Mitsubishi 1999 Annual Report Download - page 47

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3. U.S. Dollar Amounts
The U.S. dollar amounts in the accompanying consolidated financial statements are included, solely for convenience,
at ¥120.55 = U.S.$1.00, the exchange rate prevailing on March 31, 1999. The translation should not be construed as a
representation that the yen amounts represent or have been, or could be, converted into U.S. dollars at that or any other
rate.
4. Liquidation of Accounts and Loans Receivable
At March 31, 1999 the outstanding balances of the accounts receivable and short-term and long-term loans receivable
sold to others without recause which have been deducted from the respective accounts amounted ¥32,583 million
($270,286 thousand) and ¥202,816 million ($41,682,422 thousand), respectively.
5. Inventories
Inventories at March 31, 1999 and 1998 consisted of the following:
6. Short-Term Borrowings and Long-Term Debt
Short-term borrowings at March 31, 1999 and 1998 consisted of the following:
Notes to consolidated financial statements
45
March 31,
1999 1998 1999
(In millions of yen) (In thousands of
U.S. dollars)
Finished products ¥ 254,648 ¥ 387,040 $ 2,112,385
Raw materials 25,261 32,961 209,548
Work in process 100,786 117,814 836,051
¥ 380,696 ¥ 537,816 $ 3,157,993
March 31,
1999 1998 1999
(In millions of yen) (In thousands of
U.S. dollars)
Loans, principally from banks ¥ 853,183 ¥ 906,950 $ 7,077,420
Commercial paper 74,090 198,965 614,600
¥ 927,274 ¥1,105,915 $ 7,692,028