Epson 2016 Annual Report Download - page 83

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82
Carrying Amount Land, buildings
and structures
Machinery,
equipment and
vehicles
Tools, furniture
and fixtures
Construction
in progress Other Total
As of April 1, 2014 133,107 58,839 23,986 5,183 1,438 222,556
As of March 31, 2015 127,665 68,609 24,982 4,143 1,856 227,257
As of March 31, 2016 128,741 73,955 24,452 14,978 2,335 244,463
Carrying Amount Land, buildings
and structures
Machinery,
equipment and
vehicles
Tools, furniture
and fixtures
Construction
in progress Other Total
As of March 31, 2015 1,132,996 608,883 221,708 36,767 16,481 2,016,835
As of March 31, 2016 1,142,546 656,328 217,013 132,934 20,712 2,169,533
Millions of yen
Thousands of U.S. dollars
The carrying amount of property, plant and equipment includes the carrying amount of the following leased assets:
Leased Assets Land, buildings
and structures
Machinery,
equipment and
vehicles
Tools, furniture
and fixtures Total
As of April 1, 2014 223 62 116 402
As of March 31, 2015 109 98 76 284
As of March 31, 2016 63 188 46 298
Leased Assets Land, buildings
and structures
Machinery,
equipment and
vehicles
Tools, furniture
and fixtures Total
As of March 31, 2015 977 869 674 2,520
As of March 31, 2016 559 1,677 408 2,644
Thousands of U.S. dollars
Millions of yen
(2) Impairment Losses
Epson’s business assets are generally grouped by business segment under the Company’s management accounting
system, and their cash flows are continuously monitored. Assets planned to be sold and idle assets are separately
assessed for impairment on the individual asset level.
Impairment losses recognised in the years ended March 31, 2015 and 2016, represent the losses related to idle
assets that Epson has no plan to use in the future, and the carrying amount was reduced to the recoverable amounts.
They were recognised as other operating expense in the consolidated statement of comprehensive income.
The recoverable amounts of these assets are determined using their fair values less disposal cost, which were
assessed on the basis of reasonable estimates such as a valuation by an external real estate appraiser. The valuation
is made in accordance with the income approach using Level 3 inputs which include the future cash flow.