summary of consolidated financial results of nec corporation

IV. CONSOLIDATED BALANCE SHEETS(Millions of yen, millions of U.S.dollars)Fiscal 2000 Fiscal 1999 Increase/ Fiscal 2000(decrease)Current assets ¥2,153,531 ¥2,420,731 ¥-267,200 $20,908Cash and cash equivalents 373,967 319,669 54,298 3,631Notes and accounts receivable, trade 877,161 1,126,047 -248,886 8,516Inventories 747,609 811,317 -63,708 7,258Other current assets 154,794 163,698 -8,904 1,503Long-term assets 2,455,433 2,625,203 -169,770 23,839Long-term receivables, trade 53,018 41,952 11,066 514.7Investments and advances 831,810 761,380 70,430 8,076Property, plant and equipment 1,115,251 1,301,330 -186,079 10,828Other assets 455,354 520,541 -65,187 4,421Total assets ¥4,608,964 ¥5,045,934 ¥-436,970 $44,747Current liabilities ¥1,956,157 ¥2,085,422 -129,265 $18,992Short-term borrowings andcurrent portion of long-term debt 631,052 788,491 -157,439 6,127Notes and accounts payable, trade 906,679 837,349 69,330 8,803Other current liabilities 418,426 459,582 -41,156 4,062Long-term liabilities 1,611,504 1,931,286 -319,782 15,646Long-term debt 1,326,138 1,587,057 -260,919 12,875Accrued pension and severance costs 261,301 341,045 -79,744 2,537Other 24,065 3,184 20,881 234Minority shareholders' equity inconsolidated subsidiaries 64,450 64,658 -208 626Redeemable preferred stock 0 37,223 -37,223 0Common stock 231,137 230,212 925 2,244Additional paid-in capital 348,234 345,642 2,592 3,381Retained earnings 349,477 348,896 581 3,393Accumulated other comprehensive income 48,005 2,595 45,410 466Total shareholders' equity 976,853 927,345 49,508 9,484Total liabilities and shareholders' equity ¥4,608,964 ¥5,045,934 (-436,970.0) $44,747