državni svet sprejel novo odredbo št. 270/2012, v kateri je za odločanje o načinu izvrševanja sodbe št. 1405/2010 pooblastil neodvisni svetovalni odbor.
The panel, comprising a chairman and two members, was tasked with calculating the amount of compensation payable to Simet under judgment 1405/2010.
Odboru, ki so ga sestavljali predsednik in dva člana, je bila zaupana naloga izračuna zneska nadomestila, ki ga je treba plačati družbi Simet v skladu s sodbo št. 1405/2010.
At the same time the parties to the dispute appointed their own experts, who commented on the preliminary findings of the panel of experts.
Poleg tega so stranke v sporu imenovale svoje strokovnjake, ki so predložili pripombe v zvezi s predhodnimi ugotovitvami neodvisnega svetovalnega odbora.
This led to the exchange of a number of reports and replies over the ensuing months.
Temu je sledila izmenjava velikega števila izjav in ugovorov v sledečih mesecih.
Instead, two separate reports were submitted to the Council of State:
Namesto tega sta bili državnemu svetu predloženi dve ločeni poročili:
On 29 August 2012, a minority report signed by the chairman of the panel appointed by the Council of State was submitted, which concluded that there was not enough data available to determine the compensation to be paid to Simet and therefore that no compensation could be awarded.
dne 29. avgusta 2012 je bilo predloženo poročilo manjšine, ki ga je podpisal predsednik odbora, ki ga je imenoval državni svet; v poročilu je bilo ugotovljeno, da ni na voljo dovolj podatkov za določitev nadomestila, ki ga je treba plačati družbi Simet, in da nadomestila zato ni mogoče dodeliti,
On 20 August 2012, a majority report signed by two of the three experts appointed by the Council of State was submitted, concluding that the compensation payable to Simet amounted to EUR 22049796.
dne 20. avgusta 2012 je bilo predloženo poročilo večine, ki sta ga podpisala dva od treh svetovalcev, ki jih je imenoval državni svet; v poročilu je bilo ugotovljeno, da nadomestilo, ki ga je treba plačati družbi Simet, znaša 22049796 EUR.
As the state aid procedure is still ongoing before the Commission, the Council of State has not yet adopted a final decision on the amount of compensation payable to Simet.
Ker Komisija še vedno izvaja postopek v zvezi z državno pomočjo, državni svet še ni sprejel končne odločitve o znesku nadomestila, dolgovanega družbi Simet.
THE MINORITY REPORT
POROČILO MANJŠINE
The minority report stresses the following points in particular:
Poročilo manjšine poudarja zlasti naslednje točke:
the lack of reliable data for calculating compensation (required by order 2072/2011 and judgment 1405/2010);
pomanjkanje zanesljivih podatkov za izračun nadomestila (kot zahtevata odredba št. 2072/2011 in sodba št. 1405/2010),
the lack of separate accounting required by Regulation (EEC) No 1191/69 as a necessary condition for awarding compensation (in order to prevent overcompensation);
neobstoj ločenega računovodstva, ki ga zahteva Uredba (EGS) št. 1191/69 kot nujni pogoj za dodelitev nadomestila (da se prepreči čezmerna kompenzacija),
the impossibility of replacing the separate accounting system with other accounting systems, which have not yet been shown to allow accurate identification of all elements of cost and revenue;
nezmožnost nadomestitve sistema ločenega računovodstva z drugimi računovodskimi sistemi, za katere še ni bilo dokazano, da omogočajo natančno opredelitev vseh dejavnikov stroškov in prihodkov,
as to the years for which analytical accounting data are available (only two, 2002 and 2003): the documents enclosed with the financial statements (notes to the financial statements and report on operations) make no reference to such data.
dokumenta, priložena računovodskim izkazom (pojasnila k računovodskim izkazom in poročilo o dejavnostih), ne navajata podatkov analitičnega računovodstva, ki so na voljo le za leti 2002 in 2003.
