Compagnies des Alpes // 2019 Universal Registration Document

5 FINANCIAL INFORMATION

Consolidated financial statements

Note 3

Organisational structure of the Compagnie des Alpes Group

COMPAGNIE DES ALPES

100 %

CDA DOMAINES SKIABLES

99 %

1 %

CDA FINANCEMENT

100 %

100 %

CDA PRODUCTIONS

GRÉVIN & Cie

100 %

100 %

100 %

CDA MANAGEMENT

98.05 %

95.88 %

100 %

CDA BRANDS

MERIBEL ALPINA

MUSÉE GRÉVIN

SAP

STVI

100 %

INGELO

97.35 %

80.95 %

100 %

100 %

100 %

FRANCE MINIATURE

HH HOLDING

ADS

GMDS

VALBUS

100 %

100 %

100 %

99.97 %

LOISIRS RE

98.25 %

100 %

DEUXALPES LOISIRS

WALIBI WORLD

AVENIR LAND

SNC BATIMENTS DE SERVICE

SAG

100 %

CDA Beijing

100 %

100 %

100 %

WALIBI HOLLAND

SC2A

CDA DL

77.78 %

STGM

SAS TRAVEL- FACTORY

73.29 %

37.49 %

100 %

PIERRE & NEIGE

100 %

WALIBI HOLIDAY PARK

94.9%

5.1 %

CMB

FAMILYPARK

81.62 %

SEVABEL

65 %

SAS SIMPLY TO SKI

20 %

45.55 %

100 %

CMB RESTAURATION

SERMA

FUTUROSCOPE

100 %

100 %

SCIVABEL

BELPARK

100 %

TFI

20 %

SA FUTUROSCOPE DESTINATIONS FUTUROSCOPE MAINT & DVLPT

DSV

100 %

SCV DOMAINE SKIABLE

LHSG

PREMIER FINANCIAL SERVICES

100 %

100 %

72.5 %

100 %

SAS DJAY

20 %

DSR

100 %

100 %

SRMM (Megève)

100 %

IMMOFLOR

54.83%

SKILINE SPRL

100 %

BY GRÉVIN

Ski areas Leisure parks Holdings and Supports

100 %

GRÉVIN MONTRÉAL

Compagnie des Alpes holds 97.89% of double voting rights for Musée Grévin. The percentages indicated above correspond to the percentage of capital held.

Note 4

Scope of consolidation

4.1

CHANGES IN THE SCOPE OF CONSOLIDATION DURING THE YEAR

l Simply to Ski SAS; l TFI; l Djay SAS; l Skiline Sprl; l SAS Mountain Outdoor Company (absorbed by Travelfactory in November 2018). In addition, in 2017/2018, the Group decided to discontinue its operations in the Czech Republic and Korea. Therefore, it stopped the operations of Grévin Museum in Prague on 5 March 2018 and sold Grévin Museum in Seoul to the minority partner on 1 February 2018. The operations of these two sites for the 2017/2018 fi scal year are therefore presented as discontinued operations in the income statement.

On 20 March 2019, the Group acquired Familypark, operating a park located in Austria. This company was included in the scope of consolidation as of 31 March 2019. In addition, as of 1 October 2018, the Group decided to consolidate Bâtiments de Services, owned by ADS, whose administrative o ffi ces it owns. As a reminder, in January 2018, the Group acquired a 73.3% share of the Travelfactory Group, a player in the distribution of online travel, including the following companies: l Travelfactory SAS;

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Compagnie des Alpes I 2019 Universal registration document