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

The table below presents temporary differences that will give rise to the recognition in the future of an income tax liability or a tax credit.

As at Dec 31, 2019

As at Dec 31, 2018

Change

(in millions of euros)

Participation of employee’s profit sharing

(24)

(28)

4

Provisions for exchange losses

-

-

-

Provisions for employee benefit obligations

(389)

(371) (19) (25) (10)

(18)

Other non-deductible provisions

(8)

11

Cost of studies and supervision of works (FEST) Acquisition cost of securities investments Amortization of securities investments acquisition costs

(15) (10)

10

- - -

10

10

Option Lease Building (eg Lease)

(6)

(6)

Deductible expenses for the period on subsequent periods

(442)

(450)

8 3

FEDEX

70

67

Translation adjustments - Asset

-

-

-

Regulated provisions

1,218

1,194

24

Other expenses deducted in advance

(3)

(3)

-

Deducted charges of subsequent periods for the period

1,285

1,258

27 36

TOTAL TEMPORARY DIFFERENCES

843

807

Future income tax liability estimated at €170 million as at 31 December 2019 (€169 million as at 31 December 2018). The valuation has taken into account a decrease in the tax rate from 34.43% to 25.82% in 2022 in compliance with the finance law approved at the end of December 2019.

NOTE 6 NOTES TO THE BALANCE SHEET 6.1 Fixed Assets

18

Transfers to and from other headings

As at Dec 31, 2019

As at Dec 31, 2018 Increase Decrease

(in millions of euros)

Concessions and similar rights, patents, licences, brands, procedures, and similar rights and values

292 292

37 37

- - - -

- - -

330 330

Intangible assets

Land

52 35

- -

52 37

Land development

2

Buildings

11,893

3

(149)

916

12,663

Buildings on third party land Industrial plant and equipment Other tangible fixed assets Property, plant and equipment

5

-

-

- - -

5

179 313

9

(3)

186

18

(1)

330

12,478

30

(153)

918

13,273

Fixed assets in progress

1,292

948

-

(918)

1,323

Advances on fixed assets suppliers

22

-

(4)

- -

18

TOTAL

14,084

1,016

(157)

14,944

287

AÉROPORTS DE PARIS ® UNIVERSAL REGISTRATION DOCUMENT 2019