Sharp 2009 Annual Report Download - page 42

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In China, sales increased by 0.2% to ¥642,716 million
and operating income amounted to ¥9,988 million (operat-
ing income of ¥9,835 million in the prior year). Sales of
CCD/CMOS imagers fell, while sales of LCD TVs were
strong and sales of mobile phones expanded.
In Other, sales were down 17.0% to ¥315,730 million
and operating income amounted to ¥5,158 million (operat-
ing income of ¥3,683 million in the prior year). Sales of
solar cells expanded, however, sales of LCD panels for
TVs and microwave ovens decreased.
*
Capital investment for the fiscal year was ¥260,337 million,
down 24.4% from the prior year. The majority of this was
investment to reinforce production lines at the Kameyama
No. 2 Plant and proceed with the construction of a new
LCD panel plant planned for Sakai City, Osaka Prefecture
aimed at enhancing the competitiveness and improving
earnings of large-size LCD panels, as well as to develop
new production lines at the Katsuragi Plant and push for-
ward with the construction of a thin-film solar cell plant in
Sakai in order to expand its thin-film solar cell business.
The capital investment of Consumer/Information
Products was ¥47,238 million and of Electronic Compo-
nents was ¥213,099 million.
Depreciation and amortization increased by 14.2% to
¥315,799 million.
* The amount of leased properties is included in capital investment.

Total assets decreased by ¥384,486 million over the prior
year to ¥2,688,721 million.

Current assets amounted to ¥1,301,962 million, a
decrease of ¥340,660 million from the prior year. This was
due mainly to a decrease in notes and accounts receivable
of ¥249,852 million to ¥430,064 million and a decrease in
inventories of ¥54,367 million to ¥399,985 million. Of
inventories, finished products were down ¥18,950 million
to ¥179,629 million, work in process was up ¥131 million
to ¥148,482 million, and raw materials were down
¥35,548 million to ¥71,874 million.
Plant and equipment decreased by ¥73,713 million to
¥1,032,075 million due to the exclusion from the scope of
consolidation of Sharp Finance Corporation.
Investments and other assets stood at ¥354,684 mil-
lion, up ¥29,887 million. This was due mainly to an
increase in deferred tax assets of ¥86,520 million, despite
a decrease of ¥65,278 million in investments in securities.
Inventories
(billions of yen)
Depreciation and Amortization
(billions of yen)
Capital Investment
(billions of yen)
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