Cost-efficiency - Malta
PRB monitoring
▪ The en route 2022 actual unit cost of Malta was 27.83 €2017, 1.4% higher than the determined unit cost (27.44 €2017). The terminal 2022 actual unit cost was 114.43 €2017, 34% lower than the determined unit cost (173.37 €2017).
▪ The en route 2022 actual service units (667K) were 18% lower than the determined service units (811K).
▪ The en route 2022 actual total costs were 3.7 M€2017 (-17%) lower than determined. The reduction was mainly due to significant decreases in other operating costs (-2.7 M€2017, or -33%) and depreciation costs (-1.1 M€2017, or -39%). The NSA did not provide explanations for the variations of costs.
▪ MATS spent 2.5 M€2017 in 2022 related to costs of investments, 42% less than determined (4.3 M€2017), as a result of lower depreciation and cost of capital. The NSA did not provide an explanation for the substantial decrease.
▪ The discrepancies regarding costs of investments are significant. The PRB invites the NSA to analyse the discrepancies, identify their reasons, and the Member State to take immediate, adequate, and proportionate action to ensure the implementation of the investment plans to avoid future capacity gaps.
▪ Malta did not provide the required data in time and with the required quality. The PRB recommends that the NSA put in place a solid process for reporting in order to fulfil the Regulation requirements.
▪ The en route actual unit cost incurred by users in 2022 was 34.39€, while the terminal actual unit cost incurred by users was 190.37€.
En route charging zone
Unit cost (KPI#1)
Actual and determined data | ||||
Total costs - nominal (M€) | 2020-2021 | 2022 | 2023 | 2024 |
---|---|---|---|---|
Actual costs | 40 | 20 | NA | NA |
Determined costs | 42 | 24 | 24 | 26 |
Difference costs | −2 | −3 | NA | NA |
Inflation assumptions | 2020-2021 | 2022 | 2023 | 2024 |
---|---|---|---|---|
Determined inflation rate | NA | 4.7% | 2.8% | 2.1% |
Determined inflation index | NA | 109.7 | 112.8 | 115.1 |
Actual inflation rate | NA | 6.1% | NA | NA |
Actual inflation index | NA | 111.2 | NA | NA |
Difference inflation index (p.p.) | NA | +1.5 | NA | NA |
Actual unit cost incurred by the users (AUCU) (PI#1)
AUCU components (€/SU) – 2022 | |
Components of the AUCU in 2022 | €/SU |
---|---|
DUC | 29.30 |
Inflation adjustment | 0.34 |
Cost exempt from cost-sharing | −2.78 |
Traffic risk sharing adjustment | 4.00 |
Traffic adj. (costs not TRS) | 1.02 |
Finantial incentives | 0.00 |
Modulation of charges | 0.00 |
Cross-financing | 0.00 |
Other revenues | 0.00 |
Application of lower unit rate | 0.00 |
Total adjustments | 2.58 |
AUCU | 31.89 |
AUCU vs. DUC | +8.8% |
Cost exempt from cost sharing by item - 2022 | €'000 | €/SU |
---|---|---|
New and existing investments | −1,810.4 | −2.71 |
Competent authorities and qualified entities costs | 0.0 | 0.00 |
Eurocontrol costs | −43.2 | −0.06 |
Pension costs | 0.0 | 0.00 |
Interest on loans | −0.2 | 0.00 |
Changes in law | 0.0 | 0.00 |
Total cost exempt from cost risk sharing | −1,853.9 | −2.78 |