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Cash and cash equivalents
12 Months Ended
Dec. 31, 2018
Text block [abstract]  
Cash and cash equivalents
24.

Cash and cash equivalents

 

     31 December
2018
     31 December
2017
 

Cash in hand

     144        192  

Banks

     7,413,113        4,712,141  

- Demand deposits

     587,007        603,553  

- Time deposits

     6,826,106        4,108,588  

Other cash and cash equivalents

     5,982        —    
  

 

 

    

 

 

 

Cash and cash equivalents

     7,419,239        4,712,333  
  

 

 

    

 

 

 

As at 31 December 2018, the average effective interest rates of TL, USD and EUR time deposits are 22.5%, 5.9% and 3.3% (31 December 2017: 14.3%, 5.8% and 2.2%) respectively.

As at 31 December 2018, average maturity of time deposits is 35 days (31 December 2017: 32 days).