Honda 2015 Annual Report Download - page 37

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Yen (millions)
2014 2015
Cash flows from operating activities:
Profit before income taxes ¥ 933,903 ¥ 806,237
Depreciation, amortization and
impairment losses excluding equipment
on operating leases 588,132 625,229
Share of profit of investments accounted
for using the equity method (130,916) (96,097)
Finance income and finance costs, net (27,945) (41,941)
Interest income and interest costs
from financial services, net (167,397) (172,275)
Changes in assets and liabilities
Trade receivables (47,084) (45,839)
Inventories (66,991) (56,285)
Trade payables 84,520 22,246
Accrued expenses 2,527 8,865
Provisions and retirement benefit liabilities (24,228) 107,324
Receivables from financial services (423,106) 316,962
Equipment on operating leases (248,604) (535,165)
Other assets and liabilities (14,135) 45,255
Other, net (4,211) (12,931)
Dividends received 107,629 114,501
Interest received 224,232 236,344
Interest paid (88,582) (89,804)
Income taxes paid (248,636) (212,222)
Net cash provided by operating activities 449,108 1,020,404
Consolidated Statements of Cash Flows
Years ended March 31, 2014 and 2015
Yen (millions)
2014 2015
Cash flows from investing activities:
Payments for additions to property,
plant and equipment ¥ (718,431) ¥ (648,205)
Payments for additions to and internally
developed intangible assets (208,752) (234,915)
Proceeds from sales of property,
plant and equipment and intangible assets 19,586 33,243
Proceeds from sales of subsidiaries, net of
cash and cash equivalents disposed of 9,129 —
Payments for acquisitions of investments
accounted for using the equity method —(1,971)
Proceeds from sales of investments
accounted for using the equity method 3,812 —
Payments for acquisitions of other
financial assets (108,510) (108,873)
Proceeds from sales and redemptions of
other financial assets 75,429 119,897
Other, net 6,714 328
Net cash used in investing activities (921,023) (840,496)
Cash flows from financing activities:
Proceeds from short-term financing liabilities 8,561,912 8,731,773
Repayments of short-term financing liabilities (8,568,859) (8,602,054)
Proceeds from long-term financing liabilities 1,597,530 1,505,732
Repayments of long-term financing liabilities (1,059,235) (1,389,121)
Dividends paid to owners of the parent (142,381) (158,601)
Dividends paid to non-controlling interests (11,296) (21,513)
Purchases and sales of treasury stock, net (25) (16)
Other, net (22,188) (53,712)
Net cash provided by financing activities 355,458 12,488
Effect of exchange rate changes on
cash and cash equivalents 39,429 85,750
Net change in cash and cash equivalents (77,028) 278,146
Cash and cash equivalents at
beginning of year 1,270,612 1,193,584
Cash and cash equivalents at end of year ¥ 1,193,584 ¥ 1,471,730
Honda Motor Co., Ltd. Annual Report 2015 36
6 Financial Section
1 The Power of Dreams
2 Financial Highlights
3 To Our Shareholders
4 Review of Operations
5 Corporate Governance
7
Investor Relations
Information
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