ALTAMIR_REGISTRATION_DOCUMENT_2017

3

FINANCIAL STATEMENTS

Consolidated financial statements

Portfolio breakdown according to the degree of maturity of the investments and their business sector:

31/12/2017

31/12/2016

(in euros)

STAGE OF DEVELOPMENT LBO

828,247,972 66,326,292 894,574,264

751,528,208 123,054,547 874,582,756

Growth capital

PORTFOLIO TOTAL

31/12/2017

31/12/2016

(in euros)

INDUSTRY Services

297,330,355 347,251,188 197,883,664 52,109,058 894,574,264

189,979,896 394,129,391 213,537,626 76,935,843 874,582,756

TMT

Consumer Healthcare

PORTFOLIO TOTAL

NOTE 8 Sundry current receivables

As of 31 December 2017, this line item primarily comprised accrued income relating to the 3% contribution on dividends. As this contribution has been struck down by the French Constitutional Council, Altamir requested the reimbursement of the amounts paid for the previous three years, amounting to €2.8m, as well as the related default interest of €190k.

NOTE 9 Other current financial assets

Other current financial assets mainly relate to an Allianz tax-efficient capitalisation fund valued at €16.1m using the amortised cost method, including capitalised interest, and to receivables of €3.4m and €4m relating to Apax VIII LP and Apax IX LP, respectively. These receivables are capital calls that have not yet been invested.

NOTE 10 Cash and cash equivalents

This item broke down as follows:

31/12/2017

31/12/2016

(in euros)

Money-market funds

- -

376

Time deposits Cash on hand

5,000,833 53,189,430 58,190,639

1,246,566 1,246,566 -7,981,055 -6,734,488

CASH AND CASH EQUIVALENTS

Bank overdraft

-

CASH SHOWN IN THE STATEMENT OF CASH FLOWS

58,190,639

120 REGISTRATION DOCUMENT

• ALTAMIR 2017

www.altamir.fr