Pioneer 2016 Annual Report Download - page 24

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Pioneer Corporation and Its Subsidiaries
March 31, 2016
Millions of Yen
Thousands of
U.S. Dollars
(Note 1)
ASSETS 2016 2015 2016
Current Assets:
Cash and cash equivalents (Note 15) ¥ 51,993 ¥ 51,676 $ 460,115
Time deposits (Note 15) – 484 –
Receivables (Note 15):
Trade receivables 74,596 79,158 660,141
Inventories (Note 4) 52,837 63,295 467,584
Deferred tax assets (Note 10) 4,027 4,563 35,637
Other current assets 17,555 20,666 155,354
Allowance for doubtful receivables (3,308) (2,195) (29,274)
Total current assets 197,700 217,647 1,749,557
Property, Plant and Equipment (Notes 5, 6 and 7):
Land 11,103 16,053 98,257
Buildings and structures 52,138 64,524 461,398
Machinery, equipment and others 66,185 60,067 585,708
Lease assets 6,975 15,040 61,726
Construction in progress 343 484 3,035
Others 64,478 79,657 570,602
Total 201,222 235,825 1,780,726
Accumulated depreciation (158,528) (178,196) (1,402,903)
Net property, plant and equipment 42,694 57,629 377,823
Investments and Other Assets:
Investment securities (Notes 3, 7 and 15) 4,164 4,255 36,850
Investments in associated companies (Note 15) 1,917 2,094 16,965
Software 23,134 25,600 204,725
Software in progress 22,489 14,376 199,018
Goodwill 480 522 4,248
Deferred tax assets (Note 10) 1,159 2,049 10,257
Net defined benefit asset (Note 8) 915 1,118 8,097
Other assets 3,360 3,067 29,734
Allowance for doubtful accounts – (80) –
Total investments and other assets 57,618 53,001 509,894
Total ¥ 298,012 ¥ 328,277 $ 2,637,274
See notes to consolidated financial statements.
Consolidated Balance Sheet
22 Pioneer Corporation Annual Report 2016