Sumitomo Mitsui Financial : General Manager, Financial Accounting Dept - Form 6-K

General Manager, Financial Accounting Dept.

Date: July 31, 2023

Table of Contents

July 31, 2023

		Sumitomo Mitsui Financial Group, Inc. Consolidated Financial Results for the three months ended June 30, 2023

Head Office: 1-2, Marunouchi 1-chome,Chiyoda-ku, Tokyo, Japan

Stock Exchange Listings: Tokyo Stock Exchange, Nagoya Stock Exchange, New York Stock Exchange

URL: https://www.smfg.co.jp/english/

President: Jun Ohta

Quarterly Securities Report (Shihanki hokokusho) issuing date: August 14, 2023

Investors meeting presentation for quarterly financial results: Not scheduled

Note: Amounts less than one million yen have been rounded down.

1. Consolidated financial results (for the three months ended June 30, 2023)

(1) Operating results

(Millions of yen, except per share data and percentages)

		Ordinary income			Ordinary profit			Profit attributable to owners of parent
Three months ended June 30, 2023			¥ 2,273,292				70.7	%		¥	349,137				(0.2	)%		¥	248,016				(1.8	)%
Three months ended June 30, 2022			1,331,703				39.9				349,674				21.7				252,439				24.2
Notes:		1.		Comprehensive income:
		(a) for the three months ended June 30, 2023: ¥ 868,208 million [121.7%]
		(b) for the three months ended June 30, 2022: ¥ 391,625 million [50.4%]
	2.		Percentages shown in ordinary income, ordinary profit, profit attributable to owners of parent and comprehensive income are the increase (decrease) from the same period in the previous fiscal year.
		Earnings per share			Earnings per share (Diluted)
Three months ended June 30, 2023			¥ 185.69				¥ 185.64
Three months ended June 30, 2022			184.14				184.08
(2) Financial position
												(Millions of yen, except percentages)
		Total assets			Net assets			Net assets ratio
As of June 30, 2023			¥ 284,634,759				¥ 13,428,381				4.7%
As of March 31, 2023			270,428,564				12,791,106				4.7
Notes:		1.		Stockholders' equity:
		(a) as of June 30, 2023: ¥ 13,313,797 million (b) as of March 31, 2023: ¥ 12,680,465 million
	2.		Net assets ratio = {(Net assets - stock acquisition rights - non-controlling interests) / total assets} X 100

2. Dividends on common stock

(Yen)

		Cash dividends per share
		1st quarter			2nd quarter			3rd quarter			4th quarter			Annual
Fiscal year ended March 31, 2023			¥ -				¥ 115.00				¥ -				¥ 125.00				¥ 240.00
Fiscal year ending March 31, 2024			-
Fiscal year ending March 31, 2024 (Forecast)							125.00				-				125.00				250.00
Note: Dividend forecast remains unchanged.

3. Earnings forecast on a consolidated basis (for the fiscal year ending March 31, 2024)

(Millions of yen, except per share data and percentage)

		Profit attributable to owners of parent		Earnings per share
Fiscal year ending March 31, 2024		¥ 820,000		1.8%		¥ 614.86

Notes:		1.		Earnings forecast remains unchanged.
	2.		Percentage shown in profit attributable to owners of parent is the increase (decrease) from the previous fiscal year.
	3.		Forecasted earnings per share is calculated by dividing forecasted profit attributable to owners of parent by the number of issued common stocks (excluding treasury stocks) as of June 30, 2023.

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* Notes
(1) There were no changes in material consolidated subsidiaries in the period.
(2) Special accounting methods used for preparing quarterly consolidated financial statements were adopted.
Note: For more details, see page 2 "1. Matters related to summary information (Notes)."
(3) Changes in accounting policies, changes in accounting estimates and restatements
(a) Changes in accounting policies due to application of new or revised accounting standards		: No
(b) Changes in accounting policies due to reasons other than above (a)		: No
(c) Changes in accounting estimates		: No
(d) Restatements		: No
(4) Number of shares issued (common stocks)

		As of June 30, 2023				As of March 31, 2023
(a) Number of shares issued (including treasury stocks)		1,337,051,194 shares			1,374,691,194 shares
(b) Number of treasury stocks		3,423,094 shares			30,070,650 shares
		Three months ended June 30, 2023				Three months ended June 30, 2022
(c) Average number of shares issued in the period		1,335,616,415 shares			1,370,881,291 shares

[Note on quarterly review process]

This report is out of the scope of the external auditor's review procedure.

