Casio 2007 Annual Report Download - page 35

33
Annual Report 2007
(2) The following tables summarize book values of securities with no available fair values at March 31, 2007 and 2006.
(a) Book value of held-to-maturity debt securities
Thousands of
Millions of Yen U.S. Dollars
2007 2006 2007
Certificates of deposit................................................................................. ¥5,130 ¥10,000 $43,475
(b) Book value of available-for-sale securities
Thousands of
Millions of Yen U.S. Dollars
2007 2006 2007
Unlisted equity securities ............................................................................ ¥2,955 ¥3,109 $25,042
Commercial paper ...................................................................................... 29,475 19,171 249,788
Unlisted bonds ........................................................................................... 1,700 —14,407
Total...................................................................................................... ¥34,130 ¥22,280 $289,237
(3) Available-for-sale securities sold in the year ended March 31, 2007 and 2006 were as follows:
Thousands of
Millions of Yen U.S. Dollars
2007 2006 2007
Sales amount.............................................................................................. ¥3,440 ¥198 $29,153
Gross realized gains.................................................................................... 1,247 76 10,568
Gross realized losses ................................................................................... —1—
(4) Available-for-sale securities with maturities and held-to-maturity debt securities at March 31, 2007 and 2006 were as follows:
Millions of Yen
2007 2006
Within Within Within Over Within Within Within Over
one year five years ten years ten years Total one year five years ten years ten years Total
Bonds:
Government bonds........... ¥—¥—¥—¥—¥—¥—¥—¥—¥— ¥—
Corporate bonds .............. —4,630 100 — 4,730 —2,230 300 — 2,530
Others .............................. 36,323 8,200 1,386 — 45,909 29,174 8,773 1,087 — 39,034
Others:
Others .............................. —539 1,000 1,617 3,156 ——1,000 872 1,872
Total................................. ¥36,323 ¥13,369 ¥2,486 ¥1,617 ¥53,795 ¥29,174 ¥11,003 ¥2,387 ¥872 ¥43,436
Thousands of U.S. Dollars
2007
Within Within Within Over
one year five years ten years ten years Total
Bonds:
Government bonds........... $—$—$—$—$ —
Corporate bonds .............. —39,237 848 — 40,085
Others .............................. $307,822 69,492 11,745 — 389,059
Others:
Others .............................. —4,568 8,475 13,703 26,746
Total................................. $307,822 $113,297 $21,068 $13,703 $455,890
6. Derivative Transactions
Status of derivative transactions
The Group utilizes interest rate swap and swaption contracts as derivative transactions to hedge interest rate risks arising from nor-
mal business transactions and improve the efficiency of the utilization of available funds.
The Group also utilizes forward foreign currency contracts and currency options to hedge currency fluctuation risks arising from
the export of products and materials for products in addition to hedging through increases in overseas production and the overseas
procurement of materials.
The derivative transactions are solely made with highly rated financial institutions; therefore, the Group does not expect any
credit risks.
The Group utilizes derivatives following the internal regulation for derivatives, which stipulates policy, objective, scope, organi-
zation, procedures and financial institutions to deal with, and has a reporting system for derivative transactions reflecting proper
internal control functions.