Cash and cash equivalents amounts to CHF 226 347 902 at the end of 2019 compared with CHF 430 800 195 at the end of 2018 and comprise cash in hand denominated mainly in euro, US-dollar and in Swiss francs and to a lesser extent in other currencies. Short-term deposits amount to CHF 130 143 600 at the end of 2019 compared to CHF 14 760 000 at the end of 2018 and include short-term deposits with an original maturity between 90 and 365 days.