Cost-efficiency - Belgium

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Terminal charging zone

Unit cost (KPI#1)

Actual and determined data
Total costs - nominal (M€) 2020-2021 2022 2023 2024
Actual costs 67 NA NA NA
Determined costs 70 38 42 44
Difference costs -2 NA NA NA
Inflation assumptions 2020-2021 2022 2023 2024
Determined inflation rate NA 7.8% 4.7% 2.1%
Determined inflation index NA 115.6 123.9 126.5
Actual inflation rate NA NA NA NA
Actual inflation index NA NA NA NA
Difference inflation index (p.p.) NA NA NA NA

AUC vs. DUC

The AUC for the combined year 2020-2021 is lower than the planned DUC (by -3.1%, or -12.44 €2017). This is due to the combination of lower than planned TNSUs (-0.5%) and lower than planned terminal costs in real terms (by -3.6%, or -2.4 M€2017).

Terminal service units

The difference between actual and planned TNSUs (-0.5%) falls within the ±2% dead band. Hence the resulting loss is borne by the ANSP.

Terminal costs by entity

Actual real terminal costs for 2020-2021 are -3.6% (-2.4 M€2017) lower than planned. This result is driven by the main ANSP, Skeyes (-3.7%, or -2.4 M€2017), while the NSA costs are -0.5% lower than planned.

Terminal costs for the main ANSP at charging zone level

Overall, the terminal costs in real terms for Skeyes in 2020-2021 were lower than the determined costs from the performance plan (by -3.7%, or -2.4 M€2017 lower). This results from:
- lower staff costs (-2.4%),
- lower other operating costs (-9.4%),
- lower depreciation (-0.9%); and
- lower cost of capital (-5.5%).
The additional information to the reporting tables provides no qualitative information explaining the reasons underlying the differences between the determined and actual costs.

Actual unit cost incurred by the users (AUCU) (PI#1)

AUCU components (€/SU) – 2020-2021
Components of the AUCU in 2020-2021 €/SU
DUC 415.36
Inflation adjustment 2.84
Cost exempt from cost-sharing -0.45
Traffic risk sharing adjustment 0.00
Traffic adj. (costs not TRS) 0.16
Finantial incentives 0.00
Modulation of charges -7.97
Cross-financing 0.00
Other revenues -93.46
Application of lower unit rate 0.00
Total adjustments -98.88
AUCU 316.47
AUCU vs. DUC -23.8%
Cost exempt from cost sharing by item - 2020-2021 €'000 €/SU
New and existing investments -66.0 -0.40
Competent authorities and qualified entities costs -8.6 -0.05
Eurocontrol costs 0.0 0.00
Pension costs 0.0 0.00
Interest on loans 0.0 0.00
Changes in law 0.0 0.00
Total cost exempt from cost risk sharing -74.6 -0.45

The actual terminal unit cost incurred by airspace users (AUCU) in respect of activities performed in combined year 2020-2021 for Belgium-Brussels terminal charging zone (324.46€) is -21.9% lower than the nominal DUC (415.36€) which includes DUC initially charged: 246.18€; and to be charged: 169.18€. The difference between these two figures (-90.90€/SU) is due to:
- the positive inflation adjustment resulting from higher than planned inflation (+2.84€/SU);
- the impact of adjustments resulting from the costs exempted from cost-sharing mechanism (-0.43€/SU);
- the impact of the traffic adjustment (+0.16€/SU) for the costs not subject to traffic risk sharing to be charged in future years; and mostly
- the deduction of the other revenues (-93.46€/SU).
The share of regulatory result in the AUCU (befored the deduction of other revenues) is 4.5%.

Regulatory result (RR)

Skeyes net gain on activity in the Belgium-Brussels terminal charging zone in the combined year 2020-2021
Skeyes reported a net gain of +2.2 M€, resulting from a gain of +2.5 M€ arising from the cost sharing mechanism and a loss of -0.3 M€ arising from the traffic risk sharing mechanism.
Skeyes overall regulatory results (RR) for the terminal activity
Ex-post, the overall RR corresponding to the net gain from the terrminal activity mentioned above (+2.2 M€) and the RoE (+1.0 M€) amounts to +3.1 M€ (4.6% of the terminal revenues), compared to 1.5% ex-ante. The resulting ex-post rate of return on equity is 7.3%, which is higher than the 2.2% planned in the PP.