Mitsubishi 2002 Annual Report Download - page 54

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52
Long-term debt at March 31, 2002 and 2001 consisted of the following:
(In thousands of
(In millions of yen) U.S. dollars)
March 31, 2002 2001 2002
Loans, principally from banks and insurance companies due through
2022 at rates averaged 2.8% in 2002 and 3.8% in 2001:
Secured ¥111,946 ¥115,793 $840,120
Unsecured 145,440 250,037 1,091,482
2.15% bonds due 2001 –13,600 –
1.9% bonds due 2001 –26,100 –
2.25% bonds due 2002 20,000 20,000 150,094
2.4% bonds due 2003 29,500 29,500 221,388
2.7% bonds due 2004 20,000 20,000 150,094
3.1% bonds due 2007 8,700 8,700 65,291
3.3% bonds due 2009 26,400 26,400 198,124
0.4% convertible bonds due 2003 80,094 80,094 601,081
1.7% convertible bonds due 2003 19,200 19,200 144,090
Euro medium-term notes due through 2003 at rates ranging
from 0.5% to 5.1% in 2002 and from 4.3% to 8.1% in 2001 84,521 220,101 634,304
545,801 829,525 4,096,068
Less current portion (256,279) (284,501) (1,923,295)
¥289,522 ¥545,025 $2,172,773
The 0.4% unsecured convertible bonds due 2003 are convertible through March 28, 2003 into shares of common stock of
MMC at ¥887 ($6.66) per share. At March 31, 2002, if all the outstanding convertible bonds had been converted at the cur-
rent conversion price, 90,297 thousand new shares would have been issuable. The conversion price is subject to adjust-
ment in certain cases including stock splits.
The 1.7% unsecured convertible bonds due 2003 are convertible through April 28, 2003 into shares of common stock
of MMC at ¥405 ($3.04) per share. At March 31, 2002, if all the outstanding convertible bonds had been converted at the
current conversion price, 47,407 thousand new shares would have been issuable. The conversion price is subject to adjust-
ment in certain cases including stock splits.
The maturities of long-term debt are summarized as follows:
(In thousands of
Years ending March 31, (In millions of yen) U.S. dollars)
2003 ¥256,279 $1,923,295
2004 114,974 862,844
2005 66,533 499,310
2006 25,135 188,630
2007 15,280 114,672
Thereafter 67,598 507,302
Total ¥545,801 $4,096,068