Casio 2004 Annual Report Download - page 31

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ANNUAL REPORT 2004
Amounts per share of common stock
Net income per share of common stock has been computed based on the weighted average number of shares of common stock
outstanding during each fiscal year (less the treasury stock). For diluted net income per share, the number of shares outstanding is
adjusted to assume the conversion of convertible bonds. Related interest expense, net of income taxes, is eliminated.
Cash dividends per share represent the actual amount applicable to the respective years.
Reclassifications
Certain reclassifications have been made in the 2003 consolidated financial statements to conform to the 2004 presentation.
3. CASH AND CASH EQUIVALENTS AND STATEMENTS OF CASH FLOWS
Cash and cash equivalents at March 31, 2004 and 2003 consisted of the following:
Thousands of
Millions of Yen U.S. Dollars
2004 2003 2004
Cash and time deposits .............................................................................. ¥79,977 ¥77,183 $ 754,500
Time deposits over three months ............................................................... (1,336) (797) (12,603)
Marketable securities within three months.................................................. 44,500 20,050 419,811
Cash and cash equivalents.......................................................................... ¥123,141 ¥96,436 $1,161,708
The amounts of assets and liabilities at September 30, 2002 of Aichi Casio Co., Ltd. and Casio (Malaysia) Sdn. Bhd. excluded
from consolidation due to sales of the equity in the companies were as follows:
Aichi Casio Co., Ltd.
Millions of Yen Millions of Yen
Current assets ................................................. ¥9,041 Current liabilities ............................................. ¥7,154
Long-term assets*........................................... 451 Long-term liabilities ......................................... 177
Total assets ................................................ ¥9,492 Total liabilities ............................................¥7,331
Casio (Malaysia) Sdn. Bhd.
Millions of Yen Millions of Yen
Current assets ................................................. ¥4,400 Current liabilities ............................................. ¥2,977
Long-term assets*........................................... 1,149
Total assets ................................................ ¥5,549 Total liabilities ............................................¥2,977
* Including property, plant and equipment and investments and other assets
4. INVENTORIES
Inventories at March 31, 2004 and 2003 consisted of the following:
Thousands of
Millions of Yen U.S. Dollars
2004 2003 2004
Finished products ....................................................................................... ¥36,700 ¥47,366 $346,226
Work in process.......................................................................................... 9,780 10,390 92,264
Materials and supplies ................................................................................ 15,779 13,107 148,859
Total...................................................................................................... ¥62,259 ¥70,863 $587,349
5. SECURITIES
(1) The following tables summarize acquisition costs, book values and fair values of securities with available fair values at March 31,
2004 and 2003.
(a) Held-to-maturity debt securities
Millions of Yen Thousands of U.S. Dollars
2004 2003 2004
Book value Fair value Difference Book value Fair value Difference Book value Fair value Difference
Securities with available fair
values exceeding book values.......... ¥2,230 ¥2,337 ¥107 ¥— ¥— ¥— $21,038 $22,047 $1,009
Securities other than the above ......... ——— ——— ———
Total ............................................ ¥2,230 ¥2,337 ¥107 ¥— ¥— ¥— $21,038 $22,047 $1,009