This would seem to indicate that the analytical accounts were not used by the corporate governance bodies to monitor the company’s operations;
To bi lahko pomenilo, da organi upravljanja družbe niso uporabljali obračunov stroškov za spremljanje dejavnosti družbe,
the lack of predetermined parameters for calculating compensation;
pomanjkanje vnaprej določenih parametrov za izračun nadomestila,
the company’s failure to identify precise, specific and unequivocal public service obligations (with reference to the types identified in Union legislation) for individual routes;
družba ni določila natančnih, posebnih in jasnih obveznosti javnih služb (glede na vrste, določene v zakonodaji Unije) za posamezne proge,
the failure to identify precisely the ‘economic disadvantage’ arising from such obligations;
„gospodarska škoda“, ki izhaja iz teh obveznosti, ni bila opredeljena,
the lack of evidence of the damage incurred by Simet, which had the burden of providing such evidence in the proceedings that led to judgment 1405/10.
pomanjkanje dokazov o škodi, ki jo je utrpela družba Simet, ki bi morala take dokaze predložiti v postopku, v okviru katerega je bila izdana sodba št. 1405/10.
In light of these deficiencies, the minority report concludes that there are no reliable data for calculating the compensation ordered by judgment 1405/2010 and thus that no amount of compensation can be determined.
Glede na te pomanjkljivosti je bilo v poročilu manjšine ugotovljeno, da ni zanesljivih podatkov za izračun nadomestila, odrejenega s sodbo št. 1405/2010, in da zato ni mogoče določiti zneska nadomestila.
THE MAJORITY REPORT
POROČILO VEČINE
The majority report uses the following methodology to calculate the compensation due to Simet:
V poročilu večine je bila za izračun nadomestila, dolgovanega družbi Simet, uporabljena naslednja metodologija:
Compensation element based on the difference between operating costs and revenue
Element nadomestila, ki temelji na razliki med stroški poslovanja in prihodki
Method for estimating revenue
Metoda za oceno prihodka
For the years 1987 to 1992 and 2002 to 2003, the experts extrapolated revenue derived from scheduled bus services directly from the financial account statements.
Za obdobje med letoma 1987 in 1992 ter med letoma 2002 in 2003 so strokovnjaki ekstrapolirali prihodke od linijskega avtobusnega prevoza neposredno iz računovodskih izkazov.
For the period 1993-2001 the experts used Simet’s documentation on revenue, since the financial account statements for that period do not detail revenue derived from those services [10].
Za obdobje med letoma 1993 do 2001 so strokovnjaki uporabili dokumentacijo o prihodku družbe Simet, saj računovodski izkazi za to obdobje ne navajajo podrobnosti o prihodku od teh storitev [10].
On the basis of these calculations, the total revenue for the period 1987-2003 was found to be EUR 57213440.
Na podlagi teh izračunov je bilo ugotovljeno, da skupni prihodek za obdobje med letoma 1987 in 2003 znaša 57213440 EUR.
Method for estimating bus service costs
Metoda za oceno stroškov avtobusnega prevoza
Since no analytical accounts were available for the period 1987 to 1992, the experts allocated costs to inter-regional scheduled bus services on the basis of the percentage of revenue generated by those same services during that period.
Ker za obdobje med letoma 1987 in 1992 ni bilo na voljo nobenih obračunov stroškov, so strokovnjaki pripisali stroške medregionalnemu linijskemu avtobusnemu prevozu na podlagi odstotka prihodka od tega prevoza v zadevnem obdobju.
The experts took the total amount of costs from each of the annual financial statements.
Strokovnjaki so iz vsakega letnega računovodskega izkaza vzeli skupni znesek stroškov.
Then, to reconstruct the operating costs, the experts deducted from total costs all the following non-operating costs: interest payable, financial charges, losses on disposal of assets, miscellaneous losses and costs, direct taxes and final inventories.
