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7112000 4192000 222000 -4035000 -944000 -7832000 -5385000 -218000 -858000 10902000 8008000 -197887000 -124990000 1915000 1776000 699000 798000 149000 -615000 -196820000 -123397000 10187000 7607000 10725000 530000 311000 76358000 233446000 75600000 -19082000 -244482000 3371000 2306000 4782000 9976000 1411000 7670000 -214491000 -360209000 584517000 598106000 14513000 2708000 384539000 240605000 383073000 183153000 1466000 57452000 384539000 240605000 <div style="font-family: Times New Roman; font-size: 10pt; margin-top: 12pt; margin-bottom: 0pt;"><div style="font-family: &quot;Times New Roman&quot;; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;">Note 1—General Information </div></div></div> <div style="font-family: Times New Roman; font-size: 10pt; margin-top: 6pt; margin-bottom: 0pt;"><div style="font-family: &quot;Times New Roman&quot;; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Ascendis Pharma A/S, together with its subsidiaries, is a biopharmaceutical company applying its innovative TransCon technologies to build a leading, fully integrated biopharmaceutical company. Ascendis Pharma A/S was incorporated in 2006 and is headquartered in Hellerup, Denmark. Unless the context otherwise requires, references to the “Company,” “we,” “us” and “our” refer to Ascendis Pharma A/S and its subsidiaries. </div></div> <div style="font-family: Times New Roman; font-size: 10pt; margin-top: 12pt; margin-bottom: 0pt;">The address of the Company’s registered office is Tuborg Boulevard 12, <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">DK-2900,</div> Hellerup, Denmark. </div> <div style="font-family: Times New Roman; font-size: 10pt; margin-top: 12pt; margin-bottom: 0pt;"><div style="font-family: &quot;Times New Roman&quot;; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">On February 2, 2015, the Company completed an initial public offering which resulted in the listing of American Depositary Shares, or ADSs, representing the Company’s ordinary shares, under the symbol “ASND” in the United States on The Nasdaq Global Select Market. </div></div> <div style="font-family: Times New Roman; font-size: 10pt; margin-top: 12pt; margin-bottom: 0pt;"><div style="font-family: &quot;Times New Roman&quot;; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">The Company’s Board of Directors approved these unaudited condensed consolidated interim financial statements on August 25, 2021. </div></div> <div style="font-family: Times New Roman; font-size: 10pt; margin-top: 18pt; margin-bottom: 0pt;"><div style="font-family: &quot;Times New Roman&quot;; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;">Note 2—Summary of Significant Accounting Policies </div></div></div> <div style="font-family: Times New Roman; font-size: 10pt; margin-top: 6pt; margin-bottom: 0pt;"><div style="font-family: &quot;Times New Roman&quot;; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;"><div style="font-style:italic;display:inline;">Basis of Preparation </div></div></div></div> <div style="font-family: Times New Roman; font-size: 10pt; margin-top: 6pt; margin-bottom: 0pt;"><div style="font-family: &quot;Times New Roman&quot;; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">The unaudited condensed consolidated interim financial statements of the Company are prepared in accordance with International Accounting Standard 34, “Interim Financial Reporting.” Certain information and disclosures normally included in the annual consolidated financial statements prepared in accordance with International Financial Reporting Standards (“IFRS”) have been condensed or omitted. Accordingly, these unaudited condensed consolidated interim financial statements should be read in conjunction with the Company’s audited annual consolidated financial statements for the year ended December 31, 2020 and accompanying notes, which have been prepared in accordance with IFRS as issued by the International Accounting Standards Board, and as adopted by the European Union. </div></div> <div style="font-family: Times New Roman; font-size: 10pt; margin-top: 12pt; margin-bottom: 0pt;"><div style="font-family: &quot;Times New Roman&quot;; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">The accounting policies applied are consistent with those of the previous financial year. A description of our accounting policies is provided in the </div></div> <div style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-family: &quot;Times New Roman&quot;; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Accounting Policies section of the audited consolidated financial statements as of and for the year ended December 31, 2020. </div></div> <div style="font-family: Times New Roman; font-size: 10pt; margin-top: 12pt; margin-bottom: 0pt;"><div style="font-family: &quot;Times New Roman&quot;; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">The preparation of financial statements in conformity with IFRS requires the use of certain significant accounting estimates and requires management to exercise its judgement in the process of applying the Company’s accounting policies. The areas involving a higher degree of judgement or complexity, or areas where assumptions and estimates are significant to the unaudited condensed consolidated interim financial statements are disclosed in Note 3. </div></div> <div style="font-family: Times New Roman; font-size: 10pt; margin-top: 18pt; margin-bottom: 0pt;"><div style="font-family: &quot;Times New Roman&quot;; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;"><div style="font-style:italic;display:inline;">New and Amended IFRS Standards Adopted by the Company </div></div></div></div> <div style="font-family: Times New Roman; font-size: 10pt; margin-top: 6pt; margin-bottom: 0pt;"><div style="font-family: &quot;Times New Roman&quot;; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Several new amendments and interpretations became applicable for the current reporting period, but do not have an impact on the accounting policies applied by the Company. </div></div> <div style="font-family: Times New Roman; font-size: 10pt; margin-top: 6pt; margin-bottom: 0pt;"><div style="font-family: &quot;Times New Roman&quot;; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;"><div style="font-style:italic;display:inline;">Basis of Preparation </div></div></div></div> <div style="font-family: Times New Roman; font-size: 10pt; margin-top: 6pt; margin-bottom: 0pt;"><div style="font-family: &quot;Times New Roman&quot;; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">The unaudited condensed consolidated interim financial statements of the Company are prepared in accordance with International Accounting Standard 34, “Interim Financial Reporting.” Certain information and disclosures normally included in the annual consolidated financial statements prepared in accordance with International Financial Reporting Standards (“IFRS”) have been condensed or omitted. Accordingly, these unaudited condensed consolidated interim financial statements should be read in conjunction with the Company’s audited annual consolidated financial statements for the year ended December 31, 2020 and accompanying notes, which have been prepared in accordance with IFRS as issued by the International Accounting Standards Board, and as adopted by the European Union. </div></div> <div style="font-family: Times New Roman; font-size: 10pt; margin-top: 12pt; margin-bottom: 0pt;"><div style="font-family: &quot;Times New Roman&quot;; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">The accounting policies applied are consistent with those of the previous financial year. A description of our accounting policies is provided in the </div></div> <div style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-family: &quot;Times New Roman&quot;; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Accounting Policies section of the audited consolidated financial statements as of and for the year ended December 31, 2020. </div></div> <div style="font-family: Times New Roman; font-size: 10pt; margin-top: 12pt; margin-bottom: 0pt;"><div style="font-family: &quot;Times New Roman&quot;; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">The preparation of financial statements in conformity with IFRS requires the use of certain significant accounting estimates and requires management to exercise its judgement in the process of applying the Company’s accounting policies. The areas involving a higher degree of judgement or complexity, or areas where assumptions and estimates are significant to the unaudited condensed consolidated interim financial statements are disclosed in Note 3. </div></div> <div style="font-family: Times New Roman; font-size: 10pt; margin-top: 18pt; margin-bottom: 0pt;"><div style="font-family: &quot;Times New Roman&quot;; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;"><div style="font-style:italic;display:inline;">New and Amended IFRS Standards Adopted by the Company </div></div></div></div> <div style="font-family: Times New Roman; font-size: 10pt; margin-top: 6pt; margin-bottom: 0pt;"><div style="font-family: &quot;Times New Roman&quot;; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Several new amendments and interpretations became applicable for the current reporting period, but do not have an impact on the accounting policies applied by the Company. </div></div> <div style="font-family: &quot;Times New Roman&quot;; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-family: &quot;Times New Roman&quot;; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;">Note 3—Critical Accounting Judgements and Key Sources of Estimation Uncertainty </div></div></div> <div style="font-family: Times New Roman; font-size: 10pt; margin-top: 6pt; margin-bottom: 0pt;"><div style="font-family: &quot;Times New Roman&quot;; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">In the application of the Company’s accounting policies, management is required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. Judgements and estimates applied are based on historical experience and other factors that are relevant, and which are available at the reporting date. Uncertainty concerning judgements and estimates could result in outcomes, that require a material adjustment to assets and liabilities in future periods. </div></div> <div style="font-family: Times New Roman; font-size: 10pt; margin-top: 12pt; margin-bottom: 0pt;"><div style="font-family: &quot;Times New Roman&quot;; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognized in the period in which the estimate is revised if the revision affects only that period, or in the period of the revision and future periods if the revision affects both current and future periods. While the application of significant accounting estimates is subject to material estimation uncertainties, management’s ongoing revisions of significant accounting estimates have not revealed any material impact in the consolidated interim statements of profit or loss for any of the periods presented. </div></div> <div style="font-family: Times New Roman; font-size: 10pt; margin-top: 12pt; margin-bottom: 0pt;"><div style="font-family: &quot;Times New Roman&quot;; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">The unaudited condensed consolidated interim financial statements do not include all disclosures for significant accounting judgements, estimates and assumptions, that are required in the annual consolidated financial statements, and therefore, should be read in conjunction with the Company’s audited consolidated financial statements as of and for the year ended December 31, 2020. </div></div> <div style="font-family: Times New Roman; font-size: 10pt; margin-top: 12pt; margin-bottom: 0pt;">Significant judgements made in the process of applying our accounting policies and that have the most significant effect on the amounts recognized in the unaudited condensed consolidated interim financial statements relate to revenue recognition, share-based payment, internally generated intangible assets related to drug development, classification of collaboration agreements and recognition principles related to <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">pre-launch</div> inventories. For the six months ended June 30, 2021, the Company has for the first time, in connection with determining the grant date fair value of warrants and accordingly, warrant compensation costs, applied its own share price as input for expected volatility. Details are provided in section “Warrant Compensation Costs”. Until December 31, 2020, the expected volatility was calculated using a simple average of daily historical data of comparable publicly traded companies, as the Company did not have sufficient data for the volatility of the Company’s own share price. </div> <div style="font-family: Times New Roman; font-size: 10pt; margin-top: 12pt; margin-bottom: 0pt;"><div style="font-family: &quot;Times New Roman&quot;; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">The key sources of estimation uncertainty that have a significant risk of causing a material adjustment to the carrying amount of assets and liabilities within the next financial year, primarily relate to recognition and measurement of accruals and prepayments for manufacturing and clinical trial activities. </div></div> <div style="font-family: Times New Roman; font-size: 10pt; margin-top: 12pt; margin-bottom: 0pt;"><div style="font-family: &quot;Times New Roman&quot;; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Other than as set out below, there have been no other changes to the application of significant accounting judg<div style="letter-spacing: 0px; top: 0px;;display:inline;">e</div>ments, or estimation uncertainties regarding accounting estimates compared to December 31, 2020. </div></div> <div style="font-family: Times New Roman; font-size: 10pt; margin-top: 18pt; margin-bottom: 0pt;"><div style="font-family: &quot;Times New Roman&quot;; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;">Warrant Compensation Costs </div></div></div> <div style="font-family: Times New Roman; font-size: 10pt; margin-top: 6pt; margin-bottom: 0pt;"><div style="font-family: &quot;Times New Roman&quot;; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">IFRS 2, “Share-Based Payment” requires an entity to reflect in its consolidated statement of profit or loss and financial position, the effects of share-based payment transactions. Warrant compensation costs are recognized over the vesting period as research and development costs or selling, general and administrative expenses, as appropriate, based on management’s best estimate of the number of warrants that will ultimately vest, which is subject to uncertainty. </div></div> <div style="font-family: Times New Roman; font-size: 10pt; margin-top: 12pt; margin-bottom: 0pt;"><div style="font-family: &quot;Times New Roman&quot;; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Warrant compensation costs are measured according to the grant date fair values of the warrants granted. Estimating fair values requires the Company to apply generally accepted valuation models and apply these models consistently according to the terms and conditions of the specific warrant program. Under all warrant programs, the Black-Scholes option-pricing model has been applied to determine the fair value of warrants granted. Subjective judgements and assumptions, which are subject to estimation uncertainties, need to be exercised in determining the appropriate input to the valuation model. These inputs include expected volatility of the Company’s share price for a historic period equaling the expected lifetime of the warrants, reflecting the assumption that the historical volatility over a period similar to the life of the warrants is indicative of future trends. For the six months ended June 30, 2021, the expected volatility has been calculated using the Company’s own share price. </div></div> <div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 8pt; letter-spacing: 0px; top: 0px;;display:inline;"> </div></div> <div style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-family: &quot;Times New Roman&quot;; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;">Note 4—Significant Events in the Reporting Period </div></div></div> <div style="font-family: Times New Roman; font-size: 10pt; margin-top: 6pt; margin-bottom: 0pt;"><div style="font-weight:bold;display:inline;"><div style="font-style:italic;display:inline;">Impact from <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">COVID-19</div> pandemic </div></div></div> <div style="font-family: Times New Roman; font-size: 10pt; margin-top: 6pt; margin-bottom: 0pt;">A novel strain of coronavirus, <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">(“COVID-19”)</div> was reported to have surfaced in Wuhan, China, in December 2019. Since then, COVID-19 has spread around the world into a pandemic, including into countries where we are operating, where we have planned or have ongoing clinical trials, and where we rely on third-parties to manufacture preclinical and clinical supplies, as well as commercial supply. </div> <div style="font-family: Times New Roman; font-size: 10pt; margin-top: 12pt; margin-bottom: 0pt;">We monitor these risks closely, and work with relevant stakeholders to avoid disruptions, and to develop and establish working measures. However, while <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">COVID-19</div> continues to impact global societies, the uncertainty related to the duration and direction of the pandemic makes the future impact from <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">COVID-19,</div> including the magnitude of any impact on our operational results, highly uncertain and unpredictable. At the reporting date, <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">COVID-19</div> did not have a direct impact on the <div style="letter-spacing: 0px; top: 0px;;display:inline;">consolidated </div>interim financial statements<div style="letter-spacing: 0px; top: 0px;;display:inline;">.</div></div> <div style="font-family: Times New Roman; font-size: 10pt; margin-top: 18pt; margin-bottom: 0pt;"><div style="font-family: &quot;Times New Roman&quot;; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;"><div style="font-style:italic;display:inline;">VISEN Pharmaceuticals Investment </div></div></div></div> <div style="font-family: Times New Roman; font-size: 10pt; margin-top: 6pt; margin-bottom: 0pt;">On January 8, 2021, the Company entered into an equity investment of $12.5 million in its associate, VISEN Pharmaceuticals, or VISEN, as part of VISEN’s $150 million Series B financing. Following VISEN’s Series B financing, the Company retains approximately 44% of VISEN’s issued and outstanding shares. As a result, the Company has recognized a <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">non-cash</div> gain in the first quarter of 2021 of €42.3 million, which is presented as part of “Share of profit / (loss) of associate” in the consolidated interim statement of profit or loss. The Series B financing has not changed the Company’s accounting treatment of VISEN. </div> 12500000 150000000 0.44 42300000 <div style="font-family: Times New Roman; font-size: 10pt; margin-top: 18pt; margin-bottom: 0pt;"><div style="font-family: &quot;Times New Roman&quot;; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;">Note 5—Revenue </div></div></div> <div style="font-family: Times New Roman; font-size: 10pt; margin-top: 6pt; margin-bottom: 0pt;">The Company’s revenue is primarily generated from three license agreements, which were entered into in 2018. The licenses grant VISEN exclusive rights to develop and commercialize TransCon hGH, TransCon PTH and TransCon CNP in Greater China. As consideration for the granting of such rights, the Company has received <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">up-front,</div> <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">non-refundable,</div> <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">non-cash</div> consideration of $40.0 million in the form of 50% ownership in VISEN. At the reporting date, the Company retains approximately 44% of VISEN’s issued and outstanding shares. </div> <div style="font-family: &quot;Times New Roman&quot;; font-size: 10pt; margin-top: 12pt; margin-bottom: 0pt; text-indent: 0px;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-family: &quot;Times New Roman&quot;; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Consideration received is recognized partly as license revenue, and partly as rendering of services over time. In addition to granting exclusive rights, the Company will provide clinical trial supply and development services to VISEN. </div></div></div> <div style="font-size: 12pt; margin-top: 0pt; margin-bottom: 0pt; text-indent: 0px;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-size: 12pt; letter-spacing: 0px; top: 0px;;display:inline;"> </div></div></div> <table cellpadding="0" cellspacing="0" style="margin: 0px auto; border: 0px currentcolor; font-family: &quot;Times New Roman&quot;; font-size: 10pt; border-collapse: collapse; border-spacing: 0px; text-indent: 0px;;width:100%;"> <tr style="font-size: 0px;"> <td style="width: 68%;"/> <td style="width: 2%; vertical-align: bottom;"/> <td/> <td/> <td/> <td style="width: 2%; vertical-align: bottom;"/> <td/> <td/> <td/> <td style="width: 2%; vertical-align: bottom;"/> <td/> <td/> <td/> <td style="width: 2%; vertical-align: bottom;"/> <td/> <td/> <td/> </tr> <tr style="font-family: Times New Roman; font-size: 8pt; page-break-inside: avoid;"> <td style="vertical-align: bottom; padding-bottom: 1pt;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></td> <td style="vertical-align: bottom; padding-bottom: 1pt;"><div style="letter-spacing: 0px; top: 0px;;display:inline;">  </div></td> <td colspan="6" style="vertical-align: bottom; border-bottom: 1pt solid rgb(0, 0, 0);;text-align:center;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;">Three Months Ended<br/> June 30,</div></div></div></td> <td style="vertical-align: bottom; padding-bottom: 1pt;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></td> <td style="vertical-align: bottom; padding-bottom: 1pt;"><div style="letter-spacing: 0px; top: 0px;;display:inline;">  </div></td> <td colspan="6" style="vertical-align: bottom; border-bottom: 1pt solid rgb(0, 0, 0);;text-align:center;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;">Six Months Ended<br/> June 30,</div></div></div></td> <td style="vertical-align: bottom; padding-bottom: 1pt;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></td> </tr> <tr style="font-family: Times New Roman; font-size: 1pt; page-break-inside: avoid;"> <td style="vertical-align: bottom;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></td> <td style="vertical-align: bottom;"><div style="letter-spacing: 0px; top: 0px;;display:inline;">  </div></td> <td colspan="2" style="vertical-align: bottom;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></td> <td style="vertical-align: bottom;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></td> <td style="vertical-align: bottom;"><div style="letter-spacing: 0px; top: 0px;;display:inline;">  </div></td> <td colspan="2" style="vertical-align: bottom;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></td> <td style="vertical-align: bottom;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></td> <td style="vertical-align: bottom;"><div style="letter-spacing: 0px; top: 0px;;display:inline;">  </div></td> <td colspan="2" style="vertical-align: bottom;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></td> <td style="vertical-align: bottom;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></td> <td style="vertical-align: bottom;"><div style="letter-spacing: 0px; top: 0px;;display:inline;">  </div></td> <td colspan="2" style="vertical-align: bottom;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></td> <td style="vertical-align: bottom;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></td> </tr> <tr style="font-family: Times New Roman; font-size: 8pt; page-break-inside: avoid;"> <td style="vertical-align: bottom; padding-bottom: 1pt;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></td> <td style="vertical-align: bottom; padding-bottom: 1pt;"><div style="letter-spacing: 0px; top: 0px;;display:inline;">  </div></td> <td colspan="2" style="vertical-align: bottom; border-bottom: 1pt solid rgb(0, 0, 0);;text-align:center;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;">2021</div></div></div></td> <td style="vertical-align: bottom; padding-bottom: 1pt;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></td> <td style="vertical-align: bottom; padding-bottom: 1pt;"><div style="letter-spacing: 0px; top: 0px;;display:inline;">  </div></td> <td colspan="2" style="vertical-align: bottom; border-bottom: 1pt solid rgb(0, 0, 0);;text-align:center;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;">2020</div></div></div></td> <td style="vertical-align: bottom; padding-bottom: 1pt;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></td> <td style="vertical-align: bottom; padding-bottom: 1pt;"><div style="letter-spacing: 0px; top: 0px;;display:inline;">  </div></td> <td colspan="2" style="vertical-align: bottom; border-bottom: 1pt solid rgb(0, 0, 0);;text-align:center;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;">2021</div></div></div></td> <td style="vertical-align: bottom; padding-bottom: 1pt;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></td> <td style="vertical-align: bottom; padding-bottom: 1pt;"><div style="letter-spacing: 0px; top: 0px;;display:inline;">  </div></td> <td colspan="2" style="vertical-align: bottom; border-bottom: 1pt solid rgb(0, 0, 0);;text-align:center;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;">2020</div></div></div></td> <td style="vertical-align: bottom; padding-bottom: 1pt;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></td> </tr> <tr style="font-family: Times New Roman; font-size: 1pt; page-break-inside: avoid;"> <td style="vertical-align: bottom;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></td> <td style="vertical-align: bottom;"><div style="letter-spacing: 0px; top: 0px;;display:inline;">  </div></td> <td colspan="2" style="vertical-align: bottom;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></td> <td style="vertical-align: bottom;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></td> <td style="vertical-align: bottom;"><div style="letter-spacing: 0px; top: 0px;;display:inline;">  </div></td> <td colspan="2" style="vertical-align: bottom;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></td> <td style="vertical-align: bottom;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></td> <td style="vertical-align: bottom;"><div style="letter-spacing: 0px; top: 0px;;display:inline;">  </div></td> <td colspan="2" style="vertical-align: bottom;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></td> <td style="vertical-align: bottom;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></td> <td style="vertical-align: bottom;"><div style="letter-spacing: 0px; top: 0px;;display:inline;">  </div></td> <td colspan="2" style="vertical-align: bottom;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></td> <td style="vertical-align: bottom;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></td> </tr> <tr style="font-family: Times New Roman; font-size: 8pt; page-break-inside: avoid;"> <td style="vertical-align: bottom;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></td> <td style="vertical-align: bottom;"><div style="letter-spacing: 0px; top: 0px;;display:inline;">  </div></td> <td colspan="6" style="vertical-align: bottom;;text-align:center;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;">(EUR’000)</div></div></div></td> <td style="vertical-align: bottom;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></td> <td style="vertical-align: bottom;"><div style="letter-spacing: 0px; top: 0px;;display:inline;">  </div></td> <td colspan="6" style="vertical-align: bottom;;text-align:center;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;">(EUR’000)</div></div></div></td> <td style="vertical-align: bottom;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></td> </tr> <tr style="font-family: Times New Roman; font-size: 10pt; page-break-inside: avoid; background-color: rgb(204, 238, 255);"> <td style="vertical-align: top;"> <div style="text-indent: -1em; font-family: &quot;Times New Roman&quot;; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;"><div style="font-family: &quot;Times New Roman&quot;; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Revenue from external customers</div></div></div></div> </td> <td style="vertical-align: bottom;"><div style="letter-spacing: 0px; top: 0px;;display:inline;">  </div></td> <td style="vertical-align: bottom;"/> <td style="vertical-align: bottom;"/> <td style="vertical-align: bottom;"/> <td style="vertical-align: bottom;"><div style="letter-spacing: 0px; top: 0px;;display:inline;">  </div></td> <td style="vertical-align: bottom;"/> <td style="vertical-align: bottom;"/> <td style="vertical-align: bottom;"/> <td style="vertical-align: bottom;"><div style="letter-spacing: 0px; top: 0px;;display:inline;">  </div></td> <td style="vertical-align: bottom;"/> <td style="vertical-align: bottom;"/> <td style="vertical-align: bottom;"/> <td style="vertical-align: bottom;"><div style="letter-spacing: 0px; top: 0px;;display:inline;">  </div></td> <td style="vertical-align: bottom;"/> <td style="vertical-align: bottom;"/> <td style="vertical-align: bottom;"/> </tr> <tr style="font-family: Times New Roman; font-size: 10pt; page-break-inside: avoid;"> <td style="width: 68%;;vertical-align:top;"> <div style="text-indent: -1em; font-family: &quot;Times New Roman&quot;; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: &quot;Times New Roman&quot;; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Revenue from the rendering of services (recognized over time)</div></div> </td> <td style="width: 2%;;vertical-align:bottom;">  </td> <td style="white-space: nowrap;;vertical-align:bottom;"> </td> <td style="white-space: nowrap;;text-align:right;;vertical-align:bottom;">226</td> <td style="white-space: nowrap;;vertical-align:bottom;"> </td> <td style="width: 2%;;vertical-align:bottom;">  </td> <td style="white-space: nowrap;;vertical-align:bottom;"> </td> <td style="white-space: nowrap;;text-align:right;;vertical-align:bottom;">779</td> <td style="white-space: nowrap;;vertical-align:bottom;"> </td> <td style="width: 2%;;vertical-align:bottom;">  </td> <td style="white-space: nowrap;;vertical-align:bottom;"> </td> <td style="white-space: nowrap;;text-align:right;;vertical-align:bottom;">395</td> <td style="white-space: nowrap;;vertical-align:bottom;"> </td> <td style="width: 2%;;vertical-align:bottom;">  </td> <td style="white-space: nowrap;;vertical-align:bottom;"> </td> <td style="white-space: nowrap;;text-align:right;;vertical-align:bottom;">2,091</td> <td style="white-space: nowrap;;vertical-align:bottom;"> </td> </tr> <tr style="font-family: Times New Roman; font-size: 10pt; page-break-inside: avoid;;background-color:#cceeff;"> <td style="background-color: rgb(204, 238, 255); width: 68%;;vertical-align:top;"> <div style="text-indent: -1em; font-family: &quot;Times New Roman&quot;; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: &quot;Times New Roman&quot;; font-size: 10pt; letter-spacing: 0px; top: 0px; background-color: rgb(204, 238, 255);;display:inline;">Sale of clinical supply (recognized at a point in time)</div></div> </td> <td style="background-color: rgb(204, 238, 255); width: 2%;;vertical-align:bottom;">  </td> <td style="white-space: nowrap; background-color: rgb(204, 238, 255);;vertical-align:bottom;"> </td> <td style="white-space: nowrap; background-color: rgb(204, 238, 255);;text-align:right;;vertical-align:bottom;">217</td> <td style="white-space: nowrap; background-color: rgb(204, 238, 255);;vertical-align:bottom;"> </td> <td style="background-color: rgb(204, 238, 255); width: 2%;;vertical-align:bottom;">  </td> <td style="white-space: nowrap; background-color: rgb(204, 238, 255);;vertical-align:bottom;"> </td> <td style="white-space: nowrap; background-color: rgb(204, 238, 255);;text-align:right;;vertical-align:bottom;">—  </td> <td style="white-space: nowrap; background-color: rgb(204, 238, 255);;vertical-align:bottom;"> </td> <td style="background-color: rgb(204, 238, 255); width: 2%;;vertical-align:bottom;">  </td> <td style="white-space: nowrap; background-color: rgb(204, 238, 255);;vertical-align:bottom;"> </td> <td style="white-space: nowrap; background-color: rgb(204, 238, 255);;text-align:right;;vertical-align:bottom;">217</td> <td style="white-space: nowrap; background-color: rgb(204, 238, 255);;vertical-align:bottom;"> </td> <td style="background-color: rgb(204, 238, 255); width: 2%;;vertical-align:bottom;">  </td> <td style="white-space: nowrap; background-color: rgb(204, 238, 255);;vertical-align:bottom;"> </td> <td style="white-space: nowrap; background-color: rgb(204, 238, 255);;text-align:right;;vertical-align:bottom;">246</td> <td style="white-space: nowrap; background-color: rgb(204, 238, 255);;vertical-align:bottom;"> </td> </tr> <tr style="font-family: Times New Roman; font-size: 10pt; page-break-inside: avoid;"> <td style="width: 68%;;vertical-align:top;"> <div style="text-indent: -1em; font-family: &quot;Times New Roman&quot;; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;"><div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">“Right-to-use”</div></div> licenses (recognized at a point in time)</div> </td> <td style="width: 2%;;vertical-align:bottom;">  </td> <td style="white-space: nowrap;;vertical-align:bottom;"> </td> <td style="white-space: nowrap;;text-align:right;;vertical-align:bottom;">579</td> <td style="white-space: nowrap;;vertical-align:bottom;"> </td> <td style="width: 2%;;vertical-align:bottom;">  </td> <td style="white-space: nowrap;;vertical-align:bottom;"> </td> <td style="white-space: nowrap;;text-align:right;;vertical-align:bottom;">657</td> <td style="white-space: nowrap;;vertical-align:bottom;"> </td> <td style="width: 2%;;vertical-align:bottom;">  </td> <td style="white-space: nowrap;;vertical-align:bottom;"> </td> <td style="white-space: nowrap;;text-align:right;;vertical-align:bottom;">1,155</td> <td style="white-space: nowrap;;vertical-align:bottom;"> </td> <td style="width: 2%;;vertical-align:bottom;">  </td> <td style="white-space: nowrap;;vertical-align:bottom;"> </td> <td style="white-space: nowrap;;text-align:right;;vertical-align:bottom;">1,324</td> <td style="white-space: nowrap;;vertical-align:bottom;"> </td> </tr> <tr style="font-size: 1px;"> <td style="font-family: &quot;Times New Roman&quot;; width: 68%;;vertical-align:bottom;"> </td> <td style="width: 2%;;vertical-align:bottom;">  </td> <td style="vertical-align:bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 1px solid rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div> </td> <td style="vertical-align:bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 1px solid rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div> </td> <td> </td> <td style="width: 2%;;vertical-align:bottom;">  </td> <td style="vertical-align:bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 1px solid rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div> </td> <td style="vertical-align:bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 1px solid rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div> </td> <td> </td> <td style="width: 2%;;vertical-align:bottom;">  </td> <td style="vertical-align:bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 1px solid rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div> </td> <td style="vertical-align:bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 1px solid rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div> </td> <td> </td> <td style="width: 2%;;vertical-align:bottom;">  </td> <td style="vertical-align:bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 1px solid rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div> </td> <td style="vertical-align:bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 1px solid rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div> </td> <td> </td> </tr> <tr style="font-family: Times New Roman; font-size: 10pt; page-break-inside: avoid;;background-color:#cceeff;"> <td style="background-color: rgb(204, 238, 255); width: 68%;;vertical-align:bottom;"> <div style="text-indent: -1em; font-family: &quot;Times New Roman&quot;; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: &quot;Times New Roman&quot;; font-size: 10pt; letter-spacing: 0px; top: 0px; background-color: rgb(204, 238, 255);;display:inline;"><div style="font-weight:bold;display:inline;">Total revenue <div style="font-size: 85%; vertical-align: top;;display:inline;;font-size:9.4px">(1)</div></div></div></div> </td> <td style="background-color: rgb(204, 238, 255); width: 2%;;vertical-align:bottom;">  </td> <td style="background-color: rgb(204, 238, 255);;vertical-align:bottom;"><div style="font-weight:bold;display:inline;"> </div></td> <td style="background-color: rgb(204, 238, 255);;text-align:right;;vertical-align:bottom;"><div style="font-weight:bold;display:inline;">1,022</div></td> <td style="white-space: nowrap; background-color: rgb(204, 238, 255);;vertical-align:bottom;"><div style="font-weight:bold;display:inline;"> </div></td> <td style="background-color: rgb(204, 238, 255); width: 2%;;vertical-align:bottom;">  </td> <td style="background-color: rgb(204, 238, 255);;vertical-align:bottom;"><div style="font-weight:bold;display:inline;"> </div></td> <td