Sharp 2013 Annual Report Download - page 63

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Annual Report 2013 61
Amortization of goodwill and unamortized balance by reportable segment
Amortization of goodwill and unamortized balance by reportable segment as of and for the years ended March 31, 2011, 2012 and
2013 were as follows:
Yen
(millions)
U.S. Dollars
(thousands)
2011 2012 2013 2013
Amortization of Goodwill:
Consumer/Information Products ¥ 3,033 ¥ 3,336 ¥ 2,826 $ 30,387
Electronic Components 432 1,730 1,788 19,226
Corporate Assets and Elimination 85 121 116 1,247
Total ¥ 3,550 ¥ 5,187 ¥ 4,730 $ 50,860
Balance at end of period:
Consumer/Information Products ¥ 7,708 ¥ 7,313 ¥ 5,414 $ 58,215
Electronic Components 16,385 15,470 15,577 167,495
Corporate Assets and Elimination 245 346 73 785
Total ¥ 24,338 ¥ 23,129 ¥ 21,064 $ 226,495
(Impairment Loss)
With regards to application of accounting for impairment as-
sets, the Company and its consolidated subsidiaries identifies
cash generating units in consideration of business characteristics
and business operation. As a result, idle assets are identified as
respective cash generating units.
The Company and its consolidated subsidiaries reduced the
book value of idle and unused-in-the-future production equip-
ment of thin-lm solar cells in the Katsuragi Plant etc. to recover-
able amount, and recognized the decreased amount of ¥6,656
million as impairment loss for the year ended March 31, 2012.
Details are as follows: ¥4,547 million for lease assets; ¥1,167
million for machinery and vehicles; ¥942 million for other.
The Company reduced the book value of production equip-
ment of LCD panels and audio-visual equipment to an estimated
recoverable amount due to the decreasing profitability and the
unlikelihood of recouping investment, and recognized the de-
creased amount of ¥47,396 million ($509,634 thousand) as im-
pairment loss for the year ended March 31, 2013.
Details are as follows: ¥13,527 million ($145,452 thousand)
for buildings and structures; ¥16,416 million ($176,516 thou-
sand) for machinery, equipment and vehicles; ¥13,137 million
($141,258 thousand) for long-term prepaid expense; ¥4,316
milion ($46,409 thousand) for other.
The recoverable amount of those impaired assets was meas-
ured using their net realizable values, and net realizable values
of impaired assets that are not expected to be sold are regarded
as zero.
14. Impairment Loss
This loss for the year ended March 31, 2012 comprises extraor-
dinary operating expenses caused by the temporary suspension
of production of large-size LCD panels in the Company and its
consolidated subsidiary, Sharp Display Products Corporation.
15. Loss on suspension of Large size LCD plant operation
Financial Section