Nissan 2016 Annual Report Download - page 16

FINANCIAL STATEMENTS
Consolidated balance sheets (China JV Equity basis)
(Millions of yen)
FY2014
As of March 31, 2015
FY2015
As of March 31, 2016
Liabilities
Current liabilities
Trade notes and accounts payable 1,554,399 1,479,689
Short-term borrowings 1,022,613 1,037,271
Current portion of long-term borrowings 1,376,780 1,350,894
Commercial paper 200,692 499,875
Current portion of bonds 216,942 357,998
Lease obligations 23,043 14,916
Accrued expenses 908,909 981,989
Deferred tax liabilities 64 51
Accrued warranty costs 112,989 106,536
Other 1,001,064 934,968
Total current liabilities 6,417,495 6,764,187
Long-term liabilities
Bonds 1,095,518 969,987
Long-term borrowings 2,717,478 2,755,896
Lease obligations 18,167 14,460
Deferred tax liabilities 673,521 691,809
Accrued warranty costs 129,365 138,107
Net defined benefit liability 336,261 424,123
Other 410,592 474,329
Total long-term liabilities 5,380,902 5,468,711
Total liabilities 11,798,397 12,232,898
Net assets
Shareholders’ equity
Common stock 605,814 605,814
Capital surplus 804,567 805,646
Retained earnings 3,811,848 4,150,740
Treasury stock (148,239) (148,684)
Total shareholders equity 5,073,990 5,413,516
Accumulated other comprehensive income
Unrealized holding gain and loss on securities 95,600 64,030
Unrealized gain and loss from hedging instruments 7,185 (4,486)
Adjustment for revaluation of the accounts of the consolidated
subsidiaries based on general price level accounting (13,945) (13,945)
Translation adjustments (246,776) (582,363)
Remeasurements of defined benefit plans (81,638) (155,487)
Total accumulated other comprehensive income (239,574) (692,251)
Share subscription rights 2,294 502
Non-controlling interests 410,552 418,978
Total net assets 5,247,262 5,140,745
Total liabilities and net assets 17,045,659 17,373,643
(Millions of yen)
FY2014
As of March 31, 2015
FY2015
As of March 31, 2016
Assets
Current assets
Cash on hand and in banks 761,074 918,771
Trade notes and accounts receivable 888,814 837,704
Sales finance receivables 6,312,874 6,653,237
Securities 41,651 73,384
Merchandise and finished goods 853,962 857,818
Work in process 90,811 86,313
Raw materials and supplies 365,224 330,435
Deferred tax assets 226,891 251,689
Other 851,168 825,080
Allowance for doubtful accounts (75,124) (86,858)
Total current assets 10,317,345 10,747,573
Fixed assets
Property, plant and equipment
Buildings and structures, net 661,979 645,945
Machinery, equipment and vehicles, net 3,121,627 3,182,514
Land 643,940 625,152
Construction in progress 265,119 196,718
Other, net 573,574 566,573
Total property, plant and equipment 5,266,239 5,216,902
Intangible fixed assets 114,456 130,877
Investments and other assets
Investment securities 988,733 893,688
Long-term loans receivable 14,569 7,747
Net defined benefit assets 10,078 4,691
Deferred tax assets 140,669 187,106
Other 195,927 186,962
Allowance for doubtful accounts (2,357) (1,903)
Total investments and other assets 1,347,619 1,278,291
Total fixed assets 6,728,314 6,626,070
Total assets 17,045,659 17,373,643
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NISSAN MOTOR CORPORATION ANNUAL REPORT 2016
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