Nissan 2004 Annual Report Download - page 53

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Nissan Annual Report 2003 51
Thousands of
Millions of yen U.S. dollars(Note 3)
2003 2002 2003
LIABILITIES AND SHAREHOLDERS’ EQUITY
As of Mar. 31, 2004 Mar. 31, 2003 Mar. 31, 2004
Current liabilities:
Short-term borrowings and current portion of
long-term debt(Note 8) ¥1,411,262 ¥1,315,222 $13,313,792
Notes and accounts payable(Note 7) 1,126,277 1,047,364 10,625,255
Accrual for warranty costs 45,550 –429,717
Accrued income taxes(Note 13) 94,008 36,907 886,868
Other current liabilities 425,384 522,325 4,013,057
Total current liabilities 3,102,481 2,921,818 29,268,689
Long-term liabilities:
Long-term debt(Note 8) 1,694,793 1,603,246 15,988,613
Accrued retirement benefits(Note 9) 442,266 433,266 4,172,321
Accrual for warranty costs 107,047 154,582 1,009,877
Other long-term liabilities 385,490 339,516 3,636,698
Total long-term liabilities 2,629,596 2,530,610 24,807,509
Minority interests in consolidated subsidiaries 103,785 88,451 979,104
Shareholders’ equity(Notes 10, 14 and 22):
Common stock, without par value:
Authorized—6,000,000,000 shares;
Issued —4,520,715,112 shares in 2003 and 2002 605,814 605,814 5,715,226
Capital surplus 804,470 804,470 7,589,340
Retained earnings 1,286,299 878,655 12,134,896
Unrealized holding gain on securities 4,392 1,831 41,434
Translation adjustments (431,744) (320,276) (4,073,057)
2,269,231 1,970,494 21,407,839
Less treasury common stock, at cost; 122,116,426 shares in 2003
and 54,512,876 shares in 2002 (245,237) (162,190) (2,313,556)
Total shareholders’ equity 2,023,994 1,808,304 19,094,283
Commitments and contingencies(Note 17)
Total liabilities and shareholders’ equity ¥7,859,856 ¥7,349,183 $74,149,585
See notes to consolidated financial statements.