| Schedule of Breakdown for Other Current Financial Assets |
The following table provides a breakdown for other current financial assets (see Note 18 — Fair value measurement for a breakdown of other current financial assets by fair value level). | | | | | | | | | | | | | (€ thousands) | At June 30, 2026 | | At December 31, 2025 | | Securities | 67,843 | | 75,682 | | Guarantee deposits | 3,473 | | 1,492 | | Financial receivables | 268 | | 258 | | Total other current financial assets | 71,584 | | 77,432 |
The following table provides a breakdown for securities. | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | (€ thousands) | At December 31, 2025 | | Investments | | Disposals | | Fair value adjustments | | Realized gains/(losses) | | Exchange rate gains/(losses) | | At June 30, 2026 | | Fair value through profit or loss (FVPL) | | | | | | | | | | | | | | | Private equity | 21,565 | | 11 | | (697) | | 910 | | — | | 367 | | 22,156 | | Hedge funds | 11,370 | | — | | (616) | | 784 | | 62 | | 27 | | 11,627 | | Private debt | 11,720 | | — | | (949) | | 207 | | — | | — | | 10,978 | | Real estate funds | 10,005 | | 1,361 | | (565) | | (87) | | — | | 142 | | 10,856 | | Money market funds | 10,713 | | 14,163 | | (20,487) | | 83 | | 65 | | 673 | | 5,210 | | Equity | 3,262 | | — | | (189) | | 351 | | — | | — | | 3,424 | | Total FVPL | 68,635 | | 15,535 | | (23,503) | | 2,248 | | 127 | | 1,209 | | 64,251 | | | | | | | | | | | | | | | | Fair value through other comprehensive income (FVOCI) | | | | | | | | | | | | | | | Fixed income | 3,896 | | — | | (3,400) | | — | | (6) | | — | | 490 | | Floating income | 3,151 | | — | | — | | (49) | | — | | — | | 3,102 | | Total FVOCI | 7,047 | | — | | (3,400) | | (49) | | (6) | | — | | 3,592 | | | | | | | | | | | | | | | | Total securities | 75,682 | | 15,535 | | (26,903) | | 2,199 | | 121 | | 1,209 | | 67,843 |
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