Annual Report 2011 - Jordan Investment and Finance bank

64Cash in vaults4. Cash and Balances at the Central Bank This item consists of the following:Balances at the Central Bank:2011JD5,348,6652010JD5,875,1737. Financial Assets at Fair Value through Profit or LossThis item consists of the following:Companies shares2011JD6,998,0402010JD-65Current and demand accounts-2,858,391Bonds4,546,002-Term and notice depositsMandatory cash reserveTotal6,500,00027,517,90639,366,571- Except for the mandatory cash reserve, there are no restricted balances as ofDecember 31, 2011 and 2010.5. Balances at Banks and Financial InstitutionsThis item consists of the following:Current and demandaccountsDeposits due within3 monthsTotalLocal Banks &Financial InstitutionsDecember 31JD63,13118,545,00018,608,13154,056- Non-interest bearing balances at banks and financial institutionsamounted to JD 8,536,930 as of December 31, 2011against JD 10,249,025 as of December 31, 2010.-54,05636,975,13223,525,31960,500,45125,577,76927,219,98852,797,75737,038,26342,070,31979,108,582-32,006,41740,739,981Banks &Financial Institutions AbroadTotalDecember 31 December 312011 2010 2011 2010 2011 2010JD JD JD JD JD25,631,82527,219,98852,851,813Notes to the consolidtaed financial statementsInvestment fundsTotal234,14011,778,182--8. Financial Assets at Fair Value through Other Comprehensive IncomeThis item consists of the following:2011 2010JDJDQuoted shares11,364,385 -Unquoted shares *2,041,676 -Total13,406,061 -* The fair value of the unquoted shares has been valued using the equity method whichis considered the best method to valuate such investments.- Cash dividends on investment amounted to JD 515,445 for the year endedDecember 31, 2011.Notes to the consolidtaed financial statements- There are no restricted balances as of December 31, 2011 and 2010.6. Deposits at Banks and Financial InstitutionsThis item consists of the following:Local Banks &Financial InstitutionsDecember 31Banks &Financial Institutions AbroadTotalDecember 31 December 312011 2010 2011 2010 2011 2010DescriptionJDJD JD JD JD JDDeposits-2,127,0003,942,0653,315,2343,942,0655,442,234Total-2,127,0003,942,0653,315,2343,942,0655,442,234- There are no restricted deposits as of December 31, 2011 and 2010.