Isuzu 2005 Annual Report Download - page 25

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Isuzu Motors Limited Annual Report 2005
FINANCIAL SECTION
Thousands of
Millions of yen U.S. dollars
Net Income
Less: Components not pertaining to common shareholders;
Bonuses to directors and corporate auditors
Dividend to preferred stock (Class II excluded)
Net income pertaining to common stock
Average outstanding shares:
Common stock (share):
Class IV preferred stock (share):
Thousands of
Millions of yen U.S. dollars
Cash and time deposits
on the consolidated balance sheet
Time deposits with original maturities
over three month at the time of purchase
Cash and cash equivalents on the
statement of cash flows
Millions of yen Thousands of U.S. dollars
Acquisition Carrying Unrealized Acquisition Carrying Unrealized
costs value gain (loss) costs value gain (loss)
Unrealized gain:
Stocks
Bonds:
Corporate bonds
Investment trusts
Total
Unrealized loss:
Stocks:
Total
3. Investments
Fair Value of Securities of other securities as of March 31, 2005 were as follows:
Proceeds from sales of securities classified as other securities amounted to ¥6,026 million ($56,121 thousands) with an aggregate gain on sales of ¥3,704
million ($34,493 thousands) and an aggregate loss on sales of ¥507 million ($4,726 thousands) for the year ended March 31, 2005.
$ 112,814
$ 0
$ 350
$
113,165
$ (3,695)
$ (3,695)
$ 225,111
$ 28
$ 909
$ 226,049
$ 21,293
$ 21,293
$ 112,296
$ 27
$ 559
$ 112,884
$ 24,988
$ 24,988
¥ 12,115
¥ 0
¥ 37
¥ 12,152
¥ (396)
¥ (396)
¥ 24,174
¥ 3
¥ 97
¥ 24,275
¥ 2,286
¥ 2,286
¥ 12,059
¥ 3
¥ 60
¥ 12,122
¥ 2,683
¥ 2,683
$ 1,297,676
(38,277)
$ 1,259,449
¥ 139,357
(4,105)
¥ 135,252
$ 559,058
142
5,419
553,496
953,762,418
95,693,780
¥ 60,037
15
582
59,439
953,762,418
95,693,780
temporary differences are expected to be recovered or settled. The
effect of deferred tax assets and liabilities of a change in tax rate are
recognized in income in the period that includes the enacted date.
j) Net Income per Share
Net income per share of common stock is based upon the weighted
average number of shares of common stock outstanding during each
year. Under the revised financial statements regulations in Japan, the
weighted average number of shares is calculated based on the num-
ber of issued shares less the number of treasury stocks from the fiscal
year ended March 31, 2002.
Effective from the fiscal year ended March 31, 2003, the Company
applied early adoption of the Financial Accounting Standard No. 2
“Financial Accounting Standard for Earnings per Share” and the
Financial Accounting Standard Implementation Guidance No. 4
“Implementation Guidance for Accounting Standard for Earnings
per Share” issued by the Accounting Standards Board of Japan on
September 25, 2002.
Basis for the calculation of net income per share at the year ended
March 31,2005 is as follows:
k) Appropriation of Retained Earning
Appropriations of retained earnings are recorded in the financial year
in which the appropriation is approved by the Board of Directors or
shareholders.
l) Cash and Cash Equivalents
For the purpose of the statement of cash flows, the Company consid-
ers all highly liquid investments with a maturity of three months or
less to be cash equivalents.
Reconciliation for cash and cash equivalents at end of year on the
statement of cash flows for the years ended March 31, 2005 is as
follows: