2020 Annual Financial Report

Chapter 6 : 2020 Consolidated financial statements

Note 14 Investments in associates

Investments accounted for using the equity method amounted to euro 24 million at December 31, 2020 (versus euro 32 million at December 31, 2019).

(in millions of euros)

Value in balance sheet

Amount at January 1, 2019

Amount at January 1, 2019

Value in balance sheet

62

Share of profit of associates

Share of profit of associates

Value in balance sheet

(5)

Dividends paid

Dividends paid

Value in balance sheet

(2)

Impairment loss

Impairment loss

Value in balance sheet

(25)

Effect of translation and other

Effect of translation and other

Value in balance sheet

2

Amount at December 31, 2019

Amount at December 31, 2019

Value in balance sheet

32

Disposals

Disposals

Value in balance sheet

(1)

Share of profit of associates

Share of profit of associates

Value in balance sheet

(2)

Dividends paid

Dividends paid

Value in balance sheet

(2)

Effect of translation and other

Effect of translation and other

Value in balance sheet

(3)

Amount at December 31, 2020

Amount at December 31, 2020

Value in balance sheet

24

At December 31, 2020, the value of investments in associates amounted to euro 24 million and included mainly OnPoint (euro 8 million), Burrell Communications (euro 7 million), Somupi (euro 4 million), AG Partners Mauritius (euro 2 million) and Insight Redefini (euro 1 million).

Note 15 Other financial assets

(in millions of euros)

December 31, 2020

December 31, 2019

Other financial assets at fair value through profit and loss:

Other financial assets at fair value through profit and loss:

December 31, 2020

 

Other financial assets at fair value through profit and loss:

December 31, 2019

 

  • Venture Capital Funds(1)
  • Venture Capital Funds(1)

December 31, 2020

110

  • Venture Capital Funds(1)

December 31, 2019

87

  • Other
  • Other

December 31, 2020

18

  • Other

December 31, 2019

20

Security deposits

Security deposits

December 31, 2020

33

Security deposits

December 31, 2019

33

Loans to associates and non-consolidated companies

Loans to associates and non-consolidated companies

December 31, 2020

34

Loans to associates and non-consolidated companies

December 31, 2019

21

Sub-lease receivables

Sub-lease receivables

December 31, 2020

21

Sub-lease receivables

December 31, 2019

22

Other

Other

December 31, 2020

31

Other

December 31, 2019

50

Gross value

Gross value

December 31, 2020

247

Gross value

December 31, 2019

233

Impairment

Impairment

December 31, 2020

(15)

Impairment

December 31, 2019

(15)

Net amount

Net amount

December 31, 2020

232

Net amount

December 31, 2019

218

(1) These Venture Capital Funds are dedicated to investments in companies that belong to the digital economy.