13 Cash and cash equivalents


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2008
£m
2007
£m
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Cash at bank and in hand 940 1,265
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Short-term deposits 1,531 632
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  2,471 1,897
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Overdrafts (note 14) (9) (25)
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Cash and cash equivalents per cash flow statement 2,462 1,872
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Cash held as collateral against third party obligations 85 60
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