Panasonic 2003 Annual Report Download - page 40

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38 Matsushita Electric Industrial 2003
Thousands of
U.S. dollars
Millions of yen (Note 2)
Assets 2003 2002 2003
(Restated—Note 3)
Current assets:
Cash and cash equivalents (Note 11) ....................................... ¥1,167,470 ¥0,933,132 $09,728,916
Time deposits (Note 11)......................................................... 395,559 526,438 3,296,325
Short-term investments (Notes 7 and 19)................................ 1,196 11,849 9,967
Trade receivables (Notes 6, 8 and 11):
Notes .................................................................................. 67,440 78,969 562,000
Accounts ............................................................................. 1,132,508 1,103,589 9,437,567
Allowance for doubtful receivables ....................................... (53,043) (43,265) (442,025)
Net trade receivables ......................................................... 1,146,905 1,139,293 9,557,542
Inventories (Notes 5 and 11)................................................... 783,262 903,377 6,527,183
Other current assets (Notes 13 and 19) ................................... 491,786 492,801 4,098,217
To tal current assets ............................................................ 3,986,178 4,006,890 33,218,150
Noncurrent receivables (Note 8).................................................. 299,239 316,230 2,493,658
Investments and advances (Notes 6, 7 and 19) ............................ 1,020,137 1,251,795 8,501,142
Property, plant and equipment (Notes 8 and 9):
Land....................................................................................... 264,148 231,017 2,201,234
Buildings ................................................................................ 1,280,448 1,359,246 10,670,400
Machinery and equipment...................................................... 2,840,184 3,225,710 23,668,200
Construction in progress......................................................... 64,792 67,128 539,933
4,449,572 4,883,101 37,079,767
Less accumulated depreciation ................................................ 3,150,677 3,389,393 26,255,642
Net property, plant and equipment.................................... 1,298,895 1,493,708 10,824,125
Other assets:
Goodwill (Notes 4 and 10) ..................................................... 410,627 95,838 3,421,891
Intangible assets (Note 10)...................................................... 74,810 58,119 623,417
Other assets (Note 13) ............................................................ 744,807 545,877 6,206,725
Total other assets ............................................................... 1,230,244 699,834 10,252,033
¥ 7,834,693 ¥7,768,457 $65,289,108
See accompanying Notes to Consolidated Financial Statements.
Consolidated Balance Sheets
Matsushita Electric Industrial Co., Ltd. and Subsidiaries
March 31, 2003 and 2002