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Maroc Leasing
On this page
Company details
- Legal name
- MAROC LEASING S.A.
- Listing
- MLE on the Bourse de Casablanca, active · ISIN MA0000010035 (observed 2026-10-08)
- Sector
- Not classified (our classification from the stated principal activity)
- Financial year ends
- 31 December
Overview
Year ended 31 December 2025 · annual report, signed / final · source
-
5.Produits sur immobilisations en crédit-bail et en location
MAD 4.41 billion
4,411,159 MAD thousands · p40
+7.7% vs 2024
Printed '5.Produits sur immobilisations en crédit-bail et en location' (p40), the leasing company's main income line.
-
III.PRODUIT NET BANCAIRE
MAD 387 million
387,199 MAD thousands · p40
+2.1% vs 2024
Printed 'III.PRODUIT NET BANCAIRE' (p40).
-
VII.RESULTAT COURANT
MAD 204 million
203,732 MAD thousands · p40
+11.1% vs 2024
Printed 'VII.RESULTAT COURANT' (p40), before non-current items and tax.
-
Profit / (loss) for the year
MAD 107 million
107,295 MAD thousands · p40
+1.9% vs 2024
Printed 'IX.RESULTAT NET DE L'EXERCICE' (p40).
-
Total assets
MAD 14.3 billion
14,298,867 MAD thousands · p37
+7.8% vs 2024
Printed 'Total de l'Actif' (p37).
-
Cash from operations
MAD 45.9 million
45,948 MAD thousands · p43
−18.5% vs 2024
Printed 'III.FLUX DE TRESORERIE NETS PROVENANT DES ACTIVITES D'EXPLOITATION (I + II)' (p43, label wraps over two text lines).
Large amounts are rounded for reading (MAD million / billion / trillion); exact figures as printed are under each amount and in the tables. No currency conversion.
Financial statements
Exact figures as printed. Each column comes from one filing; labels are as printed in the newest filing. Amounts in MAD thousands unless the row says otherwise; brackets are negative.
† from a supplementary filing for the same year · ‡ signed audited statements preferred over a disputed figure · “–” is a printed dash, explained below the table
Column sources
- FY2025 — annual report, signed / final; reported for the year · source
- FY2024 — annual report, signed / final; comparative in the FY2025 filing · source
Income statement
| Line (as printed) | FY2025Annual reportreported for the year | FY2024Annual reportcomparative in FY2025 filing |
|---|---|---|
| I.PRODUITS D'EXPLOITATION BANCAIRE1 | 4,412,744 | 4,096,724 |
| 1.Intérêts et produits assimilés sur opérations avec les établissements de crédit2 | 925 | 466 |
| 2.Intérêts et produits assimilés sur opérations avec la clientèle3 | 660 | 50 |
| 4.Produits sur titres de propriété4 | –5 | –5 |
| 5.Produits sur immobilisations en crédit-bail et en location6 | 4,411,159 | 4,096,208 |
| 6.Commissions sur prestations de service | –5 | –5 |
| 7.Autres produits bancaires7 | –5 | –5 |
| II.CHARGES D'EXPLOITATION BANCAIRE8 | 4,025,545 | 3,717,537 |
| 8.Intérêts et charges assimilées sur opérations avec les établissements de crédit9 | 426,821 | 387,741 |
| 9.Intérêts et charges assimilées sur opérations avec la clientèle10 | 3,183 | 2,218 |
| 10.Intérêts et charges assimilées sur titres de créance émis11 | 30,167 | 35,373 |
| 11.Charges sur immobilisations en crédit-bail et en location12 | 3,564,850 | 3,291,677 |
| 12.Autres charges bancaires13 | 524 | 528 |
| III.PRODUIT NET BANCAIRE14 | 387,199 | 379,187 |
| 13.Produits d'exploitation non bancaire15 | 1,199 | 1,679 |
| 14.Charges d'exploitation non bancaire16 | –17 | –17 |
| IV.CHARGES GENERALES D'EXPLOITATION18 | 102,651 | 100,240 |
| 15.Charges de personnel | 58,739 | 56,030 |
| 16.Impôts et taxes19 | 764 | 720 |
| 17.Charges externes20 | 31,721 | 31,197 |
| 18.Autres charges générales d'exploitation21 | 1,306 | 1,338 |
| 19.Dotations aux amortissements et aux provisions des immobilisations incorporelles et corporelles22 | 10,121 | 10,955 |
| V.DOTATIONS AUX PROVISIONS ET PERTES SUR CREANCES IRRECOUVRABLES23 | 205,126 | 238,478 |
| 20.Dotations aux provisions pour créances et engagements par signature en souffrance24 | 112,778 | 149,133 |
