There were no acquisitions or disposals during financial year 2020. The balance at December 31, 2020 stands at euro 3,498,498, the same as at December 31 of the previous financial year.
In the 2020 financial year, euro 990,707 were invested in fixtures.
In 2019, this figure amounted to euro 500,984.
At December 31, 2020, long-term equity investments amounted to euro 5,637,897,223. This was unchanged from December 31, 2019. The same applies to provisions for impairment, which stood at euro 98,115,000 at December 31, 2020.
(in thousands of euros) | December 31, 2020 | December 31, 2019 |
Loan to MMS Multi Market Services Ireland | - | 1,433,434 |
Loan to MMS Multi Euro Services | 1,573,634 | 273,634 |
Loan to MMS France Holdings | 30,249 | 30,249 |
Loan to Publicis Groupe Investments BV | - | 221,980 |
Multi Market Services Ireland current account | 466 | 519 |
MMS France Holdings current account | 144,579 | 98,299 |
Interest receivable | 8,241 | 9,059 |
Total | 1,757,169 | 2,067,174 |
The two loans granted to MMS Multi Market Services Ireland as part of the acquisition of Sapient Corporation, for respectively USD 868,500,000 and USD 741,270,000, were repaid early on December 16, 2020. The corresponding cross-currency swaps were unwound on the same date.
A loan of euro 1,300,000,000 was granted to MMS Multi Euro Services.
The loan of euro 491,980,000 granted to Publicis Groupe Investments BV, which had been repaid in the amount of euro 270,000,000 during the 2019 financial year, was repaid in full in December for euro 221,980,000.
This account contained treasury shares held for exchange in external growth operations.
The 23,328 shares included in this item as of December 31, 2019 for a value of euro 1,093,422 were reallocated to marketable securities (see Note 10).
