Canon 2013 Annual Report Download - page 74

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Strategy FINANCIAL SECTION
72 Corporate DataBusiness Segment Corporate Structure
Contributions
Canon expects to contribute ¥13,589 million ($129,419 thousand) to its Japanese defined benefit pension plans and ¥7,060
million ($67,238 thousand) to its foreign defined benefit pension plans for the year ending December 31, 2014.
Estimated future benefit payments
The following benefit payments, which reflect expected future service, as appropriate, are expected to be paid:
Year ending December 31: Japanese plans Foreign plans
Millions of yen
Thousands of
U.S. dollars Millions of yen
Thousands of
U.S. dollars
2014 ¥ 16,846 $ 160,438 ¥ 11,782 $ 112,210
2015 18,489 176,086 11,417 108,733
2016 20,242 192,781 12,144 115,657
2017 21,713 206,790 12,713 121,076
2018 23,688 225,600 13,322 126,876
2019–2023 153,224 1,459,276 78,655 749,095
12. INCOME TAXES
Domestic and foreign components of income before income taxes and the current and deferred income tax expense (benefit)
attributable to such income are summarized as follows:
Years ended December 31 Millions of yen
Japanese Foreign Total
2013: Income before income taxes ¥ 251,351 ¥ 96,253 ¥ 347,604
Income taxes:
Current ¥ 75,134 ¥ 16,163 ¥ 91,297
Deferred 4,005 12,786 16,791
¥ 79,139 ¥ 28,949 ¥ 108,088
2012: Income before income taxes ¥ 257,640 ¥ 84,917 ¥ 342,557
Income taxes:
Current ¥ 73,573 ¥ 29,052 ¥ 102,625
Deferred 13,900 (6,413) 7,487
¥ 87,473 ¥ 22,639 ¥ 110,112
2011: Income before income taxes ¥ 287,592 ¥ 86,932 ¥ 374,524
Income taxes:
Current ¥ 67,671 ¥ 23,615 ¥ 91,286
Deferred 21,047 8,082 29,129
¥ 88,718 ¥ 31,697 ¥ 120,415
Thousands of U.S. dollars
Japanese Foreign Total
2013: Income before income taxes $ 2,393,819 $ 916,695 $ 3,310,514
Income taxes:
Current $ 715,562 $ 153,933 $ 869,495
Deferred 38,143 121,771 159,914
$ 753,705 $ 275,704 $ 1,029,409