ORANO // Annual Activity Report 2024

STATEMENTS

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

NOTE 26 FINANCIAL LIABILITIES

Non-current liabilities

Current liabilities December 31, 2024 December 31, 2023

(in millions of euros)

Bonds *

2,235

-

2,235

2,447

Accrued interest not yet due on bonds

-

61

61

56

Bank borrowings Commercial paper

5

-

5

5

-

198

198 162

181 150

Interest-bearing advances

162

-

Short-term bank facilities and current accounts in credit **

-

21

21

49

Miscellaneous fi nancial liabilities

4 2

-

4

2

Derivatives

35

37

73

TOTAL

2,407

315

2,722

2,961

* After interest rate risk management. ** Of which fi nancial current accounts in credit for the ETC joint venture for 12 million euros (compared to 23 million euros at December 31, 2023).

Change in fi nancial liabilities

(in millions of euros) Financial liabilities at December 31, 2023

2,961 (259)

Cash flows

Non-cash flows: Accrued interest not yet due on borrowings

61

Currency translation differences Change in scope (see Note 2)

(20) (13)

Other changes

(8)

FINANCIAL LIABILITIES AT DECEMBER 31, 2024 2,722 Cash flow from fi nancial liabilities included in Net cash flow from fi nancing activities includes the new bond issue of 495 million euros (see Note 1.1) and the repayment of a bond for 713 million euros.

RECONCILIATION OF CASH FLOWS ON FINANCIAL LIABILITIES BETWEEN THE NOTE ON FINANCIAL LIABILITIES AND CASH FLOWS FROM FINANCING ACTIVITIES

(in millions of euros) Cash flows from fi nancial liabilities

6

(259)

Interest paid

56 13 (3)

Financial instruments

Short-term bank facilities and current accounts in credit

CASH FLOW FROM FINANCIAL LIABILITIES INCLUDED IN NET CASH FLOW FROM FINANCING ACTIVITIES

(194)

367

Orano - Annual Activity Report 2024