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
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