Suzuki 1999 Annual Report Download - page 23

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Thousands of
Millions of yen U.S. dollars
1999 1998 1999
Marketable securities-
Equity securities .................................................. ¥36,053 ¥25,671 $299,074
Bonds and other .................................................. 17,308 6,192 143,576
53,361 31,863 442,650
Other....................................................................... 15,565 20,858 129,119
¥68,926 ¥52,721 $571,770
Market value of marketable securities................. ¥83,973 ¥53,668 $696,583
4. Short-term investments and investments in securities
Short-term investments and investments in securities as of 31st March, 1999 and 1998
were as follows:
Thousands of
Millions of yen U.S. dollars
1999 1998 1999
Finished goods ...................................................... ¥154,778 ¥166,037 $1,283,935
Work in process ..................................................... 17,967 18,106 149,043
Raw materials and others ..................................... 20,716 18,224 171,848
¥193,462 ¥202,368 $1,604,828
3. Inventories
Inventories as of 31st March, 1999 and 1998 were as follows:
sheet date, plus the provisions for retirement and severance benefits of directors and
statutory auditors computed by the retirement and severance benefit rule of directors
and statutory auditors at the balance sheet date.
(i)Research and development expenses
Research and development expenses are charged to income as incurred.
(j)Revenue recognition
Sales of products are generally recognized in the accounts as delivery is made.
(k)Amounts per share
Primary net income per share is computed based on the weighted average number of shares
issued during the respective years.
Fully diluted net income per share is computed assuming that all convertible bonds at
the beginning of the year were converted into common stock, with an applicable adjustment
for related interest expense and net of tax.
Cash dividends per share are the amounts applicable to the respective periods
including dividends to be paid after the end of the period.
(l)Reclassification
Certain reclassifications of previously reported amounts have been made to conform
with current classifications.