Canon 2005 Annual Report Download - page 68

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66
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS, CONTINUED
CANON INC. AND SUBSIDIARIES
The gross realized gains for the year ended December 31,
2005 and 2004 were ¥11,049 million ($93,636 thousand) and
¥3,867 million, respectively. The gross realized gains for the
year ended December 31, 2003 and the gross realized losses
for the years ended December 31, 2005, 2004 and 2003 were
not significant.
At December 31, 2005, substantially all of the available-for-
sale and held-to-maturity securities with unrealized losses had
been in a continuous unrealized loss position for less than 12
months.
Aggregate cost of non-marketable equity securities
accounted for under the cost method totaled ¥16,714 million
($141,644 thousand) and ¥14,635 million at December 31,
2005 and 2004, respectively. Investments with an aggregate
cost of ¥16,702 million ($141,542 thousand) were not
evaluated for impairment because (a) Canon did not estimate
the fair value of those investments as it was not practicable to
estimate the fair value of the investments and (b) Canon did
not identify any events or changes in circumstances that might
have had significant adverse effects on the fair value of those
investments.
Investments in affiliated companies accounted for by the
equity method amounted to ¥31,418 million ($266,254 thou-
sand) and ¥26,546 million at December 31, 2005 and 2004,
respectively. Canon’s share of the net earnings (losses) in affili-
ated companies accounted for by the equity method, included
in other income (deductions), are earnings of ¥1,646 million
($13,949 thousand) and ¥1,921 million for the years ended
December 31, 2005 and 2004 and losses of ¥1,124 million for
the year ended December 31, 2003, respectively.
Available-for-sale securities
Thousands of
Millions of yen U.S. dollars
Cost Fair Value Cost Fair Value
Due within one year ¥ 71 71 $ 602 602
Due after one year through five years 1,811 3,243 15,347 27,483
Due after five years 3,352 3,376 28,407 28,610
¥ 5,234 6,690 $44,356 56,695
Held-to-maturity securities
Thousands of
Millions of yen U.S. dollars
Cost Fair Value Cost Fair Value
Due after one year through five years ¥20,961 20,961 $177,636 177,636
(5) Trade Receivables
Trade receivables are summarized as follows:
December 31 Thousands of
Millions of yen U.S. dollars
2005 2004 2005
Notes ¥ 27,328 30,261 $ 231,593
Accounts 673,827 584,186 5,710,399
701,155 614,447 5,941,992
Less allowance for doubtful receivables (11,728) (11,657) (99,390)
¥689,427 602,790 $5,842,602
Maturities of debt securities and fund trusts classified as
available-for-sale and held-to-maturity were as follows at
December 31, 2005: