Compagnie des Alpes // 2021 Universal Registration Document

5 FINANCIAL INFORMATION

Consolidated financial statements

5.8

NET INCOME - SHARE OF PARENT-COMPANY SHAREHOLDERS, PER SHARE

Net income - Share of parent-company shareholders amounted to -€121,670 thousand.

2021

2020

(in thousands of euros)

Net income - Share of parent-company shareholders

-121,670

-104,345 24,510,101

Weighted average number of outstanding shares during the financial year NET INCOME PER SHARE - SHARE OF PARENT-COMPANY SHAREHOLDERS

32,827,691

- €3.71

- €4.26

5.9 OPERATIONAL ROCE For the 2020/2021 financial year, the reconciliation between Group ROCE and Operating ROCE was as follows:

Ski areas and Leisure parks

Rest of the Group

Group total

Net operating income Theoretical tax (at 28%)

-100,569

-23,832

-124,400 34,832 -89,568 1,182,510

28,159 -72,410

6,673

After tax net operating income Assets used excluding goodwill

-17,159 11,462

1,171,048

OPERATIONAL ROCE - BUSINESS SEGMENTS

-6.2%

-7.6%

Goodwill

223,024

-

223,024 1,405,534

Total assets used (including goodwill)

1,394,072

11,462

GROUP ROCE

-6.4%

Note 6

Information on the consolidated statement of financial position

6.1 GOODWILL Net goodwill breaks down as follows:

Gross amount

Impairment

Net amount

(in thousands of euros) AT 30/09/2019 Change of scope Other changes Activities held for sale

344,575

-13,063

331,512

-

-

-

-8,373 -4,196

-52,950

-61,323

4,196

-

AT 30/09/2020 Change of scope Other changes AT 30/09/2021

332,006

-61,817

270,189

8,035

-

8,035

-

-55,200

-55,200 223,024

340,041

-117,017

The acquisition of the ten companies under the Evolution 2 license generated a difference of €8 million, recognised in goodwill, which remains provisional given the allocation period of 12 months.

The “Impairment losses” column includes a €55.2 million of goodwill impairment on the Leisure parks BU, already recognised at 31 March 2021.

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Compagnie des Alpes I 2021 Universal registration document