Olympus 2012 Annual Report Download - page 88

Download and view the complete annual report

Please find page 88 of the 2012 Olympus 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 105

  • 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
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92
  • 93
  • 94
  • 95
  • 96
  • 97
  • 98
  • 99
  • 100
  • 101
  • 102
  • 103
  • 104
  • 105

17. SELLING, GENERAL AND ADMINISTRATIVE EXPENSES
For the years ended March 31, Millions of yen
Thousands of
U.S. dollars
2012 2011 2012
Advertising and promotion expenses ............................................................................................................................ ¥ 42,612 ¥ 44,620 $ 532,650
Salaries and allowance ................................................................................................................................................ 106,401 102,594 1,330,013
Bonuses ..................................................................................................................................................................... 21,721 18,952 271,513
Retirement benefit expenses ........................................................................................................................................ 9,263 7,538 115,788
Amortization of goodwill .............................................................................................................................................. 11,103 11,619 138,788
Experiment and research expenses .............................................................................................................................. 33,113 38,711 413,913
Depreciation ............................................................................................................................................................... 23,423 24,167 292,788
The total of research and development costs included in “Selling, general and administrative expenses” and manufacturing costs for the years ended March 31, 2012 and 2011
amounted to ¥61,356 ($766,950) million and ¥67,286 million, respectively.
18. IMPAIRMENT LOSS ON FIXED ASSETS
The loss on impairment of fixed assets that the Company and its consolidated subsidiaries recorded for the years ended March 31, 2012 and 2011 were as follows:
For the year ended March 31, 2012
Use Type of assets Location Millions of yen
Thousands of
U.S. dollars
Assets used for Imaging Business Land Tokyo, Guangdong Province ¥ 3,008 $ 37,600
Buildings and structures in China and others 4,051 50,637
Tools, furniture and fixtures 1,265 15,812
Machinery and equipment 1,404 17,550
Right of using facilities 122 1,525
Patent 284 3,550
Software, etc. 865 10,812
Long-term prepaid expenses 594 7,425
Assets used for Other Business Land Nagano and others 345 4,312
Buildings and structures 222 2,775
Tools, furniture and fixtures 325 4,062
Machinery and equipment 285 3,563
Leased assets 8 100
Software, etc. 50 625
Long-term prepaid expenses 1,977 24,713
Assets used for Life Science Patent —301 3,763
and Industrial Business
Assets used for Information Buildings and structures Tokyo 52 650
and Communication Business Tools, furniture and fixtures 6 75
Software 12 150
Idle properties Buildings and structures Nagano, Singapore 358 4,475
Tools, furniture and fixtures and others 1 13
Machinery and equipment 9 113
Leasehold right 5 63
Software, etc. 290 3,625
Total ¥ 15,839 $ 197,988
For the year ended March 31, 2011
Use Type of assets Location Millions of yen
Assets used for Other Business Construction in progress Nagano ¥ 482
Total ¥ 482
NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
OLYMPUS 󱚈 Annual Report 2012
86