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48
Notes to Consolidated Financial Statements
Toshiba Corporation and Subsidiaries
M arch 31, 2009
The Company’s forward exchange contract amounts, the aggregate notional principal amounts of interest rate swap agree-
ments, currency swap agreements, and currency options outstanding at March 31, 2009 and 2008 are summarized below:
Thousands of
M illions of yen U.S. dollars
M arch 31 2009 2008 2009
Forward exchange contracts:
To sell foreign currencies ¥196,828 ¥329,575 $2,008,449
To buy foreign currencies 162,506 330,063 1,658,224
Interest rate swap agreements 270,300 241,550 2,758,163
Currency swap agreements 86,021 133,136 877,765
Currency options —8,817 —
(2) FAIR VALUE OF FINANCIAL INSTRUM ENTS
The estimated fair values of the Company’s financial instruments and the location in the consolidated balance sheets at March
31, 2009 are summarized as follows:
M illions of yen Thousands of U.S. dollars
2009 2009
Carrying Estimated Carrying Estimated
M arch 31 Location amount fair value amount fair value
Nonderivatives:
Liabilities:
Long-term debt, including current portion ¥ (1,005,847) ¥ (996,085) $(10,263,745) $ (10,164,133)
Derivatives designated as hedging instruments:
Assets:
Forward Prepaid
exchange expenses and
contracts other current assets 734 734 7,490 7,490
Interest rate Prepaid
swap agreements expenses and
other current assets 73 73 745 745
Currency Swap Prepaid
agreements expenses and
other current assets 207 207 2,112 2,112
Liabilities:
Forward Other current
exchange liabilities
contracts (6,081) (6,081) (62,051) (62,051)
Interest rate Other liabilities
swap agreements (2,541) (2,541) (25,929) (25,929)
Derivatives not designated as hedging instruments:
Assets:
Interest rate Prepaid
swap agreements expenses and
other current assets 111010
Liabilities:
Forward Other current
exchange liabilities
contracts (4,325) (4,325) (44,133) (44,133)