| 21.Pertes sur créances irrécouvrables25 | 35,977 | 37,880 |
| 22.Autres dotations aux provisions26 | 56,371 | 51,465 |
| VI.REPRISES DE PROVISIONS ET RECUPERATIONS SUR CREANCES AMORTIES27 | 123,111 | 141,237 |
| 23.Reprises de provisions pour créances et engagements par signature en souffrance28 | 81,006 | 94,532 |
| 24.Récupérations sur créances amorties29 | –30 | –30 |
| 25.Autres reprises de provisions31 | 42,105 | 46,705 |
| VII.RESULTAT COURANT32 | 203,732 | 183,385 |
| 26.Produits non courants33 | 2,955 | 3,006 |
| 27. Charges non courantes34 | (14,406) | (11,420) |
| VIII.RESULTAT AVANT IMPOTS SUR LES RESULTATS | 192,281 | 174,971 |
| 28.Impôts sur les résultats | (84,986) | (69,667) |
| IX.RESULTAT NET DE L'EXERCICE | 107,295 | 105,304 |
- Printed “-”, read as nil: subtotal_arithmetic: is.native.co_7eqwz91ckhxy.operating_income_total.
- Printed “-”; reading unresolved, so no amount is shown. Printed dash in both years; no printed subtotal contains this line alone (it enters the current result, VII).
- Printed “-”, read as nil: subtotal_arithmetic: is.native.co_7eqwz91ckhxy.reversals_total.
Notes and alternative reported figures (31)
- “I.PRODUITS D'EXPLOITATION BANCAIRE” is an issuer-specific line, not mapped to a shared definition: Printed total of banking operating income (I).
- “1.Intérêts et produits assimilés sur opérations avec les établissements de crédit” is an issuer-specific line, not mapped to a shared definition: Interest income from credit institutions.
- “2.Intérêts et produits assimilés sur opérations avec la clientèle” is an issuer-specific line, not mapped to a shared definition: Interest income on customer operations.
- “4.Produits sur titres de propriété” is an issuer-specific line, not mapped to a shared definition: Dividend income on equity securities.
- “5.Produits sur immobilisations en crédit-bail et en location” is an issuer-specific line, not mapped to a shared definition: Income on assets leased out (rentals).
- “7.Autres produits bancaires” is an issuer-specific line, not mapped to a shared definition: Other banking income.
- “II.CHARGES D'EXPLOITATION BANCAIRE” is an issuer-specific line, not mapped to a shared definition: Printed total of banking operating charges (II).
- “8.Intérêts et charges assimilées sur opérations avec les établissements de crédit” is an issuer-specific line, not mapped to a shared definition: Interest expense to credit institutions.
- “9.Intérêts et charges assimilées sur opérations avec la clientèle” is an issuer-specific line, not mapped to a shared definition: Interest expense on customer operations.
- “10.Intérêts et charges assimilées sur titres de créance émis” is an issuer-specific line, not mapped to a shared definition: Interest expense on debt securities issued.
- “11.Charges sur immobilisations en crédit-bail et en location” is an issuer-specific line, not mapped to a shared definition: Charges on assets leased out (including depreciation of leased assets).
- “12.Autres charges bancaires” is an issuer-specific line, not mapped to a shared definition: Other banking charges.
- “III.PRODUIT NET BANCAIRE” is an issuer-specific line, not mapped to a shared definition: Printed: operating income (I) less operating charges (II).
- “13.Produits d'exploitation non bancaire” is an issuer-specific line, not mapped to a shared definition: Non-banking operating income.
- “14.Charges d'exploitation non bancaire” is an issuer-specific line, not mapped to a shared definition: Non-banking operating charges.
- “IV.CHARGES GENERALES D'EXPLOITATION” is an issuer-specific line, not mapped to a shared definition: Printed total of general operating charges (IV).
- “16.Impôts et taxes” is an issuer-specific line, not mapped to a shared definition: Taxes and duties other than income tax.
- “17.Charges externes” is an issuer-specific line, not mapped to a shared definition: External charges.
