Aéroport de Paris - 2018 Registration document

FINANCIAL INFORMATION ON THE ASSETS, FINANCIAL POSITION AND CONSOLIDATED FINANCIAL STATEMENTS AT 31 DECEMBER 2018

RESEARCH AND DEVELOPMENT, TRADEMARKS PATENTS AND LICENCES

INFORMATION CONCERNING TRENDS

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

OPERATIONS WITH RELATED PARTIES

The table below shows the sensitivity of the commitment to the main actuarial assumptions:

Impact on present value of obligation at

Impact on present value of obligation at

High assumption

Low assumption

(in millions of euros)

Drift in medical costs

-1.00% -0.50% -1 year -0.50%

(5)

1.00% 0.50% +1 year 0.50%

5

Discount rate / Expected rate of return on plan assets

28

(26)

Mortality rate

4

(4) 20

Salary escalation rate (inflation included)

(19)

Based on the employee benefit commitments for end-of-career indemnities as at 31 December 2018, a decrease of 100Bp of the employer contribution rate would have an equity impact of €2.3 million.

5.3 Provisions for employee benefit commitments on the balance sheet Provisions for employee benefit obligations have evolved as follows on the liabilities of the balance sheet:

2018 468

2017 469

(in millions of euros)

Provisions as at 1 January

Increases

66 24

56 25

Operating allowances Financial allowances

9

8

Recognition of actuarial net gains

17

-

Increase due to changes in consolidation scope

-

23

Other changes

16

-

Decreases

(41) (41)

(57) (20)

Provisions used

Recognition of actuarial net gains

- - - -

(15) (15)

Reduction/curtailment

Decrease due to changes in consolidation scope

(5) (2)

Other changes

Provisions at 30 June Non-current portion

493 484

468 458

Current portion

9

10

5.3.1 Best estimate of the contributions to be paid The amount of contributions that the Group believes will need to be paid for the defined benefits plans on the assets side in 2018 is not significant.

20

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AÉROPORTS DE PARIS ® REGISTRATION DOCUMENT 2018