Daiwa Securities Group Annual Report 2012 Corporate Summary Executive Messages Business Strategy Management Systems & CSR Financial Section Other Information 80 2. Derivatives to which hedge accounting is applied Main hedged items, contract amount and fair value of these derivatives at March 31, 2012 and 2011 are as follows: Millions of yen Hedging instrument Hedge accounting treatment Main hedged item Contract amount Fair value Foreign exchange forward contract Allocation method Foreign bond ¥ 54 ¥ 54 Fundamental method Forecasted transaction in foreign currency 735 (11) Interest swap Fundamental method Long-term debt and government bond 623,500 (3,626) Special treatment Long-term debt and government bond 181,550 (335) March 31, 2012 Millions of yen Contract amount, fair value and net unrealized gains (losses) of these derivatives at March 31, 2012 and 2011 are as follows: 8. Derivatives used for non-trading purposes 1. Derivatives to which hedge accounting is not applied Cost and fair value of marketable available-for-sale securities as of March 31, 2012 and 2011 consisted of the following: Cost Fair value Difference March 31, 2012: Equities ¥ 88,566 ¥ 118,213 ¥29,647 Government, corporate and other bonds 874,696 880,228 5,532 Other 111,660 115,068 3,408 ¥1,074,922 ¥1,113,509 ¥38,587 Millions of yen Millions of yen Cost Fair value Difference March 31, 2011: Equities ¥ 99,795 ¥141,499 ¥41,704 Government, corporate and other bonds 9,702 9,705 3 Other 169,310 168,736 (574) ¥278,807 ¥319,940 ¥41,133 Cost Fair value Difference March 31, 2012: Equities $ 1,080,073 $ 1,441,622 $361,549 Government, corporate and other bonds 10,667,024 10,734,488 67,463 Other 1,361,708 1,403,268 41,561 $13,108,805 $13,579,378 $470,573 Thousands of  U.S. dollars Contract amount Fair value Unrealized  gains (losses) March 31, 2012: Stock index future ¥1,669 ¥(88) ¥(88) Millions of yen Contract amount Fair value Unrealized  gains (losses) March 31, 2011: Stock index future ¥– ¥– ¥– Thousands of U.S. dollars Contract amount Fair value Unrealized  gains (losses) March 31, 2012: Stock index future $20,354 $(1,073) $(1,073)