- “18.Autres charges générales d'exploitation” is an issuer-specific line, not mapped to a shared definition: Other general operating charges.
- “19.Dotations aux amortissements et aux provisions des immobilisations incorporelles et corporelles” is an issuer-specific line, not mapped to a shared definition: Depreciation and provisions on own intangible and tangible fixed assets.
- “V.DOTATIONS AUX PROVISIONS ET PERTES SUR CREANCES IRRECOUVRABLES” is an issuer-specific line, not mapped to a shared definition: Printed total (V).
- “20.Dotations aux provisions pour créances et engagements par signature en souffrance” is an issuer-specific line, not mapped to a shared definition: Provisions for non-performing receivables.
- “21.Pertes sur créances irrécouvrables” is an issuer-specific line, not mapped to a shared definition: Irrecoverable receivables written off.
- “22.Autres dotations aux provisions” is an issuer-specific line, not mapped to a shared definition: Other provision charges.
- “VI.REPRISES DE PROVISIONS ET RECUPERATIONS SUR CREANCES AMORTIES” is an issuer-specific line, not mapped to a shared definition: Printed total (VI).
- “23.Reprises de provisions pour créances et engagements par signature en souffrance” is an issuer-specific line, not mapped to a shared definition: Reversals of provisions for non-performing receivables.
- “24.Récupérations sur créances amorties” is an issuer-specific line, not mapped to a shared definition: Recoveries on receivables written off.
- “25.Autres reprises de provisions” is an issuer-specific line, not mapped to a shared definition: Other provision reversals.
- “VII.RESULTAT COURANT” is an issuer-specific line, not mapped to a shared definition: Printed current result.
- “26.Produits non courants” is an issuer-specific line, not mapped to a shared definition: Non-current income.
- “27. Charges non courantes” is an issuer-specific line, not mapped to a shared definition: Non-current charges.
Balance sheet
| Line (as printed) | FY2025Annual reportreported for the year | FY2024Annual reportcomparative in FY2025 filing |
|---|---|---|
| chéques postaux | –1 | –1 |
| 2.Créances sur les établissements de crédit et assimilés | –1 | –1 |
| 3.Créances sur la clientèle2 | 10,986 | 9,387 |
| 6.Autres actifs | 223,753 | 156,312 |
| 8.Titres de participation et emplois assimilés3 | 16,202 | 16,202 |
| 10.Immobilisations données en crédit-bail et en location4 | 13,906,128 | 12,932,716 |
| 11.Immobilisations incorporelles | 125,416 | 127,646 |
| 12.Immobilisations corporelles | 16,382 | 17,199 |
| Total de l'Actif | 14,298,867 | 13,259,462 |
| 2.Dettes envers les établissements de crédit et assimilés | 11,163,042 | 10,275,587 |
| 3.Dépôts de la clientèle5 | 57,008 | 50,756 |
| 4.Titres de créance émis6 | 708,418 | 709,771 |
| 5.Autres passifs | 936,523 | 871,982 |
| 6.Provisions pour risques et charges | 85,854 | 71,817 |
| 7.Provisions réglementées7 | –8 | –8 |
| 9.Dettes subordonnées9 | 120,109 | 120,056 |
| 11.Réserves et primes liées au capital10 | 423,774 | 423,774 |
| 12.Capital | 277,677 | 277,677 |
| 14.Report à nouveau (+/-) | 419,167 | 352,738 |
| 15.Résultats nets en instance d'affectation (+/-)11 | –8 | –8 |
| 16.Résultat net de l'exercice (+/-)12 | 107,295 | 105,304 |
| Total du Passif | 14,298,867 | 13,259,462 |
- Printed “-”, read as nil: subtotal_arithmetic: bs.total_assets.
- Printed “-”, read as nil: subtotal_arithmetic: bs.total_equity_and_liabilities.
Notes and alternative reported figures (10)
- “3.Créances sur la clientèle”: mapping to a shared definition is uncertain. Customer credits other than leasing (consumer, property and other credits); leased assets are printed separately (line 10).
- “8.Titres de participation et emplois assimilés” is an issuer-specific line, not mapped to a shared definition: Equity participations (PCEC line 8).
- “10.Immobilisations données en crédit-bail et en location” is an issuer-specific line, not mapped to a shared definition: Assets leased out under finance leases and rentals, net (PCEC line 10; the company's main asset).
