APRR 
By
18th January 2013
Consolidated revenue
in millions of euro | Q4 2011 | Q4 2012 | % change |
Toll revenues | 452.9 | 452.7 | 0.0% |
Revenue from retail facilities, telecommunications and other | 16.1 | 17.1 | 6.0% |
Revenue excluding Construction | 469.0 | 469.8 | 0.2% |
Construction revenue (IFRIC 12)* | 60.4 | 76.0 | 25.8% |
Traffic
in millions of kilometres travelled | Total network | ||
in millions of kilometres travelled | Q4 2011 | Q4 2012 | % change |
Light vehicles | 4,040 | 3,940 | -2.5% |
Heavy goods | 811 | 782 | -3.6% |
Total | 4,851 | 4,722 | -2.7% |
Overall traffic measured by the number of kilometres travelled decreased by 2.7% year-on- year in the fourth quarter of 2012.
The 2.5% decrease in light vehicle traffic masks contrasting monthly performances, with the timing of the Christmas school holidays leading to a shift of traffic from December 2012 to January 2013.
Heavy goods vehicle traffic continues to be impacted by the deterioration in the economic environment and declined by 3.6% compared with the fourth quarter of 2011.
Consolidated revenue
in millions of euro | 2011 | 2012 | % change |
Toll revenues | 1,961.0 | 1,971.1 | 0.5% |
Revenue from retail facilities, telecommunications and other | 60.6 | 67.5 | 11.3% |
Revenue excluding Construction | 2,021.6 | 2,038.6 | 0.8% |
Construction revenue (IFRIC 12)* | 159.0 | 187.9 | 18.2% |
This increase was due to toll revenues, which account for 96.7% of total revenue and increased by 0.5%, thanks to the tariff increase, and to other revenue (retail facilities, telecommunications and other), which increased by 11.3%.
Traffic
in millions of kilometres travelled | Total network | ||
in millions of kilometres travelled | 2011 | 2012 | % change |
Light vehicles | 18,203 | 17,971 | -1.3% |
Heavy goods | 3,297 | 3,172 | -3.8% |
Total | 21,500 | 21,143 | -1.7% |
Light vehicle traffic, which was affected notably by the unfavourable weather conditions during the first half of 2012, declined by 1.3% compared with 2011, with contrasting performances from one month to the next.
Heavy goods vehicle traffic has been adversely impacted by the economic downturn since the last quarter of 2011 and declined by 3.8% compared with 2011.
(*) Reminder: the application of IFRIC 12 from 1 January 2009 requires the recognition of revenue generated by construction activities, which corresponds to infrastructure construction services performed by the concession operator for the account of the concession grantor, this work being entrusted to third parties and recognised using the percentage of completion method.
