2022 Universal Registration Document

F I NANC I AL I NFORMAT I ON

Groupe ADP Consolidated Financial Statements as of 31 December 2022

12.2 Non-current assets held for sale

In accordance with IFRS 5 - “Non-current assets held for sale and discontinued operations”, assets or groups of assets held for sale are presented on a separate line in the statement of financial position. financial position and are valued and recognized at the lowest amount between their book value and their market value less the costs necessary to complete the sale. An asset is classified as assets held for sale only if: ◆ it is available for sale within 12 months; ◆ sale is highly probable.

Associates and joint ventures held for sale that fall within the scope of IFRS 5 are recognized as follows: ◆ the equity method, which consists of taking into account a share of the result of the associated company, is established from the date of classification of the securities as assets held for sale; ◆ the securities are then valued at the lower of their net book value and their fair value net of sale costs.

At 31 December 2022, assets held for sale correspond to the assets of Hubsafe and Société de Gestion et d’Exploitation de l’Aéroport de Gbessia (SOGEAG) which are scheduled to be sold in the first semester of 2023.

NOTE 13 CASH AND CASH EQUIVALENTS AND CASH FLOWS

13.1 Cash and cash equivalents

“Cash management financial assets” comprises units in UCITS, made with a short-term management objective, satisfying the IAS 7 criteria for recognition as cash.

Cash and cash equivalents comprise current accounts at banks and short-term liquid investments subject to negligible risks of fluctuations of value. Cash equivalents consist essentially of money market funds. Bank overdrafts are not included in cash and are reported under current financial liabilities.

6

Cash and cash equivalents break down as follows:

As at 31 Dec. 2022

As at 31 Dec. 2021

(in millions of euros)

Marketable securities

683

1,961

1,948 2,631

418

Cash 1

Cash and cash equivalents

2,379

(1)

(1)

Bank overdrafts 2

Net cash and cash equivalents

2,630

2,378

1 Including €84 million of cash dedicated to aid to local residents funding collected through the tax on airborne noise nuisances (TNSA). 2 Included in Current liabilities under debt.

cash equivalents, correspond to the bank accounts of certain subsidiaries for which the conditions for repatriating funds are complex in the short term, mainly for regulatory reasons.

As part of its cash management, the Groupe ADP has mainly invested in euro-denominatedmoney market funds with a variable short-term net asset value (VNAV). Cash and cash equivalents not available to the Group in the short term, included in cash and

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AÉROPORTS DE PAR I S / UN I VERSAL REG I STRAT I ON DOCUMENT 2022