Canon 2003 Annual Report Download - page 60

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58
CANON INC. AND SUBSIDIARIES
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS, CONTINUED
(6) Inventories
Inventories comprised the following:
Thousands of
Millions of yen U.S. dollars
2003 2002 2003
Finished goods ¥305,414 288,592 $2,854,337
Work in process 124,410 127,769 1,162,710
Raw materials 14,420 15,890 134,766
¥444,244 432,251 $4,151,813
(5) Trade Receivables
Trade receivables are summarized as follows:
Thousands of
Millions of yen U.S. dollars
2003 2002 2003
Notes ¥28,880 26,456 $269,907
Accounts 524,549 484,162 4,902,327
553,429 510,618 5,172,234
Less allowance for doubtful receivables 14,423 12,031 134,795
¥539,006 498,587 $5,037,439
(7) Property, Plant and Equipment
Property, plant and equipment are stated at cost less
accumulated depreciation and are summarized as follows:
Thousands of
Millions of yen U.S. dollars
2003 2002 2003
Land
¥177,953 167,848 $1,663,112
Buildings
766,398 743,473 7,162,598
Machinery and equipment
990,638 962,037 9,258,299
Construction in progress
29,627 34,640 276,888
1,964,616 1,907,998 18,360,897
Less accumulated depreciation
1,118,183 1,077,694 10,450,308
¥846,433 830,304 $7,910,589