12. Cash and cash equivalents
| 2017 €m |
2016 €m |
|
|---|---|---|
| Discretionary Portfolio | ||
| Cash at Central Bank of Ireland | 181 | 139 |
| Cash with Global Custodian | 259 | 255 |
| Treasury bills | 10 | 33 |
| 450 | 427 | |
| Directed Portfolio | ||
| Cash at Central Bank of Ireland (Note 14.3) | 215 | 215 |