Mitsubishi 2007 Annual Report Download - page 69

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67
Notes to Consolidated Financial Statements
13. Other Gain (Loss), Net
Other gain (loss), net for the years ended March 31, 2007 and 2006 consisted of the following:
In thousands of
In millions of yen U.S. dollars
2007 2006 2007
Gain on sales of investments in securities, net ¥ 5,036 ¥ 391 $ 42,661
Gain (loss) on sales and disposal of property,
plant and equipment, net (2,003) 1,862 (16,972)
Gain from affiliates accounted for by the equity method, net 2,166 1,453 18,348
Early retirement expense (3,073) —(26,036)
Provision for losses on restructuring —(14,766) —
Litigation expenses (4,856) (5,732) (41,138)
Foreign exchange losses (1,264) (3,395) (10,710)
Stock issuance costs (13) (295) (113)
Loss compensation based on stocks transfer contracts (4) (1,186) (37)
Gain on liquidation of anonymous association 13,885 —117,620
Other (6,859) (8,300) (58,107)
Total ¥ 3,011 ¥(29,969) $ 25,513
14. Cash Flow Information
Cash and cash equivalents at March 31, 2007 and 2006 consisted of the following:
In thousands of
In millions of yen U.S. dollars
2007 2006 2007
Cash and bank deposits ¥358,058 ¥259,045 $3,033,111
Time deposits with maturities of more than three months (6,005) (16,331) (50,872)
Short-term investments maturing within three months
from the acquisition date 12,215 5,355 103,476
Cash and cash equivalents ¥364,268 ¥248,069 $3,085,715
Interest paid less interest received and dividends received within operating activities in the consolidated state-
ments of cash flows for the years ended March 31, 2007 and 2006 amounted to a net expense of ¥10,779 million
($91,308 thousand) and ¥12,603 million, respectively. Income taxes paid for the years ended March 31, 2007 and
2006 amount to ¥7,881 million ($66,760 thousand) and ¥2,680 million, respectively.
Purchases of property, plant and equipment within investing activities in the consolidated statements of cash flows
for the years ended March 31, 2007 and 2006 include payments for the acquisition of lease vehicles of ¥16,799
million ($142,309 thousand) and ¥8,904 million, respectively.
Proceeds from sales of property, plant and equipment within investing activities in the consolidated statements of
cash flows for the years ended March 31, 2007 and 2006 include proceeds from sale of lease vehicles of ¥18,909
million ($160,181 thousand) and ¥16,323 million, respectively.
Changes in finance receivables within operating activities in the consolidated statements of cash flows for the years
ended March 31, 2007 and 2006 are primarily the net of payments amounting to ¥161,005 million ($1,363,873
thousand) and ¥89,546 million, respectively, and proceeds from collections amounting to ¥208,805 million
($1,768,790 thousand) and ¥96,441 million, respectively.