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Other Financial Assets
12 Months Ended
Dec. 31, 2019
Disclosure Of Other Financial Assets [Abstract]  
Other Financial Assets

10.

OTHER FINANCIAL ASSETS

Other financial assets consisted of the following:

 

Financial assets - Total

 

As of

 

(in € thousands)

 

2017/12/31

 

 

2018/12/31

 

 

2019/12/31

 

Financial investments

 

 

 

 

 

 

 

 

 

Loans

 

 

219

 

 

 

259

 

 

 

307

 

Loan related security deposit

 

 

 

 

 

 

 

 

 

Deposits and guarantees

 

 

274

 

 

 

284

 

 

 

396

 

Liquidity contract

 

 

267

 

 

 

770

 

 

 

1,023

 

TOTAL

 

 

760

 

 

 

1,313

 

 

 

1,727

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Financial assets - Current

 

As of

 

(in € thousands)

 

2017/12/31

 

 

2018/12/31

 

 

2019/12/31

 

Financial investments

 

 

 

 

 

 

 

 

 

Loans

 

 

 

 

 

 

 

 

 

Loan related security deposit

 

 

0

 

 

 

 

 

 

 

Deposits and guarantees

 

 

31

 

 

 

 

 

 

 

Liquidity contract

 

 

 

 

 

 

 

 

 

TOTAL

 

 

31

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Financial assets - Non current

 

As of

 

(in € thousands)

 

2017/12/31

 

 

2018/12/31

 

 

2019/12/31

 

Financial investments

 

 

 

 

 

 

 

 

 

Loans

 

 

219

 

 

 

259

 

 

 

307

 

Loan related security deposit

 

 

(0

)

 

 

 

 

 

(0

)

Deposits and guarantees

 

 

243

 

 

 

284

 

 

 

396

 

Liquidity contract

 

 

267

 

 

 

770

 

 

 

1,023

 

TOTAL

 

 

729

 

 

 

1,313

 

 

 

1,727

 

 

The liquidity contract consists of a share buyback program contracted to an investment service provider in order to facilitate the listing of the Group's shares.

As of December 31, 2019, the liquidity account had a cash balance of €1,023.

As of December 31, 2018, the liquidity account had a cash balance of €770

 

As of December 31, 2019, CMC-CIC Market Solutions holds on behalf of Genfit 18,132 shares, recorded as a deduction from equity.

As of December 31, 2018, CMC-CIC Market Solutions holds on behalf of Genfit 27,911 shares, recorded as a deduction from equity. During the period, Genfit made an additional contribution of €1.0 million to the liquidity agreement with CMC-CIC Market Solution.