Notes 11-15
- 11 Other investments
- 12 Inventories
- 13 Trade and other receivables
- 14 Cash and cash equivalents
- 15 Interest bearing loans and borrowings
14 CASH AND CASH EQUIVALENTS
| 2007 $m |
2006 $m |
2005 $m |
|
|---|---|---|---|
| Cash at bank and in hand | 1,403 | 684 | 545 |
| Short term deposits | 4,464 | 6,419 | 4,434 |
| Cash and cash equivalents | 5,867 | 7,103 | 4,979 |
| Unsecured bank overdrafts | (140) | (114) | (84) |
| Cash and cash equivalents in the cash flow statement | 5,727 | 6,989 | 4,895 |
The Group’s insurance subsidiaries hold cash and short term investments totalling $347m (2006 $320m, 2005 $300m), of which $257m (2006 $220m, 2005 $176m) is required to meet insurance solvency requirements and which, as a result, is not readily available for the general purposes of the Group.