This document contains "forward-looking statements" (as defined in the U.S. Private Securities Litigation Reform Act of 1995), regarding the intent, belief or current expectations of Sumitomo Mitsui Financial Group, Inc. ("the Company") and its management with respect to the Company's future financial condition and results of operations. In many cases but not all, these statements contain words such as "anticipate," "believe," "estimate," "expect," "intend," "may," "plan," "probability," "risk," "project," "should," "seek," "target," "will" and similar expressions. Such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and actual results may differ from those expressed in or implied by such forward-looking statements contained or deemed to be contained herein. The risks and uncertainties which may affect future performance include: deterioration of Japanese and global economic conditions and financial markets; declines in the value of the Company's securities portfolio; incurrence of significant credit-related costs; the Company's ability to successfully implement its business strategy through its subsidiaries, affiliates and alliance partners; and exposure to new risks as the Company expands the scope of its business. Given these and other risks and uncertainties, you should not place undue reliance on forward-looking statements, which speak only as of the date of this document. The Company undertakes no obligation to update or revise any forward-looking statements. Please refer to the Company's most recent disclosure documents such as its annual report on Form 20-F and other documents submitted to the U.S. Securities and Exchange Commission, as well as its earnings press releases, for a more detailed description of the risks and uncertainties that may affect its financial conditions, its operating results, and investors' decisions.

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Sumitomo Mitsui Financial Group, Inc.

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1.		Matters related to summary information (Notes)			2
	Application of special accounting methods used for preparing quarterly consolidated financial statements			2
2.		Consolidated financial statements			3
	(1) Consolidated balance sheets			3
	(2) Consolidated statements of income and consolidated statements of comprehensive income			4
	(3) Note on going concern			4
	(4) Material changes in stockholders' equity			4

Appendix: Financial results for the three months ended June 30, 2023 supplementary information

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Sumitomo Mitsui Financial Group, Inc.

1. Matters related to summary information (Notes)

Application of special accounting methods used for preparing quarterly consolidated financial statements

The Company and certain domestic consolidated subsidiaries calculated tax expenses by multiplying Income before income taxes by an effective tax rate that was reasonably estimated by applying tax effect accounting to estimated Income before income taxes for the fiscal year ending March 31, 2024 including the period for the three months ended June 30, 2023. Amounts of Income taxes include Income taxes-deferred.

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Sumitomo Mitsui Financial Group, Inc.

2. Consolidated financial statements

(1) Consolidated balance sheets

		Millions of yen
	March 31, 2023			June 30, 2023
Assets:
Cash and due from banks		¥	75,913,960			¥	76,733,528
Call loans and bills bought			5,684,812				7,789,075
Receivables under resale agreements			5,785,945				8,152,427
Receivables under securities borrowing transactions			5,576,612				5,518,587
Monetary claims bought			5,558,287				5,361,348
Trading assets			8,751,204				10,364,109
Money held in trust			12,957				13,157
Securities			33,213,165				33,787,972
Loans and bills discounted			98,404,137				101,282,112
Foreign exchanges			1,942,764				2,107,576
Lease receivables and investment assets			226,302				251,775
Other assets			13,243,899				16,139,376
Tangible fixed assets			1,494,527				1,503,111
Intangible fixed assets			897,848				924,581
Net defined benefit asset			704,654				716,342
Deferred tax assets			74,084				86,177
Customers' liabilities for acceptances and guarantees			13,693,771				14,666,286
Reserve for possible loan losses			(750,369)				(762,786)
Total assets		¥	270,428,564			¥	284,634,759
Liabilities:
Deposits		¥	158,770,253			¥	161,003,648
Negotiable certificates of deposit			13,025,555				14,060,196
Call money and bills sold			2,569,055				2,135,347
Payables under repurchase agreements			16,772,716				19,931,263
Payables under securities lending transactions			1,521,271				1,344,261
Commercial paper			2,349,956				2,005,546
Trading liabilities			8,066,745				9,866,513
Borrowed money			13,674,830				14,129,890
Foreign exchanges			1,465,847				1,740,216
Short-term bonds			424,000				630,500
Bonds			10,365,003				11,348,640
Due to trust account			2,413,464				2,408,719
Other liabilities			11,923,748				15,253,783
Reserve for employee bonuses			96,254				37,874
Reserve for executive bonuses			3,307				-
Net defined benefit liability			35,449				35,656
Reserve for executive retirement benefits			1,133				895
Reserve for point service program			28,659				29,503
Reserve for reimbursement of deposits			10,845				9,731
Reserve for losses on interest repayment			128,378				120,257
Reserves under the special laws			3,902				4,164
Deferred tax liabilities			265,354				415,525
Deferred tax liabilities for land revaluation			27,952				27,952
Acceptances and guarantees			13,693,771				14,666,286
Total liabilities			257,637,458				271,206,377
Net assets:
Capital stock			2,342,537				2,342,537
Capital surplus			694,052				694,060
Retained earnings			7,423,600				7,308,259
Treasury stock			(151,798)				(17,749)
Total stockholders' equity			10,308,391				10,327,108
Net unrealized gains (losses) on other securities			1,373,521				1,645,728
Net deferred gains (losses) on hedges			(13,293)				24,833
Land revaluation excess			35,005				35,056
Foreign currency translation adjustments			843,614				1,152,645
Accumulated remeasurements of defined benefit plans			133,226				128,424
Total accumulated other comprehensive income			2,372,074				2,986,689
Stock acquisition rights			1,145				1,044
Non-controlling interests			109,495				113,540
Total net assets			12,791,106				13,428,381
Total liabilities and net assets		¥	270,428,564			¥	284,634,759

