NOTES TO THE ACCOUNTS

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20 Cash and cash equivalents

Included in the balances above is £13.8m (2009: £41.3m) held within securitised bank accounts which are only available for use by the securitisation entities within the group. The securitisation entities comprise Greene King Retailing Parent Limited and its subsidiaries.

Interest receivable on cash and short-term deposits is linked to base rate and is received either monthly or in line with the term of the deposit.