Current securities consist of short-term or marketable securities which represent temporary investments, but which do not satisfy all the requirements for being classified as cash equivalents. In particular:
| (€ million) | At 31 December 2013 | At 31 December 2012 |
|---|---|---|
| Current securities available-for-safe | 92 | 83 |
| Current securities held-for-trading | 155 | 173 |
| Total Current securities | 247 | 256 |