Investor Presentaiton
APPENDICES - Q1 2022 RESULTS.
-
SOLID AND AGILE TO MANAGE NEW STAKES
ICADE, A STRONG CREDIT PROFILE
1
SOLID LONG-TERM SHAREHOLDER STRUCTURE
39.2% by CDC rated
Aa2/AA/AA
19.1% by Crédit Agricole
Assurances rated A-
Caisse
des Dépôts
GROUPE
CRÉDIT AGRICOLE
ASSURANCES
3
BALANCED DEBT PROFILE
Diversified funding structure
Mortgages and real
estate finance leases
903 (11.8%)
Other
220 (2.9%)
Manageable maturity profile
Excluding New CP / Including new bond issued in January
2022 and make-whole call exercised in March 2022
Unsecured
loans
1,016 (13.3%)
Mortgages not granted
by financial intermediaries
225 (3.0%)
NEU Commercial Paper
834 (10.9%)
(1) Including €440m relating to the debt of Tour Egho
Data as of 31/12/2021
Bonds
4,429
(58.1%)
35
2022
2023
2024
37
173
305
2025
2026
2027
317
618
148 1 235 114
17
555
2028
Icade SA Icade Santé
2029
605 604 513
18
504 604
23
30
262
2030
2031
2032
2033+
2
ICADE
STRONG LIQUIDITY POLICY
• RCFs : €2.0bn
⚫ Cash Holdings: €0.8bn
4
RCFs remained undrawn (even at the peak of
the crisis)
Liquidity covering nearly 5 years of principal
and interest payments
CONSERVATIVE HEDGING POLICY
>97%
At end of 2021
>85%
Over the
next 3 years
ODDO SUSTAINABILITY FORUM INVESTOR PRESENTATION
42
JUNE 2022View entire presentation