Nissan 2006 Annual Report Download - page 71

The annual weighted-average interest rates applicable to short-term borrowings except for lease obligations outstanding at March 31, 2006 and
2005 were 2.8% and 2.1%, respectively.
At March 31, 2006 and 2005, long-term debt consisted of the following:
Thousands of
Millions of yen U.S. dollars
2005 2004 2005
As of Mar. 31, 2006 Mar. 31, 2005 Mar. 31, 2006
Debt with collateral:
Loans from banks and other financial institutions due
through 2012 at weighted-average interest rate of 4.1%............................................................. ¥1,583,358 ¥1,351,212 $13,532,974
Debt without collateral:
Loans from banks and other financial institutions due
through 2026 at weighted-average interest rate of 2.2%............................................................. 680,536 658,823 5,816,547
Bonds in yen due through 2010 at rates ranging
from 0.4% to 2.4%.......................................................................................................................................................... 642,980 551,960 5,495,556
Straight bonds in U.S. dollars due through 2011
at rates ranging from 4.6% to 5.6%................................................................................................................. 205,573 80,543 1,757,034
Medium-term notes in U.S. dollars due through 2008
at rates ranging from 4.6% to 5.2%................................................................................................................. 29,711 43,327 253,940
Euro medium-term notes in U.S. dollars and
Euro due through 2006 at rates ranging from 4.1% to 4.7%..................................................... 15,416 13,574 131,761
Other.............................................................................................................................................................................................. 3,346 3,735 28,599
Lease obligations ................................................................................................................................................................ 130,231 154,876 1,113,085
............................................................................................................................................................................................................ 3,291,151 2,858,050 28,129,496
Less current portion................................................................................................................................................................... 1,065,548 894,877 9,107,248
............................................................................................................................................................................................................ ¥2,225,603 ¥1,963,173 $19,022,248
The maturities of long-term debt except for lease obligations are summarized as follows:
Thousands of
Year ending Mar. 31, Millions of yen U.S. dollars
2007............................................................................................................................................................................................................................................... ¥1,007,025 $ 8,607,051
2008............................................................................................................................................................................................................................................... 850,796 7,271,761
2009............................................................................................................................................................................................................................................... 683,711 5,843,684
2010 and thereafter.......................................................................................................................................................................................................... 619,388 5,293,915
............................................................................................................................................................................................................................................................. ¥3,160,920 $27,016,411
The assets pledged as collateral for short-term borrowings of ¥548,342 million ($4,686,684 thousand) and long-term debt of ¥1,583,358
million ($13,532,974 thousand) at March 31, 2006 were as follows:
Thousands of
Millions of yen U.S. dollars
Receivables............................................................................................................................................................................................................................... ¥1,539,492 $13,158,051
Property, plant and equipment, at net book value ..................................................................................................................................... 930,487 7,952,881
Other assets ............................................................................................................................................................................................................................. 1,660 14,188
............................................................................................................................................................................................................................................................. ¥2,471,639 $21,125,120
Nissan Annual Report 2005 69
FINANCIAL SECTION
In addition to the above, at March 31, 2006, finance receivables of ¥106,201 million ($907,701 thousand) which have been eliminated from the
accompanying consolidated balance sheet were pledged as collateral for short-term borrowings of ¥106,092 million ($906,769 thousand).