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(2) Interest rate contracts: 

(a) As of March 31, 2003: 

<img src='content_image/242.jpg'>

(b) As of March 31, 2002: 

<img src='content_image/240.jpg'>

Method to determine fair value is based on quotations obtained from financial institutions. 

Derivative financial instruments, principally forward exchange contracts and currency and interest swaps, that qualify as a hedge and are accounted for using the deferred hedge accounting method, are excluded from the above table according to the disclosure requirements. 

