ATM/ANS.OR.D.015 Financial strength -- economic and financial capacity

• Regulation (EU) 2017/373 found in: ATM/ANS Provision of Services (2017/373) (Feb 2023)

ATM/ANS.OR.D.015 Financial strength — economic and financial capacity Regulation (EU) 2017/373 Air navigation services and air traffic flow management providers shall be able to meet their financial obligations, such as fixed and variable costs of operation or capital investment costs. They shall use an appropriate cost-accounting system. They shall demonstrate their ability through the annual plan as referred to in point [ATM/ANS.OR.D.005(b)](#_DxCrossRefBm1726555147), as well as through balance sheets and accounts, as applicable under their legal statute, and regularly undergo an independent financial audit. ATM/ANS.OR.D.015 Financial strength — economic and financial capacity Regulation (EU) 2017/373 Air navigation services and air traffic flow management providers shall be able to meet their financial obligations, such as fixed and variable costs of operation or capital investment costs. They shall use an appropriate cost-accounting system. They shall demonstrate their ability through the annual plan as referred to in point [ATM/ANS.OR.D.005(b)](#_DxCrossRefBm647742322), as well as through balance sheets and accounts, as applicable under their legal statute, and regularly undergo an independent financial audit.