- “3.Dépôts de la clientèle”: mapping to a shared definition is uncertain. Customer credit balances (comptes à vue créditeurs and autres comptes créditeurs); a leasing company takes no deposits.
- “4.Titres de créance émis” is an issuer-specific line, not mapped to a shared definition: Debt securities issued (bonds).
- “7.Provisions réglementées” is an issuer-specific line, not mapped to a shared definition: Regulated provisions.
- “9.Dettes subordonnées” is an issuer-specific line, not mapped to a shared definition: Subordinated debt.
- “11.Réserves et primes liées au capital” is an issuer-specific line, not mapped to a shared definition: Reserves and share premiums.
- “15.Résultats nets en instance d'affectation (+/-)” is an issuer-specific line, not mapped to a shared definition: Results awaiting allocation.
- “16.Résultat net de l'exercice (+/-)” is an issuer-specific line, not mapped to a shared definition: The year's net result shown within the liabilities side.
Cash flow
| Line (as printed) | FY2025Annual reportreported for the year | FY2024Annual reportcomparative in FY2025 filing |
|---|---|---|
| 1.Produits d'exploitation bancaire perçus1 | 4,740,002 | 4,290,429 |
| 3.Produits d'exploitation non bancaire perçus2 | 4,154 | 4,685 |
| 4.Charges d'exploitation bancaire versées3 | (460,695) | (425,860) |
| 5.Charges d'exploitation non bancaire versées4 | (14,406) | (11,420) |
| 6.Charges générales d'exploitation versées5 | (92,530) | (89,285) |
| 7.Impôts sur les résultats versés | (71,024) | (76,934) |
| I.Flux de trésorerie nets provenant du compte de produits et charges6 | 4,105,501 | 3,691,615 |
| 8.Créances sur les établissements de crédit et assimilés7 | –8 | –8 |
| 9.Créances sur la clientèle9 | (1,599)10 | 122 |
| 10.Titres de transaction et de placement11 | –8 | –8 |
| 11.Autres actifs12 | (67,441)13 | 1,954 |
| 12.Immobilisations données en crédit-bail et en location14 | (4,947,408)15 | (3,829,906)16 |
| 13.Dettes envers les établissements de crédit et assimilés17 | 887,455 | 312,172 |
| 14.Dépôts de la clientèle18 | 6,252 | (10,642)19 |
| 15.Titres de créance émis20 | (1,353)21 | (102,499)22 |
| 16.Autres passifs23 | 64,541 | (6,457)24 |
| II.Solde des variations des actifs et passifs d'exploitation25 | (4,059,553)26 | (3,635,256)27 |
| D'EXPLOITATION (I + II) | 45,948 | 56,359 |
| 18.Produit des cessions d'immobilisations incorporelles et corporelles28 | –29 | –29 |
| 20.Acquisition d'immobilisations incorporelles et corporelles30 | (7,074) | (17,485) |
| IV.FLUX DE TRESORERIE NETS PROVENANT DES ACTIVITES D'INVESTISSEMENT | (7,074)31 | (17,485)32 |
| 28.Dividendes versés | (38,874) | (38,874) |
| V.FLUX DE TRESORERIE NETS PROVENANT DES ACTIVITES DE FINANCEMENT | (38,874)33 | (38,874)33 |
| VI.VARIATION NETTE DE LA TRESORERIE (III+ IV +V) | –34 | –34 |
| VII.TRESORERIE A L'OUVERTURE DE L'EXERCICE | –35 | –35 |
| VIII.TRESORERIE A LA CLOTURE DE L'EXERCICE | –35 | –35 |
- Printed “-”, read as nil: subtotal_arithmetic: cf.native.co_7eqwz91ckhxy.change_operating_assets_liabilities.
- Printed “- 1.599”; read as -1599. p43: Printed with the minus sign set apart from the figure ('- 1.599'); read as one negative amount with the same digits, as the printed subtotals and the page image (p43) confirm.
- Printed “- 67.441”; read as -67441. p43: Printed with the minus sign set apart from the figure ('- 67.441'); read as one negative amount with the same digits, as the printed subtotals and the page image (p43) confirm.
- Printed “- 4.947.408”; read as -4947408. p43: Printed with the minus sign set apart from the figure ('- 4.947.408'); read as one negative amount with the same digits, as the printed subtotals and the page image (p43) confirm.
