natgillin/translations-raw huggingface dataset:
As mentioned in the EDF memo, the remuneration paid to the state was tax deductible.
V dopisu je v skladu z navedenimi določbami pojasnjeno, da „je iz referenčnega scenarija razviden znesek dodatnega izplačila 3,5 milijarde FRF v obdobju“ od 1997 do 2000 in da so ti pogoji leta 1997 omogočali dosego skupnega zneska izplačil državi v višini 5,1 milijarde FRF, vključno s stalno obrestno mero in akontacijo davka od dohodkov pravnih oseb.
This marked a departure from the principle of corporation tax being levied on income after interest and depreciation, thereby reducing net income and thus the amount that could potentially be paid out in dividends.
Malo pred navedenim dopisom je namreč vlada nacionalni skupščini predložila osnutek zakona, ki ga je sprejel svet ministrov 5. aprila 1997, o različnih ekonomskih in finančnih določbah, njegov člen 45 pa je določal prerazvrstitev računovodskih rezervacij družbe EDF.
This ad hoc departure potentially increased the state's remuneration as shareholder but decreased by the same amount the tax to be paid to the state as revenue collector.
V obrazložitvi navedenega projekta je bilo pojasnjeno, da so predvidene računovodske prilagoditve družbi EDF omogočile bilanco, ki je bila bolj v skladu z njenim dejanskim gospodarskim položajem, pri čemer naj bi bila lastna sredstva sorazmerna z njenim obsegom dejavnosti.
This treatment was used for the group contract between EDF and the state for 2001-2003, which replaced the 1997-2000 contract.
Potem ko je bil parlamentu predložen osnutek zakona o nujnih davčnih in finančnih ukrepih, ki je bil pozneje sprejet kot zakon št. 97-1026, sta nacionalna skupščina in senat imenovala svoja poročevalca.
The contract set out the main direction EDF's medium-term action should take and contained reciprocal commitments by the parties, stating that these commitments had been entered into in the light of broad reference hypotheses and could be called into question only if there was a significant change in the business environment.
V njem so pojasnjene potrebne prihodnje računovodske spremembe in navedene številčne ocene njihovih posledic za različne bilančne postavke, kot je navedeno v nadaljevanju:
The contract contained various commitments under three headings:
Preglednica 2
reaffirming the core tasks of a public undertaking (Title I), preparing the undertaking's future today (Title II) and a new financial and institutional framework for the undertaking (Title III).
Učinki prestrukturiranja lastnih sredstev družbe EDF, izhajajoči iz člena 4 zakona MUFF o računovodskih izkazih iz leta 1996 (v milijardah FRF)
The main commitments and guidelines laid down in the contract which relate to the scope of this Decision are described below: The state confirmed that it wanted the undertaking to retain its legal status, which had proved its effectiveness and should remain a stable point of reference for future developments;
Konec leta 1996
this was in compliance with the EU Directive on the internal market in electricity [18].
Učinek navedenega člena
For its part, EDF was to contribute to spatial planning and national solidarity through an ambitious policy to support economic activity and employment by helping local authorities to create jobs and by improving the situation of its poorest customers (Title I).
Lastna sredstva
The price adjustments should result in an average reduction at constant prices of […] % in April 1997, […] % in April 1998 followed by […] % in April 1999 and […] % in April 2000.
Kapitalske injekcije
At the same time, EDF's development should be geared towards winning new markets, particularly in Europe (Title II).
Odkloni prevrednotenja
EDF's balance sheet was to be restructured with the two-fold aim of strengthening its net assets and stabilising its financial relationship with the state on a basis more akin to ordinary law.
Zakonsko predpisane rezervacije
To this end the Government undertook to present to Parliament a legislative measure restructuring EDF's balance sheet in 1997, with an effective restructuring date of 1 January 1997.
