Annual Report 2011 - Jordan Investment and Finance bank

8032.Foreign Currency Exchange IncomeThis item consists of the following:Gains from foreign currencies trading / dealingGains from revaluationTotal33. Income from Financial Assets at Fair Value through Profit or LossThis item consists of the following:Year 2011Companies sharesInvestment fundsCompanies bonds and debenturesTotal34. (Loss) from Trading Financial AssetsThis item consists of the following:Year 2011Companies sharesYear 2010Companies sharesRealized (Loss)JD2,772,671-(5,972)2,766,699Realized (Loss)JD--(99,955)(99,955)2011JD3,048,906152,5243,201,4302010JD2,354,620232,6052,587,225Unrealized (Loss) Dividends Income TotalJD(814,476)(30,219)(121,250)(965,945)Unrealized (Loss)JD----424,170--424,170Dividends Income----2,382,365(30,219)(127,222)2,224,924--(99,955)(99,955)37. Other IncomeThis item consists of the following:Rental of safe deposit boxesBonded incomeTelex incomeIncome from sale of assets seized by the bankOther *TotalSalaries, bonuses and employees' benefitsBank’s share in social securityMedical expensesPer diemsTravel expensesTraining and researchEmployees life insuranceTotal2011JD14,210432,122292,58913,524547,6451,300,0902011JD6,172,342558,366292,1343,89523,14930,68519,6427,100,2132010JD7,100218,894407,581185,2111,663,7192,482,505* This item includes a net amount of JD 1.6 million for the year 2010 as a result of acquiring real estates from one of thecustomers who had previously written off debts against zero in 2011.38. Employees ExpensesThis item consists of the following:2010JD5,237,086452,572133,0303,23624,35646,98016,5745,913,83481Notes to the consolidtaed financial statements35. Income from Sale of Financial Assets at Amortized CostDuring the second quarter of 2011, the bank sold financial assets at amortized cost at a par value of JD 21.5 million and the resultof these operations were in a gain of JD 212,054. The main reason for this sale is to cover the temporary time gap for the Bank'sliquidity as per the assets and liabilities committee (ALCO) decisions nothing the maturity of these sold financial assets is betweenAugust 18, and September 28, 2011.36. Income from Available-for-Sale Financial AssetsThis item consists of the following:2011JD2010JDDividends incomeIncome from the sale of available-for-sale financial assetsImpairment (loss) on available for sale financial assetsTotal----1,040,430440,418(1,187,268)293,580