GECINA - REFERENCE DOCUMENT 2017

03

CONSOLIDATED FINANCIAL STATEMENTS Notes to the consolidated financial statements

Other payables 3.5.5.17

12/31/2016

12/31/2017

In €’000

Client credit balances

48,214 24,340

28,017 10,423

Other payables Deferred income

5,834

2,899

78,388

41,340

OTHER PAYABLES (1)

Of which €92 million of Eurosic acquisition value. (1)

Off balance sheet commitments 3.5.5.18

12/31/2016

12/31/2017

In €’000

Commitments given Off balance sheet commitments given linked to operating activities Deposits and guarantees (in favor of subsidiaries and equity investments)

1,020

1,020

Asset-backed liabilities

699,789 329,095 241,645

747,695 340,232 180,630

Works amount to be invested (including sales of property for future completion)

Commitments to sale of properties

Preliminary agreements to acquire buildings

0

1,620

28,652

27,520

Other (1)

TOTAL COMMITMENTS GIVEN

1,300,201

1,298,717

Commitments received Off balance sheet commitments received linked to financing Unused lines of credit Off balance sheet commitments received linked to operating activities Commitments to sale of properties

3,760,000

2,245,000

187,579

140,599

Preliminary agreements to acquire buildings

0

1,800

Mortgage-backed receivables

480

480

Financial guarantees for management and transactions activities

1,025

1,264

1,259,011 5,208,095

1,247,057 3,636,200

Other (2)

TOTAL COMMITMENTS RECEIVED

Of which €10 million of liabilities guarantee granted as part of the sale of shares of the subsidiary GEC 4. (1) Of which €1.24 billion guarantee received as part of acquisition ADD and AGA equities. (2)

During the course of its normal business operations, Gecina which would materially impact Gecina’s earnings or financial made certain commitments to be fulfilled within a maximum position.

of ten years, and which do not appear in the table of commitments given because their cost is not yet known. Based on the assessments of the Group and its advisers, there are currently no commitments likely to be called and

The outstanding amounts for future development costs (including sales of property for future completion) correspond to reciprocal guarantees with the developer who undertakes to complete the works.

90 GECINA - REFERENCE DOCUMENT 2017

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