Cash and cash equivalents

At 31 December 2019, cash and cash equivalents comprised bank balances of € 37 million and short-term cash loans of € 35 million (2018: bank balances of € 49 million, short-term cash loans of € 120 million). Cash and cash equivalents are held mainly in euros. Cash and cash equivalents that are not freely available to Stedin Group amounted to € 0.1 million (2018: € 0.1 million) at year-end.