Investments - Malta

PRB monitoring

▪ MATS planned a total RP3 asset value for new investments of 8.3M€₂₀₁₇. MATS did not plan any new major investment for RP3.

▪ MATS planned RP3 new investments for represent 0.2% of the Union-wide total amounts of the assets for new investments.

▪ MATS underspent -4.1M€₂₀₁₇ (-25%) in costs related to investments during RP3 (-4.9M€₂₀₁₇ in en route and +0.8M€₂₀₁₇ in terminal), according to the reporting tables. However, in the monitoring reports, MATS reported an underspending of -6.4M€₂₀₁₇ (-30%). No explanation for the differences has been provided. These amounts shall be reimbursed to the airspace users through a reduction of future unit rate(s), unless the NSA decides after consultation with the users, that the ANSP shall not reimburse a part of the difference according to article 28 of Regulation (EU) 2019/317.

▪ MATS reported 0.14M€₂₀₁₇ funding from Union assistance programmes in RP3, which is consistent with SESAR Deployment Manager data.

Value of the assets for New Investments included in the Performance Plan Malta | MATS

Determined and additional asset value by investment category

Total value of the asset for new investments (M€2017)	8.29	% of total
New major investments (above 5M€ each)	0.00	0%
Included in the performance plan	0.00	0%
Additional	0.00	0%
Other new investments (below 5M€ each)	8.29	100%

Determined asset value: en route and terminal

Total value of the asset for new major investments (M€2017)	0.00	% of total
En route	0.00	NaN
Terminal	0.00	NaN

Determined asset value by type of investment

Total value of the asset for new major investments (M€2017)	0.00	% of total
ATM systems	0.00	NaN
CNS systems	0.00	NaN
Infrastructure	0.00	NaN
Other	0.00	NaN
Unknown	0.00	NaN

Asset value for new investments: ANSP compared to Union-wide

Costs related to investments included in the Performance Plan Malta | MATS

New and existing investments

Determined costs	2020D	2021D	2022D	2023D	2024D	RP3
Total costs of new and existing investments (M€2017)	3.59	3.93	4.29	4.47	4.66	20.93
New major investments	0.00	0.00	0.00	0.00	0.00	0.00
Other new investments	0.11	0.46	0.38	0.13	0.27	1.35
Existing investments	3.47	3.47	3.91	4.34	4.39	19.58

Actual costs	2020A	2021A	2022A	2023A	2024A	RP3
Total costs of new and existing investments (M€2017)	3.59	2.24	3.78	2.30	2.65	14.57
New major investments	0.00	0.00	0.00	0.00	0.00	0.00
Other new investments	0.11	0.15	0.14	0.13	0.32	0.85
Existing investments	3.47	2.09	3.64	2.18	2.34	13.72

Difference (A-D)	2020	2021	2022	2023	2024	RP3
Total difference (M€2017)	0.00	(1.69)	(0.51)	(2.16)	(2.01)	(6.36)
New major investments	0.00	0.00	0.00	0.00	0.00	0.00
% change of actual with respect to determined	0%	0%	0%	0%	0%	0%
Other new investments	0.00	(0.30)	(0.24)	(0.00)	0.05	(0.50)
% change of actual with respect to determined	0%	-67%	-63%	-2%	+18%	-114%
Existing investments	0.00	(1.38)	(0.27)	(2.16)	(2.06)	(5.86)
% change of actual with respect to determined	0%	-40%	-7%	-50%	-47%	-143%

Costs of investments by nature - En route

Determined costs	2020D	2021D	2022D	2023D	2024D	RP3
Total costs of new and existing investments (M€2017)	2.82	3.16	3.46	2.54	2.71	14.69
Depreciation	2.42	2.75	2.97	2.02	2.17	12.33
Cost of capital	0.40	0.40	0.49	0.52	0.54	2.35
Cost of leasing	0.00	0.00	0.00	0.00	0.00	0.00

Actual costs	2020A	2021A	2022A	2023A	2024A	RP3
Total costs of new and existing investments (M€2017)	2.82	2.13	1.65	1.82	1.40	9.82
Depreciation	2.42	1.81	1.33	1.51	1.13	8.20
Cost of capital	0.40	0.33	0.32	0.31	0.27	1.62
Cost of leasing	0.00	0.00	0.00	0.00	0.00	0.00

Difference (A-D)	2020	2021	2022	2023	2024	RP3
Total difference (M€2017)	0.00	(1.02)	(1.81)	(0.72)	(1.31)	(4.86)
Depreciation	0.00	(0.94)	(1.63)	(0.52)	(1.04)	(4.14)
Cost of capital	0.00	(0.08)	(0.18)	(0.21)	(0.27)	(0.73)
Cost of leasing	0.00	0.00	0.00	0.00	0.00	0.00

Costs of investments by nature - Terminal

Determined costs	2020D	2021D	2022D	2023D	2024D	RP3
Total costs of new and existing investments (M€2017)	0.77	0.77	0.84	0.87	0.92	4.16
Depreciation	0.68	0.69	0.74	0.76	0.80	3.67
Cost of capital	0.08	0.08	0.10	0.11	0.11	0.49
Cost of leasing	0.00	0.00	0.00	0.00	0.00	0.00

Actual costs	2020A	2021A	2022A	2023A	2024A	RP3
Total costs of new and existing investments (M€2017)	0.77	0.36	0.34	0.49	0.38	2.33
Depreciation	0.68	0.29	0.27	0.42	0.29	1.96
Cost of capital	0.08	0.07	0.06	0.06	0.09	0.37
Cost of leasing	0.00	0.00	0.00	0.00	0.00	0.00

Difference (A-D)	2020	2021	2022	2023	2024	RP3
Total difference (M€2017)	0.00	(0.41)	(0.50)	(0.38)	(0.53)	(1.83)
Depreciation	0.00	(0.39)	(0.47)	(0.34)	(0.51)	(1.71)
Cost of capital	0.00	(0.02)	(0.04)	(0.04)	(0.02)	(0.12)
Cost of leasing	0.00	0.00	0.00	0.00	0.00	0.00

Costs by new major investments

Determined costs	2020D	2021D	2022D	2023D	2024D	RP3
Total costs of new and existing investments (M€2017)	0.00	0.00	0.00	0.00	0.00	0.00
NA	0.00	0.00	0.00	0.00	0.00	0.00

Actual costs	2020A	2021A	2022A	2023A	2024A	RP3
Total costs of new and existing investments (M€2017)	0.00	0.00	0.00	0.00	0.00	0.00
NA	0.00	0.00	0.00	0.00	0.00	0.00

Difference (A-D)	2020	2021	2022	2023	2024	RP3
Total difference (M€2017)	0.00	0.00	0.00	0.00	0.00	0.00
NA	0.00	0.00	0.00	0.00	0.00	0.00

Expected benefit and impact per new major investment Malta | MATS

New major investments	Expected benefit per KPA	SAF	ENV	CAP	CEF

New major investments	Expected impact	Network	Local	Non-performance

New major investments	SES mandated	Partnership	ATM systems
			ATM system	CP/MP

Public funding granted for total CAPEX (CEF/TEN-T)

Actual funding declaration vs payments

Funding declared (M€2017)	2020	2021	2022	2023	2024	RP3
Total included in the funding declaration (reporting tables)	-0.61	0.01	0.57	0.17	0.00	0.14
SDM Payment	-0.62	0.00	0.57	0.17	0.00	0.13
Difference between total funding declared vs received	0.00	0.01	(0.00)	0.00	0.00	0.01