2017 VINCI Key Figures
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KEY DATA CONCESSIONS Revenue (1) Ebitda (2) Operating income (in €m) (in €m and as a percentage of revenue (1) ) from ordinary activities (in €m and as a percentage of revenue (1) ) 3,251 4,710 4,302 2,953 6,298 6,945 68.3% 67.8% 46.9% 46.8% 2016 2017 2016 2017 2016 2017 Net income attributable Net financial debt (3) Capital employed (3) to owners of the parent (in €m) (in €m) (in €m) 1,664 1,689 28,515 27,145 29,354 29,605 2016 2017 2016 2017 2016 2017 Revenue (1) by geographical area (as a percentage) France 82% Portugal 11% Rest of the world 7% (1) Excluding concession subsidiaries’ revenue derived from works carried out by non-Group companies. See glossary (page 333). (2) Cash flows from operations before tax and financing costs. See glossary (page 333). (3) At 31 December. PUBLIC-PRIVATE PARTNERSHIPS OF VINCI’S CONCESSIONS BUSINESS WORLDWIDE The PPPs listed below are managed within the Concessions businesses of VINCI. Other PPPs (mainly buildings) are managed within VINCI’s Contracting business. INFRASTRUCTURE DESCRIPTION COUNTRY SHARE END OF CAPITAL HELD CONTRACT Motorway and road infrastructure Network under concession Arcos (A355 – western Strasbourg bypass)(1) 24 km France 100% 2070 Arcour (A19) 101 km France 100% 2070 ASF network (excl. Puymorens Tunnel, 5.5 km) 2,731 km France 100% 2036 Cofiroute network (excl. A86 Duplex Tunnel, 11 km) 1,100 km France 100% 2034 Escota network 471 km France 99% 2032 A-Modell A4 motorway 45 km Germany 50% 2037 A-Modell A5 motorway 60 km Germany 54% 2039 A-Modell A7 motorway 60 km Germany 50% 2047 A-Modell A9 motorway 46.5 km Germany 50% 2031 Toll Collect(2) Motorway and road toll system for HGVs Germany 10% 2018 Regina Bypass(1) 61 km Canada 38% 2049 Fredericton–Moncton highway 195 km Canada 25% 2028 Bogotá–Girardot motorway 141 km (3) Colombia 50% 2042 Athens–Corinth–Patras motorway 201 km Greece 30% 2038 Maliakos–Kleidi motorway 230 km Greece 14% 2038 Trans Jamaican Highway 50 km Jamaica 13% 2036 Lima expressway 25 km (4) Peru 100% 2049 Newport Southern Distributor Road 10 km United Kingdom 50% 2042 Isle of Wight road network(5) 821 km of roads and 767 km of pavements United Kingdom 50% 2038 Hounslow Borough road network(5) 432 km of roads and 735 km of pavements United Kingdom 50% 2037 Moscow–St Petersburg motorway (MSP 1) 43 km (Moscow–Sheremetyevo) Russia 50% 2040 Moscow–St Petersburg motorway (MSP 7 and 8)(1) 138 km (St Petersburg–Veliky Novgorod) Russia 40% 2041 Moscow–St Petersburg motorway (UTS)(6) 359 km (M11) + 70 km (M3) Russia 50% 2027 R1 (PR1BINA) expressway 51.4 km Slovakia 50% 2041 Road bridges and tunnels A86 Duplex Tunnel Rueil Malmaison–Jouy en Josas/Versailles (11 km) France 100% 2086 Prado Carénage Tunnel Tunnel in Marseille (2.5 km) France 33% 2025 Prado Sud Tunnel Tunnel in Marseille (1.5 km) France 59% 2055 Puymorens Tunnel Tunnel in the Pyrenees (5.5 km) France 100% 2037 Confederation Bridge Prince Edward Island–mainland Canada 20% 2032 Ohio River Bridges – East End Crossing Bridges and a tunnel linking Kentucky to Indiana United States 33% 2051 Charilaos