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18. Supplementary Information to the Consolidated Statements of Cash Flows
For the year ended March 31, 2011
As a result of the transfer of the HDD business for the year ended March 31, 2010, the Company received ¥4,214 million ($50,771 thou-
sand) as the remaining portion of the proceeds for the year ended March 31, 2011. Total consideration related to this transfer is ¥27,845
million with ¥23,631 million received for the year ended March 31, 2010.
For the year ended March 31, 2010
[Proceeds from acquisition of subsidiaries’ stock resulting in change in scope of consolidation]
Net proceeds consist of ¥42,912 million and ¥7,504 million from acquisitions of shares of Fujitsu Technology Solutions (Holding) B.V.
(FTS) and FDK Corporation, respectively.
The following breakdown provides details on the amount of assets and liabilities resulting from the acquisition of shares of FTS, as of
the date of its consolidation, along with the acquisition cost of the FTS shares, and the net proceeds generated from the FTS acquisition.
Yen
(millions)
2010
Current assets ¥ 276,694
Non-current assets 79,047
Goodwill 62,468
Current liabilities (256,679)
Long-term liabilities (101,797)
Minority interests (193)
Acquired net assets 59,540
Investment value using equity method 4,974
Share acquisition cost 54,566
Share acquisition cost (54,566)
Expenses not recognized in current fiscal year 788
Expenses for share acquisition in current fiscal year (53,778)
Cash and cash equivalents of FTS 96,690
Net proceeds from acquisition 42,912
[Proceeds from transfer of business]
Proceeds are mainly from transfer of the HDD business.
The breakdown below shows the decline in assets and liabilities resulting from the transfer of HDD business, along with consider-
ation for the transfer and the net proceeds for the year ended March 31, 2010.
Yen
(millions)
2010
Current assets ¥ 44,152
Non-current assets 15,645
Current liabilities (28,231)
Long-term liabilities (3,721)
Decline in net assets as a result of transfer of business 27,845
Consideration for transfer of business 27,845
Consideration for transfer of business 27,845
Proceeds not recognized in current year (4,214)
Proceeds from transfer of business in current year 23,631
Cash and cash equivalents of transferred subsidiaries (8,142)
Net proceeds from transfer of business 15,489
125FUJITSU LIMITED ANNUAL REPORT 2011
FACTS & FIGURES
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS