Honda 2008 Annual Report Download - page 64

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A n n u a l R e p o r t 2 0 0 8
6 2
Consolidated Balance Sheets
Honda Motor Co., Ltd. and Subsidiaries
March 31, 2007 and 2008 Yen
(millions)
U.S. dollars
(millions)
(note 2)
Assets 2007* 2008 2008
Current assets:
Cash and cash equivalents ¥ 945,546 ¥ 1,050,902 $ 10,489
Trade accounts and notes receivable, net of allowance
for doubtful accounts of ¥8,199 million in 2007 and
¥8,181 million ($82 million) in 2008 (notes 4 and 20) 1,055,470 1,021,743 10,198
Finance subsidiaries—receivables, net (notes 4, 9 and 20) 1,426,224 1,340,728 13,382
Inventories (note 5) 1,183,116 1,199,260 11,970
Deferred income taxes (note 11) 155,390 158,825 1,585
Other current assets (notes 7, 9 and 16) 426,863 460,110 4,592
Total current assets 5,192,609 5,231,568 52,216
Finance subsidiaries—receivables, net (notes 4, 9 and 20) 3,039,826 2,707,820 27,027
Investments and advances:
Investments in and advances to affiliates (note 6) 497,337 549,812 5,488
Other, including marketable equity securities (note 7) 254,610 222,110 2,217
Total investments and advances 751,947 771,922 7,705
Property on operating leases (note 8):
Vehicles 345,909 1,014,412 10,125
Less accumulated depriciation 9,700 95,440 953
Net property on operating leases 336,209 918,972 9,172
Property, plant and equipment, at cost (note 9):
Land 429,373 457,352 4,565
Buildings 1,322,394 1,396,934 13,943
Machinery and equipment 2,988,064 3,135,513 31,296
Construction in progress 204,318 227,479 2,270
4,944,149 5,217,278 52,074
Less accumulated depreciation and amortization 2,865,421 3,015,979 30,103
Net property, plant and equipment 2,078,728 2,201,299 21,971
Other assets (notes 4, 9, 11, 13 and 16) 637,181 783,962 7,825
Total assets ¥12,036,500 ¥12,615,543 $125,916
See accompanying notes to consolidated financial statements.
*See note 3.