Trikoupis Bridge Peloponnese–mainland Greece 57% 2039 Tagus bridges Two bridges in Lisbon Portugal 37% 2030 Severn Crossings(7) Two bridges over the Severn United Kingdom 35% 2018 Airports Chambéry, Clermont Ferrand, Grenoble, France 100% from 2018 Poitiers-Biard, Pays d‘Ancenis(2) to 2029 Lyon-Bron, Lyon-Saint Exupéry France 31% 2047 Nantes Atlantique, Saint Nazaire Montoir France 85% 2065 Rennes, Dinard(2) France 49% 2024 Toulon-Hyères France 100% 2040 Phnom Penh, Siem Reap, Sihanoukville Cambodia 70% 2040 Santiago de Chile(1) Chile 40% 2035 Kansai, Osaka Japan 40% 2060 Lisbon, Porto, Faro, Beja, Ponta Delgada, Horta, Flores, Portugal 100% 2063 Santa Maria, Funchal, Porto Santo Santo Domingo (Las Américas and La Isabela), Puerto Plata, Dominican 100% 2030 Samaná (Presidente Juan Bosch and Arroyo Barril), Barahona Republic Salvador de Bahia Brazil 100% 2047 Rail infrastructure GSM-Rail Wireless communication system over 16,000 km of rail lines France 30% 2025 SEA HSL High-speed rail line (302 km) between Tours and Bordeaux France 33% 2061 Rhônexpress Light rail system (23 km) in Lyon France 35% 2038 Stadiums Bordeaux (Matmut Atlantique) 42,000 seats France 50% 2045 Stade de France 80,000 seats France 67% 2025 Le Mans (MMArena) 25,000 seats France 100% 2043 Nice (Allianz Riviera) 36,000 seats France 50% 2041 Queen Elizabeth Olympic Park stadium 57,000 seats United Kingdom 100% 2040 Other public amenities Automation of river dams (Bameo)(1) 31 dams on the Aisne and Meuse rivers France 50% 2043 Car Rental Center, Nice-Côte d’Azur Airport 60,000 sq. metre building France 100% 2040 Public lighting in Goussainville France 100% 2026 Public lighting in Rouen (Lucitea) France 100% 2027 Martinique BRT system 2.5 km France 100% 2035 (1) Under construction or to be built. (3) Including 65 km to be widened. (5) Upgrade, maintenance and upkeep (6) Operation and maintenance contract. (2) Service, management or public service contracts. (4) Including 9 km to be built. contract. (7) End of contract: 8 January 2018. KEY DATA VINCI AUTOROUTES Revenue (1) Ebitda (2) Operating income (in €m) (in €m and as a percentage of revenue (1) ) from ordinary activities (in €m and as a percentage of revenue (1) ) 3,850 2,685 3,710 2,588 5,111 5,277 72.6% 73.0% 50.6% 50.9% 2016 2017 2016 2017 2016 2017 Net income attributable Net financial debt (3) Capital employed (3) to owners of the parent (in €m) (in €m) (in €m) 1,412 1,325 22,309 20,954 21,598 21,319 2016 2017 2016 2017 2016 2017 VINCI Autoroutes’ competitive position (4) Revenue (1) by network Motorway networks under concession in Europe (in km) (in €m and as a percentage) ASF 3,053 58% Cofiroute 1,400 27% Escota 762 14% Arcour 58 1% 4,443 3,555 3,081 2,476 1,628 VINCI Abertis Atlantia Eiffage Brisa Autoroutes (1) Excluding concessions (2) Cash flows from subsidiaries’ revenue derived operations before tax and from works carried out by financing costs. See glossary non-Group companies. (page 333). See glossary (page 333). (3) At 31 December. (4) Controlled company Source: internal studies, company literature. networks. Motorway concessions of VINCI Autoroutes in France Lille