Transcription of Consolidated Financial Statements - MODEC
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Consolidated Financial Statements - MODEC
Consolidated Financial Statements MODEC , INC. and Consolidated Subsidiaries For the years ended December 31, 2017 and 2016 1 MODEC , INC. and Consolidated Subsidiaries Consolidated BALANCE SHEETS December 31, 2017 and 2016 ASSETS The accompanying notes are an integral part of these Consolidated Financial Statements . Millions of Japanese yen 2017 2016 CURRENT ASSETS: Cash and time deposits (Notes 1(t), 3 and 18) 31,380 42,807 Accounts receivable-trade (Notes 17, 18 and 21) 98,188 95,544 Inventories (Note 2) 1,096 2,360 Short-term loans receivable (Notes 18 and 21) 46,282 55,012 Deferred tax assets (Note 14) 2,403 3,263 Other current assets 19,983 21,026 Less allowance for bad debts (Note 18) (1,297) (1,971) Total current assets 198,035 218,042 PROPERTY AND EQUIPMENT (Note 20): Buildings and structures 130 130 Machinery and equipment 32,259 43,542 Other property and equipment 3,912 4,078 Construction in progress 110 186 Less accumulated depreciation (29,549) (33,776) Net property and equipment 6,863 14,161 INTANGIBLE ASSETS (Notes 5 and 13) 7,446 7,420 INVESTMENTS AND OTHER ASSETS.
Consolidated Financial Statements MODEC, INC. and Consolidated Subsidiaries For the years ended December 31, 2017 and 2016
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