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

NOTE 8 OTHER PROVISIONS AND OTHER NON-CURRENT LIABILITIES

8.1

Other provisions

Other provisions set up by Groupe ADP concern essentially commercial and social litigation, as well as country, tax and environmental risks. A provision is recognized as soon as a liability of uncertain timing or amount occurs A provision is recognized when the three following conditions are satisfied:

◆ the Group has a present legal or constructive obligation resulting from a past event; ◆ it is probable that future outflows of resources embodying economic benefits will be necessary to settle the obligation; and ◆ the amount of the obligation can be estimated reliably.

Other provisions evolved as follows:

Litigation and claims

Other provisions

Litigation and claims

Other provisions

2017

2016

(in millions of euros)

Provisions as at 1 January

15 10

54 55

69 65

19

64 20 20

83

Increases

1 1

21 21

 Additions

3

13

16

 Increase due to changes in consolidation scope

-

22

22

-

-

-

Decreases

(11)

(34)

(45)

(5)

(30)

(35) (16) (19)

 Provisions used

-

(7) (7)

(7)

(1)

(15) (15)

 Provisions reversed

(11)

(18)

(4)

 Decrease due to changes in consolidation scope

- -

(1)

(1)

- -

- -

- -

 Other changes

(19)

(19)

Provisions at closing Of which  Non-current portion

14

75

89

15

54

69

14

42 33

56 33

15

31

46 23

 Current portion

-

-

23

Provisions for disputes relate to various supplier, employee and commercial issues.

Other provisions include in particular provisions for customer and supplier risks. Information on contingent liabilities is disclosed in note 15.

8.2 Other non-current liabilities

20

Items presented as other non-current liabilities include : ◆ Investment subsidies. In compliance with the option offered by IAS 20, these subsidies are recorded as liabilities and are are transferred to the income statement as the associated assets are amortized; ◆ Concession rent payable for concessions operated by TAV Airports; ◆ Revenues from contracts accounted as deferred income;

◆ Debt related to the minority put option. In compliance with IAS 32, this debt is initially measured at the present value of the option exercise price. The counterpart of this debt is a decrease in the carrying value of the minority interets. The difference between the present value of the option exercise price and the carrying value is recorded in shareholder’s equity – Group share under other reserves. Subsequently, this debt is revalued by an offsetting entry in the income statement at the end of each period.

199

AÉROPORTS DE PARIS  REGISTRATION DOCUMENT 2017