content_image/277881.jpg content_image/277882.jpg
## 32. traDe anD other payaBles 

The breakdown of trade and other payables is as follows: 

<img src='content_image/277881.jpg'>

## 33. cash flow inforMation 

The Group lost control of a subsidiary as a result of disposal of the Group’s investment for the year ended 31 March 2014. The total consideration received in respect of sales of the subsidiary, and the breakdown of assets and liabilities of the subsidiary transferred are as follows: 

Total consideration received: ¥22,963 million 

Breakdown of assets and liabilities of subsidiary transferred 

<img src='content_image/277882.jpg'>

## 34. financial instruMents 

## (1) Capital management 

The Group’s capital management principle is to maintain an optimal capital structure by improving capital efficiency and ensuring sound and flexible financial conditions in order to achieve sustained improvement in the enterprise value, which will lead to improved return to shareholders. 

The Group monitors financial indicators in order to maintain an optimal capital structure. Credit ratings are monitored for financial soundness and flexibility, and so is return on equity attributable to owners of the parent (ROE) for capital efficiency. The Group is not subject to material capital regulation. 

