natgillin/translations-raw huggingface dataset:
Imputability of the measures to the State
Čeprav ti sklepi Valonije pravno ne zavezujejo, dokazujejo, da je temelje programa naložb postavila že precej pred podpisom pogodb iz leta 2001.
As the Region is a local authority [179], its decisions are imputable to the State.
Sklep z dne 8. novembra 2000 je temeljil zlasti na dopisu ministra za gospodarstvo, v katerem se je skliceval na študiji, ki sta bili izvedeni konec 90. let prejšnjega stoletja oziroma v začetku tega stoletja in ju je naročila Valonija:
As regards the decisions made by SOWAER, the Commission takes the view that, based in particular on the Stardust judgment [180], the imputability of those decisions can be established through the following points:
študijo, ki jo je izvedlo Mednarodno združenje letalskih prevoznikov (International Air Transport Association, v nadaljnjem besedilu: IATA): s to študijo so bile opredeljene tri možnosti razvoja potniškega prometa na letališču Charleroi, ki so temeljile na predpostavkah o rasti števila potnikov na rednih, čarterskih in poslovnih letih.
General points
študijo, ki jo je izvedla družba Tractebel in je bila končana aprila 2000: namen te študije je bil pripraviti načrt razvoja infrastrukture na podlagi komercialnih predpostavk („high scenario“) iz študije IATA.
As stipulated by the recital to the 2002 SOWAER/BSCA agreement, SOWAER is a ‘specialised company acting, by delegation, on behalf of the Walloon Region’.
V povzetku teh študij, ki ga je minister predložil valonski vladi, so navedene splošne predpostavke o prometu, ki niso predstavljene kot povezane z enim prevoznikom ali zlasti z eno prihodnjo pogodbo.
SOWAER is wholly owned by the Region and is under its exclusive control.
V smernici je bilo poudarjeno, da mora družba BSCA nujno privabiti nove letalske prevoznike (poleg družbe Ryanair) in da se mora Charleroi uveljaviti kot potencialno ciljno letališče za nove baze, ki jih bodo nizkocenovni prevozniki vzpostavili v prihodnosti.
The Board of Directors consists solely of representatives of the Region.
Tudi poslovni načrt družbe BSCA iz leta 2001 potrjuje, da so bile naložbe, zlasti izgradnja novega terminala, predvidene ne samo v odgovor na potrebe družbe Ryanair, ampak tudi v odgovor na potrebe vseh letalskih prevoznikov, ki bi jih lahko letališče Charleroi privabilo.
SOWAER has particularly been entrusted by the Region with implementing, on its behalf and under its control, the investment programmes approved by the Walloon Government.
V skladu s tem poslovnim načrtom naj bi se namreč število potnikov družbe Ryanair na odhodnih letih do leta 2015 povečalo za samo od 360000 do 700000 potnikov (glej preglednico v uvodni izjavi 536).
As clarified by Belgium [181], the Walloon Government, as the sole shareholder in SOWAER, approves the investment programme and monitors its implementation.SOWAER manages, on behalf of the Region, the financial holdings in the airport management companies (including BSCA) in order to ensure public participation in those companies and that their strategy complies with the guidelines set out by the Walloon Government.
Naložb torej nista izvedli izključno zato, da bi se povečalo število potnikov družbe Ryanair, temveč da bi se lahko uresničil potencial za velik promet, ki ni povezan z enim samim letalskim prevoznikom.
Points specific to the measures examined
Komisija na podlagi tega sklepa, da teh naložb ni mogoče pripisati izključno družbi Ryanair.
2002 SOWAER/BSCA agreement
Zato ni treba dodatnih stroškov naložbi pripisati naložbama iz leta 2001.
In a decision of 23 May 2001, the Walloon Government approved SOWAER's financial plan.
Pričakovani dodatni stroški poslovanja
This financial plan includes an investment programme for Charleroi airport.
