Bridgestone 2002 Annual Report Download - page 44

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42
(a) Contingent liabilities
At December 31, 2002 and 2001, the Companies had the following contingent liabilities:
NOTE 14—CONTINGENT LIABILITIES AND COMMITMENTS
(b) Operating lease commitments
The Companies lease certain land, machinery, vehicles, computer equipment, office space and other assets. The lease payments under non-
cancelable operating leases for the years ended December 31, 2002 and 2001 are as follows:
(c) Litigation
See Note 16 for contingent legal liabilities in relation to the voluntary tire recall.
Thousands of
Millions of yen U.S. dollars
2002 2001 2002
Not later than one year ¥28,976 ¥28,131 $241,668
Later than one year 176,024 147,724 1,468,090
Total ¥205,000 ¥175,855 $1,709,758
Thousands of
Millions of yen U.S. dollars
2002 2001 2002
Trade notes discounted ¥8,105 ¥7,809 $67,598
Guarantees and similar items of bank borrowings 968 1,124 8,073
Total ¥9,073 ¥8,933 $75,671