Universal Registration Document 2024

5 2024 HIGHLIGHTS

ANALYSIS OF 2024 CONSOLIDATED FINANCIAL STATEMENTS

Excluding the impact of one-off items, attributable net income amounted to €638 million in 2024, compared with €552 million in 2023, an increase of 15.6%, or €86 million. The list of one-off items along with the calculation of net attributable income excluding those items for 2024 and 2023 are detailed below. 2023 excluding one-off items

2023

Detail

(in million of euros) – net of non-controlling interests

Attributable net income

631

Total one-off items

(79)

of which EBITDA one-offs

+2

of which depr. and amortisation

(1) Provision reversal on AIG; other impairment one-offs Gain on partial Tibah sale, gain from accounting treatment of hyperinflation in Turkey; other one-offs Sale of Extime F&B shares; fine paid by ADP Ingénierie (Public Interest Judicial Agreement – CJIP) Provision reversal on Tibah shareholder loan; FCCB convertible bonds fair value adjustment and other one offs

of which profit or loss from equity-accounted companies

(42)

of which other operating income and expenses

(4)

of which net financial expense

(34)

Hyperinflation accounting in Turkey, offset by earthquake tax effect

of which income tax

-

Attributable net income excluding one-off items

552

2024 excluding one-off items

2024

Details

(in million of euros) – net of non-controlling interests

Attributable net income TOTAL ONE-OFF ITEMS

342

+296

of which one-off items included in EBITDA

(3)

Reversal of AIG impairment relating to the concession extension; Scrapped assets linked to Paris inventory; Impairment of international assets Accounting impact of the GIL/GAL merger and remeasurement of FCCB convertible bonds at fair value Income from FCCB convertible bonds and other

of which depr. and amortisation

(20)

of which profit (loss) from equity-accounted companies

+330

of which net financial expense

(11)

Attributable net income excluding one-off items

638

Cash and investments As of 31 December 2024, Groupe ADP had €2.0 billion in cash, down 16.4% (€385 million) on 31 December 2023. Cash flows from operating activities, amounting to €1,524 million, and the USD500 million bond issued on 7 May 2024 by Aéroports de Paris, were more than offset by the following transactions: u payment by Aéroport de Paris on 7 June 2024, of a dividend to its shareholders, for an amount of €3.82 per share or a total of €377 million; u the redemption by Aéroports de Paris of a €500 million bond issue on 11 June 2024; u a cash outflow of €100 million linked to the global restructuring of the concession and financing arrangements of Airport International Group (AIG); u the acquisitions of PEG and Extime PS Inc. in October 2024 for a total of €360 million. In view of its available cash and expected needs for 2025, the group considers its liquidity to be satisfactory in the current macroeconomic context to meet its operating needs and financial commitments.

The purchase of property, plant, equipment and intangible assets amounted to €1,089 million for 2024 (including €776 million for ADP SA), compared with €1,009 million in 2023 (including €731 million for ADP SA). The main Paris Aéroport investment projects carried out in 1 compliance work on runway 1 at Paris-Charles de Gaulle and runway 2 at Paris-Orly, along with the associated taxiways; u the project to extend the rainwater piping from Paris Charles de Gaulle to the Marne river; u the installation of a deep geothermal power plant associated with the Paris-Charles de Gaulle thermal refrigeration and energy plant; u the opening of the Extime Exclusive reception lounges at Paris-Charles de Gaulle. 2024 are set out below: u renovation and EASA

1

European Union Aviation Safety Agency.

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AÉROPORTS DE PARIS w UNIVERSAL REGISTRATION DOCUMENT 2024