| All figures in £ millions | 2010 | 2009 |
|---|---|---|
| Cash at bank and in hand | 763 | 580 |
| Short-term bank deposits | 973 | 170 |
| 1,736 | 750 |
Short-term bank deposits are invested with banks and earn interest at the prevailing short-term deposit rates.
At the end of 2010 the currency split of cash and cash equivalents was US dollar 73% (2009: 35%), sterling 9% (2009: 22%), euro 6% (2009: 18%) and other 12% (2009: 25%).
Cash and cash equivalents have fair values that approximate to their carrying value due to their short-term nature.
Cash and cash equivalents include the following for the purpose of the cash flow statement:
| All figures in £ millions | 2010 | 2009 |
|---|---|---|
| Cash and cash equivalents | 1,736 | 750 |
| Bank overdrafts | (72) | (70) |
| 1,664 | 680 |