MAIN ECONOMIC FIGURES
We exceeded the traffic volume by 7.5% compared to the previous year, confirming the upward trend in all the assets and areas we manage. In 2022, the total investment managed increased by 12.2% and income by 26%, so overall the year was positive, as we strive to improve our results every fiscal year.
Number of concessions
NO. OF EMPLOYEES
KM MANAGED
DAILY VEHICLES
INCOME
EBITDA
INVESTMENT
Our debt, at 31 December 2022, totalled 2,112.1 million euros, taking into account only the outstanding principal balance, converted to euros and adjusted by our ownership percentage of each project.
This figure differs from the €1,960 million in debt included in the ROADIS consolidated annual accounts due to:
Consolidation percentages
Unpaid interest
99.3% (2,096.8 million euros) of our debt at 31 December 2022 belongs to the concessionary companies of the projects in which we participate. Only 0.7% (€15.3 million) corresponds to the debt of the ROADIS parent company. Some of our projects do not have any type of debt, after having paid back all the project debt
96% of our debt (€2,031.8 million) is without recourse to shareholders and is not exposed to variations in interest rates. Only 4% of the total debt is the debt of the ROADIS parent company, or has a corporate guarantee issued by the parent company.
75% of our debt is at a fixed rate and 5% is hedged against interest rate variations through derivative contracts. The remaining 20% is subject to possible variations in the benchmark interest rates of each loan.
Our debt linked to the variable interest rate totalled 536.8 million euros at 31 December 2022:
- €65 million is linked to the TJLP (debt in Brazilian reals).
- 206.6 million euros is linked to the TIIE (debt in Mexican pesos)
- 27.8 million euros is linked to the Euribor (debt in euros).
- 237.4 million euros is linked to the MCLR (debt in Indian rupees).
Parts of our debt linked to a variable interest rate (536.8 million euros) is hedged through interest-rate derivatives:
- 51% of the debt linked to the Mexican TIIE (105 million euros) and 43% of the debt linked to the Euribor is hedged by interest rate derivatives (12 million euros).
65% of our debt has a maturity of more than 5 years. 19% has a maturity between 2 and 5 years. Our short-term debt, i.e., maturing within 12 months, accounts for 16% of the total. However, if the effect of the NH1 debt is excluded (considered short-term in its entirety due to the ongoing termination process), only 5% of our debt matures within 12 months.
