[PDF] REGISTRATION DOCUMENT 12-Feb-2014 Postal address:

View - Download REGISTRATION DOCUMENT

Previous PDF

Next PDF

39
50
* 31 0ruedrFan9u gr ougrrpgeuadrgr.dgeufISNf

Aéro

KEY FIGURES

FOR 2017

101.5 MPAX

NUMBER OF PASSENGERS IN

PARISIAN AIRPORTS

228.2 MPAX

NUMBER OF GROUP

PASSE NGERS €18.2

SALES/PAX

58,150 sq.m

RETAIL SPACE

145,100 sq.m

REAL ESTATE AREA

DEVELOPED I

N 2017

26

NUMBER OF AIRPORTS

MA

NAGED WORLDWIDE

€3,617 M

REVENUE

€1,567 M

EBITDA

€571 M

NET INCOME ATTRIBUTABLE

TO THE GROUP

1

Aéroports de Paris

Société anonyme au capital de 296g881g806geuros Siège socialg: 1, rue de France - 93290 Tremblay-en-France

552g016g628

RCS Bobigny

Copies of this Registration Document (:the Registration Document and Annual Financial Report©) are

available free of charge from Aéroports de Paris, 1, Rue de France, 93 290 Tremblay-en-France, as well

as on the Aéroports de Paris website ( www.groupeadp.fr ) and on the AMF (French Financial Markets

Authority) website (

www.amf-france.org In due application of Article 28 of the European Commission7s regulation EC No. 809/2004, this Registration Document refers to information contained in:

the annual and consolidated financial statements of Aéroports de Paris for the financial year ended

31 December 2016 and the report by the Statutory Auditors on these financial statements, presented

in Chapter 20 of the Aéroports de Paris Registration Document filed with the AMF on 31 March 2017 under number D. 17-0288 (the :2016 Registration Document©);

the annual and consolidated financial statements of Aéroports de Paris for the financial year ended

31 December 2015 and the report by the Statutory Auditors on these financial statements, presented

in Chapter 20 of the Aéroports de Paris Registration Document filed with the AMF on 31 March 2016 under number D. 16-0248 (the :2015 Registration Document©);

examination of the financial position and income of Aéroports de Paris for the financial years ended

31 December 2015 and 2016, presented in Chapter 9 of the 2015 and 2016 Registration Documents;

the Statutory Auditors7 report on related party agreements and commitments for the financial years ended 31 December 2015 and 2016, presented in Appendix 1 of the 2015 and 2016 Registration

Documents.

REGISTRATION DOCUMENT

AND ANNUAL FINANCIAL REPORT

2017
This Registration Document was filed with the AMF on 6 April 2018, in accordance with Article 212-13 of its General Regulation. It may be used for financial transactions if supported by an AMF approved information memorandum. This document was drawn up by the issuer and is binding for its signatories. AÉROPORTS DE PARIS g REGISTRATION DOCUMENT 2017

26 AIRPORTS MANAGED AROUND THE WORLD

ChileJordanie

Georgia

Tunisia

Guinea

Croatia

France

Belgium

The Netherlands

Macedonia

Turkey

Saudi Arabia

Mauritius

Madagascar

PASSENGERS PER PARISIAN AIRPORTS IN 2017

(inAmillions) + 2.6%

32.0gM

PARIS-ORLY

+ 5.4%

69.5gM

PARIS-CHARLES DE GAULLE

+ 4.5%

101.5IM

TOTAL TAV Airports*Groupe ADPGroupe ADP + TAV AirportsSchiphol

NUMBER OF PASSENGERS USING

PARISgAIRPORTS A(inAmillions)

2017
101.5
2016
97.2
2015
95.4
2014
92.7
2013
90.3

PROFILE OF GROUPE ADP

* It should be noted that TAV Airports gained concessions of 3 airports in Saudi Arabia (Yanbu, Qasim and Haij) on 8 June 2017.

GROUPE ADP, CONSTANTLY EVOLVING

SIN

CE3ITS3INITIAL3LISTING ON THE ST

O

CK EXCHANGE

"g2017 was a year of transformation for Groupe ADP, in Paris as well as abroad. Traffic in Paris Aéroport reached 101.5 million passengers, crossing the symbolic thr eshold of 100 million passengers, driven by the growth in long haul traffic. In 2017, in Paris, occurred the materialisation of structuring projects f or

Groupe ADP"s

development with in particular the validation of major st eps for CDG Express project and the signing of the agreement with

FedEx. Besides, 2017

saw the rolling out of

Groupe ADP"s interna

tional strategy with the reinforcement in

TAV Airports"

capital leading to the full consolida tion of

TAV Airports in the group consolidated accounts f

or the 2 nd half of 2017 and the signing of the agreement relative to the reinforcement of Groupe ADP"s stake in Amman airport (Jordan), operation that will be complet ed very soon. These projects are opportunities for growth and value crea tion for the years to come.