Nato so, da bi rekonstruirali stroške poslovanja, od skupnih stroškov odšteli vse naslednje stroške, ki ne izhajajo iz poslovanja: obveznosti iz naslova obresti, finančne stroške, izgube pri prodaji aktivnih postavk, druge izgube in stroške, neposredne davke in končne zaloge.
Finally, the operating costs attributable to inter-regional scheduled bus services were determined on the basis of the percentage of revenue generated by the same scheduled bus services.
Na koncu so bili določeni stroški poslovanja, pripisani medregionalnemu linijskemu avtobusnemu prevozu na podlagi odstotka prihodka od tega prevoza.
For the period 1993 to 2001, Simet changed the presentation of data in its annual financial statements [11].
Za obdobje med letoma 1993 in 2001 je družba Simet spremenila predstavitev podatkov v letnih računovodskih izkazih [11].
Consequently, for those years the experts deducted from the company’s annual financial statements the value of total operating costs, being the algebraic sum of the following production cost items: ancillary and consumable materials, outside services, use of property not owned, personnel costs, amortisation and depreciation, variation in stocks of raw, ancillary and consumable materials, and miscellaneous operating expenses.
Zato so svetovalci za ta leta od letnih računovodskih izkazov družbe odšteli vrednost skupnih stroškov poslovanja, ki je algebraična vsota naslednjih postavk proizvodnih stroškov: pomožnih surovin in potrošnih proizvodov, stroškov za zunanje storitve, stroškov za rabo premoženja tretjih, stroškov za zaposlene, amortizacije in odpisov, sprememb zalog osnovnih in pomožnih surovin ter potrošnih proizvodov in različnih bremen obratovanja.
The operating costs attributable to scheduled bus services were then determined on the basis of the percentage of revenue generated by those same scheduled bus services (as was done for the period 1987-1992).
Stroški poslovanja, pripisani linijskemu avtobusnemu prevozu, so bili nato določeni na podlagi odstotka prihodka od tega prevoza (kot so bili določeni za obdobje 1987–1992).
For the years 2000 and 2001, even if some cost accounting was applied, the relevant documents were not exhaustive, which was why it was decided to use the same method for the identification of costs stemming from the scheduled bus service as for the previous years.
Dokumenti za leti 2000 in 2001 niso bili izčrpni, čeprav so se uporabljale metode analitičnega računovodstva, zato je bilo sklenjeno, da se bo za določanje stroškov, ki izhajajo iz linijskega avtobusnega prevoza, uporabljala ista metoda kot v prejšnjih letih.
For the years 2002 and 2003, cost accounting data were available.
Za leti 2002 in 2003 so bili na voljo podatki analitičnega računovodstva.
The experts therefore divided costs into the following categories: (i) costs related to mileage; (ii) costs directly allocable to scheduled bus services; and (iii) allocable costs based on turnover.
Svetovalci so zato razdelili stroške na naslednje kategorije: (i) stroški, povezani s kilometrino; (ii) stroški, ki jih je mogoče neposredno pripisati linijskemu avtobusnemu prevozu; in (iii) stroški, pripisani na podlagi prometa.
The first category of costs includes costs related to fuel, engine oil, tyres, spare parts, outside work, vehicle wash, motorway tolls, compulsory vehicle servicing, leasing and depreciation of assets.
Prva kategorija stroškov vključuje stroške, povezane z gorivom, motornim oljem, pnevmatikami, rezervnimi deli, zunanjim delom, pranjem vozil, cestninami, obveznim servisiranjem vozil, najemom in amortizacijo aktivnih postavk.
Each of these cost items was divided by the total number of kilometres travelled and the cost per kilometre was then multiplied by the number of kilometres travelled by scheduled bus services only.
Vsaka od teh postavk stroškov je bila razdeljena glede na skupno število prevoženih kilometrov, stroški na kilometer pa so bili nato pomnoženi s številom kilometrov, prevoženih le v okviru linijskega avtobusnega prevoza.
