FINANCIAL SECTION Notes to Consolidated Financial Statements At March 31, 2003 and 2004, all derivative financial instruments were stated at fair market value and recorded on the balance sheet. Fair Value of Derivative Financial Instruments: 15. Leases Lessors On September 30, 2004, Fujitsu Leasing Co., Ltd. was shifted from a consolidated subsidiary to an equity method affiliate and no lease payments receivable was consolidated at March 31, 2004. The following is a summary of minimum lease payments receivable, present value, unearned finance income, and accumulated allowance for uncollectible minimum lease payments receivable, under finance leases operated by Fujitsu Leasing Co., Ltd. at March 31, 2003. At March 31, 2003, unearned finance income totaled ·25,525 mill ion and an accumulated allowance for uncollectible minimum lease payments receivable was ·1,012 million. At March 31, 2003, future minimum lease payments received within one year under non-cancelable operating leases amounted ·278 million.  The following is a summary of equivalent amounts of acquisition cost, accumulated depreciation, book value of leased assets, and minimum lease payments required under finance leases, which were recorded in the corresponding asset accounts, at March 31, 2003 and 2004. The following is a summary of future minimum lease payments required under non-cancelable operating leases in the aggregate and for each of the following periods.  50 Lessees Yen U.S. Dollars (millions) (thousands) At March 31 2003 2004 2004 Within one year · 8,672 ·10,821 $ 102,085 Over one year but within five years 16,475 29,955 282,594 Over five years 7,912 20,443 192,859 Total ·33,059 · 61,219 $ 577,538 Yen U.S. Dollars (millions) (thousands) At March 31 2003 2004 2004 Equivalent amounts of acquisition cost ·82,286 · 233,553 $ 2,203,330 Accumulated depreciation 27,085 140,019 1,320,934 Book value of leased assets 55,201 93,534 882,396 Minimum lease payments required Within one year 16,286 30,393 286,727 Over one year but within five years 39,027 67,336 635,245 Over five years 322 2,582 24,358 Total · 55,635 · 100,311 $ 946,330 Yen U.S. Dollars (millions) (thousands) At March 31 2003 2004 2004 Minimum lease payments receivable Within one year · 61,951 ·— Over one year but within five years 113,971 — — Over five years 1,421 — — Total ·177,343 ·— The present value of minimum lease payments receivable Within one year · 52,438 ·— Over one year but within five years 98,156 — — Over five years 1,224 — — Total ·151,818 ·—