Canon 2009 Annual Report Download - page 79

Download and view the complete annual report

Please find page 79 of the 2009 Canon annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 108

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92
  • 93
  • 94
  • 95
  • 96
  • 97
  • 98
  • 99
  • 100
  • 101
  • 102
  • 103
  • 104
  • 105
  • 106
  • 107
  • 108

77
December 31
Millions of yen
Thousands of
U.S. dollars
2009 2008 2009
Loans, principally from banks, maturing in installments through 2017;
bearing weighted average interest of 0.30% and 2.93%
at December 31, 2009 and 2008, respectively ¥ 20 ¥ 95 $ 217
Capital lease obligations 9,761 13,648 106,098
9,781 13,743 106,315
Less current portion (4,869) (5,320) (52,924)
¥ 4,912 ¥ 8,423 $ 53,391
Short-term loans consisting of bank borrowings at December 31, 2008 were ¥220 million. The weighted average interest rate
on short-term loans outstanding at December 31, 2008 was 6.21%.
9. Short-Term Loans and Long-Term Debt
The aggregate annual maturities of long-term debt outstanding at December 31, 2009 were as follows:
Year ending December 31:
Millions of yen
Thousands of
U.S. dollars
2010 ¥ 4,869 $ 52,924
2011 3,357 36,489
2012 1,068 11,609
2013 352 3,826
2014 98 1,065
Thereafter 37 402
¥ 9,781 $ 106,315
Both short-term and long-term bank loans are made under
general agreements which provide that security and guarantees
for present and future indebtedness will be given upon request
Long-term debt consisted of the following:
December 31
Millions of yen
Thousands of
U.S. dollars
2009 2008 2009
Notes ¥ 7,608 ¥ 14,544 $ 82,696
Accounts 331,505 392,202 3,603,315
¥ 339,113 ¥ 406,746 $ 3,686,011
Trade payables are summarized as follows:
10. Trade Payables
of the bank, and that the bank shall have the right to offset
cash deposits against obligations that have become due or, in
the event of default, against all obligations due to the bank.
Canon AR09_FS_0325_ipc .indd 77 10.3.26 2:47:08 PM