EURAZEO_REGISTRATION_DOCUMENT_2017
CONSOLIDATED FINANCIAL STATEMENTS Notes to the Consolidated Financial Statements
FINANCING AND FINANCIAL INSTRUMENTS NOTE 9
Net debt 9.1 Net debt, as defined by the Group, breaks down as follows:
Note
12/31/2017
12/31/2016
(In thousands of euros) Asmodee bond issue
1,597
3,166
Eurazeo PME investments’ bond issues
230,967
189,196
WorldStrides bond issue Eurazeo Partners bond issue
83,382
-
-
3,605
Bond issues
315,946
195,967 149,450 525,877 238,412 414,366 266,139 326,548
Legendre Holding 19 (AccorHotels) loan
- -
ANF Immobilier loan
Asmodee loans
223,539 461,668 388,464 336,931 120,679 650,178 141,460 343,535 10,360 193,566 172,978
Eurazeo PME investments’ loans
Fintrax loans
Grape Hospitality loans
Iberchem loans Novacap loans
-
452,900 153,273
Sommet Education loans
WorldStrides loans Bank overdrafts
-
13.1
5,161
Finance leases
197,282 155,679
Other loans
Loans
3,043,358 3,359,304
2,885,087 3,081,054
BORROWINGS
4
o/w borrowings maturing in less than one year o/w borrowings maturing in more than one year
142,523 3,216,781 872,392
280,699
2,800,355 1,503,297
Cash and cash equivalent assets
13.1 13.1 13.1
Restricted cash
20,441 15,306
12,070 64,917
Other short-term deposits
Cash assets
908,139 2,451,165
1,580,284 1,500,770
TOTAL NET DEBT
Borrowings maturing in less than one year primarily consist of credit facilities repayable in 2018 and short-term debt maturities. The net debt position of the Group’s investments is presented below.
Consolidated debt-related commitments 9.1.1 Loans extended to Group companies may be subject to requests for early repayment, particularly in the event of payment default or failure to fulfill contractual obligations. The table below provides details of the amounts (including accrued interest), the maturity dates and the nature of the covenants of the financing held by the Group’s various investments.
231
Eurazeo
2017 Registration document
Made with FlippingBook - Online catalogs