Yamaha 1999 Annual Report Download - page 4

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YAMAHA CONSOLIDATED FINANCIAL REPORT 2
Thousands of
Millions of Yen U.S. Dollars (Note 2)
ASSETS 1999 1998 1999
Current assets:
Cash and bank deposits (Note4) ........................................................................... ¥18,031 ¥20,871 $149,573
Marketable securities (Note4 ) .............................................................................. 4,056 1,721 33,646
Notes and accounts receivable:.............................................................................. 91,649 92,928 760,257
Less: Allowance for doubtful accounts............................................................... （4,022）(4,345) (33,364)
.................................................................................................................... 87,627 87,627 88,583 726,893
Inventories............................................................................................................ 91,095 95,705 755,662
Refundable income taxes....................................................................................... 653 3,393 5,417
Prepaid expenses and other current assets.............................................................. 11,447 7,131 94,956
Total current assets ................................................................................................... 212,911 217,408 1,766,163
Property, plant and equipment, net of accumulated depreciation (Notes 3 and 4):
Land ..................................................................................................................... 45,449 45,305 377,014
Buildings and structures........................................................................................ 89,327 91,544 740,995
Machinery and equipment.................................................................................... 57,042 59,475 473,181
Construction in progress....................................................................................... 4,674 5,989 38,772
Property, plant and equipment, net of accumulated depreciation.............................. 196,494 202,316 1,629,979
Investments and other assets:
Investment securities (Note4) ............................................................................... 27,727 34,107 230,004
Investments in and advances to unconsolidated subsidiaries and affiliates...................... 47,675 48,270 395,479
Valuation reserve for investment securities and investments in
unconsolidated subsidiaries and affiliates............................................................... (3,134) (2,147) (25,998)
Long-term loans receivable.................................................................................... 4,016 3,499 33,314
Lease deposits ....................................................................................................... 5,694 5,881 47,234
Other assets........................................................................................................... 4,729 5,391 39,229
Total investments and other assets ............................................................................ 86,707 95,002 719,262
Translation adjustments............................................................................................ 36,739 29,737 304,762
Total assets ............................................................................................................... ¥532,852 ¥544,465 $4,420,174
See notes to consolidated financial statements.
CONSOLIDATED BALANCE SHEETS
YAMAHA Corporation and Consolidated Subsidiaries
March 31, 1999 and 1998