Millions of yen
Automobile and Sales Consolidated
Fiscal year 2003 (As of Mar. 31, 2004) Eliminations Financing total
Cash and cash equivalents..................................... ¥ 190,135 ¥ 4,029 ¥ 194,164
Short-term investments............................................. 319 385 704
Receivables, less allowance for 
doubtful receivables.................................................. 246,310 2,356,566 2,602,876
Inventories............................................................................ 536,172 6,620 542,792
Other current assets.................................................... 284,614 141,813 426,427
Total current assets...................................................... 1,257,550 2,509,413 3,766,963
Property, plant and equipment, net.................. 2,425,940 777,312 3,203,252
Investment securities................................................... 356,925 3,419 360,344
Other assets........................................................................ 340,270 189,027 529,297
Total assets......................................................................... ¥4,380,685 ¥3,479,171 ¥7,859,856
Short-term borrowings and current 
portion of long-term debt...................................... ¥ (565,677) ¥1,976,939 ¥1,411,262
Notes and accounts payable................................. 1,086,094 40,183 1,126,277
Accrued income taxes................................................ 88,000 6,008 94,008
Other current liabilities............................................... 428,791 42,143 470,934
Total current liabilities................................................. 1,037,208 2,065,273 3,102,481
Long-term debt................................................................ 769,515 925,278 1,694,793
Other long-term liabilities......................................... 743,539 191,264 934,803
Total long-term liabilities........................................... 1,513,054 1,116,542 2,629,596
Total liabilities.................................................................... 2,550,262 3,181,815 5,732,077
Minority interests............................................................. 103,785 —
Common stock.................................................................. 520,692 85,122 605,814
Capital surplus................................................................... 774,403 30,067 804,470
Retained earnings.......................................................... 1,096,203 190,096 1,286,299
Unrealized holding gain on securities............ 4,211 181 4,392
Translation adjustments............................................ (423,634) (8,110) (431,744)
Treasury common stock............................................ (245,237) — (245,237)
Total shareholders’ equity........................................ 1,726,638 297,356 2,023,994
Total liabilities and shareholders’ equity...... ¥4,380,685 ¥3,479,171 ¥7,859,856
FINANCIAL SECTION
Nissan Annual Report 2004 95