ANNEX IIIU.K.Historical activity level for specific benchmarks referred to in Articles 15(8) and [F117(1)(f)]

1.The product-related historical activity level for the baseline period for products to which the refinery product benchmark as referred to in Annex I applies on the basis of the different CWT functions, their definitions, the basis for throughput as well as the CWT factors as listed in Annex II, shall be determined according to the following formula:U.K.

whereby:

HALCWT

:

historical activity level expressed as CWT

TPi,k

:

throughput of the CWT function i in year k of the baseline period

CWTi

:

CWT factor of the CWT function i

TPAD,k

:

throughput of the CWT function ‘Atmospheric Crude Distillation’ in year k of the baseline period