style="background-color: rgb(204, 238, 255);;text-align:right;;vertical-align:bottom;"><div style="font-weight:bold;display:inline;">1,436</div></td> <td style="white-space: nowrap; background-color: rgb(204, 238, 255);;vertical-align:bottom;"><div style="font-weight:bold;display:inline;"> </div></td> <td style="background-color: rgb(204, 238, 255); width: 2%;;vertical-align:bottom;">  </td> <td style="background-color: rgb(204, 238, 255);;vertical-align:bottom;"><div style="font-weight:bold;display:inline;"> </div></td> <td style="background-color: rgb(204, 238, 255);;text-align:right;;vertical-align:bottom;"><div style="font-weight:bold;display:inline;">1,767</div></td> <td style="white-space: nowrap; background-color: rgb(204, 238, 255);;vertical-align:bottom;"><div style="font-weight:bold;display:inline;"> </div></td> <td style="background-color: rgb(204, 238, 255); width: 2%;;vertical-align:bottom;">  </td> <td style="background-color: rgb(204, 238, 255);;vertical-align:bottom;"><div style="font-weight:bold;display:inline;"> </div></td> <td style="background-color: rgb(204, 238, 255);;text-align:right;;vertical-align:bottom;"><div style="font-weight:bold;display:inline;">3,661</div></td> <td style="white-space: nowrap; background-color: rgb(204, 238, 255);;vertical-align:bottom;"><div style="font-weight:bold;display:inline;"> </div></td> </tr> <tr style="font-size: 1px;"> <td style="font-family: &quot;Times New Roman&quot;; width: 68%;;vertical-align:bottom;"> </td> <td style="width: 2%;;vertical-align:bottom;">  </td> <td style="vertical-align:bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 3px double rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div> </td> <td style="vertical-align:bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 3px double rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div> </td> <td> </td> <td style="width: 2%;;vertical-align:bottom;">  </td> <td style="vertical-align:bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 3px double rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div> </td> <td style="vertical-align:bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 3px double rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div> </td> <td> </td> <td style="width: 2%;;vertical-align:bottom;">  </td> <td style="vertical-align:bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 3px double rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div> </td> <td style="vertical-align:bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 3px double rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div> </td> <td> </td> <td style="width: 2%;;vertical-align:bottom;">  </td> <td style="vertical-align:bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 3px double rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div> </td> <td style="vertical-align:bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 3px double rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div> </td> <td> </td> </tr> <tr style="font-family: Times New Roman; font-size: 10pt; page-break-inside: avoid;"> <td style="width: 68%;;vertical-align:top;"> <div style="text-indent: -1em; font-family: &quot;Times New Roman&quot;; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: &quot;Times New Roman&quot;; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;">Attributable to</div></div></div> </td> <td style="width: 2%;;vertical-align:bottom;">  </td> <td style="font-family: &quot;Times New Roman&quot;;;vertical-align:bottom;"> </td> <td style="font-family: &quot;Times New Roman&quot;;;vertical-align:bottom;"> </td> <td style="font-family: &quot;Times New Roman&quot;;;vertical-align:bottom;"> </td> <td style="width: 2%;;vertical-align:bottom;">  </td> <td style="font-family: &quot;Times New Roman&quot;;;vertical-align:bottom;"> </td> <td style="font-family: &quot;Times New Roman&quot;;;vertical-align:bottom;"> </td> <td style="font-family: &quot;Times New Roman&quot;;;vertical-align:bottom;"> </td> <td style="width: 2%;;vertical-align:bottom;">  </td> <td style="font-family: &quot;Times New Roman&quot;;;vertical-align:bottom;"> </td> <td style="font-family: &quot;Times New Roman&quot;;;vertical-align:bottom;"> </td> <td style="font-family: &quot;Times New Roman&quot;;;vertical-align:bottom;"> </td> <td style="width: 2%;;vertical-align:bottom;">  </td> <td style="font-family: &quot;Times New Roman&quot;;;vertical-align:bottom;"> </td> <td style="font-family: &quot;Times New Roman&quot;;;vertical-align:bottom;"> </td> <td style="font-family: &quot;Times New Roman&quot;;;vertical-align:bottom;"> </td> </tr> <tr style="font-family: Times New Roman; font-size: 10pt; page-break-inside: avoid;;background-color:#cceeff;"> <td style="background-color: rgb(204, 238, 255); width: 68%;;vertical-align:top;"> <div style="text-indent: -1em; font-family: &quot;Times New Roman&quot;; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: &quot;Times New Roman&quot;; font-size: 10pt; letter-spacing: 0px; top: 0px; background-color: rgb(204, 238, 255);;display:inline;">VISEN Pharmaceuticals</div></div> </td> <td style="background-color: rgb(204, 238, 255); width: 2%;;vertical-align:bottom;">  </td> <td style="white-space: nowrap; background-color: rgb(204, 238, 255);;vertical-align:bottom;"> </td> <td style="white-space: nowrap; background-color: rgb(204, 238, 255);;text-align:right;;vertical-align:bottom;">913</td> <td style="white-space: nowrap; background-color: rgb(204, 238, 255);;vertical-align:bottom;"> </td> <td style="background-color: rgb(204, 238, 255); width: 2%;;vertical-align:bottom;">  </td> <td style="white-space: nowrap; background-color: rgb(204, 238, 255);;vertical-align:bottom;"> </td> <td style="white-space: nowrap; background-color: rgb(204, 238, 255);;text-align:right;;vertical-align:bottom;">1,436</td> <td style="white-space: nowrap; background-color: rgb(204, 238, 255);;vertical-align:bottom;"> </td> <td style="background-color: rgb(204, 238, 255); width: 2%;;vertical-align:bottom;">  </td> <td style="white-space: nowrap; background-color: rgb(204, 238, 255);;vertical-align:bottom;"> </td> <td style="white-space: nowrap; background-color: rgb(204, 238, 255);;text-align:right;;vertical-align:bottom;">1,550</td> <td style="white-space: nowrap; background-color: rgb(204, 238, 255);;vertical-align:bottom;"> </td> <td style="background-color: rgb(204, 238, 255); width: 2%;;vertical-align:bottom;">  </td> <td style="white-space: nowrap; background-color: rgb(204, 238, 255);;vertical-align:bottom;"> </td> <td style="white-space: nowrap; background-color: rgb(204, 238, 255);;text-align:right;;vertical-align:bottom;">3,661</td> <td style="white-space: nowrap; background-color: rgb(204, 238, 255);;vertical-align:bottom;"> </td> </tr> <tr style="font-family: Times New Roman; font-size: 10pt; page-break-inside: avoid;"> <td style="width: 68%;;vertical-align:top;"> <div style="text-indent: -1em; font-family: &quot;Times New Roman&quot;; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: &quot;Times New Roman&quot;; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Other collaboration partners</div></div> </td> <td style="width: 2%;;vertical-align:bottom;">  </td> <td style="white-space: nowrap;;vertical-align:bottom;"> </td> <td style="white-space: nowrap;;text-align:right;;vertical-align:bottom;">109</td> <td style="white-space: nowrap;;vertical-align:bottom;"> </td> <td style="width: 2%;;vertical-align:bottom;">  </td> <td style="white-space: nowrap;;vertical-align:bottom;"> </td> <td style="white-space: nowrap;;text-align:right;;vertical-align:bottom;">—  </td> <td style="white-space: nowrap;;vertical-align:bottom;"> </td> <td style="width: 2%;;vertical-align:bottom;">  </td> <td style="white-space: nowrap;;vertical-align:bottom;"> </td> <td style="white-space: nowrap;;text-align:right;;vertical-align:bottom;">217</td> <td style="white-space: nowrap;;vertical-align:bottom;"> </td> <td style="width: 2%;;vertical-align:bottom;">  </td> <td style="white-space: nowrap;;vertical-align:bottom;"> </td> <td style="white-space: nowrap;;text-align:right;;vertical-align:bottom;">—  </td> <td style="white-space: nowrap;;vertical-align:bottom;"> </td> </tr> <tr style="font-size: 1px;"> <td style="font-family: &quot;Times New Roman&quot;; width: 68%;;vertical-align:bottom;"> </td> <td style="width: 2%;;vertical-align:bottom;">  </td> <td style="vertical-align:bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 1px solid rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div> </td> <td style="vertical-align:bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 1px solid rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div> </td> <td> </td> <td style="width: 2%;;vertical-align:bottom;">  </td> <td style="vertical-align:bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 1px solid rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div> </td> <td style="vertical-align:bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 1px solid rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div> </td> <td> </td> <td style="width: 2%;;vertical-align:bottom;">  </td> <td style="vertical-align:bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 1px solid rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div> </td> <td style="vertical-align:bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 1px solid rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div> </td> <td> </td> <td style="width: 2%;;vertical-align:bottom;">  </td> <td style="vertical-align:bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 1px solid rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div> </td> <td style="vertical-align:bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 1px solid rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div> </td> <td> </td> </tr> <tr style="font-family: Times New Roman; font-size: 10pt; page-break-inside: avoid;;background-color:#cceeff;"> <td style="background-color: rgb(204, 238, 255); width: 68%;;vertical-align:bottom;"> <div style="text-indent: -1em; font-family: &quot;Times New Roman&quot;; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: &quot;Times New Roman&quot;; font-size: 10pt; letter-spacing: 0px; top: 0px; background-color: rgb(204, 238, 255);;display:inline;"><div style="font-weight:bold;display:inline;">Total revenue</div></div></div> </td> <td style="background-color: rgb(204, 238, 255); width: 2%;;vertical-align:bottom;">  </td> <td style="background-color: rgb(204, 238, 255);;vertical-align:bottom;"><div style="font-weight:bold;display:inline;"> </div></td> <td style="background-color: rgb(204, 238, 255);;text-align:right;;vertical-align:bottom;"><div style="font-weight:bold;display:inline;">1,022</div></td> <td style="white-space: nowrap; background-color: rgb(204, 238, 255);;vertical-align:bottom;"><div style="font-weight:bold;display:inline;"> </div></td> <td style="background-color: rgb(204, 238, 255); width: 2%;;vertical-align:bottom;">  </td> <td style="background-color: rgb(204, 238, 255);;vertical-align:bottom;"><div style="font-weight:bold;display:inline;"> </div></td> <td style="background-color: rgb(204, 238, 255);;text-align:right;;vertical-align:bottom;"><div style="font-weight:bold;display:inline;">1,436</div></td> <td style="white-space: nowrap; background-color: rgb(204, 238, 255);;vertical-align:bottom;"><div style="font-weight:bold;display:inline;"> </div></td> <td style="background-color: rgb(204, 238, 255); width: 2%;;vertical-align:bottom;">  </td> <td style="background-color: rgb(204, 238, 255);;vertical-align:bottom;"><div style="font-weight:bold;display:inline;"> </div></td> <td style="background-color: rgb(204, 238, 255);;text-align:right;;vertical-align:bottom;"><div style="font-weight:bold;display:inline;">1,767</div></td> <td style="white-space: nowrap; background-color: rgb(204, 238, 255);;vertical-align:bottom;"><div style="font-weight:bold;display:inline;"> </div></td> <td style="background-color: rgb(204, 238, 255); width: 2%;;vertical-align:bottom;">  </td> <td style="background-color: rgb(204, 238, 255);;vertical-align:bottom;"><div style="font-weight:bold;display:inline;"> </div></td> <td style="background-color: rgb(204, 238, 255);;text-align:right;;vertical-align:bottom;"><div style="font-weight:bold;display:inline;">3,661</div></td> <td style="white-space: nowrap; background-color: rgb(204, 238, 255);;vertical-align:bottom;"><div style="font-weight:bold;display:inline;"> </div></td> </tr> <tr style="font-size: 1px;"> <td style="font-family: &quot;Times New Roman&quot;; width: 68%;;vertical-align:bottom;"> </td> <td style="width: 2%;;vertical-align:bottom;">  </td> <td style="vertical-align:bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 3px double rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div> </td> <td style="vertical-align:bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 3px double rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div> </td> <td> </td> <td style="width: 2%;;vertical-align:bottom;">  </td> <td style="vertical-align:bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 3px double rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div> </td> <td style="vertical-align:bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 3px double rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div> </td> <td> </td> <td style="width: 2%;;vertical-align:bottom;">  </td> <td style="vertical-align:bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 3px double rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div> </td> <td style="vertical-align:bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 3px double rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div> </td> <td> </td> <td style="width: 2%;;vertical-align:bottom;">  </td> <td style="vertical-align:bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 3px double rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div> </td> <td style="vertical-align:bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 3px double rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div> </td> <td> </td> </tr> <tr style="font-family: Times New Roman; font-size: 10pt; page-break-inside: avoid;"> <td style="width: 68%;;vertical-align:top;"> <div style="text-indent: -1em; font-family: &quot;Times New Roman&quot;; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: &quot;Times New Roman&quot;; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;">Revenue by geographical location</div></div></div> </td> <td style="width: 2%;;vertical-align:bottom;">  </td> <td style="font-family: &quot;Times New Roman&quot;;;vertical-align:bottom;"> </td> <td style="font-family: &quot;Times New Roman&quot;;;vertical-align:bottom;"> </td> <td style="font-family: &quot;Times New Roman&quot;;;vertical-align:bottom;"> </td> <td style="width: 2%;;vertical-align:bottom;">  </td> <td style="font-family: &quot;Times New Roman&quot;;;vertical-align:bottom;"> </td> <td style="font-family: &quot;Times New Roman&quot;;;vertical-align:bottom;"> </td> <td style="font-family: &quot;Times New Roman&quot;;;vertical-align:bottom;"> </td> <td style="width: 2%;;vertical-align:bottom;">  </td> <td style="font-family: &quot;Times New Roman&quot;;;vertical-align:bottom;"> </td> <td style="font-family: &quot;Times New Roman&quot;;;vertical-align:bottom;"> </td> <td style="font-family: &quot;Times New Roman&quot;;;vertical-align:bottom;"> </td> <td style="width: 2%;;vertical-align:bottom;">  </td> <td style="font-family: &quot;Times New Roman&quot;;;vertical-align:bottom;"> </td> <td style="font-family: &quot;Times New Roman&quot;;;vertical-align:bottom;"> </td> <td style="font-family: &quot;Times New Roman&quot;;;vertical-align:bottom;"> </td> </tr> <tr style="font-family: Times New Roman; font-size: 10pt; page-break-inside: avoid;;background-color:#cceeff;"> <td style="background-color: rgb(204, 238, 255); width: 68%;;vertical-align:top;"> <div style="text-indent: -1em; font-family: &quot;Times New Roman&quot;; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: &quot;Times New Roman&quot;; font-size: 10pt; letter-spacing: 0px; top: 0px; background-color: rgb(204, 238, 255);;display:inline;">North America</div></div> </td> <td style="background-color: rgb(204, 238, 255); width: 2%;;vertical-align:bottom;">  </td> <td style="white-space: nowrap; background-color: rgb(204, 238, 255);;vertical-align:bottom;"> </td> <td style="white-space: nowrap; background-color: rgb(204, 238, 255);;text-align:right;;vertical-align:bottom;">688</td> <td style="white-space: nowrap; background-color: rgb(204, 238, 255);;vertical-align:bottom;"> </td> <td style="background-color: rgb(204, 238, 255); width: 2%;;vertical-align:bottom;">  </td> <td style="white-space: nowrap; background-color: rgb(204, 238, 255);;vertical-align:bottom;"> </td> <td style="white-space: nowrap; background-color: rgb(204, 238, 255);;text-align:right;;vertical-align:bottom;">657</td> <td style="white-space: nowrap; background-color: rgb(204, 238, 255);;vertical-align:bottom;"> </td> <td style="background-color: rgb(204, 238, 255); width: 2%;;vertical-align:bottom;">  </td> <td style="white-space: nowrap; background-color: rgb(204, 238, 255);;vertical-align:bottom;"> </td> <td style="white-space: nowrap; background-color: rgb(204, 238, 255);;text-align:right;;vertical-align:bottom;">1,373</td> <td style="white-space: nowrap; background-color: rgb(204, 238, 255);;vertical-align:bottom;"> </td> <td style="background-color: rgb(204, 238, 255); width: 2%;;vertical-align:bottom;">  </td> <td style="white-space: nowrap; background-color: rgb(204, 238, 255);;vertical-align:bottom;"> </td> <td style="white-space: nowrap; background-color: rgb(204, 238, 255);;text-align:right;;vertical-align:bottom;">1,324</td> <td style="white-space: nowrap; background-color: rgb(204, 238, 255);;vertical-align:bottom;"> </td> </tr> <tr style="font-family: Times New Roman; font-size: 10pt; page-break-inside: avoid;"> <td style="width: 68%;;vertical-align:top;"> <div style="text-indent: -1em; font-family: &quot;Times New Roman&quot;; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: &quot;Times New Roman&quot;; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">China</div></div> </td> <td style="width: 2%;;vertical-align:bottom;">  </td> <td style="white-space: nowrap;;vertical-align:bottom;"> </td> <td style="white-space: nowrap;;text-align:right;;vertical-align:bottom;">334</td> <td style="white-space: nowrap;;vertical-align:bottom;"> </td> <td style="width: 2%;;vertical-align:bottom;">  </td> <td style="white-space: nowrap;;vertical-align:bottom;"> </td> <td style="white-space: nowrap;;text-align:right;;vertical-align:bottom;">779</td> <td style="white-space: nowrap;;vertical-align:bottom;"> </td> <td style="width: 2%;;vertical-align:bottom;">  </td> <td style="white-space: nowrap;;vertical-align:bottom;"> </td> <td style="white-space: nowrap;;text-align:right;;vertical-align:bottom;">394</td> <td style="white-space: nowrap;;vertical-align:bottom;"> </td> <td style="width: 2%;;vertical-align:bottom;">  </td> <td style="white-space: nowrap;;vertical-align:bottom;"> </td> <td style="white-space: nowrap;;text-align:right;;vertical-align:bottom;">2,337</td> <td style="white-space: nowrap;;vertical-align:bottom;"> </td> </tr> <tr style="font-size: 1px;"> <td style="font-family: &quot;Times New Roman&quot;; width: 68%;;vertical-align:bottom;"> </td> <td style="width: 2%;;vertical-align:bottom;">  </td> <td style="vertical-align:bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 1px solid rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div> </td> <td style="vertical-align:bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 1px solid rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div> </td> <td> </td> <td style="width: 2%;;vertical-align:bottom;">  </td> <td style="vertical-align:bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 1px solid rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div> </td> <td style="vertical-align:bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 1px solid rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div> </td> <td> </td> <td style="width: 2%;;vertical-align:bottom;">  </td> <td style="vertical-align:bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 1px solid rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div> </td> <td style="vertical-align:bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 1px solid rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div> </td> <td> </td> <td style="width: 2%;;vertical-align:bottom;">  </td> <td style="vertical-align:bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 1px solid rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div> </td> <td style="vertical-align:bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 1px solid rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div> </td> <td> </td> </tr> <tr style="font-family: Times New Roman; font-size: 10pt; page-break-inside: avoid;;background-color:#cceeff;"> <td style="background-color: rgb(204, 238, 255); width: 68%;;vertical-align:bottom;"> <div style="text-indent: -1em; font-family: &quot;Times New Roman&quot;; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: &quot;Times New Roman&quot;; font-size: 10pt; letter-spacing: 0px; top: 0px; background-color: rgb(204, 238, 255);;display:inline;"><div style="font-weight:bold;display:inline;">Total revenue</div></div></div> </td> <td style="background-color: rgb(204, 238, 255); width: 2%;;vertical-align:bottom;">  </td> <td style="background-color: rgb(204, 238, 255);;vertical-align:bottom;"><div style="font-weight:bold;display:inline;"> </div></td> <td style="background-color: rgb(204, 238, 255);;text-align:right;;vertical-align:bottom;"><div style="font-weight:bold;display:inline;">1,022</div></td> <td style="white-space: nowrap; background-color: rgb(204, 238, 255);;vertical-align:bottom;"><div style="font-weight:bold;display:inline;"> </div></td> <td style="background-color: rgb(204, 238, 255); width: 2%;;vertical-align:bottom;">  </td> <td style="background-color: rgb(204, 238, 255);;vertical-align:bottom;"><div style="font-weight:bold;display:inline;"> </div></td> <td style="background-color: rgb(204, 238, 255);;text-align:right;;vertical-align:bottom;"><div style="font-weight:bold;display:inline;">1,436</div></td> <td style="white-space: nowrap; background-color: rgb(204, 238, 255);;vertical-align:bottom;"><div style="font-weight:bold;display:inline;"> </div></td> <td style="background-color: rgb(204, 238, 255); width: 2%;;vertical-align:bottom;">  </td> <td style="background-color: rgb(204, 238, 255);;vertical-align:bottom;"><div style="font-weight:bold;display:inline;"> </div></td> <td style="background-color: rgb(204, 238, 255);;text-align:right;;vertical-align:bottom;"><div style="font-weight:bold;display:inline;">1,767</div></td> <td style="white-space: nowrap; background-color: rgb(204, 238, 255);;vertical-align:bottom;"><div style="font-weight:bold;display:inline;"> </div></td> <td style="background-color: rgb(204, 238, 255); width: 2%;;vertical-align:bottom;">  </td> <td style="background-color: rgb(204, 238, 255);;vertical-align:bottom;"><div style="font-weight:bold;display:inline;"> </div></td> <td style="background-color: rgb(204, 238, 255);;text-align:right;;vertical-align:bottom;"><div style="font-weight:bold;display:inline;">3,661</div></td> <td style="white-space: nowrap; background-color: rgb(204, 238, 255);;vertical-align:bottom;"><div style="font-weight:bold;display:inline;"> </div></td> </tr> <tr style="font-size: 1px;"> <td style="font-family: &quot;Times New Roman&quot;; width: 68%;;vertical-align:bottom;"> </td> <td style="width: 2%;;vertical-align:bottom;">  </td> <td style="vertical-align:bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 3px double rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div> </td> <td style="vertical-align:bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 3px double rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div> </td> <td> </td> <td style="width: 2%;;vertical-align:bottom;">  </td> <td style="vertical-align:bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 3px double rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div> </td> <td style="vertical-align:bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 3px double rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div> </td> <td> </td> <td style="width: 2%;;vertical-align:bottom;">  </td> <td style="vertical-align:bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 3px double rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div> </td> <td style="vertical-align:bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 3px double rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div> </td> <td> </td> <td style="width: 2%;;vertical-align:bottom;">  </td> <td style="vertical-align:bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 3px double rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div> </td> <td style="vertical-align:bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 3px double rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div> </td> <td> </td> </tr> </table> <div style="clear: both; max-height: 0px; text-indent: 0px;"/> <div style="margin-top: 1em; margin-bottom: 1em"/> <div style="clear: both; max-height: 0px; text-indent: 0px;"/> <div style="clear: both; max-height: 0px;"/> <div style="font-size: 6pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 6pt; letter-spacing: 0px; top: 0px;;display:inline;"> </div></div> <table border="0" cellpadding="0" cellspacing="0" style="font-family: &quot;Times New Roman&quot;; font-size: 10pt; border-collapse: collapse; border-spacing: 0px;;width:100%;"> <tr style="page-break-inside: avoid;"> <td style="text-align:left;;vertical-align:top;;width:4%;"><div style="font-size: 85%; vertical-align: top;;display:inline;;font-size:9.4px">(1)</div> </td> <td style="text-align:left;;vertical-align:top;"> <div style="font-family: &quot;Times New Roman&quot;; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;;text-align:left;"><div style="font-family: &quot;Times New Roman&quot;; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">For the three months ended June 30, 2021 and 2020, and for the six months ended June 30, 2021 and 2020, “Total revenue” includes recognition of previously deferred revenue/internal profit from associate of €579 thousand and €1,013 thousand, and of €1,155 thousand and €2,215 thousand, respectively. </div></div> </td> </tr> </table> 40000000.0 0.50 0.44 <div style="font-size: 12pt; margin-top: 0pt; margin-bottom: 0pt; text-indent: 0px;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-size: 12pt; letter-spacing: 0px; top: 0px;;display:inline;"> </div></div></div> <table cellpadding="0" cellspacing="0" style="margin: 0px auto; border: 0px currentcolor; font-family: &quot;Times New Roman&quot;; font-size: 10pt; border-collapse: collapse; border-spacing: 0px; text-indent: 0px;;width:100%;"> <tr style="font-size: 0px;"> <td style="width: 68%;"/> <td style="width: 2%; vertical-align: bottom;"/> <td/> <td/> <td/> <td style="width: 2%; vertical-align: bottom;"/> <td/> <td/> <td/> <td style="width: 2%; vertical-align: bottom;"/> <td/> <td/> <td/> <td style="width: 2%; vertical-align: bottom;"/> <td/> <td/> <td/> </tr> <tr style="font-family: Times New Roman; font-size: 8pt; page-break-inside: avoid;"> <td style="vertical-align: bottom; padding-bottom: 1pt;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></td> <td style="vertical-align: bottom; padding-bottom: 1pt;"><div style="letter-spacing: 0px; top: 0px;;display:inline;">  </div></td> <td colspan="6" style="vertical-align: bottom; border-bottom: 1pt solid rgb(0, 0, 0);;text-align:center;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;">Three Months Ended<br/> June 30,</div></div></div></td> <td style="vertical-align: bottom; padding-bottom: 1pt;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></td> <td style="vertical-align: bottom; padding-bottom: 1pt;"><div style="letter-spacing: 0px; top: 0px;;display:inline;">  </div></td> <td colspan="6" style="vertical-align: bottom; border-bottom: 1pt solid rgb(0, 0, 0);;text-align:center;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;">Six Months Ended<br/> June 30,</div></div></div></td> <td style="vertical-align: bottom; padding-bottom: 1pt;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></td> </tr> <tr style="font-family: Times New Roman; font-size: 1pt; page-break-inside: avoid;"> <td style="vertical-align: bottom;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></td> <td style="vertical-align: bottom;"><div style="letter-spacing: 0px; top: 0px;;display:inline;">  </div></td> <td colspan="2" style="vertical-align: bottom;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></td> <td style="vertical-align: bottom;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></td> <td style="vertical-align: bottom;"><div style="letter-spacing: 0px; top: 0px;;display:inline;">  </div></td> <td colspan="2" style="vertical-align: bottom;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></td> <td style="vertical-align: bottom;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></td> <td style="vertical-align: bottom;"><div style="letter-spacing: 0px; top: 0px;;display:inline;">  </div></td> <td colspan="2" style="vertical-align: bottom;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></td> <td style="vertical-align: bottom;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></td> <td style="vertical-align: bottom;"><div style="letter-spacing: 0px; top: 0px;;display:inline;">  </div></td> <td colspan="2" style="vertical-align: bottom;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></td> <td style="vertical-align: bottom;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></td> </tr> <tr style="font-family: Times New Roman; font-size: 8pt; page-break-inside: avoid;"> <td style="vertical-align: bottom; padding-bottom: 1pt;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></td> <td style="vertical-align: bottom; padding-bottom: 1pt;"><div style="letter-spacing: 0px; top: 0px;;display:inline;">  </div></td> <td colspan="2" style="vertical-align: bottom; border-bottom: 1pt solid rgb(0, 0, 0);;text-align:center;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;">2021</div></div></div></td> <td style="vertical-align: bottom; padding-bottom: 1pt;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></td> <td style="vertical-align: bottom; padding-bottom: 1pt;"><div style="letter-spacing: 0px; top: 0px;;display:inline;">  </div></td> <td colspan="2" style="vertical-align: bottom; border-bottom: 1pt solid rgb(0, 0, 0);;text-align:center;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;">2020</div></div></div></td> <td style="vertical-align: bottom; padding-bottom: 1pt;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></td> <td style="vertical-align: bottom; padding-bottom: 1pt;"><div style="letter-spacing: 0px; top: 0px;;display:inline;">  </div></td> <td colspan="2" style="vertical-align: bottom; border-bottom: 1pt solid rgb(0, 0, 0);;text-align:center;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;">2021</div></div></div></td> <td style="vertical-align: bottom; padding-bottom: 1pt;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></td> <td style="vertical-align: bottom; padding-bottom: 1pt;"><div style="letter-spacing: 0px; top: 0px;;display:inline;">  </div></td> <td colspan="2" style="vertical-align: bottom; border-bottom: 1pt solid rgb(0, 0, 0);;text-align:center;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;">2020</div></div></div></td> <td style="vertical-align: bottom; padding-bottom: 1pt;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></td> </tr> <tr style="font-family: Times New Roman; font-size: 1pt; page-break-inside: avoid;"> <td style="vertical-align: bottom;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></td> <td style="vertical-align: bottom;"><div style="letter-spacing: 0px; top: 0px;;display:inline;">  </div></td> <td colspan="2" style="vertical-align: bottom;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></td> <td style="vertical-align: bottom;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></td> <td style="vertical-align: bottom;"><div style="letter-spacing: 0px; top: 0px;;display:inline;">  </div></td> <td colspan="2" style="vertical-align: bottom;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></td> <td style="vertical-align: bottom;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></td> <td style="vertical-align: bottom;"><div style="letter-spacing: 0px; top: 0px;;display:inline;">  </div></td> <td colspan="2" style="vertical-align: bottom;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></td> <td style="vertical-align: bottom;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></td> <td style="vertical-align: bottom;"><div style="letter-spacing: 0px; top: 0px;;display:inline;">  </div></td> <td colspan="2" style="vertical-align: bottom;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></td> <td style="vertical-align: bottom;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></td> </tr> <tr style="font-family: Times New Roman; font-size: 8pt; page-break-inside: avoid;"> <td style="vertical-align: bottom;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></td> <td style="vertical-align: bottom;"><div style="letter-spacing: 0px; top: 0px;;display:inline;">  </div></td> <td colspan="6" style="vertical-align: bottom;;text-align:center;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;">(EUR’000)</div></div></div></td> <td style="vertical-align: bottom;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></td> <td style="vertical-align: bottom;"><div style="letter-spacing: 0px; top: 0px;;display:inline;">  </div></td> <td colspan="6" style="vertical-align: bottom;;text-align:center;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;">(EUR’000)</div></div></div></td> <td style="vertical-align: bottom;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></td> </tr> <tr style="font-family: Times New Roman; font-size: 10pt; page-break-inside: avoid; background-color: rgb(204, 238, 255);"> <td style="vertical-align: top;"> <div style="text-indent: -1em; font-family: &quot;Times New Roman&quot;; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;"><div style="font-family: &quot;Times New Roman&quot;; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Revenue from external customers</div></div></div></div> </td> <td style="vertical-align: bottom;"><div style="letter-spacing: 0px; top: 0px;;display:inline;">  </div></td> <td style="vertical-align: bottom;"/> <td style="vertical-align: bottom;"/> <td style="vertical-align: bottom;"/> <td style="vertical-align: bottom;"><div style="letter-spacing: 0px; top: 0px;;display:inline;">  </div></td> <td style="vertical-align: bottom;"/> <td style="vertical-align: bottom;"/> <td style="vertical-align: bottom;"/> <td style="vertical-align: bottom;"><div style="letter-spacing: 0px; top: 0px;;display:inline;">  </div></td> <td style="vertical-align: bottom;"/> <td style="vertical-align: bottom;"/> <td style="vertical-align: bottom;"/> <td style="vertical-align: bottom;"><div style="letter-spacing: 0px; top: 0px;;display:inline;">  </div></td> <td style="vertical-align: bottom;"/> <td style="vertical-align: bottom;"/> <td style="vertical-align: bottom;"/> </tr> <tr style="font-family: Times New Roman; font-size: 10pt; page-break-inside: avoid;"> <td style="width: 68%;;vertical-align:top;"> <div style="text-indent: -1em; font-family: &quot;Times New Roman&quot;; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: &quot;Times New Roman&quot;; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Revenue from the rendering of services (recognized over time)</div></div> </td> <td style="width: 2%;;vertical-align:bottom;">  </td> <td style="white-space: nowrap;;vertical-align:bottom;"> </td> <td style="white-space: nowrap;;text-align:right;;vertical-align:bottom;">226</td> <td style="white-space: nowrap;;vertical-align:bottom;"> </td> <td style="width: 2%;;vertical-align:bottom;">  </td> <td style="white-space: nowrap;;vertical-align:bottom;"> </td> <td style="white-space: nowrap;;text-align:right;;vertical-align:bottom;">779</td> <td style="white-space: nowrap;;vertical-align:bottom;"> </td> <td style="width: 2%;;vertical-align:bottom;">  </td> <td style="white-space: nowrap;;vertical-align:bottom;"> </td> <td style="white-space: nowrap;;text-align:right;;vertical-align:bottom;">395</td> <td style="white-space: nowrap;;vertical-align:bottom;"> </td> <td style="width: 2%;;vertical-align:bottom;">  </td> <td style="white-space: nowrap;;vertical-align:bottom;"> </td> <td style="white-space: nowrap;;text-align:right;;vertical-align:bottom;">2,091</td> <td style="white-space: nowrap;;vertical-align:bottom;"> </td> </tr> <tr style="font-family: Times New Roman; font-size: 10pt; page-break-inside: avoid;;background-color:#cceeff;"> <td style="background-color: rgb(204, 238, 255); width: 68%;;vertical-align:top;"> <div style="text-indent: -1em; font-family: &quot;Times New Roman&quot;; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: &quot;Times New Roman&quot;; font-size: 10pt; letter-spacing: 0px; top: 0px; background-color: rgb(204, 238, 255);;display:inline;">Sale of clinical supply (recognized at a point in time)</div></div> </td> <td style="background-color: rgb(204, 238, 255); width: 2%;;vertical-align:bottom;">  </td> <td style="white-space: nowrap; background-color: rgb(204, 238, 255);;vertical-align:bottom;"> </td> <td style="white-space: nowrap; background-color: rgb(204, 238, 255);;text-align:right;;vertical-align:bottom;">217</td> <td style="white-space: nowrap; background-color: