12. Cash and cash equivalents
| 2016 €m |
2015 €m |
|
|---|---|---|
| Discretionary Portfolio | ||
| Cash at Central Bank of Ireland | 139 | 1,169 |
| Cash with Global Custodian | 255 | 112 |
| Treasury bills | 33 | 450 |
| 427 | 1,731 | |
| Directed portfolio | ||
| Cash at Central Bank of Ireland | 215 | 240 |