Cathay Pacific 1998 Annual Report Download - page 56

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54 CATHAY PACIFIC AIRWAYS LIMITED ANNUAL REPORT 1998
Notes to the Accounts – Cash Flow Statement
24. Analysis of cash and cash equivalents and net liquid funds
1998 1997
HK$M HK$M
Analysis of cash and cash equivalents
Short-term deposits and bank balances 2,205 4,473
Bank overdrafts and short-term loans (86) (92)
Cash and cash equivalents at end of the year 2,119 4,381
Analysis of net liquid funds
Cash and cash equivalents 2,119 4,381
Funds with investment managers 7,316 8,100
Other liquid investments 2,719 1,845
Short-term deposits maturing beyond three months when placed 86 1
Net liquid funds at end of the year 12,240 14,327