Mitsubishi 2007 Annual Report Download - page 53

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51
Consolidated Statements of Changes in Net Assets
Mitsubishi Motors Corporation and Consolidated Subsidiaries
For the years ended March 31, 2007 and 2006
In thousands of
U.S. dollars
In millions of yen (Note 4)
2007 2006 2007
Stockholders’ equity
Preferred stock:
Balance at beginning of year ¥221,296 ¥263,096 $1,874,599
Preferred stock issued or converted —(41,800) —
Balance at end of year 221,296 221,296 1,874,599
Common stock:
Balance at beginning of year 436,040 379,204 3,693,693
Common stock issued or converted 556,836 47
Balance at end of year 436,046 436,040 3,693,740
Capital surplus:
Balance at beginning of year 432,648 417,612 3,664,960
Issuance or conversion of common and preferred stock 515,035 46
Balance at end of year 432,654 432,648 3,665,007
Accumulated deficit:
Balance at beginning of year (749,198) (656,068) (6,346,448)
Net income 8,745 (92,166) 74,081
Effect of Australian subsidiary for adopting
new accounting standards —(962) —
Effect of deconsolidation of subsidiaries (1) —(14)
Balance at end of year (740,454) (749,198) (6,272,380)
Treasury stock:
Balance at beginning of year (12) (8) (108)
Net change (0) (4) (7)
Balance at end of year (13) (12) (115)
Total stockholders’ equity 349,528 340,774 2,960,851
Valuation, translation adjustments and others
Unrealized holding gain on securities:
Balance at beginning of year 9,046 9,208 76,636
Net change 1,085 (161) 9,196
Balance at end of year 10,132 9,046 85,832
Deferred gains/losses on hedging activities:
Balance at beginning of year ———
Net change 1,393 —11,806
Balance at end of year 1,393 —11,806
Translation adjustments:
Balance at beginning of year (81,142) (88,262) (687,358)
Net change 15,869 7,119 134,433
Balance at end of year (65,272) (81,142) (552,924)
Total valuation, translation adjustments and others (53,746) (72,096) (455,284)
Minority Interest:
Balance at beginning of year 12,580 10,229 106,568
Net change (58) 2,351 (493)
Balance at end of year 12,522 12,580 106,074
Total net assets ¥308,304 ¥281,258 $2,611,640
See accompanying notes to consolidated financial statements.
Consolidated Statements of Operations / Consolidated Statements of Changes in Net Assets