ADP_REGISTRATION_DOCUMENT_2017

FINANCIAL INFORMATION ON ASSETS, FINANCIAL POSITION AND RESULTS

RESEARCH AND DEVELOPMENT, PATENTS AND LICENCES

INFORMATION CONCERNING TRENDS

PROFIT FORECASTS

ADMINISTRATION AND EXECUTIVE MANAGEMENT BODIES

COMPENSATION AND BENEFITS OF CORPORATE OFFICERS

FUNCTIONING OF THE BOARD OF DIRECTORS AND MANAGEMENT BODIES

SOCIAL, ENVIRONMENTAL AND SOCIETAL RESPONSIBILITY INFORMATION

MAIN SHAREHOLDERS

OPERATIONS WITH RELATED PARTIES

4.4 Trade receivables and related accounts Trade receivables and related accounts break down as follows:

As at 31 Dec. 2017

As at 31 Dec. 2016

(in millions of euros)

Trade receivables

637

564

Guaranteed passenger fee receivable < 1 year 1

20 54

-

Doubtful receivables

41

Accumulated impairment

(70)

(57) 548

NET AMOUNT

641

1 see note 6.1.1.

Receivables being unusually overdue are individually analysed and can lead to depreciation according to the risk assessed and to the financial status of the customer. On the basis of historical default rates, the Group

estimates that no additional depreciation or loss in value needs to be posted for receivables due or non-depreciated.

Impairment evolved as follows:

As at 31 Dec. 2017

As at 31 Dec. 2016

(in millions of euros)

Accumulated impairment at beginning of period

(57) (15)

(76)

Increases Decreases

(7) 26

11 7

Translation adjustments

- - -

Change in consolidation scope

(15)

Other changes

(1)

Accumulated impairment at closing of period

(70)

(57)

4.5 Current operating expenses

Current operating expenses are reported according to their nature and comprise raw material and consumables used, external services and charges, taxes other than income taxes and other operating charges. With regards to taxes, the Group considers that the company value-added contribution ( Cotisation sur la Valeur Ajoutée des Entreprises –CVAE) cannot be analyzed as an income tax.

4.5.1 Raw materials and consumables used Raw materials and consumables used are detailed as follows:

2017 (54) (29)

2016 (31) (25) (16)

(in millions of euros)

20

Cost of goods

Electricity

Studies, research and remuneration of intermediaries

(19) (12) (12)

Gas and other fuels Operational supplies

(8)

(12) (4)

Winter products

(8) (8)

Operating equipment and works

(2)

Other purchases

(23)

(15)

TOTAL

(165)

(113)

179

AÉROPORTS DE PARIS  REGISTRATION DOCUMENT 2017