Financial The Green Link_EN

Matthieu Verstraete

Informations

• Publié par: MyMicroInvest
• Publié le: 08 juillet 2015
• Nombre de lectures: 82
• Langue: English

Extrait

This document should be read as an introduction to the information Memorandum. Every decision to invest needs to be built on an exhaustive examination of the information Memorandum which can be downloaded on the company page.

Financial Plan ᬇ -Forecested Balance sheet -Forecasted Income statement

Deal structure ᬆ -Forcasted non subordinated loan

Historical financial ᬅ -Balance sheet -Income statement

You will find in this document all extracts from the information Memorandum ofThe Green Link making reference to the following subjects:

The Green Link

Historical financial༃

The numbers presented below are the consolidated financial statements Detailed accounts by structure are available in the information Memorandum. 1.Balance Sheet The numbers presented below are expressed in EUR. ASSETS 31/12/2012 31/12/2013 31/12/2014 Fixed assets 58 952 192 992 145 211 Formation expenses 0 0 0 Fixed intangible assets 0 1 000 0 Fixed tangible assets 58 952 181 587 137 911 Land and constructions0 0 0 Installations, machines and tools1 002 746 490 Furnishings and vehicles0 0 0 Lease finance and similar rights0 0 0 Other fixed tangible assets137 421180 841 57 950 Fixed assets being prepared and for which down 0 0 0 payments have been paid Financial fixed assets 0 10 405 7 300 Current assets 163 395 1 202 664 743 190 Receivables of more than one year 129 191 483 245 623 601 Trade receivables150 049196 134 108 335 Other receivables473 552287 111 20 856 Stock and orders being executed 0 6 312 6 312 Stock0 6 312 6 312 Orders being executed0 0 0 Receivables at one year maximum 0 0 0 Trade receivables0 0 0 Other receivables0 0 0 Investment of cash 14 989 215 710 15 710 Cash equivalents 19 215 388 955 95 267 Equalisation accounts 0 108 442 2 300 TOTAL ASSETS 222 347 1 395 656 888 401

LIABILITIES Equity Subscribed capital Subscribed capital Non-called-up capital Issue premiums Added value of reevaluation Reserves Legally mandated reserve Inaccessible reserves For own shares Other costs Tax-free reserves Available reserves Deferred profit (loss) Capital grants Advance to associates on distribution of net assets Provisions and deferred taxes Provisions for risks and expenses Deferred taxes Debts Debts of more than one year Financial debts Establishment of credits, debts of lease finance and similar Other borrowings Trade debts Advances received on orders Other debts Debts of one year maximum

Debts of more than one year maturing during the year

Financial debts Establishment of credits Other borrowings Trade debts Suppliers Notes payable Advances received on orders Tax, wage and social debts Other debts Equalisation accounts TOTAL LIABILITIES

31/12/2012 -75 571 156 000 156 000 0 0 0 0 0 0 0 0 0 0 -231 571 0 0 0 0 0 297 917 123 766 45 033

22 940

22 093 78 733 0 0 174 151

0

0 0 0 0 0 0 0 174 151 0 0 222 346

31/12/2013 704 052 55 135 55 135 0 1 056 939 0 24 429 24 429 0 0 0 0 0 -432 451 0 0 0 0 0 691 603 446 698 1 030

1 030

0 445 668 0 0 244 905

0

0 0 0 0 0 0 0 241 804 3 101 0 1 395 655

31/12/2014 295 653 60 467 60 467 0 1 373 419 0 24 429 24 429 0 0 0 0 0 -1 162 662 0 0 0 0 0 592 747 335 458 1 233

1 233

0 334 225 0 0 257 289

0

0 0 0 0 0 0 0 246 237 11 052 0 888 400

2.Income Statement The numbers presented below are expressed in EUR. INCOME STATEMENT Sales turnover Fixed production Other revenue Operating revenue

Supplies, merchandise, services and miscellaneous goods

Gross operating margin Remuneration, social charges and pensions Depreciation and reduction in value on formation expenses, fixed tangible and intangible assets Reduction in value of stock, on orders being executed and on trade receivables: allocations (reversals)

Provisions for risks and charges: allocations (uses and reversals)

Other operating expenses

Operating expenses assigned to assets as restructuring costs

Operating profit (loss) Financial revenue Financial expenses Profit (Loss) before taxes Exceptional revenue Exceptional expenses Profit (Loss) of the Financial Year before taxes Withholding on deferred taxes Transfer to deferred taxes Income tax Profit (Loss) of the Financial Year Withholding on tax-free reserves Transfer to tax-free reserves Profit (Loss) of the Financial Year

