ANTIN // 2021 Universal Registration Document

FINANCIAL STATEMENTS 6 Notes to the consolidated financial statements

12.2 Lease liabilities

31-Dec-2021

31-Dec-2020

Total

< 1 year 1 - 5 years > 5 years

Total

< 1 year 1 - 5 years > 5 years

(in €k)

Non-current part Lease liabilities

31,380 31,380

-

11,142 20,238 20,443 11,142 20,238 20,443

-

11,460 11,460

8,983 8,983

Total lease liabilities - non-current part Current part Current portion of lease liabilities Total lease liabilities - current part

-

-

3,332 3,332

3,332 3,332

-

-

1,839 1,839

1,839 1,839

-

-

-

-

-

-

TOTAL LEASE LIABILITIES

34,711

3,332 11,142 20,238 22,282

1,839 11,460

8,983

12.3 Effects of leases on Consolidated Income Statement and Consolidated Statement of Cash Flows Amounts relating to these right-of-use assets and lease liabilities recognised in the Consolidated Income Statement and Consolidated Cash Flow Statement are as follows:

2021

2020

(in €k)

Amounts recognised in Consolidated Income Statement Interest on lease liabilities

903

510

Depreciation on right-of-use assets

3,128 4,031

2,816 3,326

TOTAL AMOUNT RECOGNISED IN THE INCOME STATEMENT

Amounts recognised in Cash Flow Statement TOTAL CASH OUTFLOW RELATED TO LEASES

2,389

2,309

Note 13 Financial assets

ACCOUNTING PRINCIPLES Reference: IFRS 9 – IFRS 13

Antin’s financial assets mainly consist of non-consolidated equity financial investments measured at FV through profit or loss. Recognition and initial measurement All financial assets are initially recognised when AIP becomes a party to the contractual provisions of the instrument (trade date). Financial assets are initially measured at fair value plus, for assets not subsequently measured at fair value through the statement of profit or loss, transaction costs that are directly attributable to their acquisition or issue. Classification and subsequent measurement of financial assets A financial asset is initially classified into one of three measurement categories. The classification depends on how the asset is managed (business model) and the characteristics of the asset’s contractual cash flows. The measurement categories for financial assets are as follows: 3 fair value through profit or loss (FVPL); 3 fair value through other comprehensive income (FVOCI); 3 amortised cost (AC).

Financial assets are measured at amortised cost if both of the following conditions are met: 3 the financial asset is held within a business model whose objective is to realise the cash flows from the financial assets by holding the financial assets and collecting its contractual cash flows over the life of the assets; and 3 the contractual terms of the financial asset give rise to cash flows that are solely payments of principal and interest on the principal amount outstanding. Financial assets measured at amortised cost include accounts receivable, other long-term as well as short-term receivables and cash and cash equivalents. The carrying amounts are considered as the fair value. Financial assets are measured at FVOCI if both the following conditions are met: 3 the financial asset is held within a business model whose objective is to realise the cash flows from the financial assets both by collecting the contractual cash flows and selling financial assets; and 3 the contractual terms of the financial asset give rise to cash flows that are solely payments of principal and interest on the principal amount outstanding.

154 ANTIN INFRASTRUCTURE PARTNERS S.A. - UNIVERSAL REGISTRATION DOCUMENT 2021