Brother International 2010 Annual Report Download - page 44

Download and view the complete annual report

Please find page 44 of the 2010 Brother International annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 52

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52

Notes to Consolidated Financial Statements
Brother Industries, Ltd. and Consolidated Subsidiaries
For the Years ended March 31, 2010 and 2009
The following is the fair value information for foreign currency forward contracts to which hedge accounting is not applied at March 31, 2009.
Foreign currency forward contracts which qualify for hedge accounting are excluded from the information below.
March 31, 2009
Millions of Yen
Contract or Notional
Amount Fair Value
Unrealized
Gain/(Loss)
Forward exchange contracts:
Selling:
U.S. Dollars ¥ 773 ¥ 778 ¥ (5)
Euro 39,955 33,636 6,319
Pound Sterling 3,778 3,793 (15)
Thailand Baht 69 71 (2)
Yen 10,832 10,898 (66)
Mexican Peso 388 397 (9)
Buying:
U.S. Dollars ¥ 539 ¥ 539 ¥ 0
Euro 6,443 6,333 (110)
Pound Sterling 2,554 2,528 (26)
Currency option contracts:
Selling:
Call
Euro ¥ 30,383 ¥ 1,458 ¥ (524)
(Option fee) (934)
Swiss Franc 1,909 13 28
(Option fee) (41)
Buying:
Call
Euro ¥ 1,272 ¥ 45 ¥ 4
(Option fee) (41)
U.S. Dollars 48 1 (3)
(Option fee) (4)
Yen 30,383 678 (256)
(Option fee) (934)
Interest rate swaps: ¥ 14,368 ¥ (584) ¥ (584)
(fixed rate payment, floating rate receipt)
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.
42 Brother Annual Report 2010