101
Dollars in millions
Yen in millions (Note 3)
2002 2003 2004 2004
Cash flows from investing activities:
Payments for purchases of fixed assets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ¥(388,514) ¥ (275,285) ¥ (427,344) $ (4,109)
Proceeds from sales of fixed assets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 37,434 25,711 33,987 327
Payments for investments and advances by financial service business . . . . . . (689,944) (1,012,508) (1,167,945) (11,231)
Payments for investments and advances (other than financial service business) . . (106,396) (123,839) (33,329) (320)
Proceeds from sales of securities investments, maturities of marketable securities
and collections of advances by financial service business . . . . . . . . . . . . . . . 330,239 529,395 791,188 7,607
Proceeds from sales of securities investments, maturities of marketable securities
and collections of advances (other than financial service business). . . . . . . . 48,842 148,977 35,521 342
(Increase) decrease in time deposits. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1,222 1,124 (1,456) (14)
Cash assumed upon acquisition by stock exchange offering . . . . . . . . . . . . . – – 3,634 35
Proceeds from the issuance of stock by subsidiaries (Note 19) . . . . . . . . . . . . – – 3,952 38
Net cash used in investing activities . . . . . . . . . . . . . . . . . . . . . . . . . . (767,117) (706,425) (761,792) (7,325)
Cash flows from financing activities:
Proceeds from issuance of long-term debt . . . . . . . . . . . . . . . . . . . . . . . . . . 228,999 12,323 267,864 2,575
Payments of long-term debt . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (171,739) (238,144) (32,042) (308)
Decrease in short-term borrowings . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (78,104) (7,970) (57,708) (555)
Increase in deposits from customers in the banking business (Note 12) . . . . . 106,472 142,023 129,874 1,249
Proceeds from issuance of subsidiary tracking stock (Note 15). . . . . . . . . . . . 9,529 – ––
Dividends paid . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (22,951) (22,871) (23,106) (222)
Other . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 12,834 21,505 28,401 273
Net cash provided by (used in) financing activities . . . . . . . . . . . . . . . 85,040 (93,134) 313,283 3,012
Effect of exchange rate changes on cash and cash equivalents . . . . . . . . . . . 21,036 (24,971) (47,973) (461)
Net increase in cash and cash equivalents . . . . . . . . . . . . . . . . . . . . . . . . . . . 76,555 29,258 136,153 1,309
Cash and cash equivalents at beginning of the fiscal year . . . . . . . . . . . . . . . 607,245 683,800 713,058 6,856
Cash and cash equivalents at end of the fiscal year . . . . . . . . . . . . . . . . . . . . ¥ 683,800 ¥ 713,058 ¥ 849,211 $ 8,165
Supplemental data:
Cash paid during the year for—
Income taxes. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ¥ 148,154 ¥ 171,531 ¥ 114,781 $ 1,104
Interest . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 35,371 22,216 22,571 217
Non-cash investing and financing activities—
Obtaining assets by entering into capital lease . . . . . . . . . . . . . . . . . . . . . . . ¥ 10,572 ¥ 9,034 ¥ 18,298 $ 176
Contribution of assets into an affiliated company . . . . . . . . . . . . . . . . . . . . . 10,545 – ––
The accompanying notes are an integral part of these statements.
* U.S. dollar amounts have been translated from yen, for convenience only, at the rate of ¥104=U.S.$1, the approximate Tokyo foreign exchange market rate as of March 31, 2004.
