Mitsubishi 2012 Annual Report Download - page 47

12. Comprehensive Income
Reclassification adjustments to the Consolidated Statement of
Income and tax effects related to other comprehensive income for
the years ended March 31, 2012 consisted of the following:
(In millions
of yen)
(In thousands
of U.S. dollars)
For the years ended
March 31,
2012 2012
Valuation difference on available-for-
sale securities:
Amount arising in the year ¥ (22) $ (278)
Reclassification adjustments for gains
and losses included in net income (loss) 08
Before tax effect (22) (270)
Tax effect 884 10,756
Valuation difference on available-for-
sale securities 861 10,486
Deferred gains or losses on hedges:
Amount arising in the year 2,323 28,274
Reclassification adjustments for gains
and losses included in net income (loss) (3,597) (43,767)
Before tax effect (1,273) (15,492)
Tax effect 449 5,474
Deferred gains or losses on hedges (823) (10,018)
Foreign currency translation adjustment:
Amount arising in the year (3,899) (47,448)
Reclassification adjustments for gains
and losses included in net income (loss) (211) (2,578)
Before tax effect (4,111) (50,027)
Tax effect ——
Foreign currency translation
adjustment (4,111) (50,027)
Share of other comprehensive income
of associates accounted for using
equity method:
Amount arising in the year (1,749) (21,282)
Total other comprehensive income ¥(5,822) $(70,841)
13. Cash Flow Information
Cash and cash equivalents at March 31, 2012 and 2011consisted of
the following:
(In millions of yen)
(In thousands
of U.S. dollars)
March 31,
2012 2011 2012
Cash and bank deposits ¥311,631 ¥317,097 $3,791,597
Time deposits with maturities
of more than three months (638) (632) (7,764)
Cash and cash equivalents ¥310,993 ¥316,464 $3,783,833
Interest paid less interest received and dividends received
included in Other, net within operating activities in the consolidated
statements of cash flows for the years ended March 31, 2012 and
2011 amounted to a net expense of ¥4,521 million ($55,007 thou-
sand) and ¥8,242 million, respectively. Income taxes paid included
in Other, net within operating activities in the consolidated state-
ments of cash flows for the years ended March 31, 2012 and 2011
amounted to ¥13,532 million ($164,654 thousand) and ¥8,079
million, respectively.
Purchases of property, plant and equipment within investing
activities in the consolidated statements of cash flows for the years
ended March 31, 2012 and 2011 include payments for the acquisi-
tion of lease vehicles of ¥8,626 million ($104,956 thousand) and
¥9,882 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, 2012 and 2011 include proceeds from
the sale of lease vehicles of ¥6,192 million ($75,339 thousand) and
¥7,282 million, respectively.
Changes in finance receivables within operating activities in the
consolidated statements of cash flows for the years ended March
31, 2012 and 2011 are primarily the net of payments amounting
to ¥140,727 million ($1,712,220 thousand) and ¥130,750 million,
respectively, and proceeds from collections amounting to ¥138,255
million ($1,682,142 thousand) and ¥111,365 million, respectively.
14. Leases
As lessee
(1) Finance lease transactions that do not involve transfer of own-
ership to the lessee
(a) Description of the leased assets:
Property, plant and equipment
Leased assets principally include, but are not limited to,
production facilities for the automobile business
(“Machinery and equipment (net)” and “Tool, furniture and
fixtures (net)”).
MITSUBISHI MOTORS CORPORATION
Annual Report 2012 45