AIZAWA SECURITIES GROUP CO., LTD.

Consolidated Financial Summary under Japanese GAAPFor the three months ended June 30, 2022
July 29, 2022
Company Name
Listed Stock Exchange
Securities Code
URL
Representative
Contact Person

AIZAWA SECURITIES GROUP CO., LTD.
Tokyo Stock Exchange
8708
https://www.aizawa-group.jp
Takuya Aizawa, President & CEO
Kazuhiro Mashiba, Director & CFO

Scheduled date of filing quarterly report
Scheduled date of dividend payment
Supporting explanatory documents on financial results
Briefing on financial results

August 05, 2022
N.A
YES
NO
(All figures are rounded off to the nearest million)

1. Consolidated financial summary (From April 1, 2022 to June 30, 2022)(1) Consolidated business results(% represents year-on-year change)

OperatingrevenueThree months ended June 30, 2022
Three months ended June 30, 2021

Net operating
revenuemillion yen

％

2,746
3,657

△24.9
2.4

Note: Comprehensive income

Operatingprofit％Profit attributable toowners of parent％

million yen％―△1,028 ―△753
1,155 227.4△195 ―
Three months ended June 30, 2022: △761 million yen

△897
949

―
34.2

million yen％

Ordinary
profitmillion yen

million yen

2,676 △26.2
3,625
2.3

Three months ended June 30, 2021: 1,416 million yen

Earnings per share

Diluted earnings per share

yen

yen

Three months ended June 30, 2022

△23.27―

Three months ended June 30, 2021

23.83

―

Note: We have introduced ESOP, and average number of company’s share bought under this program for the period under review are being
accounted under company’s own treasury shares.

(2) Consolidated financial position
Total assets

As of June 30, 2022
Fiscal year ended March 31, 2022
Note: Shareholders' equity
As of June 30, 2022: 54,057 million yen

Net assets

Shareholders'equity ratio

Net assets
per share

million yen

million yen％

yen

101,564
104,723

56,371
58,02953.2
53.2

1,406.69
1,440.62

As of March 31, 2022: 55,712 million yen

AIZAWA SECURITIES GROUP CO., LTD.

2．Dividends
Dividend per share
End of 1Q

Fiscal year ended 2022
Fiscal year ending 2023
Fiscal year ending 2023 (Forecast)End of 2Q

yen――

End of 3Q

End of 4Q

Annual Total

yen
13.00

yen
―

yen
15.00

yen
28.00

―

―

―

―

3. Earning forecast for the fiscal year ending March 31, 2022 (Consolidated)
The Group operates principally in the financial securities business, and its operating results are likely to be affectedby economic and market fluctuations. Due to such nature of its business and consequential difficulty in predicting its
performance, the group does not disclose the forecast of operating results. Such forecasts may mislead the investors.
Instead of it, as we finalize the financial results, we release the preliminary numbers for the quarterly and yearly
results.
※Notes(1) Important changes in subsidiaries during the term
(Changes pursuant to the subsidiaries that lead to a change in the scope of consolidation)
New: 1 (Ariake Secondary Fund Ⅲ LP)
Exclusion: None
(2) Accounting treatments specific to quarterly financial statements

YES

NO

(3) Changes in accounting policies, changes in accounting estimates and retrospective restatements
YES1) Changes in accounting policies based on revisions of accounting standard
NO2) Changes in accounting policies other than item 1)above
NO3) Change in accounting estimatesNO4) Retrospective restatements※Please refer to (Change in accounting policy) on page 8 for details(4) Number of issued shares (Common stock)1) Number of shares issued at the end of the term including treasury shares
As of June 30, 2022: 47,525,649 shares
As of March 31, 2022: 47,525,649 shares
2) Number of treasury shares at the end of the term
As of June 30, 2022: 9,096,310 shares
As of March 31, 2022: 8,853,110 shares
3) Average number of shares outstanding (Cumulative)
As of June 30, 2022: 38,550,387 shares
As of June 30, 2021: 39,836,508 shares※ This quarterly financial summary is not subject to quarterly review procedures by certified public accountants
or audit corporations.
※ Explanation on forecasts
The group operates principally in the financial securities business, and its operating results are likely to be affectedby market fluctuations. Due to such nature of its business and difficulty in predicting its performance, group does
not forecast on business results and dividends. At the end of the term, we release the preliminary numbers, as we
finalize the financial results.

