|
|
December 31, 2019 |
|||||
|---|---|---|---|---|---|---|
|
|
|
Maturity |
||||
| (in millions of euros) |
Total
|
-1 year
|
1-5 year
|
+5 year
|
||
|
Commitments given |
Commitments given December 31, 2019
|
|
|
|
||
|
Guarantees(1) |
Guarantees(1) December 31, 2019 215 |
50 |
65 |
100 |
||
|
Total |
Total December 31, 2019 215 |
50 |
65 |
100 |
||
|
Commitments received |
Commitments received December 31, 2019
|
|
|
|
||
|
Undrawn confirmed credit lines |
Undrawn confirmed credit lines December 31, 2019 2,632 |
165 |
2,467 |
- |
||
|
Undrawn unconfirmed credit lines |
Undrawn unconfirmed credit lines December 31, 2019 209 |
209 |
- |
- |
||
|
Other commitments |
Other commitments December 31, 2019 15 |
6 |
8 |
1 |
||
|
Total |
Total December 31, 2019 2,856 |
380 |
2,475 |
1 |
||
(1) At December 31, 2019, guarantees included undertakings to pay euro 43 million into innovation mutual funds by 2027. They also included guarantees of approximately euro 15 million relating to media-buying operations.
|
|
December 31, 2018 |
||||
|---|---|---|---|---|---|
|
|
|
Maturity |
|||
| (in millions of euros) |
Total |
-1 year |
1-5 year |
+5 year |
|
|
Commitments given |
Commitments given December 31, 2018
|
|
|
|
|
|
Guarantees(1) |
Guarantees(1) December 31, 2018 187 |
52 |
25 |
110 |
|
|
Other commitments |
Other commitments December 31, 2018 10 |
10 |
- |
- |
|
|
Total |
Total December 31, 2018 197 |
62 |
25 |
110 |
|
|
Commitments received |
Commitments received December 31, 2018
|
|
|
|
|
|
Undrawn confirmed credit lines |
Undrawn confirmed credit lines December 31, 2018 2,681 |
215 |
2,466 |
- |
|
|
Undrawn unconfirmed credit lines |
Undrawn unconfirmed credit lines December 31, 2018 241 |
241 |
- |
- |
|
|
Other commitments |
Other commitments December 31, 2018 18 |
7 |
8 |
3 |
|
|
Total |
Total December 31, 2018 2,940 |
463 |
2,474 |
3 |
|
At December 31, 2018, guarantees included undertakings to pay euro 61 million into innovation mutual funds by 2027. They also included guarantees of approximately euro 13 million relating to media-buying operations.
The exercise of warrants, which can occur at any time from September 24, 2013 to September 24, 2022, will lead to an increase in the Publicis Groupe’s capital stock. The conversion ratio was adjusted by a factor of 1.068 so as to reflect those distributions drawn from the Company’s reserves and premiums. Following the cancellation of the warrants acquired in previous years or exercised since September 24, 2013, Publicis Groupe was, as of December 31, 2019, committed to issuing (in the event that the 896,829voutstanding stock warrants are exercised) 957,813 shares with a euro 0.40 par value and a euro 30.10 premium.
As of December 31, 2019, there were no significant commitments such as pledges, guarantees or collateral, or any other significant off-balance sheet commitments, in accordance with currently applicable accounting standards.
