Fujitsu 2003 Annual Report Download - page 41

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39
Yen U.S. Dollars
(millions) (thousands)
Years ended March 31 2002 2003 2003
Land
Balance at beginning of year, net ¥137,205 ¥140,602 $1,171,683
Additions 1 10 83
Translation differences 867 (882) (7,350)
Other, net 2,529 (5,924) (49,366)
Balance at end of year, net ¥140,602 ¥133,806 $1,115,050
A consolidated subsidiary in Japan revalued its own land used for business operations to the fair value by adopting the
Land Revaluation Law of Japan on March 31, 2002. Revaluation surplus on land, net of taxes, was stated in a separate
component of shareholders’ equity. This revaluation surplus of ¥1,421 millions was included in Other, net mentioned as
above. The book value of land before and after revaluation was ¥460 millions, ¥1,881 millions, respectively.
Buildings
Balance at beginning of year, net ¥370,445 ¥354,412 $2,953,433
Additions 45,277 15,532 129,433
Depreciation 39,438 31,226 260,217
Translation differences 3,155 (3,009) (25,075)
Other, net (25,027) (8,366) (69,716)
Balance at end of year, net ¥354,412 ¥327,343 $2,727,858
Machinery and equipment
Balance at beginning of year, net ¥793,951 ¥656,767 $5,473,058
Additions 289,712 174,669 1,455,575
Depreciation 326,038 244,506 2,037,550
Translation differences 10,023 (8,029) (66,908)
Other, net (110,881) (78,095) (650,792)
Balance at end of year, net ¥656,767 ¥500,806 $4,173,383
Other, net for the year ended March 31, 2002 and 2003 mainly related to the comprehensive structural reform of the
Group. Mainly, for the year ended March 31, 2002, sale or disposal of machinery and equipment and devaluation on the
North American semiconductor plant for close of the plant were included. Mainly, for the year ended March 31, 2003,
sale or disposal of machinery and equipment were included.
Construction in progress
Balance at beginning of year, net ¥ 82,194 ¥ 45,685 $ 380,708
Additions 228,138 118,711 989,258
Translation differences 746 (801) (6,675)
Transfers (265,393) (134,998) (1,124,983)
Balance at end of year, net ¥ 45,685 ¥ 28,597 $ 238,308
8. Goodwill
An analysis of goodwill is shown below: Yen U.S. Dollars
(millions) (thousands)
Years ended March 31 2002 2003 2003
Balance at beginning of year ¥131,422 ¥116,631 $ 971,925
Additions 1,699 2,023 16,858
Amortization 21,090 17,667 147,225
Translation differences 4,600 (3,050) (25,416)
Balance at end of year ¥116,631 ¥97,937 $ 816,142
7. Property, Plant and Equipment
Changes in property, plant and equipment resulted from the following: