Honda 2011 Annual Report Download - page 58

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Finance Subsidiaries–Receivables
2010 2011
Yen (millions) Yen (millions)
Expected maturity date Average
Fair Within 1-2 2-3 3-4 4-5 Fair interest
Total value Total 1 year year year year year Thereafter value rate
Direct financing leases
*
1
JP¥ ¥ 29,401
*
¥ 31,329 14,512 8,591 4,819 2,344 1,063 —
*
4.39%
US$ 7,349
*
— — — — — — —
*
—
Other 412,709
*
330,807 116,559 99,741 63,982 48,781 1,744 —
*
2.83%
Total—Direct financing leases ¥ 449,459
*
¥ 362,136 131,071 108,332 68,801 51,125 2,807 —
*
Other finance
subsidiaries–receivables:
JP¥ ¥ 456,525 449,776 ¥ 500,213 160,317 123,363 93,468 61,286 39,444 22,335 505,615 4.39%
US$ 2,504,187 2,536,110 2,554,404 926,042 626,043 476,240 323,853 160,972 41,254 2,588,307 4.81%
Other 617,507 625,523 615,039 283,393 151,909 99,213 55,871 19,209 5,444 607,296 6.50%
Total—Other finance
subsidiaries–receivables: ¥3,578,219 3,611,409 ¥3,669,656 1,369,752 901,315 668,921 441,010 219,625 69,033 3,701,218
Retained interest in securitizations
*
2 27,555 27,555 — —
Total
*
3 ¥4,055,233 ¥4,031,792
*1 Under U.S. generally accepted accounting principles, disclosure of fair values of direct financing leases is not required.
*2 The retained interest in securitizations is accounted for as “trading” securities and is reported at fair value.
*3 The finance subsidiaries–receivables include finance subsidiaries–receivables included in trade accounts and notes receivables and other assets in the consolidated balance sheets.
Long-Term Debt (including current portion)
2010 2011
Yen (millions) Yen (millions)
Expected maturity date Average
Fair Within 1-2 2-3 3-4 4-5 Fair interest
Total value Total 1 year year year year year Thereafter value rate
Japanese yen bonds ¥ 320,000 323,852 ¥ 320,000 70,000 120,000 40,000 30,000 60,000 — 322,270 1.01%
Japanese yen medium-
term notes (Fixed rate) 151,998 153,250 102,226 33,909 25,306 6,502 6,001 27,507 3,001 102,896 1.35%
Japanese yen medium-
term notes (Floating rate) 114,676 114,599 80,619 16,504 58,614 3,501 — 2,000 — 80,770 0.49%
U.S. dollar medium-
term notes (Fixed rate) 391,272 420,970 451,891 28,967 41,381 141,526 45,521 82,764 111,732 477,827 4.38%
U.S. dollar medium-
term notes (Floating rate) 211,685 213,695 297,285 146,160 89,963 10,014 8,276 42,872 — 299,014 0.98%
Asset-backed notes 311,222 316,596 453,802 239,339 148,699 60,403 5,361 — — 458,794 1.94%
Loans and others—primarily
fixed rate 1,534,478 1,582,083 1,299,872 427,576 310,459 313,575 160,431 84,818 3,013 1,322,989 3.31%
Total ¥3,035,331 3,125,045 ¥3,005,695 962,455 794,422 575,521 255,590 299,961 117,746 3,064,560
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