in EUR m | 2025 | 2024 | 2023 |
Cash and bank balances | 408.9 | 252.5 | 231.7 |
Short-term bank deposits | 119.1 | 125.6 | 74.7 |
Balance at December 31 | 528.0 | 378.1 | 306.4 |
For the purpose of the cash flow statement, cash and cash equivalents comprise the following:
in EUR m | 2025 | 2024 | 2023 |
Cash and bank balances | 408.9 | 252.5 | 231.7 |
Short-term bank deposits | 119.1 | 125.6 | 74.7 |
Bank overdrafts (Note 4.4) | (1.6) | (2.3) | (5.3) |
Balance at December 31 | 526.4 | 375.8 | 301.1 |
Cash and cash equivalents include cash on hand, deposits held at call with banks and other short-term, highly liquid investments with original maturities of three months or less and insignificant risk of changes in value. Bank overdrafts are shown in the balance sheet within short-term debt.