Aéroports de Paris : Aéroports de Paris: H1 2012 pro forma consolidated financial statements, following the application of

   Aéroports de Paris : Aéroports de Paris: H1 2012 pro forma consolidated
  financial statements, following the application of standard IAS 19 revised

Since 1st January 2013, the Group Aéroports de Paris applies standard IAS 19
revised "Employee benefits" that eliminates the option allowing differing
recognition of actuarial gains and losses of employee benefit obligations,
called the "corridor approach". As a consequence, all actuarial gains and
losses of employee benefit obligations are now immediately recognised in
"Other Comprehensive Income".

Beyond the adoption of this amendment, the Group Aéroports de Paris chose to
recognise from now on the expense relative to retirement benefit obligations
by distinguishing the cost of current services (in operating income), the
interest cost related to retirement commitments (in financial income),
according to this standard. Until 2012 these expenses were entirely recorded
in operating income.

To allow a comparison with H1 2013 consolidated financial statement, to be
released on 29 August 2013, H1 2012 pro forma consolidated financial
statements have been prepared in accordance with the changes described above:

Impact on the H1 2012 consolidated P&L

In millions of Euros  H1 2012 as  H1 2012  Var.
                      published  pro forma      
Revenue                 1,267      1,267    -
                                                Employee benefit costs: -3
EBITDA                   464      468     +4  M€ (IAS 19 revised), +7 M€
                                                (change of presentation)
Operating Income from    282      286     +4  
Ordinary Activities
Operating Income         282      286     +4  
Net financial            (56)      (63)     -7  Financial expenses:-7 M€
income/expense                                  (change of presentation)
Income tax expense       (80)      (79)     +1  IAS 19 revised impact
Net income
attributable to the      147      145     -2  
Group

This change impacts significantly only the segments "Aviation" and "Retail and
Services" :

  oImpact on the P&L of the segment "Aviation":

In millions of Euros                      H1 2012 as published  H1 2012  Var.
                                                                pro forma
Revenue                                            761             761     -
EBITDA                                            143           146     +3
Operating Income from Ordinary                    25             28     +3
Activities
Operating Income                                  25             28     +3
                                                                     

  oImpact on the P&L of the segment "Retail and Services":

In millions of Euros                      H1 2012 as published  H1 2012  Var.
                                                                pro forma
Revenue                                            439             439     -
EBITDA                                            246           247     +1
Operating Income from Ordinary                    202           203     +1
Activities
Operating Income                                  202           203     +1

Impact on the consolidated statement of financial position as at 30.06.2012

In millions of Euros                       30.06.2012 as Adjustment 30.06.2012
                                             published               restated
ASSETS                                                 
Non-current assets                               7,613  -     7,613
Current assets                                    1,500  -     1,500
TOTAL ASSETS                                     9,113  -     9,113
SHAREHOLDERS' EQUITY AND LIABILITIES                    
Share capital                                      297  -       297
Share premium                                      543  -       543
Retained earnings                                2,729        26     2,755
Other equity items                                  (1)          -        (1)
Shareholders' equity                             3,568        26     3,594
Non-current debt                                  3,482  -     3,482
Provisions for employee benefit                     327       (40)       287
obligations (more than one year)
Deferred tax liabilities                           210        14       224
Other non-current liabilities                        64  -        64
Non-current liabilities                          4,083       (26)     4,057
Current liabilities                               1,461  -     1,461
TOTAL EQUITY AND LIABILITIES                      9,113          -     9,113

Impact on the consolidated statement of financial position as at 31.12.2012

In millions of Euros                       31.12.2012 as Adjustment 31.12.2012
                                             published               restated
ASSETS                                                 
Non-current assets                               7,829          0     7,829
Current assets                                    1,554  -     1,554
TOTAL ASSETS                                     9,383          0     9,383
SHAREHOLDERS' EQUITY AND LIABILITIES                             
Share capital                                      297  -       297
Share premium                                      543  -       543
Treasury shares                                      (2)          -        (2)
Retained earnings                                2,898         28      2,926
Other equity items                                  (4)       (48)       (52)
Shareholders' equity                             3,733       (20)     3,712
Non-current debt                                 3,483  -     3,483
Provisions for employee benefit                    330        31       361
obligations (more than one year)
Deferred tax liabilities                           212       (11)       202
Other non-current liabilities                        74  -        74
Non-current liabilities                          4,099        20     4,120
Current liabilities                               1,551  -     1,551
TOTAL EQUITY AND LIABILITIES                     9,383         0     9,383





Aéroports de Paris:H1 2012 proforma financial statements IAS19 revised

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