Nikon 2004 Annual Report Download - page 37

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35
Derivatives which qualified for hedge accounting and related amounts were included with the associated assets and liabilities, and were
excluded from disclosure of market value information in the preceding table.
14. CONTINGENT LIABILITIES
Contingent liabilities at March 31, 2004 were as follows:
As the endorser of trade notes receivable discounted with banks
As the guarantor for bank loans and indebtedness, principally of employees,
unconsolidated subsidiaries and associated companies
Total
Thousands of
U.S. Dollars
2004
$971
64,705
$65,676
2004
¥103
6,838
¥6,941
Millions of Yen
Foreign exchange forward contracts :
Selling JPY
Selling USD
Selling EUR
Buying JPY
Buying USD
Buying EUR
Total
Interest rate swaps :
(fixed rate receipt, floating rate payment)
(fixed rate payment, floating rate receipt)
Total
Net
Unrealized
Gain (Loss)
¥(54)
(39)
(368)
243
(8)
(4)
(230)
¥861
(772)
¥89
Fair Value
¥7,430
6,819
20,342
11,491
541
1,671
¥861
(772)
¥89
Contract or
Notional
Amount
¥7,376
6,780
19,974
11,248
549
1,675
¥20,000
10,000
¥30,000
Millions of Yen
2003
15. NET INCOME PER SHARE
Reconciliation of the differences between basic and diluted net income per share (“EPS”) for the year ended March 31, 2004 is as follows:
For the year ended March 31, 2004:
Basic EPS
Net income available to common shareholders
Effect of Dilutive Securities
Warrants
Convertible bonds
Diluted EPS
Net income for computation
Yen
¥6.52
¥6.02
EPS
Thousands of shares
Weighted average
Shares
369,361
40
30,935
400,336
Yen in millions
Net income
¥2,410
¥2,410
U.S.Dollars
$0.062
$0.057