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Brother Industries, Ltd. and Consolidated Subsidiaries
For the Years ended March 31, 2011 and 2010
32 Brother Annual Report 2011
In addition, the carrying amounts, changes in such balances and market prices of such properties are as follows:
Millions of Yen
Carrying amount Fair value
April 1, 2010 Increase/(Decrease) March 31, 2011 March 31, 2011
¥ 10,053 ¥ (1,256) ¥ 8,797 ¥ 16,862
Millions of Yen
Carrying amount Fair value
April 1, 2009 Increase/(Decrease) March 31, 2010 March 31, 2010
¥ 9,706 ¥ 347 ¥ 10,053 ¥ 19,028
Thousands of U.S. Dollars
Carrying amount Fair value
April 1, 2010 Increase/(Decrease) March 31, 2011 March 31, 2011
$ 121,120 $ (15,132) $ 105,988 $ 203,157
Notes: 1) Carrying amount recognized in balance sheet is net of accumulated depreciation and accumulated impairment losses, if any.
2) Fair value of properties as of March 31, 2011 is mainly measured by the Group in accordance with its Real-estate Appraisal Standard.
8. Short-term Borrowings and Long-term Debt
Short-term borrowings at March 31, 2011 and 2010 consisted of the following:
Millions of Yen
Thousands of
U.S. Dollars
2011 2010 2011
Loans principally from banks with weighted average
interest rates of 0.56%
(0.59% in 2010) ¥ 8,637 ¥ 6,337 $ 104,060
Long-term debt at March 31, 2011 and 2010 consisted of the following:
Millions of Yen
Thousands of
U.S. Dollars
2011 2010 2011
Fourth unsecured 1.68% domestic bonds, due 2012 *1 ¥ 15,000 ¥ 15,000 $ 180,723
Fifth unsecured 1.97% domestic bonds, due 2011 *2 500 500 6,024
Unsecured loans from a bank, due to 2017 with an interest rate of 1.73%
(from 1.06% to 2.80% in 2010) 250 5,107 3,012
Lease obligations 5,978 4,530 72,024
Total 21,728 25,137 261,783
Less: current portion (3,422) (6,952) (41,229)
Long-term debt, less current portion ¥ 18,306 ¥ 18,185 $ 220,554
*1 : Issued by the Company
*2 : Issued by Brother Real Estate, Ltd.
Notes to Consolidated Financial Statements