EIB Group Projects financed in 2003 and statistics
EIB Group: key data European Investment Bank Activity in 2003
(EUR million)
Loans signed
42 332
European Union Acceding and Accession Countries Partner Countries
34 187 4 589 3 556
Loans approved
46 614
European Union Acceding and Accession Countries Partner Countries
37 273 5 731 3 610
Loans disbursed
35 672
From the Bank's resources From budgetary resources
35 414 258
Resources raised (after swaps)
41 911
Community currencies Non-Community currencies
30 983 10 928
Situation as at 31.12.2003 Outstandings Loans from the Bank's resources Guarantees provided Financing from budgetary resources Short, medium and long-term borrowings
247 600 392 2 497 194 505
Own funds Balance sheet total Net profit for year Subscribed capital of which paid in
25 234 1 150
984 078 424 000
7 500
European Investment Fund Activity in 2003 Venture capital (14 funds) Guarantees (31 operations)
(EUR million)
135 2 251
Situation as at 31.12.2003 Venture capital (189 funds) Guarantees (126 operations)
2 480 6 351
Subscribed capital
2 000
of which paid in Net profit for year Reserves and provisions
400 20 178
Projects financed and statistics 2003
1
European Investment Bank European Union Loans concluded for capital investment within the European Union in 2003 totalled 34 187 million (see detailed breakdown in table below). The corresponding operations were financed from own resources – made up chiefly of the proceeds of the EIB’s capital market borrowings as well as its own funds (paidin capital and reserves). These operations give rise to financial commitments for the Bank and are accounted for in its balance sheet. The EIB cooperates closely with a large number of financial institutions and commercial banks, with which it concludes global loans for financing small and medium-scale projects in the industrial, service, health, education and infrastructure sectors. It also grants individual loans through the intermediary of banks and financial institutions
Geographical breakdown of loans concluded (EUR million) 2003 Amount
%
540 898 443 190 282 061 602 913 184 522 900 645 780 890 239 99
1.6 2.6 18.8 3.5 18.4 11.9 1.8 17.3 0.5 1.5 2.6 4.8 2.3 2.6 9.5 0.3
34 187
100.0
Belgium (BE) Denmark (DK) Germany (DE) Greece (GR) Spain (ES) France (FR) Ireland (IE) Italy (IT) Luxembourg (LU) Netherlands (NL) Austria (AT) Portugal (PT) Finland (FI) Sweden (SE) United Kingdom (GB) Art.18 (1) European Union
5
1 3
Amount 2 4 30 7 24 19 2 26
%
112 979 449 061 471 472 000 976 572 391 031 662 257 708 424 991
1.3 3.2 19.4 4.5 15.6 12.4 1.3 17.2 0.4 1.5 2.6 5.5 2.1 2.4 9.9 0.6
156 556
100.0
2 4 8 3 3 15
In the following lists, the Community policy objectives with which individual loans comply are highlighted by symbols in the right-hand column. These symbols are as follows: regional development human capital European communications infrastructure environment and quality of life energy Innovation 2010 Initiative Unless otherwise indicated, global loans cover a number of sectors and objectives. Amounts relating to projects appearing in these lists are expressed in millions of euro. As round figures are used, it is possible that the totals do not correspond to the sum of the individual amounts.
Projects with a European dimension outside the territory of the Member States
Wind farm at Horns Rev, Jutland (DK)
s
(1)
6 1 6 4
1999-2003
Projects financed and statistics 2003
3
2003 2002 2001 2000 1999
Belgium
540 479 365 503 226
Finance contracts signed: 540 million of which
Individual loans: Global loans:
515 million 25 million
Individual loans were provided for infrastructure (275 million), especially urban renewal projects, and the transport (123 million), energy (70 million) and research and development (47 million) sectors
Individual loans Construction of combined cycle gas co-generation unit in Antwerp Dedicated joint venture
70.0
Construction of canal-side warehousing facilities and rehabilitation/expansion of multi-modal logistic centre Port de Bruxelles
22.5
Upgrading of Brussels' public transport network Société des Transports Intercommunaux de Bruxelles
Nanotechnology research
100.0
Construction of wastewater collection and treatment facilities in Flemish region Aquafin NV
75.0
Construction of Court of Justice building in Liège as part of renovation of historic city centre Régie des Bâtiments
50.0
Upgrading of social housing and urban regeneration in Flemish region Vlaamse Huisvestingsmaatschappij
100.0
Construction of Court of Justice building in Mons as part of renovation of historic city centre Régie des Bâtiments
50.0
Construction and operation of new R&D centre in field of nano-technology in Leuven Interuniversity Microelectronics Center
47.1
Global loans Financing for small and medium-scale ventures promoted by SMEs Crédit Professionnel SA
2003 2002 2001 2000 1999
Denmark
898 1 027 1 171 984 898
25.0
Finance contracts signed: 898 million of which
Individual loans: Global loans:
750 million 148 million
Individual loans targeted the transport (207 million), telecommunications (190 million), energy (135 million - including a wind farm project), waste management (124 million) and service (94 million) sectors.
Individual loans
Wind farm at Horns Rev, Jutland
Construction of offshore wind farm at Horns Rev, off west coast of Jutland Elsam A/S
134.7
Acquisition of rolling stock and locomotives for Copenhagen’s suburban lines and line across Øresund Danske Statsbaner S-tog DSB S-tog
206.9
Investment in high-speed mobile telecommunications networks and associated backbone infrastructure throughout country TDC A/S
190.0
Construction and operation of municipal waste incineration plant in Esbjerg, on west coast of Denmark (Jutland) Leverandoerforeningen af 1990 Amba
42.8
Upgrading and expansion of combined heat and power municipal waste incineration plant in Glostrup, west of Copenhagen Vestforbraending I/S
80.8
Construction and upgrading of radio and TV production facilities in Ørestad (Copenhagen) Danmarks Radio
94.3
Global loans Financing for small and medium-scale ventures Kommunekredit Ringkjøbing Landbobank A/S regional development
4
EIB Group
human capital
European communications infrastructure
134.5 14.0
Germany
2003 2002 2001 2000 1999
Finance contracts signed: 6 443 million
of which
Individual loans: Global loans:
3 694 million 2 748 million
Individual loans were channelled into industry and services (1 267 million – including a number of R&D projects), communications (1 237 million), health and education (463 million), urban infrastructure and the sanitation (428 million) and energy (300 million) sectors.
Individual loans Investments in fields of power generation and transmission/distribution with related R&D component E.on Energie AG
300.0
Construction of container terminal at Hamburg-Altenwerder Hamburger Hafen- und Lagerhaus AG HHLA Container Terminal Altenwerder GmbH Expansion of facilities at Munich airport (Bavaria) Mobilien-Verwaltungsgesellschaft Terminal 2 MbH
40.0 25.0
180.0
Construction of high-speed railway line between Cologne and Frankfurt, with new stations in Siegburg, Montabaur, Limburg and at Frankfurt International Airport Deutsche Bahn AG
Modernisation of metro, Berlin 400.0
Construction of motorway section through Bremen-Neustadt Freie Hansestadt Bremen
10.0
Expansion of yard at Bremerhaven container terminal in Weser estuary, north-west Germany Freie Hansestadt Bremen
10.0
Improvements to Saarland's road network
40.0
Saarland
Expansion of terminal facilities and associated infrastructure at Hamburg airport (Schleswig-Holstein) Flughafen Hamburg GmbH
110.0
Upgrading and extension of road network in Saxony-Anhalt Land Sachsen-Anhalt
100.0
Replacement of 20 subway trains and 30 trams for Berlin public transport company Berliner Verkehrsbetriebe (BVG)
110.0
Upgrading and extension of secondary road network in assisted area of Land of Rheinland-Pfalz Landesbetrieb Straßen und Verkehr Rheinland-Pfalz
100.0
Creation of new e-commerce platform accelerating move of tourism industry towards information society TUI AG
77.0
Expansion and modernisation of optical fibre telecommunications network in Berlin region Berlikomm Telekommunikationsgesellschaft mbH 50.0 Construction of drinking water reservoir in Thuringian Schiefergebirge, south of Erfurt (Thuringia) Thüringer Talsperrenverwaltung
40.9
Construction and upgrading of sewage treatment plants in Ruhr river basin (North Rhine-Westphalia) Ruhrverband
37.2
Upgrading of flood protection infrastructure on North Sea coast (Lower Saxony) Niedersächsischer Landesbetrieb für Wasserwirtschaft und Küstenschutz
75.0
Regeneration of former customs and port area in Hamburg, north of river Elbe Freie und Hansestadt Hamburg
10.0
Road and urban infrastructure improvements in Land of Brandenburg Land Brandenburg
44.7
Creation of industrial park north of Leipzig (Saxony) City of Leipzig
10.0
Urban renewal in Saxony's social housing sector Sächsische Aufbaubank-Förderbank
100.0
Restoration, reconstruction or modernisation of schools and urban renewal in Bremen Freie Hansestadt Bremen
40.0
Preservation of cultural heritage and improvement of public tourism infrastructure in Mecklenburg-Vorpommern Land Mecklenburg-Vorpommern
100.0
environment and quality of life
energy
Innovation 2010 Initiative
Projects financed and statistics 2003
5
6 6 6 5 5
443 504 017 973 512
Fibre optic network
Construction and operation of mill for production of Northern Bleached Softwood Kraft (NBSK) pulp in Arneburg, near Stendal (Saxony-Anhalt) Zellstoff Stendal GmbH
250.0
Construction of research facilities and production plant for new generation of optical systems employed in sub-micron lithography in Oberkochen (Baden-Württemberg) Carl-Zeiss-Stiftung
35.0
Construction of research, development and production site for semiconductors in Dresden (Saxony) Infineon Technologies Semiconductor 300 GmbH & Co KG
48.0
Construction of particleboard and oriented strand board mill in Nettgau (Saxony-Anhalt) Glunz AG
69.0
Upgrading and extension of "Ville des Sciences" research centre located in Frankfurt-Höchst industrial park Aventis Pharma Deutschland GmbH
27.7
Modernisation and expansion of silicone production site in Nünchritz (Saxony) Wacker-Chemie GmbH
164.8
Construction of car manufacturing plant in Leipzig (Saxony) Bayerische Motoren Werke AG
200.0
Framework programme to finance new automotive research facilities in Germany and Sweden and expansion and upgrading existing production facilities for automobile components in Czech Republic and Hungary Automotive sector
50.0
Construction of ultra-thin float glass production line in Jena (Thuringia) Schott Displayglas Jena GmbH
36.3
Extension of production capacity for silicon wafers as base material for photovoltaic cells Deutsche Solar AG
26.0
Construction and fitting-out of motor vehicle manufacturing plant in Leipzig (Saxony) BMW Österreich Finanzierungs GmbH
100.0
Construction of plant for production of synthesis gas in Oberhausen Celanese AG
48.0
Construction of automotive engine component manufacturing plant in Stollberg (Saxony) and development of R&D in Regensburg (Bavaria) Volkswagen Mechatronic GmbH & Co KG
40.0
Extension of distribution facility for mail order business in Haldensleben (Saxony-Anhalt) Otto Versand GmbH & Co.
77.0
Construction of sales outlets in Berlin and Erfurt (Thuringia) and upgrading of furniture production facility in Gardelegen (Saxony-Anhalt) Ikea Group
80.0
Modernisation of 40 hospitals in Land of Brandenburg Land Brandenburg
100.0
Construction of university facilities in Heidelberg (Baden-Württemberg) and Göttingen (Lower Saxony) Land Niedersachsen
19.5
Modernisation of large general hospital in Hamburg (Barmbek) Allgemeines Krankenhaus Barmbek
40.0
R&D with view to medical use of heavy ion radiation at Heidelberg hospital (Baden-Württemberg) Universitätsklinikum Heidelberg
18.0
Construction and rehabilitation of various higher education facilities in Wismar, Rostock, Stralsund, Greifswald and Neubrandenburg (Mecklenburg-Vorpommern) Land Mecklenburg-Vorpommern
55.0
Rehabilitation and modernisation of higher education establishments located in assisted areas in North Rhine-Westphalia Bau- und Liegenschaftsbetrieb des Landes Nordrhein-Westfalen
200.0
Global loans Financing for small and medium-scale ventures
regional development
6
EIB Group
human capital
Landesbank Sachsen Girozentrale Investitionsbank des Landes Brandenburg Deutsche Bank AG Dekabank Deutsche Girozentrale Landesbank Baden-Württemberg IKB Deutsche Industriebank AG Deutsche Kreditbank AG Bayerische Landesbank Bremer Landesbank Kreditanstalt Oldenburg – Girozentrale Hamburgische Landesbank-Girozentrale Norddeutsche Landesbank Girozentrale Landesbank Saar
European communications infrastructure
46.3 40.0 50.0 25.0 70.1 74.1 100.0 100.0 190.0 18.4 191.6 30.0
Financing for small and medium-scale ventures mainly in assisted areas Commerzbank AG Investitionsbank des Landes Brandenburg Landwirtschaftliche Rentenbank
250.0 80.0 150.0
Financing for small and medium-scale ventures in printing, publishing and audiovisual sectors Bayerische Hypo- und Vereinsbank AG – Hypovereinsbank
15.0
Financing for small and medium-scale public-sector ventures in regional development areas Commerzbank AG
250.0
Financing for small and medium-scale ventures in the field of environmental protection Kreditanstalt für Wiederaufbau (Kfw) Financing for small and medium-scale ventures
Financing for rural infrastructure
WestLB AG Landesbank Hessen-Thüringen Girozentrale Bremer Landesbank Kreditanstalt Oldenburg – Girozentrale Landesbank Schleswig-Holstein Girozentrale Norddeutsche Landesbank Girozentrale Bayerische Hypo- und Vereinsbank AG – Hypovereinsbank Landesbank Rheinland-Pfalz – Girozentrale
25.0 50.0 25.0 170.0 75.3 99.9
Landwirtschaftliche Rentenbank
Financing for projects in renewable energy sector, primarily wind farms Bremer Landesbank Kreditanstalt Oldenburg-Girozentrale
Greece
159.6 200.0 193.2
70.0
2003 2002 2001 2000 1999
Finance contracts signed: 1 190 million of which
Individual loans: Global loans:
1 090 million 100 million
1 1 1 1 1
190 072 651 712 436
Individual loans focused on transport and telecommunications (715 million), energy (225 million) and the expansion of a concert hall in Athens (150 million).
Individual loans Upgrading of electricity transmission and distribution networks Public Power Corporation
150.0
Study, design, implementation and commissioning of seven wind farms located throughout Greece TERNA Energeiaki S.A. Construction of bridge at western end of Gulf of Corinth linking north-west region of Pelopon nese to south-west mainland Gefyra SA
75.0 130.0
Construction of motorway sections on Egnatia trunk road between Grevena and Kouloura Hellenic Republic
50.0
Construction of motorway section between Megara and Kineta (Attiki) on the Patras–Athens– Hellenic Republic Thessaloniki–Evzoni (PATHE) trunk road
45.0
Construction of motorway section between Igoumenitsa and Panagia on western part of Egnatia trunk road Hellenic Republic Construction of two new tram lines in Athens and purchase of rolling stock Tram SA
Motorway building, Egnatia trunk road
150.0 40.0
Extension of Athens metro network
Attiko Metro
300.0
Expansion of Athens Concert Hall
Organismos Megarou Mousikis Athinon
150.0
Global loans Financing for small and medium-scale ventures or infrastructure schemes Alpha Bank AE
50.0
Financing for small and medium-scale infrastructure schemes Emporiki Bank of Greece SA
50.0
environment and quality of life
energy
Innovation 2010 Initiative
Projects financed and statistics 2003
7
2003 2002 2001 2000 1999
6 5 4 4 4
Spain
282 426 559 183 020
Finance contracts signed: 6 282 million of which
Individual loans: Global loans:
4 590 million 1 692 million
Individual loans supported the communications (3 223 million), water management and urban infrastructure (595 million), education (312 million), energy (300 million) and industrial (160 million) sectors.
