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Available-for-sale securities and held-to-maturity securities w hose fair value was not readily determinable as of M arch 31, 2007 and 2006 w ere as
follows:
The carrying values of debt securities and others by contractual maturity for securities classified as available-for-sale and held-to-maturity at
March 31, 2007 w ere as follows:
26 Brother Annual Report 2007
Notes to Consolidated Financial Statements
Brother Industries, Ltd. and Consolidated Subsidiaries
For the Years ended March 31, 2007 and 2006
-
-
-
March 31, 2007
Due in one year or less
Due after one year through five years
Due after five years through ten years
Total
Available
for Sale
Held to
Maturity
Available
for Sale
Held to
Maturity
Millions of Yen Thousands of U.S. Dollars
¥
¥
399
200
425
1,024
$
¥
-
-
-
$
$
3,381
1,695
3,602
8,678
$
$
Available-for-sale:
Equity securities
Investments in limited liability partnerships
Total
Thousands of
U.S. Dollars
Carrying am ount
4,331
432
4,763
$
$
Millions of Yen
505
551
1,056
¥
¥
511
51
562
¥
¥
200720062007
Loans principally from banks with w eighted average
interest rates of 4.80%
(4.35% in 2006)
Thousands of
U.S. Dollars
111,763$
Millions of Yen
13,333¥13,188¥
200720062007
5. Long-Lived Assets
The Company and domestic consolidated subsidiaries review ed its long-term assets for impairment
as of the year ended March 31, 2006 and, as a result, recognized an impairment loss of ¥9,932 million
as other expense for leasing fixed assets and unused fixed assets due to decline in the market
prices. The carrying amounts of these assets were written dow n to the recoverable amounts. The
recoverable amounts of the assets w ere measured at the net selling price determined by quotation
from a third-party vendors or at the value in use, and the discount rate used for computation of
present value of future cash flow s w as 5% .
For the year ended M arch 31, 2007, the Company and domestic consolidated subsidiaries
recorded impairment loss of ¥ 46 million ($ 390 thousand) as other expense for certain building and
idle assets due to decline in the market prices. The carrying amounts of these assets w ere w ritten
dow n to the recoverable amount, w hich was measured at the net selling price.
6. Short-term Borrowings and Long-term Debt
Short-term borrow ings at M arch 31, 2007 and 2006 consisted of the follow ing: