Toshiba 2009 Annual Report Download - page 83

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31
Thousands of U.S. dollars
Subordinated
M arketable retained
Year ended M arch 31, 2009 securit ies interests Total
Balance at beginning of year $ 35,867 $100,898 $136,765
Total gain or losses (realized or unrealized):
Included in earnings (losses) ———
Included in other comprehensive income (loss) 0—0
Purchases, issuances and settlements (4,796) 8,918 4,122
Balance at end of year $ 31,071 $109,816 $140,887
At March 31, 2009, Level 3 assets measured at fair value on a recurring basis consisted of corporate debt securities and subordinat-
ed retained interests.
Assets and liabilities measured at fair value on a non-recurring basis
Certain equity method investments were written down to their fair value of ¥8,364 million ($85,347 thousand), resulting in other-
than-temporary impairment charges of ¥2,618 million ($26,714 thousand), which was included in earnings for the year ended
March 31, 2009. The impaired investments were classified within Level 1 as they are valued based on quoted market prices in active
markets.
In addition, certain non-marketable equity securities accounted for under the cost method were written down to their fair value
of ¥701 million ($7,153 thousand), resulting in other-than-temporary impairment charges of ¥427 million ($4,357 thousand),
which was included in earnings for the year ended March 31, 2009. The impaired securities were classified within level 3 as they are
valued based on unobservable inputs.
6. 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, 2009 and 2008 are as follows:
M illions of yen
Gross unrealized Gross unrealized
Cost holding gains holding losses Fair value
M arch 31, 2009:
Equity securities ¥ 96,258 ¥ 51,109 ¥ 10,585 ¥ 136,782
Debt securities 3,045 0 0 3,045
¥ 99,303 ¥ 51,109 ¥ 10,585 ¥ 139,827
M arch 31, 2008:
Equity securities ¥ 120,380 ¥ 104,205 ¥ 5,847 ¥ 218,738
Debt securities 3,515 0 0 3,515
¥ 123,895 ¥ 104,205 ¥ 5,847 ¥ 222,253
Thousands of U.S. dollars
Gross unrealized Gross unrealized
Cost holding gains holding losses Fair value
M arch 31, 2009:
Equity securities $ 982,225 $ 521,520 $ 108,010 $ 1,395,735
Debt securities 31,071 0 0 31,071
$ 1,013,296 $ 521,520 $ 108,010 $ 1,426,806
At March 31, 2009, debt securities mainly consisted of corporate debt securities.
Contractual maturities of debt securities classified as available-for-sale at March 31, 2009 are as follows:
M illions of yen Thousands of U.S. dollars
M arch 31, 2009: Cost Fair value Cost Fair value
Due within one year ¥ 100 ¥ 100 $ 1,020 $ 1,020
Due after one year within five years 2,945 2,945 30,051 30,051
¥ 3,045 ¥ 3,045 $ 31,071 $ 31,071