Nikon 2004 Annual Report Download - page 31

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29
5. INVENTORIES
Inventories at March 31, 2004 and 2003 consisted of the following:
Finished and semi-finished products
Work in process
Raw materials and supplies
Total
Thousands of
U.S. Dollars
2004
$1,030,671
1,060,058
156,469
$2,247,198
2003
¥114,361
96,845
15,421
¥226,627
2004
¥108,932
112,037
16,537
¥237,506
Millions of Yen
6. SHORT-TERM BORROWINGS AND LONG-TERM DEBT
Short-term borrowings at March 31, 2004 and 2003 consisted of the following:
Short-term loans, principally from banks:
2004: 0.3675%-6.5000%
2003: 0.3759%-5.5000%
Commercial paper:
2003: 0.0390%-0.0492%
Total
Thousands of
U.S. Dollars
2004
$415,538
$415,538
2003
¥46,845
13,000
¥59,845
2004
¥43,918
¥43,918
Millions of Yen
Long-term debt at March 31, 2004 and 2003 consisted of the following:
Loans, principally from banks and insurance companies:
2004: 0.50%-5.510% due 2004-2011
2003: 0.72%-6.250% due 2003-2007
Bonds
Total
Less: Current portion
Long-term debt, less current portion
Thousands of
U.S. Dollars
2004
$105,000
1,565,900
1,670,900
(120,416)
$1,550,484
2003
¥10,017
151,000
161,017
(22,208)
¥138,809
2004
¥11,098
165,500
176,598
(12,727)
¥163,871
Millions of Yen
The following was a summary of the terms of bonds which the Company may at any time purchase at any price in the open market or
otherwise. The bonds purchased or otherwise acquired by the Company may be held or resold or, at the discretion of the Company, may be
canceled (together with any unmatured coupons attached thereto or purchased therewith).
Issued in Maturity
2.45% Yen Unsecured Bonds March, 1997 March, 2004
2.7% Yen Unsecured Bonds June, 1997 June, 2003
2.5% Yen Unsecured Bonds November, 1997 November, 2007
2.575% Yen Unsecured Bonds April, 1998 April, 2005
1.76% Yen Unsecured Bonds August, 1999 August, 2004
1.0% Yen Unsecured Bonds April, 2001 April, 2006
1.3% Yen Unsecured Bonds December, 2001 December, 2006
1.7% Yen Unsecured Bonds December, 2001 December, 2008
1.15% Yen Unsecured Bonds February, 2003 February, 2008
1.4% Yen Unsecured Bonds February, 2003 February, 2010
Yen Zero Coupon Convertible Bond June, 2002 March, 2007
Yen Zero Coupon Convertible Bond March, 2004 March, 2011
Total
Thousands of
U.S. Dollars
2004
$94,616
94,616
94,616
94,616
94,616
47,309
94,616
94,616
529,852
326,427
$1,565,900
2003
¥10,000
10,000
10,000
10,000
10,000
10,000
10,000
5,000
10,000
10,000
56,000
¥151,000
2004
¥10,000
10,000
10,000
10,000
10,000
5,000
10,000
10,000
56,000
34,500
¥165,500
Millions of Yen