Nikon 1999 Annual Report Download - page 22

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20
4. INVENTORIES
Inventories at March 31, 1999 and 1998 consisted of the following: Thousands of
Millions of Yen U.S. Dollars
1999 1998 1999
Finished and semi–finished products ¥ 62,401 ¥ 66,210 $ 517,636
Work in process 72,354 75,482 600,203
Raw materials and supplies 15,821 12,675 131,241
¥150,576 ¥154,368 $1,249,080
5. PLEDGED ASSETS
The following assets were pledged as collateral at March 31, 1999: Thousands of
Millions of Yen U.S. Dollars
Notes and accounts receivable–trade ¥14,807 $122,835
Property, plant and equipment (net of accumulated depreciation) 510 4,237
Marketable securities and investments in securities 10,508 87,168
¥25,826 $214,240
Liabilities secured by the above assets were as follows: Thousands of
Millions of Yen U.S. Dollars
Short-term borrowings ¥ 7,283 $ 60,415
Other current liabilities 282 2,339
Long-term debt, including current portion 7,103 58,930
¥14,668 $121,684
6. SHORT-TERM BORROWINGS
Short-term borrowings at March 31, 1999 and 1998 consisted of the following: Thousands of
Millions of Yen U.S. Dollars
1999 1998 1999
Short-term loans, principally from banks:
1999: 0.49370%-8.00000%
1998: 1.01563%-6.58125% ¥ 74,665 ¥ 64,049 $ 619,376
Commercial paper:
1999: 0.4500%-0.9050%
1998: 0.9060%-1.5600% 32,000 40,000 265,450
¥106,665 ¥104,049 $ 884,826
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