Epson 2004 Annual Report Download - page 49

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47SEIKO EPSON CORPORATION
Thousands of
Millions of yen U.S. dollars
March 31 March 31,
LIABILITIES AND SHAREHOLDERS’ EQUITY 2003 2004 2004
Current liabilities:
Short-term bank loans ¥ 142,198 ¥ 62,851 $ 594,673
Current portion of long-term debt 70,258 47,380 448,292
Notes and accounts payable, trade 115,966 132,331 1,252,067
Accounts payable, other 77,492 81,785 773,820
Income taxes payable 8,316 6,731 63,686
Deferred income taxes 895 267 2,526
Accrued bonuses 13,590 17,083 161,633
Accrued warranty costs 14,275 14,283 135,141
Other current liabilities 50,097 54,862 519,084
Total current liabilities 493,087 417,573 3,950,922
Long-term liabilities:
Long-term debt 396,934 346,769 3,281,001
Accrued pension and severance costs 9,242 8,055 76,214
Accrued directors’ and statutory auditors’ retirement allowances 2,403 1,729 16,359
Deferred income taxes 347 7,733 73,167
Other long-term liabilities 10,143 7,723 73,072
Total long-term liabilities 419,069 372,009 3,519,813
Minority interest in subsidiaries 2,608 2,542 24,051
Shareholders’ equity:
Common stock, no par value –
2003 – Authorized 607,458,368 shares, issued 151,864,592 shares 12,531 ––
2004 – Authorized 607,458,368 shares, issued 196,364,592 shares – 53,204 503,397
Additional paid-in capital 10,259 79,501 752,209
Retained earnings 264,874 299,575 2,834,469
Net unrealized gains on other securities 167 3,087 29,208
Translation adjustments (6,515) (20,999) (198,685)
Treasury stock (0) (1) (9)
Total shareholders’ equity 281,316 414,367 3,920,589
Commitments and contingent liabilities
Total liabilities and shareholders’ equity ¥1,196,080 ¥1,206,491 $11,415,375
The accompanying notes are an integral part of these financial statements.