Sharp 2006 Annual Report Download - page 46

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45
5. Short-term Borrowings and Long-term Debt
The weighted average interest rates of short-term borrowings
as of March 31, 2005 and 2006 were 1.1% and 1.2%, respectively.
The Company and its consolidated subsidiaries have had no diffi-
culty in renewing such loans when they have considered such renewal
advisable.
Bank loans........................................................................................................
Banker’s acceptances payable .........................................................................
Commercial paper.............................................................................................
Current portion of long-term debt......................................................................
$ 732,992
612
1,496,698
192,069
$ 2,422,371
¥ 85,027
71
173,617
22,280
¥ 280,995
¥ 105,190
80
165,737
93,544
¥ 364,551
Long-term debt as of March 31, 2005 and 2006 consisted of the following:
0.0%—6.2% unsecured loans principally from banks, due 2005 to 2018..........
2.00% unsecured straight bonds, due 2005......................................................
1.65% unsecured straight bonds, due 2005......................................................
0.57% unsecured straight bonds, due 2007......................................................
0.62% unsecured straight bonds, due 2010......................................................
0.97% unsecured straight bonds, due 2012......................................................
0.05%—1.47% unsecured Euroyen notes issued by
a consolidated subsidiary, due 2005 to 2013.................................................
6.00% mortgage loans for employees’ housing from a
government-sponsored agency, due 2005 to 2009........................................
0.48%—0.93% payables under securitized lease receivables, due 2005 to 2011
.......
Less-Current portion included in short-term borrowings....................................
$ 919,327
—
—
431,034
258,621
172,414
187,931
17
305,009
2,274,353
(192,069)
$ 2,082,284
¥ 106,642
—
—
50,000
30,000
20,000
21,800
2
35,381
263,825
(22,280)
¥ 241,545
¥ 94,567
30,000
10,000
50,000
—
—
28,400
3
41,438
254,408
(93,544)
¥ 160,864
200620062005
Yen
(millions) U.S. Dollars
(thousands)
200620062005
Yen
(millions) U.S. Dollars
(thousands)
Short-term borrowings including current portion of long-term debt as of March 31, 2005 and 2006 consisted of the following: