Brother International 2013 Annual Report Download - page 40

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39
Notes to Consolidated Financial Statements
Brother Industries, Ltd. and Consolidated Subsidiaries
Year ended March 31, 2013 9. Short-term Borrowings and Long-term Debt
Short-term borrowings at March 31, 2013 and 2012, consisted of the following:
Millions of Yen
Thousands of
U.S. Dollars
2013 2012 2013
Loans principally from banks with weighted-average interest rate of 0.74% (0.63% in 2012) ¥ 6,525 ¥ 4,467 $ 69,415
Long-term debt at March 31, 2013 and 2012, consisted of the following:
Millions of Yen
Thousands of
U.S. Dollars
2013 2012 2013
Fourth unsecured 1.68% domestic bonds, due 2012 * —¥ 15,000 —
Unsecured loans from a bank, due 2019 with interest rates ranging from 0.39 to 1.73% (1.73 and 1.61% in 2012)
¥ 12,700 500 $ 135,106
Lease obligations 3,450 3,174 36,702
Total 16,150 18,674 171,808
Less current portion (909) (16,363) (9,670)
Long-term debt, less current portion ¥ 15,241 ¥ 2,311 $ 162,138
*Issued by the Company
Annual maturities of long-term debt at March 31, 2013 were as follows:
Years ending March 31 Millions of Yen
Thousands of
U.S. Dollars
2014 ¥ 909 $ 9,670
2015 1,323 14,074
2016 12,618 134,234
2017 413 4,394
2018 and thereafter 887 9,436
Total ¥ 16,150 $ 171,808
The carrying amounts of assets pledged as collateral for other long-term liabilities of ¥52 million ($553 thousand) at March 31, 2013, were as follows:
Millions of Yen
Thousands of
U.S. Dollars
Buildings and structures, net of accumulated depreciation ¥ 202 $ 2,148
Land 123 1,309
Total ¥ 325 $ 3,457