Pioneer 2016 Annual Report Download - page 25

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Millions of Yen
Thousands of
U.S. Dollars
(Note 1)
LIABILITIES AND EQUITY 2016 2015 2016
Current Liabilities:
Short-term borrowings (Notes 7 and 15) ¥ 12,257 ¥ 17,871 $ 108,469
Current portion of long-term debt (Notes 7 and 15) 971 8,135 8,593
Trade payables (Note 15) 69,821 76,359 617,885
Income taxes payable (Note 15) 2,031 2,266 17,973
Accrued expenses 30,907 44,834 273,513
Warranty reserve 2,112 2,531 18,690
Other current liabilities 21,044 22,035 186,231
Total current liabilities 139,143 174,031 1,231,354
Long-term Liabilities:
Long-term debt (Notes 7 and 15) 10,697 10,936 94,664
Accrued pension and severance costs (Note 8) 39,108 32,202 346,088
Convertible bonds (Notes 7 and 15) 15,071 – 133,372
Other long-term liabilities (Note 10) 3,507 4,042 31,035
Total long-term liabilities 68,383 47,180 605,159
Commitments and Contingent Liabilities (Notes 12 and 16):
Equity (Note 9):
Common stock, no par value
Authorized: 800,000,000 shares;
Issued: 372,223,436 shares in 2016 and 2015 91,732 91,732 811,788
Capital surplus 56,016 56,016 495,717
Retained earnings 34,038 33,277 301,221
Treasury stock—at cost, 5,029,993 shares in 2016 and 5,028,727 shares in 2015 (11,051) (11,051) (97,796)
Accumulated other comprehensive income (loss):
Unrealized loss on available-for-sale securities (286) (105) (2,531)
Deferred loss on derivatives under hedge accounting (88) –(779)
Foreign currency translation adjustments (56,329) (47,369) (498,487)
Defined retirement benefit plans (Note 8) (28,357) (20,767) (250,947)
Total accumulated other comprehensive loss (85,060) (68,241) (752,744)
Noncontrolling interests 4,811 5,333 42,575
Total equity 90,486 107,066 800,761
Total ¥298,012 ¥328,277 $2,637,274
See notes to consolidated financial statements.
23
Pioneer Corporation Annual Report 2016