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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.