Olympus 2013 Annual Report Download - page 35

66 OLYMPUS Annual Report 2013 67OLYMPUS Annual Report 2013
Consolidated Balance Sheets
Olympus Corporation and Consolidated Subsidiaries
As of March 31, 2012 and 2013
Millions of yen
Thousands of
U.S. dollars (Note 1)
2012 2013 2013
ASSETS
CURRENT ASSETS:
Cash and deposits (Notes 4, 17 and 27) ¥ 200,088 ¥ 229,610 $ 2,442,660
Notes and accounts receivable (Notes 4 and 6) 150,594 125,231 1,332,245
Allowance for doubtful accounts (3,098) (3,297) (35,074)
Lease receivables and leased investment assets (Notes 17 and 32) 18,888 21,777 231,670
Inventories (Note 7) 102,493 99,307 1,056,457
Deferred income taxes (Note 14) 23,574 25,087 266,883
Other current assets 34,019 43,322 460,872
Total current assets 526,558 541,037 5,755,713
PROPERTY, PLANT AND EQUIPMENT:
Land 15,931 15,172 161,404
Buildings and structures (Note 17) 129,654 127,908 1,360,723
Machinery and equipment (Note 17) 211,195 229,828 2,444,979
Leased assets 9,402 11,523 122,585
Construction in progress 1,131 1,853 19,713
367,313 386,284 4,109,404
Less-Accumulated depreciation (239,505) (256,482) (2,728,532)
Net property, plant and equipment 127,808 129,802 1,380,872
INVESTMENTS AND OTHER ASSETS:
Investment securities (Notes 4 and 5) 51,318 48,614 517,170
Deferred income taxes (Note 14) 8,167 9,418 100,191
Goodwill (Note 20) 124,465 106,346 1,131,340
Other assets (Notes 12, 17 and 32) 136,106 133,326 1,418,362
Allowance for doubtful accounts (Note 12) (7,896) (8,461) (90,010)
Total investments and other assets 312,160 289,243 3,077,053
Total assets ¥ 966,526 ¥ 960,082 $10,213,638
See accompanying notes to consolidated fi nancial statements.
Millions of yen
Thousands of
U.S. dollars (Note 1)
2012 2013 2013
LIABILITIES AND NET ASSETS
CURRENT LIABILITIES:
Short-term borrowings (Notes 4, 8 and 17) ¥ 63,092 ¥ 39,637 $ 421,670
Current maturities of long-term debt (Notes 4, 9 and 17) 49,023 97,873 1,041,202
Notes and accounts payable (Notes 4 and 10) 75,330 42,272 449,702
Other payables 36,947 31,221 332,138
Accrued expenses 62,613 67,676 719,957
Provision for warranty costs 7,336 7,513 79,926
Income taxes payable (Note 14) 8,228 12,622 134,277
Other current liabilities 17,824 18,046 191,979
Total current liabilities 320,393 316,860 3,370,851
NON-CURRENT LIABILITIES:
Long-term debt, less current maturities (Notes 4, 9 and 17) 530,311 422,880 4,498,723
Deferred income taxes (Note 14) 29,456 28,381 301,926
Provision for retirement benefi ts (Note 11) 24,062 27,736 295,064
Provision for loss on business liquidation 3,205 145 1,543
Other non-current liabilities 11,071 11,673 124,180
Total non-current liabilities 598,105 490,815 5,221,436
Total liabilities 918,498 807,675 8,592,287
CONTINGENT LIABILITIES (Note 16)
NET ASSETS (Note 15):
Common stock:
Authorized 1,000,000,000 shares
Issued 271,283,608 and 305,671,508 shares
as of March 31, 2012 and 2013, respectively 48,332 73,332 780,128
Capital surplus 54,788 79,788 848,809
Retained earnings 60,197 68,000 723,404
Treasury stock, at cost (11,249) (11,255) (119,735)
Total shareholders’ equity 152,067 209,865 2,232,606
Net unrealized holding gains on available-for-sale securities, net of taxes 3,128 6,295 66,968
Net unrealized gains (losses) on hedging derivatives, net of taxes (1,268) 20 213
Foreign currency translation adjustments (102,067) (58,029) (617,330)
Pension liability adjustments of foreign subsidiaries (7,090) (9,046) (96,234)
Total accumulated other comprehensive income (107,297) (60,760) (646,383)
Minority interests 3,258 3,302 35,128
Total net assets 48,028 152,407 1,621,351
Total liabilities and net assets ¥ 966,526 ¥ 960,082 $10,213,638
See accompanying notes to consolidated fi nancial statements.