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Sumitomo Mitsui Financial Group, Inc.

(2) Consolidated statements of income and consolidated statements of comprehensive income

(Consolidated statements of income)

		Millions of yen
Three months ended June 30		2022					2023
Ordinary income		¥	1,331,703				¥	2,273,292
Interest income			637,403					1,411,067
Interest on loans and discounts			441,177					869,210
Interest and dividends on securities			108,984					128,484
Trust fees			1,478					1,845
Fees and commissions			336,330					390,147
Trading income			4,543					122,789
Other operating income			255,237					265,156
Other income			96,710					82,286
Ordinary expenses			982,028					1,924,154
Interest expenses			205,653					990,570
Interest on deposits			63,559					383,413
Fees and commissions payments			56,222					60,279
Trading losses			90,643					195,454
Other operating expenses			85,556					69,312
General and administrative expenses			484,021					535,092
Other expenses			59,932					73,445
Ordinary profit			349,674					349,137
Extraordinary gains			10					11
Extraordinary losses			998					1,137
Income before income taxes			348,686					348,012
Income taxes			93,962					97,289
Profit			254,724					250,722
Profit attributable to non-controlling interests			2,284					2,705
Profit attributable to owners of parent		¥	252,439				¥	248,016
(Consolidated statements of comprehensive income)
		Millions of yen
Three months ended June 30		2022					2023
Profit		¥	254,724				¥	250,722
Other comprehensive income (losses)			136,901					617,485
Net unrealized gains (losses) on other securities			(365,102)					267,072
Net deferred gains (losses) on hedges			71,230					38,081
Foreign currency translation adjustments			393,295					302,972
Remeasurements of defined benefit plans			(5,525)					(4,818)
Share of other comprehensive income of affiliates			43,003					14,178
Total comprehensive income			391,625					868,208
Comprehensive income attributable to owners of parent			390,357					862,580
Comprehensive income attributable to non-controlling interests			1,268					5,627

(3) Note on going concern

Not applicable.

(4) Material changes in stockholders' equity

Not applicable.

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Sumitomo Mitsui Financial Group

Financial results

for the three months

ended June 30, 2023

- Supplementary information -

	Table of contents
1.		Operating results		Consolidated		Non-consolidated							1
2.		Interest spread (domestic)			Non-consolidated							3
3.		Non-performing loans (NPLs) based on the Banking Act and the Reconstruction Act		Consolidated		Non-consolidated							3
4.		Unrealized gains (losses) on securities		Consolidated		Non-consolidated							4
5.		Deposits and loans			Non-consolidated							5
6.		ROE		Consolidated								5

Notes

1. Consolidated : Consolidated figures of Sumitomo Mitsui Financial Group, Inc.

2. Non-consolidated : Non-consolidated figures of Sumitomo Mitsui Banking Corporation ("SMBC")

3. Capital ratio as of June 30, 2023 will be announced when it is fixed.

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Sumitomo Mitsui Financial Group

