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