Investor Presentaiton
Ile-de-France Mobilités' financing needs
2.5 Evolution of Ile-de-France Mobilités' outstanding debt volumes
M€
6 000
5 000
Debt evolution according to debt typology as of
31/12/2021
■Bond borrowing
Moody's : Aa3, stable outlook
Fitch : AA-
4 000
3 000
2 000
1 000
Investments' self-financing ratio
(in %)
18
NSV et SSD
EIB borrowing
Bank borrowing
0
2012 2013 2014 2015 2016 2017 2018 2019 2020 2021
Deleveraging capacity and and self-financing ratios
60%
50%
40%
30%
20%
10%
12,0
10,0
8,0
6,0
4,0
2,0
0%
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
Investments' self-financing ratio (gross savings/AIE)**
Deleveraging capacity (debt/gross savings)
-
Investor presentation 2022 Ile-de-France Mobilités
Develeraging capacity (in years)
In January 2022, Moody's changed it's IDFM rating
from Aa2 (negative outlook) to Aa3 (stable outlook)
The new rating reflects the impact the covid crisis
had on IDFM, despite the massive support from the
French State.
More precisely, the recognition of the State aid in the
form of debt has contributed to a slight deterioration
in certain financial ratios.
Discussions are underway with the French state to
allocate new sustainable financial resources to IDFM
The deleveraging ratio is expected to
reach 12,8 for 2022
AIE Actual Investment Expenses
îlede France
mobilitésView entire presentation