Honda 2007 Annual Report Download - page 113

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111
Yen (millions)
Additions Deductions
Balance at Charged to Balance at
beginning costs and Bad debts Translation end of
of period expenses written off difference period
March 31, 2007:
Trade accounts and notes receivable
Allowance for doubtful accounts ¥10,689 ¥02,918 ¥05,850 ¥0,442 ¥08,199
Finance subsidiaries-receivables
Allowance for credit losses ¥32,950 ¥27,286 ¥27,273 ¥0,549 ¥33,512
Allowance for losses on lease residual values 37,774 16,842 20,807 119 33,928
¥70,724 ¥44,128 ¥48,080 ¥0,668 ¥67,440
U.S. dollars (millions) (note 2)
Additions Deductions
Balance at Charged to Balance at
beginning costs and Bad debts Translation end of
of period expenses written off difference period
March 31, 2007:
Trade accounts and notes receivable
Allowance for doubtful accounts $090 $025 $050 $4 $069
Finance subsidiaries-receivables
Allowance for credit losses $279 $231 $231 $5 $284
Allowance for losses on lease residual values 320 143 177 1 287
$599 $374 $408 $6 $571
21. Segment Information
Honda has four reportable segments: the Motorcycle busi-
ness, the Automobile business, the Financial services busi-
ness and the Power product and other businesses, which
are based on Honda’s organizational structure and character-
istics of products and services. Operating segments are
defined as components of Honda’s about which separate
financial information is available that is evaluated regularly by
management in deciding how to allocate resources and in
assessing performance. The accounting policies used for
these reportable segments are consistent with the account-
ing policies used in Honda’s consolidated financial state-
ments.
Principal products and functions of each segment are as follows:
Segment Principal products and services Functions
Motorcycle business Motorcycles, all-terrain vehicles (ATVs), Research & Development
personal watercrafts and relevant parts Manufacturing
Sales and related services
Automobile business Automobiles and relevant parts Research & Development
Manufacturing
Sales and related services
Financial services business Financial, insurance services Retail loan and lease related to Honda products
Others
Power product and Power products and relevant Research & Development
other businesses parts, and others Manufacturing
Sales and related services
Others