Without prejudice to compliance with the maximum annual price change of the correspondence, editorial mail and parcel basket of services, in case of service modalities that present a negative margin, prices notified by CTT must result in an increase of the margin or, ultimately, in the maintenance of the margin of the service modality (paragraph 5 of article 8).
ICP-ANACOM deems that this provision is not complied with where the margin1 is negative in 2013 (last year for which annual data from CTT’s cost accounting system is available2) and a further deterioration is estimated to occur until 20153. As such:
- 2013 margin < 0, and
- 2013 margin > 2014 margin > 2015 margin.
According to the referred analysis methodology and available information, situations of non-conformity with this rule were not identified.
1 Mark-up compared to revenues.
2 Reported by CTT to ICP-ANACOM by letter received on 17.07.2014. Results the audit to which is currently under way.
3 Using estimates and forecasts presented by CTT for 2014 and 2015, in the scope of the price proposal under analysis, in its letter of 06.02.2015.