Ponovni prenos [19]
The contract provided for a remuneration of the state as shareholder comprising two elements:
Izid poslovnega leta po izplačilu državi
a remuneration on the capital contributions at a rate of 3 % and an additional remuneration equal to 40 % of net income, whereby the combined amount of the two elements could not exceed 6 % of the amount of the capital contributions, though no estimate of the absolute amounts involved was included.
V poročilu nacionalne skupščine so poudarjeni učinki osnutka zakona, da bi se kot bolj upoštevne izpostavile primerjave z deleži dolga drugih evropskih konkurentov (Avstrija, Velika Britanija, Švedska, Španija in Nemčija):
In addition, for the period 1997-2000 EDF undertook to allocate FRF […] to industrial investment worldwide, to cut its gross debt by FRF […] to bring it to FRF […] at end 2000, with a view to an ultimate objective of zero debt by the time the generation system was renewed.
po prestrukturiranju bilance naj bi se razmerje med neto dolgom in lastnimi sredstvi družbe EDF zmanjšalo s 480 % na 148 %.
Lastly, the contract provided that, if targets were exceeded and a surplus resulted, this should be allocated ‘as a priority to additional price reductions’ before paying out any dividends to the state as shareholder or profit-sharing bonuses to staff (Title III).
Poleg tega so v poročilu nacionalne skupščine poudarjene spremembe v finančnih razmerjih med državo in družbo EDF.
A letter dated 22 April 1997 to the EDF Chairman from the ministers who co-signed the contract for services confirmed that the reference hypotheses and financial projections contained in the EDF memo of 18 February 1997 and which underpinned the 1997-2000 contract for services were consensual and fixed.
Plačila, ki jih je izvedla družba EDF za obdobje od 1991 do 1996, predstavljena v poročilu, so v navedenem obdobju dosegla v povprečju višino 3,41 milijarde FRF na leto;
The letter made express reference to the prior concertation between EDF and the public authorities in preparing the financial scenario.
ta plačila so glede na lastna sredstva konec leta 1996 za državo delničarko ustvarila povprečno tekočo donosnost 14,1 % [20];
It mentioned the target of an average […] % reduction in EDF's prices in four years.
navedena plačila so povzeta v spodnji preglednici:
The letter of 22 April 1997 referred to the provisions of the Decree of 14 May 1956, as amended, and the arrangements for the remuneration of the state included in Title III of the contract for services.
Preglednica 3
In accordance with these provisions, the letter stated that ‘the reference scenario gave an additional remuneration amount of FRF 3,5 billion over the period’ 1997-2000 and that in these circumstances it would be possible to achieve a total value of payments to the state of FRF 5,1 billion in 1997, including the fixed interest rate and the advance on corporation tax.
Finančna razmerja med državo in družbo EDF (v milijonih FRF tekoče valute)
These amounts are consistent with those contained in the EDF memo of 18 February 1997.
Poročilo nacionalne skupščine, str. 77, Izračuni Komisije za „celoto“
The consistency between the amounts of additional remuneration calculated on the basis of income demonstrates that all the amounts (revenue, expenses, net income, etc.) included in EDF's projected income statement for the period 1997-2000 were examined, validated and approved by the supervising authorities.
Obresti na kapitalske injekcije (BG – vrstica 407)
The letter of 22 April 1997 from the ministers also stressed that the means of achieving equilibrium in the contract came under the accounting and tax framework accompanying the restructuring of EDF's balance sheet, which was to take effect, subject to the necessary legislative provisions, on 1 January 1997.
Dodatna donosnost kapitalskih injekcij (BG – vrstica 116)
The letter stated, ‘the detailed arrangements for implementing this restructuring, on both the accounting and the tax fronts, will be the subject, on the basis of the plan now adopted, of further discussions between the line ministries and the undertaking’.
Skupaj
Not long before this letter, the Government had tabled a draft law before the National Assembly.
V poročilu nacionalne skupščine je v zvezi s spremembami, predvidenimi v bilanci družbe EDF, pojasnjeno, da „[s]o dodelitve osnova za stalne obresti, zato bi se lahko z njihovim zvišanjem, izhajajočim iz tega člena, povečal davek za družbo EDF.
