Trend Micro 2010 Annual Report Download - page 30

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32
2. Matters concerning fair values of financial instruments
Consolidated balance sheet amounts, fair values and the differences therein as of
December 31, 2010, (fiscal year end) are as follows.
(Yen in millions)
Consolidated
balance sheet
amounts
Fair values Differences
(1) Cash and bank deposits 73,960 73,960 ―
(2) Notes and accounts
receivable, trade 22,306 22,306 ―
(3) Marketable securities
and investment
securities
57,846 57,846 ―
Total assets 154,114 154,114 ―
(1) Accounts payable and
Notes payable, trade 724 724 ―
(2) Accounts payable, other 4,939 4,939 ―
(3) Accrued expenses 5,810 5,810 ―
(4) Accrued income and
other taxes 6,124 6,124 ―
Total liabilities 17,598 17,598 ―
(Notes) 1. Matters concerning the methods for calculating fair value of financial instruments and
the transactions of marketable securities
Assets
(1) Cash and bank deposits, (2) Notes and accounts receivable, trade
These assets are recorded at book values as their fair values approximate book values
because of their short-term maturities.
(3) Marketable securities and investment securities
With regard to these assets, fair values of shares are based on the market prices
quoted on stock exchanges, while those of bonds are based on the market prices
quoted on stock exchanges or obtained from the relevant financial institutions.
Liabilities
(1) Accounts payable and Notes payable, trade, (2) Accounts payable, other, (3) Accrued
expenses, (4) Accrued income and other taxes
These liabilities are recorded at book values as their fair values approximate book
values because of their short-term maturities.
2. As it is believed to be extremely difficult to determine the fair values of unlisted equity
securities and bonds (with a consolidated balance sheet amount of 2,237 million yen),
which have no market prices and for which estimation of future cash flows is impossible,
these items are not included in “(3) Marketable securities and investment securities.”
(Additional information)
Effective from this fiscal year, the “Accounting Standard for Financial Instruments” (ASBJ
Statement No. 10; March 10, 2008) and the “Guidance on Disclosures about Fair Value of
Financial Instruments” (ASBJ Statement Guidance No. 19; March 10, 2008) have been applied.