Compagnie des Alpes // 2021 Universal Registration Document

5 FINANCIAL INFORMATION

Consolidated financial statements

Leisure parks The table below shows the difference between the company values and the capital used (€577.7 million).

Discount rate

6.5%

7.0%

7.5%

1.5%

76.7

7.8

-49.4 -26.6

1.75% 2.0% 2.25%

110.9 149.0 191.5 239.3

35.5 66.0 99.6 137.1

LT growth rate

-1.7 25.5 55.5

2.5%

Long-term forecasts take into account investments addressing climate risks (particularly snow cover and weakening permafrost). The sensitivity analysis shows no additional impairment in the event of a one-point increase in the WACC rate for the Ski areas. With regard to the last sector, Holdings and supports, this includes companies with different activities which are tested individually or by sub- groups of companies with similar activities (tour operators, consulting activities).

6.2 INTANGIBLE ASSETS Intangible assets break down as follows:

At 30/09/2021

At 30/09/2020 Acquisitions Disposals Increases Reversals

Change of scope

Other changes

(in thousands of euros) Gross amount Use rights

82,330 45,737

-

-

- - - - - - -

-

82,330 50,928

Software Website

5,212

-316

295

-

378

- - - - -

6,903

7,281 9,513

Business intangibles Trademarks and brands

9,363

- - -

150

- - - -

43,098 2,637 6,290 11,170 20,605

43,098 2,637 6,293 9,670 17,057 7,189 -74,387 -38,857 -4,758 -8,244 -2,109 -2,086 -8,119 -14,131

Contracts and customer relations

Highway interchange concession Parc Astérix

3

Cinematographic films and works

557 -3,256 1,228 -291

1,199

Other intangible assets

165 -4,650

Intangible assets in progress SUBTOTAL: GROSS AMOUNT Depreciation and impairment Dep/amort. Use rights

2,741

6,990

-

-

-2,542

223,970

14,368 -3,863

315 1,205 235,995

-73,970 -34,401

-417

-

- -

-

Dep/amort. Software Dep/amort./Website

-5,583

316

811

-

-961 -265 -527

- - -

-10 -3,787

Dep/amort. Business intangibles

-7,979 -1,582

- -

- -

Dep/amort. Contracts and customer relations Dep/amort. Highway interchange concession Parc Astérix Dep/amort. Cinematographic films and works

-2,022 -10,110 -15,579

-64

-

- -

-

-1,184 3,245 -1,646 291

-70

Dep/amort. Other intangible assets

-69 2,872

SUBTOTAL: DEPRECIATION, AMORTISATION AND IMPAIRMENT

-145,643

-10,647 3,852

-79

-174 -152,690

NET AMOUNT

78,328

14,368 -3,863 -10,647 3,852

236 1,031

83,305

Investments during the financial year mainly consisted of expenses relating to websites, digital projects (CRM, roll-out of datalakes) as well as computer software.

The “Changes in scope” column takes into account the acquisition of the ten companies under the Evolution 2 license. The principles that apply to the amortisation of intangible assets are detailed in Note 1.12.

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Compagnie des Alpes I 2021 Universal registration document