Canon 2006 Annual Report Download - page 71

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69
The gross realized gains for the years ended December 31,
2006, 2005 and 2004 were ¥674 million ($5,664 thousand),
¥11,049 million and ¥3,867 million, respectively. The gross
realized losses for the years ended December 31, 2006, 2005
and 2004 were not significant.
At December 31, 2006, substantially all of the available-
for-sale and held-to-maturity securities with unrealized losses
had been in a continuous unrealized loss position for less than
12 months.
Aggregate cost of non-marketable equity securities
accounted for under the cost method totaled ¥18,462 million
($155,143 thousand) and ¥16,714 million at December 31,
2006 and 2005, respectively. Investments with an aggregate
cost of ¥18,429 million ($154,866 thousand) were not
evaluated for impairment because (a) Canon did not estimate
the fair value of those investments as it was not practicable to
estimate the fair value of the investments and (b) Canon did
not identify any events or changes in circumstances that might
have had significant adverse effects on the fair value of those
investments.
Investments in affiliated companies accounted for by the
equity method amounted to ¥40,143 million ($337,336 thou-
sand) and ¥31,418 million at December 31, 2006 and 2005,
respectively. Canon’s share of the net earnings (losses) in affili-
ated companies accounted for by the equity method, included
in other income (deductions), are earnings of ¥4,237 million
($35,605 thousand), ¥1,646 million and ¥1,921 million for the
years ended December 31, 2006, 2005 and 2004, respectively.
Trade receivables are summarized as follows:
(5) Trade Receivables
December 31 Thousands of
Millions of yen U.S. dollars
2006 2005 2006
Notes ¥ 24,241 27,328 $ 203,706
Accounts 751,555 673,827 6,315,588
775,796 701,155 6,519,294
Less allowance for doubtful receivables (13,849) (11,728) (116,378)
¥ 761,947 689,427 $6,402,916
(6) Inventories
Inventories are summarized as follows:
December 31 Thousands of
Millions of yen U.S. dollars
2006 2005 2006
Finished goods ¥359,471 359,934 $3,020,765
Work in process 160,231 132,520 1,346,479
Raw materials 19,355 17,741 162,647
¥539,057 510,195 $4,529,891