31/12/2012 932 765 3 621 564 936 950

-454 972

481 978 -601 257

-20 645

0

0

-97

0

-140 021 0 -444 -140 465 4 986 -8 145 -143 624 0 0 0 -143 624 0 0 -143 624

31/12/2013 1 098 368 0 16 994 1 115 362

-591 283

524 079 -935 363

-17 912

6 312

0

-8 883

0

-431 767 2 767 -115 -429 115 50 400 -53 738 -432 453 0 0 0 -432 453 0 0 -432 453

31/12/2014 1 118 065 0 53 713 1 171 778

-592 501

579 277 -1 179 965

-45 872

0

0

-33 788

0

-680 348 10 242 -670 106 0 -60 103 -730 209 0 0 0 -730 209 0 0 -730 209

Deal Structure༄

1.Forecasted non subordinated bond loan The Notes issue will enable MyMicroInvest Finance to provide financing to The Green Link in the form of an unsubordinated convertible Loan. This unsubordinated convertible Loan has no cover or guaranty. The specifics are as follows: -The principal amount of the Loan: depending on the results of the subscription to the Notes, the principal of the Loan will be a minimum of 99,500 EUR and a maximum of 250,000 EUR. Each Note represents the sum of 500 EUR. -Ratenominal rate of interest is fixed at 7% per annum;: the -Term: 5 years -Modalities:Loan is interest bearing beginning from the date the funds are made the available to The Green Link at the rate of 7% per annum The interest is payable quarterly at each anniversary date of the Loan with the final payment of interest falling on the maturity date of the Loan together with the complete reimbursement of the principal sum of the Loan. -Transferability: the Loan is freely transferable by MyMicroInvest Finance; -Loan is unsubordinated, not guaranteed, not covered by any securitySubordination: the whatsoever See below the example for an investor who has subscribed to 1 the Green Link Note: EXAMPLE OF NOTES REIMBURSEMENT SCHEDULE Period Remaining Interest payment Principal Total payment principal payment Periods: 20 500,00 96,91 500,00 596,91 Quarter 1 478,90 8,75 21,10 29,85 Quarter 2 457,44 8,38 21,46 29,85 Quarter 3 435,60 8,01 21,84 29,85 Quarter 4 413,38 7,62 22,22 29,85 Quarter 5 390,77 7,23 22,61 29,85 Quarter 6 367,76 6,84 23,01 29,85 Quarter 7 344,35 6,44 23,41 29,85 Quarter 8 320,53 6,03 23,82 29,85 Quarter 9 296,29 5,61 24,24 29,85 Quarter 10 271,63 5,19 24,66 29,85 Quarter 11 246,54 4,75 25,09 29,85 Quarter 12 221,01 4,31 25,53 29,85 Quarter 13 195,03 3,87 25,98 29,85 Quarter 14 168,60 3,41 26,43 29,85 Quarter 15 141,70 2,95 26,90 29,85 Quarter 16 114,34 2,48 27,37 29,85 Quarter 17 86,49 2,00 27,84 29,85 Quarter 18 58,16 1,51 28,33 29,85 Quarter 19 29,33 1,02 28,83 29,85 Quarter 20 0,00 0,51 29,33 29,85

C

çç Financial Plan༅

1.Forecasted Balance Sheet ASSETS Fixed assets Formation expenses Fixed intangible assets Fixed tangible assets Land and constructions Installations, machines and tools Furnishings and vehicles Lease finance and similar rights Other fixed tangible assets

Fixed assets being prepared and for which down payments have been paid

Financial fixed assets

Current assets

Receivables of more than one year Trade receivables Other receivables Stock and orders being executed Stock Orders being executed Receivables at one year maximum Trade receivables Other receivables

Investment of cash

Cash equivalents Equalisation accounts

TOTAL ASSETS

2015 145 211 0 0 137 911 0 490 0 0 137 421

0

7 300

2016 145 211 0 0 137 911 0 490 0 0 137 421

0

7 300

2017 145 211 0 0 137 911 0 490 0 0 137 421

0

7 300

1 712 885 3 165 305 7 642 394

623 601 150 049 473 552 6 312 6 312 0 0 0 0

623 601 150 049 473 552 6 312 6 312 0 0 0 0

623 601 150 049 473 552 6 312 6 312 0 0 0 0

985 405 2 437 825 6 914 914

95 267 2 300

95 267 2 300

95 267 2 300

1 858 096 3 310 516 7 787 605

2018 145 211 0 0 137 911 0 490 0 0 137 421

0

7 300 16 071 400 623 601 150 049 473 552 6 312 6 312 0 0 0 0 15 343 920 95 267 2 300 16 216 611

