Economic and financial aspects of common requirements regulation

(Annex 1 para 2.2)

The Business Plan should cover a minimum period of five years and set out:

• the overall aims and goals of the ANSP and its strategy towards achieving them in consistency with any overall longer term plan of the provider and with requirements relevant for the development of infrastructure or other technology;
  
  
• appropriate performance targets in terms of safety, capacity, environment and cost-efficiency, as may be applicable.

A Business Plan template is available to aid providers, especially those who may be producing such a document for the first time.

(Annex 1 para 2.2)

The Annual Plan should specify further the features of the Business Plan and describe any changes to it. The annual plan shall cover the following provisions on the level and quality of service such as the expected level of capacity, safety, environmental and cost-efficiency, as may be applicable:

• Information on the implementation of new infrastructure or other developments and a statement how they will contribute to improving the performance of the ANSP, including level and quality of services;
  
  
• Performance indicators consistent with the national performance against which the level and quality of service may be reasonably assessed;
  
  
• Information on the measures foreseen to mitigate the safety risks identified in the safety plan of the ANSP, including safety indicators to monitor safety risk and, where appropriate, the estimated cost of mitigation measures;
  and
• The ANSP's expected short-term financial position as well as any changes to or impacts on the business plan.

An Annual Plan template is available to aid providers, especially those who may be producing such a document for the first time.

Annex 1 para 6.2)

An ANSP shall demonstrate that it is undergoing an independent audit of its financial accounts on a regular basis.

(Annex 1 para 6.1)

The CAA has determined that an ANSP's ability to meet its financial obligations will best be demonstrated by the ANSP undergoing an independent financial audit and receiving a positive auditor's statement.

If an ANSP is deemed no longer to be a 'going concern' then the auditor will be compelled to make a statement to this effect as part of the overall auditor's statement on the accounts.

(Annex 1 para 9)

The Annual Report shall include as a minimum:

• an assessment of the level of performance of air navigation services generated;
  
  
• the performance of the ANSP compared to the performance targets established in the Business Plan, reconciling actual performance against the Annual Plan by using the indicators of performance established in the Annual Plan;
  
  
• an explanation for differences with the targets, and identify measures for closing any gaps during the reference period;
  
  
• developments in operations and infrastructure;
  
  
• the financial results, as long as they are not separately published;
  
  
• information about the formal consultation process with the users of its services;
  and
• information about the human resources policy.

An Annual Report template is available to aid providers, especially those who may be producing such a document for the first time.

Note: if you are part of a wider organisation, the CAA will accept consolidated plans and reports, so long as these identify separately the activities at each of the airports where the organisation operates. Consolidated group audited accounts will be acceptable, these do not have to identify the different areas where the organisation operates.

The CAA's policies on the implementation of the economic and financial aspects of the Common Requirements regulation are set out in the outcome of the consultation published in December 2005.