Brother International 2009 Annual Report Download - page 40

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NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
Brother Industries, Ltd. and Consolidated Subsidiaries
For the Years ended March 31, 2009 and 2008
March 31, 2009
Thousands of U.S. Dollars
Contract or Notional
Amount Fair Value
Unrealized
Gain (Loss)
Forward exchange contracts:
Selling:
U.S. Dollars $ 7,888 $ 7,939 $ (51)
Euro 407,704 343,224 64,480
Pound Sterling 38,551 38,704 (153)
Thailand Baht 704 724 (20)
Yen 110,531 111,204 (673)
Mexican Peso 3,959 4,051 (92)
Buying:
U.S. Dollars $ 5,500 $ 5,500 $ 0
Euro 65,745 64,622 (1,123)
Pound Sterling 26,061 25,796 (265)
Currency option contracts
Selling:
Call
Euro $ 310,031 $ 14,878 $ (5,347)
(Option fee) (9,531)
Swiss Franc 19,480 132 286
(Option fee) (418)
Buying:
Call
Euro $ 12,980 $ 459 $ 41
(Option fee) (418)
U.S. Dollars 490 10 (31)
(Option fee) (41)
Yen 310,031 6,918 (2,612)
(Option fee) (9,530)
Interest rate swaps: $ 146,612 $ (5,959) $ (5,959)
(fixed rate payment, floating rate receipt)
Note: Amounts for forward exchange contracts in the column entitled “Fair Value” represent the notional amounts of the contracts at the March 31 forward currency rates.
The contract or notional amounts of derivatives which are shown in the above table do not represent the amounts exchanged by the parties and do not measure the Group’s
exposure to market risk.
38 Brother Annual Report 2009