92 REPORT ON THE CONSOLIDATED FINANCIAL STATEMENTS
Equity loans
On 2015 NH Hotel Group, S.A was authorized by financial entities participating in the syndicated loans described above and in the syndicated loan
granted to the Group Company NH FINANCE, S.A., amounting to 200,000 thousand euros, to formalize an additional debt though an equity loan in
order to improve the financial liquidity of the Group. The outstanding amount of the equity loans at 31 December 2015 amounted to 15,332 thousand
euros.
Mortgages loans
The detail of the mortgage loans and credit lines is as follows (in thousands of euros):
Mortgaged asset
Fixed rate
Variable
Interest
Total
Net value
value
mortgaged
asset
Spain
NH Lagasca
-
6,400
6,400
17,128
NH Príncipe de La Paz
-
1,997
1,997
7,035
Total Spain
-
8,397
8,397
24,163
Mexico
NH Qerétaro
-
2,035
2,035
5,397
NH Santa Fe
-
2,020
2,020
8,348
Total Mexico
-
4,055
4,055
13,745
The Netherlands
NH Groningen
-
1,548
1,548
6,096
NH Rotterdam
-
1,856
1,856
13,795
Total The Netherlands
-
3,404
3,404
19,891
Italy
NH Milanofiori and convention centre
-
4,050
4,050
53,044
NH Bellini
-
278
278
8,368
NH Genova
-
1,798
1,798
24,178
NH Villa San Mauro
-
2,580
2,580
4,043
Total Italy
-
8,706
8,706
89,633
Chile
NH Antofagasta and NH Iquique
8,385
-
8,385
15,874
NH Collection Plaza de Santiago
7,607
-
7,607
16,653
Total Chile
15,992
-
15,992
32,527
Switzerland
NH Fribourg
4,892
-
4,892
11,700
Total Switzerland
4,892
-
4,892
11,700
Total
20,884
24,562
45,445
191,660
The mortgage loans in Chile for a total of 15,992 thousand euros corresponds to Hoteles Royal, S.A. (see Note 2.5.4). The decrease in mortgage
loan and credit balances at 31 December 2015 compared with the figure reported at 31 December 2014 (116,685 thousand euros) is largely due to
refinancing through syndicated loans made in 2015.
Assets granted as mortgage security against the syndicated loan of 200,000 thousand euros and guaranteed senior notes of 250,000 thousand
euros, can be broken down as follows (Thousands of euros):
