(7) Regional Economy Vitalization Corporation Account

Balance Sheet

(Unit: million yen)
Assets Liabilities and Net Assets
Item End of March, 2013 (Reference) End of March, 2012 Item End of March, 2013 (Reference) End of March, 2012
(Current Assets) 60 19 (Current Liabilities)    
Cash and Deposits
10 19
Accounts Payable
0 0
Securities
49      
Accrued Income
0 (Fixed Liabilities) 9,660 9,660
Accounts Receivable
0 0
Contribution from Financial Institutions
9,659 9,659
     
Reserves for Retirement Allowance
0 0
(Fixed Assets)          
Shares in Regional Economy Vitalization Corporation
22,584 19,629

(Liabilities Total)

9,660 9,660
           
      (Capital)    
     
Government Capital
13,000 10,000
           
      (Deficit) (15) (10)
     
Deficit brought forward
(10) (6)
     
Unappropriated Current Deficit
(4) (4)
           
      (Net Assets Total) 12,984 9,989
Total 22,645 19,649 Total 22,645 19,649

Note: Figures are rounded off.

 

Profit and Loss Statement

(Unit: million yen)
Expenses Revenues
Item FY2012 (Reference) FY2011 Item FY2012 (Reference) FY2011
(Current Expenses)     (Current Revenue)    
General Administrative Expenses
4 4
Non-Operating Income
0 0
           
      (Current Deficit) 4 4
Total 4 4 Total 4 4
Notes: 1. Current deficit of ¥4 million is carried forward to the next fiscal year, pursuant to the provision of Article 3, paragraph (2) of the Order on Special Provisions, etc. for DICJ’s Operations (Ordinance of the Cabinet Office and the Ministry of Finance No. 5 of 2009), prescribed in Chapter VIII of the Act on Regional Economy Vitalization Corporation of Japan.
2. Figures are rounded off.
 

Important Accounting Principles and Other Relevant Matters

1. Evaluation Method for Securities
Cost method based on the periodic average method.
2. Appropriation Criteria for Reserves
Reserves for Retirement Allowance
The required remuneration at the end of the fiscal year is used as the criterion for appropriating for payment of allowances for employees.
3. Other Important Matters relating to Preparation of Financial Statements
  (1) Accounting method for consumption tax, etc.: tax inclusive method
  (2) Other
As a result of the enforcement of the Act to Partially Revise the Act on Enterprise Turnaround Initiative Corporation of Japan (Act No. 2 of 2013) on March 18, 2013, the Enterprise Turnaround Initiative Corporation Account was renamed as the Regional Economy Vitalization Corporation Account.

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