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[58] Sony Corporation Annual Report 1998
5. Accumulated amortization of intangibles and goodwill
Accumulated amortization of intangibles and goodwill amounted to ¥188,943 million and ¥218,225 million
($1,653,220 thousand) at March 31, 1997 and 1998, respectively.
6. Cash flow information
Cash payments during the year
Cash payments for income taxes were ¥88,565 million, ¥87,723 million and ¥239,054 million ($1,811,015 thousand)
for the years ended March 31, 1996, 1997 and 1998, respectively; in these respective years, cash payments for inter-
est were ¥69,882 million, ¥68,004 million and ¥64,102 million ($485,621 thousand).
Noncash investing and financing activities
Capital lease obligations of ¥9,563 million, ¥4,824 million and ¥4,406 million ($33,379 thousand) were incurred
during the years ended March 31, 1996, 1997 and 1998, respectively.
Conversions of convertible debt into common stock and additional paid-in capital were ¥680 million, ¥63,578 mil-
lion and ¥146,512 million ($1,109,939 thousand) for the years ended March 31, 1996, 1997 and 1998, respectively.
7. Inventories
Inventories comprise the following:
Yen in millions Dollars in thousands
March 31 March 31,
1997 1998 1998
Current:
Finished products . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ¥527,418 ¥630,613 $4,777,371
Work in process . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 119,406 110,035 833,598
Raw materials, purchased components and supplies . . . . . . . . . 127,366 134,392 1,018,121
Film — released . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 73,767 104,585 792,311
— in process . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 21,843 14,302 108,349
¥869,800 ¥993,927 $7,529,750
Noncurrent:
Film — released . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ¥143,003 ¥172,515 $1,306,932
— in process . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 99,724 76,551 579,932
¥242,727 ¥249,066 $1,886,864
8. Account balances and transactions with affiliated companies
Account balances and transactions with affiliated companies are presented below:
Yen in millions Dollars in thousands
March 31 March 31,
1997 1998 1998
Accounts receivable, trade . . . . . . . . . . . . . . . . . . . . . . . . . . . . ¥13,232 ¥9,425 $71,402
Accounts payable, trade . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 89 945 7,159
Yen in millions Dollars in thousands
Year ended March 31 Year ended
1996 1997 1998 March 31, 1998
Sales . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ¥123,623 ¥96,183 ¥27,419 $207,720
Purchases . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2,647 733 3,199 24,235