The draft law on various economic and financial measures was adopted by the Council of Ministers on 5 April 1997.
Sprememba plačilnih pogojev v zvezi z njimi je torej določena v pogodbi med državo in podjetjem za obdobje od 1997 do 2000, podpisani 8. aprila 1997.
Article 45 provided for the reclassification of EDF's accounting provisions.
Stalna obrestna mera je spremenjena na 3 %, da bi se izravnal učinek osnove“.
The explanatory memorandum to the draft law stated that the planned accounting adjustments would give EDF a balance sheet that better reflected its real economic circumstances, with a level of own funds proportionate to its volume of activity.
V poročilu je poleg tega opozorjeno, da družba EDF kljub dobičkom leta 1990 ni plačala davka od dohodkov pravnih oseb in da je ponovno zvišanje rezervacij, povezano s koncesijo za omrežje RAG, omogočilo enkratno potrditev seštetih ponovnih računovodskih prenosov in davčnih izgub.
The draft law was not examined on account of the National Assembly's being dissolved on 21 April 1997.
Zato je v poročilu navedeno, da bi morala javna ustanova (družba EDF) po mnenju resornega ministra plačati 3 milijarde FRF leta 1997 in 2,5 milijarde FRF leta 1998 davka od dohodkov pravnih oseb.
National Assembly Report No 204 described the background to the need to clarify the ownership of EDF's transmission structures, which would nullify the accounting practices contested by the Court of Auditors in its special report on the EDF concessions, No 1993 of 10 October 1994.
Namen predloga za spremembo je bilo pojasniti, da je bilo treba preklicane računovodske rezervacije spremeniti v lastna sredstva z računovodskim izkazom, ki ne izhaja iz izkaza poslovnega izida družbe EDF, in sicer zato, da se ne bi prikazal zelo velik dobiček, pri katerem bi lahko državo zamikalo, da bi od njega delno odtegnila davek.
It explained the accounting changes needed and provided estimates of their effects on the various balance-sheet items as follows:
V navedenem predlogu spremembe je bilo za to predlagano, da se v zakon vključi računovodski postopek in pojasni, da država družbi EDF ne bi mogla odtegniti dodatnega davka ob prenosu lastništva sredstev omrežja RAG.
Table 2
V poročilu je poudarjeno, da „je bila vključitev računovodskega postopka spremembe rezervacij v lastna sredstva v zakonu zavrnjena na zahtevo Conseil d'État, ker naj ne bi bila zakonodajna“;
Effects of the reorganisation of EDF's own funds as a result of Article 4 of the urgent tax and financial measures Act on the accounts for 1996 (FRF billion)
v razpravnem delu poročila je navedenih več parlamentarnih mnenj, in sicer da bi morala država imeti možnost za odtegnitev dodatnih davkov družbi EDF, da bi moralo to podjetje plačati davek od svojih dobičkov in da je bilo dejansko vprašanje to, „koliko davka naj vlada odtegne družbi EDF in na kakšen način.“
Ministry of Economic Affairs and Finance
V poročilu senata, pripravljenem za razpravo o osnutku zakona, pa je pojasnjeno, zakaj računovodske rezervacije za prenovo premoženja omrežja RAG, ustvarjene od leta 1987, niso upravičene.
End 1996
Pristojni minister je v govoru pred senatom 2. oktobra 1997 ob predstavitvi osnutka zakona poudaril, da so izgube družbe EDF in neplačilo davka od dohodkov pravnih oseb na podlagi teh rezervacij z davčnega vidika „fiktivne“.
Effect of Article 4
Minister je senatu v svojem govoru zagotovil, da ta mehanizem nikakor ni izpodbijal monopola družbe EDF.
Own funds
V poročilu senata so predstavljene posledice obravnavanega člena za bilančne postavke družbe EDF pred prerazvrstitvijo rezervacij in po njej, in sicer v skladu z izračunom, podobnim tistemu, ki je bil preučen v poročilu nacionalne skupščine, povzetem v preglednici 2 zgoraj.
of which (liabilities):
V poročilu je pojasnjeno, da je dopolnitev bilance olajšala primerjavo z bilancami konkurentov družbe EDF;
Paid-in capital
to naj bi povečalo verodostojnost družbe EDF v finančni skupnosti, ki je toliko pomembnejša, ker naj bi bil strošek ponovnega pogajanja glede njenega dolga odvisen zlasti od razmerja med neto dolgom in lastnimi sredstvi.
Contributed capital
od 60 do 80 % dobička v Združenih državah, 40 % za družbi National Power in Power Gen, 78 % za družbo Union Fenosa in 30 % za družbo Endesa, ki je španski državi zagotovila donos 28 % za obdobje od 1991 do 1996, ob upoštevanju dividend in ocenitve cene delnice.
Revaluation reserves
Čeprav je družba EDF senatu v dopisu z dne 15. septembra 1997 predložila še dva druga dokumenta, niso bili analizirani niti v poročilu senata povzeti načela, izračuni in njihova uporaba za izplačilo družbe EDF delničarju, predstavljeni v obvestilu z dne 27. julija 1996.
Statutory reserves
Nasprotno, v poročilu senata je tako kot v poročilu nacionalne skupščine pojasnjeno, da je bilo izvedeno predvideno znižanje izplačila, ki ga je družba EDF dolgovala državi za dodelitve države delničarke v kapital:
Retained income [19]
„da bi se upoštevalo povečanje kapitalskih injekcij v skladu z namenom navedenega člena“.
Income after remuneration of the state
PRESOJA UKREPOV:
The National Assembly report stressed the draft law's effects that made comparisons with the debt ratios of European competitors (Austria, United Kingdom, Sweden, Spain, Germany) more meaningful:
OBSTOJ DRŽAVNE POMOČI
after the restructuring of the balance sheet, EDF's net debt/equity ratio would go from 480 % to 148 %.
Člen 107(1) PDEU določa:
The report also stressed the changes in the financial relations between EDF and the state.
„Razen če Pogodbi ne določata drugače, je vsaka pomoč, ki jo dodeli država članica, ali kakršna koli vrsta pomoči iz državnih sredstev, ki izkrivlja ali bi lahko izkrivljala konkurenco z dajanjem prednosti posameznim podjetjem ali proizvodnji posameznega blaga, nezdružljiva s skupnim trgom, kolikor prizadene trgovino med državami članicami.“ Uporaba kumulativnih pogojev za oprostitev davka s strani Francije družbi EDF je preučena v nadaljevanju.
It explained the legal regime and the remuneration for the capital contributions to EDF, governed by Decree No 56-493 of 14 May 1956, as amended by Decree No 86-1360 of 30 December 1986.
SELEKTIVNA PREDNOST PODJETJA
This regime provided for a fixed-rate remuneration capped at 8 % and additional remuneration as a percentage of EDF's income after tax and fixed interest.
Ker je bila družba z zakonom št. 97-1026 določena za lastnico omrežja RAG, za katero ji je bila podeljena koncesija, je treba preveriti, ali ta zakon ne vključuje prenosa lastništva omrežja RAG.
The payments made by EDF from 1991 to 1996 as described in the report total FRF 3,41 billion per year on average during the period;
Po informacijah, ki so jih predložili francoski organi, je družbo EDF mogoče razumno šteti za lastnico omrežja RAG pred začetkom veljavnosti navedenega zakona:
proportional to own funds at the end of 1996, these payments gave an average operating profitability of 14,1 % for the state as shareholder [20].
Ta ugotovitev temelji na naslednjih dejavnikih:
They are summarised in the table below.
značilnostih različnih vrst koncesijskih pogodb v francoskem pravu, posebnih značilnostih prvotne koncesije družbi EDF, ki ni zajemala natančne klavzule o retrocesiji, postopku nakupa zadevnih sredstev, za katera je morala družba EDF plačati dajatev, podobno odškodnini za razlastitev, ter pogojih financiranja vzdrževanja in razvoja omrežja RAG na stroške družbe EDF.
