Notes

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23 Cash, cash equivalents and time deposits

€ million

 

Dec. 31, 2021

 

Dec. 31, 2020

 

 

 

 

 

Bank balances

 

39,363

 

33,403

Checks, cash-in-hand, bills and call deposits

 

361

 

507

 

 

39,723

 

33,909

Bank balances are held at various banks in different currencies and include time deposits, for example.