Cash position (Tables)

6 Months Ended

Jun. 30, 2020

Cash position

Summary of reconciliation of operational cash burn

	Six months ended June 30,
	2020		2019
	(Euro, in thousands)
Increase/decrease (-) in cash and cash equivalents (excluding effect of exchange differences)	€	523,222	€	(144,740)
Minus:
Net proceeds from capital and share premium increases		(23,268)		(7,805)
Net sale of current financial investments		(730,439)		—
Total operational cash burn		(230,486)	€	(152,545)

Schedule of cash and cash equivalents

	June 30,		December 31,
	2020		2019
	(Euro,in thousands)
Cash at banks	€	1,214,975	€	907,939
Term deposits		1,169,245		953,677
Total cash and cash equivalents	€	2,384,220	€	1,861,616