ORANO // Annual Activity Report 2024

6

STATEMENTS Consolidated fi nancial statements - fi nancial year ended December 31, 2024

Back End In the Back End segment, goodwill was carried by the Recycling BU in the amount of 172 million euros, the Nuclear Packages and Services BU in the amount of 69 million euros, the Dismantling and Services BU in the amount of 15 million euros and the Projets BU in the amount of 6 million euros. The values in use calculated to carry out the impairment tests are obtained by discounting the projected future cash flows at a rate of between 7.75% and 8.75% (down -0.25% or stable depending on the BU, compared to those of December 31, 2023).

The sensitivity analyses carried out show that the use of discount rates that are 50 basis points higher and/or standard-year growth rates that are 50 basis points lower would not have led to the recognition of any impairment of goodwill.

NOTE 10 INTANGIBLE ASSETS

Intangible assets under construction Other

Pre-mining expenses

R&D expenses

Mineral rights

Concessions

Total

& patents Software

(in millions of euros)

Gross amounts at December 31, 2023

2,258

58 1,168

413

404

106

188 4,595

Capex

65

- - - -

- -

- -

-

59

- -

125

Disposals

-

(2)

-

(2) (1)

Currency translation differences

(53)

52 (1)

2

-

(3) (1)

2

(323)

- -

(2) 22

(18)

(346)

Change in scope (2)

Other changes

60

1

-

(74)

-

8

GROSS AMOUNTS AT DECEMBER 31, 2024 2,007

59 1,219

415

422

87

172 4,380

Depreciation and provisions at December 31, 2023 Net depreciation/impairment (1)

(1,473)

(58) (1,168)

(128)

(345)

(3)

(163)

(3,340)

(139)

- - - - -

- -

(7)

(17)

- - -

(1)

(165)

Disposals

-

-

1

-

2

Currency translation differences

30

(52)

(1)

-

(2) 10

(25) 324

310

1

- -

2

1

Change in scope (2)

Other changes

-

-

-

-

-

-

DEPRECIATION AND PROVISIONS AT DECEMBER 31, 2024

(1,273)

(58) (1,218)

(137)

(359)

(2)

(157) (3,204)

Net carrying amount at December 31, 2023

784

-

-

285

59

103

24 1,256

NET CARRYING AMOUNT AT DECEMBER 31, 2024

734

1

-

278

63

85

15 1,176

(1) Including impairment, net of reversals, of 67 million euros. (2) See Note 2.

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Orano - Annual Activity Report 2024