Sustained Innovation and Creativity - Toyota Industries Corporation

LIABILITIES, MINORITY INTERESTS AND SHARE HOLD ERS’ EQUITYMillions of yenThousands ofU.S. dollars (Note 1)2006 2005 2006Current liabilities:Trade notes and accounts payable ¥ 182,595 ¥ 160,231 $ 1,554,397Short-term bank loans (Note 7) 38,929 59,945 331,395Commercial paper 29,680 – 252,660Current portion of bonds (Note 7) 15,000 20,300 127,692Other payables 30,620 45,462 260,662Accrued expenses 67,674 59,357 576,096Accrued income taxes 13,625 15,297 115,987Deposits received from employees 20,915 20,055 178,046Deferred tax liabilities (Note 15) 3,858 4,067 32,842Other current liabilities (Note 7) 43,222 36,826 367,941Total current liabilities 446,118 421,540 3,797,718Long-term liabilities:Bonds (Note 6) 283,832 230,000 2,416,208Long-term bank loans (Notes 6 and 7) 106,268 73,492 904,640Deferred tax liabilities (Note 15) 681,504 381,787 5,801,515Allowance for retirement benefi ts (Note 14) 46,535 44,463 396,144Other long-term liabilities 20,586 18,891 175,245Total long-term liabilities 1,138,725 748,633 9,693,752Total liabilities 1,584,843 1,170,173 13,491,470Minority interests in consolidated subsidiaries 49,271 40,904 419,435Shareholders’ equity (Note 10):Common stock:Authorized — 1,091,245,000 sharesIssued — 325,840,640 shares as of March 31, 2006 and 2005 80,463 80,463 684,966Capital surplus 105,665 105,601 899,506Retained earnings 358,386 325,331 3,050,873Net unrealized gains on other securities 1,047,191 591,218 8,914,540Foreign currency translation adjustments 33,886 29,861 288,465Treasury stock at cost (14,364) (16,727) (122,278)6,520,194 shares as of March 31, 20067,603,825 shares as of March 31, 2005Total shareholders’ equity 1,611,227 1,115,747 13,716,072Total liabilities, minority interests and shareholders’ equity ¥3,245,341 ¥2,326,824 $27,626,977Toyota Industries Corporation Annual Report 200675