This company is transferred to the archive: financial data is no longer updated!
Sony Corp. (SNE) | Statement of Cash Flows
The cash flow statement provides information about a company's cash receipts and cash payments during an accounting period, showing how these cash flaws link the ending cash balance to the beginning balance shown on the company's statement of financial position.
The cash flow statement consists of three parts: cash flows provided by (used in) operating activities, cash flows provided by (used in) investing activities, and cash flows provided by (used in) financing activities.
Sony Corp., Consolidated Statement of Cash Flows
USD $ in millions, translated from JPY ￥
| 12 months ended | Mar 31, 2012 | Mar 31, 2011 | Mar 31, 2010 | Mar 31, 2009 | Mar 31, 2008 | Mar 31, 2007 | |
|---|---|---|---|---|---|---|---|
| Net income (loss) | (4,848) | (2,650) | 139 | (1,041) | 3,630 | 1,074 | |
| Depreciation and amortization, including amortization of deferred insurance acquisition costs | 3,888 | 3,913 | 3,988 | 4,127 | 4,272 | 3,388 | |
| Amortization of film costs | 2,298 | 3,009 | 2,984 | 2,603 | 3,049 | 3,121 | |
| Stock-based compensation expense | 24 | 23 | 24 | 35 | 41 | 33 | |
| Accrual for pension and severance costs, less payments | 446 | (183) | (105) | 170 | (176) | (193) | |
| Other operating (income) expense, net | (725) | (162) | 462 | 390 | (378) | 49 | |
| (Gain) loss on sale or devaluation of securities investments, net | 36 | (80) | (75) | 32 | 76 | (113) | |
| (Gain) loss on revaluation of marketable securities held in the financial service business for trading purpose, net | (256) | 132 | (536) | 794 | 564 | (100) | |
| (Gain) loss on revaluation or impairment of securities investments held in the financial service business, net | 34 | 61 | (580) | 1,029 | 600 | 2 | |
| Gain on initial public offering of Sony Financial Holdings | – | – | – | – | (809) | – | |
| Deferred income taxes | 2,515 | 3,697 | (373) | (1,560) | 200 | (112) | |
| Equity in net (income) losses of affiliated companies, net of dividends | 1,688 | (138) | 389 | 666 | (135) | (578) | |
| (Increase) decrease in notes and accounts receivable, trade | 54 | 1,257 | (573) | 2,221 | 1,853 | (3,032) | |
| (Increase) decrease in inventories | 362 | (1,348) | 1,597 | 1,633 | (1,405) | (1,010) | |
| (Increase) decrease in film costs | (2,273) | (2,935) | (3,190) | (2,692) | (3,527) | (2,711) | |
| Increase (decrease) in notes and accounts payable, trade | (723) | (218) | 2,816 | (3,826) | (2,350) | 3,067 | |
| Increase (decrease) in accrued income and other taxes | (543) | (96) | 684 | (1,661) | 1,386 | (122) | |
| Increase (decrease) in future insurance policy benefits and other | 4,048 | 3,354 | 3,063 | 1,777 | 1,660 | 1,461 | |
| (Increase) decrease in deferred insurance acquisition costs | (835) | (832) | (774) | (699) | (628) | (521) | |
| (Increase) decrease in marketable securities held in the financial service business for trading purpose | (476) | (362) | (90) | (266) | (572) | 269 | |
| (Increase) decrease in other current assets | (428) | (1,076) | (348) | 1,366 | (243) | (298) | |
| Increase (decrease) in other current liabilities | 129 | 674 | 57 | (1,070) | 517 | 620 | |
| Changes in assets and liabilities | (685) | (1,582) | 3,242 | (3,217) | (3,307) | (2,276) | |
| Other | 1,906 | 1,371 | 253 | 116 | (65) | 458 | |
| Adjustments to reconcile net income (loss) to net cash provided by operating activities | 11,169 | 10,061 | 9,673 | 5,185 | 3,933 | 3,678 | |
| Net cash provided by operating activities | 6,321 | 7,411 | 9,812 | 4,145 | 7,562 | 4,752 | |
| Payments for purchases of fixed assets | (4,654) | (3,051) | (3,633) | (5,051) | (4,737) | (4,469) | |
| Proceeds from sales of fixed assets | 276 | 225 | 168 | 1,562 | 1,445 | 740 | |
| Payments for investments and advances by financial service business | (12,509) | (17,546) | (17,002) | (25,418) | (22,792) | (7,749) | |
| Payments for investments and advances, other than financial service business | (341) | (184) | (450) | (1,815) | (1,029) | (848) | |
| Proceeds from sales or return of investments and collections of advances by financial services business | 5,773 | 10,511 | 12,129 | 19,579 | 14,388 | 5,758 | |
| Proceeds from sales or return of investments and collections of advances, other than financial services business | 1,134 | 365 | 584 | 118 | 518 | 193 | |
| Proceeds from sales of shares of Sony Financial Holdings | – | – | – | – | 3,047 | – | |
| Proceeds from sales of businesses | 103 | 1,195 | 237 | – | – | – | |
| Payment for Sony Ericsson acquisition, net of cash acquired | (874) | – | – | – | – | – | |
| Other | 352 | (108) | (52) | 17 | 72 | 314 | |
| Net cash used in investing activities | (10,742) | (8,592) | (8,018) | (11,008) | (9,087) | (6,060) | |
| Proceeds from issuance of long-term debt | 2,639 | 18 | 5,483 | 735 | 310 | 2,294 | |
| Payments of long-term debt | (1,363) | (2,600) | (1,549) | (2,692) | (346) | (1,545) | |
| Increase (decrease) in short-term borrowings, net | (318) | 74 | (2,690) | 2,490 | 158 | 52 | |
| Increase in deposits from customers in the financial service business, net | 2,574 | 2,758 | 2,971 | 2,663 | 4,850 | 2,316 | |
| Increase (decrease) in call money and bills sold in the banking business, net | – | – | – | – | – | (853) | |
| Dividends paid | (305) | (302) | (270) | (434) | (251) | (212) | |
| Proceeds from the issuance of shares under stock-based compensation plans | – | – | 1 | 4 | 75 | 47 | |
| Proceeds from the issuance of shares of Sony Financial Holdings | – | – | – | – | 287 | – | |
| Other | (96) | (69) | (24) | (43) | (39) | 1 | |
| Net cash provided by (used in) financing activities | 3,131 | (122) | 3,923 | 2,723 | 5,046 | 2,100 | |
| Effect of exchange rate changes on cash and cash equivalents | (168) | (829) | (12) | (193) | (661) | 28 | |
| Net increase (decrease) in cash and cash equivalents | (1,458) | (2,131) | 5,705 | (4,333) | 2,860 | 820 | |
| Cash and cash equivalents at beginning of the fiscal year | 12,342 | 14,331 | 7,102 | 11,060 | 7,984 | 5,956 | |
| Cash and cash equivalents at end of the fiscal year | 10,884 | 12,200 | 12,807 | 6,727 | 10,844 | 6,776 |
| Item | Description | The company |
|---|---|---|
| Net cash provided by operating activities | The net cash from (used in) all of the entity's operating activities, including those of discontinued operations, of the reporting entity. Operating activities generally involve producing and delivering goods and providing services. Operating activity cash flows include transactions, adjustments, and changes in value that are not defined as investing or financing activities. | Sony Corp.'s net cash provided by operating activities declined from 2010 to 2011 and from 2011 to 2012. |
ADVERTISEMENT