FFP_REGISTRATION_DOCUMENT_2017
5
FINANCIAL STATEMENTS
Parent-company financial statements
The presentation of Net Asset Value having changed, private equity funds are now broken down by type, and co-investments are reported separately from private equity funds. The reclassification of gross values at the start of the period is summarised in the table below.
Leverage buyout funds
Expansion funds
Real-estate funds
Other funds
Total
(in thousands euros)
LBO funds
12,155
-
-
- -
12,155 20,591
Emerging-market funds
-
20,003
588
Other funds
305
77
-
80 80
462
TOTAL PRIVATE EQUITY FUNDS
12,460
20,080
588
33,208
11.3 ESTIMATED VALUES OF PORTFOLIO INVESTMENT SECURITIES AND OTHER LONG-TERM INVESTMENTS
Amounts at beginning of period
Amounts at end of period
Carrying amount
Carrying amount
Estimated value
Estimated value
Composition of the portfolio (in thousands euros)
Gross
Net
Gross
Net
Leverage buyout funds
12,460 20,081
12,460 17,449
23,037 29,793
15,022 18,057
15,022 15,367
27,686 25,265
Expansion funds Real-estate funds
588
588
4,235
-
-
3,833
Other funds
80
30
30
69
23
23
Total private equity funds
33,209
30,526
57,095
33,148
30,412
56,807
Co-investments
7,899 7,899
154 154
154 154
- -
- -
- -
Total co-investments
Other
19,543 19,543 60,651
19,507 19,507 50,187
19,683 19,683 76,932
19,536 19,536 52,684
19,536 19,536 49,948
34,357 34,357 91,164
Total other investments
TOTAL PORTFOLIO INVESTMENT SECURITIES
Security deposit
627
627
627
540 274 814
540 274 814
540 281 821
49
49
51
Liquidity agreement (Note 13)
TOTAL OTHER LONG-TERM INVESTMENTS
675
675
677
TOTAL
61,326 50,863 77,609 53,498 50,763 91,985
184
FFP
2017 REGISTRATION DOCUMENT
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