Alpine 2007 Annual Report Download - page 17

See accompanying notes
15
LIABILITIES, MINORITY INTERESTS AND
STOCKHOLDERS' EQUITY/NET ASSETS 2007 2006 2007
Current liabilities:
Bank loans (Note 6) ¥ 174 ¥ 264 $ 1,474
Long-term debt due within one year (Note 6) — 7 —
Notes and accounts payable (Note 3):
Unconsolidated subsidiaries and affiliated companies 183 713 1,550
Trade 28,788 28,514 243,863
Income taxes payable (Note 11) 1,947 1,290 16,493
Accrued expenses 12,590 11,116 106,650
Deferred tax liabilities (Note 11) 53 174 449
Warranty reserve 5,776 4,645 48,928
Other current liabilities 4,252 5,450 36,019
Total current liabilities 53,763 52,173 455,426
Long-term liabilities:
Employees' severance and retirement benefits (Note 8) 620 589 5,252
Directors' severance and retirement benefits 719 614 6,091
Deferred tax liabilities (Note 11) 4,219 2,700 35,739
Other long-term liabilities 956 1,101 8,098
Total long-term liabilities 6,514 5,004 55,180
Minority interests 1,594
Contingent liabilities (Note 7)
Stockholders' equity:
Common stock:
Authorized
Authorized —160,000,000 shares
Issued —69,784,501 shares — 25,921 —
Capital surplus — 24,906 —
Retained earnings — 52,213 —
Land revaluation loss — (1,394) —
Unrealized holding gains and losses on securities, net of income taxes — 7,124 —
Foreign currency translation adjustments — 2,039 —
— 110,809 —
Less treasury stock, at cost — (27) —
Total stockholders' equity — 110,782 —
Net Assets (Note 9):
Common stock:
Authorized —160,000,000 shares
Issued —69,784,501shares 25,921 — 219,576
Capital surplus 24,906 — 210,978
Retained earnings 57,344 — 485,761
Less treasury stock, at cost (30) — (254)
Unrealized holding gains and losses on securities, net of income taxes 7,789 — 65,981
Land revaluation loss (1,394) — (11,809)
Foreign currency translation adjustments 4,520 — 38,289
Minority interests 1,852 — 15,688
Total net assets 120,908 — 1,024,210
¥181,185 ¥ 169,553 $ 1,534,816
Thousands of U.S.
Dollars (Note 1)
Millions of Yen