Traduction de «Coût de portage négatif » (Français → Anglais) :

Depending on the circumstances, several elements could influence the conditions under which such access is granted, such as: any additional maintenance and adaptation costs; any preventive safeguards to be adopted to limit adverse impacts on network safety, security and integrity; any specific liability arrangements in the event of damages; the use of any public subsidy granted for the construction of the infrastructure, including specific terms and conditions attached to the subsidy or provided under national law in compliance with Union law; the ability to deliver or provide infrastructure capacity to meet public service obligation ...[+++]s; any constraints stemming from national provisions aiming at protecting the environment, public health, public security or to meet town and country planning objectives.

In the opinion of the Austrian authorities, ÖIAG’s decision to sell Austrian Airlines for a negative purchase price would also have been taken by a private investor (25) guided by the prospects of longer term profitability, as the negative purchase price was significantly less costly than the alternative scenarios.

So far as concerns the net liabilities related to the sale of the leased vessels (152), the French authorities state that, on the basis of certain assumptions (153), the net sale proceeds are valued, by the specialist broker BRS, at EUR [.] million on 30 September 2005 after discount, brokerage commission and financial cost of porterage.

Against that background, the Commission takes the view that it is reasonable to take into account the financial costs of porterage between 30 September 2005 and the date of actual disposal of the vessel.

According to that approach, the analysis of actual costs which would have been paid by the State shareholder shows that the cost to the State of the sale of SNCM at a negative price of EUR 158 million is lower than the actual cost which it would have had to bear in the event of the compulsory liquidation of the undertaking.

This process makes it possible to modernise and stimulate these markets, to improve service quality and to lower costs, with no negative impact on employment.