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

Change in bank debts

Non-current debt

Current debt

(in thousands of euros)

NET BALANCE AT OPENING

74,541 75,750

2,300

Increases (1)

- -

Loan issuance costs

-1,310

Decreases (2)

-76,699

-499

Reclassification

2,162

-2,162

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

-

361

NET BALANCE AT CLOSING

74,444

-

(1) The increases correspond to new borrowings committed as part of refinancing. (2) Decreases correspond to contractual depreciation and repayment of a credit line backed by a sold building. All borrowings from credit institutions are at variable rates.

4.14 Other payables and accruals

Other liabilities break down as follows:

31/12/2021

31/12/2020

(in thousands of euros)

Advances and deposits received

3

3

Company liabilities

108

96

Tax liabilities (1)

1,586 1,081

1,194

Other liabilities (2) Deferred income

720 289

173

TOTAL OTHER LIABILITIES AND ADJUSTMENT ACCOUNTS

2,950

2,302

(1) The tax liabilities concern essentially the collected VAT. (2) The other liabilities primarily consist of appeals for funds issued to tenants to pay for costs and works.

4.15 Fair value levels

Accounting principles

IFRS 13 - “Fair Value Measurement” - requires fair value to be presented according to a hierarchy with quoted prices in active markets at the top (level 1) and unobservable inputs in active markets at the bottom. The three levels are as follows:

Level 1: quoted prices in active markets for identical assets or liabilities;

Level 2: inputs other than quoted prices that are observable for the asset or liability, either directly or indirectly;

Level 3: unobservable inputs.

The Group does not have any liabilities measured at fair value.

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M.R.M. 2021 UNIVERSAL REGISTRATION DOCUMENT