| (in € millions) | VINCI Autoroutes | VINCI Airports | Other concessions (*) | Total |
|---|---|---|---|---|
| Gross | Gross VINCI Autoroutes
|
Gross VINCI Airports
|
GrossOther concessions (*)
|
GrossTotal
|
| 01/01/2020 | 01/01/2020 VINCI Autoroutes 33,789 |
01/01/2020 VINCI Airports 5,437 |
01/01/2020Other concessions (*)2,440 | 01/01/2020Total41,667 |
| Acquisitions during period (**) | Acquisitions during period (**)VINCI Autoroutes 582 |
Acquisitions during period (**)VINCI Airports 260 |
Acquisitions during period (**)Other concessions (*)8 |
Acquisitions during period (**)Total851 |
| Disposals during period | Disposals during period VINCI Autoroutes (2) |
Disposals during period VINCI Airports - |
Disposals during period Other concessions (*)- |
Disposals during period Total(2) |
| Currency translation differences | Currency translation differences VINCI Autoroutes - |
Currency translation differences VINCI Airports (213) |
Currency translation differences Other concessions (*)(311) |
Currency translation differences Total(524) |
| Changes in scope and other | Changes in scope and other VINCI Autoroutes 16 |
Changes in scope and other VINCI Airports (17) |
Changes in scope and other Other concessions (*)2 |
Changes in scope and other Total1 |
VINCI Autoroutes 34,386 |
VINCI Airports 5,468 |
Other concessions (*) 2,139 |
Total 41,992 |
|
| Grants received | Grants received VINCI Autoroutes (11) |
Grants received VINCI Airports (5) |
Grants received Other concessions (*)(3) |
Grants received Total(18) |
| 31/12/2020 | 31/12/2020 VINCI Autoroutes 34,375 |
31/12/2020 VINCI Airports 5,463 |
31/12/2020Other concessions (*)2,136 | 31/12/2020Total41,974 |
| Acquisitions during period (**) | Acquisitions during period (**)VINCI Autoroutes 599 |
Acquisitions during period (**)VINCI Airports 121 |
Acquisitions during period (**)Other concessions (*)33 |
Acquisitions during period (**)Total753 |
| Disposals during period | Disposals during period VINCI Autoroutes (2) |
Disposals during period VINCI Airports (1) |
Disposals during period Other concessions (*)(5) |
Disposals during period Total(8) |
| Currency translation differences | Currency translation differences VINCI Autoroutes - |
Currency translation differences VINCI Airports 95 |
Currency translation differences Other concessions (*)(39) |
Currency translation differences Total55 |
| Changes in scope and other | Changes in scope and other VINCI Autoroutes 14 |
Changes in scope and other VINCI Airports 117 |
Changes in scope and other Other concessions (*)54 |
Changes in scope and other Total184 |
VINCI Autoroutes 34,986 |
VINCI Airports 5,794 |
Other concessions (*) 2,179 |
Total 42,959 |
|
| Grants received | Grants received VINCI Autoroutes (21) |
Grants received VINCI Airports - |
Grants received Other concessions (*)(25) |
Grants received Total(47) |
| 31/12/2021 | 31/12/2021 VINCI Autoroutes 34,964 |
31/12/2021 VINCI Airports 5,794 |
31/12/2021Other concessions (*)2,153 | 31/12/2021Total42,912 |
| VINCI Autoroutes
|
VINCI Airports
|
Other concessions (*)
|
Total
|
|
| Depreciation and impairment losses | Depreciation and impairment losses VINCI Autoroutes
|
Depreciation and impairment losses VINCI Airports
|
Depreciation and impairment lossesOther concessions (*)
|
Depreciation and impairment lossesTotal
|
| 01/01/2020 | 01/01/2020 VINCI Autoroutes (13,649) |
01/01/2020 VINCI Airports (804) |
01/01/2020Other concessions (*)(345) | 01/01/2020Total(14,798) |
| Depreciation during period | Depreciation during period VINCI Autoroutes (1,134) |
Depreciation during period VINCI Airports (122) |
Depreciation during period Other concessions (*)(74) |
Depreciation during period Total(1,330) |
| Impairment losses | Impairment losses VINCI Autoroutes - |
Impairment losses VINCI Airports (44) |