Individual loans Construction and operation of LNG (Liquefied Natural Gas) terminal in Bilbao Bahia de Bizkaia Gas Sl
200.0
Upgrading and extension of power transmission network Red Eléctrica de España SA
100.0
Construction of new high-speed rail line linking Madrid to Barcelona and French border (Figueres) Gestor de Infraestructuras Ferroviarias
400.0
Expansion of port of Barcelona
Autoridad Portuaria de Barcelona
Construction and upgrading of rural infrastructure in Andalucia: rural roads, dams and irrigation channels Comunidad Autónoma de Andalucía Construction of urban motorway in Madrid region Autopista Trados-45, S.A.
Construction of Madrid-Barcelona high-speed rail line
Extension of port of Sagunto (Comunidad Valenciana) Autoridad Portuaria de Valencia
50.0 50.0 109.3 45.0
Construction of two toll motorways (Radial 3 and Radial 5) serving Madrid and non-toll section of Accesos de Madrid Sociedad Concesionaria new M-50 ring road Española S.A.
300.0
Improvement and extension of Madrid/Barajas airport Ente Público de Aeropuertos Españoles y Navegación Aérea
400.0
Construction of motorway linking Madrid and Guadalajara to north east (Radial 2) and northern section of new M-50 ring road Infraestructuras y Radiales SA
90.0
Construction of motorway linking Madrid to Ocaña (Radial 4) and section of new M-50 ring road Autopista Madrid Sur Concesionaria Española S.A. 360.0 Road and urban/interurban transport infrastructure schemes Gestió d’Infraestructures, S.A.
70.6
Fleet renewal
25.3
Air Nostrum Lineas Aéreas del Mediterraneo SA
Acquisition of 83 new trains for Barcelona metro
Ferrocarril Metropolita de Barcelona SA
125.1
Expansion of Port of Las Palmas (Gran Canaria Island) Autoridad Portuaria de Las Palmas
30.0
Upgrading of railway infrastructure throughout Spain Red Nacional de Los Ferrocarriles Españoles
500.0
Construction of tramway system in Alicante (Comunidad Valenciana) Comunidad Valenciana
30.0
Rail infrastructure improvements on regional lines and commuter networks in northern Spain Ferrocarriles de Vía Estrecha
37.7
Upgrading of existing telephone network for provision of broadband multimedia services Telefónica de España SA
500.0
Construction of wastewater treatment facilities in Madrid region and rehabilitation of water reservoir in Madrid Canal de Isabel II
25.0
Emergency relief programme following oil spill on Galician, Asturian and Cantabrian coasts (framework loan) Comunidad Autónoma de Galicia
60.0
Relocation and upgrading of Bilbao trade fair complex Bilbao Exhibition Centre Construction and rehabilitation of social housing for rent throughout Cataluña Institut Catalan de Finances Framework loan for financing small and medium-scale infrastructure schemes Comunidad Autónoma de Castilla-La Mancha Production of new generation of mini vans in Vitoria-Gasteiz (Alava/Basque Country) Mercedes Benz España SA regional development
8
110.0
Construction of tram system in Greater Barcelona Tramvía Metropolità del Besòs, S.A.
EIB Group
human capital
European communications infrastructure
250.0 50.0 200.0 30.0
Construction of two hydrocrackers and related facilities located in Tarragona and Puertollano Repsol Petroleo SA
130.0
Upgrading of primary, secondary and vocational educational facilities in Valencia Construcciones e Infraestructuras Educativas de la Generalitat Valenciana
80.0
Modernisation and expansion of higher education facilities in Valencia region Universidad Jaume I de Castellón Universidad de Alicante Universidad Politecnica de Valencia Universidad de Valencia Estudi-General
18.0 20.0 28.0 23.0
Expansion and modernisation of public university facilities in Madrid region Comunidad de Madrid
119.3
Construction and modernisation of higher education facilities at University of Castilla-La Mancha Universidad de Castilla-La Mancha
Expansion of Madrid-Barajas airport
24.0
Global loans Financing for small and medium-scale ventures
Caja de Ahorros y Monte de Piedad de Gipuzkoa y San Sebastián Banco Santander Central Hispano SA Caja de Ahorros y Pensiones de Barcelona La Caixa Ayt Financiación Inversiones II FTA Rural Hipotecario V FTA
Financing for small and medium-scale ventures in Spain or Accession Countries Banco Popular Español SA
100.0 200.0 100.0 292.0 100.0 200.0
Financing for small and medium-scale ventures in Castilla-La Mancha region Instituto de Finanzas de Castilla-La Mancha SA
25.0
Financing for small and medium-scale ventures in Valencia region Instituto Valenciano de Finanzas
25.0
Financing for small and medium-scale infrastructure schemes Dexia Sabadell Banco Local 100.0 200.0 Banco Bilbao Vizcaya Argentaria SA Caja de Ahorros y Pensiones de Barcelona La Caixa 200.0 Emergency relief programme following oil spill on Galician, Asturian and Cantabrian coasts AyT Prestige Cajas de Ahorros FTA (global loan)
France
150.0
Finance contracts signed: 4 061 million of which
Individual loans: Global loans:
2003 2002 2001 2000 1999
2 086 million 1 975 million
Individual loans were directed towards the health (885 million for hospital modernisation), transport (695 million), industry and services (406 million) and water management (100 million) sectors.
Individual loans Construction of urban tram network in Valenciennes (Nord Department) Syndicat intercommunal pour les transports urbains de la région de valenciennes
110.0
Extension of Toulouse Metro (Midi-Pyrénées region) Syndicat mixte des transports en commun de l’agglomération toulousaine
270.0
Construction of urban tram network in Mulhouse (Alsace) Syndicat intercommunal des transports de l’agglomération mulhousienne Construction of automated passenger transport system at Roissy-Charles de Gaulle Airport (Paris) Aéroports de Paris Partial renewal of rolling stock and modernisation of railway network in Brittany Région Bretagne
100.1
Construction of Neufchâtel-Amiens-Saint Quentin section of A 29 motorway in northern France Société des Autoroutes du Nord et de l’Est de la France energy
100.0 10.0
Purchase of Airbus A-318s as part of fleet modernisation and rationalisation Société Air France
environment and quality of life
35.0
70.0
Innovation 2010 Initiative
Projects financed and statistics 2003
9
4 4 3 3 4
061 023 825 279 284
Restructuring and modernisation of drinking water supply and sewage treatment systems of Greater Lyons. Communauté Urbaine de Lyon R&D ventures in field of advanced semiconductor technologies Koninklijke Philips Elektronics NV Research, development and industrial application of advanced aeronautical propulsion technologies at centres located mainly in France Snecma Part-financing of investment relating to creation, production and distribution of audiovisual and multimedia works European audiovisual companies Modernisation of hospitals in Lyons
100.0 66.3 300.0 40.0 200.0
Hospices Civils de Lyon
Modernisation of Fort-de-France university hospital (Martinique) Centre hospitalier universitaire de Fort-de-France Modernisation of Strasbourg hospitals (Alsace)
Centre hospitalier universitaire de Strasbourg
Upgrading of Toulouse university hospital
Centre hospitalier universitaire de Toulouse
Nationwide hospital modernisation programme Hospitals
25.0 100.0 60.0 500.0
Global loans Financing for small and medium-scale ventures promoted by SMEs BNP Paribas Crédit d’Equipement des Petites et Moyennes Entreprises SA Caisse Fédérale de Crédit Mutuel Nord Europe BNP Paribas Société Générale Banque Fédérative du Crédit Mutuel
Aeronautical propulsion
2003 2002 2001 2000 1999
50.0 50.0 150.0 250.0 100.0
Financing for small and medium-scale ventures promoted by SMEs or local authorities Caisse Interfédérale de Crédit Mutuel
75.0
Financing, through leasing and leasing finance, of small and medium-scale ventures Société Générale
75.0
Financing for small-scale public amenities of regional or local interest CDC Finance CDC IXIS Caisse Nationale des Caisses d’Epargne et de Prévoyance
400.0
Financing for small-scale public amenities in regional development areas Dexia Crédit Local Dexia Municipal Agency
175.0 300.0
Ireland
602 400 525 412 62
150.0
199.9
Finance contracts signed: 602 million of which
Individual loans: Global loans:
352 million 250 million
Individual loans were advanced for transport (253 million), education (68 million) and urban renewal (31 million) projects.
Individual loans
Tramway, Dublin
Construction of 35 km section of motorway between Kinnegad and Kilcock Eurolink Motorway Operation Ltd
78.0
Construction of tramway system in Dublin
Railway Procurement Agency
60.0
Construction of new terminal at Cork airport
Aer Rianta CPT Ltd
115.0
Refurbishment and upgrading of local authority buildings under urban regeneration strategies Cork County Council
31.0
Construction of five secondary schools in Tubbercurry, Clones, Shannon, Dunmanway and Ballingcollig Schools Public/Private Partnership (Ireland) Ltd
38.3
Construction and operation of facilities of Ringaskiddy National Maritime College (Cork) Republic of Ireland
29.2
Global loans Financing for small and medium-scale ventures
regional development
10
EIB Group
human capital
DEPFA Deutsche Pfandbriefbank AG Allied Irish Banks p.l.c. AIB Group
European communications infrastructure
100.0 150.0
Italy
2003 2002 2001 2000 1999
Finance contracts signed: 5 913 million of which
Individual loans: Global loans:
4 040 million 1 873 million
Individual loans were provided for infrastructure (1 694 million – including facilities for the 2006 Winter Olympics) and the energy (1 285 million), communications (810 million), industry and services (227 million) and education (25 million) sectors.
Individual loans Installation of digital electricity meters and development of supporting infrastructure Enel Distribuzione S.p.A.
500.0
Construction of two gas-fired combined-cycle heat and power plants, located near Ravenna (Emilia-Romagna) and Ferrera Erbognone, near Milan (Lombardy) Enipower S.p.A.
100.0
Expansion of combined heat and power plant in Turin (Piedmont) Azienda Energetica Metropolitana Torino S.p.A.
50.0
Upgrading of Milan's heat and power generating capacity AEM S.p.A. – Azienda Energetica Municipale S.p.A.
85.0
Construction of two gas-fired combined-cycle cogeneration plants and associated transmission lines near Brindisi (Puglia) and Mantova (Lombardy) Enipower S.p.A.
300.0
Upgrading of two power plants in Ostiglia and Tavazzano (Lombardy) Endesa Italia Srl
250.0
Construction of new tramway line in Padova (Veneto) City of Padova
31.0
Modernisation and technical upgrading of some 20 ports Repubblica Italiana
75.0
Upgrading of rolling stock and related passenger transport systems on Italy's rail network Trenitalia S.p.A.
360.0
Construction of new facilities at Venice's Marco Polo Airport Aeroporto di Venezia Marco Polo SAVE
77.0
Purchase of two ships for transport of ethylene gas Navigazione Montanari
33.0
Acquisition and installation of equipment for security inspection of hold baggage at 4 Italian airports S.A.G.A.T. S.p.A. – Societa Azionaria Gestione Aeroporto citta di Torino S.p.A. Società Esercizi Aeroportuali S.p.A. Aeroporto di Firenze S.p.A. Società per l’Aeroporto Civile di Bergamo Orio al Serio S.p.A.
4.9
Reconstruction of infrastructure and flood protection in Tuscany, Valle d'Aosta and Piedmont, regions damaged by floods in Autumn 2000 Regione Toscana
83.6
Infrastructure development schemes forming part of investment plan for preparing Turin and surrounding region to host next Winter Olympic Games in February 2006 Repubblica Italiana
400.0
Co-financing of Sardinia Region's multi-sector investment programme under 2000-2006 Community Support Framework Regione Sardegna
100.0
Co-financing of Marche Region's investment programme under SPD 2000-2006 and other national and regional programmes Regione Marche
350.0
Financing of reconstruction programmes in several Italian regions, co-ordinated by Department for Civil Protection following recent natural catastrophes (end 2002-beginning 2003) Repubblica Italiana
180.0
Part-financing of Campania Region's multi-sector investment programme under 2000-2006 Community Support Framework Regione Campania
300.0
environment and quality of life
energy
Power transmission
75.0 25.0 50.0
Telecom Italia Lab Finsiel S.p.A. IT Telecom S.p.A.
R&D programmes in IT sector
20.6 53.9 4.2
Innovation 2010 Initiative
Projects financed and statistics 2003
11
5 6 5 5 4
913 041 487 498 038
Urban renewal investments in Rome, including extension and upgrading of underground lines City of Rome
100.0
Implementation of social protection and urban regeneration schemes in deprived areas of Rome City of Rome
80.0
Financing, via Banca Carige, of improvements to small and medium-scale urban infrastructure in city and province of Genoa Banca Carige
100.0
Upgrading of Falconar Marittima refinery (Marche) API-Anonima Petroli Italiana S.p.A.
20.0
Construction of 7 building material (dry mortar) plants in Lombardy, Piedmont, Tuscany and Abruzzo Fassa Srl
50.0
Construction of three hypermarkets: in Naples (Campania), Brindisi (Puglia) and Bari (Puglia), all located in Objective 1 areas La Rinascente S.p.A.
Urban renewal, Rome
135.0
Design and publishing of new encyclopaedias and digitalisation of database Istituto della Enciclopedia Italiana S.p.A.
22.0
Financing, via Banca Intesa, of student loans designed to facilitate access to higher education at Turin, Milan and Bari technological universities Banca Intesa S.p.A.
25.0
Global loans Financing for small and medium-scale ventures
Efibanca – Ente Finanziario Interbancario S.p.A. Banca delle Marche S.p.A. Mediocredito Trentino-Alto Adige S.p.A. Sanpaolo IMI S.p.A. Banca Popolare dell’Emilia Romagna Banca Intesa S.p.A. Banca Monte dei Paschi di Siena S.p.A. Banco Popolare di Verona e Novara S.c.r.l. Banca Popolare di Sondrio S.c.r.l. Sanpaolo IMI S.p.A.
Financing for small and medium-scale ventures through leasing operations Banca Nazionale del Lavoro S.p.A. BNL
200.0
Lease financing of micro-firms and SMEs
200.0
Banca Intesa S.p.A.
Infrastructure and SME investment schemes under Province of Ferrara's Development Plan Cassa di Risparmio di Ferrara S.p.A.
2003 2002 2001 2000 1999
17.5
Financing for small and medium-scale infrastructure schemes Dexia Crediop S.p.A.
200.0
Financing for small and medium-scale public infrastructure in regional development areas Banca Opi S.p.A.
400.0
Luxembourg
184 74 10 200 105
40.0 50.0 40.0 75.0 50.0 100.0 150.0 75.0 75.0 200.0
Finance contracts signed: 184 million
Individual loans Renovation and extension of EU Court of Justice buildings in Kirchberg district, Luxembourg City Immobilière Justicia 2026 Sarl
Court of Justice, Luxembourg regional development
12
EIB Group
human capital
European communications infrastructure
183.8
Netherlands
2003 2002 2001 2000 1999
Finance contracts signed: 522 million of which
Individual loans: Global loans:
272 million 250 million
522 538 787 233 311
Individual loans centred on water management (206 million) and research and development (66 million) schemes.
