SUZUKI MOTOR CORPORATION

BALANCE SHEET
AS ON DEC 31…..

ASSETS
2014 2015 2016
Millions of Millions of Millions of
yen yen yen
ASSETS
Current assets:
Cash and cash equivalents 710,611 932,261 450,088
Receivables:

Notes and accounts receivables-trade 310,694 316,826 335,343

Allowance for doubtful accounts -4,804 -4,156 -5,528
Inventories 276,285 314,391 286,301
Deferred tax assets 105,064 115,015 116,378
Other 392,982 334,391 450,046
Total current assets 1,790,832 2,008,729 1,632,630
Property, plant and equipment:
Land 238,532 259,540 255,013
Buildings and structures 385,797 403,922 416,217
Machinery, equipment, vehicles 1,120,381 1,280,563 1,286,385
Tools, furniture and fitures 378,011 391,797 408,683
Construction in progress 96,560 70,456 50,361
2,219,283 2,406,280 2,416,660
Accumulated depreciation -1,524,862 -1,610,388 -1,659,584
Total property, plant and equipment 694,420 795,892 757,076
Investments and other assets:
Investment securities 270,329 341,325 226,516
Investments in affiiates 55,699 59,544 46,250
Assets for retirement benefis 15,862 1,860 50
Deferred tax assets 20,924 19,985 14,773
Other 26,005 25,462 24,709
Total investments and other assets 388,821 448,179 312,301

Total assets ¥2,874,074 ¥3,252,800 ¥2,702,008

 LIBILITIES & OWNER`S EQUITY
2014 2015 2016
Millions of Millions of Millions of
yen yen yen
LIABILITIES AND NET ASSETS
Current liabilities:

Short-term loans payable 197,413 177,805 201,507

Current portion of long-term loans payable 38,748 104,145 64,982

Accounts payable-trade 433,819 479,950 402,624
Electronically recorded obligations 64,055
Income taxes payable 46,628 21,797 29,486
Accrued expenses 171,274 181,217 183,695
Provision for product warranties 61,447 60,305 66,032
Deferred tax liabilities 967 6,190 481
Other 106,634 121,188 133,089
Total current liabilities 1,056,933 1,152,601 1,145,956
Noncurrent liabilities:
Long-term loans payable 209,166 272,717 262,797
Liabilities for retirement benefis 36,918 40,791 56,346
Provision for disaster 16,596 8,923 3,056
Deferred tax liabilities 43,766 43,766 7,484
Other 30,923 32,609 38,663
Total noncurrent liabilities 322,783 398,808 368,348
Total liabilities 1,379,717 1,551,409 1,514,305

Shareholders’ equity:
Capital stock:
Common stock: Authorized-1,500,000,000 shares Issued,
as of 31 March 2015 – 561,047,304 138,014 138,014
as of 31 March 2014 – 561,047,304 138,014
Capital surplus 144,364 144,364 144,166
Retained earnings 1,008,555 1,082,440 913,656
Treasury stock -57 -62 -191,169
Total shareholders’ equity 1,290,877 1,364,757 1,004,668
Accumulated other comprehensive income:
Valuation difference on available-for-sale securities 104,745 158,788 77,624
Deferred gains or losses on hedges 131 679 536
Foreign currency translation adjustment -72,898 -42,997 -115,551
Accumulated adjustment for retirement benefis 3,867 864 -9,580
Total accumulated other comprehensive income 35,846 117,333 -46,970
Subscription rights to shares 168 250 188
Minority interests 167,464 219,048 229,816
Total net assets ¥1,494,357 ¥1,701,390 ¥1,187,703
Commitments and contingent liabilities
Total liabilities and net assets ¥2,874,074 ¥3,252,800 ¥2,702,008

SUZUKI MOTOR CORPORATION

PROFIT & LOSS ACCOUNT
FOR THE PERIOD ENDED DEC 31…..
2014 2015 2016
Millions Millions Millions
of yen of yen of yen
Net sales ¥2,938,314 ¥3,015,461 ¥3,180,659
Cost of sales 2,142,754 2,190,309 2,313,779
Gross profi 795,559 825,152 866,879
Selling, general and administrative expenses 607,812 645,727 671,571
Operating income 187,747 179,424 195,308
Other income (expenses):
Interest and dividend income 18,441 25,259 20,885
Interest expense -6,158 -9,433 -6,381
Equity in earnings (losses) of affiiates -115 -1,454 -2,492
Other -2,823 -549 38,311
Income before income taxes 197,090 193,246 245,631
Income taxes:
Current 67,212 70,589 87,279
Deferred 2,387 -4,970 5,051
69,600 65,619 92,330
Income before minority interests 127,489 127,627 153,300
Minority interests in income 20,005 30,765 36,640

Net income ¥ 107,484 ¥ 96,862 ¥ 116660