Suzuki 2007 Annual Report Download - page 41

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SUZUKI MOTOR CORPORATION
Assets pledged as collateral as of March 31, 2007:
Millions of Thousands of
yen U.S. dollars
Property, plant and equipment .............................................. ¥2,042 $17,298
Inventory ................................................................................ 1,904 16,128
¥3,946 $33,427
Millions of Thousands of
Year ending March 31 yen U.S. dollars
2008 ....................................................................................... ¥ 1,088 $ 9,216
2009 ....................................................................................... 7,375 62,479
2010 ....................................................................................... 47,358 401,176
2011 ....................................................................................... 10,948 92,741
Thereafter .............................................................................. 172,625 1,462,309
¥239,396 $2,027,922
The aggregate annual maturities of long-term debt outstanding as of March 31, 2007 were as follows:
2007 2006 2007
Commitment contract total ...................................... ¥150,000 ¥150,000 $1,270,648
Actual loan balance ................................................ ———
Variance .................................................................. ¥150,000 ¥150,000 $1,270,648
Millions of
yen
Thousands of
U.S. dollars
NOTE 7: Loan commitment
The Company has the commitment contract with five banks for effective financing.
The outstanding balance of this contract as of March 31, 2007 and 2006 were as follows.
CONSOLIDATED FINANCIAL STATEMENTS OF 2007
41
NOTE 8: 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.
2007 2006 2007
a. Retirement benefit obligation ¥(115,009) ¥(113,848) $(974,243)
b. Pension assets 61,439 57,867 520,455
c.
Unrecognized retirement benefit obligation (a + b)
¥ (53,569) ¥ (55,980) $(453,787)
d.
Unrecognized difference by an actuarial calculation
11,430 13,403 96,830
e.
Unrecognized prior service cost (decrease of liabilities)
(8,302) (9,020) (70,327)
f.
Accrued retirement and severance benefits (c+d+e)
¥ (50,441) ¥ (51,598) $(427,285)
Millions of
yen
Thousands of
U.S. dollars