Suzuki 2012 Annual Report Download - page 49

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Consolidated Financial Statements
SUZUKI MOTOR CORPORATION 47
(d) Derivative transactions
The contract/notional amounts of derivatives which are shown in the below table do not represent the Group’s exposure to
market risk. As to fair values of derivatives which are shown in the below tables, commodity transactions are valued based on
market price. Other transactions are valued based on the price offered by financial institutions.
a. Derivative transactions to which hedge accounting is not applied as of March 31, 2012 and 2011
Currency related transactions (non-market transactions) (Amount: Millions of yen)
Type
2012 2011
Contract/
notional
amount
Amount
due after
one year
Fair value Gain
(loss)
Contract/
notional
amount
Amount
due after
one year
Fair value Gain
(loss)
Foreign currency
forward contracts
Selling
USD ¥ 4,383 ¥ — ¥ (46) ¥ (46) ¥ 37 ¥ — ¥ (71) ¥ (71)
EUR ————112 — (4) (4)
GBP ————135 — 5 5
Buying
USD 6,355 — 161 161 8,882 — (2) (2)
JPY 25,594 — (1,113) (1,113) 1,783 — (44) (44)
Currency swap
transactions
Receive US
Dollar and pay
Indian Rupee 2,569 — 237 237 ————
Total 38,903 — (760) (760) 10,952 — (118) (118)
(Amount: Thousands of U.S. dollars)
Type
2012
Contract/
notional
amount
Amount
due after
one year
Fair value Gain
(loss)
Foreign currency
forward contracts
Selling
USD $ 53,336 $ — $ (566) $ (566)
Buying
USD 77,324 — 1,963 1,963
JPY 311,407 — (13,546) (13,546)
Currency swap
transactions
Receive US
Dollar and pay
Indian Rupee 31,264 — 2,894 2,894
Total 473,332 — (9,256) (9,256)
Interest rate related transactions (non-market transactions) (Amount: Millions of yen)
Type
2012 2011
Contract/
notional
amount
Amount
due after
one year
Fair value Gain
(loss)
Contract/
notional
amount
Amount
due after
one year
Fair value Gain
(loss)
Interest rate swaps
Pay fixed
receive floating ————¥ 5,255 ¥ 2,627 ¥ (208) ¥ (208)
Total ————5,255 2,627 (208) (208)