Annual and transition report of foreign private issuers pursuant to Section 13 or 15(d)

Financial assets

v3.22.1
Financial assets
12 Months Ended
Dec. 31, 2021
Disclosure Of Financial Assets [Abstract]  
Financial assets

21. Financial assets

The following table details the composition of financial assets:

 

 

 

At December 31,

 

 

At December 31,

 

(EUR thousand)

 

2021

 

 

2020

 

Receivables from financing activities

 

 

447

 

 

 

5,956

 

Other non-current financial assets

 

 

887

 

 

 

745

 

Other non-current financial assets

 

 

1,334

 

 

 

6,701

 

 

 

 

 

 

 

 

Fair value of derivatives financial instruments

 

 

49

 

 

 

19

 

Other securities

 

 

27,168

 

 

 

41,524

 

Other current financial assets

 

 

27,217

 

 

 

41,543

 

 

 

 

 

 

 

 

Financial Assets

 

 

28,551

 

 

 

48,244

 

 

Receivables from financing activities assets include financial loan amounting to EUR 447 thousand as at December 31, 2021 in favour of a restricted number of key manager in connection with the stock grant plan. The decrease in receivables from financing activities is mainly due to the reimbursement of the financial loan granted to some of the beneficiaries of the incentive plan 2012-2021, which was early terminated in 2021, and to the reimbursement of the loan granted to the former associate Swissfillon AG.

Other securities include guaranteed investment funds managed by Société Générale SA, which are measured at fair value. The decrease in other securities is due to the redemption of part of the insurance policies in 2021.