Compagnie des Alpes // 2021 Universal Registration Document

5 FINANCIAL INFORMATION

Consolidated financial statements

9.2

WORKFORCE

2020/2021

2019/2020

Average headcount France Others (Outside France)

2,268

3,564

669

751

TOTAL AVERAGE HEADCOUNT

2,937

4,315

At 30 September 2021, headcount broke down as follows: l Ski areas 16.1%; l Leisure parks 78.7%; l Holdings and supports 5.2%.

9.3

OFF-BALANCE SHEET COMMITMENTS

Operating leases and leasing contracts The CDA group’s lease commitments at 30 September 2021 were as follows:

< 1 year

From 1 to 5 years

> 5 years

TOTAL 2,920

(in thousands of euros)

Rent

1,405

1,515

-

Other commitments The Group’s main off-balance sheet commitments are as follows:

30/09/2021

30/09/2020

(in thousands of euros)

Sureties and endorsements Liability guarantee given Purchase commitments granted

80

56

10,646

10,701 10,713 57,011 78,481

4,738

Other

62,544 78,008

COMMITMENTS GIVEN Liability guarantee received

3,144 8,524

2,050 9,784

Sureties received

Other

-

-

COMMITMENTS RECEIVED

11,668

11,834

l The Group’s commitments in terms of rent amount to €2.9 million. They represent contracts considered to be of low value or with a duration of less than one year and not restated in application of IFRS 16 (see Note 8). l In the context of the creation of real estate companies to stimulate the refurbishment of the real estate assets of the resorts, the ski lift companies provide investors with guaranteed rents during the refurbishment period, and then put them back on the market. These commitments amount to approximately €12.4 million. l The real estate commitments of the Deux Alpes Loisirs sub- group: its subsidiary SC2A has provided a guarantee to cover up to €2.3 million in current lease payments. l The financing facilities granted by CDA Financement to the companies SAP Invest, SAP Location and Cassiopée and not used at 30 September 2021 amount to €4.6 million.

l As part of the Futuroscope transformation plan, the following guarantees have been given by Compagnie des Alpes SA: l a letter of intent was signed guaranteeing 25% of the amount of the works commitment relating to the installations and buildings of the current portfolio, estimated at €100 million, i.e. a maximum lump sum equal to €25 million; l a letter of intent was signed guaranteeing two years of rents from the current portfolio amounting to €6.2 million; l lastly, a rental guarantee for one quarter was given for the second park, which is planned to be built, for an amount of €279 thousand.

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Compagnie des Alpes I 2021 Universal registration document