| (a) |
The restricted cash balance is a bank deposit of Sri Lankan
Rs. 136 million with the People’s Bank which represents
the sinking fund investment for the insurance reserve. The restrictions
on this balance are self-imposed. |
| (b) |
These deposits are interest bearing on commercial
terms. |
| (c) |
Short-term deposits include cash deposit of USD
15 million (equivalent Rs. 1,449 million) which has been pledged
as collateral for a letter of credit opened by Mobitel (Private)
Limited for the import of equipment for the GSM rollout. For
the purpose of the Cash Flow Statement, the year-end cash &
cash equivalents comprise the following: |
| |
 |
| |
Group |
Company |
| |
2003 |
2002 |
2003 |
2002 |
|
| Cash & cash equivalents |
4,599 |
5,974 |
4,348 |
5,937 |
| Bank overdrafts (Note 16) |
– |
(1) |
– |
– |
| |
---------
4,599
====== |
---------
5,973
====== |
---------
4,348
====== |
---------
5,937
====== |
|