tors

the external auditors .......................................................... 21 A.1 (d) Holders of qualifying holdings in the undertaking ........................................................... 21 A.1 (e) Position within the legal structure... engenders liquidity issues for several Belgian promotors and, in some case, incapacity to reimburse loans arrived to maturity. In accordance with BGAAP principles, MAB has booked value reduction on non-performing loans. In some cases, this results in the