Marketable securities broke down as follows at December 31, 2020:
(in thousands of euros) | December 31, 2020 | December 31, 2019 |
Excluding liquidity contract: | ||
| 137,803 | 207,489 |
Held under the liquidity contract: | ||
| 12,290 | 4,484 |
| 2,828 | 11,635 |
Provisions for impairment: | ||
| - | - |
| (45) | (288) |
Total marketable securities (net amount) | 152,876 | 223,320 |
The movements for the financial year and position at the reporting date for available-for-sale securities (excluding the liquidity contract) are summarized in the table below:
(in thousands of euros, except for share data) | Number of shares | Gross carrying amount | Impairment | Net value in balance sheet |
Treasury shares held as available-for-sale securities (excluding the liquidity contract) | 3,173,656 | 207,489 | - | 207,489 |
Disposals (exercise of options) and delivery of free shares to employees | (1,074,183) | (70,779) | - | (70,779) |
Exercise of options | - | - | - | - |
Reallocation of shares from non-current securities | 23,328 | 1,093 | 1,093 | |
Treasury shares held as available-for-sale securities (excluding the liquidity contract) as at December 31, 2020 | 2,122,801 | 137,803 | - | 137,803 |
In 2020, the liquidity contract with Kepler Cheuvreux was continued.
At December 31, 2020, 68,458 shares were held under this contract (compared to 283,250 at December 31, 2019).