- Printed “- 3.829.906”; read as -3829906. p43: Printed with the minus sign set apart from the figure ('- 3.829.906'); read as one negative amount with the same digits, as the printed subtotals and the page image (p43) confirm.
- Printed “- 10.642”; read as -10642. p43: Printed with the minus sign set apart from the figure ('- 10.642'); read as one negative amount with the same digits, as the printed subtotals and the page image (p43) confirm.
- Printed “- 1.353”; read as -1353. p43: Printed with the minus sign set apart from the figure ('- 1.353'); read as one negative amount with the same digits, as the printed subtotals and the page image (p43) confirm.
- Printed “- 102.499”; read as -102499. p43: Printed with the minus sign set apart from the figure ('- 102.499'); read as one negative amount with the same digits, as the printed subtotals and the page image (p43) confirm.
- Printed “- 6.457”; read as -6457. p43: Printed with the minus sign set apart from the figure ('- 6.457'); read as one negative amount with the same digits, as the printed subtotals and the page image (p43) confirm.
- Printed “- 4.059.553”; read as -4059553. p43: Printed with the minus sign set apart from the figure ('- 4.059.553'); read as one negative amount with the same digits, as the printed subtotals and the page image (p43) confirm.
- Printed “- 3.635.256”; read as -3635256. p43: Printed with the minus sign set apart from the figure ('- 3.635.256'); read as one negative amount with the same digits, as the printed subtotals and the page image (p43) confirm.
- Printed “-”, read as nil: subtotal_arithmetic: cf.cash_from_investing.
- Printed “- 7.074”; read as -7074. p43: Printed with the minus sign set apart from the figure ('- 7.074'); read as one negative amount with the same digits, as the printed subtotals and the page image (p43) confirm.
- Printed “- 17.485”; read as -17485. p43: Printed with the minus sign set apart from the figure ('- 17.485'); read as one negative amount with the same digits, as the printed subtotals and the page image (p43) confirm.
- Printed “- 38.874”; read as -38874. p43: Printed with the minus sign set apart from the figure ('- 38.874'); read as one negative amount with the same digits, as the printed subtotals and the page image (p43) confirm.
- Printed “-”; reading unresolved, so no amount is shown. Printed dash in both years; III + IV + V printed (45.948 - 7.074 - 38.874; 56.359 - 17.485 - 38.874) sum to nil.
- Printed “-”; reading unresolved, so no amount is shown. Printed dash in both years; bilan line 1 (Valeurs en caisse, Banques centrales ...) also prints dashes (p37).
Notes and alternative reported figures (18)
- “1.Produits d'exploitation bancaire perçus” is an issuer-specific line, not mapped to a shared definition: Cash flow line 1.
- “3.Produits d'exploitation non bancaire perçus” is an issuer-specific line, not mapped to a shared definition: Cash flow line 3.
- “4.Charges d'exploitation bancaire versées” is an issuer-specific line, not mapped to a shared definition: Cash flow line 4.
- “5.Charges d'exploitation non bancaire versées” is an issuer-specific line, not mapped to a shared definition: Cash flow line 5.
- “6.Charges générales d'exploitation versées” is an issuer-specific line, not mapped to a shared definition: Cash flow line 6.
- “I.Flux de trésorerie nets provenant du compte de produits et charges” is an issuer-specific line, not mapped to a shared definition: Printed subtotal (I).
- “8.Créances sur les établissements de crédit et assimilés” is an issuer-specific line, not mapped to a shared definition: Line 8.
- “9.Créances sur la clientèle” is an issuer-specific line, not mapped to a shared definition: Line 9.
- “10.Titres de transaction et de placement” is an issuer-specific line, not mapped to a shared definition: Line 10.
- “11.Autres actifs” is an issuer-specific line, not mapped to a shared definition: Line 11.
- “12.Immobilisations données en crédit-bail et en location” is an issuer-specific line, not mapped to a shared definition: Line 12.
- “13.Dettes envers les établissements de crédit et assimilés” is an issuer-specific line, not mapped to a shared definition: Line 13.
- “14.Dépôts de la clientèle” is an issuer-specific line, not mapped to a shared definition: Line 14.
- “15.Titres de créance émis” is an issuer-specific line, not mapped to a shared definition: Line 15.
