33. Cash, cash equivalents and short-term deposits

Cash, cash equivalents and short-term deposits

in € thousand

 

31.12.2018

 

31.12.2017

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

 

25,683

 

49,953

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

 

22,450

 

20,000

Bank balances and cash in hand

 

133,327

 

131,561

 

 

181,460

 

201,514

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

Cash and short-term deposits of € 14,507 thousand (previous year: € 10,438 thousand) are subject to foreign exchange outflow restrictions.

As of the balance sheet date, the Group had unused lines of credit amounting to € 2,713 thousand (previous year: € 3,207 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.