Annexes to COM(1993)678-1 - Lecensing of railway undertakings - Main contents
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This page contains a limited version of this dossier in the EU Monitor.
| dossier | COM(1993)678-1 - Lecensing of railway undertakings. |
|---|---|
| document | COM(1993)678  |
| date | June 19, 1995 |
I. Particulars referred to in Article 7 (2)
1. Financial fitness will be verified by means of an undertaking's annual accounts or, in the case of applicant undertakings unable to present annual accounts, a balance sheet. Detailed particulars must be provided, in particular on the following aspects:
(a) available funds, including the bank balance, pledged overdraft provisions and loans;
(b) funds and assets available as security;
(c) working capital;
(d) relevant costs, including purchase costs of payments to account for vehicles, land, buildings, installations and rolling stock;
(e) charges on an undertaking's assets.
2. In particular, an applicant is not financially fit if considerable arrears of taxes or social security are owed as a result of the undertaking's activity.
3. The authority may in particular require the submission of an audit report and suitable documents from a bank, public savings bank, accountant or auditor. These documents must include information concerning the matters referred to in paragraph 1.
II. Particulars referred to in Article 8 (2)
1. Particulars of the nature and maintenance of rolling stock, in particular as regards safety standards.
2. Particulars of the qualifications of personnel responsible for safety and details of personnel training.