(in € million)

 

As of
31 Dec. 2019

 

As of
31 Dec. 2018

Cash and cash equivalents (unrestricted)

 

254.9

 

154.5

Restricted cash

 

6.1

 

2.6

Total cash and cash equivalents

 

261.0

 

157.1

Cash and cash equivalents mainly consist of cash at banks but may also include short-term deposits at banks with maturities of three months or less from the date of acquisition (€35.6 million as of 31 December 2019 and nil as of 31 December 2018). The restricted cash relates to cash collected for the benefit of the Group’s securitisation partner.