Annual Report 2011 - Jordan Investment and Finance bank

17. Cash MarginsThis item consists of the following:19. Sundry ProvisionsThis item consists of the following:72Notes to the consolidtaed financial statementsCash margins on direct credit facilitiesCash margins on indirect credit facilitiesMarginal depositsTotal18. Borrowed fundsThis item consists of the following:Year 2011Revolving loan (Ahli Bank)Overdraft (Abu Dhabi National Bank)Revolving loan (Abu Dhabi National Bank)TotalYear 2010Overdraft (Jordan Money Bank)Overdraft (Ahli Bank)Overdraft (Cairo Amman Bank)Overdraft (Audi Bank)TotalInsideJordan1,850,433693,4291,080,0003,623,862OutsideJordanDecember 31,2011 2010JD16,015,12115,900,18121,602,67353,517,975JD14,366,91817,214,5246,744,91638,326,358- This item represents credit facilities overdraft accounts and revolving loans granted to the subsidiary companies (Al Mawared forFinancial Brokerage, Tamkeen Leasing Company and Al-Istethmari LeTamweel Selselat Al Imdad) against the guarantee of theCompany's networth.TotalInside JordanOutsideJordanJD JD JD JD JD JDInsideJordan2,621,8114,297,580217,265420,9887,557,644111OutsideJordan111TotalOne payment after9 month from financingOne payment onAugust 31, 2012One paymentwithin May,2013Inside Jordan---OutsideJordanJD JD JD JD JD JD11111111One payment onAugust 20,2011One payment onMarch 11, 2011One payment onApril 21,2011One payment onMarch 31, 2011---Total888Total8.58.258.758.5Year 2011Provision for employees end-of-service indemnityProvision for lawsuits against the Bank (Note 51)Provision for contingent liabilitiesTotalYear 2010Provision for employees end-of-service indemnityProvision for lawsuits against the BankProvision for contingent liabilitiesTotal20. Income TaxA. Provision for income tax:The movement on the provision for income tax was as follows:Beginning balanceIncome tax paidPrior years' income taxIncome tax for the yearEnding BalanceBeginningBalanceJD3,8232,160,253176,7132,340,789BeginningBalance4,3942,043,528176,7132,224,635Additions Disposals Returnedto IncomeJD JD JD JD-300,00077,000377,000-----1,765,000-1,765,0003,823695,253253,713952,789Additions Disposals Returnedto Income379152,175-152,5542011JD5,430,588(6,264,040)100,0004,614,0813,880,62995035,450-36,4002010JD3,484,443(4,283,777)178,9546,050,9685,430,588----EndingBalanceEndingBalance3,8232,160,253176,7132,340,78973Notes to the consolidtaed financial statements