Yamaha 2009 Annual Report Download - page 69

Download and view the complete annual report

Please find page 69 of the 2009 Yamaha 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 84

  • 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
  • 83
  • 84

Finance Lease Transactions in Which Ownership Is Not Transferred to the Lessee Commencing on or Before March 31, 2008
(1) Amounts related to leased assets corresponding to the acquisition cost, accumulated depreciation and net book value at the
end of the fiscal year
Millions of Yen Thousands of U.S. Dollars (Note 3)
As of March 31, 2009 Buildings and
structures
Tools, furniture,
and fixtures Other Total
Buildings and
structures
Tools, furniture,
and fixtures Other Total
Acquisition costs ¥2,917 ¥709 ¥50 ¥3,677 $29,696 $7,218 $509 $37,433
Accumulated depreciation 969 394 28 1,391 9,865 4,011 285 14,161
Net book value ¥1,948 ¥315 ¥22 ¥2,285 $19,831 $3,207 $224 $23,262
Amounts corresponding to the acquisition cost include interest expense since the balance of future minimum lease payments accounts
for only a small percentage of property, plant, and equipment as of the balance sheet date.
(2) Amounts corresponding to the future minimum lease payments subsequent to March 31, 2009
Years ending March 31, Millions of Yen
Thousands of
U.S. Dollars
(Note 3)
2010 ¥ 348 $ 3,543
2011 and thereafter 1,936 19,709
Total ¥2,285 $23,262
Amounts corresponding to the future minimum lease payments include interest expense since the balance of future minimum lease
payments accounts for only a small percentage of property, plant and equipment as of the balance sheet date.
(3) Amounts corresponding to the lease payments and depreciation
Year ended March 31, 2009 Millions of Yen
Thousands of
U.S. Dollars
(Note 3)
Lease payments ¥ 375 $ 3,818
Depreciation 375 3,818
(4) Method of calculating the amount of the depreciation of leased assets
Depreciation of leased assets is calculated by straight-line method over the lease period with their residual value zero.
Lessors’ accounting
Operating Lease Transactions
Future minimum lease payments subsequent to March 31, 2009 on uncancellable leases are as follows:
Years ending March 31, Millions of Yen
Thousands of
U.S. Dollars
(Note 3)
2010 ¥ 444 $ 4,520
2011 and thereafter 429 4,367
Total ¥ 873 $ 8,887
Annual Report 2009 67