Brother International 2010 Annual Report Download - page 37

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Obligations under finance leases and operating leases:
Millions of Yen
Thousands of
U.S. Dollars
2010 2009 2010
Finance leases:
Due within one year ¥ 4,816 ¥53$ 51,785
Due after one year 4,492 20 48,301
Total ¥ 9,308 ¥73$ 100,086
Operating leases:
Due within one year ¥ 1,454 ¥ 1,237 $ 15,634
Due after one year 4,226 4,336 45,441
Total ¥ 5,680 ¥ 5,573 $ 61,075
Sublease obligations included in the above table:
Millions of Yen
Thousands of
U.S. Dollars
2010 2009 2010
Finance leases:
Due within one year ¥ 2,624 ¥48$ 28,215
Due after one year 2,105 19 22,634
Total ¥ 4,729 ¥67$ 50,849
Depreciation expense, which was computed by the straight-line method and not reflected in the accompanying consolidated statements of
income, was ¥1,380 million ($14,839 thousand) and ¥16 million for the years ended March 31, 2010 and 2009, respectively.
The imputed interest expense portion for the year ended March 31, 2010 was ¥139 million ($1,495 thousand).
The amount of obligations under finance leases for the year ended March 31, 2009 included the imputed interest expense portion.
(As lessor)
As discussed in Note 2(11), the Group accounts for leases which existed at the transition date and do not transfer ownership of the leased property
to the lessee as operating lease transactions.
Expected revenues from such finance leases that existed at the transition date and were accounted for as operating leases at March 31, 2010 and
2009 were as follows:
Millions of Yen
Thousands of
U.S. Dollars
2010 2009 2010
Finance leases:
Due within one year ¥ 2,630 ¥55$ 28,280
Due after one year 2,105 21 22,634
Total ¥ 4,735 ¥76$ 50,914
Operating leases:
Due within one year ¥97¥1$ 1,043
Due after one year 180 01,935
Total ¥ 277 ¥1$ 2,978
Sublease revenues included in the above table at March 31, 2010 and 2009 were as follows:
Millions of Yen
Thousands of
U.S. Dollars
2010 2009 2010
Finance leases:
Due within one year ¥ 2,630 ¥55$ 28,280
Due after one year 2,105 21 22,634
Total ¥ 4,735 ¥76$ 50,914
35Brother Annual Report 2010