rgb(204, 238, 255);;vertical-align:bottom;"> </td> <td style="background-color: rgb(204, 238, 255); width: 2%;;vertical-align:bottom;">  </td> <td style="white-space: nowrap; background-color: rgb(204, 238, 255);;vertical-align:bottom;"> </td> <td style="white-space: nowrap; background-color: rgb(204, 238, 255);;text-align:right;;vertical-align:bottom;">—  </td> <td style="white-space: nowrap; background-color: rgb(204, 238, 255);;vertical-align:bottom;"> </td> <td style="background-color: rgb(204, 238, 255); width: 2%;;vertical-align:bottom;">  </td> <td style="white-space: nowrap; background-color: rgb(204, 238, 255);;vertical-align:bottom;"> </td> <td style="white-space: nowrap; background-color: rgb(204, 238, 255);;text-align:right;;vertical-align:bottom;">217</td> <td style="white-space: nowrap; background-color: rgb(204, 238, 255);;vertical-align:bottom;"> </td> <td style="background-color: rgb(204, 238, 255); width: 2%;;vertical-align:bottom;">  </td> <td style="white-space: nowrap; background-color: rgb(204, 238, 255);;vertical-align:bottom;"> </td> <td style="white-space: nowrap; background-color: rgb(204, 238, 255);;text-align:right;;vertical-align:bottom;">246</td> <td style="white-space: nowrap; background-color: rgb(204, 238, 255);;vertical-align:bottom;"> </td> </tr> <tr style="font-family: Times New Roman; font-size: 10pt; page-break-inside: avoid;"> <td style="width: 68%;;vertical-align:top;"> <div style="text-indent: -1em; font-family: &quot;Times New Roman&quot;; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;"><div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">“Right-to-use”</div></div> licenses (recognized at a point in time)</div> </td> <td style="width: 2%;;vertical-align:bottom;">  </td> <td style="white-space: nowrap;;vertical-align:bottom;"> </td> <td style="white-space: nowrap;;text-align:right;;vertical-align:bottom;">579</td> <td style="white-space: nowrap;;vertical-align:bottom;"> </td> <td style="width: 2%;;vertical-align:bottom;">  </td> <td style="white-space: nowrap;;vertical-align:bottom;"> </td> <td style="white-space: nowrap;;text-align:right;;vertical-align:bottom;">657</td> <td style="white-space: nowrap;;vertical-align:bottom;"> </td> <td style="width: 2%;;vertical-align:bottom;">  </td> <td style="white-space: nowrap;;vertical-align:bottom;"> </td> <td style="white-space: nowrap;;text-align:right;;vertical-align:bottom;">1,155</td> <td style="white-space: nowrap;;vertical-align:bottom;"> </td> <td style="width: 2%;;vertical-align:bottom;">  </td> <td style="white-space: nowrap;;vertical-align:bottom;"> </td> <td style="white-space: nowrap;;text-align:right;;vertical-align:bottom;">1,324</td> <td style="white-space: nowrap;;vertical-align:bottom;"> </td> </tr> <tr style="font-size: 1px;"> <td style="font-family: &quot;Times New Roman&quot;; width: 68%;;vertical-align:bottom;"> </td> <td style="width: 2%;;vertical-align:bottom;">  </td> <td style="vertical-align:bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 1px solid rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div> </td> <td style="vertical-align:bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 1px solid rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div> </td> <td> </td> <td style="width: 2%;;vertical-align:bottom;">  </td> <td style="vertical-align:bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 1px solid rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div> </td> <td style="vertical-align:bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 1px solid rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div> </td> <td> </td> <td style="width: 2%;;vertical-align:bottom;">  </td> <td style="vertical-align:bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 1px solid rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div> </td> <td style="vertical-align:bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 1px solid rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div> </td> <td> </td> <td style="width: 2%;;vertical-align:bottom;">  </td> <td style="vertical-align:bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 1px solid rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div> </td> <td style="vertical-align:bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 1px solid rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div> </td> <td> </td> </tr> <tr style="font-family: Times New Roman; font-size: 10pt; page-break-inside: avoid;;background-color:#cceeff;"> <td style="background-color: rgb(204, 238, 255); width: 68%;;vertical-align:bottom;"> <div style="text-indent: -1em; font-family: &quot;Times New Roman&quot;; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: &quot;Times New Roman&quot;; font-size: 10pt; letter-spacing: 0px; top: 0px; background-color: rgb(204, 238, 255);;display:inline;"><div style="font-weight:bold;display:inline;">Total revenue <div style="font-size: 85%; vertical-align: top;;display:inline;;font-size:9.4px">(1)</div></div></div></div> </td> <td style="background-color: rgb(204, 238, 255); width: 2%;;vertical-align:bottom;">  </td> <td style="background-color: rgb(204, 238, 255);;vertical-align:bottom;"><div style="font-weight:bold;display:inline;"> </div></td> <td style="background-color: rgb(204, 238, 255);;text-align:right;;vertical-align:bottom;"><div style="font-weight:bold;display:inline;">1,022</div></td> <td style="white-space: nowrap; background-color: rgb(204, 238, 255);;vertical-align:bottom;"><div style="font-weight:bold;display:inline;"> </div></td> <td style="background-color: rgb(204, 238, 255); width: 2%;;vertical-align:bottom;">  </td> <td style="background-color: rgb(204, 238, 255);;vertical-align:bottom;"><div style="font-weight:bold;display:inline;"> </div></td> <td style="background-color: rgb(204, 238, 255);;text-align:right;;vertical-align:bottom;"><div style="font-weight:bold;display:inline;">1,436</div></td> <td style="white-space: nowrap; background-color: rgb(204, 238, 255);;vertical-align:bottom;"><div style="font-weight:bold;display:inline;"> </div></td> <td style="background-color: rgb(204, 238, 255); width: 2%;;vertical-align:bottom;">  </td> <td style="background-color: rgb(204, 238, 255);;vertical-align:bottom;"><div style="font-weight:bold;display:inline;"> </div></td> <td style="background-color: rgb(204, 238, 255);;text-align:right;;vertical-align:bottom;"><div style="font-weight:bold;display:inline;">1,767</div></td> <td style="white-space: nowrap; background-color: rgb(204, 238, 255);;vertical-align:bottom;"><div style="font-weight:bold;display:inline;"> </div></td> <td style="background-color: rgb(204, 238, 255); width: 2%;;vertical-align:bottom;">  </td> <td style="background-color: rgb(204, 238, 255);;vertical-align:bottom;"><div style="font-weight:bold;display:inline;"> </div></td> <td style="background-color: rgb(204, 238, 255);;text-align:right;;vertical-align:bottom;"><div style="font-weight:bold;display:inline;">3,661</div></td> <td style="white-space: nowrap; background-color: rgb(204, 238, 255);;vertical-align:bottom;"><div style="font-weight:bold;display:inline;"> </div></td> </tr> <tr style="font-size: 1px;"> <td style="font-family: &quot;Times New Roman&quot;; width: 68%;;vertical-align:bottom;"> </td> <td style="width: 2%;;vertical-align:bottom;">  </td> <td style="vertical-align:bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 3px double rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div> </td> <td style="vertical-align:bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 3px double rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div> </td> <td> </td> <td style="width: 2%;;vertical-align:bottom;">  </td> <td style="vertical-align:bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 3px double rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div> </td> <td style="vertical-align:bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 3px double rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div> </td> <td> </td> <td style="width: 2%;;vertical-align:bottom;">  </td> <td style="vertical-align:bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 3px double rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div> </td> <td style="vertical-align:bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 3px double rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div> </td> <td> </td> <td style="width: 2%;;vertical-align:bottom;">  </td> <td style="vertical-align:bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 3px double rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div> </td> <td style="vertical-align:bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 3px double rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div> </td> <td> </td> </tr> <tr style="font-family: Times New Roman; font-size: 10pt; page-break-inside: avoid;"> <td style="width: 68%;;vertical-align:top;"> <div style="text-indent: -1em; font-family: &quot;Times New Roman&quot;; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: &quot;Times New Roman&quot;; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;">Attributable to</div></div></div> </td> <td style="width: 2%;;vertical-align:bottom;">  </td> <td style="font-family: &quot;Times New Roman&quot;;;vertical-align:bottom;"> </td> <td style="font-family: &quot;Times New Roman&quot;;;vertical-align:bottom;"> </td> <td style="font-family: &quot;Times New Roman&quot;;;vertical-align:bottom;"> </td> <td style="width: 2%;;vertical-align:bottom;">  </td> <td style="font-family: &quot;Times New Roman&quot;;;vertical-align:bottom;"> </td> <td style="font-family: &quot;Times New Roman&quot;;;vertical-align:bottom;"> </td> <td style="font-family: &quot;Times New Roman&quot;;;vertical-align:bottom;"> </td> <td style="width: 2%;;vertical-align:bottom;">  </td> <td style="font-family: &quot;Times New Roman&quot;;;vertical-align:bottom;"> </td> <td style="font-family: &quot;Times New Roman&quot;;;vertical-align:bottom;"> </td> <td style="font-family: &quot;Times New Roman&quot;;;vertical-align:bottom;"> </td> <td style="width: 2%;;vertical-align:bottom;">  </td> <td style="font-family: &quot;Times New Roman&quot;;;vertical-align:bottom;"> </td> <td style="font-family: &quot;Times New Roman&quot;;;vertical-align:bottom;"> </td> <td style="font-family: &quot;Times New Roman&quot;;;vertical-align:bottom;"> </td> </tr> <tr style="font-family: Times New Roman; font-size: 10pt; page-break-inside: avoid;;background-color:#cceeff;"> <td style="background-color: rgb(204, 238, 255); width: 68%;;vertical-align:top;"> <div style="text-indent: -1em; font-family: &quot;Times New Roman&quot;; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: &quot;Times New Roman&quot;; font-size: 10pt; letter-spacing: 0px; top: 0px; background-color: rgb(204, 238, 255);;display:inline;">VISEN Pharmaceuticals</div></div> </td> <td style="background-color: rgb(204, 238, 255); width: 2%;;vertical-align:bottom;">  </td> <td style="white-space: nowrap; background-color: rgb(204, 238, 255);;vertical-align:bottom;"> </td> <td style="white-space: nowrap; background-color: rgb(204, 238, 255);;text-align:right;;vertical-align:bottom;">913</td> <td style="white-space: nowrap; background-color: rgb(204, 238, 255);;vertical-align:bottom;"> </td> <td style="background-color: rgb(204, 238, 255); width: 2%;;vertical-align:bottom;">  </td> <td style="white-space: nowrap; background-color: rgb(204, 238, 255);;vertical-align:bottom;"> </td> <td style="white-space: nowrap; background-color: rgb(204, 238, 255);;text-align:right;;vertical-align:bottom;">1,436</td> <td style="white-space: nowrap; background-color: rgb(204, 238, 255);;vertical-align:bottom;"> </td> <td style="background-color: rgb(204, 238, 255); width: 2%;;vertical-align:bottom;">  </td> <td style="white-space: nowrap; background-color: rgb(204, 238, 255);;vertical-align:bottom;"> </td> <td style="white-space: nowrap; background-color: rgb(204, 238, 255);;text-align:right;;vertical-align:bottom;">1,550</td> <td style="white-space: nowrap; background-color: rgb(204, 238, 255);;vertical-align:bottom;"> </td> <td style="background-color: rgb(204, 238, 255); width: 2%;;vertical-align:bottom;">  </td> <td style="white-space: nowrap; background-color: rgb(204, 238, 255);;vertical-align:bottom;"> </td> <td style="white-space: nowrap; background-color: rgb(204, 238, 255);;text-align:right;;vertical-align:bottom;">3,661</td> <td style="white-space: nowrap; background-color: rgb(204, 238, 255);;vertical-align:bottom;"> </td> </tr> <tr style="font-family: Times New Roman; font-size: 10pt; page-break-inside: avoid;"> <td style="width: 68%;;vertical-align:top;"> <div style="text-indent: -1em; font-family: &quot;Times New Roman&quot;; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: &quot;Times New Roman&quot;; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Other collaboration partners</div></div> </td> <td style="width: 2%;;vertical-align:bottom;">  </td> <td style="white-space: nowrap;;vertical-align:bottom;"> </td> <td style="white-space: nowrap;;text-align:right;;vertical-align:bottom;">109</td> <td style="white-space: nowrap;;vertical-align:bottom;"> </td> <td style="width: 2%;;vertical-align:bottom;">  </td> <td style="white-space: nowrap;;vertical-align:bottom;"> </td> <td style="white-space: nowrap;;text-align:right;;vertical-align:bottom;">—  </td> <td style="white-space: nowrap;;vertical-align:bottom;"> </td> <td style="width: 2%;;vertical-align:bottom;">  </td> <td style="white-space: nowrap;;vertical-align:bottom;"> </td> <td style="white-space: nowrap;;text-align:right;;vertical-align:bottom;">217</td> <td style="white-space: nowrap;;vertical-align:bottom;"> </td> <td style="width: 2%;;vertical-align:bottom;">  </td> <td style="white-space: nowrap;;vertical-align:bottom;"> </td> <td style="white-space: nowrap;;text-align:right;;vertical-align:bottom;">—  </td> <td style="white-space: nowrap;;vertical-align:bottom;"> </td> </tr> <tr style="font-size: 1px;"> <td style="font-family: &quot;Times New Roman&quot;; width: 68%;;vertical-align:bottom;"> </td> <td style="width: 2%;;vertical-align:bottom;">  </td> <td style="vertical-align:bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 1px solid rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div> </td> <td style="vertical-align:bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 1px solid rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div> </td> <td> </td> <td style="width: 2%;;vertical-align:bottom;">  </td> <td style="vertical-align:bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 1px solid rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div> </td> <td style="vertical-align:bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 1px solid rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div> </td> <td> </td> <td style="width: 2%;;vertical-align:bottom;">  </td> <td style="vertical-align:bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 1px solid rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div> </td> <td style="vertical-align:bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 1px solid rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div> </td> <td> </td> <td style="width: 2%;;vertical-align:bottom;">  </td> <td style="vertical-align:bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 1px solid rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div> </td> <td style="vertical-align:bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 1px solid rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div> </td> <td> </td> </tr> <tr style="font-family: Times New Roman; font-size: 10pt; page-break-inside: avoid;;background-color:#cceeff;"> <td style="background-color: rgb(204, 238, 255); width: 68%;;vertical-align:bottom;"> <div style="text-indent: -1em; font-family: &quot;Times New Roman&quot;; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: &quot;Times New Roman&quot;; font-size: 10pt; letter-spacing: 0px; top: 0px; background-color: rgb(204, 238, 255);;display:inline;"><div style="font-weight:bold;display:inline;">Total revenue</div></div></div> </td> <td style="background-color: rgb(204, 238, 255); width: 2%;;vertical-align:bottom;">  </td> <td style="background-color: rgb(204, 238, 255);;vertical-align:bottom;"><div style="font-weight:bold;display:inline;"> </div></td> <td style="background-color: rgb(204, 238, 255);;text-align:right;;vertical-align:bottom;"><div style="font-weight:bold;display:inline;">1,022</div></td> <td style="white-space: nowrap; background-color: rgb(204, 238, 255);;vertical-align:bottom;"><div style="font-weight:bold;display:inline;"> </div></td> <td style="background-color: rgb(204, 238, 255); width: 2%;;vertical-align:bottom;">  </td> <td style="background-color: rgb(204, 238, 255);;vertical-align:bottom;"><div style="font-weight:bold;display:inline;"> </div></td> <td style="background-color: rgb(204, 238, 255);;text-align:right;;vertical-align:bottom;"><div style="font-weight:bold;display:inline;">1,436</div></td> <td style="white-space: nowrap; background-color: rgb(204, 238, 255);;vertical-align:bottom;"><div style="font-weight:bold;display:inline;"> </div></td> <td style="background-color: rgb(204, 238, 255); width: 2%;;vertical-align:bottom;">  </td> <td style="background-color: rgb(204, 238, 255);;vertical-align:bottom;"><div style="font-weight:bold;display:inline;"> </div></td> <td style="background-color: rgb(204, 238, 255);;text-align:right;;vertical-align:bottom;"><div style="font-weight:bold;display:inline;">1,767</div></td> <td style="white-space: nowrap; background-color: rgb(204, 238, 255);;vertical-align:bottom;"><div style="font-weight:bold;display:inline;"> </div></td> <td style="background-color: rgb(204, 238, 255); width: 2%;;vertical-align:bottom;">  </td> <td style="background-color: rgb(204, 238, 255);;vertical-align:bottom;"><div style="font-weight:bold;display:inline;"> </div></td> <td style="background-color: rgb(204, 238, 255);;text-align:right;;vertical-align:bottom;"><div style="font-weight:bold;display:inline;">3,661</div></td> <td style="white-space: nowrap; background-color: rgb(204, 238, 255);;vertical-align:bottom;"><div style="font-weight:bold;display:inline;"> </div></td> </tr> <tr style="font-size: 1px;"> <td style="font-family: &quot;Times New Roman&quot;; width: 68%;;vertical-align:bottom;"> </td> <td style="width: 2%;;vertical-align:bottom;">  </td> <td style="vertical-align:bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 3px double rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div> </td> <td style="vertical-align:bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 3px double rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div> </td> <td> </td> <td style="width: 2%;;vertical-align:bottom;">  </td> <td style="vertical-align:bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 3px double rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div> </td> <td style="vertical-align:bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 3px double rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div> </td> <td> </td> <td style="width: 2%;;vertical-align:bottom;">  </td> <td style="vertical-align:bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 3px double rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div> </td> <td style="vertical-align:bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 3px double rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div> </td> <td> </td> <td style="width: 2%;;vertical-align:bottom;">  </td> <td style="vertical-align:bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 3px double rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div> </td> <td style="vertical-align:bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 3px double rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div> </td> <td> </td> </tr> <tr style="font-family: Times New Roman; font-size: 10pt; page-break-inside: avoid;"> <td style="width: 68%;;vertical-align:top;"> <div style="text-indent: -1em; font-family: &quot;Times New Roman&quot;; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: &quot;Times New Roman&quot;; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;">Revenue by geographical location</div></div></div> </td> <td style="width: 2%;;vertical-align:bottom;">  </td> <td style="font-family: &quot;Times New Roman&quot;;;vertical-align:bottom;"> </td> <td style="font-family: &quot;Times New Roman&quot;;;vertical-align:bottom;"> </td> <td style="font-family: &quot;Times New Roman&quot;;;vertical-align:bottom;"> </td> <td style="width: 2%;;vertical-align:bottom;">  </td> <td style="font-family: &quot;Times New Roman&quot;;;vertical-align:bottom;"> </td> <td style="font-family: &quot;Times New Roman&quot;;;vertical-align:bottom;"> </td> <td style="font-family: &quot;Times New Roman&quot;;;vertical-align:bottom;"> </td> <td style="width: 2%;;vertical-align:bottom;">  </td> <td style="font-family: &quot;Times New Roman&quot;;;vertical-align:bottom;"> </td> <td style="font-family: &quot;Times New Roman&quot;;;vertical-align:bottom;"> </td> <td style="font-family: &quot;Times New Roman&quot;;;vertical-align:bottom;"> </td> <td style="width: 2%;;vertical-align:bottom;">  </td> <td style="font-family: &quot;Times New Roman&quot;;;vertical-align:bottom;"> </td> <td style="font-family: &quot;Times New Roman&quot;;;vertical-align:bottom;"> </td> <td style="font-family: &quot;Times New Roman&quot;;;vertical-align:bottom;"> </td> </tr> <tr style="font-family: Times New Roman; font-size: 10pt; page-break-inside: avoid;;background-color:#cceeff;"> <td style="background-color: rgb(204, 238, 255); width: 68%;;vertical-align:top;"> <div style="text-indent: -1em; font-family: &quot;Times New Roman&quot;; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: &quot;Times New Roman&quot;; font-size: 10pt; letter-spacing: 0px; top: 0px; background-color: rgb(204, 238, 255);;display:inline;">North America</div></div> </td> <td style="background-color: rgb(204, 238, 255); width: 2%;;vertical-align:bottom;">  </td> <td style="white-space: nowrap; background-color: rgb(204, 238, 255);;vertical-align:bottom;"> </td> <td style="white-space: nowrap; background-color: rgb(204, 238, 255);;text-align:right;;vertical-align:bottom;">688</td> <td style="white-space: nowrap; background-color: rgb(204, 238, 255);;vertical-align:bottom;"> </td> <td style="background-color: rgb(204, 238, 255); width: 2%;;vertical-align:bottom;">  </td> <td style="white-space: nowrap; background-color: rgb(204, 238, 255);;vertical-align:bottom;"> </td> <td style="white-space: nowrap; background-color: rgb(204, 238, 255);;text-align:right;;vertical-align:bottom;">657</td> <td style="white-space: nowrap; background-color: rgb(204, 238, 255);;vertical-align:bottom;"> </td> <td style="background-color: rgb(204, 238, 255); width: 2%;;vertical-align:bottom;">  </td> <td style="white-space: nowrap; background-color: rgb(204, 238, 255);;vertical-align:bottom;"> </td> <td style="white-space: nowrap; background-color: rgb(204, 238, 255);;text-align:right;;vertical-align:bottom;">1,373</td> <td style="white-space: nowrap; background-color: rgb(204, 238, 255);;vertical-align:bottom;"> </td> <td style="background-color: rgb(204, 238, 255); width: 2%;;vertical-align:bottom;">  </td> <td style="white-space: nowrap; background-color: rgb(204, 238, 255);;vertical-align:bottom;"> </td> <td style="white-space: nowrap; background-color: rgb(204, 238, 255);;text-align:right;;vertical-align:bottom;">1,324</td> <td style="white-space: nowrap; background-color: rgb(204, 238, 255);;vertical-align:bottom;"> </td> </tr> <tr style="font-family: Times New Roman; font-size: 10pt; page-break-inside: avoid;"> <td style="width: 68%;;vertical-align:top;"> <div style="text-indent: -1em; font-family: &quot;Times New Roman&quot;; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: &quot;Times New Roman&quot;; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">China</div></div> </td> <td style="width: 2%;;vertical-align:bottom;">  </td> <td style="white-space: nowrap;;vertical-align:bottom;"> </td> <td style="white-space: nowrap;;text-align:right;;vertical-align:bottom;">334</td> <td style="white-space: nowrap;;vertical-align:bottom;"> </td> <td style="width: 2%;;vertical-align:bottom;">  </td> <td style="white-space: nowrap;;vertical-align:bottom;"> </td> <td style="white-space: nowrap;;text-align:right;;vertical-align:bottom;">779</td> <td style="white-space: nowrap;;vertical-align:bottom;"> </td> <td style="width: 2%;;vertical-align:bottom;">  </td> <td style="white-space: nowrap;;vertical-align:bottom;"> </td> <td style="white-space: nowrap;;text-align:right;;vertical-align:bottom;">394</td> <td style="white-space: nowrap;;vertical-align:bottom;"> </td> <td style="width: 2%;;vertical-align:bottom;">  </td> <td style="white-space: nowrap;;vertical-align:bottom;"> </td> <td style="white-space: nowrap;;text-align:right;;vertical-align:bottom;">2,337</td> <td style="white-space: nowrap;;vertical-align:bottom;"> </td> </tr> <tr style="font-size: 1px;"> <td style="font-family: &quot;Times New Roman&quot;; width: 68%;;vertical-align:bottom;"> </td> <td style="width: 2%;;vertical-align:bottom;">  </td> <td style="vertical-align:bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 1px solid rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div> </td> <td style="vertical-align:bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 1px solid rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div> </td> <td> </td> <td style="width: 2%;;vertical-align:bottom;">  </td> <td style="vertical-align:bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 1px solid rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div> </td> <td style="vertical-align:bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 1px solid rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div> </td> <td> </td> <td style="width: 2%;;vertical-align:bottom;">  </td> <td style="vertical-align:bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 1px solid rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div> </td> <td style="vertical-align:bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 1px solid rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div> </td> <td> </td> <td style="width: 2%;;vertical-align:bottom;">  </td> <td style="vertical-align:bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 1px solid rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div> </td> <td style="vertical-align:bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 1px solid rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div> </td> <td> </td> </tr> <tr style="font-family: Times New Roman; font-size: 10pt; page-break-inside: avoid;;background-color:#cceeff;"> <td style="background-color: rgb(204, 238, 255); width: 68%;;vertical-align:bottom;"> <div style="text-indent: -1em; font-family: &quot;Times New Roman&quot;; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: &quot;Times New Roman&quot;; font-size: 10pt; letter-spacing: 0px; top: 0px; background-color: rgb(204, 238, 255);;display:inline;"><div style="font-weight:bold;display:inline;">Total revenue</div></div></div> </td> <td style="background-color: rgb(204, 238, 255); width: 2%;;vertical-align:bottom;">  </td> <td style="background-color: rgb(204, 238, 255);;vertical-align:bottom;"><div style="font-weight:bold;display:inline;"> </div></td> <td style="background-color: rgb(204, 238, 255);;text-align:right;;vertical-align:bottom;"><div style="font-weight:bold;display:inline;">1,022</div></td> <td style="white-space: nowrap; background-color: rgb(204, 238, 255);;vertical-align:bottom;"><div style="font-weight:bold;display:inline;"> </div></td> <td style="background-color: rgb(204, 238, 255); width: 2%;;vertical-align:bottom;">  </td> <td style="background-color: rgb(204, 238, 255);;vertical-align:bottom;"><div style="font-weight:bold;display:inline;"> </div></td> <td style="background-color: rgb(204, 238, 255);;text-align:right;;vertical-align:bottom;"><div style="font-weight:bold;display:inline;">1,436</div></td> <td style="white-space: nowrap; background-color: rgb(204, 238, 255);;vertical-align:bottom;"><div style="font-weight:bold;display:inline;"> </div></td> <td style="background-color: rgb(204, 238, 255); width: 2%;;vertical-align:bottom;">  </td> <td style="background-color: rgb(204, 238, 255);;vertical-align:bottom;"><div style="font-weight:bold;display:inline;"> </div></td> <td style="background-color: rgb(204, 238, 255);;text-align:right;;vertical-align:bottom;"><div style="font-weight:bold;display:inline;">1,767</div></td> <td style="white-space: nowrap; background-color: rgb(204, 238, 255);;vertical-align:bottom;"><div style="font-weight:bold;display:inline;"> </div></td> <td style="background-color: rgb(204, 238, 255); width: 2%;;vertical-align:bottom;">  </td> <td style="background-color: rgb(204, 238, 255);;vertical-align:bottom;"><div style="font-weight:bold;display:inline;"> </div></td> <td style="background-color: rgb(204, 238, 255);;text-align:right;;vertical-align:bottom;"><div style="font-weight:bold;display:inline;">3,661</div></td> <td style="white-space: nowrap; background-color: rgb(204, 238, 255);;vertical-align:bottom;"><div style="font-weight:bold;display:inline;"> </div></td> </tr> <tr style="font-size: 1px;"> <td style="font-family: &quot;Times New Roman&quot;; width: 68%;;vertical-align:bottom;"> </td> <td style="width: 2%;;vertical-align:bottom;">  </td> <td style="vertical-align:bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 3px double rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div> </td> <td style="vertical-align:bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 3px double rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div> </td> <td> </td> <td style="width: 2%;;vertical-align:bottom;">  </td> <td style="vertical-align:bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 3px double rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div> </td> <td style="vertical-align:bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 3px double rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div> </td> <td> </td> <td style="width: 2%;;vertical-align:bottom;">  </td> <td style="vertical-align:bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 3px double rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div> </td> <td style="vertical-align:bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 3px double rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div> </td> <td> </td> <td style="width: 2%;;vertical-align:bottom;">  </td> <td style="vertical-align:bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 3px double rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div> </td> <td style="vertical-align:bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 3px double rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div> </td> <td> </td> </tr> </table> <div style="clear: both; max-height: 0px; text-indent: 0px;"/> <div style="margin-top: 1em; margin-bottom: 1em"/> <div style="clear: both; max-height: 0px; text-indent: 0px;"/> <div style="clear: both; max-height: 0px;"/> <div style="font-size: 6pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 6pt; letter-spacing: 0px; top: 0px;;display:inline;"> </div></div> <table border="0" cellpadding="0" cellspacing="0" style="font-family: &quot;Times New Roman&quot;; font-size: 10pt; border-collapse: collapse; border-spacing: 0px;;width:100%;"> <tr style="page-break-inside: avoid;"> <td style="text-align:left;;vertical-align:top;;width:4%;"><div style="font-size: 85%; vertical-align: top;;display:inline;;font-size:9.4px">(1)</div> </td> <td style="text-align:left;;vertical-align:top;"> <div style="font-family: &quot;Times New Roman&quot;; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;;text-align:left;"><div style="font-family: &quot;Times New Roman&quot;; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">For the three months ended June 30, 2021 and 2020, and for the six months ended June 30, 2021 and 2020, “Total revenue” includes recognition of previously deferred revenue/internal profit from associate of €579 thousand and €1,013 thousand, and of €1,155 thousand and €2,215 thousand, respectively. </div></div> </td> </tr> </table> 226000 779000 395000 2091000 217000 217000 246000 579000 657000 1155000 1324000 1022000 1436000 1767000 3661000 913000 1436000 1550000 3661000 109000 217000 1022000 1436000 1767000 3661000 688000 657000 1373000 1324000 334000 779000 394000 2337000 1022000 1436000 1767000 3661000 579000 1013000 1155000 2215000 <div style="font-family: Times New Roman; font-size: 10pt; margin-top: 18pt; margin-bottom: 0pt;"><div style="font-family: &quot;Times New Roman&quot;; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;">Note 6—Segment Information </div></div></div> <div style="font-family: Times New Roman; font-size: 10pt; margin-top: 6pt; margin-bottom: 0pt;"><div style="font-family: &quot;Times New Roman&quot;; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">The Company is managed and operated as one business unit. No separate business areas or separate business units have been identified in relation to product candidates or geographical markets. Accordingly, no additional information on business segments or geographical areas is disclosed. </div></div> 1 <div style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-family: &quot;Times New Roman&quot;; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;">Note 7—Warrants and Share-based Payment </div></div></div> <div style="font-family: Times New Roman; font-size: 10pt; margin-top: 6pt; margin-bottom: 0pt;"><div style="font-weight:bold;display:inline;"><div style="font-style:italic;display:inline;"><div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">Share-based</div> Payment </div></div></div> <div style="font-family: Times New Roman; font-size: 10pt; margin-top: 6pt; margin-bottom: 0pt;"><div style="font-family: &quot;Times New Roman&quot;; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Ascendis Pharma A/S has established warrant programs and equity-settled share-based payment transactions, as an incentive for all its employees, members of its Board of Directors and select external consultants. </div></div> <div style="font-family: Times New Roman; font-size: 10pt; margin-top: 12pt; margin-bottom: 0pt;"><div style="font-family: &quot;Times New Roman&quot;; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Warrants are granted by the Company’s Board of Directors in accordance with authorizations given to it by the shareholders of the Company. As of June 30, 2021, 11,023,308 warrants have been granted, of which 19,580 warrants have been cancelled, 4,327,249 warrants have been exercised, 2,168 warrants have expired without being exercised, and 608,488 warrants have been forfeited. As of June 30, 2021, the Company’s Board of Directors was authorized to grant up to 2,603,979 additional warrants to employees, board members and select consultants without preemptive subscription rights for the shareholders of the Company. Each warrant carries the right to subscribe for one ordinary share of a nominal value of DKK 1. The exercise price is fixed at the fair market value of the Company’s ordinary shares at the time of grant as determined by the Company’s Board of Directors. The exercise prices of outstanding warrants under the Company’s warrant programs range from €6.48 to €145.5 depending on the grant dates. Vested warrants may be exercised in two or four annual exercise periods. Apart from exercise prices and exercise periods, the programs are similar. </div></div> <div style="font-family: Times New Roman; font-size: 10pt; margin-top: 18pt; margin-bottom: 0pt;"><div style="letter-spacing: 0px; font-size: 10pt;;font-weight:bold;display:inline;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-style:italic;display:inline;">Warrant Activity</div></div></div></div> <div style="font-family: &quot;Times New Roman&quot;; font-size: 10pt; margin-top: 6pt; margin-bottom: 0pt; text-indent: 0px;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-family: &quot;Times New Roman&quot;; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">The following table specifies the warrant activity during the six months ended June 30, 2021: </div></div></div> <div style="font-size: 12pt; margin-top: 0pt; margin-bottom: 0pt; text-indent: 0px;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-size: 12pt; letter-spacing: 0px; top: 0px;;display:inline;"> </div></div></div> <table cellpadding="0" cellspacing="0" style="margin: 0px auto; border: 0px currentcolor; font-family: &quot;Times New Roman&quot;; font-size: 10pt; border-collapse: collapse; border-spacing: 0px; text-indent: 0px;;width:100%;"> <tr style="font-size: 0px;"> <td style="width: 74%;"/> <td style="width: 1%; vertical-align: bottom;"/> <td/> <td/> <td/> <td style="width: 1%; vertical-align: bottom;"/> <td/> <td/> <td/> </tr> <tr style="font-family: Times New Roman; font-size: 8pt; page-break-inside: avoid;"> <td style="vertical-align: bottom; padding-bottom: 1pt;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></td> <td style="vertical-align: bottom; padding-bottom: 1pt;"><div style="letter-spacing: 0px; top: 0px;;display:inline;">  </div></td> <td colspan="2" style="vertical-align: bottom; border-bottom: 1pt solid rgb(0, 0, 0);;text-align:center;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;">Total</div></div><br/> <div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;">Warrants</div></div></div></td> <td style="vertical-align: bottom; padding-bottom: 1pt;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></td> <td style="vertical-align: bottom; padding-bottom: 1pt;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></td> <td