MRM - 2020 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 2020

3.2 List of consolidated companies The financial statements fully consolidate the financial statements of all companies in which M.R.M. exercises exclusive direct or indirect control.

Method of consolidation Parent company Full consolidation Full consolidation Full consolidation Full consolidation Full consolidation

Interest

Control

SA M.R.M.

100% 100% 100% 100% 100% 100%

100% 100% 100% 100% 100% 100%

SAS Commerces Rendement

SAS DB Neptune

SAS DB Piper SCI Galetin II SCI Immovert

All of the Group’s companies are registered in France. As of 31 December 2020, the registered address for all Group entities was 5, avenue Kléber – 75016 Paris.

Note 4 Notes to the balance sheet

4.1 Business combinations and asset purchases

4.1.1 Business combinations

Accounting principles

Following the revision of IFRS 3, acquisition cost is measured at the fair value of the assets transferred, equity issued and liabilities incurred at the date of the transaction. The identifiable assets and liabilities of the acquiree are measured at fair value on the date of acquisition. Costs directly attributable to the acquisition are recognised under “Other operating expenses”. Positive differences between the acquisition cost of shares and the share in the fair value of the identifiable assets and liabilities on the date control is obtained are recognised on the asset side as goodwill. Negative differences are representative of badwill and are recognised directly in profit or loss for the period under “Other non-operating income and expenses”. Goodwill is not amortised. In accordance with IAS 36 “Impairment of Assets”, goodwill is tested for impairment at least once a year and more frequently if there are indications of impairment. These tests are designed to ensure that the recoverable amount of the cash-generating unit to which goodwill is allocated is at least equal to its net carrying amount. If impairment is observed, an impairment charge is recorded under “Other operating income and expenses”.

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M.R.M. 2020 UNIVERSAL REGISTRATION DOCUMENT