Ricoh 2002 Annual Report Download - page 41

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38
Thousands of
U.S. dollars
Fair value
$457,933
135
$458,068
Cost
$451,324
9 0
$451,414
Millions of yen
Fair value
¥ 6 0 ,9 0 5
1 8
¥ 6 0 ,9 2 3
Cost
¥60,026
1 2
¥60,038
Due within one year
Due after one year through five years
Proceeds from the sales of available-for-sale securities were ¥24,534 m illion,
¥93,705 m illion and ¥68,736 m illion ( $516,812 thousand) for the years ended
March 31, 2000, 2001 and 2002, respectively.
The gross realized gains on sales of available-for-sale securities were ¥1,601
million and ¥2,898 million for the years ended March 31, 2000 and 2001, respec-
tively, and there were no significant realized gains on sales of available-for-sale
securities for the year ended March 31, 2002. There were no significant realized
losses on sales of available-for-sale securities for the three years ended March 31,
2002. The loss on securities of ¥2,739 million ( $20,594 thousand) for the years
ended March 31, 2002 was charged to income for declines in m arket value of
available-for-sale securities where the decline was classified as other than tempo-
rary.
In March 2000, the Com pany contributed certain marketable equity securi-
ties, not including those of its subsidiaries and affiliated com panies, to an em-
ployee retirem ent benefit trust fully administered and controlled by an
independent bank trustee, with no cash proceeds thereon. The transfer of the
available-for-sale securities was accounted for as a sale in accordance with SFAS
No. 125 and accordingly the recorded pension liability was reduced by the fair
market value am ount of the transferred securities. The fair value of these securi-
ties at the tim e of contribution was ¥20,760 m illion. The net unrealized gains on
these available-for-sale securities am ounting to ¥13,095 m illion continues to be
included in “Accumulated other comprehensive incom e ( loss) ” on the consoli-
dated balance sheets and will only be reflected in realized gains in the statements
of incom e upon the future sale of the transferred securities by the trustee.
trusts consisting of investment in m arketable debt and equity securities.
The contractual maturities of debt securities classified as available-for-sale as of
March 31, 2002, regardless of their balance sheet classification, are as follows:
Millions of yen
Current:
Japanese and foreign governmental bond securities
Corporate debt securities
Other
Noncurrent:
Equity securities
Corporate debt securities
Other
2001
Fair
value
Gross unreal-
ized holding
losses
Gross unreal-
ized holding
gains
Fair
value
2 0 0 2
Gross unreal-
ized holding
losses
Gross unreal-
ized holding
gainsCost
Cost
¥ 1,007
7,052
54,154
¥62,213
¥16,038
24,190
6,003
¥46,231
¥ —
12
19
¥ 31
¥ 453
53
1,642
¥2,148
¥ 10
2
5
¥ 17
¥ 8,805
2,656
6
¥11,467
¥ 997
7,062
54,168
¥62,227
¥ 7,686
21,587
7,639
¥36,912
¥ —
2 2 ,5 3 1
2 8 ,0 6 8
¥ 5 0 ,5 9 9
¥ 1 3 ,0 1 3
2 6
1 0 ,2 9 8
¥ 2 3 ,3 3 7
¥ —
1 2
—
¥ 1 2
¥ 4 6 9
—
519
¥ 9 8 8
¥ —
1,205
—
¥ 1 ,2 0 5
¥ 6 ,0 2 5
6
205
¥ 6 ,2 3 6
¥ —
2 1 ,3 3 8
2 8 ,0 6 8
¥ 4 9 ,4 0 6
¥ 7 ,4 5 7
2 0
1 0 ,6 1 2
¥ 1 8 ,0 8 9
Thousands of U.S. dollars
Current:
Japanese and foreign governmental bond securities
Corporate debt securities
Other
Noncurrent:
Equity securities
Corporate debt securities
Other
Fair
value
2 0 0 2
Gross unreal-
ized holding
losses
Gross unreal-
ized holding
gainsCost
$ —
1 6 9 ,4 0 6
2 1 1 ,0 3 8
$380,444
$ 9 7 ,8 4 2
195
7 7 ,4 2 9
$175,466
$ —
9 0
—
$ 9 0
$ 3 ,5 2 7
—
3,902
$ 7 ,4 2 9
$ —
9,060
—
$ 9 ,0 6 0
$ 4 5 ,3 0 1
4 5
1 ,5 4 1
$ 4 6 ,8 8 7
$ —
1 6 0 ,4 3 6
2 1 1 ,0 3 8
$371,474
$ 5 6 ,0 6 8
150
7 9 ,7 9 0
$ 1 3 6 ,0 0 8
Other current securities include short term Money Management Funds of
¥38,665 m illion and ¥27,025 m illion ( $203,195 thousand) as of March 31, 2001
and 2002, respectively. Other non-current securities mainly include investm ent