This website uses cookies to remember your personal preferences and gather statistics. Click here for more information about cookies.

Yes, I agree No, I do not agree X

Financial statements

15 Cash and cash equivalents

 

2018

2017

Bank deposits

-

-

Bank balances

20,521

21,486

Balance as at 31 December

20,521

21,486

The bank balances of € 20.5 million are freely available to the Fund as at 31 December 2018. In order to minimalise the costs of the negative interest rate on the bank balances, during 2018 the Fund used 30-day bank deposits. The bank deposits have a 30 days' notice period.

  • Share this article