Fujitsu 2012 Annual Report Download - page 118
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At March 31, 2012, the Group had committed facility contracts with banks aggregating ¥197,566 million ($2,409,341 thousand)
and all of it was unused.
Assets pledged as collateral for short-term borrowings and long-term debt at March 31, 2011 and 2012 are principally presented
below:
Yen
(millions)
U.S. Dollars
(thousands)
At March 31 2011 2012 2012
Property, plant and equipment, net ¥2,563 ¥2,530 $30,854
As is customary in Japan, substantially all loans from banks (including short-term loans) are made under bank transaction agree-
ments which stipulate that, at the request of the banks, the borrower is required to provide collateral or guarantors (or additional col-
lateral or guarantors, as appropriate) with respect to such loans, and that all assets pledged as collateral under such agreements will be
applicable to all present and future indebtedness to the banks concerned. These bank transaction agreements further stipulate that the
banks have the right to offset deposits at the banks against indebtedness which matures or becomes due prematurely by default owed
to the banks.
7. Supplementary Information to the Consolidated Income Statements
The amounts of write-down of inventories recognized within “cost of sales” for the years ended March 31, 2011 and 2012 were ¥22,545
million and ¥17,730 million ($216,220 thousand), respectively. The provision for construction contract losses charged to “cost of sales”
for the same periods were ¥9,549 million and ¥8,452 million ($103,073 thousand), respectively.
Major items that comprise “Selling, general and administrative expenses” are salaries and research and development expenses. The
salaries for the years ended March 31, 2011 and 2012 were ¥308,021 million and ¥313,049 million ($3,817,671 thousand), respec-
tively. The research and development expenses for the same periods were ¥236,210 million and ¥238,360 million ($2,906,829 thou-
sand), respectively.
“Other, net” of “Other income (expenses)” for the years ended March 31, 2011 and 2012 consists of the following:
Yen
(millions)
U.S. Dollars
(thousands)
Years ended March 31 2011 2012 2012
Gain on sales of investment securities ¥ 9,366 ¥ — $ —
Gain on change in interest 2,368 — —
Foreign exchange gains (losses), net (11,063) (1,805) (22,012)
Gain on negative goodwill 1,220 — —
Restructuring charges — (15,199) (185,354)
Loss on disaster (11,645) (7,529) (91,817)
Loss on disposal of property, plant and equipment and intangible assets (5,477) (3,082) (37,585)
Loss on changes in retirement benefit plan (1,266) (895) (10,915)
Impairment loss (1,579) (776) (9,463)
Loss on adjustment for adoption of accounting standard for asset retirement
obligations (4,113) — —
Other, net (6,366) (9,281) (113,183)
¥(28,555) ¥(38,567) $(470,329)
116 FUJITSU LIMITED ANNUAL REPORT 2012