Ricoh 2009 Annual Report Download - page 56

Download and view the complete annual report

Please find page 56 of the 2009 Ricoh annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 82

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82

55 ANNUAL REPORT 2009
These short-term borrowings included borrowings, principally from
banks, commercial paper and medium-term notes denominated in
foreign currencies amounting to ¥41,413 million and ¥63,474
million ($641,152 thousand) as of March 31, 2008 and 2009,
respectively.
The Company and certain of its subsidiaries enter into the contracts
with financial institutions regarding lines of credit and overdrawing.
Those same financial institutions hold the issuing programs of
commercial paper and medium-term notes. Ricoh had aggregate
lines of credit of ¥784,645 million and ¥664,314 million
($6,710,242 thousand) as of March 31, 2008 and 2009,
respectively. Unused lines of credit amounted to ¥675,959 million
and ¥483,901 million ($4,887,889 thousand) as of March 31, 2008
and 2009, respectively, of which ¥232,023 million and ¥158,386
million ($1,599,859 thousand) related to commercial paper and
¥101,957 million and ¥98,230 million ($992,222 thousand) related
to medium-term notes programs at prevailing interest rates and the
unused portion is available for immediate borrowings.
Short-term borrowings as of March 31, 2008 and 2009 consist of the following:
10. SHORT-TERM BORROWINGS
Long-term indebtedness as of March 31, 2008 and 2009 consists of the followings:
11. LONG-TERM INDEBTEDNESS
Thousands of
Millions of Yen U.S. Dollars
2008
2009 2009
Bonds:
1.34%, straight bonds, payable in yen, due March 2009
¥ 25,000
¥ – $　 –
1.10%, straight bonds, payable in yen, due March 2012
–
20,000 202,020
1.39%, straight bonds, payable in yen, due March 2014
–
50,000 505,051
2.08%, straight bonds, payable in yen, due March 2019
–
15,000 151,515
2.10%, straight bonds, payable in yen, due October 2009 issued by a consolidated subsidiary
10,000
10,000 101,010
1.10%, straight bonds, payable in yen, due March 2010 issued by a consolidated subsidiary
10,000
10,000 101,010
1.30%, straight bonds, payable in yen, due December 2010 issued by a consolidated subsidiary
9,999
9,999 101,000
6.75%, straight bonds, payable in yen, due December 2025 issued by a consolidated subsidiary
–
25,149 254,030
7.30%, straight bonds, payable in yen, due November 2027 issued by a consolidated subsidiary
–
9,058 91,495
Euro Yen Zero Coupon Convertible Bonds, due December 2011
55,202
55,147 557,040
Total bonds
110,201
204,353 2,064,171
Unsecured loans-
Banks and insurance companies, 1.30% weighted average, due through 2017
196,353
375,494 3,792,869
Secured loans-
Banks, insurance companies and other financial institution, 4.73% weighted average, due through 2013
465
13,167 133,000
Capital lease obligations (see Note 2(j))
1,177
1,758 17,758
Total
308,196
594,772 6,007,798
SFAS 133 fair value adjustment
392
213 2,152
Less - Current maturities included in current liabilities
(82,658)
(85,582) (864,465)
¥225,930
¥509,403 $5,145,485
Weighted average
Thousands of
interest rate Millions of Yen U.S. Dollars
2008
2009
2008
2009 2009
Borrowings, principally from banks 1.3%
1.0%
¥ 5,599
¥ 63,127 $ 637,646
Commercial paper 2.3
0.5
67,070
121,083 1,223,061
Medium-Term Notes 3.5
–
3,114
– –
¥75,784
¥184,210 $1,860,707