colspan="2" style="vertical-align: bottom; border-bottom: 1pt solid rgb(0, 0, 0);;text-align:center;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;">Weighted Average<br/> Exercise Price<br/> EUR</div></div></div></td> <td style="vertical-align: bottom; padding-bottom: 1pt;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></td> </tr> <tr style="color: white; line-height: 0pt; visibility: hidden;"> <td style="width: 74%; font-family: &quot;Times New Roman&quot;;"> </td> <td style="width: 1%; vertical-align: bottom; font-family: &quot;Times New Roman&quot;;"> </td> <td style="font-family: &quot;Times New Roman&quot;;"> </td> <td style="white-space: nowrap;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;">                                </div></div></td> <td style="font-family: &quot;Times New Roman&quot;;"> </td> <td style="width: 1%; vertical-align: bottom; font-family: &quot;Times New Roman&quot;;"> </td> <td style="font-family: &quot;Times New Roman&quot;;"> </td> <td style="white-space: nowrap;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;">                                </div></div></td> <td style="font-family: &quot;Times New Roman&quot;;"> </td> </tr> <tr style="font-family: Times New Roman; font-size: 10pt; page-break-inside: avoid;;background-color:#cceeff;"> <td style="background-color: rgb(204, 238, 255); width: 74%;;vertical-align:bottom;"> <div style="text-indent: -1em; font-family: &quot;Times New Roman&quot;; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: &quot;Times New Roman&quot;; font-size: 10pt; letter-spacing: 0px; top: 0px; background-color: rgb(204, 238, 255);;display:inline;"><div style="font-weight:bold;display:inline;">Outstanding at January 1, 2021</div></div></div> </td> <td style="background-color: rgb(204, 238, 255); width: 1%;;vertical-align:bottom;">  </td> <td style="background-color: rgb(204, 238, 255);;vertical-align:bottom;"><div style="font-weight:bold;display:inline;"> </div></td> <td style="background-color: rgb(204, 238, 255);;text-align:right;;vertical-align:bottom;"><div style="font-weight:bold;display:inline;">6,148,004</div></td> <td style="white-space: nowrap; background-color: rgb(204, 238, 255);;vertical-align:bottom;"><div style="font-weight:bold;display:inline;"> </div></td> <td style="background-color: rgb(204, 238, 255); width: 1%;;vertical-align:bottom;">  </td> <td style="background-color: rgb(204, 238, 255);;vertical-align:bottom;"><div style="font-weight:bold;display:inline;"> </div></td> <td style="background-color: rgb(204, 238, 255);;text-align:right;;vertical-align:bottom;"><div style="font-weight:bold;display:inline;">69.97</div></td> <td style="white-space: nowrap; background-color: rgb(204, 238, 255);;vertical-align:bottom;"><div style="font-weight:bold;display:inline;"> </div></td> </tr> <tr style="font-size: 1px;"> <td style="font-family: &quot;Times New Roman&quot;; width: 74%;;vertical-align:bottom;"> </td> <td style="width: 1%;;vertical-align:bottom;">  </td> <td style="vertical-align:bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 1px solid rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div> </td> <td style="vertical-align:bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 1px solid rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div> </td> <td> </td> <td style="width: 1%;;vertical-align:bottom;">  </td> <td style="vertical-align:bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 1px solid rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div> </td> <td style="vertical-align:bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 1px solid rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div> </td> <td> </td> </tr> <tr style="font-family: Times New Roman; font-size: 10pt; page-break-inside: avoid;"> <td style="width: 74%;;vertical-align:top;"> <div style="text-indent: -1em; font-family: &quot;Times New Roman&quot;; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: &quot;Times New Roman&quot;; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Granted during the period</div></div> </td> <td style="width: 1%;;vertical-align:bottom;">  </td> <td style="white-space: nowrap;;vertical-align:bottom;"> </td> <td style="white-space: nowrap;;text-align:right;;vertical-align:bottom;">158,590</td> <td style="white-space: nowrap;;vertical-align:bottom;"> </td> <td style="width: 1%;;vertical-align:bottom;">  </td> <td style="white-space: nowrap;;vertical-align:bottom;"> </td> <td style="white-space: nowrap;;text-align:right;;vertical-align:bottom;">120.15</td> <td style="white-space: nowrap;;vertical-align:bottom;"> </td> </tr> <tr style="font-family: Times New Roman; font-size: 10pt; page-break-inside: avoid;;background-color:#cceeff;"> <td style="background-color: rgb(204, 238, 255); width: 74%;;vertical-align:top;"> <div style="text-indent: -1em; font-family: &quot;Times New Roman&quot;; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: &quot;Times New Roman&quot;; font-size: 10pt; letter-spacing: 0px; top: 0px; background-color: rgb(204, 238, 255);;display:inline;">Exercised during the period</div></div> </td> <td style="background-color: rgb(204, 238, 255); width: 1%;;vertical-align:bottom;">  </td> <td style="white-space: nowrap; background-color: rgb(204, 238, 255);;vertical-align:bottom;"> </td> <td style="white-space: nowrap; background-color: rgb(204, 238, 255);;text-align:right;;vertical-align:bottom;">(150,604</td> <td style="white-space: nowrap; background-color: rgb(204, 238, 255);;vertical-align:bottom;">) </td> <td style="background-color: rgb(204, 238, 255); width: 1%;;vertical-align:bottom;">  </td> <td style="white-space: nowrap; background-color: rgb(204, 238, 255);;vertical-align:bottom;"> </td> <td style="white-space: nowrap; background-color: rgb(204, 238, 255);;text-align:right;;vertical-align:bottom;">33.51</td> <td style="white-space: nowrap; background-color: rgb(204, 238, 255);;vertical-align:bottom;"> </td> </tr> <tr style="font-family: Times New Roman; font-size: 10pt; page-break-inside: avoid;"> <td style="width: 74%;;vertical-align:top;"> <div style="text-indent: -1em; font-family: &quot;Times New Roman&quot;; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: &quot;Times New Roman&quot;; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Forfeited during the period</div></div> </td> <td style="width: 1%;;vertical-align:bottom;">  </td> <td style="white-space: nowrap;;vertical-align:bottom;"> </td> <td style="white-space: nowrap;;text-align:right;;vertical-align:bottom;">(90,167</td> <td style="white-space: nowrap;;vertical-align:bottom;">) </td> <td style="width: 1%;;vertical-align:bottom;">  </td> <td style="white-space: nowrap;;vertical-align:bottom;"> </td> <td style="white-space: nowrap;;text-align:right;;vertical-align:bottom;">121.80</td> <td style="white-space: nowrap;;vertical-align:bottom;"> </td> </tr> <tr style="font-size: 1px;"> <td style="vertical-align: bottom; font-family: &quot;Times New Roman&quot;; width: 74%;"> </td> <td style="vertical-align: bottom; width: 1%;">  </td> <td style="vertical-align: bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 1px solid rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div> </td> <td style="vertical-align: bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 1px solid rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div> </td> <td> </td> <td style="vertical-align: bottom; width: 1%;"> </td> <td style="vertical-align: bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 1px solid rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div> </td> <td style="vertical-align: bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 1px solid rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div> </td> <td> </td> </tr> <tr style="font-family: Times New Roman; font-size: 10pt; page-break-inside: avoid;"> <td style="background-color: rgb(204, 238, 255); width: 74%;;vertical-align:bottom;"> <div style="text-indent: -1em; font-family: &quot;Times New Roman&quot;; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: &quot;Times New Roman&quot;; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;">Outstanding at June 30, 2021</div></div></div> </td> <td style="background-color: rgb(204, 238, 255); width: 1%;;vertical-align:bottom;">  </td> <td style="background-color: rgb(204, 238, 255);;vertical-align:bottom;"><div style="font-weight:bold;display:inline;"> </div></td> <td style="background-color: rgb(204, 238, 255);;text-align:right;;vertical-align:bottom;"><div style="font-weight:bold;display:inline;">6,065,823</div></td> <td style="white-space: nowrap; background-color: rgb(204, 238, 255);;vertical-align:bottom;"><div style="font-weight:bold;display:inline;"> </div></td> <td style="background-color: rgb(204, 238, 255); width: 1%;;vertical-align:bottom;">  </td> <td style="background-color: rgb(204, 238, 255);;vertical-align:bottom;"><div style="font-weight:bold;display:inline;"> </div></td> <td style="background-color: rgb(204, 238, 255);;text-align:right;;vertical-align:bottom;"><div style="font-weight:bold;display:inline;">71.04</div></td> <td style="white-space: nowrap; background-color: rgb(204, 238, 255);;vertical-align:bottom;"><div style="font-weight:bold;display:inline;"> </div></td> </tr> <tr style="font-size: 1px;"> <td style="font-family: &quot;Times New Roman&quot;; background-color: rgba(255, 255, 255, 0); width: 74%;;vertical-align:bottom;"> </td> <td style="background-color: rgba(255, 255, 255, 0); width: 1%;;vertical-align:bottom;">  </td> <td style="background-color: rgba(255, 255, 255, 0);;vertical-align:bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 3px double rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div> </td> <td style="background-color: rgba(255, 255, 255, 0);;vertical-align:bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 3px double rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div> </td> <td style="background-color: rgba(255, 255, 255, 0);"> </td> <td style="background-color: rgba(255, 255, 255, 0); width: 1%;;vertical-align:bottom;">  </td> <td style="background-color: rgba(255, 255, 255, 0);;vertical-align:bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 3px double rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div> </td> <td style="background-color: rgba(255, 255, 255, 0);;vertical-align:bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 3px double rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div> </td> <td style="background-color: rgba(255, 255, 255, 0);"> </td> </tr> <tr style="font-family: Times New Roman; font-size: 10pt; page-break-inside: avoid;"> <td style="background-color: rgba(255, 255, 255, 0); width: 74%;;vertical-align:bottom;"> <div style="text-indent: -1em; font-family: &quot;Times New Roman&quot;; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: &quot;Times New Roman&quot;; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;">Vested at June 30, 2021</div></div></div> </td> <td style="background-color: rgba(255, 255, 255, 0); width: 1%;;vertical-align:bottom;">  </td> <td style="background-color: rgba(255, 255, 255, 0);;vertical-align:bottom;"><div style="font-weight:bold;display:inline;"> </div></td> <td style="background-color: rgba(255, 255, 255, 0);;text-align:right;;vertical-align:bottom;"><div style="font-weight:bold;display:inline;">3,565,573</div></td> <td style="white-space: nowrap; background-color: rgba(255, 255, 255, 0);;vertical-align:bottom;"><div style="font-weight:bold;display:inline;"> </div></td> <td style="background-color: rgba(255, 255, 255, 0); width: 1%;;vertical-align:bottom;">  </td> <td style="background-color: rgba(255, 255, 255, 0);;vertical-align:bottom;"><div style="font-weight:bold;display:inline;"> </div></td> <td style="background-color: rgba(255, 255, 255, 0);;text-align:right;;vertical-align:bottom;"><div style="font-weight:bold;display:inline;">46.23</div></td> <td style="white-space: nowrap; background-color: rgba(255, 255, 255, 0);;vertical-align:bottom;"><div style="font-weight:bold;display:inline;"> </div></td> </tr> <tr style="font-size: 1px;"> <td style="font-family: &quot;Times New Roman&quot;; background-color: rgba(255, 255, 255, 0); width: 74%;;vertical-align:bottom;"> </td> <td style="background-color: rgba(255, 255, 255, 0); width: 1%;;vertical-align:bottom;">  </td> <td style="background-color: rgba(255, 255, 255, 0);;vertical-align:bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 3px double rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div> </td> <td style="background-color: rgba(255, 255, 255, 0);;vertical-align:bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 3px double rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div> </td> <td style="background-color: rgba(255, 255, 255, 0);"> </td> <td style="background-color: rgba(255, 255, 255, 0); width: 1%;;vertical-align:bottom;">  </td> <td style="background-color: rgba(255, 255, 255, 0);;vertical-align:bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 3px double rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div> </td> <td style="background-color: rgba(255, 255, 255, 0);;vertical-align:bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 3px double rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div> </td> <td style="background-color: rgba(255, 255, 255, 0);"> </td> </tr> </table> <div style="clear: both; max-height: 0px; text-indent: 0px;"/> <div style="font-family: &quot;Times New Roman&quot;; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;"> </div> <div style="font-size: 12pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 12pt; letter-spacing: 0px; top: 0px;;display:inline;"> </div></div> <div style="font-family: Times New Roman; font-size: 10pt; margin-top: 18pt; margin-bottom: 0pt;"><div style="font-family: &quot;Times New Roman&quot;; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;"><div style="font-style:italic;display:inline;">Warrant Compensation Costs </div></div></div></div> <div style="font-family: Times New Roman; font-size: 10pt; margin-top: 6pt; margin-bottom: 0pt;"><div style="font-family: &quot;Times New Roman&quot;; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Warrant compensation costs are determined with a basis in the grant date fair value of the warrants granted and recognized over the vesting period as research and development costs or as selling, general and administrative expenses. For the three months ended June <div style="letter-spacing: 0px; top: 0px;;display:inline;">30</div>, 2021 and 2020, and for the six months ended June 30, 2021 and 2020, warrant compensation costs recognized in the consolidated interim statement of profit or loss was €16,320 thousand and €13,415 thousand, and €39,396 thousand and €28,364 thousand, respectively. </div></div> 11023308 19580 4327249 2168 608488 2603979 1 6.48 145.5 <div style="font-family: &quot;Times New Roman&quot;; font-size: 10pt; margin-top: 6pt; margin-bottom: 0pt; text-indent: 0px;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-family: &quot;Times New Roman&quot;; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">The following table specifies the warrant activity during the six months ended June 30, 2021: </div></div></div> <div style="font-size: 12pt; margin-top: 0pt; margin-bottom: 0pt; text-indent: 0px;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-size: 12pt; letter-spacing: 0px; top: 0px;;display:inline;"> </div></div></div> <table cellpadding="0" cellspacing="0" style="margin: 0px auto; border: 0px currentcolor; font-family: &quot;Times New Roman&quot;; font-size: 10pt; border-collapse: collapse; border-spacing: 0px; text-indent: 0px;;width:100%;"> <tr style="font-size: 0px;"> <td style="width: 74%;"/> <td style="width: 1%; vertical-align: bottom;"/> <td/> <td/> <td/> <td style="width: 1%; vertical-align: bottom;"/> <td/> <td/> <td/> </tr> <tr style="font-family: Times New Roman; font-size: 8pt; page-break-inside: avoid;"> <td style="vertical-align: bottom; padding-bottom: 1pt;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></td> <td style="vertical-align: bottom; padding-bottom: 1pt;"><div style="letter-spacing: 0px; top: 0px;;display:inline;">  </div></td> <td colspan="2" style="vertical-align: bottom; border-bottom: 1pt solid rgb(0, 0, 0);;text-align:center;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;">Total</div></div><br/> <div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;">Warrants</div></div></div></td> <td style="vertical-align: bottom; padding-bottom: 1pt;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></td> <td style="vertical-align: bottom; padding-bottom: 1pt;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></td> <td colspan="2" style="vertical-align: bottom; border-bottom: 1pt solid rgb(0, 0, 0);;text-align:center;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;">Weighted Average<br/> Exercise Price<br/> EUR</div></div></div></td> <td style="vertical-align: bottom; padding-bottom: 1pt;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></td> </tr> <tr style="color: white; line-height: 0pt; visibility: hidden;"> <td style="width: 74%; font-family: &quot;Times New Roman&quot;;"> </td> <td style="width: 1%; vertical-align: bottom; font-family: &quot;Times New Roman&quot;;"> </td> <td style="font-family: &quot;Times New Roman&quot;;"> </td> <td style="white-space: nowrap;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;">                                </div></div></td> <td style="font-family: &quot;Times New Roman&quot;;"> </td> <td style="width: 1%; vertical-align: bottom; font-family: &quot;Times New Roman&quot;;"> </td> <td style="font-family: &quot;Times New Roman&quot;;"> </td> <td style="white-space: nowrap;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;">                                </div></div></td> <td style="font-family: &quot;Times New Roman&quot;;"> </td> </tr> <tr style="font-family: Times New Roman; font-size: 10pt; page-break-inside: avoid;;background-color:#cceeff;"> <td style="background-color: rgb(204, 238, 255); width: 74%;;vertical-align:bottom;"> <div style="text-indent: -1em; font-family: &quot;Times New Roman&quot;; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: &quot;Times New Roman&quot;; font-size: 10pt; letter-spacing: 0px; top: 0px; background-color: rgb(204, 238, 255);;display:inline;"><div style="font-weight:bold;display:inline;">Outstanding at January 1, 2021</div></div></div> </td> <td style="background-color: rgb(204, 238, 255); width: 1%;;vertical-align:bottom;">  </td> <td style="background-color: rgb(204, 238, 255);;vertical-align:bottom;"><div style="font-weight:bold;display:inline;"> </div></td> <td style="background-color: rgb(204, 238, 255);;text-align:right;;vertical-align:bottom;"><div style="font-weight:bold;display:inline;">6,148,004</div></td> <td style="white-space: nowrap; background-color: rgb(204, 238, 255);;vertical-align:bottom;"><div style="font-weight:bold;display:inline;"> </div></td> <td style="background-color: rgb(204, 238, 255); width: 1%;;vertical-align:bottom;">  </td> <td style="background-color: rgb(204, 238, 255);;vertical-align:bottom;"><div style="font-weight:bold;display:inline;"> </div></td> <td style="background-color: rgb(204, 238, 255);;text-align:right;;vertical-align:bottom;"><div style="font-weight:bold;display:inline;">69.97</div></td> <td style="white-space: nowrap; background-color: rgb(204, 238, 255);;vertical-align:bottom;"><div style="font-weight:bold;display:inline;"> </div></td> </tr> <tr style="font-size: 1px;"> <td style="font-family: &quot;Times New Roman&quot;; width: 74%;;vertical-align:bottom;"> </td> <td style="width: 1%;;vertical-align:bottom;">  </td> <td style="vertical-align:bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 1px solid rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div> </td> <td style="vertical-align:bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 1px solid rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div> </td> <td> </td> <td style="width: 1%;;vertical-align:bottom;">  </td> <td style="vertical-align:bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 1px solid rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div> </td> <td style="vertical-align:bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 1px solid rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div> </td> <td> </td> </tr> <tr style="font-family: Times New Roman; font-size: 10pt; page-break-inside: avoid;"> <td style="width: 74%;;vertical-align:top;"> <div style="text-indent: -1em; font-family: &quot;Times New Roman&quot;; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: &quot;Times New Roman&quot;; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Granted during the period</div></div> </td> <td style="width: 1%;;vertical-align:bottom;">  </td> <td style="white-space: nowrap;;vertical-align:bottom;"> </td> <td style="white-space: nowrap;;text-align:right;;vertical-align:bottom;">158,590</td> <td style="white-space: nowrap;;vertical-align:bottom;"> </td> <td style="width: 1%;;vertical-align:bottom;">  </td> <td style="white-space: nowrap;;vertical-align:bottom;"> </td> <td style="white-space: nowrap;;text-align:right;;vertical-align:bottom;">120.15</td> <td style="white-space: nowrap;;vertical-align:bottom;"> </td> </tr> <tr style="font-family: Times New Roman; font-size: 10pt; page-break-inside: avoid;;background-color:#cceeff;"> <td style="background-color: rgb(204, 238, 255); width: 74%;;vertical-align:top;"> <div style="text-indent: -1em; font-family: &quot;Times New Roman&quot;; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: &quot;Times New Roman&quot;; font-size: 10pt; letter-spacing: 0px; top: 0px; background-color: rgb(204, 238, 255);;display:inline;">Exercised during the period</div></div> </td> <td style="background-color: rgb(204, 238, 255); width: 1%;;vertical-align:bottom;">  </td> <td style="white-space: nowrap; background-color: rgb(204, 238, 255);;vertical-align:bottom;"> </td> <td style="white-space: nowrap; background-color: rgb(204, 238, 255);;text-align:right;;vertical-align:bottom;">(150,604</td> <td style="white-space: nowrap; background-color: rgb(204, 238, 255);;vertical-align:bottom;">) </td> <td style="background-color: rgb(204, 238, 255); width: 1%;;vertical-align:bottom;">  </td> <td style="white-space: nowrap; background-color: rgb(204, 238, 255);;vertical-align:bottom;"> </td> <td style="white-space: nowrap; background-color: rgb(204, 238, 255);;text-align:right;;vertical-align:bottom;">33.51</td> <td style="white-space: nowrap; background-color: rgb(204, 238, 255);;vertical-align:bottom;"> </td> </tr> <tr style="font-family: Times New Roman; font-size: 10pt; page-break-inside: avoid;"> <td style="width: 74%;;vertical-align:top;"> <div style="text-indent: -1em; font-family: &quot;Times New Roman&quot;; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: &quot;Times New Roman&quot;; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Forfeited during the period</div></div> </td> <td style="width: 1%;;vertical-align:bottom;">  </td> <td style="white-space: nowrap;;vertical-align:bottom;"> </td> <td style="white-space: nowrap;;text-align:right;;vertical-align:bottom;">(90,167</td> <td style="white-space: nowrap;;vertical-align:bottom;">) </td> <td style="width: 1%;;vertical-align:bottom;">  </td> <td style="white-space: nowrap;;vertical-align:bottom;"> </td> <td style="white-space: nowrap;;text-align:right;;vertical-align:bottom;">121.80</td> <td style="white-space: nowrap;;vertical-align:bottom;"> </td> </tr> <tr style="font-size: 1px;"> <td style="vertical-align: bottom; font-family: &quot;Times New Roman&quot;; width: 74%;"> </td> <td style="vertical-align: bottom; width: 1%;">  </td> <td style="vertical-align: bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 1px solid rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div> </td> <td style="vertical-align: bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 1px solid rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div> </td> <td> </td> <td style="vertical-align: bottom; width: 1%;"> </td> <td style="vertical-align: bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 1px solid rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div> </td> <td style="vertical-align: bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 1px solid rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div> </td> <td> </td> </tr> <tr style="font-family: Times New Roman; font-size: 10pt; page-break-inside: avoid;"> <td style="background-color: rgb(204, 238, 255); width: 74%;;vertical-align:bottom;"> <div style="text-indent: -1em; font-family: &quot;Times New Roman&quot;; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: &quot;Times New Roman&quot;; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;">Outstanding at June 30, 2021</div></div></div> </td> <td style="background-color: rgb(204, 238, 255); width: 1%;;vertical-align:bottom;">  </td> <td style="background-color: rgb(204, 238, 255);;vertical-align:bottom;"><div style="font-weight:bold;display:inline;"> </div></td> <td style="background-color: rgb(204, 238, 255);;text-align:right;;vertical-align:bottom;"><div style="font-weight:bold;display:inline;">6,065,823</div></td> <td style="white-space: nowrap; background-color: rgb(204, 238, 255);;vertical-align:bottom;"><div style="font-weight:bold;display:inline;"> </div></td> <td style="background-color: rgb(204, 238, 255); width: 1%;;vertical-align:bottom;">  </td> <td style="background-color: rgb(204, 238, 255);;vertical-align:bottom;"><div style="font-weight:bold;display:inline;"> </div></td> <td style="background-color: rgb(204, 238, 255);;text-align:right;;vertical-align:bottom;"><div style="font-weight:bold;display:inline;">71.04</div></td> <td style="white-space: nowrap; background-color: rgb(204, 238, 255);;vertical-align:bottom;"><div style="font-weight:bold;display:inline;"> </div></td> </tr> <tr style="font-size: 1px;"> <td style="font-family: &quot;Times New Roman&quot;; background-color: rgba(255, 255, 255, 0); width: 74%;;vertical-align:bottom;"> </td> <td style="background-color: rgba(255, 255, 255, 0); width: 1%;;vertical-align:bottom;">  </td> <td style="background-color: rgba(255, 255, 255, 0);;vertical-align:bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 3px double rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div> </td> <td style="background-color: rgba(255, 255, 255, 0);;vertical-align:bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 3px double rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div> </td> <td style="background-color: rgba(255, 255, 255, 0);"> </td> <td style="background-color: rgba(255, 255, 255, 0); width: 1%;;vertical-align:bottom;">  </td> <td style="background-color: rgba(255, 255, 255, 0);;vertical-align:bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 3px double rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div> </td> <td style="background-color: rgba(255, 255, 255, 0);;vertical-align:bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 3px double rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div> </td> <td style="background-color: rgba(255, 255, 255, 0);"> </td> </tr> <tr style="font-family: Times New Roman; font-size: 10pt; page-break-inside: avoid;"> <td style="background-color: rgba(255, 255, 255, 0); width: 74%;;vertical-align:bottom;"> <div style="text-indent: -1em; font-family: &quot;Times New Roman&quot;; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: &quot;Times New Roman&quot;; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;">Vested at June 30, 2021</div></div></div> </td> <td style="background-color: rgba(255, 255, 255, 0); width: 1%;;vertical-align:bottom;">  </td> <td style="background-color: rgba(255, 255, 255, 0);;vertical-align:bottom;"><div style="font-weight:bold;display:inline;"> </div></td> <td style="background-color: rgba(255, 255, 255, 0);;text-align:right;;vertical-align:bottom;"><div style="font-weight:bold;display:inline;">3,565,573</div></td> <td style="white-space: nowrap; background-color: rgba(255, 255, 255, 0);;vertical-align:bottom;"><div style="font-weight:bold;display:inline;"> </div></td> <td style="background-color: rgba(255, 255, 255, 0); width: 1%;;vertical-align:bottom;">  </td> <td style="background-color: rgba(255, 255, 255, 0);;vertical-align:bottom;"><div style="font-weight:bold;display:inline;"> </div></td> <td style="background-color: rgba(255, 255, 255, 0);;text-align:right;;vertical-align:bottom;"><div style="font-weight:bold;display:inline;">46.23</div></td> <td style="white-space: nowrap; background-color: rgba(255, 255, 255, 0);;vertical-align:bottom;"><div style="font-weight:bold;display:inline;"> </div></td> </tr> <tr style="font-size: 1px;"> <td style="font-family: &quot;Times New Roman&quot;; background-color: rgba(255, 255, 255, 0); width: 74%;;vertical-align:bottom;"> </td> <td style="background-color: rgba(255, 255, 255, 0); width: 1%;;vertical-align:bottom;">  </td> <td style="background-color: rgba(255, 255, 255, 0);;vertical-align:bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 3px double rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div> </td> <td style="background-color: rgba(255, 255, 255, 0);;vertical-align:bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 3px double rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div> </td> <td style="background-color: rgba(255, 255, 255, 0);"> </td> <td style="background-color: rgba(255, 255, 255, 0); width: 1%;;vertical-align:bottom;">  </td> <td style="background-color: rgba(255, 255, 255, 0);;vertical-align:bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 3px double rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div> </td> <td style="background-color: rgba(255, 255, 255, 0);;vertical-align:bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 3px double rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div> </td> <td style="background-color: rgba(255, 255, 255, 0);"> </td> </tr> </table> 6148004 69.97 158590 120.15 150604 33.51 90167 121.80 6065823 71.04 3565573 46.23 16320000 13415000 39396000 28364000 <div style="font-family: Times New Roman; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-family: &quot;Times New Roman&quot;; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;">Note 8—Marketable Securities </div></div></div> <div style="font-family: Times New Roman; font-size: 10pt; margin-top: 6pt; margin-bottom: 0pt;"><div style="font-family: &quot;Times New Roman&quot;; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Marketable securities are measured at amortized cost, and fair values are determined based on quoted market prices (Level 1 in the fair value hierarchy). </div></div> <div style="font-family: &quot;Times New Roman&quot;; font-size: 10pt; margin-top: 12pt; margin-bottom: 0pt; text-indent: 0px;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-family: &quot;Times New Roman&quot;; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">The composition of the portfolio is specified in the following table<div style="letter-spacing: 0px; top: 0px;;display:inline;">.</div></div></div></div> <div style="font-size: 12pt; margin-top: 0pt; margin-bottom: 0pt; text-indent: 0px;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-size: 12pt; letter-spacing: 0px; top: 0px;;display:inline;"> </div></div></div> <table cellpadding="0" cellspacing="0" style="margin: 0px auto; border: 0px currentcolor; font-family: &quot;Times New Roman&quot;; font-size: 10pt; border-collapse: collapse; border-spacing: 0px; text-indent: 0px;;width:100%;"> <tr style="font-size: 0px;"> <td style="width: 48%;"/> <td style="width: 1%; vertical-align: bottom;"/> <td/> <td/> <td/> <td style="width: 1%; vertical-align: bottom;"/> <td/> <td/> <td/> <td style="width: 1%; vertical-align: bottom;"/> <td/> <td/> <td/> <td style="width: 1%; vertical-align: bottom;"/> <td/> <td/> <td/> </tr> <tr style="font-family: Times New Roman; font-size: 8pt; page-break-inside: avoid;"> <td style="vertical-align: bottom; padding-bottom: 1pt;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></td> <td style="vertical-align: bottom; padding-bottom: 1pt;"><div style="letter-spacing: 0px; top: 0px;;display:inline;">  </div></td> <td colspan="6" style="vertical-align: bottom; border-bottom: 1pt solid rgb(0, 0, 0);;text-align:center;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;">June 30, 2021</div></div></div></td> <td style="vertical-align: bottom; padding-bottom: 1pt;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></td> <td style="vertical-align: bottom; padding-bottom: 1pt;"><div style="letter-spacing: 0px; top: 0px;;display:inline;">  </div></td> <td colspan="6" style="vertical-align: bottom; border-bottom: 1pt solid rgb(0, 0, 0);;text-align:center;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;">December 31, 2020</div></div></div></td> <td style="vertical-align: bottom; padding-bottom: 1pt;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></td> </tr> <tr style="font-family: Times New Roman; font-size: 8pt; page-break-inside: avoid;"> <td style="vertical-align: bottom; padding-bottom: 1pt;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></td> <td style="vertical-align: bottom; padding-bottom: 1pt;"><div style="letter-spacing: 0px; top: 0px;;display:inline;">  </div></td> <td colspan="2" style="vertical-align: bottom; border-bottom: 1pt solid rgb(0, 0, 0);;text-align:center;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;">Carrying amount</div></div></div></td> <td style="vertical-align: bottom; padding-bottom: 1pt;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></td> <td style="vertical-align: bottom; padding-bottom: 1pt;"><div style="letter-spacing: 0px; top: 0px;;display:inline;">  </div></td> <td colspan="2" style="vertical-align: bottom; border-bottom: 1pt solid rgb(0, 0, 0);;text-align:center;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;">Fair value</div></div></div></td> <td style="vertical-align: bottom; padding-bottom: 1pt;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></td> <td style="vertical-align: bottom; padding-bottom: 1pt;"><div style="letter-spacing: 0px; top: 0px;;display:inline;">  </div></td> <td colspan="2" style="vertical-align: bottom; border-bottom: 1pt solid rgb(0, 0, 0);;text-align:center;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;">Carrying amount</div></div></div></td> <td style="vertical-align: bottom; padding-bottom: 1pt;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></td> <td style="vertical-align: bottom; padding-bottom: 1pt;"><div style="letter-spacing: 0px; top: 0px;;display:inline;">  </div></td> <td colspan="2" style="vertical-align: bottom; border-bottom: 1pt solid rgb(0, 0, 0);;text-align:center;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;">Fair value</div></div></div></td> <td style="vertical-align: bottom; padding-bottom: 1pt;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></td> </tr> <tr style="font-family: Times New Roman; font-size: 8pt; page-break-inside: avoid;"> <td style="vertical-align: bottom;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></td> <td style="vertical-align: bottom;"><div style="letter-spacing: 0px; top: 0px;;display:inline;">  </div></td> <td colspan="14" style="vertical-align: bottom;;text-align:center;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;">(EUR’000)</div></div></div></td> <td style="vertical-align: bottom;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></td> </tr> <tr style="font-family: Times New Roman; font-size: 10pt; page-break-inside: avoid; background-color: rgb(204, 238, 255);"> <td style="vertical-align: top;"> <div style="text-indent: -1em; font-family: &quot;Times New Roman&quot;; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;"><div style="font-family: &quot;Times New Roman&quot;; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Marketable securities</div></div></div></div> </td> <td style="vertical-align: bottom;"><div style="letter-spacing: 0px; top: 0px;;display:inline;">  </div></td> <td style="vertical-align: bottom;"> </td> <td style="vertical-align: bottom;"> </td> <td style="vertical-align: bottom;"> </td> <td style="vertical-align: bottom;"><div style="letter-spacing: 0px; top: 0px;;display:inline;">  </div></td> <td style="vertical-align: bottom;"> </td> <td style="vertical-align: bottom;"> </td> <td style="vertical-align: bottom;"> </td> <td style="vertical-align: bottom;"><div style="letter-spacing: 0px; top: 0px;;display:inline;">  </div></td> <td style="vertical-align: bottom;"> </td> <td style="vertical-align: bottom;"> </td> <td style="vertical-align: bottom;"> </td> <td style="vertical-align: bottom;"><div style="letter-spacing: 0px; top: 0px;;display:inline;">  </div></td> <td style="vertical-align: bottom;"> </td> <td style="vertical-align: bottom;"> </td> <td style="vertical-align: bottom;"> </td> </tr> <tr style="font-family: Times New Roman; font-size: 10pt; page-break-inside: avoid;"> <td style="width: 48%;;vertical-align:top;"> <div style="text-indent: -1em; font-family: &quot;Times New Roman&quot;; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: &quot;Times New Roman&quot;; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">U.S. Treasury bills</div></div> </td> <td style="width: 1%;;vertical-align:bottom;">  </td> <td style="white-space: nowrap;;vertical-align:bottom;"> </td> <td style="white-space: nowrap;;text-align:right;;vertical-align:bottom;">—  </td> <td style="white-space: nowrap;;vertical-align:bottom;"> </td> <td style="width: 1%;;vertical-align:bottom;">  </td> <td style="white-space: nowrap;;vertical-align:bottom;"> </td> <td style="white-space: nowrap;;text-align:right;;vertical-align:bottom;">—  </td> <td style="white-space: nowrap;;vertical-align:bottom;"> </td> <td style="width: 1%;;vertical-align:bottom;">  </td> <td style="white-space: nowrap;;vertical-align:bottom;"> </td> <td style="white-space: nowrap;;text-align:right;;vertical-align:bottom;">46,243</td> <td style="white-space: nowrap;;vertical-align:bottom;"> </td> <td style="width: 1%;;vertical-align:bottom;">  </td> <td style="white-space: nowrap;;vertical-align:bottom;"> </td> <td style="white-space: nowrap;;text-align:right;;vertical-align:bottom;">46,245</td> <td style="white-space: nowrap;;vertical-align:bottom;"> </td> </tr> <tr style="font-family: Times New Roman; font-size: 10pt; page-break-inside: avoid;;background-color:#cceeff;"> <td style="background-color: rgb(204, 238, 255); width: 48%;;vertical-align:top;"> <div style="text-indent: -1em; font-family: &quot;Times New Roman&quot;; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: &quot;Times New Roman&quot;; font-size: 10pt; letter-spacing: 0px; top: 0px; background-color: rgb(204, 238, 255);;display:inline;">U.S. Government bonds</div></div> </td> <td style="background-color: rgb(204, 238, 255); width: 1%;;vertical-align:bottom;">  </td> <td style="white-space: nowrap; background-color: rgb(204, 238, 255);;vertical-align:bottom;"> </td> <td style="white-space: nowrap; background-color: rgb(204, 238, 255);;text-align:right;;vertical-align:bottom;">85,049</td> <td style="white-space: nowrap; background-color: rgb(204, 238, 255);;vertical-align:bottom;"> </td> <td style="background-color: rgb(204, 238, 255); width: 1%;;vertical-align:bottom;">  </td> <td style="white-space: nowrap; background-color: rgb(204, 238, 255);;vertical-align:bottom;"> </td> <td style="white-space: nowrap; background-color: rgb(204, 238, 255);;text-align:right;;vertical-align:bottom;">85,049</td> <td style="white-space: nowrap; background-color: rgb(204, 238, 255);;vertical-align:bottom;"> </td> <td style="background-color: rgb(204, 238, 255); width: 1%;;vertical-align:bottom;">  </td> <td style="white-space: nowrap; background-color: rgb(204, 238, 255);;vertical-align:bottom;"> </td> <td style="white-space: nowrap; background-color: rgb(204, 238, 255);;text-align:right;;vertical-align:bottom;">62,088</td> <td style="white-space: nowrap; background-color: rgb(204, 238, 255);;vertical-align:bottom;"> </td> <td style="background-color: rgb(204, 238, 255); width: 1%;;vertical-align:bottom;">  </td> <td style="white-space: nowrap; background-color: rgb(204, 238, 255);;vertical-align:bottom;"> </td> <td style="white-space: nowrap; background-color: rgb(204, 238, 255);;text-align:right;;vertical-align:bottom;">62,101</td> <td style="white-space: nowrap; background-color: rgb(204, 238, 255);;vertical-align:bottom;"> </td> </tr> <tr style="font-family: Times New Roman; font-size: 10pt; page-break-inside: avoid;"> <td style="width: 48%;;vertical-align:top;"> <div style="text-indent: -1em; font-family: &quot;Times New Roman&quot;; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: &quot;Times New Roman&quot;; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Commercial papers</div></div> </td> <td style="width: 1%;;vertical-align:bottom;">  </td> <td style="white-space: nowrap;;vertical-align:bottom;"> </td> <td style="white-space: nowrap;;text-align:right;;vertical-align:bottom;">8,832</td> <td style="white-space: nowrap;;vertical-align:bottom;"> </td> <td style="width: 1%;;vertical-align:bottom;">  </td> <td style="white-space: nowrap;;vertical-align:bottom;"> </td> <td style="white-space: nowrap;;text-align:right;;vertical-align:bottom;">8,833</td> <td style="white-space: nowrap;;vertical-align:bottom;"> </td> <td style="width: 1%;;vertical-align:bottom;">  </td> <td style="white-space: nowrap;;vertical-align:bottom;"> </td> <td style="white-space: nowrap;;text-align:right;;vertical-align:bottom;">10,583</td> <td style="white-space: nowrap;;vertical-align:bottom;"> </td> <td style="width: 1%;;vertical-align:bottom;">  </td> <td style="white-space: nowrap;;vertical-align:bottom;"> </td> <td style="white-space: nowrap;;text-align:right;;vertical-align:bottom;">10,581</td> <td style="white-space: nowrap;;vertical-align:bottom;"> </td> </tr> <tr style="font-family: Times New Roman; font-size: 10pt; page-break-inside: avoid;;background-color:#cceeff;"> <td style="background-color: rgb(204, 238, 255); width: 48%;;vertical-align:top;"> <div style="text-indent: -1em; font-family: &quot;Times New Roman&quot;; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: &quot;Times New Roman&quot;; font-size: 10pt; letter-spacing: 0px; top: 0px; background-color: rgb(204, 238, 255);;display:inline;">Corporate bonds</div></div> </td> <td style="background-color: rgb(204, 238, 255); width: 1%;;vertical-align:bottom;">  </td> <td style="white-space: nowrap; background-color: rgb(204, 238, 255);;vertical-align:bottom;"> </td> <td style="white-space: nowrap; background-color: rgb(204, 238, 255);;text-align:right;;vertical-align:bottom;">144,830</td> <td style="white-space: nowrap; background-color: rgb(204, 238, 255);;vertical-align:bottom;"> </td> <td style="background-color: rgb(204, 238, 255); width: 1%;;vertical-align:bottom;">  </td> <td style="white-space: nowrap; background-color: rgb(204, 238, 255);;vertical-align:bottom;"> </td> <td style="white-space: nowrap; background-color: rgb(204, 238, 255);;text-align:right;;vertical-align:bottom;">144,734</td> <td style="white-space: nowrap; background-color: rgb(204, 238, 255);;vertical-align:bottom;"> </td> <td style="background-color: rgb(204, 238, 255); width: 1%;;vertical-align:bottom;">  </td> <td style="white-space: nowrap; background-color: rgb(204, 238, 255);;vertical-align:bottom;"> </td> <td style="white-space: nowrap; background-color: rgb(204, 238, 255);;text-align:right;;vertical-align:bottom;">121,282</td> <td style="white-space: nowrap; background-color: rgb(204, 238, 255);;vertical-align:bottom;"> </td> <td style="background-color: rgb(204, 238, 255); width: 1%;;vertical-align:bottom;">  </td> <td style="white-space: nowrap; background-color: rgb(204, 238, 255);;vertical-align:bottom;"> </td> <td style="white-space: nowrap; background-color: rgb(204, 238, 255);;text-align:right;;vertical-align:bottom;">121,234</td> <td style="white-space: nowrap; background-color: rgb(204, 238, 255);;vertical-align:bottom;"> </td> </tr> <tr style="font-family: Times New Roman; font-size: 10pt; page-break-inside: avoid;"> <td style="width: 48%;;vertical-align:top;"> <div style="text-indent: -1em; font-family: &quot;Times New Roman&quot;; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: &quot;Times New Roman&quot;; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Agency bonds</div></div> </td> <td style="width: 1%;;vertical-align:bottom;">  </td> <td style="white-space: nowrap;;vertical-align:bottom;"> </td> <td style="white-space: nowrap;;text-align:right;;vertical-align:bottom;">18,076</td> <td style="white-space: nowrap;;vertical-align:bottom;"> </td> <td style="width: 1%;;vertical-align:bottom;">  </td> <td style="white-space: nowrap;;vertical-align:bottom;"> </td> <td style="white-space: nowrap;;text-align:right;;vertical-align:bottom;">18,077</td> <td style="white-space: nowrap;;vertical-align:bottom;"> </td> <td style="width: 1%;;vertical-align:bottom;">  </td> <td style="white-space: nowrap;;vertical-align:bottom;"> </td> <td style="white-space: nowrap;;text-align:right;;vertical-align:bottom;">9,362</td> <td style="white-space: nowrap;;vertical-align:bottom;"> </td> <td style="width: 1%;;vertical-align:bottom;">  </td> <td style="white-space: nowrap;;vertical-align:bottom;"> </td> <td style="white-space: nowrap;;text-align:right;;vertical-align:bottom;">9,369</td> <td style="white-space: nowrap;;vertical-align:bottom;"> </td> </tr> <tr style="font-size: 1px;"> <td style="font-family: &quot;Times New Roman&quot;; width: 48%;;vertical-align:bottom;"> </td> <td style="width: 1%;;vertical-align:bottom;">  </td> <td style="vertical-align:bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 1px solid rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div> </td> <td style="vertical-align:bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 1px solid rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div> </td> <td> </td> <td style="width: 1%;;vertical-align:bottom;">  </td> <td style="vertical-align:bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 1px solid rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div> </td> <td style="vertical-align:bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 1px solid rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div> </td> <td> </td> <td style="width: 1%;;vertical-align:bottom;">  </td> <td style="vertical-align:bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 1px solid rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div> </td> <td style="vertical-align:bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 1px solid rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div> </td> <td> </td> <td style="width: 1%;;vertical-align:bottom;">  </td> <td style="vertical-align:bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 1px solid rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div> </td> <td style="vertical-align:bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 1px solid rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div> </td> <td> </td> </tr> <tr style="font-family: Times New Roman; font-size: 10pt; page-break-inside: avoid;;background-color:#cceeff;"> <td style="background-color: rgb(204, 238, 255); width: 48%;;vertical-align:bottom;"> <div style="text-indent: -1em; font-family: &quot;Times New Roman&quot;; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: &quot;Times New Roman&quot;; font-size: 10pt; letter-spacing: 0px; top: 0px; background-color: rgb(204, 238, 255);;display:inline;"><div style="font-weight:bold;display:inline;">Total marketable securities</div></div></div> </td> <td style="background-color: rgb(204, 238, 255); width: 1%;;vertical-align:bottom;">  </td> <td style="background-color: rgb(204, 238, 255);;vertical-align:bottom;"><div style="font-weight:bold;display:inline;"> </div></td> <td style="background-color: rgb(204, 238, 255);;text-align:right;;vertical-align:bottom;"><div style="font-weight:bold;display:inline;">256,787</div></td> <td style="white-space: nowrap; background-color: rgb(204, 238, 255);;vertical-align:bottom;"><div style="font-weight:bold;display:inline;"> </div></td> <td style="background-color: rgb(204, 238, 255); width: 1%;;vertical-align:bottom;">  </td> <td style="background-color: rgb(204, 238, 255);;vertical-align:bottom;"><div style="font-weight:bold;display:inline;"> </div></td> <td style="background-color: rgb(204, 238, 255);;text-align:right;;vertical-align:bottom;"><div style="font-weight:bold;display:inline;">256,693</div></td> <td style="white-space: nowrap; background-color: rgb(204, 238, 255);;vertical-align:bottom;"><div style="font-weight:bold;display:inline;"> </div></td> <td style="background-color: rgb(204, 238, 255); width: 1%;;vertical-align:bottom;">  </td> <td style="background-color: rgb(204, 238, 255);;vertical-align:bottom;"><div style="font-weight:bold;display:inline;"> </div></td> <td style="background-color: rgb(204, 238, 255);;text-align:right;;vertical-align:bottom;"><div style="font-weight:bold;display:inline;">249,558</div></td> <td style="white-space: nowrap; background-color: rgb(204, 238, 255);;vertical-align:bottom;"><div style="font-weight:bold;display:inline;"> </div></td> <td style="background-color: rgb(204, 238, 255); width: 1%;;vertical-align:bottom;">  </td> <td style="background-color: rgb(204, 238, 255);;vertical-align:bottom;"><div style="font-weight:bold;display:inline;"> </div></td> <td style="background-color: rgb(204, 238, 255);;text-align:right;;vertical-align:bottom;"><div style="font-weight:bold;display:inline;">249,530</div></td> <td style="white-space: nowrap; background-color: rgb(204, 238, 255);;vertical-align:bottom;"><div style="font-weight:bold;display:inline;"> </div></td> </tr> <tr style="font-size: 1px;"> <td style="font-family: &quot;Times New Roman&quot;; width: 48%;;vertical-align:bottom;"> </td> <td style="width: 1%;;vertical-align:bottom;">  </td> <td style="vertical-align:bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 3px double rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div> </td> <td style="vertical-align:bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 3px double rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div> </td> <td> </td> <td style="width: 1%;;vertical-align:bottom;">  </td> <td style="vertical-align:bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 3px double rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div> </td> <td style="vertical-align:bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 3px double rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div> </td> <td> </td> <td style="width: 1%;;vertical-align:bottom;">  </td> <td style="vertical-align:bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 3px double rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div> </td> <td style="vertical-align:bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 3px double rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div> </td> <td> </td> <td style="width: 1%;;vertical-align:bottom;">  </td> <td style="vertical-align:bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 3px double rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div> </td> <td style="vertical-align:bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 3px double rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div> </td> <td> </td> </tr> <tr style="font-family: Times New Roman; font-size: 10pt; page-break-inside: avoid;"> <td style="width: 48%;;vertical-align:top;"> <div style="text-indent: -1em; font-family: &quot;Times New Roman&quot;; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: &quot;Times New Roman&quot;; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;">Classified based on maturity profiles</div></div></div> </td> <td style="width: 1%;;vertical-align:bottom;">  </td> <td style="font-family: &quot;Times New Roman&quot;;;vertical-align:bottom;"> </td> <td style="font-family: &quot;Times New Roman&quot;;;vertical-align:bottom;"> </td> <td style="font-family: &quot;Times New Roman&quot;;;vertical-align:bottom;"> </td> <td style="width: 1%;;vertical-align:bottom;">  </td> <td style="font-family: &quot;Times New Roman&quot;;;vertical-align:bottom;"> </td> <td style="font-family: &quot;Times New Roman&quot;;;vertical-align:bottom;"> </td> <td style="font-family: &quot;Times New Roman&quot;;;vertical-align:bottom;"> </td> <td style="width: 1%;;vertical-align:bottom;">  </td> <td style="font-family: &quot;Times New Roman&quot;;;vertical-align:bottom;"> </td> <td style="font-family: &quot;Times New Roman&quot;;;vertical-align:bottom;"> </td> <td style="font-family: &quot;Times New Roman&quot;;;vertical-align:bottom;"> </td> <td style="width: 1%;;vertical-align:bottom;">  </td> <td style="font-family: &quot;Times New Roman&quot;;;vertical-align:bottom;"> </td> <td style="font-family: &quot;Times New Roman&quot;;;vertical-align:bottom;"> </td> <td style="font-family: &quot;Times New Roman&quot;;;vertical-align:bottom;"> </td> </tr> <tr style="font-family: Times New Roman; font-size: 10pt; page-break-inside: avoid;;background-color:#cceeff;"> <td style="background-color: rgb(204, 238, 255); width: 48%;;vertical-align:top;"> <div style="text-indent: -1em; font-family: &quot;Times New Roman&quot;; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="white-space: nowrap; letter-spacing: 0px; top: 0px; background-color: rgb(204, 238, 255);;display:inline;">Non-current</div> assets</div> </td> <td style="background-color: rgb(204, 238, 255); width: 1%;;vertical-align:bottom;">  </td> <td style="white-space: nowrap; background-color: rgb(204, 238, 255);;vertical-align:bottom;"> </td> <td style="white-space: nowrap; background-color: rgb(204, 238, 255);;text-align:right;;vertical-align:bottom;">90,693</td> <td style="white-space: nowrap; background-color: rgb(204, 238, 255);;vertical-align:bottom;"> </td> <td style="background-color: rgb(204, 238, 255); width: 1%;;vertical-align:bottom;">  </td> <td style="white-space: nowrap; background-color: rgb(204, 238, 255);;vertical-align:bottom;"> </td> <td style="white-space: nowrap; background-color: rgb(204, 238, 255);;text-align:right;;vertical-align:bottom;">90,623</td> <td style="white-space: nowrap; background-color: rgb(204, 238, 255);;vertical-align:bottom;"> </td> <td style="background-color: rgb(204, 238, 255); width: 1%;;vertical-align:bottom;">  </td> <td style="white-space: nowrap; background-color: rgb(204, 238, 255);;vertical-align:bottom;"> </td> <td style="white-space: nowrap; background-color: rgb(204, 238, 255);;text-align:right;;vertical-align:bottom;">115,280</td> <td style="white-space: nowrap; background-color: rgb(204, 238, 255);;vertical-align:bottom;"> </td> <td style="background-color: rgb(204, 238, 255); width: 1%;;vertical-align:bottom;">  </td> <td style="white-space: nowrap; background-color: rgb(204, 238, 255);;vertical-align:bottom;"> </td> <td style="white-space: nowrap; background-color: rgb(204, 238, 255);;text-align:right;;vertical-align:bottom;">115,277</td> <td style="white-space: nowrap; background-color: rgb(204, 238, 255);;vertical-align:bottom;"> </td> </tr> <tr style="font-family: Times New Roman; font-size: 10pt; page-break-inside: avoid;"> <td style="width: 48%;;vertical-align:top;"> <div style="text-indent: -1em; font-family: &quot;Times New Roman&quot;; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: &quot;Times New Roman&quot;; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Current assets</div></div> </td> <td style="width: 1%;;vertical-align:bottom;">  </td> <td style="white-space: nowrap;;vertical-align:bottom;"> </td> <td style="white-space: nowrap;;text-align:right;;vertical-align:bottom;">166,094</td> <td style="white-space: nowrap;;vertical-align:bottom;"> </td> <td style="width: 1%;;vertical-align:bottom;">  </td> <td style="white-space: nowrap;;vertical-align:bottom;"> </td> <td style="white-space: nowrap;;text-align:right;;vertical-align:bottom;">166,070</td> <td style="white-space: nowrap;;vertical-align:bottom;"> </td> <td style="width: 1%;;vertical-align:bottom;">  </td> <td style="white-space: nowrap;;vertical-align:bottom;"> </td> <td style="white-space: nowrap;;text-align:right;;vertical-align:bottom;">134,278</td> <td style="white-space: nowrap;;vertical-align:bottom;"> </td> <td style="width: 1%;;vertical-align:bottom;">  </td> <td style="white-space: nowrap;;vertical-align:bottom;"> </td> <td style="white-space: nowrap;;text-align:right;;vertical-align:bottom;">134,253</td> <td style="white-space: nowrap;;vertical-align:bottom;"> </td> </tr> <tr style="font-size: 1px;"> <td style="font-family: &quot;Times New Roman&quot;; width: 48%;;vertical-align:bottom;"> </td> <td style="width: 1%;;vertical-align:bottom;">  </td> <td style="vertical-align:bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 1px solid rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div> </td> <td style="vertical-align:bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 1px solid rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div> </td> <td> </td> <td style="width: 1%;;vertical-align:bottom;">  </td> <td style="vertical-align:bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 1px solid rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div> </td> <td style="vertical-align:bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 1px solid rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div> </td> <td> </td> <td style="width: 1%;;vertical-align:bottom;">  </td> <td style="vertical-align:bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 1px solid rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div> </td> <td style="vertical-align:bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 1px solid rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div> </td> <td> </td> <td style="width: 1%;;vertical-align:bottom;">  </td> <td style="vertical-align:bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 1px solid rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div> </td> <td style="vertical-align:bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 1px solid rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div> </td> <td> </td> </tr> <tr style="font-family: Times New Roman; font-size: 10pt; page-break-inside: avoid;;background-color:#cceeff;"> <td style="background-color: rgb(204, 238, 255); width: 48%;;vertical-align:bottom;"> <div style="text-indent: -1em; font-family: &quot;Times New Roman&quot;; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: &quot;Times New Roman&quot;; font-size: 10pt; letter-spacing: 0px; top: 0px; background-color: rgb(204, 238, 255);;display:inline;"><div style="font-weight:bold;display:inline;">Total marketable securities</div></div></div> </td> <td style="background-color: rgb(204, 238, 255); width: 1%;;vertical-align:bottom;">  </td> <td style="background-color: rgb(204, 238, 255);;vertical-align:bottom;"><div style="font-weight:bold;display:inline;"> </div></td> <td style="background-color: rgb(204, 238, 255);;text-align:right;;vertical-align:bottom;"><div style="font-weight:bold;display:inline;">256,787</div></td> <td style="white-space: nowrap; background-color: rgb(204, 238, 255);;vertical-align:bottom;"><div style="font-weight:bold;display:inline;"> </div></td> <td style="background-color: rgb(204, 238, 255); width: 1%;;vertical-align:bottom;">  </td> <td style="background-color: rgb(204, 238, 255);;vertical-align:bottom;"><div style="font-weight:bold;display:inline;"> </div></td> <td style="background-color: rgb(204, 238, 255);;text-align:right;;vertical-align:bottom;"><div style="font-weight:bold;display:inline;">256,693</div></td> <td style="white-space: nowrap; background-color: rgb(204, 238, 255);;vertical-align:bottom;"><div style="font-weight:bold;display:inline;"> </div></td> <td style="background-color: rgb(204, 238, 255); width: 1%;;vertical-align:bottom;">  </td> <td style="background-color: rgb(204, 238, 255);;vertical-align:bottom;"><div style="font-weight:bold;display:inline;"> </div></td> <td style="background-color: rgb(204, 238, 255);;text-align:right;;vertical-align:bottom;"><div style="font-weight:bold;display:inline;">249,558</div></td> <td style="white-space: nowrap; background-color: rgb(204, 238, 255);;vertical-align:bottom;"><div style="font-weight:bold;display:inline;"> </div></td> <td style="background-color: rgb(204, 238, 255); width: 1%;;vertical-align:bottom;">  </td> <td style="background-color: rgb(204, 238, 255);;vertical-align:bottom;"><div style="font-weight:bold;display:inline;"> </div></td> <td style="background-color: rgb(204, 238, 255);;text-align:right;;vertical-align:bottom;"><div style="font-weight:bold;display:inline;">249,530</div></td> <td style="white-space: nowrap; background-color: rgb(204, 238, 255);;vertical-align:bottom;"><div style="font-weight:bold;display:inline;"> </div></td> </tr> <tr style="font-size: 1px;"> <td style="font-family: &quot;Times New Roman&quot;; width: 48%;;vertical-align:bottom;"> </td> <td style="width: 1%;;vertical-align:bottom;">  </td> <td style="vertical-align:bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 3px double rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div> </td> <td style="vertical-align:bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 3px double rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div> </td> <td> </td> <td style="width: 1%;;vertical-align:bottom;">  </td> <td style="vertical-align:bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 3px double rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div> </td> <td style="vertical-align:bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 3px double rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div> </td> <td> </td> <td style="width: 1%;;vertical-align:bottom;">  </td> <td style="vertical-align:bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 3px double rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div> </td> <td style="vertical-align:bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 3px double rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div> </td> <td> </td> <td style="width: 1%;;vertical-align:bottom;">  </td> <td style="vertical-align:bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 3px double rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div> </td> <td style="vertical-align:bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 3px double rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div> </td> <td> </td> </tr> <tr style="font-family: Times New Roman; font-size: 10pt; page-break-inside: avoid;"> <td style="width: 48%;;vertical-align:top;"> <div style="text-indent: -1em; font-family: &quot;Times New Roman&quot;; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: &quot;Times New Roman&quot;; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;">Specified by rate structure</div></div></div> </td> <td style="width: 1%;;vertical-align:bottom;">  </td> <td style="font-family: &quot;Times New Roman&quot;;;vertical-align:bottom;"> </td> <td style="font-family: &quot;Times New Roman&quot;;;vertical-align:bottom;"> </td> <td style="font-family: &quot;Times New Roman&quot;;;vertical-align:bottom;"> </td> <td style="width: 1%;;vertical-align:bottom;">  </td> <td style="font-family: &quot;Times New Roman&quot;;;vertical-align:bottom;"> </td> <td style="font-family: &quot;Times New Roman&quot;;;vertical-align:bottom;"> </td> <td style="font-family: &quot;Times New Roman&quot;;;vertical-align:bottom;"> </td> <td style="width: 1%;;vertical-align:bottom;">  </td> <td style="font-family: &quot;Times New Roman&quot;;;vertical-align:bottom;"> </td> <td style="font-family: &quot;Times New Roman&quot;;;vertical-align:bottom;"> </td> <td style="font-family: &quot;Times New Roman&quot;;;vertical-align:bottom;"> </td> <td style="width: 1%;;vertical-align:bottom;">  </td> <td style="font-family: &quot;Times New Roman&quot;;;vertical-align:bottom;"> </td> <td style="font-family: &quot;Times New Roman&quot;;;vertical-align:bottom;"> </td> <td style="font-family: &quot;Times New Roman&quot;;;vertical-align:bottom;"> </td> </tr> <tr style="font-family: Times New Roman; font-size: 10pt; page-break-inside: avoid;;background-color:#cceeff;"> <td style="background-color: rgb(204, 238, 255); width: 48%;;vertical-align:top;"> <div style="text-indent: -1em; font-family: &quot;Times New Roman&quot;; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: &quot;Times New Roman&quot;; font-size: 10pt; letter-spacing: 0px; top: 0px; background-color: rgb(204, 238, 255);;display:inline;">Fixed rate</div></div> </td> <td style="background-color: rgb(204, 238, 255); width: 1%;;vertical-align:bottom;">  </td> <td style="white-space: nowrap; background-color: rgb(204, 238, 255);;vertical-align:bottom;"> </td> <td style="white-space: nowrap; background-color: rgb(204, 238, 255);;text-align:right;;vertical-align:bottom;">231,342</td> <td style="white-space: nowrap; background-color: rgb(204, 238, 255);;vertical-align:bottom;"> </td> <td style="background-color: rgb(204, 238, 255); width: 1%;;vertical-align:bottom;">  </td> <td style="white-space: nowrap; background-color: rgb(204, 238, 255);;vertical-align:bottom;"> </td> <td style="white-space: nowrap; background-color: rgb(204, 238, 255);;text-align:right;;vertical-align:bottom;">231,249</td> <td style="white-space: nowrap; background-color: rgb(204, 238, 255);;vertical-align:bottom;"> </td> <td style="background-color: rgb(204, 238, 255); width: 1%;;vertical-align:bottom;">  </td> <td style="white-space: nowrap; background-color: rgb(204, 238, 255);;vertical-align:bottom;"> </td> <td style="white-space: nowrap; background-color: rgb(204, 238, 255);;text-align:right;;vertical-align:bottom;">175,757</td> <td style="white-space: nowrap; background-color: rgb(204, 238, 255);;vertical-align:bottom;"> </td> <td style="background-color: rgb(204, 238, 255); width: 1%;;vertical-align:bottom;">  </td> <td style="white-space: nowrap; background-color: rgb(204, 238, 255);;vertical-align:bottom;"> </td> <td style="white-space: nowrap; background-color: rgb(204, 238, 255);;text-align:right;;vertical-align:bottom;">175,732</td> <td style="white-space: nowrap; background-color: rgb(204, 238, 255);;vertical-align:bottom;"> </td> </tr> <tr style="font-family: Times New Roman; font-size: 10pt; page-break-inside: avoid;"> <td style="width: 48%;;vertical-align:top;"> <div style="text-indent: -1em; font-family: &quot;Times New Roman&quot;; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: &quot;Times New Roman&quot;; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Floating rate</div></div> </td> <td style="width: 1%;;vertical-align:bottom;">  </td> <td style="white-space: nowrap;;vertical-align:bottom;"> </td> <td style="white-space: nowrap;;text-align:right;;vertical-align:bottom;">16,613</td> <td style="white-space: nowrap;;vertical-align:bottom;"> </td> <td style="width: 1%;;vertical-align:bottom;">  </td> <td style="white-space: nowrap;;vertical-align:bottom;"> </td> <td style="white-space: nowrap;;text-align:right;;vertical-align:bottom;">16,611</td> <td style="white-space: nowrap;;vertical-align:bottom;"> </td> <td style="width: 1%;;vertical-align:bottom;">  </td> <td style="white-space: nowrap;;vertical-align:bottom;"> </td> <td style="white-space: nowrap;;text-align:right;;vertical-align:bottom;">16,975</td> <td style="white-space: nowrap;;vertical-align:bottom;"> </td> <td style="width: 1%;;vertical-align:bottom;">  </td> <td style="white-space: nowrap;;vertical-align:bottom;"> </td> <td style="white-space: nowrap;;text-align:right;;vertical-align:bottom;">16,972</td> <td style="white-space: nowrap;;vertical-align:bottom;"> </td> </tr> <tr style="font-family: Times New Roman; font-size: 10pt; page-break-inside: avoid;;background-color:#cceeff;"> <td style="background-color: rgb(204, 238, 255); width: 48%;;vertical-align:top;"> <div style="text-indent: -1em; font-family: &quot;Times New Roman&quot;; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: &quot;Times New Roman&quot;; font-size: 10pt; letter-spacing: 0px; top: 0px; background-color: rgb(204, 238, 255);;display:inline;">Zero-coupon</div></div> </td> <td style="background-color: rgb(204, 238, 255); width: 1%;;vertical-align:bottom;">  </td> <td style="white-space: nowrap; background-color: rgb(204, 238, 255);;vertical-align:bottom;"> </td> <td style="white-space: nowrap; background-color: rgb(204, 238, 255);;text-align:right;;vertical-align:bottom;">8,832</td> <td style="white-space: nowrap; background-color: rgb(204, 238, 255);;vertical-align:bottom;"> </td> <td style="background-color: rgb(204, 238, 255); width: 1%;;vertical-align:bottom;">  </td> <td style="white-space: nowrap; background-color: rgb(204, 238, 255);;vertical-align:bottom;"> </td> <td style="white-space: nowrap; background-color: rgb(204, 238, 255);;text-align:right;;vertical-align:bottom;">8,833</td> <td style="white-space: nowrap; background-color: rgb(204, 238, 255);;vertical-align:bottom;"> </td> <td style="background-color: rgb(204, 238, 255); width: 1%;;vertical-align:bottom;">  </td> <td style="white-space: nowrap; background-color: rgb(204, 238, 255);;vertical-align:bottom;"> </td> <td style="white-space: nowrap; background-color: rgb(204, 238, 255);;text-align:right;;vertical-align:bottom;">56,826</td> <td style="white-space: nowrap; background-color: rgb(204, 238, 255);;vertical-align:bottom;"> </td> <td style="background-color: rgb(204, 238, 255); width: 1%;;vertical-align:bottom;">  </td> <td style="white-space: nowrap; background-color: rgb(204, 238, 255);;vertical-align:bottom;"> </td> <td style="white-space: nowrap; background-color: rgb(204, 238, 255);;text-align:right;;vertical-align:bottom;">56,826</td> <td style="white-space: nowrap; background-color: rgb(204, 238, 255);;vertical-align:bottom;"> </td> </tr> <tr style="font-size: 1px;"> <td style="font-family: &quot;Times New Roman&quot;; width: 48%;;vertical-align:bottom;"> </td> <td style="width: 1%;;vertical-align:bottom;">  </td> <td style="vertical-align:bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 1px solid rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div> </td> <td style="vertical-align:bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 1px solid rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div> </td> <td> </td> <td style="width: 1%;;vertical-align:bottom;">  </td> <td style="vertical-align:bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 1px solid rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div> </td> <td style="vertical-align:bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 1px solid rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div> </td> <td> </td> <td style="width: 1%;;vertical-align:bottom;">  </td> <td style="vertical-align:bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 1px solid rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div> </td> <td style="vertical-align:bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 1px solid rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div> </td> <td> </td> <td style="width: 1%;;vertical-align:bottom;">  </td> <td style="vertical-align:bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 1px solid rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div> </td> <td style="vertical-align:bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 1px solid rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div> </td> <td> </td> </tr> <tr style="font-family: Times New Roman; font-size: 10pt; page-break-inside: avoid;"> <td style="width: 48%;;vertical-align:bottom;"> <div style="text-indent: -1em; font-family: &quot;Times New Roman&quot;; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: &quot;Times New Roman&quot;; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;">Total marketable securities</div></div></div> </td> <td style="width: 1%;;vertical-align:bottom;">  </td> <td style="vertical-align:bottom;"><div style="font-weight:bold;display:inline;"> </div></td> <td style="text-align:right;;vertical-align:bottom;"><div style="font-weight:bold;display:inline;">256,787</div></td> <td style="white-space: nowrap;;vertical-align:bottom;"><div style="font-weight:bold;display:inline;"> </div></td> <td style="width: 1%;;vertical-align:bottom;">  </td> <td style="vertical-align:bottom;"><div style="font-weight:bold;display:inline;"> </div></td> <td style="text-align:right;;vertical-align:bottom;"><div style="font-weight:bold;display:inline;">256,693</div></td> <td style="white-space: nowrap;;vertical-align:bottom;"><div style="font-weight:bold;display:inline;"> </div></td> <td style="width: 1%;;vertical-align:bottom;">  </td> <td style="vertical-align:bottom;"><div style="font-weight:bold;display:inline;"> </div></td> <td style="text-align:right;;vertical-align:bottom;"><div style="font-weight:bold;display:inline;">249,558</div></td> <td style="white-space: nowrap;;vertical-align:bottom;"><div style="font-weight:bold;display:inline;"> </div></td> <td style="width: 1%;;vertical-align:bottom;">  </td> <td style="vertical-align:bottom;"><div style="font-weight:bold;display:inline;"> </div></td> <td style="text-align:right;;vertical-align:bottom;"><div style="font-weight:bold;display:inline;">249,530</div></td> <td style="white-space: nowrap;;vertical-align:bottom;"><div style="font-weight:bold;display:inline;"> </div></td> </tr> <tr style="font-size: 1px;"> <td style="font-family: &quot;Times New Roman&quot;; width: 48%;;vertical-align:bottom;"> </td> <td style="width: 1%;;vertical-align:bottom;">  </td> <td style="vertical-align:bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 3px double rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div> </td> <td style="vertical-align:bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 3px double rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div> </td> <td> </td> <td style="width: 1%;;vertical-align:bottom;">  </td> <td style="vertical-align:bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 3px double rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div> </td> <td style="vertical-align:bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 3px double rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div> </td> <td> </td> <td style="width: 1%;;vertical-align:bottom;">  </td> <td style="vertical-align:bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 3px double rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div> </td> <td style="vertical-align:bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 3px double rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div> </td> <td> </td> <td style="width: 1%;;vertical-align:bottom;">  </td> <td style="vertical-align:bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 3px double rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div> </td> <td style="vertical-align:bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 3px double rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div> </td> <td> </td> </tr> <tr style="font-family: Times New Roman; font-size: 10pt; page-break-inside: avoid;;background-color:#cceeff;"> <td style="background-color: rgb(204, 238, 255); width: 48%;;vertical-align:top;"> <div style="text-indent: -1em; font-family: &quot;Times New Roman&quot;; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-weight:bold;display:inline;"><div style="font-family: &quot;Times New Roman&quot;; font-size: 10pt; letter-spacing: 0px; top: 0px; background-color: rgb(204, 238, 255);;display:inline;">Specified by investment grade credit rating</div></div></div> </td> <td