Financing

(Unit: Billions of yen)

FY2006 FY2007 FY2008 FY2009 FY2010   Net Increase   Net Increase   Net Increase   Net Increase   Net Increase Capital Expenditure 181.4 181.4 214.6 214.6 232.8 232.8 221.0 221.0 236.9 236.9 Redemption of Debts 347.1 - 327.0 - 296.3 - 276.8 - 257.3 - Total 528.5 181.4 541.6 214.6 529.1 232.8 497.8 221.0 494.2 236.9 Internal Sources 244.6 244.6 211.5 211.5 159.7 159.7 316.4 316.4 163.6 163.6 　Internal Preserve etc. 244.6 244.6 211.5 211.5 159.7 159.7 316.4 316.4 163.6 163.6 Capital Increase - - - - - - - - - - External Funds 283.9 -63.2 330.1 3.1 369.4 73.1 181.4 -95.4 330.6 73.3 [At Par] Bonds (108.8) 108.5 34.0 (140.0) 139.5 11.6 (205.0) 204.4 104.4 (60.0) 59.8 9.8 (130.0) 129.6 59.6 Loans 168.4 -104.2 178.6 -13.5 165.0 -19.3 121.6 -105.2 171.0 -16.3 Commercial Paper 7.0 7.0 12.0 5.0 - -12.0 - - 30.0 30.0 Total 528.5 181.4 541.6 214.6 529.1 232.8 497.8 221.0 494.2 236.9

(Reference)  Transition of Capital Expenditure

Amount Outstanding of Bonds and Loans

(Unit: Billions of yen)

As of End of Fiscal Year FY2005 FY2006 FY2007 FY2008 FY2009 FY2010 Bonds 1,121.1 1,155.4 1,167.6 1,272.6 1,282.6 1,342.6 Loans 854.0 749.8 736.3 717.0 611.8 595.5 Commercial Bank 256.6 205.9 206.7 203.3 171.7 188.5 Life Insurance 329.5 308.5 318.7 324.7 272.4 259.5 Nonlife Insurance 1.0 0.4 0.1 - - - Development Bank of Japan 236.3 207.0 180.5 160.7 140.7 121.4 Other 30.4 27.8 30.1 28.1 26.8 26.0 Commercial Paper - 7.0 12.0 - - 30.0 Total 1,975.1 1,912.3 1,915.9 1,989.6 1,894.4 1,968.1

Note: Figures are rounded down to the nearest 100 million.