COMMISSION DECISION
of 19 December 2012
on state aid SA 26374 (C 49/08) (ex N 402/08) implemented by Poland for PZL Dębica S.A.
(notified under document C(2012) 9464)
(Only the Polish text is authentic)
(Text with EEA relevance)
(2013/294/EU)
I.
THE PROCEDURE
II.
THE BENEFICIARY AND ITS RESTRUCTURING PLANS
1.
The Beneficiary
2.
The first restructuring plan
|
2002 |
2003 |
2004 |
2005 |
2006 |
2007 |
2008 |
2009 |
2010 |
2011 |
2012(3) |
Net sales |
11,5 |
13,1 |
15 |
11,6 |
15,9 |
14 |
15 |
15,2 |
14 |
15,9 |
21,5 |
EBIT |
–0,7 |
0,3 |
–0,2 |
–2 |
1,6 |
2 |
1,3 |
1,9 |
1,1 |
1,5 |
3,5 |
Net profit |
–2,1 |
–0,9 |
–1,2 |
–3 |
0,5 |
1 |
0,01 |
0,5 |
0,01 |
0,2 |
2,7 |
EUR 1 = approx. PLN 4 |
3.
The second restructuring plan
III.
THE OPENING DECISION
IV.
COMMENTS OF THE MEMBER STATE
1.
The length of restructuring
2.
One-time-last-time principle
3.
Aid promised before accession
4.
De minimis
Awarding authority |
Type of measure and decision date |
|
Duration |
|
Mayor of Dębica |
Deferral decision of 7.4.2006 |
PLN 264 186 |
84 days |
PLN 35,00 |
Mayor of Dębica |
Deferral decision of 7.4.2006 |
14 days |
PLN 52,84 |
|
Head of Dębica Tax Office |
Deferral decision of 8.9.2006 |
PLN 614 520 |
7 days |
PLN 6,06 |
Mayor of Dębica |
Write-off decision of 5.10.2006 |
PLN 20 772 |
— |
PLN 20 772 |
Mayor of Dębica |
Deferral decision of 5.10.2006 |
PLN 83 704 |
72 days |
PLN 7,75 |
TOTAL: |
20 873,65 |
5.
Deferral of debt to the Social Security Office
Interest rate |
Period of application |
Interest rate |
Period of application |
Interest rate |
Period of application |
Interest rate |
Period of application |
41 % |
from 18.11.1999 to 23.02.2000 |
20 % |
from 26.09.2002 to 23.10.2002 |
13 % |
from 30.06.2005 to 27.07.2005 |
13 % |
from 24.12.2008 to 28.01.2009 |
43 % |
from 24.02.2000 to 30.08.2000 |
18 % |
from 24.10.2002 to 27.11.2002 |
12,5 % |
from 28.07.2005 to 31.08.2005 |
11,5 % |
from 28.01.2009 to 26.02.2009 |
46 % |
from 31.08.2000 to 28.02.2001 |
17,5 % |
from 28.11.2002 to 29.01.2003 |
12 % |
from 01.09.2005 to 31.01.2006 |
11 % |
from 26.02.2009 to 26.03.2009 |
44 % |
from 01.03.2001 to 28.03.2001 |
17 % |
from 30.01.2003 to 26.02.2003 |
11,5 % |
from 01.02.2006 to 28.02.2006 |
10,5 % |
from 26.03.2009 to 25.06.2009 |
42 % |
from 29.03.2001 to 27.06.2001 |
16 % |
from 27.02.2003 to 26.03.2003 |
11 % |
from 01.03.2006 to 25.04.2007 |
10 % |
from 25.06.2009 to 09.11.2010 |
39 % |
from 28.06.2001 to 22.08.2001 |
15,5 % |
from 27.03.2003 to 24.04.2003 |
11,5 % |
from 27.04.2007 to 26.06.2007 |
12 % |
from 09.11.2010 to 20.01.2011 |
37 % |
from 23.08.2001 to 25.10.2001 |
14,5 % |
from 25.04.2003 to 28.05.2003 |
12 % |
from 28.06.2007 to 29.08.2007 |
12,5 % |
from 20.01.2011 to 06.04.2011 |
34 % |
from 26.10.2001 to 28.11.2001 |
14 % |
from 29.05.2003 to 25.06.2003 |
12,5 % |
from 30.08.2007 to 28.11.2007 |
13 % |
from 06.04.2011 to 12.05.2011 |
31 % |
from 29.11.2001 to 30.01.2002 |
13,5 % |
from 26.06.2003 to 30.06.2004 |
13 % |
from 29.01.2007 to 31.01.2008 |
13,5 % |
from 12.05.2011 to 09.06.2011 |
27 % |
from 31.01.2002 to 25.04.2002 |
14,5 % |
from 01.07.2004 to 28.07.2004 |
13,5 % |
from 31.01.2008 to 28.02.2008 |
14 % |
from 09.06.2011 to 10.05.2012 |
25 % |
from 26.04.2002 to 29.05.2002 |
15 % |
from 29.07.2004 to 25.08.2004 |
14 % |
from 28.02.2008 to 27.03.2008 |
14,5 % |
from 10.05.2012 |
