14 Current investments
2019 | 2018 | |
Fixed term deposits | 688 | 1,277 |
Total | 688 | 1,277 |
All fixed-term deposits have been placed with institutions with a high credit rating in line with the policy as outlined in Note 23 'Financial instruments and risks'. The purpose of the deposits is either to meet short-term cash commitments, or to manage liquidity to such extent that yields are optimized while allowing DSM sufficient freedom in fulfilling its (strategic) goals.