AIZAWA SECURITIES GROUP CO., LTD.

Supporting Materials: Table of contents
1. Qualitative information for the three months ended June 30, 2022
(1) Explanation of management and business results ····································································· 1(2) Explanation of the financial results ····················································································· 3(3) Explanation on the forecast of consolidated business results ······················································· 3
2.

Financial statements and major notes(1) Consolidated balance sheets ······························································································ 4(2) Consolidated statements of income and comprehensive income statement ········································ 6(3) Notes on quarterly consolidated financial statements ································································· 8(Notes on going concern assumption) ··················································································· 8(Notes on material changes in shareholders' equity) ·································································· 8(Change in accounting policy) ··························································································· 8(Additional information) ·································································································· 8(Business combination events) ··························································································· 8(Important subsequent events) ··························································································· 93.

Supplementary information
Consolidated business results for the three months ended June 30, 2022
(1) Commission received ···································································································· 10(2) Net trading income ······································································································· 10(3) Comparative quarterly consolidated statements of income ························································ 11

AIZAWA SECURITIES GROUP CO., LTD.

1. Qualitative information for the three months ended June 30, 2022
(1) Explanation of management & business results

For the reporting period, global equity markets was in midst of strong and weak sentiments. Global equity
markets were confronted with a number of problems, including the chaotic situation in Ukraine, global
inflation, and rising interest rates. On the other hand, there were also positive signs of moves toward thepartial abolition of the mask requirement and the resumption of factory operations.
U.S. stock market started the year on a soft note due to a rising trend in interest rates on the back of global
inflation concerns and the prolonged turmoil situation in the Ukraine. The U.S. stock market subsequently
showed positive movement led by expectations from monetary policy, solid economic indicators, andfavorable corporate earnings. However, the S&P Index declined from 4,530.41 points as on March 31 to
3,785.38 points as on June 30.
Japan stock market was weak due to the decline in the U.S. stock market. The yen weakened against the
U.S. dollar and closed around 135 Yen (I USD=135 JPY) for the first time in 24 years (since 1998) as the
Bank of Japan's policy remained unchanged amid the widening Japan-U.S. interest rate gap. Nikkei 225
average closed at 26,393.04 yen at the end of June, reflecting continued high volatility in the stock market
amid strong selling pressure on the rebound.
In Asia, China stock market, which had fallen sharply due to the lockdown caused by the spread of the
COVID-19, began to recover on expectations of government economic measures and an easing of thetightening of restrictions on technology companies, in addition to expectations for consumption following
the lifting of restrictions on activity. On the other hand, the Vietnam stock market, which had been strong
since last year, fell sharply due to concerns over inflation and interest rate hikes, as well as credit concerns
over corporate scandals.
In Japan, although people are still required to wear masks, the number of people infected with the
COVID-19 remained low. The life started returning back as the entry restrictions for restaurants andvarious facilities were eased.
Under such conditions, group is working with the management philosophy of "Making life better throughsecurities investment" to provide the asset building services in line with the best client satisfaction.
The group is taking measures to prevent the spread of COVID-19. All clients and staff are required tomake prior appointments for face to face meeting and everyone is obliged to wear the mask. With suchmeasures company is still trying to maintain the required minimal face interaction with clients. Group has
also introduced the work from home, shift duties trying to make a hybrid work environment; a movetowards better work life balance while preventing the spread of COVID-19.
The Group has created a new three-year medium-term management plan (April 2022 - March 2025), withmission of "Define Next 100 years – More and more for clients". In order to further accelerate our efforts
to establish an asset-building business, this new medium-term management plan is will implement thefollowing five principles; "thoroughly client-oriented," "shift from brokerage business to asset formation
business," "expansion of platform business," "Strengthening of group synergies," and "Aiming to realize
sustainable future.
Aizawa Asset Management Co., Ltd., which operates the group’s asset management business, hasestablished Ariake Secondary Fund III LP, its third secondary investment fund. The fund will acquiredomestic and foreign illiquid assets such as private equity funds (PE funds) and venture capital funds (VC
funds) owned by domestic investors, less liquid private equity owned by funds, and make co-investmentswith other domestic investment funds. AIZAWA Investments Co., ltd., a subsidiary of the group thatengages in the investment business, has invested in the fundIn the financial investment securities business, AIZAWA SECURITIES CO., LTD. signed a client referralagreement with Kamakura Shinsho Co. Ltd. Both company share the similarity of primarily targeting
senior citizens. AIZAWA SECURITIES CO., LTD will be able to offer late life stage related services not
only as an expansion of its services to clients, but also as something more meaningful from the client's
perspective.
1

AIZAWA SECURITIES GROUP CO., LTD.

