ADP_REGISTRATION_DOCUMENT_2017

FINANCIAL INFORMATION ON THE ASSETS, FINANCIAL POSITION AND CONSOLIDATED FINANCIAL STATEMENTS 20 GROUPE ADP CONSOLIDATED FINANCIAL STATEMENTS AS OF 31 DECEMBER 2017

11.4 Deferred tax assets and liabilities broken down by category Deferred tax assets and liabilities are presented on the balance sheet as follows:

As at 31 Dec. 2017

As at 31 Dec. 2016

(in millions of euros)

In respect of deductible temporary differences  Employee benefit obligation

123

137

 Amortisation of fees for the study and overseeing of works

12

15 14

 Provisions and accrued liabilities

23 43

 Other

3

For taxable temporary differences  Accelerated tax depreciation and other regulated provisions

(319)

(342)

 Finance leases

(6) (8)

(7) (8) (2) (8)

 Revaluation reserves

 Purchase Price Allocation

(175)

 Other

(61)

Net deferred tax assets (liabilities)

(368)

(198)

11.5 Table of changes in deferred tax assets and liabilities Deferred tax assets and liabilities evolved as follows between the beginning and the end of the period:

Assets

Liabilities

Net amount

(in millions of euros)

As at 1 Jan. 2017

-

198

(198)

Amount recognized directly through equity on employee benefit obligations

-

4

(4)

Amounts recognized for the period

(33)

(40)

7

Translation adjustments

(1) 35

-

(1)

Changes in consolidation scope

207 369

(172) (368)

As at 31 Dec. 2017

1

11.6 Current tax assets and liabilities Current tax assets correspond to the amount to be recovered from the tax authorities. Current tax liabilities correspond to the amounts remaining to be paid to these authorities. These tax assets and liabilities appear as follows:

As at 31 Dec. 2017

As at 31 Dec. 2016

(in millions of euros)

Current tax assets Aéroports de Paris SA and tax-consolidated companies

55

- - -

Other consolidated entities

4

TOTAL

59

Current tax liabilities Aéroports de Paris SA and tax-consolidated companies

1

3 5 8

Other consolidated entities

24 25

TOTAL

The Group has no knowledge of any contingent tax assets or liabilities as of 31 December 2017.

216

AÉROPORTS DE PARIS  REGISTRATION DOCUMENT 2017