Panasonic 2003 Annual Report Download - page 57

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Matsushita Electric Industrial 2003 55
The following table reconciles previously reported net income (loss) and basic and diluted net income (loss) per
share as provisions of SFAS No. 142 were in effect for the years ended March 31, 2002 and 2001.
Millions of yen
2002 2001
Reported net income (loss)............................................................................... ¥(427,779) ¥41,503
Add back: goodwill amortization ...................................................................... 7,190 7,399
Adjusted net income (loss) ................................................................................ ¥(420,589) ¥48,902
Yen
2002 2001
Basic net income (loss) per share:
Reported net income (loss) per share............................................................... ¥(206.09) ¥19.96
Add back: goodwill amortization ...................................................................... 3.46 3.56
Adjusted basic net income (loss) per share ........................................................ ¥(202.63) ¥23.52
Diluted net income (loss) per share:
Reported diluted net income (loss) per share ................................................... ¥(206.09) ¥19.56
Add back: goodwill amortization..................................................................... 3.46 3.36
Adjusted diluted net income (loss) per share..................................................... ¥(202.63) ¥22.92
Acquired intangible assets, excluding goodwill, at March 31, 2003 and 2002 are as follows:
Millions of yen Thousands of U.S. dollars
2003 2002 2003
Gross carrying Accumulated Gross carrying Accumulated Average Gross carrying Accumulated
amount amortization amount amortization
amortization period
amount amortization
Amortizing intangible assets:
Patents................................. ¥ 31,827 ¥ 22,757 ¥041,661 ¥ 29,984 8 years $ 265,225 $189,641
Software .............................. 97,243 40,233 54,755 25,632 3 years 810,358 335,275
Other .................................. 9,822 6,402 11,175 6,338 15 years 81,850 53,350
¥138,892 ¥ 69,392 ¥107,591 ¥ 61,954 $1,157,433 $578,266
Thousands of
Millions of yen U.S. dollars
2003 2002 2003
Non-amortizing intangible assets:
Leasehold ....................................................................................................... ¥1,407 ¥09,620 $11,725
Other ............................................................................................................. 3,903 2,862 32,525
¥5,310 ¥12,482 $44,250
Aggregate amortization expense for amortizing
intangible assets for the year ended March 31, 2003 was
¥17,499 million ($145,825 thousand). Estimated amor-
tization expense for the next five years is: ¥19,506
million ($162,550 thousand) in fiscal 2004, ¥15,305
million ($127,542 thousand) in fiscal 2005, ¥10,646
million ($88,717 thousand) in fiscal 2006, ¥2,909 mil-
lion ($24,242 thousand) in fiscal 2007 and ¥1,599
million ($13,325 thousand) in fiscal 2008.