(all amounts in Euro thousands)
| |
2016 |
2015 |
2016 |
2015 |
| Cash at bank and in hand |
245 |
428 |
144 |
281 |
| Short-term bank deposits |
179,465 |
121,305 |
11,074 |
8,345 |
| |
179,710 |
121,733 |
11,218 |
8,626 |
Short-term bank deposits comprise primarily of current accounts and time deposits. The effective interest rates on these short-term bank deposits are based on floating rates and are negotiated on a case by case basis.