Aéroports de Paris - 2019 Universal registration document
OPERATIONS WITH RELATED PARTIES
FINANCIAL INFORMATION ON THE ASSETS, FINANCIAL POSITION AND CONSOLIDATED FINANCIAL STATEMENTS AT 31 DECEMBER 2019
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
ADDITIONAL INFORMATION ON THE SHARE CAPITAL AND PROVISIONS OF THE ARTICLES OF ASSOCIATION
MATERIAL CONTRACTS
SDA
Relay@ADP
(in millions of euros)
Fair value of shares at 50%
A B
31
22
Value of shares accounted for by the equity method as at 1 April 2019 Capital gain recognized related to the sale of the shares in associates 1
4
6
(A-B)
27
16
1 Recognized in Share of profit or loss in associates and joint ventures.
At the date of takeover, the Groupe ADP identified and measured the identifiable assets and liabilities of SDA and Relay@ADP in order to allocate the fair value between these various items. The estimation work is in progress of finalization. The following table presents the first preliminary estimates.
Fair value
(in millions of euros)
Assets and liabilities acquired - at 100%
SDA
Relay@ADP
Total non-current assets
124
56
Total current assets
81 21
16
Total non-current liabilities
-
Total current liabilities Net assets at 100%
122
28 44 44 22
A B
62 62
Acquisition-date fair value of the total consideration transferred Of which remeasurement to fair value of shares previously held
31
Preliminary Goodwill
B-A
-
-
As at 31 December 2019, the contribution of SDA, Relay@ADP and SDA Croatie in the Group consolidated revenue, EBITDA and net income since 11 April 2019, date of control acquisition, is as follows:
Impact net of eliminations
Total
SDA Relay@ADP SDA Croatie
Fees ADP SA
(in millions of euros)
Revenue EBITDA
628
78
13
719
(261)
458
15
11
1
27
- - -
27
18
Net income
(8) (4)
- -
- -
(8) (4)
(8) (4)
Net income attributable to the Group
If the transaction had taken place on 1 January 2019, revenue, EBITDA and net income of SDA, Relay@ADP and SDA Croatie for the year 2019 would be as follows:
Impact net of eliminations
Total
SDA Relay@ADP SDA Croatie
Fees ADP SA
(in millions of euros)
Revenue EBITDA
799
97
16
912
(338)
574
14
13
- - -
27
- - -
27
Net income
(14)
(2) (1)
(16)
(16)
Net income attributable to the Group
(7)
(8)
(8)
197
AÉROPORTS DE PARIS ® UNIVERSAL REGISTRATION DOCUMENT 2019
Made with FlippingBook Publishing Software