SMFG Notes to Consolidated Financial Statements (c) The balance sheet dates of consolidated subsidiaries (i) The balance sheet dates of the consolidated subsidiaries  are as follows: (i) Unconsolidated subsidiaries accounted for by the equity  method The number of unconsolidated subsidiaries accounted for  by the equity method is as follows: (ii) Equity method affiliates The number of the equity method affiliates is as follows: Principal company: SBCS Co., Ltd. Principal companies: Sumitomo Mitsui Auto Service Company, Limited Promise Co., Ltd. Daiwa SB Investments Ltd. Changes in the equity method affiliates in the fiscal year  ended March 31, 2011 are as follows: 4 companies including Famima Credit Corporation  became equity method affiliates due mainly to acquisitions  of stocks. 6 companies including Cedyna Financial Corporation  were excluded from the scope of equity method affiliates  because they became consolidated subsidiaries through a  third-party allotment of new shares issued by the company.  9 companies including Daiwa SMBC Capital Co., Ltd.  were also excluded due mainly to sales of stocks. (iii) Unconsolidated subsidiaries that are not accounted for  by the equity method Appropriate adjustments are made for material  transactions during the periods between their respective  balance sheet dates and the consolidated closing date, if the  financial statements of the consolidated subsidiaries were  based on dates other than March 31. (ii) The subsidiaries with balance sheets dated June 30,  July 31, September 30, November 30 and January 31 are  consolidated using the financial statements as of March  31 for the purpose of consolidation. The subsidiary with  balance sheets dated October 31 is consolidated using the  financial statements as of January 31. Certain subsidiaries  with balance sheets dated December 31 are consolidated  using the financial statements as of March 31. Other  subsidiaries are consolidated using the financial statements  on their respective balance sheet dates. (d) Special purpose entities The combined assets and liabilities of the 12 SPEs as of  their most recent closing dates of 2011 were ¥2,274,626  million ($27,356 million) and ¥2,274,424 million  ($27,353 million), respectively. The respective amounts of  2010 were ¥2,261,647 million and ¥2,261,476 million. (ii) The amount of principal transactions with the SPEs as  of and for the fiscal years ended March 31, 2011 and 2010  were as follows: (i) Outline of special purpose entities and transactions SMBC provides loans, credit lines and liquidity lines to 12  special purpose entities (“SPEs”) for their funding needs  and issuing of commercial paper. The SPEs are engaged  in purchases of monetary claims such as receivables from  SMBC customers and incorporated under the laws of the  Cayman Islands or as intermediate corporations with  limited liabilities. SMBC has no voting rights in the SPEs  and sends no directors or employees. Accordingly, SMFG  does not consolidate these SPEs. Principal company: Daiwa SB Investments (USA) Ltd. Affiliates that are not accounted for by the equity  method are excluded from the scope of equity method  because the attributable portions to SMFG from their total  amounts in terms of net income and retained earnings  are immaterial, and as such, they do not hinder a rational  judgment of SMFG’s financial position and results of  operations when excluded from the scope of equity method. SMFG  2011 78 206 subsidiaries including SMLC MAHOGANY CO.,  LTD. are operators of silent partnerships for lease transac- tions and their assets and profits/losses do not belong  to them substantially. Therefore, they have not been  accounted for by the equity method pursuant to Article  10, Paragraph 1, Item 2 of the Consolidated Financial  Statements Regulations. (iv) Affiliates that are not accounted for by the equity  method March 31 2011 2010 June 30 ........................................ 4 4 July 31 ......................................... 2 2 September 30 ............................... 3 5 October 31 ................................... 1 2 November 30 ............................... 7 5 December 31 ................................ 119 120 January 31 .................................... 18 18 February 28 .................................. 7 8 March 31 ...................................... 166 143 March 31 2011 2010 Unconsolidated subsidiaries .......... 4 4 March 31 2011 2010 Affiliates....................................... 43 54 Millions of yen Millions of U.S. dollars March 31 2011 2010 2011 Loans and bills discounted .................. ¥1,592,714 ¥1,630,152 $19,155 Credit lines ................... 593,578 670,385 7,139 Liquidity lines .............. 291,991 279,947 3,512 Millions of yen Millions of U.S. dollars Year ended March 31 2011 2010 2011 Interest on loans and discounts .................... ¥15,978 ¥17,520 $192 Fees and commissions ... 1,665 2,288 20