| 6. |
If any of the subsidies identified in question 1 takes the form of a loan or a loan guarantee, please include the following specific information in the answers to questions 3 and 4 in this section of the questionnaire. |
| (i) |
Short-term loans |
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If short-term loans (less than one year) were provided by a public body or a private institution directed or entrusted by a public body in EC Member States, and principal or interest was repaid, accrued and/or waived during the years referred to above, please provide the following: |
|
| (a) |
The types of institutions (e.g., banks, leasing firms, brokers, insurance companies) that provide short-term commercial loans in the EC Member States concerned. In addition, please explain the role of the government in controlling/directing those institutions and their lending policies. For each type of institution, specify whether loans are provided in domestic currency, foreign exchange, or both. |
| (b) |
The predominant national average short-term interest rate in the EC Member States concerned (including copies of the source materials) for the period concerned. If a predominant national average interest rate does not exist, please provide the interest rate in the EC Member State concerned for each type of short-term financing and the weight each type represents as a percentage of the total of outstanding short-term loans. |
| (c) |
Specify other charges or practices used in normal commercial transactions. |
| (d) |
The date and amount of any forgiveness or assumption of any principal or interest payments during the years referred to above. |
|
| (ii) |
Long-term loans |
| |
If long-term loans (longer than one year) were provided by a public body or a private institution directed or entrusted by a public body, which had principal or interest outstanding during the years referred to above, please provide the following information: |
|
| (a) |
The types of institutions (e.g., banks, leasing firms, brokers, insurance companies) that provide long-term credit in the EC Member States concerned. In addition, please explain the role of the government in controlling/directing those institutions and their lending policies. For each type of institution, specify whether loans are provided in domestic currency, foreign exchange or both |
| (b) |
The following information for each year in which a long-term loan was approved which had principal or interest outstanding: |
| |
- If the loan has a fixed interest rate, please provide the long-term fixed interest rate(s) available from private commercial lenders to most companies in the country in question at the time the loan was approved. If such a figure(s) is (are) not available, please provide the long-term variable interest rate(s) available from private commercial lenders to most companies in the EC Member State in question during the same period. If this figure is not available, please provide all types of short-term financing available in the EC Member State at the time the loan was approved, the percentage each type represented of the total amount of short-term financing, and the corresponding monthly average interest rates for each type in the period concerned. |
| |
- If the loan has a variable interest rate, please provide the long-term variable interest rate(s) available from private commercial lenders to most companies in the EC Member State in question at the time the loan was approved. If a long-term variable interest rate from commercial lenders is not available, please provide the long-term fixed interest rate(s) available from commercial lenders to most companies in the EC Member State concerned at the time the loan was approved. If this figure is not available, please provide all types of short-term financing available in the EC Member State concerned at the time the loan was approved, the percentage each type represented of the total amount of short-term financing, and the corresponding monthly average interest rates for each type in the period concerned. |
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- In all cases, state whether the applicable rate is for loans provided by publicly owned or controlled institutions or by privately held institutions, and whether such rate is subject to any government-mandated ceiling or cap. |
| (c) |
Specify other charges or practices used in normal commercial transactions. |
| (d) |
Provide the date and amount of any forgiveness or assumption of any principal or interest payment. |
|
| (iii) |
Loan guarantees |
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For any loans with principal or interest outstanding that were guaranteed or insured by a public body or a private institution directed or entrusted by a public body in EC Member States, please provide, as relevant, the information requested in sections (i) and (ii) above. |
|
| (iv) |
Export credit facilities |
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To the extent that export credit guarantees or export loans are granted which the EC and its Member States consider to be compatible with the requirements of the OECD Arrangement on Guidelines for Officially Supported Export Credits and, in particular, of Annex I thereto, i.e. the Sector Understanding on Export Credits for Ships, explain the grounds for such compatibility and supply relevant supporting factual evidence. |
|
(Tax Benefits)
| 7. |
If any of the subsidies identified in question 1 takes the form of a tax benefit, please include the following specific information in the answers to question 3 and 4 in this section of the questionnaire. |
| (i) |
The type of the tax benefits: i.e. deduction from taxable income, credit toward taxes payable, exemption from taxes owed, deferral of taxes owed, or other type of tax benefit. |
| (ii) |
The specific methods of the companies using these tax subsidies to calculate the tax benefits they claim and a sample calculation using a blank tax form |
| (iii) |
If a company is in a tax loss situation, the effects of the tax benefit programme on the company. |
| (iv) |
If tax losses are generated through the use of this tax benefit programme, whether the company carry forward these losses? What are the normal tax provisions for loss carried forward? Please provide the relevant provisions of the tax laws and regulations. |
| (v) |
If the programme involves deferral of taxes owed, please provide the predominant national average short-term interest rate in the EC Member State concerned. |
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(Other Relevant Matters)
| 8. |
Please provide the following information for the period from 1998 until to date (per calendar year except for the current year) based on the vessels delivered. |
| - |
The total turnover of the EC shipyards per EC Member State and the breakdown of these total turnover figures into the turnover figures for each type of vessel. |
| - |
Actual production, in CGT, of the EC shipyards per EC Member State both on a total basis and for each shipyard and type of vessel. |
| - |
The Commission's plans for the following three years in terms of limitations of production capacity or the release of the limitations currently imposed for each EC Member State and shipyard. |
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(Statistical Data for Specified Subsidies)
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