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ANNUAL REPORT

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CONDENSED NON-CONSOLIDATED FINANCIAL STATEMENTS FOR<br />

THE FISCAL YEAR ENDED MARCH 31, 2009<br />

In accordance with Article 105 of the Belgian Companies Code, the non-consolidated accounts are presented below in a condensed<br />

version. The full version of the non-consolidated annual accounts, along with the related Directors’ Report and the Statutory Auditors’<br />

Report, as they will be presented at the Annual Shareholders’ Meeting, are available on request from RHJI’s registered office and on<br />

its website (www.rhji.com). The Statutory Auditor has expressed an unqualified opinion on these annual accounts.<br />

Condensed non-consolidated balance sheet as at March 31<br />

(In JPY millions) 2009 2008<br />

Assets<br />

Tangible fixed assets 78 95<br />

Intangible fixed assets 19 31<br />

Financial fixed assets 61,647 157,450<br />

Total non-current assets 61,744 157,576<br />

Trade and other receivables 943 1,389<br />

Short-term investments 51,979 23,590<br />

Cash and cash equivalents 6,989 28,293<br />

Others 46 418<br />

Total current assets 59,957 53,690<br />

Total assets 121,701 211,266<br />

Equity<br />

Issued capital 88,491 88,491<br />

Share premium 104,604 104,604<br />

Reserves 18,145 18,416<br />

Retained earnings (91,041) (1,722)<br />

Total equity 120,199 209,789<br />

Current liabilities<br />

Trade and other payables 850 1,019<br />

Others 652 458<br />

Total current liabilities 1,502 1,477<br />

Total equity and liabilities 121,701 211,266<br />

102

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