ADP_REGISTRATION_DOCUMENT_2017

FINANCIAL INFORMATION ON THE ASSETS, FINANCIAL POSITION AND CONSOLIDATED FINANCIAL STATEMENTS 20 GROUPE ADP CONSOLIDATED FINANCIAL STATEMENTS AS OF 31 DECEMBER 2017

The anteriority of current receivables is as follows:

As at 31 Dec. 2017

Gross value

Net value

(in millions of euros)

Outstanding receivables

712

714

Due receivables:

16 31

16 31 10

◆ from 1 to 30 days

◆ from 31 to 90 days

11

◆ from 91 to 180 days

14 74

11 5

◆ from 181 to 360 days

◆ more than 360 days

CURRENT LOANS AND RECEIVABLES (ACCORDING TO THE SCHEDULE - SEE § LIQUIDITY RISKS)

858

787

The development of trade receivables is detailed in paragraph 4.4. FINANCIAL INSTRUMENTS COMPENSATION Derivatives contracts of the Group may include a compensation right if specific events occur such as a change in control or a credit event.

However, these contracts do not include any comprehensive compensation agreement conferring a legally enforceable right to compensate the financial instruments, nor collateralization agreement.

The following table presents the book value of the assets and liabilities derivatives and the impact of the compensation agreement mentioned above, as of 31 December 2017:

Effect of “other offsetting agreements” (that do not meet the offsetting criteria of IAS 32) (d)

Net amounts presented in the statement of financial position (c) = (a) - (b)

Amounts that are set off in the statement of financial position (b)

Gross amounts recognised before offsetting (a)

Net exposure (c) - (d)

Financial instruments

Collateral fair value

(in millions of euros)

derivatives : interest rate swap derivatives : currency swap TOTAL FINANCIAL ASSETS - DERIVATIVES derivatives : interest rate swap derivatives : currency swap TOTAL FINANCIAL LIABILITIES - DERIVATIVES

27

- -

27

- -

- -

27

-

-

-

27

- - -

27

- - -

- - -

27

(51)

(51)

(51)

(2)

(2)

(2)

(53)

-

(53)

-

-

(53)

212

AÉROPORTS DE PARIS  REGISTRATION DOCUMENT 2017