Financial Statements 2011 - Royal Holloway, University of London

Notes to the Financial Statements(continued)27 Analysis of Changes in Net DebtAt 1 August Cash Flows Other non At 31 July2010 cash 2011changes£000 £000 £000 £000Cash at bank and in handEndowment assets (note 14) 6,431 (1,864) - 4,567Other 13,992 14,781 - 28,77320,423 12,917 - 33,340Debt due within one year (note 16) (3,187) 2,010 (1,985) (3,162)Debt due after one year (note 17) (57,964) - 1,985 (55,979)(61,151) 2,010 - (59,141)Current asset investments (note 23) 34,500 (13,500) - 21,000(6,228) 1,427 - (4,801)Balances at the bank, not relating to endowment assets, are held on a set-off arrangement against loans advanced by the College’sbankers so that nominal loan interest is charged if these are matched by a current account balance. Balances in excess of this set-offare placed on deposit overnight or for longer periods to earn interest.Current asset investments are interest-earning short-term cash deposits maturing with one year.35