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46 SUZUKI MOTOR CORPORATION
Consolidated Financial Statements
(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 nancial institutions.
a. Derivative transactions to which hedge accounting is not applied as of March 31, 2013 and 2012
Currency related transactions (non-market transactions) Millions of yen
Type
2013 2012
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 ¥ 2,323 —¥ 73 ¥ 73 ¥ 4,383 —¥ (46)¥ (46)
Buying
USD 17,356 —(6)(6)6,355 —161 161
JPY 38,808 —(2,772)(2,772)25,594 —(1,113)(1,113)
Currency swap
transactions
Pay INR
Receive USD ————2,569 —237 237
Total ¥58,488 —¥(2,705)¥(2,705)¥38,903 —¥(760)¥(760)
Thousands of U.S. dollars
Type
2013
Contract/
notional
amount
Amount
due after
one year
Fair value gain
(loss)
Foreign currency
forward contracts
Selling
USD $ 24,706 —$ 784 $ 784
Buying
USD 184,542 —(67)(67)
JPY 412,634 —(29,483)(29,483)
Total $621,883 —$(28,766)$(28,766)
Cross currency interest rate swap transactions (non-market transactions) Millions of yen
Type
2013 2012
Contract/
notional
amount
Amount
due after
one year
Fair value gain
(loss)
Contract/
notional
amount
Amount
due after
one year
Fair value gain
(loss)
Pay oating
receive oating
Pay INR
receive USD ¥6,537 ¥6,537 ¥762 ¥762 ————
Total ¥6,537 ¥6,537 ¥762 ¥762 ————
Thousands of U.S. dollars
Type
2013
Contract/
notional
amount
Amount
due after
one year
Fair value gain
(loss)
Pay oating
receive oating
Pay INR
receive USD $69,510 $69,510 $8,104 $8,104
Total $69,510 $69,510 $8,104 $8,104