Universal Registration Document 2022

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

NOTE 8 OTHER PROVISIONS AND OTHER NON-CURRENT LIABILITIES

8.1 Other provisions

Other provisions set up by Groupe ADP concern essentially commercial and social litigation, as well as country and environmental risks. A provision is recognized as soon as a liability of uncertain timing or amount occurs. A provision is recognized when the three following conditions are satisfied:

◆ the Group has a present legal or constructive obligation resulting from a past event; ◆ it is probable that future outflows of resources embodying economic benefits will be necessary to settle the obligation; ◆ the amount of the obligation can be estimated reliably.

Other provisions evolved as follows:

Litigation and claims

Other provisions

Litigation and claims

Other provisions

2022

2021

(in millions of euros)

Provisions as at 1 January

22 16

138

160

27

76 68 68 (6)

103

Increases

2 2

18 18

3 3

71 71

Additions and other changes

16

Decreases

(10)

(106)

(116) (83)

(8)

(14)

Other changes Provisions used

-

(83)

-

-

-

(6) (4)

(6)

(12) (21)

(7) (1) 22

(1)

(8) (6) 160

Provisions reversed

(17)

(5) 138

Provisions at 31 December

28

34

62

Of which

Non-current portion

28

28

56

22

114 24

136

Current portion

-

6

6

-

24

Other provisions include in particular provisions for customer and supplier risks and the Group’s commitments to offset the negative net financial position of investments in associates. Information regarding provision for cost of employee benefits are disclosed in note 5. Information on contingent liabilities is disclosed in note 16.

Provisions for disputes relate to various supplier, employee and commercial issues. €73 million reversal of provisions for risks offsets an impairment of loans to companies accounted for by the equity method in 2022.

8.2 Other non-current liabilities

Items presented as other non-current liabilities include: ◆ investment subsidies. In compliance with the option offered by IAS 20, these subsidies are recorded as liabilities and are transferred to the income statement as the associated assets are amortized; ◆ concession rent payable for concessions operated by TAV Airports; ◆ revenues from contracts accounted as deferred income;

◆ debt related to the minority put option. In compliance with IAS 32, this debt is initially measured at the present value of the option exercise price. The counterpart of this debt is a decrease in the carrying value of the minority interest. The difference between the present value of the option exercise price and the carrying value is recorded in shareholder’s equity – Group share under other reserves.

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