Notes to the Consolidated Financial Statements
(Thousands of US dollars)
49
Dar Al-Maal Al-Islami Trust
Annual Report 2012
Assets and liabilities measured at fair value
At 31 December 2012
Level 1
Level 2
Level 3
Total
Trading securities
- Equity securities
9
-
-
9
- Debt securities
-
81,064
-
81,064
Investment securities -
available-for-sale
- Equity securities
48,216 121,787
85,087 255,090
- Debt securities
-
785,045
-
785,045
Hedging derivatives
-
4,087
4,087
Total assets
48,225 991,983
85,087 1,125,295
Derivatives held for trading
-
84
-
84
Total liabilities
-
84
-
84
Reconciliation of Level 3 items
Investment securities
Equity
Debt
Total
Total
securities
securities
Assets
liabilities
At 1 January 2012
97,473
-
97,473
-
Total profit/(loss)
Profit/(loss)
(578)
-
(578)
-
- Other comprehensive income/(loss)
-
-
-
-
Purchases
332
-
332
-
Sales
(12,140)
-
(12,140)
-
Settlements
-
-
-
-
Transfers into Level 3
-
-
-
-
At December 2012
85,087
-
85,087
-
Total Profit/(losses) for the year included in profit or loss for assets/liabilities held
At 31 December 2012
(578)
-
(578)
-
11. Fair value of financial
instruments
(continued)