In 2017, revenue increased b

y €670 million, to €3,617 million and EBITDA reached €1,567 million. Net result attributable to the Group is up by €136 million, at €571 million and allo ws to propose to the shareholder general meeting a dividend of €3.46gper share.

On the basis of a traffic growth assumption of between +2.5% and +3.5% for Paris Aéroport and of between +10% and +12%

for

TAV Airports in 2018, compared to 2017, gr

owth in consolidated EBITDA is expected between +10% and +15%, excluding the effects of an y change in scope that may occur in 2018. Excluding the full consolidation of TAV Airports, increase in Groupe

ADP"s EBITDA is expected between +2.5% and +3.5% in 2018. As a reminder, TAV Airports expects an increase of its EBITDA

between 5% and 7% in 2018 compared to 2017 Groupe ADP will keep a payout of 60% of the net result attributable to the Group.g» Augustin de Romanet, Chairman and CEO of Aéroports de Paris SA - Groupe ADP, stated:

STRATEGY OF GROUPE ADP

CONNECT 2020 A 2016-2020

STRATEGI

C PLAN TO SERVE OUR AMBITION

CONNECT

our infrastructures in Paris:

OPTIMISE

Optimise our airports,

our tariffs structure andIourIcosts to increase ourIcompetitivenes s

CONNECT our passenger

andIairlineIcustomers and motivate ourIemployees:

ATTRACT

High standards of quality and excellence, for connecting customers in particular

CONNECT Aéroports de Paris with

territories and with the r est of the world:

EXPAND

Realise the CDG Express

Export our expertise to new markets

BE A LEADING GROUP

IN AIRPORT DESIGN, CONSTRUCTION AND OPERATION

INITIAL

PUBLIC OFFERING

2020
2006

INFLUENCE

CONNECT 2020

CONSOLIDATION

Improved quality

of service

Productivity and

competitivenessIncreased capacity a t

Paris-MCharles de Gaulle

MODERNISATION

2006 - 20102011 - 20152016 - 2020

OPTIMISEATTRACTEXPAND

PERSONS RESPONSIBLE

FOR THE REGISTRATION DOCUMENT

AND ANNUAL FINANCIAL REPORT

AFR 7

1.1 Person responsible for the 2017

Registration Document and Annual

Financial Report 7

1.2 Report of the person in charge 7

STATUTORY AUDITORS 8

2.1 Standing Statutory Auditors

for the 2017“ nancial year 8

2.2 Substitute Statutory Auditors

for the 2017“ nancial year 8

SELECTED FINANCIAL INFORMATION 9

3.1 TAV Airports contribution in Groupe

ADPs “ nancial statements over the 2nd

half of 2017 10

3.2 2017 Consolidated accounts 11

3.3 Financial debt 12

RISK MANAGEMENT AND CONTROL 13

4.1 Introduction 13

4.2 Risk management and internal control

system 14

4.3 Risk factors 18

INFORMATION ON THE COMPANY 29

5.1 Information 29

5.2 History of the Company 30

5.3 C apital expenditures 33

BUSINESS OVERVIEW 37

6.1 Presentation of the activity 37

6.2 Overview of the market 42

6.3 Description of the parisian airports owned

or operated by Groupe ADP 49

6.4 Description of activities by segment 59

ORGANISATION CHART 85

7.1 Simpli“ ed Group organisation chart

as at 31December 2017 85

REAL ESTATE ASSETS

AND FACILITIES 87

8.1 Real estate assets and facilities 87

8.2 Environmental constraints 88

REVIEW OF THE FINANCIAL

POSITION ANDINCOME

AFR 89

9.1 Key “ gures 90

9.2 Analysis of 2017results 90

9.3 Highlights of the 2017“ nancial year 96

EQUITY AND CASH FLOWS

AFR 101

10.1 Shareholder equity 101

10.2 Cash " ow 101

10.3 Indebtedness 103

10.4 Financial risk management 103

10.5 Group commitments 103

RESEARCH AND DEVELOPMENT,

TRADEMARKS PATENTS

AND LICENCES 104

11.1 Research and development 104

11.2 Trademarks, patents and licences 104

INFORMATION CONCERNING TRENDS 105

12.1 Recent events 105

12.2 Forecasts 105

PROFIT FORECASTS 106

13.1 2016-2020 period guidances 106

13.2 2018 Group forecasts 107

13.3 Statutory auditors report on the pro“ t

forecasts for the year ended December 31,

2018 107

ADMINISTRATION AND EXECUTIVE

MANAGEMENT BODIES 108

14.1 Board of Directors AFR 108

14.2 Personal information concerning members

board of directors 112

COMPENSATION AND BENEFITS

OF CORPORATE OFFICERS 113

15.1 Corporate o cer compensation 113

15.2 Compensation paid to Board members 116

15.3 Compensation paid to non-voting Board

members 117

15.4 Shares in the Company held by the

Directors and non-voting members

of the Board 117

15.5 Compensation of Executive Committee

members 117 01 02 03 04 05 06 07 08 09 10 11 12 13 14 15 The items included in the Annual Financial Report are identi: ed usi ng the pictogram AFR

