Brother International 2015 Annual Report Download - page 5

CONSOLIDATED STATEMENT OF CASH FLOW
S
OPERATING ACTIVITIES:
Income before income taxes Y 65,399
Y
33,527 $ 634,945
Adjustments for:
Depreciation and amortization 28,205 27,613 273,840
Impairment loss 1,784 2,121 17,325
A
mortization of goodwill 1,318 1,537 12,799
Provision for (Reversal of) allowance for doubtful accounts 1,027 883 9,974
Provision for (Reversal of) product warranty 586 898 5,692
Provision for (Reversal of) bonus reserve 627 1,176 6,096
Increase (Decrease) in liability for retirement benefit
s
4,784 1,752 46,452
-(144) -
Interest and dividend income (1,532) (1,515) (14,883)
Interest expenses 342 276 3,323
Foreign exchange loss (gain) (7,225) 2,092 (70,153)
Valuation loss (gain) on derivatives 2,341 (4,461) 22,737
Equity in loss (earnings) of affiliate
s
(61) 241 (599)
(15,743) 458 (152,853)
Loss (Gain) on sales of investment securities (125) (464) (1,214)
Loss on disaster 249 -2,424
Decrease (Increase) in trade notes and accounts receivable (6,293) (5,422) (61,106)
Decrease (Increase) in inventories (6,451) (5,993) (62,634)
Increase (Decrease) in trade notes and accounts payable (1,153) 6,973 (11,203)
Increase (Decrease) in accrued expenses 2,229 807 21,642
Other, net (3,573) 1,396 (34,694)
Cash generated from operations 66,734 63,756 647,911
Interest and dividends received 1,579 1,295 15,332
Interest paid (345) (277) (3,352)
Income taxes paid (9,946) (9,755) (96,571)
Net cash provided by operating activitie
s
Y 58,021
Y
55,019 $ 563,320
INVESTING ACTIVITIES:
Proceeds from sales and redemption of marketable securities 3,008 5,103 29,208
Disbursement for purchases of property, plant and equipmen
t
(23,784) (27,634) (230,916)
Proceeds from sales of property, plant and equipmen
t
17,964 1,361 174,409
Disbursement for purchases of intangible assets (7,179) (6,635) (69,707)
Disbursement for purchases of investment securities (5,398) (11,152) (52,413)
Proceeds from sales and redemption of investment securities 1,377 2,760 13,369
Disbursement for purchases of shares in affiliates -(1,058) -
Disbursement for payment of investments in affiliates -(2,188) -
Other, net (1,312) 343 (12,747)
Net cash used in investing activities Y (15,326)
Y
(39,099) $ (148,796)
FINANCING ACTIVITIES:
Increase (Decrease) in short-term borrowings, net (875) (5,684) (8,501)
Proceeds from borrowings of long-term debt 3,547 200 34,443
Disbursement for repayment of long-term borrowings (1,800) -(17,476)
Disbursement for repayment of lease obligation
s
(1,544) (1,251) (14,992)
Decrease (Increase) in treasury stock, net (10,174) (10) (98,785)
Cash dividends paid (7,604) (6,687) (73,829)
Net cash used in financing activities Y (18,451)
Y
(13,433) $ (179,141)
8,553 6,877 83,044
Net increase (decrease) in cash and cash equivalents 32,797 9,364 318,427
Cash and cash equivalents at beginning of period 68,934 55,059 669,271
Cash and cash equivalents of newly consolidated subsidiarie
s
2,905 4,301 28,205
94 210 921
Cash and cash equivalents at end of period Y 104,732
Y
68,934 $ 1,016,824
Millions of yen Thousands of
U.S. dollars
Year ended Year ended Year ended
2014 2015
Loss (Gain) on sales and disposals of property, plant and
equipment, net
March 31, March 31, March 31,
Effect of foreign currency exchange rate changes on cash and cash
equivalents
Cash and cash equivalents increased by merger with unconsolidated
subsidiaries
2015
Loss (Gain) on cancellation of shares due to absorption of a
subsidiary
󲗢