3.1 Dividends and similar income: composition

 

Transactions/Types

31.12.2010

31.12.2009

Dividends

Income from O.E.I.C. units

Dividends

Income from O.E.I.C. units

A

1.Financial assets held for trading

-

-

17,300

-

B

Available for sale financial assets

17

-

25

-

C

Financial assets at fair value

-

-

-

-

D

Equity investments

-

X

-

X

 

Total

17

-

17,325

-

Thanks to significant and stable liquidity, over 2009, Banca IFIS carried out short-term transactions on highly traded securities. These transactions, which moreover are risk-free, generated a profit of 505 thousand Euro, gross of the related funding costs. In detail, dividends for an amount of 17,300 thousand Euro were generated, together with net losses from trading in the amount of 16,795 thousand Euro, which correspond to the profit/loss on the trading of these securities amounting to 9,700 thousand Euro, as well as the profit/loss from the conclusion of correlated risk hedging instruments for an amount of 7,095 thousand Euro.