Brother International 2014 Annual Report Download - page 40

Download and view the complete annual report

Please find page 40 of the 2014 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 67

  • 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
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67

39
Brother Industries, Ltd. and Consolidated Subsidiaries
Year ended March 31, 2014 8. Short-term Borrowings and Long-term Debt
Short-term borrowings at March 31, 2014 and 2013 consisted of the following:
Millions of Yen
Thousands of
U.S. Dollars
2014 2013 2014
Loans principally from banks with weighted-average interest rate of 0.97% (0.74% in 2013) ¥ 1,467 ¥ 6,525 $ 14,243
Long-term debt at March 31, 2014 and 2013 consisted of the following:
Millions of Yen
Thousands of
U.S. Dollars
2014 2013 2014
Unsecured loans from a bank, due 2020 with interest rates ranging from 0.39 to 1.73% (from 0.39 to 1.73 % in 2013)
¥ 12,900 ¥ 12,700 $ 125,243
Lease obligations 3,020 3,450 29,320
Total 15,920 16,150 154,563
Less current portion (1,043) (909) (10,126)
Long-term debt, less current portion ¥ 14,877 ¥ 15,241 $ 144,437
Annual maturities of long-term debt at March 31, 2014 were as follows:
Years Ending March 31 Millions of Yen
Thousands of
U.S. Dollars
2015 ¥ 1,043 $ 10,126
2016 12,965 125,874
2017 598 5,806
2018 585 5,679
2019 and thereafter 729 7,078
Total ¥ 15,920 $ 154,563
Notes to Consolidated Financial Statements