Yamaha 2006 Annual Report Download - page 58

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58
Consolidated Statements of Cash Flows Yamaha Corporation and Consolidated Subsidiaries
Years ended March 31, 2006 and 2005
Cash flows from operating activities:
Income before income taxes and minority interests
Adjustments to reconcile income before income taxes
and minority interests to net cash provided by operating activities:
Depreciation and amortization
Loss on impairment of fixed assets
Amortization for excess of cost over net assets acquired
Allowance for doubtful accounts
Loss on revaluation of investment securities
Loss on revaluation of investments in affiliates
Employees’ retirement benefits, net of payments
Interest and dividend income
Interest expense
Equity in earnings of unconsolidated subsidiaries and affiliates
Gain on sales of investment securities other than those of subsidiaries
Gain on liquidation of subsidiaries
Loss on sales or disposal of property, net
Foreign exchange gain
Changes in operating assets and liabilities:
Accounts and notes receivable — trade
Inventories
Accounts and notes payable — trade
Other, net
Subtotal
Interest and dividends received
Interest paid
Income taxes, net of payments
Net cash provided by operating activities
Cash flows from investing activities:
(Purchases of) proceeds from time deposits
Purchases of property
Proceeds from sales of property
Purchases of investment securities
Proceeds from sales and redemption of investment securities
Other, net
Net cash used in investing activities
Cash flows from financing activities:
(Decrease) increase in short-term loans
Proceeds from long-term debt
Repayment of long-term debt
Cash dividends paid
Resort membership deposits received
Refund of resort membership deposits
Cash dividends paid to minority shareholders
Other, net
Net cash used in financing activities
Effect of exchange rate changes on cash and cash equivalents
Net (decrease) increase in cash and cash equivalents
Cash and cash equivalents at beginning of the year
Increase due to inclusion in consolidation
Decrease due to exclusion from consolidation
Cash and cash equivalents at end of the year (Note 19)
See notes to consolidated financial statements
2006
$ 305,116
161,267
—
4,316
(1,507)
707
1,005
(3,226)
(7,721)
9,202
(126,313)
(5,150)
—
1,541
(911)
25,607
42,087
(14,608)
(43,713)
347,689
23,240
(9,228)
(144,539)
217,162
(655)
(173,670)
19,809
(6,231)
5,269
1,362
(154,116)
(14,923)
38,784
(190,721)
(39,516)
85
(11,509)
(1,898)
(196)
(219,920)
15,178
(141,687)
428,986
14,344
—
$ 301,643
2005
¥ 33,516
18,958
32,703
80
(233)
70
70
(21,786)
(708)
1,020
(9,110)
(6,529)
(4)
1,129
(180)
8,636
(4,654)
(2,798)
(6,144)
44,033
2,081
(1,024)
(5,501)
39,588
9
(21,450)
2,527
(113)
9,416
(3,285)
(12,896)
902
5,373
(8,851)
(3,611)
7
(1,889)
(211)
(28)
(8,306)
1,099
19,485
31,245
—
(337)
¥ 50,393
2006
¥ 35,842
18,944
—
507
(177)
83
118
(379)
(907)
1,081
(14,838)
(605)
—
181
(107)
3,008
4,944
(1,716)
(5,135)
40,843
2,730
(1,084)
(16,979)
25,510
(77)
(20,401)
2,327
(732)
619
160
(18,104)
(1,753)
4,556
(22,404)
(4,642)
10
(1,352)
(223)
(23)
(25,834)
1,783
(16,644)
50,393
1,685
—
¥ 35,434
Millions of Yen
Thousands of
U.S. Dollars (Note 3)