The Commission has established, in the light of Table 3 below, that at the time when the agreement of 18 March 1999 amending the agreement of 5 November 1993 was concluded, the undertaking was faced with increasing debts, recurring losses and negative equity capital, which raised doubts concerning the prospects of recovering the loan:
La Commission constate, sur la base du tableau 3 ci-dessous, qu’au moment de l’accord du 18 mars 1999 modifiant l’accord du 5 novembre 1993, l’entreprise faisait face à des dettes croissantes, des pertes récurrentes et des fonds propres négatifs faisant naître un doute sur les perspectives de recouvrement de la créance: