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Financial Revenue and Expenses
6 Months Ended
Jun. 30, 2019
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Financial Revenue and Expenses

Note 13: Financial revenue and expenses

The following table reflects financial revenue and expenses:

 

     Six months ended June 30  
(thousands of euros)    2019      2018  

Financial revenues

     491        1,813  

Financial expenses

     (966      (360
  

 

 

    

 

 

 

Total

     (475      1,452  
  

 

 

    

 

 

 

The financial income is primarily composed of unrealized exchange effect of U.S.-dollar-denominated intercompany advances and capital gains on the disposal of investment securities.

Financial expenses primarily include financial interest related to lease obligations recognized in the balance sheet as part of the implementation of IFRS 16, foreign exchange losses and expenses related to the accretion of repayable advances.