| 5. | Cash and Cash Equivalents |
Cash and cash equivalents as of December 31, 2016 and 2017 are as follows:
| 2016 | 2017 (*1) | |||||||
| (in millions of Won) | ||||||||
|
Cash |
￦ | 11,960 | 1,896 | |||||
|
Demand deposits and checking accounts |
1,312,426 | 1,259,813 | ||||||
|
Time deposits |
254,888 | 360,985 | ||||||
|
Other cash equivalents |
868,345 | 989,836 | ||||||
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|
|
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| ￦ | 2,447,619 | 2,612,530 | ||||||
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| (*1) | As of December 31, 2017, cash equivalents amounting to ￦36,302 million of POSCO ENGINEERING & CONSTRUCTION CO., LTD., a subsidiary of the Company, are restricted for use related to the joint account of joint operations and others. |