Thorn-EMI 1995 Annual Report
Thorn-EMI 1995 Annual Report
Thorn-EMI 1995 Annual Report
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17. Cash and cash equivalents<br />
The following definitions have been used:<br />
Cash: Cash in hand and deposits repayable on demand.<br />
(ash equlvalents: Short-term investments, which are readily convertible into known<br />
amounts of cash without notice and which were within 90 days of maturity when acquired, less<br />
bank loans and overdrafts repayable within 90 days from the date of advance.<br />
On the above basis the Group's net borrowings at 31 March <strong>1995</strong> comprised:<br />
cash Non'cash Net<br />
rquivalents equivalents borowinss<br />
Investments: short-term deposits<br />
Cash at bank and in hand<br />
Bank overdrafts and borrowings<br />
<br />
<br />
Movement of (ash and cash equivalents<br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
InYestments : short-term dePosits<br />
Cash at bank and in hand<br />
Bank overdrafts and borrowings<br />
<br />
<br />
<br />
<br />
Investments : short-term dePosits<br />
Cash at bank and in hand<br />
Auction Preferred Stock<br />
Bank overdrafts and borrowings<br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
Opening balance<br />
Net cash inflow belore adjustments for<br />
the effect of foreign exchange rate changes<br />
Effect of foreign exchange rate changes<br />
Closing balance
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