Suzuki 2002 Annual Report Download - page 30

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SUZUKI MOTOR CORPORATION
28
The 2.1 percent convertible bonds outstanding as of March 31, 2002 may be redeemed at the option of the
Company, in whole or in part, at price of 100 percent of the principal amount under certain conditions as
provided in the applicable agreement.
The 2.1 percent convertible bonds are convertible into common stock at the options of holders at the
conversion price of ¥605.1 per share, after giving effect to the new shares issued to General Motors of Canada
Limited on January 18, 2001.
The zero coupon convertible bonds are convertible into common stock at the options of holders at the
conversion price of ¥2,000 per share.
If the outstanding convertible bonds were fully converted as of March 31, 2002, approximately 17,231,000
additional shares of common stock would be issued.
As is customary in Japan, both short-term and long-term bank loans are subject to general agreements
which provide that the banks may, under certain circumstances, request additional security for those loans,
and may treat any security furnished to the banks, as well as cash deposited with them, as security for all
present and future indebtedness.
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
Assets pledged as collateral as of March 31, 2002: Millions of Thousands of
yen U.S. dollars
Investment in securities .................................................................... ¥ 214 $ 1,612
Inventories ........................................................................................ 702 5,269
Property, plant and equipment ......................................................... 3,204 24,046
¥4,121 $30,927