Nissan 2009 Annual Report Download - page 46

Prior fiscal year Current fiscal year
(As of March 31, 2008) (As of March 31, 2009)
1. *1 Accumulated depreciation of property, plant and equipment
¥4,355,940
The above amount includes accumulated depreciation of
leased assets in the amount of ¥197,954 million.
2. *2 Machinery, equipment and vehicles, net, included certain
items in the amount of ¥1,598,643 million leased to others
under lease agreements.
3. *3 These assets included the following assets pledged as
collateral:
(1) Assets pledged as collateral:
Cash on hand and in banks ¥ 1,993
Trade notes and accounts receivable 2,662
Sales finance receivables 1,230,097
Property, plant and equipment 851,998
Intangible fixed assets 200
Total ¥2,086,950
(2) Liabilities secured by the above collateral:
Short-term borrowings ¥ 602,105
Long-term borrowings 1,073,726
(including the current portion)
Total ¥1,675,831
4. Notes receivable discounted with banks outstanding
as of March 31, 2008 ¥5,473
5. Guarantees and others
(1) Guarantees
Balance of Description of
liabilities liabilities
Guarantees guaranteed guaranteed
Employees * ¥142,926 Guarantees for
employees’
housing loans
and others
196 foreign dealers 36,948 Guarantees for
and loans and
10 other companies others
Total ¥179,874
* Allowance for doubtful accounts is provided for these loans mainly
based on past experience.
(2) Commitments to provide guarantees
Balance of
commitments Description of
to provide liabilities
Guarantees guarantees guaranteed
Hibikinada ¥847 Commitments
Development to provide
Co., Ltd. guarantees
for loans
(3) Outstanding balance of installment receivables sold
with recourse ¥3,470
1. *1 Accumulated depreciation of property, plant and equipment
¥4,182,020
The above amount includes accumulated depreciation of
leased assets in the amount of ¥170,015 million.
2. *2 Machinery, equipment and vehicles, net, included certain
items in the amount of ¥1,353,460 million leased to others
under lease agreements.
3. *3 These assets included the following assets pledged as
collateral:
(1) Assets pledged as collateral:
Cash on hand and in banks ¥ 113
Sales finance receivables 1,197,682
Property, plant and equipment 604,490
Intangible fixed assets 25
Other non-current assets 3,772
Total ¥1,806,082
(2) Liabilities secured by the above collateral:
Short-term borrowings ¥ 343,281
Long-term borrowings 1,078,778
(including the current portion)
Total ¥1,422,059
4. Notes receivable discounted with banks outstanding
as of March 31, 2009 ¥1,834
5. Guarantees and others
(1) Guarantees
Balance of Description of
liabilities liabilities
Guarantees guaranteed guaranteed
Employees * ¥129,326 Guarantees for
employees’
housing loans
and others
17 foreign dealers 2,067 Guarantees for
and loans and
10 other companies others
Total ¥131,393
* Allowance for doubtful accounts is provided for these loans mainly
based on past experience.
(2) Commitments to provide guarantees
Balance of
commitments Description of
to provide liabilities
Guarantees guarantees guaranteed
Hibikinada ¥716 Commitments
Development to provide
Co., Ltd. guarantees
for loans
(Millions of yen)
(For consolidated balance sheets)
44 Nissan Annual Report 2009
Notes to Consolidated Financial Statements >