7. Infrastructure levy and franchise fees
(in millions of euros)
Adjustment mechanisms for the main rail network franchise
The implementation agreement with the Ministry of Infrastructure and Water Management contains a number of adjustment mechanisms for determining the franchise price. The adjustment related to the average profitability during the term of the franchise is recognised as a receivable when the entitlement arises according to the calculation method used (as defined in the implementation agreement). The adjustment is recognised on a straight-line basis over the franchise period. Other (one-off) payments relating to the agreements are accounted for on a straight-line basis over the franchise period.