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39
TOSHIBA Annual Report 2012
Substantially all of the short-term borrowings are with banks which have written basic agreements with the Group to the
effect that, with respect to all present or future loans with such banks, the Group shall provide collateral (including sums
on deposit with such banks) or guaranties immediately upon the bank's request, and that any collateral furnished
pursuant to such agreements or otherwise shall be applicable to all indebtedness to such banks.
At March 31, 2012, the Group had unused committed lines of credit from short-term financing arrangements
aggregating ¥331,120 million ($4,038,049 thousand). The lines of credit expire on various dates from April 2012 through
March 2013. Under the agreements, the Group is required to pay commitment fees ranging from 0.030 percent to 0.220
percent on the unused portion of the lines of credit.
Long-term debt at March 31, 2012 and 2011 consist of the following:
Millions of yen
Thousands of
U.S. dollars
March 31 2012 2011 2012
Loans, principally from banks,
due 2012 to 2028 with weighted-average interest rate
of 0.90% at March 31, 2012, and due 2011 to 2029 with
weighted-average interest rate of 1.52% at March 31, 2011:
Secured ¥ 19,206 ¥ − $ 234,219
Unsecured 572,840 293,885 6,985,854
Unsecured yen bonds, due 2013 to 2020 with interest rate
ranging from 0.89% to 2.20% at March 31, 2012 and 2011 310,000 310,000 3,780,488
Interest deferrable and early redeemable subordinated bonds:
Due 2069 with interest rate of 7.50% at March 31, 2012 and 2011 180,000 180,000 2,195,122
Zero Coupon Convertible Bonds with stock acquisition rights:
Due 2011 convertible at ¥542 per share at March 31, 2011 − 95,010 −
Euro yen medium-term notes of subsidiaries, due 2011
with interest rate of 1.31% at March 31, 2011 − 502 −
Capital lease obligations 34,200 49,561 417,073
1,116,246 928,958 13,612,756
Less-Portion due within one year (206,626) (159,414) (2,519,829)
¥ 909,620 ¥ 769,544 $ 11,092,927
Substantially all of the unsecured loan agreements permit the lenders to require collateral or guaranties for such loans.
The carrying amount of corresponding notes and accounts receivable, trade and long-term receivables which were
accounted for as secured borrowings under ASC No.860 at March 31, 2012 was ¥52,689 million ($642,549 thousand).
The aggregate annual maturities of long-term debt, as of March 31, 2012, excluding those of capital lease obligations, are
as follows:
Year ending March 31 Millions of yen
Thousands of
U.S. dollars
2013 ¥ 196,356 $ 2,394,585
2014 201,248 2,454,244
2015 50,368 614,244
2016 193,566 2,360,561
2017 98,548 1,201,805
Thereafter 341,960 4,170,244
¥ 1,082,046 $ 13,195,683