IFRS Reference Consolidated Financial Statements

Transcription

1 Consolidated Financial Statements For the fiscal period ended March 31, 2017 The statutory consolidated financial statements of Daiwa Securities Group Inc. filed under Financial Instruments and Exchange Act of Japan etc. are prepared in accordance with Generally Accepted Accounting Principles in Japan (JGAAP). In contrast, the accompanying IFRS-based financial statements are presented for reference only for the purpose of providing useful information for our shareholders and investors, and are not any requirement by Company Act, Financial Instruments and Exchange Act of Japan, nor listing rules of Tokyo Stock Exchange. Please note that there is no direct comparability between the financial statements prepared under different accounting standards.

2 Table of Contents Page Cover Consolidated Financial Statements Consolidated Statements of Profit or Loss...3 Consolidated Statements of Comprehensive Income...4 Consolidated Statements of Financial Position...5 Other Information...6 2

3 Consolidated Financial Statements Consolidated Statements of Profit or Loss Operating revenue: (Unit:millions of Yen) Commission received 288, ,335 Net gain on trading 122, ,302 Net gain (loss) on operational investment securities (3,629) 13,124 Financial revenue 147, ,418 Other operating revenue 22,134 30,815 Total operating revenue 577, ,994 Financial expenses (69,256) (79,389) Other operating expenses (33,676) (30,376) Net operating revenue 474, ,229 Selling, general and administrative expenses (366,016) (352,962) Other profits and losses 38,112 (10,953) Share of net profit from investments accounted for using equity method 7,882 8,458 Profit before income tax 154, ,772 Income tax expenses (60,372) (31,474) Net profit 93,681 96,298 Net profit attribute to: Owners of the parent 92,198 96,218 Non-controlling interests 1, Earnings per share Attribute to owners of the parent: (Unit:Yen) Basic Diluted

4 Consolidated Statements of Comprehensive Income (Unit:millions of Yen) Net profit 154,030 96,298 Other comprehensive income: Items that may be reclassified subsequently to profit or loss: Exchange differences on translating foreign operations 29,719 (13,818) Cash-flow hedge reserves (231) - Share of other comprehensive income of investments accounted for using equity method (436) 382 Financial assets measured at FVTOCI 1,142 2,796 Items that will not be reclassified to profit or loss: Designated financial assets measured at FVTOCI 31,021 9,097 Designated financial liabilities measured at FVTPL (17,985) 1,596 Other comprehensive income 43, Comprehensive income 197,260 96,351 Comprehensive income attribute to: Owners of the parent 190,892 96,271 Non-controlling interests 6,

5 Consolidated Statements of Financial Position Assets: March 31, 2016 (Unit:millions of Yen) March 31, 2017 Cash and bank deposits 3,263,047 3,758,621 Trading securities and other 4,017,268 3,853,261 Derivative assets 2,675,549 1,918,147 Loans secured by securities 4,755,623 5,250,246 Loans and trade receivables 3,441,864 3,075,652 Operational investment securities 103,447 96,687 Other investments 2,116,646 1,767,933 Other financial assets 697, ,684 Designated financial assets measured at FVTOCI 205, ,303 Equity method investments 255, ,137 Property and equipment 124, ,980 Intangible assets 89,099 96,327 Other assets 18,461 23,037 Current tax assets 332 5,075 Deferred tax assets 9,329 8,622 Total assets 21,773,530 21,165,712 Liabilities: Trading securities and other 2,315,451 2,261,720 Derivative liabilities 2,241,629 1,676,784 Loans payable secured by securities 5,407,283 5,963,541 Trade payables 3,221,567 2,463,508 Deposits for banking business 3,036,550 3,093,539 Deposits from customers 191, ,715 Borrowings 1,962,362 2,091,860 Bonds and notes 1,364,378 1,433,779 Other financial liabilities 612, ,923 Provisions 5,013 18,683 Net defined benefit liabilities 38,418 39,792 Other liabilities 41,072 41,803 Current tax liabilities 40,499 15,083 Deferred tax liabilities 40,407 37,943 Total liabilities 20,518,447 19,867,673 Equity: Common stock 247, ,397 Additional paid-in-capital 233, ,112 Retained earnings 669, ,942 Treasury stock (29,971) (12,719) Other components of equity 130, ,313 Equity attribute to owners of the parent 1,250,759 1,294,045 Non-controlling interests 4,324 3,994 Total equity 1,255,083 1,298,039 Total liabilities and equity 21,773,530 21,165,712 5

6 Other Information (1)Basis of preparation Daiwa Securities Group Inc. (the Company ) presents the accompanying International Financial Reporting Standards ( IFRS ) based consolidated financial statements on its homepage for reference only, and this information does not comprise any contents of statutory disclosure under Financial Instruments and Exchange Act of Japan etc.. The statutory disclosures of the Company are continuingly based on the consolidated financial statements prepared in accordance with Generally Accepted Accounting Principles in Japan ( JGAAP ). The accompanying consolidated financial statements comprise consolidated statement of profit or loss, consolidated statement of comprehensive income and consolidated statement of financial position for the fiscal period ended March 31, 2017( ) which are prepared in accordance with IFRS, and are not complete set of consolidated financial statements. The comparative period is for the fiscal period ended March 31, In addition, neither external audit nor review by independent auditors has been conducted. The accompanying consolidated financial statements are stated in the Company s functional currency, Japanese Yen, and unless otherwise stated, all financial information presented in million yen has been rounded to the nearest million. (2)Significant changes in the scope of consolidation Increase:- Decrease:- (3)Changes in accounting policies, accounting estimates and errors N/A 6