Suzuki 2000 Annual Report Download - page 30
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9.Contingent liabilities
As of March 31, 2000, the Company and certain consolidated subsidiaries had the
following contingent liabilities:
Millions of Thousands of
yen U.S. dollars
Guarantee of indebtedness of affiliates and others....... ¥ 4,852 $ 45,711
Trade notes discounted ................................................. 2,845 26,806
¥ 7,697 $ 72,518
Operating lease transactions as of 31st March, 2000 were as follows:
As a lessee Thousands of
Millions of yen U.S. dollars
2000 1999 2000
Future lease payments
Due within one year.............................................. ¥ 187 ¥ 165 $
1,763
Thereafter ............................................................. 827 974 7,796
¥ 1,014 ¥ 1,140 $
9,560
Thousands of
Millions of yen U.S. dollars
2000 1999 2000
Future lease revenues
Due within one year.............................................. ¥ 27 ¥ 29 $
258
Thereafter ............................................................. 32 64 302
¥ 59 ¥ 93 $
560
As a lessor
8.Shareholders’ equity
On March 28, 2000, the Company issued 5,780,000 new shares to Fuji Heavy Industries Ltd.
in the amount of ¥5,005 million by third-party allotment.
Under the Commercial Code of Japan, at least 50 percent of the issue price of new
shares, with a minimum of the par value, is required to be designated as common stock,
and proceeds in excess of the amounts designated as common stock may be transferred to
additional paid-in capital.