Independent journal on economy and transport policy
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The Court of Auditors has approved the 2020 management report of the Western Ligurian AdSP
The institution has received significant extraordinary funding for the implementation of infrastructural interventions
August 2, 2022
Communicating the approval of the 2020 Annual Report of the Ligurian AdSP, the Court of Auditors has found that the pandemic has negatively affected the management of activities and the 2020 budget, with an overall contraction in revenues and a port traffic down by -14.48% for the ports of Genoa, Savona and Vado Ligure. Goods handled in 2020 fell to 57.4 million tons, compared to 67.2 million in 2019, while the passenger traffic, amounting to more than 1.5 million, decreased -65.98% on 2019. In addition, they are down by about 13.4 million euros on 2019 port taxes (-23.45%), with revenues equal to about 43.8 million. By virtue of higher revenues for financing major planned works, the results 2020 accounting officers show, on the one hand, a surplus attributable to over €36 million (compared to the 2019 deficit of €105 million million) and, on the other hand, a surplus of 175 million euros (+30.56% on the 134 million of 2019), of which about 95 (they were 81 in 2019) entirely destined to the program of works 2019-2021. Increasingly on 2019 the significant amount of residues, by virtue of the financing and capital investments, of which - underlined the Court - it is necessary to verify over time effectiveness. Active residues 2020 exceed 302 million of euro, those liabilities amount to 533 (respectively equal to 196 and about 405 million in 2019). Profit for the year is 33 million, slightly up on the 32.5 in 2019. It also increases the shareholders' equity as a result of the economic result, reaching 627 million euros (594 in 2019).
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