12 - Cash and cash equivalents
Cash and cash equivalents are held to meet short-term cash obligations and not for investment or other purposes. Cash and cash equivalents consist of cash at bank and on hand and highly liquid investments that are readily convertible to known amounts of cash, are subject only to insignificant risk of changes in value and have original maturities of less than three months.
At December 31, 2023, a total amount of €5.0 million (2022: €5.1 million) is committed to joint operations, joint ventures and G-accounts and is therefore not freely available to the Group.
The detailed breakdown of cash and cash equivalents is as follows (in € 1,000):
Amounts in 1,000 euros | Dec 31, | Dec 31, | Jan 1, |
Freely withdrawable cash at banks | 55,177 | 67,992 | 51,959 |
Non-disposable cash at banks | 5,038 | 4,958 | 1,831 |
Cash at hand | 37 | 92 | 27 |
Total cash and cash equivalents | 60,252 | 73,042 | 53,817 |