Pioneer 2008 Annual Report Download - page 64

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PIONEER CORPORATION
62
19. Supplemental information:
Supplemental information for the years ended March 31, 2006, 2007 and 2008 is as follows:
Millions of Yen
Thousands of
U.S. Dollars
2006 2007 2008 2008
Research and development expenses charged to cost and expenses ¥63,442 ¥59,222 ¥59,395 $593,950
Advertising costs charged to expense as incurred 10,961 14,048 11,226 112,260
Others of revenues and other income for the years ended March 31, 2006, 2007 and 2008 consisted of the following:
Millions of Yen
Thousands of
U.S. Dollars
2006 2007 2008 2008
Gain on sale of available-for-sale securities and sundry investments ¥5,711 ¥1,154 ¥ 758 $ 7,580
Dividend income 481 397 414 4,140
Other 597 712 851 8,510
Total ¥6,789 ¥2,263 ¥2,023 $20,230
Other deductions of cost and expenses for the years ended March 31, 2006, 2007 and 2008 consisted of the following:
Millions of Yen
Thousands of
U.S. Dollars
2006 2007 2008 2008
Impairment of long-lived assets (Note 11) ¥41,422 ¥22,711 ¥23,293 $232,930
Special termination benefits 14,095 – – –
Write-down of available-for-sale securities and sundry investments 133 38 334 3,340
Office relocation costs – – 439 4,390
Foreign exchange loss, net 2,326 2,558 1,031 10,310
Other 2,044 226 752 7,520
Total ¥60,020 ¥25,533 ¥25,849 $258,490
20. Leased assets:
The Company leases certain land, machinery and equipment, office space, warehouses, computer equipment and employees’
residential facilities.
An analysis of assets under capital leases was as follows:
Millions of Yen
Thousands of
U.S. Dollars
2007 2008 2008
Machinery and equipment ¥13,033 ¥ 13,021 $ 130,210
Accumulated depreciation (8,143) (10,536) (105,360)
Total 4,890 2,485 24,850
Impairment losses recognized ¥ (4,890) ¥ (2,485) $ (24,850)
Total – – –
The above leased assets are part of the PPD’s production facilities for which impairment losses were recognized, as described
in Note 11. The balance of the leased assets in the consolidated balance sheets at March 31, 2007 and 2008 was zero.