Impairment losses Other concessions (*)- |
Impairment losses Total(44) |
| Disposals during period | Disposals during period VINCI Autoroutes - |
Disposals during period VINCI Airports - |
Disposals during period Other concessions (*)- |
Disposals during period Total- |
| Currency translation differences | Currency translation differences VINCI Autoroutes - |
Currency translation differences VINCI Airports 35 |
Currency translation differences Other concessions (*)28 |
Currency translation differences Total63 |
| Other movements | Other movements VINCI Autoroutes (14) |
Other movements VINCI Airports 37 |
Other movements Other concessions (*)(2) |
Other movements Total21 |
| 31/12/2020 | 31/12/2020 VINCI Autoroutes (14,797) |
31/12/2020 VINCI Airports (898) |
31/12/2020Other concessions (*)(393) | 31/12/2020Total(16,088) |
| Depreciation during period | Depreciation during period VINCI Autoroutes (1,167) |
Depreciation during period VINCI Airports (116) (***) |
Depreciation during period Other concessions (*)(66) |
Depreciation during period Total(1,348) |
| Impairment losses | Impairment losses VINCI Autoroutes - |
Impairment losses VINCI Airports (68) |
Impairment losses Other concessions (*)- |
Impairment losses Total(68) |
| Disposals during period | Disposals during period VINCI Autoroutes - |
Disposals during period VINCI Airports 1 |
Disposals during period Other concessions (*)5 |
Disposals during period Total6 |
| Currency translation differences | Currency translation differences VINCI Autoroutes - |
Currency translation differences VINCI Airports (32) |
Currency translation differences Other concessions (*)4 |
Currency translation differences Total(28) |
| Other movements | Other movements VINCI Autoroutes (16) |
Other movements VINCI Airports (46) |
Other movements Other concessions (*)(19) |
Other movements Total(81) |
| 31/12/2021 | 31/12/2021 VINCI Autoroutes (15,979) |
31/12/2021 VINCI Airports (1,135) |
31/12/2021Other concessions (*)(469) | 31/12/2021Total(17,583) |
| VINCI Autoroutes |
VINCI Airports |
Other concessions (*) | Total | |
| Net | Net VINCI Autoroutes
|
Net VINCI Airports
|
NetOther concessions (*)
|
NetTotal
|
| 01/01/2020 | 01/01/2020 VINCI Autoroutes 20,141 |
01/01/2020 VINCI Airports 4,633 |
01/01/2020Other concessions (*)2,095 | 01/01/2020Total26,869 |
| 31/12/2020 | 31/12/2020 VINCI Autoroutes 19,578 |
31/12/2020 VINCI Airports 4,564 |
31/12/2020Other concessions (*)1,744 | 31/12/2020Total25,886 |
| 31/12/2021 | 31/12/2021 VINCI Autoroutes 18,985 |
31/12/2021 VINCI Airports 4,659 |
31/12/2021Other concessions (*)1,684 | 31/12/2021Total25,329 |
(*) Including the concessions of Cobra IS.
(**) Including capitalised borrowing costs.
(***) See Note D.4.3, “Depreciation and amortisation”.
In 2021, acquisitions of concession intangible assets amounted to €753 million. They included investments by the ASF group for €310 million (€253 million in 2020), by Cofiroute for €174 million (€174 million in 2020), by Arcos for €57 million (€107 million in 2020) and by VINCI Airports for €111 million (€247 million in 2020).
Concession intangible assets include assets under construction for €1,307 million at 31 December 2021 (€1,697 million at 31 December 2020). These relate to VINCI Autoroutes subsidiaries for €959 million (including ASF for €388 million, Cofiroute for €371 million and Escota for €169 million) and VINCI Airports for €343 million.
At 31 December 2021, concession intangible assets relating to certain VINCI Airports assets were tested for impairment, leading to €68 million of impairment, mainly concerning an airport in Cambodia.
The main PPP contracts operated by Group subsidiaries are presented on the asset side of the consolidated balance sheet for their part at more than one year under “Other non-current financial assets” and concern the following:
