ADP_REGISTRATION_DOCUMENT_2017

SELECTED FINANCIAL INFORMATION 03 FINANCIAL DEBT

3.3

FINANCIAL DEBT

2017 5,911

2016

2015 restated

(in millions of euros)

Financial debt

4,484

4,483

Derivative financial instruments (liabilities)

54

20

19

Gross financial debt

5,965

4,504

4,502

Derivative financial instruments (assets)

(27) (90)

91

(96) (55)

Receivables and current accounts from associates

(58)

Cash and cash equivalents Restricted bank account 1

(1,912)

(1,657)

(1,734)

(189)

-

-

Debt related to the minority put option

50

11

11

Net financial debt

3,797

2,709

2,628

Net financial debt / EBITDA

2.42 70%

2.27 63%

2.21

Net financial debt / equity (gearing) 64% 1 The current portion of bank loans includes the bank loans of TAV Tunisia. Having failed to comply with the financing agreements because of its current difficulties following the events in Tunisia in 2015, TAV Tunisia’s bank loans are presented as current liabilities in the amount of €342 million as of 31 December 2017.

12

AÉROPORTS DE PARIS  REGISTRATION DOCUMENT 2017

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