Fujitsu 2008 Annual Report Download - page 123

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Consolidated statements of cash flows
In accordance with Japanese business custom, receivables and payables were settled in the following fiscal
year if the end of the fiscal year was a non-trading day for financial institutions. As March 31, 2007 was a non-trading
day for financial institutions in Japan, receivables and payables settled in the following fiscal year impacting on cash
flows for the years ended March 31, 2007 and 2008 were as follows:
Yen
(millions)
U.S. Dollars
(thousands)
Years ended March 31 2007 2008 2008
(Increase) decrease in receivables, trade ¥ (18,049) ¥ 18,049 $ 180,490
(Increase) decrease in other current assets (285) 285 2,850
Increase (decrease) in payables, trade 74,168 (74,168) (741,680)
Increase (decrease) in other current liabilities 19,366 (19,366) (193,660)
Net cash provided by (used in) operating activities (C) 75,200 (75,200) (752,000)
Purchases of property, plant and equipment 34,398 (34,398) (343,980)
Net cash provided by (used in) investing activities (D) 34,398 (34,398) (343,980)
Net cash flows from the impact (C)+(D) ¥109,598 ¥(109,598) $(1,095,980)
20. Related-party Transactions
This information is required by the regulations under the Financial Instruments and Exchange Law of Japan.
For the years ended March 31, 2007 and 2008, the Company entered into the following transactions with its
related party:
Related party: Fujitsu Leasing Co., Ltd.; Common stock—¥1,000 million ($10,000 thousand)
Its business: leasing and sales of IT equipment and other assets
Breakdown of the Company’s voting rights ownership:
At March 31 2007 2008
Directly held 25.0% 22.5%
Indirectly held 5.0% 5.0%
Relationship with the Company:
At March 31 2007 2008
Its business with the Company Leasing Leasing
Its board members concurrently serve
as board members of the Company
3 members 2 members
Its board members transferred from
the Company
7 members 2 members
121
ANNUAL REPORT 2008FUJITSU LIMITED
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS