13. Cash and Cash Equivalents
|
Group |
RTÉ |
|||
|
2022 |
2021 |
2022 |
2021 |
|
|
€’000 |
€’000 |
€’000 |
€’000 |
|
|
Current Assets |
||||
|
Bank balances |
43,290 |
55,500 |
29,816 |
38,537 |
|
Call deposits |
10,000 |
7,000 |
10,000 |
7,000 |
|
Total cash and cash equivalents |
53,290 |
62,500 |
39,816 |
45,537 |
|
Weighted average interest rate |
0.09% |
(0.24)% |
0.13% |
(0.19)% |
Bank balances include €nil million (2021: €1.6 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.