Aéroport de Paris - 2018 Registration document

CONTENTS

01

09

PERSONS RESPONSIBLE FOR THE REGISTRATION DOCUMENT AND ANNUAL FINANCIAL REPORT

REVIEW OF THE FINANCIAL POSITION AND INCOME AFR

103 104 104

7

9.1 Key figures

1.1

Person responsible for the 2018 Registration Document and Annual Financial Report

9.2 Analysis of 2018 results

9.3 Highlights of the 2018 financial year

110

7 7

1.2 Report of the person in charge

10

EQUITY AND CASH FLOWS AFR

114

10.1 Shareholder equity

114 114 116 116

02

STATUTORY AUDITORS

8

10.2 Cash flow

2.1 Standing Statutory Auditors for the 2018 financial year 2.2 Substitute Statutory Auditors for the 2018 financial year

10.3 Financial risk management

8

10.4 Group commitments

8

11

RESEARCH AND DEVELOPMENT, TRADEMARKS PATENTS AND LICENCES 117 11.1 Research and development 117 11.2 Trademarks, patents and licences 117 INFORMATION CONCERNING TRENDS 118 12.1 Recent events 118 12.2 Forecasts 119

03

SELECTED FINANCIAL INFORMATION

9

3.1 2018 Consolidated accounts

10

3.3 Financial debt

11

04

12

RISK MANAGEMENT AND CONTROL

12

4.1 Introduction

12

4.2 Risk management and internal control system

13 18

4.3 Risk factors

13

PROFIT FORECASTS

120

13.1 2016-2020 period guidances

120

05

INFORMATION ON THE COMPANY

31

13.2 2019 Group forecasts

121

5.1 Information

31

13.3 Statutory auditors’ report on the profit forecasts for the year ended December 31, 2019

5.2 History of the Company 5.3 Capital expenditures

32 35

122

14

ADMINISTRATION AND EXECUTIVE MANAGEMENT BODIES

06

BUSINESS OVERVIEW

42 42 48

123

6.1 Presentation of the activity 6.2 Overview of the market

14.1 Board of Directors AFR

123

14.2 Personal information concerning members Board of Directors

6.3 Description of the Parisian airports owned or operated by Groupe ADP 6.4 Description of activities by segment

128

55 67

15

COMPENSATION AND BENEFITS OF CORPORATE OFFICERS 15.1 Corporate officer compensation 15.2 Compensation paid to Board members and non voting Board members 15.3 Shares in the Company held by the Directors and non-voting members of the Board 15.4 Compensation of Executive Committee members

129

ORGANISATION CHART

99

07

129

7.1 Simplified Group organisation chart as at 31 December 2018

99

132

08

REAL ESTATE ASSETS AND FACILITIES 101 8.1 Real estate assets and facilities 101 8.2 Environmental constraints 102

133

133

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

4

AÉROPORTS DE PARIS ® REGISTRATION DOCUMENT 2018

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