Individual loans Upgrading of drinking water production and distribution facilities in The Hague region Duinwaterbedrijf Zuid-Holland NV
35.0
Improvements to sewerage networks in The Hague region Hoogheemraadschap van Delfland
46.0
Construction of wastewater treatment plant in The Hague region Hoogheemraadschap van Delfland
125.0
R&D ventures in field of advanced semiconductor technologies Koninklijke Philips Elektronics NV
66.3
Global loans Financing for small and medium-scale ventures
SNS Bank NV Coöperatieve Centrale RaiffeisenBoerenleenbank BA-Rabobank Nederland
Financing for small and medium-scale ventures in health sector Fortis Bank (Nederland) NV
Austria
50.0
R & D in the semi-conductor field
100.0 100.0
Finance contracts signed: 900 million of which
Individual loans: Global loans:
2003 2002 2001 2000 1999
535 million 365 million
900 998 820 721 591
Individual loans were directed towards the transport (153 million), water management and urban infrastructure (158 million), health and education (115 million), industry (95 million) and energy (14 million) sectors
Individual loans Construction of waste incineration plant in Arnoldstein (southern Austria) Kärntner Restmüllverwertungs GmbH
40.0
Improvement of public transport network in city of Linz (Upper Austria) Linzer Elektrizitäts- Fernwärme- und Verkehrsbetriebe AG
30.0
Construction of road/rail intermodal freight centre, south of Graz (Styria) Schieneninfrastrukturfinanzierungsgesellschaft
40.0
Construction of road/rail logistics centre for itemised freight in Linz, Upper Austria OEBB-Österreichische Bundesbahnen AG
63.0
Renovation and modernisation of 11 mainline railway stations throughout Austria OEBB-Österreichische Bundesbahnen AG
27.0
Extension and upgrading of Vienna's main wastewater treatment plant Entsorgungsbetriebe Simmering GmbH
50.0
Construction and operation of steam-generating waste incineration plant in Zwentendorf (Lower Austria) Abfallverwertung Niederösterreich GmbH
25.0
Upgrading of social housing and urban regeneration in Vienna Stadt Wien – Wiener Wohnen Upgrading of rundown social housing in Vienna Stadt Wien – Wiener Wohnen
25.0
Upgrading of production facility for recycled fibre-based linerboard in Pitten, south of Vienna W. Hamburger AG
25.4
R&D and expansion of special high-grade steel production lines Böhler AG
70.0
environment and quality of life
energy
Construction of a hospital, Vöcklabruck
25.0
Innovation 2010 Initiative
Projects financed and statistics 2003
13
Construction of new hospital and upgrading of technical equipment in Vöcklabruck (Upper Austria), replacing two obsolete existing establishments Landeskrankenhaus Errichtungs- und Vermietungs GmbH
30.0
Construction of regional “mother-and-child” clinic in Linz and upgrading of regional hospital in Steyr (Upper Austria) Landeskrankenhaus Errichtungs- und Vermietungs GmbH
10.0
Rehabilitation and modernisation of hospitals in Styria Steiermärkische Krankenanstalten Gesellschaft mbH
75.0
Global loans Financing for small and medium-scale ventures
2003 2002 2001 2000 1999
1 1 1 1 1
20.0 25.0 20.0 50.0 20.0 20.0 40.0
Financing for ventures in human capital and health sectors Bank Austria Creditanstalt AG
50.0
Financing for small and medium-scale infrastructure schemes Bank Austria Creditanstalt AG
50.0
Financing for small and medium-scale infrastructure schemes Kommunalkredit Austria AG Bank für Arbeit und Wirtschaft AG
45.0 25.0
Portugal
645 770 797 852 598
Raiffeisenlandesbank Oberösterreich GmbH Hypo Alpe-Adria-Bank AG Niederösterreichische Landesbank Hypothekenbank AG Raiffeisen Zentralbank Österreich AG Raiffeisenlandesbank Niederösterreich Oberbank AG Investkredit Bank AG
Finance contracts signed: 1 645 million of which
Individual loans: Global loans:
1 095 million 550 million
Individual loans concentrated on communications (700 million), water management and urban infrastructure (205 million), industry and services (120 million) and the energy sector (70 million).
Individual loans
Motorway building
Construction of underground natural-gas storage reservoirs and extension of gas transmission Transgás-Sociedade Portuguesa de Gas Natural SA network
30.0
Expansion of power generation, transmission and distribution capacity in Azores Electricidade dos Açores, SA
40.0
Modernisation of rolling stock of leading national railway operator Caminhos de Ferro Portugueses, EP
80.0
Expansion and modernisation of Lisbon underground Metropolitano de Lisboa EP
80.0
Construction and operation of two motorways (A10-A13) BRISA Auto-estradas de Portugal S.A.
30.0
Renewal of public bus fleet in Lisbon
60.0
Companhia Carris de Ferro de Lisboa S.A.
Capacity upgrade of existing mobile network based on GSM technology and completion of GPRS roll-out Optimus Telecomunicações S.A. Water supply and distribution networks in Lisbon region and Tagus Valley Empresa Portuguesa das Aguas Livres SA Financing of investment in infrastructure, rehabilitation of existing housing and social housing construction in urban areas Caixa Geral de Depósitos
100.0 55.0 150.0
Modernisation and upgrading of three cement plants in Alhandra (centre), Souselas (centre-north) and Loulé (south) Cimpor Indústria de Cimentos S.A.
60.0
Construction and renovation of 16 hotels throughout Portugal Amorim Hotéis e Serviços S.G.P.S., S.A.
60.0
regional development
14
350.0
Upgrading of port infrastructure at Funchal, Caniçal and Porto Novo on Island of Madeira Administração dos Portos da Região Autónoma da Madeira, SA
EIB Group
human capital
European communications infrastructure
Global loans Financing for small and medium-scale ventures
Banco Espírito Santo S.A. Banco BPI, S.A. Banco Totta & Açores, S.A.
100.0 100.0 150.0
Financing for small and medium-scale infrastructure schemes Caixa Geral de Depósitos
Finland
200.0
2003 2002 2001 2000 1999
Finance contracts signed: 780 million of which
Individual loans: Global loans:
680 million 100 million
780 744 695 495 542
Individual loans were devoted to health and education (383 million), industry and services (195 million), transport (60 million), urban infrastructure (35 million) and the energy sector (7 million).
Individual loans Improvements to municipal services and port facilities in Kotka City of Kotka
25.1
Development of major new port in Vuosaari, east of Helsinki City of Helsinki
50.0
Urban renewal and construction of schools and day-care centres in Vantaa, east of Helsinki Vantaan kaupunki
50.0
R&D activities, mainly in Vaasa, aimed at increasing energy efficiency and reducing emissions of diesel engines Wärtsilä Oyj Abp Expansion of Helsinki Science Park
100.0
Helsinki Business and Science Park Oy Ltd
50.0
Extension of four science parks in Oulu (north-west), Espoo and Vantaa (near Helsinki) and Tampere (centre) Technopolis Oyj
45.0
Rehabilitation and construction of higher education and research facilities throughout Finland Senaatti-kiinteistöt
180.0
Improvement of education facilities throughout city of Helsinki City of Helsinki
130.0 Science park, Helsinki
Health-care investments in Uusimaa region (south) Helsingin Ja Uudenmaan Sairaanhoitopiiri
30.0
Refurbishment of educational facilities and construction of schools in city of Turku City of Turku
20.0
Global loans Financing for small and medium-scale infrastructure schemes Kuntarahoitus Oy Kommunfinans AB
50.0
Financing for small and medium-scale ventures
50.0
Sweden
Finnvera plc
2003 2002 2001 2000 1999
Finance contracts signed: 890 million of which
Individual loans: Global loans:
727 million 163 million
Individual loans targeted the transport (442 million), health (175 million), industry (60 million) and waste management (51 million) sectors.
Individual loans Modernisation of air traffic management system Luftfartsverket environment and quality of life
energy
82.9
Innovation 2010 Initiative
Projects financed and statistics 2003
15
890 720 933 621 544
Expansion and modernisation of installations at port of Göteborg Port of Göteborg AB
51.7
Improvement of urban and transport infrastructure in Municipality of Göteborg City of Göteborg
65.6
Improvements to section of urban road including construction of tunnel in centre of Göteborg Vägverket Acquisition of seven train sets for regional traffic across Öresund Fixed Link Skåne Region Purchase of 70 three-car metro units in third phase of renewal of rolling stock for Stockholm’s metro network SL Finans AB
Container terminal, port of Skandia, Göteborg
109.7 23.6 108.3
Construction of new waste collection and treatment networks in Göteborg Renova AB
51.0
Increase in production capacity of pulp plant and construction of new sawmill in Mönsterås, north of Kalmar Soedra Skogsaegarna Ekonomisk Foerening
44.9
Framework programme to finance new automotive research facilities in Germany and Sweden and expansion and upgrading of existing production facilities for automobile components in Czech Republic and Hungary Automobile industry
15.0
Modernisation of buildings for higher education facilities in Östersund (Jämtland) Vasallen AB
21.9
Upgrading of existing infrastructure and construction of new premises for Södertörn University College in Huddinge, south of Stockholm Stiftelsen Clara Hospital investment programme in Skåne region Skåne Region
43.3 109.3
Global loans Financing for small and medium-scale ventures
FöreningsSparbanken AB Swedbank
Financing for small and medium-scale public-sector ventures Kommuninvest i Sverige AB
2003 2002 2001 2000 1999
3 3 2 3 3
108.8 54.0
United Kingdom Finance contracts signed: 3 239 million
239 328 357 206 294
of which
Individual loans: Global loans:
2 875 million 364 million
Individual loans focused on transport (1 593 million – including upgrading of the London underground), water management and urban infrastructure (450 million), industry and services (346 million), energy (274 million) and health and education (211 million).
Individual loans Extension and refurbishment of electricity network in north west and development of power generation from renewable energy sources in England and Wales United Utilities Green Energy Ltd Construction of power plant in Coolkeeragh (Northern Ireland) Coolkeeragh ESB Ltd Conversion of existing LNG production plant into LNG import terminal on Isle of Grain Grain LNG Ltd
Railway tunnel, east London
216.4 43.0
Enhancement, refurbishment and maintenance of London underground network Metronet Rail BCV Finance plc Metronet Rail SSL Finance Plc
435.0 435.0
Upgrading to motorway standard, operation and maintenance of 53 km section of major trunk road between Darrington and Dishforth Road Management Services (Darrington) Ltd
167.1
Construction of part of priority European high speed rail TEN between Fawkham Junction and London Union Railways (North) Ltd
555.9
Improvement of sewerage and water supply infrastructure in south-west England South West Water Ltd regional development
16
14.6
EIB Group
human capital
European communications infrastructure
86.6
Urban regeneration through upgrading of social housing stock in Glasgow (Scotland) The Glasgow Housing Association Ltd
219.2
Countrywide urban renewal programme
144.3
Nationwide Building Society
Design and development of two new versions of existing Land Rover models Land Rover Holdings
250.0
Construction of BBC digital broadcasting centre in London BBC Broadcast Ltd
96.5
Extension of facilities and services at Queen’s Park Hospital in Blackburn (Lancashire) Consort Healthcare (Blackburn) Ltd
72.1
Research and innovation investment in English universities Imperial College London University of Oxford
33.9 35.9
Construction and refurbishment of 15 schools in Rotherham (South Yorkshire) Transform Schools (Rotherham) Ltd
69.5
Global loans Financing for small and medium-scale ventures
Barclays Bank plc Alliance & Leicester plc
292.3 71.7
Projects financed Finance contracts signed: 99 million under Article 18 of the Statute
Iceland Extension and upgrading of wastewater collection and treatment infrastructure in Reykjavik City of Reykjavik
23.0
Norway Construction of toll motorway (E6), connecting Norway to Sweden The Norwegian Public Roads Administration
environment and quality of life
energy
76.0
Sanitation, Reykjavik
Innovation 2010 Initiative
Projects financed and statistics 2003
17
2003 2002 2001 2000 1999
4 3 2 2 2
Acceding and Accession Countries
589 641 659 948 373
Total
2003
1999-2003
of which PreAccession Facility
of which PreAccession Facility
Total
Central Europe Poland Czech Republic Hungary Romania Slovakia Slovenia Lithuania Bulgaria Latvia Estonia
4 354 1 345 1 217 741 503 209 109 100 60 40 30
3 632 1 345 1 217 741
Mediterranean Cyprus Malta
235 235
235 235
730 705 25
730 705 25
4 589
3 867
16 209
12 378
Total
50 109 100
15 4 3 2 2
40 30
479 860 160 149 175 880 974 249 565 276 192
11 4 3 2
648 860 160 109 100 874 105 248 192
The amounts of loans financed under the Pre-Accession Facility appear in italics. The amounts relating to projects featured in this list are expressed in million of euro.
Central Europe
4 353.8
Poland
1 345.0
Construction of motorway between Konin and Wiskitki (centre)
Republic of Poland
175.0
Investment in transport, health and education infrastructure
Republic of Poland
500.0
Implementation of landslide protection measures and landslide risk management system Republic of Poland
50.0
Co-financing of priority schemes under Community Support Framework for Poland (2004-2006) Republic of Poland Financing for small and medium-scale ventures
Kredyt Bank SA BRE Leasing Sp Zoo Bank Ochrony Srodowiska S.A.
Czech Republic Extension of line C of Prague metro
Reconstruction and flood protection, Prague
18
500.0 50.0 20.0 50.0
1 216.7 Municipality of Prague
75.0
Construction of airport passenger terminal (North II) and associated infrastructure Česká správa letišt’, s.p.
281.7
Emergency relief programme in Central Europe following floods in August 2002 Municipality of Prague
80.0
Development of small motor vehicle and construction of corresponding manufacturing plant in Kolin (east of Prague) Toyota Peugeot Citroën Automobile Czech s.r.o.
450.0
Framework programme to finance new automotive research facilities in Germany and Sweden and expansion and upgrading of existing production facilities for automobile components in Czech Republic and Hungary Automotive sector
220.0
Financing for small and medium-scale ventures
Československá obchodní banka a.s. ČSOB Leasing a.s. Raiffeisen Leasing Real Estate s.r.o. Raiffeisenbank AS
30.0 20.0 15.0 30.0
Financing for small and medium-scale infrastructure schemes
Kommunalkredit Austria AG
15.0
EIB Group
Hungary
740.9
Establishment of regional airline operations through acquisition of up to ten regional jet aircraft Malév Rt.
100.0
Construction of three new by-passes and extension of national road infrastructure to relieve congestion in urban areas Republic of Hungary
190.0
Rehabilitation and upgrading of stations and line sections of MAV railway network in Hungary Republic of Hungary
170.0
Rehabilitation and expansion of several wastewater treatment facilities in Debrecen (east), Kecskemet (south of Budapest) and Szombathely (west) Republic of Hungary
45.9
Framework programme to finance new automotive research facilities in Germany and Sweden and expansion and upgrading of existing production facilities for automobile components in Czech Republic and Hungary Automotive sector Financing for small and medium-scale ventures
65.0
Magyarországi Volksbank Rt. Erste Bank Hungary Rt. Magyar Fejlesztési Bank Rt. Central European International Bank Ltd
Romania
40.0 30.0 50.0 50.0
503.2
Construction of section of new motorway in western Romania, linking towns of Arad and Timisoara, on Pan-European Corridor IV Romania
200.0
Construction of sawmill at Sebes
Holzindustrie Schweighofer Srl
Rehabilitation and equipping of some 100 schools in Bucharest
Romania
112.2
Romania
131.0
Rehabilitation of around 1 400 pre-university schools throughout country Financing for small and medium-scale ventures
Sanpaolo IMI S.p.A.
