FORTUNE'S GLOBAL 500 NOTES
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(FORTUNE Magazine) – DEFINITIONS AND EXPLANATIONS

REVENUES AND PROFITS All companies on the list must publish financial data and report part or all of their figures to a government agency. In the U.S., private companies and cooperatives that produce a 10-K are included. Revenues are as reported, including revenues from discontinued operations when they are published. The revenues for commercial banks and savings institutions are the sum of interest and noninterest revenues. Such figures for insurance companies include premium and annuity income, investment income, and capital gains or losses, but exclude deposits. Revenue figures include consolidated subsidiaries and exclude excise taxes.

Profits are shown after taxes, after extraordinary credits or charges if any appear on the income statement, and after cumulative effects of accounting changes. Figures in parentheses indicate a loss. Profit declines over 100% reflect swings from 1994 profits to 1995 losses.

Data shown are for the fiscal year ended on or before March 31, 1996. Revenue and profit figures for non-U.S. companies have been converted to dollars at the average official exchange rate during each company's fiscal year (ended December 31, 1995, unless otherwise noted).

ASSETS AND EQUITY Assets shown are those at the company's fiscal year-end. Stockholders' equity is the sum of capital stock, paid-in capital, and retained earnings on the same date. Minority interest is not included.

Figures for non-U.S. companies have been converted to dollars at the official exchange rate at each company's fiscal year-end.

EMPLOYEES The figure shown is either a fiscal year-end or yearly average number, as published by the corporation.

INDUSTRY TABLES Companies are included in the industry that represents the greatest volume of their revenues. Industry groups are based on categories established by the U.S. Office of Management and Budget.

MEDIANS No attempt has been made to calculate medians in groups with fewer than four companies. The medians for profit changes from 1994 do not include companies that lost money in both 1994 and 1995; no meaningful percentage changes can be calculated in such cases.

CREDITS Figures for this Global 500 Directory were prepared by reporters Cindy Kano (Tokyo) and Richard Tucksmith.

FOOTNOTES

- Not listed last year. E Excise taxes have been deducted. G Government owned. N.A. Not available. ¦ Includes sales of discontinued operations of at least 10%.

1-9 1 Figures are for fiscal year ended March 31, 1996. 2 Parent company. 3 Figures are for fiscal year ended January 31, 1996. 4 Figures are for fiscal year ended September 30, 1995. 5 Figures are for fiscal year ended December 31, 1994. 6 Figures prepared in accordance with International Accounting Standards. 7 Figures are for fiscal year ended June 30, 1995. 8 Figures do not include spinoff of Allstate (1995 rank: 134), June 30, 1995. 9 Figure does not include discontinued operations of Allstate (1995 rank: 134).

10-19 10 Figures are for fiscal year ended February 29, 1996. 11 Figures do not reflect merger with Bank of Tokyo (1995 rank: 137), April 1, 1996; name changed to Bank of Tokyo-Mitsubishi. 12 Figures are for fiscal year ended October 31, 1995. 13 Figures are for fiscal year ended May 31, 1995. 14 Company formed by the combination of Lockheed (1994 rank: 261) and Martin Marietta (1994 rank: 391), March 15, 1995. 15 Figures do not reflect merger with Mitsubishi Bank (1995 rank: 75), April 1, 1996. 16 Figures are for fiscal year ended March 31, 1995. 17 Name changed from Lloyds Bank, December 28,1995. 18 Figures are for fiscal year ended November 30, 1995. 19 Estimate.

20-30 20 Figures are for fiscal year ended August 31, 1995. 21 Name changed to MYCAL, July 1, 1996. 22 Figures do not include acquisition of Chase Manhattan Corp. (1995 rank: 382), March 31, 1996. 23 Figures are for fiscal year ended July 31, 1995. 24 Figures prepared in accordance with U.S. Generally Accepted Accounting Principles. 25 One of three companies resulting from the breakup of ITT (1994 rank: 102), December 19, 1995. 26 Fiscal year-end changed from June 30 to December 31, 1995. 27 Acquired by Chemical Banking Corp. (1995 rank: 254), March 31, 1996. 28 Figures are for fiscal year ended February 28, 1995. 29 Fiscal year-end changed from January 31 to November 30, 1995. Figures are for ten months. 30 Revenues from discontinued operations are not included.

MONEY LOSERS

COMPANY LOSS GLOBAL 500 RANK $ millions

ALCATEL ALSTHOM 80 5,128.0 BANCO DO BRASIL 182 4,373.6 DAIMLER-BENZ 17 3,959.3 FUJI BANK 83 3,371.5 PACIFIC TELESIS GROUP 486 2,312.0 GTE 162 2,144.0 SAKURA BANK 108 1,883.2 NYNEX 299 1,849.9 DEUTSCHE POST 200 1,801.5* SUMITOMO TRUST & BANKING 378 1,648.2 MITSUBISHI TRUST & BANKING 366 1,565.8 SNCF 281 1,522.0* TOKAI BANK 160 1,394.6 SANWA BANK 68 1,294.5 BELLSOUTH 193 1,232.0 MITSUI TRUST & BANKING 394 1,204.8 DAIWA BANK 411 1,137.3 YASUDA TRUST & BANKING 425 997.2 SBC COMMUNICATIONS 322 930.0 NISSAN MOTOR 23 916.1* CIE FINANCIéRE DE PARIBAS 147 801.4 CIE DE SUEZ 168 793.6* NIPPON CREDIT BANK 224 792.2 ASAHI BANK 332 761.5 CIE GENERALE DES EAUX 76 738.9 INDUSTRIAL BANK OF JAPAN 56 658.4 MELVILLE 375 657.1 MATSUSHITA ELECTRIC INDUSTRIAL 19 589.2 BOUYGUES 257 583.7 KMART 69 571.0 NORINCHUKIN BANK 117 560.4 METROPOLITAN LIFE INSURANCE 98 559.4 THOMSON 264 545.0* XEROX 172 472.0 MCDONNELL DOUGLAS 266 416.0 UNION DES ASSURANCES DE PARIS 49 413.9 LONG-TERM CREDIT BANK OF JAPAN 93 361.1 GAN 86 357.9* NISSHO IWAI 11 259.5 LA POSTE 217 225.5 AEROSPATIALE 434 196.6* MAZDA MOTOR 170 123.1* JAPAN AIRLINES 252 94.3* ALL NIPPON AIRWAYS 437 88.8* KUMAGAI GUMI 384 81.8* INCHCAPE 443 69.4 SEIYU 290 66.3 MITSUKOSHI 414 27.0* TAISEI 165 20.2 NITTETSU SHOJI 395 18.6*

*Also lost money in 1994.