Cash and cash equivalents, detailed in the following table, decreased especially for the Parent, due to cash outflows linked to the acquisition of additional equity interests in subsidiaries in Latin America and to the depreciation of local currencies.
|Millions of euro|
|at Dec. 31, 2020||at Dec. 31, 2019||Change|
|Bank and postal deposits||5,699||7,910||(2,211)||-28.0%|
|Cash and cash equivalents on hand||42||87||(45)||-51.7%|
|Other investments of liquidity||165||1,032||(867)||-84.0%|