Aéroport de Paris - 2018 Registration document

FINANCIAL INFORMATION ON THE ASSETS, FINANCIAL POSITION AND CONSOLIDATED FINANCIAL STATEMENTS AT 31 DECEMBER 2018

RESEARCH AND DEVELOPMENT, TRADEMARKS 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 14 OFF-BALANCE SHEET COMMITMENTS

14.1 Minimum lease payments Futhermore, the future minimum lease payments receivable for Aéroports de Paris SA as a lessor on existing contracts as at 31 December 2018 are as follows:

Total As at 31 Dec., 2018

0 -1 year

1 -5 years

Over 5 years

(in millions of euros)

Minimum lease payments receivable

3,359

330

1,026

2,002

The future minimum lease payments payable for Aéroports de Paris SA as a lessor on existing contracts as at 31 December 2018 are as follows:

Total As at 31 Dec., 2018

0 -1 year

1 -5 years

Over 5 years

(in millions of euros)

Minimum lease payments payable

74

7

28

39

14.2 Backlog

Total As at 31 Dec., 2018

0 -1 year

1 -5 years

Over 5 years

(in millions of euros)

Revenue expected on contracts

23

15

8

-

For the presentation of its backlog, the Group has chosen to apply the simplification proposed by IFRS 15 to exclude contracts with a duration inferior or equal to 12 months. Thus, the revenue expected on contracts presented in the Group backlog amounts to €23 million as of 31 December 2018 and are a result of

◆ a duration of more than 1 year. The backlog corresponds to future revenue linekd to the services remaining to be performed at the reporting date as part of the contracts described above. It includes the income which correspond to only fixed orders from customers. To this extent, are excluded from the backlog the airport fees and ancillary fees considering that these services do not correspond to fixed orders (they are only contractualized to the use of the services by the customer). Additionally, the revenue from airport safety and security services are also excluded, considering that they are validated each year by the DGAC and depend on the costs incurred.

contracts which fulfill the following characteristics: ◆ signed at the closing date with third parties;

◆ whose execution began on the closing date, or, if the contract is not fully performed, where the customer has a right to cancel this contract without penalty payment;

20

14.3 Commitments granted and received Off-balance sheet commitments and contingent assets and liabilities are presented below:

As at 31 Dec., 2018

As at 31 Dec., 2017

(in millions of euros)

Guarantees

495

473

Guarantees on first demand

90

88

Irrevocable commitments to acquire assets

914

845

Other

71

135

COMMITMENTS GRANTED

1,570

1,541

Guarantees

113

133 174

Guarantees on first demand

158

Other

3

11

COMMITMENTS RECEIVED

274

318

243

AÉROPORTS DE PARIS ® REGISTRATION DOCUMENT 2018