20. Cash and cash equivalents
| In millions of EUR | 2006 | 2005 |
| Bank balances | 894 | 354 |
| Call deposits | 480 | 231 |
| Cash and cash equivalents | 1,374 | 585 |
| Bank overdrafts | (747) | (351) |
| Cash and cash equivalents in the statement of cash flows | 627 | 234 |
Heineken has set up a notional Euro cash pool in 2006. The main Eurozone subsidiaries participate in this cash pool. The structure facilitates interest and balance compensation of cash and bank overdrafts. This notional pooling does not meet the strict set-off rules under IFRS, and as a result the cash and bank overdraft balances must be reported ‘gross’ on the balance sheet. On a ‘netted’ pro forma basis cash and cash equivalents and overdraft balances would have been €401 million lower, resulting in €973 million cash and cash equivalents and €346 million bank overdraft balances.
