Altamir - 2018 Registration document

Financial statements

Consolidated financial statements

n The above statements have been prepared with a view to provide transparent and exhaustive information to the market on the costs and debts relating to the investments it makes both directly and through the Apax funds: n bypresentinggross investment performanceon theonehand and all costs (management fees and carried interest) on the other; and

n by separating costs incurred directly by the Company from those related to investments made through the Apax funds. This presentation highlights all of the costs incurred byAltamir, all financial debts, including those relating to future capital calls, and all carried interest, relating both to direct investments and to investments made through the Apax funds.

n If the financial information for the funds under significant influence had been presented on a net basis, which is the current market standard, the following figures would have been presented:

31/12/2018

3

Initial statements

Presentation adjustments

Net presentation

(in euros)

NON-CURRENT ASSETS Intangible assets

0

0

Investment portfolio Other financial assets Sundry receivables

998,914,278

-34,836,474

964,077,804

276,316 10,344

276,316

-10,344

0

TOTAL NON-CURRENT ASSETS

999,200,938

-34,846,818

964,354,120

CURRENT ASSETS Sundry receivables

1,872,064 19,637,044 3,865,625 25,374,734

-2,379

1,869,685 16,302,721 3,686,299 21,858,706 986,212,826

Other current financial assets Cash and cash equivalents TOTAL CURRENT ASSETS

-3,334,323

-179,326

-3,516,028

TOTAL ASSETS

1,024,575,672 -38,362,846

31/12/2018

Initial statements

Presentation adjustments

Net presentation

(in euros)

SHAREHOLDERS’ EQUITY Share capital

219,259,626 102,492,980 440,870,497 30,306,225 792,929,329

219,259,626 102,492,980 440,870,497 30,306,225 792,929,329 10,156,916 48,467,350

Share premiums

Reserves

Net income for the year

TOTAL SHAREHOLDERS' EQUITY

Carried interest provision Class B shares

10,156,916 59,768,816

Other liabilities

-11,301,466

Provision

0

0

OTHER NON-CURRENT LIABILITIES

59,768,816

-11,301,466

48,467,350

Other financial liabilities

159,227,011 2,336,801

-26,907,226

132,319,785

Trade payables and related accounts

-150,527

2,186,274

Other liabilities

156,795

-3,627

153,167

OTHER CURRENT LIABILITIES

161,720,606 1,024,575,672

-27,061,380 -38,362,846

134,659,226 986,212,826

TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY

109

ALTAMIR 2018

Registration document