Casio 2010 Annual Report Download - page 20

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18 CASIO COMPUTER CO., LTD.
Cash Flow Analysis
Cash and cash equivalents at the reporting year-end came to ¥113,784 million, an increase of ¥9,536 million.
Net cash provided by operating activities decreased by ¥17,627 million year-on-year to ¥5,834 million, due partly
to increased working capital.
Net cash used in investing activities amounted to ¥14,997 million, ¥29,711 million less than the outflows of
the previous year. This was chiefly attributable to proceeds from redemption of investment securities outweighing
purchases, creating a net inflow.
Net cash provided by financing activities amounted to ¥18,155 million, a decrease of ¥20,652 million from the
previous year. Reasons for this included ¥59,732 million in proceeds from issuance of bonds in the previous year,
which outweighed inflows from proceeds from stock issuance to minority shareholders in this year.
Capital Investment
Capital investment decreased 37.7% year-on-year to ¥10,068 million. Capital investment in the Electronics segment
was down 28.7% to ¥8,117 million, and the figure for the Electronic Components and Others segment was ¥1,890
million, down 58.9% from the previous year.
Research & Development
R&D expenses increased 8.4% to ¥13,693 million.
Expenses in the Electronics segment came to ¥9,432 million, up 24.1% year-on-year. In the Electronic
Components and Others segment, they decreased 24.0% year-on-year to ¥1,093 million.
Management’s Discussion and Analysis