Interest on capital contributions (GB — line 407)
Družba EDF je v obdobju od 1987 do 1996 ustvarila rezervacije z oprostitvijo davka za prenovo omrežja RAG, katere nezakonitost je poudarilo francosko računsko sodišče.
Additional remuneration on capital contributions (GB — line 116)
Ker je družba EDF v skladu s členom 4 zakona št. 97-1026 lastnica omrežja RAG, so navedene rezervacije postale brezpredmetne in jih je bilo zato treba prerazvrstiti v druge bilančne postavke.
Total
Dopis ministra za gospodarstvo, v katerem so navedene ugotovljene davčne posledice prestrukturiranja bilance družbe EDF, kaže, da so francoski organi neuporabljene rezervacije za prenovo omrežja RAG obdavčili z davkom od dohodkov pravnih oseb po stopnji 41,66 %, ki je veljala leta 1997.
The National Assembly report stated with respect to the changes envisaged for the EDF balance sheet that ‘as the capital contributions form the base for the fixed interest, increasing them as a result of this Article would increase the payment burden on EDF.
Nasprotno pa je bil del teh rezervacij, ki ustreza transakcijam že izvedene prenove, imenovan tudi dajatve koncedentu, že prerazvrščen v kapitalske injekcije v višini 14,119 milijarde FRF.
An amendment to the terms of remuneration was therefore included in the state-EDF contract for 1997-2000 signed on 8 April 1997.
Ta prerazvrstitev rezervacij ni bila obdavčena z davkom od dohodkov pravnih oseb.
The fixed interest rate has been brought down to 3 % in order to offset the effect of the base’.
Davčni urad priznava nezakonitost te transakcije, kot izhaja iz obvestila generalnega davčnega urada z dne 9. aprila 2002, poslanega Komisiji in povzetega v uvodni izjavi 35.
The report pointed out that, despite the profits earned since 1990, EDF had not paid corporation tax and that moving the provisions linked to the RAG concessions up would wipe out in one go the accumulated tax and accounting deficit.
Po mnenju nacionalnega računovodskega sveta je treba popravke napak knjižiti v izidu poslovnega leta, v katerem so ugotovljene.
The report noted that, according to the line ministry, this would leave the public establishment (EDF) owing corporation tax of FRF 3 billion in 1997 and FRF 2,5 billion in 1998.
Če pa bi bile po drugi strani neuporabljene rezervacije, ustvarjene z oprostitvijo davka v znesku 38,5 milijarde FRF, leta 1997 obdavčene z davkom od dohodkov pravnih oseb po stopnji 41,66 %, ni objektivnega razloga, da ne bi bil po isti stopnji obdavčen še drugi del rezervacij, ustvarjenih z oprostitvijo davka.
The National Assembly report referred to a parliamentary amendment to the draft law, which was scrutinised and rejected by the Committee.
Dajatve koncedentu bi morale biti obdavčene hkrati z drugimi računovodskimi rezervacijami, ustvarjenimi z oprostitvijo davka, in po isti stopnji kot te rezervacije.
The amendment specified that the reclassified accounting provisions should be converted to own funds by an accounting entry that bypassed EDF's income statement, in order to avoid showing a very high profit that the state might be tempted to tax in part.
To pomeni, da bi bilo treba 14,119 milijarde FRF dajatev koncedentu prišteti 38,5 milijarde FRF neuporabljenih rezervacij, da bi bile obdavčene po stopnji 41,66 %, uporabljeni ob prestrukturiranju bilance družbe EDF.
To this end, the amendment proposed that the Act should define the accounting process and stipulate that no additional revenue could be collected from EDF by the state on the ownership of the RAG assets being transferred.
Družba EDF je s tem ko ni plačala celotnega davka od dohodkov pravnih oseb ob prestrukturiranju svoje bilance, prihranila 5882849762 FRF dolgovanega davka.
