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4 - Loans to group companies

The movement in loans to group companies is as follows:

Amounts in 1,000 euros

2023

2022

Balance as of January 1

26,123

0

New loans

0

26,123

Repayments

-5,015

0

Balance as at December 31

21,108

26,123

Most of the loans granted are of a long-term nature.