Toshiba 2011 Annual Report Download - page 120

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54
Notes to Consolidated Financial Statements
Toshiba Corporation and Subsidiaries
March 31, 2011
Cash flow hedge:
Thousands of U.S. dollars
Amount of gain (loss)
recognized in OCI
Amount of gain (loss)
reclassified from accumulated
OCI into income (loss)
Amount of gain (loss)
recognized in income (loss)
(Ineffective portion and
amount excluded
from effectiveness testing)
Amount
recognized Location Amount
recognized Location Amount
recognized
Forward exchange contracts $ 26,277 Other income $ 16,325 Other income $ 3,422
Interest rate swap agreements (7,916) Other expense (29,277) Other income 96
Derivatives not designated as hedging instruments:
Thousands of U.S. dollars
Amount of gain (loss)
recognized in income (loss)
Location Amount
recognized
Forward exchange contracts Other income $ 19,410
Currency options Other income 1,952
The effect of derivative instruments on the consolidated statements of income for the year ended March 31, 2010 is as
follows:
Cash flow hedge:
Millions of yen
Amount of gain (loss)
recognized in OCI
Amount of gain (loss)
reclassified from accumulated
OCI into income (loss)
Amount of gain (loss)
recognized in income (loss)
(Ineffective portion and
amount excluded
from effectiveness testing)
Amount
recognized Location Amount
recognized Location Amount
recognized
Forward exchange contracts ¥ 922 Other expense ¥ (58) Other income ¥ 1,681
Interest rate swap agreements (1,357) Other expense (2)
Derivatives not designated as hedging instruments:
Millions of yen
Amount of gain (loss)
recognized in income (loss)
Location Amount
recognized
Forward exchange contracts Other income ¥ 1,676
Currency options Other expense (162)
22. LEASES
The Group leases manufacturing equipment, office and warehouse space, and certain other assets under operating leases.
Rent expenses under such leases for the years ended March 31, 2011 and 2010 were ¥147,760 million ($1,780,241 thousand)
and ¥150,780 million, respectively.
The Group also leases certain machinery and equipment which are accounted for as capital leases. As of March 31, 2011
and 2010, the costs under capital leases were approximately ¥75,400 million ($908,434 thousand) and ¥90,300 million, and
the related accumulated amortization were approximately ¥31,700 million ($381,928 thousand) and ¥34,500 million,
respectively.
As of March 31, 2011 and 2010, the costs under capital leases from TFC and Toshiba Medical Finance Co., Ltd., affiliates
of the Company, were approximately ¥47,800 million ($575,904 thousand) and ¥61,100 million, and the related accumulated
amortization were approximately ¥22,100 million ($266,265 thousand) and ¥23,700 million, respectively.
Minimum lease payments for the Group’s capital and non-cancelable operating leases as of March 31, 2011 are as follows: