Epson 2009 Annual Report Download - page 61

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60
Interest rate swap transactions are approved and executed based on the authorization of Epson’s director
responsible for the finance function based on the above-mentioned internal rules and policies. Transactions
are executed and managed by the responsible section in the finance department, and are reported to the
general manager.
The table below lists contract amounts and fair values of derivatives as of March 31, 2008 and 2009, by
transactions and types of instrument, excluding derivatives appropriate for hedge accounting.
Millions of yen
March 31, 2008
Instruments
Contract
amounts Fair values
Unrealized
gains
(losses)
Forward exchange contracts:
Sold -
U.S. dollar (purchased Japanese yen) ¥5,957 ¥5,980 (¥22)
Euro (purchased Japanese yen) 15,896 15,542 354
Australian dollar (purchased Japanese yen) 1,122 1,046 75
U.S. dollar (purchased Euro) 1,218 1,200 17
Euro (purchased Singapore dollar) 106 109 (3)
Australian dollar (purchased Singapore dollar) 8 8 0
Purchased -
U.S. dollar (sold Japanese yen) 64 64 0
Euro (sold Japanese yen) 59 60 0
Sterling pound (sold Singapore dollar) 16 15 (0)
U.S. dollar (sold Taiwan dollar) 211 200 (10)
Total unrealized gains from forward exchange contracts ¥410
Millions of yen
March 31, 2009
Instruments
Contract
amounts Fair values
Unrealized
gains
(losses)
Forward exchange contracts:
Sold -
U.S. dollar (purchased Japanese yen) ¥462 ¥460 ¥1
Euro (purchased Japanese yen) 18,368 17,403 964
Australian dollar (purchased Japanese yen) 849 874 (25)
Euro (purchased Singapore dollar) 71 72 (0)
Australian dollar (purchased Singapore dollar) 1 1 (0)
Purchased -
U.S. dollar (sold Japanese yen) 2,129 2,142 12
Euro (sold Japanese yen) 323 326 2
Sterling pound (sold Singapore dollar) 1 1 0
U.S. dollar (sold Taiwan dollar) 281 293 11
U.S. dollar (sold Korean won) 715 676 (39)
Total unrealized gains from forward exchange contracts ¥928