14. Cash and cash equivalents
The cash and cash equivalents were as follows:
| In millions of euros | 31 Dec. 2025 | 31 Dec. 2024 |
|---|---|---|
| Banks | 18.6 | 41.4 |
| Security deposits | 10.0 | 25.0 |
| Total cash and cash equivalents | 28.6 | 66.4 |
Bank balances carry an interest rate based on daily interest and are payable immediately. The call funds and deposits are also interest bearing and have a short term (varying between 1 and 90 days).