The second category of costs includes those cost items which, on the basis of the analytical accounts, are directly attributable to inter-regional scheduled bus services.
Druga kategorija stroškov vključuje postavke stroškov, ki jih je mogoče na podlagi obračunov stroškov neposredno pripisati medregionalnemu linijskemu avtobusnemu prevozu.
These include: direct employment, waste disposal, commissions payable, miscellaneous charges, parking fees, rental of third-party vehicles for scheduled bus services, purchases for on-board services, and reimbursement of travelling personnel’s expenses.
Mednje sodijo: neposredno zaposlovanje, odstranjevanje odpadkov, dane opravnine, drugi stroški, parkirnine, najem vozil tretjih strani za linijski avtobusni prevoz, nakupi za storitve na avtobusu ter povračilo potnih stroškov osebja.
The third category of costs includes ‘indirect costs’ and comprises indirect labour costs, overheads, bus insurance, vehicle ownership tax and rent for premises.
Tretja kategorija stroškov vključuje „posredne stroške“, med katere sodijo posredni stroški dela, režijski stroški, zavarovanje avtobusa, davek na lastništvo vozila in najemnina za prostore.
Those costs were allocated on the basis of the percentage of revenue generated by the same scheduled bus services.
Ti stroški so bili pripisani na podlagi odstotka prihodka, ustvarjenega s tem linijskim avtobusnim prevozom.
After adding up the figures thus calculated for each of the above periods, the total costs related to the scheduled bus services for the period 1987-2003 were found to amount to EUR 59510413.
Po tem, ko so bili dodani zneski, izračunani za vsako od navedenih obdobij, je bilo ugotovljeno, da skupni stroški, povezani z linijskim avtobusnim prevozom, za obdobje 1987–2003 znašajo 59510413 EUR.
Consequently, after subtracting these costs from the revenues derived from scheduled bus services, the majority report arrives at an operating loss of EUR 2296973 for the period 1987-2003.
Ko so bili ti stroški odšteti od prihodkov, ustvarjenih z linijskim avtobusnim prevozom, je bila za obdobje 1987–2003 v poročilu večine ugotovljena izguba iz poslovanja v višini 2296973 EUR.
Compensation element related to the need to ensure remuneration of the capital employed
Element nadomestila, povezan s potrebo po zagotovitvi povračila vloženega kapitala
For each year under review, the experts determined the capital employed, being the sum of:
Svetovalci so za vsako obravnavano leto določili vloženi kapital, ki je vsota:
equity (E), whose value was taken from the annual financial statements, considering the shareholder’s equity and
lastnega kapitala (E), katerega vrednost je bila vzeta iz letnih računovodskih izkazov, ob upoštevanju lastnega kapitala delničarjev, in
The ‘Weighted Average Cost of Capital’ (WACC) formula is taken as a basis for determining the remuneration rate of the capital employed.
Kot podlaga za določitev stopnje povračila vloženega kapitala je bila uporabljena formula tehtanega povprečja stroškov kapitala (WACC):
Re required rate of return on equity;
Re pričakovana stopnja donosnosti lastnega kapitala;
Rd cost of debt; E = firm’s equity;
Rd stroški dolžniškega kapitala; E = lastniški kapital družbe;
D firm’s debt; V
D zadolženost družbe; V
E/V percentage of financing that is equity;
E/V odstotek lastnega financiranja;
D/V percentage of financing that is debt;
D/V odstotek dolžniškega financiranja;
Tc corporate tax rate
Tc davek od dohodkov pravnih oseb.
The required return on equity was calculated using the ‘Capital Asset Pricing Model’.
Potrebna stopnja donosnosti lastniškega kapitala je bila izračunana po „modelu ocenjevanja dolgoročnih aktiv“.
