Olympus 2007 Annual Report Download - page 49

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OLYMPUS 2007 47
The amount of trade notes maturing as at March 31, 2007 was as follows:
Thousands of
Millions of yen U.S. dollars
Trade notes receivable ........................................................................................................................ ¥ 580 $ 4,833
Trade notes payable ........................................................................................................................... 1,434 11,950
16. PLEDGED ASSETS
The following assets were pledged as collateral for short-term borrowings and long-term debt as of March 31, 2007 and 2006:
Thousands of
Millions of yen U.S. dollars
2007 2006 2007
Cash and time deposits .............................................................................................. ¥ 596 ¥1,655 $ 4,967
Accounts receivable .................................................................................................. 509 506 4,242
Inventories ............................................................................................................... 306 303 2,550
Buildings and structures.............................................................................................. 2,047 1,781 17,058
Machinery and equipment .......................................................................................... 286 135 2,383
Land ..................................................................................................................... 1,881 1,755 15,675
Investment securities .................................................................................................. 88 — 733
Other assets ............................................................................................................. 30 53 250
¥5,743 ¥6,188 $47,858
The obligations secured by such collateral were as follows:
Thousands of
Millions of yen U.S. dollars
2007 2006 2007
Long-term debt .......................................................................................................... ¥2,327 ¥3,685 $19,392
Short-term borrowings ................................................................................................ 770 501 6,416
¥3,097 ¥4,186 $25,808
17. LOSS ON IMPAIRMENT OF FIXED ASSETS
The loss on impairment of fixed assets that the Company and its consolidated subsidiaries recorded for the years ended March 31, 2007 and
2006 were as follows:
(For the year ended March 31, 2007)
Thousands of
Use Type of assets Location Millions of yen U.S. dollars
Assets used for Life Science Business Goodwill Munster, Germany ¥ 247 $ 2,058
Assets used for Information Goodwill Tokyo, Fukuoka 435 3,625
and Communication Business Building and others 188 1,567
Assets used for others business Goodwill Nagano and others 269 2,242
Machinery and Equipment 24 200
Idle properties Land Nagano 255 2,125
Building 201 1,675
Total ¥1,619 $13,492
(For the year ended March 31, 2006)
Use Type of assets Location Millions of yen
Assets used for Information Consolidated adjustment accounts Tokyo ¥ 1,331
and Communication Business and other intangible assets
Buildings and structures Tokyo and others 32
Assets used for other business Other intangible assets Tokyo 36
Idle properties Land Shiga 12
Total ¥ 1,411