Translation of "base d'amortissement " (French → English) :

The amortisation table shall indicate the payments owing and the periods and conditions relating to the payment of such amounts; the table shall contain a breakdown of each repayment showing capital amortisation, the interest calculated on the basis of the borrowing rate and, where applicable, any additional costs; where the interest rate is not fixed or the additional costs may be changed under the credit agreement, the amortisation table shall indicate, clearly and con ...[+++]cisely, that the data contained in the table will remain valid only until such time as the borrowing rate or the additional costs are changed in accordance with the credit agreement;

However, if leasing or renting are not possible because of the short duration of the project or the rapid depreciation in value, purchase is accepted and the costs related to depreciation, as described below, may be eligible on the basis of national depreciation rules.

in the case of co-financing on the basis of depreciation, only the portion of the depreciation of these assets corresponding to the duration of use for the project and the rate of actual use for the project is eligible.

However, if leasing or renting are not possible because of the short duration of the project or the rapid depreciation in value, purchase is accepted and the costs related to depreciation, as described below, may be eligible on the basis of national depreciation rules.

- State aid no N 641/93 - Aid to shipbuilding - Tax rules for investment in ships - Germany The first tax measure is a special depreciation scheme, allowing shipping companies to accelerate the book depreciation of a new vessel over the first five years of its life on the basis of paragraph 82 Einkommensteuer Durchführungsverordnung (EStDV).

The main features are, in appropriate circumstances: (a) where there is a sound financial case, the provision of longer maturities and longer capital grace periods so as better to match the debt repayment required to the cash-flow characteristics of the projects; (b) provision of refinancing facilities to the banks at the outset of a project so that they can be assured that their loans can be refinanced in accordance with their normal maturities; (c) involvement of the EIB in the earliest possible stages of the financial and contractual structuring of a project in cooperation with the Member States and the Commission so that the Bank's ...[+++] involvement and that of the EIF can facilitate the identification of suitable financial arrangements; (d) an extension of the Bank's normal eligibility rules to provide for the more systematic inclusion of transport, energy and telecommunications network infrastructure irrespective of whether it is located inside or outside the Assisted Areas.