Honda 2008 Annual Report Download - page 82

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A n n u a l R e p o r t 2 0 0 8
8 0
9. Short-term and Long-term Debt
Short-term debt at March 31, 2007 and 2008 is as follows:
Yen
(millions)
U.S. dollars
(millions)
(note 2)
2007 2008 2008
Short-term bank loans ¥ 311,117 ¥ 415,605 $ 4,148
Medium-term notes 182,355 436,731 4,359
Commercial paper 772,396 834,779 8,332
¥1,265,868 ¥ 1,687,115 $16,839
The weighted average interest rates on short-term debt outstanding at March 31, 2007 and 2008 were 4.00% and 4.36%,
respectively.
Long-term debt at March 31, 2007 and 2008 is as follows:
Yen
(millions)
U.S. dollars
(millions)
(note 2)
2007 2008 2008
Honda Motor Co., Ltd.:
Loans, maturing through 2031:
Unsecured, principally from banks ¥ 516 ¥ 435 $ 4
516 435 4
Subsidiaries:
Loans, maturing through 2030
Secured, principally from banks 18,581 13,614 136
Unsecured, principally from banks 134,949 164,887 1,647
0.47% Japanese yen unsecured bond due 2007 50,000 — —
0.79% Japanese yen unsecured bond due 2008 30,000 30,000 299
0.99% Japanese yen unsecured bond due 2009 30,000 30,000 299
1.14% Japanese yen unsecured bond due 2009 30,000 30,000 299
0.31% Japanese yen unsecured bond due 2010 150 100 1
0.66% Japanese yen unsecured bond due 2010 30,000 30,000 299
0.94% Japanese yen unsecured bond due 2010 30,000 30,000 299
1.30% Japanese yen unsecured bond due 2011 —40,000 399
1.51% Japanese yen unsecured bond due 2011 30,000 30,000 299
1.48% Japanese yen unsecured bond due 2012 —30,000 299
3.65% Thai baht unsecured bond due 2007 7,340 — —
5.32% Thai baht unsecured bond due 2008 3,670 3,180 32
3.82% Thai baht unsecured bond due 2009 —3,180 32
5.46% Thai baht unsecured bond due 2009 5,505 4,770 48
4.20% Thai baht unsecured bond due 2010 —9,540 96
Medium-term notes, maturing through 2023 2,282,138 2,259,434 22,552
Less unamortized discount, net 1,697 1,438 14
2,680,636 2,707,267 27,022
Total long-term debt 2,681,152 2,707,702 27,026
Less current portion 775,409 871,050 8,694
¥1,905,743 ¥ 1,836,652 $18,332