v3.25.4
Cash and cash equivalents
12 Months Ended
Dec. 31, 2025
Cash and cash equivalents  
Cash and cash equivalents

7.Cash and cash equivalents

As of December 31, 2025 and 2024, cash and cash equivalents are as follows:

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Cash and cash equivalents

in € K

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  ​ ​ ​

2025

  ​ ​ ​

2024

Cash

 

929,692

​

837,328

Securities and time deposits

 

669,421

​

342,859

Cash and cash equivalents

 

1,599,113

​

1,180,187

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The cash and cash equivalents disclosed in the table above, and respectively in the consolidated statement of cash flows, include at December 31, 2025 an amount of €16,595 (2024: €29,240), primarily related to collateral requirements towards an insurance company in the U.S. that are not available for use, but are accessible upon demand.

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For further information on the Company’s multi-currency notional pooling cash management system, see note 16.