The Group will continue to strive to become a financial group by leveraging the strengths of eachsubsidiary and working collectively with each other.
For the three months ended June 30, 2022, break-down of business results are as follow;(Percentage indicates a year-on-year change. The same shall apply hereinafter in this section)（Commission received）
Total commissions received declined by 16.1% to 2,010 million yen, due to decline in the trading of stocks.
（Net trading income）
Net trading income declined by 49.7% to 560 million yen, due to decline in the OTC trading of foreign stocks.
（Net financial income）
Net financial income declined by 12.2% to 75 million yen. Under this category, income declined by 8.9% to 93
million yen and expenses increased by 8.4% to 17 million yen.
（Other operating revenue and expenses）
Other operating revenues increased by 86.2% to 81 million yen, due to increase real estate rental income. Other
operating expenses increased by 232.5% to 51 million yen, due to increase the cost of real estate.
（Selling, general and administrative expenses）
Selling, general and administrative expenses declined by 3.1% to 3,705 million yen due to decline in real estate
expenses.
（Non-operating profit and losses）
Non-operating profit declined by 79.7% to 274 million yen. Under this category, income were 281 million yen
including the dividend income of 240 million yen. While expenses under this category were 6 million yen
including the interest expenses of 4 million yen.
（Extraordinary profit and losses）
Total extraordinary losses was 24 million yen. Under this category, income were 259 million yen due to the gainfrom sale on investment securities. While losses were 283 million yen including the 277 million yen loss on
valuation of investment securities.
With above factors, for the reporting period, operating revenue declined by 24.9% to 2,746 million yen;operating losses was 1,028 million yen; ordinary losses were 753 million yen; and loss attributable to owners ofparent was 897 million yen.

2

AIZAWA SECURITIES GROUP CO., LTD.

(2) Explanation of the financial results(All comparisons in this section (3) are with the end of previous consolidated fiscal year)(Assets)
As of at the end of the period under review, total assets was 101,564 million yen, a decline of 3,158 million yen.
This was mainly due to decline of 1,598 million yen in cash and deposits; and decline of 1,975 million yen in
cash segregated as deposits.
(Liabilities)
As of at the end of the period under review, total liabilities was 45,193 million yen, a decline of 1,500 million
yen. This was due to increase of 1,292 million yen in margin transaction liabilities and decline of 3,140 million
yen in loan payable secured by securities. .
(Net assets)
As for the period under review, total net assets declined by 1,658 million to 56,371 million yen. This was
mainly due to decline 1,484 million yen in retained earnings.
(3) Explanation on the forecast of consolidated business results

The group operates principally in the financial securities and investments business. In this industry, there exist
uncertainties due to, but not limited, economic and market conditions. Any forecast based on uncertain
situations can mislead the investors.
Group tries to monitor and calculate such market risks and its effects on the business results. Due to suchnature of its business and consequential difficulty in predicting its performance, the group does not disclose theforecast of business results. Instead of it, as we finalize the financial results, we release the preliminary
numbers for the quarterly and yearly results.

3

AIZAWA SECURITIES GROUP CO., LTD.

2. Financial statements and major notes(1) Consolidated balance sheets(million yen)

As ofMarch 31,
2022

As of
June 30,
2022

AssetsCurrent assets
Cash and deposit
Cash segregated as deposits
Cash segregated as deposits for customers
Other deposits
Operational investment securities
Trading products
Trading securities and otherTrade date accrual
Margin transaction assets
Loans on margin transactions
Cash collateral pledged for securities borrowing on margin transactions
Advances paid
Advances paid to customers
Other advance payments
Other current assets
Total current assets
Non-current assets
Property, plant and equipment
Intangible assets
Goodwill
OthersInvestments and other assets
Investment securities
Net defined benefit asset
OthersAllowance for doubtful accounts
Total non-current assets
Deferred assets
Deferred organization expenses
Business commencement expenses
Total deferred assets
Total assets

4

19,12623,41923,418
0
8,601
361
361
776
15,81015,528
281
176
174
2
1,215
69,48817,527
21,444
21,443
0
8,904
220
220
1,218
16,941
16,833
108
92
89
3
1,185
67,534

8,160
241
182
58
26,815
24,7911,067
959△335,217

8,105
207
154
53
25,701
23,527
1,090
1,086
△3
34,0141
16
17
104,7231
14
16
101,564AIZAWA SECURITIES GROUP CO., LTD.

