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Note 5 - Short-term bank deposits
12 Months Ended
Dec. 31, 2011
SHORT-TERM BANK DEPOSITS  
SHORT-TERM BANK DEPOSITS

5.                  SHORT-TERM BANK DEPOSITS

 

 

 

As of December 31

 

 

2010

 

2011

 

 

 

 

 

Unrestricted short-term bank deposits

 

 $ -

 

$ 2,529

Restricted short-term bank deposits

 

17,422

 

12,024

 

 

$ 17,422

 

$ 14,553

 

 

Short-term bank deposits are deposits with maturities of more than three months but less than one year. Restricted short-term bank deposits represent the amounts of cash pledged by two subsidiaries in Thailand to secure credit facilities granted by financial institutions.

 

These bank deposits bear interest rates ranging from 0.06% to 1.98% and 0.3% to 3.7% per annum as of December 31, 2010 and 2011, respectively.