Investments - Norway

PRB monitoring

▪ Avinor ANS planned a total RP3 asset value for new investments of 81M€₂₀₁₇, of which 52% for new major investments. Avinor ANS planned four new major investments for RP3.

▪ Avinor ANS planned RP3 new investments represent 2% of the Union-wide total amounts of the assets for new investments. Avinor ANS planned to invest more in ATM systems compared to the Union-wide median 63% vs 47% respectively).

▪ Avinor ANS underspent -1.7M€₂₀₁₇ (-1.2%) in costs related to investments during RP3 (-1.2M€₂₀₁₇ in en route and -0.5M€₂₀₁₇ in terminal), according to the reporting tables. However, in the monitoring reports, Avinor ANS reported an underspending of -0.6M€₂₀₁₇ (-0.5%). 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.

▪ Avinor ANS reported no funding from Union assistance programmes in RP3, while SESAR Deployment Manager data indicates payments for 1.1M€₂₀₁₇ during the reference period.

Value of the assets for New Investments included in the Performance Plan Norway | Avinor Flysikring AS (Avinor ANS)

Determined and additional asset value by investment category

Total value of the asset for new investments (M€2017)	81.12	% of total
New major investments (above 5M€ each)	41.92	52%
Included in the performance plan	41.92	52%
Additional	0.00	0%
Other new investments (below 5M€ each)	39.20	48%

Determined asset value: en route and terminal

Total value of the asset for new major investments (M€2017)	41.92	% of total
En route	14.38	34%
Terminal	27.54	66%

Determined asset value by type of investment

Total value of the asset for new major investments (M€2017)	41.92	% of total
ATM systems	26.48	63%
CNS systems	15.44	37%
Infrastructure	0.00	0%
Other	0.00	0%
Unknown	0.00	0%

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

Costs related to investments included in the Performance Plan Norway | Avinor Flysikring AS (Avinor ANS)

New and existing investments

Determined costs	2020D	2021D	2022D	2023D	2024D	RP3
Total costs of new and existing investments (M€2017)	26.48	27.59	28.56	30.50	31.41	144.53
New major investments	0.13	0.44	0.83	1.59	3.16	6.15
Other new investments	0.00	0.00	0.72	1.41	2.29	4.42
Existing investments	26.34	27.15	27.01	27.50	25.96	133.97

Actual costs	2020A	2021A	2022A	2023A	2024A	RP3
Total costs of new and existing investments (M€2017)	26.48	28.25	28.12	27.47	33.16	143.47
New major investments	0.13	0.22	0.30	0.67	0.84	2.17
Other new investments	0.00	0.00	4.93	12.00	16.87	33.81
Existing investments	26.34	28.03	22.88	14.80	15.44	107.50

Difference (A-D)	2020	2021	2022	2023	2024	RP3
Total difference (M€2017)	0.00	0.66	(0.44)	(3.03)	1.75	(1.06)
New major investments	0.00	(0.21)	(0.53)	(0.92)	(2.32)	(3.98)
% change of actual with respect to determined	0%	-49%	-63%	-58%	-73%	-243%
Other new investments	0.00	0.00	4.22	10.59	14.58	29.38
% change of actual with respect to determined	0%	0%	+588%	+750%	+636%	+1975%
Existing investments	0.00	0.88	(4.13)	(12.70)	(10.52)	(26.47)
% change of actual with respect to determined	0%	+3%	-15%	-46%	-41%	-99%

Costs of investments by nature - En route

Determined costs	2020D	2021D	2022D	2023D	2024D	RP3
Total costs of new and existing investments (M€2017)	18.97	20.26	21.37	22.64	23.07	106.31
Depreciation	13.02	13.26	13.44	13.71	13.29	66.71
Cost of capital	5.95	6.99	7.94	8.93	9.78	39.60
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)	18.97	20.64	21.00	19.74	24.75	105.10
Depreciation	13.02	12.49	11.92	8.67	9.84	55.94
Cost of capital	5.95	8.15	9.08	11.07	14.91	49.16
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)	0.38	(0.37)	(2.90)	1.68	( 1.21)
Depreciation	0.00	(0.78)	(1.51)	(5.04)	(3.45)	(10.77)
Cost of capital	(0.00)	1.15	1.14	2.14	5.13	9.56
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)	7.51	7.33	7.19	7.86	8.34	38.23
Depreciation	4.27	3.99	3.83	4.11	4.10	20.30
Cost of capital	3.24	3.34	3.36	3.75	4.24	17.93
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)	7.51	7.61	7.12	7.41	8.08	37.73
Depreciation	4.27	4.22	3.74	4.51	4.56	21.31
Cost of capital	3.24	3.39	3.38	2.89	3.52	16.42
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	0.29	(0.07)	(0.45)	(0.26)	(0.50)
Depreciation	0.00	0.23	(0.08)	0.40	0.46	1.01
Cost of capital	0.00	0.05	0.01	(0.85)	(0.73)	(1.51)
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)	0.13	0.44	0.83	1.59	3.16	6.15
SKYCOM	0.00	0.05	0.38	0.78	1.69	2.90
Future TWR system	0.00	0.00	0.00	0.03	0.05	0.08
New ATM system OSL, NeTSO	0.07	0.09	0.15	0.49	1.13	1.93
Terminal area radar OSL	0.06	0.30	0.30	0.29	0.28	1.24

Actual costs	2020A	2021A	2022A	2023A	2024A	RP3
Total costs of new and existing investments (M€2017)	0.13	0.22	0.30	0.67	0.84	2.17
SKYCOM	0.00	0.05	0.04	0.32	0.48	0.90
Future TWR system	0.00	0.00	0.00	0.00	0.00	0.00
New ATM system OSL, NeTSO	0.07	0.08	0.11	0.03	0.15	0.45
Terminal area radar OSL	0.06	0.09	0.16	0.31	0.20	0.82

Difference (A-D)	2020	2021	2022	2023	2024	RP3
Total difference (M€2017)	0.00	(0.21)	(0.53)	(0.92)	(2.32)	(3.98)
SKYCOM	0.00	0.01	(0.34)	(0.46)	(1.21)	(2.00)
Future TWR system	0.00	0.00	0.00	(0.03)	(0.05)	(0.08)
New ATM system OSL, NeTSO	0.00	(0.00)	(0.04)	(0.46)	(0.98)	(1.48)
Terminal area radar OSL	0.00	(0.22)	(0.14)	0.02	(0.08)	(0.41)

Expected benefit and impact per new major investment Norway | Avinor Flysikring AS (Avinor ANS)

New major investments	Expected benefit per KPA	SAF	ENV	CAP	CEF
SKYCOM
Terminal area radar OSL
New ATM system OSL, NeTSO		X		X	X
Future TWR system

New major investments	Expected impact	Network	Local	Non-performance
SKYCOM		X	X
Terminal area radar OSL		X	X
New ATM system OSL, NeTSO
Future TWR system		X	X

New major investments	SES mandated	Partnership	ATM systems
			ATM system	CP/MP
SKYCOM				X
Terminal area radar OSL				X
New ATM system OSL, NeTSO	X		X
Future TWR system				X

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)	0.00	0.00	0.00	0.00	0.00	0.00
SDM Payment	0.00	0.00	1.07	0.00	0.00	1.07
Difference between total funding declared vs received	0.00	0.00	(1.07)	0.00	0.00	(1.07)