MRM - 2019 Universal Registration Document

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General information on the issuer and its share capital

Consolidated financial statements for the financial year ended 31 December 2019

Principal characteristics of bank debts

Credit agreement date

Total drawdowns as of 12/31/2019 (in thousands of euros)

Total outstandings as of 12/31/2019 (in thousands of euros)

Amount of loan granted (in thousands of euros)

Lending institution

Maturity

Saar LB

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

12,200 15,200 61,853 89,253

12,200 15,200 60,962 88,362

7,290

Berlin Hyp

15,038 54,819 77,147

Saar LB

The amount of credit available as of 31 December 2019, given the drawdowns already made at this date, stood at €891,000.

Change in bank debts

Non-current debt

Current debt

(in thousands of euros)

NET BALANCE AT OPENING

72,056

2,044

Increases (1) Decreases (2)

5,372

-

-

-2,550

Reclassification

-2,726

2,726

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

-

226

NET BALANCE AT CLOSING

74,701

2,446

(1) The increases correspond to the drawdowns on an available credit line. (2) The decreases correspond to the contractual repayments.

Bank debt – fixed/variable rate

Fixed rate Variable rate

Total

(in thousands of euros)

BANK DEBTS

61,304

15,843

77,147

4.14 Debts payable against non-current assets

12/31/2019

12/31/2018

(in thousands of euros)

Retail properties Office properties

4,916

3,274

-

39

DEBTS PAYABLE AGAINST NON-CURRENT ASSETS

4,916

3,313

The debts on non-current assets as of 31 December 2019 primarily related to the redevelopment and extension of the Valentin shopping centre in Besançon.

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M.R.M. 2019 UNIVERSAL REGISTRATION DOCUMENT