Daiwa Securities Group Annual Report 2012 (Note 2) Any financial product which is extremely difficult to obtain its fair value at March 31, 2012 and 2011 is as below and is not included in  the “Assets (7)(c) Subsidiaries companies’ stocks and related companies’ stocks and (d) Available-for-sale securities” of fair value information of  financial instruments. The above are deemed to be extremely difficult to determine fair values because there are no market prices and it is extremely difficult to esti- mate future cash flows from the investments. Therefore, their fair values are not disclosed. (Note 3) Scheduled redemption amount of financial receivables and securities with a maturity date after March 31, 2012 * Cash segregated as deposits for regulatory purposes are included in “Within 1 year” because they are comprised of trust for holding customer assets. * Receivables related to margin transactions are considered to be settled in short term, and included in “Within 1 year.” * Cash segregated as deposits for regulatory purposes are included in “Within 1 year” because they are comprised of trust for holding customer assets. * Receivables related to margin transactions are considered to be settled in short term, and included in “Within 1 year.” 77 Thousands of U.S. dollars Within 1 year 1 to 5 years 5 to 10 years Over 10 years Cash and cash equivalents $12,670,500 $ – $ – $ – Cash segregated as deposits for regulatory purposes 2,493,634 – – – Time deposits 262,037 – – – Receivables related to margin transactions 1,474,024 – – – Collateralized short-term financing agreements 69,941,366 – – – Securities, Private equity and other investments and Investment securities Held-to-maturity securities  – 3,065,500 2,641,317 1,167,426 Government bonds, municipal bonds, etc. – – 2,574,244 – Corporate bonds – 6,098 – 1,167,426 Other bonds – 3,059,402 67,073 – Other securities with a maturity date 84,244 1,548,183 8,747,768 378,854 Bonds 50,476 1,548,183 8,747,768 378,854 Government bonds, municipal bonds, etc. – – 7,982,451 – Corporate bonds 14,610 1,161,988 671,110 378,854 Other bonds 35,866 386,195 94,207 – Other securities 33,768 – – – Total $86,925,805 $4,613,683 $11,389,085 $1,546,280 Millions of yen Within 1 year 1 to 5 years 5 to 10 years Over 10 years Cash and cash equivalents ¥1,038,981 ¥ – ¥ – ¥ – Cash segregated as deposits for regulatory purposes 204,478 – – – Time deposits 21,487 – – – Receivables related to margin transactions 120,870 – – – Collateralized short-term financing agreements 5,735,192 – – – Securities, Private equity and other investments and Investment securities Held-to-maturity securities – 251,371 216,588 95,729 Government bonds, municipal bonds, etc. – – 211,088 – Corporate bonds – 500 – 95,729 Other bonds – 250,871 5,500 – Other securities with a maturity date 6,908 126,951 717,317 31,066 Bonds 4,139 126,951 717,317 31,066 Government bonds, municipal bonds, etc. – – 654,561 – Corporate bonds 1,198 95,283 55,031 31,066 Other bonds 2,941 31,668 7,725 – Other securities 2,769 – – – Total ¥7,127,916 ¥378,322 ¥933,905 ¥126,795 Millions of yen Thousands of  U.S. dollars 2012 2011 2012 Subsidiaries’ stocks and related companies’ stocks Unlisted equities ¥32,465 ¥32,467 $395,915 Other securities Unlisted equities 74,639 88,586 910,232 Investments in limited partnership and other similar partnerships 16,534 21,466 201,634 Others 4,499 5,242 54,866