Konica Minolta 2005 Annual Report Download - page 52

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50
The derivative instruments as of March 31, 2005 and 2004 are summarized as follows:
(1) Currency-Related Derivatives
Millions of yen Thousands of U.S. dollars
2005 2004 2005
Contract value Contract value Contract value
(notional (notional (notional
principal Fair Unrealized principal Fair Unrealized principal Fair Unrealized
amount) value gain (loss) amount) value gain (loss) amount) value gain (loss)
Forward foreign currency
exchange contracts:
To sell foreign currencies:
US$ ¥39,233 ¥40,358 ¥(1,124) ¥20,091 ¥19,664 ¥ 426 $365,332 $375,808 $(10,467)
EURO 28,960 29,268 (308) 29,709 28,505 1,204 269,671 272,539 (2,868)
Other 1,075 1,082 (7) 489 483 5 10,010 10,075 (65)
Total ¥69,269 ¥70,710 ¥(1,440) ¥50,289 ¥48,652 ¥1,635 $645,023 $658,441 $(13,409)
To buy foreign currencies:
US$ ¥ 4,342 ¥ 4,515 ¥ 173 ¥3¥3¥0$ 40,432 $ 42,043 $ 1,611
EURO 614 622 7 671 679 7 5,717 5,792 65
Other 127 123 (3) 967 886 (81) 1,183 1,145 (28)
Total ¥ 5,084 ¥ 5,261 ¥ 177 ¥ 1,641 ¥ 1,568 ¥ (74) $ 47,341 $ 48,990 $ 1,648
Notes: 1. Fair value is calculated based on the forward foreign currency exchange rates prevailing as of March 31, 2005 and 2004,
respectively.
2. Derivative instruments with hedge accounting applied are excluded from the above table.
(2) Interest-Rate-Related Derivatives
Millions of yen Thousands of U.S. dollars
2005 2004 2005
Contract value Contract value Contract value
(notional (notional (notional
principal Fair Unrealized principal Fair Unrealized principal Fair Unrealized
amount) value gain (loss) amount) value gain (loss) amount) value gain (loss)
Interest-rate swaps:
Receive fixed, pay floating ¥— ¥— ¥— ¥1,056 ¥(51) ¥(51) $— $— $—
Pay fixed, receive floating 6,943 (36) (36) ———64,652 (335) (335)
Total ¥6,943 ¥(36) ¥(36) ¥1,056 ¥(51) ¥(51) $64,652 $(335) $(335)
Notes: 1. Fair value is provided by the financial institutions with whom the derivative contracts were transacted.
2. Derivative transactions with hedge accounting applied are excluded from the above table.
3. Contract value (notional principal amount) does not show the size of the risks of interest-rate swaps.