4 Cash and Cash Equivalents

Cash and Cash Equivalents

  2018   2017
  AED’000   AED’000
Cash balances      
Cash in hand 11,599   11,437
Restricted cash balances* 6,000   6,000
 

17,599

 

17,437

Due from banks with original maturities of less than      three months      
Placements with banks 201,001   331,309
Call accounts 167,264   234,777
Current and demand accounts 132,553   110,761
Balance with UAE Central Bank 11,745   24,185
 

512,563

 

701,032

  530,162   718,469
Due to banks and other financial institutions with original maturity of less than three months (15,014)   (23,831)
Restricted cash balances* (6,000)   (6,000)
Cash and cash equivalents
509,148
 
688,638
       

Reconciliations to liquidity risk and funding management (Note 31.8)

  2018   2017
  AED’000   AED’000
       
Cash in hand 11,599   11,437
Restricted cash balances* 6,000   6,000
Balance with UAE Central Bank 11,745   24,185
Cash and balances with U.A.E. Central Bank (Note 31.8)
29,344
 
41,622

 

  2018   2017
  AED’000   AED’000
       
Due from banks 512,563   701,032
Less: Balance with UAE Central bank

(11,745)

 

(24,185)

Due from banks and financial institutions (Note 31.8)

500,818

 

676,847