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.