MRM // 2021 Universal Registration Document

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General information on the issuer and its share capital

Consolidated nancial statements for the nancial year ended 31 December 2021

1.3 Statement of consolidated cash fows

31/12/2021 31/12/2020

(in thousands of euros)

Cash flow: CONSOLIDATED NET INCOME

5,603

-7,173

Elimination of non-cash expenses and income Change in impairment, provisions and deferred charges

909

-609

Change in fair value of properties

Note 5.6 Note 5.8

-2,643

10,022

Change in fair value of financial instruments Discounting of receivables and payables

48

1

367

154

Net borrowing cost

Note 5.7

1,205

1,232

Termination costs for loans

367

-

Elimination of capital gains (losses)

Note 5.5

-475

-400 -136

Other items

-78

CASH FLOW

5,304

3,090

Change in working capital requirements (WCR) Trade receivables

-1,192

659

Other receivables

980

-488

Trade payables

22

253

Other debts

648

68

CHANGE IN WORKING CAPITAL REQUIREMENTS (WCR)

459

492

CHANGE IN CASH FLOW FROM OPERATIONS

5,762 -2,772

3,582 -3,082

Purchases of investment property

Notes 4.5 and 4.6

Sales of investment property

Note 5.5

4,855

580

Change in debts payable against non-current assets

-1,785

-1,419

CHANGE IN CASH FLOW FROM INVESTING ACTIVITIES

298

-3,921

Change in debt

Increase in bank debts Decrease in bank debts Change in other borrowings

Note 4.13 Note 4.13

75,750

891

-77,198

-1,375

80

29

Other changes

Dividends paid

-2,181

- -

Financial instruments

Note 4.9

-109

Purchase/Disposal of treasury shares Loan issuance costs disbursed Loan termination costs disbursed

7

-23

-1,310

- -

-367

Interest paid

-1,247 -6,575

-1,236 -1,714 -2,053 12,266 10,213

CHANGE IN CASH FLOW FROM FINANCING ACTIVITIES NET CHANGE IN CASH AND CASH EQUIVALENTS

-514

Opening cash and cash equivalents Closing cash and cash equivalents

10,213

9,699 9,652

Cash

Note 4.10 Note 4.10

10,166

Other cash items

47

47

CHANGE IN CASH POSITION

-514

-2,053

M.R.M. 2021 UNIVERSAL REGISTRATION DOCUMENT

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