33. Cash, Cash Equivalents and Short-Term Deposits

Cash, Cash Equivalents and Short-Term Deposits

in € thousand

 

31.12.2017

 

31.12.2016

Cash and cash equivalents with a maturity of up to 3 months

 

49,953

 

12,869

Short-term deposits with a maturity of 4–12 months

 

20,000

 

18,795

Bank balances and cash in hand

 

131,561

 

145,528

 

 

201,514

 

177,192

Cash, cash equivalents and short-term deposits are made up of cash in hand and various bank balances in different currencies. This includes funds that are not freely available of € 11,215 thousand used to secure working lifetime accounts.

Cash and short-term deposits of € 10,438 thousand (previous year: € 16,193 thousand) is subject to foreign exchange outflow restrictions.

As of the balance sheet date, the Group had unused lines of credit amounting to € 3,207 thousand (previous year: € 207 thousand) and had met all the conditions for their use. HHLA is confident that the Group has sufficient credit lines at its disposal whenever required.