Yamaha 2008 Annual Report Download - page 82

Download and view the complete annual report

Please find page 82 of the 2008 Yamaha annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 96

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92
  • 93
  • 94
  • 95
  • 96

80 Yamaha Corporation
The calculation of basic net income per share and diluted net income per share was determined as follows:
Millions of Yen
Thousands of
U.S. Dollars
(Note 3)
Years ended March 31 2008 2007 2008
Basic net income per share:
Net income ¥ 39,558 ¥ 27,866 $394,830
Amounts not attributable to shareholders of
common stock ———
Amounts attributable to shareholders
of common stock 39,558 27,866 394,830
Weighted-average number of shares outstanding
(thousands of shares) 206,295 206,126
Diluted net income per share:
Adjustments arising from dilution:
Equity in earnings of unconsolidated
subsidiaries and affiliates ¥ — ¥ (17) $ —
Increase in number of shares outstanding ———
Dilution arising from potential shares of common
stock to be issued ———
20. LEASES
Lessees’ accounting
The following pro forma amounts represent the acquisition costs, accumulated depreciation and net book value of the leased
assets at March 31, 2008 and 2007, which would have been reflected in the accompanying consolidated balance sheets at
March 31, 2008 and 2007 if the finance leases currently accounted for as operating leases had been capitalized:
Millions of Yen
Thousands of U.S. Dollars
(Note 3)
As of March 31, 2008 Tools and
equipment Other Total
Tools and
equipment Other Total
Acquisition costs ¥1,558 ¥144 ¥1,703 $15,550 $1,437 $16,998
Accumulated depreciation 854 81 935 8,524 808 9,332
Net book value ¥ 704 ¥ 63 ¥ 767 $ 7,027 $ 629 $ 7,655
Millions of Yen
As of March 31, 2007 Tools and
equipment Other Total
Acquisition costs ¥1,782 ¥467 ¥2,249
Accumulated depreciation 975 261 1,237
Net book value ¥ 806 ¥205 ¥1,012
Lease expenses relating to finance leases accounted for as operating leases amounted to ¥498 million ($4,971 thousand)
and ¥699 million for the years ended March 31, 2008 and 2007, respectively.
Depreciation of leased assets is computed by the straight-line method over the respective lease terms and the interest por-
tion is included in the lease payments.