Net Cash/ (Debt)
| Net cash/(debt) | |||||
|---|---|---|---|---|---|
| As at 31 March | 2007 £m |
2008 £m |
2009 £m |
2010 £m |
2011 £m |
| Cash and cash equivalents per the balance sheet | 131.4 | 127.6 | 252.3 | 468.4 | 466.3 |
| Bank overdrafts | (74.2) | (82.8) | (199.3) | (205.2) | (167.1) |
| Cash and cash equivalents per the cash flow statement | 57.2 | 44.8 | 53.0 | 263.2 | 299.2 |
| Effect of exchange rate changes on foreign currency borrowings | - | - | - | - | (0.1) |
| Bank borrowings | (60.0) | (109.0) | (45.4) | (1.2) | (1.2) |
| Net cash/(debt) | (2.8) | (64.2) | 7.6 | 262.0 | 297.9 |