French General Code of Local Authorities
In forceThe presentation of the assets under concession relates to the structures owned by the conceding authority pursuant to the first paragraph of article L. 322-4 of the Energy Code, identified by category of facilities. It indicates, for each of these categories, their gross value and its annual variation, their net book value, their replacement value and the amount of provisions for renewal set aside annually and accumulated, as well as a summary of the specific liabilities attached to them and their depreciation period.
The table of changes in gross values shows, for the year in question, asset retirements, the sources of financing for the facilities brought into service during the year, detailing the financial contributions of the grantor and third parties, as well as the net contributions of the concession operator.
The summary of specific liabilities distinguishes between the respective financing provided by the concession grantor and the concession operator, the amortisation of financing provided by the concession grantor and the balance of the provision for renewal.
