Integrated Report 2019

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26. Short-Term loans payable, Long-Term loans payable and Other Interest-Bearing DebtsShort-term and long-term loans payable as of March 31, 2019 and 2018 consisted of the following: Millions of yen Thousands ofU.S. dollars20192018Average interest rate2019Short-term loans payable¥ 2,531¥ 2,3512.7%$ 22,805Current portion of long-term loans payable3,0382,9861.1%27,377Long-term loans payable11,62214,3951.0%104,718¥17,192¥19,732—$154,901Note: “Average interest rate” indicates the weighted average interest rate for the closing balance of loans payable as of March 31, 2019.Other interest-bearing debts as of March 31, 2019 and 2018 consisted of the following: Millions of yen Thousands ofU.S. dollars20192018Average interest rate2019Short-term lease obligation¥149¥1882.1%$1,347Long-term lease obligation182216—1,645Notes:i.“Average interest rate” indicates the weighted average interest rate for the closing balance of lease obligations as of March 31, 2019.ii.In lease obligations, “Average interest rate” corresponding to finance leases (that transfers no title to lessee) are not provided because the lease obligations in the consolidated balance sheet represent the amounts before deduction of interest equivalents from total lease payments. Besides, “Average interest rate” for lease obligations presented the above indicates the weighted average interest rate for finance leases (that transfers title to lessee).Planned repayment amounts after the balance sheet date (March 31, 2019) for long-term loans payable and lease obligation are as follows:Millions of yenThousands of U.S. dollars2019Over 1 year within 2 yearsOver 2 years within 3 yearsOver 3 years within 4 yearsOver 4 years within 5 yearsOver 1 year within 2 yearsOver 2 years within 3 yearsOver 3 years within 4 yearsOver 4 years within 5 yearsLong-term loans payable¥9,291¥1,220¥554¥554$83,718$11,000$5,000$5,000Lease obligation80563867265133445927. Subsequent EventThe following distribution of retained earnings was approved at a meeting of the board of directors held on May 9, 2019.Millions of yen Thousands ofU.S. dollars2019Cash dividends (¥39 per share)¥2,816$25,371102LINTEC INTEGRATED REPORT 2019Financial Information