2019 145 211 0 0 137 911 0 490 0 0 137 421

0

7 300 31 584 460 623 601 150 049 473 552 6 312 6 312 0 0 0 0 30 856 980 95 267 2 300 31 729 671

LIABILITIES Equity Subscribed capital Subscribed capital Non-called-up capital Issue premiums Added value of reevaluation Reserves Legally mandated reserve Inaccessible reserves For own shares Other costs Tax-free reserves Available reserves Deferred profit (loss) Capital grants Advance to associates on distribution of net assets Provisions and deferred taxes Provisions for risks and expenses Deferred taxes Debts Debts of more than one year Financial debts Establishment of credits, debts of lease finance and similar Other borrowings Trade debts Advances received on orders Other debts Debts of one year maximum Debts of more than one year maturing during the year Financial debts Establishment of credits Other borrowings Trade debts Suppliers Notes payable Advances received on orders Tax, wage and social debts Other debts Equalisation accounts TOTAL LIABILITIES

2015 1 165 848 60 467 60 467 1 373 419 24 429 24 429 0 0 0 0 0 -292 467 0

0

0 0 0 692 247 417 720 83 495

83 495

0 334 225 0 0 274 527

0

17 238 17 238 0 0 0 0 0 246 237 11 052 0 1 858 095

2016 2 635 506 60 467 60 467 1 373 419 0 24 429 24 429 0 0 0 0 0 1 177 191 0

0

0 0 0 675 009 399 243 65 018

65 018

0 334 225 0 0 275 766

0

18 477 18 477 0 0 0 0 0 246 237 11 052 0 3 310 515

2017 7 131 072 60 467 60 467 1 373 419 0 24 429 24 429 0 0 0 0 0 5 672 757 0

0

0 0 0 656 532 379 439 45 214

45 214

0 334 225 0 0 277 093

0

19 804 19 804 0 0 0 0 0 246 237 11 052 0 7 787 604

2018 15 579 883 60 467 60 467 1 373 419 0 24 429 24 429 0 0 0 0 0 14 121 568 0

0

0 0 0 636 728 358 211 23 986

23 986

0 334 225 0 0 278 517

0

21 228 21 228 0 0 0 0 0 246 237 11 052 0 16 216 610

2019 31 114 170 60 467 60 467 1 373 419 0 24 429 24 429 0 0 0 0 0 29 655 855 0

0

0 0 0 615 500 335 458 1 233

1 233

0 334 225 0 0 280 042

0

22 753 22 753 0 0 0 0 0 246 237 11 052 0 31 729 670

2. Forecasted Income statement

INCOME STATEMENT Sales turnover Fixed production Other revenue Operating revenue Supplies, merchandise, services and miscellaneous goods Gross operating margin Remuneration, social charges and pensions Depreciation and reduction in value on formation expenses, fixed tangible and intangible assets Reduction in value of stock, on orders being executed and on trade receivables: allocations (reversals) Provisions for risks and charges: allocations (uses and reversals) Other operating expenses Operating expenses assigned to assets as restructuring costs Operating profit (loss) Financial revenue Financial expenses Profit (Loss) before taxes Exceptional revenue Exceptional expenses Profit (Loss) of the Financial Year before taxes Withholding on deferred taxes Transfer to deferred taxes Income tax Profit (Loss) of the Financial Year Withholding on tax-free reserves Transfer to tax-free reserves Profit (Loss) of the Financial Year

2015 5 882 136 0 0 5 882 136 -805 080

5 077 056 -4 202 871

0

0

0

-3 990 0

870 195 0 0 870 195 0 0 870 195

0 0 0 870 195 0 0 870 195

2016 10 846 416 0 0 10 846 416 -1 234 759

9 611 657 -7 546 041

0

0

0

-931 0

2 064 684 0 -6 519 2 058 165 0 0 2 058 165

0 0 -588 507 1 469 658 0 0 1 469 658

2017 27 795 816 0 0 27 795 816 -2 449 119

25 346 697 -18 597 651

0

0

0

-754 0

6 748 292 0 -5 280 6 743 011 0 0 6 743 011

0 0 -2 247 446 4 495 566 0 0 4 495 566

2018 43 033 056 0 0 43 033 056 -3 068 535

39 964 521 -27 287 421

0

0

0

-565 0

12 676 535 0 -3 953 12 672 583 0 0 12 672 583

0 0 -4 223 772 8 448 811 0 0 8 448 811

2019 62 780 952 0 0 62 780 952 -3 204 820

59 576 132 -36 272 975

0

0

0

-361 0

23 302 795 0 -2 529 23 300 266 0 0 23 300 266

0 0 -7 765 979 15 534 287 0 0 15 534 287