Brother International 2010 Annual Report Download - page 20

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Consolidated Statements of Cash Flows
Brother Industries, Ltd. and Consolidated Subsidiaries
Years ended March 31, 2010 and 2009
Millions of Yen
Thousands of
U.S. Dollars
(Note 1)
2010 2009 2010
OPERATING ACTIVITIES:
Income before income taxes and minority interests ¥ 26,234 ¥ 23,613 $ 282,086
Adjustments for:
Income taxes - paid (6,508) (10,126) (69,978)
Depreciation and amortization 21,028 23,094 226,108
Loss on impairment of long-lived assets 315 2,535 3,387
Amortization of goodwill 709 802 7,624
Gain on sales and disposals of property, plant and equipment, net (654) (2,356) (7,032)
Foreign exchange loss 459 3,317 4,935
Loss on transfer to defined contribution pension plan 2,985 32,097
Changes in assets and liabilities:
Increase in trade notes and accounts receivable (450) (300) (4,839)
Decrease (increase) in inventories 9,092 (8,717) 97,763
Increase (decrease) in trade notes and accounts payable 6,793 (5,143) 73,043
Decrease in accrued expenses (11,006) (1,039) (118,344)
Increase (decrease) in liability for retirement benefits 1,301 (424) 13,989
Increase in allowance for doubtful accounts 1,249 450 13,430
Increase (decrease) in liability for warranty reserve 3,278 (614) 35,247
Other - net (4,477) (4,572) (48,140)
Total adjustments 24,114 (3,093) 259,290
Net cash provided by operating activities 50,348 20,520 541,376
INVESTING ACTIVITIES:
Proceeds from sales of property, plant and equipment 2,664 5,632 28,645
Proceeds from sales of investment securities 0 782 0
Proceeds from collection of loans 68
Disbursement for purchases of property, plant and equipment (12,805) (20,835) (137,688)
Disbursement for purchases of investment securities (146) (2,818) (1,570)
Disbursement for purchases of intangible assets (5,483) (7,122) (58,957)
Disbursement for purchases of affiliates' shares (1,863) (617) (20,032)
Disbursement for purchases of investment in affiliates (1,705) (18,333)
Disbursement for purchase of business (1,202)
Proceeds from acquisition of shares with the change in scope of consolidation 1,124 12,086
Other - net 153 (106) 1,645
Net cash used in investing activities (18,061) (26,218) (194,204)
FORWARD ¥ 32,287 ¥ (5,698) $ 347,172
18 Brother Annual Report 2010