Aéroports de Paris - 2019 Universal registration document

FINANCIAL INFORMATION ON THE ASSETS, FINANCIAL POSITION AND CONSOLIDATED FINANCIAL STATEMENTS 18 COMPANY FINANCIAL STATEMENTS AND NOTES OF AÉROPORTS DE PARIS SA AT 31 DECEMBER 2019

5.9 Extraordinary income

2019

2018

(in millions of euros)

Accelerated depreciation write-off Other extraordinary income from assets Extraordinary income from assets

78

79

11

8

89

87

Reversal of provisions for liabilities and expenses

6

15 19

Other extraordinary income Sundry exceptional income

1

7

34

Extraordinary income

96

122

Accelerated depreciation expenses Other extraordinary expenses on assets Extraordinary expenses on assets

(102)

(100)

(10)

(12)

(112)

(112)

Provisions for extraordinary liabilities and expenses

(1)

(1)

Other extraordinary expenses Sundry extraordinary expenses Extraordinary expenses EXTRAORDINARY INCOME

(7) (8)

(16) (17)

(120)

(130)

(24)

(8)

Accelerated tax depreciation consists primarily of accelerated tax depreciation on property, plant and equipment. Aéroports de Paris SA benefits from a system codified in article 217 octies of the French General Tax Code which allows companies subject to income tax to implement accelerated tax depreciation over five years for their cash investments in innovation SMEs under certain conditions.

5.10 Income tax expenses Break down of tax

Net income excluding profit sharing

Income before tax

Taxes (252)

(in millions of euros)

Current result

788 (24)

536 (16)

Extraordinary income

8

Tax consolidation revenue

-

1

1

TOTAL (EXCLUDING PROFIT SHARING)

763

(243)

521

Aéroports de Paris does not recognise deferred tax in its statutory financial statements.

286

AÉROPORTS DE PARIS ® UNIVERSAL REGISTRATION DOCUMENT 2019