Suzuki 1999 Annual Report Download
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Table of contents
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FIVE-YEAR SUMMARY
SUZUKI MOTOR CORPORATION
Consolidated
Millions of yen (except per share amounts) Thousands of U.S. dollars (except per share amounts)
Years ended 31st March
1999
1998
1997
1996
1995
1999
Net sales ...¥1,455,832 ¥1,488,785 ¥1,502,424 ¥1,381,132 ¥1,258,285 $12,076,582 ...
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...CONSOLIDATED BALANCE SHEETS
As of 31st March, 1999 and 1998
SUZUKI MOTOR CORPORATION AND CONSOLIDATED SUBSIDIARIES
Millions of yen
Thousands of U.S. dollars
1999
1998
1999
ASSETS Current assets: Cash and time deposits ...Short-term investments (Note 4) ...Receivables (Note 5): Trade notes and...
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Millions of yen
Thousands of U.S. dollars
1999 LIABILITIES AND SHAREHOLDERS' EQUITY Current liabilities: Trade notes and accounts payable ...Short-term bank loans (Note 5) ...Commercial paper (Note 5) ...Current portion of long-term debt (Note 5) ...Accrued income taxes (Note 9) ...Accrued ...
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... STATEMENTS OF INCOME
Years ended 31st March, 1999 and 1998
SUZUKI MOTOR CORPORATION AND CONSOLIDATED SUBSIDIARIES
Millions of yen
Thousands of U.S. dollars
1999 ¥1,455,832 1,119,776 336,056 288,794 47,261
1998 ¥1,488,785 1,133,128 355,657 299,757 55,899
1999 $12,076,582 9,288,892 2,787,689...
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...OF SHAREHOLDERS' EQUITY
Years ended 31st March, 1999 and 1998
SUZUKI MOTOR CORPORATION AND CONSOLIDATED SUBSIDIARIES
Thousands of shares...and statutory auditors' bonuses ...- Issue of common stock ...33,600 Conversion of convertible bonds ...764 Treasury stock acquired ...- Increase (decrease) ...
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...statutory auditors' bonuses ...Issue of common stock ...Conversion of convertible bonds ...Treasury stock acquired ...Increase ...(decrease) resulting from consolidation of additional subsidiaries and affiliates ...Balance as of 31st March, 1999
448,960 - - - 33,600 764 -
$532,196 - - - 175,316...
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... consolidated financial statements of SUZUKI MOTOR CORPORATION (the Company...statements filed with the Ministry of Finance as required by the Securities and ...to U.S.$1, the rate of exchange prevailing as of 31st March, 1999. Consequently, the totals shown in the consolidated financial statements (both ...
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... deductible. Maintenance and repairs, including minor renewals and improvements, are charged to income as incurred. (f)Leases Finance lease transactions, except for those which meet the conditions that the ownership of the lease assets is substantially transferred to the lessee, are accounted for on...
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...reported amounts have been made to conform with current classifications.
3. Inventories
Inventories as of 31st March, 1999...1999 $1,283,935 149,043 171,848 $1,604,828
4. Short-term investments and investments in securities
Short-term investments and investments in securities as of 31st March, 1999...
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..., commercial paper and long-term debt
Short-term bank loans were generally represented by short-term notes and/or bank overdrafts. The annual interest rates of short-term bank loans and commercial paper as of 31st March, 1999 were 0.15 per cent to 15.5 per cent. Short-term bank loans and commercial...
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... 1999, approximately 2,630,000 additional shares of common stock would be issued. As is customary in Japan, both short-term and long-term bank...and future indebtedness.
6. Lease transactions
Finance lease transactions, except for those which meet the conditions that the ownership of the leased assets...
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...Operating lease transactions as of 31st March, 1999 were as follows: As a lessee
Millions of yen Thousands of U.S. dollars
1999 Future lease payments Due within one year ...amount of ¥21,134 million by third-party alloment. Under the Commercial Code of Japan, at least 50 per cent. of the issue price ...
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...taxes arising from all of the timing differences between financial and tax reporting; (b) certain expenses which are not deductible for income tax purposes...motor business (included motorcycle business). In the fiscal years of both 1999 and 1998, motor business represented more than 90 per cent., all ...
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...Â¥ 55,899
Â¥ 198,733 175 198,908 193,105 5,803
Â¥ 691,324
Â¥ 84,792
Â¥ 75,983
Â¥ 185,180
Â¥1,037,280
Thousands of U.S. dollars
1999 Japan Net sales: Outside customers ...Inter-area ...Costs and expenses ...Operating income ...Identifiable assets ...$ 8,580,046 2,269,353 10,849,400 10,518,590...
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...sales against consolidated net sales ...52.3%
Thousands of U. S. dollars
1999 North America Other areas 2 Consolidated Europe Asia Export sales and ...Interest rate ...0.89 per cent Date of issue of the bonds ...28th June, 1999 Date of maturity of the bonds ...27th June, 2003 Total issue amount of ...
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... The following plan for the appropriation of retained earnings for the year ended 31st March, 1999 was approved by the ordinary general meeting of shareholders of the Company held on 29th June, 1999:
Millions of yen Thousands of U.S. dollars
Year-end cash dividends of ¥4.00 per share ...Directors...
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..., based upon our examinations and the reports of other auditors, the aforementioned consolidated financial statements, expressed in yen, present fairly the financial position of Suzuki Motor Corporation and its consolidated subsidiaries as of 31st March, 1999 and 1998, and the results of their...
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NON-CONSOLIDATED FINANCIAL STATEMENTS OF 1999 NON-CONSOLIDATED BALANCE SHEETS
As of 31st March, 1999 and 1998
Millions of yen
Thousands of U.S. dollars
SUZUKI MOTOR CORPORATION
1999 ASSETS Current assets: Cash and time deposits ...Short-term investments ...Receivables: Trade notes and accounts ...
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Millions of yen
Thousands of U.S. dollars
1999 LIABILITIES AND SHAREHOLDERS' EQUITY Current liabilities: Short-term bank loans ...Commercial paper ...Current portion of long-term debt ...Payables: Trade notes and accounts ...Subsidiaries and affiliates ...Accrued expenses ...Accrued income taxes ...
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... STATEMENTS OF INCOME
Years ended 31st March, 1999 and 1998
SUZUKI MOTOR CORPORATION
Millions of yen
Thousands of U.S. dollars
1999 Net sales ...Cost of sales ...Gross profit ...Â¥1,189,622 981,622 208,000
1998 ¥1,179,136 954,208 224,928
1999 $9,868,288 8,142,863 1,725,425
Selling...
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