INFORMATION ON THE COMPANY 05 CAPITAL EXPENDITURES
PROJECTED OF INVESTMENT PROGRAMME FOR THE PARIS- CHARLES DE GAULLE PLATFORM (REGULATED SCOPE) Over the 2016-2020 period, the planned investment programme within the regulated scope for Paris-Charles de Gaulle airport totals €1,730 million (in 2017 euros from 2017 forward). It includes in particular: ◆ a renovation project for terminals 2B and 2D and a link between the two terminals which will provide new areas in 2B and pool passenger processes (security check and luggage delivery). The project must enable the entire 2BD complex to adapt to the expected increase in international medium- and long-haul traffic, notably via the increase in wide-body capacity, which is currently saturated; ◆ the building of a link between the international satellites in terminal 1 to increase capacity for international long-haul traffic, adapt the terminal to evolving airline fleets and improve the customer experience (construction of new boarding lounges, increase in the size of existing boarding areas and rebuilding of satellite 2); ◆ the creation of a global luggage conveyor, sorting and security system in halls L and M of terminal 2E to deliver local and transit luggage from the same container loading position, thereby creating significant synergies for both loading tasks (baggage handler productivity) and for delivery to the aircraft (optimisation of delivery personnel rounds); ◆ due to its age, renovation of runway 2 (dual South runway), carried out together with the upgrading of the platform’s runways according to the European standards defined by the European Aviation Safety Agency (EASA) including: ◆ the widening of taxiway turns, and ◆ the creation of safety areas at the end of the runways, and ◆ the upgrading of the wastewater management and treatment systems for wintertime, in line with the quantitative and qualitative disposal criteria set by regulations. PROJECTED INVESTMENT PROGRAMME FOR THE PARIS- ORLY PLATFORM (REGULATED SCOPE) Over the 2016-2020 period, the planned investment programme within the regulated scope for the Paris-Orly platform totals €1,059 million (in 2017 euros from 2017 forward). It includes: ◆ completion of the “Paris-Orly Nouvel Envol” project, which began during 2011-2015 ERA, and includes: ◆ completion of the extension to the East boarding lounge of the South terminal, ◆ construction of a connecting building between the two existing terminals, ◆ extension of the international baggage claim area at the South terminal. This work will significantly improve quality of service and support the growth expected at the platform; ◆ renovation of runways 3 and 4, carried out together with the upgrading of the airport’s runways according to the European standards defined by the EASA including the: ◆ the widening of taxiway turns, and ◆ the creation of safety areas at the end of the runways. PROJECTED INVESTMENT PROGRAMME FOR THE PARIS-LE BOURGET PLATFORM (REGULATED SCOPE) Over the 2016-2020 period, the planned investment programme within the regulated scope for the Paris-Le Bourget platform totals €40 million (in 2017 euros from 2017 forward). This will primarily provide for the renovation of Runway 03/21 and the reconstruction of buildings.
PROJECTED CROSS-FUNCTIONAL PURCHASE PROGRAMME (REGULATED SCOPE) Over the 2016-2020 period, the planned investment programme within the regulated scope totals €115 million (in 2017 euros from 2017 forward) in Group-wide capital improvements, including computer software. Projected investment programme for retail and real estate activities INVESTMENT PROGRAMME FOR RETAIL ACTIVITIES FROM 2016 TO 2020 Aéroports de Paris SA plans to invest €676 million in retail operations (in 2017 euros from 2017 forward) between 2016 and 2020, of which €135 million is allocated to special operations with a strong leverage effect including: ◆ the redesign of the international area of the Paris-Orly South terminal; ◆ phases two and three of the redesign of Hall K in terminal 2E; ◆ refurbishment of hall L terminal 2E; ◆ the connection between the international satellites at Paris Charles- de-Gaulle terminal 1; ◆ the redesign of the public area of Paris-Charles de Gaulle terminal 1. INVESTMENT PROGRAMME FOR DIVERSIFICATION REAL ESTATE ACTIVITIES FROM 2016 TO 2020 The 2016-2020 Aéroports de Paris SA investment programme includes €474 million (in 2017 euros from 2017 forward) in real estate diversification investments including: ◆ the building of a new Aéroports de Paris registered office at Paris- Charles de Gaulle; ◆ the acquisition of the North part of the “ le Dôme ” office building in Roissypôle; ◆ the rehabilitation of the train station (RER) in Roissypôle; ◆ renovation of the Orlytech zone. Projected investment programme for Safety and Security from 2016 to 2020 Aéroports de Paris’s 2016-2020 investment programme plans for €543 million (in 2017 euros as from 2017) of Safety and Security investments, primarily for the purchase of standard 3 hold baggage screening systems to comply with European regulations. TAV Airports investment programme The investments of TAV Airports amounted to €41 million in 2017, of which €18 million since 7 July 2017. In 2018, the group expects to invest approximately €80 million. Contractual commitments for fixed asset acquisition Contractual obligations for fixed asset acquisitions totalled €845 million on 31 December 2017:
◆ €380 million for capacity investments; ◆ €166 million for restructuring investments; ◆ €147 million for renovation and quality investments; ◆ €93 million for security investments;
◆ €20 million for investments related to real estate developments; ◆ €40 million for investments for design and technical monitoring costs.
AÉROPORTS DE PARIS REGISTRATION DOCUMENT 2017
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