(million yen)

Liabilities
Current liabilities
Trading products
Trading securities and other
Derivatives trading
Margin transaction liabilities
Borrowings on margin transactions
Cash received for securities lending on margin transactions
Loans payable secured by securities
Cash received on debt credit transaction of securities
Deposits received
Deposits from customers
Other deposits
Guarantee deposits received
Short-term loans payable
Income taxes payable
Provision for bonuses
Provision for director bonuses
Other current liabilities
Total current liabilities
Non-current liabilities
Long-term borrowings
Deferred tax liabilities
Provision for share based remuneration
Other non-current liabilities
Total non-current liabilities
Reserves under special laws
Reserve for financial instruments transaction liabilities
Total reserves under special laws
Total liabilities
Net assets
Shareholders' equity
Capital stock
Capital surplus
Retained earnings
Treasury shares
Total shareholders' equity
Accumulated other comprehensive income
Valuation difference on available-for-sale securities
Foreign currency translation reserve
Remeasurements of defined benefit plans
Total accumulated other comprehensive income
Non-controlling interests
Total net assets
Total liabilities and net assets

5

As of
March 31,
2022

As of
June 30,
2022

117
117
0
1,791
1,115
675
4,800
4,800
20,51418,088
2,425
4,937
3,795
1,212
423
27
819
38,440

332
332
―
3,083
2,666
417
1,659
1,659
20,725
16,210
4,515
5,412
3,795
79
225
―
993
36,307

3,036
4,553
226
290
8,107

3,656
4,554
240
288
8,739

146
146
46,693146
146
45,1938,000
8,122
36,922△4,79048,2548,000
8,122
35,438△4,956
46,604

7,391
85
△19
7,457
2,317
58,029104,723

7,280
191
△19
7,453
2,313
56,371
101,564AIZAWA SECURITIES GROUP CO., LTD.

(2) Consolidated statements of income and comprehensive income statement
Consolidated statements of income (For the three months ended June 30, 2022)(million yen)

Operating revenue
Commission received
Net trading income
Financial revenue
OthersTotal operating revenue
Financial expenses
Other operating expenses
Net operating revenue
Selling, general and administrative expenses
Trading related expenses
Personnel expenses
Real estate expenses
Office expenses
Depreciation
Taxes and dues
Provision of allowance for doubtful accounts
OthersTotal selling, general and administrative expenses
Operating profit/loss(△)
Non-operating income
Dividend income
Profit distributions
Gain on investments in partnership
OthersTotal non-operating income
Non-operating expenses
Interest expenses
Amortization of deffered assets
Loss on investments in partnership
Cancellation penalty
Settlement expenses
Commission for purchase of treasury shares
OthersTotal non-operating expenses
Ordinary profit /loss(△)
Extraordinary income
Gain on sales of non-current assets
Reversal of reserve for financial instruments transaction liabilities
Total extraordinary income
Extraordinary losses
Loss on sales of non-current assets
Loss on sales of investment securities
Loss on settlement of investment securities
Loss on valuation of investment securities
Impairment loss
Total extraordinary losses
Profit/loss(△) before income taxes
Income taxes – current
Income taxes – deferred
Total income taxes
Profit /loss(△)
Profit//loss(△) attributable to non-controlling owners
Profit/loss(△) attributable to owners of parent

6

Three months ended
June 30, 2021

Three months ended
June 30, 2022

2,395
1,115
103
43
3,657
16
15
3,625

2,010
560
93
81
2,746
17
51
2,676

579
1,930
421
528
141
88
0
131
3,821
△195

605
1,958
350
517
75
82
―
114
3,705
△1,028

1,275
26
36
17
1,355

240
10
―
30
281

0
0
―
1
1
1
0
4
1,155

4
1
0
―
―
0
0
6
△753

89
0
89

259
0
259

―
―
1
277
―
278
966
35
11
46
919
△30
949

1
0
―
277
4
283
△778
38
92
131
△909
△ 12
△897

AIZAWA SECURITIES GROUP CO., LTD.

