| As at 2 January 2010 $ million |
As at 3 January 2009 $ million |
|
|---|---|---|
| Current assets | ||
| Financial assets: | ||
| – Trade receivables (see note 25) | 662.3 | 684.4 |
| – Derivative financial instruments (see note 32) | 1.2 | 1.1 |
| – Collateralised cash | 2.1 | 3.8 |
| – Other receivables | 41.3 | 37.0 |
| 706.9 | 726.3 | |
| Non-financial assets: | ||
| – Prepayments | 46.1 | 43.4 |
| 753.0 | 769.7 | |
| Non-current assets | ||
| Financial assets: | ||
| – Derivative financial instruments (see note 32) | 56.9 | 73.4 |
| – Other receivables | 16.4 | 32.5 |
| 73.3 | 105.9 | |
| Non-financial assets: | ||
| – Prepayments | 7.8 | – |
| 81.1 | 105.9 |
Collateralised cash represents cash given as collateral under letters of credit for insurance and regulatory purposes.
The Group is the beneficiary of a number of corporate-owned life assurance policies against which it borrows from the relevant life assurance company. As at 2 January 2010, the surrender value of the policies was $577.6 million (3 January 2009: $518.6 million) and the amount outstanding on the related loans was $575.2 million (3 January 2009: $516.5 million). For accounting purposes, these amounts are offset and the net receivable of $2.4 million (3 January 2009: $2.1 million) is included in other receivables.
As at 2 January 2010, trade and other receivables amounting to $1.6 million (3 January 2009: $nil) were secured on the assets of the debtors.