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
5.8 Financial income Financial income in 2018 amounted to €49 million and includes:
2018
2017
(in millions of euros)
Income from investments Swap interest income Other financial income
57
109
9
9
41
23
Financial income Interest on loans
106
141
(114)
(108)
Swap interest charges Other financial expenses Financial expenses FINANCIAL INCOME
(6)
(6)
(35)
(37) (151) (10)
(155) (49)
Financial income amounts to €106 million and mainly comprises: ◆ dividends received (€57 million), of which €37 million for the share of the holding in Tank Alpha and €12 million for Schiphol; ◆ interest income from swaps amounting to €9 million. Other financial income is mainly made up with: ◆ reversal of impairment on Tank Alpha securities in the amount of €3 million; ◆ reversal of impairment on current account of the Cœur d’Orly Investissement of €7 million;
Financial expenses for the 2018year primarily comprise interest on borrowings and swaps amounting to €120 million. The change in this type of expenses is consistent with the variation in borrowings and debt swaps (see Note 6.9 “Financial debt”). Other Financial expenses contains: ◆ impairment of €8 million on ADP International securities; ◆ net impairment of the Cœur d’Orly Investissement securities of €6 million; ◆ impairment of other securities of €4 million; ◆ impairment of other EPIGO receivables of €3 million; ◆ exchange losses amounting to €2 million.
◆ exchange gains amounting to €9 million; ◆ interest on current accounts of €8 million.
Breakdown of Group 1 and non-Group net financial income
Other financial income and expenses
Amortisation and reversal of provisions
Income from investments
Total
(in millions of euros)
TANK Holding ÖW Schiphol Group ADP International
-
- -
- -
-
12
12
- -
(8)
4
(4)
SAS Coeur d’Orly Investissement
1
- -
1
20
Hub One
2
-
2
TANK ÖWA alpha GmbH
37
3
12
52
Média ADP
2 3
-
-
2 2
Others
(3) (6)
1
Group Financial result Net financial income
56
18
68
- - -
- - -
- - -
(111)
Other financial income and expenses Financial result outside the Group
(6)
(117) (49)
FINANCIAL INCOME
-
-
-
1 Here, the Group encompasses all subsidiaries and shareholdings held by Aéroports de Paris SA.
269
AÉROPORTS DE PARIS ® REGISTRATION DOCUMENT 2018
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