Nikon 2011 Annual Report Download - page 54

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52
Millions of Yen Thousands of U.S. Dollars
2011 2011
Contract
Amount
Contract
Amount due
after One Year
Fair
Value
Unrealized
Gain (Loss)
Contract
Amount
Contract
Amount due
after One Year
Fair
Value
Unrealized
Gain (Loss)
Forward Exchange Contracts:
Selling USD ¥28,900 ¥ 21 ¥ 21 $347,560 $254 $254
Selling EUR 21,106 (699) (699) 253,834 (8,412) (8,412)
Selling Other 5,425 (91) (91) 65,243 (1,095) (1,095)
Buying JPY 25 (0) (0) (303) (1) (1)
Buying USD 13,791 174 174 (165,851) 2,091 2,091
Buying EUR 3,276 1 1 (39,397) 12 12
Buying Other 686 (7) (7) (8,251) (83) (83)
Total ¥(601) $(7,234)
Currency Option Contracts:
Selling USD ¥ 1,661 $ 19,974
Option Premiums ¥(4) ¥(4) $(44) $(44)
Buying USD 1,661 19,974
Option Premiums 3 3 37 37
Total ¥ (1) $(7)
Notes: Method used to calculate the fair value
1. Forward Exchange Contracts: Forward exchange rates are used for the fair values of forward exchange contracts.
2. Currency Option Contracts: The fair values of derivative transactions are based on information provided by financial institutions.
In case of transacting zero cost option contracts, only the fair value and unrealized loss (gain) corresponding
option premiums are shown.
Derivative transactions to which hedge accounting was applied at March 31, 2010 and 2011 were as follows:
Millions of Yen
March 31, 2010 Hedged Item
Contract
Amount
Contract
Amount due
after One Year
Fair
Value
Foreign currency forward contracts:
Selling USD Receivables ¥10,493 ¥(163)
Selling EUR Receivables 23,309 55
Millions of Yen Thousands of U.S. Dollars
March 31, 2011 Hedged Item
Contract
Amount
Contract
Amount due
after One Year
Fair
Value
Contract
Amount
Contract
Amount due
after One Year
Fair
Value
Foreign currency forward contracts:
Selling USD Receivables ¥ 7,533 ¥ (40) $ 90,597 $ (487)
Selling EUR Receivables 30,282 (1,181) 364,186 (14,198)
Note: Method used to calculate the fair value
1. Forward Exchange Contracts: Forward exchange rates are used for the fair values of forward exchange contracts.