Universal Registration Document 2024

6 FINANCIAL INFORMATION

GROUPE ADP CONSOLIDATED FINANCIAL STATEMENTS AS OF 31 DECEMBER 2024

Gains and losses by category of financial instruments are as follows::

2024 (280) (280)

2023 (270) (272)

(in millions of euros)

Income, expenses, profits and loss on debt at amortised cost

Interest charges on debt at amortised cost Interest expenses linked to lease obligations Change in value of cash flow hedge instruments

(6)

(6)

6

8

Gains and losses of financial instruments recognised at fair value in the income statement

175

126

Gains on cash equivalents (fair value option)

121

94

Realised and unrealised gains on derivative instruments not classified as fair value hedges (trading derivatives)

54 (7)

32

Gains and losses on assets held for sale

3 2

Dividends received

3

Gains (losses) on disposal

(10) (25)

1

Other gains and losses on loans, credits and debts and amortised cost

(72) (35) (55) (15) (15) (84) 18

Net foreign exchange gains (losses)

(11)

Other net gains or losses Net allowances to provisions

2

(16) (15) (15) (47) (152)

Financial allowances to provisions for employee benefit obligations Financial allowances to provisions for employee benefit obligations

Total other financial income and expenses

TOTAL NET GAINS (NET LOSSES) RECOGNISED IN THE INCOME STATEMENT

(227)

Change in fair value (before tax) recognised in equity

(10) (10)

(18) (18)

TOTAL NET GAINS (NET LOSSES) RECOGNISED DIRECTLY IN EQUITY

9.4 Borrowings and debt

Bond issues and other interest-bearing liabilities are initially recognised at their fair value, which corresponds to the amount received, less attributable transaction costs, such as issue premiums and expenses. Subsequently, the debt is recognised according to the method of the amortised cost using the effective interest rate of the instrument.

The effective rate corresponds to the rate that enables to obtain the booked value of a bond at its initial date, when discounting future cash flows related to the instrument. Financial debts with maturities greater than one year are recognised as non-current debt. Financial debts due for repayment within less than one year are recognised as current debt.

9.4.1 Details of borrowings and debt Borrowings and debt at the closing date may be analysed in this way:

As at 31 Dec. 2024

Non-current portion

Current portion

As at 31 Dec. 2023

Non-current portion

Current portion

(in millions of euros)

Bonds

7,726 1,893

7,226 1,268

500 625

7,691 1,689

7,191 1,063

500 626

Bank loans (1)

Lease liabilities

168 175 180

149 168

19

111

97

14 15

Other loans and assimilated debt

7

175 156

160

Accrued interest

76

104

–

156

Borrowings and debt (excluding derivatives)

10,142

8,887

1,255

9,822

8,511

1,311

Derivative financial instruments (negative fair value) TOTAL BORROWINGS AND DEBT

530

–

530

565

10

555

10,672

8,887

1,785

10,387

8,521

1,866

1 The current portion of bank loans includes bank loans from concessionaire companies that have not complied with material conditions under the financing documents (TAV Tunisia and AIG until 2023).

608

AÉROPORTS DE PARIS w UNIVERSAL REGISTRATION DOCUMENT 2024