This regulation has been drawn up subsequently to the designation of CNPR as a universal service provider in the postal service field for a 5-year period, respectively from 1 January 2020 to 31 December 2024. According to the designation decision, CNPR has the obligation to implement and develop an internal cost accounting system sufficiently detailed to identify the cost of the individual provision of the postal services within the scope of universal service and to itemize activities within the scope of universal service as distinct from those outside the scope of universal service.
Methodology for developing the separate accounting system
This methodology will describe the methods, the principles, the hypotheses and the data sources used in drawing up the separate financial statements.
The methodology will present the services included within each of the 3 business segments, respectively services outside the scope of universal service, other postal services, other non-postal services. Furthermore, the methodology will lay down the general accounting principles and policies, as well as the principles for individualizing the income and expenditure within the profit and loss account, respectively for itemizing the assets and the debts in the balance sheet.
Separate financial statements
Based on the Methodology, CNPR will annually draw up separate financial statements including the average capital employed per business segment, the income, the operational expenditure, and the detailed statements regarding the unit costs, the revenues and the profitability for each of the postal services within the scope of universal service, the status of direct, indirect and joint costs, itemized for each of the services within the scope of universal service and respectively for the services outside the scope of universal service and the reconciliation between the profit and loss account in the separate financial statements and the statutory profit and loss account.
The value of the weighted average cost of capital for the services within the scope of universal service will be set by ANCOM. The separate financial statements will be audited by an independent auditor, and the audit report will be sent to ANCOM along with the separate financial statements.
Public consultation
The Draft Decision regarding the requirements for drawing up and auditing the separate financial statements by The National Company Romanian Post is available, in Romanian, here. The interested persons are invited to submit their comments and suggestions, by 23.03.2020, at the ANCOM headquarters (2 Delea Noua Street, Bucharest 3), directly to the ANCOM Registry Office or by means of ANCOM’s regional divisions. Comments may also be sent by fax to +40 372 845 402 or by e-mail to consultare@ancom.org.ro.
Additional information
The postal services within the scope of universal service are: a) clearance, sorting, transport and delivery of domestic and cross-border postal items up to (including) 2 kg, dealing with items of correspondence (except for bulk items of correspondence), printed matter (except for bulk printed matter) and small packages (as they are provided in the Universal Postal Convention and the Letter Post Regulations, except for bulk small packages); b) clearance, sorting, transport and delivery of domestic and cross-border postal parcels up to (including) 10 kg, except for bulk parcels; c) distribution of postal parcels between 10 kg and (including) 20 kg, sent from abroad to an address on the Romanian territory; d) the service for registered items dealing with domestic and cross-border postal items up to (including) 2 kg provided at letter a) above; e) the service for insured items dealing with domestic and cross-border postal items up to (including) 2 kg provided at letters a), b) and c); f) clearance, sorting, transport and delivery of domestic and cross-border cecograms and g) delivery of the pay slips for social welfare rights and of the information documents issued by the National House of Pensions to the beneficiaries’ domicile, where they have chosen payment to their current or card account, irrespective of the number of postal items within the scope of this service.
Access to universal service is the right of every person to benefit from the uninterrupted provision of basic postal services, at a certain quality level, at any point throughout Romania, and at affordable tariffs for all users.
Thorough information on the USP designation procedure is available, in Romanian, here.
