Isuzu 2015 Annual Report Download - page 37

35
Isuzu Motors Limited
■
Annual Report 2015
FINANCIAL SECTION
13. Impairment Loss on Fixed Assets
Impairment loss on fixed assets recognized in the consolidated financial
statements for the fiscal year ended March 31, 2015 is as follows:
Thousands of
Type Millions of yen U.S. dollars
Land
Building and structure
Machinery and equipment
Other
¥ 13
243
380
192
$ 114
2,027
3,163
1,600
As a general rule, assets were grouped into business assets,
idle assets and assets for rent. Idle assets and assets for rent were
individually grouped by each item. For assets for rent, idle assets that
were in need for impairment due to the decline in fair value of land,
and business assets to be disposed of, their carrying values were
written down to the recoverable amounts.
Thousands of
Location Usage Type Millions of yen U.S. dollars
Shinagawa-ku,
Tokyo prefecture
Fujisawa-shi,
Kanagawa prefecture
Sendai-shi
Miyagi prefecture
Yamaguchi-shi,
Yamaguchi prefecture
Tomakomai-shi,
Hokkaido prefecture
Hashimoto-shi,
Wakayama prefecture,
and other
Total
¥ 111
80
144
90
300
104
¥ 829
Idle assets
Idle assets
Idle assets
Idle assets
Idle assets
Business
assets and
idle assets
Buildings, structures
and other
Machinery
Land and other
Buildings, structures
and other
Machinery and other
Land, buildings,
structures and other
$ 929
666
1,202
753
2,496
867
$ 6,905
The recoverable amounts of assets are estimated based on the net
amount that those assets could be sold (net selling amount) for land
and buildings. The net selling amount is determined by the appraisal
value based on real estate appraisal standards. Residual value is used
in assessing the value of other assets except the above-mentioned
when their recoverable amounts are difficult to obtain.
14. Notes to Consolidated Statements of
Comprehensive Income
The following table presents reclassification adjustments and tax effects
allocated to each component of other comprehensive income for the
years ended March 31, 2015 and 2014:
Millions of yen Thousands of U.S. dollars
As of March 31, 2015
Cash and time deposits
Notes and accounts receivable
Lease investment assets
Total
Millions of yen Thousands of U.S. dollars
As of March 31, 2014
Cash and time deposits
Notes and accounts receivable
Lease investment assets
Total
Within one year
¥ 339,747
¥ 250,137
¥ 10,453
¥ 600,337
Over one year
—
—
¥ 33,688
¥ 33,688
Within one year
$ 2,827,220
$ 2,081,530
$ 86,986
$ 4,995,737
Over one year
—
—
$ 280,339
$ 280,339
Within one year
¥ 234,849
¥ 253,140
¥ 3,904
¥ 491,894
Over one year
—
—
¥ 14,622
¥ 14,622
Within one year
$ 2,281,860
$ 2,459,586
$ 37,936
$ 4,779,38 3
Over one year
—
—
$ 142,072
$ 142,072
Because market prices of unlisted equity securities of ¥6,170
million ($51,351 thousands) as of March 31, 2015 and ¥6,298 million
($61,194 thousands) as of March 31, 2014 and equity securities
of non-consolidated subsidiaries and affiliates of ¥79,985 million
($665,606 thousands) as of March 31, 2015 and ¥69,364 million
($673,969 thousands) as of March 31, 2014, respectively, are not
readily available, and their future cash flow cannot be estimated. It is
extremely difficult to assume their fair values. Therefore, they are not
included in “(4) Investment securities” mentioned above.
The redemption schedule for monetary receivables and marketable
securities with maturity dates after the end of the fiscal year is as follows:
As for business assets that had been decided to be disposed,
impairment loss, if any, is recognized at the point of time when the
decision is made on the disposal.
Breakdown of the impairment loss by asset type is as follows:
Thousands of
Millions of yen U.S. dollars
Details 2015 2014 2015
Unrealized holding gain on securities:
Gains arising during the current period
Reclassification adjustment for loss realized
Net current period change,
before income taxes
Income taxes on net current period change
Net unrealized holding gain on securities
Unrealized loss from hedging instruments:
Losses arising during the current period
Reclassification adjustment for
gain realized
Net current period change,
before income taxes
Income taxes on net current period change
Net unrealized loss from
hedging instruments
Revaluation reserve for land:
Losses arising during the current period
Income taxes on net current period change
Net revaluation reserve for land
Foreign currency translation adjustments:
Losses arising during the current period
Reclassification adjustment for gain realized
Net foreign currency translation adjustments
¥ 16,138
0
16,137
(4,414)
11,723
191
(80)
111
(35)
76
0
4,521
4,521
49,560
—
49,560
¥ 3,069
(281)
2,787
(1,198)
1,588
668
(374)
294
23
318
84
0
84
14,520
(39)
14,481
$ 134,293
0
134,289
(36,734)
97,554
1,592
(666)
925
(292)
632
0
37,629
37,629
412,422
—
412,422