Omron 2002 Annual Report Download - page 37

Available-for-sale securities are recorded at fair value, with unrealized gains and losses excluded from income
and reported in other comprehensive income (loss), net of tax.
Cost, gross unrealized holding gains and losses and fair value of securities, excluding equity securities with no
public market value, by major security type at March 31 were as follows:
Millions of yen
2002 2001
Gross Gross Gross Gross
unrealized unrealized Fair unrealized unrealized Fair
Cost (*) gains losses value Cost (*) gains losses value
Available-for-sale securities:
Debt securities ............... ¥ 33 ¥ — ¥ — ¥ 33 ¥ 20 ¥ — ¥ — ¥ 20
Equity securities............. 31,185 8,346 (815) 38,716 43,392 15,646 (7,622) 51,416
Total available- for-sale
securities......................... ¥31,218 ¥8,346 ¥(815) ¥38,749 ¥43,412 ¥15,646 ¥(7,622) ¥51,436
Thousands of U.S. dollars
2002
Gross Gross
unrealized unrealized Fair
Cost (*) gains losses value
Available-for-sale securities:
Debt securities ........................................................................ $ 248 $ — $ — $ 248
Equity securities ...................................................................... 234,474 62,752 (6,128) 291,098
Total available-for-sale securities ............................................... $234,722 $62,752 $(6,128) $291,346
*Cost represents amortized cost for debt securities and acquisition cost for equity securities.
Losses on impairment of available-for-sale securities recognized to reflect the decline in market value considered to
be other than temporary were ¥13,845 million ($104,098 thousand), ¥674 million and ¥2,072 million for the years
ended March 31, 2002, 2001 and 2000, respectively.
Net unrealized holding gains on available-for-sale securities, net of related taxes, decreased by ¥286 million ($2,151
thousand) and ¥10,213 million for the years ended March 31, 2002 and 2001, respectively. Debt securities classified as
available-for-sale investment securities mature in various amounts through 2004.
Proceeds from sales of available-for-sale securities were ¥2,750 million ($20,677 thousand), ¥9,372 million and
¥31,964 million for the years ended March 31, 2002, 2001 and 2000, respectively.
Gross realized gains on those sales were ¥1,608 million ($12,090 thousand), ¥3,579 million and ¥3,456 million for the
years ended March 31, 2002, 2001 and 2000, respectively.
Gross realized losses on those sales were ¥321 million ($2,413 thousand), ¥8 million and ¥867 million for the years
ended March 31, 2002, 2001 and 2000, respectively.
The weighted average annual interest rates of short-term bank loans at March 31, 2002 and 2001 were 1.7% and
2.9%, respectively.
Long-term debt at March 31 consisted of the following:
Thousands of
Millions of yen U.S. dollars
2002 2001 2002
Unsecured debt:
Convertible bonds at 1.7%, due in 2004..................................................... ¥29,735 ¥29,735 $223,571
Loans from banks and other financial institutions,
generally at 0.5% to 4.2%, due serially through 2005 ............................ 12,541 26,415 94,293
Other................................................................................................................ 1,712 2,147 12,872
Total............................................................................................................. 43,988 58,297 330,736
Less portion due within one year .................................................................... 1,192 26,340 8,962
Long-term debt, less current portion .............................................................. ¥42,796 ¥31,957 $321,774
Omron Corporation 35
4. Short-Term
Investments and
Investment
Securities
5. Bank Loans and
Long-Term Debt