Pioneer 2014 Annual Report Download - page 27

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Millions of Yen
Thousands of
U.S. Dollars
(Note 1)
LIABILITIES AND EQUITY 2014 2013 2014
Current Liabilities:
Short-term borrowings (Notes 6 and 14) ¥ 22,178 ¥ 20,535 $ 215,320
Current portion of long-term debt (Notes 6 and 14) 67,476 64,218 655,107
Trade payables (Note 14) 71,657 58,773 695,699
Income taxes payable (Note 14) 2,817 2,617 27,350
Accrued expenses 28,973 28,431 281,291
Warranty reserve 2,290 2,678 22,233
Provision for restructuring costs (Note 13) – 6,211 –
Other current liabilities 16,425 15,787 159,466
Total current liabilities 211,816 199,250 2,056,466
Long-term Liabilities:
Long-term debt (Notes 6 and 14) 1,519 15,078 14,748
Accrued pension and severance costs (Note 7) 34,585 13,153 335,777
Other long-term liabilities (Note 9) 2,177 2,268 21,135
Total long-term liabilities 38,281 30,499 371,660
Commitments and Contingent Liabilities (Notes 11 and 15):
Equity (Note 8):
Common stock, no par value
Authorized: 400,000,000 shares;
Issued: 372,223,436 shares in 2014 and 326,093,836 shares in 2013 91,732 87,257 890,602
Capital surplus 56,016 51,541 543,845
Retained earnings 17,849 17,318 173,291
Treasury stock—at cost, 5,026,895 shares in 2014 and 5,024,569 shares in 2013 (11,051) (11,050) (107,291)
Accumulated other comprehensive income (loss):
Unrealized gain on available-for-sale securities 1,168 695 11,340
Deferred loss on derivatives under hedge accounting – (34) –
Foreign currency translation adjustments (59,688) (66,260) (579,495)
Pension adjustments recognized by foreign consolidated subsidiaries – (3,063) –
Defined retirement benefit plans (Note 7) (23,567) – (228,806)
Total accumulated other comprehensive loss (82,087) (68,662) (796,961)
Minority interests 5,357 5,172 52,010
Total equity 77,816 81,576 755,496
Total ¥327,913 ¥311,325 $3,183,622
See notes to consolidated financial statements.
25
Pioneer Corporation
Annual Report 2014