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.