Brother International 2008 Annual Report Download - page 19

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17Brother Annual Report 2008
Thousands of
U.S. dollars
Millions of Yen (Note 1)
2008 2007 2008
FORWARD ¥ 28,897 ¥ 11,909 $ 288,970
FINANCING ACTIVITIES:
Increase (Decrease) in short-term borrowings, net 1,009 (281) 10,090
Proceeds from long-term debt 20,000 — 200,000
Repayments of long-term debt (21,088) (2,119) (210,880)
Cash dividends paid including minority interest portion (6,789) (4,001) (67,890)
Increase in treasury stock, net (105) (292) (1,050)
Net cash used in financing activities (6,973) (6,693) (69,730)
EFFECT OF FOREIGN CURRENCY EXCHANGE RATE CHANGES
ON CASH AND CASH EQUIVALENTS (9,082) 4,197 (90,820)
NET INCREASE IN CASH AND CASH EQUIVALENTS 12,842 9,413 128,420
CASH AND CASH EQUIVALENTS OF NEWLY CONSOLIDATED SUBSIDIARIES —408 —
CASH AND CASH EQUIVALENTS INCREASED BY MERGER —565 —
CASH AND CASH EQUIVALENTS, BEGINNING OF YEAR 70,377 59,991 703,770
CASH AND CASH EQUIVALENTS, END OF YEAR ¥ 83,219 ¥ 70,377 $ 832,190
Additional information
Assets and liabilities increased due to acquisition of shares of a new consolidated subsidiary (Note 3)
Assets —¥ 2,244 —
Liabilities —(657) —
Cash paid for capital — 4,645 —
Goodwill —¥ 3,058 —
Assets and liabilities decreased due to transfer of at-home sales business (Note 2(15))
Assets —¥ 1,446 —
Liabilities —(1,110) —
Cash and cash equivalents including transferred assets — (1,034) —
Gain on transfer of business — 312 —
Net disbursement for transfer of business — ¥ (386) —
See notes to consolidated financial statements.