21. Cash and Cash Equivalents

in thousands of EUR

31 December 2014

31 December 2013

Cash at bank and in hand

133,653

99,494

Short-term bank deposits and marketable securities

443

3,068

134,095

102,562

‘Cash and cash equivalents’ contains the net position for the cash pooling agreement. At 31 December 2014, the gross amount is €65,203 as assets and €63,541 as liabilities (31 December 2013: €439,955 as assets and €439,848 as liabilities).

In December 2014 an amount of €1.1 million was pledged by GrandVision against a credit line. 

Cash and cash equivalents by currency:

in thousands of EUR

31 December 2014

31 December 2013

Euro (EUR)

86,249

37,756

British Pound Sterling (GBP)

9,203

7,694

Norwegian Krone (NOK)

4,863

7,456

Polish Zloty (PLN)

5,010

18,723

Mexican Peso (MXN)

3,907

4,009

Other

24,863

26,924

134,095

102,562

At 31 December 2014 an amount of USD 2.1 million is kept by a custody company in Mexico in order to be exchanged in local currency. A Presidential Decree was signed in September 2014 which enables the Group to have full access to the amount. The first USD amounts were transferred in January 2015.

For the purposes of the cash flow statement, cash and cash equivalents comprise the following:

in thousands of EUR

Notes

31 December 2014

31 December 2013

Cash and bank balances

134,095

102,562

Bank overdrafts

24

- 79,690

- 80,401

54,405

22,161