Mitsubishi 2014 Annual Report Download - page 64

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(b) Transactions with unconsolidated subsidiaries and affiliates of
the reporting company (MMC)
No significant items to be reported for the year ended March 31,
2014 and 2013.
(Note)
1. Consumption tax is excluded from the transaction amount and included in
the balance at year end.
2. Contract terms and the policy to determine the contract terms: Sales price
of products is determined based on market price and overall cost.
Major affiliates
Summarized financial information of the major affiliates
MMC Diamond Finance Corp. is the major affiliate of reporting
company (MMC) for the year ended March 31, 2014 and 2013.
The summarized financial information for the same fiscal years are
shown below:
(In millions of yen)
(In thousands
of U.S. dollars)
For the years ended March 31,
2014 2013 2014
Total current assets ¥318,782 ¥293,852 $3,097,377
Total non-current assets 15,024 16,826 145,986
Total current liabilities 226,316 212,023 2,198,958
Total non-current
liabilities 90,805 84,117 882,292
Total net assets 16,684 14,536 162,113
Net sales 27,749 25,669 269,626
Income before
income taxes 3,569 2,978 34,681
Net income 2,147 1,754 20,868
23. Income and Equity per Share
Net income and equity per share of common stock for the years
ended March 31, 2014 and 2013 are summarized as follows:
(In yen)
(In U.S.
dollars)
March 31,
2014 2013 2014
Net income (loss) per share
of common stock
Basic ¥156.60 ¥ 66.05 $1.52
Diluted 104.29 37.09 1.01
Stockholders’ equity per
share of common stock 549.63 (92.12) 5.34
Ten shares of common stock were consolidated into one share on
August 1, 2013, and stockholders’ equity per share of common
stock and net income per share of common stock were calculated
as if the consolidation of shares had been carried out on the begin-
ning of this fiscal year.
The computations of net income per share of common stock for
the years ended March 31, 2014 and 2013 are as follows:
(In millions of yen)
(In thousands
of U.S. dollars)
For the years ended March 31,
2014 2013 2014
Numerator for basic net
income (loss) per share of
common stock:
Net income (loss)
¥104,664 ¥37,978 $1,016,954
Income not available to
common stockholders
———
Income available to
common stockholders
¥104,664 ¥37,978 $1,016,954
Denominator for net income
(loss) per share of common
stock:
Weighted average number
of shares (in thousands)
668,367 574,989
Number of dilutive
potential common
shares (in thousands)
335,179 488,478
(Preferred stock)
(335,179) (488,478)
24. Business Combinations and Divestitures
No significant matters to disclose.
25. Subsequent Event
No significant matters to disclose.
MITSUBISHI MOTORS CORPORATION
Annual Report 2014
62