Toshiba 2004 Annual Report Download - page 52

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50
3. U.S. DOLLAR AMOUNTS
U.S. dollar amounts are included solely for convenience. These translations should not be construed as a
representation that the yen could be converted into U.S. dollars at this rate or any other rates. The amounts shown in
U.S. dollars are not intended to be computed in accordance with generally accepted accounting principles in the
United States for the translation of foreign currency amounts. The rate of ¥106 = U.S.$1, the approximate current rate
of exchange at March 31, 2004, has been used throughout for the purpose of presentation of the U.S. dollar amounts
in the accompanying consolidated financial statements.
4. MARKETABLE SECURITIES AND OTHER INVESTMENTS
The aggregate cost, gross unrealized holding gains and losses, and aggregate fair value for marketable equity securities
and debt securities classified as available-for-sale securities by security type at March 31, 2004 and 2003 are as
follows: Millions of yen
Gross Gross
unrealized unrealized
Cost holding gains holding losses Fair value
March 31, 2004:
Equity securities ¥49,838 ¥43,892 ¥ 258 ¥ 93,472
Debt securities 1,42 0 2 — 1,42 2
¥51,258 ¥43,894 ¥ 258 ¥ 94,894
March 31, 2003:
Equity securities ¥75,830 ¥36,896 ¥6,985 ¥105,741
Debt securities 1,994 3 32 1,965
¥77,824 ¥36,899 ¥7,017 ¥107,706
Thousands of U.S. dollars
Gross Gross
unrealized unrealized
Cost holding gains holding losses Fair value
March 31, 2004:
Equity securities $470,170 $414,07 5 $2,434 $881,81 1
Debt securities 13,3 96 19 — 13,415
$483,56 6 $41 4,094 $2,434 $895,226
At March 31, 2004, debt securities mainly consist of corporate debt securities.
Contractual maturities of debt securities classified as available-for-sale were as follows at March 31, 2004:
Millions of yen Thousands of U.S. dollars
Cost Fair value Cost Fair value
Due within one year ¥1,000 ¥1,002 $ 9,434 $ 9,453
Due after one year 420 420 3,962 3,962
¥1,4 20 ¥1,422 $ 13,396 $13,415
The proceeds from sales of available-for-sale securities for the years ended March 31, 2004 and 2003 were ¥53,469
million ($504,424 thousand) and ¥13,897 million, respectively. The gross realized gains on those sales for the years
ended March 31, 2004 and 2003 were ¥28,483 million ($268,708 thousand) and ¥3,347 million, respectively. The
gross realized losses on those sales for the years ended March 31, 2004 and 2003 were ¥717 million ($6,764
thousand) and ¥934 million, respectively.
Included in other expense is a charge of ¥5,640 million ($53,208 thousand) and ¥21,292 million related to
other-than-temporary declines in the marketable and non-marketable equity securities for the years ended March 31,
2004 and 2003, respectively.
5. FINANCE RECEIVABLES AND SECURITIZATIONS
Investment in financing leases consists of sales-type and direct financing leases mainly for information systems,
medical equipment, industrial equipment and others.