SMFG Notes to Consolidated Financial Statements Millions of yen 2011 Contract amount Fair value Valuation gains (losses) March 31 Total Over 1 year Listed Equity price index futures: Sold .................................................................................................... ¥129,122  ¥ — ¥ 1,689  ¥ 1,689  Bought ............................................................................................... 46,212 — 283 283 Equity price index options: Sold .................................................................................................... 6,200 — (203) (203) Bought ............................................................................................... 4,456 — 116 116 Over-the-counter Equity options: Sold .................................................................................................... 201,781 200,642 (41,359) (41,359) Bought ............................................................................................... 203,957 200,642 41,430 41,430 Total ....................................................................................................... / / ¥ 1,956  ¥ 1,956  Millions of yen 2010 Contract amount Fair value Valuation gains (losses) March 31 Total Over 1 year Listed Equity price index futures: Sold  .................................................................................................... ¥ 57,478 ¥ — ¥ (1,416) ¥ (1,416) Bought ............................................................................................... 35,779 — 955 955 Equity price index options: Sold .................................................................................................... 1,825 — (1) (1) Bought ............................................................................................... 225 — 1 1 Over-the-counter Equity options: Sold .................................................................................................... 226,398 152,641 (45,488) (45,488) Bought ............................................................................................... 233,424 225,474 45,680 45,680 Other: Sold .................................................................................................... 114 — (0) (0) Bought ............................................................................................... 294 — 16 16 Total  ....................................................................................................... / / ¥ (253) ¥ (253) Millions of U.S. dollars 2011 Contract amount Fair value Valuation gains (losses) March 31 Total Over 1 year Listed Equity price index futures: Sold .................................................................................................... $1,553  $ — $ 20 $ 20 Bought ............................................................................................... 556 — 3 3 Equity price index options: Sold .................................................................................................... 75 — (2) (2) Bought ............................................................................................... 54 — 1 1 Over-the-counter Equity options: Sold .................................................................................................... 2,427 2,413 (497) (497) Bought ............................................................................................... 2,453 2,413 498 498 Total ....................................................................................................... / / $ 23 $ 23 Notes: 1. The above transactions are valued at fair value and the valuation gains (losses) are accounted for in the consolidated statements of income. 2. Fair value of transactions listed on exchange is calculated using the closing prices on the Tokyo Stock Exchange and others. Fair value of OTC transactions is calculated using option pricing models. (c) Equity derivatives SMFG  2011 115