Unilever 1999 Annual Report Download - page 16

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Unilever Group Notes to the consolidated accounts
13 Current investments
Fl. million
1999 1998
Listed 2 946 10 711
Unlisted 308 159
3 254 10 870
Current investments include short-term deposits, government securities and A- or higher rated money and capital market instruments.
14 Cash at bank and in hand
On call and in hand 3 032 2 047
Repayment notice required 5 775 9 964
8 807 12 011
Interest rate profile and currency analysis of financial assets
Taking into account the various interest rate swaps, forward rate agreements and forward foreign currency contracts entered into by the
Group, the table below sets out the interest rate profile of the Group’s financial assets analysed by principal currency:
Fixed rate Floating rate Total
Weighted Weighted
average average
Fl. million interest rate fixing period Fl. million Fl. million
1999
Sterling 177 5.3% 0.1 years 1 305 1 482
US Dollar — — — 2 042 2 042
Euro 2 428 4.8% 1.0 years 3 829 6 257
Other — — — 2 280 2 280
Total 2 605 9 456 12 061
1998
Sterling 1 202 6.6% 1.1 years 3 256 4 458
US Dollar — — — 4 973 4 973
Euro 6 547 5.1% 0.9 years 5 342 11 889
Other — — — 1 561 1 561
Total 7 749 15 132 22 881
Interest on substantially all of the floating rate financial assets above is determined principally by reference to the 3 months LIBOR.
In addition to the above, the Group has other fixed investments of Fl. 238 million (1998: Fl. 257 million) which are non interest bearing
and have no fixed repayment date.
16 Unilever Annual Accounts 1999