Pričakovani dodatni stroški poslovanja zaradi pogodb iz leta 2001 so enaki pričakovanim stroškom poslovanja, ki jih je mogoče neposredno pripisati družbi Ryanair, tem pa je Komisija dodala del pričakovanih posrednih stroškov poslovanja sorazmerno z deležem potnikov družbe Ryanair glede na skupno število potnikov.
It was this programme that was annexed to the 2002 SOWAER/BSCA agreement.
Komisija poudarja, da če je ob tej predpostavki neto sedanja vrednost pogodb iz leta 2001 pozitivna, to velja še toliko bolj, če se z linearno regresijo, kot je predlagano v študiji, ki jo je za družbo Ryanair predložila družba Oxera, določijo pričakovani dodatni stroški poslovanja.
The amount of the fee remaining to be paid by BSCA for the provision of the infrastructure and certain services depends on the subsidy paid by the Region to BSCA to cover the fixed fee.
Pričakovani dodatni prihodki
In a decision of 3 April 2003, the Walloon Government officially noted the 2003 investment programme.
V nasprotju z mnenjem družbe Ryanair je bila v analizi Komisije izključena kakršna koli preostala vrednost pogodbe z družbo Ryanair, saj je dolgoročni učinek oglaševanja na skupni promet na letališču Charleroi slabo dokumentiran in težko merljiv.
Capital increase subscribed by SOWAER in 2002
Neto sedanja vrednost pogodb iz leta 2001
In its decision of 23 May 2001 on the SOWAER financial plan, the Region confirmed the principle of successive capital injections in the companies managing the Walloon airports [182].
Rezultati izračuna neto diskontirane vrednosti so predstavljeni v preglednici Preglednice 21.
The Commission concludes from the above that the 2002 agreements, the 2002 capital increase and the 2003 investment decision constitute measures imputable to the State.
Iz njih je razviden pozitiven dodaten prispevek družbe Ryanair za vsa zadevna leta.
Distortion of competition and effect on trade
Preglednica 21
As the manager of Charleroi airport, BSCA is in competition with the managers of other airport platforms serving the same catchment area.
Pričakovani denarni tokovi ukrepa iz leta 2001
The Commission notes in particular that Brussels airport is 69 km away by road, Liège 78 km, Lille-Lesquin 121 km and Maastricht-Aachen airport 126 km [183].
Število potnikov družbe Ryanair na odhodnih letih
These airports that are in competition with Charleroi airport are located in Belgium or other Member States.
Skupno število potnikov na odhodnih letih
BSCA's website confirms this international dimension of Charleroi airport, which ‘is located 45 minutes from the centre of Brussels, to the south of the Netherlands, to the north-west of France and Luxemburg, and to the west of Germany, 2 hours by road from major cities such as Cologne, Paris and Amsterdam’.
Prihodki na potnika na odhodnem letu
Its catchment area contains ‘5 million potential passengers who are less than 1 hour away by road and more than 15 million who are less than 2 hours away’.
Potniška pristojbina
[184]
Pristojbina za vkrcanje
The measures granted to BSCA, insofar as they give the latter an economic advantage, encourage airlines and passengers to choose Charleroi airport — and therefore its manager BSCA — rather than airports serving the same catchment area, including airports situated in other Member States.
Gorivo
They therefore threaten to distort competition between airport managers and affect trade between Member States.
[0,3–0,7]
Conclusion on the existence of aid granted to BSCA
Prostocarinska prodajalna
The Commission cannot rule out that BSCA's capital increase subscribed by SOWAER in 2002 may also constitute State aid granted to BSCA.
Drugi lokali
Existence of State aid granted to Ryanair
Gostinske storitve
In order to determine whether the measures granted to Ryanair constitute State aid, the Commission will firstly examine whether the 2010 amendment is imputable to the State (Section 6.2.1).
[2–4]
It will then examine whether the other measures granted to Ryanair give the latter an advantage (Section 6.2.2).
Oskrbovanje
Imputability to the State of the 2010 amendment
Provizija/prodaja
In this section, the Commission will examine whether the conclusion of the 2010 amendment is imputable to the State.
