Realising Value Guinness Peat Group plc

Notes to Financial Statements continued37. Derivatives and Other Financial Instruments – continuedCURRENCY AND INTEREST RATE PROFILE OF FINANCIAL ASSETSThe currency and interest rate profile of the Group’s financial assets was as follows:31 December 2012 2011*Cashand cashequivalents£mTrade andotherreceivables£mDerivativefinancialinstruments£mCashand cashequivalents£mTrade andotherreceivables£mDerivativefinancialinstruments£mInvestmentsTotal InvestmentsTotalCurrency£m£m £m£mSterling – 114 5 19 138 78 73 8 5 164Australian dollars 86 29 18 1 134 133 22 28 1 184New Zealanddollars – 103 – – 103 – 110 20 – 130United Statesdollars – 24 63 (55) 32 – 22 71 11 104Euros 1 5 32 24 62 1 6 34 (6) 35Other currencies 1 50 69 13 133 1 50 82 (9) 124Total financialassets 88 325 187 2 602 213 283 243 2 741Fixed rate 13 13 18 18Floating rate 304 304 260 260No rate 8 8 5 5325 325 283 283The investments included above comprise listed and unlisted investments in shares. The Group’s investment portfolio principallycomprises equity shares. All such investments have been excluded from the interest rate analysis because the investments do notgenerate a fixed entitlement to interest.Cash balances of £13 million (2011: £18 million) have been placed on deposit with banks for a weighted average period of 0.8 months(2011: 5.5 months), and earn a weighted average interest rate of 1.07% (2011: 1.77%).Cash balances of £304 million (2011: £260 million) which have been placed on deposit with banks for a variety of fixed periods, notexceeding three months, earn available market rates based on LIBID equivalents and are for these purposes classified as floating ratecash balances.*Restated to include Turners & Growers Ltd.88 GUINNESS PEAT GROUP PLC