Canon 2002 Annual Report Download - page 61

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59
(9) Short-term Loans and Long-term Debt
Short-term loans consisted of the following:
Thousands of
Millions of yen U.S. dollars
2002 2001 2002
Bank borrowings ¥47,742 62,103 $ 397,850
Acceptances payable by foreign subsidiaries 684,253 50
Long-term debt due within one year 19,006 53,748 158,383
¥66,754 200,104 $ 556,283
The weighted average interest rates on short-term loans
outstanding at December 31, 2002 and 2001 were 2.58% and
2.76%, respectively.
At December 31, 2002, unused short-term credit facilities
for issuance of commercial paper amounted to ¥59,950 million
($499,583 thousand).
A substantial portion of the acceptances payable by foreign
subsidiaries was secured by the subsidiaries’ inventories and
trade receivables.
Long-term debt consisted of the following:
Thousands of
Millions of yen U.S. dollars
2002 2001 2002
Loans, principally from banks, maturing in installments through 2030;
bearing weighted average interest of 2.09% and 3.93% at December 31,
2002 and 2001, respectively, partially secured by mortgage of property,
plant and equipment ¥30,324 37,850 $ 252,700
2-1/20% Japanese yen notes, due 2002 —5,000 —
2-3/5% Japanese yen notes, due 2002 —20,479 —
1-7/50% Japanese yen notes, due 2002 —2,000 —
1-3/5% Japanese yen notes, due 2002 —10,000 —
2-3/10% Japanese yen notes, due 2003 5,000 5,000 41,667
1-53/100% Japanese yen notes, due 2003 5,000 5,000 41,667
2-23/40% Japanese yen notes, due 2004 10,000 10,000 83,333
2-1/40% Japanese yen notes, due 2004 10,000 10,000 83,333
1-22/25% Japanese yen notes, due 2005 5,000 5,000 41,667
2-19/20% Japanese yen notes, due 2007 10,000 10,000 83,333
2-27/100% Japanese yen notes, due 2008 10,000 10,000 83,333
1% Japanese yen convertible debentures, due 2002 —3,825 —
1-2/10% Japanese yen convertible debentures, due 2005 5,149 5,172 42,908
1-3/10% Japanese yen convertible debentures, due 2008 9,882 9,948 82,350
100,355 149,274 836,291
Less amount due within one year 19,006 53,748 158,383
¥81,349 95,526 $ 677,908