SMFG Notes to Consolidated Financial Statements investments by the equity method in the consolidated statements  of income. 3. Acquisition cost of the acquired company 4. Difference between acquisition cost of the acquired company  and total acquisition cost of individual transactions leading to  acquisition 5. Goodwill, reason for recognizing goodwill, amortization method  and amortization period 6. Amounts of assets and liabilities acquired on the day of the busi- ness combination 7. Approximate amounts of impact on the consolidated statements  of income for the fiscal year ended March 31, 2011, assuming that  the business combinations had been completed on the commence- ment date of the fiscal year (1) The difference between the ordinary income and other income  data estimated, assuming that the business combinations had  (2) Calculation method of the approximate amounts and material  assumptions 1. Outline of the business combination 2. Period of the acquired company’s financial results included in the  consolidated financial statements 3. Acquisition cost of the acquired company Millions of yen Millions of  U.S. dollars Fair value of common stock of Cedyna owned before business combination ............ ¥35,901 $ 432 Fair value of common stock of Cedyna additionally acquired at the date of business combination ............ 49,999 601 Expenses directly required for acquisition ...................... 203 3 Acquisition cost of the acquired company ........... ¥86,104 $1,036 Millions of yen Millions of  U.S. dollars Acquisition cost of the acquired company ........... ¥86,104 $1,035 Total acquisition cost of individual transactions leading to acquisition ........... 74,437 895 Difference (gains on step acquisitions) ... ¥11,667 $ 140 Millions of yen Millions of  U.S. dollars Total assets ............................. ¥2,631,525 $31,648 Loans and bills discounted ...... 438,497 5,274 Other assets ............................ 803,639 9,665 Customer’s liabilities for acceptances and guarantees ... 1,124,290 13,521 Millions of yen Millions of  U.S. dollars Total liabilities ....................... ¥2,520,313 $30,310 Borrowed money .................... 989,790 11,904 Acceptances and guarantees .... 1,124,290 13,521 Millions of yen Millions of  U.S. dollars Ordinary income .................... ¥213,686 $2,570 Ordinary profit ....................... (5,584) (67) Net income ............................ (2,257) (27) Millions of yen SMFG’s interest in KUBC’s common stock .......... ¥ 7,182 SMFG’s interest in KUBC’s preferred stock ......... 40,000 Acquisition cost ................................................... ¥47,182 SMFG  2011 131 been completed on the commencement date of the fiscal year  and the actual ordinary income and other income data that  are recorded in the consolidated statements of income is as  follows: Note: Ordinary income is presented as a counterpart of sales of companies in other  industries.  The approximate amounts were calculated retroactively to the  commencement date of the fiscal year based on the amounts  stated in Cedyna and its consolidated subsidiaries’ statements  of income for the period from April 1, 2010 to June 30, 2010,  including the amount of amortization of goodwill for the same  period and are different from results of operation if the business  combination had been completed on the commencement date of  the fiscal year. The information mentioned above has not been audited by  KPMG AZSA LLC. Fiscal year ended March 31, 2010 <Purchase method> A merger of subsidiary bank Kansai Urban Banking Corporation (“KUBC”), a consolidated sub- sidiary of SMFG, merged with The Biwako Bank, Limited (“Biwako  Bank”) on March 1, 2010. The outline of the merger is as follows: Biwako Bank (Banking business) KUBC and Biwako Bank merged in order to become a  regional bank with top-level financial soundness and a broad  operating base in the Kansai area with a view to realizing a  more stable operation as a regional financial institution. March 1, 2010 The merger was a merger by absorption with KUBC as the  surviving company. (Name of the new company: Kansai Urban  Banking Corporation) Sumitomo Mitsui Financial Group, Inc. 56% From March 1, 2010 to March 31, 2010 (1) Name of the acquired company and its business (2) Reason for the business combination (3) Date of the business combination (4) Legal form of business combination (5) Name of the controlling entity after the business combination (6) Percentage share of voting rights SMFG has acquired (1) Assets (2) Liabilities (1) Amount of goodwill (2) Reason for recognizing goodwill (3) Method and term to amortize goodwill ¥9,671 million ($116 million)  SMFG accounted for the difference between the acquisition  cost and the equivalent amount of SMFG’s interests in Cedyna  as goodwill. Straight-line method over 20 years