Note 11 Cash and cash equivalents

The effective interest rate on cash and cash equivalents varies from 1.7% to 3.1% (2024: 2.9% to 4.0%). Cash and cash equivalents are held almost entirely in euros. In 2025, the cash and cash equivalents included amounts that were not at the unrestricted disposal of Alliander. This concerns a blocked bank account with a balance of €0.5 million (2024: €0.4 million).