2013-vinci-annual-report

F. Notes on the main features of concession and publicprivate
partnership (PPP) contracts
24. Controlled subsidiaries’ concession contracts – intangible asset model
270 VINCI 2013 ANNUAL REPORT
24.1 Main features of concession contracts
The main features of contracts for concessions operated by controlled subsidiaries and accounted for using the intangible asset model are
as follows:
Control and regulation
of prices by
concession grantor
Remuneration
paid by
Motorway and road infrastructure (including bridges and tunnels)
ASF group
ASF
2,714 km of toll
motorways
(France)
Escota
459 km of toll
motorways
(France)
Cofiroute
Intercity network
1,100 km of toll
motorways (France)
Pricing law as defined in
the concession
contract. Price increases
subject to agreement by
grantor
Pricing law as defined in
the concession
contract. Price increases
subject to agreement by
grantor
Pricing law as defined in
the concession
contract. Price increases
subject to agreement by
grantor
Users
Users
Users
Grant or guarantee
from concession
grantor
Nil
Nil
Nil
Residual value
Infrastructure returned
to grantor for no
consideration at the end
of the contract unless
purchased before term
by the grantor on the
basis of the economic
value
Infrastructure returned
to grantor for no
consideration at the end
of the contract unless
purchased before term
by the grantor on the
basis of the economic
value
Infrastructure returned
to grantor for no
consideration at the end
of the contract unless
purchased before term
by the grantor on the
basis of the economic
value
Concession end
date
Accounting model
2033 Intangible asset
2027 Intangible asset
2031 Intangible asset
A86 Duplex
11 km
toll tunnel in the Paris
region (France)
Pricing law as defined in
the concession
contract. Price increases
subject to agreement by
grantor
Users
Nil
Infrastructure returned
to grantor for no
consideration at the end
of the contract, unless
purchased before term
by the grantor on the
basis of the economic
value
2086 Intangible asset
Other concessions
Arcour (A19)
101 km of toll
motorways (France)
Pricing law as defined in
the concession
contract. Price increases
subject to agreement by
grantor
Users
Investment
grant
Infrastructure returned
to grantor for no
consideration at the end
of the contract
2070 Intangible asset