FINANCIAL REPORT AND ACCOUNTS 2011 - States Assembly

NOTES TO THE ACCOUNTSNOTE 12: INVESTMENTS HELD AT FAIR VALUE THROUGH OCS9.12 Note 12: Investments held at Fair Value through OCSDuring 2010 the States of Jersey Common Investment Fund was created. Individual funds now generallyinvest through the CIF, and hold less investments directly.2011Investments heldInvestments held directly by:in the CommonInvestment FundConsolidatedFundCurrency &Coinage FundsTotalMarket Value Market Value Market Value Market Value£’000 £’000 £’000 £’000Equities 295,330 – – 295,330Government Bonds 206,283 – – 206,283Corporate Bonds 121,266 – – 121,266Certificates of Deposit 175,315 85,085 10,100 270,500Other – 2,942 – 2,942798,194 88,027 10,100 896,3212010Investments heldInvestments held directly by:in the CommonInvestment FundConsolidatedFundCurrency &Coinage FundsTotalMarket Value Market Value Market Value Market Value£’000 £’000 £’000 £’000Equities 213,970 – – 213,970Government Bonds 235,465 – – 235,465Corporate Bonds 107,777 – – 107,777Certificates of Deposit 227,857 88,930 15,703 332,490Other – 9,250 – 9,250785,069 98,180 15,703 898,952Investments heldInvestments held directly by:Maturity Analysis2011in the CommonInvestment FundConsolidatedFundCurrency &Coinage FundsTotal£’000 £’000 £’000 £’000Less than one year 241,090 88,027 10,100 339,217Between one and two years 93,215 – – 93,215Between two and five years 111,301 – – 111,301More than five years 57,258 – – 57,258Equities 295,330 – – 295,330798,194 88,027 10,100 896,321Investments are carried at market value in the accounts, which is not materially different from fair value.105