style="background-color: rgb(204, 238, 255); width: 1%;;vertical-align:bottom;">  </td> <td style="font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);;vertical-align:bottom;"> </td> <td style="font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);;vertical-align:bottom;"> </td> <td style="font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);;vertical-align:bottom;"> </td> <td style="background-color: rgb(204, 238, 255); width: 1%;;vertical-align:bottom;">  </td> <td style="font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);;vertical-align:bottom;"> </td> <td style="font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);;vertical-align:bottom;"> </td> <td style="font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);;vertical-align:bottom;"> </td> <td style="background-color: rgb(204, 238, 255); width: 1%;;vertical-align:bottom;">  </td> <td style="font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);;vertical-align:bottom;"> </td> <td style="font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);;vertical-align:bottom;"> </td> <td style="font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);;vertical-align:bottom;"> </td> <td style="background-color: rgb(204, 238, 255); width: 1%;;vertical-align:bottom;">  </td> <td style="font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);;vertical-align:bottom;"> </td> <td style="font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);;vertical-align:bottom;"> </td> <td style="font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);;vertical-align:bottom;"> </td> </tr> <tr style="font-family: Times New Roman; font-size: 10pt; page-break-inside: avoid;"> <td style="width: 48%;;vertical-align:top;"> <div style="text-indent: -1em; font-family: &quot;Times New Roman&quot;; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: &quot;Times New Roman&quot;; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Prime</div></div> </td> <td style="width: 1%;;vertical-align:bottom;">  </td> <td style="white-space: nowrap;;vertical-align:bottom;"> </td> <td style="white-space: nowrap;;text-align:right;;vertical-align:bottom;">6,398</td> <td style="white-space: nowrap;;vertical-align:bottom;"> </td> <td style="width: 1%;;vertical-align:bottom;">  </td> <td style="white-space: nowrap;;vertical-align:bottom;"> </td> <td style="white-space: nowrap;;text-align:right;;vertical-align:bottom;">6,398</td> <td style="white-space: nowrap;;vertical-align:bottom;"> </td> <td style="width: 1%;;vertical-align:bottom;">  </td> <td style="white-space: nowrap;;vertical-align:bottom;"> </td> <td style="white-space: nowrap;;text-align:right;;vertical-align:bottom;">7,716</td> <td style="white-space: nowrap;;vertical-align:bottom;"> </td> <td style="width: 1%;;vertical-align:bottom;">  </td> <td style="white-space: nowrap;;vertical-align:bottom;"> </td> <td style="white-space: nowrap;;text-align:right;;vertical-align:bottom;">7,714</td> <td style="white-space: nowrap;;vertical-align:bottom;"> </td> </tr> <tr style="font-family: Times New Roman; font-size: 10pt; page-break-inside: avoid;;background-color:#cceeff;"> <td style="background-color: rgb(204, 238, 255); width: 48%;;vertical-align:top;"> <div style="text-indent: -1em; font-family: &quot;Times New Roman&quot;; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: &quot;Times New Roman&quot;; font-size: 10pt; letter-spacing: 0px; top: 0px; background-color: rgb(204, 238, 255);;display:inline;">High grade</div></div> </td> <td style="background-color: rgb(204, 238, 255); width: 1%;;vertical-align:bottom;">  </td> <td style="white-space: nowrap; background-color: rgb(204, 238, 255);;vertical-align:bottom;"> </td> <td style="white-space: nowrap; background-color: rgb(204, 238, 255);;text-align:right;;vertical-align:bottom;">127,690</td> <td style="white-space: nowrap; background-color: rgb(204, 238, 255);;vertical-align:bottom;"> </td> <td style="background-color: rgb(204, 238, 255); width: 1%;;vertical-align:bottom;">  </td> <td style="white-space: nowrap; background-color: rgb(204, 238, 255);;vertical-align:bottom;"> </td> <td style="white-space: nowrap; background-color: rgb(204, 238, 255);;text-align:right;;vertical-align:bottom;">127,678</td> <td style="white-space: nowrap; background-color: rgb(204, 238, 255);;vertical-align:bottom;"> </td> <td style="background-color: rgb(204, 238, 255); width: 1%;;vertical-align:bottom;">  </td> <td style="white-space: nowrap; background-color: rgb(204, 238, 255);;vertical-align:bottom;"> </td> <td style="white-space: nowrap; background-color: rgb(204, 238, 255);;text-align:right;;vertical-align:bottom;">142,339</td> <td style="white-space: nowrap; background-color: rgb(204, 238, 255);;vertical-align:bottom;"> </td> <td style="background-color: rgb(204, 238, 255); width: 1%;;vertical-align:bottom;">  </td> <td style="white-space: nowrap; background-color: rgb(204, 238, 255);;vertical-align:bottom;"> </td> <td style="white-space: nowrap; background-color: rgb(204, 238, 255);;text-align:right;;vertical-align:bottom;">142,352</td> <td style="white-space: nowrap; background-color: rgb(204, 238, 255);;vertical-align:bottom;"> </td> </tr> <tr style="font-family: Times New Roman; font-size: 10pt; page-break-inside: avoid;"> <td style="width: 48%;;vertical-align:top;"> <div style="text-indent: -1em; font-family: &quot;Times New Roman&quot;; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: &quot;Times New Roman&quot;; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Upper medium grade</div></div> </td> <td style="width: 1%;;vertical-align:bottom;">  </td> <td style="white-space: nowrap;;vertical-align:bottom;"> </td> <td style="white-space: nowrap;;text-align:right;;vertical-align:bottom;">119,785</td> <td style="white-space: nowrap;;vertical-align:bottom;"> </td> <td style="width: 1%;;vertical-align:bottom;">  </td> <td style="white-space: nowrap;;vertical-align:bottom;"> </td> <td style="white-space: nowrap;;text-align:right;;vertical-align:bottom;">119,706</td> <td style="white-space: nowrap;;vertical-align:bottom;"> </td> <td style="width: 1%;;vertical-align:bottom;">  </td> <td style="white-space: nowrap;;vertical-align:bottom;"> </td> <td style="white-space: nowrap;;text-align:right;;vertical-align:bottom;">99,503</td> <td style="white-space: nowrap;;vertical-align:bottom;"> </td> <td style="width: 1%;;vertical-align:bottom;">  </td> <td style="white-space: nowrap;;vertical-align:bottom;"> </td> <td style="white-space: nowrap;;text-align:right;;vertical-align:bottom;">99,464</td> <td style="white-space: nowrap;;vertical-align:bottom;"> </td> </tr> <tr style="font-family: Times New Roman; font-size: 10pt; page-break-inside: avoid;;background-color:#cceeff;"> <td style="background-color: rgb(204, 238, 255); width: 48%;;vertical-align:top;"> <div style="text-indent: -1em; font-family: &quot;Times New Roman&quot;; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: &quot;Times New Roman&quot;; font-size: 10pt; letter-spacing: 0px; top: 0px; background-color: rgb(204, 238, 255);;display:inline;">Lower medium grade</div></div> </td> <td style="background-color: rgb(204, 238, 255); width: 1%;;vertical-align:bottom;">  </td> <td style="white-space: nowrap; background-color: rgb(204, 238, 255);;vertical-align:bottom;"> </td> <td style="white-space: nowrap; background-color: rgb(204, 238, 255);;text-align:right;;vertical-align:bottom;">2,914</td> <td style="white-space: nowrap; background-color: rgb(204, 238, 255);;vertical-align:bottom;"> </td> <td style="background-color: rgb(204, 238, 255); width: 1%;;vertical-align:bottom;">  </td> <td style="white-space: nowrap; background-color: rgb(204, 238, 255);;vertical-align:bottom;"> </td> <td style="white-space: nowrap; background-color: rgb(204, 238, 255);;text-align:right;;vertical-align:bottom;">2,911</td> <td style="white-space: nowrap; background-color: rgb(204, 238, 255);;vertical-align:bottom;"> </td> <td style="background-color: rgb(204, 238, 255); width: 1%;;vertical-align:bottom;">  </td> <td style="white-space: nowrap; background-color: rgb(204, 238, 255);;vertical-align:bottom;"> </td> <td style="white-space: nowrap; background-color: rgb(204, 238, 255);;text-align:right;;vertical-align:bottom;">—  </td> <td style="white-space: nowrap; background-color: rgb(204, 238, 255);;vertical-align:bottom;"> </td> <td style="background-color: rgb(204, 238, 255); width: 1%;;vertical-align:bottom;">  </td> <td style="white-space: nowrap; background-color: rgb(204, 238, 255);;vertical-align:bottom;"> </td> <td style="white-space: nowrap; background-color: rgb(204, 238, 255);;text-align:right;;vertical-align:bottom;">—  </td> <td style="white-space: nowrap; background-color: rgb(204, 238, 255);;vertical-align:bottom;"> </td> </tr> <tr style="font-size: 1px;"> <td style="font-family: &quot;Times New Roman&quot;; width: 48%;;vertical-align:bottom;"> </td> <td style="width: 1%;;vertical-align:bottom;">  </td> <td style="vertical-align:bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 1px solid rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div> </td> <td style="vertical-align:bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 1px solid rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div> </td> <td> </td> <td style="width: 1%;;vertical-align:bottom;">  </td> <td style="vertical-align:bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 1px solid rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div> </td> <td style="vertical-align:bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 1px solid rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div> </td> <td> </td> <td style="width: 1%;;vertical-align:bottom;">  </td> <td style="vertical-align:bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 1px solid rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div> </td> <td style="vertical-align:bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 1px solid rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div> </td> <td> </td> <td style="width: 1%;;vertical-align:bottom;">  </td> <td style="vertical-align:bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 1px solid rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div> </td> <td style="vertical-align:bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 1px solid rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div> </td> <td> </td> </tr> <tr style="font-family: Times New Roman; font-size: 10pt; page-break-inside: avoid;"> <td style="width: 48%;;vertical-align:bottom;"> <div style="text-indent: -1em; font-family: &quot;Times New Roman&quot;; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: &quot;Times New Roman&quot;; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;">Total marketable securities</div></div></div> </td> <td style="width: 1%;;vertical-align:bottom;">  </td> <td style="vertical-align:bottom;"><div style="font-weight:bold;display:inline;"> </div></td> <td style="text-align:right;;vertical-align:bottom;"><div style="font-weight:bold;display:inline;">256,787</div></td> <td style="white-space: nowrap;;vertical-align:bottom;"><div style="font-weight:bold;display:inline;"> </div></td> <td style="width: 1%;;vertical-align:bottom;">  </td> <td style="vertical-align:bottom;"><div style="font-weight:bold;display:inline;"> </div></td> <td style="text-align:right;;vertical-align:bottom;"><div style="font-weight:bold;display:inline;">256,693</div></td> <td style="white-space: nowrap;;vertical-align:bottom;"><div style="font-weight:bold;display:inline;"> </div></td> <td style="width: 1%;;vertical-align:bottom;">  </td> <td style="vertical-align:bottom;"><div style="font-weight:bold;display:inline;"> </div></td> <td style="text-align:right;;vertical-align:bottom;"><div style="font-weight:bold;display:inline;">249,558</div></td> <td style="white-space: nowrap;;vertical-align:bottom;"><div style="font-weight:bold;display:inline;"> </div></td> <td style="width: 1%;;vertical-align:bottom;">  </td> <td style="vertical-align:bottom;"><div style="font-weight:bold;display:inline;"> </div></td> <td style="text-align:right;;vertical-align:bottom;"><div style="font-weight:bold;display:inline;">249,530</div></td> <td style="white-space: nowrap;;vertical-align:bottom;"><div style="font-weight:bold;display:inline;"> </div></td> </tr> <tr style="font-size: 1px;"> <td style="font-family: &quot;Times New Roman&quot;; width: 48%;;vertical-align:bottom;"> </td> <td style="width: 1%;;vertical-align:bottom;">  </td> <td style="vertical-align:bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 3px double rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div> </td> <td style="vertical-align:bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 3px double rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div> </td> <td> </td> <td style="width: 1%;;vertical-align:bottom;">  </td> <td style="vertical-align:bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 3px double rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div> </td> <td style="vertical-align:bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 3px double rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div> </td> <td> </td> <td style="width: 1%;;vertical-align:bottom;">  </td> <td style="vertical-align:bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 3px double rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div> </td> <td style="vertical-align:bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 3px double rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div> </td> <td> </td> <td style="width: 1%;;vertical-align:bottom;">  </td> <td style="vertical-align:bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 3px double rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div> </td> <td style="vertical-align:bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 3px double rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div> </td> <td> </td> </tr> </table> <div style="clear: both; max-height: 0px; text-indent: 0px;"/> <div style="clear: both; max-height: 0px; text-indent: 0px;"/> <div style="font-size: 12pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 12pt; letter-spacing: 0px; top: 0px;;display:inline;"> </div></div> <div style="font-family: Times New Roman; font-size: 10pt; margin-top: 12pt; margin-bottom: 0pt;">The Company’s marketable securities are all denominated in U.S. Dollars. At June 30, 2021, the portfolio has a weighted average duration of 6.6 and 17.5 months, for current and <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">non-current</div> positions, respectively. The entire portfolio has a weighted average duration of 10.4 months. </div> <div style="font-family: Times New Roman; font-size: 10pt; margin-top: 12pt; margin-bottom: 0pt;"><div style="font-family: &quot;Times New Roman&quot;; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">All marketable securities have investment grade ratings, and accordingly, the risk from probability of default is low. The risk of expected credit loss over marketable securities has been considered, including the hypothetical impact arising from the probability of default which is considered in conjunction with the expected loss given default from securities with similar credit ratings and attributes. This assessment did not reveal a material expected credit loss, and accordingly, no provision for expected credit loss has been recognized. </div></div> <div style="font-family: &quot;Times New Roman&quot;; font-size: 10pt; margin-top: 12pt; margin-bottom: 0pt; text-indent: 0px;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-family: &quot;Times New Roman&quot;; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">The composition of the portfolio is specified in the following table<div style="letter-spacing: 0px; top: 0px;;display:inline;">.</div></div></div></div> <div style="font-size: 12pt; margin-top: 0pt; margin-bottom: 0pt; text-indent: 0px;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-size: 12pt; letter-spacing: 0px; top: 0px;;display:inline;"> </div></div></div> <table cellpadding="0" cellspacing="0" style="margin: 0px auto; border: 0px currentcolor; font-family: &quot;Times New Roman&quot;; font-size: 10pt; border-collapse: collapse; border-spacing: 0px; text-indent: 0px;;width:100%;"> <tr style="font-size: 0px;"> <td style="width: 48%;"/> <td style="width: 1%; vertical-align: bottom;"/> <td/> <td/> <td/> <td style="width: 1%; vertical-align: bottom;"/> <td/> <td/> <td/> <td style="width: 1%; vertical-align: bottom;"/> <td/> <td/> <td/> <td style="width: 1%; vertical-align: bottom;"/> <td/> <td/> <td/> </tr> <tr style="font-family: Times New Roman; font-size: 8pt; page-break-inside: avoid;"> <td style="vertical-align: bottom; padding-bottom: 1pt;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></td> <td style="vertical-align: bottom; padding-bottom: 1pt;"><div style="letter-spacing: 0px; top: 0px;;display:inline;">  </div></td> <td colspan="6" style="vertical-align: bottom; border-bottom: 1pt solid rgb(0, 0, 0);;text-align:center;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;">June 30, 2021</div></div></div></td> <td style="vertical-align: bottom; padding-bottom: 1pt;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></td> <td style="vertical-align: bottom; padding-bottom: 1pt;"><div style="letter-spacing: 0px; top: 0px;;display:inline;">  </div></td> <td colspan="6" style="vertical-align: bottom; border-bottom: 1pt solid rgb(0, 0, 0);;text-align:center;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;">December 31, 2020</div></div></div></td> <td style="vertical-align: bottom; padding-bottom: 1pt;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></td> </tr> <tr style="font-family: Times New Roman; font-size: 8pt; page-break-inside: avoid;"> <td style="vertical-align: bottom; padding-bottom: 1pt;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></td> <td style="vertical-align: bottom; padding-bottom: 1pt;"><div style="letter-spacing: 0px; top: 0px;;display:inline;">  </div></td> <td colspan="2" style="vertical-align: bottom; border-bottom: 1pt solid rgb(0, 0, 0);;text-align:center;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;">Carrying amount</div></div></div></td> <td style="vertical-align: bottom; padding-bottom: 1pt;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></td> <td style="vertical-align: bottom; padding-bottom: 1pt;"><div style="letter-spacing: 0px; top: 0px;;display:inline;">  </div></td> <td colspan="2" style="vertical-align: bottom; border-bottom: 1pt solid rgb(0, 0, 0);;text-align:center;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;">Fair value</div></div></div></td> <td style="vertical-align: bottom; padding-bottom: 1pt;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></td> <td style="vertical-align: bottom; padding-bottom: 1pt;"><div style="letter-spacing: 0px; top: 0px;;display:inline;">  </div></td> <td colspan="2" style="vertical-align: bottom; border-bottom: 1pt solid rgb(0, 0, 0);;text-align:center;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;">Carrying amount</div></div></div></td> <td style="vertical-align: bottom; padding-bottom: 1pt;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></td> <td style="vertical-align: bottom; padding-bottom: 1pt;"><div style="letter-spacing: 0px; top: 0px;;display:inline;">  </div></td> <td colspan="2" style="vertical-align: bottom; border-bottom: 1pt solid rgb(0, 0, 0);;text-align:center;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;">Fair value</div></div></div></td> <td style="vertical-align: bottom; padding-bottom: 1pt;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></td> </tr> <tr style="font-family: Times New Roman; font-size: 8pt; page-break-inside: avoid;"> <td style="vertical-align: bottom;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></td> <td style="vertical-align: bottom;"><div style="letter-spacing: 0px; top: 0px;;display:inline;">  </div></td> <td colspan="14" style="vertical-align: bottom;;text-align:center;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;">(EUR’000)</div></div></div></td> <td style="vertical-align: bottom;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></td> </tr> <tr style="font-family: Times New Roman; font-size: 10pt; page-break-inside: avoid; background-color: rgb(204, 238, 255);"> <td style="vertical-align: top;"> <div style="text-indent: -1em; font-family: &quot;Times New Roman&quot;; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;"><div style="font-family: &quot;Times New Roman&quot;; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Marketable securities</div></div></div></div> </td> <td style="vertical-align: bottom;"><div style="letter-spacing: 0px; top: 0px;;display:inline;">  </div></td> <td style="vertical-align: bottom;"> </td> <td style="vertical-align: bottom;"> </td> <td style="vertical-align: bottom;"> </td> <td style="vertical-align: bottom;"><div style="letter-spacing: 0px; top: 0px;;display:inline;">  </div></td> <td style="vertical-align: bottom;"> </td> <td style="vertical-align: bottom;"> </td> <td style="vertical-align: bottom;"> </td> <td style="vertical-align: bottom;"><div style="letter-spacing: 0px; top: 0px;;display:inline;">  </div></td> <td style="vertical-align: bottom;"> </td> <td style="vertical-align: bottom;"> </td> <td style="vertical-align: bottom;"> </td> <td style="vertical-align: bottom;"><div style="letter-spacing: 0px; top: 0px;;display:inline;">  </div></td> <td style="vertical-align: bottom;"> </td> <td style="vertical-align: bottom;"> </td> <td style="vertical-align: bottom;"> </td> </tr> <tr style="font-family: Times New Roman; font-size: 10pt; page-break-inside: avoid;"> <td style="width: 48%;;vertical-align:top;"> <div style="text-indent: -1em; font-family: &quot;Times New Roman&quot;; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: &quot;Times New Roman&quot;; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">U.S. Treasury bills</div></div> </td> <td style="width: 1%;;vertical-align:bottom;">  </td> <td style="white-space: nowrap;;vertical-align:bottom;"> </td> <td style="white-space: nowrap;;text-align:right;;vertical-align:bottom;">—  </td> <td style="white-space: nowrap;;vertical-align:bottom;"> </td> <td style="width: 1%;;vertical-align:bottom;">  </td> <td style="white-space: nowrap;;vertical-align:bottom;"> </td> <td style="white-space: nowrap;;text-align:right;;vertical-align:bottom;">—  </td> <td style="white-space: nowrap;;vertical-align:bottom;"> </td> <td style="width: 1%;;vertical-align:bottom;">  </td> <td style="white-space: nowrap;;vertical-align:bottom;"> </td> <td style="white-space: nowrap;;text-align:right;;vertical-align:bottom;">46,243</td> <td style="white-space: nowrap;;vertical-align:bottom;"> </td> <td style="width: 1%;;vertical-align:bottom;">  </td> <td style="white-space: nowrap;;vertical-align:bottom;"> </td> <td style="white-space: nowrap;;text-align:right;;vertical-align:bottom;">46,245</td> <td style="white-space: nowrap;;vertical-align:bottom;"> </td> </tr> <tr style="font-family: Times New Roman; font-size: 10pt; page-break-inside: avoid;;background-color:#cceeff;"> <td style="background-color: rgb(204, 238, 255); width: 48%;;vertical-align:top;"> <div style="text-indent: -1em; font-family: &quot;Times New Roman&quot;; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: &quot;Times New Roman&quot;; font-size: 10pt; letter-spacing: 0px; top: 0px; background-color: rgb(204, 238, 255);;display:inline;">U.S. Government bonds</div></div> </td> <td style="background-color: rgb(204, 238, 255); width: 1%;;vertical-align:bottom;">  </td> <td style="white-space: nowrap; background-color: rgb(204, 238, 255);;vertical-align:bottom;"> </td> <td style="white-space: nowrap; background-color: rgb(204, 238, 255);;text-align:right;;vertical-align:bottom;">85,049</td> <td style="white-space: nowrap; background-color: rgb(204, 238, 255);;vertical-align:bottom;"> </td> <td style="background-color: rgb(204, 238, 255); width: 1%;;vertical-align:bottom;">  </td> <td style="white-space: nowrap; background-color: rgb(204, 238, 255);;vertical-align:bottom;"> </td> <td style="white-space: nowrap; background-color: rgb(204, 238, 255);;text-align:right;;vertical-align:bottom;">85,049</td> <td style="white-space: nowrap; background-color: rgb(204, 238, 255);;vertical-align:bottom;"> </td> <td style="background-color: rgb(204, 238, 255); width: 1%;;vertical-align:bottom;">  </td> <td style="white-space: nowrap; background-color: rgb(204, 238, 255);;vertical-align:bottom;"> </td> <td style="white-space: nowrap; background-color: rgb(204, 238, 255);;text-align:right;;vertical-align:bottom;">62,088</td> <td style="white-space: nowrap; background-color: rgb(204, 238, 255);;vertical-align:bottom;"> </td> <td style="background-color: rgb(204, 238, 255); width: 1%;;vertical-align:bottom;">  </td> <td style="white-space: nowrap; background-color: rgb(204, 238, 255);;vertical-align:bottom;"> </td> <td style="white-space: nowrap; background-color: rgb(204, 238, 255);;text-align:right;;vertical-align:bottom;">62,101</td> <td style="white-space: nowrap; background-color: rgb(204, 238, 255);;vertical-align:bottom;"> </td> </tr> <tr style="font-family: Times New Roman; font-size: 10pt; page-break-inside: avoid;"> <td style="width: 48%;;vertical-align:top;"> <div style="text-indent: -1em; font-family: &quot;Times New Roman&quot;; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: &quot;Times New Roman&quot;; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Commercial papers</div></div> </td> <td style="width: 1%;;vertical-align:bottom;">  </td> <td style="white-space: nowrap;;vertical-align:bottom;"> </td> <td style="white-space: nowrap;;text-align:right;;vertical-align:bottom;">8,832</td> <td style="white-space: nowrap;;vertical-align:bottom;"> </td> <td style="width: 1%;;vertical-align:bottom;">  </td> <td style="white-space: nowrap;;vertical-align:bottom;"> </td> <td style="white-space: nowrap;;text-align:right;;vertical-align:bottom;">8,833</td> <td style="white-space: nowrap;;vertical-align:bottom;"> </td> <td style="width: 1%;;vertical-align:bottom;">  </td> <td style="white-space: nowrap;;vertical-align:bottom;"> </td> <td style="white-space: nowrap;;text-align:right;;vertical-align:bottom;">10,583</td> <td style="white-space: nowrap;;vertical-align:bottom;"> </td> <td style="width: 1%;;vertical-align:bottom;">  </td> <td style="white-space: nowrap;;vertical-align:bottom;"> </td> <td style="white-space: nowrap;;text-align:right;;vertical-align:bottom;">10,581</td> <td style="white-space: nowrap;;vertical-align:bottom;"> </td> </tr> <tr style="font-family: Times New Roman; font-size: 10pt; page-break-inside: avoid;;background-color:#cceeff;"> <td style="background-color: rgb(204, 238, 255); width: 48%;;vertical-align:top;"> <div style="text-indent: -1em; font-family: &quot;Times New Roman&quot;; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: &quot;Times New Roman&quot;; font-size: 10pt; letter-spacing: 0px; top: 0px; background-color: rgb(204, 238, 255);;display:inline;">Corporate bonds</div></div> </td> <td style="background-color: rgb(204, 238, 255); width: 1%;;vertical-align:bottom;">  </td> <td style="white-space: nowrap; background-color: rgb(204, 238, 255);;vertical-align:bottom;"> </td> <td style="white-space: nowrap; background-color: rgb(204, 238, 255);;text-align:right;;vertical-align:bottom;">144,830</td> <td style="white-space: nowrap; background-color: rgb(204, 238, 255);;vertical-align:bottom;"> </td> <td style="background-color: rgb(204, 238, 255); width: 1%;;vertical-align:bottom;">  </td> <td style="white-space: nowrap; background-color: rgb(204, 238, 255);;vertical-align:bottom;"> </td> <td style="white-space: nowrap; background-color: rgb(204, 238, 255);;text-align:right;;vertical-align:bottom;">144,734</td> <td style="white-space: nowrap; background-color: rgb(204, 238, 255);;vertical-align:bottom;"> </td> <td style="background-color: rgb(204, 238, 255); width: 1%;;vertical-align:bottom;">  </td> <td style="white-space: nowrap; background-color: rgb(204, 238, 255);;vertical-align:bottom;"> </td> <td style="white-space: nowrap; background-color: rgb(204, 238, 255);;text-align:right;;vertical-align:bottom;">121,282</td> <td style="white-space: nowrap; background-color: rgb(204, 238, 255);;vertical-align:bottom;"> </td> <td style="background-color: rgb(204, 238, 255); width: 1%;;vertical-align:bottom;">  </td> <td style="white-space: nowrap; background-color: rgb(204, 238, 255);;vertical-align:bottom;"> </td> <td style="white-space: nowrap; background-color: rgb(204, 238, 255);;text-align:right;;vertical-align:bottom;">121,234</td> <td style="white-space: nowrap; background-color: rgb(204, 238, 255);;vertical-align:bottom;"> </td> </tr> <tr style="font-family: Times New Roman; font-size: 10pt; page-break-inside: avoid;"> <td style="width: 48%;;vertical-align:top;"> <div style="text-indent: -1em; font-family: &quot;Times New Roman&quot;; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: &quot;Times New Roman&quot;; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Agency bonds</div></div> </td> <td style="width: 1%;;vertical-align:bottom;">  </td> <td style="white-space: nowrap;;vertical-align:bottom;"> </td> <td style="white-space: nowrap;;text-align:right;;vertical-align:bottom;">18,076</td> <td style="white-space: nowrap;;vertical-align:bottom;"> </td> <td style="width: 1%;;vertical-align:bottom;">  </td> <td style="white-space: nowrap;;vertical-align:bottom;"> </td> <td style="white-space: nowrap;;text-align:right;;vertical-align:bottom;">18,077</td> <td style="white-space: nowrap;;vertical-align:bottom;"> </td> <td style="width: 1%;;vertical-align:bottom;">  </td> <td style="white-space: nowrap;;vertical-align:bottom;"> </td> <td style="white-space: nowrap;;text-align:right;;vertical-align:bottom;">9,362</td> <td style="white-space: nowrap;;vertical-align:bottom;"> </td> <td style="width: 1%;;vertical-align:bottom;">  </td> <td style="white-space: nowrap;;vertical-align:bottom;"> </td> <td style="white-space: nowrap;;text-align:right;;vertical-align:bottom;">9,369</td> <td style="white-space: nowrap;;vertical-align:bottom;"> </td> </tr> <tr style="font-size: 1px;"> <td style="font-family: &quot;Times New Roman&quot;; width: 48%;;vertical-align:bottom;"> </td> <td style="width: 1%;;vertical-align:bottom;">  </td> <td style="vertical-align:bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 1px solid rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div> </td> <td style="vertical-align:bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 1px solid rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div> </td> <td> </td> <td style="width: 1%;;vertical-align:bottom;">  </td> <td style="vertical-align:bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 1px solid rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div> </td> <td style="vertical-align:bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 1px solid rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div> </td> <td> </td> <td style="width: 1%;;vertical-align:bottom;">  </td> <td style="vertical-align:bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 1px solid rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div> </td> <td style="vertical-align:bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 1px solid rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div> </td> <td> </td> <td style="width: 1%;;vertical-align:bottom;">  </td> <td style="vertical-align:bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 1px solid rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div> </td> <td style="vertical-align:bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 1px solid rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div> </td> <td> </td> </tr> <tr style="font-family: Times New Roman; font-size: 10pt; page-break-inside: avoid;;background-color:#cceeff;"> <td style="background-color: rgb(204, 238, 255); width: 48%;;vertical-align:bottom;"> <div style="text-indent: -1em; font-family: &quot;Times New Roman&quot;; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: &quot;Times New Roman&quot;; font-size: 10pt; letter-spacing: 0px; top: 0px; background-color: rgb(204, 238, 255);;display:inline;"><div style="font-weight:bold;display:inline;">Total marketable securities</div></div></div> </td> <td style="background-color: rgb(204, 238, 255); width: 1%;;vertical-align:bottom;">  </td> <td style="background-color: rgb(204, 238, 255);;vertical-align:bottom;"><div style="font-weight:bold;display:inline;"> </div></td> <td style="background-color: rgb(204, 238, 255);;text-align:right;;vertical-align:bottom;"><div style="font-weight:bold;display:inline;">256,787</div></td> <td style="white-space: nowrap; background-color: rgb(204, 238, 255);;vertical-align:bottom;"><div style="font-weight:bold;display:inline;"> </div></td> <td style="background-color: rgb(204, 238, 255); width: 1%;;vertical-align:bottom;">  </td> <td style="background-color: rgb(204, 238, 255);;vertical-align:bottom;"><div style="font-weight:bold;display:inline;"> </div></td> <td style="background-color: rgb(204, 238, 255);;text-align:right;;vertical-align:bottom;"><div style="font-weight:bold;display:inline;">256,693</div></td> <td style="white-space: nowrap; background-color: rgb(204, 238, 255);;vertical-align:bottom;"><div style="font-weight:bold;display:inline;"> </div></td> <td style="background-color: rgb(204, 238, 255); width: 1%;;vertical-align:bottom;">  </td> <td style="background-color: rgb(204, 238, 255);;vertical-align:bottom;"><div style="font-weight:bold;display:inline;"> </div></td> <td style="background-color: rgb(204, 238, 255);;text-align:right;;vertical-align:bottom;"><div style="font-weight:bold;display:inline;">249,558</div></td> <td style="white-space: nowrap; background-color: rgb(204, 238, 255);;vertical-align:bottom;"><div style="font-weight:bold;display:inline;"> </div></td> <td style="background-color: rgb(204, 238, 255); width: 1%;;vertical-align:bottom;">  </td> <td style="background-color: rgb(204, 238, 255);;vertical-align:bottom;"><div style="font-weight:bold;display:inline;"> </div></td> <td style="background-color: rgb(204, 238, 255);;text-align:right;;vertical-align:bottom;"><div style="font-weight:bold;display:inline;">249,530</div></td> <td style="white-space: nowrap; background-color: rgb(204, 238, 255);;vertical-align:bottom;"><div style="font-weight:bold;display:inline;"> </div></td> </tr> <tr style="font-size: 1px;"> <td style="font-family: &quot;Times New Roman&quot;; width: 48%;;vertical-align:bottom;"> </td> <td style="width: 1%;;vertical-align:bottom;">  </td> <td style="vertical-align:bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 3px double rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div> </td> <td style="vertical-align:bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 3px double rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div> </td> <td> </td> <td style="width: 1%;;vertical-align:bottom;">  </td> <td style="vertical-align:bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 3px double rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div> </td> <td style="vertical-align:bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 3px double rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div> </td> <td> </td> <td style="width: 1%;;vertical-align:bottom;">  </td> <td style="vertical-align:bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 3px double rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div> </td> <td style="vertical-align:bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 3px double rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div> </td> <td> </td> <td style="width: 1%;;vertical-align:bottom;">  </td> <td style="vertical-align:bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 3px double rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div> </td> <td style="vertical-align:bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 3px double rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div> </td> <td> </td> </tr> <tr style="font-family: Times New Roman; font-size: 10pt; page-break-inside: avoid;"> <td style="width: 48%;;vertical-align:top;"> <div style="text-indent: -1em; font-family: &quot;Times New Roman&quot;; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: &quot;Times New Roman&quot;; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;">Classified based on maturity profiles</div></div></div> </td> <td style="width: 1%;;vertical-align:bottom;">  </td> <td style="font-family: &quot;Times New Roman&quot;;;vertical-align:bottom;"> </td> <td style="font-family: &quot;Times New Roman&quot;;;vertical-align:bottom;"> </td> <td style="font-family: &quot;Times New Roman&quot;;;vertical-align:bottom;"> </td> <td style="width: 1%;;vertical-align:bottom;">  </td> <td style="font-family: &quot;Times New Roman&quot;;;vertical-align:bottom;"> </td> <td style="font-family: &quot;Times New Roman&quot;;;vertical-align:bottom;"> </td> <td style="font-family: &quot;Times New Roman&quot;;;vertical-align:bottom;"> </td> <td style="width: 1%;;vertical-align:bottom;">  </td> <td style="font-family: &quot;Times New Roman&quot;;;vertical-align:bottom;"> </td> <td style="font-family: &quot;Times New Roman&quot;;;vertical-align:bottom;"> </td> <td style="font-family: &quot;Times New Roman&quot;;;vertical-align:bottom;"> </td> <td style="width: 1%;;vertical-align:bottom;">  </td> <td style="font-family: &quot;Times New Roman&quot;;;vertical-align:bottom;"> </td> <td style="font-family: &quot;Times New Roman&quot;;;vertical-align:bottom;"> </td> <td style="font-family: &quot;Times New Roman&quot;;;vertical-align:bottom;"> </td> </tr> <tr style="font-family: Times New Roman; font-size: 10pt; page-break-inside: