20. Cash and bank balances

Cash and cash equivalents

	As of
	31 March 2026 $m	31 March 2025 $m
Balances with banks
– On current accounts	201	269
– Bank deposits with original maturity of three months or less	188	116
– On settlement account	25	8
Balance held in wallets	218	156
Remittance in transit	13	2
Cash on hand	1	1
	646	552

Other bank balances

	As of
	31 March 2026 $m	31 March 2025 $m
1 Margin money deposits represent amounts given as collateral for legal cases and/or bank guarantees for disputed matters.
Term deposits with banks with original maturity of more than three months but less than 12 months	189	76
Margin money deposits¹	7	5
Restricted balance in escrow account	1	0
Unpaid dividend	0	0
	197	81

For the purpose of the statement of cash flows, cash and cash equivalents are as follows:

	As of
	31 March 2026 $m	31 March 2025 $m
Cash and cash equivalents as per statement of financial position	646	552
Balance held under mobile money trust (with trust accounts)	1,394	952
Bank overdraft	(255)	(444)
	1,785	1,060