Eurazeo / 2019 Universal Registration Document

Financial Statements Consolidated Financial Statements for the year ended December 31, 2019

FINANCING AND FINANCIAL INSTRUMENTS NOTE 9

Net debt 9.1. Net debt (including lease liabilities),as definedby the Group, breaks downas follows:

Note

12/31/2019

Grossdebt

Cashassets

Netdebt

(In thousands ofeuros)

Comments/Nature ofmaincovenants

Eurazeo

14,153

(533,736)

(519,583) 

Othercompanies Investmentactivity

-

(1,699)

(1,699) 

14,153

(535,434)

(521,281) 

Idinvest

8,101

(17,691) (8,856) (12,243) (11,487)

(9,590)  (8,474)  (12,243)  (9,017) 

IMGlobalPartner

382

EurazeoPME

-

Othercompanies

2,470

Assetmanagement activity

10,952

(50,277)

(39,324) 

Maturities:2022to2024 • Covenants: • Netdebt/EBITDA (1) •

CPK

25,458

(36,128)

(10,669)

Debtservicecoverageratio •

Maturities:2026 • Covenants: •

DORC

156,751

(20,383)

136,368

Netdebt/EBITDA (1) •

Maturities:2020(creditfacility), • 2020-2025 (otherborrowings) Cov-Lite loan •

Planet

393,868

(71,250)

322,618

Maturities:2024 • Covenants: •

Iberchem

152,023

(38,759)

113,264

Netdebt/EBITDA (1) •

Maturities:2020(creditfacility), • 2025(otherborrowings) Covenants: • Secured leverageratio • Maturities:2023(loan), • 2025(otherborrowings) Cov-Lite loan • Maturities:2023(loan) • Covenants: • Netdebt/EBITDA (1) • Capex (3) • Maturities:2024(loan) • Cov-Lite loan • Minimumcashamount •

Elemica

140,332

(1,650)

138,682

Seqens

775,880

(37,841)

738,039

SommetEducation

352,917

(25,469)

327,448

WordlStrides

575,204

(80,256)

494,947

Othercompanies EurazeoCapital

5,391

(14,570)

(9,179) 

2,577,825

(326,307)

2,251,518 

Maturities:2020to2028 • Covenants: •

Debtservicecoverageratio • Netdebt/EBITDA (1) • EBITDA (1) / netinterestexpenses • Liquidityratio • Capex (3) •

EurazeoPMECapital

865,348

(105,879)

759,469

EurazeoPME

865,348

(105,879)

759,469

EURAZEO / 2019 UNIVERSAL REGISTRATION DOCUMENT

242