Pentax 2006 Annual Report Download - page 43

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
Total Assets,
Shareholders’ Equity and
Shareholders’ Equity Ratio
(Millions of yen)
400,000
300,000
200,000
100,000
0
(%)
90
85
80
75
70
65
60
2002 2003 2004 2005 2006
Total assets (Millions of yen)
Shareholders’ equity (Millions of yen)
Shareholders’ equity ratio (%)
278,068
219,180
78.8
274,289
224,219
81.7
289,887
218,979
75.5
351,482
277,889
79.1
361,538
279,481
77.3
Financial Position฀
In terms of assets at the end of the consolidated fiscal year under review,
current assets declined by 8.8% to ¥212,274 million. This was due mainly to
a 4.0% increase in notes and accounts receivable to ¥78,294 million, against
a 26.0% fall in cash and cash equivalents to ¥83,574 million stemming from
an increase in expenditures for acquisition of treasury stock (up ¥63,994
million year on year), and an increase in dividend payments (up ¥11,157
million). Because property, plant and equipment increased 26.7% to
¥120,604 million, and investments and other assets rose 22.2% to ¥28,660
million, noncurrent assets expanded 25.8% to ¥149,264 million. Total assets
increased 2.9% from the previous fiscal year to ¥361,538 million.
Current liabilities increased 12.0% to ¥79,305 million, reflecting
increases in notes and accounts payable of 3.2% to ¥41,020 million, and
income taxes payable of 43.1% to ¥14,342 million. Noncurrent liabilities fell
7.0% from the previous fiscal year to ¥1,832 million, while total liabilities
were up 11.5% to ¥81,137 million.
In shareholders’ equity, retained earnings decreased 0.7%, or ¥1,909
million, to ¥266,346 million, reflecting the increase in net income of
¥75,620 million, against a decrease of ¥77,529 million composed mainly of
dividends paid of ¥23,398 million, and retirement of treasury stock of
¥53,181 million. Shareholders’ equity rose 0.6% from the previous fiscal
year to ¥279,481 million as a result of a shift in the foreign currency
translation adjustments from a subtraction of ¥4,688 million the previous
fiscal year to an addition of ¥7,142 million resulting from a decline in the
value of the yen, and an increase in treasury stock of ¥8,401 million.
The shareholders’ equity ratio fell by 1.8 percentage points, to 77.3%
from 79.1%.