Canon 2008 Annual Report Download - page 80

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78
D
ece
m
be
r 3
1
M
illions o
f
ye
n
Thousands o
f
U.S.
d
o
ll
ar
s
2008
2007
2008
Loans, principall
y
from banks, maturin
g
in installments throu
g
h 2017;
bearin
g
wei
g
hted avera
g
e interest of 2.93% and 1.80%
at December 31, 2008 and 2007, respectivel
y
¥ 95 ¥ 2
,
99
3
$ 1,044
2
.27% Japanese yen notes,
d
ue 200
8
— 10
,
000 —
1
.30% Japanese
y
en convertible debentures, due 2008 — 1
28
—
Capital lease obli
g
ation
s
13,648 1
0
,
988
149,978
13,743 24,10
9
151,022
Less current
p
ortion (5,320)
(
15,429
)
(58,462)
¥ 8,423 ¥
8
,
680
$ 92,560
Short-term loans consisting of bank borrowings at December 31,
2008 and 2007 were ¥220 million
(
$2,417 thousand
)
and
¥2,888 million, respectivel
y
. The wei
g
hted avera
g
e interest rates
11. Short-Term Loans and Lon
g
-Term Deb
t
on s
h
ort-term
l
oans outstan
d
in
g
at Decem
b
er 31, 2008 an
d
2007 were 6.21% an
d
3.16%, respective
l
y.
Long-term debt consisted of the following
:
The aggregate annual maturities of long-term debt outstanding
at December 31, 2008 were as follows
:
Year ending December 31
:
Millions o
f
ye
n
Thousands o
f
U.S.
d
o
ll
ar
s
2009
¥ 5
,
320 $ 58
,
46
2
20
1
0
4,41
0
4
8
,4
62
2
011 3,005 33,02
2
20
1
2
8
22 9
,
03
3
20
1
3
1
35
1,4
83
T
herea
f
te
r
51 56
0
¥ 13
,
74
3
$ 151
,
02
2
Bot
h
s
h
ort-term an
d
l
on
g
-term
b
an
k
l
oans are ma
d
e un
d
er
genera
l
agreements w
h
ic
h
provi
d
e t
h
at security an
d
guarantees
for present and future indebtedness will be given upon request
o
f
the bank, and that the bank shall have the right to o
ff
set
cash deposits a
g
ainst obli
g
ations that have become due or, in
the event of default, a
g
ainst all obli
g
ations due to the bank
.
D
ece
m
be
r 3
1
M
illions o
f
y
e
n
T
housands o
f
U
.S.
d
o
ll
ars
2008
2007
2008
Notes
¥ 14,544 ¥ 17
,
088 $ 159,824
A
ccou
n
ts
392,202 4
9
7,1
38
4,309,912
¥ 406,746 ¥ 514,226 $ 4,469,736
Trade pa
y
ables are summarized as follows:
12. Trade Pa
y
ables
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (CONTINUED)
CANON INC. AND SUBSIDIARIES