| 2008 |
2007 |
||
|---|---|---|---|
| Foreign exchange translation gains |
66 |
34 |
|
| Gains on foreign exchange trading transactions |
75 |
159 |
|
| Total foreign exchange |
141 |
193 |
|
| Investment property losses (note 22 ) |
(1,058) |
(321) |
|
| Securities and other (losses) gains |
(8,269) |
3,251 |
|
| Net trading income |
(9,186) |
3,123 |
Securities and other (losses) gains comprise net gains arising on assets and liabilities held at fair value through profit or loss and for trading as follows:
| 2008 |
2007 |
||
|---|---|---|---|
| Net income (expense) arising on assets held at fair value through profit or loss: |
|||
| Loans and advances to banks and customers |
20 |
23 |
|
| Debt securities |
918 |
673 |
|
| Equity shares |
(7,759) |
2,422 |
|
| Total net (expense) income arising on assets held at fair value through profit or loss |
(6,821) |
3,118 |
|
| Net expense arising on liabilities held at fair value through |
(232) |
(153) |
|
| Total net (losses) gains arising on assets and liabilities held at fair value through profit or loss |
(7,053) |
2,965 |
|
| Net (losses) gains on financial instruments held for trading |
(1,216) |
286 |
|
| Securities and other (losses) gains |
(8,269) |
3,251 |