Financial Analysis of the National Motorway Fund for 2023

The financial statement of the National Motorway Fund (CNA) for the 2023 financial year shows total assets of €1,115,203,669.59. This amount is mainly invested in financial assets amounting to €1,114,837,465.58, representing loans to motorway concession companies.

Equity remained stable at €101,204.01, while financial liabilities, including bonds and contractual loans, reached an amount equivalent to fixed assets. Financial expenses amounted to €35,369,201.94, fully offset by financial income, resulting in a net profit of zero for the year.

Operating expenses, including management by the Caisse des Dépôts, amount to €481,999.11 and remain constant compared to operating income of the same amount, reflecting balanced budget management for the year.