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53Annual Report 2011Nikon CorporationFinancial Section
Millions of Yen
March 31, 2010 Hedged Item
Contract
Amount
Contract Amount
due after One Year
Interest rate swaps:
(fixed rate payment, floating rate receipt) Long-term debt ¥11,500 ¥1,500
Millions of Yen Thousands of U.S. Dollars
March 31, 2011 Hedged Item
Contract
Amount
Contract Amount
due after One Year
Contract
Amount
Contract Amount
due after One Year
Interest rate swaps:
(fixed rate payment, floating rate receipt) Long-term debt ¥3,200 ¥3,200 $38,485 $38,485
The above interest rate swaps which qualify for hedge accounting and meet specific matching criteria are not remeasured at
market value, but the differential paid or received under the swap agreements is recognized and included in interest expense
or income. In addition, the fair value of such interest rate swaps in Note 14 is included in that of hedged items (i.e., long-term debt).
16. Contingent Liabilities
At March 31, 2011, the Group had the following contingent liabilities:
Millions of Yen
Thousands of
U.S. Dollars
2011 2011
As the guarantor of bank loans and indebtedness, principally of employees,
unconsolidated subsidiaries and associated companies ¥1,660 $19,960
Total ¥1,660 $19,960
17. Comprehensive Income
Total comprehensive loss for the year ended March 31, 2010 comprises the following:
Millions of Yen
2010
Total comprehensive loss attributable to:
Owners of the parent ¥(3,352)
Total comprehensive loss ¥(3,352)
Other comprehensive income for the year ended March 31, 2010 was the following:
Millions of Yen
2010
Other comprehensive income:
Unrealized gain on available-for-sale securities ¥8,560
Deferred gain on derivatives under hedge accounting 885
Foreign currency translation adjustments (352)
Share of other comprehensive income in associates 169
Total other comprehensive income ¥9,262