JVC 1998 Annual Report Download - page 22

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20 JVC 1998
Thousands of
Millions of yen U.S. dollars (Note 1)
Assets 1998 1997 1998
Current assets:
Cash ........................................................................................................... ¥ 71,148 ¥ 84,797 $ 539,000
Marketable securities (Note 6)..................................................................... 15,360 13,584 116,364
Notes and accounts receivable:
Trade ...................................................................................................... 124,618 120,048 944,076
Unconsolidated subsidiaries and affiliated companies............................ 2,305 2,686 17,462
Allowance for doubtful accounts............................................................. (3,637) (3,070) (27,553)
Inventories (Notes 3, 5 and 9)..................................................................... 149,625 127,449 1,133,523
Deferred income taxes................................................................................ 18,323 19,472 138,811
Other current assets ................................................................................... 32,380 30,612 245,302
Total current assets................................................................................. 410,122 395,578 3,106,985
Investments and advances:
Investments in and advances to unconsolidated subsidiaries and
affiliated companies .................................................................................. 16,441 15,899 124,553
Other (Notes 6 and 9)................................................................................. 27,361 29,926 207,280
Total investments and advances............................................................. 43,802 45,825 331,833
Property, plant and equipment:
Land .......................................................................................................... 30,337 29,534 229,825
Buildings ..................................................................................................... 106,536 101,967 807,091
Machinery and equipment (Note 9)............................................................. 243,828 247,079 1,847,182
Construction in progress............................................................................. 11,880 7,987 90,000
............................................................................................................... 392,581 386,567 2,974,098
Less accumulated depreciation .................................................................. 265,541 268,054 2,011,674
Net property, plant and equipment ......................................................... 127,040 118,513 962,424
Deferred income taxes ............................................................................... 15,922 18,529 120,621
Other assets ................................................................................................ 15,733 15,669 119,189
Foreign currency translation adjustments ............................................... 11,431 9,806 86,599
............................................................................................................... ¥624,050 ¥603,920 $4,727,651
See accompanying notes.
Consolidated Balance Sheets
Victor Company of Japan, Limited
March 31, 1998 and 1997