[14–17]
As found by the Court of Justice in the Stardust judgment [185], ‘the mere fact that a[n] … undertaking is under State control is not sufficient for measures taken by that undertaking … to be imputed to the State.
Stroški na potnika na odhodnem letu
It is also necessary to examine whether the public authorities must be regarded as having been involved, in one way or another, in the adoption of those measures’.
Prispevek za oglaševanje
The Stardust judgment also states that ‘the imputability to the State of an aid measure taken by a public undertaking may be inferred from a set of indicators arising from the circumstances of the case and the context in which that measure was taken’.
Nakupi v prostocarinski prodajalni
With regard to the capital ownership and the votes attached to shares issued by the undertaking:
[1,5–2,5]
On 6 December 2010 when the 2010 amendment to the contract with Ryanair was concluded, BSCA's capital was owned as follows:
Sklad za okolje
22,56 % by SOWAER, a company wholly owned by the Region and under its exclusive control,
Drugo blago in storitve
27,65 % by Sogepa (‘Société Wallonne de Gestion et de Participation’), a company wholly owned by the Region and under its exclusive control, which is the Region's financial arm for assistance given to restructuring businesses,
Plače in socialni prispevki
19,16 % by Sambrinvest, a venture capital company 50 % owned by the Region and under the joint control of the Region and private shareholders [186],2,32 % by Igretec (‘Intercommunale pour la Gestion et la Réalisation d'Etudes Techniques et Economiques’),
[4–5]
27,65 % by Belgian Airports, a wholly private company consisting of the Italian group SAVE and the Belgian company Holding Communal SA.
[10–13]
As SOWAER and Sogepa held over half of BSCA's shares and were themselves wholly owned by the Region, the public authorities owned the majority of BSCA's capital and held the majority of the votes attached to those shares.
„Prispevek za trženje“
When the amendment was concluded on 6 December 2010, BSCA's Articles of Association applicable at the time stipulated as follows [187]:
Skupni prihodki na potnika družbe Ryanair na odhodnem letu
‘The Board of Directors of BSCA shall consist of a maximum of 19 members:
Skupni stroški na potnika družbe Ryanair na odhodnem letu
12 directors appointed on the proposal of category A shareholders [188];
Dodatni prispevek na potnika družbe Ryanair
3 independent directors, with 2 appointed on the proposal of category A shareholders, whose candidatures must have been approved in advance by the Region, and 1 independent director appointed on the proposal of category C shareholders …
Skupni dodatni prispevek družbe Ryanair (v milijonih EUR)
With regard to the 12 directors referred to in point (i), two shall be proposed by Sambrinvest, one by Igretec and two by Sogepa …
[0,5–4]
Candidates proposed by category A shareholders shall always be approved in advance by the Walloon Region, except, however, for those proposed by Igretec, Sambrinvest and Sogepa’.
Ker je dodatni prispevek družbe Ryanair pozitiven za vsa zadevna leta, bo neto sedanja vrednost nujno pozitivna, ne glede na tehtani povprečni strošek zadevnega kapitala.
The majority of directors (12 out of 19) were therefore appointed:
V ponazoritev, Komisija je neto sedanjo vrednost kljub temu izračunala na podlagi povprečnega stroška, ki znaša med 8,7 in 9 %.
either with the Region's approval (9 directors, including 7 appointed by category A shareholders and 2 independent directors),
Diskontna stopnja, ki se je uporabila za izračun neto sedanje vrednosti pogodb, je tehtani povprečni strošek kapitala subjekta, ki dodeli pomoč, ob njeni dodelitvi.
or on the proposal of entities under the Region's exclusive control (3 directors appointed on the proposal of Igretec and Sogepa).
V obravnavanem primeru prihodki in stroški, povezani s pogodbo z družbo Ryanair, vplivajo na računovodske izkaze družbe BSCA.
Even excluding the two independent directors, the majority of directors (10) were appointed either with the Region's approval (7) or on the proposal of entities under the Region's exclusive control (3).