avoid;;background-color:#cceeff;"> <td style="background-color: rgb(204, 238, 255); width: 48%;;vertical-align:top;"> <div style="text-indent: -1em; font-family: &quot;Times New Roman&quot;; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="white-space: nowrap; letter-spacing: 0px; top: 0px; background-color: rgb(204, 238, 255);;display:inline;">Non-current</div> assets</div> </td> <td style="background-color: rgb(204, 238, 255); width: 1%;;vertical-align:bottom;">  </td> <td style="white-space: nowrap; background-color: rgb(204, 238, 255);;vertical-align:bottom;"> </td> <td style="white-space: nowrap; background-color: rgb(204, 238, 255);;text-align:right;;vertical-align:bottom;">90,693</td> <td style="white-space: nowrap; background-color: rgb(204, 238, 255);;vertical-align:bottom;"> </td> <td style="background-color: rgb(204, 238, 255); width: 1%;;vertical-align:bottom;">  </td> <td style="white-space: nowrap; background-color: rgb(204, 238, 255);;vertical-align:bottom;"> </td> <td style="white-space: nowrap; background-color: rgb(204, 238, 255);;text-align:right;;vertical-align:bottom;">90,623</td> <td style="white-space: nowrap; background-color: rgb(204, 238, 255);;vertical-align:bottom;"> </td> <td style="background-color: rgb(204, 238, 255); width: 1%;;vertical-align:bottom;">  </td> <td style="white-space: nowrap; background-color: rgb(204, 238, 255);;vertical-align:bottom;"> </td> <td style="white-space: nowrap; background-color: rgb(204, 238, 255);;text-align:right;;vertical-align:bottom;">115,280</td> <td style="white-space: nowrap; background-color: rgb(204, 238, 255);;vertical-align:bottom;"> </td> <td style="background-color: rgb(204, 238, 255); width: 1%;;vertical-align:bottom;">  </td> <td style="white-space: nowrap; background-color: rgb(204, 238, 255);;vertical-align:bottom;"> </td> <td style="white-space: nowrap; background-color: rgb(204, 238, 255);;text-align:right;;vertical-align:bottom;">115,277</td> <td style="white-space: nowrap; background-color: rgb(204, 238, 255);;vertical-align:bottom;"> </td> </tr> <tr style="font-family: Times New Roman; font-size: 10pt; page-break-inside: avoid;"> <td style="width: 48%;;vertical-align:top;"> <div style="text-indent: -1em; font-family: &quot;Times New Roman&quot;; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: &quot;Times New Roman&quot;; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Current assets</div></div> </td> <td style="width: 1%;;vertical-align:bottom;">  </td> <td style="white-space: nowrap;;vertical-align:bottom;"> </td> <td style="white-space: nowrap;;text-align:right;;vertical-align:bottom;">166,094</td> <td style="white-space: nowrap;;vertical-align:bottom;"> </td> <td style="width: 1%;;vertical-align:bottom;">  </td> <td style="white-space: nowrap;;vertical-align:bottom;"> </td> <td style="white-space: nowrap;;text-align:right;;vertical-align:bottom;">166,070</td> <td style="white-space: nowrap;;vertical-align:bottom;"> </td> <td style="width: 1%;;vertical-align:bottom;">  </td> <td style="white-space: nowrap;;vertical-align:bottom;"> </td> <td style="white-space: nowrap;;text-align:right;;vertical-align:bottom;">134,278</td> <td style="white-space: nowrap;;vertical-align:bottom;"> </td> <td style="width: 1%;;vertical-align:bottom;">  </td> <td style="white-space: nowrap;;vertical-align:bottom;"> </td> <td style="white-space: nowrap;;text-align:right;;vertical-align:bottom;">134,253</td> <td style="white-space: nowrap;;vertical-align:bottom;"> </td> </tr> <tr style="font-size: 1px;"> <td style="font-family: &quot;Times New Roman&quot;; width: 48%;;vertical-align:bottom;"> </td> <td style="width: 1%;;vertical-align:bottom;">  </td> <td style="vertical-align:bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 1px solid rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div> </td> <td style="vertical-align:bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 1px solid rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div> </td> <td> </td> <td style="width: 1%;;vertical-align:bottom;">  </td> <td style="vertical-align:bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 1px solid rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div> </td> <td style="vertical-align:bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 1px solid rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div> </td> <td> </td> <td style="width: 1%;;vertical-align:bottom;">  </td> <td style="vertical-align:bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 1px solid rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div> </td> <td style="vertical-align:bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 1px solid rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div> </td> <td> </td> <td style="width: 1%;;vertical-align:bottom;">  </td> <td style="vertical-align:bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 1px solid rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div> </td> <td style="vertical-align:bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 1px solid rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div> </td> <td> </td> </tr> <tr style="font-family: Times New Roman; font-size: 10pt; page-break-inside: avoid;;background-color:#cceeff;"> <td style="background-color: rgb(204, 238, 255); width: 48%;;vertical-align:bottom;"> <div style="text-indent: -1em; font-family: &quot;Times New Roman&quot;; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: &quot;Times New Roman&quot;; font-size: 10pt; letter-spacing: 0px; top: 0px; background-color: rgb(204, 238, 255);;display:inline;"><div style="font-weight:bold;display:inline;">Total marketable securities</div></div></div> </td> <td style="background-color: rgb(204, 238, 255); width: 1%;;vertical-align:bottom;">  </td> <td style="background-color: rgb(204, 238, 255);;vertical-align:bottom;"><div style="font-weight:bold;display:inline;"> </div></td> <td style="background-color: rgb(204, 238, 255);;text-align:right;;vertical-align:bottom;"><div style="font-weight:bold;display:inline;">256,787</div></td> <td style="white-space: nowrap; background-color: rgb(204, 238, 255);;vertical-align:bottom;"><div style="font-weight:bold;display:inline;"> </div></td> <td style="background-color: rgb(204, 238, 255); width: 1%;;vertical-align:bottom;">  </td> <td style="background-color: rgb(204, 238, 255);;vertical-align:bottom;"><div style="font-weight:bold;display:inline;"> </div></td> <td style="background-color: rgb(204, 238, 255);;text-align:right;;vertical-align:bottom;"><div style="font-weight:bold;display:inline;">256,693</div></td> <td style="white-space: nowrap; background-color: rgb(204, 238, 255);;vertical-align:bottom;"><div style="font-weight:bold;display:inline;"> </div></td> <td style="background-color: rgb(204, 238, 255); width: 1%;;vertical-align:bottom;">  </td> <td style="background-color: rgb(204, 238, 255);;vertical-align:bottom;"><div style="font-weight:bold;display:inline;"> </div></td> <td style="background-color: rgb(204, 238, 255);;text-align:right;;vertical-align:bottom;"><div style="font-weight:bold;display:inline;">249,558</div></td> <td style="white-space: nowrap; background-color: rgb(204, 238, 255);;vertical-align:bottom;"><div style="font-weight:bold;display:inline;"> </div></td> <td style="background-color: rgb(204, 238, 255); width: 1%;;vertical-align:bottom;">  </td> <td style="background-color: rgb(204, 238, 255);;vertical-align:bottom;"><div style="font-weight:bold;display:inline;"> </div></td> <td style="background-color: rgb(204, 238, 255);;text-align:right;;vertical-align:bottom;"><div style="font-weight:bold;display:inline;">249,530</div></td> <td style="white-space: nowrap; background-color: rgb(204, 238, 255);;vertical-align:bottom;"><div style="font-weight:bold;display:inline;"> </div></td> </tr> <tr style="font-size: 1px;"> <td style="font-family: &quot;Times New Roman&quot;; width: 48%;;vertical-align:bottom;"> </td> <td style="width: 1%;;vertical-align:bottom;">  </td> <td style="vertical-align:bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 3px double rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div> </td> <td style="vertical-align:bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 3px double rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div> </td> <td> </td> <td style="width: 1%;;vertical-align:bottom;">  </td> <td style="vertical-align:bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 3px double rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div> </td> <td style="vertical-align:bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 3px double rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div> </td> <td> </td> <td style="width: 1%;;vertical-align:bottom;">  </td> <td style="vertical-align:bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 3px double rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div> </td> <td style="vertical-align:bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 3px double rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div> </td> <td> </td> <td style="width: 1%;;vertical-align:bottom;">  </td> <td style="vertical-align:bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 3px double rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div> </td> <td style="vertical-align:bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 3px double rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div> </td> <td> </td> </tr> <tr style="font-family: Times New Roman; font-size: 10pt; page-break-inside: avoid;"> <td style="width: 48%;;vertical-align:top;"> <div style="text-indent: -1em; font-family: &quot;Times New Roman&quot;; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: &quot;Times New Roman&quot;; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;">Specified by rate structure</div></div></div> </td> <td style="width: 1%;;vertical-align:bottom;">  </td> <td style="font-family: &quot;Times New Roman&quot;;;vertical-align:bottom;"> </td> <td style="font-family: &quot;Times New Roman&quot;;;vertical-align:bottom;"> </td> <td style="font-family: &quot;Times New Roman&quot;;;vertical-align:bottom;"> </td> <td style="width: 1%;;vertical-align:bottom;">  </td> <td style="font-family: &quot;Times New Roman&quot;;;vertical-align:bottom;"> </td> <td style="font-family: &quot;Times New Roman&quot;;;vertical-align:bottom;"> </td> <td style="font-family: &quot;Times New Roman&quot;;;vertical-align:bottom;"> </td> <td style="width: 1%;;vertical-align:bottom;">  </td> <td style="font-family: &quot;Times New Roman&quot;;;vertical-align:bottom;"> </td> <td style="font-family: &quot;Times New Roman&quot;;;vertical-align:bottom;"> </td> <td style="font-family: &quot;Times New Roman&quot;;;vertical-align:bottom;"> </td> <td style="width: 1%;;vertical-align:bottom;">  </td> <td style="font-family: &quot;Times New Roman&quot;;;vertical-align:bottom;"> </td> <td style="font-family: &quot;Times New Roman&quot;;;vertical-align:bottom;"> </td> <td style="font-family: &quot;Times New Roman&quot;;;vertical-align:bottom;"> </td> </tr> <tr style="font-family: Times New Roman; font-size: 10pt; page-break-inside: avoid;;background-color:#cceeff;"> <td style="background-color: rgb(204, 238, 255); width: 48%;;vertical-align:top;"> <div style="text-indent: -1em; font-family: &quot;Times New Roman&quot;; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: &quot;Times New Roman&quot;; font-size: 10pt; letter-spacing: 0px; top: 0px; background-color: rgb(204, 238, 255);;display:inline;">Fixed rate</div></div> </td> <td style="background-color: rgb(204, 238, 255); width: 1%;;vertical-align:bottom;">  </td> <td style="white-space: nowrap; background-color: rgb(204, 238, 255);;vertical-align:bottom;"> </td> <td style="white-space: nowrap; background-color: rgb(204, 238, 255);;text-align:right;;vertical-align:bottom;">231,342</td> <td style="white-space: nowrap; background-color: rgb(204, 238, 255);;vertical-align:bottom;"> </td> <td style="background-color: rgb(204, 238, 255); width: 1%;;vertical-align:bottom;">  </td> <td style="white-space: nowrap; background-color: rgb(204, 238, 255);;vertical-align:bottom;"> </td> <td style="white-space: nowrap; background-color: rgb(204, 238, 255);;text-align:right;;vertical-align:bottom;">231,249</td> <td style="white-space: nowrap; background-color: rgb(204, 238, 255);;vertical-align:bottom;"> </td> <td style="background-color: rgb(204, 238, 255); width: 1%;;vertical-align:bottom;">  </td> <td style="white-space: nowrap; background-color: rgb(204, 238, 255);;vertical-align:bottom;"> </td> <td style="white-space: nowrap; background-color: rgb(204, 238, 255);;text-align:right;;vertical-align:bottom;">175,757</td> <td style="white-space: nowrap; background-color: rgb(204, 238, 255);;vertical-align:bottom;"> </td> <td style="background-color: rgb(204, 238, 255); width: 1%;;vertical-align:bottom;">  </td> <td style="white-space: nowrap; background-color: rgb(204, 238, 255);;vertical-align:bottom;"> </td> <td style="white-space: nowrap; background-color: rgb(204, 238, 255);;text-align:right;;vertical-align:bottom;">175,732</td> <td style="white-space: nowrap; background-color: rgb(204, 238, 255);;vertical-align:bottom;"> </td> </tr> <tr style="font-family: Times New Roman; font-size: 10pt; page-break-inside: avoid;"> <td style="width: 48%;;vertical-align:top;"> <div style="text-indent: -1em; font-family: &quot;Times New Roman&quot;; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: &quot;Times New Roman&quot;; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Floating rate</div></div> </td> <td style="width: 1%;;vertical-align:bottom;">  </td> <td style="white-space: nowrap;;vertical-align:bottom;"> </td> <td style="white-space: nowrap;;text-align:right;;vertical-align:bottom;">16,613</td> <td style="white-space: nowrap;;vertical-align:bottom;"> </td> <td style="width: 1%;;vertical-align:bottom;">  </td> <td style="white-space: nowrap;;vertical-align:bottom;"> </td> <td style="white-space: nowrap;;text-align:right;;vertical-align:bottom;">16,611</td> <td style="white-space: nowrap;;vertical-align:bottom;"> </td> <td style="width: 1%;;vertical-align:bottom;">  </td> <td style="white-space: nowrap;;vertical-align:bottom;"> </td> <td style="white-space: nowrap;;text-align:right;;vertical-align:bottom;">16,975</td> <td style="white-space: nowrap;;vertical-align:bottom;"> </td> <td style="width: 1%;;vertical-align:bottom;">  </td> <td style="white-space: nowrap;;vertical-align:bottom;"> </td> <td style="white-space: nowrap;;text-align:right;;vertical-align:bottom;">16,972</td> <td style="white-space: nowrap;;vertical-align:bottom;"> </td> </tr> <tr style="font-family: Times New Roman; font-size: 10pt; page-break-inside: avoid;;background-color:#cceeff;"> <td style="background-color: rgb(204, 238, 255); width: 48%;;vertical-align:top;"> <div style="text-indent: -1em; font-family: &quot;Times New Roman&quot;; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: &quot;Times New Roman&quot;; font-size: 10pt; letter-spacing: 0px; top: 0px; background-color: rgb(204, 238, 255);;display:inline;">Zero-coupon</div></div> </td> <td style="background-color: rgb(204, 238, 255); width: 1%;;vertical-align:bottom;">  </td> <td style="white-space: nowrap; background-color: rgb(204, 238, 255);;vertical-align:bottom;"> </td> <td style="white-space: nowrap; background-color: rgb(204, 238, 255);;text-align:right;;vertical-align:bottom;">8,832</td> <td style="white-space: nowrap; background-color: rgb(204, 238, 255);;vertical-align:bottom;"> </td> <td style="background-color: rgb(204, 238, 255); width: 1%;;vertical-align:bottom;">  </td> <td style="white-space: nowrap; background-color: rgb(204, 238, 255);;vertical-align:bottom;"> </td> <td style="white-space: nowrap; background-color: rgb(204, 238, 255);;text-align:right;;vertical-align:bottom;">8,833</td> <td style="white-space: nowrap; background-color: rgb(204, 238, 255);;vertical-align:bottom;"> </td> <td style="background-color: rgb(204, 238, 255); width: 1%;;vertical-align:bottom;">  </td> <td style="white-space: nowrap; background-color: rgb(204, 238, 255);;vertical-align:bottom;"> </td> <td style="white-space: nowrap; background-color: rgb(204, 238, 255);;text-align:right;;vertical-align:bottom;">56,826</td> <td style="white-space: nowrap; background-color: rgb(204, 238, 255);;vertical-align:bottom;"> </td> <td style="background-color: rgb(204, 238, 255); width: 1%;;vertical-align:bottom;">  </td> <td style="white-space: nowrap; background-color: rgb(204, 238, 255);;vertical-align:bottom;"> </td> <td style="white-space: nowrap; background-color: rgb(204, 238, 255);;text-align:right;;vertical-align:bottom;">56,826</td> <td style="white-space: nowrap; background-color: rgb(204, 238, 255);;vertical-align:bottom;"> </td> </tr> <tr style="font-size: 1px;"> <td style="font-family: &quot;Times New Roman&quot;; width: 48%;;vertical-align:bottom;"> </td> <td style="width: 1%;;vertical-align:bottom;">  </td> <td style="vertical-align:bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 1px solid rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div> </td> <td style="vertical-align:bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 1px solid rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div> </td> <td> </td> <td style="width: 1%;;vertical-align:bottom;">  </td> <td style="vertical-align:bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 1px solid rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div> </td> <td style="vertical-align:bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 1px solid rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div> </td> <td> </td> <td style="width: 1%;;vertical-align:bottom;">  </td> <td style="vertical-align:bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 1px solid rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div> </td> <td style="vertical-align:bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 1px solid rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div> </td> <td> </td> <td style="width: 1%;;vertical-align:bottom;">  </td> <td style="vertical-align:bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 1px solid rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div> </td> <td style="vertical-align:bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 1px solid rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div> </td> <td> </td> </tr> <tr style="font-family: Times New Roman; font-size: 10pt; page-break-inside: avoid;"> <td style="width: 48%;;vertical-align:bottom;"> <div style="text-indent: -1em; font-family: &quot;Times New Roman&quot;; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: &quot;Times New Roman&quot;; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;">Total marketable securities</div></div></div> </td> <td style="width: 1%;;vertical-align:bottom;">  </td> <td style="vertical-align:bottom;"><div style="font-weight:bold;display:inline;"> </div></td> <td style="text-align:right;;vertical-align:bottom;"><div style="font-weight:bold;display:inline;">256,787</div></td> <td style="white-space: nowrap;;vertical-align:bottom;"><div style="font-weight:bold;display:inline;"> </div></td> <td style="width: 1%;;vertical-align:bottom;">  </td> <td style="vertical-align:bottom;"><div style="font-weight:bold;display:inline;"> </div></td> <td style="text-align:right;;vertical-align:bottom;"><div style="font-weight:bold;display:inline;">256,693</div></td> <td style="white-space: nowrap;;vertical-align:bottom;"><div style="font-weight:bold;display:inline;"> </div></td> <td style="width: 1%;;vertical-align:bottom;">  </td> <td style="vertical-align:bottom;"><div style="font-weight:bold;display:inline;"> </div></td> <td style="text-align:right;;vertical-align:bottom;"><div style="font-weight:bold;display:inline;">249,558</div></td> <td style="white-space: nowrap;;vertical-align:bottom;"><div style="font-weight:bold;display:inline;"> </div></td> <td style="width: 1%;;vertical-align:bottom;">  </td> <td style="vertical-align:bottom;"><div style="font-weight:bold;display:inline;"> </div></td> <td style="text-align:right;;vertical-align:bottom;"><div style="font-weight:bold;display:inline;">249,530</div></td> <td style="white-space: nowrap;;vertical-align:bottom;"><div style="font-weight:bold;display:inline;"> </div></td> </tr> <tr style="font-size: 1px;"> <td style="font-family: &quot;Times New Roman&quot;; width: 48%;;vertical-align:bottom;"> </td> <td style="width: 1%;;vertical-align:bottom;">  </td> <td style="vertical-align:bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 3px double rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div> </td> <td style="vertical-align:bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 3px double rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div> </td> <td> </td> <td style="width: 1%;;vertical-align:bottom;">  </td> <td style="vertical-align:bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 3px double rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div> </td> <td style="vertical-align:bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 3px double rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div> </td> <td> </td> <td style="width: 1%;;vertical-align:bottom;">  </td> <td style="vertical-align:bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 3px double rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div> </td> <td style="vertical-align:bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 3px double rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div> </td> <td> </td> <td style="width: 1%;;vertical-align:bottom;">  </td> <td style="vertical-align:bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 3px double rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div> </td> <td style="vertical-align:bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 3px double rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div> </td> <td> </td> </tr> <tr style="font-family: Times New Roman; font-size: 10pt; page-break-inside: avoid;;background-color:#cceeff;"> <td style="background-color: rgb(204, 238, 255); width: 48%;;vertical-align:top;"> <div style="text-indent: -1em; font-family: &quot;Times New Roman&quot;; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-weight:bold;display:inline;"><div style="font-family: &quot;Times New Roman&quot;; font-size: 10pt; letter-spacing: 0px; top: 0px; background-color: rgb(204, 238, 255);;display:inline;">Specified by investment grade credit rating</div></div></div> </td> <td style="background-color: rgb(204, 238, 255); width: 1%;;vertical-align:bottom;">  </td> <td style="font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);;vertical-align:bottom;"> </td> <td style="font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);;vertical-align:bottom;"> </td> <td style="font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);;vertical-align:bottom;"> </td> <td style="background-color: rgb(204, 238, 255); width: 1%;;vertical-align:bottom;">  </td> <td style="font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);;vertical-align:bottom;"> </td> <td style="font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);;vertical-align:bottom;"> </td> <td style="font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);;vertical-align:bottom;"> </td> <td style="background-color: rgb(204, 238, 255); width: 1%;;vertical-align:bottom;">  </td> <td style="font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);;vertical-align:bottom;"> </td> <td style="font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);;vertical-align:bottom;"> </td> <td style="font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);;vertical-align:bottom;"> </td> <td style="background-color: rgb(204, 238, 255); width: 1%;;vertical-align:bottom;">  </td> <td style="font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);;vertical-align:bottom;"> </td> <td style="font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);;vertical-align:bottom;"> </td> <td style="font-family: &quot;Times New Roman&quot;; background-color: rgb(204, 238, 255);;vertical-align:bottom;"> </td> </tr> <tr style="font-family: Times New Roman; font-size: 10pt; page-break-inside: avoid;"> <td style="width: 48%;;vertical-align:top;"> <div style="text-indent: -1em; font-family: &quot;Times New Roman&quot;; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: &quot;Times New Roman&quot;; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Prime</div></div> </td> <td style="width: 1%;;vertical-align:bottom;">  </td> <td style="white-space: nowrap;;vertical-align:bottom;"> </td> <td style="white-space: nowrap;;text-align:right;;vertical-align:bottom;">6,398</td> <td style="white-space: nowrap;;vertical-align:bottom;"> </td> <td style="width: 1%;;vertical-align:bottom;">  </td> <td style="white-space: nowrap;;vertical-align:bottom;"> </td> <td style="white-space: nowrap;;text-align:right;;vertical-align:bottom;">6,398</td> <td style="white-space: nowrap;;vertical-align:bottom;"> </td> <td style="width: 1%;;vertical-align:bottom;">  </td> <td style="white-space: nowrap;;vertical-align:bottom;"> </td> <td style="white-space: nowrap;;text-align:right;;vertical-align:bottom;">7,716</td> <td style="white-space: nowrap;;vertical-align:bottom;"> </td> <td style="width: 1%;;vertical-align:bottom;">  </td> <td style="white-space: nowrap;;vertical-align:bottom;"> </td> <td style="white-space: nowrap;;text-align:right;;vertical-align:bottom;">7,714</td> <td style="white-space: nowrap;;vertical-align:bottom;"> </td> </tr> <tr style="font-family: Times New Roman; font-size: 10pt; page-break-inside: avoid;;background-color:#cceeff;"> <td style="background-color: rgb(204, 238, 255); width: 48%;;vertical-align:top;"> <div style="text-indent: -1em; font-family: &quot;Times New Roman&quot;; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: &quot;Times New Roman&quot;; font-size: 10pt; letter-spacing: 0px; top: 0px; background-color: rgb(204, 238, 255);;display:inline;">High grade</div></div> </td> <td style="background-color: rgb(204, 238, 255); width: 1%;;vertical-align:bottom;">  </td> <td style="white-space: nowrap; background-color: rgb(204, 238, 255);;vertical-align:bottom;"> </td> <td style="white-space: nowrap; background-color: rgb(204, 238, 255);;text-align:right;;vertical-align:bottom;">127,690</td> <td style="white-space: nowrap; background-color: rgb(204, 238, 255);;vertical-align:bottom;"> </td> <td style="background-color: rgb(204, 238, 255); width: 1%;;vertical-align:bottom;">  </td> <td style="white-space: nowrap; background-color: rgb(204, 238, 255);;vertical-align:bottom;"> </td> <td style="white-space: nowrap; background-color: rgb(204, 238, 255);;text-align:right;;vertical-align:bottom;">127,678</td> <td style="white-space: nowrap; background-color: rgb(204, 238, 255);;vertical-align:bottom;"> </td> <td style="background-color: rgb(204, 238, 255); width: 1%;;vertical-align:bottom;">  </td> <td style="white-space: nowrap; background-color: rgb(204, 238, 255);;vertical-align:bottom;"> </td> <td style="white-space: nowrap; background-color: rgb(204, 238, 255);;text-align:right;;vertical-align:bottom;">142,339</td> <td style="white-space: nowrap; background-color: rgb(204, 238, 255);;vertical-align:bottom;"> </td> <td style="background-color: rgb(204, 238, 255); width: 1%;;vertical-align:bottom;">  </td> <td style="white-space: nowrap; background-color: rgb(204, 238, 255);;vertical-align:bottom;"> </td> <td style="white-space: nowrap; background-color: rgb(204, 238, 255);;text-align:right;;vertical-align:bottom;">142,352</td> <td style="white-space: nowrap; background-color: rgb(204, 238, 255);;vertical-align:bottom;"> </td> </tr> <tr style="font-family: Times New Roman; font-size: 10pt; page-break-inside: avoid;"> <td style="width: 48%;;vertical-align:top;"> <div style="text-indent: -1em; font-family: &quot;Times New Roman&quot;; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: &quot;Times New Roman&quot;; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Upper medium grade</div></div> </td> <td style="width: 1%;;vertical-align:bottom;">  </td> <td style="white-space: nowrap;;vertical-align:bottom;"> </td> <td style="white-space: nowrap;;text-align:right;;vertical-align:bottom;">119,785</td> <td style="white-space: nowrap;;vertical-align:bottom;"> </td> <td style="width: 1%;;vertical-align:bottom;">  </td> <td style="white-space: nowrap;;vertical-align:bottom;"> </td> <td style="white-space: nowrap;;text-align:right;;vertical-align:bottom;">119,706</td> <td style="white-space: nowrap;;vertical-align:bottom;"> </td> <td style="width: 1%;;vertical-align:bottom;">  </td> <td style="white-space: nowrap;;vertical-align:bottom;"> </td> <td style="white-space: nowrap;;text-align:right;;vertical-align:bottom;">99,503</td> <td style="white-space: nowrap;;vertical-align:bottom;"> </td> <td style="width: 1%;;vertical-align:bottom;">  </td> <td style="white-space: nowrap;;vertical-align:bottom;"> </td> <td style="white-space: nowrap;;text-align:right;;vertical-align:bottom;">99,464</td> <td style="white-space: nowrap;;vertical-align:bottom;"> </td> </tr> <tr style="font-family: Times New Roman; font-size: 10pt; page-break-inside: avoid;;background-color:#cceeff;"> <td style="background-color: rgb(204, 238, 255); width: 48%;;vertical-align:top;"> <div style="text-indent: -1em; font-family: &quot;Times New Roman&quot;; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: &quot;Times New Roman&quot;; font-size: 10pt; letter-spacing: 0px; top: 0px; background-color: rgb(204, 238, 255);;display:inline;">Lower medium grade</div></div> </td> <td style="background-color: rgb(204, 238, 255); width: 1%;;vertical-align:bottom;">  </td> <td style="white-space: nowrap; background-color: rgb(204, 238, 255);;vertical-align:bottom;"> </td> <td style="white-space: nowrap; background-color: rgb(204, 238, 255);;text-align:right;;vertical-align:bottom;">2,914</td> <td style="white-space: nowrap; background-color: rgb(204, 238, 255);;vertical-align:bottom;"> </td> <td style="background-color: rgb(204, 238, 255); width: 1%;;vertical-align:bottom;">  </td> <td style="white-space: nowrap; background-color: rgb(204, 238, 255);;vertical-align:bottom;"> </td> <td style="white-space: nowrap; background-color: rgb(204, 238, 255);;text-align:right;;vertical-align:bottom;">2,911</td> <td style="white-space: nowrap; background-color: rgb(204, 238, 255);;vertical-align:bottom;"> </td> <td style="background-color: rgb(204, 238, 255); width: 1%;;vertical-align:bottom;">  </td> <td style="white-space: nowrap; background-color: rgb(204, 238, 255);;vertical-align:bottom;"> </td> <td style="white-space: nowrap; background-color: rgb(204, 238, 255);;text-align:right;;vertical-align:bottom;">—  </td> <td style="white-space: nowrap; background-color: rgb(204, 238, 255);;vertical-align:bottom;"> </td> <td style="background-color: rgb(204, 238, 255); width: 1%;;vertical-align:bottom;">  </td> <td style="white-space: nowrap; background-color: rgb(204, 238, 255);;vertical-align:bottom;"> </td> <td style="white-space: nowrap; background-color: rgb(204, 238, 255);;text-align:right;;vertical-align:bottom;">—  </td> <td style="white-space: nowrap; background-color: rgb(204, 238, 255);;vertical-align:bottom;"> </td> </tr> <tr style="font-size: 1px;"> <td style="font-family: &quot;Times New Roman&quot;; width: 48%;;vertical-align:bottom;"> </td> <td style="width: 1%;;vertical-align:bottom;">  </td> <td style="vertical-align:bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 1px solid rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div> </td> <td style="vertical-align:bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 1px solid rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div> </td> <td> </td> <td style="width: 1%;;vertical-align:bottom;">  </td> <td style="vertical-align:bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 1px solid rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div> </td> <td style="vertical-align:bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 1px solid rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div> </td> <td> </td> <td style="width: 1%;;vertical-align:bottom;">  </td> <td style="vertical-align:bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 1px solid rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div> </td> <td style="vertical-align:bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 1px solid rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div> </td> <td> </td> <td style="width: 1%;;vertical-align:bottom;">  </td> <td style="vertical-align:bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 1px solid rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div> </td> <td style="vertical-align:bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 1px solid rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div> </td> <td> </td> </tr> <tr style="font-family: Times New Roman; font-size: 10pt; page-break-inside: avoid;"> <td style="width: 48%;;vertical-align:bottom;"> <div style="text-indent: -1em; font-family: &quot;Times New Roman&quot;; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: &quot;Times New Roman&quot;; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;">Total marketable securities</div></div></div> </td> <td style="width: 1%;;vertical-align:bottom;">  </td> <td style="vertical-align:bottom;"><div style="font-weight:bold;display:inline;"> </div></td> <td style="text-align:right;;vertical-align:bottom;"><div style="font-weight:bold;display:inline;">256,787</div></td> <td style="white-space: nowrap;;vertical-align:bottom;"><div style="font-weight:bold;display:inline;"> </div></td> <td style="width: 1%;;vertical-align:bottom;">  </td> <td style="vertical-align:bottom;"><div style="font-weight:bold;display:inline;"> </div></td> <td style="text-align:right;;vertical-align:bottom;"><div style="font-weight:bold;display:inline;">256,693</div></td> <td style="white-space: nowrap;;vertical-align:bottom;"><div style="font-weight:bold;display:inline;"> </div></td> <td style="width: 1%;;vertical-align:bottom;">  </td> <td style="vertical-align:bottom;"><div style="font-weight:bold;display:inline;"> </div></td> <td style="text-align:right;;vertical-align:bottom;"><div style="font-weight:bold;display:inline;">249,558</div></td> <td style="white-space: nowrap;;vertical-align:bottom;"><div style="font-weight:bold;display:inline;"> </div></td> <td style="width: 1%;;vertical-align:bottom;">  </td> <td style="vertical-align:bottom;"><div style="font-weight:bold;display:inline;"> </div></td> <td style="text-align:right;;vertical-align:bottom;"><div style="font-weight:bold;display:inline;">249,530</div></td> <td style="white-space: nowrap;;vertical-align:bottom;"><div style="font-weight:bold;display:inline;"> </div></td> </tr> <tr style="font-size: 1px;"> <td style="font-family: &quot;Times New Roman&quot;; width: 48%;;vertical-align:bottom;"> </td> <td style="width: 1%;;vertical-align:bottom;">  </td> <td style="vertical-align:bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 3px double rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div> </td> <td style="vertical-align:bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 3px double rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div> </td> <td> </td> <td style="width: 1%;;vertical-align:bottom;">  </td> <td style="vertical-align:bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 3px double rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div> </td> <td style="vertical-align:bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 3px double rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div> </td> <td> </td> <td style="width: 1%;;vertical-align:bottom;">  </td> <td style="vertical-align:bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 3px double rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div> </td> <td style="vertical-align:bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 3px double rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div> </td> <td> </td> <td style="width: 1%;;vertical-align:bottom;">  </td> <td style="vertical-align:bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 3px double rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div> </td> <td style="vertical-align:bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 3px double rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div> </td> <td> </td> </tr> </table> <div style="clear: both; max-height: 0px; text-indent: 0px;"/> <div style="clear: both; max-height: 0px; text-indent: 0px;"/> <div style="font-size: 12pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 12pt; letter-spacing: 0px; top: 0px;;display:inline;"> </div></div> 0 0 46243000 46245000 85049000 85049000 62088000 62101000 8832000 8833000 10583000 10581000 144830000 144734000 121282000 121234000 18076000 18077000 9362000 9369000 256787000 256693000 249558000 249530000 90693000 90623000 115280000 115277000 166094000 166070000 134278000 134253000 256787000 256693000 249558000 249530000 231342000 231249000 175757000 175732000 16613000 16611000 16975000 16972000 8832000 8833000 56826000 56826000 256787000 256693000 249558000 249530000 6398000 6398000 7716000 7714000 127690000 127678000 142339000 142352000 119785000 119706000 99503000 99464000 2914000 2911000 256787000 256693000 249558000 249530000 P6M18D P17M15D P10M12D <div style="font-family: &quot;Times New Roman&quot;; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; text-indent: 0px;"><div style="font-family: &quot;Times New Roman&quot;; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;">Note 9—Share Capital </div></div></div> <div style="font-family: &quot;Times New Roman&quot;; font-size: 10pt; margin-top: 6pt; margin-bottom: 0pt; text-indent: 0px;"><div style="font-family: &quot;Times New Roman&quot;; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">The share capital of Ascendis Pharma A/S consists of 53,900,990 outstanding shares at a nominal value of DKK 1, all in the same share class. </div></div> 53900990 1 <div style="font-family: &quot;Times New Roman&quot;; font-size: 10pt; margin-top: 18pt; margin-bottom: 0pt; text-indent: 0px;"><div style="font-family: &quot;Times New Roman&quot;; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;">Note 10 —Lease Liabilities </div></div></div> <div style="font-family: &quot;Times New Roman&quot;; font-size: 10pt; margin-top: 6pt; margin-bottom: 0pt; text-indent: 0px;">The Company primarily leases office and laboratory facilities. Lease arrangements contain a range of different terms and conditions and are typically entered into for fixed periods. Generally, the lease terms are determined according to the <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">non-cancellable</div> period and are between <span style="-sec-ix-hidden:hidden25486367">two</span> and twelve years. In addition, in order to improve flexibility to the Company’s operations, lease terms may provide the Company with options to extend the lease or to terminate the lease within the enforceable lease term. In the Company’s current lease portfolio, extension and termination options range between <span style="-sec-ix-hidden:hidden25486370">two</span> to ten years, in addition to the <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">non-cancellable</div> period. </div> <div style="font-family: &quot;Times New Roman&quot;; font-size: 10pt; margin-top: 12pt; margin-bottom: 0pt; text-indent: 0px;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-family: &quot;Times New Roman&quot;; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Maturity analysis for lease liabilities recognized in the consolidated statements of financial position at June 30, 2021 is specified below. </div></div></div> <div style="font-size: 12pt; margin-top: 0pt; margin-bottom: 0pt; text-indent: 0px;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-size: 12pt; letter-spacing: 0px; top: 0px;;display:inline;"> </div></div></div> <table cellpadding="0" cellspacing="0" style="margin: 0px auto; border: 0px currentcolor; font-size: 10pt; border-collapse: collapse; border-spacing: 0px; text-indent: 0px;;width:100%;"> <tr style="color: white; line-height: 0pt; visibility: hidden;"> <td style="width: 69%;"> </td> <td style="width: 1%; vertical-align: bottom;"> </td> <td> </td> <td style="white-space: nowrap;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;">                         </div></div></div></td> <td> </td> <td style="width: 1%; vertical-align: bottom;"> </td> <td> </td> <td style="white-space: nowrap;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;">                         </div></div></div></td> <td> </td> <td style="width: 1%; vertical-align: bottom;"> </td> <td> </td> <td style="white-space: nowrap;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;">                         </div></div></div></td> <td> </td> <td style="width: 1%; vertical-align: bottom;"> </td> <td> </td> <td style="white-space: nowrap;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;">                         </div></div></div></td> <td> </td> <td style="width: 1%; vertical-align: bottom;"> </td> <td> </td> <td style="white-space: nowrap;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;">                         </div></div></div></td> <td> </td> </tr> <tr style="font-size: 8pt; page-break-inside: avoid;"> <td style="vertical-align: bottom; padding-bottom: 1pt;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></td> <td style="vertical-align: bottom; padding-bottom: 1pt;"><div style="letter-spacing: 0px; top: 0px;;display:inline;">  </div></td> <td colspan="2" style="vertical-align: bottom; border-bottom: 1pt solid rgb(0, 0, 0);;text-align:center;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-family: &quot;Times New Roman&quot;; letter-spacing: 0px; top: 0px;;display:inline;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;">&lt; 1 year</div></div></div></div></td> <td style="vertical-align: bottom; padding-bottom: 1pt;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></td> <td style="vertical-align: bottom; padding-bottom: 1pt;"><div style="letter-spacing: 0px; top: 0px;;display:inline;">  </div></td> <td colspan="2" style="vertical-align: bottom; border-bottom: 1pt solid rgb(0, 0, 0);;text-align:center;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-family: &quot;Times New Roman&quot;; letter-spacing: 0px; top: 0px;;display:inline;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;"><div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">1-5 years</div></div></div></div></div></td> <td style="vertical-align: bottom; padding-bottom: 1pt;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></td> <td style="vertical-align: bottom; padding-bottom: 1pt;"><div style="letter-spacing: 0px; top: 0px;;display:inline;">  </div></td> <td colspan="2" style="vertical-align: bottom; border-bottom: 1pt solid rgb(0, 0, 0);;text-align:center;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-family: &quot;Times New Roman&quot;; letter-spacing: 0px; top: 0px;;display:inline;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;">&gt;5 years</div></div></div></div></td> <td style="vertical-align: bottom; padding-bottom: 1pt;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></td> <td style="vertical-align: bottom; padding-bottom: 1pt;"><div style="letter-spacing: 0px; top: 0px;;display:inline;">  </div></td> <td colspan="2" style="vertical-align: bottom; border-bottom: 1pt solid rgb(0, 0, 0);;text-align:center;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-family: &quot;Times New Roman&quot;; letter-spacing: 0px; top: 0px;;display:inline;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;">Total<br/> contractual<br/> cash-flows</div></div></div></div></td> <td style="vertical-align: bottom; padding-bottom: 1pt;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></td> <td style="vertical-align: bottom; padding-bottom: 1pt;"><div style="letter-spacing: 0px; top: 0px;;display:inline;">  </div></td> <td colspan="2" style="vertical-align: bottom; border-bottom: 1pt solid rgb(0, 0, 0);;text-align:center;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-family: &quot;Times New Roman&quot;; letter-spacing: 0px; top: 0px;;display:inline;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;">Carrying<br/> amount</div></div></div></div></td> <td style="vertical-align: bottom; padding-bottom: 1pt;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></td> </tr> <tr style="font-size: 8pt; page-break-inside: avoid;"> <td style="vertical-align: bottom;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></td> <td style="vertical-align: bottom;"><div style="letter-spacing: 0px; top: 0px;;display:inline;">  </div></td> <td colspan="18" style="vertical-align: bottom;;text-align:center;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-family: &quot;Times New Roman&quot;; letter-spacing: 0px; top: 0px;;display:inline;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;">(EUR’000)</div></div></div></div></td> <td style="vertical-align: bottom;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></td> </tr> <tr style="font-size: 10pt; page-break-inside: avoid; background-color: rgb(204, 238, 255);"> <td style="vertical-align: bottom;"> <div style="text-indent: -1em; font-family: &quot;Times New Roman&quot;; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;"><div style="font-family: &quot;Times New Roman&quot;; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">June 30, 2021</div></div></div></div> </td> <td style="vertical-align: bottom;"><div style="letter-spacing: 0px; top: 0px;;display:inline;">  </div></td> <td style="vertical-align: bottom;"> </td> <td style="vertical-align: bottom;"> </td> <td style="vertical-align: bottom;"> </td> <td style="vertical-align: bottom;"><div style="letter-spacing: 0px; top: 0px;;display:inline;">  </div></td> <td style="vertical-align: bottom;"> </td> <td style="vertical-align: bottom;"> </td> <td style="vertical-align: bottom;"> </td> <td style="vertical-align: bottom;"><div style="letter-spacing: 0px; top: 0px;;display:inline;">  </div></td> <td style="vertical-align: bottom;"> </td> <td style="vertical-align: bottom;"> </td> <td style="vertical-align: bottom;"> </td> <td style="vertical-align: bottom;"><div style="letter-spacing: 0px; top: 0px;;display:inline;">  </div></td> <td style="vertical-align: bottom;"> </td> <td style="vertical-align: bottom;"> </td> <td style="vertical-align: bottom;"> </td> <td style="vertical-align: bottom;"><div style="letter-spacing: 0px; top: 0px;;display:inline;">  </div></td> <td style="vertical-align: bottom;"> </td> <td style="vertical-align: bottom;"> </td> <td style="vertical-align: bottom;"> </td> </tr> <tr style="font-family: Times New Roman; font-size: 10pt; page-break-inside: avoid;"> <td style="width: 69%;;vertical-align:top;"> <div style="text-indent: -1em; font-family: &quot;Times New Roman&quot;; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: &quot;Times New Roman&quot;; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Lease liabilities</div></div> </td> <td style="width: 1%;;vertical-align:bottom;">  </td> <td style="white-space: nowrap;;vertical-align:bottom;"> </td> <td style="white-space: nowrap;;text-align:right;;vertical-align:bottom;">7,051</td> <td style="white-space: nowrap;;vertical-align:bottom;"> </td> <td style="width: 1%;;vertical-align:bottom;">  </td> <td style="white-space: nowrap;;vertical-align:bottom;"> </td> <td style="white-space: nowrap;;text-align:right;;vertical-align:bottom;">45,162</td> <td style="white-space: nowrap;;vertical-align:bottom;"> </td> <td style="width: 1%;;vertical-align:bottom;">  </td> <td style="white-space: nowrap;;vertical-align:bottom;"> </td> <td style="white-space: nowrap;;text-align:right;;vertical-align:bottom;">71,397</td> <td style="white-space: nowrap;;vertical-align:bottom;"> </td> <td style="width: 1%;;vertical-align:bottom;">  </td> <td style="white-space: nowrap;;vertical-align:bottom;"> </td> <td style="white-space: nowrap;;text-align:right;;vertical-align:bottom;">123,610</td> <td style="white-space: nowrap;;vertical-align:bottom;"> </td> <td style="width: 1%;;vertical-align:bottom;">  </td> <td style="white-space: nowrap;;vertical-align:bottom;"> </td> <td style="white-space: nowrap;;text-align:right;;vertical-align:bottom;">101,009</td> <td style="white-space: nowrap;;vertical-align:bottom;"> </td> </tr> <tr style="font-size: 1px;"> <td style="font-family: &quot;Times New Roman&quot;; width: 69%;;vertical-align:bottom;"> </td> <td style="width: 1%;;vertical-align:bottom;">  </td> <td style="vertical-align:bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 1px solid rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div> </td> <td style="vertical-align:bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 1px solid rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div> </td> <td> </td> <td style="width: 1%;;vertical-align:bottom;">  </td> <td style="vertical-align:bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 1px solid rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div> </td> <td style="vertical-align:bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 1px solid rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div> </td> <td> </td> <td style="width: 1%;;vertical-align:bottom;">  </td> <td style="vertical-align:bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 1px solid rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div> </td> <td style="vertical-align:bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 1px solid rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div> </td> <td> </td> <td style="width: 1%;;vertical-align:bottom;">  </td> <td style="vertical-align:bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 1px solid rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div> </td> <td style="vertical-align:bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 1px solid rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div> </td> <td> </td> <td style="width: 1%;;vertical-align:bottom;">  </td> <td style="vertical-align:bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 1px solid rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div> </td> <td style="vertical-align:bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 1px solid rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div> </td> <td> </td> </tr> <tr style="font-family: Times New Roman; font-size: 10pt; page-break-inside: avoid;;background-color:#cceeff;"> <td style="background-color: rgb(204, 238, 255); width: 69%;;vertical-align:bottom;"> <div style="text-indent: -1em; font-family: &quot;Times New Roman&quot;; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: &quot;Times New Roman&quot;; font-size: 10pt; letter-spacing: 0px; top: 0px; background-color: rgb(204, 238, 255);;display:inline;"><div style="font-weight:bold;display:inline;">Total lease liabilities</div></div></div> </td> <td style="background-color: rgb(204, 238, 255); width: 1%;;vertical-align:bottom;">  </td> <td style="background-color: rgb(204, 238, 255);;vertical-align:bottom;"><div style="font-weight:bold;display:inline;"> </div></td> <td style="background-color: rgb(204, 238, 255);;text-align:right;;vertical-align:bottom;"><div style="font-weight:bold;display:inline;">7,051</div></td> <td style="white-space: nowrap; background-color: rgb(204, 238, 255);;vertical-align:bottom;"><div style="font-weight:bold;display:inline;"> </div></td> <td style="background-color: rgb(204, 238, 255); width: 1%;;vertical-align:bottom;">  </td> <td style="background-color: rgb(204, 238, 255);;vertical-align:bottom;"><div style="font-weight:bold;display:inline;"> </div></td> <td style="background-color: rgb(204, 238, 255);;text-align:right;;vertical-align:bottom;"><div style="font-weight:bold;display:inline;">45,162</div></td> <td style="white-space: nowrap; background-color: rgb(204, 238, 255);;vertical-align:bottom;"><div style="font-weight:bold;display:inline;"> </div></td> <td style="background-color: rgb(204, 238, 255); width: 1%;;vertical-align:bottom;">  </td> <td style="background-color: rgb(204, 238, 255);;vertical-align:bottom;"><div style="font-weight:bold;display:inline;"> </div></td> <td style="background-color: rgb(204, 238, 255);;text-align:right;;vertical-align:bottom;"><div style="font-weight:bold;display:inline;">71,397</div></td> <td style="white-space: nowrap; background-color: rgb(204, 238, 255);;vertical-align:bottom;"><div style="font-weight:bold;display:inline;"> </div></td> <td style="background-color: rgb(204, 238, 255); width: 1%;;vertical-align:bottom;">  </td> <td style="background-color: rgb(204, 238, 255);;vertical-align:bottom;"><div style="font-weight:bold;display:inline;"> </div></td> <td style="background-color: rgb(204, 238, 255);;text-align:right;;vertical-align:bottom;"><div style="font-weight:bold;display:inline;">123,610</div></td> <td style="white-space: nowrap; background-color: rgb(204, 238, 255);;vertical-align:bottom;"><div style="font-weight:bold;display:inline;"> </div></td> <td style="background-color: rgb(204, 238, 255); width: 1%;;vertical-align:bottom;">  </td> <td style="background-color: rgb(204, 238, 255);;vertical-align:bottom;"><div style="font-weight:bold;display:inline;"> </div></td> <td style="background-color: rgb(204, 238, 255);;text-align:right;;vertical-align:bottom;"><div style="font-weight:bold;display:inline;">101,009</div></td> <td style="white-space: nowrap; background-color: rgb(204, 238, 255);;vertical-align:bottom;"><div style="font-weight:bold;display:inline;"> </div></td> </tr> <tr style="font-size: 1px;"> <td style="font-family: &quot;Times New Roman&quot;; width: 69%;;vertical-align:bottom;"> </td> <td style="width: 1%;;vertical-align:bottom;">  </td> <td style="vertical-align:bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 3px double rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div> </td> <td style="vertical-align:bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 3px double rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div> </td> <td> </td> <td style="width: 1%;;vertical-align:bottom;">  </td> <td style="vertical-align:bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 3px double rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div> </td> <td style="vertical-align:bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 3px double rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div> </td> <td> </td> <td style="width: 1%;;vertical-align:bottom;">  </td> <td style="vertical-align:bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 3px double rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div> </td> <td style="vertical-align:bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 3px double rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div> </td> <td> </td> <td style="width: 1%;;vertical-align:bottom;">  </td> <td style="vertical-align:bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 3px double rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div> </td> <td style="vertical-align:bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 3px double rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div> </td> <td> </td> <td style="width: 1%;;vertical-align:bottom;">  </td> <td style="vertical-align:bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 3px double rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div> </td> <td style="vertical-align:bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 3px double rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div> </td> <td> </td> </tr> </table> <div style="clear: both; max-height: 0px; text-indent: 0px;"/> <div style="font-family: &quot;Times New Roman&quot;; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;"> </div> <div style="font-size: 12pt; margin-top: 0pt; margin-bottom: 0pt; text-indent: 0px;"><div style="font-size: 12pt; letter-spacing: 0px; top: 0px;;display:inline;"> </div></div> P12Y P10Y <div style="font-family: &quot;Times New Roman&quot;; font-size: 10pt; margin-top: 12pt; margin-bottom: 0pt; text-indent: 0px;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-family: &quot;Times New Roman&quot;; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Maturity analysis for lease liabilities recognized in the consolidated statements of financial position at June 30, 2021 is specified below. </div></div></div> <div style="font-size: 12pt; margin-top: 0pt; margin-bottom: 0pt; text-indent: 0px;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-size: 12pt; letter-spacing: 0px; top: 0px;;display:inline;"> </div></div></div> <table cellpadding="0" cellspacing="0" style="margin: 0px auto; border: 0px currentcolor; font-size: 10pt; border-collapse: collapse; border-spacing: 0px; text-indent: 0px;;width:100%;"> <tr style="color: white; line-height: 0pt; visibility: hidden;"> <td style="width: 69%;"> </td> <td style="width: 1%; vertical-align: bottom;"> </td> <td> </td> <td style="white-space: nowrap;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;">                         </div></div></div></td> <td> </td> <td style="width: 1%; vertical-align: bottom;"> </td> <td> </td> <td style="white-space: nowrap;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;">                         </div></div></div></td> <td> </td> <td style="width: 1%; vertical-align: bottom;"> </td> <td> </td> <td style="white-space: nowrap;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;">                         </div></div></div></td> <td> </td> <td style="width: 1%; vertical-align: bottom;"> </td> <td> </td> <td style="white-space: nowrap;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;">                         </div></div></div></td> <td> </td> <td style="width: 1%; vertical-align: bottom;"> </td> <td> </td> <td style="white-space: nowrap;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;">                         </div></div></div></td> <td> </td> </tr> <tr style="font-size: 8pt; page-break-inside: avoid;"> <td style="vertical-align: bottom; padding-bottom: 1pt;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></td> <td style="vertical-align: bottom; padding-bottom: 1pt;"><div style="letter-spacing: 0px; top: 0px;;display:inline;">  </div></td> <td colspan="2" style="vertical-align: bottom; border-bottom: 1pt solid rgb(0, 0, 0);;text-align:center;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-family: &quot;Times New Roman&quot;; letter-spacing: 0px; top: 0px;;display:inline;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;">&lt; 1 year</div></div></div></div></td> <td style="vertical-align: bottom; padding-bottom: 1pt;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></td> <td style="vertical-align: bottom; padding-bottom: 1pt;"><div style="letter-spacing: 0px; top: 0px;;display:inline;">  </div></td> <td colspan="2" style="vertical-align: bottom; border-bottom: 1pt solid rgb(0, 0, 0);;text-align:center;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-family: &quot;Times New Roman&quot;; letter-spacing: 0px; top: 0px;;display:inline;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;"><div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">1-5 years</div></div></div></div></div></td> <td style="vertical-align: bottom; padding-bottom: 1pt;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></td> <td style="vertical-align: bottom; padding-bottom: 1pt;"><div style="letter-spacing: 0px; top: 0px;;display:inline;">  </div></td> <td colspan="2" style="vertical-align: bottom; border-bottom: 1pt solid rgb(0, 0, 0);;text-align:center;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-family: &quot;Times New Roman&quot;; letter-spacing: 0px; top: 0px;;display:inline;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;">&gt;5 years</div></div></div></div></td> <td style="vertical-align: bottom; padding-bottom: 1pt;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></td> <td style="vertical-align: bottom; padding-bottom: 1pt;"><div style="letter-spacing: 0px; top: 0px;;display:inline;">  </div></td> <td colspan="2" style="vertical-align: bottom; border-bottom: 1pt solid rgb(0, 0, 0);;text-align:center;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-family: &quot;Times New Roman&quot;; letter-spacing: 0px; top: 0px;;display:inline;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;">Total<br/> contractual<br/> cash-flows</div></div></div></div></td> <td style="vertical-align: bottom; padding-bottom: 1pt;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></td> <td style="vertical-align: bottom; padding-bottom: 1pt;"><div style="letter-spacing: 0px; top: 0px;;display:inline;">  </div></td> <td colspan="2" style="vertical-align: bottom; border-bottom: 1pt solid rgb(0, 0, 0);;text-align:center;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-family: &quot;Times New Roman&quot;; letter-spacing: 0px; top: 0px;;display:inline;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;">Carrying<br/> amount</div></div></div></div></td> <td style="vertical-align: bottom; padding-bottom: 1pt;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></td> </tr> <tr style="font-size: 8pt; page-break-inside: avoid;"> <td style="vertical-align: bottom;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></td> <td style="vertical-align: bottom;"><div style="letter-spacing: 0px; top: 0px;;display:inline;">  </div></td> <td colspan="18" style="vertical-align: bottom;;text-align:center;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-family: &quot;Times New Roman&quot;; letter-spacing: 0px; top: 0px;;display:inline;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;">(EUR’000)</div></div></div></div></td> <td style="vertical-align: bottom;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></td> </tr> <tr style="font-size: 10pt; page-break-inside: avoid; background-color: rgb(204, 238, 255);"> <td style="vertical-align: bottom;"> <div style="text-indent: -1em; font-family: &quot;Times New Roman&quot;; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;"><div style="font-family: &quot;Times New Roman&quot;; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">June 30, 2021</div></div></div></div> </td> <td style="vertical-align: bottom;"><div style="letter-spacing: 0px; top: 0px;;display:inline;">  </div></td> <td style="vertical-align: bottom;"> </td> <td style="vertical-align: bottom;"> </td> <td style="vertical-align: bottom;"> </td> <td style="vertical-align: bottom;"><div style="letter-spacing: 0px; top: 0px;;display:inline;">  </div></td> <td style="vertical-align: bottom;"> </td> <td style="vertical-align: bottom;"> </td> <td style="vertical-align: bottom;"> </td> <td style="vertical-align: bottom;"><div style="letter-spacing: 0px; top: 0px;;display:inline;">  </div></td> <td style="vertical-align: bottom;"> </td> <td style="vertical-align: bottom;"> </td> <td style="vertical-align: bottom;"> </td> <td style="vertical-align: bottom;"><div style="letter-spacing: 0px; top: 0px;;display:inline;">  </div></td> <td style="vertical-align: bottom;"> </td> <td style="vertical-align: bottom;"> </td> <td style="vertical-align: bottom;"> </td> <td style="vertical-align: bottom;"><div style="letter-spacing: 0px; top: 0px;;display:inline;">  </div></td> <td style="vertical-align: bottom;"> </td> <td style="vertical-align: bottom;"> </td> <td style="vertical-align: bottom;"> </td> </tr> <tr style="font-family: Times New Roman; font-size: 10pt; page-break-inside: avoid;"> <td style="width: 69%;;vertical-align:top;"> <div style="text-indent: -1em; font-family: &quot;Times New Roman&quot;; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: &quot;Times New Roman&quot;; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Lease liabilities</div></div> </td> <td style="width: 1%;;vertical-align:bottom;">  </td> <td style="white-space: nowrap;;vertical-align:bottom;"> </td> <td style="white-space: nowrap;;text-align:right;;vertical-align:bottom;">7,051</td> <td style="white-space: nowrap;;vertical-align:bottom;"> </td> <td style="width: 1%;;vertical-align:bottom;">  </td> <td style="white-space: nowrap;;vertical-align:bottom;"> </td> <td style="white-space: nowrap;;text-align:right;;vertical-align:bottom;">45,162</td> <td style="white-space: nowrap;;vertical-align:bottom;"> </td> <td style="width: 1%;;vertical-align:bottom;">  </td> <td style="white-space: nowrap;;vertical-align:bottom;"> </td> <td style="white-space: nowrap;;text-align:right;;vertical-align:bottom;">71,397</td> <td style="white-space: nowrap;;vertical-align:bottom;"> </td> <td style="width: 1%;;vertical-align:bottom;">  </td> <td style="white-space: nowrap;;vertical-align:bottom;"> </td> <td style="white-space: nowrap;;text-align:right;;vertical-align:bottom;">123,610</td> <td style="white-space: nowrap;;vertical-align:bottom;"> </td> <td style="width: 1%;;vertical-align:bottom;">  </td> <td style="white-space: nowrap;;vertical-align:bottom;"> </td> <td style="white-space: nowrap;;text-align:right;;vertical-align:bottom;">101,009</td> <td style="white-space: nowrap;;vertical-align:bottom;"> </td> </tr> <tr style="font-size: 1px;"> <td style="font-family: &quot;Times New Roman&quot;; width: 69%;;vertical-align:bottom;"> </td> <td style="width: 1%;;vertical-align:bottom;">  </td> <td style="vertical-align:bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 1px solid rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div> </td> <td style="vertical-align:bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 1px solid rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div> </td> <td> </td> <td style="width: 1%;;vertical-align:bottom;">  </td> <td style="vertical-align:bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 1px solid rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div> </td> <td style="vertical-align:bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 1px solid rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div> </td> <td> </td> <td style="width: 1%;;vertical-align:bottom;">  </td> <td style="vertical-align:bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 1px solid rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div> </td> <td style="vertical-align:bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 1px solid rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div> </td> <td> </td> <td style="width: 1%;;vertical-align:bottom;">  </td> <td style="vertical-align:bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 1px solid rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div> </td> <td style="vertical-align:bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 1px solid rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div> </td> <td> </td> <td style="width: 1%;;vertical-align:bottom;">  </td> <td style="vertical-align:bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 1px solid rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div> </td> <td style="vertical-align:bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 1px solid rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div> </td> <td> </td> </tr> <tr style="font-family: Times New Roman; font-size: 10pt; page-break-inside: avoid;;background-color:#cceeff;"> <td style="background-color: rgb(204, 238, 255); width: 69%;;vertical-align:bottom;"> <div style="text-indent: -1em; font-family: &quot;Times New Roman&quot;; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: &quot;Times New Roman&quot;; font-size: 10pt; letter-spacing: 0px; top: 0px; background-color: rgb(204, 238, 255);;display:inline;"><div style="font-weight:bold;display:inline;">Total lease liabilities</div></div></div> </td> <td style="background-color: rgb(204, 238, 255); width: 1%;;vertical-align:bottom;">  </td> <td style="background-color: rgb(204, 238, 255);;vertical-align:bottom;"><div style="font-weight:bold;display:inline;"> </div></td> <td style="background-color: rgb(204, 238, 255);;text-align:right;;vertical-align:bottom;"><div style="font-weight:bold;display:inline;">7,051</div></td> <td style="white-space: nowrap; background-color: rgb(204, 238, 255);;vertical-align:bottom;"><div style="font-weight:bold;display:inline;"> </div></td> <td style="background-color: rgb(204, 238, 255); width: 1%;;vertical-align:bottom;">  </td> <td style="background-color: rgb(204, 238, 255);;vertical-align:bottom;"><div style="font-weight:bold;display:inline;"> </div></td> <td style="background-color: rgb(204, 238, 255);;text-align:right;;vertical-align:bottom;"><div style="font-weight:bold;display:inline;">45,162</div></td> <td style="white-space: nowrap; background-color: rgb(204, 238, 255);;vertical-align:bottom;"><div style="font-weight:bold;display:inline;"> </div></td> <td style="background-color: rgb(204, 238, 255); width: 1%;;vertical-align:bottom;">  </td> <td style="background-color: rgb(204, 238, 255);;vertical-align:bottom;"><div style="font-weight:bold;display:inline;"> </div></td> <td style="background-color: rgb(204, 238, 255);;text-align:right;;vertical-align:bottom;"><div style="font-weight:bold;display:inline;">71,397</div></td> <td style="white-space: nowrap; background-color: rgb(204, 238, 255);;vertical-align:bottom;"><div style="font-weight:bold;display:inline;"> </div></td> <td style="background-color: rgb(204, 238, 255); width: 1%;;vertical-align:bottom;">  </td> <td style="background-color: rgb(204, 238, 255);;vertical-align:bottom;"><div style="font-weight:bold;display:inline;"> </div></td> <td style="background-color: rgb(204, 238, 255);;text-align:right;;vertical-align:bottom;"><div style="font-weight:bold;display:inline;">123,610</div></td> <td style="white-space: nowrap; background-color: rgb(204, 238, 255);;vertical-align:bottom;"><div style="font-weight:bold;display:inline;"> </div></td> <td style="background-color: rgb(204, 238, 255); width: 1%;;vertical-align:bottom;">  </td> <td style="background-color: rgb(204, 238, 255);;vertical-align:bottom;"><div style="font-weight:bold;display:inline;"> </div></td> <td style="background-color: rgb(204, 238, 255);;text-align:right;;vertical-align:bottom;"><div style="font-weight:bold;display:inline;">101,009</div></td> <td style="white-space: nowrap; background-color: rgb(204, 238, 255);;vertical-align:bottom;"><div style="font-weight:bold;display:inline;"> </div></td> </tr> <tr style="font-size: 1px;"> <td style="font-family: &quot;Times New Roman&quot;; width: 69%;;vertical-align:bottom;"> </td> <td style="width: 1%;;vertical-align:bottom;">  </td> <td style="vertical-align:bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 3px double rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div> </td> <td style="vertical-align:bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 3px double rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div> </td> <td> </td> <td style="width: 1%;;vertical-align:bottom;">  </td> <td style="vertical-align:bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 3px double rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div> </td> <td style="vertical-align:bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 3px double rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div> </td> <td> </td> <td style="width: 1%;;vertical-align:bottom;">  </td> <td style="vertical-align:bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 3px double rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div> </td> <td style="vertical-align:bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 3px double rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div> </td> <td> </td> <td style="width: 1%;;vertical-align:bottom;">  </td> <td style="vertical-align:bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 3px double rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div> </td> <td style="vertical-align:bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 3px double rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div> </td> <td> </td> <td style="width: 1%;;vertical-align:bottom;">  </td> <td style="vertical-align:bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 3px double rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div> </td> <td style="vertical-align:bottom;"> <div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 3px double rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div> </td> <td> </td> </tr> </table> <div style="clear: both; max-height: 0px; text-indent: 0px;"/> <div style="font-family: &quot;Times New Roman&quot;; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;"> </div> <div style="font-size: 12pt; margin-top: 0pt; margin-bottom: 0pt; text-indent: 0px;"><div style="font-size: 12pt; letter-spacing: 0px; top: 0px;;display:inline;"> </div></div> 7051000 45162000 71397000 123610000 101009000 7051000 45162000 71397000 123610000 101009000 <div style="font-family: &quot;Times New Roman&quot;; font-size: 10pt; margin-top: 18pt; margin-bottom: 0pt;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;"><div style="font-family: &quot;Times New Roman&quot;; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Note 11—Subsequent Events </div></div></div></div> <div style="font-family: Times New Roman; font-size: 10pt; margin-top: 6pt; margin-bottom: 0pt;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-family: &quot;Times New Roman&quot;; font-size: 10pt; letter-spacing: 0px; top: 0px; text-indent: 0px;;display:inline;"><div style="display:inline;">O</div>n August 25, 2021, the Company announced that the U.S. Food and Drug Administration, or FDA, has approved SKYTROFA (lonapegsomatropin-tcgd) for the treatment of pediatric patients one year and older who weigh at least 11.5 kg (25.4 lb) and have growth failure due to inadequate secretion of endogenous growth hormone (GH). In order to accommodate market demands, the Company has initiated manufacturing of inventories prior to obtaining marketing approval, or pre-launch inventories, for SKYTROFA. However, since pre-launch inventories are not realizable prior to obtaining marketing approval, pre-launch inventories are immediately written down to zero through research and development costs. As a result of the marketing approval received on August 25, 2021, the Company will reverse prior periods’ write-downs of pre-launch inventories through research and development costs, at the lower of cost and net-realizable value. Subsequent to the reporting date, reversal of prior periods’ write-downs is expected to have a positive impact on research and development costs of approximately €</div></div>50<div style="font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;"> million.</div></div> <div style="font-family: &quot;Times New Roman&quot;; font-size: 10pt; margin-top: 12pt; margin-bottom: 0pt; text-indent: 0px;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-family: &quot;Times New Roman&quot;; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">No other events have occurred after the reporting date that would influence the evaluation of these unaudited condensed consolidated interim financial statements. </div></div></div> <div style="font-family: &quot;Times New Roman&quot;; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;"> </div> 50000000 A total of 6,065,823 warrants outstanding as of June 30, 2021 can potentially dilute earnings per share in the future but have not been included in the calculation of diluted earnings per share because they are antidilutive for the periods presented. Similarly, a total of 5,788,390 warrants outstanding as of June 30, 2020 are also considered antidilutive for the periods presented and have not been included in the calculation.