(2) Crisis Management Account

Balance Sheet

(Unit: million yen)
Assets Liabilities and Net Assets
Item March 31, 2011 Item March 31, 2011
(Current Assets) 906,525 (Current Liabilities) 1,371,741
Cash and Deposits
16
Short-Term Borrowings
71,400
Securities
906,327
DICJ Bonds (due for redemption within 1 year)
1,300,000
Accrued Income
180
Discount on DICJ Bonds (due for redemption within 1year)
40
Accounts Receivable
-
Accounts Payable
0
   
Accrued Expenses Payable
300
       
(Fixed Assets) 711,696 (Fixed Liabilities) 0
Acquired Shares
711,696
DICJ Bonds
-
Tangible Fixed Assets
 
Discount on DICJ Bonds
-
Tools/Equipment/Fixtures
0
Reserves for Retirement Allowance
0
       
    (Liabilities Total) 1,371,741
       
    (Surplus)  
   
Earned Surplus
246,480
   
Accumulated Fund
128,214
   
Current Profit
118,266
       
       
    (Net Assets Total) 246,480
       
Total 1,618,222 Total 1,618,222

Note: Figures are rounded down.

 

Profit and Loss Statement

(Unit: million yen)
Expenses Revenue
Item FY2010 Item FY2010
(Current Expenses) 4,932 (Current Revenue) 123,198
       
General Administrative Expenses
6 Income from Operations such as the Acquisition of Shares 123,010
       
Non-Operating Expenses
4,926
Dividends of Purchased Shares, etc.
28,888
Interest in Borrowings
555
Profit on Sale of Purchased Shares, etc.
94,112
Interest on DICJ Bonds
4,366 Non-Operating Revenue 188
Administrative Expenses for DICJ Bonds
4    
       
       
(Current Profit) 118,266    
       
Total 123,198 Total 123,198
 

The notes below refer to the items mentioned for the FY2010 settlement of accounts.

Notes: 1. Current profit of¥18,266 million is added to the accumulated fund for the next fiscal year, pursuant to the provision of Article 3 of the Ordinance of Enforcement of the Deposit Insurance.
2. Figures are rounded down.
 

Important Accounting Principles and Other Relevant Matters

1.  Evaluation Method for Securities

Cost method based on the periodic average method.

2.  Depreciation Method for Fixed Assets

Fixed installment method using the criteria under the Corporation Tax Act. The aggregate depreciation amount is as follows:

Tangible fixed assets: ¥0 million

3.  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 reserves in preparation for payment of retirement allowances for employees.
4.  Other Important Matters Relating to Preparation of Financial Statements

(1)  Accounting method for consumption tax: tax inclusive method

(2)  Depreciation method of DICJ Bonds Issuing Cost

Discount in DICJ Bond Issue: equal depreciation over the period up to the term of bond redemption

(3)  Accounting criteria for revenue and expenses: accrual method

(4)  Others

Because an interest swap transaction involved in interest payment on DICJ Bonds (receive-fixed, pay-floating interest-rate swap) meets the requirement of exceptional treatment, the net amount of receipts and payment of interest rate swap transactions is accounted for by adding to or subtracting from the interest on DICJ Bonds. This resulted in the interest payment on DICJ Bonds decreasing by ¥5,772 million (in the previous fiscal year, an increase of ¥3,975 million).

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