Mitsubishi 2010 Annual Report Download - page 54

Download and view the complete annual report

Please find page 54 of the 2010 Mitsubishi annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 72

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72

Summarized below are the notional amounts and the estimated fair values (based on the prices provided by counterparty financial
institutions) of the derivative positions at March 31, 2010 and 2009:
(a) Derivative transactions that are not subject to hedge accounting
Forward foreign exchange contracts and cross currency swaps
In millions of yen In thousands of U.S. dollars
March 31, 2010
Notional
amount
Due more
than 1 year Fair value
Unrealized
gain (loss)
Notional
amount
Due more
than 1 year Fair value
Unrealized
gain (loss)
Forward foreign exchange contracts:
Sell:
US $
¥ 932 ¥ – ¥ 0 ¥ 0 $ 10,027 $ – $ 10 $ 10
£ stg
1,864 – (1) (1) 20,040 – (20) (20)
Canada $
1,903 – (82) (82) 20,458 – (890) (890)
Australian $
830 – (39) (39) 8,922 – (424) (424)
Japanese ¥
103,977 – 6,904 6,904 1,117,553 – 74,214 74,214
Buy:
Thai B|
1,197 – 94 94 12,875 – 1,010 1,010
Japanese ¥
244 – (1) (1) 2,628 – (20) (20)
Cross currency swaps:
Sell:
Japanese ¥
28,482 18,626 2,059 2,059 306,132 200,196 22,139 22,139
Total
– – ¥8,933 ¥8,933 – – $96,020 $96,020
Interest rate options
In millions of yen In thousands of U.S. dollars
March 31, 2010
Notional
amount
Due more
than 1 year Fair value
Unrealized
gain (loss)
Notional
amount
Due more
than 1 year Fair value
Unrealized
gain (loss)
Interest rate options:
Buy:
¥13,285 ¥13,285 ¥22 ¥22 $142,798 $142,798 $238 $238
Total
– – ¥22 ¥22 – – $238 $238
The method to determine fair values is based on quotations obtained from financial institutions.
(b) Derivative transactions that are subject to hedge accounting
Forward foreign exchange contracts
In millions of yen In thousands of U.S. dollars
March 31, 2010 Hedged item
Notional
amount
Due more
than 1 year Fair value
Notional
amount
Due more than
1 year Fair value
Forward foreign exchange contracts:
Sell:
Japanese ¥ Interest Income
¥4 – ¥0 $ 45 – $3
Total
– – ¥0 – – $3
The method to determine fair values is based on quotations obtained from financial institutions.
52
MITSUBISHI MOTORS CORPORATION Annual Report 2010MITSUBISHI MOTORS CORPORATION Annual Report 2010