JVC 2005 Annual Report Download - page 43

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Victor Company of Japan, Limited 41
Thousands of
U.S. dollars
Millions of yen (Note 1)
LIABILITIES AND STOCKHOLDERS’ EQUITY 2005 2004 2005
Current liabilities:
Bank loans (Note 8) ¥034,252 ¥029,232 $0,320,112
Current portion of long-term debt (Note 8) 56,235 16,928 525,561
Notes and accounts payable:
Trade 69,220 91,163 646,916
Non-consolidated subsidiaries and affiliated companies 586 412 5,477
Accrued income taxes (Note 7) 4,057 4,128 37,916
Accrued expenses 72,718 73,456 679,607
Accrued restructuring charges —3,136 —
Other current liabilities 18,006 18,121 168,280
Total current liabilities 255,074 236,576 2,383,869
Long-term liabilities:
Long-term debt (Note 8) 30,345 86,337 283,598
Employees’ severance and retirement benefits (Note 9) 16,484 18,587 154,056
Other long-term liabilities 2,546 2,129 23,795
Total long-term liabilities 49,375 107,053 461,449
Minority interests 3,864 4,162 36,112
Contingent liabilities (Note 10)
Stockholders’ equity (Note 11):
Common stock;
Authorized 800,000,000 shares
Issued 254,230,058 shares 34,115 34,115 318,832
Capital surplus 67,216 67,217 628,187
Retained earnings 77,146 79,622 720,990
Net unrealized holding gains on available-for-sale securities 3,371 4,743 31,505
Foreign currency translation adjustments (23,434) (26,230) (219,009)
158,414 159,467 1,480,505
Treasury stock, at cost (178) (141) (1,664)
Total stockholders’ equity 158,236 159,326 1,478,841
¥466,549 ¥507,117 $4,360,271
See accompanying notes.