Consolidated comprehensive income statement (For the three months ended June 30, 2022)(million yen)

Profit/loss(△)
Other comprehensive income
Valuation difference on available-for-sale securities
Foreign currency translation reserve
Remeasurements of defined benefit plans
Total accumulated other comprehensive income
Comprehensive income(Description)
Comprehensive income attributable to owners of parent
Comprehensive income attributable to non-controlling owners

7

Three months ended
June 30, 2021

Three months ended
June 30, 2022

919

△909

435
68
△6
496
1,416

△111
258
0
147
△761

1,405
10

△901
139

AIZAWA SECURITIES GROUP CO., LTD.

(3) Notes on quarterly consolidated financial statements(Notes on going concern assumption)

Not applicable.
(Notes on material changes in shareholders’ equity)

Not applicable(Change in accounting policy)

Application of “Accounting standard for fair value measurement”
From the beginning of the consolidated 1st quarter of current accounting period, company has applied the“Accounting standard for fair value measurement” under ASBJ statement no. 31 as of June 17, 2021.
The transitional treatment will be applied in accordance with the paragraph 27-2 of “Accounting standard
for fair value measurement”. The new accounting policy will be applied in the future.
There is no impact on the quarterly consolidated financial statements due to change in accounting policy.
(Additional information)

Introduction of ESOPThe company has introduced an Employee Stock Ownership Plan Trust (“ESOP Trust”) from July 22, 2019with the motive to increase the enterprise value over mid to long term. The Company's stock held by the
ESOP Trust is included in treasury shares under net assets with a book value of 305 million yen for 459
thousand shares as of June 30, 2022.
(Business combination events)

Business combination through investment in fund interest
On June 16, 2022, company made an investment in Ariake Secondary FundⅢ LP, an investment manager
to Aizawa Asset Management co., ltd. , a subsidiary of company.
Since the total investment amount of the Fund is equivalent to more than 10/100 of the capital of the Company,
the Fund is a specified subsidiary of the Company.

1. Description(1) Name and details of transaction
Name
Type

Ariake Secondary Fund Ⅲ LP
Investment fund(2) Purpose of business combination
By investing in this fund managed by Aizawa Asset Management Co., Ltd., a consolidated subsidiaryof the Company, it is expected that the efficiency of operations and cooperation among group companies
will be strengthened. By investing in this fund, which acquires domestic and foreign fund interests andunlisted stocks in the secondary market, company can gain discounted investment know-how anddiversification in assets under management.
(3) Transaction dateJune 16, 2022 (Deemed transaction date: June 30, 2022)(4) Transaction type
Acquired fund interest in cash transaction(5) Name change after transaction
Not applicable(6) Acquired fund interest
99.27%(7) Main grounds for deciding the investment
AIZAWA Investments Co., Ltd. acquired the fund interest by the company’s cash.

8

AIZAWA SECURITIES GROUP CO., LTD.

2. Since June 30, 2022 is the deemed acquisition date, the results of the acquired fund interest are not includedin the quarterly consolidated statements of income of the reporting period.
3. Details of investment
Investment amount: 1,106 million JPY
4. Details on goodwill, depreciation
Not applicable(Important subsequent events)

Purchase of treasury sharesCompany decided to purchase the treasury shares in accordance with the paragraph 1 of article 459,
company law. Decision was taken in the board meeting conducted on January 28, 2022. Company pursued
the purchase of its treasury shares.
1. Minutes of board meeting on purchase of treasury shares(1) Reason for pursuing purchase of treasury shares
To maintain flexible capital policy and increase the capital efficiency and return on equity(2) Details on purchase of treasury shares
1) Share type:
Common share2) Number of treasury shares:
Maximum of 1,000,000 shares (Within 2.6% of outstanding shares
excluding the treasury shares)
3) Value of treasury share:
Maximum of 1,200 million yen
4) Term for purchase:
From February 1, 2022 to January 31, 2023
5) Mode of purchase:
Direct trade through Tokyo Stock Exchange
2. Details on completed purchase of treasury shares
1) Share type:
Common share2) Number of shares:
26,900 shares
3) Value of shares:
19 million yen
4) Buyback term:
From July 1, 2022 to July 12, 2022
5) Mode of purchase:
Direct trade through Tokyo Stock Exchange
In line with above mentioned board decision, the status of purchase of treasury shares as of 12, July 2022
is as follow:
1) Number of treasury shares purchase completed:
451,900 shares
2) Value of treasury shares purchase completed:
344 million yen

9AIZAWA SECURITIES GROUP CO., LTD.

