JVC 2005 Annual Report Download - page 42

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40 Victor Company of Japan, Limited
Thousands of
U.S. dollars
Millions of yen (Note 1)
ASSETS 2005 2004 2005
Current assets:
Cash and time deposits
(including time deposits with maturities over three months of
¥4,105 million in 2004) ¥062,685 ¥101,347 $0,585,841
Notes and accounts receivable:
Trade 108,870 107,410 1,017,477
Non-consolidated subsidiaries and affiliated companies 14 129 131
Allowance for doubtful accounts (3,935) (4,215) (36,776)
Inventories (Note 5) 124,705 129,912 1,165,467
Deferred tax assets (Note 7) 21,538 22,194 201,290
Other current assets 29,022 27,024 271,234
Total current assets 342,899 383,801 3,204,664
Investments and advances:
Investments in and advances to non-consolidated subsidiaries and affiliated companies 890 2,969 8,318
Other 9,804 13,723 91,626
Total investments and advances 10,694 16,692 99,944
Property, plant and equipment:
Land 25,634 25,917 239,570
Buildings and structures 97,964 99,326 915,551
Machinery and equipment 234,230 234,305 2,189,065
Construction in progress 12,064 6,385 112,749
369,892 365,933 3,456,935
Less accumulated depreciation 273,654 276,365 2,557,514
Net property, plant and equipment 96,238 89,568 899,421
Other assets:
Deferred tax assets (Note 7) 4,725 3,733 44,159
Other assets 11,993 13,323 112,083
Total other assets 16,718 17,056 156,242
¥466,549 ¥507,117 $4,360,271
See accompanying notes.
Consolidated Balance Sheets
Victor Company of Japan, Limited and its consolidated subsidiaries
March 31, 2005 and 2004