Cost-efficiency - Luxembourg

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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	30	15	NA	NA
Determined costs	31	15	15	16
Difference costs	-1	0	NA	NA

Inflation assumptions	2020-2021	2022	2023	2024
Determined inflation rate	NA	5.6%	2.6%	3.1%
Determined inflation index	NA	113.3	119.1	122.8
Actual inflation rate	NA	8.2%	NA	NA
Actual inflation index	NA	116.1	NA	NA
Difference inflation index (p.p.)	NA	+2.8	NA	NA

Focus on unit cost

AUC vs. DUC

In 2022, the terminal AUC was -1.3% (or -3.14 €2017) lower than the planned DUC. This results from the combination of slightly higher than planned TNSUs (+0.8%) and slightly lower than planned terminal costs in real terms (-0.5%, or -0.1 M€2017). It should be noted that actual inflation index in 2022 was +2.8 p.p. higher than planned.

Terminal service units

Terminal costs by entity

Terminal costs for the main ANSP at charging zone level

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

AUCU components (€/SU) – 2022
Components of the AUCU in 2022	€/SU
DUC	275.22
Inflation adjustment	5.80
Cost exempt from cost-sharing	-8.49
Traffic risk sharing adjustment	0.00
Traffic adj. (costs not TRS)	-0.26
Finantial incentives	0.00
Modulation of charges	11.41
Cross-financing	0.00
Other revenues	-40.43
Application of lower unit rate	0.00
Total adjustments	-31.97
AUCU	243.25
AUCU vs. DUC	-11.6%

Cost exempt from cost sharing by item - 2022	€'000	€/SU
New and existing investments	-400.5	-7.41
Competent authorities and qualified entities costs	0.0	0.00
Eurocontrol costs	0.0	0.00
Pension costs	-58.3	-1.08
Interest on loans	0.0	0.00
Changes in law	0.0	0.00
Total cost exempt from cost risk sharing	-458.8	-8.49

Focus on AUCU

The actual terminal unit cost incurred by airspace users (AUCU) in respect of activities performed in 2022 (243.25 €) is -11.6% lower than the nominal DUC (275.22 €). The difference between these two figures (-31.97 €/SU) is due to:
- the positive inflation adjustment resulting from higher than planned inflation (+5.80 €/SU);
- the impact of adjustments resulting from the costs exempted from cost-sharing mechanism (-8.49 €/SU);
- the deduction of the traffic adjustment (-0.26 €/SU) for the costs not subject to traffic risk sharing;
- the modulation of charges (+11.41 €/SU); and
- the deduction of the other revenues (-40.43 €/SU).
The share of the regulatory result in the AUCU (before the deduction of other revenues) is -2.2%.

Regulatory result (RR)

Focus on regulatory result

ANA net gain on activity in the Luxembourg terminal charging zone in the year 2022

ANA reported a net loss of -0.3 M€, as a combination of a loss of -0.5 M€ arising from the cost sharing mechanism, with a gain of +0.1 M€ arising from the traffic risk sharing mechanism.

ANA overall regulatory results (RR) for the Luxembourg terminal charging zone activity

Ex-post, the overall RR taking into account the net loss from the terminal activity mentioned above (-0.3 M€) amounts to -0.3 M€ (-2.3% of the terminal revenues), as the RoE for ANA has been set to zero. The resulting ex-post rate of return on equity is -2.2%.