Statement on CTT - Correios de Portugal, S.A.'s 2003 Cost Accounting System for the Purposes of Article 19, Item 2 of Law no. 102/99 of 26 July
i) CTT - Correios de Portugal, S.A., as a universal service provider, must in accordance with Article 19, Item 1 of Law no. 102/99 of 26 July (Basic Postal Service Law) have a cost accounting system to determine direct and indirect revenues and expenses derived from all reserved and non-reserved services and to distinguish between expenses for basic activities associated with postal services (collection, handling, transportation and distribution of postal items);
ii) CTT - Correios de Portugal, S.A., must in accordance with Article 2, Item 3, Section a) of the Universal Postal Service Pricing Agreement of 21 December 2000 have a cost accounting system to determine expenses associated with each service and, within a given service, expenses associated with the various means of providing the service as well as with the different stages of the production process (pick-up, handling, transportation and distribution);
iii) ICP - Autoridade Nacional de Comunicações (ANACOM) proposed an audit of the 2003 cost accounting system results;
iv) This audit was conducted by an organization independent from CTT - Correios de Portugal, S.A.;
v) Following the aforementioned audit, the auditors produced a statement asserting that CTT - Correios de Portugal, S.A.'s cost accounting system, which operated for a period of one year ending on 31 December 2003, is in compliance, in all materially relevant aspects, with regulations under applicable legislation,
ANACOM hereby declares that, for the purposes of Article 19, Item 2 of Law no. 102/99 of 26 July, CTT - Correios de Portugal, S.A.'s cost accounting system results for the year 2003 were produced in compliance with applicable legal and regulatory provisions.
- Notice of 22.06.2005, published on 4 of July https://www.anacom.pt/render.jsp?contentId=980704