Olympus 2009 Annual Report Download - page 56

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54
Millions of yen
Thousands of
U.S. dollars
(Equivalent amount) 2009 2008 2009
Acquisition cost ........................................................................................................... ¥ 9,739 ¥ 10,744 $ 102,516
Accumulated depreciation ........................................................................................... (5,671) (4,680) (59,695)
Accumulated loss on impairment ................................................................................. (35) — (368)
Estimated net book value ............................................................................................. ¥ 4,033 ¥ 6,064 $ 42,453
Millions of yen
Thousands of
U.S. dollars
(Lease payments and pro forma information) 2009 2008 2009
Lease payments ........................................................................................................... ¥ 2,881 ¥ 2,612 $ 30,326
Equivalent of depreciation expense .............................................................................. 2,707 2,434 28,495
Equivalent of interest expense ..................................................................................... 191 194 2,011
Loss on impairment ...................................................................................................... 35 — 368
Equivalent of depreciation expense is computed using the straight-line method over the lease terms assuming no residual value.
Equivalent of interest expense is computed using the interest rate method over the lease terms for the difference between acquisition cost
and total lease payments.
Future minimum lease payments under the non-cancelable operating leases having remaining terms in excess of one year as of March
31, 2009 were as follows:
Millions of yen
Thousands of
U.S. dollars
2009 ........................................................................................................................................................ ¥ 46 $ 484
2010 and thereafter ................................................................................................................................. 23 242
Total minimum lease payments ............................................................................................................... ¥ 69 $ 726
FINANCE LEASE TRANSACTIONS (LESSOR):
Leased Investment Assets
Millions of yen
Thousands of
U.S. dollars
Current Assets 2009 2008 2009
Lease receivables ......................................................................................................... ¥ 13,684 ¥ — $ 144,042
Estimated residual value .............................................................................................. 1,282 — 13,495
Interest income ............................................................................................................ (3,086) — (32,484)
Leased investment assets ............................................................................................ ¥ 11,880 ¥ — $ 125,053
Millions of yen
Thousands of
U.S. dollars
Investment and Other Assets( Equivalent amount) 2009 2008 2009
Lease receivables ......................................................................................................... ¥ 16,698 ¥ — $ 175,768
Estimated residual value .............................................................................................. 3,602 — 37,916
Interest income ............................................................................................................ (4,248) — (44,716)
Leased investment assets ............................................................................................ ¥ 16,052 ¥ — $ 168,968
Amounts of lease receivables and leased investment assets to be collected after the consolidated closing date are as follows.
As of March 31, 2009 Millions of yen
Thousands of
U.S. dollars
Current Assets 2009 2008 2009
2010 ............................................................................................................................. ¥ 13,609 ¥ — $ 143,253
2011 ............................................................................................................................. 21 — 221
2012 ............................................................................................................................. 21 — 221
2013 ............................................................................................................................. 21 — 221
2014 ............................................................................................................................. 12 — 126
Thereafter .................................................................................................................... — — —