Consolidated Statements of Cash Flows
|
Yen
(millions) |
U.S. dollars
(millions) |
|
|
|
|
FY 1999 |
FY 1998 |
FY 1999 |
|
|
|
|
| 1. Cash flows from operating activities: |
| Income before income taxes and minority interests |
|
Y 74,857 |
Y 49,625 |
$706 |
| Depreciation and amortization |
|
387,429 |
392,949 |
3,655 |
| Accrual (Reversal) of provisions |
|
11,002 |
9,749 |
104 |
|
49,505 |
58,240 |
467 |
| Interest and dividend income |
|
(12,583) |
(12,499) |
(119) |
| Equity in earnings of affiliates, net |
|
(17,025) |
(22,475) |
(161) |
| Loss on disposal of property, plant & equipment |
|
27,726 |
38,378 |
262 |
| Decrease in receivables, trade |
|
72,396 |
29,874 |
683 |
|
20,998 |
40,321 |
198 |
| Increase in payable, trade |
|
35,665 |
48,769 |
337 |
|
(79,383) |
(95,998) |
(749) |
|
|
|
|
| Cash generated from operations |
570,587 |
536,933 |
5,383 |
|
(50,617) |
(60,395) |
(478) |
| Interest and dividends received |
|
16,651 |
11,586 |
157 |
|
(59,579) |
(88,413) |
(562) |
|
|
|
|
| Net cash provided by operating activities |
|
477,042 |
399,711 |
4,500 |
|
|
|
|
| 2. Cash flows from investing activities: |
| Purchase of property, plant and equipment |
|
(322,794) |
(279,226) |
(3,045) |
| (Increase) in investments and long term loans |
|
(42,117) |
(102,595) |
(398) |
|
16,623 |
(26,918) |
157 |
|
|
|
|
| Net cash used in investing activities |
|
(348,288) |
(408,739) |
(3,286) |
|
|
|
|
| 1+2 [Free Cash Flow] |
128,754 |
(9,028) |
1,214 |
|
|
|
|
| 3. Cash flows from financing activities: |
| Proceeds from long-term debt |
|
107,807 |
204,899 |
1,017 |
| Repayment of long-term debt |
|
(133,934) |
(185,031) |
(1,264) |
| Increase (Decrease) in short-term borrowings |
|
(329,348) |
42,682 |
(3,107) |
|
(19,112) |
(18,686) |
(180) |
|
103,340 |
25,335 |
975 |
|
|
|
|
| Net cash provided by financing activities |
|
(271,247) |
69,199 |
(2,559) |
|
|
|
|
| 4. Effect of exchange rate changes on cash and cash equivalents |
9,159 |
(2,851) |
87 |
|
|
|
|
| 5. Net increase (decrease) in cash and cash equivalents |
(133,334) |
57,320 |
(1,258) |
| |
| 6. Cash and cash equivalents at beginning of year |
449,510 |
392,190 |
4,241 |
|
|
|
|
| 7. Cash and cash equivalents at end of year |
Y 316,176 |
Y 449,510 |
$2,983 |
|
|
|
|
|
