SMFG Income Analysis (Consolidated) Millions of yen 2011 2010 Year ended March 31 Average balance Interest Earnings yield Average balance Interest Earnings yield Interest-earning assets .............................................. ¥15,642,630 ¥356,800 2.28% ¥16,461,908 ¥405,558 2.46% Loans and bills discounted ................................... 9,620,423 265,568 2.76 11,059,619 314,641 2.84 Securities .............................................................. 1,978,236 39,734 2.01 1,656,478 31,115 1.88 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 .............................................. 2,285,316 17,583 0.77 2,154,320 14,078 0.65 Lease receivables and investment assets ............ 184,752 8,591 4.65 195,486 8,065 4.13 Interest-bearing liabilities .......................................... ¥10,510,807 ¥103,355 0.98% ¥11,816,818 ¥118,923 1.01% Deposits ................................................................ 6,702,036 36,716 0.55 7,472,668 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 ................................................... 421,821 9,958 2.36 440,869 11,669 2.65 Short-term bonds .................................................. — — — — — — Bonds .................................................................... 105,117 6,745 6.42 158,169 9,459 5.98 Overseas Operations Notes: 1. Overseas operations comprise the operations of the overseas branches of domestic consolidated banking subsidiaries and 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, ¥103,935 million; 2010, ¥156,583  million). Millions of yen 2011 2010 Year ended March 31 Average balance Interest Earnings yield Average balance Interest Earnings yield Interest-earning assets .............................................. ¥107,061,829 ¥1,612,599 1.51% ¥100,773,612 ¥1,695,805 1.68% Loans and bills discounted ................................... 62,448,896 1,199,083 1.92 64,723,468 1,280,297 1.98 Securities .............................................................. 32,845,940 251,311 0.77 26,505,349 241,216 0.91 Call loans and bills bought .................................... 1,126,538 9,305 0.83 1,156,638 7,657 0.66 Receivables under resale agreements .................. 95,907 2,351 2.45 27,922 902 3.23  Receivables under securities borrowing transactions ....................................... 4,243,613 8,464 0.20 2,293,522 5,413 0.24 Deposits with banks .............................................. 2,484,913 18,592 0.75 2,259,797 14,757 0.65 Lease receivables and investment assets ............ 1,810,793 71,589 3.95 1,958,655 74,542 3.81 Interest-bearing liabilities .......................................... ¥106,745,754 ¥ 294,931 0.28% ¥101,186,263 ¥ 314,872 0.31% Deposits ................................................................ 77,485,196 107,758 0.14 75,750,461 145,979 0.19 Negotiable certificates of deposit ......................... 9,158,909 31,665 0.35 8,750,961 34,042 0.39 Call money and bills sold ...................................... 1,939,732 3,788 0.20 3,062,980 6,271 0.20 Payables under repurchase agreements .............. 1,043,259 2,753 0.26 977,278 1,390 0.14 Payables under securities lending transactions ... 4,629,220 8,847 0.19 2,859,188 6,165 0.22 Commercial paper................................................. 328,969 1,164 0.35 82,513 194 0.24 Borrowed money ................................................... 7,228,342 44,298 0.61 4,580,881 37,708 0.82 Short-term bonds .................................................. 1,190,706 2,006 0.17 1,084,084 2,902 0.27 Bonds .................................................................... 3,522,765 66,940 1.90 3,552,249 70,749 1.99 Total of Domestic and Overseas Operations 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, ¥1,288,655 million; 2010, ¥1,123,299  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, ¥21,928 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, ¥21,928 million; 2010, ¥12,392 million) and corresponding  interest (2011, ¥16 million; 2010, ¥20 million). SMFG  2011 147