Suzuki 2013 Annual Report Download - page 45

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Consolidated Financial Statements
SUZUKI MOTOR CORPORATION 43
*1.Mattersformethodsusedtomeasurefairvaluesofnancialinstruments
Assets:
a. Cash and deposits
Because fair values of deposits are approximately equal to the book values, book values are used as fair values.
b. Notes and accounts receivables-trade
Fair values of sales nance receivables are calculated on the discount method by the expected rate applied to
new loan contract, on each receivable classied into a certain term.
Notes and accounts receivables-trade except sales nance are settled in short term and those fair values are ap-
proximately equal to the book values. So book values are used as fair values.
c. Short-term investment securities and Investment securities
These fair values are prices of the stock exchanges. Also please see Note 2 (f).
Liabilities:
a. Accounts payable-trade, Short-term loans payable and Accrued Expenses
Because these are settled in short term and those fair values are approximately equal to the book values, such
book values are used.
b. Current portion of long-term loans payable and Long-term loans payable
These fair values are measured by discounting based on the estimated interest rates at which similar new loans
with same amount of principal and interest could have been borrowed.
c. Current portion of bonds with subscription rights to shares
Fair values of current portion of bonds with subscription rights to shares are measured based on the market value.
Derivatives:
Please refer to Note 4 (d) Derivative transactions
*2. Financial instruments whose fair value cannot be reliably determined as of March 31, 2013 and 2012
Millions of yen
Thousands of
U.S. dollars
2013 2012 2013
Available-for-salesecurities
Negotiable certicate of deposit .................. ¥409,000 ¥444,700 $4,348,750
Unlisted stock other than stocks of afliates 18,876 18,176 200,706
Unlisted stock of afliates ............................. 16,569 10,629 176,177
Other .............................................................. 3,193 3,128 33,957
Those fair values cannot be reliably measured because market values are unavailable and future cash ows cannot be
estimated. So they are not included in “short-term investment securities and investment securities”.