Consolidated Balance Sheets DAIKIN INDUSTRIES, LTD. ANNUAL REPORT 2001 24 CORPORATE DATA FINANCIAL SECTION REVIEW OF OPERATIONS TOPICS MANAGEMENT PERSPECTIVE FINANCIAL HIGHLIGHTS See notes to consolidated financial statements. Daikin Industries, Ltd. and Consolidated Subsidiaries March 31, 2001 and 2000 Millions of yen ASSETS 2001 2000 Current assets: Cash and cash equivalents ................................................................................................. ¥035,482 ¥033,334 Short-term investments....................................................................................................... 320 1,460 Receivables (Note 5): Trade notes ................................................................................................................... 19,721 26,508 Trade accounts .............................................................................................................. 85,584 81,275 Allowance for doubtful receivables ................................................................................... (1,119) (1,467) Inventories (Note 3)............................................................................................................ 92,174 84,182 Deferred tax assets (Note 9) ............................................................................................... 9,159 6,639 Prepaid expenses and other current assets.......................................................................... 14,017 9,186 Total current assets .................................................................................................. 255,338 241,117 Property, plant and equipment (Note 6): Land.................................................................................................................................. 23,785 23,546 Buildings and structures ..................................................................................................... 111,678 104,861 Machinery and equipment ................................................................................................... 199,073 186,201 Furniture and fixtures.......................................................................................................... 67,372 64,416 Construction in progress ..................................................................................................... 8,893 6,214 Total ......................................................................................................................... 410,801 385,238 Accumulated depreciation ................................................................................................... (275,076) (259,626) Net property, plant and equipment ............................................................................. 135,725 125,612 Investments and other assets: Investment securities (Note 4) ............................................................................................ 41,265 30,584 Investments in and advances to unconsolidated  subsidiaries and associated companies (Note 5) ................................................................ 3,233 4,974 Deferred tax assets (Note 9) ............................................................................................... 671 1,184 Other assets...................................................................................................................... 16,910 15,869 Total investments and other assets ............................................................................ 62,079 52,611 Translation adjustments (Note 2)............................................................................................ 11,669 Total ..................................................................................................................................... ¥453,142 ¥431,009