| (in € millions) | Notes | 2022 | 2021 | |
|---|---|---|---|---|
| Consolidated net income for the period (including non-controlling interests) | Consolidated net income for the period (including non-controlling interests)
|
Consolidated net income for the period (including non-controlling interests) Notes
|
Consolidated net income for the period (including non-controlling interests) 2022 4,417 |
Consolidated net income for the period (including non-controlling interests) 2021 2,195 |
| Depreciation and amortisation | Depreciation and amortisation
|
Depreciation and amortisation Notes 4.3 |
Depreciation and amortisation 2022 3,613 |
Depreciation and amortisation 2021 3,219 |
| Net increase/(decrease) in provisions and impairment | Net increase/(decrease) in provisions and impairment
|
Net increase/(decrease) in provisions and impairment Notes
|
Net increase/(decrease) in provisions and impairment 2022 – |
Net increase/(decrease) in provisions and impairment 2021 206 |
| Share-based payments (IFRS 2) and other restatements | Share-based payments (IFRS 2) and other restatements
|
Share-based payments (IFRS 2) and other restatements Notes
|
Share-based payments (IFRS 2) and other restatements 2022 162 |
Share-based payments (IFRS 2) and other restatements 2021 84 |
| Gain or loss on disposals | Gain or loss on disposals
|
Gain or loss on disposals Notes
|
Gain or loss on disposals 2022 (68) |
Gain or loss on disposals 2021 (27) |
| Change in fair value of financial instruments | Change in fair value of financial instruments
|
Change in fair value of financial instruments Notes
|
Change in fair value of financial instruments 2022 (236) |
Change in fair value of financial instruments 2021 (54) |
| Share of profit/(loss) of companies accounted for under the equity method and dividends received from unconsolidated companies | Share of profit/(loss) of companies accounted for under the equity method and dividends received from unconsolidated companies
|
Share of profit/(loss) of companies accounted for under the equity method and dividends received from unconsolidated companies Notes
|
Share of profit/(loss) of companies accounted for under the equity method and dividends received from unconsolidated companies 2022 (42) |
Share of profit/(loss) of companies accounted for under the equity method and dividends received from unconsolidated companies 2021 (18) |
| Cost of net financial debt recognised | Cost of net financial debt recognised
|
Cost of net financial debt recognised Notes 5 |
Cost of net financial debt recognised 2022 614 |
Cost of net financial debt recognised 2021 658 |
| Capitalised borrowing costs | Capitalised borrowing costs
|
Capitalised borrowing costs Notes
|
Capitalised borrowing costs 2022 (29) |
Capitalised borrowing costs 2021 (47) |
| Financial expense on leases | Financial expense on leases
|
Financial expense on leases Notes 6 |
Financial expense on leases 2022 48 |
Financial expense on leases 2021 43 |
| Current and deferred tax expense recognised | Current and deferred tax expense recognised
|
Current and deferred tax expense recognised Notes 7.1 |
Current and deferred tax expense recognised 2022 1,737 |
Current and deferred tax expense recognised 2021 1,625 |
| Cash flow from operations before tax and financing costs | Cash flow from operations before tax and financing costs
|
Cash flow from operations before tax and financing costs Notes C.1 |
Cash flow from operations before tax and financing costs 2022 10,215 |
Cash flow from operations before tax and financing costs 2021 7,884 |
| Changes in operating working capital requirement and current provisions | Changes in operating working capital requirement and current provisions
|
Changes in operating working capital requirement and current provisions Notes 19.1 |
Changes in operating working capital requirement and current provisions 2022 392 |
Changes in operating working capital requirement and current provisions 2021 1,579 |
| Income taxes paid | Income taxes paid
|
Income taxes paid Notes
|
Income taxes paid 2022 (1,603) |
Income taxes paid 2021 (1,213) |
| Net interest paid | Net interest paid
|
Net interest paid Notes
|
Net interest paid 2022 (563) |
Net interest paid 2021 (557) |
| Dividends received from companies accounted for under the equity method | Dividends received from companies accounted for under the equity method
|
Dividends received from companies accounted for under the equity method Notes
|
Dividends received from companies accounted for under the equity method 2022 92 |
Dividends received from companies accounted for under the equity method 2021 112 |
| Other long-term advances | Other long-term advances
|
Other long-term advances Notes
|
Other long-term advances 2022 854 (*) |
Other long-term advances 2021 – |
| Net cash flows (used in)/from operating activities | Net cash flows (used in)/from operating activities I |
Net cash flows (used in)/from operating activities Notes
|
Net cash flows (used in)/from operating activities 2022 9,387 |
Net cash flows (used in)/from operating activities 2021 7,806 |
| Purchases of property, plant and equipment and intangible assets | Purchases of property, plant and equipment and intangible assets
