This appendix contains the topic:
The following account listing demonstrates the uniform format for financial statements used by most Japanese businesses.
Assets | Liabilities |
---|---|
I Current Assets | I Current Liabilities |
Cash on hand and at bank | Trade notes payable |
Trade notes receivable | Trade accounts payable |
Allowance for bad debts | Trade notes, accounts payable to affiliates |
Trade accounts receivable | Short-term borrowings |
Allowance for bad debts | Current portion of long-term borrowings |
Trade notes, accounts receivable from affiliates | Other accounts payable |
Allowance for bad debts | Accrued corporation and inhabitants tax |
Marketable securities | Accrued enterprise tax |
Treasury stock | Accrued expenses |
Merchandises | Deposits received |
Finished goods | Deferred income |
Semi-finished goods | Allowances |
Work in progress | Allowance for bonus payments |
Raw materials and consumables | Allowance for damages |
Supplies | Allowance for repairs |
Advance payments | Allowance for warranty |
Prepaid expenses | Other current liabilities |
Other accounts receivable | Total current liabilities |
Other accounts receivable from affiliates | |
Short-term loans | |
Allowance for bad debts | |
Other current assets | |
Total current assets | |
II Fixed Assets | II Long-Term Liabilities |
Tangible fixed assets | Bonds payable |
Buildings | Bonds with warrants |
Accumulated depreciation | Convertible bonds |
Structures | Long-term borrowings |
Accumulated depreciation | Long-term borrowings from shareholders, officers, and employees |
Machinery and equipment | Long-term borrowings from affiliates |
Accumulated depreciation | Allowances |
Vehicles | Allowances for severance payments |
Accumulated depreciation | Allowances for special repair |
Tools, fixtures, and fittings | Other |
Accumulated depreciation | Total long-term liabilities |
Land | |
Construction in progress | Total liabilities |
Total tangible fixed assets | |
Intangible fixed assets | Capital |
Mining rights | I Share Capital |
Land rights | II Capital Reserve |
Trademark rights | III Legal Earned Reserve |
Patents | IV Other Surpluses |
Telephone rights | 1. Other capital surpluses |
Goodwill | Reserves for government grants |
Total intangible fixed assets | Reserves for gain on insurance claims |
Investment and other assets | 2. Voluntary reserves |
Long-term cash at bank | Reserve for overseas investment losses |
Investment in securities | Reserve for dividend equalization |
Investment in subsidiaries | Reserve for business extension |
Investment in affiliates | Reserve for additional equipment |
Investment in partnerships | Reserve for sinking fund |
Long-term loans | General reserve |
Allowance for bad debts | 3. Unappropriated |
Doubtful receivables | Total capital |
Long-term prepaid expenses | |
Other | Total liabilities and capital |
Total investment and other assets | |
Total fixed assets | |
III Deferred Charges | |
Organizing expenses | |
Pre-operating costs | |
Experimental research costs | |
Development costs | |
Stock issuing costs | |
Bond discounts | |
Interest during construction | |
Total deferred charges | |
Total assets |
Profit and Loss Statement | |
---|---|
I Turnover | |
Turnover to affiliates | |
Turnover to other customers | |
II Cost of Sales | |
1. Opening stock | |
2. Purchases | |
Subtotal | |
3. Closing stock | |
Gross Profit | |
III Distribution Costs and Administration Expenses | |
Packaging and freight | |
Commission | |
Warehouse | |
Advertising | |
Directors' remuneration | |
Payroll | |
Bonuses | |
Welfare benefits | |
Travelling | |
Postage, telephone, and telex | |
Utilities | |
Insurance and maintenance | |
Taxes and dues | |
Provision for accrued enterprise tax | |
Depreciation | |
Provision for allowance for doubtful accounts | |
Research and development | |
Other | |
Operating Profit | |
IV Non-Operating Income | |
Interest income and dividends | |
Interest income from affiliates | |
Interest income on securities | |
Dividend income | |
Dividend income from affiliates |