Isuzu 2013 Annual Report Download - page 33

Annual Report 2013 31
12. Financial Instruments
Financial instruments recognized in the consolidated financial statements for the fiscal year ended March 31, 2013 are as follows. Financial instruments,
whose fair values are not readily available, are not included in the following table.
Millions of yen Thousands of U.S. dollars
(1) Cash and time deposits
(2) Notes and accounts receivable
(3) Investments
(4) Notes and accounts payable
(5) Short-term loans
(6) Accrued expenses
(7) Bonds
(8) Long-term debt
(9) Derivatives
Carrying value
184,764
254,644
48,506
(315,266)
(12,131)
(39,266)
—
(122,541)
(674)
(
Fair value
184,764
254,644
48,506
(315,266)
(12,131)
(39,266)
—
(123,204)
(674)
Difference
—
—
—
—
—
—
—
(663)
—
Carrying value
1,964,531
2,707,5 42
515,751
(3,352,111)
(128,984)
(417,50 8)
—
(1,302,941)
(7, 203)
Fair value
1,964,531
2,707,5 42
515,751
(3,352,111)
(128,984)
(417,50 8)
—
(1,309,990)
(7, 203)
Difference
—
—
—
—
—
—
—
(7,0 49)
—
Because market prices of unlisted equity securities of ¥1,868 million
($19,865 thousands), government and corporate bonds of ¥5 million
($61 thousand), and equity securities of non-consolidated subsidiaries
and affiliates of ¥72,042 millions ($765,999 thousands) are not
readily available, and their future cash flow cannot be estimated. It is
extremely difficult to assume their fair values. Therefore, they are not
included in “(3) Investments” mentioned above.
Thousands of
Millions of yen U.S. dollars
Within one year Within one year
Cash and time deposits ¥ 184,764 $ 1,964,531
Notes and accounts receivable ¥ 254,644 $ 2,707,542
Total ¥ 439,408 $ 4,672,074
The figures in parenthesis indicate those posted in liabilities
The redemption schedule for monetary receivables and marketable
securities with maturity dates after the end of the fiscal year is as
follows:
13. Impairment Loss on Fixed Assets
Impairment loss on fixed assets recognized in the consolidated financial
statements for the fiscal year ended March 31, 2013 is as follows:
Thousands of
Type Millions of yen U.S. dollars
Land
Machinery and equipment
Other
The recoverable amounts of assets are estimated based on the net
amount that those assets could be sold (net selling amount) for land
and buildings. The net selling amount is determined by the appraisal
value based on real estate appraisal standards.
¥ 259
6
0
$ 2,754
73
0
As a general rule, assets were grouped into business assets, idle
assets and assets for rent. Idle assets and assets for rent were
individually grouped by each item. For business assets, idle assets
that were in need for impairment due to the decline in fair value
of land, and business assets to be disposed of, their carrying
values were written down to the recoverable amounts.
Thousands of
Location Usage Type Millions of yen U.S. dollars
Atsugi-shi,
Kanagawa prefecture
Fujisawa-shi,
Kanagawa prefecture
Kyoto-shi,
Kyoto prefecture
Total
Assets
for rent
Idle assets
Idle assets
Land
Machinery,
Buildings and other
Land
$ 2,696
74
57
$ 2,828
¥ 253
7
5
¥ 266
As for business assets that had been decided to be disposed,
impairment loss, if any, is recognized at the point of time when
the decision is made on the disposal.
Breakdown of the impairment loss by asset type is as follows: