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34
Notes to Consolidated Financial Statements
Toshiba Corporation and Subsidiaries
March 31, 2010
8. INVENTORIES
Inventories consist of the following:
Thousands of
Millions of yen U.S. dollars
March 31 2010 2009 2010
Finished products ¥303,860 ¥263,498 $3,267,312
Work in process:
Long-term contracts 96,376 93,922 1,036,301
Other 243,807 253,037 2,621,580
Raw materials 151,558 147,848 1,629,656
¥795,601 ¥758,305 $8,554,849
9. INVESTMENTS IN AND ADVANCES TO AFFILIATES
The Company’s significant investments in affiliated companies accounted for by the equity method together with the per-
centage of the Company’s ownership of voting shares at March 31, 2010 were: Topcon Corporation (35.5%); Toshiba
Machine Co., Ltd. (22.1%); Toshiba Finance Corporation (“TFC”) (35.0%); Toshiba Mitsubishi-Electric Industrial Systems
Corporation (50.0%); and Semp Toshiba Amazonas S.A. (40.0%).
Of the affiliates which were accounted for by the equity method, the investments in common stock of the listed companies
were carried at ¥36,097 million ($388,140 thousand) and ¥36,779 million at March 31, 2010 (5 companies) and 2009 (4 com-
panies), respectively. The Company’s investments in these companies had market values of ¥44,192 million ($475,183 thou-
sand) and ¥29,843 million at March 31, 2010 and 2009, respectively, based on quoted market prices at those dates.
Summarized financial information of the affiliates accounted for by the equity method is shown below:
Thousands of
Millions of yen U.S. dollars
March 31 2010 2009 2010
Current assets ¥1,263,890 ¥1,215,888 $13,590,215
Other assets including property, plant and equipment 1,111,965 1,184,261 11,956,613
Total assets ¥2,375,855 ¥2,400,149 $25,546,828
Current liabilities ¥998,135 ¥1,038,800 $10,732,635
Long-term liabilities 701,219 769,043 7,539,989
Equity 676,501 592,306 7,274,204
Total liabilities and equity ¥2,375,855 ¥2,400,149 $25,546,828
Thousands of
Millions of yen U.S. dollars
Year ended March 31 2010 2009 2010
Sales ¥1,876,055 ¥2,039,742 $20,172,634
Net income 59,403 33,155 638,742
A summary of transactions and balances with the affiliates accounted for by the equity method is presented below:
Thousands of
Millions of yen U.S. dollars
Year ended March 31 2010 2009 2010
Sales ¥149,196 ¥214,742 $1,604,258
Purchases 132,823 167,632 1,428,204
Dividends 11,580 11,227 124,516
Thousands of
Millions of yen U.S. dollars
March 31 2010 2009 2010
Notes and accounts receivable, trade ¥36,607 ¥36,252 $393,624
Other receivables 11,395 8,127 122,527
Long-term loans receivable 100,397 105,150 1,079,538
Notes and accounts payable, trade 110,700 95,275 1,190,323
Other payables 23,319 31,980 250,742
Capital lease obligations 37,438 44,246 402,559