Nissan 2014 Annual Report Download - page 30

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FINANCIAL STATEMENTS
Consolidated balance sheets (China JV Equity basis)
(Millions of yen)
FY2012
As of March 31, 2013
FY2013
As of March 31, 2014
Liabilities
Current liabilities
Trade notes and accounts payable 1,168,584 1,511,910
Short-term borrowings 519,796 706,576
Current portion of long-term borrowings 779,856 910,546
Commercial papers 219,453 151,175
Current portion of bonds 181,336 226,590
Lease obligations 32,673 32,838
Accrued expenses 598,890 693,438
Deferred tax liabilities 116 316
Accrued warranty costs 80,311 93,151
Other 672,245 860,709
Total current liabilities 4,253,260 5,187,249
Long-term liabilities
Bonds 671,693 918,783
Long-term borrowings 2,352,170 2,682,381
Lease obligations 22,795 23,580
Deferred tax liabilities 555,249 605,140
Accrued warranty costs 89,021 105,884
Accrued retirement benefits 164,672 ―
Net defined benefit liability ―216,583
Other 297,447 292,275
Total long-term liabilities 4,153,047 4,844,626
Total liabilities 8,406,307 10,031,875
Net assets
Shareholders’ equity
Common stock 605,814 605,814
Capital surplus 804,470 804,485
Retained earnings 3,252,876 3,526,646
Treasury stock (149,549) (149,315)
Total shareholders equity 4,513,611 4,787,630
Accumulated other comprehensive income
Unrealized holding gain and loss on securities 20,897 81,630
Unrealized gain and loss from hedging instruments (8,578) (7,015)
Adjustment for revaluation of the accounts of the consolidated
subsidiaries based on general price level accounting (13,945) (13,945)
Translation adjustments (780,137) (469,202)
Remeasurements of defined benefit plans ―(40,444)
Total accumulated other comprehensive income (781,763) (448,976)
Share subscription rights 2,415 2,401
Minority interests 301,767 330,473
Total net assets 4,036,030 4,671,528
Total liabilities and net assets 12,442,337 14,703,403
(Millions of yen)
FY2012
As of March 31, 2013
FY2013
As of March 31, 2014
Assets
Current assets
Cash on hand and in banks 604,357 822,863
Trade notes and accounts receivable 583,112 785,954
Sales finance receivables 4,161,925 5,033,558
Securities 107,652 13,470
Merchandise and finished goods 663,889 769,676
Work in process 97,952 94,386
Raw materials and supplies 283,418 287,789
Deferred tax assets 244,133 210,395
Other 511,744 650,143
Allowance for doubtful accounts (43,664) (58,956)
Total current assets 7,214,518 8,609,278
Fixed assets
Property, plant and equipment
Buildings and structures, net 600,336 615,127
Machinery, equipment and vehicles, net 2,265,006 2,658,776
Land 644,656 642,932
Construction in progress 250,858 337,635
Other, net 421,482 503,568
Total property, plant and equipment 4,182,338 4,758,038
Intangible fixed assets 75,446 92,334
Investments and other assets
Investment securities 717,555 930,293
Long-term loans receivable 13,052 13,529
Deferred tax assets 83,705 117,437
Other 158,420 185,047
Allowance for doubtful accounts (2,697) (2,553)
Total investments and other assets 970,035 1,243,753
Total fixed assets 5,227,819 6,094,125
Total assets 12,442,337 14,703,403
29
NISSAN MOTOR CORPORATION ANNUAL REPORT 2014
PERFORMANCE
CONTENTS
CORPORATE FACE TIME
CEO MESSAGE
EXECUTIVE PROFILE
NISSAN POWER 88
CORPORATE GOVERNANCE