25 Cash and cash equivalents

 

 

 

€ million

2018

2017

Short-term bank deposits

1 035

856

Cash at bank and on hand

227

193

Cash and cash equivalents (excluding bank overdrafts)

1 262

1 049

 

 

 

Cash and short-term deposits of € 28 million are held in countries with restrictive regulations on exporting capital from the country other than via normal dividends, such as Brazil, China, India, Korea and Thailand. There are no major cash balances that are restricted for use by the Group in settling its own obligations.

For the purposes of the statement of cash flows, cash and cash equivalents are comprised of the following:

 

 

 

€ million

2018

2017

Cash and cash equivalents

1 262

1 049

Bank overdrafts (Note 28)

-25

-26

Cash and cash equivalents (excluding bank overdrafts)

1 237

1 023