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37
TOSHIBA Annual Report 2013
9. INVESTMENTS IN AND ADVANCES TO AFFILIATES
The Group's significant investments in affiliated companies accounted for by the equity method together with the
percentage of the Group's ownership of voting shares at March 31, 2013 were: NREG Toshiba Building Co., Ltd. (35.0%);
Topcon Corporation (30.4%); Toshiba Machine Co., Ltd. (22.1%); 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 (5 companies) were carried at ¥42,804 million ($455,362 thousand) and ¥37,046 million at March 31, 2013 and
2012, respectively. The Group's investments in these companies had market values of ¥57,499 million ($611,691 thousand)
and ¥61,886 million at March 31, 2013 and 2012, respectively, based on quoted market prices at those dates.
Summarized financial information of the affiliates accounted for by the equity method is shown below:
Millions of yen
Thousands of
U.S. dollars
March 31 2013 2012 2013
Current assets ¥ 1,091,617 ¥ 1,099,093 $ 11,612,947
Other assets including property, plant and equipment 915,934 979,734 9,743,979
Total assets ¥ 2,007,551 ¥ 2,078,827 $ 21,356,926
Current liabilities ¥ 764,641 ¥ 835,997 $ 8,134,479
Long-term liabilities 417,344 499,185 4,439,830
Equity 825,566 743,645 8,782,617
Total liabilities and equity ¥ 2,007,551 ¥ 2,078,827 $ 21,356,926
Millions of yen
Thousands of
U.S. dollars
Year ended March 31 2013 2012 2013
Sales ¥ 1,658,877 ¥ 1,933,680 $ 17,647,628
Net income 59,367 62,953 631,564
A summary of transactions and balances with the affiliates accounted for by the equity method is presented below:
Millions of yen
Thousands of
U.S. dollars
Year ended March 31 2013 2012 2013
Sales ¥ 125,575 ¥ 167,832 $ 1,335,904
Purchases 110,916 155,522 1,179,957
Dividends 7,411 3,391 78,840
Millions of yen
Thousands of
U.S. dollars
March 31 2013 2012 2013
Notes and accounts receivable, trade ¥ 34,038 ¥ 44,045 $ 362,106
Other receivables 11,029 15,877 117,330
Short-term loans receivable 51,500 18,000 547,872
Long-term loans receivable 62,982 121,877 670,021
Notes and accounts payable, trade 18,565 17,023 197,500
Other payables 11,208 12,943 119,234