Komisija se je zato odločila, da bo kot diskontno stopnjo uporabila strošek kapitala družbe BSCA.
The three criteria laid down by the Transparency Directive were therefore met at the time when the 2010 amendment was concluded.
Izračun tehtanega povprečnega stroška kapitala družbe BSCA temelji na različnih predpostavkah:
However, these criteria only allow the dominant influence of the public authorities to be presumed.
financiranja izključno z lastnimi sredstvi;
As indicated by Article 2 of the Transparency Directive, the rules in force should also be examined to determine whether the public authorities had a dominant influence.
premiji za tveganje v višini 5,51 % [200];
With regard to the rules in force determining whether the public authorities had a dominant influence:
stroških pred obdavčitvijo kapitala, vloženega brez tveganja, med 4,9 % in 5,2 %;
Article 4.2.3 of the June 2009 shareholders' agreement between SOWAER, Sogepa, Sambrinvest and Igretec, on the one hand, and Belgian Airports (Save), on the other hand, as reflected by Article 16 of BSCA's Articles of Association in force at the time when the 2010 amendment was concluded, stipulates that category C directors, appointed on the proposal of Belgian Airports, have a right of veto over certain categories of decision:
davčni stopnji v višini 40,2 %.
‘… Decisions shall be taken by the Board of Directors by a simple majority of votes, except for decisions concerning the following matters, which shall also require the agreement of all category C directors:
V ponazoritev, Komisija je tako na podlagi povprečne stopnje med 8,7 % in 9 %, to je 8,85 %, ugotovila, da je neto diskontirana vrednost pozitivna in znaša 19,5 milijona EUR.
any amendment to the Business Plan;
Preglednica 22
the adoption of new business plans on the expiry of the Business Plan 2009-2012 and any amendment to such plans;
Neto diskontirana vrednost (NDV) ukrepa iz leta 2001
any decision deviating from the current business plan without formally amending it;
Diskontna stopnja 8,85 %
the adoption of the Company's annual budget (particularly with regard to developments, investments, projects, studies, equipment, indirect and staff costs) and any amendment to the budget exceeding EUR 100000;
NDV
the proposal to amend the dividend policy, to be submitted to the general meeting;
Ta pozitivna vrednost neto diskontirane vrednosti in pozitivni prispevki za vsa leta kažejo, da je bilo mogoče pričakovati, da se bo s pogodbama iz leta 2001 povečala donosnost subjekta Valonija-SOWAER-BSCA.
the approval of any contract or agreement between the Company and the Walloon Region or any company directly or indirectly controlled by the latter;
V zvezi z zavezo Valonije, da bo družbi Ryanair nadomestila izgube, ki jih bo ta prevoznik utrpel zaradi morebitne spremembe višine letaliških pristojbin ali delovnega časa letališča v obdobju 2001–2016, Komisija opozarja, da to nadomestilo ne sme preseči izgube, ki jo bo družba Ryanair neposredno utrpela zaradi spremembe.
the relationship between the Company and Ryanair;
Če bi torej Valonija družbi Ryanair izplačala nadomestilo na podlagi te določbe, družba Ryanair ne bi bila v ugodnejšem položaju od tistega, v katerem bi bila, če bi Valonija izpolnila svojo zavezo.
the appointment and removal of the Chief Executive Officer;
S to določbo torej družbi Ryanair ni dodeljena dodatna prednost.
any company decision concerning or involving facts stated in a complaint submitted by Belgian Airports to SOWAER in accordance with the Share Sale Agreement;
Poleg tega so v skladu s točko 66 letaliških smernic ti sporazumi del splošne strategije, ki naj bi vsaj dolgoročno omogočila donosnost letališča.
any decision concerning the relationship between BSCA and BSCA Security in terms of security; and
Strategija družbe BSCA je bila razviti promet na letališču Charleroi, zlasti da se povečajo njegovi prihodki in se tako lažje krijejo njegovi fiksni stroški ter postane dobičkonosno.
the conclusion, amendment of terms, termination or abandonment of any joint venture or strategic collaboration other than with the Shareholders of Save or associated companies’.
