SOLOCAL_Registration Document_2017

FINANCIAL STATEMENTS 6.2 Annual financial statements for the financial years ended 31 December 2016 and 2017

3.3

TRADE DEBTORS, IMPAIRMENT OF RECEIVABLES AND OTHER RECEIVABLES

Financial year ended 31 December

2017

2016

(in thousands of euros) Gross trade debtors

1,000

666

Depreciation

-

-

NET TRADE DEBTORS

1,000

666

1

The above receivables include the services that SoLocal Group invoices to its subsidiaries.

All trade debtors and other receivables are less than one year.

2

3.4

CASH AND CASH EQUIVALENTS, MARKETABLE SECURITIES, CURRENT ACCOUNTS

AND DEBT

Financial year ended 31 December

3

2017

2016

(in thousands of euros)

Net asset current accounts

33,810

72,828

of which accrued interest not yet due

-

-

Treasury shares

344

260

4

Treasury shares – provision Other marketable securities Cash and cash equivalents

(7)

(3)

0

102

41,164

26,560

CASH AND CASH EQUIVALENTS, MARKETABLE SECURITIES AND CURRENT ACCOUNTS

75,312

99,747 783,638 38,395 14,759 836,791 580,000

5

Loans and financial debts from credit institutions

- - - -

Revolving credit facility drawn (RCF)

Accrued interest not yet due

LOANS AND FINANCIAL DEBTS FROM CREDIT INSTITUTIONS SUBTOTAL

6

Loans and financial debts from Group companies

580,000

Accrued interest

496

511

PJ Finance & Co bond borrowings

- -

350,000 18,161

Accrued interest not yet due on borrowings Finance & Co bonds

7

Mandatory convertible bonds Non-convertible bond borrowings

5,681

- -

397,835

Accrued interest not yet due on non-convertible bond borrowings

1,415 2,873

Debt relating to future claims transferred – CICE

2,749

Accrued interest not yet due (ICNE) Tax credit employment (CICE)

8

4

6

LOANS AND FINANCIAL DEBTS SUBTOTAL

988,303 520,500

951,426 601,035

Liability current accounts

of which accrued interest not yet due Other financial debts – bank overdrafts

-

-

11

5

GROSS FINANCIAL DEBT

1,508,814 1,105,298

2,389,258 2,389,258

Portion due in less than one year Portion due after more than one year

403,516

-

NET CASH (DEBT)

(1,433,503)

(2,289,510)

193

2017 Registration Document SOLOCAL