Toyota 2005 Annual Report Download - page 97

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NOTES TO CONSOLIDATED FINANCIAL STATEMENTS >95
13. SHORT-TERM BORROWINGS AND LONG-TERM DEBT
Short-term borrowings at March 31, 2004 and 2005 consist of the following:
U.S. dollars
Yen in millions in millions
March 31, March 31,
2004 2005 2005
Loans, principally from banks, with a weighted-average interest
at March 31, 2004 and March 31, 2005 of 1.29% and 1.58%
per annum, respectively................................................................................................. ¥ 806,508 ¥ 789,801 $ 7,354
Commercial paper with a weighted-average interest
at March 31, 2004 and March 31, 2005 of 1.47% and of 2.81%
per annum, respectively................................................................................................ 1,382,516 1,592,026 14,825
¥2,189,024 ¥2,381,827 $22,179
At March 31, 2005, Toyota has unused short-term lines of
credit amounting to ¥1,617,351 million ($15,061 million)
of which ¥619,387 million ($5,768 million) related to
commercial paper programs. Under these programs, Toyota
is authorized to obtain short-term financing at prevailing
interest rates for periods not in excess of 360 days.
Long-term debt at March 31, 2004 and 2005 comprises the following:
U.S. dollars
Yen in millions in millions
March 31, March 31,
2004 2005 2005
Unsecured loans, representing obligations principally to banks,
due 2004 to 2025 in 2004 and due 2005 to 2025 in 2005
with interest ranging from 0.05% to 16.00% per annum in 2004
and from 0.05% to 27.00% per annum in 2005........................................................... ¥ 669,751 ¥ 894,212 $ 8,327
Secured loans, representing obligations principally to banks,
due 2004 to 2019 in 2004 and due 2005 to 2019 in 2005
with interest ranging from 0.35% to 5.04% per annum in 2004
and from 0.35% to 5.60% per annum in 2005............................................................. 29,307 24,320 226
Medium-term notes of consolidated subsidiaries, due 2004 to 2019 in 2004
and due 2005 to 2035 in 2005 with interest ranging from 0.05% to 7.59%
per annum in 2004 and from 0.01% to 7.59% per annum in 2005............................ 3,027,920 3,447,104 32,099
Unsecured notes of parent company, due 2008 to 2018 in 2004
and due 2008 to 2018 in 2005 with interest ranging from 1.33% to 3.00%
per annum in 2004 and from 1.33% to 3.00% per annum in 2005............................ 500,000 500,000 4,656
Unsecured notes of consolidated subsidiaries, due 2004 to 2031 in 2004
and due 2005 to 2031 in 2005 with interest ranging from 0.27% to 7.00%
per annum in 2004 and from 0.27% to 7.00% per annum in 2005............................ 1,044,875 1,228,929 11,443
Notes payable related to securitized finance receivables structured
as collateralized borrowings .......................................................................................... 23,903 — —
Long-term capital lease obligations, due 2004 to 2017 in 2004
and due 2005 to 2017 in 2005, with interest ranging from 0.37% to 9.33%
per annum in 2004 and from 0.37% to 9.33% per annum in 2005............................ 76,705 71,280 664
5,372,461 6,165,845 57,415
Less–Current portion due within one year .................................................................... (1,125,195) (1,150,920) (10,717)
¥ 4,247,266 ¥ 5,014,925 $ 46,698