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09
TOSHIBA Annual Report 2013
FINANCIAL POSITION
Total assets increased by 354.0 billion yen from the end of March 2012 to 6,106.7 billion yen ($64,965.2 million).
Shareholders' equity, or equity attributable to the shareholders of the Company, was 1,034.5 billion yen ($11,004.9
million), an increase of 171.0 billion yen from the end of March 2012. This reflects a rise in net income (loss) attributable to
shareholders of the Company and a significant improvement in the accumulated other comprehensive income, due to
the acceleration in yen depreciation and ensuing upturn in the stock market since the end of 2012.
Total interest-bearing debt increased by 235.8 billion yen since the end of March 2012 to 1,471.6 billion yen ($15,655.1
million). This reflected a rise of capital requirements to meet increased orders in the Social Infrastructure segment and for
strategic investments for future growth.
As a result of the foregoing, the shareholders' equity ratio at the end of March 2013 was 16.9%, a 1.9-point increase from
the end of March 2012, and the debt-to-equity ratio was 142%, a 1-point decrease from the end of March 2012.
CASH FLOWS
In the fiscal year under review, net cash provided by operating activities amounted to 132.3 billion yen, a decrease of
202.7 billion yen from net cash provided by operating activities of 335.0 billion yen in the previous fiscal year, due to a
decrease of net income attributable to shareholders of the Company.
Net cash used in investing activities amounted to 196.3 billion yen, a decrease of 180.9 billion yen from 377.2 billion yen
in the previous fiscal year. This was mainly due to effect of expenditure including the acquisition of L+G which was
invested in the previous year.
As a result of the foregoing, free cash flow amounted to -64.0 billion yen ($-681.2 million), a decrease of 21.8 billion yen
from -42.2 billion yen in the previous fiscal year, as cash flow from operating activities decreased mainly due to increased
working capital.
Net cash used in financing activities amounted to 41.8 billion yen, an increase of 42.0 billion yen from -0.2 billion yen of
net cash used in financing activities in the previous fiscal year.
The effect of exchange rate changes was to increase cash by 17.1 billion yen. Cash and cash equivalents at the end of
the fiscal year declined by 5.1 billion yen, from 214.3 billion yen of the end of the previous fiscal year to 209.2 billion yen.
TREASURY STOCK
Shares held as of the closing
date of last period:
2,636,058
(common stock)
Shares acquired during the
period:
Demand for purchase of shares
less than one unit from
shareholders
175,603
(common stock)
Aggregate amount of
acquisition costs:
56
(million yen)
Shares disposed during the
period:
Demand for sale of shares less
than one unit from shareholders
21,715
(common stock)
Aggregate amount of
sales value:
6
(million yen)
Shares held as of the closing
date of this period:
2,789,946
(common stock)