To estimate the S&P-adjusted FFO-to-debt ratio for VINCI for the fiscal year ended December 31, 2022, we follow the steps provided:

### 1. Industry Identification
VINCI operates primarily in concessions (highways, airports) and construction. Based on the provided methodologies, the **Transportation Infrastructure** sector is the most relevant.

### 2. Adjusted EBITDA
*   **Reported Profit from Ordinary Operating Activities:** 6,824,000,000 EUR
*   **Depreciation and Amortization:** 3,613,000,000 EUR
*   **EBITDA (Reported):** 6,824,000,000 + 3,613,000,000 = 10,437,000,000 EUR
*   **Adjustments:** 
    *   Add: Expense from share-based payments (356,000,000)
    *   Subtract: Non-recurring other operating income (8,000,000)
*   **Adjusted EBITDA:** 10,437,000,000 + 356,000,000 - 8,000,000 = 10,785,000,000 EUR

### 3. FFO (Funds From Operations)
*   **Adjusted EBITDA:** 10,785,000,000 EUR
*   **Cash Interest:** Reported Net Finance Costs are 614,000,000 EUR. 
*   **Cash Taxes:** Income Taxes Paid Classified as Operating Activities are 1,603,000,000 EUR.
*   **FFO:** 10,785,000,000 - 614,000,000 - 1,603,000,000 = 8,568,000,000 EUR

### 4. Adjusted Debt
*   **Reported Debt (Noncurrent Bonds + Other Noncurrent Borrowings + Shortterm Borrowings):** 20,425,000,000 + 3,205,000,000 + 6,368,000,000 = 29,998,000,000 EUR
*   **Leases (Noncurrent + Current):** 1,580,000,000 + 522,000,000 = 2,102,000,000 EUR
*   **Pension Deficit (Noncurrent Provisions for Employee Benefits):** 1,149,000,000 EUR
*   **Total Debt items:** 29,998,000,000 + 2,102,000,000 + 1,149,000,000 = 33,249,000,000 EUR
*   **Eligible Cash (Cash and Cash Equivalents + Current Cash Management Financial Assets):** 11,065,000,000 + 200,000,000 = 11,265,000,000 EUR
*   **Adjusted Debt:** 33,249,000,000 - 11,265,000,000 = 21,984,000,000 EUR

### 5. Calculation
*   **FFO / Adjusted_Debt:** 8,568,000,000 / 21,984,000,000 = 0.3897379...

Rounding to four decimal places: 0.3897

<answer>0.3897</answer>