Annual
report 2020

20. Loans from related party

(in millions of currency) Amount outstanding at (1)
31 December 2020 31 December 2019
Creditor Repayment date Currency PLN Currency PLN
Floating rate
Atlas Services Belgium S.A. (EUR) 20 May 2021 190 876 190 809
Atlas Services Belgium S.A. (PLN) 20 June 2021 2,7 2,7 2,7 2,7
Atlas Services Belgium S.A. (PLN) (2) 25 March 2022 159 159 678 678
Atlas Services Belgium S.A. (PLN) 20 May 2024 1,499 1,499 1,499 1,499
Fixed rate
Atlas Services Belgium S.A. (PLN) 27 March 2023 756 756 756 756
Total loans from related party 5,99 6,442
Current 3,584 11
Non-current 2,406 6,431
(1) Includes accrued interest and arrangement fees.
(2) Revolving credit line.

The weighted average effective interest rate on loans from related party, before and after swaps, amounted respectively to 1.30% and 3.08% as at 31 December 2020 (2.47% and 3.12% as at 31 December 2019).

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