Compagnie des Alpes - 2017 Registration Document

5 FINANCIAL INFORMATION

Parent-company financial statements

SUBSIDIARIES AND SHAREHOLDINGS (in thousands of euros)

Last completed reporting period date

Equity interest at 30/09/2015 (direct and indirect)

Financial information Subsidiaries and shareholdings

Legal structure

Subsidiaries (at least 50% of the share capital held by the Company) BY GRÉVIN © – GENEVA (Switzerland)

SA 30/09/2017 SAS 30/09/2017 SA 30/09/2017 SNC 30/09/2017 SAS 30/09/2017 SA 30/09/2017 SAS 30/09/2017 BV 30/09/2017 BV 30/09/2017 SA 30/09/2017 SAS 30/09/2017 SAS 30/09/2017 SAS 30/09/2017 SA 30/09/2017 Ltd 30/09/2017 SAS 30/09/2017 SAS 30/09/2017 Inc 30/09/2017 Sro 30/09/2017

100.00% 100.00% 100.00% 99.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 95.88% 45.55%

CDA-DS – SIREN no. 477 855 787 – 75009 PARIS

GRÉVIN & CIE – SIREN no. 334 240 033 – 60128 PLAILLY CDA FINANCEMENT - SIREN no. 482 940 616 – 75009 PARIS CDA PRODUCTIONS – SIREN no. 421 155 458 – 75009 PARIS MUSÉE GRÉVIN - SIREN no. 552 067 811 – 75009 PARIS FRANCE MINIATURE - SIREN no. 348 677 196 – 78990 ELANCOURT

HARDERWIJK HELLENDOORN HOLDING – NL 3840 - HARDERWIJK – The Netherlands

BELPARK – B 8902 IEPER – BELGIUM

SOCIÉTÉ DU PARC DU FUTUROSCOPE – SIREN no. 444 030 902 – 86130 JAUNAY CLAN

CDA BRANDS – SIREN no. 383 926 532 – 75009 PARIS

AVENIR LAND – SIREN no. 311 285 068 – 38630 LES AVENIÈRES CDA MANAGEMENT – SIREN no. 500 244 140 – 75009 PARIS LOISIRS RE – L 8070 BERTRANGE (GD Luxembourg) CDA BEIJING BUSINESS CONSULTING – China – Beijing CDA DL – SIREN no. 534 737 432 – 75009 PARIS INGELO – SIREN no. 534 870 803 – 73000 CHAMBÉRY MUSÉE GRÉVIN MONTRÉAL (c) – MONTREAL QC (Canada) MUSÉE GRÉVIN PRAGUE (c) – PRAGUE (Czech Republic)

MUSÉE GRÉVIN SÉOUL © – SEOUL 04523 Korea

Corporation 30/09/2017

92.43%

Shareholdings (10 to 50% of the share capital held by the Company) CMB - SIREN no. 605 520 584 (1) – 74400 CHAMONIX

SA 31/05/2017

37.49% 15.00%

AZOR MANAGEMENT – MOSCOW (Russia)

LLC

(a) Most recent closing date. (b) Principal amount. (c) Conversion for €1: CHF: 1.147 - CAD: 1.4639 - CZK: 26.075 - KRW: 1,348.89. (d) Consolidated data of the subgroup at 31 May 2017.

3.3

CHANGE IN IMPAIRMENT OF NON-CURRENT FINANCIAL ASSETS

Pursuant to the share buyback programme authorised by the Combined Ordinary and Extraordinary Shareholders’ Meeting of 9 March 2017, CDA’s liquidity contract consisted of the following at 30 September 2017: z 9,733 shares representing a gross book value of €245 thousand; z cash of €730 thousand (principal and accrued interest). Regarding the CDA stock price which stood at €26.95 at 30 September 2017, no impairment loss was recognised. ACCOUNTS RECEIVABLE The “accounts receivable” line item stood at €15,543 thousand. It comprised: z trade receivables €2,252 thousand; z tax and payroll receivables (VAT and CICE) €1,359 thousand; 3.5

Shareholdings are tested annually for impairment, on the basis of a number of valuation factors (net assets, growth prospects determined in relation to the medium-term business plans of the companies in question, estimated realisable value, etc.). After obtaining these estimates, the Company may recognise impairment losses on some of its shareholdings, where the valuation shows an unrealised capital loss in respect of the cost price. LIQUIDITY CONTRACT AND TREASURY STOCK Treasury stock and cash allocated to the liquidity contract are classified as “non-current financial assets”. 3.4

z intra-group current accounts of tax consolidated subsidiaries

€11,912 thousand;

z sundry receivables

€20 thousand.

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Compagnie des Alpes I 2017 Registration Document