Olympus 2015 Annual Report Download - page 40

Millions of yen
Thousands of
U.S. dollars (Note 1)
2014 2015 2015
ASSETS
CURRENT ASSETS:
Cash and deposits (Notes 4 and 25) ¥ 252,121 ¥ 209,875 $ 1,748,958
Notes and accounts receivable (Notes 4 and 6) 132,233 148,127 1,234,392
Allowance for doubtful accounts (3,386) (4,269) (35,575)
Lease receivables and leased investment assets (Notes 17 and 27) 23,454 31,683 264,025
Inventories (Note 7) 98,595 107,387 894,892
Deferred income taxes (Note 14) 35,925 40,341 336,175
Other current assets 37,570 44,384 369,866
Total current assets 576,512 577,528 4,812,733
PROPERTY, PLANT AND EQUIPMENT:
Land 15,561 16,073 133,942
Buildings and structures 126,026 127,751 1,064,592
Machinery and equipment 244,330 258,832 2,156,933
Leased assets 13,086 16,703 139,192
Construction in progress 1,550 5,595 46,625
400,553 424,954 3,541,283
Less–Accumulated depreciation (265,113) (274,809) (2,290,075)
Net property, plant and equipment 135,440 150,145 1,251,208
INVESTMENTS AND OTHER ASSETS:
Investment securities (Notes 4 and 5) 56,076 72,263 602,192
Deferred income taxes (Note 14) 12,247 9,480 79,000
Goodwill 106,850 114,025 950,208
Net defined benefit assets (Note 11) 28,217 36,547 304,558
Other assets (Notes 17 and 27) 122,096 131,119 1,092,658
Allowance for doubtful accounts (Note 12) (9,963) (9,556) (79,632)
Total investments and other assets 315,523 353,878 2,948,984
Total assets ¥1,027,475 ¥1,081,551 $ 9,012,925
See accompanying notes to consolidated financial statements.
Millions of yen
Thousands of
U.S. dollars (Note 1)
2014 2015 2015
LIABILITIES AND NET ASSETS
CURRENT LIABILITIES:
Short-term borrowings (Notes 4, 8 and 17) ¥ 16,966 ¥ 29,118 $ 242,650
Current maturities of long-term debt (Notes 4, 9 and 17) 52,051 72,017 600,142
Notes and accounts payable (Notes 4 and 10) 45,409 39,155 326,292
Other payables 28,871 37,450 312,083
Accrued expenses 73,738 83,391 694,925
Provision for warranty costs 8,937 5,116 42,633
Income taxes payable (Note 14) 13,403 12,612 105,100
Provision for loss on business liquidation 4,683 481 4,008
Provision for loss on litigation 11,000 11,000 91,667
Provision for loss related to the investigation under U.S.
Anti-kickback Act and the related Act (Note 23) — 58,883 490,692
Other current liabilities 21,248 25,570 703,774
Total current liabilities 276,306 374,793 3,123,274
NON-CURRENT LIABILITIES:
Long-term debt, less current maturities (Notes 4, 9 and 17) 346,814 253,286 2,110,717
Deferred income taxes (Note 14) 33,711 39,160 326,333
Liabilities for retirement benefits (Note 11) 27,349 38,463 320,525
Other non-current liabilities 12,011 18,595 154,959
Total non-current liabilities 419,885 349,504 2,912,533
Total liabilities 696,191 724,297 6,035,807
CONTINGENT LIABILITIES (Note 16)
NET ASSETS (Note 15):
Common stock:
Authorized—1,000,000,000 shares
Issued—342,671,508 shares as of March 31, 2014 and 2015 124,520 124,520 1,037,667
Capital surplus 131,871 90,940 757,833
Retained earnings 81,534 113,817 948,475
Treasury stock, at cost (1,098) (1,111) (9,258)
Total shareholders’ equity 336,827 328,166 2,734,717
Net unrealized holding gains on available-for-sale securities, net of taxes 11,836 24,764 206,367
Net unrealized losses on hedging derivatives, net of taxes (1) (8) (67)
Foreign currency translation adjustments (13,411) 15,285 127,375
Retirement benefits liability adjustments (5,732) (12,745) (106,208)
Total accumulated other comprehensive income (loss) (7,308) 27,296 227,467
Stock acquisition rights 115 260 2,167
Minority interests 1,650 1,532 12,767
Total net assets 331,284 357,254 2,977,118
Total liabilities and net assets ¥1,027,475 ¥1,081,551 $9,012,925
Consolidated Balance Sheets
Olympus Corporation and Consolidated Subsidiaries
As of March 31, 2014 and 2015
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OLYMPUS Annual Report 2015
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