Canon 2013 Annual Report Download - page 63

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NOTES TO CONSOLIDATED FINANCIAL STATEMENTS 61
5. INVENTORIES
Inventories are summarized as follows:
6. PROPERTY, PLANT AND EQUIPMENT
Property, plant and equipment are stated at cost less accumulated depreciation and are summarized as follows:
Depreciation expenses for the years ended December 31,
2013, 2012 and 2011 were ¥223,158 million ($2,125,314 thou-
sand), ¥211,973 million and ¥210,179 million, respectively.
Amounts due for purchases of property, plant and equip-
ment were ¥33,585 million ($319,857 thousand) and ¥38,893
million at December 31, 2013 and 2012, respectively, and
are included in other current liabilities in the accompany-
ing consolidated balance sheets. Fixed assets presented in
the consolidated statements of cash flows include property,
plant and equipment and intangible assets.
December 31
Millions of yen
Thousands of
U.S. dollars
2013 2012 2013
Finished goods ¥ 406,443 ¥ 391,194 $ 3,870,886
Work in process 128,120 139,923 1,220,191
Raw materials 19,210 20,506 182,952
¥553,773 ¥ 551,623 $ 5,274,029
December 31
Millions of yen
Thousands of
U.S. dollars
2013 2012 2013
Land ¥ 282,484 ¥ 272,233 $ 2,690,324
Buildings 1,570,024 1,447,838 14,952,610
Machinery and equipment 1,736,107 1,586,827 16,534,352
Construction in progress 73,645 112,919 701,381
3,662,260 3,419,817 34,878,667
Less accumulated depreciation (2,383,530) (2,159,453) (22,700,286)
¥ 1,278,730 ¥ 1,260,364 $ 12,178,381