Slovakia
35.0
25.0
209.0
Construction of motorway section (D61) in south Bratislava
Republic of Slovakia
27.0
Nationwide improvements to road infrastructure
Republic of Slovakia
68.0
Modernisation and increase of production capacity of paper mill in Ruzomberok (northern Slovakia) Neusiedler Scp a.s.
64.0
Financing for small and medium-scale ventures
50.0
HVB Bank Slovakia a.s.
Slovenia
109.0
Rehabilitation and upgrading of national railway network
Republic of Slovenia
34.0
Financing for small and medium-scale ventures
Sanpaolo IMI S.p.A.
75.0
Lithuania
100.0
Framework loan for co-financing priority investments under Lithuania’s 2004-2006 Single Programming Document (SPD) and Cohesion Fund Reference Framework Republic of Lithuania Financing for small and medium-scale ventures
UAB Sampo Bankas AB Bankas Nord/LB Lietuva
Bulgaria Upgrading of main transit roads throughout country
60.0
10.0 30.0
30.0 AS Hansapank
Mediterranean
30.0
235.0
Cyprus Upgrading of public service IT networks and office automation systems
15.0 25.0
40.0 Nord/LB Latvija JSC Latvijas Hipoteku un Zemes Banka
Estonia Financing for small and medium-scale ventures
60.0
60.0 Republic of Bulgaria
Latvia Financing for small and medium-scale ventures
SMEs, Slovenia
235.0 Republic of Cyprus
35.0
Construction and extension of school buildings and installation of ICT equipment Republic of Cyprus
200.0
Projects financed and statistics 2003
19
Partner Countries Total
2003
1999-2003
of which budgetary resources
of which budgetary resources
Total
Euro-Mediterranean Partnership Countries ACP/OCT South Africa Asia and Latin America Balkans Russia
2 088 463 260 348 372 25
14 286
7 092 2 038 752 1 907 1 330 25
133 1 160
Total
3 556
299
13 144
1 293
v
In the following list, loans from own resources are indicated by , and financing operations from budgetary resources, in the form of either a conditional loan or an equity participation, by s. The amounts relating to projects featured in this list are expressed in millions of euro.
Euro-Mediterranean Partnership Countries 2003 2002 2001 2000 1999
2 1 1 1
088 588 401 214 802
2 087.9
Mediterranean Group
3.5
Equity participation in fund of funds contributing to creation of investment funds in Maghreb and Mashreq countries Averroès Finance
3.5
Maghreb Countries
819.0
Tunisia
395.0
Upgrading of gas supply, transmission and distribution network
Société Tunisienne de l’Électricité et du Gaz (STEG)
55.0
Extension and modernisation of public urban rail transport in Greater Tunis Republic of Tunisia
45.0
Modernisation and expansion of metallurgical plant producing galvanised sheet steel in Bay of Sabra, north-west of Tunis Tunisacier S.A.
35.0
2003-2006 public healthcare investment programme
Republic of Tunisia
Financing for small and medium-scale ventures
Arab Tunisian Bank Banque du Sud Banque de l’Habitat Société Tunisienne de Banque SA Banque de Tunisie SA Banque de Tunisie et des Émirats d’Investissement Tunisie Leasing Amen Bank Banque Internationale Arabe de Tunisie Union Bancaire pour le Commerce et l’Industrie SA Amen de Leasing Compagnie Internationale de Leasing Arab Tunisian Lease Banque tuniso-koweitienne de développement
Healthcare, Tunisia
Algeria
110.0 10.7 10.7 10.7 10.7 10.7 10.7 10.7 10.7 10.7 10.7 10.7 10.7 10.7 10.7
230.0
Reconstruction and repair of infrastructure in areas hit by earthquake on 21 May 2003 Banque Algérienne de Développement 230.0
Morocco
14.0
Construction of Settat-Marrakesh motorway, completing Casablanca-Marrakesh link constituting first section of North-South route Société Nationale des Autoroutes du Maroc
110.0
own resources
20
194.0
Upgrading of infrastructure of 5 Moroccan ports (Tangiers, Larache, El Jadida, Essaouira and Sidi Ifni) Kingdom of Morocco
EIB Group
budgetary resources
Rehabilitation and extension of sewerage network and construction of first sewage treatment plant in city of Oujda, eastern Morocco Régie Autonome de Distribution d’Eau et d’Électricité d’Oujda
30.0
Creation and extension of professional training centres in tourism, textiles and information and communications technologies sectors Kingdom of Morocco
30.0
Financing for microcredit operations
Fondation Zakoura pour le Micro-crédit Association Al Amana pour la Promotion des Microentreprises
Mashreq Countries
10.0
665.4
Egypt
509.5
Construction of liquefied natural gas plant in Idku, east of Alexandria El Behera Natural Gas Liquefaction Company SAE
304.5
Construction of second 650 MW module for natural gas-fired combined-cycle power plant Egyptian Electricity Holding Company
150.0
Modernisation and extension of wastewater collection and treatment network Arab Republic of Egypt
Syria
55.0
90.0
Upgrading and development of Port of Tartous on Lebanese border Syrian Arab Republic
50.0
Financing for small and medium-scale ventures
40.0
Syrian Arab Republic
Jordan
Reconstruction, Turkey
65.9
Construction of Amman Ring Road
Hashemite Kingdom of Jordan
26.2
Reform of elementary education system and schools in Jordan
Hashemite Kingdom of Jordan
39.7
Other
600.0
Turkey
600.0
Rehabilitation and reconstruction of earthquake-damaged urban infrastructure Republic of Turkey
150.0
Modernisation of automotive component manufacturing facilities at Bursa, on south-eastern coast of Marmara Sea Automotive sector
250.0
Financing for small and medium-scale ventures
200.0
Turkiye Vakiflar Bankasi TAO Turkiye Sinai Kalkinma Bankasi AS
African, Caribbean, Pacific (ACP) States and OCT AFRICA
463.2
2003 2002 2001 2000 1999
415.2
Africa Group
63.0
Renewal and upgrading of airport and aeronautical equipment to improve air traffic safety Agence pour la Sécurité de la Navigation Aérienne en Afrique et à Madagascar (ASECNA)
33.0
Equity investment in regional fund for acquiring control of commercial banks in course of privatisation Africa International Financial Holdings LLC 30.0
Southern Africa and Indian Ocean
199.0
Zambia
54.0
Development of open-pit copper mine in Kansanshi, north-west Zambia Kansanshi Mining Plc Financing for small and medium-scale ventures
Mozambique
51.8
Gas field development and construction of gas pipeline from Mozambique (Secunda) to South Africa Republic of Mozambique Pipeline Investment Company (Pty) Ltd Development and upgrading of power transmission facilities linking Republic of South Africa, Swaziland and Mozambique Electricidade de Moçambique own resources
34.0
Stanbic Bank Zambia Ltd 20.0 Barclays Bank of Zambia Ltd Standard Chartered Bank Zambia plc Indo-Zambia Bank Ltd Industrial Credit Company Ltd African Banking Corporation Zambia Ltd Packing of horticultural products
50.0 1.8
budgetary resources
Projects financed and statistics 2003
21
463 298 520 411 346
Swaziland
44.8
Construction of 19 MW hydropower station to be added to existing large irrigation dam Swaziland Electricity Board
7.0
Development and upgrading of power transmission facilities linking Republic of South Africa, Swaziland and Mozambique Swaziland Electricity Board
1.8
Construction of irrigation systems from Usuthu river for smallholdings Swaziland Electricity Board
36.0
Botswana
12.5
Extension of water supply network for greater Francistown area
Water Utilities Corp.
Mauritius
12.2
Construction and operation of hotel complex in Bel Ombre in south of island Indigo Hotels & Resorts Ltd Pristine Resorts Ltd Pristine Resorts Ltd
Madagascar
Regional - Southern Africa
11.0
10.5
Participation in fund providing equity to private-sector SMEs in Southern Africa Aureos Southern Africa Fund L.L.C.
10.5
Regional - Indian Ocean
2.0
Financing for small and medium-scale ventures
I&P Capital (Indian Ocean) Ltd
Malawi
East Africa
35.0
Repair and extension of water and sanitation facilities in Dar-es-Salaam United Republic of Tanzania
Ethiopia
35.0
25.0
Financing for small and medium-scale ventures
Federal Democratic Republic of Ethiopia
Regional - East Africa
25.0
6.8
Participation in fund providing equity to private-sector SMEs in East Africa Aureos East Africa Fund L.L.C.
Kenya
6.8
2.0
Loan to Co-operative Bank of Kenya for refinancing selected savings and credit co-operatives The Co-operative Bank of Kenya Ltd
Uganda
2.0
2.0
Loan to commercial banks for refinancing selected microfinance institutions Development Finance Company of Uganda Ltd
West Africa
2.0
46.8
Burkina Faso
12.0
Financing for small and medium-scale ventures
Banque Internationale pour le Commerce, l’Industrie et l’Agriculture du Burkina Société Générale de Banques au Burkina Burkina Bail Bank of Africa Burkina Faso Banque Agricole et Commerciale du Burkina
Guinea
2.5 2.5 2.0 2.5 2.5
12.0
Rehabilitation and extension of port of Conakry
EIB Group
0.3
70.8
Tanzania
own resources
2.0
0.3
Feasibility study for development and mining of strontium deposit in Kangankunde, north of Blantyre Rift Valley Resource Developments Ltd
22
2.8 6.1 3.3
11.0
Rehabilitation and operation of Madagascar's northern railway network Madarail SA
Agri-food industry
12.5
budgetary resources
Republic of Guinea
12.0
Regional - West Africa
8.8
Participation in fund providing equity to private-sector SMEs in West Africa Aureos West Africa Fund L.L.C.
8.8
Niger
5.0
Financing for small and medium-scale ventures
Banque Internationale pour l’Afrique au Niger SA Société Nigérienne de Banque Ecobank Niger Bank of Africa Niger
Cape Verde
5.0
Financing for small and medium-scale ventures
Banco Comercial do Atlantico BCA Caixa Economica de Cabo Verde Sàrl Banco Interatlantico Sàrl
Mauritania
1.7 1.7 1.7
4.0
Purchase of equipment for construction of roads and other infrastructure in Mauritania and sub-region Entreprise de Bâtiments, de Travaux et Routes
Central and Equatorial Africa
4.0
35.6
Cameroon
28.3
Financing for small and medium-scale ventures
Africa Leasing Co. SA 0.3 Standard Chartered Bank Cameroon SA 28.0 Banque Internationale du Cameroun pour l’Épargne et le Crédit Crédit Lyonnais Cameroun SCB Société Générale de Banques au Cameroun SA Commercial Bank of Cameroon Ecobank Cameroun SA Pro PME Financement SA
Regional - Central Africa
Road building, Mauritania
5.3
Regional fund for financing equity participations in private companies Central Africa Growth Fund
5.3
Chad
2.0
Financing for small and medium-scale ventures
2.0
Commercial Bank Tchad Financial Bank Tchad
48.0
CARIBBEAN Dominican Republic Financing for small and medium-scale ventures
40.0 Banco Popular Dominicano Banco BHD Banco Nacional de Credito SA
13.3 13.3 13.3
Regional - Caribbean
8.0
Financing for small and medium-scale ventures and private equity investment in southern and eastern Caribbean Caribbean Financial Services Corp.
South Africa
8.0
Financing for small and medium-scale infrastructure schemes
2003 2002 2001 2000 1999
260.0
Gas field development and construction of gas pipeline from Mozambique (Secunda) to South Africa Republic of Mozambique Pipeline Investment Company (Pty) Ltd
own resources
1.3 1.3 1.3 1.3
Development Bank of Southern Africa Standard Bank of South Africa Ltd Absa Bank Ltd Nedcor Bank Ltd Firstrand Bank Ltd Inca – Infrastructure Finance Corporation Ltd
50.0 80.0 25.0 25.0 25.0 25.0 30.0
budgetary resources
Projects financed and statistics 2003
23
260 50 150 140 152
2003 2002 2001 2000 1999
Asia and Latin America
348 175 543 533 310
347.9
LATIN AMERICA
254.3
Regional - Central America Power interconnector in Central America - SIEPAC
35.6 Banco Centroamericano de Integración Económica
Brazil
35.6
218.7
Modernisation and expansion of natural gas distribution network in State of Rio de Janeiro Companhia Distribuidora de Gás do Rio de Janeiro
45.0
Construction and operation of eucalyptus-based pulp mill
Veracel Celulose SA
65.3
Financing for small and medium-scale ventures
Banco Itaú BBA SA Unibanco Uniao de Bancos Brasileiros SA
24.6 49.1
ASIA
93.6
India
Tyre production, Brazil
50.0
Financing for small and medium-scale ventures
Rabo India Finance Private Ltd
Pakistan
Balkans
372 425 319 154 60
170.0
Expansion and modernisation of Croatian gas transmission system and onshore section of new gasline linking existing network to gas fields in Adriatic Sea and, ultimately, to Italian gas network Plinacro d.o.o.
90.0
Financing for small and medium-scale infrastructure schemes
Republic of Croatia
50.0
Financing for small and medium-scale ventures
Raiffeisenbank Austria d.d. Raiffeisen Leasing d.o.o.
20.0 10.0
Serbia and Montenegro
162.0
Modernisation of power control system of state-owned electricity utility Serbia and Montenegro
22.0
Upgrading of urban transport (tramway) and road networks in Belgrade Serbia and Montenegro
90.0
Modernisation of twenty regional hospitals and state-owned Torlak Institute in Serbia Serbia and Montenegro
50.0
Albania
27.0
Extension and rehabilitation of water supply and sewerage networks serving 5 municipalities Republic of Albania
FYROM Elektrostopanstvo
Community of Independent States Russian Federation Construction of wastewater treatment networks in city of St Petersburg State Unitary Enterprise Vodokanal of St Petersburg own resources
EIB Group
27.0
13.0
Upgrading of several electricity substations and transmission lines
24
43.6
372.0
Croatia
Roads and urban transport, Belgrade
50.0
43.6
Construction of oil pipeline for transportation of refined petroleum from Karachi to Mahmood Kot near Multan (central Pakistan) Pak-Arab Refinery Ltd
2003 2002 2001 2000 1999
34.8
Modernisation and expansion of light-vehicle tyre production unit in Feira de Santana (State of Bahia) Pirelli Pneus SA
budgetary resources
13.0
25.0 25.0 25.0
European Investment Fund Venture Capital Operations Ressources
Signatures
EIB Group EC Funding
129.9 4.8
Total
134.7
Venture Capital Country
Operations
Focus
Signatures
Vives
ICT, biotechnology
Euroventures III
Technology, traditional industries
21 Développement II
Electronics, audiovisual, agrifoods, manufacturing ICT, biotechnology, electronics ICT, life sciences, electronics
Belgium
4.5
Eastern Europe
10.0
France
23.8
AXA Venture Fund IV Science & Innovation Fund 2001 Italy
24.0 FPCR Mezzogiorno Interbanca Investimenti Sud
Technology, telecommunications, media ICT, tourism, services, manufacturing
Netherlands
15.0 Waterland Private Equity Fund II B.V.
Aging population, leisure & luxury
PanEU&Multi
26.9 Advent Private Equity Fund 2 Avlar Bioventures Fund II LP EMBL Technology Fund Innovacom 5 Merlin Biosciences Fund III
ICT, life sciences Biotech Life sciences, information technology New materials, services, telecommunications, enterprise software Biosciences
United Kingdom
30.5 Amadeus II A Close Brothers Growth Capital Fund II Pentech Fund 1
ICT Generalist ICT
Total
134.7
Information & communications technology (ICT)
Further closing
26
EIB Group
Seed Capital Action (EC) funding
s ETF Start-up Facility (EC) funding
Secondary operations
s
Guarantee Operations Category
Signatures
Contingent liability: EIF own ressources No contingent liability for EIF: MAP (Multiannual Programme for Enterprise)
594.1 1 657.3
Total
2 251.4
Product
Bank
Country
Commitment
AR Finance 1 Plc CAST 1999 FTYPME BANCAJA 2 FTA Lombarda Lease Finance 3 Maestrale S.r.l. Mile – N1 plc Promise Color 2003-I Promise-XXS 2003-01 Promise-I 2000-1*
Portugal Germany Spain Italy Italy Germany Germany Germany Germany
25.0 40.0 43.8 100.0 34.2 73.4 53.1 92.7 42.0
Finans Nord 2
Denmark
90.0
Enhancement
t
504.1
Insurance
90.0
MAP
1 657.3 ATI – Alleanza di Garanzia ATI – Artigiancredit Piemonter – Emilia Romagna – Lombardia ATI – SIS ATI – Garanzia Diretta BBMKB AWS (formerly Bürges) CERSA CMZR** KfW (formerly Deutsche Ausgleichsbank) KfW (formerly Deutsche Ausgleichsbank) Encouragement Bank AD Finnvera First Step Ltd Fonds de Participation Fonds de Participation ICO – Instituto de Credito Oficial Mediocredito Centrale Mortgage and Land Bank Latvia (Hipoteku banka) SOCAMA Sofaris The Prince’s Trust and the Scottish Youth Business Trust**
Total
Italy
207.5
Italy Italy Italy Netherlands Austria Spain Czech Republic Germany Germany Bulgaria Finland Ireland Belgium Belgium Spain Italy
220.0 74.0 83.0 170.0 85.9 220.2 32.2 76.5 60.0 7.0 50.0 3.0 7.5 20.0 11.4 90.0
Latvia France France
15.0 118.8 79.4
United Kingdom
26.0 2 251.4
*
N.B.: EIF transferred 3 Aaa tranches (EUR 188.2m in total) to a counterparty with effective dates during the third quarter 2003 and sold risk protection on 4 tranches (EUR 42m in total, average rating : Baa3) from 29.06.03 onward (asset switch). Net amount signed is therefore 2 250.5m minus 188.2m. ** Historical dates.
t Secondary market transaction Projects financed and statistics 2003
27
European Investment Bank Statistical supplement Section I
Financing provided within the European Union (contracts signed)
Pages
Table A
Breakdown by country and objective in 2003
30
Table B
Breakdown by country and objective from 1999 to 2003
30
Table C
Breakdown by country and sector in 2003
31
Table D
Breakdown by country and sector from 1999 to 2003
31
Table E
Detailed breakdown by sector in 2003 and from 1999 to 2003
32
Table F
Breakdown by region in 2003 and from 1999 to 2003
33
Section II
Financing provided in the Partner Countries (contracts signed)
Table G
Conventions, Agreements, Facilities, Financial Protocols and Decisions in force or under negotiation at 31 December 2003
36
Breakdown by country and sector Table H
In the Acceding and Accession Countries in 2003
37
Table I
In the Acceding and Accession Countries from 1999 to 2003
37
Table J
In the Partner Countries in 2003
38
Table K
In the Euro-Mediterranean Partnership Countries from 1999 to 2003
38
Table L
In the ACP States and the OCT from 1999 to 2003
39
Table M
In South Africa from 1999 to 2003
40
Table N
In Asia and Latin America from 1999 to 2003
40
Table O
In the Balkans from 1999 to 2003
40
Section III
Borrowings signed
Table P
Borrowings signed in 2003 - List of operations
Table Q
Borrowings signed (before swaps) from 1999 to 2003
44
Table R
Borrowings signed (after swaps) from 1999 to 2003
45
Table S
Medium and long-term resources raised in ECU/EUR from 1982 to 2003
45
Table T
Borrowings signed in 2003 - Breakdown by currency before/after swaps
46
Borrowings signed (before swaps) in 2003 under medium-term note or debt issuance programmes (excluding EARNs)
46
Table U
41
Projects financed and statistics 2003
NB: as rounded figures are used in the following tables, it is possible that the totals do not correspond to the sum of the individual amounts.
29
Table A
Individual loans provided within the European Union in 2003 Breakdown by country and objective (1) (EUR million)
Belgium Denmark Germany Greece Spain France Ireland Italy Luxembourg Netherlands Austria Portugal Finland Sweden United Kingdom Other (Art.18)(2) Total
Table B
Regional development
Human capital
European communications infrastructure
Environment and quality of life
Energy
Innovation 2010 Initiative
300 – 694 090 590 740 352 229 – – 212 095 90 82 796 –
– – 473 – 512 885 68 797 – – 115 – 410 175 211 –
23 491 965 675 2 990 180 193 1 129 – – 130 460 75 135 723 76
445 258 011 415 125 625 91 025 184 206 247 445 175 380 107 23
70 177 326 225 300 – – 1 285 – – 40 70 – – 274 –
47 284 957 150 812 466 68 697 – 66 175 100 605 168 236 –
16 269
3 645
8 244
10 762
2 767
4 830
2 1 4
3
1
1
1 1
3
2
Individual loans provided within the European Union from 1999 to 2003 Breakdown by country and objective (1) (EUR million)
Belgium Denmark Germany Greece Spain France Ireland Italy Luxembourg Netherlands Austria Portugal Finland Sweden United Kingdom Other (Art.18)(2) Total
(1) (2)
Regional development
Human capital
513 159 402 834 350 867 294 645 210 30 795 6 962 1 178 800 7 759 –
– 349 3 146 430 875 944 68 1 134 – – 550 – 705 381 636 –
69 797
9 218
1 10 6 16 3 1 11
European communications infrastructure
Environment and quality of life
Energy
Innovation 2010 Initiative
280 989 581 700 198 121 318 7 975 179 650 510 3 778 583 924 3 604 173
745 907 831 101 156 413 91 256 314 625 907 840 316 557 323 62
70 687 782 664 2 205 – 717 4 362 80 80 297 693 – 328 2 243 356
91 1 177 2 938 710 2 486 1 432 168 1 477 10 66 922 422 868 558 1 137 300
38 444
13 564
14 762
2 3 3 9 3
41 563
4 2 5 2 8
1 1 1 7
As certain financing operations meet several objectives, the totals for the various headings cannot be meaningfully added together. Financing akin to operations within the European Union authorised under the second paragraph of Article 18(1) of the Bank’s Statute.
30 – EIB Group
Table C
Loans provided within the European Union in 2003 Breakdown by country and sector (EUR million)
Infrastructure
Belgium Denmark Germany Greece Spain France Ireland Italy Luxembourg Netherlands Austria Portugal Finland Sweden United Kingdom Other (Art.18) (1) Total
Water management and sundry infrastructure
Industry Services Agriculture
Health Education
Global loans (*)
25 148 748 100 692 975 250 873 – 250 365 550 100 163 364 –
Total
Individual loans
Energy
Communications
540 898 443 190 282 061 602 913 184 522 900 645 780 890 239 99
515 750 694 090 590 086 352 040 184 272 535 095 680 727 875 99
70 135 300 225 300 – – 1 285 – – 14 70 7 – 274 –
123 397 1 237 715 3 223 695 253 810 – – 153 700 60 442 1 593 76
275 124 428 – 595 100 31 1 694 184 206 158 205 35 51 450 23
47 94 1 267 150 160 406 – 227 – 66 95 120 195 60 346 –
– – 463 – 312 885 68 25 – – 115 – 383 175 211 –
23 585
2 679
10 476
4 557
3 235
2 636
6 1 6 4 5
1
3
3 1 4 2 4
1
2
34 187
(*) of which: – “Standard” global loans – “Portfolio” global loans
Table D
2 1 1 1
10 603 8 978 1 625
Loans provided within the European Union from 1999 to 2003 Breakdown by country and sector (EUR million)
Infrastructure
Total
Belgium Denmark Germany Greece Spain France Ireland Italy Luxembourg Netherlands Austria Portugal Finland Sweden United Kingdom Other (Art.18) (1) Total
2 4 30 7 24 19 2 26 2 4 8 3 3 15
Individual loans
112 979 449 061 471 472 000 976 572 391 031 662 257 708 424 991
156 556
1 4 14 6 17 8 1 17
Energy
098 570 806 834 445 192 294 398 572 341 238 962 731 402 594 891
70 644 777 664 2 105 – 717 4 275 80 – 211 647 37 328 2 314 386
102 368
13 255
1 2 6 2 3 12
Communications
Water management and sundry infrastructure
Industry Services Agriculture
Health Education
Global loans (*)
380 110 084 390 421 890 478 861 179 650 564 242 556 876 174 173
575 131 646 050 850 344 31 007 184 625 408 686 498 269 970 33
74 335 278 306 503 040 – 048 130 66 505 387 996 547 499 300
– 349 3 021 424 565 919 68 207 – – 550 – 644 381 636 –
1 014 408 15 643 227 7 026 11 280 707 9 578 – 1 050 1 793 1 700 525 306 2 830 100
15 016
7 764
54 187
3 4 4 11 4 6
5 1 5
50 027
2 1 1
4
2
16 306
4 1 2 2
1
(*) of which: – “Standard” global loans – “Portfolio” global loans (1)
42 371 11 816
Financing akin to operations within the European Union authorised under the second paragraph of Article 18(1) of the Bank’s Statute.
Projects financed and statistics 2003 – 31
Table E
Loans provided within the European Union in 2003 and from 1999 to 2003 Detailed breakdown by sector (EUR million)
2003
1999-2003
Amount
% of total
Amount
% of total
Energy and infrastructure
17 713
51.8
79 588
50.8
Energy Production Electricity Oil and natural gas Heat Transmission and supply Electricity Oil and natural gas Heat
2 679 1 879 1 059 243 577 801 771 30 –
7.8 5.5 3.1 0.7 1.7 2.3 2.3 0.1 –
13 6 3 1 1 6 5 1
Transport Urban transport Railways Roads, motorways Air transport Maritime transport Intermodal freight terminals and other Exceptional structures
9 2 2 2 1
425 755 594 326 174 450 126 –
27.6 8.1 7.6 6.8 3.4 1.3 0.4 –
42 8 9 13 7 1
Telecommunications Networks, exchanges and international cables Mobile telephony Satellites, ground stations
1 052 762 290 –
Water, sewerage, solid waste Sewerage and waste management Water catchment, treatment and supply
255 257 980 120 157 998 614 131 253
8.5 4.0 2.5 0.7 0.7 4.5 3.6 0.7 0.2
286 040 846 620 780 669 151 1 182
27.0 5.1 6.3 8.7 5.0 1.1 0.1 0.8
3.1 2.2 0.8 –
7 740 5 281 2 326 133
4.9 3.4 1.5 0.1
1 009 632 377
3.0 1.8 1.1
6 402 2 838 3 564
4.1 1.8 2.3
Urban infrastructure Urban renewal Urban development schemes
3 548 2 374 1 174
10.4 6.9 3.4
9 905 7 178 2 727
6.3 4.6 1.7
Industry, services, health, education, agriculture
5 871
17.2
22 780
14.6
Industry Transport equipment Pulp, paper products; publishing and printing Electrical engineering and electronics Chemicals and chemical products Refined petroleum products Other non-metallic mineral products Machinery and equipment Basic metals and metal products Woodworking and wood products Rubber and plastics Food products and beverages
2 350 985 320 263 221 150 146 100 96 69 – –
6.9 2.9 0.9 0.8 0.6 0.4 0.4 0.3 0.3 0.2 – –
885
333 311 459 707 024 394 201 130 1 593 302 65 146
7.2 2.8 0.9 1.1 0.7 0.3 0.1 0.1 1.0 0.2 0.0 0.1
2.6
3 583
2.3
2 636 1 353 1 283
7.7 4.0 3.8
7 764 3 748 4 016
5.0 2.4 2.6
–
–
100
0.1
Total individual loans
23 584
69.0
102 368
65.4
Total global loans
10 603
31.0
54 187
34.6
Grand total
34 187
100.0
156 556
100.0
Services Health, education Health Education, training Agriculture, fisheries, forestry
32 – EIB Group
11 4 1 1 1
Table F
Breakdown of loans by region in 2003 and from 1999 to 2003 This analytical table is based on NUTS 1 or 2 regional classification, depending on the country concerned. Where possible, individual loans covering several regions have been subdivided. EUROSTAT 2002 estimates of per capita (2000) GDP expressed in terms of purchasing power parities (EUR15=100). 2002 unemployment rate (EUR15=7.8). 1998 population figures (‘000).
