|
|
|
|
|
|
| |
2006 |
|
2005 |
|
| |
£m |
|
£m |
|
|
|
|
Cash
at bank and in hand
|
511 |
|
206 |
|
| |
|
|
|
|
|
Cash
equivalents
|
|
|
|
|
|
Listed
cash equivalents
|
|
|
|
|
|
Euro treasury bills
|
8 |
|
20 |
|
| |
|
|
|
|
|
Unlisted
cash equivalents
|
|
|
|
|
|
US
corporate debt securities
|
422 |
|
223 |
|
|
UK
deposits
|
914 |
|
818 |
|
|
European
deposits
|
70 |
|
36 |
|
|
US
deposits
|
40 |
|
9 |
|
|
|
|
Total
cash equivalents
|
1,454 |
|
1,106 |
|
|
|
|
Total
cash and cash equivalents
|
1,965 |
|
1,312 |
|
|
Bank
overdrafts
|
(181 |
) |
(2 |
) |
|
|
|
Cash
and cash equivalents per the cash flow statement
|
1,784 |
|
1,310 |
|
|
|
The group has a cross undertaking guarantee facility across certain bank accounts which allows a legally enforceable right of set off of the relevant cash and overdraft balances on bank accounts included within the scheme. At 31 March 2006, overdraft balances of £171 million had a legally enforceable right
of set off against cash balances of £209 million. These balances have not been netted above as settlement is not intended to take place simultaneously or on a net basis.
|
