ADP // 2021 Universal Registration Document

F I NANC I AL I NFORMAT I ON

GROUPE ADP CONSOLIDATED FINANCIAL STATEMENTS AS OF 31 DECEMBER 2021

9.4.1 Details of loans and financial debt Loans and financial debt at the closing date may be analysed in this way:

As at 31 Dec. 2021

Non-current portion

Current portion

As at 31 Dec. 2020

Non-current portion

Current portion

(in millions of euros)

Bonds

8,206 1,656

7,806 1,048

400 608

8,594

8,193

401 942

1,784

842

Bank loans 1

Lease obligations

100 166 147

90

10

111

98

13

Other loans and assimilated debt

162

4

243

178

65

Accrued interest

-

147

175

-

175

Debt (excluding derivatives)

10,275

9,106

1,169

10,907

9,311

1,596

Derivative financial instruments (liabilities)

38

38

-

61

59

2

TOTAL DEBT 9,370 1,598 1 In 2020, the current portion of bank loans includes €568 million of bank loans from concessionaire companies that have not respected the bank ratios of the financing agreements (TAV Tunisia and AIG); at the end of December 2021, it amounts to €247 million. Regarding AIG, negotiations are ongoing with lenders and both parties strive to find a consensual solution. Regarding Tunisia, restructuring was completed and the payment schedule was reviewed. 10,313 9,144 1,169 10,968

Changes in loans and financial debt as at 31 December 2021 are as follows:

Changes from non financing cash flows

Changes from financing cash flows

Changes in consolidation scope

Change in fair value

As at 31 Dec. 2021

Other changes

Exchange differences

As at 31 Dec. 2020

Increase / subscription 1

Repay

ment 1 (400)

(in millions of euros)

6

Bonds

8,594

-

(400)

- -

-

11

-

1

8,206 1,656

Bank loans

1,784

284 (250)

34

16

-

4 (182)

Other loans and assimilated debt

243

10 (104)

(94)

-

5

-

6

6

166

TOTAL LONG TERM DEBT

10,621

294 (754)

(460)

-

21

11

10 (175)

10,028

Lease obligations Debt (excluding derivatives) Accrued interest Derivative financial instruments (liabilities)

111

-

(17)

(17)

-

-

-

-

6

100

10,732

294 (771)

(477)

-

21

11

10 (169)

10,128

175

-

-

-

2

3

3

-

(36)

147

-

-

1

(53)

-

29

38

61

-

-

TOTAL DEBT 10,313 1 The increases/subscriptions and repayments of debt excluding derivatives and excluding accrued interests are disclosed in the consolidated cash flow statement respectively under the lines “Proceeds from long-term debt” and “Repayment of long-term debt”. 10,968 294 (771) (477) 2 25 (39) 10 (176)

corresponding mainly to the repayment of the loan of 175 million euros contracted in 2020 (see note 12.1). The other changes in bank loans mainly represent movements relating to the restructuring of the debt of TAV Tunisia.

Loan repayments of 771 million euros include repayments of long-term debts and lease debts of 578 million euros, as well as cash flows related to discontinued operations of 176 million euros

9.4.2 Net financial debt Net financial debt as defined by Groupe ADP corresponds to the amounts appearing on the liabilities of the balance sheet under the items non-current loans and debts, and current loans

and debts, debt related to the minority put option, reduced by derivative financial instruments in an asset position, cash and cash equivalents and restricted bank balances.

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