Konica Minolta 1999 Annual Report Download - page 20

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16 KONICA
Consolidated Balance Sheets
KONICA CORPORATION AND CONSOLIDATED SUBSIDIARIES
March 31, 1999 and 1998
Thousands of
Millions of yen U.S. dollars (Note 2)
1999 1998 1999
ASSETS
Current Assets:
Cash and cash equivalents........................................................................................................... ¥ 40,053 ¥ 42,815 $ 328,303
Marketable securities (Note 3)...................................................................................................... 28,939 36,661 237,205
Trade receivables (Note 4):
Notes......................................................................................................................................... 27,069 31,225 221,877
Accounts................................................................................................................................... 125,257 130,175 1,026,697
Less: Allowance for doubtful receivables ................................................................................. (7,599) (6,705) (62,287)
Inventories:
Finished goods ......................................................................................................................... 76,929 86,648 630,566
Work in process and raw materials .......................................................................................... 42,899 53,436 351,631
Deferred income taxes (Note 7).................................................................................................... 5,688 7,788 46,623
Other current assets ..................................................................................................................... 10,005 10,813 82,008
Total current assets ...................................................................................................... 349,240 392,856 2,862,623
Investments and Other Assets:
Investment securities (Note 3)...................................................................................................... 15,180 15,147 124,426
Investments in and loans to unconsolidated
subsidiaries and affiliates (Note 4).............................................................................................. 3,647 8,798 29,894
Long-term loans............................................................................................................................ 3,346 3,111 27,426
Deferred income taxes (Note 7).................................................................................................... 21,036 —172,426
Other assets.................................................................................................................................. 28,249 36,346 231,549
...................................................................................................................................................... 71,458 63,402 585,721
Property, Plant and Equipment, at Cost (Note 6):
Land .............................................................................................................................................. 20,579 19,887 168,680
Buildings and structures............................................................................................................... 109,834 103,386 900,279
Machinery and equipment ............................................................................................................ 290,258 285,123 2,379,164
Construction in progress .............................................................................................................. 5,003 10,642 41,008
...................................................................................................................................................... 425,674 419,038 3,489,131
Less: Accumulated depreciation .................................................................................................. (264,140) (259,165) (2,165,082)
...................................................................................................................................................... 161,534 159,873 1,324,049
Costs in Excess of Net Assets Acquired ...................................................................................... —72 —
Adjustments on Foreign Currency Statement Translation ......................................................... 6,969 12,860 57,123
.......................................................................................................................................................... ¥589,201 ¥629,063 $4,829,516
The accompanying Notes to Consolidated Financial Statements are an integral part of these statements.