Find all the Annual and Quarterly Financial published since 2013. The documentation corresponding to previous years (since the IPO in 2010) is available upon request.
On this webpage, Amadeus makes available all Annual and Quarterly Financial Information. The documentation from the current year is posted on the corresponding section and the previous years’ documentation down to 2013 is available through the download centre. The documentation corresponding to the 2010-2012 period will be available upon request through our IR inbox.
The Quarterly Information includes the following financial documents issued on a quarterly basis and reported to the CNMV:
Management Review
Results Presentation
Results Press Release
Any other related official documentation.
The Annual Reports contain the annual financial statements and management reports of Amadeus IT Holding, S.A., both individual and consolidated with its subsidiaries, as well as the respective audit reports.
Presentations regarding specific events of interest such as acquisitions or Capital Market Days can be found under the Presentation section where you can also find our introductory presentation.
The Group's long term financial strategy pursues the following objectives:
Reduce cost of financing by reducing the credit spreads
Diversify funding sources
Increase flexibility
Extend the maturity profile of our debt
Overview of Amadeus' debt structure
Description
Amount
Maturity
Comments
Capital markets financing
Euro Bond
€500m
€500m
€500m
May 2019
Oct 2020
Nov 2021
May 2019
October 2020
November 2021
EIB Loans
Development Loan
€105m
May 2021
First loan:
Senior loan of €200m to finance R&D investment in IT. Amortising: bi-annual payments from Nov 2015 (first tranche of €150m) and Nov 2016 (second tranche of €50m), last payment in May 2021
€120m
May 2022
Second loan:
Senior loan of €150m to finance R&D investment in Distribution. Amortising: bi-annual payments from Nov 2017, last payment in May 2022
ECP
European Commercial Paper
€550m
Max 364 days
Short term financing facility (Max €750m)
Revolving Credit Facilities
Revolving(1)
€1000m
Apr 2023
Available liquidity to cover working capital needs and other
(1) As of June 2018 the revolving credit facility maturing in April 2023 remained undrawn
Debt maturity profile as of June 30, 2018 (€m)
Euro Bonds
EIB loans
ECP
Eurobond issuances
Amadeus has currently one program (Euro Medium Term Note Programme) for a maximum amount of 2,400 Million guaranteed by Amadeus IT Group S.A.
Amadeus set ip in December 2014 an European Commercial Paper Program amounting € 500M, this program has been increased in accordance with the relevant fact issued on 10 August of 2016 to € 750M
On June 14, 2011 Amadeus IT Holding S.A. (currently Amadeus IT Group S.A.) obtained an "investment grade" credit rating from Standard & Poor's and Moody's. The corporate credit ratings obtained are as follows, in both cases with a "stable" perspective.
Pursuant to the Spanish legislation in force, the disclosures related to the Directive on trade payables as of December 31, 2017 for the Spanish subsidiaries is set forth in the table below:
31.12.2017
Average payment periods to suppliers (days)
32
Average payment terms (days)
32
Outstanding payment transactions (days)
33
Total payments ordered(in milion euros)
1,239
Total outstanding payments (in milion euros)
76
Trade operations with suppliers of good and services received since the initial date of the Law 31/2014, December 3, have been taken into consideration to calculate the average payment term to trade accounts payable.
The trade payables considered as account payables eligible to be disclosed in the consolidated financial statements are those which by nature are trade accounts payable with suppliers of goods and services and, therefore, are included under the ‘Trade accounts payable’ caption in the current liabilities in the consolidated statement of financial position.
