Yamaha 2000 Annual Report Download - page 18

Thousands of
Millions of Yen U.S. Dollars (Note 2)
ASSETS 2000 1999 2000
Current assets:
Cash and bank deposits (Notes 6 and 14)......................................................... ¥ 33,796 ¥ 18,031 $ 318,380
Marketable securities (Notes 6 and 13) ............................................................. 2,805 4,056 26,425
Notes and accounts receivable........................................................................... 76,334 91,649 719,114
Less: Allowance for doubtful accounts .......................................................... (2,852) (4,022) (26,868)
............................................................................................................................. 73,482 87,627 692,247
Inventories........................................................................................................ 77,416 91,095 729,308
Refundable income taxes................................................................................... — 653 —
Deferred income taxes (Note 7) ........................................................................ 12,354 — 116,382
Prepaid expenses and other current assets.......................................................... 6,124 11,447 57,692
Total current assets ............................................................................................. 205,979 212,911 1,940,452
Property, plant and equipment, net of accumulated depreciation (Notes 5 and 6):
Land ................................................................................................................. 48,970 45,449 461,328
Buildings and structures.................................................................................... 81,478 89,327 767,574
Machinery and equipment................................................................................ 34,999 57,042 329,713
Construction in progress................................................................................... 2,672 4,674 25,172
Property, plant and equipment, net of accumulated depreciation ................... 168,121 196,494 1,583,806
Investments and other assets:
Investment securities (Notes 4, 6 and 13) ......................................................... 78,474 71,926 739,275
Valuation reserve for investment securities and investments in
unconsolidated subsidiaries and affiliates......................................................... (2,024) (3,134) (19,067)
Long-term loans receivable................................................................................ 2,940 4,016 27,697
Lease deposits ................................................................................................... 5,134 5,694 48,366
Deferred income taxes (Note 7) ........................................................................ 32,123 — 302,619
Excess of cost over net assets acquired ............................................................... 366 383 3,448
Other assets ...................................................................................................... 7,324 7,822 68,997
Total investments and other assets..................................................................... 124,337 86,707 1,171,333
Translation adjustments ..................................................................................... 44,649 36,739 420,622
Total assets .......................................................................................................... ¥543,088 ¥532,852 $5,116,232
See notes to consolidated financial statements.
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CONSOLIDATED BALANCE SHEETS
YAMAHA CORPORATION and Consolidated Subsidiaries
March 31, 2000 and 1999