PostNL submits application for net cost compensation
4 July 2012 at 08:30 CET - The Hague – PostNL has submitted an application with the Dutch Independent Post and Telecommunication Authority (OPTA) for compensation of the net costs of the universal service obligation (USO) for 2011. This involves, among others, costs incurred by PostNL to meet the statutory obligation for six-day delivery, retaining 19,000 mail boxes and an extensive network of post offices.
The Postal Directive and the Postal Act 2009 provide for a scheme for compensation for the net costs of the USO. Net costs are caused by the obligation to deliver the services under the USO. PostNL assesses these net costs at €107 to €125 million. The net costs of the USO increase due to decreasing volumes, while the statutory obliged service levels as mentioned above remain the same.
OPTA will review the PostNL application. After determination of the net costs, the costs need to be divided over the postal companies in the Netherlands. As a provider of postal services that also fall outside the USO, PostNL is one of these companies.
The application is based on the 2011 results of PostNL. PostNL does not foresee to adjust the expected results on the basis of this application.
In case of discrepancies between the Dutch and English versions of this press release, the Dutch version will prevail.
About PostNL
PostNL is the inventive partner in the world of sending and receiving. We have been so for 200 years already. We are primarily active in the fields of mail, parcels and e-commerce, but we also offer services in the areas of data and document management, direct marketing and fulfilment. Outside the Netherlands, we are active in Germany, the United Kingdom, Italy, Belgium and Luxemburg. PostNL employs a total of approximately 66,000 people. In 2012 our revenues reached almost € 4.3 billion.
We like to stay ahead of things. We are the most modern postal company in the world. We are proud of that. We are an example to the rest of the world in the automatic sorting of mail, we are the first listed postal company and we are the international champion in corporate responsibility, as leader in our sector in the Dow Jones Sustainability Index 2011.