[20] Cash and cash equivalents

Cash and cash equivalents of EUR 1.417 bn (2014: EUR 1.137 bn) comprised mainly cash at banks and money market funds which have maturities of three months or less.

 (XLS:) Download

Cash and cash equivalents

 

 

 

 

 

in EUR m

 

31.12.2015

 

31.12.2014

Bank balances

 

739

 

663

Money market funds

 

200

 

264

Cheques

 

5

 

1

Cash

 

1

 

2

Cash equivalents

 

472

 

207

Total

 

1,417

 

1,137

The Linde Group concludes Credit Support Annexes (CSAs) with banks to reduce counterparty risk. Under these agreements, the positive and negative fair values of derivatives held by Linde AG and Linde Finance B. V. are collateralised with cash on a regular basis. At 31 December 2015, an amount of EUR 371 m was disclosed in cash and cash equivalents as a result of these agreements (2014: EUR 141 m).