Nikon 2003 Annual Report Download - page 26

Download and view the complete annual report

Please find page 26 of the 2003 Nikon annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 46

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46

24
CONSOLIDATED STATEMENTS OF CASH FLOWS
Nikon Corporation and Consolidated Subsidiaries
Years ended March 31, 2003 and 2002
Operating activities:
Income (loss) before income taxes and minority interest
Adjustments for:
Income taxes-refund (paid)
Depreciation and amortization
Provision for employees’ retirement benefits
Loss on sales or disposal of property, plant and equipment
Gain on sales of property, plant and equipment
Loss on sales of investment securities
Gain on sales of investment securities
Other-net
Change in assets and liabilities:
Decrease (increase) in notes and accounts receivable-trade
Increase in inventories
Increase (decrease) in notes and accounts payable-trade
Other-net
Tota l adjustments
Net cash provided by (used in) operating activities
Investing activities:
Capital expenditures
Proceeds from sales of property, plant and equipment
Purchases of investment securities
Proceeds from sales of investment securities
Net decrease (increase) in loans receivable
Other-net
Net cash used in investing activities
Financing activities:
Net increase (decrease) in short-term borrowings
Proceeds from long-term debt
Repayments of long-term debt
Dividends paid
Other-net
Net cash provided by financing activities
Foreign currency translation adjustments on cash and cash equivalents
Net decrease in cash and cash equivalents
Cash and cash equivalents of newly consolidated subsidiaries, beginning of year
Cash and cash equivalents of deconsolidated subsidiaries, end of year
Cash and cash equivalents of merged previously non-consolidated subsidiary
Cash and cash equivalents, beginning of year
Cash and cash equivalents, end of year
Non-cash investing and financing activities
Assets increased by consolidation of subsidiaries previously unconsolidated
Liabilities increased by consolidation of subsidiaries previously unconsolidated
Assets acquired and liabilities assumed by merger between non-consolidated subsidiary
and consolidated subsidiary
Land and buildings acquired
Other assets acquired
Long-term debt assumed
Other liabilities assumed
See Notes to Consolidated Financial Statements.
Thousands of
U.S. Dollars
(Note1)
2003
$(92,578)
14,100
169,444
20,440
5,407
(77,121)
16,982
(12,879)
8,685
(18,498)
(168,871)
166,557
46,572
170,818
78,240
(164,391)
82,184
(51,142)
49,694
(639)
(69,886)
(154,180)
(438,901)
651,556
(137,469)
(64)
(3,192)
71,930
(5,662)
(9,672)
1,999
204,779
$197,106
$3,577
703
2002
¥2,755
(29,711)
17,917
7,304
1,258
(3,180)
3,358
(1,800)
235
42,719
(4,246)
(40,807)
(5,273)
(12,226)
(9,471)
(28,423)
3,517
(8,812)
8,489
653
(1,276)
(25,852)
27,814
26,156
(25,740)
(2,951)
(166)
25,113
581
(9,629)
352
(0)
159
33,732
¥24,614
¥544
127
259
87
70
41
2003
¥(11,128)
1,695
20,367
2,457
650
(9,270)
2,041
(1,548)
1,044
(2,223)
(20,298)
20,020
5,597
20,532
9,404
(19,760)
9,879
(6,147)
5,973
(77)
(8,400)
(18,532)
(52,756)
78,317
(16,524)
(8)
(383)
8,646
(681)
(1,163)
241
24,614
¥23,692
¥430
84
Millions of Yen