Annual Report 2024

Notes

23. Cash and cash equivalents

Cash and cash equivalents

€ million

 

Dec. 31, 2024

 

Dec. 31, 2023

 

 

 

 

 

Bank balances

 

39,816

 

43,158

Checks, cash-in-hand, bills and call deposits

 

480

 

291

 

 

40,296

 

43,449

Bank balances are held at various banks in different currencies and also include time deposits with maturities of less than three months.