ALTAMIR_REGISTRATION_DOCUMENT_2017

PRESENTATION OF THE COMPANY AND ITS ACTIVITIES

Comments on the financial year

1.4.10 PAYMENT TERMS

1

The payment terms given to the Company’s customers and suppliers are presented below, keeping in mind that the Company has no customers. At the date of the balance sheet, supplier payment terms were as follows:

Article D.441-4 I.-1° of the French Commercial Code: Received invoices that are past due as of the balance sheet date

Article D.441-4 I.-2° of the French Commercial Code: Issued invoices that are past due as of the balance sheet date

Total (1 day or more)

61 to 90 days

Total (1 day or more)

31 to 60 days

61 to 90 days

0 days (approx.)

1 to 30 days

31 to 60 days

91 days or more

0 days (approx.)

1 to 30 days

91 days or more

(A) Breakdown by days outstanding Number of invoices outstanding 7

13

Total amount of invoices outstanding, incl. VAT

€-96,058.18 €12,419.36 €6,727.80 €0.00 €0.00 €-76,911.02

Percentage of the total amount of purchases, incl. VAT, for the financial year

-0.96% 0.12% 0.07% 0.00% 0.00% -0.77%

Percentage of revenue, excl. VAT, for the financial year (B) Invoices excluded from (A) which relate to disputed or unrecognised trade payables or receivables Number of invoices excluded Total amount of invoices excluded (C) Payment terms applied (contractual or statutory provisions – Article L.441-6 or Article L.443-1 of the French Commercial Code) Payment terms used to calculate days overdue Contractual payment terms indicated on each invoice

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• ALTAMIR 2017

REGISTRATION DOCUMENT