Annual Report 2023

Notes

23. Cash and cash equivalents

€ million

 

Dec. 31, 2023

 

Dec. 31, 2022

 

 

 

 

 

Bank balances

 

43,158

 

28,685

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

 

291

 

487

 

 

43,449

 

29,172

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