
Article 1 
The state aid scheme NN 61/2004 implemented by Spain is compatible with the internal market within the meaning of Article 107(3)(c) TFEU and has been correctly implemented, in compliance with the Commission decision in case NN 61/2004.
Article 2 
This Decision is addressed to the Kingdom of Spain.
Done at Brussels, 9 July 2014.
For the Commission
Joaquín ALMUNIA
Vice-President
ANNEX
Bioethanol production costs in Spain
EUR /1 000 litres 2004 2005 2006 2007 2008 2009 2010 2011 2012
Raw materials (+) […] […] […] […] […] […] […] […] […]
Labour (+) […] […] […] […] […] […] […] […] […]
Depreciation (+)
Variable and financial costs (+) […] […] […] […] […] […] […] […] […]
Transport and distribution (+) […] […] […] […] […] […] […] […] […]
Revenues from by-products (–) […] […] […] […] […] […] […] […] […]
Direct aid (–) […] […] […] […] […] […] […] […] […]
Total production costs  603 692 672 582 602 581 510 688 763
Production margin (5 %) (+) 30 35 34 29 30 29 26 34 38
Diff. energy content adjustment factor (+) 329 378 367 318 329 317 278 376 417
Total bioethanol costs (before tax) (B) 962 1 104 1 073 929 961 927 814 1 098 1 218
95 I.O. petrol costs (before tax) (P) 351,8 427,0 483,3 497,0 560,8 436,7 555,4 674,6 741,0
Maximum compensation margin (M)=(B)–(P) 610,6 677,4 589,2 431,9 400,0 490,6 258,6 423,4 476,7
Excise duty on mineral oils (IEH) (IEH) 371,7 371,7 371,7 371,7 371,7 371,7 400,7 400,7 400,7 400,7
Under-compensation (I) (I)=(M)–(IEH) 238,9 305,74 217,52 60,18 28,3 118,89 89,89 -142,13 22,76 76,06

Source: Spanish authorities
Biodiesel production costs in Spain
EUR /1 000 litres 2004 2005 2006 2007 2008 2009 2010 2011 2012
Raw materials (+) […] […] […] […] […] […] […] […] […]
Labour (+) […] […] […] […] […] […] […] […] […]
Depreciation (+)
Variable and financial costs (+) […] […] […] […] […] […] […] […] […]
Transport and distribution (+) […] […] […] […] […] […] […] […] […]
Revenues from by-products (–) […] […] […] […] […] […] […] […] […]
Direct aid (–) […] […] […] […] […] […] […] […] […]
Total production costs  553 744 710 762 992 733 791 917 918
Production margin (5 %) (+) 28 37 36 38 50 37 40 46 46
Diff. energy content adjustment factor (+) 52 70 67 72 94 69 75 87 87
Total biodiesel costs (before tax) (B) 633 852 813 872 1 135 839 905 1 050 1 051
Gas oil A costs (before tax) (P) 355,0 476,0 521,7 524,9 672,8 459,0 576,5 727,9 785,5
Maximum compensation margin (M)=(B)–(P) 277,9 375,5 290,9 347,2 462,5 379,9 379,9 328,8 321,6 265,2
Excise duty on mineral oils (IEH) 269,86 269,86 269,86 278 278 278 307 307 307 307
Under-compensation (I) (I)=(M)-(IEH) 8,05 105,65 21,04 69,21 184,54 101,92 72,92 21,8 14,61 -41,85

Source: Spanish authorities