【最終】AR2018

54/90

Financial PositionAssetsTotal assets as of March 31, 2018, were ¥292.7 billion, an increase of ¥18.5 billion from the end of the previous fiscal year. The main changes were as follows:· Cash and deposits+¥13.6 billion· Trade notes and accounts receivable+¥5.8 billion· Inventories+¥3.9 billion· Property, plant and equipment+¥1.5 billion· Goodwill–¥5.4 billionLiabilitiesTotal liabilities as of March 31, 2018, were ¥106.3 billion, an increase of ¥10.8 billion from the end of the previous fiscal year. The main changes were as follows:· Trade notes and accounts payable+¥9.6 billion· Short-term loans payable+¥1.7 billion· Long-term loans payable–¥3.4 billionNet AssetsNet assets as of March 31, 2018, were ¥186.4 billion, an increase of ¥7.7 billion from the end of the previous fiscal year. The main changes were as follows:· Retained earnings+¥6.5 billion· Foreign currency translation adjustments+¥1.2 billionCash FlowsCash and cash equivalents as of March 31, 2018, amounted to ¥55.0 billion, an increase of ¥13.8 billion year on year.Cash Flows from Operating ActivitiesCash flows from operating activities increased ¥2.5 billion year on year, to a cash inflow of ¥26.8 billion. The principal movements were as follows:· Profit before income taxes+¥1.3 billion· Depreciation and amortization+¥1.6 billion· Amortization of goodwill+¥3.1 billion· Trade notes and accounts receivable–¥3.7 billion· Inventories–¥4.5 billion · Trade notes and accounts payable+¥5.5 billion· Impairment loss+¥1.0 billionCash Flows from Investing ActivitiesCash flows from investing activities increased ¥40.8 billion year on year, to a cash outflow of ¥7.5 billion. The principal movements were as follows:· Payments into time deposit+¥3.3 billion· Proceeds from withdrawal of time deposits–¥4.1 billion· Purchase of property, plant and equipment+¥5.0 billion· Purchase of shares and membership interests of subsidiaries resulting in change in scope of consolidation+¥36.6 billionCash Flows from Financing ActivitiesCash flows from financing activities decreased ¥11.6 billion year on year, to a cash outflow of ¥6.4 billion. The principal movements were as follows:· Short-term loans payable+¥3.4 billion· Proceeds from long-term loans payable–¥20.9 billion· Repayments of long-term loans payable+¥6.2 billionNet AssetsCash Flows178.7186.420172018Total shareholders’equity+6.5Total accumulated other comprehensive income+1.3Non-controllinginterests–0.1Sharesubscriptionrights+0.055.041.320172018Net cash provided byoperating activities+26.8Net cash used ininvesting activities –7.5Net cash used in financing activities –6.4Effect of exchange ratechange on cashand cash equivalents +0.8¥ Billion¥ Billion(Fiscal years ended March 31)(Fiscal years ended March 31)Management’s Discussion and AnalysisLINTEC ANNUAL REPORT 201852FINANCIAL SECTION