Notes to the accounts
for the year ended 31 December 2007
20. Cash and cash equivalents
| 2007 £mn |
2006 £mn |
|
|---|---|---|
| Cash at bank and in hand | 633.9 | 376.7 |
| Cash equivalents | 81.6 | 62.5 |
| 715.5 | 439.2 |
The book value of cash and cash equivalents approximates their fair value.