Konica Minolta 2015 Annual Report Download - page 118

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(2) Share premium
Under the Companies Act of Japan (“Companies Act”), at least 50% of the proceeds of certain issues of common shares shall be
credited to share capital. The remainder of the proceeds shall be credited to share premium. The Companies Act permits, upon
approval at the general meeting of shareholders, the transfer of amounts from additional paid-in capital to share capital.
(3)Retained earnings
The Companies Act provides that a 10% dividend of retained earnings shall be appropriated as additional paid-in capital or as a
legal reserve until the aggregate amount of the additional paid-in capital and the legal reserve equals 25% of share capital. The legal
reserve may be used to eliminate or reduce a deficit or be transferred to retained earnings upon approval at the general meeting of
shareholders.
(4)Other Components of Equity
(Note 1) Remeasurements of defined benefit pension plans are differences in return on plan assets and interest income on plan assets due to
differences between actuarial assumptions at the start of the year and actual results.
(Note 2) Net gain (loss) on revaluation of financial assets measured at fair value through OCI is cumulative in nature.
(Note 3) Net gain (loss) on derivatives designated as cash flow is that the effective portion of the cumulative differences in fair value of derivative
transactions designated as cash flow hedges.
(Note 4) Exchange differences on translation of foreign operations are exchange differences resulting from the translation of financial statements of
foreign operations and exchange differences on the net investment hedge on foreign operations.
(Note 5) Share of other comprehensive income of associates accounted for using the equity method includes the cumulative net gain (loss) on
revaluation of financial assets measured at fair value held by associates.
Millions of yen
Remeasurements
of defined benefit
plans (Note 1)
Net gain (loss) on
revaluation of
financial assets
measured at fair
value through other
comprehensive
income (Note 2)
Net gain (loss) on
derivatives
designated as
cash flow hedges
(Note 3)
Exchange
differences on
translating foreign
operations (Note 4)
Share of other
comprehensive
income of
investments
accounted for
using the equity
method (Note 5)
Total
Balance at April 1,
2013 ¥ - ¥3,322 (¥163) ¥ - (¥7) ¥ 3,150
Increase (decrease) (1,428) 1,776 187 22,999 2 23,537
Transfer to retained
earnings 1,428 (16) - - - 1,411
Balance at March 31,
2014 - 5,081 23 22,999 (4) 28,100
Increase (decrease) (222) 3,840 (348) 15,022 5 18,297
Transfer to retained
earnings 222 (714) - - - (492)
Balance at March
31, 2015 ¥ - ¥8,207 (¥324) ¥38,022 ¥0 ¥45,905
Thousands of U.S. dollars
Remeasurements
of defined benefit
plans
Net gain (loss) on
revaluation of
financial assets
measured at fair
value through other
comprehensive
income
Net gain (loss) on
derivatives
designated as
cash flow hedges
Exchange
differences on
translating foreign
operations
Share of other
comprehensive
income of
investments
accounted for
using the equity
method
Total
Balance at March 31,
2014 $ - $42,282 $ 191 $191,387 ($33) $233,835
Increase (decrease) (1,847) 31,955 (2,896) 125,006 42 152,259
Transfer to retained
earnings 1,847 (5,942) - - - (4,094)
Balance at March
31, 2015 $ - $68,295 ($2,696) $316,402 $ 0 $382,000
117
KONICA MINOLTA, INC. Annual Report 2015
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