Compagnie des Alpes // 2021 Universal Registration Document

5 FINANCIAL INFORMATION

Consolidated financial statements

Note 8

IFRS 16 on leases

This note presents the effects of the application of IFRS 16 Leases on the Group’s consolidated financial statements.

8.1 IMPACT OF IFRS 16 ON THE FINANCIAL STATEMENTS The carrying amount of the rights of use and the lease liability as well as the changes recorded during the period break down as follows:

Technical installations/ equipment

Rights of use (in thousands of euros)

Others fixed assets

Lease liability 177,043

Land

Buildings

Total

AT 30 SEPTEMBER 2020

107,140

51,462

10,503

1,365

170,470 2,081 1,517 -8,149 -11,387

Increases

67

1,027 1,168

140

847

1,160 1,490 -7,902

Change of scope

349

Departures

-4,869 -4,312

-3,055 -5,219

-125

-100 -464

Amortisation, depreciation and impairment Interest expenses on lease liabilities (1)

-1,392

-3,733 -6,013

Lease payments (1)

Translation adjustments

153

153

173

Miscellaneous

3,407

-3,407

AT 30 SEPTEMBER 2021

101,782

42,128

9,126

1,648

154,684

162,218

(1) Change in lease liabilities in the statement of cash flows.

By type, the rights of use of the IFRS 16 assets break down as follows:

At 30/09/2021

At 30/09/2020 Increase Decrease Increases

Change of scope

Translation adjustments Other

(in thousands of euros)

Rights of use of the asset Land and improvements

110,143

67

-4,847

349

991

106,703

Ski run and trail works

1,598

-22

1,576

Buildings, offices, shops and other spaces

61,491 9,848

1,027

-3,697

1,168

184 -4,800

55,373 9,721 1,079

Ski lifts

97

-125

-99

Snow-making

1,079

Grooming machines

497

43

540 158

Rides

1,777 2,175

-1,619

Others fixed assets

847

-100

-101

2,821

SUBTOTAL: RIGHT OF USE

188,608

2,081 -8,791

1,517

184 -5,628

177,971

Depreciation and amortisation of rights of use Land and improvements

-4,499

-4,227

2,419

-6,307

Ski run and trail works

-105

-85

-190

Buildings, offices, shops and other spaces -10,026

642 -5,219

-32 1,390

-13,245

Ski lifts

-945 -135 -141

-1,147

259

-1,833

Snow-making

-135

-270 -219

Grooming machines

-78 -32

Rides

-1,477

1,459

-50

Others fixed assets

-810

-464

101

-1,173

SUBTOTAL: DEPRECIATION AND AMORTISATION

-18,138 170,470

642 -11,387

-32 5,628

-23,287 154,684

NET AMOUNT

2,081 -8,149 -11,387

1,517

152

186

Compagnie des Alpes I 2021 Universal registration document