Sony 2003 Annual Report Download - page 153

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Consolidated Financial Information 2003
- 67 -
Dollars in millions
Yen in millions (Note 3)
2001 2002 2003 2003
Cash flows from investing activities:
Payments for purchases of fixed assets . . . . . . . . . . . . . . . . . . . . ¥(468,019) ¥(388,514) ¥(275,285) $(2,294)
Proceeds from sales of fixed assets . . . . . . . . . . . . . . . . . . . . . . . 26,704 37,434 25,711 214
Payments for investments and advances by financial service
business . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (329,319) (705,796) (1,026,361) (8,553)
Payments for investments and advances
(other than financial service business) . . . . . . . . . . . . . . . . . . . . . (136,818) (90,544) (109,987) (917)
Proceeds from sales of securities investments, maturities of
marketable securities and collections of advances by financial
service business. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 93,226 345,112 542,539 4,521
Proceeds from sales of securities investments, maturities of
marketable securities and collections of advances (other than
financial service business) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 94,264 33,969 135,834 1,132
Decrease in time deposits . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 914 1,222 1,124 10
Net cash used in investing activities . . . . . . . . . . . . . . . (719,048) (767,117) (706,425) (5,887)
Cash flows from financing activities:
Proceeds from issuance of long-term debt . . . . . . . . . . . . . . . . . . . 195,118 228,999 12,323 103
Payments of long-term debt . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (143,258) (171,739) (238,144) (1,985)
Increase (decrease) in short-term borrowings . . . . . . . . . . . . . . . . 106,245 (78,104) (7,970) (66)
Increase in deposits from customers in the banking business
(Note 13) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . – 106,472 142,023 1,184
Proceeds from issuance of subsidiary tracking stock (Note 16) . . . – 9,529 – –
Dividends paid . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (22,774) (22,951) (22,871) (191)
Other . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (889) 12,834 21,505 179
Net cash provided by (used in) financing activities . . . . 134,442 85,040 (93,134) (776)
Effect of exchange rate changes on cash and cash equivalents . . . 21,020 21,036 (24,971) (208)
Net increase (decrease) in cash and cash equivalents . . . . . . . . . . (18,819) 76,555 29,258 244
Cash and cash equivalents at beginning of year . . . . . . . . . . . . . . . . 626,064 607,245 683,800 5,698
Cash and cash equivalents at end of year . . . . . . . . . . . . . . . . . . . ¥607,245 ¥683,800 ¥713,058 $5,942
Supplemental data:
Cash paid during the year for –
Income taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ¥93,629 ¥148,154 ¥171,531 $1,429
Interest . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 47,806 35,371 22,216 185
Non-cash investing and financing activities –
Contribution of assets into an affiliated company . . . . . . . . . . . . – ¥10,545 – –
The accompanying notes are an integral part of these statements.
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