Consolidated Statements of Changes in Net Assets Toagosei Co., Ltd. and Consolidated Subsidiaries Millions of yen Thousands of U.S. dollars (Note 6) Years ended December 31, 2012 2011 2012 Accumulated other comprehensive income Unrealized holding gain on available-for-sale securities Balance at beginning of the year .................................................................................................................... \ 1,166 \ 1,499 $ 13,473 Changes during the year: Net changes in items other than shareholders’ equity .............................................................. 245 (332) 2,835 Total changes during the year................................................................................................................... 245 (332) 2,835 Balance at end of the year .................................................................................................................................. \ 1,412 \ 1,166 $ 16,309 Translation adjustments Balance at beginning of the year .................................................................................................................... \ (1,678) \ (1,367) $ (19,385) Changes during the year: Net changes in items other than shareholders’ equity .............................................................. 956 (310) 11,044 Total changes during the year................................................................................................................... 956 (310) 11,044 Balance at end of the year .................................................................................................................................. \ (722) \ (1,678) $ (8,340) Total accumulated other comprehensive income Balance at beginning of the year .................................................................................................................... \ (511) \ 131 $ (5,911) Changes during the year: Net changes in items other than shareholders’ equity .............................................................. 1,201 (643) 13,880 Total changes during the year................................................................................................................... 1,201 (643) 13,880 Balance at end of the year .................................................................................................................................. \ 689 \ (511) $ 7,969 Minority interests Balance at beginning of the year .................................................................................................................... \ 3,950 \ 14,743 $ 45,623 Changes during the year: Net changes in items other than shareholders’ equity .............................................................. 216 (10,793) 2,504 Total changes during the year................................................................................................................... 216 (10,793) 2,504 Balance at end of the year .................................................................................................................................. \ 4,166 \ 3,950 $ 48,127 Total net assets Balance at beginning of the year .................................................................................................................... \127,776 \125,027 $1,475,818 Effect of changes in accounting policies applied to foreign equity method company ... . (765) . Changes during the year: Cash dividends ................................................................................................................................................... (2,636) (2,608) (30,453) Net income ........................................................................................................................................................... 9,699 13,000 112,031 Purchase of treasury stock ........................................................................................................................... (22) (3,315) (257) Gain on sales of treasury stock .................................................................................................................. 5 9 59 Changes of share exchanges ..................................................................................................................... . 7,866 . Net changes in items other than shareholders’ equity .............................................................. 1,418 (11,437) 16,384 Total changes during the year................................................................................................................... 8,464 3,514 97,764 Balance at end of the year .................................................................................................................................. \136,240 \127,776 $1,573,583 36 Annual Report 2012