Sony 2003 Annual Report Download - page 157

Consolidated Financial Information 2003
- 71 -
Dollars in millions (Note 3)
Accumulated
Subsidiary Additional other Treasury
tracking Common paid-in Retained comprehensive stock, at
stock stock capital earnings income cost Total
Balance at March 31, 2002. . . . . . . . . . . . . . . . . . . . $33 $3,935 $8,069 $10,077 $(2,297) $(63) $19,754
Conversion of convertible bonds . . . . . . . . . . . . . . 11 2
Stock issued under exchange offering (Note 16) . 132 132
Comprehensive income:
Net income . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 963 963
Other comprehensive income, net of tax (Note 16) –
Unrealized gains on securities:
Unrealized holding gains or losses arising
during the period . . . . . . . . . . . . . . . . . . . . (80) (80)
Less: Reclassification adjustment for gains
or losses included in net income . . . . . . 35 35
Unrealized losses on derivative instruments:
Unrealized holding gains or losses arising
during the period . . . . . . . . . . . . . . . . . . . . (37) (37)
Less: Reclassification adjustment for gains
or losses included in net income. . . . . . 3 3
Minimum pension liability adjustment . . . . . . . . (922) (922)
Foreign currency translation adjustments :
Translation adjustments arising during
the period. . . . . . . . . . . . . . . . . . . . . . . . . . . (700) (700)
Less: Reclassification adjustment for losses
included in net income. . . . . . . . . . . . .. 64 64
Total comprehensive income . . . . . . . . . . . . . . . . . (674)
Stock issue costs, net of tax . . . . . . . . . . . . . . . . . . (0) (0)
Dividends declared . . . . . . . . . . . . . . . . . . . . . . . . . (192) (192)
Purchase of treasury stock . . . . . . . . . . . . . . . . . . . (15) (15)
Reissuance of treasury stock . . . . . . . . . . . . . . . . . . 0 0 0
Balance at March 31, 2003 . . . . . . . . . . . . . . . . . . . $33 $3,936 $8,202 $10,848 $(3,934) $(78) $19,007
The accompanying notes are an integral part of these statements.