MRM - 2019 Universal Registration Document
3
General information on the issuer and its share capital
Consolidated financial statements for the financial year ended 31 December 2019
In 2019 other operating income came to €1,751,000 mostly comprising €1,455,000 in penalties paid by Maison Dépôt for failing to open its store in the Aria Parc retail park in Allonnes. An impairment was recorded for the corresponding receivable.
Other operating expenses amounted to €999,000 and primarily consisted of various one-off fees totalling €580,000 and losses on receivables written off in the amount of €249,000 for which a reversal of impairment was recorded.
5.5 Result on disposals of properties
The gains (losses) on the disposals of properties break down as follows:
Disposals of properties 12/31/2019
Disposals of properties 12/31/2018
(in thousands of euros)
Proceeds from disposals net of expenses Net book value of disposed properties RESULT ON DISPOSALS OF PROPERTIES
5,346
37,097
-5,430
-37,207
-84
-110
5.6 Change in fair value of properties
12/31/2019
(in thousands of euros)
Opening net balance of properties
164,740
Asset disposals
-5,430
Works
7,946
168,070
Closing net balance of properties
CHANGE IN FAIR VALUE
814
5.7 Net borrowing cost
The net borrowing cost breaks down as follows:
12/31/2019
12/31/2018
(in thousands of euros)
Interest received
-
-
Interest and similar expenses NET BORROWING COST
-1,231
-1,493
-1,231
-1,493
5.8 Change in fair value of financial instruments and marketable securities The €12,000 decrease in the fair value of financial instruments and marketable securities over the period was due exclusively to the change in the fair value of a cap (see Note 4.9). 5.9 Earnings per share The consolidated net earnings per share at €0.07 is calculated by dividing the consolidated loss by the number of shares outstanding (excluding treasury shares) at closing, i.e. 43,631,618 shares as of 31 December 2019. See Note 4.11 “Information on the number of shares outstanding”.
90
M.R.M. 2019 UNIVERSAL REGISTRATION DOCUMENT
Made with FlippingBook Learn more on our blog