41. Cash and cash equivalents
Cash and cash equivalents consisted of the following items as of:
|
31/12/2025 |
31/12/2024 |
|
|---|---|---|
|
€ 000 |
€ 000 |
|
|
Cash and cash equivalents at bank |
175,476 |
296,773 |
|
Total |
175,476 |
296,773 |
Cash and cash equivalents are held for the purpose of meeting short-term cash commitments rather than for investment or other purposes. Cash and cash equivalents are comprised of cash at bank and on hand and highly liquid investments that are readily convertible to known amounts of cash, are subject to only an insignificant risk of changes in value and have an original maturity of less than three months.