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Directive 2012/34/EU of the European Parliament and of the CouncilShow full title
Directive 2012/34/EU of the European Parliament and of the Council of 21 November 2012 establishing a single European railway area (recast) (Text with EEA relevance)
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- Directives originating from the EU
- 2012 No. 34
- ANNEX III
- Division FINANCIAL FITNESS
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- Revised 01/01/20190.61 MB
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FINANCIAL FITNESS (referred to in Article 20)
The information to be provided by undertakings applying for a licence in accordance with Article 20 covers 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;
(f)
taxes and social security contributions.
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