Fujitsu 2007 Annual Report Download - page 72

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unable to exercise significant influence over JECC’s affairs. JECC’s principal business was the leasing of
computers and peripherals purchased from its six shareholders. At March 31, 2006 and 2007, JECC’s
issued share capital was ¥65,700 million ($556,780 thousand). Its net sales for the years ended March 31,
2005, 2006 and 2007 amounted to ¥304,482 million, ¥299,993 million and ¥298,591 million ($2,530,432
thousand), respectively.
7. Property, Plant and Equipment
Changes in property, plant and equipment, net of accumulated depreciation resulted from the following:
Yen U.S. Dollars
(millions) (thousands)
Years ended March 31 2006 2007 2007
Land
Balance at beginning of year ¥ 115,606 ¥ 113,061 $ 958,144
Additions 276 376 3,187
Impairment loss — 1,501 12,720
Translation differences 414 285 2,415
Other, net (3,235) (800) (6,780)
Balance at end of year ¥ 113,061 ¥ 111,421 $ 944,246
Buildings
Balance at beginning of year ¥ 254,677 ¥ 271,423 $ 2,300,195
Additions 43,348 27,051 229,246
Depreciation 26,258 25,794 218,593
Impairment loss — 2,535 21,483
Translation differences 2,277 3,086 26,152
Other, net (2,621) (2,353) (19,941)
Balance at end of year ¥ 271,423 ¥ 270,878 $ 2,295,576
Machinery and equipment
Balance at beginning of year ¥ 327,626 ¥ 356,819 $ 3,023,890
Additions 199,530 276,303 2,341,551
Depreciation 147,587 178,172 1,509,932
Impairment loss — 5,499 46,602
Translation differences 2,570 7,972 67,559
Other, net (25,320) (28,565) (242,076)
Balance at end of year ¥ 356,819 ¥ 428,858 $ 3,634,390
Construction in progress
Balance at beginning of year ¥ 29,991 ¥ 35,673 $ 302,313
Additions 175,689 200,810 1,701,780
Impairment loss — 26 220
Translation differences 12 91 771
Transfers (170,019) (205,216) (1,739,119)
Balance at end of year ¥ 35,673 ¥ 31,332 $ 265,525
70 Fujitsu Limited