NEC 2014 Annual Report Download - page 59

Download and view the complete annual report

Please find page 59 of the 2014 NEC annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 64

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64

Millions of Yen
Thousands of U.S.
Dollars (Note 1)
2012 2013 2014 2014
CASH FLOWS FROM INVESTING ACTIVITIES
Purchases of property, plant and equipment . . . . . . . . . . . . . . . . . . . . . . . . ¥ (39,772) ¥ (46,012) ¥ (89,458) $ (868,524)
Proceeds from sales of property, plant and equipment . . . . . . . . . . . . . . . 4,759 5,208 5,440 52,816
Acquisitions of intangible assets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (17,421) (14,556) (12,327) (119,680)
Purchases of investment securities . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (1,977) (1,159) (995) (9,660)
Proceeds from sales of investment securities . . . . . . . . . . . . . . . . . . . . . . . 1,999 27,601 14,907 144,728
Disbursements for acquisitions of shares of newly
consolidated subsidiaries . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (2,345) (58,072) (806) (7,825)
Proceeds from acquisitions of shares of newly
consolidated subsidiaries . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . — — 116 1,126
Proceeds from sales of shares of subsidiaries being excluded
from the consolidation . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1,178 553 42,504 412,660
Disbursements for sales of shares of subsidiaries being excluded
from the consolidation . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (4,308) (524) — —
Purchases of investments in affiliated companies . . . . . . . . . . . . . . . . . . . . (358) (582) (27,693) (268,864)
Proceeds from sales of investments in affiliated companies . . . . . . . . . . . . 6,779 1,151 26,515 257,427
(Increase) decrease in short-term loans receivable, net . . . . . . . . . . . . . . . (101) 187 (50) (485)
Disbursements for loans receivable . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (475) (17,543) (169) (1,641)
Collection of loans receivable . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 294 195 247 2,398
Others—net . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2,042 1,811 2,876 27,922
Net cash used in investing activities . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (49,706) (101,742) (38,893) (377,602)
CASH FLOWS FROM FINANCING ACTIVITIES
Decrease in short-term borrowings, net . . . . . . . . . . . . . . . . . . . . . . . . . . . (85,998) (70,289) (26,745) (259,660)
Proceeds from long-term borrowings . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 191,760 58,456 138,630 1,345,922
Repayments of long-term borrowings . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (20,351) (82,996) (76,239) (740,185)
Proceeds from issuance of bonds . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 30,000 — — —
Redemption of bonds . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . — — (70,000) (679,612)
Redemption of convertible bonds . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (97,669) — — —
Dividends paid . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (39) (4) (10,378) (100,757)
Dividends paid to minority shareholders . . . . . . . . . . . . . . . . . . . . . . . . . . . (3,211) (3,949) (5,218) (50,660)
Others—net . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 200 (25) (33) (320)
Net cash provided by (used in) financing activities . . . . . . . . . . . . . . . . . . . 14,692 (98,807) (49,983) (485,272)
EFFECT OF EXCHANGE RATE CHANGES ON CASH
AND CASH EQUIVALENTS . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (879) 6,200 4,257 41,330
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS . . . . . . . 47,964 (50,601) 9,505 92,281
CASH AND CASH EQUIVALENTS, AT BEGINNING OF YEAR . . . . . . . . . . . . 203,879 251,843 197,132 1,913,903
DECREASE IN CASH AND CASH EQUIVALENTS RESULTING
FROM CHANGE OF SCOPE OF CONSOLIDATION . . . . . . . . . . . . . . . . . . . — (4,110) — —
CASH AND CASH EQUIVALENTS, AT END OF YEAR . . . . . . . . . . . . . . . . . . ¥251,843 ¥ 197,132 ¥206,637 $2,006,184
NON-CASH INVESTING AND FINANCING ACTIVITIES
Finance leases . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ¥ 2,372 ¥ 1,670 ¥ 1,326 $ 12,874
Contribution of securities to retirement benefit trust . . . . . . . . . . . . . . . . . . — 26,437 — —
58
NEC Corporation
Annual Report 2014
IV
Corporate Data