Investments - SES RP3

PRB monitoring

▪ The Union-wide planned total RP3 asset value for new investments is 5.2B€2017, of which 74% is planned for new major investments. There are 176 new major investments planned for RP3.

▪ Almost half (47%) of the Union-wide value of the new major investments in RP3 is in ATM systems.

▪ At Union-Wide level, ANSPs underspent 221M€2017 (-4.3%) in costs related to investments during RP3 (-137M€2017 in en route and -84M€2017 in terminal), according to the reporting tables.

▪ At Union-wide level, the ANSPs reported 333M€2017 funding from Union assistance programmes in RP3, while SESAR Deployment Manager data indicates payments for 300M€2017 during the reference period.

Value of the assets for New Investments included in the Performance Plan SES RP3 | all ANSPs

Determined and additional asset value by investment category

Total value of the asset for new investments (M€2017)	5,226.34	% of total
New major investments (above 5M€ each)	3,847.49	74%
Included in the performance plan	3,841.99	74%
Additional	5.51	0%
Other new investments (below 5M€ each)	1,378.85	26%

Determined asset value: en route and terminal

Total value of the asset for new major investments (M€2017)	3,847.49	% of total
En route	3,106.67	81%
Terminal	740.82	19%

Determined asset value by type of investment

Total value of the asset for new major investments (M€2017)	3,847.49	% of total
ATM systems	1,805.31	47%
CNS systems	677.12	18%
Infrastructure	1,034.92	27%
Other	311.85	8%
Unknown	18.29	0%

Costs related to investments included in the Performance Plan SES RP3 | all ANSPs

New and existing investments

Determined costs	2020D	2021D	2022D	2023D	2024D	RP3
Total costs of new and existing investments (M€2017)	984.88	993.00	1,064.02	1,153.56	1,234.99	5,430.46
New major investments	165.88	228.87	313.07	411.17	533.35	1,652.33
Other new investments	46.41	58.60	107.04	155.39	170.06	537.50
Existing investments	772.60	705.54	643.91	587.00	531.57	3,240.63

Actual costs	2020A	2021A	2022A	2023A	2024A	RP3
Total costs of new and existing investments (M€2017)	1,003.08	978.12	1,030.44	1,099.47	1,161.25	5,272.36
New major investments	174.29	220.41	290.32	393.82	482.42	1,561.26
Other new investments	48.71	63.47	92.39	136.11	171.37	512.06
Existing investments	780.09	694.24	647.73	569.54	507.46	3,199.04

Difference (A-D)	2020	2021	2022	2023	2024	RP3
Total difference (M€2017)	18.20	(14.89)	(33.58)	(54.09)	(73.74)	(158.10)
New major investments	8.41	(8.46)	(22.75)	(17.34)	(50.93)	(91.08)
% change of actual with respect to determined	+5%	-4%	-7%	-4%	-10%	-20%
Other new investments	2.30	4.88	(14.65)	(19.28)	1.31	(25.44)
% change of actual with respect to determined	+5%	+8%	-14%	-12%	+1%	-12%
Existing investments	7.49	(11.30)	3.81	(17.47)	(24.12)	(41.58)
% change of actual with respect to determined	+1%	-2%	+1%	-3%	-5%	-8%

Costs of investments by nature - En route

Determined costs	2020D	2021D	2022D	2023D	2024D	RP3
Total costs of new and existing investments (M€2017)	842.8	841.4	876.6	937.8	993.9	4,492.4
Depreciation	649.0	657.1	685.6	734.7	783.0	3,509.4
Cost of capital	185.9	180.0	183.5	195.3	203.2	948.0
Cost of leasing	7.8	4.3	7.5	7.7	7.7	35.0

Actual costs	2020A	2021A	2022A	2023A	2024A	RP3
Total costs of new and existing investments (M€2017)	843.7	813.0	853.9	903.3	942.0	4,355.9
Depreciation	649.3	634.4	642.2	684.3	718.2	3,328.3
Cost of capital	186.6	171.0	204.2	212.4	217.2	991.5
Cost of leasing	7.8	7.6	7.6	6.5	6.6	36.1

Difference (A-D)	2020	2021	2022	2023	2024	RP3
Total difference (M€2017)	0.96	(28.45)	(22.69)	(34.47)	(51.88)	(136.53)
Depreciation	0.26	(22.72)	(43.39)	(50.40)	(64.85)	(181.10)
Cost of capital	0.70	( 9.02)	20.65	17.11	14.08	43.52
Cost of leasing	(0.00)	3.29	0.06	( 1.19)	( 1.11)	1.05

Costs of investments by nature - Terminal

Determined costs	2020D	2021D	2022D	2023D	2024D	RP3
Total costs of new and existing investments (M€2017)	174.3	177.6	189.6	205.0	220.3	966.8
Depreciation	136.4	141.6	150.6	162.7	175.4	766.7
Cost of capital	36.2	34.3	36.8	40.1	42.5	189.9
Cost of leasing	1.6	1.7	2.2	2.3	2.4	10.2

Actual costs	2020A	2021A	2022A	2023A	2024A	RP3
Total costs of new and existing investments (M€2017)	174.7	166.6	176.5	180.7	184.6	883.1
Depreciation	136.5	134.3	134.2	138.7	142.0	685.7
Cost of capital	36.5	30.7	40.1	39.8	40.2	187.4
Cost of leasing	1.7	1.6	2.2	2.2	2.3	10.1

Difference (A-D)	2020	2021	2022	2023	2024	RP3
Total difference (M€2017)	0.48	(11.00)	(13.08)	(24.30)	(35.79)	(83.69)
Depreciation	0.04	( 7.34)	(16.39)	(23.96)	(33.41)	(81.07)
Cost of capital	0.30	( 3.58)	3.31	( 0.25)	( 2.29)	( 2.51)
Cost of leasing	0.14	( 0.08)	0.01	( 0.09)	( 0.08)	( 0.11)

Expected benefit and impact per new major investment SES RP3 | all ANSPs

Actual costs - expected benefits for KPA (M€2017)	2020	2021	2022	2023	2024	RP3
SAFETY benefits	127	161	211	294	371	1,165
ENVIRONMENT benefits	42	70	109	191	239	651
CAPACITY benefits	140	175	233	319	394	1,261
COST-EFFICENCY benefits	60	96	136	230	278	800

Actual costs - expected impact (M€2017)	2020	2021	2022	2023	2024	RP3
NETWORK benefits	46	73	98	163	216	596
LOCAL benefits	42	74	104	171	202	593
Non-performance benefits	26	45	59	95	122	346

Determined costs (M€2017)	2020D	2021D	2022D	2023D	2024D	RP3
SES Reg.	80	118	171	236	311	917
Partnership	20	30	40	57	74	221
ATM system	61	62	136	194	244	697
CP/MP investments	142	200	269	346	445	1,401

Actual costs (M€2017)	2020A	2021A	2022A	2023A	2024A	RP3
SES Reg.	80	109	147	217	285	838
Partnership	20	33	39	58	74	223
ATM system	90	90	117	193	240	730
CP/MP investments	142	185	233	320	401	1,282

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)	63.89	85.03	66.99	73.14	44.39	333.44
SDM Payment	6.47	101.29	73.99	50.54	67.30	299.59
Difference between total funding declared vs received	57.41	(16.26)	(7.01)	22.60	(22.91)	33.84