13. Cash and cash equivalents
In € thousand |
31/12/2019 |
31/12/2018 |
|---|---|---|
Cash collateral in connection with securities lending transactions |
0 |
772,196 |
Current bank balances, cheques and cash-in-hand |
479,621 |
672,195 |
Total |
479,621 |
1,444,391 |
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.