MRM_REGISTRATION_DOCUMENT_2017
3
General information on the issuer and its share capital
Consolidated financial statements for the year ended 31 December 2017
7.1 Income statement by segment
The main line items of the standalone income statement are as follows:
Consolidated income statement as of 31/12/2017
Head office
Office
Retail
Total
(in thousands of euros)
Gross rental revenues
2,183
9,011
- - -
11,194 -3,376
External property expenses not recovered
-1,217
-2,159
NET RENTAL REVENUES
966
6,853
7,819
Operating expenses
-119
-811
-1,832
-2,758
Reversals of provisions
372
582
22
976
Provisions
-41
-598
-
-639
Other operating income Other operating expenses
11
44
11
66
-473
-958
-62
-1,494
OPERATING INCOME BEFORE DISPOSALS AND CHANGE IN FAIR VALUE OF PROPERTIES
717
5,111
-1,858
3,969
Result on disposals of properties
-
-25
- -
-25
Change in fair value of investment properties
-4,655
-1,789 3,297 -1,497
-6,444
OPERATING PROFIT (LOSS)
-3,939
-1,858
-2,500 -1 899
Gross borrowing cost
-403
-
Consolidated income statement as of 31/12/2016
Head office
Office
Retail
Total
(in thousands of euros)
Gross rental revenues
4,105
8,887
- - -
12,992 -3,497
External property expenses not recovered
-2,005
-1,492
NET RENTAL REVENUES
2,100
7,395
9,495
Operating expenses
-674
-848
-1,688
-3,211
Reversals of provisions
-
148
- -
148
Provisions
-474
-465
-939
Other operating income Other operating expenses
418
245
6
669
-2
-44
-46
-92
OPERATING INCOME BEFORE DISPOSALS AND CHANGE IN FAIR VALUE OF PROPERTIES
1,368
6,430
-1,728
6,070
Result on disposals of properties
-2,839 1,230 -242 -576
-
- -
-2,839
Change in fair value of investment properties
3,061
4,291
OPERATING PROFIT (LOSS)
9,491 -1,340
-1,728
7,695 -1,916
Gross borrowing cost
-
M.R.M. 2017 REGISTRATION DOCUMENT
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