Epson 2015 Annual Report Download - page 87

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86
20. Other Financial Liabilities
The breakdown of “Other financial liabilities” was as follows:
Thousands of
U.S. dollars
March 31,
2014 2015 2015
Derivative financial liabilities 2,296 259 2,155 - -
Current borrowings 57,945 35,380 294,416 1.19 -
Current portion of non-current
borrowings
1,999 53 441 0.86 -
Current portion of bonds issued
(Note 2)
19,993 39,978 332,678 - -
Non-current borrowings 50,501 50,533 420,512 0.70 2017
Bonds issued (Note 2) 89,772 59,853 498,069 - -
Other 1,904 2,153 17,934 - -
　　Total 224,413 188,211 1,566,205
Current liabilities 82,471 75,745 630,315
Non-current liabilities 141,942 112,466 935,890
　　Total 224,413 188,211 1,566,205
Due
March 31,
Average interest
rate (Note 1)
Millions of yen
%
(Note 1) The average interest rate is calculated using the interest rate and outstanding balance as of March 31, 2015.
(Note 2) The summary of issuing conditions of the bonds issued was as follows:
Thousands of
U.S. dollars
March 31,
2014 2015 2015
20,000 166,430
(20,000) (166,430)
20,000
- -
(20,000)
The Company
The 7th Series unsecured
st raigh t bonds issued (wit h
inter-bond pari passu clause)
Jun 14, 2011 0.72 Non Jun 14, 2016 20,000 20,000 166,430
20,000 166,430
(20,000) (166,430)
The Company
The 9th Series unsecured
st raigh t bonds issued (wit h
inter-bond pari passu clause)
Sep 12, 2012 0.67 Non Sep 12, 2017 10,000 10,000 83,215
The Company
The 10th Series unsecured
st raigh t bonds issued (wit h
inter-bond pari passu clause)
Sep 11, 2013 0.33 Non Sep 9, 2016 10,000 10,000 83,215
The Company
The 11th Series unsecured
st raigh t bonds issued (wit h
inter-bond pari passu clause)
Sep 11, 2013 0.57 Non Sep 11, 2018 10,000 10,000 83,215
The Company
The 12th Series unsecured
st raigh t bonds issued (wit h
inter-bond pari passu clause)
Jun 13, 2014 0.35 Non Jun 13, 2019 -10,000 83,215
110,000 100,000 832,150
(20,000) (40,000) (332,860)
Millio ns of y en
Non
Company
Issue date
Name of bonds issued
Collateral
Maturity date
%
March 31
interest
rate
The Company
The 5th Series unsecured
st raigh t bonds issued (wit h
inter-bond pari passu clause)
Sep 3, 2010
0.58
The Company
The 8th Series unsecured
st raigh t bonds issued (wit h
inter-bond pari passu clause)
Sep 12, 2012
0.55
The Company
The 6th Series unsecured
st raigh t bonds issued (wit h
inter-bond pari passu clause)
Jun 14, 2011
0.49
Non
Sep 11, 2015
20,000
20,000
Sep 3, 2015
Non
Jun 13, 2014
*The figures in parentheses represent the current portion of bonds issued.
Derivative financial liabilities were classified as financial liabilities measured at fair value through profit or loss
excluding those which hedge accounting was applied to, and bonds issued and borrowings were classified as
financial liabilities measured at amortised cost. There were no financial covenants on bonds issued and borrowings
that had a significant impact on Epson's financing activities.