23 Cash and cash equivalents

The cash and cash equivalents are made up as follows:

 

2016

2015

Cash at bank and on hand

17

20

Total

17

20

With the exception of € 0.2 million blocked cash (2015: € 0.2 million), cash and cash equivalents are at the free disposal of the Fund. The blocked cash covers bank guarantees that were issued as rent guarantees for offices that are in use by Vesteda.