Alpine 2014 Annual Report Download - page 18

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- 17 -
(4) Consolidated Statements of Cash Flows
(Millions of yen)
Fiscal year ended
March 31, 2013
Fiscal year ended
March 31, 2014
Cash flows from operating activities
Income before income taxes and minority interests 5,346 12,371
Depreciation 6,106 6,100
Increase (decrease) in provision for retirement benefits 160 (1,364)
Increase (decrease) in net defined benefit liability – 1,892
Increase (decrease) in provision for directors’ retirement
benefits 68 (323)
Interest and dividend income (502) (563)
Interest expenses 83 45
Share of (profit) loss of entities accounted for using
equity method (1,002) (1,029)
Loss (gain) on sales of property, plant and equipment 30 18
Decrease (increase) in notes and accounts receivable -
trade 650 1,157
Decrease (increase) in inventories 1,333 3,325
Increase (decrease) in notes and accounts payable - trade (8,194) (2,005)
Increase (decrease) in provision for product warranties (342) 792
Other, net 498 (646)
Subtotal 4,237 19,768
Interest and dividend income received 509 1,032
Interest expenses paid (109) (46)
Income taxes paid (3,274) (3,288)
Income taxes refund 244 555
Net cash provided by (used in) operating activities 1,607 18,021
Cash flows from investing activities
Purchase of property, plant and equipment (6,047) (6,894)
Proceeds from sales of property, plant and equipment 42 92
Purchase of intangible assets (675) (775)
Payments of loans receivable (5,904) (3,163)
Collection of loans receivable 6,966 4,237
Other, net (405) (703)
Net cash provided by (used in) investing activities (6,023) (7,206)
Cash flows from financing activities
Net increase (decrease) in short-term loans payable 80 –
Repayments of long-term loans payable (5,400) –
Cash dividends paid (1,394) (1,394)
Proceeds from share issuance to minority shareholders 37 –
Other, net (25) (52)
Net cash provided by (used in) financing activities (6,701) (1,447)
Effect of exchange rate change on cash and cash equivalents 1,221 3,048
Net increase (decrease) in cash and cash equivalents (9,895) 12,415
Cash and cash equivalents at beginning of period 43,947 34,052
Increase (decrease) in cash and cash equivalents resulting
from change of scope of consolidation – 212
Cash and cash equivalents at end of period 34,052 46,680