Ricoh 2002 Annual Report Download - page 43

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40
Reconciliations of the normal tax rates in Japan with the effective tax rates
for the years ended March 31, 2000, 2001 and 2002, are as follows:
Norm al tax rate
Permanently nondeductible expenses,
net of nontaxable income
Tax benefits not recognized on operating losses of
certain consolidated subsidiaries
Decrease in the beginning-of-the-year
balance of the valuation allowance for
deferred tax assets
Other, net
Effective tax rate
2 0 0 2
42%
2
0
( 2)
3
45%
42%
3
0
( 2)
( 3)
40%
2000 2001
4 2 %
1
3
( 0 )
( 1 )
4 5 %
Permanently nondeductible expenses include directors’ bonuses and enter-
tainment expenses. Permanently nontaxable incom e includes dividends received
and exported technology fees.
The tax effects of temporary differences giving rise to the consolidated deferred
income tax assets and liabilities as of March 31, 2001 and 2002 are as follows:
Income before income taxes, m inority interests and equity in earnings of affiliates—
Domestic
Foreign
Thousands of
U.S. dollars
2 0 0 2
Millions of yen
2 0 0 2
20012000
$719,722
1 3 7 ,0 4 5
$856,767
¥ 9 5 ,7 2 3
1 8 ,2 2 7
¥113,950
¥77,820
19,945
¥97,765
¥49,135
21,258
¥70,393
Provision for incom e taxes—
Current:
Domestic
Foreign
$327,549
6 6 ,1 7 3
3 9 3 ,7 2 2
¥ 4 3 ,5 6 4
8 ,8 0 1
5 2 ,3 6 5
¥38,105
8,311
46,416
Deferred:
Domestic
Foreign
Consolidated provision for incom e taxes
( 19,110)
1,057
( 18,053)
¥28,363
Provision for incom e taxes
Shareholders’ investm ent:
Foreign currency translation adjustm ents
Unrealized gains ( losses) on securities
Unrealized losses on derivatives
Minimum pension liability adjustm ent
2 0 0 2
Millions of yen
2 0 0 2
20012000
¥28,363
(3,723)
2,072
—
15,572
¥42,284
Thousands of
U.S. dollars
Total income taxes are allocated as follows:
Income before income taxes, m inority interests and equity in earnings of affiliates and provision for incom e taxes for the years ended March 31, 2000, 2001 and 2002
are as follows:
8 . INCOME TAXES
( 3 ,5 2 4 )
2 ,3 0 6
( 1 ,2 1 8 )
¥ 5 1 ,1 4 7
¥45,684
7,822
53,506
( 10,380)
386
( 9,994)
¥43,512
( 2 6 ,4 9 6 )
1 7 ,3 3 8
( 9 ,1 5 8 )
$384,564
$384,564
1 5 ,5 0 4
( 4 ,3 7 6 )
( 1 ,0 9 8 )
( 8 8 ,4 2 1 )
$306,173
¥ 5 1 ,1 4 7
2 ,0 6 2
( 5 8 2 )
( 1 4 6 )
( 1 1 ,7 6 0 )
¥ 4 0 ,7 2 1
¥43,512
( 1,252)
629
—
( 15,818)
¥27,071