Suzuki 2002 Annual Report Download - page 33

Download and view the complete annual report

Please find page 33 of the 2002 Suzuki 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 44

  • 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

SUZUKI MOTOR CORPORATION
31
9.Lease transactions
Finance lease transactions, except for those which meet the conditions that the ownership of the leased assets is substantially
transferred to the lessee, as of March 31, 2002 and 2001 were as follows:
Thousands of
Millions of yen U.S. dollars
Thousands of
Millions of yen U.S. dollars
As a lessee
(1)Amounts equivalent to acquisition
costs, accumulated depreciation and
net balance as of March 31, 2002
2002 2001 2002
Acquisition costs ¥1,314 ¥1,534 $9,863
Accumulated depreciation (939) (1,251) (7,050)
Net balance 374 282 2,812
(2)Future lease payments
Due within one year............................................. 182 169 1,369
Thereafter ............................................................ 340 266 2,559
523 435 3,928
(3)Lease expenses ......................................................... 206 238 1,548
Depreciation ............................................................. ¥ 195 ¥ 170 $1,466
As a lessor
(1)Amounts of acquisition
costs, accumulated depreciation and
net balance as of March 31, 2002
2002 2001 2002
Acquisition costs ¥915 ¥848 $6,872
Accumulated depreciation (680) (570) (5,105)
Net balance 235 277 1,767
(2)Future lease revenues
Due within one year.............................................. 164 174 1,233
Thereafter ............................................................. 181 255 1,360
345 430 2,594
(3)Lease revenues ......................................................... 193 168 1,452
Depreciation ............................................................. ¥143 ¥143 $1,075
8.Cash and cash equivalents
Cash and cash equivalents as of March 31, 2002 and 2001 consisted of:
Thousands of
Millions of yen U.S. dollars
2002 2001 2002
Cash and time deposits ....................................................... ¥220,705 ¥271,392 $1,656,326
Marketable securities .......................................................... 49,647 1,156 372,588
Time deposits with maturities of over three months .......... (254) (630) (1,909)
Marketable securities with maturities of over three months (47,080) —(353,325)
¥223,017 ¥271,918 $1,673,679