7. Infrastructure levy and franchise fees
(in millions of euros) | 2017 | 2016 |
Dutch trainconcessions | 381 | 383 |
English trainconcessions | 443 | 389 |
German trainconcessions | 106 | 89 |
Total | 930 | 861 |
Accounting policies
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.