Aéroports de Paris - 2019 Universal registration document

CONTENTS

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PERSONS RESPONSIBLE FOR THE UNIVERSAL REGISTRATION DOCUMENT AND ANNUAL FINANCIAL REPORT 1.1 Person responsible for the 2019 universal Registration Document and Annual Financial Report

REVIEW OF THE FINANCIAL POSITION AND INCOME AFR

95 96 96 103

8.1 2019 Key figures

7

8.2 Analysis of 2019 results

8.3 2019 HIGHLIGHTS

7 7

1.2 Report of the person in charge

09

EQUITY AND CASH FLOWS AFR

109 109 109

9.1 Shareholder equity

02

9.2 Cash flow

STATUTORY AUDITORS

8

9.3 Financial risk management

111 111

2.1 Standing Statutory Auditors for the 2019 financial year 2.2 Substitute Statutory Auditors for the 2019 financial year

9.4 Group commitments

8

8

10

INFORMATION CONCERNING TRENDS

112 112 115

10.1 RECENT EVENTS

03

RISK AND MANAGEMENT

9 9

10.2 FORECASTS

3.1 Introduction 3.2 Risk factors

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11

PROFIT FORECASTS

116

3.3 Risk management and internal control system

17

11.1 2016-2020 period guidances 11.2 2020 GROUP FORECASTS

116 118

04

IINFORMATION ON THE COMPANY

22 22 23

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ADMINISTRATION AND EXECUTIVE MANAGEMENT BODIES 12.1 Board of Directors AFR 12.2 Executive Management AFR 12.3 Personal information concerning members of the Board of Directors COMPENSATION AND BENEFITS OF CORPORATE OFFICERS 13.1 2020 Executive officer compensation policy referred to in article L. 225-37-2 of the French Commercial Code 13.2 Non-executive officers compensation policy referred to in article L. 225-37-2 of the French Commercial Code 13.3 Amount of compensation payable and paid to corporate officers during the 2019 financial year: information 13.4 Shares in the Company held by Directors and non-voting members of the Board 13.5 Compensation of Executive Committee members 13.6 Corporate governance – Adherence to the principles of governance referred to in article L. 225-37-3 of the French Commercial Code

4.1 Information

119

4.2 Capital expenditures

119

123

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BUSINESS OVERVIEW

30

5.1 Presentation of the activity 5.2 Overview of the market

31

123

38

5.3 Description of airports owned or directly

13

managed by Groupe ADP in Ile-de-France 45

124

5.4 Description of activities by segment

57

06

ORGANISATION CHART

91

124

07

126

REAL ESTATE ASSETS AND FACILITIES Real estate assets and facilities Fixed assets and movable assets owned or used by Aéroports de Paris 7.2 Retrocession of a portion of gains that may be made from the closing of all or part of an aerodrome operated by Aéroports de Paris to public air traffic 7.1

93

93

127

130

94

130

131

The items included in the Annual Financial Report are identified using the pictogram AFR

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AÉROPORTS DE PARIS ® UNIVERSAL REGISTRATION DOCUMENT 2019

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