|
 |
Financial Information:
Annual Report 2003
| Consolidated
Statements of Shareholders’ Equity |
NSK Ltd. and Subsidiaries
| Millions of
yen |
Thousands
of
U.S. dollars
(Note 2) |
| For the years
ended March 31 |
2003 |
2002 |
2003 |
| Common stock |
|
|
|
| Beginning balance |
¥67,176 |
¥67,175 |
$559,800 |
| Add: |
|
|
|
| Conversion of convertible bonds |
- |
1 |
- |
|
| Ending balance |
¥67,176 |
¥67,176 |
$559,800 |
|
| |
|
|
|
| Additional paid-in capital |
|
|
|
| Beginning balance |
¥77,923 |
¥82,359 |
$649,358 |
| Add (deduct): |
|
|
|
| Conversion of convertible bonds |
- |
1 |
- |
| Retirement of treasury stock |
- |
(4,437) |
- |
|
| Ending balance |
¥77,923 |
¥77,923 |
$649,358 |
|
| |
|
|
|
| Retained earnings |
|
|
|
| Beginning balance |
¥53,921 |
¥74,453 |
$449,342 |
| Deduct: |
|
|
|
| Net loss |
(2,670) |
(17,696) |
(22,250) |
| Cash dividends applicable to the
year |
(2,711) |
(2,779) |
(22,592) |
| Bonuses to directors and statutory
auditors |
(172) |
(56) |
(1,433) |
|
| Ending balance |
¥48,366 |
¥53,921 |
$403,050 |
|
| |
|
|
|
| Unrealized holding gain on securities |
|
|
|
| Beginning balance |
¥24,316 |
¥27,107 |
$202,633 |
| Net change during the year |
(19,182) |
(2,791) |
(159,850) |
|
| Ending balance |
¥5,133 |
¥24,316 |
$42,775 |
|
| |
|
|
|
| Translation adjustments |
|
|
|
| Beginning balance |
¥(14,749) |
¥(23,315) |
$(122,908) |
| Net change during the year |
(8,920) |
8,565 |
(74,333) |
|
| Ending balance |
¥(23,670) |
¥(14,749) |
$(197,250) |
|
| |
|
|
|
| NSK treasury stock |
|
|
|
| Beginning balance |
¥(408) |
¥(396) |
$(3,400) |
| Net change during the year |
(3,954) |
(12) |
(32,950) |
|
| Ending balance |
¥(4,362) |
¥(408) |
$(36,350) |
|
| |
|
|
|
The accompanying notes are an integral part
of these statements.
 |
|
