Nissan 2007 Annual Report Download - page 72

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Summarized below are the notional amounts and the estimated fair value of the derivative instruments outstanding at March 31, 2007 and 2006:
1) Currency-related transactions
Millions of yen Thousands of U.S. dollars
Notional Unrealized Notional Unrealized
Fiscal year 2006 (As of Mar. 31, 2007) amount Fair value gain (loss) amount Fair value gain (loss)
Forward foreign exchange contracts
Sell:
USD .......................................................................................................................... ¥12,849 ¥12,928 ¥ (79) $108,890 $109,559 $ (669)
EUR........................................................................................................................... 1,064 1,080 (16) 9,017 9,153 (136)
ZAR........................................................................................................................... 695 694 1 5,890 5,881 9
GBP .......................................................................................................................... 22 22 0 186 186 0
Others ..................................................................................................................... 12 12 0 102 102 0
Buy:
EUR........................................................................................................................... 757 763 6 6,415 6,466 51
USD .......................................................................................................................... 3,483 3,477 (6) 29,517 29,466 (51)
Others ..................................................................................................................... 10 10 0 85 85 0
Currency swaps:
EUR........................................................................................................................... ¥59,657 ¥ (269) ¥(269) $505,568 $ (2,280) $(2,280)
USD .......................................................................................................................... 20,816 424 424 176,407 3,593 3,593
AUD.......................................................................................................................... 1,291 (29) (29) 10,941 (246) (246)
CAD .......................................................................................................................... 4,353 (42) (42) 36,890 (356) (356)
THB........................................................................................................................... 25,513 (81) (81) 216,212 (686) (686)
Total ...................................................................................................................................... — — ¥ (91) — — $ (771)
Millions of yen
Notional Unrealized
Fiscal year 2005 (As of Mar. 31, 2006) amount Fair value gain (loss)
Forward foreign exchange contracts
Sell:
USD .......................................................................................................................... ¥ 8,326 ¥ 8,523 ¥ (197)
EUR........................................................................................................................... 1,117 1,134 (17)
ZAR........................................................................................................................... 668 717 (49)
GBP .......................................................................................................................... 9 9 —
Others ..................................................................................................................... 33 32 1
Buy:
EUR........................................................................................................................... 876 828 (48)
USD .......................................................................................................................... 3,078 3,082 4
Others ..................................................................................................................... 174 168 (6)
Currency swaps:
EUR........................................................................................................................... ¥105,906 ¥ (253) ¥ (253)
GBP .......................................................................................................................... 16,771 (16) (16)
USD .......................................................................................................................... 37,049 422 422
AUD.......................................................................................................................... 39,199 (605) (605)
HKD.......................................................................................................................... 5,222 100 100
CAD .......................................................................................................................... 4,106 (1,120) (1,120)
ZAR........................................................................................................................... 2,450 (27) (27)
Total ...................................................................................................................................... — — ¥(1,811)
Note: The notional amounts of the forward foreign exchange contracts and currency swaps presented above exclude those entered into to hedge
receivables and payables denominated in foreign currencies which have been translated and are reflected at their corresponding contracted
rates in the accompanying consolidated balance sheets.
Nissan Annual Report 2006-2007
70
»FINANCIAL SECTION