ADP // 2021 Universal Registration Document

F I NANC I AL I NFORMAT I ON 6 COMPANY FINANCIAL STATEMENTS AND NOTES OF AÉROPORTS DE PARIS SA AT 31 DECEMBER 2021

5.7 Operating depreciations, amortisations and reversals

2021

2020

Additions

Reversals

Additions

Reversals

(in millions of euros)

Intangible assets

(26)

- - - -

(27)

- - - - 1

Property, plant and equipment

(489)

(472)

Depreciation of assets

-

(56)

Depreciation and amortisation of assets

(515)

(555)

Provisions for risks

(6)

8 8

(17)

Provisions for expenses

(32) (38)

(34) (51) (27) (27)

18 19

Provisions for liabilities and expenses Trade receivables and related accounts

16 27 27

(7) (7)

2 2 2

Depreciation of receivables Transfer of operating charges

-

2

-

TOTAL

(560)

45

(633)

23

Provisions for liabilities and expenses amount to €38 million and mainly include provisions for commitments relating to retirement indemnities in the amount of €32 million (see note 6.8). The net amount of charges and reversals of impairment of doubtful and disputed receivables is a reversal of €20 million euro in 2021, compared with a net charge of -€25 million in 2020, taking into account the monitoring and measures put in place on the solvency and recovery of receivables (see note 6.3).

Depreciation, amortization and provisions for liabilities and charges, net of reversals, amounted to -€537 million (see cash flow statement. €553 million in charges and €16 million in reversals), compared with a net charge in 2020 of -€587 million. The improvement is mainly due to a positive effect on fixed asset impairments, which did not give rise to an additional allocation in 2021 to the €56 million recognized in 2020 and relating mainly to outstandings on suspended business.

5.8 Financial income Financial income in 2021 amounted to -€(320) million and includes:

2021

2020

(in millions of euros)

Income from investments and other investment securities

11 4

7 9

Swap interest income Other financial income

88

12

Financial income Interest on loans

103

28

(177)

(167)

Swap interest charges Other financial expenses Financial expenses FINANCIAL INCOME

(3)

(6)

(243) (423) (320)

(513) (686) (658)

107. interest income from swaps amounting tor €4 million; Other financial income, wich is mainly made up with: ◆ exchange gains amounting to €27 million, ◆ purchase reversals of impairment losses on equity investments for €34 million (see note 6.2) and on mutual funds for €3 million, ◆ current accounts interest amounting to €7 million.

Net financial income improved by €338 million compared to 2020, notably due to an increase in financial income of €75 million and a decrease in financial expenses of €263 million. The financial result for 2020 was adversely affected by the impairment of subsidiaries and affiliates, due to the effects of the health crisis. In 2021, financial income amounts to €103 million and mainly comprises: 106. income from other financial securities €8 million for X ANGE;

388

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