Consolidated Statements of Changes in Net Assets Toagosei Co., Ltd. and Consolidated Subsidiaries Millions of yen Shareholders’ equity Year ended December 31, 2013 Common stock Capital surplus Retained earnings Treasury stock Total shareholders’ equity Balance at beginning of the year................ \20,886 \16,796 \ 93,821 \(120) \131,384 Changes during the year: Cash dividends................................................. (2,635) (2,635) Net income........................................................ 9,605 9,605 Purchase of treasury stock........................ (63) (63) Gain on sales of treasury stock............... 1 5 6 Net changes in items other than shareholders’ equity................................... Total changes during the year...................... . 1 6,969 (57) 6,912 Balance at end of the year............................... \20,886 \16,798 \100,790 \(178) \138,296 Millions of yen Accumulated other comprehensive income Year ended December 31, 2013 Unrealized holding gain on available-for-sale securities Translation adjustments Total accumulated other comprehensive income Minority interests Total net assets Balance at beginning of the year................ \1,412 \ (722) \ 689 \4,166 \136,240 Changes during the year: Cash dividends................................................. (2,635) Net income........................................................ 9,605 Purchase of treasury stock........................ (63) Gain on sales of treasury stock............... 6 Net changes in items other than shareholders’ equity................................... 3,012 1,723 4,735 259 4,994 Total changes during the year...................... 3,012 1,723 4,735 259 11,907 Balance at end of the year............................... \4,424 \1,000 \5,425 \4,426 \148,148 Thousands of U.S. dollars (Note 4) Shareholders’ equity Year ended December 31, 2013 Common stock Capital surplus Retained earnings Treasury stock Total shareholders’ equity Balance at beginning of the year................ $198,182 $159,378 $890,227 $(1,142) $1,246,646 Changes during the year: Cash dividends................................................. (25,011) (25,011) Net income........................................................ 91,138 91,138 Purchase of treasury stock........................ (599) (599) Gain on sales of treasury stock............... 13 50 63 Net changes in items other than shareholders’ equity................................... Total changes during the year...................... . 13 66,126 (548) 65,591 Balance at end of the year............................... $198,182 $159,392 $956,354 $(1,690) $1,312,237 Thousands of U.S. dollars (Note 4) Accumulated other comprehensive income Year ended December 31, 2013 Unrealized holding gain on available-for-sale securities Translation adjustments Total accumulated other comprehensive income Minority interests Total net assets Balance at beginning of the year................ $13,398 $ (6,851) $ 6,546 $39,537 $1,292,730 Changes during the year: Cash dividends................................................. (25,011) Net income........................................................ 91,138 Purchase of treasury stock........................ (599) Gain on sales of treasury stock............... 63 Net changes in items other than shareholders’ equity................................... 28,582 16,348 44,931 2,462 47,393 Total changes during the year...................... 28,582 16,348 44,931 2,462 112,985 Balance at end of the year............................... $41,980 $ 9,497 $51,477 $42,000 $1,405,715 Toagosei Co., Ltd. 35