(Amounts in EUR million)
GDP per
Unemployment
Population
capita
rate (%)
(‘000)
2003
1999-2003
Belgium
107
7.5
10 214
540
2 112
Bruxelles-Brussel Vlaams Gewest Région wallonne Multiregional Global loans
218 106 78 – –
14.5 4.9 10.5 – –
955 5 927 3 333 – –
123 292 100 – 25
165 683 207 44 1 014
Denmark
119
4.6
5 330
898
4 979
Germany
106
9.4
82 087
6 443
30 449
Hamburg Bremen Hessen Bayern Baden-Württemberg Nordrhein-Westfalen Saarland Rheinland-Pfalz Berlin Schleswig-Holstein Niedersachsen Sachsen Thüringen Brandenburg Mecklenburg-Vorpommern Sachsen-Anhalt Multiregional Global loans
182 143 129 124 122 109 97 97 96 96 96 70 70 69 69 68 – –
9.0 11.2 6.3 5.0 4.7 7.9 8.3 5.9 18.7 8.5 7.9 21.3 17.6 20.4 23.6 23.5 – –
1 703 679 6 044 12 121 10 451 17 988 1 073 4 028 3 393 2 771 7 882 4 475 2 456 2 594 1 794 2 663 – –
225 60 228 180 117 385 40 200 225 – 81 689 91 145 155 497 377 2 748
758 322 458 325 736 479 428 602 249 103 310 245 793 685 049 660 606 643
Greece
68
10.0
10 516
1 190
7 061
Attiki Voreia Ellada Kentriki Ellada Multiregional Global loans
77 64 59 – –
9.2 11.3 9.3 – –
3 450 3 404 2 646 – –
535 50 280 225 100
4 094 860 1 158 722 227
Spain
82
11.4
39 418
6 282
24 471
110 105 101 99 98 91 88 80 79 78 76 71 69 67 65 61 53 – –
7.1 5.6 9.4 9.6 7.3 6.9 5.5 10.1 10.3 11.1 10.4 9.8 11.3 9.4 12.2 19.6 19.2 – –
5 033 530 2 046 6 055 741 259 1 173 526 3 940 1 603 2 489 1 055 1 104 1 713 2 713 7 218 1 083 – –
1 268 – 487 698 – – 105 11 244 30 16 10 1 482 64 50 – 1 125 1 692
4 790 197 1 200 1 973 140 46 339 130 1 239 455 529 252 104 731 310 1 007 251 3 752 7 026
Comunidad de Madrid Comunidad Foral de Navarra Pais Vasco Cataluña Islas Baleares La Rioja Aragon Cantabria Comunidad Valenciana Canarias Castilla-León Principado de Asturias Murcia Castilla-La Mancha Galicia Andalucia Extremadura Multiregional Global loans
Projects financed and statistics 2003 – 33
1 1
1
2
1 1 15
Table F
Breakdown of loans by region in 2003 and from 1999 to 2003 (continued) This analytical table is based on NUTS 1 or 2 regional classification, depending on the country concerned. Where possible, individual loans covering several regions have been subdivided. EUROSTAT 2002 estimates of per capita (2000) GDP expressed in terms of purchasing power parities (EUR15=100). 2002 unemployment rate (EUR15=7.8). 1998 population figures (‘000). (Amounts in EUR million)
GDP per
Unemployment
Population
capita
rate (%)
(‘000)
2003
1999-2003
France
101
8.7
58 398
4 061
19 472
Ile-de-France Alsace Rhône-Alpes Champagne-Ardenne Haute-Normandie Bourgogne Provence-Côte d’Azur Pays de la Loire Midi-Pyrénées Franche-Comté Bretagne Lorraine Poitou-Charentes Picardie Limousin Nord – Pas-de-Calais Corse Overseas Departments Multiregional Global loans
158 103 103 95 95 93 91 90 89 88 86 83 83 82 82 81 76 56 – –
8.1 6.7 6.9 9.3 10.1 6.9 11.4 7.7 8.1 8.3 6.7 7.8 8.0 8.5 6.4 13.4 13.2 26.5 – –
10 1 5 1 1 1 4 3 2 1 2 2 1 1
929 726 625 345 780 612 491 210 542 117 896 312 637 857 712 3 997 260 1 644 – –
100 135 300 – – – – – 330 – 10 – – 70 – 110 – 25 1 006 1 975
766 317 566 40 147 10 64 109 749 36 136 280 73 218 10 929 6 63 3 673 11 280
Ireland
115
4.3
3 745
602
2 000
Italy
102
9.0
57 646
5 913
26 976
Trentino-Alto Adige Lombardia Emilia-Romagna Valle d’Aosta Piemonte Veneto Friuli-Venezia Giulia Toscana Lazio Liguria Marche Umbria Abruzzo Molise Sardegna Basilicata Puglia Sicilia Campania Calabria Multiregional Global loans
136 135 129 123 120 119 114 114 113 108 102 101 84 79 76 73 67 65 65 62 – –
3.4 3.8 4.8 3.6 5.1 3.7 3.7 4.8 8.6 6.3 4.4 5.7 6.2 12.6 18.5 15.3 14.0 20.1 21.1 24.6 – –
933 047 971 120 288 500 185 533 260 629 458 834 278 329 653 607 086 093 787 058 – –
– 558 40 – 489 123 12 103 203 114 388 36 2 – 100 4 187 62 431 11 1 177 1 873
8 1 561 2 133 105 1 076 314 34 1 138 1 019 181 870 457 82 83 279 711 773 559 925 181 4 910 9 578
Luxembourg
195
2.6
433
184
572
Netherlands
111
2.8
15 812
522
2 391
West-Nederland Zuid-Nederland Noord-Nederland Multiregional Global loans
123 106 102 – –
2.6 2.7 3.5 – –
7 374 3 388 1 653 – –
206 – – 66 250
909 336 30 66 1 050
34 – EIB Group
9 3 4 4 1 3 5 1 1 1 1 4 5 5 2
Table F
Breakdown of loans by region in 2003 and from 1999 to 2003 (continued) This analytical table is based on NUTS 1 or 2 regional classification, depending on the country concerned. Where possible, individual loans covering several regions have been subdivided. EUROSTAT 2002 estimates of per capita (2000) GDP expressed in terms of purchasing power parities (EUR15=100). 2002 unemployment rate (EUR15=7.8). 1998 population figures (‘000). (Amounts in EUR million)
GDP per
Unemployment
Population
capita
rate (%)
(‘000)
2003
1999-2003
Austria
114
4.0
8 092
900
4 031
Ostösterreich Westösterreich Südösterreich Multiregional Global loans
123 115 96 – –
5.4 2.7 3.4 – –
3 419 2 906 1 767 – –
150 133 155 97 365
670 414 427 727 1 793
Portugal
68
5.1
9 989
1 645
8 662
Lisboa e Vale do Tejo Madeira Algarve Norte Alentejo Centro Açores Multiregional Global loans
91 74 66 56 54 54 52 – –
6.5 2.5 5.3 4.9 6.6 3.0 2.5 – –
3 330 261 349 3 585 508 1 710 246 – –
569 30 9 2 2 23 40 420 550
1 155 188 212 1 857 307 1 454 90 1 698 1 700
Finland
104
9.1
5 166
780
3 257
Uusimaa Etelä-Suomi Pohjois-Suomi Väli-Suomi Itä-Suomi Multiregional Global loans
143 96 91 84 75 – –
5.8 9.1 14.1 9.3 13.3 – –
1 371 1 820 557 703 689 – –
302 41 7 100 – 230 100
623 716 268 181 44 900 525
Sweden
107
5.1
8 858
890
3 708
Stockholm Västsverige Sydsverige Smaland Med Öarna Mellersta Norrland Övre Norrland Norra Mellansverige Östra Mellansverige Multiregional Global loans
147 101 98 97 97 92 91 91 – –
4.0 4.9 6.2 3.9 5.9 6.1 6.3 5.2 – –
1 793 1 761 1 273 800 382 517 841 1 491 – –
152 278 133 45 22 15 – – 83 163
972 413 732 90 52 236 106 132 668 306
United Kingdom
100
5.1
59 501
3 239
15 424
London South East East Scotland East Midlands West Midlands South West Yorkshire and Humberside North West Wales North East Northern Ireland Multiregional Global loans
147 111 104 97 94 92 91 88 87 81 77 78 – –
6.7 3.7 3.7 6.5 4.5 5.6 3.7 5.2 5.3 5.6 6.8 5.8 – –
285 078 419 119 191 627 936 047 881 937 581 692 – –
1 556 79 – 219 – 250 87 237 86 – – 216 144 364
3 351 191 4 1 413 496 1 081 599 489 1 494 72 254 376 2 775 2 830
–
–
–
99
991
375 204
34 187
156 556
Other (Art. 18) Total
7 8 5 5 4 2 4 5 6 2 2 1
Projects financed and statistics 2003 – 35
Table G
Conventions, Agreements, Financing Facilities, Financial Protocols and Decisions in force or under negotiation at 31 December 2003
Region or Country
African, Caribbean and Pacific States (ACP) Overseas Countries and Territories (OCT)
2
4
Republic of South Africa Mediterranean Countries Turkey
Central and Eastern Europe Russia/WNIS
10
Asia and Latin America
11
8
EU budgetary resources envelope
(EUR million)
(EUR million) Interest subsidies for EIB loans 1
Convention, Agreement, Facility, Financial Protocol, or Decision
Year of expiry
Loans from own resources
Risk capital operations 1
Cotonou Partnership Agreement
2005
1 700
2 200
Yes
3
Cotonou Partnership Agreement
2005
20
20
Yes
3
Council Decision
2007
825
No
2007
6 425
Yes
Council Decision EIB Special Action Programme in support of the consolidation and intensification of the EC-Turkey Customs Union
2004
450
No
No
Council Decision
2007
9 280
No
No
Council Decision
2007
600
No
No
Council Decision
2007
2 480
No
No
No
No
Council Decision
5
EIB own resources envelope
6
9
No Yes
7
EIB own resources lending facilities complementing lending under mandate Mediterranean Countries
Pre-Accession Countries
1 2
3 4 5 6 7 8 9 10 11
12 13
14
14
Mediterranean Partnership Facility Facility for Euro-Mediterranean Investment and Partnership (FEMIP)
2004
1 000
2007
200
Pre-Accession Facility II
2004
12 000
12
20-40
13
No
No
No
For the ACP/OCT, from the Investment Facility established under the Cotonou Partnership Agreement. For the Mediterranean Countries, from the EU budget. Managed by the EIB. Africa: Angola, Benin, Botswana, Burkina Faso, Burundi, Cameroon, Cape Verde, Central African Republic, Chad, Comoros, Congo, Côte d’Ivoire, Democratic Republic of Congo, Djibouti, Equatorial Guinea, Eritrea, Ethiopia, Gabon, Gambia, Ghana, Guinea, Guinea Bissau, Kenya, Lesotho, Liberia, Madagascar, Malawi, Mali, Mauritania, Mauritius, Mozambique, Namibia, Niger, Nigeria, Rwanda, São Tomé & Principe, Senegal, Seychelles, Sierra Leone, Somalia, South Africa, Sudan, Swaziland, Tanzania, Togo, Uganda, Zambia, Zimbabwe. Caribbean: Antigua and Barbuda, Bahamas, Barbados, Belize, Dominica, Dominican Republic, Grenada, Guyana, Haiti, Jamaica, St Kitts and Nevis, St Lucia, St Vincent & the Grenadines, Suriname, Trinidad and Tobago. Pacific: Cook Islands, Fiji Islands, Kiribati, Marshall Islands, Micronesia, Nauru, Niue, Palau, Papua New Guinea, Samoa, Solomon Islands, Tonga, Tuvalu, Vanuatu. May also take the form of technical assistance. Greenland; Mayotte, New Caledonia and Dependencies, French Polynesia, French Southern and Antarctic Territories, St Pierre and Miquelon, Wallis and Futuna; Aruba, Netherlands Antilles; Anguilla, British Antarctic Territory, British Indian Ocean Territory, British Virgin Islands, Cayman Islands, Falkland Islands, Montserrat, Pitcairn Island, St Helena and Dependencies, South Georgia and Sandwich Islands, Turks and Caicos Islands. Algeria, Cyprus, Egypt, Gaza-West Bank, Israel, Jordan, Lebanon, Malta, Morocco, Syria, Tunisia, Turkey. The Commission proposes to remove lending in Turkey from this envelope and to increase the envelope to EUR 6 520 million (see also footnote 9). For operations in the environmental sector. Albania, Bosnia and Herzegovina, Bulgaria, Croatia, Czech Republic, Estonia, Former Yugoslav Republic of Macedonia, Hungary, Latvia, Lithuania, Poland, Romania, Serbia and Montenegro (formerly Federal Republic of Yugoslavia), Slovakia, Slovenia. In view of the forthcoming accessions, the Commission proposes to restructure this envelope as a new “South Eastern Neighbours” envelope to cover lending in Albania, Bosnia and Herzegovina, Bulgaria, Croatia, Former Yugoslav Republic of Macedonia, Romania, Serbia and Montenegro and Turkey, with a lending ceiling of EUR 9 185 million. Western Newly Independent States: Belarus, Moldova and Ukraine. Asia: Bangladesh, Brunei, China, India, Indonesia, Laos, Macao, Malaysia, Mongolia, Nepal, Pakistan, Philippines, Singapore, South Korea, Sri Lanka, Thailand, Vietnam, Yemen. Latin America: Argentina, Bolivia, Brazil, Chile, Colombia, Costa Rica, Ecuador, El Salvador, Guatemala, Honduras, Mexico, Nicaragua, Panama, Paraguay, Peru, Uruguay, Venezuela. “Special FEMIP Envelope” to allow for extended risk-sharing operations up to EUR 1 billion, and a better structuring of lending to mitigate private-sector risks. It complements lending under the Mediterranean Countries Council Decision, which also forms part of FEMIP. Trust fund, modelled on the special cofinancing funds of other IFIs, directing resources to projects in certain priority sectors (water, transport, electricity, human capital) that can be made financially viable via a grant contribution or risk-capital participation. Participation in the trust fund would allow other donors to complement on a voluntary basis the contributions from the Community budget already pledged to the Facility under the MEDA Programme. Donors would need to be identified. Bulgaria, Cyprus, Czech Republic, Estonia, Hungary, Latvia, Lithuania, Malta, Poland, Romania, Slovakia, Slovenia, Turkey.
