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

4.3 Other current operating income

Other current operating income mainly includes indemnities, operating subsidies and the share of investment grants transferred to the result at the same pace as depreciation of subsidised assets.

The breakdown of other current operating income is as follows:

2019

2018 1

(in millions of euros)

Investment grants recognized in the income statement

3 7

2 3

Net gains on disposals

Other income

70 80

52 57

TOTAL

1 Restated figures as described in notes 2.2 & 12.

Other current operating income consists mainly of indemnities recognized for €46 million both under the indemnification agreement with the Société du Grand Paris relating to the project to build a metro station in Paris-Orly and under the CDG Express project (€42 million as of 31 December 2018).

4.4 Receivables and related accounts Trade receivables and related accounts break down as follows:

As at Dec 31, 2019

As at Dec 31, 2018

(in millions of euros)

Trade receivables Doubtful receivables

627

645

78

46

Accumulated impairment

(96) 609

(63) 628

NET AMOUNT

18

Impairment losses applied in accordance to the IFRS 9 have changed as follows:

As at Dec 31, 2019

As at Dec 31, 2018

(in millions of euros)

Accumulated impairment at beginning of period

(63) (41)

(70) (14)

Increases Decreases

8

38

Change in consolidation scope

- -

(13)

Other changes

(4)

Accumulated impairment at closing of period

(96)

(63)

The increase in impairment losses on receivables at 31 December 2019 is mainly due to the judicial liquidation of two airlines (Aigle Azur €12 million, XL Airways €8 million) during the year.

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AÉROPORTS DE PARIS ® UNIVERSAL REGISTRATION DOCUMENT 2019