FINANCIAL SECTION
Nissan Annual Report 200480
The following table set forth the acquisition costs and related accumulated amortization of assets recorded under finance lease s included in the
balances above:
Thousands of
Millions of yen U.S. dollars
2004 2003 2004
As of Mar. 31, 2005 Mar. 31, 2004 Mar. 31, 2005
Buildings and structures................................................................................................................................................................... ¥ 20,530 ¥ 29,028 $ 191,869
Machinery and equipment............................................................................................................................................................... 295,345 317,040 2,760,234
............................................................................................................................................................................................................................... 315,875 346,068 2,952,103
Accumulated amortization............................................................................................................................................................... (141,309) (190,679) (1,320,645)
............................................................................................................................................................................................................................... ¥174,566 ¥155,389 $1,631,458
Depreciation of property, plant and equipment for each of the three years in the period ended March 31, 2005 was as follows:
Thousands of
Millions of yen U.S. dollars
2004 2003 2002 2004
For the years ended Mar. 31, 2005 Mar. 31, 2004 Mar. 31, 2003 Mar. 31, 2005
........................................................................................................................................................................................... ¥514,261 ¥449,254 ¥355,372 $4,806,178
8. SHORT-TERM BORROWINGS AND LONG-TERM DEBT
At March 31, 2005 and 2004, short-term borrowings and the current portion of long-term debt consisted of the following:
Thousands of
Millions of yen U.S. dollars
2004 2003 2004
As of Mar. 31, 2005 Mar. 31, 2004 Mar. 31, 2005
Loans, principally from banks............................................................................................................................................. ¥ 597,737 ¥ 311,928 $ 5,586,327
Commercial paper........................................................................................................................................................................ 491,336 38,000 4,591,925
Current portion of long-term debt................................................................................................................................... 836,545 1,010,870 7,818,178
Current portion of lease obligation................................................................................................................................ 58,332 50,464 545,159
¥1,983,950 ¥1,411,262 $18,541,589
7. NOTES AND ACCOUNTS PAYABLE
Notes and accounts payable at March 31, 2005 and 2004 consisted of the following:
Thousands of
Millions of yen U.S. dollars
2004 2003 2004
As of Mar. 31, 2005 Mar. 31, 2004 Mar. 31, 2005
Notes and accounts payable............................................................................................................................................... ¥ 939,786 ¥ 768,201 $ 8,783,047
Accrued expenses and other.............................................................................................................................................. 444,377 358,076 4,153,056
¥1,384,163 ¥1,126,277 $12,936,103