Millions of yen
Automobile and Sales Consolidated
Fiscal year 2003 (For the year endedMar. 31, 2004) Eliminations Financing total
Operating activities
Income before income taxes and minority interests................................................................................................... ¥ 671,513 ¥ 64,984 ¥736,497
Depreciation and amortization...................................................................................................................................................... 313,146 147,891 461,037
Increase in finance receivables.................................................................................................................................................... (154) (462,956) (463,110)
Others............................................................................................................................................................................................................... 57,936 5,057 62,993
Net cash provided by (used in) operating activities.................................................................................................... 1,042,441 (245,024) 797,417
Investing activities
Proceeds from sales of investment securities including shares of subsidiaries................................. 40,488 34 40,522
Proceeds from sales of property, plant and equipment........................................................................................... 53,827 105 53,932
Purchases of fixed assets................................................................................................................................................................ (422,326) (6,061) (428,387)
Purchases of leased vehicles........................................................................................................................................................ (19,295) (457,318) (476,613)
Proceeds from sales of leased vehicles............................................................................................................................... 20,857 170,248 191,105
Others............................................................................................................................................................................................................... (101,534) (35,151) (136,685)
Net cash used in investing activities........................................................................................................................................ (427,983) (328,143) (756,126)
Financing activities
(Decrease) increase in short-term borrowings............................................................................................................... (306,969) 169,394 (137,575)
(Decrease) increase in long-term borrowings................................................................................................................. (244,774) 371,473 126,699
Increase in bonds and debentures............................................................................................................................................ 120,000 30,000 150,000
Others............................................................................................................................................................................................................... (253,031) 167 (252,864)
Net cash (used in) provided by financing activities..................................................................................................... (684,774) 571,034 (113,740)
Effect of exchange rate changes on cash and cash equivalents............................................................................. (2,095) (509) (2,604)
Decrease in cash and cash equivalents........................................................................................................................................ (72,411) (2,642) (75,053)