ADP // 2021 Universal Registration Document

F I NANC I AL I NFORMAT I ON 6 GROUPE ADP CONSOLIDATED FINANCIAL STATEMENTS AS OF 31 DECEMBER 2021

The breakdown of the residual contractual maturities of financial liabilities is as follows:

Total contractual payments 31/12/2021

Balance sheet value 31/12/2021

0-1 year

1-5 years Over 5 years

(in millions of euros)

Bonds

8,206

8,302

400 386

2,502

5,400

Bank loans

1,656

1,816

963

467

Lease obligations

100 166 147

108 166

13

63 25

32

Other loans and assimilated debt

3

137

Interest on loans

1,433

218

670

545

Debt (excluding derivatives)

10,275

11,825

1,020

4,223

6,581

Trade payables

785

785

785

- -

- -

Contract liabilities

5

5

5

1,571

1,571

673

515

383

Other debts and other non-current liabilities 1

Debt at amortised cost

12,636

14,186

2,483

4,738

6,964

Outgoings

- -

16

7

9

- - -

Receipts

(3)

(1)

(2)

Hedging swaps

38

13 23

6 8

7

Outgoings

- -

13

2

Receipts

(2)

-

(1) 12

(1)

Trading swaps

(8)

21

8

1

TOTAL

12,666

14,220

2,497

4,757

6,965

1 Other debts exclude all accounts which do not constitute, within the terms of IAS 32, contractual obligations, such as tax and social security debts.

FINANCIAL COVENANTS The financing contracts related to the concessions (project finance) included early repayment clauses in the case of non-compliance with financial ratios. These contracts account for 11.2% of the total bank loans of the Group as of 31 December 2021.

At that date, the ratios are respected, except for one international concession (see note 9.4.1). The debts recognized in the balance sheet including covenants break down as follows:

Debts as at 31/12/2021

Amount with covenants

Amount in %

ADP SDA

8,514

213

2% 0% 0%

70 20

- -

Relay@ADP

AIG

243

243

100%

ADP International Americas

8

-

0%

TAVA

1,112 240

664 240

60%

TAV Tunisie

100% 100%

TAV Esenboga

34

34

TAV Izmir

237

226

95%

TAV Macedonia

30

30

100% 100%

TAV Bodrum

122

122

HAVAS Others

73

12

16% 0% 11%

377

-

TOTAL

9,967

1,120

Regarding bank debts, a restructuring agreement has been found with the lenders and the grantor, which resulted in a restructuration of the debt of TAV Tunisia in early 2021 (refer to note 2.1).

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