Amiens Cherbourg en Cotentin Le Havre Rouen Reims Caen Metz Rueil Malmaison A86 Châlons Paris en Champagne A355 Versailles Nancy Alençon A28 Chartres Strasbourg Brest A19 Rennes A10 A11 Sens A81 Colmar Laval Quimper Montargis Vannes Le Mans Orléans A11 A28 Mulhouse Angers Blois A11 Tours A71 A85 Dijon Nantes Cholet SaumuA85r Bourges Besançon Traffic A10 La Roche sur Yon A87 Poitiers 2017 2017/2016 A83 A10 (in millions change Niort Thonon les Bains of kilometres La Ro chelle Rochefort A89 Roanne travelled ) Limoges Annecy A837 Saintes Lyon Clermont ASF 31,984 +1.9% A89 Chambéry Ferrand A72 A10 A46 Saint Escota 7,284 +1.6% Périgueux Étienne Brive Grenoble la Gaillarde Cofiroute 11,720 +1.0% A89 Valence Bordeaux Arcour 329 +4.1% A20 Gap A7 Cahors Total 51,316 +1.7% A62 Agen A51 Orange Digne Montauban les Bains ASF Albi A68 Nîmes Menton A641 A7 Manosque A8 Cofiroute A63 Montpellier Monaco A64 Toulouse A680 A75 Arles Aix en Provence Nice Escota Bayonne A54 A500 Tarbes A9 Fréjus P A64 Arcour au A61 Marseille Narbonne Toul Arcos Saint A66 on A57 A645 Gaudens Foix A86 Duplex Fois A50 Perpignan A52 A52 A9 A501 0 ASF GROUP (ASF AND ESCOTA) (in €m and as a percentage of revenue (1)) Revenue (1) Ebitda (2) Net financial debt (3) 2,652 2,749 3,689 3,815 71.9% 72.1% 11,180 10,356 2016 2017 2016 2017 2016 2017 COFIROUTE (in €m and as a percentage of revenue (1)) Revenue (1) Ebitda (2) Net financial debt (3) 1,013 1,048 1,364 1,400 74.3% 74.9% 4,115 3,773 2016 2017 2016 2017 2016 2017 (1) Excluding concession subsidiaries’ revenue derived from work (2) Cash flows from operations before tax and financing costs. See glossary (page 333). carried out by non-Group companies. See glossary (page 333). (3) At 31 December. KEY DATA VINCI AIRPORTS Revenue (1) Ebitda (2) Operating income (in €m) (in €m and as a percentage of revenue (1) ) from ordinary activities (in €m and as a percentage of revenue (1) ) 808 563 563 368 1,055 1,409 53.3% 57.3% 34.8% 39.9% 2016 2017 2016 2017 2016 2017 Net income attributable Net financial debt (3) Capital employed (3) to owners of the parent (in €m) (in €m) (in €m) 249 345 4,295 4,048 5,655 5,783 2016 2017 2016 2017 2016 2017 Revenue (1) by business activity Revenue (1) by geographical area (as a percentage) (as a percentage) Aviation services 54% Portugal 54% Non-aviation services 26% Cambodia 13% Ground handling 9% France 23% Security/assistance for PRM(4) 11% Dominican Republic 10% (1) Excluding concession subsidiaries’ revenue derived from works carried out by non- (3) At 31 December. Group companies. See glossary (page 333). (4) Persons with reduced mobility. (2) Cash flows from operations before tax and financing costs. See glossary (page 333). AIRPORTS AND PASSENGER TRAFFIC MANAGED 35 (1) airports and 156.6 million (1) passengers managed in 2017 (excluding ADP) 18.2(2) + 9.4% 51.8(2) 43.6(2) +16.5% +8.5% 6 airports in 12 airports the Dominican in France 10 airports airports Republic in 2 Portugal in Japan 5.1(2) +3.7% 1 airport 3 airports in Brazil in Cambodia 1 airport in Chile 8.8(2) 7.7(2) +25.1% +1.8% 21.4(2) +11.6% (1) Including the airport in Salvador de Bahia, Brazil for full year.