JVC 2001 Annual Report Download - page 26

Download and view the complete annual report

Please find page 26 of the 2001 JVC annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 48

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48

Consolidated Balance Sheets
Victor Company of Japan, Limited and its consolidated subsidiaries
March 31, 2001 and 2000
Thousands of
U.S. dollars
Millions of yen (Note 1)
ASSETS 2001 2000 2001
Current assets:
Cash and time deposits (including time deposits with maturities over
three months of ¥108 million (US$871 thousand) in 2001
and ¥208 million in 2000) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ¥79,359 ¥71,793 $ 639,992
Marketable securities (Note 5) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4,767 22,583 38,444
Notes and accounts receivable:
Trade . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 131,321 105,751 1,059,040
Unconsolidated subsidiaries and affiliated companies . . . . . . . . . . . . . . . . . . . 732 1,033 5,903
Allowance for doubtful accounts . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (4,836) (5,172) (39,000)
Inventories (Note 4) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 155,344 117,037 1,252,774
Deferred tax assets (Note 6) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 15,487 12,219 124,895
Other current assets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 28,942 25,296 233,404
Total current assets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 411,116 350,540 3,315,452
Investments and advances:
Investments in and advances to unconsolidated subsidiaries
and affiliated companies . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4,535 4,637 36,573
Other (Notes 5 and 8) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 37,694 25,864 303,983
Total investments and advances . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 42,229 30,501 340,556
Property, plant and equipment:
Land . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 30,411 29,954 245,250
Buildings . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 112,001 108,505 903,234
Machinery and equipment (Note 8) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 255,777 244,923 2,062,718
Construction in progress . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 6,082 5,241 49,048
404,271 388,623 3,260,250
Less accumulated depreciation . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 286,676 275,576 2,311,903
Net property, plant and equipment . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 117,595 113,047 948,347
Deferred tax assets (Note 6) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2,512 2,810 20,258
Other assets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 13,176 13,834 106,258
Foreign currency translation adjustments . . . . . . . . . . . . . . . . . . . . . . . . . . . . . —29,627 —
¥586,628 ¥540,359 $4,730,871
See accompanying notes.
< 24 VICTOR COMPANY OF JAPAN, LIMITED 25 >