Amadeus IT Holding, S.A. and Subsidiaries - Investor relations at ...

AMADEUS IT HOLDING, S.A. AND SUBSIDIARIES
NOTES TO THE CONSOLIDATED ANNUAL ACCOUNTS FOR THE YEARS ENDED
DECEMBER 31, 2011, AND 2010
(EXPRESSED IN THOUSANDS OF EUROS - KEUR)
25. ADDITIONAL STATEMENT OF CASH FLOWS RELATED DISCLOSURE
For the purposes of the cash flow statement, cash and cash equivalents include cash
on hand and in banks and in short-term money market investments, net of
outstanding bank overdrafts and including the cash and cash equivalents of
discontinued operations. Cash and cash equivalents at December 31, 2011, and
2010, as shown in the cash flow statement can be reconciled to the related items in
the statement of financial position as follows:
104
31/12/2011 31/12/2010
Cash on hand and balances with banks 48,304 50,146
Short-term investments 344,910 485,000
Total cash and cash equivalents 393,214 535,146
Cash and cash equivalents from discontinued
operation - 15,834
Bank overdrafts (225) (264)
Total net cash and cash equivalents 392,989 550,716
At December 31, 2011, and 2010, the Group maintained short-term money market
investments with an average yield rate of 0.91% and 0.42% respectively for EUR
investments; and 0.17% and 0.20% respectively, for USD investments, and 0.79%
and 0.45% for GBP investments, respectively.
These investments are readily convertible to a known amount of cash and do not
have an appreciable risk of change in value.