ADP // 2021 Universal Registration Document

F I NANC I AL I NFORMAT I ON

GROUPE ADP CONSOLIDATED FINANCIAL STATEMENTS AS OF 31 DECEMBER 2021

RESTRUCTURATION OF TAV TUNISIA 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). MATURITIES The maturity schedule of loans and receivables is as follows:

As at 31 Dec. 2021

0-1 year

1-5 years

Over 5 years

(in millions of euros)

Receivables and current accounts from associates

261

44

158 185

59

Other receivables and accrued interest related to investments

10

7 3 6

(182)

Loans and security deposits

11

6

2

Receivables, as lessor, in respect of finance leases

127

17

104

Receivables from asset disposals

-

-

-

-

Other financial assets Trade receivables Contract assets Other receivables1

276 827

133

87

56

827

- - -

- - -

9

9

171

171

LOANS AND RECEIVABLES 39 1 Other receivables exclude all accounts which do not constitute, within the terms of IAS 32, contractual rights, such as tax and social security receivables. 1,692 1,200 453

CREDIT RISKS

6

Credit risk represents the risk of financial loss to the Group in the case where a customer or counter-party to a financial instrument failing to meet its contractual obligations. This risk essentially results from customer debts and investment securities.

The book value of financial assets represents the maximum exposure to credit risk. This maximum exposure to credit risk on the closing date is as follows:

As at 31 Dec. 2021

As at 31 Dec. 2020

(in millions of euros)

Equity instruments

480

61

Financial assets recognized at fair value through the income statement

-

7

Loans and receivables less than one year Loans and receivables more than one year

1,200

1,091

492

310

Cash and cash equivalents

2,379 4,551

3,463 4,932

TOTAL

Loans granted to international subsidiaries were impaired of €125 million in 2020 and €46 million in 2021 as part of impairment tests carried out on companies consolidated by the equity method. The accumulated impairment loss at the end of fiscal year 2021 is equal to €171 million (see note 4.9.2).

347

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