13. Cash and cash equivalents

In € thousand

31/12/2018

31/12/2017

Cash collateral in connection with securities lending transactions

772,196

0

Current bank balances, cheques and cash-in-hand

672,195

650,307

Total

1,444,391

650,307

Cash and cash equivalents are measured at the exchange rate in effect on the reporting date. The item “Cash and cash equivalents” in the consolidated statement of cash flows corresponds to the item with the same name in the consolidated statement of financial position.