Epson 2015 Annual Report Download - page 105

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104
(4) Liquidity Risk
Epson raises funds by borrowings and bonds issued; however, these liabilities are exposed to the liquidity risk that
it would not be able to repay liabilities on the due date due to the deterioration of the financing environment.
Epson establishes a financing plan based on the annual business plan and the financial and general accounting
department of the Company regularly monitors and collects information on the balance of liquidity-in-hand and
interest-bearing debt and reports it to the Executive Committee of the Company. In addition, Epson manages
liquidity risks with the balance of liquidity-in-hand maintained at a proper level by working out the financing plan
on a timely basis, and by taking into consideration the financial environment.
The financial liability balance (including derivative financial instruments) by maturity was as follows:
FY2013: As of March 31, 2014
Carrying
amount
Contractual
cash flow
Due with in
1 year
Due after 1
year through
2 years
Due after 2
years through
3 years
Due after 3
years through
4 years
Due after 4
years through
5 years
Due after
5 years
Trade and other payables 123,463 123,463 123,463 - - - - -
Borrowings 110,446 110,445 59,945 -500 50,000 - -
Bonds issued 109,765 110,000 20,000 40,000 30,000 10,000 10,000 -
Lease obligations 340 343 235 56 33 14 4 -
Other 1,563 1,563 3182 60 22 37 1,256
Total 345,580 345,816 203,648 40,239 30,593 60,036 10,042 1,256
Derivative finan cial liabilities
Foreign exchange forward contract 2,296 2,296 2,296 - - - - -
Total 2,296 2,296 2,296 - - - - -
FY2014: As of March 31, 2015
Carrying
amount
Contractual
cash flow
Due with in
1 year
Due after 1
year through
2 years
Due after 2
years through
3 years
Due after 3
years through
4 years
Due after 4
years through
5 years
Due after
5 years
Trade and other payables 140,047 140,047 140,047 - - - - -
Borrowings 85,966 85,966 35,433 533 50,000 - - -
Bonds issued 99,831 100,000 40,000 30,000 10,000 10,000 10,000 -
Lease obligations 180 185 72 51 31 18 9 0
Other 1,973 1,973 398 108 419 185 1,158
Total 327,999 328,172 215,557 30,682 60,140 10,438 10,194 1,159
Derivative finan cial liabilities
Foreign exchange forward contract 259 259 259 - - - - -
Total 259 259 259 - - - - -
FY2014: As of March 31, 2015
Carrying
amount
Contractual
cash flow
Due with in
1 year
Due after 1
year through
2 years
Due after 2
years through
3 years
Due after 3
years through
4 years
Due after 4
years through
5 years
Due after
5 years
Trade and other payables 1,165,407 1,165,407 1,165,407 - - - - -
Borrowings 715,369 715,369 294,857 4,435 416,077 - - -
Bonds issued 830,747 832,145 332,861 249,646 83,215 83,215 83,208 -
Lease obligations 1,497 1,539 635 424 257 149 74 0
Other 16,437 16,437 26 816 908 3,496 1,547 9,644
Total 2,729,457 2,730,897 1,793,786 255,321 500,457 86,860 84,829 9,644
Derivative finan cial liabilities
Foreign exchange forward contract 2,155 2,155 2,155 - - - - -
Total 2,155 2,155 2,155 - - - - -
Millions of yen
Non-derivative financial liabilities
Millions of yen
Non-derivative financial liabilities
Thousands of　U.S. d ollars
Non-derivative financial liabilities