Nikon 2014 Annual Report Download - page 75

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Derivative transactions to which hedge accounting was not applied at March 31, 2013 and 2014 were as follows:
Millions of Yen
Contract
Amount
Contract
Amount Due
after One Year Fair Value
Unrealized
(Loss) Gain
2013
F orward exchange
contracts:
Selling USD ¥ 9,309 ¥ (23) ¥ (23)
Selling EUR 27,121 (1,336) (1,336)
Selling Other 15,857 (1,109) (1,109)
Buying JPY (6) 0 0
Buying USD (5,922) (28) (28)
Buying EUR (5,823) (167) (167)
Buying Other (643) 5 5
Total ¥(2,658)
Currency swap contracts:
Y en receipt,
Brazil Real payment ¥ 1,153 ¥ 477 ¥ (45) ¥ (45)
Y en receipt,
Thai Baht payment 11,416 10,387 (2,150) (2,150)
Total ¥(2,195)
Millions of Yen Thousands of U.S. Dollars
Contract
Amount
Contract
Amount Due
after One Year Fair Value
Unrealized
(Loss) Gain Contract Amount
Contract
Amount Due
after One Year Fair Value
Unrealized
(Loss) Gain
2014 2014
F orward exchange
contracts:
Selling USD ¥ 33,421 ¥ (13) ¥ (13) $ 324,370 $ (123) $ (123)
Selling EUR 12,820 (340) (340) 124,559 (3,302) (3,302)
Selling Other 27,608 (110) (110) 268,249 (1,078) (1,078)
Buying JPY (69) (1) (1) (675) (8) (8)
Buying USD (13,992) 87 87 (135,949) 843 843
Buying EUR (20) (0) (0) (190) (1) (1)
Buying Other (144) 0 0 (1,403) 1 1
Total ¥ (377) $ (3,668)
Currency swap contracts:
Y en receipt,
Brazil Real payment ¥ 1,142 ¥ 666 ¥ 9 ¥ 9 $ 11,098 $ 6,466 $ 83 $ 83
Y en receipt,
Thai Baht payment 10,387 7,533 (1,902) (1,902) 100,920 73,147 (18,479) (18,479)
Total ¥(1,893) $(18,396)
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 the case of transacting zero cost option contracts, only the fair value and unrealized loss (gain) corresponding to option premiums are shown.
(3) Currency swap contracts:
The fair values of derivative transactions are based on information provided by financial institutions.
The currency swap amounts are notional amounts, which are shown in the above table, and do not represent the amounts exchanged by the parties and do not measure the
Group’s exposure to credit or market risk.
73
NIKON REPORT 2014