Nikon 2011 Annual Report Download - page 44

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42
6. Short-term Borrowings and Long-term Debt
Short-term borrowings at March 31, 2010 and 2011 consisted of the following:
Millions of Yen
Thousands of
U.S. Dollars
2010 2011 2011
Short-term loans, principally from banks:
2010: 0.57350%–4.37400%
2011: 0.50950%–2.42000% ¥14,899 ¥14,972 $180,063
Total ¥14,899 ¥14,972 $180,063
Long-term debt at March 31, 2010 and 2011 consisted of the following:
Millions of Yen
Thousands of
U.S. Dollars
2010 2011 2011
Loans, principally from banks and insurance companies:
2010: 0.7000%–8.5200% due 2010–2016
2011: 0.44625%–1.95250% due 2011–2016 ¥27,003 ¥26,460 $318,220
Obligations under finance leases 7,586 6,043 72,680
Bonds 52,900 40,000 481,060
Total 87,489 72,503 871,960
Less: Current portion (46,381) (4,183) (50,305)
Long-term debt, less current portion ¥41,108 ¥68,320 $821,655
The following is a summary of the terms of bonds which the Company may at any time purchase for any price in the open market
or otherwise acquire. The bonds purchased or otherwise acquired by the Company may be held or resold or, at the discretion of the
Company, may be canceled.
Millions of Yen
Thousands of
U.S. Dollars
Issued in Maturity 2010 2011 2011
Yen Zero Coupon Convertible Bonds March, 2004 March, 2011 ¥32,900
1.3% Yen Unsecured Bonds June, 2009 June, 2014 10,000 ¥10,000 $120,265
1.65% Yen Unsecured Bonds June, 2009 June, 2016 10,000 10,000 120,265
0.996% Yen Unsecured Bonds January, 2011 January, 2018 10,000 120,265
1.434% Yen Unsecured Bonds January, 2011 January, 2021 10,000 120,265
Total ¥52,900 ¥40,000 $481,060
The aggregate annual maturities of long-term debt at March 31, 2011 are as follows:
Year Ending March 31 Millions of Yen
Thousands of
U.S. Dollars
2012 ¥ 4,183 $ 50,305
2013 6,462 77,719
2014 6,002 72,188
2015 10,466 125,865
2016 15,186 182,639
Thereafter 30,204 363,242
Total ¥72,503 $871,958