ADP // 2021 Universal Registration Document

F I NANC I AL I NFORMAT I ON

GROUPE ADP CONSOLIDATED FINANCIAL STATEMENTS AS OF 31 DECEMBER 2021

ACQUISITION OF SUBSIDIARIES AND ASSOCIATES (NET OF ACQUIRED CASH)

2021 (315)

2020

(in millions of euros)

Acquisitions of subsidiaries and investments (net of cash acquired)

(1,221)

In 2020, the flow related to the financial investments, the acquisitions of subsidiaries and equity interests was mainly due to: ◆ the acquisition of GMR Infrastructure Services Limited shares by ADP SA for an amount of €687 million (including acquisition costs of shares) as part of the first phase of acquisition of the GMR Airports Limited group; ◆ the acquisition of GMR Airports Limited shares by ADP SA for €405 million (including acquisition costs of shares) and the capital increase in GMR Airports Limited from ADP SA for €118 million related to the second phase of acquisition of the Indian group.

In 2021, the flow related to the financial investments, the acquisitions of subsidiaries and equity interests is mainly due to: ◆ the acquisition of Almaty International Airport JSC and Venus Trading LLP shares by TAV group for an amount of USD 372 million disbursed for the period.

13.2.3 Cash flows from financing activities

2021

2020 4,189 (884)

(in millions of euros)

Proceeds from long-term debt Repayment of long-term debt

294

(578)

6

Repayments of lease debts and related financial charges

(17)

(15)

Capital grants received in the period

1

7

Revenue from issue of shares or other equity instruments

(1)

1

Net purchase/disposal of treasury shares

1

(3)

Dividends paid to shareholders of the parent company Dividends paid to non controlling interests in the subsidiaries

-

-

(4)

(32)

Change in other financial liabilities

(56)

50

Interest paid

(285)

(194)

Interest received

39

7

Impact of discontinued activities Cash flows from financing activities

(176) (782)

176

3,302

CHANGE IN OTHER FINANCIAL LIABILITIES The change in other financial liabilities mainly corresponds to the change in restricted cash (Turkish treasury bonds) for an amount of €50 million (see note 9.4.2). IMPACT OF DISCONTINUED ACTIVITIES Cash flows from financing activities of discontinued activities corresponds mainly to the reimbursement of the loan of €176 million contracted in 2020 BY TAV Istanbul(see note 12).

DIVIDENDS PAID No dividend has been paid for 2021. LONG-TERM DEBT PROCEEDS AND REPAYMENTS (INTEREST INCLUDED)

Proceeds (€294 million) and repayments (€578 million) of long term debt as well as interest paid and received during 2021 are detailed in notes 9.4.2 & 9.4.3.

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