Aéroports de Paris - 2019 Universal registration document
ORGANISATION CHART 06
SIMPLIFIED GROUP ORGANISATION CHART AS AT 31 DECEMBER 2019
the benefit of various customers of this subsidiary. These guarantees are included in off-balance sheet commitments (see the group financial statements, section 18.1). The main flows between Aéroports de Paris and its subsidiaries are described in the company financial statements. The list of the French subsidiaries and the ones abroad held by Aéroport de Paris SA is presented in note 19 in the group financial statements, in Chapter 18.
The greater part of the group’s business is directly exercised by Aéroports de Paris, which also owns the main assets required for the group’s activities. Aside from financial flows related to cash centralisation agreements, existing financial flows between Aéroports de Paris and its subsidiaries are related to dividends received and distributed within the Group. The Group’s policy is only to agree financial guarantees on behalf of 100% owned subsidiaries. At 31 December 2019, several guarantees were granted by Aéroports de Paris SA on behalf of ADP Ingénierie for
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AÉROPORTS DE PARIS ® UNIVERSAL REGISTRATION DOCUMENT 2019
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