Euronext // 2021 Universal Registration Document

Financial Statements

Notes to the Consolidated Financial Statements

SUMMARISED CASH FLOW INFORMATION

Nord Pool Holding AS

MTS S.p.A

IBabs B.V.

Commcise Software Ltd.

2021

2020

2021 (a)

2020

2021

2020

2021

2020

In thousands of euros

Cash flow from operating activities Cash flow from investing activities Cash flow from financing activities NET INCREASE / (DECREASE) IN CASH AND CASH EQUIVALENTS

55,077

(75,670)

33,902

— 10,004

10,203

2,067

4,067

(1,417)

162,239

(1,916)

—

(240)

(235)

83

(93)

(2,741)

(15,352)

(9,866)

— (9,002)

(7,000)

528

(272)

50,919

71,217

22,120

—

762

2,968

2,678

3,702

(a) As from acquisition date.

NOTE 7

INVESTMENTS IN ASSOCIATES AND JOINT VENTURES

7.1 Interests in associates and joint ventures Set out below are the associates and joint ventures of the Group as at 31 December 2021. The country of incorporation or registration is also their principal place of business, and the proportion of ownership interest is the same as the proportion of voting rights held.

Carrying amount In thousands of euros

% of ownership interest

Place of business / country of Incorporation

Nature of relationship

Name of entity

2021 11.1%

2020

2021 66,809

2020 61,461

LCH SA

France

11.1% Associate (a)

Immaterial joint ventures

2,032

2,142

Immaterial associates

396

4,448

TOTAL EQUITY ACCOUNTED INVESTMENTS 68,051 (a) LCH SA is a Continental European clearing house, offering clearing services for a diverse range of asset classes. As described in Note 3, the Group has determined that it has significant influence over LCH SA even though it only holds 11.1% of the voting rights. 69,237

7.2 Commitments and contingent liabilities in respect of associates and joint ventures The Group has no outstanding contingent liabilities with respect to its associates or joint ventures.

7.3

Summarised financial information for associates and joint ventures

The tables below provide summarised financial information for those associates and joint ventures that are material to the Group. The information disclosed reflects the amounts presented in the Financial Statements of the relevant associates or joint ventures and not Euronext’s share of those amounts. They have been amended to reflect adjustments made by the entity when using the equity method, including fair value adjustments and modifications for differences in accounting policy.

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2021 UNIVERSAL REGISTRATION DOCUMENT