- “16.Autres passifs” is an issuer-specific line, not mapped to a shared definition: Line 16.
- “II.Solde des variations des actifs et passifs d'exploitation” is an issuer-specific line, not mapped to a shared definition: Printed subtotal (II).
- “18.Produit des cessions d'immobilisations incorporelles et corporelles” is an issuer-specific line, not mapped to a shared definition: Investing line 18.
- “20.Acquisition d'immobilisations incorporelles et corporelles”: mapping to a shared definition is uncertain. Acquisitions of intangible and tangible own fixed assets, one line.
Segments
Segment data not yet collected for this company in the pilot.
Dividends
Proposed or recommended, declared and paid are different events and are kept apart. A statement that no dividend was proposed does not mean none was paid.
| Year ended | Event | Wording as printed | Amount | Unit | Source |
|---|---|---|---|---|---|
| 31 Dec 2025 | Dividends paid (cash flow statement) | 28.Dividendes versés |
(38,874) | MAD thousands | Annual report, p43 |
| 31 Dec 2024 | Dividends paid (cash flow statement) | 28.Dividendes versés |
(38,874) | MAD thousands | Annual report, p43 |
Sources
Each filing used on this page, newest period first. Dates are the document's own; the date we retrieved a file is shown separately and is never a publication date.
-
Maroc Leasing — Rapport Financier Annuel 2025 (Communication financière, situation au 31 décembre 2025)
Year ended 31 December 2025 · Annual report · signed / final
Audit: Forvis Mazars (Taha Firdaous); PwC Maroc (Mohamed Rqibate), unmodified opinion · signed
Auditor's sign-off: Forvis Mazars, Taha Firdaous; PwC Maroc, Mohamed Rqibate
Final status: The commissaires aux comptes' 'Rapport général' on the états de synthèse for the year ended 31 December 2025 (PDF pp15-16, image insert) is unqualified, dated 'Casablanca, le 30 mars 2026' and signed over stamps: Forvis Mazars (Taha Firdaous, Associé) and PwC Maroc (Mohamed Rqibate, Associé) (page image p16). No board approval date for the accounts is printed.
- Document date
- 30 Mar 2026
- Auditor's report
- 30 Mar 2026
- Board approval
- date not found in this document
- Retrieved by us
- 8 Oct 2026 (not a publication date)
- Used for
- statement columns FY2025, FY2024
- Basis
- company statements · MAD thousands (printed “Not printed on the statement pages; the auditors' report states KMAD (p15) and the management report's table 'En KDH' (p14)”)
- Bank-format (PCEC) statements of a leasing company: charges are printed as positive amounts. The statement pages print no unit; the auditors' report states capitaux propres et assimilés of KMAD 1 348 022 and a net profit of KMAD 107 295 (p15), matching the statements in thousands (equity lines plus subordinated debt). Cash in the cash-flow statement is printed as nil (dashes) for both years (p43); bilan line 1 also prints dashes (p37).
- Cash-flow lines 9, 11, 12, 14, 15, 16 and subtotals II, IV and V print negative amounts with the minus sign set apart from the figure (spreadsheet accounting format; page image p43). They are read as printed phrases from the text layer and interpreted as negative amounts; II (- 4.059.553; 2024: - 3.635.256), IV and V agree with the printed lines on that reading.
- Company (social) statements only; the document prints no consolidated statements.
