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67
annual report 2008 mitsubishi motors corporation
Interest rate swaps
In millions of yen
2008 2007
Notional
amount Fair value
Unrealized
gain (loss)
Notional
amount Fair value
Unrealized
gain (loss)
Interest rate swaps:
Pay-fixed, receive-floating ¥3,605 ¥(62) ¥(62) ¥— ¥— ¥—
Total ¥(62) ¥—
In thousands of U.S. dollars
2008
Notional
amount Fair value
Unrealized
gain (loss)
Interest rate swaps:
Pay-fixed, receive-floating $35,990 $(628) $(628)
Total $(628)
In millions of yen
2008 2007
Within 1
year
From 1
year to 3
Over 3
years
Within 1
year
From 1
year to 3
Over 3
years
Pay-fixed, receive-floating
Notional amount ¥204 ¥3,401 ¥— ¥— ¥— ¥—
Average pay-fixed rate (%) 5.3 4.5 — —— —
Average receive-floating rate (%) 4.3 4.3 — —— —
In thousands of U.S. dollars
2008
Within 1
year
From 1
year to 3
Over 3
years
Pay-fixed, receive-floating
Notional amount $2,037 $33,593 $—
Average pay-fixed rate (%) 5.3 4.5 —
Average receive-floating rate (%) 4.3 4.3 —
The method to determine fair values is based on quotations obtained from financial institutions.
Derivative financial instruments, principally forward exchange contracts and interest swaps, which qualify as hedges and are
accounted for using the deferred hedge accounting method, are excluded from the above table according to the disclosure requirements.