JVC 1999 Annual Report Download - page 22

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20 JVC 1999
Thousands of
Millions of yen U.S. dollars (Note 1)
Assets 1999 1998 1999
Current assets:
Cash ........................................................................................................... ¥ 80,888 ¥ 71,148 $ 668,496
Marketable securities (Note 5)..................................................................... 12,395 15,360 102,438
Notes and accounts receivable:
Trade ...................................................................................................... 117,778 124,618 973,372
Unconsolidated subsidiaries and affiliated companies ............................ 1,012 2,305 8,364
Allowance for doubtful accounts............................................................. (5,024) (3,637) (41,521)
Inventories (Notes 4 and 9) ......................................................................... 128,579 149,625 1,062,636
Deferred income taxes................................................................................ 19,111 18,323 157,942
Other current assets ................................................................................... 28,613 32,380 236,471
Total current assets................................................................................. 383,352 410,122 3,168,198
Investments and advances:
Investments in and advances to unconsolidated subsidiaries and
affiliated companies .................................................................................. 9,403 16,441 77,711
Other (Notes 5 and 9) ................................................................................. 23,988 27,361 198,248
Total investments and advances............................................................. 33,391 43,802 275,959
Property, plant and equipment:
Land .......................................................................................................... 30,677 30,337 253,529
Buildings ..................................................................................................... 110,020 106,536 909,256
Machinery and equipment (Note 9)............................................................. 244,871 243,828 2,023,728
Construction in progress............................................................................. 7,340 11,880 60,661
............................................................................................................... 392,908 392,581 3,247,174
Less accumulated depreciation .................................................................. 272,219 265,541 2,249,744
Net property, plant and equipment ......................................................... 120,689 127,040 997,430
Deferred income taxes ............................................................................... 16,913 15,922 139,777
Other assets ................................................................................................ 15,100 15,733 124,793
Foreign currency translation adjustments ............................................... 18,556 11,431 153,355
............................................................................................................... ¥588,001 ¥624,050 $4,859,512
See accompanying notes.
Consolidated Balance Sheets
Victor Company of Japan, Limited
March 31, 1999 and 1998