Fujitsu 2014 Annual Report Download - page 130

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(2) Date of application and impact from adoption
The Group has not assessed the impact from application for the consolidated financial statements because it will voluntarily apply IFRS
from the year ending March 31, 2015.
2. U.S. Dollar Amounts
The Company and its consolidated subsidiaries in Japan maintain their books of account in yen. The U.S. dollar amounts included in the
accompanying consolidated financial statements and the notes thereto represent the arithmetic results of translating yen into U.S.
dollars at ¥103 = US$1, the approximate exchange rate at March 31, 2014.
The U.S. dollar amounts are presented solely for the convenience of readers and the translation is not intended to imply that the
assets and liabilities which originated in yen have been or could readily be converted, realized or settled in U.S. dollars at the above or
any other rate.
3. Inventories
Inventories at March 31, 2013 and 2014 consist of the following:
Yen
(millions)
U.S. Dollars
(thousands)
At March 31 2013 2014 2014
Finished goods ¥122,258 ¥131,330 $1,275,049
Work in process 113,362 106,368 1,032,699
Raw materials and supplies 87,472 92,504 898,097
Total inventories ¥323,092 ¥330,202 $3,205,845
Amounts above are net of write-downs.
The amounts of write-downs recognized as cost of sales for the years ended March 31, 2013 and 2014 were ¥20,578 million and
¥33,472 million ($324,971 thousand), respectively.
4. Property, Plant and Equipment
Changes in property, plant and equipment, net of accumulated depreciation (including lease assets) are as follows:
Yen
(millions)
U.S. Dollars
(thousands)
Years ended March 31 2013 2014 2014
Land
Balance at beginning of year ¥115,614 ¥108,947 $1,057,738
Additions 287 90 874
Impairment loss 5,430 234 2,272
Translation differences 709 601 5,835
Other, net (2,233) (1,732) (16,816)
Balance at end of year ¥108,947 ¥107,672 $1,045,359
Buildings
Balance at beginning of year ¥284,631 ¥274,932 $2,669,243
Additions 28,689 23,685 229,951
Depreciation 22,916 24,052 233,515
Impairment loss 16,319 3,489 33,874
Translation differences 6,109 5,453 52,942
Other, net (5,262) (2,457) (23,854)
Balance at end of year ¥274,932 ¥274,072 $2,660,893
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
128 FUJITSU LIMITED ANNUAL REPORT 2014