Konica Minolta 2013 Annual Report Download - page 45

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44
Derivative transactions to which hedge accounting is applied
(1) Currency-Related Derivatives
Method of hedge accounting: Forecast transactions such as forward exchange contracts
Millions of yen Thousands of U.S. dollars
2013 2012 2013
Type of
derivatives transactions Major hedged items
Contract value
(notional principal
amount) Fair value
Contract value
(notional principal
amount) Fair value
Contract value
(notional principal
amount) Fair value
Forward foreign currency exchange contracts:
To sell foreign currencies:
EURO Accounts receivable–trade ...... ¥5,789 ¥103 ¥20,565 ¥(378) $61,552 $1,095
Total ............................................... ¥5,789 ¥103 ¥20,565 ¥(378) $61,552 $1,095
Currency option transactions:
To sell foreign currencies (Call):
EURO Accounts receivable–trade ..... ¥ — ¥ — ¥ 2,200 ¥ 2 $ — $ —
To buy foreign currencies (Put):
EURO Accounts receivable–trade ..... ——2,200 8 ——
Total ............................................... ¥ — ¥ — ¥ 4,400 ¥ 10 $ — $ —
Currency swaps:
Pay US$, receive JPY Long-term debt .................... ¥4,450 ¥ (61) ¥ — ¥ — $47,315 $ (649)
Total ............................................... ¥4,450 ¥ (61) ¥ — ¥ — $47,315 $ (649)
Notes: 1. Fair value is calculated based on the currency forward exchange rates prevailing as of March 31, 2013.
Fair value of currency options is provided by the fi nancial institutions with whom the derivative contracts were entered into and agreed.
2. We do not pay / receive option premium in currency option transactions because of zero cost option.
3. Fair value of currency swaps is provided by the fi nancial institutions with whom the derivative contracts were entered into and agreed.
(2) Interest Rate-Related Derivatives
Method of hedge accounting: Special treatment of interest rate swaps
Millions of yen Thousands of U.S. dollars
2013 2012 2013
Type of
derivatives transactions Major hedged items
Contract value
(notional principal
amount) Fair value
Contract value
(notional principal
amount) Fair value
Contract value
(notional principal
amount) Fair value
Interest rate swaps:
Pay fi xed, receive fl oating Long-term debt ¥ 3,000 ¥(23) ¥23,000 (*) $ 31,898 $(245)
Pay fi xed, receive fl oating Short-term debt and
Current portion of
long-term debt ¥28,608 (*) ¥ — ¥ — $304,179 (*)
(*) As interest rate swaps used to hedge long-term debt, short-term debt and current portion of long-term debt are subject to special accounting treatment under
accounting principles generally accepted in Japan, their fair values are included as a single line item with the hedged underlying liability, long-term debt, short-term
debt, current portion of long-term debt and are not included in the above information.