Canon 2004 Annual Report Download - page 54

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52
Thousands of
Millions of yen U.S. dollars (note 2)
ASSETS 2004 2003 2004
Current assets:
Cash and cash equivalents ¥887,774 690,298 $8,536,288
Marketable securities (note 4) 1,554 1,324 14,942
Trade receivables, net (note 5) 602,790 539,006 5,796,058
Inventories (note 6) 489,128 444,244 4,703,154
Prepaid expenses and other current assets (notes 8, 10 and 13) 250,906 255,905 2,412,558
Total current assets 2,232,152 1,930,777 21,463,000
Noncurrent receivables (note 19) 14,567 16,543 140,067
Investments (notes 4 and 10) 97,461 78,912 937,125
Property, plant and equipment, net (notes 7, 8 and 10) 961,714 846,433 9,247,250
Other assets (notes 8, 9, 12 and 13) 281,127 309,483 2,703,145
Total assets ¥3,587,021 3,182,148 $34,490,587
LIABILITIES AND STOCKHOLDERS’ EQUITY
Current liabilities:
Short-term loans and current portion of long-term debt (note 10) ¥9,879 39,136 $94,990
Trade payables (note 11) 465,396 391,181 4,474,962
Income taxes (note 13) 105,565 83,064 1,015,048
Accrued expenses (note 19) 205,296 193,657 1,974,000
Other current liabilities (note 13) 197,029 120,265 1,894,510
Total current liabilities 983,165 827,303 9,453,510
Long-term debt, excluding current installments (note 10) 28,651 59,260 275,490
Accrued pension and severance cost (note 12) 132,522 238,001 1,274,250
Other noncurrent liabilities (note 13) 45,993 30,843 442,240
Total liabilities 1,190,331 1,155,407 11,445,490
Minority interests 186,794 161,196 1,796,097
Commitments and contingent liabilities (note 19)
Stockholders’ equity:
Common stock
Authorized 2,000,000,000 shares;
issued 887,977,251 shares in 2004
and 881,338,645 shares in 2003 (note 14) 173,864 168,892 1,671,769
Additional paid-in capital (note 14) 401,773 396,939 3,863,202
Legal reserve (note 15) 41,200 39,998 396,154
Retained earnings (note 15) 1,699,634 1,410,442 16,342,634
Accumulated other comprehensive income (loss) (note 16) (101,312) (143,275) (974,154)
Treasury stock, at cost 1,120,867 shares in 2004 and
1,606,513 shares in 2003 (5,263) (7,451) (50,605)
Total stockholders’ equity 2,209,896 1,865,545 21,249,000
Total liabilities and stockholders’ equity ¥3,587,021 3,182,148 $34,490,587
See accompanying notes to consolidated financial statements.
CANON INC. AND SUBSIDIARIES December 31, 2004 and 2003
CONSOLIDATED BALANCE SHEETS