Skip to main content

HITACHI KOKUSAI ELECTRIC INC. AND SUBSIDIARIES

CONSOLIDATED FINANCIAL STATEMENTS FOR THE THIRD QUARTER ENDED DECEMBER 31, 2009

Consolidated Quarterly Statements of Cash Flows(Unaudited)

For the nine months ended December 31, 2009 and 2008

Cash Flows
  YEN (millions) (A)/(B)
×100(%)		 U.S.Dollars
(millions)
3Q of
FY2009 (A)		 3Q of
FY2008 (B)		 3Q of FY2009
 Net cash provided by (used in) operating activities
Loss before income taxes and minority interests
(7,431)
(7,019)
-
(81)
Depreciation and amortization
 3,520 3,977 89 38
Increase (Decrease) in provision for retirement benefits
 377 (41) - 4
Increase (Decrease) in provision for directors' retirement benefits
 36 (37) - 0
Decrease in provision for product warranties
 (314) (488) - (3)
Increase in provision for loss on construction contracts
 778 - - 8
Interest and dividends income
 (248) (577) - (3)
Interest expenses
 12 15 80 0
Loss on disposal of noncurrent assets
 32 60 53 0
Gain on sales of noncurrent assets
 (13) (15) - (0)
Decrease in notes and accounts receivable-trade
 9,552 30,008 32 104
Increase in inventories
 (3,591) (84) - (39)
Increase in other current assets
 (452) (901) - (5)
Increase(Decrease) in notes and accounts payable-trade
 5,407 (16,213) - 59
Decrease in accrued consumption taxes
 (850) (460) - (9)
Decrease in other current liabilities
 (1,863) (5,423) - (20)
Other, net
 (287) (94) - (3)
Subtotal
 4,662 2,703 172 51
Interest and dividends income received
 248 853 29 3
Interest expenses paid
 (12) (15) - (0)
Income taxes paid
 (708) (1,678) - (8)
Income taxes refund
 901 49 - 10
Net cash provided by (used in) operating activities
 5,091 1,911 266 55
 Net cash provided by (used in) investment activities
Payments into time deposits

(9)

(196)

-

(0)
Proceeds from withdrawal of time deposits
 12 318 4 0
Purchase of investment securities
 (212) (5) - (2)
Proceeds from sales of investment securities
 661 0 - 7
Purchase of property, plant and equipment
 (936) (3,053) - (10)
Proceeds from sales of property, plant and equipment
 35 72 49 0
Decrease in short-term loans receivable
 7 7 100 0
Increase in investment in variable interest rate deposit
 - (2,000) - -
Maturities of long term deposit
 1,000 - - 11
Decrease in other investments
 40 30 133 0
Other, net
 (453) (637) - (5)
Net cash provided by (used in) investing activities
 144 (5,464) - 2
 Net cash provided by (used in) financing activities
Redemption of bonds with subscription rights to shares
-
(6,000)
-
-
Cash dividends paid
 (1,334) (1,945) - (14)
Cash dividends paid to minority shareholders
 (14) (6) - (0)
Net Increase in treasury stock
 (11) (22) - (0)
Other, net
 (2) (1) - (0)
Net cash provided by (used in) financing activities
 (1,363) (7,976) - (15)
 Effect of exchange rate change on cash and cash equivalents (183) (757) - (2)
 Net increase(decrease) in cash and cash equivalents 3,689 (12,286) - 40
 Increase in cash and cash equivalents
from newly consolidated subsidiary		 306 - - 3
 Cash and cash equivalents at beginning of period 36,064 51,208 70 392
 Cash and cash equivalents at end of period 40,060 38,921 103 435