Financial Risks Management (Tables)

12 Months Ended

Dec. 31, 2020

Summary of Sensitivity of Cash and Cash Equivalents and Expenses to Variation of Ten Percent of the US Dollars Against the Euro

The following table shows the sensitivity of the Group's cash and cash equivalent and expenses in U.S. dollars to a variation of 10% of the U.S. dollar against the euro in 2018, 2019 and 2020:

Sensitivity of the Group's cash and cash equivalents to a variation of +/- 10% of the US dollar against the euro	As of
(in € thousands or in US dollar thousands, as applicable)	2018/12/31		2019/12/31		2020/12/31
Cash and cash equivalents denominated in US dollars		1,188		153,438		111,221
Equivalent in euros, on the basis of the exchange rate described below		1,038		136,582		90,637
Equivalent in euros, in the event of an increase of 10% of US dollar vs euro		1,153		151,758		100,708
Equivalent in euros, in the event of a decrease of 10% of US dollar vs euro		944		124,166		82,398

Sensitivity of the Group's expenses to a variation of +/- 10% of the US dollar against the euro	Year ended
(in € thousands or in US dollar thousands, as applicable)	2018/12/31		2019/12/31		2020/12/31
Expenses denominated in US dollars		9,613		40,355		47,277
Equivalent in euros, on the basis of the exchange rate described below		8,396		35,922		38,528
Equivalent in euros, in the event of an increase of 10% of US dollar vs euro		9,328		39,914		42,808
Equivalent in euros, in the event of a decrease of 10% of US dollar vs euro		7,632		32,657		35,025

2020/12/31 : Equivalent in euros, on the basis of a 1 euro = 1,2271 US dollar ratio
2019/12/31 : Equivalent in euros, on the basis of a 1 euro = 1,12341 US dollar ratio
2018/12/31 : Equivalent in euros, on the basis of a 1 euro = 1,145 US dollar ratio

Summary of Cash, Cash Equivalents and Financial Assets

Cash, cash equivalents and financial assets	As of
(in € thousands or in US dollar thousands, as applicable)	2018/12/31		2019/12/31		2020/12/31
At origin, denominated in EUR
Cash and cash equivalents		206,199		139,863		80,391
Current and non current financial assets		1,303		1,614		1,391
Total		207,502		141,477		81,782
At origin, denominated in USD
Cash and cash equivalents		1,041		136,884		90,637
Current and non current financial assets		10		113		67
Total		1,051		136,997		90,704
Total, in EUR
Cash and cash equivalents		207,240		276,748		171,029
Current and non current financial assets		1,313		1,727		1,458
Total		208,553		278,474		172,486