Aéroport de Paris - 2018 Registration document
ORGANISATION CHART
BUSINESS OVERVIEW
PERSONS RESPONSIBLE FOR THE REGISTRATION DOCUMENT AND ANNUAL FINANCIAL REPORT
STATUTORY AUDITORS
SELECTED FINANCIAL INFORMATION
RISK MANAGEMENT AND CONTROL
INFORMATION ON THE COMPANY
REAL ESTATE ASSETS AND FACILITIES
REVIEW OF THE FINANCIAL POSITION AND INCOME
EQUITY AND CASH FLOWS
Information about concessions
Guarantee Concession/Lease Fee
Fee/Pax International
Fee/Pax Domestic
Volume Guarantee
Airport
Type/Expiry date TAV Stake
Scope
Istanbul Ataturk
Leases (Jan. 2021)
100% Terminal
US$15 €2.5 (Transfer) €15 €2.5 (Transfer)
€3
-
$140m + VAT
Ankara Esenboga
Build, Operate and Transfer (BOT) (May 2023) BOT + Concession lease (Dec. 2032) Concession lease (May 2034) Concession lease (Dec. 2035) BOT (Feb. 2027) BOT (Aug. 2027) BOT + concession (May2047) BOT + concession (March 2030) BOT + concession (2037) BOT + concession (April 2042) Concession (Dec. 2024)
100% Terminal
€3 0,6m dom, 0,75m Int’l for 2007 +5% pa
€29m starting from 2013
Izmir A. Menderes
100% Terminal
€15 €2.5 (Transfer)
€3
-
Gazipasa Alanya
100% Airport
€101
TL7.5 2
- $50,000 + VAT
Milas Bodrum 4
100% Terminal
€15
€3
-
+€28.7m + VAT 3
Antalya
49% 4
Terminal
€15 €2.5 (Transfer)
€3
100.5 M€ + VAT
Tbilisi
80% Airport 76% Airport 67% Airport
US$24 US$12
US$6 US$7
- -
Batumi
- 11-26% of revenues from 2010 to 2047
Monastir & Enfidha
€9
€1
06
Skopje & Ohrid
100% Airport
€17.5 in Skopje €16.2 in Ohrid”
-
-
4% of the gross anual revenue 5
Medinah
33% Airport
SAR 87 6
-
-
54.5% 7
Zagreb
15% Airport
€15 8 €4 (Transfer)
€7
- €2.0-€11.5m fixed 0.5% (2016) -61% (2042) variable”
1 Per-passenger tariffs were revised as of 1 January, 2015. 2 TAV Gazipasa will make a fixed yearly rent payment of US$ 50,000 + VAT until the end of the operating period. In addition, TAV Gazipasa will pay 65% of its net profit to DHMI at the end of each operating year as profit share. 3 A lump sum amount of € 143 million equivalent to 20% of the bid price for TAV Milas Bodrum Airport was paid in August 2014. 4 The 49% control of TAV airports within Antalya airport give the same governance rights as Fraport, as well as 50% of dividends. 5 Concession fee will be 15% of the annual gross turnover until the number of passengers using both airports reaches 1 million. When the number of passengers exceeds 1 million, this ratio will change between 2% -4% depending on the number of passengers. 6 SAR 87 from both departing and arriving international pax. Pax charge will increase as per cumulative CPI in Saudi Arabia every 3 years.
7 The concession charge will be realized as 27.3% for the first 2 years that follow the completion of the construction. 8 International, domestic and transfer passenger service fee of € 10, € 4, and € 4, respectively, prior to April 2014.
New Istanbul airport At the start of 2013, the Turkish government launched a tender for the construction and management of the new Istanbul airport, which is expected to have an initial capacity of 70 million passengers per year and eventually 150 million. TAV Airports and TAV Istanbul (wholly-owned by TAV Airports), which holds the lease on Istanbul Atatürk airport until 2 January 2021, were officially informed by the Turkish Civil Aviation Authority (Devlet Hava Meydanları Isletmesi or DHMI) that TAV Istanbul will be compensated for the loss of profit that may be incurred as a result of the opening of the new airport prior to the end date of the current lease. The transfer of commercial flights from Atatürk airport to the new airport took place on 6 April 2019. The compensation for loss of profit due to the early termination of activities at Atatürk airport is currently being assessed by
DHMI and TAV. Independent companies have also been consulted as part of these assessments. TAV expects to receive formal notification of this compensation from DHMI. Recent developments PLANNED FOOD & BEVERAGES CONCESSIONS AT MUSCAT AND ORLY AIRPORTS BTA was selected for the catering concession at the new Muscat International airport in Oman and began operations in March 2018. The concession is for a 10-year period and includes the operation of over 15 points of sale (2,735 m 2 ). In 2018, BTA also won the call for tender for the catering concession for the Orly junction. Operations will start in 2019. It is a 10-year contract for 2,200 m 2 .
91
AÉROPORTS DE PARIS ® REGISTRATION DOCUMENT 2018
Made with FlippingBook HTML5