15 | cash and cash equivalents and bank overdrafts

2015

2014

Cash and cash equivalents as stated in the balance sheet

81,354

64,691

Bank overdrafts

-359

-4,052

BALANCE CASH AND CASH EQUIVALENTS AND BANK OVERDRAFTS IN THE CASH FLOW STATEMENT

80,995

60,639

An amount of € 1,246 (2014: € 937) is not freely available and is intended exclusively to cover guaranteed wage tax payments in the Netherlands. Cash and cash equivalents are kept exclusively with financial institutions rated no lower than A (S&P, Moody’s, Fitch or A.M. Best).