| 31.12.2011 | 31.12.2012 | ||
|---|---|---|---|
| CHF thousands | |||
| Sight funds | 338,279 | 261,635 | |
| Cash invested for less than 90 days | 1,594 | 265 | |
| Total | 339,873 | 261,900 | |
All cash and cash equivalents fall into the category “Loans and receivables” and are measured at amortised cost.
The average interest rate for credit in CHF was 0.3 per cent (previous year: 0.3%) and 0.3 per cent for credit in EUR (previous year: 0.6%).
Cash and cash equivalents are held in the following currencies:
| 31.12.2011 | 31.12.2012 | ||
|---|---|---|---|
| Swiss francs | 75,603 | 55,754 | |
| Euros (translated) | 261,139 | 204,334 | |
| Other currencies (translated) | 3,131 | 1,812 | |
| Total | 339,873 | 261,900 |
All positions are freely disposable or are due within 90 days. The carrying amounts correspond approximately to the fair values.
| Cash and cash equivalents for cash flow statement | 31.12.2011 | 31.12.2012 | |
|---|---|---|---|
| CHF thousands | |||
| Cash and cash equivalents | 339,873 | 261,900 | |
| Cash and cash equivalents held for sale1) | 6,455 | 1,015 | |
| Negative overdrafts2) | -986 | -2,130 | |
| Total | 345,342 | 260,785 |
1)Cash and cash equivalents held for sale are disclosed under “Assets held for sale” (Note 28). These must be added again to cash and cash equivalents for the cash flow statement.
2) The negative overdrafts are liabilities which are owed to banks and are integrated in the payment transactions of the Group companies. These are disclosed under current financial liabilities (Note 23).