Pioneer 2013 Annual Report Download - page 27

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Millions of Yen
Thousands of
U.S. Dollars
(Note 1)
LIABILITIES AND EQUITY 2013 2012 2013
Current Liabilities:
Short-term borrowings (Notes 7 and 15) ¥ 20,535 ¥ 9,052 $ 218,457
Current portion of long-term debt (Notes 7 and 15) 64,218 71,373 683,170
Trade payables (Note 15) 58,773 73,276 625,245
Income taxes payable (Note 15) 2,617 5,503 27,841
Accrued expenses 28,431 33,787 302,457
Warranty reserve 2,678 2,561 28,490
Provision for restructuring costs (Note 14) 6,211 – 66,074
Other current liabilities 15,787 13,618 167,947
Total current liabilities 199,250 209,170 2,119,681
Long-term Liabilities:
Long-term debt (Notes 7 and 15) 15,078 10,943 160,404
Accrued pension and severance costs (Note 8) 13,153 10,771 139,926
Other long-term liabilities (Note 10) 2,268 2,091 24,127
Total long-term liabilities 30,499 23,805 324,457
Commitments and Contingent Liabilities (Note 12):
Equity (Note 9):
Common stock, no par value
Authorized: 400,000,000 shares;
Issued: 326,093,836 shares in 2013 and 2012 87,257 87,257 928,266
Capital surplus 51,541 119,487 548,309
Retained earnings (accumulated deficit) 17,318 (31,076) 184,234
Treasury stock—at cost, 5,024,569 shares in 2013 and 5,024,047 shares in 2012 (11,050) (11,050) (117,553)
Accumulated other comprehensive income (loss):
Unrealized gain (loss) on available-for-sale securities 695 (1,064) 7,394
Deferred loss on derivatives under hedge accounting (34) (105) (362)
Foreign currency translation adjustments (66,260) (77,140) (704,894)
Pension adjustments recognized by foreign consolidated subsidiaries (3,063) (2,196) (32,585)
Total accumulated other comprehensive loss (68,662) (80,505) (730,447)
Minority interests 5,172 4,924 55,021
Total equity 81,576 89,037 867,830
Total ¥311,325 ¥322,012 $3,311,968
See notes to consolidated financial statements.
Pioneer Corporation Annual Report 2013
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