Pentax 2010 Annual Report Download - page 36

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divisions and others applied impairment accounting, resulting in an impairment loss of ¥30,458
million.
Capital Expenditure/Depreciation and Amortization
Cash Flows
Net cash provided by operating activities amounted to ¥83,981 million, a decrease of ¥6,994
million from the previous fiscal year. The main positive factors were income before income
taxes and minority interests of ¥49,761 million (up ¥5,703 million year on year), depreciation
and amortization of ¥34,503 million (down ¥15,527 million), decrease in inventory of ¥9,990
million (up ¥3,750 million) and foreign currency loss of ¥6,975 million (up ¥15,007 million). The
main negative factors included an increase in notes and accounts receivable of ¥10,829 million
(up ¥41,372 million year on year), and ¥10,726 million in income taxes paid (down ¥24,264
million).
Net cash used in investing activities amounted to ¥40,723 million, an increase of ¥6,395 million
compared with the previous fiscal year. This was primarily attributable to payments of ¥26,650
million (down ¥7,523 million) for property, plant and equipment, centered on investments
related to next-generation products and increased production in the Electro-Optics Division.
Net cash used in financing activities amounted to ¥84,976 million, an increase of ¥79,176
million from the net cash used in the previous fiscal year. This was mainly due to a net
decrease of ¥41,978 million in commercial paper, and a total of ¥28,236 million in dividends
paid (an increase of ¥121 million year on year).
As a result of the above, the balance of cash and cash equivalents as of March 31, 2010, was
¥167,938 million, a decrease of ¥39,989 million.
Cash flow provided by operating activities
35