Sony 2003 Annual Report Download - page 196
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Consolidated Financial Information 2003
- 110 -
The components of net pension and severance costs, which exclude employee termination benefits paid in
restructuring activities, for the years ended March 31, 2001, 2002 and 2003 were as follows:
Japanese plans:
Yen in millions
Dollars in
millions
Year ended March 31
Year ended
March 31,
2001 2002 2003 2003
Service cost ¥46,400 ¥48,609 ¥47,884 $399
Interest cost 19,040 21,232 20,857 174
Expected return on plan assets (26,216) (26,286) (25,726) (214)
Amortization of net transition asset (375) (375) (375) (3)
Recognized actuarial loss 7,447 12,639 20,655 172
Amortization of prior service cost 783 611 (939) (8)
Gains on curtailments and settlements − − (1,380) (12)
Net periodic benefit cost ¥47,079 ¥56,430 ¥60,976 $508
Foreign plans:
Yen in millions
Dollars in
millions
Year ended March 31
Year ended
March 31,
2001 2002 2003 2003
Service cost ¥14,899 ¥15,161 ¥13,954 $116
Interest cost 6,805 7,944 8,478 71
Expected return on plan assets (6,492) (7,416) (7,319) (61)
Amortization of net transition asset (36) (87) (47) (0)
Recognized actuarial (gain) loss 555 (351) 1,452 12
Amortization of prior service cost (341) 848 (208) (2)
Gains on curtailments and settlements − − (460) (4)
Net periodic benefit cost ¥15,390 ¥16,099 ¥15,850 $132