Toyota 2015 Annual Report Download - page 195

TOYOTA MOTOR CORPORATION
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS—(Continued)
Fair value and gains or losses on derivative financial instruments -
The following table summarizes the fair values of derivative financial instruments as of March 31, 2015 and
2016:
Yen in millions
March 31,
2015 2016
Derivative assets
Derivative financial instruments designated as hedging instruments
Interest rate and currency swap agreements
Prepaid expenses and other current assets ........................... 527 —
Investments and other assets - Other ............................... 2,880 4,371
Total .................................................... 3,407 4,371
Undesignated derivative financial instruments
Interest rate and currency swap agreements
Prepaid expenses and other current assets ........................... 57,915 96,996
Investments and other assets - Other ............................... 242,404 230,726
Total .................................................... 300,319 327,722
Foreign exchange forward and option contracts
Prepaid expenses and other current assets ........................... 35,594 34,290
Investments and other assets - Other ............................... — 428
Total .................................................... 35,594 34,718
Total derivative assets ..................................................... 339,320 366,811
Counterparty netting ...................................................... (117,794) (116,174)
Collateral received ........................................................ (76,891) (65,810)
Carrying value of derivative assets ........................................... 144,635 184,827
Derivative liabilities
Derivative financial instruments designated as hedging instruments
Interest rate and currency swap agreements
Other current liabilities .......................................... (4,793) —
Other long-term liabilities ....................................... (401) —
Total .................................................... (5,194) —
Undesignated derivative financial instruments
Interest rate and currency swap agreements
Other current liabilities .......................................... (94,801) (42,404)
Other long-term liabilities ....................................... (253,428) (180,716)
Total .................................................... (348,229) (223,120)
Foreign exchange forward and option contracts
Other current liabilities .......................................... (7,307) (21,167)
Other long-term liabilities ....................................... (1) —
Total .................................................... (7,308) (21,167)
Total derivative liabilities .................................................. (360,731) (244,287)
Counterparty netting ...................................................... 117,794 116,174
Collateral posted .......................................................... 213,937 94,953
Carrying value of derivative liabilities ........................................ (29,000) (33,160)
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