Regarding the pounds 604 "funding deficit", I have calculated, from UK government figures, that over pounds 500 is due to the private finance initiative scheme used in England, but rejected in Wales, where capital expenditure is transferred to current expenditure (ie, in this case, taken directly from pupil education to pay huge guaranteed dividends
to largely American investors).
71 in respect of guaranteed dividends
arising from the domination agreement for the period from 1 January 2001 to 31 March 2002.
In other words, in exchange for accepting diluted voting power, the Mitsui Group was entitled to additional, guaranteed dividends
The terms and conditions of the domination and profit transfer agreement, in particular the amount of the adequate guaranteed dividends
for the minority shareholders and the amount of the adequate cash compensation for those minority shareholders, who choose to sell their shares in BERU AG to BorgWarner Germany GmbH against cash compensation, will be determined and agreed upon within the next months.