1. Operating results

Consolidated				(Millions of yen)
			Three months ended June 30, 2023 (A)		Change (A) - (B)			Three months ended June 30, 2022 (B)
Consolidated gross profit		1		875,389		78,472				796,917
		Net interest income		2		420,497		(11,253)				431,750
		Trust fees		3		1,845		367				1,478
		Net fees and commissions		4		329,867		49,760				280,107
		Net trading income		5		(72,664)		13,435				(86,099)
		Net other operating income		6		195,844		26,163				169,681
General and administrative expenses		7		(535,092)		(51,071)				(484,021)
Equity in gains (losses) of affiliates		8		16,870		(15,842)			32,712
Consolidated net business profit		9		357,167		11,558				345,609
Total credit cost		10		(43,949)		(11,848)				(32,101)
		Credit costs		11		(53,670)		(17,831)				(35,839)
			Write-off of loans		12		(46,541)		(19,643)				(26,898)
				Provision for reserve for possible loan losses		13		-		2,285				(2,285)
				Others		14		(7,128)		(474)				(6,654)
		Gains on reversal of reserve for possible loan losses		15		5,724		5,724				-
		Recoveries of written-off claims		16		3,996		259			3,737
Gains (losses) on stocks		17		41,247		4,412				36,835
Other income (expenses)		18		(5,328)		(4,659)				(669)
Ordinary profit		19		349,137		(537)				349,674
Extraordinary gains (losses)		20		(1,125)		(138)				(987)
		Gains (losses) on disposal of fixed assets		21		(231)		127				(358)
		Losses on impairment of fixed assets		22		(631)		(2)				(629)
Income before income taxes		23		348,012		(674)				348,686
Income taxes		24		(97,289)		(3,327)				(93,962)
Profit		25		250,722		(4,002)				254,724
Profit attributable to non-controlling interests		26		(2,705)		(421)				(2,284)
Profit attributable to owners of parent		27		248,016		(4,423)				252,439
Notes: 1.  Amounts less than 1 million yen are rounded down. Figures in parenthesis indicate the amount of loss or decrease.
2.   Consolidated gross profit = (Interest income - Interest expenses) + Trust fees + (Fees and commissions - Fees and commissions payments) + (Trading income - Trading losses) + (Other operating income - Other operating expenses) 3.   Amounts of Income taxes include Income taxes-deferred.
		Number of consolidated subsidiaries and affiliates
						June 30, 2023						March 31, 2023
				Change
		Consolidated subsidiaries		28		182		(2)				184
		Equity method affiliates		29		313		5				308

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Sumitomo Mitsui Financial Group

SMBC non-consolidated						(Millions of yen)
					Three months ended June 30, 2023 (A)		Change (A) - (B)			Three months ended June 30, 2022 (B)
Gross banking profit		1		423,261		(48,275)				471,536
		Net interest income		2		240,122		(88,908)				329,030
		Trust fees		3		784		272				512
		Net fees and commissions		4		110,597		6,885				103,712
		Net trading income		5		(133,692)		1,379				(135,071)
		Net other operating income		6		205,449		32,097				173,352
		Gains (losses) on bonds		7		(1,227)		31,890			(33,117)
Expenses (excluding non-recurring losses)		8		(242,572)		(20,876)				(221,696)
		Personnel expenses		9		(102,929)		(6,554)				(96,375)
		Non-personnel expenses		10		(123,105)		(13,118)				(109,987)
		Taxes		11		(16,537)		(1,204)				(15,333)
Banking profit (before provision for general reserve for possible loan losses)		12		180,688		(69,151)			249,839
Gains (losses) on bonds		13		(1,227)		31,890			(33,117)
		Core banking profit (12-13)		14		181,916		(101,041)				282,957
			excluding gains (losses) on cancellation of investment trusts		15		180,973		(72,760)				253,733
Provision for general reserve for possible loan losses		16		-		(13,587)				13,587
Banking profit		17		180,688		(82,738)				263,426
Non-recurring gains (losses)		18		43,429		27,216				16,213
		Credit costs		19		(13,114)		21,408				(34,522)
		Gains on reversal of reserve for possible loan losses		20		17,209		17,209				-
		Recoveries of written-off claims		21		0		(17)				17
		Gains (losses) on stocks		22		37,465		7,905				29,560
				Gains on sales of stocks		23		47,316		(211)				47,527
			Losses on sales of stocks		24		(1,122)		12,907				(14,029)
			Losses on devaluation of stocks		25		(8,727)		(4,790)				(3,937)
		Other non-recurring gains (losses)		26		1,868		(19,290)				21,158
Ordinary profit		27		224,118		(55,522)				279,640
Extraordinary gains (losses)		28		(708)		(303)				(405)
		Gains (losses) on disposal of fixed assets		29		(141)		79				(220)
		Losses on impairment of fixed assets		30		(566)		(381)				(185)
Income before income taxes		31		223,410		(55,824)				279,234
Income taxes		32		(59,736)		10,574				(70,310)
Net income		33		163,673		(45,251)				208,924
Total credit cost (16+19+20+21)		34		4,095		25,013				(20,918)
		Provision for general reserve for possible loan losses		35		15,559		1,972				13,587
		Write-off of loans		36		(12,531)		(8,629)				(3,902)
		Provision for specific reserve for possible loan losses		37		1,811		31,379				(29,568)
		Losses on sales of delinquent loans		38		(582)		41				(623)
		Provision for loan loss reserve for specific overseas countries		39		(161)		267				(428)
		Recoveries of written-off claims		40		0		(17)				17