Technical details
- File
- 59 pages, with a text layer
- SHA-256
c2e2497885b96a859ccbcdd7a01dc61be13d0bf7017403f6ff79517dfad09aa5- Entity as printed
- MAROC LEASING S.A., 57, Angle rue Pinel Bd. Abdelmoumen, Casablanca
- Regulator copy
- retrieved 2026-10-08T18:31:09Z
Data notes
- 9.Créances sur la clientèle — Printed '- 1.599'; read as '-1599'. Printed with the minus sign set apart from the figure ('- 1.599'); read as one negative amount with the same digits, as the printed subtotals and the page image (p43) confirm. (Maroc Leasing — Rapport Financier Annuel 2025 (Communication financière, situation au 31 décembre 2025), p43)
- 11.Autres actifs — Printed '- 67.441'; read as '-67441'. Printed with the minus sign set apart from the figure ('- 67.441'); read as one negative amount with the same digits, as the printed subtotals and the page image (p43) confirm. (Maroc Leasing — Rapport Financier Annuel 2025 (Communication financière, situation au 31 décembre 2025), p43)
- 12.Immobilisations données en crédit-bail et en location — Printed '- 4.947.408'; read as '-4947408'. Printed with the minus sign set apart from the figure ('- 4.947.408'); read as one negative amount with the same digits, as the printed subtotals and the page image (p43) confirm. (Maroc Leasing — Rapport Financier Annuel 2025 (Communication financière, situation au 31 décembre 2025), p43)
- 12.Immobilisations données en crédit-bail et en location — Printed '- 3.829.906'; read as '-3829906'. Printed with the minus sign set apart from the figure ('- 3.829.906'); read as one negative amount with the same digits, as the printed subtotals and the page image (p43) confirm. (Maroc Leasing — Rapport Financier Annuel 2025 (Communication financière, situation au 31 décembre 2025), p43)
- 14.Dépôts de la clientèle — Printed '- 10.642'; read as '-10642'. Printed with the minus sign set apart from the figure ('- 10.642'); read as one negative amount with the same digits, as the printed subtotals and the page image (p43) confirm. (Maroc Leasing — Rapport Financier Annuel 2025 (Communication financière, situation au 31 décembre 2025), p43)
- 15.Titres de créance émis — Printed '- 1.353'; read as '-1353'. Printed with the minus sign set apart from the figure ('- 1.353'); read as one negative amount with the same digits, as the printed subtotals and the page image (p43) confirm. (Maroc Leasing — Rapport Financier Annuel 2025 (Communication financière, situation au 31 décembre 2025), p43)
- 15.Titres de créance émis — Printed '- 102.499'; read as '-102499'. Printed with the minus sign set apart from the figure ('- 102.499'); read as one negative amount with the same digits, as the printed subtotals and the page image (p43) confirm. (Maroc Leasing — Rapport Financier Annuel 2025 (Communication financière, situation au 31 décembre 2025), p43)
- 16.Autres passifs — Printed '- 6.457'; read as '-6457'. Printed with the minus sign set apart from the figure ('- 6.457'); read as one negative amount with the same digits, as the printed subtotals and the page image (p43) confirm. (Maroc Leasing — Rapport Financier Annuel 2025 (Communication financière, situation au 31 décembre 2025), p43)
- II.Solde des variations des actifs et passifs d'exploitation — Printed '- 4.059.553'; read as '-4059553'. Printed with the minus sign set apart from the figure ('- 4.059.553'); read as one negative amount with the same digits, as the printed subtotals and the page image (p43) confirm. (Maroc Leasing — Rapport Financier Annuel 2025 (Communication financière, situation au 31 décembre 2025), p43)
- II.Solde des variations des actifs et passifs d'exploitation — Printed '- 3.635.256'; read as '-3635256'. Printed with the minus sign set apart from the figure ('- 3.635.256'); read as one negative amount with the same digits, as the printed subtotals and the page image (p43) confirm. (Maroc Leasing — Rapport Financier Annuel 2025 (Communication financière, situation au 31 décembre 2025), p43)
- IV.FLUX DE TRESORERIE NETS PROVENANT DES ACTIVITES D'INVESTISSEMENT — Printed '- 7.074'; read as '-7074'. Printed with the minus sign set apart from the figure ('- 7.074'); read as one negative amount with the same digits, as the printed subtotals and the page image (p43) confirm. (Maroc Leasing — Rapport Financier Annuel 2025 (Communication financière, situation au 31 décembre 2025), p43)
- IV.FLUX DE TRESORERIE NETS PROVENANT DES ACTIVITES D'INVESTISSEMENT — Printed '- 17.485'; read as '-17485'. Printed with the minus sign set apart from the figure ('- 17.485'); read as one negative amount with the same digits, as the printed subtotals and the page image (p43) confirm. (Maroc Leasing — Rapport Financier Annuel 2025 (Communication financière, situation au 31 décembre 2025), p43)
- V.FLUX DE TRESORERIE NETS PROVENANT DES ACTIVITES DE FINANCEMENT — Printed '- 38.874'; read as '-38874'. Printed with the minus sign set apart from the figure ('- 38.874'); read as one negative amount with the same digits, as the printed subtotals and the page image (p43) confirm. (Maroc Leasing — Rapport Financier Annuel 2025 (Communication financière, situation au 31 décembre 2025), p43)
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