AKEBONO REPORT 2016

44/54

Akebono Brake Industry Co., Ltd. and Consolidated Subsidiaries Years Ended March 31, 2016 and 2015Consolidated Balance SheetsEconomic ReportNote: The value of the U.S. dollar is, purely for the sake of convenience, calculated using the approximate exchange rate as at March 31, 2016, which was ¥112.68 to $1 (gures are rounded down to the nearest $1,000).Millions of YenThousands of U.S. Dollars (Note)201620152016ASSETS Cash and deposits¥ 20,403 ¥ 12,365 $ 181,070 Notes and accounts receivable—trade36,792 40,605 326,517 Merchandise and nished goods4,075 4,369 36,166 Work in process2,214 2,632 19,648 Raw materials and supplies12,486 12,547 110,812 Accounts receivable—other4,8843,79243,347 Deferred tax assets1,035 1,049 9,185 Other2,259 3,259 20,052 Allowance for doubtful accounts(65)(265)(575)Current assets84,084 80,353 746,223 Buildings and structures, net26,129 26,360 231,889 Machinery, equipment and vehicles, net38,884 47,331 345,084 Land21,595 21,656 191,649 Construction in progress12,721 13,507 112,892 Other, net2,687 2,454 23,848 Property, plant and equipment102,016 111,308 905,362 Intangible assets2,743 2,710 24,342 Investment securities11,302 25,676 100,305 Net dened benet assets1,922 3,537 17,057 Deferred tax assets967 1,213 8,583 Other1,438 1,173 12,760 Allowance for doubtful accounts(69)(76)(613)Investments and other assets15,560 31,522 138,091 Noncurrent assets120,319 145,540 1,067,796 Total assets¥204,404 ¥225,894 $1,814,019 AKEBONO REPORT 201643