Mitsubishi 2011 Annual Report Download - page 49

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(i) ¥1,003 million ($12,070 thousand) and ¥1,025 million of other
current assets were pledged based on a liability in a term lease
contract relating to a building with Murata Medical Services, Ltd.
at March 31, 2011 and 2010, respectively. ¥46 million ($553
thousand) and ¥46 million of investments were pledged as col-
lateral for debt of Mizushima Eco-Works Co., Ltd. at 2011 and
2010, respectively.
The following groups of assets of MMC, the Okazaki factory, were
pledged as collateral at March 31, 2011 and 2010, respectively.
(In millions of yen)
(In thousands
of U.S. dollars)
March 31,
2011 2010 2011
Buildings and structures ¥14,703 ¥11,448 $176,833
Machinery and equipment 20,812 11,301 250,302
Tools, furniture and fixtures 301 675 3,624
Land 985 985 11,855
¥36,803 ¥24,411 $442,616
The following groups of assets of MMC, the Mizushima factory,
were pledged as collateral at March 31, 2011 and 2010, respectively.
The amount guaranteed for the loan from The Japan Bank for
International Cooperation to a consolidated subsidiary EQUUS
Leasing B.V. was ¥7,778 million at March 31, 2010.
(In millions of yen)
(In thousands
of U.S. dollars)
March 31,
2011 2010 2011
Buildings and structures ¥ 7,067 ¥ 7,611 $ 84,997
Machinery and equipment 23,841 27,760 286,734
Tools, furniture and fixtures 1,107 890 13,317
Land 2,008 2,008 24,159
¥34,025 ¥38,271 $409,208
The following groups of assets of MMC, the Kyoto factory, were
pledged as collateral at March 31, 2011 and 2010, respectively.
(In millions of yen)
(In thousands
of U.S. dollars)
March 31,
2011 2010 2011
Buildings and structures ¥ 5,406 ¥ 5,731 $ 65,021
Machinery and equipment 17,068 18,430 205,271
Tools, furniture and fixtures 722 812 8,684
Land 2,235 2,235 26,881
¥25,432 ¥27,210 $305,858
The following groups of assets of MMC, the Shiga factory, were
pledged as collateral at March 31, 2011 and 2010, respectively.
(In millions of yen)
(In thousands
of U.S. dollars)
March 31,
2011 2010 2011
Buildings and structures ¥ 2,559 ¥ 2,682 $ 30,780
Machinery and equipment 9,975 11,797 119,964
Land 3,859 3,859 46,416
¥16,393 ¥18,339 $197,161
The following groups of assets of a consolidated subsidiary,
Pajero Manufacturing Corporation, were pledged as collateral at
March 31, 2011 and 2010, respectively.
(In millions of yen)
(In thousands
of U.S. dollars)
March 31,
2011 2010 2011
Buildings and structures ¥2,477 ¥2,537 $29,799
Machinery and equipment 2,702 2,972 32,499
Land 1,540 1,540 18,521
¥6,720 ¥7,049 $80,819
The following groups of assets of a consolidated subsidiary,
Suiryo Plastics Co., Ltd., were pledged as collateral at March 31,
2011 and 2010, respectively.
(In millions of yen)
(In thousands
of U.S. dollars)
March 31,
2011 2010 2011
Buildings and structures ¥ 841 ¥ 918 $10,114
Machinery and equipment 1,028 1,264 12,371
Land 194 194 2,339
¥2,064 ¥2,377 $24,825
The obligations secured by such collateral at March 31, 2011
and 2010 consisted of the following:
(In millions of yen)
(In thousands
of U.S. dollars)
March 31,
2011 2010 2011
Short-term loans payable ¥ 52,051 ¥ 45,159 $ 626,000
Current portion of long-
term debt 16,467 62,318 198,051
Long-term debt 55,827 25,100 671,410
¥124,347 ¥132,578 $1,495,462
MITSUBISHI MOTORS CORPORATION
Annual Report 2011 47