Pioneer 2008 Annual Report Download - page 51

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Annual Report 2008 49
12. Short-term borrowings and long-term debt:
Short-term borrowings at March 31, 2007 and 2008 are comprised of the following:
Millions of Yen
Thousands of
U.S. Dollars
2007 2008 2008
Bank loans:
Weighted-average interest rate of 1.91% at March 31, 2007
and 1.50% at March 31, 2008:
Collateralized ¥ 2,391 ¥ 276 $ 2,760
Uncollateralized 9,637 14,536 145,360
Total ¥12,028 ¥14,812 $148,120
Long-term debt at March 31, 2007 and 2008 are comprised of the following:
Millions of Yen
Thousands of
U.S. Dollars
2007 2008 2008
Loans, principally from banks, maturing serially through 2013
with interest ranging from 0.95% to 2.90% at March 31, 2007 and from 0.95%
to 2.90% at March 31, 2008:
Collateralized ¥ 3,272 ¥ 1,628 $ 16,280
Uncollateralized 13,032 10,615 106,150
2.80% uncollateralized bonds due 2008 10,000 10,000 100,000
Zero coupon convertible bonds due 2011, including unamortized issue premium,
¥1,179 million at March 31, 2007 and ¥879 million ($8,790 thousand)
at March 31, 2008 (effective annual rate of 0.5%) 61,179 60,879 608,790
Long-term capital lease obligations, 1.38% to 4.97% at March 31, 2007
and 1.38% to 4.97% at March 31, 2008 due principally 2012 5,102 2,591 25,910
Other 7 – –
Total 92,592 85,713 857,130
Less—Portion due within one year 6,577 13,672 136,720
Total ¥86,015 ¥72,041 $720,410