Oki 2010 Annual Report Download - page 44
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Please find page 44 of the 2010 Oki annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.40 Annual Report 2010
The aggregate annual maturities of long-term debt subsequent to March 31, 2010 are summarized as follows:
2011
2012
2013
2014
2015 and thereafter
Total
Millions of yen
Thousands of
U.S. dollars
¥ 61,307
34,479
7,898
1,896
763
¥ 106,344
$ 659,215
370,741
84,924
20,387
8,204
$ 1,143,483
The Group has access to substantial sources of funds at numerous banks worldwide. Total unused credit available to the Group at March
31, 2010 was ¥45,100 million ($484,946 thousand).
7. RETIREMENT BENEFITS
The Company and domestic consolidated subsidiaries have a noncontributory defined benefit pension plan and lump-sum retirement pay-
ment plans which cover substantially all employees who terminate their employment with the Group. Certain overseas consolidated
subsidiaries have defined benefit and defined contribution pension plans. In addition, the Company has contributed certain securities to a
pension trust in a lump-sum retirement payment plans. Furthermore, eligible employees, upon termination of their employment with the
Group, may receive certain additional payments under the plans.
The Company and 30 domestic consolidated subsidiaries joined the OKI Pension Fund which was established on January 1, 2005.
The following is a summary of the plans at March 31, 2010 and 2009:
Projected benefit obligation
Fair value of plan assets
Funded status
Transition differences arising from initial adoption of new accounting
standard for retirement benefits
Unrecognized actuarial gain or loss
Unrecognized prior service cost
Obligation recognized in the consolidated balance sheets
Prepaid pension cost
Allowance for retirement benefits
2010 2009 2010
¥(139,227)
65,439
(73,788)
17,990
24,129
(7,987)
(39,655)
—
¥ (39,655)
¥ (138,307)
61,105
(77,202)
21,591
29,938
(8,854)
(34,526)
—
¥ (34,526)
$(1,497,064)
703,645
(793,419)
193,440
259,451
(85,881)
(426,397)
—
$ (426,397)
Millions of yen
Thousands of
U.S. dollars
(1) Certain domestic consolidated subsidiaries have applied a simplified method, as permitted, to calculate their projected benefit obligation.
(2) The above “Allowance for retirement benefits” does not include the “allowance for retirement benefits to directors and statutory audi-
tors.” Therefore, it differs from the retirement benefits reported in the accompanying consolidated balance sheets.
Year ending March 31,