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60 Nissan Annual Report 2008
Prior fiscal year Current fiscal year
From April 1, 2006 From April 1, 2007
[
To March 31, 2007
][
To March 31, 2008
]
Prior fiscal year Current fiscal year
From April 1, 2006 From April 1, 2007
[
To March 31, 2007
][
To March 31, 2008
]
*1 Cash and cash equivalents as of the year end are reconciled
to the accounts reported in the consolidated balance sheet as
follows:
As of March 31, 2007:
Cash on hand and in banks ¥457,925
Time deposits with maturities of more than
three months (14,356)
Cash equivalents included
in securities (*) 25,819
Cash and cash equivalents ¥469,388
* This represents short-term, highly liquid investments readily
convertible into cash held by foreign subsidiaries.
(Lessees’ accounting)
Operating lease transactions
Future minimum lease payments subsequent to March 31, 2007
are summarized as follows:
Due in one year or less ¥ 7,098
Due after one year 25,470
Total ¥32,568
(Lessors’ accounting)
Operating lease transactions
Future minimum lease income subsequent to March 31, 2007 is
summarized as follows:
Due in one year or less ¥382,028
Due after one year 418,280
Total ¥800,308
1.*1 Cash and cash equivalents as of the year end are reconciled
to the accounts reported in the consolidated balance sheet as
follows:
As of March 31, 2008:
Cash on hand and in banks ¥570,225
Time deposits with maturities of
more than three months (10,394)
Cash equivalents included
in securities (*) 24,271
Cash and cash equivalents ¥584,102
* This represents short-term, highly liquid investments readily
convertible into cash held by foreign subsidiaries.
2.*2 Major components of the assets and liabilities of the
companies that have been consolidated by acquiring their
shares
The following assets and liabilities have been consolidated
as a result of consolidating Atlet AB and its 16 subsidiaries
through the acquisition of their shares. The relation between
the acquisition value of these shares and the net
disbursement due to the acquisition is as follows.
Current assets ¥26,596
Fixed assets 14,158
Goodwill 5,063
Current liabilities (12,186)
Long-term liabilities (17,634)
Minority interests 0
Acquisition value of shares 15,997
Cash and cash equivalents (1,642)
Net disbursement due to the acquisition ¥14,355
(Lessees’ accounting)
Operating lease transactions
Future minimum lease payments subsequent to March 31, 2008
are summarized as follows:
Due in one year or less ¥ 7,109
Due after one year 19,985
Total ¥27,094
(Lessors’ accounting)
Operating lease transactions
Future minimum lease income subsequent to March 31, 2008 is
summarized as follows:
Due in one year or less ¥343,764
Due after one year 349,479
Total ¥693,243
(Millions of yen)
(Millions of yen)
(For lease transactions)
(For consolidated statements of cash flows)