SMFG Notes to Consolidated Financial Statements 21. Other Income 22. Other Expenses Other income for the fiscal years ended March 31, 2011 and 2010 consisted of the following: Other expenses for the fiscal years ended March 31, 2011 and 2010 consisted of the following: *Losses on impairment of fixed assets consisted of the following: At SMBC, a branch, which continuously manages and determines its income and expenses, is the smallest unit of asset group for recognition  and measurement of impairment loss of fixed assets. Assets such as corporate headquarters facilities, training facilities, data and system centers,  and health and recreational facilities which do not produce cash flows that can be attributed to individual assets are treated as corporate assets.  As for idle assets, impairment loss is measured individually. At other consolidated subsidiaries, a branch or other group is the smallest asset  grouping unit as well.  SMBC and other subsidiaries reduced the carrying amounts of long-lived assets of which investments are not expected to be fully recovered  to their recoverable amounts, and recognized the losses as “losses on impairment of fixed assets,” which is included in “Other expenses.” SMBC  reduced the carrying amounts of corporate assets and idle assets, and other consolidated subsidiaries reduced the carrying amounts of their  branches, corporate assets, idle assets and others. The recoverable amount is calculated using net realizable value which is basically determined  by subtracting the expected disposal cost from the appraisal value based on the Real Estate Appraisal Standard. SMFG  2011 91 Millions of yen Millions of  U.S. dollars Year ended March 31 2011 2010 2011 Gains on sale of stocks and other securities .......................................................... ¥27,523 ¥ 57,231 $331 Gains on money held in trust ............................................................................... 203 130 2 Gains on disposal of fixed assets ........................................................................... 884 17,179 11 Recoveries of written-off claims ........................................................................... 2,813 968 34 Gains on step acquisitions ................................................................................... 12,655 — 152 Other .................................................................................................................. 29,427 35,128 354 ¥73,507 ¥110,638 $884 Millions of yen Millions of  U.S. dollars Year ended March 31 2011 2010 2011 Write-off of loans................................................................................................. ¥156,571 ¥176,672 $1,883 Losses on sale of stocks and other securities .......................................................... 4,551 34,814 55 Losses on devaluation of stocks and other securities .............................................. 114,921 32,495 1,382 Losses on money held in trust .............................................................................. 352 375 4 Losses on sale of delinquent loans ......................................................................... 6,834 76,439 82 Equity in losses of affiliates .................................................................................. 13,319 21,542 160 Losses on disposal of fixed assets .......................................................................... 5,914 6,003 71 Losses on impairment of fixed assets* .................................................................. 5,411 12,856 65 Provision for reserve for loss on interest repayment .............................................. 14,530 — 175 Influence amount as a result of the application of Accounting Standard for Asset Retirement Obligations ............................................................................ 3,552 — 43 Other .................................................................................................................. 20,921 65,052 252 ¥346,881 ¥426,252 $4,172 Year ended  March 31 Purpose of use Millions of yen Millions of  U.S. dollars Area 2011 Type 2011 2010 2011 Tokyo metropolitan area ........................................ Branch (—) Land and buildings, etc. ¥ — ¥ 13 $ — Corporate assets (5 items) 254 8,295 3 Idle assets (39 items) 1,070 1,511 13 Other (4 items) 461 335 6 Kinki area ............................................................. Branches (4 branches) Land and buildings, etc. 69 164 1 Corporate assets (—) — 35 — Idle assets (42 items) 3,542 1,436 43 Other (—) — 256 — Other .................................................................... Corporate assets (—) Land and buildings, etc. — 21 — Idle assets (5 items) 13 281 0 Other (—) — 503 —