Suzuki 2014 Annual Report Download - page 48

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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, 2014 and 2013
Currency related transactions (non-market transactions) Millions of yen
Type
2014 2013
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
Buying
USD 17,687 —(142)(142)17,356 —(6)(6)
JPY 11,405 —(262)(262)38,808 —(2,772)(2,772)
Total ¥29,093 —¥(404)¥(404)¥58,488 —¥(2,705)¥(2,705)
Thousands of US dollars
Type
2014
Contract/
notional
amount
Amount
due after
one year
Fair value Gain
(loss)
Foreign currency
forward contracts
Buying
USD $171,861 —$(1,384)$(1,384)
JPY 110,819 —(2,547)(2,547)
Total $282,681 —$(3,932)$(3,932)
Cross currency interest rate swap transactions (non-market transactions) Millions of yen
Type
2014 2013
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 xed
receive oating
Pay PHP
receive USD ¥1,200 ¥ —¥ 84 ¥ 84 ¥ —¥ —¥ —¥ —
Pay oating
receive oating
Pay INR
receive USD 7,153 4,769 1,536 1,536 6,537 6,537 762 762
Total ¥8,353 ¥4,769 ¥1,620 ¥1,620 ¥6,537 ¥6,537 ¥762 ¥762
Thousands of US dollars
Type
2014
Contract/
notional
amount
Amount
due after
one year
Fair value Gain
(loss)
Pay xed
receive oating
Pay PHP
receive USD $11,659 $ —$ 822 $ 822
Pay oating
receive oating
Pay INR
receive USD 69,510 46,340 14,927 14,927
Total $81,169 $46,340 $15,750 $15,750