Universal Registration Document 2024

6 FINANCIAL INFORMATION

GROUPE ADP CONSOLIDATED FINANCIAL STATEMENTS AS OF 31 DECEMBER 2024

The breakdown of financial assets and liabilities by currency is as follows:

As at 31 Dec. 2024

Other currencies

EUR TRY USD JOD AED INR

(in millions of euros)

Other non-current financial assets

1,688 1,244

19

411 49

–

3 –

– –

11

Trade receivables Other receivables (1)

1,049

896 139

20

46

38 41 31 33

206 234

11

11

2

1

1

Other current financial assets Cash and cash equivalents TOTAL FINANCIAL ASSETS Non-current borrowings and debt Other payables and other non-current liabilities (1) Current borrowings and debt TOTAL FINANCIAL LIABILITIES Trade payables

53

67 33

56 113

27 44 119

– –

– 5 6

1,958 1,730 5,135 4,062 8,887 7,713

150 640 19 1,153

4

154

–

– –

1

1

790

712

19

22

12

–

25

1,641

1,297

14

147

137

4

1

41

1,785 1,737 13,103 11,459

2

44

–

–

– 2

2

54 1,366

149

4

69

1 Other receivables and other payables exclude all accounts which do not constitute, within the terms of IAS 32, contractual rights and obligations, such as tax and social security debts or receivables.

Other currencies relate primarily to the Oman rial (OMR), Saudi rial (SAR), Qatari rial (QAR) and Kazakh tenge (KAZ).

The Group is exposed to fluctuations in the Indian rupee against the euro. As the purchase price is partially denominated in Indian rupees, an appreciation/depreciation of Indian rupee compared to euro of 10% would have negative/positive impacts of €33 million on the profit before tax and €61 million on investment in associates.

The exchange rates used for the conversion of the financial statements of foreign subsidiaries, joint ventures and associated are as follows:

As at 31 Dec. 2024

As at 31 Dec. 2023

Closing rate

Average rate

Closing rate

Average rate

United Arab Emirates Dirham (AED)

0.26292 0.00097 1.36401 0.01128 0.00184 0.96572 0.02722

0.25167 0.00098 1.30459 0.01105 0.00197 0.92436 0.02818

0.24626 0.00104 1.26849 0.01087 0.00202 0.90449 0.03070

0.25175 0.00110 1.30362 0.01120 0.00206 0.92465 0.03889

Chilean peso (CLP) Jordanian Dinar (JOD) Indian Rupee (INR) Kazakh Tenge (KZT) United States Dollar (USD)

Turkish Lira (TRY)

Groupe ADP's debt does not generate any foreign exchange risk due to the items listed below: u as all ADP SA debt is denominated in euros, it does not generate any currency risk; u the TAV group's debt, denominated in euros and dollars, can be repaid without any exchange-rate risk, as most of its revenue is denominated in these currencies. In 2023, the TAV group issued a USD400 million bond, which was converted into euros via a cross-currency swap;

u AIG's bank debt, denominated entirely in USD, does not present any foreign exchange risk, as the exchange rate is fixed to the US dollar (PEG). At 31 December 2024, the Group held currency derivatives with a positive fair value of €11 million and a nil fair value on the liabilities side under borrowings and debt.

The notional amounts of qualified currency derivatives break down as follows:

Maturity between 1 & 5 years

Maturity < 1 year

Maturity > 5 years

As at 31 Dec. 2024

Fair value

(in millions of euros)

Derivatives classified as cash flow hedges

367 367

367 367

11 11

TOTAL

–

–

616

AÉROPORTS DE PARIS w UNIVERSAL REGISTRATION DOCUMENT 2024