Suzuki 2005 Annual Report Download - page 38

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(a) Outline of an adopted retirement benefit system
In the case of the Company, as a defined benefit plan, Employee Pension Fund,
Approved Retirement Annuity System and Termination Allowance Plan are established.
(b) Items related to a retirement benefit obligation
(c) Items related to retirement benefit cost
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
SUZUKI MOTOR CORPORATION
−38−
7. Accrued retirement and severance benefits
a. Retirement benefit obligation
b. Pension assets
c.
Unrecognized retirement benefit obligation (a+b)
d.
Unrecognized difference by an actuarial calculation
e.
Unrecognized prior service cost (decrease of liabilities)
f.
Accrued retirement and severance benefits (c+d+e)
$(1,056,530)
510,284
$
(546,246)
141,262
(90,694)
$
(495,678)
￥
(114,489)
52,834
￥ (61,655)
16,739
(10,458)
￥ (55,374)
￥(113,460)
54,799
￥ (58,661)
15,170
(9,739)
￥ (53,230)
2005 2005
2004
Millions of
yen Thousands of
U.S. dollars
Remarks: 1) The premium retirement allowance paid on a temporary basis is not included.
     2) Some of subsidiaries adopt simplified methods for the calculation
      of retirement benefits.
a. Service cost
b. Interest cost
c. Assumed return on investment
d. Amortized amount of actuarial difference
e. Amortized amount of prior service cost
f. Retirement benefit cost (a+b+c+d+e)
g. Loss from the withdrawal from Employees
Pension Funds of some subsidiaries
h. Total (f+g)
$56,806
13,692
(956)
9,584
(6,692)
$72,434
￥6,077
2,033
(722)
1,858
(313)
￥ 8,934
￥6,100
1,470
(102)
1,029
(718)
￥7,778
2005 2005
2004
Millions of
yen Thousands of
U.S. dollars
(826)
$71,608
1,684
￥10,618
(88)
￥7,689
Remarks: The retirement benefit cost of subsidiaries where simplified methods are
adopted is accounted for "a. Service cost".