3. Supplementary information
Consolidated business results for the three months ended June 30, 2022
(1) Commission receivedA) Breakdown of commission received(million yen)Three months
ended June 30,
2021
(A)

Brokerage commission
Equities
Bonds
Beneficiary securities
Commission from underwriting, secondary
distribution
andsolicitation
towards
professional investors
Equities
Bonds

1,378
1,360
―
17

Other fees received
Total

Change(B/A)

Consolidated fiscal year
ended March 31, 2022

1,060
77.0%
1,033
75.9%
―
―
27 154.4%

5,571
5,471
―
99

3

1

49.2%

25

1
1

0
0

40.4%
64.6%

24
1

425

363

85.4%

1,705

589
2,395

584
2,010

99.3%
83.9%

2,873
10,176

Fee from offering, secondary distribution andsolicitation towards professional investors

B)

Three months
ended June 30,
2022
(B)

Product wise breakdown(million yen)Three months ended June30, 2021(A)

Three months ended
June 30, 2022
(B)

1,372
1
666
356
2,395

1,042
0
669
298
2,010

Equities
Bonds
Beneficiary securities
OthersTotal(2)Change
(B/A)

75.9%
78.7%
100.5%
83.7%
83.9%

Consolidated fiscal year
ended March 31, 2022

5,556
1
2,820
1,798
10,176

Net trading income(million yen)

Equities etc.
Bonds, forex etc.
Bonds etc.
Forex etc.
Total

Three months ended June30, 2021(A)

Three months ended
June 30, 2022
(B)

916
198
34
163
1,115

325
234
44
190
560

10

Change(B/A)

35.5%
118.2%
126.9%
116.3%
50.3%

Consolidated fiscal year
ended March 31, 2022

4,031
719
101
617
4,751

AIZAWA SECURITIES GROUP CO., LTD.

(3)

Comparative quarterly consolidated income statement(million yen)

FY 2022

FY 2023First quarter

Second quarter

Third quarter

Fourth quarter

First quarter

ended June 30

ended September 30

ended December 31

ended March 31

ended June 30

2,395
1,378

2,887
1,502

2,771
1,503

2,181
1,186

2,010
1,060

3

3

18

0

1

425

491

463

326

363

589
1,115
103
43
3,657
16
15
3,625

890
1,410
108
51
4,457
19
20
4,417

726
1,516
105
65
4,399
27
31

668
708
105
540
3,535
23
278

584
560
93
81
2,746
17
51

4,341

3,234

2,676

579
1,930
421
528
141
88
0
131
3,821
△195
1,355
4
1,155
89
278
966
46
919
△30
949

721
2,173
473
781
143
92
△0
149
4,535
△117
76
80
△122
1,934
△277
2,089
764
1,325
△9
1,334

761
2,127
347
549
88
234
△0
123
4,232

627
1,758
392
535
81
60
△0
106
3,563

605
1,958
350
517
75
82
―
114
3,705

108

△328

△1,028

205
2

420
8

281
6

Operating revenue
Commission received
Brokerage commission
Commission from underwriting, secondary distribution
and solicitation towards professional investors
Fee from offering, secondary distribution andsolicitation towards professional investors

Other fees received
Net trading income
Financial revenue
OthersTotal operating revenue
Financial expenses
Other operating expenses
Net operating revenue
Selling, general and administrative expenses
Trading related expenses
Personnel expenses
Real estate expenses
Office expenses
Depreciation
Taxes and dues
Provision of allowance for doubtful accounts
OthersTotal selling, general and administrative expenses
Operating profit
Non-operating income
Non-operating expenses
Ordinary profit
Extraordinary income
Extraordinary losses
Profit before income taxes
Income tax expenses
ProfitProfit (loss) attributable to non-controlling interests
Profit attributable to owners of parent

11

311

83

△753

1,069
112

274
9

259
283

1,268

348

△778

333

661

131

934

△312

△909

△6

9

△12

940

△322

△897