|
Purchases of property, plant and equipment and intangible assets Notes
|
Purchases of property, plant and equipment and intangible assets 2022 (2,621) |
Purchases of property, plant and equipment and intangible assets 2021 (1,214) |
| Proceeds from sales of property, plant and equipment and intangible assets | Proceeds from sales of property, plant and equipment and intangible assets
|
Proceeds from sales of property, plant and equipment and intangible assets Notes
|
Proceeds from sales of property, plant and equipment and intangible assets 2022 165 |
Proceeds from sales of property, plant and equipment and intangible assets 2021 137 |
| Operating investments (net of disposals) | Operating investments (net of disposals)
|
Operating investments (net of disposals) Notes C.1.1 |
Operating investments (net of disposals) 2022 (2,456) |
Operating investments (net of disposals) 2021 (1,077) |
| Investments in concession fixed assets (net of grants received) | Investments in concession fixed assets (net of grants received)
|
Investments in concession fixed assets (net of grants received) Notes
|
Investments in concession fixed assets (net of grants received) 2022 (880) |
Investments in concession fixed assets (net of grants received) 2021 (849) |
| Financial receivables (PPP contracts and others) | Financial receivables (PPP contracts and others)
|
Financial receivables (PPP contracts and others) Notes
|
Financial receivables (PPP contracts and others) 2022 44 |
Financial receivables (PPP contracts and others) 2021 33 |
| Growth investments (concessions and PPPs) | Growth investments (concessions and PPPs)
|
Growth investments (concessions and PPPs) Notes C.1.1 |
Growth investments (concessions and PPPs) 2022 (836) |
Growth investments (concessions and PPPs) 2021 (815) |
| Purchases of shares in subsidiaries and affiliates (consolidated and unconsolidated) | Purchases of shares in subsidiaries and affiliates (consolidated and unconsolidated)
|
Purchases of shares in subsidiaries and affiliates (consolidated and unconsolidated) Notes
|
Purchases of shares in subsidiaries and affiliates (consolidated and unconsolidated) 2022 (2,131) (**) |
Purchases of shares in subsidiaries and affiliates (consolidated and unconsolidated) 2021 (5,258) (***) |
| Proceeds from sales of shares in subsidiaries and affiliates (consolidated and unconsolidated) | Proceeds from sales of shares in subsidiaries and affiliates (consolidated and unconsolidated)
|
Proceeds from sales of shares in subsidiaries and affiliates (consolidated and unconsolidated) Notes
|
Proceeds from sales of shares in subsidiaries and affiliates (consolidated and unconsolidated) 2022 23 |
Proceeds from sales of shares in subsidiaries and affiliates (consolidated and unconsolidated) 2021 9 |
| Cash and cash equivalents of acquired companies | Cash and cash equivalents of acquired companies
|
Cash and cash equivalents of acquired companies Notes
|
Cash and cash equivalents of acquired companies 2022 140 (**) |
Cash and cash equivalents of acquired companies 2021 1,322 (***) |
| Net financial investments | Net financial investments
|
Net financial investments Notes
|
Net financial investments 2022 (1,967) (**) |
Net financial investments 2021 (3,927) (***) |
| Other | Other
|
Other Notes
|
Other 2022 (59) |
Other 2021 (82) |
| Net cash flows (used in)/from investing activities | Net cash flows (used in)/from investing activities II |
Net cash flows (used in)/from investing activities Notes
|
Net cash flows (used in)/from investing activities 2022 (5,318) |
Net cash flows (used in)/from investing activities 2021 (5,902) |
| Share capital increases and decreases and repurchases of other equity instruments | Share capital increases and decreases and repurchases of other equity instruments
|
Share capital increases and decreases and repurchases of other equity instruments Notes
|
Share capital increases and decreases and repurchases of other equity instruments 2022 491 |
Share capital increases and decreases and repurchases of other equity instruments 2021 739 |
| Transactions on treasury shares | Transactions on treasury shares
|
Transactions on treasury shares Notes 23.2 |
Transactions on treasury shares 2022 (1,100) |
Transactions on treasury shares 2021 (602) |
| Acquisitions/disposals of non-controlling interests (without acquisition or loss of control) | Acquisitions/disposals of non-controlling interests (without acquisition or loss of control)
|
Acquisitions/disposals of non-controlling interests (without acquisition or loss of control) Notes
|
Acquisitions/disposals of non-controlling interests (without acquisition or loss of control) 2022 (53) |
Acquisitions/disposals of non-controlling interests (without acquisition or loss of control) 2021 (19) |
| Dividends paid | Dividends paid
|
Dividends paid Notes 24 |
Dividends paid 2022 (1,892) |
Dividends paid 2021 (1,558) |
| - to shareholders of VINCI SA | - to shareholders of VINCI SA
|
- to shareholders of VINCI SA Notes
|
- to shareholders of VINCI SA 2022 (1,830) |
- to shareholders of VINCI SA 2021 (1,528) |
| - to non-controlling interests | - to non-controlling interests
|
- to non-controlling interests Notes 23.5 |
