Plan Worldwide Annual Review and Combined Financial ...

Bank deposits
& cash
Debt securities Equities 30 June
2011
€000 €000 €000 €000
Rated A or better
Cash and cash equivalents 224,707 - - 224,707
Current asset investments available for sale 7,776 10,531 9,996 28,303
Current asset investments held to maturity - 314 - 314
Non-current asset investments available for sale - 2,594 30 2,624
Non-current asset investments held to maturity - 1,704 - 1,704
Total rated A or better 232,483 15,143 10,026 257,652
Other
Cash and cash equivalents 20,806 - - 20,806
Current asset investments available for sale - 364 1,107 1,471
Non-current asset investments available for sale - - 431 431
Total other 20,806 364 1,538 22,708
Total
Cash and cash equivalents 245,513 - - 245,513
Current asset investments available for sale 7,776 10,895 11,103 29,774
Current asset investments held to maturity - 314 - 314
Non-current asset investments available for sale - 2,594 461 3,055
Non-current asset investments held to maturity - 1,704 - 1,704
Total cash and investments 253,289 15,507 11,564 280,360
c. Liquidity risk
Plan commits to expenditure only when funds are available and seeks to maintain minimum reserves as set out in note 1f. to these combined
financial statements. Therefore liquidity risk is kept to a minimum. This is reflected in the combined statement of financial position where
current assets of €342 million are over 7 times larger than current liabilities of €46 million. Plan uses bank overdrafts to meet short term
financing requirements. As at 30 June 2012, the aggregate value of these bank overdrafts was €0.4 million (2011: €0.2 million).
d. Fair value estimation
Plan International Worldwide Combined Financial Statements for the year ended 30 June 2012
31