Isuzu 2016 Annual Report Download - page 36

34
Isuzu Motors Limited
14. Impairment Loss on Fixed Assets
Impairment loss on fixed assets recognized in the consolidated financial
statements as of March 31, 2016 is as follows:
Thousands of
Type Millions of yen U.S. dollars
Building and structure
Machinery and equipment
Construction in progress
Other
¥ 328
5
6
2
$ 2,913
48
55
18
Thousands of
Location Usage Type Millions of yen U.S. dollars
Fujisawa-shi,
Kanagawa prefecture
Kawasaki-shi,
Kanagawa prefecture
and other
Total
¥ 317
25
¥ 342
Business
assets
Idle assets
and
Business
assets
Buildings, structures
and other
Buildings, structures,
machines, vehicles,
construction in progress
and other
$ 2,814
221
$ 3,036
The recoverable amounts of assets are estimated based on the net
amount that those assets could be sold (net selling amount) for land
and buildings. The net selling amount is determined by the appraisal
value based on real estate appraisal standards. Residual value is used
in assessing the value of other assets except the above-mentioned
when their recoverable amounts are difficult to obtain.
15. Notes to Consolidated Statements of
Comprehensive Income
The following table presents reclassification adjustments and tax effects
allocated to each component of other comprehensive income as of
March 31, 2016 and 2015:
Millions of yen Thousands of U.S. dollars
As of March 31, 2016
Cash and time deposits
Notes and
accounts receivable
Lease investment assets
Total
Millions of yen Thousands of U.S. dollars
As of March 31, 2015
Cash and time deposits
Notes and
accounts receivable
Lease investment assets
Total
Within one year
¥ 285,686
¥ 249,331
¥ 17,0 85
¥ 552,103
Over one year
—
—
¥ 47,6 43
¥ 47,6 43
Within one year
$ 2,535,38 0
$ 2,212,742
$ 151,627
$ 4,899,750
Over one year
—
—
$ 422,819
$ 422,819
Within one year
¥ 339,747
¥ 250,137
¥ 10,453
¥ 600,337
Over one year
—
—
¥ 33,688
¥ 33,688
Within one year
$ 2,827,220
$ 2,081,530
$ 86,986
$ 4,995,737
Over one year
—
—
$ 280,339
$ 280,339
Because market prices of unlisted equity securities of ¥6,077
million ($53,933 thousands) as of March 31, 2016 and ¥6,170 million
($51,351 thousands) as of March 31, 2015 and equity securities
of non-consolidated subsidiaries and affiliates of ¥85,869 million
($530,877 thousands) as of March 31, 2016 and ¥79,985 million
($665,606 thousands) as of March 31, 2015, respectively, are not
readily available, and their future cash flow cannot be estimated, it is
extremely difficult to assume their fair values. Therefore, they are not
included in “(4) Investment securities” mentioned above.
The redemption schedule for monetary receivables and marketable
securities with maturity dates as of March 31, 2016 and 2015 are as
follows:
As a general rule, assets were grouped into business assets,
idle assets and assets for rent. Idle assets and assets for rent were
individually grouped by each item. For rent assets and idle assets that
were in need for impairment due to the decline in fair value of land,
and business assets to be disposed of, their carrying values were
written down to the recoverable amounts.
As for business assets that had been decided to be disposed,
impairment loss, if any, is recognized at the point of time when the
decision is made on the disposal.
Thousands of
Millions of yen U.S. dollars
Details 2016 2015 2016
Unrealized holding gain on securities:
Gain (loss) arising during the current period
Reclassification adjustment for loss realized
Net current period change,
before income taxes
Income taxes on net current period change
Net unrealized holding gain on securities
Unrealized loss from hedging instruments:
Losses arising during the current period
Reclassification adjustment for gain realized
Net current period change,
before income taxes
Income taxes on net current period change
Net unrealized loss from hedging instruments
Revaluation reserve for land:
Gain (loss) arising during the current period
Income taxes on net current period change
Net revaluation reserve for land
Foreign currency translation adjustments:
Gain (loss) arising during the current period
Reclassification adjustment for gain realized
Net foreign currency translation adjustments
Remeasurements of defined benefit plans
Gain (loss) arising during the current period
Reclassification adjustment for loss realized
Net current period change,
before income taxes
Income taxes on net current period change
Net remeasurements of defined benefit plans
¥ (17,601)
—
(17, 601)
5,857
(11,743)
239
31
270
(71)
199
(346)
2,386
2,039
(42,094)
—
(42,094)
(4,637)
4,330
(306)
(196)
(503)
¥ 16,138
(0)
16,137
(4,414)
11,723
191
(80)
111
(35)
76
0
4,521
4,521
49,560
—
49,560
1,774
4,006
5,780
(749)
5,031
$ (156,204)
—
(156,204)
51,982
(104,222)
2,129
275
2,404
(630)
1,773
(3,075)
21,178
18,102
(373,576)
—
(373,576)
(41,152)
38,435
(2,717)
(1,751)
(4,468)
Breakdown of the impairment loss by asset type for 2016 is as follows: