Millions of yen Automobile and Sales Consolidated Fiscal year 2003  (As of Mar. 31, 2004) Eliminations Financing total Cash and cash equivalents ..................................... ¥ 190,135 ¥ 4,029 ¥ 194,164 Short-term investments ............................................. 319 385 704 Receivables, less allowance for  doubtful receivables .................................................. 246,310 2,356,566 2,602,876 Inventories ............................................................................ 536,172 6,620 542,792 Other current assets .................................................... 284,614 141,813 426,427 Total current assets ...................................................... 1,257,550 2,509,413 3,766,963 Property, plant and equipment, net .................. 2,425,940 777,312 3,203,252 Investment securities ................................................... 356,925 3,419 360,344 Other assets ........................................................................ 340,270 189,027 529,297 Total assets ......................................................................... ¥4,380,685 ¥3,479,171 ¥7,859,856 Short-term borrowings and current  portion of long-term debt ...................................... ¥ (565,677) ¥1,976,939 ¥1,411,262 Notes and accounts payable ................................. 1,086,094 40,183 1,126,277 Accrued income taxes ................................................ 88,000 6,008 94,008 Other current liabilities ............................................... 428,791 42,143 470,934 Total current liabilities ................................................. 1,037,208 2,065,273 3,102,481 Long-term debt ................................................................ 769,515 925,278 1,694,793 Other long-term liabilities ......................................... 743,539 191,264 934,803 Total long-term liabilities ........................................... 1,513,054 1,116,542 2,629,596 Total liabilities .................................................................... 2,550,262 3,181,815 5,732,077 Minority interests ............................................................. 103,785 — Common stock .................................................................. 520,692 85,122 605,814 Capital surplus ................................................................... 774,403 30,067 804,470 Retained earnings .......................................................... 1,096,203 190,096 1,286,299 Unrealized holding gain on securities ............ 4,211 181 4,392 Translation adjustments ............................................ (423,634) (8,110) (431,744) Treasury common stock ............................................ (245,237) — (245,237) Total shareholders’ equity ........................................ 1,726,638 297,356 2,023,994 Total liabilities and shareholders’ equity ...... ¥4,380,685 ¥3,479,171 ¥7,859,856 Nissan Annual Report 2004 95 FINANCIAL SECTION