Fujitsu 2007 Annual Report Download - page 90

Download and view the complete annual report

Please find page 90 of the 2007 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 98

  • 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
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92
  • 93
  • 94
  • 95
  • 96
  • 97
  • 98

Consolidated statement of cash flows
The increase and decrease of receivables and payables stated below whose cash transactions of proceeds
and payments were deferred to the following fiscal year were included in the increase and decrease of each
account of the consolidated statement of cash flows for the year ended March 31, 2007.
Yen U.S. Dollars
(millions) (thousands)
Year ended March 31 2007 2007
(Increase) decrease in receivables, trade ¥ (18,049) $(152,958)
(Increase) decrease in other current assets (285) (2,415)
Increase (decrease) in payables, trade 74,168 628,542
Increase (decrease) in other current liabilities 19,366 164,119
Net cash provided by operating activities (C) 75,200 637,288
Purchases of property, plant and equipment 34,398 291,509
Net cash provided by investing activities (D) 34,398 291,509
Net cash flows from the impact (C)+(D) ¥109,598 $ 928,797
21. Related Party Transactions
This information is required by the Securities and Exchange Law of Japan.
For the year ended March 31, 2007, the Company entered into the following transactions with its
related party:
•Related party: Fujitsu Leasing Co., Ltd.
Common stock—¥1,000 million ($8,475 thousand)
Breakdown of the Company’s voting rights ownership
Directly held: 25.0%
Indirectly held: 5.0%
Relationship with the Company
Lease transactions with the Company
3 board members of the Company concurrently serve as board members of the related party
7 board members of the related party have been transferred from the Company
•Content of transactions
Sales of assets: ¥42,100 million ($356,780 thousand)
Lease transactions: ¥6,685 million ($56,653 thousand)
•Balance of related transactions recorded on balance sheets at March 31, 2007
Non-trade receivables: ¥621 million ($5,263 thousand)
Non-trade payables: ¥13 million ($110 thousand)
(*) The transactions stated above generally have terms of business based on fair value.
(**) Consumption taxes are not included in the transaction amount, but are included in the ending balance.
(***) The above transactions with the Company’s related party are sales of its fixed assets to the lessor for the purpose of the utilization of assets as leases.
88 Fujitsu Limited