Aéroport de Paris - 2018 Registration document

FINANCIAL INFORMATION ON THE ASSETS, FINANCIAL POSITION AND CONSOLIDATED FINANCIAL STATEMENTS 20

7.1.2 Treasury shares

As part of its liquidity contract and in accordance with the authorization given by the shareholders at the ordinary general meeting of 4 May 2018, during the period, the company repurchased and sold 196,596 shares. Thus, the number of treasury shares that was nil as at 31 December 2017 is also nil as at 31 December 2018 under this contract.

Treasury shares held by the Group are booked as a deduction from equity at their cost of acquisition. Any gains or losses connected with the purchase, sale or cancellation of treasury shares are recognised directly in equity without affecting the income statement.

7.1.3 Other equity items Other equity items break down as follows:

As at 31 Dec., 2018

As at Jan 1, 2017

Comprehensive income -2017

As at 31 Dec., 2018

As at Jan 1, 2018

Comprehensive income -2018

(in millions of euros)

Translation adjustments Actuarial gain/(loss) 1

4

(14)

(10) (84)

(10) (84)

12

2

(94)

10

(11)

(95)

Fair value reserve

5

(8)

(3)

(3)

10

7

TOTAL

(85)

(12)

(97)

(97)

11

(86)

1 Cumulative losses on variances, net of deferred tax.

7.1.4 Retained earnings Retained earnings may be analysed as follows:

As at 31 Dec., 2018

As at 31 Dec., 2017

(in millions of euros)

Reserves of parent company Aéroports de Paris: ® Legal reserve

30

30

® Other reserves

865

865 1,102 1,266

® Retained earnings Consolidated reserves

1,288 1,303

Net income for the period attributable to the owners of the parent company

610

571

TOTAL

4,096

3,834

7.1.5 Dividends paid Dividends paid amounted to: ◆ €342 million in 2018, i.e . €3.46 per share, in compliance with Resolution 3 of the 4 May 2018 Ordinary General Meeting of Shareholders; ◆ €261 million in 2017, i.e . €2.64 per share, in compliance with Resolution 3 of the 11 May 2017 Ordinary General Meeting of Shareholders.

7.1.6 Proposed dividends During the Ordinary General Meeting of Shareholders of the Group approving the 2018 accounts, the payment of a dividend amounting to €3.70 per share i.e. a total amount of €366 million will be proposed, on the basis of the number of shares existing as at 31 December 2018. The Board of Directors of the Group authorized the payment of an interim dividend until the financial year ending on 31 December 2020. For the 2018 financial year, this interim dividend represents an amount of €69 million, or an amount per share of €0.70. The dividend payment of the interim dividend was made on 6 December 2018 and the payment of the interim dividend for 2018 was made on 10 December 2018.

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AÉROPORTS DE PARIS ® REGISTRATION DOCUMENT 2018