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Advances to related companies are interest-free, unsecured, have no fixed terms of repayment and are denominated inthe following currencies as at 31 December:GroupCompany2006 2005 2006 2005$’000 $’000 $’000 $’000Singapore dollars 2,093 12,533 1,432 1,540Hong Kong dollars 14,582 10,830 - -Others 3,640 3,404 2,736 3,00020,315 26,767 4,168 4,540Current account (non-trade) owing by holding and related companies are largely denominated in the United States dollars.Related companies are subsidiary companies of Keppel Corporation Limited.23. Fixed Deposits, Bank Balances and CashGroupCompany2006 2005 2006 2005$’000 $’000 $’000 $’000Fixed deposits with banks 283,932 303,439 - -Bank balances and cash 264,254 150,061 1,084 902Deposits with related companies 32,765 144,177 1,030 393580,951 597,677 2,114 1,295Fixed deposits, bank balances and cash are denominated in the following currencies as at 31 December:GroupCompany2006 2005 2006 2005$’000 $’000 $’000 $’000Singapore dollars 205,404 217,739 1,042 858Renminbi 301,082 328,330 - -United States dollars 16,821 25,757 1,072 44Others 57,644 25,851 - 393580,951 597,677 2,114 1,295Fixed deposits with banks mature on varying periods of between 7 days to 9 months (2005 : 7 days to 6 months) fromthe financial year. The interest rates of these deposits range from 0.25% to 9.07% (2005 : 0.61% to 12.75%) per annum.Included in fixed deposits, banks balances and cash are:Group2006 2005$’000 $’000(a) Amounts held under Project Account Rules 1985, withdrawalsfrom which are restricted to payments for expendituresincurred on projects 162,594 73,334(b)Amount held in escrow accounts for payment of constructioncosts and progress billings received 1,407 18,579Notes to the financial statementsKeppel Land LimitedReport to Shareholders 2006209