Compagnie des Alpes // 2020 Universal Registration Document

5 FINANCIAL INFORMATION

Consolidated financial statements

Legal structure

% shareholding HOLDINGS AND SUPPORTS

Consolidation method*

Legal structure

% shareholding

Consolidation method*

HOLDINGS AND SUPPORTS

CDA Financement Paris

Travelfactory 92210 Clichy Djay 92210 Clichy TFI Raanana, Israel Simply to ski 92210 Clichy Skiline Antwerp, Belgium

FC SNC

100

FC SAS

84.19

CDA-DS Paris

FC SAS

100

FC SAS

84.19

Loisirs Ré L – 2633 Senningenberg (GDL)

FC

SA

100

FC SAS

84.19

INGELO 73000 Chambéry

FC SAS

100

FC SAS

54.72

CDA MANAGEMENT Paris

FC SAS

100

FC SPRL

84.19

CDA Beijing China – Beijing

Snowtime Amsterdam, Netherlands

FC LTD

100

FC SARL

84.19

SC2A 38860 Mont-de-Lans Pierre et Neige 38860 Mont-de-Lans

FC

SA

98.25

FC

SA

98.25

SCIVABEL 73440 St-Martin-de-Belleville

FC SCI

81.62

* FC = Full consolidation. EA = Equity accounted.

* FC = Full consolidation. EA = Equity accounted.

Note 5

Information on the consolidated income statement

The summary information intended for strategic analysis and decision- making by the Group’s Chairman, Chief Executive Officer and Deputy Chief Executive Officer (the chief operating decision-makers referred to in IFRS 8) is organised around the following indicators, by operating segment: l revenue;

l EBITDA (gross operating income) and EBITDA margin: the EBITDA measures the current operating performance of the segments (revenue – direct costs, which include re-invoicing of operational services provided by support subsidiaries and holding companies); l net capital expenditure and net rate of capital expenditure to sales ratio.

5.1 REVENUE Revenue in the Ski areas segment mainly consists of sales of ski lift passes (approximately 99% of business line revenue). Revenue in the Leisure parks segment mainly comprises sales of admission tickets (about 54% of business line revenue), with the remainder coming from restaurants, stores, merchant services and various ancillary businesses. Performance by geographic area is presented for the businesses in France and outside France based on the destination of sales recorded.

Geographic area (in thousands of euros)

Holdings and supports

30/09/2020

Ski areas Leisure parks

30/09/2019

France

360,225

158,636

21,466

540,327

732,824 121,187

Excl. France

-

73,428

1,891

75,318

TOTAL AT 30/09/2020 TOTAL AT 30/09/2019

360,225 443,777

232,064 380,713

23,357 29,521

615,645

-

-

854,011

154

Compagnie des Alpes I 2020 Universal registration document