44. Cash and cash equivalents

Cash and cash equivalents are recognised at nominal value. The item only includes cash and cash equivalents payable on demand. Cash and cash equivalents not payable on demand are recognised under other current financial assets, depending on the applicable maturities and conditions.

€ Million

2025

2024

Cash at bank and cash balances

56

44

Money market funds

160

0

Total

216

44

At the end of 2025, € 160 million in surplus cash was placed in various money market funds. These funds are immediately available.