Toyota 2006 Annual Report Download - page 104

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102
11. Allowance for doubtful accounts and credit losses:
An analysis of activity within the allowance for doubtful accounts relating to trade accounts and notes receivable for the years
ended March 31, 2004, 2005 and 2006 is as follows:
U.S. dollars
Yen in millions in millions
For the year ended
For the years ended March 31, March 31,
2004 2005 2006 2006
Allowance for doubtful accounts at beginning of year ........................... ¥53,172 ¥61,121 ¥55,751 $475
Provision for doubtful accounts ............................................................. 16,540 15,752 10,361 88
Write-offs.............................................................................................. (2,598) (12,855) (1,819) (15)
Other .................................................................................................... (5,993) (8,267) (2,205) (19)
Allowance for doubtful accounts at end of year............................. ¥61,121 ¥55,751 ¥62,088 $529
The other amount includes the impact of consolidation and
deconsolidation of certain entities due to changes in owner-
ship interest and currency translation adjustments for the
years ended March 31, 2004, 2005 and 2006.
A portion of the allowance for doubtful accounts balance at
March 31, 2005 and 2006 totaling ¥37,095 million and
¥42,597 million ($363 million), respectively, is attributed to
certain non-current receivable balances which are reported as
other assets in the consolidated balance sheets.
Rental income from vehicles and equipment on operating leases was ¥267,252 million, ¥291,205 million and ¥395,870 mil-
lion ($3,370 million) for the years ended March 31, 2004, 2005 and 2006, respectively. Future minimum rentals from vehicles
and equipment on operating leases are due in installments as follows:
U.S. dollars
Years ending March 31, Yen in millions in millions
2007 ............................................................................................................................................................ ¥404,750 $3,446
2008 ............................................................................................................................................................ 314,638 2,679
2009 ............................................................................................................................................................ 176,244 1,500
2010 ............................................................................................................................................................ 59,484 506
2011 ............................................................................................................................................................ 14,611 124
Thereafter..................................................................................................................................................... 10,168 87
Total minimum future rentals.................................................................................................................... ¥979,895 $8,342
The future minimum rentals as shown above should not be considered indicative of future cash collections.
10. Vehicles and equipment on operating leases:
Vehicles and equipment on operating leases consist of the following:
U.S. dollars
Yen in millions in millions
March 31, March 31,
2005 2006 2006
Vehicles .............................................................................................................................. ¥1,736,238 ¥2,503,064 $21,308
Equipment .......................................................................................................................... 92,459 102,362 871
1,828,697 2,605,426 22,179
Less—Accumulated depreciation ......................................................................................... (424,609) (579,896) (4,936)
Vehicles and equipment on operating leases, net......................................................... ¥1,404,088 ¥2,025,530 $17,243