Isuzu 2016 Annual Report Download - page 35

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33
(2*) Since interest rate swaps under the exceptional accounting method are accounted for as an integral part of long-term debt, the hedged
item, their fair values are included in the fair value of the underlying long-term debt.
The figures in parenthesis indicate those posted in liabilities.
(2) Interest rate-related
As of March 31, 2016
Millions of yen Thousands of U.S. dollars
Hedge accounting Type of derivative Main hedged items
method transactions
Interest rate swaps Interest rate swaps
under the exceptional Pay fixed receive Long-term debt
accounting method floating
Total
As of March 31, 2015
Millions of yen Thousands of U.S. dollars
Hedge accounting Type of derivative Main hedged items
method transactions
Interest rate swaps Interest rate swaps
under the exceptional Pay fixed receive Long-term debt
accounting method floating
Total
Contract
amount
¥ 29,512
¥ 29,512
Contract
amount
¥ 55,724
¥ 55,724
Over one year
¥ 12,101
¥ 12,101
Over one year
¥ 29,512
¥ 29,512
Fair value
(2*)
—
Fair value
(2*)
—
Contract
amount
$ 261,909
$ 261,909
Contract
amount
$ 463,710
$ 463,710
Over one year
$ 107,392
$ 107,392
Over one year
$ 245,592
$ 245,592
Fair value
(2*)
—
Fair value
(2*)
—
13. Financial Instruments
Financial instruments recognized in the consolidated financial statements as of March 31, 2016 and 2015 are as follows. Financial instruments,
whose fair values are not readily available, are not included in the following table.
As of March 31, 2016
Millions of yen Thousands of U.S. dollars
(1) Cash and time deposits
(2) Notes and accounts receivable
(3) Lease investment assets and lease receivables
(4) Investment securities
(5) Notes and accounts payable
(6) Electronically recorded obligations - operating
(7) Short-term loans
(8) Accrued expenses
(9) Long-term debt
(10) Derivatives
As of March 31, 2015
Millions of yen Thousands of U.S. dollars
(1) Cash and time deposits
(2) Notes and accounts receivable
(3) Lease investment assets and lease receivables
(4) Investment securities
(5) Notes and accounts payable
(6) Electronically recorded obligations - operating
(7) Short-term loans
(8) Accrued expenses
(9) Long-term debt
(10) Derivatives
Carrying value
¥ 285,686
249,331
64,728
53,742
(328,621)
(23,297)
(24,288)
(47,279)
(224,309)
167
Carrying value
¥ 339,747
250,137
44,141
71,116
(332,092)
(21,072)
(27,974)
(47,0 03)
(189,964)
73
(
Fair value
¥ 285,686
249,331
65,058
53,742
(328,621)
(23,297)
(24,288)
(47,279)
(225,182)
167
(
Fair value
¥ 339,747
250,137
44,229
71,116
(332,092)
(21,072)
(27,974)
(47,0 03)
(190,248)
73
Difference
—
—
¥ 330
—
—
—
—
—
(872)
—
Difference
—
—
¥ 87
—
—
—
—
—
(284)
—
Carrying value
$ 2,535,380
2,212,742
574,446
476,944
(2,916,414)
(206,757)
(215,550)
(419,591)
(1,990,679)
1,482
Carrying value
$ 2,827,220
2,081,530
367, 326
591,801
(2,763,523)
(175,358)
(232,792)
(391,141)
(1,580,793)
612
Fair value
$ 2,535,380
2,212,742
57 7,38 3
476,944
(2,916,414)
(206,757)
(215,550)
(419,591)
(1,998,425)
1,482
Fair value
$ 2,827,220
2,081,530
368,057
591,801
(2,763,523)
(175,358)
(232,792)
(391,141)
(1,583,161)
612
Difference
—
—
$ 2,937
—
—
—
—
—
(7,746)
—
Difference
—
—
$ 731
—
—
—
—
—
(2,367)
—