SMBC Income Analysis (Consolidated) Overseas Operations Total of Domestic and Overseas Operations Millions of yen 2011 2010 Year ended March 31 Average balance Interest Earnings yield Average balance Interest Earnings yield Interest-earning assets ................................... ¥15,061,087 ¥331,747 2.20% ¥16,085,915 ¥389,577 2.42% Loans and bills discounted ......................... 9,530,458 263,531 2.77 10,971,078 312,374 2.85 Securities .................................................... 1,585,317 23,265 1.47 1,459,443 22,821 1.56 Call loans and bills bought ......................... 771,389 7,055 0.91 812,878 5,158 0.63 Receivables under resale agreements ........ 69,728 2,319 3.33 13,963 887 6.36  Receivables under securities borrowing transactions ............................. — — — — — — Deposits with banks ................................... 2,282,712 17,572 0.77 2,152,553 14,066 0.65 Interest-bearing liabilities ............................... ¥10,438,017 ¥100,023 0.96% ¥11,763,523 ¥116,457 0.99% Deposits ..................................................... 6,702,044 36,716 0.55 7,472,669 40,606 0.54 Negotiable certificates of deposit ............... 2,013,996 19,268 0.96 1,811,253 16,102 0.89 Call money and bills sold ............................ 326,104 1,621 0.50 1,205,537 3,416 0.28 Payables under repurchase agreements .... 597,909 2,180 0.36 364,451 713 0.20  Payables under securities lending transactions ................................. — — — — — — Commercial paper ...................................... 328,969 1,164 0.35 82,513 194 0.24 Borrowed money ........................................ 349,022 6,751 1.93 387,573 9,308 2.40 Short-term bonds ....................................... — — — — — — Bonds ......................................................... 105,117 6,745 6.42 158,169 9,459 5.98 Notes: 1. Overseas operations comprise the operations of SMBC’s overseas branches and its overseas consolidated subsidiaries. 2. In principle, average balances are calculated by using daily balances. However, some consolidated subsidiaries use weekly, monthly or quarterly balances  instead. 3. “Interest-earning assets” are shown after deduction of the average balance of noninterest-earning deposits (2011, ¥103,430 million; 2010, ¥156,324  million). Millions of yen 2011 2010 Year ended March 31 Average balance Interest Earnings yield Average balance Interest Earnings yield Interest-earning assets ................................... ¥105,509,373 ¥1,485,778 1.41% ¥99,271,616 ¥1,598,464 1.61% Loans and bills discounted ......................... 62,929,036 1,144,168 1.82 65,563,988 1,257,034 1.92 Securities .................................................... 32,638,709 248,988 0.76 26,108,898 238,944 0.92 Call loans and bills bought ......................... 1,124,111 9,303 0.83 1,150,805 7,653 0.67 Receivables under resale agreements ........ 95,907 2,351 2.45 27,922 902 3.23  Receivables under securities borrowing transactions ............................. 4,202,003 8,429 0.20 2,277,769 5,394 0.24 Deposits with banks ................................... 2,432,539 18,439 0.76 2,208,380 14,650 0.66 Interest-bearing liabilities ............................... ¥103,967,089 ¥ 268,610 0.26% ¥99,138,171 ¥ 295,615 0.30% Deposits...................................................... 77,622,970 107,821 0.14 75,827,957 146,051 0.19 Negotiable certificates of deposit ............... 9,211,266 31,721 0.34 9,039,183 34,382 0.38 Call money and bills sold ............................ 1,939,672 3,787 0.20 3,061,410 6,270 0.20 Payables under repurchase agreements .... 1,041,262 2,751 0.26 971,775 1,381 0.14  Payables under securities lending transactions ................................. 4,545,844 8,743 0.19 2,829,428 6,120 0.22 Commercial paper ...................................... 328,969 1,164 0.35 82,513 194 0.24 Borrowed money ........................................ 5,242,563 23,481 0.45 3,151,386 21,919 0.70 Short-term bonds ....................................... 359,916 564 0.16 238,247 468 0.20 Bonds ......................................................... 3,452,714 66,357 1.92 3,450,605 69,660 2.02 Notes: 1. The figures above comprise totals for domestic and overseas operations after intersegment eliminations. 2. In principle, average balances are calculated by using daily balances. However, some consolidated subsidiaries use weekly, monthly or quarterly balances  instead. 3. “Interest-earning assets” are shown after deduction of the average balance of noninterest-earning deposits (2011, ¥1,239,571 million; 2010, ¥1,103,197  million). 4. Income and expenses resulting from money held in trust are included in “Other income” and “Other expenses.” Therefore, “Interest-earning assets” are  shown after deduction of the average balance of money held in trust (2011, ¥18,676 million; 2010, ¥12,392 million). “Interest-bearing liabilities” are shown  after deduction of amounts equivalent to the average balance of money held in trust (2011, ¥18,676 million; 2010, ¥12,392 million) and corresponding  interest (2011, ¥16 million; 2010, ¥20 million). SMFG  2011 156