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

4.8 Other receivables

Accounting principles

Receivables and payables with deferred payments IAS 39 requires the discounting of any sums whose payment or receipt is deferred in a manner that deviates from standard practice. The amounts of these receivables or payables are discounted and a financial profit or loss recognised in the statement of comprehensive income over the deferred payment period. The discount rate applied is the one used to discount cash flows and capitalise rents for the purposes of property valuation by the independent appraisers. The only deferred payments recognised relate to guarantee deposits received from tenants. No receivables with deferred payments were recognised. As of 31 December 2021, the discount rate was 6.95%. Other receivables break down as follows:

31/12/2021

31/12/2020

Gross Depreciation

Net

Net

(in thousands of euros) Tax receivables (1) Other receivables (2)

1,643 1,200

- - - - - -

1,643 1,200

1,828 1,439

Funds deposited with third parties

62

62

637 372

Rental fees (3)

350

350

Prepaid expenses

75

75

56

TOTAL OTHER RECEIVABLES

3,331

3,331

4,333

(1) This amount basically corresponds to a VAT credit to be carried forward. (2) This amount primarily consists of calls for funds issued to owners to pay for costs and works. (3) Rental fees spread over the corresponding lease terms.

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M.R.M. 2021 UNIVERSAL REGISTRATION DOCUMENT