Družba BSCA se je zato usmerila v direktne lete na kratkih in srednje dolgih razdaljah, natančneje v nizkocenovne lete.
The Commission concludes that, at the time when the 2010 amendment was concluded, no major decision on the management of BSCA's affairs could have been taken without the approval of Belgian Airports.
To strategijo je oprla na študije, ki jih je zunanjim svetovalcem naročila konec 90. let prejšnjega stoletja.
BSCA was therefore under the joint control of its private and public shareholders and, as a result, was not under the dominant influence of the public shareholders alone.
Glede na nekatere od teh študij [201] je imelo letališče Charleroi primerljive prednosti za razvoj v tem segmentu, zlasti nizke stroške.
In this respect, it should be noted that Belgian Airports' right of veto covered the relationship between BSCA and Ryanair (see point (iv) of recital 495).
Tako je imela družba BSCA glede na „strateško smernico“ z dne 31. julija 2001 cilj doseči 2,5 do 3 milijone potnikov [202] do leta 2010, kar se v skladu s smernico „glede na vzpostavitev baze družbe Ryanair in rast zračnega prometa ne zdi uresničljivo“.
Without the approval of Belgian Airports, BSCA was therefore unable to implement any instructions from the public authorities on the conclusion of the 2010 amendment.
Sporazumi iz leta 2001 torej spadajo v okvir te strategije rasti prometa in prihodkov.
Moreover, an examination of the minutes of the Board of Directors' meetings on the conclusion of the 2010 amendment, particularly the minutes of the meetings of 25 February and 29 April 2010, does not reveal the existence of any such instructions.
Ker je merilo zasebnega udeleženca v tržnem gospodarstvu izpolnjeno, pogodbi iz leta 2001 ne pomenita državne pomoči.
During its meeting on 25 February 2010, BSCA's Board of Directors unanimously approved the proposed agreement with Ryanair.
Začasni okvir poslovanja iz leta 2004
The Commission therefore concludes that BSCA's decision to conclude the 2010 amendment to the contract with Ryanair is not imputable to the State.
Komisija je za presojo, ali je okvir poslovanja iz leta 2004 predhodno prispeval k donosnosti subjekta, ki je dodelil pomoč, v skladu s točko 63 letaliških smernic, ugotovila, ali je bila neto diskontirana vrednost okvira poslovanja iz leta 2004 pozitivna za subjekt Valonija-SOWAER-BSCA.
In order to determine whether a State measure constitutes aid, it is necessary to establish whether the recipient undertaking receives an economic advantage that it would not have obtained under normal market conditions [190].
Alternativni scenarij odločitvi za sprejetje okvira poslovanja iz leta 2004 bi bila nesklenitev pogodbe z družbo Ryanair in torej odpoved dodatnim prihodkom in stroškom, povezanim s prometom z družbo Ryanair.
In order to determine whether (i) the 2001 agreements, (ii) the Ministerial Order of 11 June 2004 and the BSCA letter of 24 June 2004, (iii) the 2005 amendment and (iv) the sale by BSCA of its shares in Promocy have given an advantage to Ryanair, the Commission has examined whether, in adopting these measures, the entity having granted them acted as a market economy operator.
Družba BSCA je 22. januarja 2004, pred sklenitvijo začasnega okvira poslovanja iz leta 2004, posodobila svoj poslovni načrt.
Determination of the entity having granted the measures
Po navedbah Belgije je bil poslovni načrt z dne 22. januarja 2004 pripravljen zaradi odločitve iz leta 2004, da bi se potrdil novi predlog, ki naj bi bil predložen družbi Ryanair [203].
In paragraph 102 of its judgment of 17 December 2008 on the 2004 decision, the General Court concluded that ‘the Commission's refusal to examine together the advantages granted by the Walloon Region and by BSCA and to apply the private investor principle to the measures adopted by the Walloon Region in spite of the economic links binding those two entities is vitiated by an error in law’.
