Experian 2010 Annual Report Download - page 129

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127
Introduction
2 – 11
Business review
12 – 51
Governance
52 – 84
Financial statements
85 – 160
25. Analysis of net debt (non-GAAP measure)
2010
US$m
2009
US$m
Cash and cash equivalents (net of overdrafts) 163 127
Bank deposits with maturity greater than three months 44 29
Derivatives hedging loans and borrowings (2) 28
Debt due within one year - (295)
Finance leases (8) (9)
Debt due after more than one year (1,824) (1,990)
Net debt (1,627) (2,110)
Net debt by balance sheet caption:
Cash and cash equivalents 175 129
Loans and borrowings (current) (17) (314)
Loans and borrowings (non-current) (1,834) (2,003)
Net debt by balance sheet caption (1,676) (2,188)
Bank deposits within nancial assets 44 29
Accrued interest 721
Derivatives hedging loans and borrowings (2) 28
Net debt (1,627) (2,110)
26. Available for sale nancial assets
(a) Available for sale nancial assets reported in the Group balance sheet comprise:
2010
US$m
2009
US$m
Listed equity securities - UK (sterling denominated) 32 21
Listed equity securities - North America (US dollar denominated) 1 5
33 26
The accounting policies for available for sale nancial assets set out in note 4 have been applied to the above items.
(b) Movements on available for sale nancial assets are as follows:
2010
US$m
2009
US$m
At 1 April 26 42
Differences on exchange 2 (8)
Net disposals (2) -
Fair value gains/(losses) 7(8)
At 31 March 33 26