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Toyota Global Vision President’s Message Launching a New Structure Special Feature Review of Operations
Consolidated Performance
Highlights
Management and
Corporate Information Investor InformationFinancial Section
Page 88
NextPrev
ContentsSearchPrint
ANNUAL REPORT 2013
An analysis of activity within the allowance for doubtful accounts relating to trade accounts and notes receiv-
able for the years ended March 31, 2011, 2012 and 2013 is as follows:
Yen in millions U.S. dollars in millions
For the years ended March 31,
For the year ended
March 31,
2011 2012 2013 2013
Allowance for doubtful accounts at beginning
of year ¥46,706 ¥44,047 ¥44,097 $469
Provision for doubtful accounts, net of reversal 1,806 5,843 1,745 19
Write-offs (2,690) (699) (457) (5)
Other (1,775) (5,094) 759 8
Allowance for doubtful accounts at
end of year ¥44,047 ¥44,097 ¥46,144 $491
The other amount includes the impact of consoli-
dation and deconsolidation of certain entities due to
changes in ownership interest and currency transla-
tion adjustments for the years ended March 31,
2011, 2012 and 2013.
A portion of the allowance for doubtful accounts
balance at March 31, 2012 and 2013 totaling
¥31,093 million and ¥30,269 million ($322 million),
respectively, is attributed to certain non-current
receivable balances which are reported as other
assets in the consolidated balance sheets.
11. Allowance for doubtful accounts and credit losses
Other receivables relate to arrangements with cer-
tain component manufacturers whereby Toyota
procures inventory for these component manufac-
tures and is reimbursed for the related purchases.
8. Other receivables
Inventories consist of the following:
Yen in millions U.S. dollars in millions
March 31, March 31,
2012 2013 2013
Finished goods ¥ 981,612 ¥1,007,659 $10,714
Raw materials 347,878 388,780 4,134
Work in process 221,036 235,476 2,504
Supplies and other 71,756 83,871 891
Total ¥1,622,282 ¥1,715,786 $18,243
9. Inventories
Vehicles and equipment on operating leases consist of the following:
Yen in millions U.S. dollars in millions
March 31, March 31,
2012 2013 2013
Vehicles ¥2,536,595 ¥2,999,294 $31,890
Equipment 87,848 104,351 1,110
Less—Deferred income and other (49,090) (65,634) (698)
2,575,353 3,038,011 32,302
Less—Accumulated depreciation (667,406) (749,238) (7,966)
Less—Allowance for credit losses (8,135) (8,020) (86)
Vehicles and equipment on operating leases, net ¥1,899,812 ¥2,280,753 $24,250
10. Vehicles and equipment on operating leases
Rental income from vehicles and equipment on operating leases was ¥475,472 million, ¥451,361 million
and ¥476,935 million ($5,071 million) for the years ended March 31, 2011, 2012 and 2013, respectively.
Future minimum rentals from vehicles and equipment on operating leases are due in installments as follows:
Years ending March 31, Yen in millions U.S. dollars in millions
2014 ¥460,685 $ 4,898
2015 302,690 3,218
2016 140,865 1,498
2017 38,042 405
2018 11,164 119
Thereafter 4,126 44
Total minimum future rentals ¥957,572 $10,182
The future minimum rentals as shown above should not be considered indicative of future cash collections.
Notes to Consolidated Financial Statements
Selected Financial Summary (U.S. GAAP) Consolidated Segment Information Consolidated Quarterly Financial Summary Management’s Discussion and Analysis of Financial Condition and Results of Operations Consolidated Financial Statements Notes to Consolidated Financial Statements [11 of 44]
Management’s Annual Report on Internal Control over Financial Reporting Report of Independent Registered Public Accounting Firm