In the reporting period, cash and cash equivalents amounting to €378,771 thousand (previous year: €643,115 thousand) exclusively comprised current bank balances and cash in hand. In the previous year, they also included fixed-term deposits with a maturity of less than three months amounting to €185,700 thousand. For the disclosures in accordance with IFRS 7, cash and cash equivalents are allocated in full to the “Cash and cash equivalents” class.
As of the balance sheet date, the impairment on cash and cash equivalents regularly expected on the basis of current bank ratings and a corresponding reconciliation to the default risks was immaterial, meaning that no impairment was recognised.