Universal Registration Document 2022

F I NANC I AL I NFORMAT I ON 6 GROUPE ADP CONSOLIDATED FINANCIAL STATEMENTS AS OF 31 DECEMBER 2022

6.1.2 Goodwill

Goodwill represents the future economic benefits resulting from assets acquired during the business combination that are not individually identifiable and recognized separately.

As at 31 December 2022, net goodwill amount to €221 million and are mainly attributable to the TAV Holding and Almaty. The goodwill established at the time of the Almaty acquisition is considered definitive as of 30 June 2022, for €82 million (ie. $ 87 million).

6.2 Tangible assets

Borrowing costs are capitalised for eligible assets according to IAS 23. Borrowing costs are not capitalised when there are Interruptions in construction and development projects for eligible assets. The Group as a lessee holds lease contracts related to real property and vehicles covered by IFRS 16 “Leases”. Assets related to the right of use are classified as property, plant and equipment (see Note 6.2.1). Depreciable tangible assets, which have been purchased outright or under finance lease agreements, are depreciated using the straight-line method according to their estimated useful life:

The identifiable tangible assets acquired in a business combination are measured at fair value from the date of the business combination. Tangible assets acquired or produced outside of a business combination are recognized at cost less accumulated depreciation and any accumulated impairment losses. The cost of an asset produced by the Group itself includes exclusively direct labor costs. Subsequent costs are included in the asset’s carrying amount when it is probable that these costs generate future economic benefits and can be reliably measured. Current maintenance costs are recorded when they are incurred.

Airport terminal and underground car park buildings

30 to 60 years

Non-terminal buildings

20 to 50 years 10 to 20 years

Airport terminals and non-terminal furnishings

Land development

20 years

Turning areas, aprons, bridges, tunnels, roads Baggage handling equipment and facilities

10 to 50 years 10 to 20 years 20 to 25 years 5 to 20 years

Airbridges

Security and safety facilities and equipment

Computer hardware

5 years

A tangible asset is derecognized when withdrawn or when no future economic benefit is expected from its use or disposal. Any gain or loss resulting from derecognition of an asset (calculated as the difference between the net disposal proceeds and the carrying amount of the asset) is included in the income statement (disclosed in a separate line “Other operating income and expenses”).

The residual value and useful life of an asset are reviewed at least at each financial year end and adjusted if appropriate, in order to reflect the foreseen usage period. When it is probable or highly probable that an asset or a group of assets will be recovered principally through a sale transaction rather than through continuing use, the asset or the group of asset is reclassified on a separate line in the balance sheet, Non-current assets held for sale. Non-current assets or disposal groups that are classified as held for sale are measured at the lower carrying amount and fair value less costs to sell and the carrying amount is no longer amortized.

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