The report indicated that ‘the inclusion of the accounting process for converting the provisions to own funds in the Act was ruled out at the request of the Council of State on account of its not being of a legislative nature’;
Navedeni davčni ukrep je učinkoval tako, da je družbi EDF leta 1997 omogočil prednost, ker je bil znesek 5,88 milijarde FRF oproščenega davka, zajet v znesku 14,119 milijarde FRF, vpisan v bilanco družbe EDF kot dajatve koncedentu, ki jih je država ob izvajanju zakona št. 97-1026 z retroaktivnim učinkom od 1. januarja 1997 prerazvrstila.
in the discussion the report cited a number of parliamentary opinions to the effect that the state should be able to impose other charges on EDF, the undertaking should pay corporation tax on its profits and the real question was ‘how much the Government was to collect from EDF and by what means’.
Davčne posledice navedenega zakona so predstavljene v dopisu ministra za gospodarstvo, z učinkom od istega datuma 1. januarja 1997.
As for the Senate, its report preparatory to the debate on the draft law found that there was no justification for creating accounting provisions for the renewal of the RAG assets from 1987 onwards.
Francoski organi zatrjujejo, da družba EDF v obdobju od 1987 do 1996 zaradi prenosov davčnih izgub ni mogla plačevati davka od dohodkov pravnih oseb, tudi če ne bi bilo dodelitev v rezervacije za prenovo omrežja RAG.
When the draft law was presented to the Senate on 2 October 1997, the minister responsible stressed the ‘fictitious’ nature of EDF's losses from a tax point of view, as well as the non-payment of corporation tax resulting from the provisions.
Ta trditev se ne more upoštevati.
The minister reassured the Senate that the arrangements did nothing to call into question EDF's monopoly position.
Davčna olajšava izhaja iz leta 1997 in ne iz predhodnih let.
The Senate report outlined the consequences of the Article under scrutiny on the items in EDF's balance sheet before and after reclassification of the provisions, along similar lines to the National Assembly report, as set out in Table 2.
Poleg tega so nezakonite dodelitve v rezervacije delno povzročile prenose davčnih izgub.
It pointed out that cleaning up the balance sheet would make it easier to compare it with the balance sheets of EDF's competitors;
Prenosi davčnih izgub naj bi bili v obdobju od 1987 do 1996 postopoma odpravljeni, tako da naj bi bil leta 1997 znesek davka, ki bi ga morala plačati družba EDF, znatno višji od prejšnjega, tudi če se ne upošteva neplačilo davka zaradi prerazvrstitve dajatev koncedentu.
this would make EDF more credible to the financial world, which was all the more important considering that the cost of debt renegotiation depended in particular on the debt/equity ratio.
Francoski organi poleg tega menijo, da bi bilo treba za ustvarjene rezervacije za prenovo omrežja RAG – tudi če bi se te rezervacije izkazale za prednost – šteti, da so izničene zaradi povečanja davka od dohodkov pravnih oseb, plačanega leta 1997.
As part of the ‘clarification’ of EDF's financial relations with the state, the Senate report stated that ‘in exchange for the tax revenue that the public establishment would now pay to the state, the contract for services signed on 8 April 1997 for 1997 to 2000 provides for a slight reduction in EDF transfers to the state’.
Vendar francoski organi v obvestilu z dne 9. aprila 2002, povzetem v uvodni izjavi 35, sami navajajo, da so bile dajatve koncedentu prerazvrščene v kapitalske injekcije brez obdavčitve z davkom od dohodkov pravnih oseb, neuporabljene rezervacije za prenovo pa naj bi bile obdavčene po običajnem postopku.
As a result of the writing back of the renewal provision of FRF 38,5 billion, making EDF liable for corporation tax, the Senate report stated that ‘the financial relations between EDF and the state have been revised downwards’.
Davek, ki ga je družba EDF plačala leta 1997, je torej nižji od običajno dolgovanega davka.