Olympus 2008 Annual Report Download - page 39

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OLYMPUS 2008 37
CONSOLIDATED STATEMENT OF CHANGES IN NET ASSETS
Olympus Corporation and Consolidated Subsidiaries
For the years ended March 31, 2008 and 2007
(Millions of yen)
Net Net
unrealized unrealized
holding gains gains
on available- (losses) on Foreign
Total for-sale hedging currency
Common Capital Retained Treasury shareholders’ securities, derivatives, translation Minority Total
stock surplus earnings stock, at cost equity net of taxes net of taxes adjustments interests net assets
Shareholders’ equity at March 31, 2006
as previously reported ............................................. ¥48,332 ¥73,049 ¥153,864 ¥(1,884) ¥273,361 ¥16,422 ¥ — ¥ 873 ¥ — ¥290,656
Reclassification due to adoption of new accounting
standards for presentation of net assets in the
balance sheet at April 1, 2006 ............................... 9,657 9,657
Net assets at April 1, 2006 ........................................ ¥48,332 ¥73,049 ¥153,864 ¥(1,884) ¥273,361 ¥16,422 ¥ — ¥ 873 ¥ 9,657 ¥300,313
Cash dividends paid (Note) ....................................... (3,921) (3,921) (3,921)
Cash dividends paid ................................................. (2,974) (2,974) (2,974)
Bonus to directors and corporate auditors (Note) ..... (137) (137) (137)
Net income ............................................................... 47,799 47,799 47,799
Adjustment on projected benefit obligation
of the consolidated subsidiary in the UK .................. (1,066) (1,066) (1,066)
Adjustment on projected benefit obligation
of the consolidated subsidiary in the United States . (2,443) (2,443) (2,443)
Acquisition of treasury stock .................................... (380) (380) (380)
Net change in items other than shareholders’ equity (344) (184) 7,204 1,004 7,680
Net changes during the year ..................................... — — 37,258 (380) 36,878 (344) (184) 7,204 1,004 44,558
Net assets at March 31, 2007 ................................... ¥48,332 ¥73,049 ¥191,122 ¥(2,264) ¥310,239 ¥16,078 ¥(184) ¥ 8,077 ¥10,661 ¥344,871
Cash dividends paid ................................................. (11,893) (11,893) (11,893)
Increase in retained earnings due to exclusion
of subsidiaries from consolidation ........................... 387 387 387
Net income ............................................................... 57,969 57,969 57,969
Adjustment on projected benefit obligation
of the consolidated subsidiary in the UK .................. (465) (465) (465)
Adjustment on projected benefit obligation
of the consolidated subsidiary in the United States . 697 697 697
Acquisition of treasury stock .................................... (370) (370) (370)
Net change in items other than shareholders’ equity (9,758) 218 (14,644) 864 (23,320)
Net changes during the year ..................................... — — 46,695 (370) 46,325 (9,758) 218 (14,644) 864 23,005
Balance at March 31, 2008 ....................................... ¥48,332 ¥73,049 ¥237,817 ¥(2,634) ¥356,564 ¥6,320 ¥ 34 ¥ (6,567) ¥11,525 ¥367,876
Note: Approved as appropriations of earnings at 2006 Annual General Shareholders’ Meeting.
(Thousands of U.S. Dollars) (Note 1)
Net Net
unrealized unrealized
holding gains gains
on available- (losses) on Foreign
Total for-sale hedging currency
Common Capital Retained Treasury shareholders’ securities, derivatives, translation Minority Total
stock surplus earnings stock, at cost equity net of taxes net of taxes adjustments interests net assets
Net assets at March 31, 2007 ................................... $460,305 $695,705 $1,820,210 $(21,562) $2,954,658 $153,123 $(1,752) $ 76,924 $101,533 $3,284,486
Cash dividends paid ................................................. (113,267) (113,267) (113,267)
Increase in retained earnings due to exclusion
of subsidiaries from consolidation ........................... 3,686 3,686 3,686
Net income ............................................................... 552,086 552,086 552,086
Adjustment on projected benefit obligation
of the consolidated subsidiary in the UK .................. (4,429) (4,429) (4,429)
Adjustment on projected benefit obligation
of the consolidated subsidiary in the United States . 6,638 6,638 6,638
Acquisition of treasury stock .................................... (3,524) (3,524) (3,524)
Net change in items other than shareholders’ equity (92,933) 2,076 (139,467) 8,229 (222,095)
Net changes during the year ..................................... — — 444,714 (3,524) 441,190 (92,933) 2,076 (139,467) 8,229 219,095
Balance at March 31, 2008 ....................................... $460,305 $695,705 $2,264,924 $(25,086) $3,395,848 $ 60,190 $ 324 $ (62,543) $109,762 $3,503,581