Altamir - 2018 Registration document

Business description and activities Comments on the financial year

STATUTORY BALANCE SHEET

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The balance sheet total at 31 December 2018 was €696.8m vs €646.2m at 31 December 2017. This item broke down as follows:

31/12/2018

31/12/2017

31/12/2016

(in thousands of euros)

Portfolio investments held as non-current assets

566,564 61,635 33,484

456,605 136,694

291,022 182,730

Equity investments

Receivables related to equity investments Other non-current financial assets SUBTOTAL – NON-CURRENT ASSETS

24,223

33,817

904

989

903

662,586

618,510

508,472

Sundry receivables Marketable securities

14,374 15,000 4,849

11,298 15,000

2,404

20,000 47,378

Cash on hand

1,337

Prepaid expenses

34

31

39

SUBTOTAL – CURRENT ASSETS

34,257

27,666 646,177

69,782 578,293

TOTAL ASSETS

696,843

Non-current assets include all of the investments made by the Company.

31/12/2018

31/12/2017

31/12/2016

(in thousands of euros)

Share capital

219,260 107,761 238,023

219,260 107,761 203,688

219,260 107,761 163,358

Share premiums

Reserves

Retained earnings

91

74

62

Net income for the year

11,139

69,887

79,331

SUBTOTAL – SHAREHOLDERS’ EQUITY

576,274

600,669

569,772

Carried interest provision: Class B shares

15,367 15,367

11,520 11,520

8,183 8,183

SUBTOTAL – PROVISIONS

Other financial liabilities

33,422

9,063

34

Trade payables Other liabilities

1,760

189

303

70,020

24,736 33,988 646,177

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SUBTOTAL – LIABILITIES

105,202 696,843

338

TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY

578,293

Other financial liabilities correspond to the credit lines used as of 31 December 2018, and other liabilities are made up of debts to the Apax France IX-B, Apax IX LP, Apax Digital and Apax Development funds. As of 31 December 2018, off-balance-sheet commitments amounted to €253.3m: n a €6.9m residual commitment to the Apax France VIII-B fund;

n a €150.2m residual commitment to the Apax France IX-B fund; n a €76.8m residual commitment to the Apax IX LP fund; n a €15m residual commitment to the Apax Development fund; n a €3.9m residual commitment to the Apax Digital fund; n €0.6m in direct investments and €6.2m in guarantees on securities sold.

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ALTAMIR 2018

Registration document