Olympus 2008 Annual Report Download - page 37

OLYMPUS 2008 35
Thousands of
Millions of yen U.S. dollars (Note 1)
2008 2007 2008
LIABILITIES AND NET ASSETS
Current Liabilities:
Short-term borrowings (Notes 8 and 17) .................................................................... ¥ 311,962 ¥ 139,973 $ 2,971,067
Current maturities of long-term debt (Notes 9 and 17) ............................................... 62,026 8,638 590,724
Notes and accounts payable (Notes 10 and 16) .......................................................... 83,602 100,252 796,210
Other payable (Note 3a) ............................................................................................. 76,185 — 725,571
Accrued expenses ...................................................................................................... 92,608 86,284 881,981
Income taxes payable ................................................................................................ 14,121 16,631 134,486
Other current liabilities .............................................................................................. 21,950 58,338 209,047
Total current liabilities ............................................................................................ 662,454 410,116 6,309,086
Non-Current Liabilities:
Long-term debt, less current maturities (Notes 9 and 17) .......................................... 282,768 313,603 2,693,029
Deferred income taxes (Note 3b) ................................................................................ 30,488 — 290,362
Severance and retirement allowance (Note 11) .......................................................... 10,439 9,612 99,419
Other non-current liabilities ....................................................................................... 4,324 13,598 41,180
Total non-current liabilities ..................................................................................... 328,019 336,813 3,123,990
Contingent Liabilities: (Note 15)
Net Assets: (Note 14)
Common stock:
Authorized-1,000,000,000 shares
Issued-271,283,608 shares as of March 31, 2008 ..................................................... 48,332 48,332 460,305
Capital surplus........................................................................................................... 73,049 73,049 695,705
Retained earnings ...................................................................................................... 237,817 191,122 2,264,924
Treasury stock, at cost ............................................................................................... (2,634) (2,264) (25,086)
Total shareholders’ equity ....................................................................................... 356,564 310,239 3,395,848
Net unrealized holding gains on available-for-sale securities, net of taxes ................ 6,320 16,078 60,190
Net unrealized gains (losses) on hedging derivatives, net of taxes ............................. 34 (184) 324
Foreign currency translation adjustments ................................................................. (6,567) 8,077 (62,543)
Total valuation and translation adjustments............................................................ (213) 23,971 (2,029)
Minority interests ......................................................................................................... 11,525 10,661 109,762
Total net assets ....................................................................................................... 367,876 344,871 3,503,581
¥1,358,349 ¥1,091,800 $12,936,657