Casio 2009 Annual Report Download - page 41

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39
Annual Report 2009
13. Lease Transactions
(1) Finance lease transactions which do not transfer the ownership of the leased property to the lessee, and that were concluded
prior to the first term for which the new accounting standards were applied
The amounts of outstanding future lease payments due at March 31, 2009 and 2008 and total lease expenses (including reversal of
accumulated impairment loss on lease assets, total assumed depreciation cost, total assumed interest cost and impairment loss) as
lessee for the years ended March 31, 2009 and 2008 were as follows:
Millions of Yen
Thousands of
U.S. Dollars
2009 2008 2009
Future lease payments:
Due within one year ..................................................................................... ¥2,726 ¥ 4,746 $27,816
Due over one year ........................................................................................ 3,466 7,873 35,368
Total ............................................................................................................. ¥6,192 ¥12,619 $63,184
Term-end balance of accumulated impairment loss on lease assets ¥3,561 ¥ — $36,337
Total lease expenses ........................................................................................... ¥4,451 ¥ 5,367 $45,418
Reversal of accumulated impairment loss on lease assets .................................... ¥ — ¥ — $ —
Total assumed depreciation cost ........................................................................ ¥4,167 ¥ 4,967 $42,520
Total assumed interest cost ................................................................................ ¥ 270 ¥ 377 $ 2,755
Total assumed impairment loss .......................................................................... ¥3,561 ¥ — $36,337
Assumed data as to acquisition cost, accumulated depreciation, impairment loss and net book value of the lease assets under
the finance lease contracts as lessee at March 31, 2009 and 2008 were summarized as follows:
Millions of Yen Thousands of U.S. Dollars
2009 2008 2009
Acquisition
cost
Accumulated
depreciation
Impairment
loss
Net book
value
Acquisition
cost
Accumulated
depreciation
Net book
value
Acquisition
cost
Accumulated
depreciation
Impairment
loss
Net book
value
Machinery ..............
¥ 8,892 ¥4,477 ¥3,442 ¥ 973 ¥16,990 ¥ 8,194 ¥ 8,796 $ 90,735 $45,684 $35,122 $ 9,929
Equipment .............
3,853 3,132 119 602 5,512 2,791 2,721 39,316 31,959 1,214 6,143
Other .....................
1,384 897 — 487 2,026 1,173 853 14,122 9,153 — 4,969
Total .................
¥14,129 ¥8,506 ¥3,561 ¥2,062 ¥24,528 ¥12,158 ¥12,370 $144,173 $86,796 $36,336 $21,041
(2) Operating leases
The amount of outstanding future noncancellable lease payments due at March 31, 2009 and 2008 were as follows:
Millions of Yen
Thousands of
U.S. Dollars
2009 2008 2009
Future lease payments:
Due within one year ..................................................................................... ¥58 ¥113 $592
Due over one year ........................................................................................ 555 51
Total ............................................................................................................. ¥63 ¥168 $643