Nissan 2006 Annual Report Download - page 75

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FINANCIAL SECTION
Nissan Annual Report 2005 73
14. RETAINED EARNINGS
Other changes in retained earnings for each of the three years in the period ended March 31, 2006 were as follows:
Thousands of
Millions of yen U.S. dollars
2005 2004 2003 2005
For the years ended Mar. 31, 2006 Mar. 31, 2005 Mar. 31, 2004 Mar. 31, 2006
Adjustments for revaluation of accounts
of consolidated subsidiaries based on
general price-level accounting (Note 1 (b))................................................................................................... ¥ 9,331 ¥12,942 ¥ 9,460 $ 79,752
Loss on disposition of treasury stock.......................................................................................................... (11,507) (4,700) (8,171) (98,350)
Effect of adoption of accounting standard
for retirement benefits by overseas subsidiaries (Note 2 (b)) ........................................................ —— (18,132) —
Decrease due to increase in unfunded retirement benefit
obligation of overseas subsidiaries............................................................................................................. (884) (369) — (7,556)
Adjustments to retained earnings at beginning of
the year for inclusion in or exclusion from consolidation
or the equity method of accounting for subsidiaries
and affiliates, and certain other adjustments...................................................................................... (2,672) 1,104 (4,176) (22,838)
Changes in land revaluation of overseas subsidiaries................................................................... 1,646 2,182 — 14,068
Decrease due to one affiliate’s transition to International
Financial Reporting Standards.......................................................................................................................... (6,004) ——(51,317)
..................................................................................................................................................................................................... ¥(10,090) ¥11,159 ¥(21,019) $(86,241)
15. SUPPLEMENTARY CASH FLOW INFORMATION
The following is a summary of the assets and liabilities of Calsonic Kansei Corporation and its 11 subsidiaries, which were newly consolidated
following the acquisition of their shares through a private placement during the year ended March 31, 2005:
Millions of yen
2004
For the year ended Mar. 31, 2005
Current assets............................................................................................................................................................................................................................................................................. ¥ 69,926
Fixed assets.................................................................................................................................................................................................................................................................................. 126,242
Total assets................................................................................................................................................................................................................................................................................... ¥196,168
Current liabilities ....................................................................................................................................................................................................................................................................... ¥ (21,146)
Long-term liabilities................................................................................................................................................................................................................................................................ (55,714)
Total liabilities.............................................................................................................................................................................................................................................................................. ¥ (76,860)
The following is a summary of the assets and liabilities of Dongfeng Motor Co., Ltd., which was newly consolidated as a result of the transfer of all
its shares to the Company’s consolidated subsidiary, Nissan China Investment Co., Ltd., during the year ended March 31, 2005:
Millions of yen
2004
For the year ended Mar. 31, 2005
Current assets............................................................................................................................................................................................................................................................................. ¥ 106,744
Fixed assets.................................................................................................................................................................................................................................................................................. 44,094
Total assets................................................................................................................................................................................................................................................................................... ¥ 150,838
Current liabilities ....................................................................................................................................................................................................................................................................... ¥(109,922)
Long-term liabilities................................................................................................................................................................................................................................................................ (22,218)
Total liabilities.............................................................................................................................................................................................................................................................................. ¥(132,140)