Financial data

    In millions of euros
    2017 (1)
    2016
    variation 2017/2016
    Revenue (1)
    In millions of euros
    3,617
    2017 (1)
    2,947
    2016
    +22.7%
    variation 2017/2016
    EBITDA (2)
    In millions of euros
    1,567
    2017 (1)
    1,195
    2016
    +31,1%
    variation 2017/2016
    Operating income from ordinary activities (3)
    In millions of euros
    1030
    2017 (1)
    664
    2016
    +55.1%
    variation 2017/2016
    Operating income
    In millions of euros
    1052
    2017 (1)
    696
    2016
    +51.1%
    variation 2017/2016
    Net income, Group share
    In millions of euros
    571
    2017 (1)
    435
    2016
    +31.2%
    variation 2017/2016

    (1) Including the full consolidation of TAV Airports in the 2nd half 2017.
    (2) Income from ordinary activities
    (3) Operating income from ordinay activities (including operating activities of associates) plus depreciation and amortisation and impairment of non-current assets, net of reversal.
    (4) Operating income (including operating activities of associates) before the impact of certain non-current income and expenses, including the share of profits/loss from operating activities of associates.

    Consolidated balance sheet

    In millions of euros
    2017
    2016
    Non current assets
    In millions of euros
    11.139
    2017
    8,106
    2016
    Current assets
    In millions of euros
    3,137
    2017
    2,476
    2016
    TOTAL ASSETS
    In millions of euros
    14,276
    2017
    10,592
    2016
    Shareholder's equity
    In millions of euros
    4,577
    2017
    4,284
    2016
    Non-current liabilities
    In millions of euros
    6,983
    2017
    5,060
    2016
    Current liabilities
    In millions of euros
    1,859
    2017
    1.241
    2016
    TOTAL EQUITY AND LIABILITIES
    In millions of euros
    14,276
    2017
    10,592
    2016

    Consolidated cash flows

    In millions of euros
    2017
    2016
    Cash flows from operating activities
    In millions of euros
    1 270
    2017
    875
    2016
    Cash flows used by investing activities
    In millions of euros
    888
    2017
    624
    2016
    Cash flows from financing activities
    In millions of euros
    114
    2017
    327
    2016
    Change in cash
    In millions of euros
    254
    2017
    76
    2016
    Netcash and cash equivalents at beginning of the period
    In millions of euros
    1 656
    2017
    1 732
    2016
    Netcash and cash equivalents at closing of the period
    In millions of euros
    1 910
    2017
    1 656
    2016

    Financial debt

    In millions of euros
    As at 31/12/2017
    As at 31/12/2016
    Financial liabilities
    In millions of euros
    5,911
    As at 31/12/2017
    4,484
    As at 31/12/2016
    Derivative financial instruments (liabilities)
    In millions of euros
    54
    As at 31/12/2017
    20
    As at 31/12/2016
    Total financial debt
    In millions of euros
    5,965
    As at 31/12/2017
    4,504
    As at 31/12/2016
    Derivative financial instruments (assets)
    In millions of euros
    (27)
    As at 31/12/2017
    (91)
    As at 31/12/2016
    Cash and cash equivalents
    In millions of euros
    (1,912)
    As at 31/12/2017
    (1,657)
    As at 31/12/2016
    Net financial debt
    In millions of euros
    3,797
    As at 31/12/2017
    2,709
    As at 31/12/2016
    Net debt/EBITDA
    In millions of euros
    2.42
    As at 31/12/2017
    2.27
    As at 31/12/2016
    Gearing (net debts/equity)
    In millions of euros
    70%
    As at 31/12/2017
    63%
    As at 31/12/2016

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