36 – EIB Group
Table H
Financing provided in the Acceding and Accession Countries in 2003 Breakdown by country and sector (EUR million)
(of which Pre-Accession Total Facility)
Energy
Communications
Water management and sundry infrastructure
Industry Services
Health Education
Global loans
Central Europe Poland Czech Republic Hungary Romania Slovakia Slovenia Lithuania Bulgaria Latvia Estonia
4 354 1 345 1 217 741 503 209 109 100 60 40 30
(3 632) (1 345) (1 217) (741) – (50) (109) (100) – (40) (30)
– – – – – – – – – – –
1 681 475 357 460 200 95 34 – 60 – –
736 550 80 46 – – – 60 – – –
834 – 670 65 35 64 – – – – –
443 200 – – 243 – – – – – –
660 120 110 170 25 50 75 40 – 40 30
Mediterranean Cyprus
235 235
(235) (235)
– –
– –
– –
35 35
200 200
– –
4 589
(3 867)
–
1 681
736
869
643
660
Central Europe
–
(3 632)
–
(1 326)
(736)
(735)
(200)
(635)
Mediterranean
–
(235)
–
–
–
(35)
(200)
–
Total (of which Pre-Accession Facility)
Table I
Financing provided in the Acceding and Accession Countries from 1999 to 2003 Breakdown by country and sector (EUR million)
(of which Pre-Accession Total Facility)
Central Europe Poland Czech Republic Romania Hungary Slovenia Slovakia Bulgaria Latvia Lithuania Estonia
Industry Services
Health Education
Global loans
262 722 267 356 000 833 424 407 106 128 20
2 662 1 158 760 337 229 25 12 28 20 81 12
1 225 – 688 43 230 – 264 – – – –
563 225 95 243 – – – – – – –
2 357 725 350 92 555 115 180 70 70 40 160
Communications
479 860 160 175 149 974 880 565 276 249 192
(11 648) (4 860) (3 160) – (2 109) (874) (100) – (248) (105) (192)
411 30 – 104 135 1 – 60 80 – –
730 705 25
(730) (705) (25)
200 200 –
155 155 –
– – –
35 35 –
315 315 –
25 – 25
16 209
(12 378)
611
8 417
2 662
1 260
878
2 382
Central Europe
–
(11 648)
(246)
(5 804)
(2 244)
(918)
(320)
(2 115)
Mediterranean
–
(730)
(200)
(155)
–
(35)
(315)
(25)
Mediterranean Cyprus Malta Total
15 4 3 2 2
Energy
Water management and sundry infrastructure
8 2 1 1 1
(of which Pre-Accession Facility)
Projects financed and statistics 2003 – 37
Table J
Financing provided in the Partner Countries in 2003 Breakdown by country and sector (EUR million)
Resources Total
own
budgetary
Energy
Communications
Water management and sundry infrastructure
2 088 600 509 395 230 194 90 66
2 074 600 509 395 230 184 90 66
14 – – – – 10 – –
509 – 454 55 – – – –
245 – – 45 – 124 50 26
465 150 55 – 230 30 – –
285 250 – 35 – – – –
180 – – 110 – 30 – 40
404 200 – 150 – 10 40 –
4
–
4
–
–
–
–
–
4
ACP-OCT Africa Southern and Indian Ocean West East Central and Equatorial Multiregional Caribbean
463 415 199 71 47 36 63 48
178 138 105 – – – 33 40
286 278 94 71 47 36 30 8
61 61 61 – – – – –
56 56 11 – 12 – 33 –
88 88 49 35 4 – – –
47 47 47 – – – – –
– – – – – – – –
213 165 33 36 31 36 30 48
SOUTH AFRICA
260
260
–
50
–
–
–
–
210
ASIA, LATIN AMERICA (ALA) Latin America Brazil Regional - Central America Asia India Pakistan
348 254 219 36 94 50 44
348 254 219 36 94 50 44
– – – – – – –
114 70 35 36 44 – 44
– – – – – – –
– – – – – – –
110 110 110 – – – –
– – – – – – –
124 74 74 – 50 50 –
BALKANS Croatia Serbia and Montenegro Albania FYROM
372 170 162 27 13
372 170 162 27 13
– – – – –
125 90 22 – 13
90 – 90 – –
77 50 – 27 –
– – – – –
50 – 50 – –
30 30 – – –
25 25
25 25
– –
– –
– –
25 25
– –
– –
– –
3 556
3 257
299
859
391
655
442
230
980
EURO-MEDITERRANEAN PARTNERSHIP COUNTRIES Turkey Egypt Tunisia Algeria Morocco Syria Jordan Mediterranean Group
COMMUNITY OF INDEPENDENT STATES Russia Total
Table K
Industry Services
Health Education
Global loans
Financing provided in the Euro-Mediterranean Partnership Countries from 1999 to 2003 Breakdown by country and sector (EUR million)
Resources Total
own
budgetary
Energy
Communications
Water management and sundry infrastructure
Turkey Egypt Tunisia Morocco Algeria Syria Jordan Lebanon Gaza-West Bank Mediterranean Group
2 196 1 203 1 197 960 825 380 216 75 31 10
2 178 1 178 1 158 948 816 380 206 75 20 –
18 25 39 12 9 – 10 – 11 10
90 783 250 210 – 190 – – – –
297 50 303 394 305 50 26 45 – –
707 135 120 184 455 – – – 10 –
400 105 104 130 65 – 140 – – –
50 – 110 30 – 100 40 – – –
653 130 310 12 – 40 10 30 21 10
Total
7 092
6 959
133
1 523
1 470
1 611
944
330
1 215
38 – EIB Group
Industry Services
Health Education
Global loans
Table L
Financing provided in the ACP States and the OCT from 1999 to 2003 Breakdown by country and sector (EUR million)
Resources Communications
Water management and sundry infrastructure
Industry Services
Global loans
290.6 142.0 32.0 55.0 15.0 12.2 – 8.0 – 18.3 1.5 – – 100.2 54.0 38.0 – – – 4.5 – – 3.7 – – 13.4 – 13.4 – – – 35.0 23.0 – 12.0 – – – 9.1 – – – – – – – 8.8 – 0.3 – – – – – 8.0
475.4 110.4 12.9 48.0 10.0 – 8.0 8.0 21.4 – – – 2.0 129.4 38.0 15.7 18.0 6.1 5.0 19.0 15.6 – 2.0 5.0 5.0 107.8 9.0 25.0 42.0 25.0 6.8 68.8 43.5 5.3 10.0 2.0 8.0 59.1 178.5 115.0 20.0 25.0 0.5 – – – – 8.0 6.0 4.0 9.0 7.0 – 2.0 50.0
Total
own
budgetary
Energy
AFRICA Southern Africa and Indian Ocean Mozambique Zambia Swaziland Mauritius Namibia Madagascar Regional Malawi Zimbabwe Botswana Seychelles West Africa Senegal Mauritania Burkina Faso Benin Cape Verde Ghana Regional Guinea Mali Niger Nigeria East Africa Tanzania Kenya Uganda Ethiopia Regional Central and Equatorial Africa Cameroon Regional Gabon Chad Rwanda Multiregional project CARIBBEAN Dominican Republic Jamaica Regional Guyana Haiti Barbados Dominica Belize Saint Lucia Trinidad and Tobago Saint Kitts and Nevis PACIFIC Samoa Vanuatu Kiribati ACP GROUP
1 622.7 579.7 144.8 103.0 93.0 87.2 56.0 27.0 21.4 18.3 13.5 12.5 3.0 336.1 126.0 60.2 32.0 26.1 25.0 23.5 15.6 12.0 5.7 5.0 5.0 289.1 99.0 79.4 53.0 50.0 7.7 292.8 143.2 59.3 44.0 27.3 19.0 125.1 314.6 124.0 77.0 25.0 20.5 16.0 15.0 10.0 8.8 8.0 6.3 4.0 14.0 7.0 5.0 2.0 58.0
648.0 303.5 86.4 – 53.5 79.1 53.5 – – 6.5 12.0 12.5 – 122.0 72.0 30.0 – – 20.0 – – – – – – 52.5 – 46.0 6.5 – – 104.0 34.0 54.0 11.0 5.0 – 66.0 160.0 100.0 30.0 – – – 15.0 10.0 – 5.0 – – – – – – 50.0
974.7 276.2 58.4 103.0 39.5 8.1 2.5 27.0 21.4 11.8 1.5 – 3.0 214.1 54.0 30.2 32.0 26.1 5.0 23.5 15.6 12.0 5.7 5.0 5.0 236.6 99.0 33.4 46.5 50.0 7.7 188.8 109.2 5.3 33.0 22.3 19.0 59.1 154.6 24.0 47.0 25.0 20.5 16.0 – – 8.8 3.0 6.3 4.0 14.0 7.0 5.0 2.0 8.0
439.1 174.1 90.9 – 32.0 2.0 37.3 – – – 12.0 – – – – – – – – – – – – – – 121.0 55.0 41.0 – 25.0 – 144.0 64.7 54.0 – 25.3 – – 39.0 9.0 – – 20.0 – – 10.0 – – – – – – – – –
235.3 42.4 9.0 – 18.0 4.4 11.0 – – – – – 70.0 18.0 – – 20.0 20.0 – – 12.0 – – – 11.9 – – 11.0 – 0.9 45.0 12.0 – 22.0 – 11.0 66.0 57.0 – 42.0 – – – 15.0 – – – – – 5.0 – 5.0 – –
182.3 110.8 – – 36.0 55.0 6.3 – – – – 12.5 1.0 36.5 16.0 6.5 14.0 – – – – – – – – 35.0 35.0 – – – – – – – – – – – 31.0 – 15.0 – – 16.0 – – – – – – – – – – –
Total ACP States
2 009.2
858.0
1 151.2
478.1
297.3
213.3
307.7
712.9
29.0 10.0 5.0 5.0 3.0 2.5 2.0 1.5
20.5 5.0 5.0 5.0 – 2.0 2.0 1.5
8.5 5.0 – – 3.0 0.5 – –
3.5 – – – – – 2.0 1.5
5.0 – – 5.0 – – – –
– – – – – – – –
– – – – – – – –
20.5 10.0 5.0 – 3.0 2.5 – –
2 038.2
878.5
1 159.7
481.6
302.3
213.3
307.7
733.4
OCT French Polynesia Regional British Virgin Islands Turks and Caicos Islands Aruba New Caledonia Falkland Islands Grand total
Projects financed and statistics 2003 – 39
Table M
Financing provided in South Africa from 1999 to 2003 Breakdown by country and sector (EUR million)
Total
Energy
Communications
Water management and sundry infrastructure
South Africa
752
107
145
–
25
475
Total
752
107
145
–
25
475
Table N
Industry Services
Global loans
Financing provided in Asia and Latin America from 1999 to 2003 Breakdown by country and sector (EUR million)
LATIN AMERICA Brazil Argentina Mexico Panama Regional (Central America)
Total
Energy
Communications
Water management and sundry infrastructure
1 319 803 271 90 54 101
467 170 187 74 – 36
225 171 – – 54 –
20 – 20 – – –
409 329 64 16 – –
198 133 – – – 65
588 148 96 93 81 50 44 40 36
184 70 70 – – – 44 – –
132 50 26 – 56 – – – –
25 – – – 25 – – – –
129 – – 93 – – – – 36
118 28 – – – 50 – 40 –
1 907
650
358
45
538
316
ASIA Indonesia Thailand Philippines China India Pakistan Sri Lanka Bangladesh Total
Table O
Industry Services
Global loans
Financing provided in the Balkans from 1999 to 2003 Breakdown by country and sector (EUR million)
Serbia and Montenegro Croatia Bosnia and Herzegovina Albania FYROM Total
Total
Energy
Communications
Water management and sundry infrastructure
498 446 185 108 93
92 90 60 30 13
336 230 100 51 60
– 50 – 27 –
– – 25 – –
50 – – – –
20 76 – – 20
1 330
285
777
77
25
50
116
40 – EIB Group
Industry Services
Health Education
Global loans
Table P
Borrowings signed in 2003 - List of operations Amount (million)
Life
Coupon (%)/
currency
Characteristics
Currency
EUR
(years)
Structure
CZK CZK CZK EUR EUR EUR EUR EUR GBP GBP GBP GBP GBP GBP GBP GBP GBP GBP HUF NOK NOK USD USD USD USD USD CZK CZK CZK CZK CZK CZK CZK EUR EUR EUR GBP GBP HUF JPY JPY USD USD USD ZAR CZK CZK EUR EUR EUR EUR GBP HUF JPY NOK USD USD USD CZK EUR EUR EUR EUR SKK USD USD USD ZAR ZAR
(1) (1) (1) (2) (1) (1) (1) (1) (1)
1 500 500 1 398 1 000 130 150 100 100 100 100 250 350 150 150 150 150 150 250 12 000 300 1 000 3 000 82 50 750 100 317.5 1 500 2 000 1 038.38 450 2 100 1 500 100 100 158 387.8 105 12 500 1 200 1 000 50 20 1 000 200 750 750 100 5 000 70 500 100 4 000 1 000 400 50 290 20 1 000 100 50 100 50 483.47 3 000 10 20 150 200
47.5 15.8 44.3 000.0 130.0 150.0 100.0 100.0 153.7 153.7 384.3 538.0 230.6 230.6 230.6 230.6 230.6 381.3 49.2 41.2 134.2 860.7 78.2 46.2 715.2 95.4 10.1 47.2 62.9 32.9 14.2 66.0 47.2 100.0 100.0 158.0 591.4 160.1 51.2 9.4 7.9 46.2 18.5 924.6 21.6 23.5 23.5 100.0 000.0 70.0 500.0 145.0 16.2 7.7 50.6 46.4 269.0 18.5 31.3 100.0 50.0 100.0 50.0 11.7 753.6 9.2 18.0 17.4 25.0
4.9 10.0 20.0 6.2 7.0 6.0 8.0 10.0 5.8 5.9 15.8 10.0 3.9 10.0 15.7 5.7 8.8 7.8 2.0 4.8 2.0 3.2 10.0 7.1 7.2 5.0 25.0 10.0 12.0 15.0 19.6 15.0 15.0 8.0 8.5 4.0 19.9 28.1 3.0 30.0 25.0 8.0 30.0 3.1 3.0 10.2 10.2 12.0 5.6 7.9 5.0 3.7 1.8 29.9 1.8 10.0 12.0 5.0 5.9 5.0 9.9 7.1 9.8 20.0 5.2 10.0 30.0 2.9 5.0
3.250 structured zero coupon 4.000 structured structured structured structured 4.500 6.250 4.750 4.500 5.000 4.500 4.750 4.500 5.500 4.250 7.125 6.250 6.000 2.375 0.500 structured 3.875 structured zero coupon structured structured zero coupon 4.000 structured structured structured structured 2.280 zero coupon structured 6.250 structured structured structured structured structured 10.000 structured structured structured 3.250 structured structured 5.000 7.125 structured 6.000 structured 0.500 structured 8.200 structured structured structured structured zero coupon 3.000 structured structured 10.000 10.250
Subscription Month of issue
Medium and long-term operations (before swaps) PUBLIC BORROWING OPERATIONS January
February
March
April
(1) (1) (1) (1) (1) (1) (1) (1) (1) (1) (1) (1) (1) (1) (1) (1) (1) (1) (1) (1) (1) (1) (1) (1) (1) (1) (1) (1) (1) (1) (1) (1) (2) (1) (1) (1) (1) (1) (1) (1) (1) (1) (1) (1) (1) (1) (1) (1) (1) (1) (1) (1)
1
2
5
2
(1) Operations launched under MTN or debt issuance programmes; (2) EARN; (3) Bank loans.
Projects financed and statistics 2003 – 41
Table P
Borrowings signed in 2003 - List of operations (continued) Amount (million)
Life
Coupon (%)/
currency
Characteristics
Currency
EUR
(years)
Structure
CZK EUR EUR EUR GBP GBP JPY JPY SKK USD USD USD USD CHF EUR EUR EUR EUR EUR EUR EUR GBP GBP GBP HUF JPY SEK USD USD USD USD USD USD ZAR EUR EUR EUR EUR EUR EUR EUR EUR EUR EUR EUR EUR GBP HUF HUF SEK SKK TWD TWD USD USD USD USD USD ZAR CZK CZK EUR EUR HUF HUF JPY JPY JPY JPY
(1) (1) (1) (1) (1) (1)
750 30 30 180 150 100 38 000 5 000 1 500 15 30 30.823 60 250 30 150 5 000 200 100 50 50 1 000 100 30 10 000 1 000 2 500 1 000 366 100 20 20 750 150 100 65 100 20 50 100 2 000 50 150 150 50 30 50 4 000 3 000 750 405.1589 6 500 500 750 20 23 20 68 150 1 000 500 70 50 4 000 13 500 28 000 1 000 1 000 3 500
23.9 30.0 30.0 180.0 215.2 143.5 285.8 35.6 36.7 13.5 27.0 26.1 50.8 160.8 30.0 150.0 5 000.0 200.0 100.0 50.0 50.0 1 389.7 144.3 41.7 37.5 7.1 273.2 846 309.6 87.5 16.9 17.5 656.3 15.7 100.0 65.0 100.0 20.0 50.0 100.0 2 000.0 50.0 150.0 150.0 50.0 30.0 72.1 15.0 11.4 81.6 9.8 167.2 12.9 656.3 17.5 20.3 17.7 60.1 17.6 31.0 15.5 70.0 50.0 15.2 51.1 206.3 7.9 7.9 27.5
10.0 5.5 9.8 8.0 9.7 5.4 30.0 30.0 20.0 7.8 20.0 25.0 10.0 12.0 5.4 10.0 10.3 10.0 6.0 10.0 10.0 3.0 3.4 4.0 1.5 30.0 5.8 10.0 10.0 10.0 15.0 10.0 7.4 4.5 8.0 10.0 7.0 5.0 9.9 20.0 7.2 5.0 10.0 10.0 9.9 5.3 34.7 2.6 1.5 5.7 20.0 7.0 10.0 3.0 30.0 10.0 8.0 10.0 4.4 15.0 15.0 15.0 7.0 2.5 4.4 30.1 30.0 30.0 30.0
structured structured structured structured 4.500 4.500 structured structured 4.750 8.750 structured structured structured 2.500 structured structured 3.625 structured structured structured structured variable 5.000 structured 7.000 structured 4.000 3.375 0.500 structured structured structured 2.875 8.500 structured structured structured structured structured structured 5.625 structured structured structured structured structured structured 6.250 7.125 4.000 structured structured structured 1.750 structured structured structured structured 8.500 structured structured structured structured 6.250 7.000 structured structured structured structured
Subscription Month of issue
Medium and long-term operations (before swaps) PUBLIC BORROWING OPERATIONS May
June
July
August
(1) (1) (1) (1) (1) (1) (1) (1) (2) (1) (1) (1) (1) (1) (1) (1) (1) (1) (1) (1) (1) (1) (1) (1) (1) (1) (1) (1) (1) (1) (2) (1) (1) (1) (1) (1) (1) (1) (1) (1) (1) (1) (1) (1) (1) (1) (1) (1) (1) (1) (1) (1) (1) (1)
(1) Operations launched under MTN or debt issuance programmes; (2) EARN; (3) Bank loans.
