Sustained Innovation and Creativity - Toyota Industries Corporation

(2) Operating leases (as a lessee)Pro forma future lease payments under operating leases as of March 31, 2006 and 2005 are as follows:Due within 1 year ¥ 4,367 ¥ 4,165 $ 37,175Due after 1 year 12,273 17,392 104,478Total ¥16,640 ¥21,557 $141,6532006Millions of yen2005Thousands of U.S. dollars2006(3) Finance leases (as a lessor) which do not transfer ownership of leased properties to lessees(a) Information regarding leased properties such as acquisition cost and accumulated depreciation under fi nance leasesas of March 31, 2006 and 2005 is as follows:Millions of yenThousands of U.S. dollars2006 20052006Machinery and equipment:Acquisition cost ¥7,356 ¥8,928 $62,620Accumulated depreciation 4,030 5,221 34,307Total net leased property ¥3,326 ¥3,707 $28,313(b) Pro forma information regarding future minimum lease income as of March 31, 2006 and 2005 is as follows:Due within 1 year ¥1,256 ¥1,750 $10,692Due after 1 year 3,308 3,167 28,160Total ¥4,564 ¥4,917 $38,852The amount equivalent to future minimum lease income includes the imputed interest income portion because thepercentage which is computed by dividing future minimum lease income by total balance of property, plant andequipment at year-end is immaterial.(c) Total lease receipts and depreciation expenses for the years ended March 31, 2006 and 2005 are as follows:Millions of yenThousands of U.S. dollars2006 20052006Total lease payments to be received ¥1,703 ¥2,351 $14,497Depreciation expenses 1,603 1,830 13,6462006Millions of yen(4) Operating leases (as a lessor)Pro forma information regarding future minimum rentals under operating leases as of March 31, 2006 and 2005 is as follows:Due within 1 year ¥10,722 ¥10,040 $ 91,274Due after 1 year 21,612 16,382 183,979Total ¥32,334 ¥26,422 $275,2532006Millions of yen20052005Thousands of U.S. dollars2006Thousands of U.S. dollars200617. Subsequent eventOn June 22, 2006, the shareholders of the Companyauthorized payment of a year-end cash dividend toshareholders of record as of March 31, 2006 of ¥20(US$0.17) per share, or a total of ¥6,386 million (US$54,363thousand), and bonuses to directors and corporateauditors of ¥301 million (US$2,562 thousand). Cashdividends for the year totaled ¥38 (US$0.32) per share,including a semi-annual dividend of ¥18 (US$0.15).Toyota Industries Corporation Annual Report 200691