This item comprises:
| XLS |
|
EUR million |
Dec. 31, 2010 |
Dec. 31, 2009 |
|
Cheques, cash and bank balances |
233.6 |
282.9 |
|
Short-term cash investments |
710.1 |
258.5 |
|
|
943.7 |
541.4 |
Changes in cash and cash equivalents as defined by IAS 7 are presented in the cash flow statement. This item includes short-term receivables due from related parties and affiliates amounting to EUR 8.6 million (2009: EUR 4.5 million). Short-term cash investments mainly comprise fixed-term deposits with banks that have a very good credit rating. In 2010, the average interest rate on all investments was 1.8%.