(3) 貸借対照表.pdf

The financial statements of a Japanese university for the fiscal year ending March 31, 2018, show the following:

Assets:

Total assets: ¥29,489,763,375 (an increase of ¥71,839,026 from the previous year)
Fixed assets: ¥27,925,438,191 (an increase of ¥8,906,459 from the previous year)
+ Tangible fixed assets: ¥16,340,943,183 (a decrease of ¥201,546,467 from the previous year)
+ Intangible fixed assets: ¥11,482,624,047 (an increase of ¥220,187,000 from the previous year)
Current assets: ¥1,564,325,184 (an increase of ¥62,932,567 from the previous year)

Liabilities:

Total liabilities: ¥5,785,761,194 (a decrease of ¥151,902,196 from the previous year)
Fixed liabilities: ¥4,018,418,390 (a decrease of ¥154,813,105 from the previous year)
Current liabilities: ¥1,767,342,804 (an increase of ¥2,910,909 from the previous year)

Net Assets:

Total net assets: ¥23,704,002,181 (an increase of ¥223,741,222 from the previous year)
Basic funds: ¥25,823,983,830 (an increase of ¥199,092,424 from the previous year)
Accumulated surplus/deficit: -¥2,119,981,649 (a decrease of ¥24,648,798 from the previous year)

Important Accounting Policies:

Allowance for doubtful accounts: based on historical collection rates and individual estimates
Retirement benefit allowance: based on the projected benefit amount and the cumulative amount of contributions and payments
Other important accounting policies: valuation of securities, foreign currency translation, and accounting for prepaid and accrued items.