24 % |
from 30.05.2002 to 26.06.2002 |
16 % |
from 26.08.2004 to 30.03.2005 |
14,5 % |
from 27.03.2008 to 26.06.2008 |
|
|
23 % |
from 27.06.2002 to 28.08.2002 |
15 % |
from 31.03.2005 to 27.04.2005 |
15 % |
from 26.06.2008 to 27.11.2008 |
|
|
21 % |
from 29.08.2002 to 25.09.2002 |
14 % |
from 28.04.2005 to 29.06.2005 |
14,5 % |
from 27.11.2008 to 24.12.2008 |
|
|
Social Security Office |
||||
Year in which the debt was incurred |
Amount of debt |
Interest accrued on the amount until deferral |
Paid debt (sale of assets, seizure, other) |
Current payments |
2000 |
858 316,96 |
1 620 527 |
|
716 640,45 |
2001 |
316 419 |
459 493 |
|
1 488 486,33 |
2002 |
865 163 |
1 047 139 |
|
660 324,32 |
2003 |
895 884 |
934 062 |
85 778,2 |
605 518,54 |
2004 |
901 451 |
811 765 |
1 693 035,91 |
746 285,3 |
2005 |
864 702,91 |
649 609 |
359 747,06 |
434 477,93 |
2006 |
|
|
|
1 296 650,17 |
2007 |
52 576,90 |
28 202 |
2 143 961,82 |
1 537 920,23 |
2008 |
733,03 |
262 |
860 347,5 |
2 173 711,58 |
2009 |
605,51 |
159 |
61 677,5 |
1 709 954,28 |
2010 |
585,2 |
104 |
1 943 231,85 |
1 933 300,65 |
2011 |
|
|
1 281 171,85 |
1 998 651,89 |
2012 |
|
|
996 249,84 |
1 229 480,82 |
Total on 15.8.2012 |
4 756 437,51 |
5 551 322 |
9 425 201,53 |
16 531 402,49 |
Plot No |
Asset type |
Date of sale |
Sale price (PLN) |
430/51 430/52 430/14 |
galvanising line |
17.02.2004 |
[…](14) |
430/144 |
undeveloped plot |
19.10.2006 |
[…] |
430/104 |
undeveloped plot |
31.01.2007 |
[…] |
430/141 |
compressor building |
5.07.2007 |
[…] |
430/44 |
developed plot |
15.11.2007 |
[…] |
430/10 |
industrial building |
12.12.2007 |
[…] |
430/113 |
developed plot |
||
430/114 |
developed plot |
||
430/115 |
developed plot |
||
430/156 |
road |
||
430/49 430/140 430/155 430/157 430/159 |
developed and undeveloped plots, road |
16.01.2008 |
[…] |
430/162 |
warehouse |
09.07.2008 |
[…] |
430/164 430/166 |
undeveloped plots |
16.12.2008 |
[…] |
Total: |
7 171 500 |
|
Option 1 - deferral |
Option 2 - liquidation |
Proportion of debt settled |
[7-13 million] |
[4-8 million] |
(principal + interest) |
100 % |
between 60 % and 70 % |
Additional amounts |
[1-1,7 million] deferral fee |
No interest from the time of liquidation |
Current payments until the debt has been recovered in full |
15,2 million |
2,9 million |
Total amount received |
[23,2 – 29,9 million] |
[6,9 – 10,9 million] |
Due date |
by 2020 Earlier recovery possible if additional mortgaged assets sold at the market price before 2020 |
after 2016 |
6.
Debt to the Office of the Marshall
V.
ASSESSMENT
1.
The withdrawn measures
2.
The pre-accession measures
3.
The debts settled by PZL Dębica
4.
Measures awarded after Poland’s accession to the EU
4.1.
De minimis
Awarding authority |
Type of measure and decision date |
Nominal amount |
Duration |
Amount of aid |
Mayor of Dębica |
Deferral decision dated 7.4.2006 |
PLN 264 186 EUR 66 604 |
84 days |
PLN 264 186 EUR 66 604 |
Mayor of Dębica |
Deferral decision dated 28.7.2006 |
14 days |
||
Head of Dębica Tax Office |
Deferral decision dated 8.9.2006 |
PLN 614 520 EUR 154 236 |
7 days |
PLN 1 126 EUR 282 |
Mayor of Dębica |
Write-off decision dated 5.10.2006 |
PLN 20 772 EUR 5 279 |
— |
PLN 20 772 EUR 5 279 |
Mayor of Dębica |
Deferral decision dated 5.10.2006 |
PLN 83 704 EUR 21 272 |
72 days |
PLN 83 704 EUR 21 272 |
TOTAL |
PLN 369 788 EUR 93 437 |