Suzuki 2003 Annual Report Download - page 37

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SUZUKI MOTOR CORPORATION
10. 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 31,2003 and 2002 were as follows:
As a lessee
(1)Amounts equivalent to acquisition
costs, accumulated depreciation and
net balance as of March 31, 2003
2003 2002 2003
Acquisition costs .......................................... ¥1,225 ¥1,314 $10,192
Accumulated depreciation.......................... (884) (939) (7,358)
Net balance................................................. 340 374 2,833
(2)Future lease payments
Due within one year .................................... 177 182 1,473
Thereafter .................................................... 324 340 2,697
501 523 4,171
(3)Lease expenses ............................................... 197 206 1,645
Depreciation..................................................... ¥ 205 ¥ 195 $ 1,706
As a lessor
(1)Amounts of acquisition costs,
accumulated depreciation and
net balance as of March 31, 2003
2003 2002 2003
Acquisition costs .......................................... ¥1,041 ¥ 915 $ 8,666
Accumulated depreciation.......................... (794) (680) (6,608)
Net balance................................................. 247 235 2,057
(2)Future lease revenues
Due within one year ..................................... 118 164 984
Thereafter ..................................................... 192 181 1,598
310 345 2,583
(3)Lease revenues ................................................ 185 193 1,546
Depreciation..................................................... ¥ 125 ¥ 143 $ 1,040
Thousands of
Millions of yen U.S. dollars
Thousands of
Millions of yen U.S. dollars
37