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53 MITSUBISHI MOTORS CORPORATION
4. U.S. DOLLAR AMOUNTS
The U.S. dollar amounts in the accompanying consolidated financial statements are included, solely for convenience, at ¥120.20 =
U.S.$1.00, the exchange rate prevailing on March 31, 2003. 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.
5. ACCOUNTS AND FINANCE RECEIVABLE SOLD TO OTHERS
The outstanding balances of trade notes and accounts receivable sold to others without recourse which have been deducted from the
respective accounts amounted to ¥31,839 million ($264,884 thousand) and ¥95,985 million as of March 31, 2003 and 2002, respec-
tively. Such amounts deducted from finance receivables were ¥935,660 million ($7,784,193 thousand) and ¥838,353 million as of
March 31, 2003 and 2002, respectively.
6. INVENTORIES
Inventories at March 31, 2003 and 2002 consisted of the following:
(In thousands of
(In millions of yen) U.S. dollars)
March 31, 2003 2002 2003
Finished products ¥189,374 ¥188,456 $1,575,491
Raw materials 19,745 39,010 164,268
Work in process 63,563 76,950 528,810
¥272,682 ¥304,418 $2,268,569
7. PROPERTY, PLANT AND EQUIPMENT
Property, plant and equipment at March 31, 2003 and 2002 consisted of the following:
(In thousands of
(In millions of yen) U.S. dollars)
March 31, 2003 2002 2003
Land ¥ 186,411 ¥ 370,097 $ 1,550,840
Buildings and structures 340,287 542,760 2,831,007
Machinery and equipment 1,537,859 1,879,292 12,794,168
Construction in progress 48,642 38,802 404,676
2,113,199 2,830,952 17,580,691
Accumulated depreciation (1,280,828) (1,611,483) (10,655,807)
Property, plant and equipment, net ¥ 832,371 ¥ 1,219,469 $ 6,924,884