Notes 16-20
- 16. Inventory
- 17. Trade and other receivables
- 18. Cash and cash equivalents
- 19. Called up share capital
- 20. Share-based payments
18. Cash and cash equivalents
| 2009 £m |
2008 £m |
|
|---|---|---|
| Cash at bank and in hand | 811 | 451 |
| Money market funds | 3,419 | 477 |
| Repurchase agreements | 648 | 478 |
| Commercial paper | – | 293 |
| Cash and cash equivalents as presented in the balance sheet | 4,878 | 1,699 |
| Bank overdrafts | (32) | (47) |
| Cash and cash equivalents as presented in the cash flow statement | 4,846 | 1,652 |
Bank balances and money market funds comprise cash held by the Group on a short term basis with original maturity of three months or less. The carrying amount of these assets approximates their fair value.