Mitsubishi 2013 Annual Report Download - page 47

MITSUBISHI MOTORS CORPORATION
Annual Report 2013 45
12. Comprehensive Income
Reclassification adjustments to the Consolidated Statement of Income
and tax effects related to other comprehensive income for the years
ended March 31, 2013 and 2012 consisted of the following:
(In millions of yen)
(In thousands
of U.S. dollars)
For the years ended March 31,
2013 2012 2013
Valuation difference on
available-for-sale securities:
Amount arising in the year ¥ 1,946 ¥ (22) $ 20,696
Reclassification adjustments
for gains and losses
included in net income
(loss) (11,386) 0(121,072)
Before tax effect (9,440) (22) (100,375)
Tax effect 3,353 884 35,651
Valuation difference on
available-for-
sale securities (6,087) 861 (64,723)
Deferred gains or losses on
hedges:
Amount arising in the year 8,526 2,323 90,662
Reclassification adjustments
for gains and losses
included in net income
(loss) (8,019) (3,597) (85,264)
Before tax effect 507 (1,273) 5,397
Tax effect 240 449 2,553
Deferred gains or losses
on hedges 747 (823) 7,951
Foreign currency translation
adjustment:
Amount arising in the year 34,635 (3,899) 368,268
Reclassification adjustments
for gains and losses
included in net income
(loss) 8,181 (211) 86,990
Foreign currency
translation adjustment 42,817 (4,111) 455,258
Share of other
comprehensive income
of associates accounted
for using equity method:
Amount arising in the year 6,120 (1,749) 65,078
Reclassification adjustments
for gains and losses
included in net income
(loss) 3,233 —34,384
Share of other
comprehensive income
of associates accounted
for using equity method 9,354 (1,749) 99,462
Total other
comprehensive income ¥ 46,832 ¥(5,822) $ 497,949
13. Cash Flow Information
Cash and cash equivalents at March 31, 2013 and 2012 consisted
of the following:
(In millions of yen)
(In thousands
of U.S. dollars)
March 31,
2013 2012 2013
Cash and bank deposits ¥409,509 ¥311,631 $4,354,165
Time deposits with maturities
of more than three months (48,342) (638) (514,004)
Cash and cash equivalents ¥361,167 ¥310,993 $3,840,161
Interest paid less interest received and dividends received
included in Other, net within operating activities in the consolidated
statements of cash flows for the years ended March 31, 2013 and
2012 amounted to a net expense of ¥3,607 million ($38,360 thou-
sand) and ¥4,521 million, respectively. Income taxes paid included
in Other, net within operating activities in the consolidated state-
ments of cash flows for the years ended March 31, 2013 and 2012
amounted to ¥18,608 million ($197,853 thousand) and ¥13,532
million, respectively.
Purchases of property, plant and equipment within investing
activities in the consolidated statements of cash flows for the years
ended March 31, 2013 and 2012 includes payments for the acquisi-
tion of lease vehicles of ¥13,801 million ($146,744 thousand) and
¥8,626 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, 2013 and 2012 include proceeds from
the sale of lease vehicles of ¥6,831 million ($72,639 thousand) and
¥6,192 million, respectively.
Changes in finance receivables within operating activities in the
consolidated statements of cash flows for the years ended March
31, 2013 and 2012 are primarily the net of payments amounting
to ¥102,348 million ($1,088,231 thousand) and ¥140,727 million,
respectively, and proceeds from collections amounting to ¥117,501
million ($1,249,353 thousand) and ¥138,255 million, respectively.
The carrying value at the time of sale of the assets and liabilities
of the former subsidiary, Netherlands Car B.V., which was decon-
solidated as a result of its sale, was as follows:
Current assets ¥26,091 million ($277,417 thousand)
Non-current assets ¥68 million ($729 thousand)
Current liabilities ¥6,453 million ($68,617 thousand)
Non-current liabilities ¥2,169 million ($23,072 thousand)