Consolidated Statements of Cash Flows
Toyoda Automatic Loom Works, Ltd. and its consolidated subsidiaries
For the years ended March 31, 2000, 1999 and 1998
Thousands ofU.S. dollars(Note 1)Millions of yen

2000

1999

1998

2000

¥ 27,162¥ 23,172¥ 33,202$ 255,884

42,752(70)(1,408)
5,036
3,277
897
(5,801)(7,765)2,532(8,427)(1,998)16,9802,409

34,380
120
(507)
3,763
2,094
1,505(752)(8,560)2,042
11,896(888)(13,730)(881)

27,958
150
861
(267)
2,115
1,471
62
(8,277)2,330
8,377(2,634)970
549

402,746(662)(13,265)
47,43930,875
8,452(54,645)(73,147)
23,852(79,392)(18,827)
159,961
22,694(196)(1,083)

(222)
771

(191)
(5,424)(1,843)(10,199)

74,29754,203

61,252699,923

7,779(2,532)(11,486)

8,575(2,042)(16,598)

8,326(2,330)(16,291)

73,283(23,852)(108,208)

Net Cash Provided by Operating Activities

68,05844,13850,957641,146

Cash Flows from Investing Activities:
Payments for purchases of securities
Proceeds from sales of securities
Payments for purchases of property, plant and equipment
Proceeds from sales of property, plant and equipment
Payments for purchases of investment securities
Proceeds from sales of investment securities
Payments for loans madeProceeds from collections of loans
Payments for acquisition of business
Other, net(3,506)
7,608(52,082)
1,147(16,101)
26(10,503)
3,958(1,498)3,764(6)
10,060(77,707)838(26,762)146(5,980)4,507–(1,323)(9,505)
5,157(32,474)615(10,708)
66(5,141)
6,075–
19,013(33,032)
71,671(490,643)
10,808(151,679)
242(98,943)
37,289(14,118)
35,463

Net Cash Used in Investing Activities(67,187)(96,227)(26,902)(632,942)

Cash Flows from Financing Activities:
Proceeds from issuances of bonds
Repayments of bonds
Increase (decrease) in short-term bank loans
Proceeds from long-term bank loans
Repayments of long-term bank loans
Cash dividends paid (including amount transferred to minority interests)
Retirements of shares
Other, net

29,849
–
1,934
1,633
(1,031)(4,863)–(22)

40,091(300)(1,438)2,272(2,272)(4,757)(9,225)(3)

29,835(24,010)678
970(5,625)(4,704)(9,999)(63)

281,195–
18,21815,385(9,719)(45,810)–(206)

Net Cash Provided by (Used in) Financing Activities

27,50024,368(12,918)

259,063

Translation Difference in Cash and Cash Equivalents(1,807)

(301)

114

(17,019)

Net Increase (Decrease) in Cash and Cash Equivalents

26,564(28,022)

11,251

250,248

Cash and Cash Equivalents at Beginning of Year49,95574,30362,322

470,609

Cash Flows from Operating Activities:
Income before income taxes
Adjustments to reconcile income before income taxes
to net cash provided by operating activities:
Depreciation and amortization of intangibles
Amortization of consolidation difference
Provision for retirement and severance benefits, net of payments
Equity in earnings of affiliates
Income and loss from sales or disposal of property, plant and equipment
Write-downs of securities
Income and loss from sales of securities (including investment securities)
Interest and dividend income
Interest expenses(Increase) decrease in receivables(Increase) in inventoriesIncrease (decrease) in payables
Increase (decrease) in accrued expenses
Bonuses to directors and corporate auditors paid(including amount transferred to minority interests)
Other, net
Sub TotalInterest and dividend income received
Interest expenses paid
Income taxes paid

Increase in Cash and Cash Equivalents Due to Additions of Newly Consolidated Subsidiaries
Cash and Cash Equivalents at End of Year

813

3,674

730

7,663

¥ 77,332¥ 49,955¥ 74,303$ 728,520

Notes: 1. See Note 2(c) of the Notes to Consolidated Financial Statements for the scope of Cash and cash equivalents.
2. See Note 4(c) of the Notes to Consolidated Financial Statements for the standards used to prepare the Statements of Cash Flows.
The accompanying notes are integral parts of these statements.
26

TOYODA AUTOMATIC LOOM WORKS, LTD.