Nissan Motor Co., Ltd. and Consolidated Subsidiaries Fiscal years 2004 and 2003 CONSOLIDATED BALANCE SHEETS Thousands of Millions of yen U.S. dollars  (Note 3) 2004 2003 2004 ASSETS As of Mar. 31, 2005 Mar. 31, 2004 Mar. 31, 2005 Current assets: Cash and cash equivalents  ¥ 289,784 ¥ 194,164 $ 2,708,262 Short-term investments  (Notes 8 and 19) 23,916 704 223,514 Receivables, less allowance for  doubtful receivables  (Notes 4 and 8) 3,489,545 2,602,876 32,612,570 Inventories  (Note 5) 708,062 542,792 6,617,402 Other current assets 628,087 426,427 5,869,973 Total current assets 5,139,394 3,766,963 48,031,721 Property, plant and equipment, at cost (Notes 6, 8 and 16) : 7,461,812 6,431,023 69,736,561 Less accumulated depreciation (3,664,865) (3,227,771) (34,251,075) Property, plant and equipment, net 3,796,947 3,203,252 35,485,486 Investments and other assets (Notes 8 and 19) : Investment securities: Unconsolidated subsidiaries and affiliates 335,628 339,703 3,136,710 Other 26,293 20,641 245,729 Other assets 550,261 529,297 5,142,626 Total investments and other assets 912,182 889,641 8,525,065 Total assets ¥9,848,523 ¥7,859,856 $92,042,272 FINANCIAL SECTION Nissan Annual Report 2004 72