Marketable securities broke down as follows at December 31, 2022:
| (in thousands of euros) | December 31, 2022 | December 31, 2021 |
|---|---|---|
| Excluding liquidity contract: | Excluding liquidity contract: December 31, 2022
|
Excluding liquidity contract: December 31, 2021
|
|
134,352 |
229,151 |
| Held under the liquidity contract: | Held under the liquidity contract: December 31, 2022
|
Held under the liquidity contract: December 31, 2021
|
|
12,354 |
13,942 |
|
3,444 |
3,184 |
| Provisions for impairment: | Provisions for impairment: December 31, 2022
|
Provisions for impairment: December 31, 2021
|
|
- |
- |
|
(2) |
(83) |
| Total marketable securities (net amount) | Total marketable securities (net amount)December 31, 2022 150,148 |
Total marketable securities (net amount)December 31, 2021 246,194 |
The movements for the financial year and position at the reporting date for marketable securities (excluding the liquidity contract) are summarized in the table below:
| (in thousands of euros, except for share data) | Number of shares | Gross book value | Impairment | Net book value |
|---|---|---|---|---|
| Treasury shares held as marketable securities (excluding the liquidity contract) at December 31, 2021 | Treasury shares held as marketable securities (excluding the liquidity contract) at December 31, 2021 Number of shares3,808,400 |
Treasury shares held as marketable securities (excluding the liquidity contract) at December 31, 2021 Gross book value229,151 |
Treasury shares held as marketable securities (excluding the liquidity contract) at December 31, 2021 Impairment- |
Treasury shares held as marketable securities (excluding the liquidity contract) at December 31, 2021 Net book value229,151 |
| Disposals (exercise of options) and delivery of free shares to employees | Disposals (exercise of options) and delivery of free shares to employees Number of shares(1,546,529) |
Disposals (exercise of options) and delivery of free shares to employees Gross book value(94,799) |
Disposals (exercise of options) and delivery of free shares to employees Impairment- |
Disposals (exercise of options) and delivery of free shares to employees Net book value(94,799) |
| Share buyback | Share buyback Number of shares- |
Share buyback Gross book value- |
Share buyback Impairment- |
Share buyback Net book value- |
| Treasury shares held as marketable securities (excluding the liquidity contract) at December 31, 2022 | Treasury shares held as marketable securities (excluding the liquidity contract) at December 31, 2022Number of shares 2,261,871 |
Treasury shares held as marketable securities (excluding the liquidity contract) at December 31, 2022Gross book value 134,352 |
Treasury shares held as marketable securities (excluding the liquidity contract) at December 31, 2022Impairment - |
Treasury shares held as marketable securities (excluding the liquidity contract) at December 31, 2022Net book value 134,352 |
The liquidity contract with Kepler Cheuvreux ended on September 9, 2022. A new contract was signed with EXANE as of September 12, 2022.
At December 31, 2022, 57,924 shares were held under this contract (compared to 53,500 at December 31, 2021).
This line item includes costs linked with the bond issue and the arrangement of the syndicated and other credit lines, for the portion still to be amortized over the remaining period to maturity of the bonds and to expiry of the credit lines.
Deferred expenses at December 31, 2022 were composed of:
| (in thousands of euros) | December 31, 2022 | December 31, 2021 |
|---|---|---|
| Bond issuance costs | Bond issuance costs December 31, 2022635 |
Bond issuance costs December 31, 20211,098 |
| Costs of arranging credit lines | Costs of arranging credit lines December 31, 20221,192 |
Costs of arranging credit lines December 31, 20211,990 |
| Total | TotalDecember 31, 2022 1,827 |
TotalDecember 31, 2021 3,088 |
