It has a battery too, but if it dies, the radio still works, you just lose the memories. A point about the audio mods. I've done about all of them to R71as over the last 25+ years, on ones I've owned and ones friends have had and the best one of them all involves no changing caps at all. This is the mod I've done on two of them now, mine and a friend's, and it makes a huge difference on AM, to the point I can say I actually like the R71a's AM audio now! The hardest part of the mod is finding the resistors to replace. And taking the R71a apart to do it. Whoever came up with this fix knows what they are doing! I do NOT recommend the cap removal though, it might help with someone who is hard of hearing, but it's very "brittle" sounding.
It involves replacing just 2 resistors. I did the diode on my friend's radio and we couldn't really see much improvement over mine, maybe a tiny bit. I got this off a forum a while back:
Having suffered for years with tiring AM audio on my R71, decided to fix it. These are one of the best radios ever made, well worth hanging on to. The problem appears to be the switching diode D75. The Emitter follower Q26 is enabled for AM reception, the 3 volts or so being used to forward bias D75, thereby passing the audio to IC6a. The current through the diode being only a few hundred microamps is insufficient to turn it on fully, causing the forward dynamic `resistance to be modulated with the audio, causing distortion. The fix is simple. Replace R202, (100k) to 15k, and replace R128 (1K) with a jumper. This increases the current to a more satisfactory.3 mA or so. The results are great, AM audio now not fuzzy and muffled. While you are in there, replace L28 with a germanium diode, anode to ground. This will convert the AM detector to a voltage doubler, gaining a few dB better weak signal performance. The complete removal of C122 (.0047) and C127 (.1) will also further help with the muffled audio, especially with older listeners with higher frequency hearing loss. These simple mods are much easier, and far more effective than just changing the capacitors in the signal path.