| 23. | Cash and cash equivalents |
| 31 December 2017 |
31 December 2016 |
|||||||
|
Cash in hand |
192 | 223 | ||||||
|
Banks |
4,712,141 | 6,051,472 | ||||||
|
– Demand deposits |
603,553 | 569,826 | ||||||
|
– Time deposits |
4,108,588 | 5,481,646 | ||||||
|
Other cash and cash equivalents |
— | 657 | ||||||
|
|
|
|
|
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|
Cash and cash equivalents |
4,712,333 | 6,052,352 | ||||||
|
|
|
|
|
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As at 31 December 2017, the average effective interest rates of TL, USD and EUR time deposits are 14.3%, 5.8% and 2.2% (31 December 2016:11.0%, 3.6% and 2.0%) respectively.
As at 31 December 2017, average maturity of time deposits is 32 days (31 December 2016: 49 days).