Nissan 2007 Annual Report Download - page 51

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Thousands of
Millions of yen U.S. dollars (Note 3)
2006 2005 2006
LIABILITIES AND NET ASSETS (SHAREHOLDERS’ EQUITY)
As of Mar. 31, 2007 Mar. 31, 2006 Mar. 31, 2007
Current liabilities:
Short-term borrowings and current portion of long-term debt (Note 8) ¥3,147,832 ¥2,592,289 $26,676,542
Notes and accounts payable (Note 7) 1,692,523 1,532,320 14,343,415
Accrual for warranty costs 92,279 81,112 782,025
Accrued income taxes (Note 13) 71,865 105,987 609,025
Other current liabilities 570,820 540,001 4,837,459
Total current liabilities 5,575,319 4,851,709 47,248,466
Long-term liabilities:
Long-term debt (Note 8) 1,956,661 2,225,603 16,581,873
Accrued retirement benefits (Note 9) 194,494 267,695 1,648,254
Accrual for warranty costs 130,111 132,107 1,102,636
Other long-term liabilities 668,629 630,436 5,666,348
Total long-term liabilities 2,949,895 3,255,841 24,999,111
Minority interests — 285,893 —
Net assets (Note 10):
Common stock, without par value:
Authorized — 6,000,000,000 shares;
Issued — 4,520,715,112 shares in 2006 605,814 —5,134,017
Capital surplus 804,470 —6,817,542
Retained earnings 2,402,726 —20,362,085
Less treasury stock, at cost; 409,296,746 shares in 2006 (226,394) —(1,918,593)
Total shareholders’ equity 3,586,616 —30,395,051
Valuation, translation adjustments and others (41,379) —(350,670)
Share subscription rights 2,711 —22,975
Minority interests 329,046 —2,788,525
Total net assets 3,876,994 —32,855,881
Commitments and contingencies (Note 17)
Total liabilities and net assets ¥12,402,208 —$105,103,458
Shareholders’ equity (Notes 10 and 14):
Common stock, without par value:
Authorized — 6,000,000,000 shares;
Issued — 4,520,715,112 shares in 2005 —605,814 —
Capital surplus —804,470 —
Retained earnings —2,116,825 —
Unrealized holding gain on securities —14,340 —
Translation adjustments —(204,313) —
—3,337,136 —
Less treasury stock, at cost; 422,762,529 shares in 2005 —(249,153) —
Total shareholders’ equity —3,087,983 —
Commitments and contingencies (Note 17)
Total liabilities and shareholders’ equity — ¥11,481,426 —
See notes to consolidated financial statements.
Nissan Annual Report 2006-2007 49
FINANCIAL SECTION»