IFRS Reference Quarterly Consolidated Financial Statements

Transcription

1 Quarterly Consolidated Financial Statements For the 6 months ended September 30, 2015 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 Quarterly Consolidated Financial Statements Quarterly Consolidated Statement of Profit or Loss...3 Quarterly Consolidated Statement of Comprehensive Income...4 Quarterly Consolidated Statements of Financial Position...5 Other Information...6 2

3 Quarterly Consolidated Financial Statements Quarterly Consolidated Statement of Profit or Loss Operating revenue: FY2015(2Q) Commission received 156,502 Net gain on trading 68,269 Net gain (loss) on operational investment securities (3,721) Financial revenue 73,056 Other operating revenue 12,292 Total operating revenue 306,398 Financial expenses (32,776) Other operating expenses (16,647) Net operating revenue 256,975 Selling, general and administrative expenses (187,144) Other profits and losses 36,638 Share of net profit from investments accounted for using equity method 4,958 Quarterly profit before income tax 111,427 Income tax expenses (49,332) Quarterly net profit 62,095 Quarterly net profit attribute to: Owners of the parent 60,630 Non-controlling interests 1,465 Quarterly earnings per share Attribute to owners of the parent: (Unit:Yen) FY2015(2Q) Basic Diluted

4 Quarterly Consolidated Statement of Comprehensive Income FY2015(2Q) Quarterly net profit 62,095 Other comprehensive income: Items that may be reclassified subsequently to profit or loss: Exchange differences on translating foreign operations (299) Cash-flow hedge reserves 73 Share of other comprehensive income of investments accounted for using equity method (134) Financial assets measured at FVTOCI (8,476) Items that will not be reclassified to profit or loss: Designated financial assets measured at FVTOCI (2,645) Designated financial liabilities measured at FVTPL 1,097 Other comprehensive income (10,384) Quarterly comprehensive income 51,711 Quarterly comprehensive income attribute to: Owners of the parent 50,269 Non-controlling interests 1,442 4

5 Quarterly Consolidated Statements of Financial Position Assets: FY2014 FY2015(2Q) March 31, 2015 September 30, 2015 Cash and bank deposits 2,921,844 3,184,118 Trading securities and other 5,192,464 5,315,704 Derivative assets 2,900,579 2,608,014 Loans secured by securities 6,428,165 7,222,902 Loans and trade receivables 4,589,201 4,134,054 Operational investment securities 98,064 87,122 Other investments 2,648,666 2,224,341 Other financial assets 642, ,567 Designated financial assets measured at FVTOCI 219, ,773 Equity method investments 133, ,004 Property and equipment 124, ,827 Investment property 336,959 - Intangible assets 78,065 80,593 Other assets 23,673 18,827 Current tax assets 39,109 2,490 Deferred tax assets 16,018 6,405 Total assets 26,392,354 26,132,741 Liabilities: Trading securities and other 3,374,209 3,431,532 Derivative liabilities 2,421,058 2,171,111 Loans payable secured by securities 7,253,155 7,810,881 Trade payables 4,349,375 3,688,098 Deposits for banking business 2,841,398 3,060,910 Deposits from customers 181, ,264 Borrowings 2,346,160 2,227,615 Bonds and notes 1,439,400 1,374,708 Other financial liabilities 640, ,223 Provisions 4,575 4,625 Net defined benefit liabilities 36,238 37,375 Other liabilities 57,223 48,295 Current tax liabilities 13,805 32,638 Deferred tax liabilities 56,160 50,100 Total liabilities 25,014,963 24,831,375 Equity: Common stock 247, ,397 Additional paid-in-capital 234, ,400 Retained earnings 623, ,748 Treasury stock (15,771) (11,631) Other components of equity 175, ,130 Equity attribute to owners of the parent 1,265,055 1,297,044 Non-controlling interests 112,336 4,322 Total equity 1,377,391 1,301,366 Total liabilities and equity 26,392,354 26,132,741 5

6 Other Information (1)Basis of preparation Daiwa Securities Group Inc. (the Company ) presents the accompanying quarterly 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 quarterly consolidated financial statements comprise quarterly consolidated statement of profit or loss, quarterly consolidated statement of comprehensive income and quarterly consolidated statement of financial position for the 6 months ended September 30, 2015(2nd Quarter of FY2015), and are not complete set of interim consolidated financial statements required by IAS34 Interim Financial Reporting. In addition, neither external audit nor review by independent auditors has been conducted. The accompanying quarterly financial statements have been prepared in accordance to the Company s accounting policies identical to the IFRS-based consolidated financial statements for the period ended March 31, 2015 ( FY2014 ). The accompanying quarterly 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)Changes of the scope of consolidation(cumulative period of the 6 months) Increase:N/A, Decrease:1 Entity (Daiwa Office Investment Corporation) (3)Changes in accounting policies, accounting estimates and errors N/A (4)Quarterly transition of Consolidated Statements of Profit or Loss and Other Comprehensive Income Consolidated Statements of Profit or Loss (Quarterly): Operating revenue: FY2015 1Q 2Q (2015/4/1- (2015/7/1-2015/6/30) 2015/9/30) Commission received 80,042 76,460 Net gain on trading 47,227 21,042 Net gain (loss) on operational investment securities 1,850 (5,571) Financial revenue 40,757 32,299 Other operating revenue 11, Total operating revenue 181, ,845 Financial expenses (16,657) (16,119) Other operating expenses (9,155) (7,492) Net operating revenue 155, ,234 Selling, general and administrative expenses (95,675) (91,469) Other profits and losses 35,554 1,084 Share of net profit from investments accounted for using equity method 2,913 2,045 Quarterly profit before income tax 98,533 12,894 Income tax expenses (44,177) (5,155) Quarterly net profit 54,356 7,739 Quarterly net profit attribute to: Owners of the parent 52,909 7,721 Non-controlling interests 1,

7 Consolidated Statements of Comprehensive Income (Quarterly): FY2015 1Q (2015/4/1-2015/6/30) 2Q (2015/7/1-2015/9/30) Quarterly net profit 54,356 7,739 Other comprehensive income: Items that may be reclassified subsequently to profit or loss: Exchange differences on translating foreign operations 12,998 (13,297) Cash-flow hedge reserves 73 - Share of other comprehensive income of investments accounted for using equity method - (134) Financial assets measured at FVTOCI (3,069) (5,407) Items that will not be reclassified to profit or loss: Designated financial assets measured at FVTOCI 11,703 (14,348) Designated financial liabilities measured at FVTPL 24 1,073 Other comprehensive income 21,729 (32,113) Quarterly comprehensive income 76,085 (24,374) Quarterly comprehensive income attribute to: Owners of the parent 74,487 (24,218) Non-controlling interests 1,598 (156) 7