Notes:		1. Amounts less than 1 million yen are rounded down. Figures in parenthesis indicate the amount of loss or decrease.
	2. Amounts of Income taxes include Income taxes-deferred.

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Sumitomo Mitsui Financial Group

2. Interest spread (domestic)

SMBC non-consolidated									(%)
			Three months ended June 30, 2023 (A)						Three months ended June 30, 2022 (B)
			Change (A) - (B)
Interest earned on loans and bills discounted (a)				0.82		(0.01)				0.83
Interest paid on deposits, etc. (b)				0.00		(0.00)				0.00
Interest spread (a) - (b)				0.82		(0.01)				0.83
Reference: After excluding loans to the Japanese government, etc.
Interest earned on loans and bills discounted (c)				0.84		(0.01)				0.85
Interest spread (c) - (b)				0.84		(0.01)				0.85

3. Non-performing loans (NPLs) based on the Banking Act and the Reconstruction Act

Consolidated					(Billions of yen)
								June 30, 2023						March 31, 2023
					Change from March 31, 2023
		Bankrupt and quasi-bankrupt loans		1		90.3		(2.7)				92.9
		Doubtful loans		2		516.0		21.8				494.2
		Substandard loans		3		339.6		(1.2)				340.7
				Past due loans (3 months or more)		4		30.8		10.8				19.9
		Restructured loans		5		308.8		(12.0)				320.8
		Total (A)		6		945.8		18.0				927.8
		Normal assets		7		119,199.9		4,060.6				115,139.3
		Grand total (B)		8		120,145.8		4,078.7				116,067.1
							(%)
		NPL ratio (A/B)		9		0.79		(0.01)				0.80
	Amount of direct reduction			181.1		19.6			161.5
SMBC non-consolidated					(Billions of yen)
								June 30, 2023						March 31, 2023
					Change from March 31, 2023
		Bankrupt and quasi-bankrupt loans		10		72.1		(3.4)				75.5
		Doubtful loans		11		387.1		11.3				375.8
		Substandard loans		12		140.2		4.9				135.2
				Past due loans (3 months or more)		13		3.6		(1.8)				5.4
		Restructured loans		14		136.5		6.7				129.9
		Total (A)		15		599.4		12.8				586.6
		Normal assets		16		115,808.1		3,275.3				112,532.9
		Grand total (B)		17		116,407.5		3,288.1				113,119.4
							(%)
		NPL ratio (A/B)		18		0.51		(0.01)				0.52
	Amount of direct reduction			137.3		14.3			123.0

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Sumitomo Mitsui Financial Group

