JVC 2003 Annual Report Download - page 41

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Victor Company of Japan, Limited
Annual Report 2003 39
Thousands of
U.S. dollars
Millions of yen (Note 1)
LIABILITIES AND STOCKHOLDERS’ EQUITY 2003 2002 2003
Current liabilities:
Bank loans (Note 8) ¥ 25,376 ¥ 35,994 $ 211,467
Current portion of long-term debt (Note 8) 12,727 27,168 106,058
Notes and accounts payable:
Trade 128,895 121,301 1,074,125
Construction 2,186 1,704 18,217
Non-consolidated subsidiaries and affiliated companies 2,233 7,988 18,608
Accrued income taxes (Note 7) 3,905 5,754 32,542
Accrued expenses 18,327 19,204 152,725
Accrued restructuring charges 873 13,423 7,275
Other current liabilities 12,387 15,115 103,225
Total current liabilities 206,909 247,651 1,724,242
Long-term debt (Notes 8 and 9) 105,468 89,872 878,900
Employees’ retirement benefits (Note 10) 14,058 22,551 117,150
Other long-term liabilities 2,728 2,231 22,734
Minority interests 4,177 4,814 34,808
Contingent liabilities (Note 11)
Stockholders’ equity (Note 12):
Common stock;
Authorized 800,000,000 shares
Issued 254,230,058 shares 34,115 34,115 284,292
Capital Surplus 67,216 67,216 560,133
Retained earnings 63,865 57,559 532,208
Net unrealized holding gains on securities 518 977 4,317
Foreign currency translation adjustments (19,198) (13,609) (159,983)
146,516 146,258 1,220,967
Treasury stock, at cost (106) (12) (884)
Total stockholders’ equity 146,410 146,246 1,220,083
¥479,750 ¥513,365 $3,997,917