This model describes the relationship between risk and expected return:
Ta model opisuje razmerje med tveganjem in pričakovanim donosom:
Risk free rate
netvegana obrestna mera
Bata of the security
beta koeficient vrednostnega papirja
Expected market return
pričakovana donosnost trga
The interest rate for ten-year government bonds, taken from national statistics, was used as a proxy for a risk-free rate (rf).
Obrestna mera za desetletne državne obveznice, vzeta iz nacionalnih statističnih podatkov, je bila uporabljena kot približek za netvegano obrestno mero (rf).
For the years for which compensation was to be assessed, the experts concluded that a 5,8 % risk premium (rm-rf) was on average asked by investors investing in stocks rather than in risk-free securities on the Italian market [12].
Za leta, za katera je bilo treba oceniti nadomestilo, so svetovalci ugotovili, da so vlagatelji, ki vlagajo v delnice namesto v netvegane vrednostne papirje na italijanskem trgu, v povprečju uporabljali 5,8-odstotno premijo za tveganje (rm–rf) [12].
The beta [13] of the shares in Simet’s capital was calculated by taking an unlevered beta [14] value of 0,39 for the bus service and transport sector [15].
Beta koeficient [13] deležev kapitala družbe Simet je bil izračunan na podlagi vrednosti bete nezadolženega podjetja [14] v višini 0,39 za avtobusne storitve in prometni sektor [15].
That beta value was subsequently adjusted relative to the financial structure reported by the company for each year:
Ta vrednost beta je bila pozneje prilagojena glede na finančno strukturo, o kateri je poročala družba za posamezna leta:
Levered beta
Beta zadolženega podjetja
Unlevered beta
beta nezadolženega podjetja
Tax Rate
davčna stopnja
Debt
dolg
Equity
lastni kapital
From 1987 to 1994 the Italian corporate tax rate was 36 %, from 1995 to 2000 it was 37 %, and from 2001 to 2002 it was 36 %.
Od leta 1987 do leta 1994 je davčna stopnja italijanskih pravnih oseb znašala 36 %, od leta 1995 do 2000 37 %, od leta 2001 do 2002 pa 36 %.
According to the experts, the remuneration of capital employed provides the compensation that Simet should receive after tax.
Po mnenju svetovalcev je povračilo vloženega kapitala nadomestilo, ki bi ga morala prejeti družba Simet po obračunu davka.
As the compensation will be taxable, it has to be adjusted as follows:
Ker bo nadomestilo obdavčljivo, ga je treba prilagoditi na sledeč način:
Remuneration before tax
Nadomestilo pred obračunom davka
Remuneration after tax ÷ 1
nadomestilo po obračunu davka ÷ 1
corporate tax rate
davek od dohodkov pravnih oseb
On the basis of these formulae, the experts calculate that the remuneration due on the capital employed by Simet is EUR 5948150.
Na podlagi teh formul so svetovalci izračunali, da povračilo kapitala, ki ga je vložila družba Simet, znaša 5948150 EUR.
Thus, the total amount of compensation calculated by the experts before the application of late payment interest is EUR 8245124 (compensation related to the operating loss and remuneration of the capital employed).
Skupni znesek nadomestila, ki so ga izračunali svetovalci, pred obračunom zamudnih obresti torej znaša 8245124 EUR (nadomestilo, povezano z izgubo iz poslovanja, in povračilo vloženega kapitala).
Calculation of interest for late payment
Izračun zamudnih obresti
Given that the compensation sums calculated above were not paid in the years for which they were due, the experts revised those sums upwards as follows:
Glede na to, da zneski nadomestila, izračunani zgoraj, v zadevnih letih niso bili plačani, so svetovalci prilagodili te zneske navzgor na sledeč način:
the sums initially calculated were re-valued based on ISTAT consumer price inflation indices up to July 2012;
prvotno izračunani zneski so bili ponovno ovrednoteni na podlagi indeksa cen življenjskih potrebščin inštituta ISTAT do julija 2012,
then statutory interest was applied to the amounts so obtained.
nato so bile od tako pridobljenih zneskov zaračunane zakonite obresti.
