14. RETAINED EARNINGS Other changes in retained earnings for each of the three years in the period ended March 31, 2005 were as follows: The following is a summary of the assets and liabilities of Calsonic Kansei Corporation and its 11 subsidiaries, which were newly consolidated subsidiaries, as a result of the acquisition of shares through the private placement for the year ended March 31, 2005. The following is a summary of the assets and liabilities of Dongfeng Motor Co., Ltd., a newly consolidated subsidiary, as a result of transfer of all shares to the Company’s consolidated subsidiary, Nissan China Investment Co., Ltd. for the year ended March 31, 2005. Nissan Annual Report 2004 85 FINANCIAL SECTION 15. SUPPLEMENTARY CASH FLOW INFORMATION Thousands of Millions of yen U.S. dollars 2004 2003 2002 2004 For the years ended Mar. 31, 2005 Mar. 31, 2004 Mar. 31, 2003 Mar. 31, 2005 Adjustments for revaluation of the accounts  of the consolidated subsidiaries based on  general price-level accounting  (Note 1(b)) .................................................................................................... ¥12,942 ¥ 9,460 ¥14,464 $120,953 Loss on disposal of treasury stock ................................................................................................................ (4,700) (8,171) (2,664) (43,925) Effect of adoption of a new accounting standard  for retirement benefit by foreign subsidiaries (Note 2(b)) ................................................................. — (18,132) — — Decrease in unfunded retirement benefit obligation  with respect to foreign subsidiaries ........................................................................................................... (369) — — (3,449) Adjustments to retained earnings at beginning of  the year for inclusion in or exclusion from consolidation  or the equity method of accounting for subsidiaries  and affiliates, and certain other adjustments ...................................................................................... 1,104 (4,176) (7,854) 10,318 Increase due to land revaluation of foreign subsidiaries .............................................................. 2,182 — — 20,393 ¥11,159 ¥(21,019) ¥ 3,946 $104,290 Thousands of Millions of yen U.S. dollars 2004 2004 For the year ended Mar. 31, 2005 Mar. 31, 2005 Current assets ........................................................................................................................................................................................................................... ¥ 69,926 $ 653,514 Fixed assets ................................................................................................................................................................................................................................ 126,242 1,179,832 Total assets ................................................................................................................................................................................................................................. ¥196,168 $1,833,346 Current liabilities ...................................................................................................................................................................................................................... ¥ (21,146) $ (197,626) Long-term liabilities .............................................................................................................................................................................................................. (55,714) (520,692) Total liabilities ............................................................................................................................................................................................................................ ¥ (76,860) $ (718,318) Thousands of Millions of yen U.S. dollars 2004 2004 For the year ended Mar. 31, 2005 Mar. 31, 2005 Current assets ........................................................................................................................................................................................................................... ¥ 106,744 $ 997,607 Fixed assets ................................................................................................................................................................................................................................ 44,094 412,093 Total assets ................................................................................................................................................................................................................................. ¥ 150,838 $ 1,409,700 Current liabilities ...................................................................................................................................................................................................................... ¥(109,922) $(1,027,308) Long-term liabilities .............................................................................................................................................................................................................. (22,218) (207,645) Total liabilities ............................................................................................................................................................................................................................ ¥(132,140) $(1,234,953)