# Directive 2012/34/EU of the European Parliament and of the Council of 21 November 2012 establishing a single European railway area (recast) (Text with EEA relevance), Division 1: Account separation

Extent: E+W+S+N.I.

(a) separate profit and loss accounts and balance sheets for freight, passenger and infrastructure management activities;
(b) detailed information on individual sources and uses of public funds and other forms of compensation in a transparent and detailed manner, including a detailed review of the businesses' cash flows in order to determine in what way these public funds and other forms of compensation have been used;
(c) cost and profit categories making it possible to determine whether cross-subsidies between these different activities occurred, according to the requirements of the regulatory body;
(d) methodology used to allocate costs between different activities;
(e) where the regulated firm is part of a group structure, full details of inter-company payments.

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Source: https://www.legislation.gov.uk/eudr/2012/34/annex/VIII/division/1 (the official version)
Page: https://openlegislation.uk/eu-directive-2012-34/annex-VIII/division-1
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.