13. Cash and Cash Equivalents

	Group		RTÉ
	2021	2020	2021	2020
	€’000	€’000	€’000	€’000
Current Assets
Bank balances	55,500	49,165	38,537	36,487
Call deposits	7,000	28,000	7,000	28,000
Total cash and cash equivalents	62,500	77,165	45,537	64,487
Weighted average interest rate	(0.24)%	(0.34)%	(0.19)%	(0.34)%

Bank balances include €1.6 million (2020: €5.2 million) in respect of amounts held in the Independent Programmes account in accordance with Section 116 of the Broadcasting Act 2009.

The Group’s exposure to interest rate risk and a sensitivity analysis for financial assets and liabilities are disclosed in note 21.