Suzuki 2015 Annual Report Download - page 47

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Consolidated Financial Statements
SUZUKI MOTOR CORPORATION 45
*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
As to these fair values, fair values of stock are prices of exchanges. As to negotiable certicate of deposit and other
types of securities, book values are used as fair values because they are settled in short term and those fair values
are approximately equal to the book values.
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.
Derivatives:
Please refer to Note 4 (d) Derivative transactions.
*2. Financial instruments whose fair value cannot be reliably determined as of 31 March 2015 and 2014
Millions of yen
Thousands of
US dollars
2015 2014 2015
Available-for-sale securities
Unlisted stock other than stocks of afliates ¥18,748 ¥18,747 $156,013
Unlisted stock of afliates ............................. 23,084 17,077 192,098
Others ............................................................ 119 557 997
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”.