Based on the Group’s organisational structure and internal reporting system, segment information is presented by business line. The Group’s organisation consists of six business lines in three businesses – Concessions, Energy and Construction – along with VINCI Immobilier, which is a business line that reports directly to the holding company.
In accordance with IFRS 8 “Operating segments”, segment information is presented according to this organisation.
VINCI Autoroutes: motorway concessions in France (ASF, Escota, Cofiroute, Arcour, Arcos).
VINCI Airports: operation of airports in France and in 11 other countries under full ownership, concession contracts and/or delegated management.
Other concessions: VINCI Highways (motorway and road infrastructure, mainly managed outside France), VINCI Railways (rail infrastructure) and VINCI Stadium (stadium management in France).
VINCI Energies: services to the manufacturing sector, infrastructure, facilities management, and information and communication technology.
Cobra IS: industrial and energy-related services, development of renewable energy concession assets, and EPC (engineering, procurement and construction) projects in the energy sector.
VINCI Construction, which is organised around three pillars:
VINCI Immobilier: property development (residential properties, commercial properties), management of serviced residences and property services.
The data below is for each Group business line and is stated before elimination, at their own level, of transactions with the rest of the Group.
Performance indicators that do not appear on the face of the financial statements are defined in Note 3 in this section.