Consolidated Statement of Cash Flows Forconsolidated the Years Ended March Statement31, 2013 and 2014 of Cash Flows for the Years Ended March 31, 2013 and 2014
Mitsubishi Corporation FINANCIAL SECTION < FOR THE YEAR ENDED MARCH 2014 > Consolidated Statement of Cash Flows ForConsolidated the years ended March Statement31, 2013 and 2014 of Cash Flows For the years ended March 31, 2013 and 2014
Millions of U.S. Dollars Millions of Yen (Note 2) 2013 2014 2014 Operating activities: Net income ¥343,624 ¥386,359 $3,751 Adjustments to reconcile net income to net cash provided by operating
activities: Depreciation and amortization 152,057 184,726 1,794 Gains on investments (12,316) (46,335) (450) Losses on long-lived assets 64,873 14,553 141 Finance income ― net of finance costs (126,117) (165,503) (1,607) Income from investments accounted for using the equity method (167,840) (168,356) (1,635) Income taxes 99,102 145,595 1,414 Changes in notes and accounts receivable ― trade 78,410 (62,304) (605) Changes in inventories (94,574) (67,397) (654) Changes in notes, acceptance and accounts payable ― trade 5,150 (95,022) (923) Other ― net (81,975) 48,653 473 Dividends received 244,554 314,067 3,049 Interest received 67,776 77,398 752 Interest paid (42,562) (48,360) (470) Income taxes paid (76,835) (136,498) (1,325) Net cash provided by operating activities 453,327 381,576 3,705 Investing activities: Expenditures for property and equipment (581,786) (496,108) (4,817) Proceeds from sales of property and equipment 27,856 84,857 824 Expenditures for investment property (19,768) (1,571) (15) Proceeds from sales of investment property 44,089 31,021 301 Purchases of investments accounted for using the equity method (305,966) (194,220) (1,886) Proceeds from sales of investments accounted for using the equity 27,377 89,788 872 method Acquisitions of businesses ― net of cash acquired (Note 36) (12,439) (36,627) (356) Proceeds from sales of businesses ― net of cash divested 2,063 10,264 100 Purchases of other investments (84,768) (98,148) (953) Proceeds from sales of other investments 235,588 299,232 2,905 Increase in loans receivable (191,213) (93,441) (907) Collection of loans receivable 72,198 124,890 1,213 Net increase in time deposits (4,257) (20,439) (198) Net cash used in investing activities (791,026) (300,502) (2,917)
47 Mitsubishi Corporation FINANCIAL SECTION < FOR THE YEAR ENDED MARCH 2014 >
Financing activities: Net decrease in short-term debts (147,553) (126,915) (1,232) Proceeds from long-term debts ― net of issuance costs 1,385,319 845,112 8,205 Repayment of long-term debts (741,668) (745,558) (7,239) Payment of dividends (95,503) (98,862) (960) Payment of dividends to the non-controlling interest (14,584) (23,328) (226) Payment for acquisition of subsidiary's interests from the non-controlling (893) (5,556) (54) interest Proceeds from sales of subsidiary's interests to the non-controlling 2,858 35,472 344 interest Net decrease in treasury stock 390 790 8 Net cash provided by (used in) financing activities 388,366 (118,845) (1,154)
Effect of exchange rate changes on cash and cash equivalents 40,281 23,887 231 Net increase (decrease) in cash and cash equivalents 90,948 (13,884) (135) Cash and cash equivalents, beginning of year 1,254,972 1,345,920 13,067 Cash and cash equivalents, end of year ¥1,345,920 ¥1,332,036 $12,932
See notes to the consolidated financial statements
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