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30
Isuzu Motors Limited
Financial Section
Since interest rate swaps under the exceptional accounting method are accounted for as an integral part of long-term debt, the hedged item, their fair
values are included in the fair value of the underlying long-term debt.
(2) Interest rate-related
Millions of yen Thousands of U.S. dollars
Hedge accounting Type of derivative Main hedged items
method transactions
Interest rate swaps
Principal accounting Pay fixed receive Long-term debt
method floating
Interest rate swaps Interest rate swaps
under the exceptional Pay fixed receive Long-term debt
accounting method floating
Total
Contract
amount
 
 
—
32,514
32,514
Over one year
 
 
—
28,059
28,059
Fair value
 
—
—
—
Contract
amount
 
—
345,711
345,711
Over one year
 
 
—
298,350
298,350
Fair value
 
—
—
—
2. Derivative transactions for which hedge accounting is applied
(1) Foreign exchange-related
Millions of yen Thousands of U.S. dollars
Hedge accounting Type of derivative Main hedged items
method transactions
Foreign exchange
forward contracts
Principal accounting Buy Accounts payable
method Japanese yen
Sell
U.S. dollar Accounts receivable
Australian dollar
Other currency
Foreign exchange Foreign exchange
forward contracts under forward contracts
the designated hedge Sell Accounts receivable
accounting method U.S. dollar
Australian dollar
Total
Contract
amount
 
 
10,321
 
11,712
5,407
1,116
 
 
1,105
4,299
33,960
Over one year
 
—
—
—
—
—
—
—
Fair value
(136)
 
(375)
(18)
31
 
 
—
—
(498)
Contract
amount
109,745
124,537
57,491
11,866
 
 
11,75 8
45,715
361,113
Over one year
 
—
—
—
—
—
—
Fair value
(1,453)
 
(3,991)
(199)
(329)
 
 
—
—
(5,315)
Since foreign exchange forward contracts under the designated hedge accounting method are accounted for as an integral part of accounts
receivable, the hedged item, their fair values are included in the fair value of the underlying accounts receivables.
11. Derivatives
Derivatives recognized in the consolidated financial statements for the fiscal year ended March 31, 2013 are as follows:
1. Derivative transactions for which hedge accounting is not applied
(1) Foreign exchange-related
Millions of yen Thousands of U.S. dollars
Classification Type of derivative
transactions
Foreign exchange
Non-market forward contracts
transaction Buy
Japanese yen
U.S. dollar
Total
Contract
amount
4,166
1,427
5,594
Over one year
 
—
—
—
Fair value
(200)
23
(177)
Unrealized
gain (loss)
(200)
23
(177)
Contract
amount
44,305
15,179
59,484
Over one year
—
—
—
Fair value
 
(2,133)
245
(1,888)
Unrealized
gain (loss)
(2,133)
245
(1,888)