EUR thousand |
|
12/31/2025 |
|
12/31/2024 |
|---|---|---|---|---|
Overnight loans and short-term time deposits |
|
89,632 |
|
83,252 |
Current account balances |
|
55,324 |
|
51,700 |
Cash |
|
6 |
|
8 |
Total |
|
144,962 |
|
134,960 |
Cash and cash equivalents are subject to the impairment requirements of IFRS 9. No impairment was recognized, as the cash and cash equivalents are primarily held with banks in the European Union and mainly in euros, and the requirements have no material impact. As there have been no defaults in the past and no indications of future defaults, they are recognized at nominal value.
Bank balances earn interest at floating rates for demand deposits. Short-term deposits are made for periods varying between one day and one month, depending on the immediate cash requirements of the Group. They earn interest at the current short-term deposit interest rate.