Note 14: Net cash and cash equivalents

for the six months ended 30 September 2014

	Reviewed Six months ended 30 September 2014	Reviewed Six months ended 30 September 2013	Audited Year ended 31 March 2014
	Rm	Rm	Rm
Cash disclosed as current assets	3 912	1 191	1 842
Cash and bank balances	161	268	193
Short-term deposits	3 751	923	1 649
Credit facilities utilised	(6)	(1)	(1)
Net cash and cash equivalents	3 906	1 190	1 841
The increase in cash and cash equivalents is mainly due to the inflow of a loan of R1 billion (refer to note 16) together with lower expenditure on property, plant and equipment. The balance includes R2 663 million ring-fenced for the acquisition of Business Connexion once all the conditions are met.