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31
Brother Annual Report 2011
The information of the available-for-sale securities which were sold during the year ended March 31, 2011 and 2010 was as follows:
March 31, 2011
Millions of Yen
Proceeds Realized Gains Realized Losses
Available-for-sale:
Equity securities ¥ 56¥ 1¥ (3)
March 31, 2010
Millions of Yen
Proceeds Realized Gains Realized Losses
Available-for-sale:
Equity securities ¥ 0 — ¥ (1)
March 31, 2011
Thousands of U.S. Dollars
Proceeds Realized Gains Realized Losses
Available-for-sale:
Equity securities $ 675 $ 12 $ 36
5. Inventories
Inventories at March 31, 2011 and 2010 consisted of the following:
Millions of Yen
Thousands of
U.S. Dollars
2011 2010 2011
Merchandise and Finished products ¥ 49,500 ¥ 46,327 $ 596,385
Work in process 8,067 6,224 97,193
Raw materials and supplies 14,689 12,189 176,976
Total ¥ 72,256 ¥ 64,740 $ 870,554
6. Long-lived Assets
The Group reviewed their long-lived assets for impairment. For the years ended March 31, 2011 and 2010, the Company and domestic consoli-
dated subsidiaries recorded impairment loss of ¥1,473 million ($17,747 thousand) and ¥315 million, respectively, as other expense, for business
assets, idle assets and leased assets. The carrying amounts of these assets were written down to the recoverable amount. The recoverable amount
of business assets was measured at the value in use and those of idle assets and leased assets were measured at the net selling price at disposition.
The recoverable amount of business assets was measured at value in use and the discount rate used for computation of the present value of
future cash flows were from 4.60% to 5.08% for the year ended March 31, 2011.
7. Investment Property
On November 28, 2008, the ASBJ issued ASBJ Statement No.20, “Accounting Standard for Investment Property and Related Disclosures” and issued
ASBJ Guidance No.23, “Guidance on Accounting Standard for Investment Property and Related Disclosures.” This accounting standard and the
guidance were applicable to investment property and related disclosures at the end of the fiscal years ending on or after March 31, 2010. The
Group applied the new accounting standard and guidance effective March 31, 2010.
The Group owns certain rental properties such as office buildings and land in Nagoya and other areas. The net of rental income and
operating expenses for those rental properties was ¥1,230 million ($14,819 thousand) and ¥1,234 million for the fiscal year ended March 31, 2011
and 2010, respectively.