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Cash and cash equivalents | 12 Months Ended
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Dec. 31, 2022
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Cash and cash equivalents |
5 | Cash and cash equivalents
The breakdown of cash and cash equivalents is as follows:
|  | December 31, 2022 |  |  | December 31, 2021 |
Cash and cash bank deposits |  |  | 18,930 |  |  |  | 120,928 |
Time deposits and other investments |  |  | 2,271 |  |  |  | — |
Investment funds |  |  | 3,193 |  |  |  | 78 |
Total |  |  | 24,394 |  |  |  | 121,006 |
As at December 31, 2022, 16% of the cash and cash equivalents are in the Cayman Islands (December 31, 2021 - 84%), 44% are in Brazil (December 31, 2021 - 10%), and 40% are distributed among the other subsidiaries of the Group (December 31, 2021 - 6%).

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- Definition The disclosure of cash and bank balances at central banks. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Name IAS -Number 1 -IssueDate 2022-03-24 -Paragraph 10 -Subparagraph e -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&num=1&code=ifrs-tx-2022-en-r&anchor=para_10_e&doctype=Standard -URIDate 2022-03-24 + Details
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