Thus, the expert panel arrived at a total compensation of EUR 22049796.
Na podlagi tega je neodvisni svetovalni odbor izračunal skupni znesek nadomestila v višini 22049796 EUR.
Other observations included in the majority report
Druge pripombe v poročilu večine
The majority report takes the view that the compensation awarded by the Council of State does not concern a direct application of Regulation (EEC) No 1191/69, that is a direct award – albeit retroactively – of compensation under that Regulation.
Po mnenju poročila večine nadomestilo, ki ga je dodelil državni svet, ne zadeva neposredne uporabe Uredbe (EGS) št. 1191/69, tj. neposredne dodelitve – čeprav za nazaj – nadomestila v okviru te uredbe.
Instead, it considers that the Council of State proposed the application of the criteria laid down in that Regulation on the common methods of compensation to ascertain the damage incurred by Simet as a result of the unlawful extension of its public service obligations over time.
Namesto tega je bilo ugotovljeno, da je državni svet predlagal uporabo meril iz te uredbe pri skupnih metodah za izračun nadomestila, da bi opredelil škodo, ki jo je utrpela družba Simet zaradi postopne nezakonite razširitve njenih obveznosti javnih služb.
The majority report further notes that in cases where the Commission considered that Regulation (EEC) No 1191/69 did not apply for the purpose of assessing public service compensation, it often approved such compensation by applying by analogy the Community framework for state aid in the form of public service obligations.
Poleg tega poročilo večine ugotavlja, da je Komisija v primerih, ko se ni odločila za uporabo Uredbe (EGS) št. 1191/69 pri ocenjevanju nadomestila za opravljanje javne službe, pogosto odobrila tako nadomestilo s smiselno uporabo okvira Unije za državno pomoč v obliki obveznosti javnih služb.
The main criterion for the Commission was that the amount of compensation did not exceed what was necessary to cover the costs incurred in discharging those obligations.
Glavno merilo Komisije je bilo, da znesek nadomestila ne preseže zneska, potrebnega za kritje stroškov, ki so nastali pri izvajanju zadevnih obveznosti.
As regards the risk of over-compensation in the present case, the majority report takes the view that since the exercise performed relates to the ex post calculation of the costs actually incurred in the past by the company to provide the required scheduled bus services, its calculations are free from the uncertainty inherent in any prognostic assessment when compensation is determined ex ante.
Kar zadeva tveganje čezmerne kompenzacije v tem primeru, poročilo večine izraža mnenje, da ker se trenutno izvaja naknadni izračun stroškov, ki so v preteklosti dejansko bremenili družbo, ki je opravljala potrebni linijski avtobusni prevoz, ti izračuni ne vsebujejo elementa negotovosti, ki je prisoten pri prognostičnih ocenah, kadar se nadomestilo določa predhodno.
Consequently, there is no issue of over-compensation.
Zato težava čezmerne kompenzacije ne obstaja.
The majority report touches upon the issue of the absence of account separation.
Poročilo večine obravnava tudi vprašanje neizvajanja ločevanja računov.
It takes the view that separate accounting is applied to those undertakings receiving compensation for the provision of a public service in order to prevent the misuse of such funds for the company’s other activities.
Izraža mnenje, da se ločeno računovodstvo uporablja za podjetja, ki prejemajo nadomestilo za opravljanje javne službe, da bi preprečili zlorabo takih sredstev za druge dejavnosti podjetij.
However, since in the case at hand no public resources have thus far been transferred to Simet as compensation for the provision of a public service, the requirement of account separation should not be considered a reason for refusing payment of the compensation awarded by the Council of State.
Vendar v zadevnem primeru družbi Simet še niso bila zagotovljena nikakršna javna sredstva kot nadomestilo za opravljanje javne službe, zato se zahteva glede ločevanja računov ne bi smela obravnavati kot razlog za zavrnitev plačila nadomestila, ki ga je dodelil državni svet.