Notes to the Group financial statements

12 Financial assets

  2009
£m		 2008
£m
Non-current asset    
Cross-currency interest swaps maturing 2010 81 43
Current asset    
Long term cash on deposit – 74

a) Cross-currency interest swaps maturing April 2010

The cross-currency interest swaps cover the Group from currency exposure arising from payments of interest and repayment of the principal in relation to Euro bonds.

The notional principal amount of the outstanding cross-currency interest swaps at 1 February 2009 was €250m (2008: €250m).

b) Long term cash on deposit

These were balances deposited with the bank with maturity of over three months from the date of the deposit.

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