Nikon 2005 Annual Report Download - page 35

Download and view the complete annual report

Please find page 35 of the 2005 Nikon annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 50

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50

33
Proceeds from sales of available-for-sale securities for the fiscal years ended March 31, 2005 and 2004 were ¥2,356 million ($21,940
thousand) and ¥15,347 million, respectively. Gross realized gains on these sales for the fiscal year ended March 31, 2005 and 2004 were ¥438
million ($4,078 thousand) and ¥3,418 million, respectively. Gross realized losses on these sales for the fiscal years ended March 31, 2005 and
2004 were ¥11 million ($106 thousand) and ¥486 million, respectively.
5. INVENTORIES
Inventories at March 31, 2005 and 2004 consisted of the following:
Finished and semi-finished products
Work in process
Raw materials and supplies
Total
Thousands of
U.S. Dollars
2005
$1,068,306
1,034,007
184,896
$2,287,209
2004
¥108,932
112,037
16,537
¥237,506
2005
¥ 114,725
111,042
19,856
¥ 245,623
Millions of Yen
6. SHORT-TERM BORROWINGS AND LONG-TERM DEBT
Short-term borrowings at March 31, 2005 and 2004 consisted of the following:
Short-term loans, principally from banks:
2005: 0.3694%-4.0000%
2004: 0.3675%-6.5000%
Total
Thousands of
U.S. Dollars
2005
$ 354,926
$ 354,926
2004
¥ 43,918
¥ 43,918
2005
¥ 38,115
¥ 38,115
Millions of Yen
Long-term debt at March 31, 2005 and 2004 consisted of the following:
Loans, principally from banks and insurance companies:
2005: 0.50%-5.510% due 2006-2013
2004: 0.50%-5.510% due 2004-2011
Bonds
Total
Less: Current portion
Long-term debt, less current portion
Thousands of
U.S. Dollars
2005
$ 109,167
1,354,875
1,464,042
(66,024)
$1,398,018
2004
¥ 11,098
165,500
176,598
(12,727)
¥163,871
2005
¥ 11,723
145,500
157,223
(7,090)
¥ 150,133
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
2.5% 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
2005
$ 93,119
93,119
93,119
46,559
93,119
93,119
521,463
321,258
$1,354,875
2004
¥ 10,000
10,000
10,000
10,000
10,000
5,000
10,000
10,000
56,000
34,500
¥165,500
2005
¥ 10,000
10,000
10,000
5,000
10,000
10,000
56,000
34,500
¥ 145,500
Millions of Yen