Sony 2003 Annual Report Download - page 55

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Sony Corporation Annual Report 2003 53
Yen in millions Dollars in millions*
2002 2003 2003
LIABILITIES AND STOCKHOLDERS’ EQUITY
Current liabilities:
Short-term borrowings . . . . . . . . . . . . . . . . . . . . . . . . . . . . ¥ 113,277 ¥ 124,360 $ 1,036
Current portion of long-term debt . . . . . . . . . . . . . . . . . . . 240,786 34,385 287
Notes and accounts payable, trade . . . . . . . . . . . . . . . . . . . 767,625 697,385 5,812
Accounts payable, other and accrued expenses . . . . . . . . . 869,533 864,188 7,202
Accrued income and other taxes. . . . . . . . . . . . . . . . . . . . . 105,470 109,199 910
Deposits from customers in the banking business . . . . . . . . . 106,472 248,721 2,073
Other . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 355,333 356,810 2,972
Total current liabilities . . . . . . . . . . . . . . . . . . . . . . . . . 2,558,496 2,435,048 20,292
Long-term liabilities:
Long-term debt . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 838,617 807,439 6,729
Accrued pension and severance costs . . . . . . . . . . . . . . . . . 299,089 496,174 4,135
Deferred income taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . 159,573 159,079 1,326
Future insurance policy benefits and other . . . . . . . . . . . . . 1,680,418 1,914,410 15,953
Other . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 255,824 255,478 2,129
3,233,521 3,632,580 30,272
Minority interest in consolidated subsidiaries . . . . . . . 23,368 22,022 184
Stockholders’ equity:
Subsidiary tracking stock, no par value—
2002—Authorized 100,000,000 shares,
outstanding 3,072,000 shares. . . . . . . . . . . . . . . . . . . . 3,917
2003—Authorized 100,000,000 shares,
outstanding 3,072,000 shares. . . . . . . . . . . . . . . . . . . . 3,917 33
Common stock, no par value—
2002—Authorized 3,500,000,000 shares,
outstanding 919,744,355 shares. . . . . . . . . . . . . . . . . . 472,189
2003—Authorized 3,500,000,000 shares,
outstanding 922,385,176 shares. . . . . . . . . . . . . . . . . . 472,361 3,936
Additional paid-in capital . . . . . . . . . . . . . . . . . . . . . . . . . . 968,223 984,196 8,202
Retained earnings. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1,209,262 1,301,740 10,848
Accumulated other comprehensive income—
Unrealized gains on securities . . . . . . . . . . . . . . . . . . . . . 22,997 17,658 147
Unrealized losses on derivative instruments . . . . . . . . . . . (711) (4,793) (40)
Minimum pension liability adjustment . . . . . . . . . . . . . . . (72,040) (182,676) (1,522)
Foreign currency translation adjustments . . . . . . . . . . . . (225,839) (302,167) (2,519)
(275,593) (471,978) (3,934)
Treasury stock, at cost
(2002—1,239,304 shares, 2003—1,573,396 shares) . . . (7,588) (9,341) (78)
2,370,410 2,280,895 19,007
¥8,185,795 ¥8,370,545 $69,755
*U.S. dollar amounts have been translated from yen, for convenience only, at the rate of ¥120=U.S.$1, the approximate Tokyo foreign exchange
market rate as of March 31, 2003.