Omron 2001 Annual Report Download - page 37

Download and view the complete annual report

Please find page 37 of the 2001 Omron annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 52

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52

5. Bank Loans and
Long-Term Debt
Thousands of U.S. dollars
2001
Gross Gross
unrealized unrealized Fair
Cost (*) gains losses value
Available-for-sale securities:
Short-term investments:
Debt securities............................................................. $ — $ — $ — $ —
Equity securities........................................................... ————
Total short-term investments .......................................... ————
Marketable investment securities:
Debt securities............................................................. 161 — — 161
Equity securities........................................................... 349,936 126,177 (61,468) 414,645
Total marketable investment securities........................... 350,097 126,177 (61,468) 414,806
Total available-for-sale securities.................................... $350,097 $126,177 $(61,468) $414,806
(*)Cost represents amortized cost for debt securities and acquisition cost for equity securities.
Net unrealized holding gains on available-for-sale securities, net of related taxes, decreased by ¥10,213 million
($82,363 thousand) for the year ended March 31, 2001 and increased by ¥8,750 million for the year ended March
31, 2000. Debt securities classified as available-for-sale investment securities mature in various amounts through
2003.
Proceeds from sales of available-for-sale securities were ¥9,372 million ($75,581 thousand), ¥31,964 million
and ¥26,478 million for the years ended March 31, 2001, 2000 and 1999, respectively.
Gross realized gains on those sales were ¥3,579 million ($28,863 thousand), ¥3,456 million and ¥3,001 million
for the years ended March 31, 2001, 2000 and 1999, respectively.
Gross realized losses on those sales were ¥8 million ($63 thousand), ¥867 million and ¥1,275 million for the
years ended March 31, 2001, 2000 and 1999, respectively.
The weighted average annual interest rates of short-term bank loans at March 31, 2001 and 2000 were 2.9%
and 3.5%, respectively.
Long-term debt at March 31 consisted of the following:
Thousands of
Millions of yen U.S. dollars
2001 2000 2001
Unsecured debt:
Convertible bonds at 1.7%, due in 2004..................................................... ¥29,735 ¥29,735 $239,798
Loans from banks and other financial institutions,
generally at 0.9% to 6.0%, due serially through 2005 .............................. 26,415 29,199 213,024
Other................................................................................................................ 2,147 296 17,315
Total............................................................................................................. 58,297 59,230 470,137
Less portion due within one year .................................................................... 26,340 1,262 212,419
Long-term debt, less current portion .............................................................. ¥31,957 ¥57,968 $257,718
The annual maturities of long-term debt outstanding at March 31, 2001 were as follows:
Thousands of
Years ending March 31 Millions of yen U.S. dollars
2002 ............................................................................................................................. ¥26,340 $212,419
2003 ............................................................................................................................. 1,207 9,734
2004 ............................................................................................................................. 528 4,258
2005 ............................................................................................................................. 29,941 241,460
2006 ............................................................................................................................. 129 1,040
2007 and thereafter...................................................................................................... 152 1,226
Total ............................................................................................................................. ¥58,297 $470,137
Omron Corporation 35