On 7 December 2022, VINCI Airports completed the acquisition of 100% of the equity interests in Seta and Aerodrome. These two companies together indirectly held a 29.99% stake in OMA, which operates 13 airports in Mexico. In accordance with IFRS 3, the Group finalised the allocation of the purchase price with the help of an independent valuer in the second half of 2023. The final goodwill figure was €467 million, and has been recognised within the VINCI Airports CGU.
On 29 December 2022, VINCI Energies acquired most of Kontron AG’s IT services business in Germany, Switzerland and eight countries in Central and Eastern Europe. The final price was €395 million. The Group measured the fair value of the identifiable assets acquired and liabilities assumed and allocated the purchase price. The final goodwill amount is €325 million and has been allocated to the CGUs concerned (see Note E.9, “Goodwill”).
Other changes in 2022 mainly concerned:
For all these acquisitions, VINCI measured the identifiable assets and liabilities of the acquirees at their fair value in accordance with IFRS 3.
Other acquisitions in 2022 were not material with respect to consolidated Group figures.
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 and Arcos). VINCI Airports: operation of airports in France and in 12 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, building solutions and facilities management, and information and communication technology.
Cobra IS: industrial and energy-related services, work on large EPC (engineering, procurement and construction) projects in the energy sector, and development of renewable energy assets (solar and wind farms).
VINCI Construction, which is organised around three pillars:
