GECINA - REFERENCE DOCUMENT 2017
03
CONSOLIDATED FINANCIAL STATEMENTS Notes to the consolidated financial statements
Other payables 3.5.5.17
12/31/2016
12/31/2017
In €’000
Client credit balances
48,214 24,340
28,017 10,423
Other payables Deferred income
5,834
2,899
78,388
41,340
OTHER PAYABLES (1)
Of which €92 million of Eurosic acquisition value. (1)
Off balance sheet commitments 3.5.5.18
12/31/2016
12/31/2017
In €’000
Commitments given Off balance sheet commitments given linked to operating activities Deposits and guarantees (in favor of subsidiaries and equity investments)
1,020
1,020
Asset-backed liabilities
699,789 329,095 241,645
747,695 340,232 180,630
Works amount to be invested (including sales of property for future completion)
Commitments to sale of properties
Preliminary agreements to acquire buildings
0
1,620
28,652
27,520
Other (1)
TOTAL COMMITMENTS GIVEN
1,300,201
1,298,717
Commitments received Off balance sheet commitments received linked to financing Unused lines of credit Off balance sheet commitments received linked to operating activities Commitments to sale of properties
3,760,000
2,245,000
187,579
140,599
Preliminary agreements to acquire buildings
0
1,800
Mortgage-backed receivables
480
480
Financial guarantees for management and transactions activities
1,025
1,264
1,259,011 5,208,095
1,247,057 3,636,200
Other (2)
TOTAL COMMITMENTS RECEIVED
Of which €10 million of liabilities guarantee granted as part of the sale of shares of the subsidiary GEC 4. (1) Of which €1.24 billion guarantee received as part of acquisition ADD and AGA equities. (2)
During the course of its normal business operations, Gecina which would materially impact Gecina’s earnings or financial made certain commitments to be fulfilled within a maximum position.
of ten years, and which do not appear in the table of commitments given because their cost is not yet known. Based on the assessments of the Group and its advisers, there are currently no commitments likely to be called and
The outstanding amounts for future development costs (including sales of property for future completion) correspond to reciprocal guarantees with the developer who undertakes to complete the works.
90 GECINA - REFERENCE DOCUMENT 2017
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