Konica Minolta 2009 Annual Report Download - page 38

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As of March 31, 2008
(1) Other Securities with Quoted Market Values
Millions of yen
Original purchase
value
Market value at the
consolidated
balance sheet date
Unrealized gains
(losses)
Securities for which the amounts in the consolidated balance sheet
exceed the original purchase value
(1) Shares ¥ 9,064 ¥16,515 ¥ 7,450
(2) Bonds 3 5 1
(3) Other 1 1 –
Subtotal ¥ 9,069 ¥16,522 ¥ 7,452
Securities for which the amounts in the consolidated balance sheet
do not exceed the original purchase value
(1) Shares ¥ 9,388 ¥ 6,862 ¥(2,526)
(2) Bonds 21 14 (6)
(3) Other – – –
Subtotal ¥ 9,410 ¥ 6,876 ¥(2,533)
Total ¥18,479 ¥23,399 ¥ 4,919
(2) Other Securities Sold during the Year Ended March 31, 2008
Millions of yen
Sale value Total profit Total loss
Other securities ¥23 ¥20 ¥0
(3) Composition and Amounts on the Consolidated Balance Sheet
of Other Securities without Market Values
Millions of yen
Negotiable deposits ¥33,000
Unlisted stocks 863
6. Short-Term Debt, Long-Term Debt and Lease
Obligations
Short-term debt was principally unsecured and generally represents
bank overdrafts. The amounts as of March 31, 2009 and 2008 were
¥64,980 million ($661,509 thousand) and ¥93,875 million, respec-
tively, and the weighted-average interest rates were approximately
1.8% and 3.4%, respectively.
Long-term debt as of March 31, 2009 and 2008, including current
portion, consisted of the following:
Bonds
Millions of yen
Thousands of
U.S. dollars
March 31 March 31
2009 2008 2009
2.825% unsecured bonds due
in 2008 ¥ – ¥ 5,000 $ –
Zero coupon convertible
unsecured bonds due in 2009 30,066 30,166 306,078
Zero coupon convertible
unsecured bonds due in 2016 40,000 40,000 407,208
¥ 70,066 ¥75,166 $ 713,285
Less—Current portion
included in current liabilities (30,066) (5,000) (306,078)
Bonds, less current portion ¥ 40,000 ¥70,166 $ 407,208
Zero coupon convertible unsecured bonds due in 2009 and 2016
above are bonds with share subscription rights issued on December
7, 2006. Details of the share subscription rights are as follows:
2009 bonds 2016 bonds
Class of stock Common Stock Common Stock
Issue price of shares (Yen) Zero Zero
Initial conversion prices
(Yen/per share) ¥2,175 ¥2,383
Total issue price
(Millions of yen) ¥30,000 ¥40,000
Ratio of granted rights (%) 100 100
Period share subscription
rights can be exercised
From December 21,
2006 to December
1, 2009
From December 21,
2006 to November
22, 2016
Long-term loans
Millions of yen Interest
rate
Thousands of
U.S. dollars
March 31 March 31
2009 2008 2009 2009
Loans principally from
banks, due through
2018 ¥ 95,362 ¥56,983 $ 970,803
Less—Current portion
included in current
liabilities (12,102) (6,363) 1.5% (123,201)
Long-term loans,
less current portion ¥ 83,259 ¥50,620 1.5% $ 847,592
The aggregate annual maturities of long-term loans at March 31,
2009 are as follows: Amount
Millions of yen
Thousands of
U.S. dollars
2010 ¥12,102 $123,201
2011 27,624 281,218
2012 24,575 250,178
2013 18 183
2014 23,010 234,246
Lease obligations
Lease obligations is included in other liabilities.
Millions of yen Interest
rate
Thousands of
U.S. dollars
March 31 March 31
2009 2008 2009 2009
Lease obligations, due
through 2018 ¥ 5,511 ¥ – $ 56,103
Less—Current portion
included in current
liabilities (1,545) –5.7% (15,728)
Lease obligations,
less current portion ¥ 3,965 ¥ – 5.2% $ 40,364
The aggregate annual maturities of long-term lease obligations at
March 31, 2009 are as follows: Amount
Millions of yen
Thousands of
U.S. dollars
2010 ¥1,545 $15,728
2011 1,118 11,381
2012 778 7,920
2013 515 5,243
2014 345 3,512
7. Income Taxes
The income taxes of the Company and its domestic consolidated
subsidiaries consist of corporate income taxes, local inhabitants’
taxes and enterprise taxes.