SMFG Notes to Consolidated Financial Statements Millions of yen Millions of  U.S. dollars (Note 1) Year ended March 31 2011 2010 2011 Operating income  ..................................................................................... ¥222,217 ¥133,379 $2,672 Dividends on investments in subsidiaries and affiliates ........................ 206,865 118,818 2,488  Fees and commissions received from subsidiaries ............................... 15,352 14,560 184 Operating expenses  ................................................................................. 24,467 16,641 294  General and administrative expenses ................................................... 7,999 8,353 96  Interest on bonds................................................................................... 16,468 8,287 198  Operating profit  ........................................................................................ 197,750 116,737 2,378  Nonoperating income  ............................................................................... 110 369 1  Interest income on deposits .................................................................. 68 347 1  Fees and commissions .......................................................................... 1 2 0  Other nonoperating income ................................................................... 40 19 0  Nonoperating expenses  ........................................................................... 6,317 22,572 75 Interest on borrowings ........................................................................... 6,290 9,115 75 Fees and commissions payments ......................................................... 26 4,104 0  Amortization of stock issuance cost ..................................................... — 9,324 — Amortization of bond issuance cost ...................................................... — 28 — Other nonoperating expenses ............................................................... 0 0 0  Ordinary profit  ........................................................................................... 191,543 94,534 2,304  Extraordinary loss  ..................................................................................... — 22,688 — Losses on sales of stocks of affiliate ..................................................... — 22,688 — Income before income taxes  ................................................................... 191,543 71,846 2,304  Income taxes: Current ................................................................................................... 3 154 0  Deferred ................................................................................................. — 5,514 — Net income  ................................................................................................ ¥191,539 ¥ 66,176 $2,304 Yen U.S. dollars (Note 1) 2011 2010 2011 Per share data: Net income ............................................................................................ ¥131.42 ¥53.82 $1.58 Net income — diluted ........................................................................... 131.41 — 1.58 Nonconsolidated Statements of Income Sumitomo Mitsui Financial Group, Inc. SMFG  2011 136$^{(2)}$