Pioneer 2008 Annual Report Download - page 34

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PIONEER CORPORATION
32
Consolidated Balance Sheets
Pioneer Corporation and Subsidiaries
March 31
Millions of Yen
Thousands of
U.S. Dollars
(Note 1)
Assets 2007 2008 2008
Current assets:
Cash and cash equivalents—
Cash, including time deposits of ¥30,487 million—
$304,870 thousand (¥41,342 million in 2007) ¥ 101,820 ¥ 81,180 $ 811,800
Trade receivables—
Notes 2,210 1,192 11,920
Accounts (Notes 7 and 12) 118,446 94,257 942,570
Allowance for doubtful notes and accounts (Note 24) (2,781) (2,381) (23,810)
Inventories (Note 8) 105,331 104,168 1,041,680
Deferred income taxes (Note 14) 28,245 20,254 202,540
Prepaid expenses and other current assets 40,821 50,567 505,670
Total current assets 394,092 349,237 3,492,370
Investments and long-term receivables:
Available-for-sale securities (Notes 3 and 6) 22,265 32,357 323,570
Investments in and advances to affi liated companies (Note 9) 1,998 2,226 22,260
Sundry investments (Notes 6 and 22) 2,857 1,662 16,620
Long-term receivables, less allowance for doubtful accounts of
¥109 million—$1,090 thousand (¥106 million in 2007) (Note 24) 99 152 1,520
Total investments and long-term receivables 27,219 36,397 363,970
Property, plant and equipment (Note 11):
Land (Notes 12 and 18) 33,196 33,801 338,010
Buildings (Notes 12 and 18) 114,727 104,524 1,045,240
Machinery and equipment 235,779 214,091 2,140,910
Construction in progress 15,035 5,317 53,170
Total 398,737 357,733 3,577,330
Accumulated depreciation (252,262) (234,981) (2,349,810)
Net property, plant and equipment 146,475 122,752 1,227,520
Other assets:
Intangible assets (Note 10) 18,248 15,914 159,140
Goodwill (Note 10) – 1,824 18,240
Deferred income taxes (Note 14) 37,903 39,915 399,150
Other 11,537 10,077 100,770
Total other assets 67,688 67,730 677,300
Total assets ¥ 635,474 ¥ 576,116 $ 5,761,160
See notes to consolidated financial statements.