11 Cash and Cash Equivalents / Securities

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€ million

 

2014

 

2013

 

 

 

 

 

1

The securities mainly consist of bonds from various issuers which are classified as “available for sale.”

Securities1

 

195.0

 

192.7

Of which current

 

157.4

 

71.9

Of which noncurrent

 

37.6

 

120.8

 

 

 

 

 

Cash and cash equivalents

 

 

 

 

Cash equivalents

 

75.0

 

51.3

Demand deposits, cash on hand

 

250.9

 

380.5

 

 

325.9

 

431.8

 

 

 

 

 

Demand deposits and cash on hand are shown at their nominal amounts. Cash equivalents mainly consist of commercial paper (from issuers with first-class credit standing) classified as “held to maturity.”