28
TSUBAKI MOTO CHAI N ANNUAL REPORT 2 0 0 5Con solidate d State me n ts of Cash Flows
Tsubakimo to Chain Co . and Co nso lidate d Subsidiarie s Fo r the ye ars e nde d Marc h 31, 2005, 2004 and 2003
Tho usands o f U. S. Do llars
Millio ns o f Ye n ( No te 1)
2 0 0 5 2004 2003 2 0 0 5
Cash flo ws fro m o pe rating ac tivitie s: Inc o me be fo re inc o me taxe s
and mino rity inte re sts
...
¥ 8 ,5 9 8 ¥ 6, 537 ¥ 2, 800 $ 8 0 ,1 1 6Adjustme nts fo r:
De pre c iatio n
...
5 ,5 0 4 6, 083 6, 736 5 1 ,2 8 6Lo ss ( g ain) o n sale s o f pro pe rty, plant and e quipme nt
...
( 8 6 6 ) 243 93 ( 8 ,0 6 9 )Lo ss o n valuatio n o f inve stme nt in se c uritie s
...
— 42 1, 908 —Allo wanc e fo r do ubtful ac c o unts, ne t
...
( 8 5 ) ( 216) ( 134) ( 7 9 2 )Inc re ase ( de c re ase ) in ac c rue d pe nsio n and se ve ranc e c o st
...
( 5 6 8 ) ( 6, 087) 156 ( 5 ,2 9 3 )( De c re ase ) inc re ase in ac c o unt payable fo r
transfe r to diffe re d c o ntributio n pe nsio n plan
...
( 4 4 7 ) 4, 692 — ( 4 ,1 6 5 )De c re ase ( inc re ase ) in trade no te s
and ac c o unts re c e ivable
...
( 2 ,3 8 0 ) ( 4, 132) 1, 531 ( 2 2 ,1 7 7 )De c re ase ( inc re ase ) in inve nto rie s
...
( 6 3 0 ) 2, 223 325 ( 5 ,8 7 0 )Inc re ase ( de c re ase ) in trade no te s and ac c o unts payable
...
3 ,1 6 8 1, 052 ( 3, 980) 2 9 ,5 1 9Othe r
...
9 6 3 118 4, 472 8 ,9 7 3Sub to tal
...
1 3 ,2 5 7 10, 555 13, 907 1 2 3 ,5 2 8Inte re st and divide nd inc o me re c e ive d
...
2 0 9 311 225 1 ,9 4 7Inte re st e xpe nse s paid
...
( 1 ,2 1 0 ) ( 1, 440) ( 1, 748) ( 1 1 ,2 7 5 )Inc o me taxe s paid
...
( 2 ,5 8 3 ) ( 1, 431) ( 364) ( 2 4 ,0 6 8 )Ne t c ash pro vide d by o pe rating ac tivitie s
...
9 ,6 7 3 7, 995 12, 020 9 0 ,1 3 2Cash flo ws fro m inve sting ac tivitie s:
Inc re ase in time de po sits ( due afte r 3 mo nths)
...
— ( 9) ( 108) —De c re ase in time de po sits ( due afte r 3 mo nths)
...
9 3 119 86 8 6 7Payme nts fo r purc hase o f inve stme nts in se c uritie s
...
( 1 9 2 ) ( 2, 049) ( 7, 827) ( 1 ,7 8 9 )Pro c e e ds fro m sale s o f inve stme nts in se c uritie s
...
1 8 8 8, 107 9, 557 1 ,7 5 2Payme nts fo r purc hase o f inve stme nts in subsidiarie s
...
( 4 3 9 ) ( 10) ( 0) ( 4 ,0 9 1 )Inc re ase in lo ng - te rm lo ans re c e ivable
...
( 4 8 ) ( 36) ( 111) ( 4 4 7 )De c re ase in lo ng - te rm lo ans re c e ivable
...
1 7 1 55 14 1 ,5 9 3Payme nts fo r purc hase o f pro pe rty, plant
and e quipme nt
...
( 3 ,0 3 4 ) ( 5, 307) ( 5, 379) ( 2 8 ,2 7 1 )Pro c e e ds fro m sale s o f pro pe rty, plant and e quipme nt
...
7 9 6 8, 104 754 7 ,4 1 7Othe r
...
— 94 — —Net c ash pro vided by ( used in) investing ac tivities
...
( 2 ,4 6 5 ) 9, 068 ( 3, 014) ( 2 2 ,9 6 9 )Cash flo ws fro m financ ing ac tivitie s:
Inc re ase ( de c re ase ) in sho rt- te rm bank lo ans, ne t
...
2 ,6 5 8 ( 6, 463) ( 8, 499) 2 4 ,7 6 7Pro c e e ds fro m lo ng - te rm lo ans
...
3 ,1 5 6 430 473 2 9 ,4 0 7Re payme nt o f lo ng - te rm lo ans
...
( 6 ,9 8 5 ) ( 7, 707) ( 1, 050) ( 6 5 ,0 8 6 )Issuanc e o f bo nds
...
— 98 99 —Payme nts o n re de mptio n o f bo nds
...
( 6 ,2 0 0 ) ( 100) ( 2, 585) ( 5 7 ,7 7 1 )Payme nts o n installme nt purc hase s
...
( 4 5 6 ) ( 527) ( 412) ( 4 ,2 4 9 )Cash divide nds
...
( 1 ,1 3 0 ) ( 1, 132) ( 1, 141) ( 1 0 ,5 2 9 )Cash divide nds fo r mino rity share ho lde rs
...
( 1 1 9 ) ( 74) ( 142) ( 1 ,1 0 9 )Payme nts fo r purc hase o f tre asury sto c k
...
( 3 3 9 ) ( 69) ( 959) ( 3 ,1 5 8 )Pro c e e ds fro m sale s o f tre asury sto c k
...
3 6 — 2 8Net c ash used in financ ing ac tivities
...
( 9 ,4 1 2 ) ( 15, 538) ( 14, 216) ( 8 7 ,7 0 0 )Effe c t o f e xc hang e rate c hang e s o n c ash
and c ash e quivale nts
...
7 3 ( 261) ( 104) 6 8 0Ne t inc re ase ( de c re ase ) in c ash and c ash e quivale nts
...
( 2 ,1 3 1 ) 1, 264 ( 5, 314) ( 1 9 ,8 5 7 )Cash and c ash e quivale nts at the be g inning o f the ye ar
...
1 3 ,6 8 1 12, 417 17, 679 1 2 7 ,4 7 9Inc re ase in c ash and c ash e quivale nts due to inc lusio n o f
subsidiarie s in c o nso lidatio n
...
1 2 — 52 1 1 2Cash and c ash e quivale nts at the e nd o f the ye ar
