Fujitsu 2004 Annual Report Download - page 46

Download and view the complete annual report

Please find page 46 of the 2004 Fujitsu annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 60

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60

44
FINANCIAL SECTION Notes to Consolidated Financial Statements
Changes in property, plant and equipment resulted from the following:
7. Property, Plant and Equipment
Other, net for the year ended March 31, 2003 mainly consisted of sales or disposal of machinery and equipment upon
restructuring. Other, net for the year ended March 31, 2004 mainly consisted of decrease due to the shifting of Flash
memory operations and FDK Corporation from consolidated subsidiaries to equity method affiliates.
Yen U.S. Dollars
(millions) (thousands)
Years ended March 31 2003 2004 2004
Balance at beginning of year ¥116,631 ¥ 97,937 $ 923,934
Additions 2,023 114 1,075
Amortization 17,667 31,144 293,811
Translation differences (3,050) (862) (8,132)
Balance at end of year ¥ 97,937 ¥ 66,045 $ 623,066
Construction in progress
Balance at beginning of year, net ¥ 45,685 ¥ 28,597 $ 269,783
Additions 118,711 106,544 1,005,132
Translation differences (801) (350) (3,302)
Transfers (134,998) (114,923) (1,084,179)
Balance at end of year, net ¥ 28,597 ¥ 19,868 $ 187,434
Buildings
Balance at beginning of year, net ¥354,412 ¥327,343 $3,088,142
Additions 15,532 25,621 241,708
Depreciation 31,226 28,165 265,708
Translation differences (3,009) (4,318) (40,736)
Other, net (8,366) (44,222) (417,189)
Balance at end of year, net ¥327,343 ¥276,259 $2,606,217
Machinery and equipment
Balance at beginning of year, net ¥656,767 ¥500,806 $4,724,585
Additions 174,669 135,389 1,277,255
Depreciation 244,506 177,174 1,671,453
Translation differences (8,029) (8,756) (82,604)
Other, net (78,095) (77,586) (731,943)
Balance at end of year, net ¥500,806 ¥372,679 $3,515,840
Yen U.S. Dollars
(millions) (thousands)
Years ended March 31 2003 2004 2004
Land
Balance at beginning of year, net ¥140,602 ¥133,806 $1,262,321
Additions 10 4,728 44,603
Translation differences (882) (588) (5,547)
Other, net (5,924) (3,729) (35,179)
Balance at end of year, net ¥133,806 ¥134,217 $1,266,198
An analysis of goodwill is presented below:
8. Goodwill
Other, net for the year ended March 31, 2004 mainly consisted of decrease due to the shifting of Flash memory
operations and FDK Corporation from consolidated subsidiaries to equity method affiliates, the securitization of Fujitsu
Solution Square (located in Kamata, Tokyo), and the sales of other properties that had been used for employees’ welfare.