Konica Minolta 2015 Annual Report Download - page 109

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Millions of yen
Thousands of
U.S. dollars
2015 2014 2015
Share of profit in investments accounted for using the equity method ········· ¥35 (¥1,163) $291
Share of other comprehensive income of investments accounted for
using the equity method ································································································································································ 5 2 42
Total share of comprehensive income for the year ··········································································· ¥41 (¥1,160) $341
Millions of yen
Thousands of
U.S. dollars
2015 2014 2013 2015
Carrying amount of investments accounted for using
the equity method ······················································································································ ¥524 ¥486 ¥1,490 $4,360
(1) As lessee
1)Finance leases
The Group leases a variety of property, plant and equipment under finance lease agreements. Some of these leases include a
renewal-or-purchase option. The Group does not engage in sublease agreements, escalation clauses or restrictions imposed by
lease agreement (such as limitations on dividend, additional borrowing or additional leases).
For each reporting date, future minimum lease payments and their present values based on finance lease agreements for each
repayment period are as follows:
15. Leases
Information related to associates is below. The Company has no material associates.
14. Investments accounted for using the equity method
Millions of yen
Thousands
of U.S.
dollars Millions of yen
Thousands
of U.S.
dollars
Minimum lease payments Present value of minimum lease payments
2015 2014 2013 2015 2015 2014 2013 2015
Less than 1 year ····················································· ¥2,948 ¥2,365 ¥1,921 $24,532 ¥2,704 ¥1,973 ¥1,686 $22,501
1-5 years ············································································· 3,679 4,412 4,022 30,615 3,428 4,218 3,702 28,526
More than 5 years ··············································· 115 130 151 957 111 122 149 924
Total ····························································································· 6,743 6,908 6,095 56,112 ¥6,244 ¥6,315 ¥5,538 $51,960
Less:Future finance cost ························· 498 593 556 4,144
Present value of minimum lease
payments ············································································ ¥6,244 ¥6,315 ¥5,538 $51,960
2) Operating leases
The Group uses a variety of property, plant and equipment under non-cancellable operating lease agreements.
Lease expenses presented in the consolidated statements of profit or loss for fiscal year ended March 31, 2014 and 2015 are
¥5,696 million and ¥8,913 million, respectively.
Future minimum lease payments under non-cancellable operating leases are as follows:
Millions of yen Thousands of U.S. dollars
2015 2014 2015
Less than 1 year ··························································· ¥ 7,546 ¥ 7,532 $ 62,794
1-5 years ··················································································· 11,804 12,767 98,228
More than 5 years ····················································· 1,379 1,221 11,475
Total ··································································································· ¥20,729 ¥21,521 $172,497
108
KONICA MINOLTA, INC. Annual Report 2015
Foundation for GrowthBusiness StrategiesGrowth StrategyCompany Overview and Characteristics Financial Report