Universal Registration Document 2024
FINANCIAL INFORMATION 6
GROUPE ADP CONSOLIDATED FINANCIAL STATEMENTS AS OF 31 DECEMBER 2024
13.3 Relations with senior executives and shareholders 13.3.1 Remuneration of senior executives
Senior executives at Aéroports de Paris SA are: the Chairman and Chief Executive Officer, the members of the Executive Committee (15) and the Board members appointed by the General Meeting and by the French State (12 eligible board members and 4 observers). Remuneration awarded to these senior executives amounted to €8.7 million in 2024, versus €8.3 million in 2023. This compensation includes short-term benefits (fixed and variable compensation and benefits in kind), as well as the corresponding employer charges, post employment benefits, and directors’ compensation. The increase
is linked to the increase in the total payroll of Executive Committee members and is mainly due to the difference between the performance bonuses paid in 2023 (in respect of 2022), which had been significantly affected by the failure to achieve the "satisfaction rate at departure" target, and the performance bonuses paid in 2024 (in respect of 2023) which took account of the achievement of all the 2023 targets set.
Remuneration attributed to senior executives and Directors breaks down as follows:
2024 8,712 5,814 2,311 8,125
2023 8,302 5,490 2,186 7,676
(In thousands of euros)
Remuneration of senior executives
Salaries and wages
Social security expenses
Total short term remuneration
Post employment benefit
135 452
196
Directors' fees
430
NOTE 14 OFF-BALANCE SHEET COMMITMENTS
14.1 Minimum lease payments The future minimum lease payments receivable for Groupe ADP as a lessor on existing contracts as at 31 December 2024 are as follows:
Total as at 31 Dec. 2024
0 - 1 year
1 - 5 years
Over 5 years
(in millions of euros)
Minimum lease payments receivable
3,816
379
1,197
2,240
14.2 Backlog
Total as at 31 Dec. 2024
0 - 1 year
1 - 5 years
Over 5 years
(in millions of euros)
Backlog
66
3
16
47
For the presentation of its backlog, the Group has chosen to apply the simplification proposed by IFRS 15 to exclude contracts with a duration inferior or equal to 12 months. Thus, the revenue expected on contracts presented in the Group backlog amounts to €66 million as of 31 December 2024 and are a result of contracts which fulfill the following characteristics: u signed at the closing date with third parties; u whose execution began on the closing date, or, if the contract is not fully performed, where the customer has a right to cancel this contract without penalty payment; u a duration of more than 1 year.
The backlog corresponds to future revenue linked to the services remaining to be performed at the reporting date as part of the contracts described above. It includes the income which correspond to only fixed orders from customers. To this extent, are excluded from the backlog the airport fees and ancillary fees considering that these services do not correspond to fixed orders (they are only contractualised to the use of the services by the customer). Additionally, the revenue from airport safety and security services are also excluded, considering that they are validated each year by the DGAC and depend on the costs incurred.
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UNIVERSAL REGISTRATION DOCUMENT 2024 w AÉROPORTS DE PARIS
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