Fujitsu 2008 Annual Report Download - page 100

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4. Inventories
Inventories at March 31, 2007 and 2008 consisted of the following:
Yen
(millions)
U.S. Dollars
(thousands)
At March 31 2007 2008 2008
Finished goods ¥194,433 ¥169,662 $1,696,620
Work in process 135,569 137,215 1,372,150
Raw materials 82,385 76,229 762,290
Total inventories ¥412,387 ¥383,106 $3,831,060
5. Investments in Affiliates
The Company accounts for investments in affiliates by the equity method with minor exceptions.
A summary of the financial information of the affiliates accounted for by the equity method is presented below:
Yen
(millions)
U.S. Dollars
(thousands)
At March 31 2007 2008 2008
Current assets ¥ 750,176 ¥ 690,232 $ 6,902,320
Non-current assets 439,756 387,199 3,871,990
Total assets ¥1,189,932 ¥1,077,431 $10,774,310
Current liabilities ¥ 826,692 ¥ 718,622 $ 7,186,220
Long-term liabilities 179,867 195,724 1,957,240
Net assets 183,373 163,085 1,630,850
Total liabilities and net assets ¥1,189,932 ¥1,077,431 $10,774,310
Yen
(millions)
U.S. Dollars
(thousands)
Years ended March 31 2006 2007 2008 2008
Net sales ¥1,774,230 ¥1,729,400 ¥1,568,216 $15,682,160
Net income (loss) (16,235) 2,733 13,544 135,440
Net income (loss) for the year ended March 31, 2007 improved mainly due to the deconsolidation of Spansion Inc.
Net income (loss) for the year ended March 31, 2008 improved mainly due to the deconsolidation of Spansion
Inc. in November 2006 and Japan Cablenet Holdings Limited in April 2007 and the increase in income of Fujitsu
Siemens Computers (Holdings) B.V.
098
ANNUAL REPORT 2008FUJITSU LIMITED
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS