DF table

Notes to Financial Statements

11. BANK BALANCES 1997
US$m 1996
US$m

Deposits with banks 518.4 462.8

Bank and cash balances 90.0 81.2

608.4 544.0

At 31st December 1997, the Group held fixed interest rate hedges of US$77.6 million (1996: US$77.6 million) carrying a weighted average rate of 6.1% (1996: 6.1%) for a weighted average period of 2.7 years (1996: 3.7 years).

11. BANK BALANCES	1997 US$m	1996 US$m

Deposits with banks	518.4	462.8
Bank and cash balances	90.0	81.2

	608.4	544.0

At 31st December 1997, the Group held fixed interest rate hedges of US$77.6 million (1996: US$77.6 million) carrying a weighted average rate of 6.1% (1996: 6.1%) for a weighted average period of 2.7 years (1996: 3.7 years).