Annual report 2009-OK.qxp - Canadia Bank Plc.

Canadia Bank Plc.4. CASH ON HAND2009 2009 2008 2008US$ Million Riel US$ Million Rielequivalentequivalent(Note 2.1) (Note 2.1)USD 32,100,778 133,828 38,510,425 157,161Riel 2,398,890 10,001 2,952,340 12,048Other foreign currencies 1,445,441 6,026 1,363,049 5,56335,945,109 149,855 42,825,814 174,772For the purpose of the statement of cash flows, cash and cash equivalents comprise:2009 2009 2008 2008US$ Million Riel US$ Million Rielequivalentequivalent(Note 2.1) (Note 2.1)Annual Report 200942Cash on hand 35,945,109 149,855 42,825,814 174,772Balances with NBC:Current accounts 86,032,807 358,671 5,090,531 20,775Term deposits (maturity lessthan 3 months) 44,000,000 183,436 5,500,000 22,446Overdraft - - (3,105,467) (12,673)Balances with other banks - currentaccounts 69,042,626 287,839 27,320,602 111,495235,020,542 979,801 77,631,480 316,8155. BALANCES WITH THE NBC2009 2009 2008 2008US$ Million Riel US$ Million Rielequivalentequivalent(Note 2.1) (Note 2.1)Current accounts 86,032,807 358,671 5,090,531 20,775Term deposits 44,000,000 183,436 5,500,000 22,446Statutory deposits 4,054,500 16,903 4,054,500 16,546Reserve deposits 64,579,983 269,234 57,401,225 234,254198,667,290 828,244 72,046,256 294,021Reserve deposit represents the minimum reserve requirement which is calculated at 8% for Riel (2008: 8%)and 12% for other currencies (2008: 16%) of the total amount due to customers and other banks andborrowings.Under Prakas No. B7-01-136 dated 15 October 2001, banks are required to maintain a statutory deposit of 10%of paid-up capital.This deposit is refundable should the Bank voluntarily cease its operations in Cambodia andit is not available for use in the Bank's day-to-day operations.