MRM - 2018 Registration document

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General information on the issuer and its capital

Consolidated financial statements for the financial year ended 31 December 2018

Principal characteristics of bank debts

Total outstandings

Total drawdowns as of 31/12/2018 (in thousands of euros)

Credit agreement date

Amount of loan granted (in thousands of euros)

Lending institution

as of 31/12/2018 (in thousands of euros)

Maturity

Saar LB

21/12/2007 20/12/2022 30/10/2017 31/10/2022 22/12/2016 21/12/2021

12,200 15,200 61,854 89,254

12,200 15,200 55,591 82,991

7,703

Berlin Hyp

14,982 51,415 74,100

Saar LB

The amount of credit available as of 31 December 2018, given drawdowns already made at this date, stood at €6,263 thousand.

Change in bank debts

Non-current debt

Current debt

(in thousands of euros)

NET BALANCE AT OPENING

71,141

2,244

Increases (1) Decreases (2)

3,409

-

-

-2,901

Reclassification

-2,493

2,493

Other (debt issue expenses, capitalisation of interest and discounting)

-

208

NET BALANCE AT CLOSING

72,056

2,044

(1) The increases correspond to drawdowns on an available credit line. (2) The decreases correspond to the contractual amortisations in the amount of (-€2,682 thousand) and the early repayment related to a property disposal for (-€220 thousand).

Bank debt – fixed/variable rate

Fixed rate Variable rate

Total

(in thousands of euros)

BANK DEBTS

63,160

10,940

74,100

4.13 Debts payable against non-current assets

31/12/2018

31/12/2017

(in thousands of euros)

Retail properties Office properties

3,274

1,099

39

766

DEBTS PAYABLE AGAINST NON-CURRENT ASSETS

3,313

1,865

Debt on non-current assets as of 31 December 2018 primarily related to the reconfiguration and extension of the Valentin shopping centre in Besançon.

M.R.M. 2018 REGISTRATION DOCUMENT

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