The report said that, as with realized losses, AIG accounted for 47 percent of total unrealized losses
, and seven large insurance groups accounted for another 35 percent.
Chancery officials stressed that many of the reported department deficits were attributed to those unrealized losses
and not on deficit spending.
There's no knowing if those unrealized losses
will ever be realized and offset future gains.
($ millions) Full Year 2008 1Q 2009 Net income 91.5 -2,621.9 Net cash from operating activities 47,454.2 5,771.2 Net realized capital gains/losses -19,649.5 -1,992.5 Gross unrealized losses
* -124,835.3 -120,407.2 Shareholders' equity ** -117,977.0 116,180.2 Notes: * Includes fixed-income securities and equity securities.
Earnings before unrealized losses
on financing activities were $114.7 million, up from $112.2 million in fiscal 2005.
The tire producer will post a 2.5 billion yen net loss in its interim settlement in December as it disposed of unrealized losses
in stocks of its sales subsidiary.
Moreover, the company now has ample unrealized losses
from foreign securities, they said.
Second, unrealized gains of some assets could offset unrealized losses
of others, resulting in no required write-off.
12, unrealized losses
for such securities and recoveries of such losses have to be recognized in the income statement for the period.
Currently, securities dealers are allowed to value inventories using the lower of cost or market (LCM) method, which permits them, when calculating taxable income, to take into account unrealized losses
on inventory positions without having to account for unrealized gains.
One, which was not caused by the filing of a consolidated return, involved unrealized losses
when P sells S.