Universal Registration Document 2022

F I NANC I AL I NFORMAT I ON

GROUPE ADP CONSOLIDATED FINANCIAL STATEMENTS AS OF 31 DECEMBER 2022

As a reminder in 2021, other current operating income included returns to full ownership of assets from construction leases on the Paris-Charles de Gaulle platform for an amount of nearly €109 million, including: ◆ a real estate complex identified under the name “KS Building” (18,599 m 2 ), occupied by Air France on the Roissy platform; ◆ a building complex used as a sorting center by La Poste (22,414 m 2 ); ◆ a freight station used as a Sorting Center (18,206 m 2 ) occupied by Chronopost; ◆ a building complex of activity warehouses (29,533 m 2 ) occupied by the WFS group; ◆ a warehouse asset (10,890 m 2 ) released by DSV.

Over 2022, other current operating income includes: ◆ on the one hand, returns to full ownership of assets from construction leases on the Paris-Charles de Gaulle and Le Bourget platform for an amount of nearly €7 million, including: ◆ a real estate occupied by Air France et Kuwait Petroleum, ◆ a real estate occupied only by Air France, ◆ a real estate occupied by EUTRADIA and SOFEMA, ◆ a real estate of the company SOGARIS (the product associated is spread out until the effective recovery of the property in 2028); and ◆ on the other hand, compensation recognized for €32 million related to the compensation agreement concluded with the Société Grand Paris for the construction project of a metro station at Paris-Orly and the CDG Express project (€21 million as of 31 December 2021).

4.4 Receivables and related accounts Trade receivables and related accounts break down as follows:

As at 31 Dec. 2022

As at 31 Dec. 2021

(in millions of euros)

Trade receivables

932

822

6

Doubtful receivables

114

125

Accumulated impairment

(108)

(120)

NET AMOUNT

938

827

The receivable of €368 million from the Direction Générale de l’Aviation Civile does not include an advance of €256 million paid to cover operating expenses. This advance, which is included in other payables and deferred income (see note 4.8), partly offsets the decline in revenues from airlines. Impairment losses applied in accordance to the IFRS 9 have changed as follows:

As at 31 Dec. 2022

As at 31 Dec. 2021

(in millions of euros)

Accumulated impairment at beginning of period

(120)

(129)

Increases Decreases

(21)

(19)

34 (1)

37

Translation adjustments

1

Change in consolidation scope

- -

(11)

Other changes

1

Accumulated impairment at closing of period

(108)

(120)

Impairment of receivables at 31 December 2022 is slightly down. A review of risk levels was carried out after the recognition of bad debts.

The Group classifies receivables by risk of customer default with which a percentage of impairment is associated depending on the age of the claim.

4.5 Current operating expenses

Group considers that the company value-added contribution ( Cotisation sur la Valeur Ajoutée des Entreprises - CVAE) cannot be analyzed as an income tax.

Current operating expenses are reported according to their nature and comprise raw material and consumables used, external services and charges, taxes other than income taxes and other operating charges. With regards to taxes, the

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