Honda 2008 Annual Report Download - page 79

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A n n u a l R e p o r t 2 0 0 8 7 7
Certain combined financial information in respect of affiliates accounted for under the equity method at March 31, 2007
and 2008, and for each of the years in the three-year period ended March 31, 2008 is shown below:
Yen
(millions)
U.S. dollars
(millions)
(note 2)
2007 2008 2008
Current assets ¥1,434,855 ¥1,576,260 $15,732
Other assets, principally property, plant and equipment 1,317,057 1,409,729 14,071
Total assets 2,751,912 2,985,989 29,803
Current liabilities 1,038,968 1,139,403 11,372
Other liabilities 306,418 333,601 3,330
Total liabilities 1,345,386 1,473,004 14,702
Stockholders’ equity ¥1,406,526 ¥1,512,985 $15,101
Yen
(millions)
U.S. dollars
(millions)
(note 2)
2006 2007 2008 2008
Net sales ¥3,426,348 ¥4,598,573 ¥5,275,548 $52,655
Net income 229,640 268,577 283,927 2,834
Cash dividends received by Honda during the year 64,055 54,849 67,764 676
Sales to affiliates by the Company and its subsidiaries and
sales among such affiliates are made on the same basis as
sales to unaffiliated parties.
Honda’s equity in undistributed income of affiliates at March
31, 2007 and 2008 included in retained earnings was ¥354,552
million and ¥400,703 million ($3,999 million), respectively.
Trade receivables and trade payables include the following balances with affiliates at March 31, 2007 and 2008, and
purchases and sales include the following transactions with affiliates for each of the years in the three-year period ended
March 31, 2008. Honda mainly purchases materials, supplies and services from affiliates, and sells parts used in its products,
equipment and services to affiliates.
Yen
(millions)
U.S. dollars
(millions)
(note 2)
2007 2008 2008
Trade receivables from ¥ 77,317 ¥104,232 $1,040
Trade payables to 155,603 159,848 1,595
Yen
(millions)
U.S. dollars
(millions)
(note 2)
2006 2007 2008 2008
Purchases from ¥611,711 ¥1,083,686 ¥ 1,066,342 $10,643
Sales to 155,195 329,398 366,832 3,661