Omron 2003 Annual Report Download - page 49

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Thousands of
Millions of yen U.S. dollars
2003 2002 2001 2003
Net income (loss)................................................................ ¥511 ¥(15,773) ¥22,297 $4,258
Effect of dilutive securities:
Convertible bonds, due 2004 ..................................... ——325 —
Diluted net income (loss) ................................................ ¥511 ¥(15,773) ¥22,622 $4,258
Number of shares
2003 2002 2001
Weighted average common shares outstanding ................. 247,336,015 248,401,803 255,031,698
Dilutive effect of:
Convertible bonds, due 2004 ....................................... ——10,026,639
Stock options................................................................ ——62,449
Diluted common shares outstanding ............................... 247,336,015 248,401,803 265,120,786
For the years ended March 31, 2003 and 2002, the assumed conversion of convertible bonds, giving effect to the
incremental shares and the adjustment to reduce interest expenses, was anti-dilutive and has, therefore, been
excluded from the computation.
For the years ended March 31, 2003 and 2002, the assumed exercise of stock options, giving effect to the incre-
mental shares, was anti-dilutive and has been excluded from the computation.
Supplemental cash flow information for the years ended March 31, 2003, 2002 and 2001 was as follows:
Thousands of
Millions of yen U.S. dollars
2003 2002 2001 2003
Interest paid ....................................................................... ¥1,431 ¥1,264 ¥ 1,765 $11,925
Income taxes paid.............................................................. 7,588 17,748 19,257 63,233
Non-cash investing and financing activities:
Liabilities assumed in connection
with capital expenditures ............................................. 1,320 1,516 1,803 11,000
Fair value of minority interests acquired
by the reissuance of treasury stock ............................. 84 ——700
The change in each component of accumulated other comprehensive income (loss) for the years ended March
31, 2003, 2002 and 2001 was as follows:
Thousands of
Millions of yen U.S. dollars
2003 2002 2001 2003
Foreign currency translation adjustments:
Beginning balance.......................................................... ¥(7,402) ¥(13,712) ¥(20,998) $(61,682)
Change for the year........................................................ (2,005) 6,310 7,286 (16,701)
Ending balance............................................................... (9,407) (7,402) (13,712) (78,383)
Minimum pension liability adjustments:
Beginning balance.......................................................... (21,224) (7,251) — (176,867)
Change for the year........................................................ (27,484) (13,973) (7,251) (229,031)
Ending balance............................................................... (48,708) (21,224) (7,251) (405,898)
Unrealized gains (losses) on available-for-sale securities:
Beginning balance.......................................................... 3,331 3,617 13,830 27,758
Change for the year........................................................ (5,047) (286) (10,213) (42,056)
Ending balance............................................................... (1,716) 3,331 3,617 (14,298)
Net losses on derivative instruments:
Beginning balance.......................................................... (68) ——(567)
Change for the year........................................................ (10) (68) — (96)
Ending balance............................................................... (78) (68) — (663)
Total accumulated other comprehensive loss:
Beginning balance.......................................................... (25,363) (17,346) (7,168) (211,358)
Change for the year........................................................ (34,546) (8,017) (10,178) (287,884)
Ending balance............................................................... ¥(59,909) ¥(25,363) ¥(17,346) $(499,242)
14. Supplemental
Information for
Cash Flows
15.
Other
Comprehensive
Income (Loss)
Annual Report 2003 • 47