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8 IMPAIRMENT OF LONG-LIVED ASSETS
For the purpose of reviewing for impairment, assets are generally grouped by company; however, idle assets and
assets for rent are individually reviewed for impairment.
For the years ended March 31, 2011 and 2010, the Domestic Companies recognized an impairment loss of
¥2,387 million ($28,759 thousand) and ¥2,123 million, respectively, on idle assets.
In addition, for the years ended March 31, 2011 and 2010, a consolidated foreign subsidiary in the United States
reduced the carrying value of its leased property held for use in production, resulting in an impairment loss of ¥1,029
million ($12,398 thousand) and ¥372 million, respectively, in the consolidated statement of operations.
As a result, the total impairment loss that was recognized in the consolidated statement of operations for the
years ended March 31, 2011 and 2010 amounted to ¥3,416 million ($41,157 thousand) and ¥2,495 million, respec-
tively.
9 SHORT-TERM DEBT AND LONG-TERM DEBT
Short-term debt as of March 31, 2011 and 2010 consisted of loans, principally from banks with interest averaging
1.42% and 1.26% for the respective years.
Long-term debt as of March 31, 2011 and 2010 consisted of the following:
Millions of yen
Thousands of
U.S. dollars
As of March 31 2011 2010 2011
Domestic unsecured bonds due serially 2011 through 2016
at rates of 0.56% to 1.87% per annum ¥ 115,850(a) ¥ 95,950 $ 1,395,783 
Loans principally from banks:
Secured loans, maturing through 2020 63,146  67,870 760,795 
Unsecured loans, maturing through 2020 410,278  431,587 4,943,108 
Lease obligations, maturing through 2018 24,279  45,885 292,518 
613,553  641,292 7,392,205 
Amount due within one year (125,804) (85,009) (1,515,711)
¥ 487,749  ¥556,283 $ 5,876,494 
(a) As of March 31, 2011, certain of these unsecured bonds amounting to ¥850 million ($10,241 thousand) are bank-guaranteed under the condition that
assets are pledged to the bank as collateral by the issuer of the bonds.
The annual interest rates applicable to long-term loans and lease obligations outstanding averaged 1.42% and
3.23%, respectively, for obligations due within one year and 1.55% and 3.30%, respectively, for obligations due after
one year at March 31, 2011.
The annual interest rates applicable to long-term loans and lease obligations outstanding averaged 1.50% and
2.80%, respectively, for obligations due within one year and 1.70% and 3.24%, respectively, for obligations due after
one year at March 31, 2010.
As is customary in Japan, general agreements with banks include provisions that security and guarantees will be
provided if requested by banks. Banks have the right to offset cash deposited with them against any debt or obliga-
tion that becomes due and, in the case of default or certain other specified events, against all debts payable to
banks.
The annual maturities of long-term debt at March 31, 2011 were as follows:
Year ending March 31 Millions of yen
Thousands of
U.S. dollars
2012 ¥125,804 $1,515,711
2013 89,521 1,078,566
2014 96,542 1,163,157
2015 78,699 948,181
2016 76,275 918,976
Thereafter 146,712 1,767,614
¥613,553 $7,392,205
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
64 Mazda Annual Report 201 1