I. Cash and cash equivalents

Cash and cash equivalents

The new consolidated entities contributed €29,409k to this item. The increase on a currency-adjusted basis would have been €16,944k.
Bank and post office deposits consist mainly of time deposits, which pay interest at rates very close to the Libor/Euribor; the increase on 2007 is due primarily to the contribution of the acquired companies.
Cash and cash equivalents include cash floats at stores and amounts in the process of being credited to bank accounts, and may vary according to the frequency of deposit.