Suzuki 2006 Annual Report Download - page 39

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SUZUKI MOTOR CORPORATION
Assets pledged as collateral as of March 31, 2006:
Millions of Thousands of
yen U.S. dollars
Property, plant and equipment .............................................. ¥4,979 $42,385
Millions of Thousands of
Year ending March 31 yen U.S. dollars
2007 ....................................................................................... ¥ 801 $ 6,818
2008 ....................................................................................... 1,068 9,091
2009 ....................................................................................... 2,329 19,832
2010 ....................................................................................... 39,542 336,617
Thereafter .............................................................................. 28,654 243,930
¥72,395 $616,290
The aggregate annual maturities of long-term debt outstanding as of March 31, 2006 were as
follows:
2006 2005 2006
Commitment contract total ...................................... ¥150,000 ¥100,000 $1,276,921
Actual loan balance ................................................ ———
Variance .................................................................. ¥150,000 ¥100,000 $1,276,921
Millions of
yen
Thousands of
U.S. dollars
NOTE 6: Loan commitment
The Company has the commitment contract with five banks for effective financing.
The outstanding balance of this contract as of March 31, 2006 and 2005 were as follows:
CONSOLIDATED FINANCIAL STATEMENTS OF 2006
39
NOTE 7: Accrued retirement and severance benefits
(a) Outline of an adopted retirement benefit system
In the case of the Company, as a defined benefit plan, Employee Pension Fund, Approved
Retirement Annuity System and Termination Allowance Plan are established.
(b) Items related to a retirement benefit obligation
Remarks:1) The premium retirement allowance paid on a temporary basis is not included.
2)
Some of subsidiaries adopt simplified methods for the calculation of retirement benefits.
2006 2005 2006
a. Retirement benefit obligation ¥(113,848) ¥(113,460) $(969,172)
b. Pension assets 57,867 54,799 492,619
c.
Unrecognized retirement benefit obligation (a + b)
¥ (55,980) ¥ (58,661) $(476,552)
d.
Unrecognized difference by an actuarial calculation
13,403 15,170 114,101
e.
Unrecognized prior service cost (decrease of liabilities)
(9,020) (9,739) (76,793)
f.
Accrued retirement and severance benefits (c+d+e)
¥ (51,598) ¥ (53,230) $(439,245)
Millions of
yen
Thousands of
U.S. dollars