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Dividends paid
Resolution Class of shares
Amount of
dividends paid
(Millions of yen)
Dividends
per share
(Yen) Record date Effective date
General Shareholders' Meeting (June 29, 2010) ....................................... Common Stock ¥4,049 ¥15.00 March 31, 2010 June 30, 2010
Resolution Class of shares
Amount of
dividends paid
(Millions of yen)
Dividends
per share
(Yen) Record date Effective date
General Shareholders' Meeting (November 5, 2010) ................................. Common Stock ¥4,050 ¥15.00 September 30, 2010 December 3, 2010
There were dividends whose record date is in the year ended March 31, 2011 but whose effective date is in the year ended March 31, 2012.
Resolution Class of shares
Amount of
dividends paid
(Millions of yen) Funds of distribution
Dividends
per share
(Yen) Record date Effective date
General Shareholders' Meeting (June 29, 2011) ....................... Common Stock ¥4,004 Retained earnings ¥15.00 March 31, 2011 June 30, 2011
Other
As dividends were already paid in accordance with the procedures based on the resolution by the General Meeting of Shareholders and the Board of Directors, the amount of retained
earnings was determined after subtracting the dividends.
15. CONTINGENT LIABILITIES
The Company and its consolidated subsidiaries were contingently liable for notes and bills discounted of ¥357 million ($4,463 thousand) and ¥753 million as of March 31, 2012 and
2011, respectively. The Company and its consolidated subsidiaries were also contingently liable as guarantors of borrowings, primarily for housing loans to employees, amounting to
¥122 million ($1,525 thousand) and ¥176 million, respectively, and as guarantors of borrowings from banks to third parties, amounting to ¥2,204 million ($27,550 thousand) and
¥157 million, respectively as of March 31, 2012 and 2011.
16. PLEDGED ASSETS
The following assets were pledged as collateral for long-term debt, current maturities of long-term debt and short-term borrowings as of March 31, 2012 and 2011:
Millions of yen
Thousands of
U.S. dollars
2012 2011 2012
Cash and deposits ...................................................................................................................................................... ¥ 2,090 ¥ 181 $ 26,125
Notes and accounts receivable..................................................................................................................................... —1,004 —
Lease receivables and leased investment assets ........................................................................................................... 7,797 6,894 97,463
Inventories .................................................................................................................................................................. —250 —
Buildings and structures .............................................................................................................................................. 1,077 1,409 13,463
Machinery and equipment ........................................................................................................................................... 307 358 3,838
Other assets ............................................................................................................................................................... 2,970 4,497 37,124
¥ 14,241 ¥ 14,593 $ 178,013
The obligations secured by such collateral were as follows:
Millions of yen
Thousands of
U.S. dollars
2012 2011 2012
Long-term debt ........................................................................................................................................................... ¥ 3,115 ¥ 4,796 $ 38,938
Current maturities of long-term debt ............................................................................................................................ 118 119 1,475
Short-term borrowings ................................................................................................................................................ 7,797 7,582 97,462
¥ 11,030 ¥ 12,497 $ 137,875
OLYMPUS 󱚈 Annual Report 2012 85