This section presents Kirin Holdings' financial data.
As of December 31, 2010
- Declined primarily due to a change of National Foods' accounting period.
- Rose as a result of cost-cutting by respective companies and across the Group as well as the recovering performance of Kyowa Hakko Kirin Group’s chemicals business.
- Ordinary income declined due to currency exchange loss, and net income declined considerably as a result of impairment loss related to National Foods' brands and goodwill at the time of its acquisition and income taxes paid.
- Total assets decreased Y211.9 billion, due to a increase in investments and other assets resulting from the increase of investment securities due to the acquisition of shares of Fraser and Neave, Limited, and decrease in intangible assets due to the recording of loss on impairment for the amortization of goodwill at National Foods Limited.
- Total liabilities decreased Y172.1 billion, due to a decrease of Employees' pension and retirement benefits and debt with interest.
- Net cash provided by operating activities was 218.0 billion, an increase of 28.1 billion yen from the previous fiscal year, due to a increase of amortization of good will and a decrease of income taxes paid.
Net cash used in investing activities decreased Y180.7 billion to Y140.9 billion compared to the previous fiscal year, primarily due to an outflows of the purchase of marketable securities and investment securities.
Financing activities produced a net cash use of Y140.1 billion, Y314.4 billion more than in the previous fiscal year, primarily due to a decrease of borrowings.