42 – EIB Group
Table P
Borrowings signed in 2003 - List of operations (continued) Amount (million)
Life
Coupon (%)/
currency
Characteristics
Currency
EUR
(years)
Structure
PLN PLN SEK SKK USD USD USD AUD GBP GBP JPY JPY PLN PLN PLN SKK USD USD SEK CZK CZK EUR GBP HUF HUF USD USD USD USD ZAR ZAR CZK EUR EUR GBP JPY GBP HUF PLN ZAR
(1) (1) (1) (1) (1) (1) (1) (1) (1)
180 110 500 750 100 100 100 800 100 100 2 000 2 150 110 90 120 763.965 50 50 300 500 500 30 500 7 000 13 000 1 000 100 75 100 250 100 3 000 25 50 100 20 000 100 4 000 90 100
41.2 25.2 54.2 17.9 91.5 91.5 91.5 470.3 144.4 143.1 15.7 16.7 25.2 19.5 26.0 18.2 45.8 45.8 33.5 15.7 15.7 30.0 715.7 27.5 49.1 858.2 86.0 64.5 86.0 30.7 12.3 93.6 25.0 50.0 145.7 152.4 143.5 15.1 19.1 13.0
5.0 5.0 8.0 20.0 30.1 30.1 30.1 3.0 3.2 2.2 30.0 30.0 5.0 5.0 5.0 25.0 30.0 30.0 5.5 10.0 10.0 9.4 5.0 2.4 2.0 3.1 20.0 7.5 20.0 10.0 4.1 5.0 6.8 5.0 2.1 30.0 2.9 2.2 5.0 9.8
structured structured 4.500 structured structured structured structured 4.500 5.000 6.125 structured structured structured structured structured zero coupon structured structured 4.000 structured structured structured 4.500 6.250 8.000 2.500 structured structured structured 8.000 8.500 structured structured structured 6.125 structured 5.000 6.250 structured 8.000
Subscription Month of issue
Medium and long-term operations (before swaps) PUBLIC BORROWING OPERATIONS
September
October
November
December
(1) (1) (1) (1) (1) (1) (1) (1) (1) (1) (1) (1) (1) (1) (1) (1) (1) (1) (1) (1) (1) (1) (1) (1) (1) (1) (1)
178 operations PRIVATE BORROWING OPERATIONS 1 1 1 1 1 105 1 7
GRAND TOTAL
CZK EUR EUR GBP HKD JPY JPY USD
39 532.1
(1) (1) (3) (3) (1) (1) (1)
500 400 200 150 1 000 175 700 10 000 209
15.8 400.0 200.0 215.2 122.3 1 337.6 75.2 191.7
118 operations
2 557.8
296 operations (*)
42 089.9
(*) Effectively 310 transactions, given that certain operations were conducted in a number of tranches. N.B.: Zero coupon issues are calculated on the basis of the nominal amount multiplied by the net issue price.
(1) Operations launched under MTN or debt issuance programmes; (2) EARN; (3) Bank loans.
Projects financed and statistics 2003 – 43
structured 1.250 variable variable 2.880 structured structured structured
Table Q
Borrowings signed (before swaps) from 1999 to 2003 (EUR million) 2001
2000
1999
2003
2002
amount
%
amount
%
amount
%
amount
%
amount
%
European Union EUR
11 646
41.1
6 607
22.8
10 398
32.2
13 305
35.0
17 318
41.1
Total Euro-11 (*)
11 646
41.1
6 607
22.8
10 398
32.2
13 305
35.0
17 318
41.1
DKK GBP GRD SEK
– 6 974 289 –
– 24.6 1.0 –
– 14 352 – –
– 49.5 – –
– 6 862
– 21.2
54 6 180
0.1 16.3
– 7 175
– 17.0
–
–
–
–
442
1.1
Total Pre-in
7 263
25.6
14 352
49.5
6 862
21.2
6 234
16.4
7 617
18.1
Total
18 909
66.7
20 959
72.3
17 261
53.4
19 539
51.4
24 935
59.2
of which: fixed of which: floating
17 709 1 201
62.5 4.2
20 266 694
69.9 2.4
16 985 275
52.6 0.9
17 390 2 149
45.7 5.7
22 396 2 539
53.2 6.0
Outside the European Union AUD CAD CHF CZK HKD HUF JPY NOK NZD PLN SKK TWD USD ZAR
244 14 622 85 514 49 753 190 45 – 66 179 6 447 217
0.9 0.0 2.2 0.3 1.8 0.2 2.7 0.7 0.2 – 0.2 0.6 22.8 0.8
– – 641 111 524 – 182 – – 93 – 390 5 975 126
– – 2.2 0.4 1.8 – 0.6 – – 0.3 – 1.3 20.6 0.4
117 – 204 16 413 79 379 50 – 209 – 313 13 092 171
0.4 – 0.6 0.0 1.3 0.2 1.2 0.2 – 0.6 – 1.0 40.5 0.5
1 284 – – 232 161 139 1 245 250 50 162 – 458 14 383 109
3.4 – – 0.6 0.4 0.4 3.3 0.7 0.1 0.4 – 1.2 37.8 0.3
470 – 161 678 122 339 2 201 226 – 156 94 180 12 375 153
1.1 – 0.4 1.6 0.3 0.8 5.2 0.5 – 0.4 0.2 0.4 29.4 0.4
Total
9 425
33.3
8 042
27.7
15 044
46.6
18 473
48.6
17 155
40.8
of which: fixed of which: floating
9 338 87
33.0 0.3
8 042 –
27.7 –
14 728 316
45.6 1.0
17 799 674
46.8 1.8
16 455 699
39.1 1.7
TOTAL
28 334
100.0
29 002
100.0
32 305
100.0
38 012
100.0
42 090
100.0
of which: fixed of which: floating
27 046 1 288
95.5 4.5
28 308 694
97.6 2.4
31 713 591
98.2 1.8
35 189 2 823
92.6 7.4
38 852 3 238
92.3 7.7
Medium and long-term operations – Public borrowing operations – Private borrowing operations of which medium-term notes
26 730 1 604 8 709
94.3 5.7 30.7
28 027 974 6 394
96.6 3.4 22.0
31 161 1 144 5 845
96.5 3.5 18.1
34 505 3 507 12 370
90.8 9.2 32.5
39 532 2 558 18 321
93.9 6.1 43.5
2. Euro debt exchange offer programme
961 (1)
–
–
–
–
GRAND TOTAL
29 295
29 002
32 305
38 012
42 090
1. Resources borrowed
(*) Euro-12 as from 2001 with integration of the GRD. (1) EUR FRF ITL.
44 – EIB Group
Table R
Borrowings signed (after swaps) from 1999 to 2003 (EUR million) 2001
2000
1999
2003
2002
amount
%
amount
%
amount
%
amount
%
amount
%
European Union EUR
12 422
43.8
12 366
42.6
21 535
66.9
22 441
59.0
22 931
54.7
Total Euro-11 (*)
12 422
43.8
12 366
42.6
21 535
66.9
22 441
59.0
22 931
54.7
DKK GBP GRD SEK
186 6 974 15 60
0.7 24.6 0.1 0.2
108 11 105 – 185
0.4 38.2 – 0.6
31 6 971
0.1 21.7
135 6 227
0.4 16.4
– 7 393
– 17.6
60
0.2
362
1.0
659
1.6
Total Pre-in
7 236
25.5
11 398
39.3
7 062
22.0
6 724
17.7
8 052
19.2
Total
19 658
69.3
23 764
81.8
28 597
88.9
29 165
76.7
30 983
73.9
of which: fixed of which: floating
4 641 15 017
16.4 53.0
4 200 19 564
14.5 67.4
5 930 22 667
18.4 70.5
5 525 23 640
14.5 62.2
266 30 716
0.6 73.3
622 85 49 – – – – 7 825 116
2.2 0.3 0.2 – – – – 27.6 0.4
641 139 – 363 78 52 – 3 891 110
2.2 0.5 – 1.2 0.3 0.2 – 13.4 0.4
204 23 – 541 – 142 111 2 484 69
0.6 0.1 – 1.7 – 0.4 0.3 7.7 0.2
– 407 105 – 65 13 – 8 231 30
– 1.1 0.3 – 0.2 0.0 – 21.7 0.1
161 521 270 – – 174 94 9 665 44
0.4 1.2 0.6 – – 0.4 0.2 23.1 0.1
Total
8 697
30.7
5 274
18.2
3 575
11.1
8 851
23.3
10 928
26.1
of which: fixed of which: floating
1 865 6 833
6.6 24.1
832 4 442
2.9 15.3
424 3 151
1.3 9.8
– 8 851
– 23.3
– 10 928
– 26.1
TOTAL
28 355
100.0
29 038
100.0
32 172
100.0
38 016
100.0
41 911
100.0
of which: fixed of which: floating
6 506 21 850
22.9 77.1
5 032 24 006
17.3 82.7
6 354 25 818
19.8 80.2
5 525 32 491
14.5 85.5
266 41 645
0.6 99.4
Medium and long-term operations – Public borrowing operations – Private borrowing operations of which medium-term notes
26 743 1 613 8 709
94.3 5.7 30.7
28 064 974 6 394
96.6 3.4 22.0
31 033 1 139 5 845
96.5 3.5 18.2
34 445 3 570 12 370
90.6 9.4 32.5
39 353 2 558 18 129
93.9 6.1 43.3
2. Euro debt exchange offer programme
961 (1)
–
–
–
–
GRAND TOTAL
29 317
29 038
32 172
38 016
41 911
1. Resources raised
Outside the European Union CHF CZK HUF JPY NOK PLN SKK USD ZAR
(*) Euro-12 as from 2001 with integration of the GRD. (1) EUR FRF ITL.
Table S
Medium and long-term resources raised in ECU/EUR from 1982 to 2003 (Amounts in millions)
Fixed-rate Year
Before swaps
After swaps
1981-1997 1998 1999 2000 2001 2002 2003
12 3 11 6 10 12 16
12 2 2 1 4 5
Total
73 976
710 500 253 507 368 980 658
Floating-rate
Raised
Total raised
A/B
After swaps
in ECU/EUR (A)
(B)
as %
671 098 355 038 172 016 911
8.8 11.8 43.8 42.6 66.9 59.0 54.7
365 261
30.1
260 850 155 742 161 040
2 375 704 10 267 10 624 17 374 17 401 22 931
28 209
81 675
14 3 12 12 21 22 22
635 554 422 366 535 441 931
109 884
From 1997 to 1998, euro-denominated issues with issue price and coupon initially payable in ECU. Euro introduced as from 1999.
Projects financed and statistics 2003 – 45
165 30 28 29 32 38 41
Table T
Borrowings signed in 2003 – Breakdown by currency before/after swaps (EUR million)
After swaps
Before swaps
Swaps
Amount
%
Amount
Amount
%
European Union
24 935
59.2
6 048
30 983
73.9
EUR DKK GBP SEK
17 318 – 7 175 442
41.1 – 17.0 1.1
5 613 – 218 217
22 931 – 7 393 659
54.7 – 17.6 1.6
7 617
18.1
435
8 052
19.2
Outside the European Union
17 155
40.8
-6 226
10 928
26.1
AUD CHF CZK HKD HUF JPY NOK PLN SKK TWD USD ZAR
470 161 678 122 339 2 201 226 156 94 180 12 375 153
1.1 0.4 1.6 0.3 0.8 5.2 0.5 0.4 0.2 0.4 29.4 0.4
-470
– 161 521 – 270 – – 174 94 – 9 665 44
– 0.4 1.2 – 0.6 – – 0.4 0.2 – 23.1 0.1
TOTAL
42 090
100
-179 (1)
41 911
100
– of which: fixed – of which: floating
38 852 3 238
92.3 7.7
-38 585 (2) 38 406 (2)
266 41 645
0.6 99.4
MEDIUM AND LONG-TERM OPERATIONS
Total Pre-in
-157 -122 -68 -2 201 -226 17 -180 -2 710 -109
(1) Exchange adjustments; (2) After fixed/reverse floaters.
Table U
Borrowings signed (before swaps) in 2003 under medium-term note or debt issuance programmes (excluding EARNs) (Amounts in millions)
Number of transactions
Total European Union
65 48 16 1
Total outside the European Union
280
46 – EIB Group
EUR
EUR GBP SEK
4 118 3 718 500
9 611 4 118 5 439 54
AUD CZK HKD HUF JPY NOK PLN SKK USD ZAR
800 554 000 000 550 700 700 903 599 300
215 1 22 1 12 115 3 6 5 41 9
Total
Currency
8 709 21 1 87 194 1 3 5 1
470 678 122 339 1 481 226 156 94 4 990 153 18 321
Conversion rates The conversion rates used by the EIB during each quarter for recording statistics of its financing operations contract signatures and disbursements - as well as of its borrowings are those obtaining on the last working day of the previous quarter; in 2003, these were as follows:
1 euro=
EUR
Austrian Schilling Belgian franc Deutsche Mark Spanish peseta Finnish markka French franc Greek drachma Irish pound Italian lira Luxembourg franc Netherlands guilder Portuguese escudo
ATS BEF DEM ESP FIM FRF GRD IEP ITL LUF NLG PTE
13.7603 40.3399 1.95583 166.386 5.94573 6.55957 340.750 0.787564 1 936.27 40.3399 2.20371 200.482 31.12.2002
31.03.2003
30.06.2003
30.09.2003
1st quarter 2003
2nd quarter 2003
3rd quarter 2003
4th quarter 2003
Community currencies PRE-IN Danish krone Pound sterling Swedish krona
DKK GBP SEK
7.4288 0.6505 9.1528
7.4264 0.6896 9.2608
7.4299 0.6932 9.2488
7.4256 0.6986 8.9625
Non-Community currencies Australian dollar Canadian dollar Swiss franc Czech koruna Estonian kroon Hong Kong dollar Hungarian forint Japanese yen Norwegian krone New Zealand dollar Polish zloty Slovakian krone New Taiwan dollar United States dollar South African rand
AUD CAD CHF CZK EEK HKD HUF JPY NOK NZD PLN SKK TWD USD ZAR
1.8556 1.655 1.4524 31.577 15.6466 8.1781 236.29 124.39 7.2756 1.9975 4.021 41.503 36.448 1.0487 9.0094
1.8076 1.6037 1.4764 31.947 15.6466 8.4975 246.35 129.18 7.8995 1.9721 4.42 41.388 37.859 1.0895 8.6356
1.7116 1.5506 1.5544 31.572 15.6466 8.911 266.61 137.32 8.2935 1.9569 4.4775 41.55 39.555 1.1427 8.5422
1.7101 1.5717 1.5404 31.844 15.6466 9.0254 254.96 128.8 8.184 1.9538 4.6227 41.165 39.44 1.1652 8.1393
The EIB wishes to thank the following promoters and agencies for the photographs illustrating this report: Interuniversity Microelectronics Center (IMEC) (p. 4), Elsam A/S (pp. 2, 4), Joachim Donath/Berliner Verkehrsbetriebe (BVG) (p. 5), PhotoDisc (pp. 6, 17, 24, 25), EIB Photographic Library (pp. 1, 7, 9, 10, 12, 13, 20, 21, 22, 23, 24), Gestor de Infraestructuras Ferroviarias (p. 8), Snecma (p. 10), Enel S.p.A. (p. 11), Imagesource (p. 12), Philips (p. 13), BRISA Auto-estradas de Portugal S.A. (p. 14), Technopolis Oyj (p. 15), Port of Göteborg AB (p.16), QA Photos/Rail Link Engineering (p. 16), Iconotec (p.18), European Commission (p. 19), Image Ideas (p. 26), Imagemore (pp. 27, 28)
For further information on EIB activity, please consult our website (www.eib.org) which contains a regularly updated complete list of projects. You may also contact the Info-Desk, Information and Communications Department, 3 (+352) 43 79-3122, 5 (+352) 43 79-3191.
Projects financed and statistics 2003 – 47
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48 – EIB Group
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[email protected]
QHAC04001ENC
© EIB – 03/2004 – EN
ISSN 1681-4126
