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, 2016 and 2015 1 MODEC , INC. and Consolidated Subsidiaries Consolidated BALANCE SHEETS December 31, 2016 and 2015 ASSETS The accompanying notes are an integral part of these Consolidated Financial Statements . Millions of Japanese yen 2016 2015 CURRENT ASSETS: Cash and time deposits ( notes 1(t), 3 and 18) 42,807 57,956 Accounts receivable trade ( notes 17, 18 and 21) 95,544 145,752 Inventories (Note 2) 2,360 3,814 Short-term loans receivable ( notes 18 and 21) 55,012 20,239 Deferred tax assets (Note 14) 3,263 4,214 Other current assets 21,026 11,539 Less- Allowance for bad debts (Note 18) (1,971) (1,395)Total current assets 218,042 242,120 PROPERTY AND EQUIPMENT (Note 20): Buildings and structures 130 165 Machinery and equipment 43,542 45,166 Other property and equipment 4,078 4,302 Construction in progress 186 16 Less- Accu
1 MODEC, INC. and Consolidated Subsidiaries CONSOLIDATED BALANCE SHEETS December 31, 2016 and 2015 ASSETS The accompanying notes are an integral part of these consolidated financial statements.
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