JVC 2007 Annual Report Download - page 37

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35
Thousands of
U.S. dollars
Millions of yen (Note 1)
LIABILITIES AND NET ASSETS 2007 2006 2007
Current liabilities:
Bank loans (Note 9) ¥079,040 ¥63,322 $0,669,831
Current portion of long-term debt (Note 9) 14,747 20,139 124,975
Notes and accounts payable:
Trade 67,151 78,051 569,076
Non-consolidated subsidiaries and affiliated companies 1,660 1,698 14,068
Accrued income taxes (Note 8) 2,881 2,834 24,415
Accrued expenses 68,984 68,541 584,610
Other current liabilities (Note 10) 14,867 14,006 125,992
Total current liabilities 249,330 248,591 2,112,967
Long-term liabilities:
Long-term debt (Note 9) 26,695 40,215 226,229
Employees’ severance and retirement benefits (Note 12) 7,684 12,606 65,119
Deferred tax liabilities (Note 8) 1,530 4,188 12,966
Other long-term liabilities 1,683 1,738 14,263
Total long-term liabilities 37,592 58,747 318,577
Contingent liabilities (Note 13)
Net assets:
Stockholders’ equity (Note 14):
Common stock;
Authorized 800,000,000 shares
Issued 254,230,058 shares 34,115 34,115 289,110
Capital surplus 67,216 67,216 569,627
Retained earnings 37,274 45,166 315,882
Treasury stock, at cost (219) (199) (1,857)
Total stockholders’ equity 138,386 146,298 1,172,762
Valuation and translation adjustments:
Net unrealized holding gains on available-for-sale securities (Note 6) 2,655 6,247 22,500
Net unrealized gains on hedging derivatives 766 —6,492
Foreign currency translation adjustments (10,967) (16,256) (92,941)
Total valuation and translation adjustments (7,546) (10,009) (63,949)
Minority interests 2,946 3,185 24,966
Total net assets 133,786 139,474 1,133,779
Total liabilities and net assets ¥420,708 ¥446,812 $3,565,323
See accompanying notes.