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19 Cash and cash equivalents

Analysis of balances of cash and cash equivalents   2007
£m
  2006
£m
Cash balances   51.4   51.0
Bank overdrafts (Note 20)   (4.0)   (4.0)
Cash and cash equivalents in the statement of cash flows   47.4   47.0

The group's exposure to interest rate risk and a sensitivity analysis for financial assets and liabilities are disclosed in Note 21.