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Note 18 • Cash and cash equivalents net of bank overdrafts

Cash and cash equivalents net of bank overdrafts included in the consolidated statements of cash flows comprise the following consolidated statement of financial position amounts:


€’000

Cash

Short term deposits

Total cash

Bank overdrafts

Total

At 31 December 2008

67,211

1,244

68,455

(145)

68,310

Net flow

16,004

21,544

37,548

24

37,572

Exchange differences

950

260

1,210

1,210

At 31 December 2009

84,165

23,048

107,213

(121)

107,092

Net flow

(5,040)

(19,760)

(24,800)

(94)

(24,894)

Exchange differences

3,682

153

3,835

3,835

At 31 December 2010

82,807

3,441

86,248

(215)

86,033

The Group’s exposure to interest rate risk and a sensitivity analysis for financial assets and liabilities is disclosed in note 28.

The impact of the Impairment Iran on the respective consolidated financial statements position is disclosed in note 29.



Financial Note 18 • Cash and cash equivalents net of bank overdrafts | Oriflame Annual Report 2010
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