Nissan 2004 Annual Report Download - page 73

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Nissan Annual Report 2003 71
2) Interest-related transactions
Millions of yen Thousands of U.S. dollars
Notional Fair Unrealized Notional Fair Unrealized
Fiscal year 2003 (As of Mar. 31, 2004) amount value gain (loss) amount value gain (loss)
Interest rate swaps:
Receive/floating and pay/fixed...................................... ¥187,454 ¥ (851) ¥ (851)
$
1,768,434
$
(8,028)
$
(8,028)
Receive/fixed and pay/floating...................................... 186,223 4,398 4,398 1,756,821 41,490 41,490
Receive/floating and pay/floating................................. –– – –– –
Options:
Caps sold........................................................................... ¥445,376
$
4,201,660
(Premium)........................................................................... (–) (4,219) (4,219) (–) (39,802) (39,802)
Caps purchased............................................................... ¥445,376
$
4,201,660
(Premium)........................................................................... (–) 4,219 4,219 (–) 39,802 39,802
Total ........................................................................................ ––¥3,547 – –
$
33,462
Millions of yen
Notional Fair Unrealized
Fiscal year 2002 (As of Mar. 31, 2003) amount value gain (loss)
Interest rate swaps:
Receive/floating and pay/fixed...................................... ¥187,187 ¥(2,095) ¥(2,095)
Receive/fixed and pay/floating...................................... 262,154 7,247 7,247
Receive/floating and pay/floating................................. 2,500 (30) (30)
Options:
Caps sold........................................................................... ¥461,860
(Premium)........................................................................... –(4,605) (4,605)
Caps purchased............................................................... ¥461,860
(Premium)........................................................................... –4,605 4,605
Total ........................................................................................ ––¥ 5,122
Note: The notional amounts of the interest rate swaps and options presented above exclude those for which the deferral hedge accounting has been
applied.