FINANCIAL STATEMENTS 3Corporate financial statements as of December 31, 2017 3.2.2 Loans to subsidiaries and related companies In €k 12/31/2017 12/31/2016 Advances on equity securities 5,110,878 5,745,482 Accrued Interest on advances 114,466 95,416 Share of net income 114,473 110,975 Impairment of receivables from equity investments -76,423 - TOTAL 5,263,394 5,951,873 Changes to the “Advances on equity securities” item are mainly due to: 3.3 Other fixed assets > increase in advances for the following companies: — Nueva Condo Murcia for €45.7 million, 3.3.1 Other Loans — Klépierre Vastgoed Ontwikkeling B.V. for €42.1 million, Loan corresponds to the equity loan in favor of Klépierre Plenilunio acquired with the purchase of Orion Columba Socimi shares on — Klépierre CZSRO for €26 million, March 26, 2015: €24.4 million reaching maturity on May 1, 2018. — Cécoville for €20 million; The interest accrued on this loan amounted to €3.7 million at > decrease of the following advances: December 31, 2017. — Corio Italia for €305.1 million, 3.3.2 Other long-term financial assets — Reluxco International SA for €89 million, In €k 12/31/2017 12/31/2016 — Les Portes de Chevreuse for €65.4 million, — Corio Real Estate for €22.7 million, Treasury shares 368,433 18,348 TOTAL 368,433 18,348 — Bassin Nord for €21 million, — Storm Holding Norway for of €17.9 million, The Company’s treasury shares, acquired to be transferred to the — Capucine BV for €13.7 million, vendor as part of an external growth transaction, totaled €18.3 million. — Klépierre Plenilunio SOCIMI SA for €10.5 million, The buyback of shares for cancellation amounted to €350 million at December 31, 2017. — Pasteur SCI for €8.7 million; > transfer of several shareholder current accounts and cash pooling 3.4 Trade and other receivables balances to advances for €264.38 million of which: Receivables amounted to €29.2 million, of which 6.5 million were trade — Klépierre Duisburg II GmbH for €70.7 million, receivables and €22.7 million miscellaneous receivables. Most trade — Unter Goldschmied Köln for €69.4 million, receivables have a term to maturity of less than one year. — Projekt Arnekenstrasse GmbH for €48.2 million, The breakdown of other receivables is presented as follows: — Klépierre Hildesheim Holding GmbH for €16.4 million, In €k 12/31/2017 12/31/2016 — Klépierre Dresden Leasing GmbH for €15 million, Tax receivables 18,931 18,025 — Klépierre Berlin Leasing GmbH for €13.6 million; > VAT 1,190 6,103 > Other taxes and duties 17,741 11,922 > the cancellation of the advance following the merger in Klépierre Other receivables 3,715 89,216 SA of Corio SAS for €428.3 million; > Currents accounts - 88,637 > an in-kind contribution of €317.6 million from the advances of > Other 3,715 579 Storm Holding Norway to Klépierre Nordica; TOTAL 22,646 107,241 > advances on equity securities recorded following the merger with Corio SAS and related to Les Portes de Chevreuse for €82 million, Tax receivables relate mainly to a refund of €16.3 million relating to Klépierre Alpes SAS for €78 million, Sagep SAS for €50 million, the 3% tax on dividends and to CICE research credits for 2014, 2015, Klépierre Grand Littoral for €36.7 million. 2016 and 2017 unused for an amount of €1.3 million. The item Impairment of receivables from equity investments Other receivables mainly correspond to works remaining to be corresponds mainly to provisions for Klépierre Grand Littoral for charged back to tenants for the renovation of Centre Jaude. €36.5 million, Les Portes de Chevreuse for €16.9 million and Klépierre Deutschland for €10.2 million. 146 KLÉPIERRE 2017 REGISTRATION DOCUMENT