Yamaha 2011 Annual Report Download - page 61

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59
Annual Report 2011
Millions of yen
Thousands of
U.S. dollars (Note 3)
2011 2010 2011
Liabilities
Current liabilities:
Notes and accounts payable — trade (Note 20)¥ 24,198 ¥ 21,791 $ 291,016
Short-term loans payable (Notes 20 and 29)6,597 8,816 79,339
Current portion of long-term loans payable (Note 29)3,863 1,023 46,458
Accounts payable — other and accrued expenses (Note 20)28,657 32,496 344,642
Income taxes payable 2,303 1,900 27,697
Advances received (Note 29)617 986 7,420
Deferred tax liabilities (Note 24) 1 712
Provision for product warranties 2,850 2,492 34,275
Provision for directors’ bonuses 29 — 349
Provision for business restructuring expenses — 926 —
Other 5,716 4,741 68,743
Total current liabilities 74,836 75,182 900,012
Noncurrent liabilities:
Long-term loans payable (Notes 20 and 29)1,376 5,177 16,548
Deferred tax liabilities (Note 24) 199 929 2,393
Deferred tax liabilities for land revaluation (Note 7)14,486 14,931 174,215
Provision for retirement benefits (Note 23)37,599 33,675 452,183
Long-term deposits received (Note 20)15,854 16,144 190,667
Other 1,496 1,519 17,992
Total noncurrent liabilities 71,013 72,378 854,035
Contingent liabilities (Note 6)
Net Assets
Shareholders’ equity (Note 17):
Capital stock:
Authorized — 700,000,000 shares;
Issued 2011 — 197,255,025 shares 28,534 — 343,163
2010 — 197,255,025 shares — 28,534 —
Capital surplus 40,054 40,054 481,708
Retained earnings 169,894 167,614 2,043,223
Treasury stock (3,690) (34) (44,378)
Total shareholders’ equity 234,793 236,169 2,823,728
Accumulated other comprehensive income:
Valuation difference on available-for-sale securities 33,559 34,000 403,596
Deferred gains or losses on hedges (252) (166) (3,031)
Revaluation reserve for land (Note 7)15,549 16,201 186,999
Foreign currency translation adjustment (41,583) (34,466) (500,096)
Total accumulated other comprehensive income 7,272 15,569 87,456
Minority interests 2,937 2,852 35,322
Total net assets 245,002 254,591 2,946,506
Total liabilities and net assets ¥390,852 ¥402,152 $4,700,565