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Derivative transactions
Refer to Note 17, “Derivative Financial Instruments”.
2. Financial instruments for which it is extremely difficult to reason-
ably measure the fair value
(In millions of yen)
(In thousands
of U.S. dollars)
March 31,
2011 2010 2011
Non-listed stocks and stocks
of unconsolidated
subsidiaries and affiliates ¥44,309 ¥44,524 $532,884
These financial instruments do not have any quoted market price,
and the future cash flow can not be estimated and it would be
recognized as extremely difficult to reasonably measure the fair
value. Accordingly, these are not included in Investment securities.
3. Maturity profile of the monetary receivables subsequent to
March 31, 2011
(In millions of yen)
March 31, 2011
Bank
deposits
Notes and
accounts
receivable–
trade
Finance
receivables
2012 ¥316,574 ¥105,394 ¥25,495
2013 — 3,615 1,839
2014 — 3,505 6,591
2015 — 365 12,295
2016 — 365 18,542
Thereafter — 1,186 14,215
Total ¥316,574 ¥114,432 ¥78,980
(In thousands of U.S. dollars)
March 31, 2011
Bank
deposits
Notes and
accounts
receivable–
trade
Finance
receivables
2012
$3,807,271 $1,267,524 $306,619
2013
— 43,478 22,119
2014
— 42,163 79,274
2015
— 4,391 147,872
2016
— 4,391 223,004
Thereafter
— 14,273 170,965
Total
$3,807,271 $1,376,223 $949,854
4. Maturity profile of the long-term loans payable subsequent to
March 31, 2011
Refer to Note 8 “Short-term Loans payable, Long-term Debt and
Lease Obligations”.
(Additional information)
Effective from the year ended March 31, 2010, MMC has adopted
the “Accounting Standard for Financial Instruments” (ASBJ
Statement No. 10, issued on March 10, 2008) and the “Guidance
on Disclosures about Fair Value of Financial Instruments” (ASBJ
Guidance No. 19, issued on March 10, 2008).
17. Derivative Financial Instruments
Summarized below are the notional amounts and the estimated fair
values (based on the prices provided by counterparty financial insti-
tutions) of the derivative positions at March 31, 2011 and 2010:
(a) Derivative transactions that are not subject to hedge accounting
Forward foreign exchange contracts and cross currency swaps
(In millions of yen)
March 31, 2011
Notional
amount
Due more
than 1 year Fair value Unrealized
gain (loss)
Forward foreign
exchange contracts:
Sell:
US $ ¥ 1,243 ¥— ¥ 1 ¥ 1
Japanese ¥ 103,993 — 1,417 1,417
Buy:
Thai 5,542 — 56 56
Japanese ¥ 407 — (6) (6)
Cross currency
swaps:
Sell:
Japanese ¥ 17,847 — 891 891
Total ¥ — ¥— ¥2,361 ¥2,361
MITSUBISHI MOTORS CORPORATION
Annual Report 2011
52