Mitsubishi 2004 Annual Report Download - page 45

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43
Euro medium-term notes due through 2006 at rates ranging from
3.3% to 4.7% 7,660 13,456 72,480
402,196 375,915 3,805,438
Less current portion (163,334) (107,170) (1,545,408)
¥ 238,862 ¥ 268,744 $ 2,260,030
The 1.7% unsecured convertible bonds due 2003 are convertible through April 28, 2003 into shares of common stock of
MMC at ¥405 per share. At March 31, 2003, if all the outstanding convertible bonds had been converted at the current
conversion price, 47,407 thousand new shares would have been issuable. The conversion price is subject to adjustment in
certain cases including stock splits.
The maturities of long-term debt were as follows:
In millions of yen In thousands of
Year ending March 31, U.S. dollars
2005 ¥163,334 $1,545,408
2006 76,706 725,768
2007 66,133 625,727
2008 28,604 270,642
2009 26,841 253,964
Thereafter 40,577 383,927
Total ¥402,196 $3,805,438
Non-interest bearing long-term debt is mainly due to the Dutch State and Volvo Car Corporation. The maturities of non-
interest bearing long-term debt were as follows:
In millions of yen In thousands of
Year ending March 31, U.S. dollars
2005 ¥24,555 $232,335
Assets pledged as collateral for short-term borrowings, long-term debt and guarantees at March 31, 2004 and 2003 were as
follows:
In millions of yen In thousands of
U.S. dollars
2004 2003 2004
Trade notes and accounts receivable ¥ 1,618 ¥ 1,640 $ 15,312
Inventories 14,465 —136,867
Finance receivables 85,586 98,083 809,791
Investments 274 23,396 2,593
Property, plant and equipment, net 174,591 208,326 1,651,916
Other 702 2,069 6,644
¥277,238 ¥333,515 $2,623,126
The obligations secured by such collateral at March 31, 2004 and 2003 were as follows:
In millions of yen In thousands of
U.S. dollars
2004 2003 2004
Short-term borrowings and long-term debt ¥231,613 ¥203,829 $2,191,438
Guarantees —620 —