Nissan 2006 Annual Report Download - page 81

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2) Interest-related transactions
Millions of yen Thousands of U.S. dollars
Notional Unrealized Notional Unrealized
Fiscal year 2005 (As of Mar. 31, 2006) amount Fair value gain (loss) amount Fair value gain (loss)
Interest rate swaps:
Receive/floating and pay/fixed........................................................... ¥127,717 ¥ 640 ¥ 640 $1,091,598 $ 5,470 $ 5,470
Receive/fixed and pay/floating........................................................... 239,000 757 757 2,042,735 6,470 6,470
Options:
Caps sold................................................................................................................ ¥515,208 $4,403,487
(Premium).............................................................................................................. (—) (5,823) (5,823) (—) (49,769) (49,769)
Caps purchased................................................................................................ 515,208 4,403,487
(Premium).............................................................................................................. (—) 5,823 5,823 (—) 49,769 49,769
Total..................................................................................................................................... — — ¥1,397 — — $11,940
Millions of yen
Notional Unrealized
Fiscal year 2004 (As of Mar. 31, 2005) amount Fair value gain (loss)
Interest rate swaps:
Receive/floating and pay/fixed........................................................... ¥185,695 ¥2,774 ¥2,774
Receive/fixed and pay/floating........................................................... 192,885 3,287 3,287
Options:
Caps sold................................................................................................................ ¥441,875
(Premium).............................................................................................................. (—) (7,289) (7,289)
Caps purchased................................................................................................ 441,875
(Premium).............................................................................................................. (—) 7,289 7,289
Total..................................................................................................................................... — — ¥6,061
Note: The notional amounts of the interest rate swaps and options presented above exclude those for which the deferral hedge accounting has been
applied.
Nissan Annual Report 2005 79
FINANCIAL SECTION