CONTENTS

AÉROPORTS DE PARIS

REGISTRATION DOCUMENT 2017 4

FUNCTIONING OF THE BOARD OF

DIRECTORS AND MANAGEMENT

BODIES 118

16.1 Functioning of the Board of Directors

andmanagement bodies AFR 118

16.2 Functioning of the committees linked to

the Board of Directors 123

16.3 Corporate governance ... Adherence

totheprinciples of governance 126

SOCIAL, ENVIRONMENTAL AND

SOCIETAL RESPONSIBILITY

INFORMATION 127

17.1 Social information 128

17.2 Social indicators for the Group 136

17.3 Aéroports deParis Corporate Social

Responsibility (CSR) policy 137

17.4 Environmental information 138

17.5 Societal responsibility information 146

17.6 Methodological note on social,

societal and environmental reporting 149

MAIN SHAREHOLDERS 153

18.1 Shareholding of the Company

AFR 153

18.2 Change in the control of the Company 155

18.3 Shareholder agreement 155

OPERATIONS WITH RELATED PARTIES 157

19.1 Relations with Government authorities

and administrative authorities 157

19.2 Operations with related parties 158

FINANCIAL INFORMATION ON THE

ASSETS, FINANCIAL POSITION

AND CONSOLIDATED FINANCIAL

STATEMENTS

AFR 159

20.1 Groupe ADP Consolidated Financial

Statements as of 31December 2017 160

20.2 Statutory auditors report on the

consolidated “ nancial statements 230

20.3 Company Financial Statements and Notes

ofAéroports deParis SAat 31December

2017 235

20.4 Statutory auditors report on the “ nancial

statements 264

20.5 Pro forma “ nancial data 267

20.6 Interim “ nancial data 269

20.7 Dividend distribution policy 269

20.8 Legal and arbitration proceedings 269

20.9 Material change in “ nancial or commercial

position since 31December 2017 270

ADDITIONAL INFORMATION ON

THE SHARE CAPITAL AND

PROVISIONS OF THE ARTICLES OF

ASSOCIATION

AFR 271

21.1 Information on the share capital 271

21.2 Provisions of the articles of association 275

MATERIAL CONTRACTS 277

INFORMATION FROM THIRD

PARTIES, EXPERT STATEMENTS AND

STATEMENTS OF INTEREST 278

DOCUMENTS AVAILABLE TO THE

PUBLIC 279

INFORMATION ON ACQUISITIONS 281

APPENDIX 1

STATUTORY AUDITORS REPORT ON

RELATED PARTY AGREEMENTS AND

COMMITMENTS 282

APPENDIX 2

REPORT ON CORPORATE

GOVERNANCE 307

APPENDIX 3

ANNUAL FINANCIAL REPORT 334

16 17 18 19 20 21
22
23
24
25
A1 A2A2 A3

AÉROPORTS DE PARIS

REGISTRATION DOCUMENT 2017 5

AÉROPORTS DE PARIS REGISTRATION DOCUMENT 2017 6

In this registration document, the terms Aéroports de ParisŽ and the CompanyŽ both refer to the company Aéroports de

Paris SA. The term groupŽ refers to the group of companies formed by the Company and all of its subsidiaries.

The Groupe ADPŽ brand speaks on behalf of all the activities in France and internationally. It carries the relations with

the public authorities, shareholders and financial markets, as well as partners. Internally, it is the common foundation for

belonging for all employees that it brings together around a corporate project.

The Paris AéroportŽ trademark covers the following specific areas: the sites and applications dedicated to travellers,

the content, the free and paying services, the promotion of the Parisian hub, marketing communications, general public

events within and outside of the sites.

AÉROPORTS DE PARIS

REGISTRATION DOCUMENT 2017 7

PERSONS RESPONSIBLE

FOR THE REGISTRATION DOCUMENT

AND ANNUAL FINANCIAL REPORT

AFR

1.1 PERSON RESPONSIBLE FOR THE 2017 REGISTRATION

DOCUMENT AND ANNUAL FINANCIAL REPORT

Augustin de Romanet, Chairman and CEO of Aéroports de Paris SA.

1.2 REPORT OF THE PERSON IN CHARGE

Having taken all reasonable measures for such a purpose, I certify that, to the best of my knowledge, the information contained in this Registration Document, including its appendices, is accurate and correct and containsquotesdbs_dbs13.pdfusesText_19

[PDF] groupe adp recrutement

[PDF] programme français collège

[PDF] programme français 4ème

[PDF] exercices corrigés sur les adresses ip pdf

[PDF] exercice d'adressage ip corrigé

[PDF] exercice adressage ip cisco

[PDF] calcul adressage ip pdf

[PDF] cours complet sur l'adressage ip

[PDF] cours adressage ip et routage pdf

[PDF] cned telecharger feuille de copie

[PDF] modele de copie cned

[PDF] organigramme dsden 38

[PDF] recteur de l'académie de grenoble

[PDF] recteur grenoble 2017

[PDF] rectorat grenoble adresse