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72 MITSUBISHI MOTORS CORPORATION ANNUAL REPORT 2006
15. Other Loss, Net
Other loss, net for the years ended March 31, 2006 and 2005 consisted of the following:
In thousands of
In millions of yen U.S. dollars
2006 2005 2006
Gain on sales of investments in securities ¥ 130 ¥ 1,331 $ 1,114
Gain (loss) on sales and disposal of property, plant and equipment
and intangible assets 1,862 (16,189) 15,854
Income (loss) from affiliated companies 1,453 (13,002) 12,374
Severance payments for early retirement (3,183) (16,283) (27,101)
Amortization of consolidation goodwill 767 1,441 6,537
Provision for losses on restructuring (14,766) (29,530) (125,708)
Litigation expenses (5,732) (3,184) (48,803)
Foreign exchange losses (3,395) (2,007) (28,905)
Extraordinary measure expenses —(25,247) —
Stock issuance costs (295) (12,854) (2,513)
Loss compensation based on stocks transfer contracts (1,186) (74,736) (10,104)
Other (5,623) (40,044) (47,870)
¥(29,969) ¥(230,304) $(255,125)
16. Cash Flow Information
Cash and cash equivalents at March 31, 2006 and 2005 consisted of the following:
In thousands of
In millions of yen U.S. dollars
2006 2005 2006
Cash and bank deposits ¥259,045 ¥307,474 $2,205,202
Time deposits with maturities of three months or more (16,331) (16,791) (139,027)
Short-term investments maturing within three months
from the acquisition date 5,355 4,220 45,491
Cash and cash equivalents ¥248,069 ¥294,903 $2,111,767
Interest paid less interest received and dividends received within operating activities in the consolidated state-
ments of cash flows for the years ended March 31, 2006 and 2005 amounted to a net expense of ¥12,603 million
($107,291 thousand) and ¥15,927 million, respectively. Income taxes paid for the years ended March 31, 2006
and 2005 amounted to ¥2,680 million ($22,814 thousand) and ¥4,675 million, respectively.
Purchases of property, plant and equipment within investing activities in the consolidated statements of cash
flows for the years ended March 31, 2006 and 2005 included payments for the acquisition of lease vehicles of ¥8,904
million ($75,801 thousand) and ¥16,061 million, respectively.
Proceeds from sales of property, plant and equipment within investing activities in the consolidated statements of
cash flows for the years ended March 31, 2006 and 2005 included proceeds from sale of lease vehicles of
¥16,323 million ($138,958 thousand) and ¥36,276 million, respectively.
Changes in finance receivables within operating activities in the consolidated statements of cash flows for the years
ended March 31, 2006 and 2005 are primarily the net of payments amounting to ¥89,546 million ($762,289
thousand) and ¥95,011 million, respectively, and proceeds from collections amounting to ¥96,441 million
($820,984 thousand) and ¥223,580 million, respectively.