Vendar taposlovni načrt po eni strani zajema ne samo prihodkov od prometa, ki bi ga ustvarila družba Ryanair, ampak tudi prihodke od prometa, ki bi ga ustvarili drugi letalski prevozniki.
In order to apply the market economy operator test to (i) the 2001 agreements, (ii) the Ministerial Order of 11 June 2004 and the BSCA letter of 24 June 2004, (iii) the 2005 amendment and (iv) the sale by BSCA of its shares in Promocy, the Commission will therefore consider, given the economic and functional links between the Region/SOWAER and BSCA at the time when these measures were granted [191], that the entity having granted the measures is the group consisting of the Region, SOWAER and BSCA (hereinafter ‘Region-SOWAER-BSCA’).
Po drugi strani so v njem opredeljeni samo prihodki in stroški družbe BSCA, čeprav je treba za uporabo merila udeleženca v tržnem gospodarstvu šteti, da je subjekt, ki je z družbo Ryanair sklenil začasni okvir poslovanja iz leta 2004, Valonija-SOWAER-BSCA.
Consequently, the two 2001 contracts must be regarded as a single measure (hereinafter ‘the 2001 contracts’).
O naložbah na podlagi pogodbe med družbama SOWAER in BSCA iz leta 2002 in naložbah iz leta 2003 je bilo že odločeno in dela so se že začela.
Likewise, the Ministerial Order of 11 June 2004 and the BSCA letter of 24 June 2004 (hereinafter ‘the 2004 provisional commercial framework’) must be regarded as a single measure.
Poleg tega bi bil, kot je navedeno v uvodni izjavi 533, program naložb, ki je bil sestavni del pogodbe med družbama SOWAER in BSCA iz leta 2002, verjetno sprejet tudi, če ne bi bilo pogodb z družbo Ryanair.
Furthermore, in order to apply the market economy operator test, the cash flows between the three entities will be ignored and their accounts will be consolidated.
Enako velja za popravek programa naložb leta 2003, ki je bil del logike razvoja letališča, po možnosti z različnimi strankami – letalskimi prevozniki.
In order to determine whether the measures defined in Section 3.2 pass the market economy operator test, the Commission has examined, in accordance with point 53 of the aviation guidelines [192], if:
Komisija na podlagi tega sklepa, da ni treba, da se dodatni stroški naložb pripišejo začasnemu okviru poslovanja iz leta 2004.
the price charged for the airport services corresponds to the market price; or
Komisija je na podlagi teh predpostavk ugotovila, da so upoštevni denarni tokovi za analizo dobičkonosnosti okvira poslovanja iz leta 2004 naslednji:
it can be demonstrated through an ex ante analysis that the agreements with Ryanair were intended to lead to a positive incremental profit contribution for the group consisting of the Region-SOWAER-BSCA.
Preglednica 23
Comparison of the prices charged for airport services at Charleroi with the market price
Pričakovani denarni tokovi ukrepa iz leta 2004
The Commission has strong doubts that, at the present time, an appropriate benchmark can be identified to establish a true ‘market price’ for services provided by airport managers.
[0,05–0,15] [0,05–0,15]
The application of the market economy operator test using an average price observed in other similar markets may prove conclusive where a market price can be reasonably identified or deduced from other market indicators.
Trgovinske koncesije
However, this method may not be as relevant in the case of airport services.
[5–9]
The revenue and cost structure tends to differ significantly from airport to airport.
[14–20]
These costs and revenues depend on the airport's state of development, number of airlines operating from/to the airport, available capacity in terms of passenger traffic, state of the infrastructure, the regulatory burden, which may vary from Member State to Member State, and historical debts and obligations of the airport [193].
[9,5–11,5]
Moreover, the liberalisation of the air transport market complicates any comparative analysis.
Zagonski stroški
As the present case amply demonstrates, commercial arrangements between airports and airlines are not necessarily based on a list of public prices for individual services.
[3–9]
These commercial relationships vary widely.
[3–11]