27 Cash and Cash Equivalents

Cash and cash equivalents include cash on hand, checks and deposits at banking institutions totaling € 1,540.8 million (Dec. 31, 2015: € 2,108.0 million), as well as marketable current securities in the amount of € 999.9 million, as in the previous year.

€ 51.7 million (Dec. 31, 2015: € 84.2 million) of the bank balances are restricted with regard to their use.