ADP // 2021 Universal Registration Document

F I NANC I AL I NFORMAT I ON

GROUPE ADP CONSOLIDATED FINANCIAL STATEMENTS AS OF 31 DECEMBER 2021

4.9.4 Changes in share of net assets Changes in the Group’s share of the net asset value of associates and joint ventures at the beginning and ending of the periods are as follows:

Net amount as at 1 Jan 2021

Net amount as at 31 Dec. 2021

Change in translation adjustment reserves

Share of net profit (loss) for the period

Change in other reserves and reclassifications

Subscription of share capital

Change in consolidation scope

Dividends paid 1

(in millions of euros)

International and airport developments

1,902

(61)

(364)

- - - -

57

46

(29)

1,551

Retail and services

-

- - -

- - -

- - -

-

-

-

Real estate

31 10

(7)

(1) (1)

23

Other activities

-

9

TOTAL INVESTMENT IN ASSOCIATES

1,943

(61)

(364)

-

57

39

(31)

1,583

1 Including the results of tax-transparent real estate companies.

compensate the negative financial position of equity investments (see note 8.1). Receivables and current accounts net of depreciation from associates are detailed in note 9.6.

The change in the scope of consolidation for the period mainly concerns the termination of the Hublink industrial cooperation agreement with Royal Schiphol Group and ADP International America’s acquisition of a stake in Embassair Group US Inc. The other changes concern the commitments made by the Group to

6

4.9.5 Summary Financial Information The following accounting aggregates of GMR Airports Ltd, and TAV Antalya have been drawn up in accordance to IFRS as adopted by Europe, homogenized according to Group accounting policies. It should be noted that the financial statements of GMR Airports Ltd presented are the interim financial statements at 31 December 2021 established on basis of audited financial statements at 30 September 2021 and adjusted of operations over the last quarter of 2021.

GMR Airports Ltd TAV Antalya As at Dec. 31, 2021 As at 31 Dec. 2020 As at 31 Dec. 2021 As at 31 Dec. 2020

(in millions of euros)

Intangible assets

1,183

407 968 286

427

327

Property, plant and equipment

1,075

58

50

Investments in associates

288 746

-

-

Other non-current financial assets

914

2

2

Deferred tax assets Non-current assets

65

43

24 511

35

3,357

2,618

414

Inventories

10

10

2 5

1

Trade receivables

33

29

4

Other receivables and prepaid expenses

702 222 967

467

19

39 57 101 515

Cash and cash equivalents

181

75

Current assets TOTAL ASSETS

687

101 612

4,324

3,305

313

AÉROPORTS DE PAR I S / UN I VERSAL REG I STRAT I ON DOCUMENT 202 1