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Cash and Cash Equivalents | 12 Months Ended
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Dec. 31, 2017
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Cash and Cash Equivalents | Note 9: Cash and Cash Equivalents The cash and cash equivalents item is broken down as follows :
|  | December 31, |
|  | 2015 |  |  | 2016 |  |  | 2017 |
|  | (thousands of Euros) |
Cash |  |  | 178,895 |  |  |  | 146,374 |  |  |  | 32,054 |
Cash equivalent term deposits |  |  | 144,486 |  |  |  | 110,100 |  |  |  | 105,826 |
Total cash and cash equivalent as reported in statement of financial position |  |  | 323,381 |  |  |  | 256,473 |  |  |  | 137,880 |
Bank overdrafts |  |  | — |  |  |  | — |  |  |  | — |
Total net cash and cash equivalents as reported in the statement of cash flow |  |  | 323,381 |  |  |  | 256,473 |  |  |  | 137,880 |
Cash equivalents are short-term, highly liquid investments that are readily convertible to known amounts of cash and which are subject to an insignificant risk of changes in value. They are measured using level 1 fair value measurements. As of December 31, 2015, the cash and cash equivalents included the net proceeds received as part of our July 2015 fundraising.

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- Definition The disclosure of cash and cash equivalents. [Refer: Cash and cash equivalents] + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Name IAS -Number 1 -IssueDate 2017-01-01 -Paragraph 10 -Subparagraph e -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&num=1&date=2017-03-01&anchor=para_10_e&doctype=Standard -URIDate 2017-03-09 + Details
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