Sony 2002 Annual Report Download - page 65

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Yen in millions Dollars in millions
2000 2001
2002 2002
Cash flows from investing activities:
Payments for purchases of fixed assets . . . . . . . . . . . . . . . . . . . . ¥(403,013) ¥(468,019) ¥(388,514) $(2,921)
Proceeds from sales of fixed assets . . . . . . . . . . . . . . . . . . . . . . . 29,077 26,704
37,434 281
Payments for investments and advances by financial service
business . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (178,907) (329,319) (705,796) (5,307)
Payments for investments and advances
(other than financial service business) . . . . . . . . . . . . . . . . . . . . . (104,990) (119,816) (89,580) (674)
Proceeds from sales and maturities of securities investments and
other and collections of advances by financial service business. . 100,621 93,226 345,112 2,595
Proceeds from sales of securities investments and other and
collections of advances (other than financial service business) . . 83,072 64,381 25,080 189
Payments for purchases of marketable securities . . . . . . . . . . . . . . (44,725) (17,002) (964) (7)
Proceeds from sales of marketable securities . . . . . . . . . . . . . . . 78,368 29,883 8,889 67
Decrease in time deposits . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 15,930 914
1,222 9
Net cash used in investing activities . . . . . . . . . . . . . . . (424,567) (719,048) (767,117) (5,768)
Cash flows from financing activities:
Proceeds from issuance of long-term debt . . . . . . . . . . . . . . . . . . . 30,783 195,118
228,999 1,722
Payments of long-term debt . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (99,454) (143,258) (171,739) (1,291)
Increase (decrease) in short-term borrowings . . . . . . . . . . . . . . . . 19,824 106,245
(78,104) (587)
Increase in deposits from customers in the banking business . . . . – – 106,472 801
Proceeds from issuance of subsidiary tracking stock . . . . . . . . . . . – – 9,529 72
Dividends paid . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (20,589) (22,774) (22,951) (173)
Other . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1,361 (889) 12,834 95
Net cash provided by (used in) financing activities . . . . (68,075) 134,442
85,040 639
Effect of exchange rate changes on cash and cash equivalents . . . (27,641) 21,020
21,036 158
Net increase (decrease) in cash and cash equivalents . . . . . . . . . . 33,854 (18,819) 76,555 575
Cash and cash equivalents at beginning of year . . . . . . . . . . . . . . . . 592,210 626,064
607,245 4,566
Cash and cash equivalents at end of year . . . . . . . . . . . . . . . . . . . ¥626,064 ¥607,245 ¥683,800 $5,141
Supplemental data:
Cash paid during the year for –
Income taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ¥132,891 ¥93,629 ¥148,154 $1,114
Interest . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 43,668 47,806
35,371 266
Non-cash investing and financing activities –
Integration of three listed subsidiaries through exchange offerings
Fair value of assets acquired . . . . . . . . . . . . . . . . . . . . . ¥282,488 – – –
Deferred tax liabilities thereon . . . . . . . . . . . . . . . . . . . . (46,794) – – –
Minority interest eliminated . . . . . . . . . . . . . . . . . . . . . . . 112,242 – – –
Net . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ¥347,936 – – –
Contribution of assets into an affiliated company . . . . . . . . . . . . – – ¥10,545 $79
Consolidated Statements of Cash Flows
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