Financial statements of JSW S.A. for 2012

15. Other short-term financial assets

  31 Dec 2012 31 Dec 2011
Bank deposits 935.5 10.6
Corporate bonds 10 -
Loans extended 1.8 -
Others 0.1 -
Total other short-term financial assets 947.4 10.6

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The appreciation of other short-term financial assets is caused by the establishment of bank deposits with maturities of 3 to 12 months.

Corporate bonds include registered cash bonds issued by Spółka Energetyczna Jastrzębie S.A. with the nominal value of PLN 10.0 million and final maturity of 27 December 2013. The bonds bear interest based on a floating interest rate.

Moreover, in 2012 JSW S.A. granted a loan to a subsidiary “Advicom” Sp. z o.o., which is described in Note 11.