DMIT Annual Report 2017

N OTES TO THE C ONSOLIDATED F INANCIAL S TATEMENTS (Thousands of US dollars) Dar Al-Maal Al-Islami Trust 47 5. Cash and cash equivalents 2017 2016 (Restated) Cash on hand 126,999 121,197 Cash at central banks - current account 200,362 205,423 Cash at other banks 509,983 434,900 Cash and cash equivalents 837,344 761,520 Cash at central banks - statutory reserve 171,113 161,858 Cash and bank balances 1,008,457 923,378 All cash at other banks have original maturities of less than 3 months. The cash at central bank-statutory reserve is not available for use. 6. Trading securities 2017 2016 Trading securities - at fair value - Government securities 304,895 16,606 - Corporate securities 9,956 10,404 Trading securities 314,851 27,010 The movement in trading securities is summarised as follows: 2017 2016 At 1 January 27,010 78,072 Additions 6,029,059 3,219,129 Disposals (5,725,123) (3,270,192) Loss on trading (Note 24) (1,213) (428) Revaluation of trading securities (Note 24) (357) 106 Exchange differences (14,525) 323 At 31 December 314,851 27,010 7. Investments in financings 2017 2016 Islamic investments in financings 2,052,596 2,245,241 Financings subject to finance leases 73,834 99,968 Provision for bad and doubtful debts (Note 9) (313,473) (311,140) Investments in financings 1,812,957 2,034,069 Islamic investments in financings largely comprise conventional loans and advances made by a subsidiary of the Group.