- to non-controlling interests 2022 (62) |
- to non-controlling interests 2021 (30) |
| Proceeds from new long-term borrowings | Proceeds from new long-term borrowings
|
Proceeds from new long-term borrowings Notes 25.1 |
Proceeds from new long-term borrowings 2022 2,786 |
Proceeds from new long-term borrowings 2021 1,791 |
| Repayments of long-term borrowings | Repayments of long-term borrowings
|
Repayments of long-term borrowings Notes 25.1 |
Repayments of long-term borrowings 2022 (3,653) |
Repayments of long-term borrowings 2021 (2,195) |
| Repayments of lease liabilities and financial expense on leases | Repayments of lease liabilities and financial expense on leases
|
Repayments of lease liabilities and financial expense on leases Notes
|
Repayments of lease liabilities and financial expense on leases 2022 (661) |
Repayments of lease liabilities and financial expense on leases 2021 (631) |
| Change in cash management assets and other current financial debts | Change in cash management assets and other current financial debts
|
Change in cash management assets and other current financial debts Notes 25 |
Change in cash management assets and other current financial debts 2022 1,245 |
Change in cash management assets and other current financial debts 2021 (785) |
| Net cash flows (used in)/from financing activities | Net cash flows (used in)/from financing activities III |
Net cash flows (used in)/from financing activities Notes
|
Net cash flows (used in)/from financing activities 2022 (2,836) |
Net cash flows (used in)/from financing activities 2021 (3,259) |
| Other changes | Other changes
IV |
Other changes Notes
|
Other changes 2022 74 |
Other changes 2021 117 |
| Change in net cash | Change in net cash I+II+III+IV |
Change in net cash Notes
|
Change in net cash 2022 1,306 |
Change in net cash 2021 (1,238) |
| Net cash and cash equivalents at beginning of period | Net cash and cash equivalents at beginning of period
|
Net cash and cash equivalents at beginning of period Notes
|
Net cash and cash equivalents at beginning of period 2022 10,188 |
Net cash and cash equivalents at beginning of period 2021 11,426 |
| Net cash and cash equivalents at end of period | Net cash and cash equivalents at end of period
|
Net cash and cash equivalents at end of period Notes 26.1 |
Net cash and cash equivalents at end of period 2022 11,495 |
Net cash and cash equivalents at end of period 2021 10,188 |
(*) Long-term advances received from the offtaker in respect of Polo Carmópolis in Brazil – see Note H.17.1, “Other intangible assets”.
(**) Including the acquisition of Mexican airport operator OMA. See Note B.1, “Changes in consolidation scope during the period”.
(***) Including the acquisition of ACS’s energy business (Cobra IS). See Note B.2, “Changes in consolidation scope in previous periods”.
| (in € millions) | Notes | 2022 | 2021 (*) |
|---|---|---|---|
| Net financial debt at beginning of period | Net financial debt at beginning of period Notes
|
Net financial debt at beginning of period 2022 (19,539) |
Net financial debt at beginning of period 2021 (*)(17,989) |
| Change in net cash | Change in net cash Notes
|
Change in net cash 2022 1,306 |
Change in net cash 2021 (*)(1,238) |
| Change in cash management assets and other current financial debts | Change in cash management assets and other current financial debts Notes
|
Change in cash management assets and other current financial debts 2022 (1,245) |
Change in cash management assets and other current financial debts 2021 (*)785 |
| (Proceeds from)/repayment of loans | (Proceeds from)/repayment of loans Notes
|
(Proceeds from)/repayment of loans 2022 867 |
(Proceeds from)/repayment of loans 2021 (*)404 |
| Other changes | Other changes Notes
|
Other changes 2022 74 |
Other changes 2021 (*)(1,501) |
| of which debts transferred during business combinations | of which debts transferred during business combinations Notes
|
of which debts transferred during business combinations 2022 (651) (**) |
of which debts transferred during business combinations 2021 (*)(907) (*) |
| of which changes in fair value | of which changes in fair value Notes
|
of which changes in fair value 2022 583 |
of which changes in fair value 2021 (*)52 |
| of which exchange rate effect and currency translation impact | of which exchange rate effect and currency translation impact Notes
|
of which exchange rate effect and currency translation impact 2022 126 |
of which exchange rate effect and currency translation impact 2021 (*)(672) |
| Change in net financial debt | Change in net financial debt Notes
|
Change in net financial debt 2022 1,002 |
Change in net financial debt 2021 (*)(1,549) |
| Net financial debt at end of period | Net financial debt at end of period Notes 25 |
Net financial debt at end of period 2022 (18,536) |
Net financial debt at end of period 2021 (*)(19,539) |
(*) Amounts adjusted following the final purchase price allocation for Cobra IS, acquired on 31 December 2021. See Note B.2, “Changes in consolidation scope in previous periods”.
(**) Including the acquisition of Mexican airport operator OMA. See Note B.1, “Changes in consolidation scope during the period”.
