Notes

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23 Cash and cash equivalents

€ million

 

Dec. 31, 2022

 

Dec. 31, 2021

 

 

 

 

 

Bank balances

 

28,685

 

39,363

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

 

487

 

361

 

 

29,172

 

39,723

Bank balances are held at various banks in different currencies and also include time deposits with maturities of less than three months.

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