4. Unrealized gains (losses) on securities

Consolidated											(Billions of yen)
												June 30, 2023			March 31, 2023
						Balance sheet amount			Net unrealized gains (losses)							Balance sheet amount				Net unrealized gains (losses)
						Change from March 31, 2023			Gains			Losses
		Held-to-maturity securities			1			199.8			0.1		0.5			0.5			0.3			165.6			(0.4)
		Other securities			2			32,952.3			2,301.0		385.9			3,320.7			1,019.7			32,465.0				1,915.1
			Stocks			3			3,729.0			2,348.9		404.1			2,364.9			16.0			3,345.4				1,944.8
			Bonds			4			11,840.6			(51.9)		12.3			13.5			65.4			13,177.5				(64.2)
				Japanese government bonds			5			8,324.6			(30.6)		5.8			1.5			32.2			9,576.3				(36.4)
			Others			6			17,382.7			4.1		(30.5)			942.3			938.2			15,942.1				34.6
						Foreign bonds			7			14,296.2			(873.2)		(175.9)			26.0			899.2			13,081.5				(697.3)
		Other money held in trust			8			0.3			-		-			-			-			0.3				-
		Total			9			33,152.4			2,301.2		386.4			3,321.2			1,020.0			32,630.9				1,914.8
				Stocks			10			3,729.0			2,348.9		404.1			2,364.9			16.0			3,345.4				1,944.8
				Bonds			11			12,040.4			(51.8)		12.8			13.9			65.7			13,343.1				(64.6)
						Others			12			17,383.0				4.1		(30.5)			942.3			938.2			15,942.4					34.6
SMBC non-consolidated								(Billions of yen)
												June 30, 2023			March 31, 2023
						Balance sheet amount			Net unrealized gains (losses)							Balance sheet amount				Net unrealized gains (losses)
						Change from March 31, 2023			Gains			Losses
		Held-to-maturity securities			13			22.3		(0.3)		0.1			-			0.3			22.3			(0.4)
		Stocks of subsidiaries and affiliates			14			4,591.3			5.1		17.4			5.1			-			4,581.9				(12.3)
		Other securities			15			28,410.3			1,743.8		320.6			2,643.8			899.9			28,309.7				1,423.2
			Stocks			16			3,432.8			2,263.5		381.8			2,272.3			8.8			3,062.1				1,881.7
			Bonds			17			12,021.0			(50.3)		12.1			13.5			63.8			13,346.0				(62.4)
				Japanese government bonds			18			8,324.6			(30.6)		5.8			1.5			32.2			9,576.3				(36.4)
			Others			19			12,956.5			(469.3)		(73.1)			358.0			827.3			11,901.6				(396.2)
				Foreign bonds			20			10,658.4			(762.5)		(145.4)			26.1			788.6			9,709.4				(617.1)
		Total			21			33,023.9			1,748.6		338.2			2,648.9			900.2			32,914.0				1,410.4
				Stocks			22			3,729.1			2,264.1		381.8			2,272.9			8.8			3,358.9				1,882.3
				Bonds			23			12,043.3			(50.6)		12.2			13.5			64.1			13,368.3				(62.8)
						Others			24			17,251.5				(464.8)		(55.7)			362.5			827.3			16,186.8					(409.1)

Notes:		1.		The figures above include negotiable certificates of deposit in "Cash and due from banks" and beneficiary claims on loan trust in "Monetary claims bought."
	2.		The net unrealized gains (losses) are measured based on market prices of the securities as of the balance sheet date.
	3.		Other securities and Other money held in trust are measured at market prices. Unrealized gains (losses) indicate the difference between the acquisition costs (or amortized costs) and the balance sheet amounts.

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Table of Contents

Sumitomo Mitsui Financial Group

5. Deposits and loans

SMBC non-consolidated						(Billions of yen)
		June 30, 2023						March 31, 2023
		Change from March 31, 2023
Domestic deposits		123,907.8		935.6				122,972.2
		Individual		58,946.5		1,059.4				57,887.0
Note : The figures above exclude negotiable certificates of deposit and Japan offshore banking accounts.
Loans and bills discounted		96,207.0		1,899.6				94,307.4
		Domestic offices (excluding offshore banking accounts)		60,963.0		(124.5)				61,087.5
		Overseas offices and offshore banking accounts		35,244.0		2,024.1				33,219.9
6. ROE
Consolidated								(%)
		Three months ended June 30, 2023						Three months ended June 30, 2022
		Change
ROE (denominator: Total stockholders' equity)		9.6		(0.5)				10.1

Note:
		(Profit attributable to owners of parent) X (Number of days in a year (365 days)) /
ROE		=		(Number of days in the period (91 days))		X 100
	{(Total stockholders' equity at the beginning of the period) + (Total stockholders' equity at the end of the period)} / 2

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