Accumulated other comprehensive income (loss)

12 Months Ended

Dec. 31, 2012

Equity [Abstract]

Comprehensive Income (Loss) Note [Text Block]

22. Accumulated other comprehensive income (loss)

As of December 31, 2012, 2011 and 2010 the breakdown of accumulated other comprehensive income (loss) related to investment securities available-for-sale and derivative financial instruments, and foreign currency translation is as follows:

(In thousands of US$)	Securities available- for-sale			Derivative financial instruments			Foreign currency translation adjustment, net of hedges			Total
Balance as of January 1, 2010		(3,244	)		(2,916	)		-			(6,160	)
Net unrealized gains arising from the year		2,325			1,391			-			3,716
Reclassification adjustment for gains included in net income (1)		(2,825	)		(1,172	)		-			(3,997	)
Balance as of December 31, 2010		(3,744	)		(2,697	)		-			(6,441	)
Net unrealized gains arising from the year		4,095			1,097			-			5,192
Reclassification adjustment for (gains) losses included in net income (1)		(2,079	)		960			-			(1,119	)
Foreign currency translation adjustment, net		-			-			(744	)		(744	)
Balance as of December 31, 2011		(1,728	)		(640	)		(744	)		(3,112	)
Net unrealized gains arising from the year		8,436			5,699			-			14,135
Reclassification adjustment for gains included in net income (1)		(5,775	)		(5,427	)		-			(11,202	)
Foreign currency translation adjustment, net		-			-			(551	)		(551	)
Balance as of December 31, 2012		933			(368	)		(1,295	)		(730	)

⁽¹⁾    Reclassification adjustments include amounts recognized in net income during the current year that had been part of other comprehensive income (loss) in this and previous years.