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

5.3 Provisions for employee benefit commitments on the balance sheet Provisions for employee benefit obligations have evolved as follows on the liabilities of the balance sheet:

2017 469

2016 442

(in millions of euros)

Provisions as at 1 January

Increases

56 25

42

 Operating allowances  Financial allowances

21

8

9

 Recognition of actuarial net gains

-

12

Increase due to changes in consolidation scope

23

-

Decreases

(57) (20) (15) (15)

(15) (15)

 Provisions used

 Recognition of actuarial net gains

- - - -

 Reduction/curtailment

Decrease due to changes in consolidation scope

(5) (2)

Other changes

Provisions at 31 December

468 458

469 452

Non-current portion

Current portion

10

17

5.3.1 Best estimate of the contributions to be paid The amount of contributions that the Group believes will need to be paid for the defined benefits plans on the assets side in 2017 is not significant.

NOTE 6 INTANGIBLE ASSETS, TANGIBLE ASSETS AND INVESTMENT PROPERTY

6.1

Intangible assets and property, plant and equipment

Goodwill is not amortizable. In compliance with IAS 36, Impairment of assets, goodwill is subject to an annual impairment test or more frequently if there is objective evidence that an impairment loss has been incurred. An impairment loss is recognized if the recoverable value falls below its carrying value. Impairment loss are irreversible. The identifiable intangible assets acquired in a business combination are measured at fair value. Intangible assets acquired or produced outside of a business combination are measured initially at their historic cost in accordance in accordance with IAS 38, Intangible assets. Other intangible assets are mainly composed of the intangible asset related to Istanbul Atatürk concession (see paragraph below) and contractual relationships recognised as part of the identification and evaluation of the identifiable assets and liabilities of TAV Airports.

Intangible assets include: ◆ airports operation rights (see note 6.1.1); ◆ goodwill generated by business combinations in accordance with the principles outlined in note 3; ◆ patents and licenses; ◆ contractual relationships; ◆ computer software; ◆ usage rights.

20

Software

4 to 10 years 4 to 10 years

Patent and licenses

User right

15 years

Airport operation right 1

Concession agreement period

1 See note 6.1.1.

189

AÉROPORTS DE PARIS  REGISTRATION DOCUMENT 2017