(all amounts in Euro thousands)
| |
2017 |
2016 |
2017 |
2016 |
| Cash at bank and in hand |
96 |
245 |
24 |
144 |
| Short-term bank deposits |
154,151 |
179,465 |
29,299 |
11,074 |
| |
154,247 |
179,710 |
29,323 |
11,218 |
Short-term bank deposits comprise primarily of current accounts and time deposits. The effective interest rates on these short-term bank deposits are based on floating rates and are negotiated on a case by case basis.