Notes to Consolidated Financial Statements SMFG Year ended March 31, 2011 Millions of U.S. dollars Securities services Leasing SMBC  Friend  Securities  Co., Ltd. Nikko  Cordial  Securities  Inc. Others Total Sumitomo Mitsui  Finance and  Leasing Company,  Limited Others Total Gross profit ........................... $637 $2,468 $ 41 $3,146 $1,145 $ 50 $1,195 Interest income .................. 7 (32) 9 (16) 722 (41) 681 Non-interest income .......... 630 2,500 32 3,162 423 91 514 Expenses ................................ (514) (2,004) (37) (2,555) (338) (118) (456) Depreciation ...................... (25) (29) (15) (69) (37) (7) (44) Other profit or loss ................ — — (67) (67) (203) 157 (46) Consolidated net business profit ..................... $123  $ 464  $(63) $ 524  $ 604  $ 89  $ 693  Year ended March 31, 2011 Millions of U.S. dollars Credit card services Other  business Grand total Sumitomo  Mitsui Card  Company,  Limited Cedyna Financial Corporation Others Total Gross profit ........................... $2,193 $1,616 $70 $3,879 $ 909 $30,458 Interest income .................. 276 442 31 749 1,207 16,062 Non-interest income .......... 1,917 1,174 39 3,130 (298) 14,396 Expenses ................................ (1,561) (1,173) (25) (2,759) 156 (15,647) Depreciation ...................... (97) (91) (33) (221) (152) (1,464) Other profit or loss ................ (240) (451) 0 (691) (1,543) (2,761) Consolidated net business profit ..................... $ 392  $ (8) $45  $ 429  $ (478)  $12,050  Notes: 1. Consolidated net business profit = SMBC’s nonconsolidated banking profit + SMFG’s ordinary profit + Other subsidiaries’ ordinary profit (excluding nonrecurring factors)  + Equity method affiliates’ ordinary profit  ✕  Ownership ratio – Internal transactions (dividends, etc.) 2. Other profit or loss = Nonoperating profit or loss of consolidated subsidiaries except SMBC + Equity method affiliates’ ordinary profit  ✕ Ownership ratio, etc. 3. Consolidated net business profit of SMBC Friend Securities Co., Ltd., Nikko Cordial Securities Inc., Sumitomo Mitsui Finance and Leasing Company , Limited, Sumitomo  Mitsui Card Company, Limited, and Cedyna Financial Corporation is operating profit of each company, and nonoperating profits or losses of the companies are classified  into “Others” in each segment. For the figures on Cedyna Financial Corporation which became a consolidated subsidiary in the 1s quarter of the fiscal year ended March  31, 2011, consolidated net business profit amount is sum of Operating profit in the 1st quarter  ✕ Ownership ratio + Operating profit from the 2nd quarter through the  4th quarter of the fiscal year ended March 31, 2011. For the figures on Nikko Cordial Securities Inc. which became a consolidated subsidiary in the 3rd quarter of the fiscal  year ended March 31, 2010, consolidated net business profit amount is Operating profit for the 2nd half term of the fiscal year ended March 31, 2010. 4. “Other business” includes profit or loss to be offset as internal transactions between segments. 4. Difference between total amount of consolidated net business profit by reportable segment and ordinary profit on consolidat ed statements of  income (adjustment of difference) Millions of yen Millions of  U.S. dollars Year ended March 31 2011 2010 2011 Profit Consolidated net business profit ...................................................................... ¥1,001,994 ¥832,290 $12,050  Credit costs of SMBC ....................................................................................... (95,324) (254,737) (1,146)  Gains (losses) on stocks of SMBC ..................................................................... (87,285) 3,857 (1,050)  Amortization of unrecognized retirement benefit obligation of SMBC ............. (38,019) (47,107) (457)  Ordinary profit of consolidated subsidiaries other than reportable segment ...... 81,530  84,225 981  Amortization of goodwill other than reportable segment ................................. (16,268) (13,108) (196)  Adjustment of profit or loss of equity method affiliates .................................... (11,841) (29,193) (142)  Others ............................................................................................................. (9,355) (17,456) (113)  Ordinary profit on consolidated statements of income ...................................... ¥ 825,428 ¥558,769 $ 9,927  Notes: 1. Credit cost = Provision for reserve for possible loan losses (excluding translation adjustment of general reserve for possible loan losses) + Write-off of loans + Losses on sales  of delinquent loans 2. Gains (losses) on stocks = Gains on sale of stocks – Losses on sale of stocks – Losses on devaluation of stocks 3. Adjustment of profit or loss of equity method affiliates = Equity method affiliates’ net income  ✕ Ownership ratio – Equity method affiliates’ ordinary profit  ✕  Ownership  ratio SMFG  2011 127