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LIABILITIES AND NET ASSETS
Millions of Yen
Thousands of U.S.
Dollars (Note 1)
2012 2013 2013
CURRENT LIABILITIES:
Short-term borrowings (Notes 8 and 20) . . . . . . . . . . . . . . . . ¥ 126,981 ¥ 56,587 $ 601,989
Current portion of long-term debt (Notes 8 and 20) . . . . . . . 68,046 145,883 1,551,947
Trade notes and accounts payable (Note 20) . . . . . . . . . . . . 466,177 458,724 4,880,043
Accrued expenses (Note 20) . . . . . . . . . . . . . . . . . . . . . . . . . 156,175 169,221 1,800,223
Other current liabilities (Notes 10, 14, 20 and 21) . . . . . . . . . 241,233 293,241 3,119,585
Total current liabilities . . . . . . . . . . . . . . . . . . . . . . . . . . . 1,058,612 1,123,656 11,953,787
LONG-TERM LIABILITIES:
Long-term debt (Notes 8 and 20) . . . . . . . . . . . . . . . . . . . . . 497,707 400,981 4,265,755
Liabilities for retirement benefits (Note 9) . . . . . . . . . . . . . . . . 182,735 178,868 1,902,851
Deferred tax liabilities (Note 14) . . . . . . . . . . . . . . . . . . . . . . . 3,040 2,231 23,734
Other long-term liabilities (Note 11) . . . . . . . . . . . . . . . . . . . . 37,862 39,083 415,777
Total long-term liabilities . . . . . . . . . . . . . . . . . . . . . . . . . 721,344 621,163 6,608,117
COMMITMENTS AND CONTINGENT LIABILITIES
(Notes 19, 21 and 22)
NET ASSETS (Notes 12 and 25):
SHAREHOLDERS’ EQUITY:
Common stock:
Authorized – 7,500,000 thousand shares
Issued – 2,604,733 thousand shares
in 2012 and 2013 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 397,199 397,199 4,225,521
Capital surplus . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 192,834 148,405 1,578,776
Retained earnings . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 82,659 157,771 1,678,415
Treasury stock – at cost:
6,321 thousand shares in 2012 and
6,381 thousand shares in 2013 . . . . . . . . . . . . . . . . . . . (2,939) (2,946) (31,340)
Total shareholders’ equity . . . . . . . . . . . . . . . . . . . . . . . 669,753 700,429 7,451,372
ACCUMULATED OTHER COMPREHENSIVE INCOME:
Valuation difference on available-for-sale securities . . . . . 16,273 18,333 195,032
Deferred gains or losses on hedges . . . . . . . . . . . . . . . . . (142) (1,076) (11,447)
Foreign currency translation adjustments . . . . . . . . . . . . . (28,928) (7,020) (74,681)
Total accumulated other comprehensive income . . . . . (12,797) 10,237 108,904
STOCK SUBSCRIPTION RIGHTS (Note 13) . . . . . . . . . . . . . 24 — —
MINORITY INTERESTS . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 120,634 125,481 1,334,905
Total net assets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 777,614 836,147 8,895,181
TOTAL LIABILITIES AND NET ASSETS . . . . . . . . . . . . . . . . . . . ¥2,557,570 ¥2,580,966 $27,457,085
52
NEC Corporation
Annual Report 2013
IV
Corporate Data