Nikon 1999 Annual Report Download - page 14

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12
consolidated balance sheets
Nikon Corporation and Consolidated Subsidiaries
At March 31, 1999 and 1998
Thousands of
U.S. Dollars
Millions of Yen (Note 1)
1999 1998 1999
ASSETS
Current assets
Cash and time deposits ¥ 21,996 ¥ 18,290 $ 182,466
Marketable securities (Notes 3 and 5) 20,600 21,851 170,884
Notes and accounts receivable — trade (Note 5):
Customers 99,334 140,521 824,012
Unconsolidated subsidiaries and associated companies 1,502 2,534 12,460
Allowance for doubtful receivables (2,603) (3,001) (21,594)
Inventories (Note 4) 150,576 154,368 1,249,080
Deferred income taxes (Note 9) 10,065 3,955 83,497
Other current assets 6,910 11,582 57,325
Total current assets 308,382 350,104 2,558,130
Property, plant and equipment (Note 5)
Land 15,170 15,236 125,846
Buildings and structures 88,021 83,461 730,163
Machinery and equipment 158,946 150,725 1,318,512
Construction in progress 4,139 6,284 34,339
Total 266,278 255,707 2,208,860
Accumulated depreciation (164,412) (151,792) (1,363,853)
Net property, plant and equipment 101,865 103,915 845,007
Investments and other assets
Investments in securities (Notes 3 and 5) 36,579 32,794 303,434
Investments in unconsolidated subsidiaries and associated companies 2,694 3,166 22,352
Long-term loans:
Employees and other 979 1,782 8,122
Unconsolidated subsidiaries and associated companies 122 233 1,014
Allowance for doubtful receivables (43) (522) (361)
Deferred income taxes (Note 9) 5,728 47,517
Deposit and long-term prepaid expenses 14,490 14,157 120,205
Other 4,166 1,693 34,562
Total investments and other assets 64,716 53,306 536,845
Total ¥474,964 ¥507,326 $3,939,982
See Notes to Consolidated Financial Statements.
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