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ENAV Group Consolidated Financial Statements

in addition, an entire year’s revenue was generated at Rome Ciampino and Verona
Airports, which in 2014 was only included for six months of the year; ii) the charges
applied for the charge categories, being Euro 195.57 for category 1 remains stable
compared to the previous period (Euro 195.79 in 2014), Euro 214.72 for the second
category that is essentially unchanged (Euro 214.15 in 2014) and Euro 260.96 for
the third category, marking an increase compared to the previous year of € 246.05
and a portion covered by ENAV with the contribution resulting from the charge
stabilization. In fact, the supplementary charge stabilization contribution of € 20,304
thousand corresponds to what was attributed when determining the third category
terminal charge, an intervention for the purposes of supporting the market during
the current crisis.
Revenues associated with en-route and terminal exemptions for € 11,327 thousand
(€ 10,940 thousand at 31 December 2014) and € 3,079 thousand (€ 3,296 thousand
at 31 December 2014) respectively appear largely stable compared to the previous
period and refer to exempt flights, which are mainly military flights.
Third party market revenues stand at € 11,288 thousand and record an overall
decrease of € 1,617 thousand being the net effect between the different types of
services rendered in 2015. In particular, it is noted that the increase of revenues
for radio-measurement services for € 434 thousand is associated with the services
rendered in Saudi Arabia, Abu Dhabi, Uganda and Albania, and a decrease in
aeronautical consulting projects, compared to 2014, due to the completion of the
projects in Libya and Dubai, in addition to the decrease in revenues from the project
in Malaysia, where the main contract is nearing completion and the second contract
began at the end of the year.
The balance component, which is also part of the Parent Company’s operations
amounts to € 17,708 thousand and comprises the items shown in the table below:

Balance charge adjustment for the year 31.12.2015 31.12.2014 Changes
Discounting effect 24,713 41,321 (16,608)
Balance variations (389) (4,064)
Utilization of the balance 1,564 0 3,675
Total (8,180) 1,564
17,708 (53,273) 45,093
(16,016) 33,724

ENAV - Annual financial report 2015 129