Suzuki 2004 Annual Report Download - page 41

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SUZUKI MOTOR CORPORATION
11. Lease transactions
Finance lease transactions, except for those which meet the conditions that the ownership of the leased assets
was substantially transferred to the lessee, as of March 31, 2004 and 2003 were as follows:
As a lessee
(1)Amounts equivalent to acquisition
costs, accumulated depreciation and
net balance as of March 31, 2004
2004 2003 2004
Acquisition costs ......................................... ¥ 925 ¥1,225 $ 8,752
Accumulated depreciation.......................... (660) (884) (6,252)
Net balance................................................. 264 340 2,499
(2)Future lease payments
Due within one year .................................... 149 177 1,416
Thereafter .................................................... 257 324 2,435
407 501 3,851
(3)Lease expenses ............................................... 165 197 1,564
Depreciation..................................................... ¥ 176 ¥ 205 $ 1,668
As a lessor
(1)Amounts of acquisition costs,
accumulated depreciation and
net balance as of March 31, 2004
2004 2003 2004
Acquisition costs ......................................... ¥ 750 ¥1,041 $ 7,100
Accumulated depreciation.......................... (592) (794) (5,608)
Net balance................................................. 157 247 1,491
(2)Future lease revenues
Due within one year ..................................... 94 118 892
Thereafter ..................................................... 121 192 1,150
215 310 2,043
(3)Lease revenues ................................................ 123 185 1,172
Depreciation..................................................... ¥ 90 ¥ 125 $ 851
Thousands of
Millions of yen U.S. dollars
Thousands of
Millions of yen U.S. dollars
41
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS