Bridgestone 2002 Annual Report Download - page 42

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40
The Companies had the following derivative contracts outstanding at December 31, 2002 and 2001:
Millions of yen
2002 2001
Contract Unrealized Contract Unrealized
amount Fair value gains (losses) amount Fair value gains (losses)
Foreign currency forward contracts:
Sell:
U.S. dollar ¥28,840 ¥28,261 ¥ 579 ¥29,318 ¥30,947 ¥(1,629)
Euro 27,420 28,233 (813) 5,121 5,419 (298)
Australian dollar 6,002 6,030 (28) 5,431 5,875 (444)
British pound 1,435 1,420 15 2,084 2,143 (59)
Other 5,588 6,010 (422) 3,427 3,348 79
Buy:
U.S. dollar 5,118 4,790 (328) 3,378 3,420 42
Japanese yen 916 935 19 958 953 (5)
Other 2,148 2,188 40 1,114 1,132 18
Currency option contracts:
Options written:
U.S. dollar ———9,817 228 (72)
Euro ———6,961 121 (12)
Options purchased:
U.S. dollar ———9,492 109 (47)
Euro ———6,833 96 (13)
Currency swap contracts:
U.S. dollar receipt, Spanish peseta payment ———485 175 175
U.S. dollar receipt, Deutsche mark payment ———344 93 93
U.S. dollar receipt, U.S. dollar payment ———1,582 405 405
Interest rate swap contracts:
Floating rate receipt, fixed rate payment 30,063 (1,935) (1,935) 33,986 (1,861) (1,861)
Floating rate receipt, floating rate payment 1,251 (44) (44) 1,165 (65) (65)
Commodity future contracts:
Natural rubber:
Sell ———112 110 2
Buy 281 301 20 98 99 1