Yamaha 2009 Annual Report Download - page 53

Download and view the complete annual report

Please find page 53 of the 2009 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 84

  • 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

LIABILITIES
Millions of Yen
Thousands of
U.S. Dollars
(Note 3)
2009 2008 2009
Current liabilities:
Notes and accounts payable — trade ¥ 25,625 ¥ 35,017 $ 260,867
Short-term loans payable (Note 7) 14,216 14,419 144,722
Current portion of long-term loans payable (Note 7) 1,483 4,472 15,097
Accounts payable - other and accrued expenses 34,012 41,443 346,249
Income taxes payable 2,090 14,916 21,277
Advanced received 1,385 1,840 14,100
Deferred tax liabilities (Note 14) 64 7652
Provision for directors’ bonuses —120 —
Provision for product warranties 3,380 3,755 34,409
Provision for business restructuring expenses (Note 11) 3,161 —32,180
Other 4,628 4,181 47,114
Total current liabilities 90,050 120,174 916,726
Noncurrent liabilities:
Long-term loans payable (Note 7) 3,491 2,145 35,539
Deferred tax liabilities (Note 14) 126 13,999 1,283
Deferred tax liabilities for land revaluation (Note 8) 16,776 16,811 170,783
Provision for retirement benefits (Note 18) 27,628 25,311 281,258
Long-term deposits received 16,723 17,040 170,243
Other 2,336 1,836 23,781
Total noncurrent liabilities 67,083 77,144 682,918
Contingent liabilities (Note 19)
NET ASSETS
Shareholders’ equity (Note 17):
Capital stock:
Authorized — 700,000,000 shares;
Issued 2009 — 197,255,025 shares 28,534 —290,482
2008 — 206,524,626 shares —28,534 —
Capital surplus 40,054 40,054 407,757
Retained earnings 176,739 229,307 1,799,236
Treasury stock (29) (326) (295)
Total shareholders’ equity 245,298 297,570 2,497,180
Valuation and translation adjustments:
Valuation difference on available-for-sale securities 19,817 48,945 201,741
Deferred gains or losses on hedges (394) 207 (4,011)
Revaluation reserve for land (Note 8) 18,769 14,861 191,072
Foreign currency translation adjustments (34,495) (21,940) (351,166)
Total valuation and translation adjustments 3,697 42,074 37,636
Minority interests 2,845 3,383 28,963
Total net assets 251,841 343,028 2,563,789
Total liabilities and net assets ¥408,974 ¥540,347 $4,163,433
See notes to consolidated financial statements.
Annual Report 2009 51