MRM - 2018 Registration document

3

General information on the issuer and its capital

Consolidated financial statements for the financial year ended 31 December 2018

Consolidated income statement as of 31/12/2017

Offices

Retail

Head office

Total

(in thousands of euros)

Gross rental revenues

2,183

9,011

- - -

11,194 -3,376

-1,217

-2,159

External property expenses not recovered

NET RENTAL REVENUES

966

6,853

7,819

Operating expenses

-119

-811

-1,829

-2,758

Reversals of provisions and impairment

372

582

22

976

Provisions and impairment Other operating income Other operating expenses

-41

-598

-

-639

11

44

11

66

-473

-958

-62

-1,494

OPERATING INCOME BEFORE DISPOSALS AND CHANGE IN FAIR VALUE OF PROPERTIES

717

5,111

-1,858

3,969

Result on disposals of properties Change in fair value of properties

-

-25

- -

-25

-1,789 3,297 -1,497

-6,444

-4,655

OPERATING INCOME Gross borrowing cost

-3,939

-1,858

-2,500 -1,899

-403

-

7.2 Statement of financial position

The main line items in the statement of financial position are as follows:

Statement of consolidated financial position – Assets as of 31/12/2018

Offices

Retail

Head office

Total

(in thousands of euros)

Investment properties

-

159,080

- -

159,080

5,660

Assets held for sale

5,430

230

Cash and cash equivalents

182

2,317

10,956

13,456

Statement of consolidated financial position – Liabilities as of 31/12/2018

Offices

Retail

Head office

Total

(in thousands of euros)

Non-current bank debts

- -

72,056

- - -

72,056

2,044 3,274

2,044 3,313

Current bank debts

Debts payable against non-current assets

39

Statement of consolidated financial position – Assets as of 31/12/2017

Offices

Retail

Head office

Total

(in thousands of euros)

Investment properties

-

158,520

- -

158,520 41,047 13,352

Assets held for sale

40,610 11,711

437 583

Cash and cash equivalents

1,058

98

M.R.M. 2018 REGISTRATION DOCUMENT