Marketable securities broke down as follows at December 31, 2024 :
| (in thousands of euros) | December 31, 2024 | December 31, 2023 |
|---|---|---|
| Excluding liquidity contract: | Excluding liquidity contract:December 31, 2024
|
|
|
Treasury shares |
Treasury shares December 31, 2024294,981 |
Treasury shares December 31, 2023262,899 |
| Held under the liquidity contract: | Held under the liquidity contract: December 31, 2024
|
|
|
Money UCITS funds (SICAV) |
Money UCITS funds (SICAV) December 31, 202414,361 |
Money UCITS funds (SICAV) December 31, 202315,469 |
|
Treasury shares |
Treasury shares December 31, 20244,970 |
Treasury shares December 31, 20231,791 |
| Provisions for impairment: | Provisions for impairment: December 31, 2024
|
|
|
Excluding liquidity contract |
Excluding liquidity contract December 31, 2024— |
Excluding liquidity contract December 31, 2023— |
|
Held under the liquidity contract |
Held under the liquidity contract December 31, 2024(26) |
Held under the liquidity contract December 31, 2023— |
| Total marketable securities (net amount) | Total marketable securities (net amount) December 31, 2024314,286 |
Total marketable securities (net amount) December 31, 2023280,159 |
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, 2023 | Treasury shares held as marketable securities (excluding the liquidity contract) at December 31, 2023 Number of shares 3,716,038 |
Treasury shares held as marketable securities (excluding the liquidity contract) at December 31, 2023 Gross book value 262,899 |
Treasury shares held as marketable securities (excluding the liquidity contract) at December 31, 2023 Impairment — |
Treasury shares held as marketable securities (excluding the liquidity contract) at December 31, 2023 Net book value 262,899 |
| 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 (1,673,636) |
Disposals (exercise of options) and delivery of free shares to employees Gross book value (113,423) |
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 (113,423) |
| Share buyback | Share buyback Number of shares 1,481,711 |
Share buyback Gross book value 145,504 |
Share buyback Impairment — |
Share buyback Net book value 145,504 |
| Treasury shares held as marketable securities (excluding the liquidity contract) at December 31, 2024 | Treasury shares held as marketable securities (excluding the liquidity contract) at December 31, 2024 Number of shares 3,524,113 |
Treasury shares held as marketable securities (excluding the liquidity contract) at December 31, 2024 Gross book value 294,981 |
Treasury shares held as marketable securities (excluding the liquidity contract) at December 31, 2024 Impairment — |
Treasury shares held as marketable securities (excluding the liquidity contract) at December 31, 2024 Net book value 294,981 |
As of December 31, 2024, 48,000 shares were held under the liquidity contract (versus 21,329 at December 31, 2023).
This line item includes bond issuance costs and the arrangement of the syndicated and other credit lines, for the portion still to be amortized over the remaining life of the bonds and credit lines. Deferred expenses as of December 31, 2024 were composed of:
| (in thousands of euros) | December 31, 2024 | December 31, 2023 |
|---|---|---|
| Bond issuance costs | Bond issuance costs December 31, 2024— |
Bond issuance costs December 31, 2023209 |
| Costs of arranging credit lines | Costs of arranging credit lines December 31, 20244,274 |
Costs of arranging credit lines December 31, 2023394 |
| Total | Total December 31, 20244,274 |
Total December 31, 2023603 |
