| (in € millions) | VINCI Autoroutes | VINCI Airports | Other concessions (*) | Total |
|---|---|---|---|---|
| Gross | Gross VINCI Autoroutes
|
Gross VINCI Airports
|
Gross Other concessions (*)
|
GrossTotal
|
| 01/01/2021 | 01/01/2021 VINCI Autoroutes 34,375 |
01/01/2021 VINCI Airports 5,463 |
01/01/2021 Other concessions (*)2,136 |
01/01/2021Total41,974 |
| 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 |
Total42,959 |
|
| 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 |
31/12/2021 Other concessions (*)2,153 |
31/12/2021Total42,912 |
| Acquisitions during period (**) | Acquisitions during period (**)VINCI Autoroutes 547 |
Acquisitions during period (**)VINCI Airports 131 |
Acquisitions during period (**)Other concessions (*)99 |
Acquisitions during period (**)Total777 |
| Disposals during period | Disposals during period VINCI Autoroutes (1) |
Disposals during period VINCI Airports (2) |
Disposals during period Other concessions (*)(1) |
Disposals during period Total(4) |
| Currency translation differences | Currency translation differences VINCI Autoroutes – |
Currency translation differences VINCI Airports 105 |
Currency translation differences Other concessions (*)186 |
Currency translation differences Total292 |
| Changes in scope and other | Changes in scope and other VINCI Autoroutes (3) |
Changes in scope and other VINCI Airports 3,230 |
Changes in scope and other Other concessions (*)175 |
Changes in scope and other Total3,402 |
VINCI Autoroutes 35,507 |
VINCI Airports 9,258 |
Other concessions (*)2,613 |
Total47,378 |
|
| Grants received | Grants received VINCI Autoroutes (22) |
Grants received VINCI Airports – |
Grants received Other concessions (*)(8) |
Grants received Total(30) |
| 31/12/2022 | 31/12/2022 VINCI Autoroutes 35,485 |
31/12/2022 VINCI Airports 9,258 |
31/12/2022 Other concessions (*)2,605 |
31/12/2022Total47,348 |
VINCI Autoroutes
|
VINCI Airports
|
Other concessions (*)
|
Total
|
|
| Amortisation and impairment losses | Amortisation and impairment losses VINCI Autoroutes
|
Amortisation and impairment losses VINCI Airports
|
Amortisation and impairment losses Other concessions (*)
|
Amortisation and impairment lossesTotal
|
| 01/01/2021 | 01/01/2021 VINCI Autoroutes (14,797) |
01/01/2021 VINCI Airports (898) |
01/01/2021 Other concessions (*)(393) |
01/01/2021Total(16,088) |
| Amortisation during period | Amortisation during period VINCI Autoroutes (1,167) |
Amortisation during period VINCI Airports (116) |
Amortisation during period Other concessions (*)(66) |
Amortisation during period Total(1,348) |
| Impairment losses | Impairment losses VINCI Autoroutes – |
Impairment losses VINCI Airports (68) |
Impairment losses Other concessions (*)– |
Impairment losses Total(68) |
| Reversals of impairment losses | Reversals of impairment losses VINCI Autoroutes – |
Reversals of impairment losses VINCI Airports 24 |
Reversals of impairment losses Other concessions (*)– |
Reversals of impairment losses Total24 |
| 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) |
31/12/2021 Other concessions (*)(469) |
31/12/2021Total(17,583) |
| Amortisation during period | Amortisation during period VINCI Autoroutes (1,186) |
Amortisation during period VINCI Airports (165) |
Amortisation during period Other concessions (*)(81) |
Amortisation during period Total(1,432) |
| Impairment losses | Impairment losses VINCI Autoroutes – |
Impairment losses VINCI Airports (45) |
Impairment losses Other concessions (*)– |
Impairment losses Total(45) |
| Disposals during period | Disposals during period VINCI Autoroutes – |
Disposals during period VINCI Airports 2 |
Disposals during period Other concessions (*)1 |
Disposals during period Total2 |
| Reversals of impairment losses | Reversals of impairment losses VINCI Autoroutes – |
Reversals of impairment losses VINCI Airports 3 |
Reversals of impairment losses Other concessions (*)– |
Reversals of impairment losses Total3 |
| Currency translation differences | Currency translation differences VINCI Autoroutes – |
Currency translation differences VINCI Airports (30) |
Currency translation differences Other concessions (*)(24) |
Currency translation differences Total(54) |
| Other movements | Other movements VINCI Autoroutes (16) |
Other movements VINCI Airports – |
Other movements Other concessions (*)1 |
Other movements Total(15) |
| 31/12/2022 | 31/12/2022 VINCI Autoroutes (17,182) |
31/12/2022 VINCI Airports (1,369) |
31/12/2022 Other concessions (*)(572) |
31/12/2022Total(19,124) |
VINCI Autoroutes
|
VINCI Airports
|
Other concessions (*)
|
Total
|
|
| Net | Net VINCI Autoroutes
|
Net VINCI Airports
|
Net Other concessions (*)
|
NetTotal
|
| 01/01/2021 | 01/01/2021 VINCI Autoroutes 19,578 |
01/01/2021 VINCI Airports 4,564 |
01/01/2021 Other concessions (*)1,744 |
01/01/2021Total25,886 |
| 31/12/2021 | 31/12/2021 VINCI Autoroutes 18,985 |
31/12/2021 VINCI Airports 4,659 |
31/12/2021 Other concessions (*)1,684 |
31/12/2021Total25,329 |
| 31/12/2022 | 31/12/2022 VINCI Autoroutes 18,304 |
31/12/2022 VINCI Airports 7,889 |
31/12/2022 Other concessions (*)2,032 |
31/12/2022Total28,224 |
(*) Including the concessions of Cobra IS.
(**) Including capitalised borrowing costs.
In 2022, acquisitions of concession intangible assets amounted to €777 million. They included investments by the ASF group for €323 million (€310 million in 2021), by Cofiroute for €181 million (€174 million in 2021), by VINCI Airports for €119 million (€111 million in 2021), by Cobra IS for €87 million and by Arcos for €17 million (€57 million in 2021).
Scope effects relate to the acquisition of Mexican airport operator OMA.
Concession intangible assets include assets under construction for €1,620 million at 31 December 2022 (€1,307 million at 31 December 2021). These relate to VINCI Autoroutes subsidiaries for €1,204 million (including ASF for €417 million, Cofiroute for €552 million and Escota for €234 million) and VINCI Airports for €407 million, of which Belgrade airport for €247 million).
At 31 December 2022, concession intangible assets relating to certain VINCI Airports assets were tested for impairment, leading to the recognition of an impairment loss totalling €45 million.
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:
