Fujitsu 2001 Annual Report Download - page 36

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34
Retirement benefits (Note 10)
Under IAS No.19, the period of amortizing the unrecognized net obligation upon application of a new accounting
standard should be less than five years.
The accounting procedure for this amortization is indicated in Note 10.
Had IAS been applied, the significant effects on the financial statements would have been as follows. The effect of
retirement benefit plans for the year ended March 31, 2001 is not available. Instead, the unamortized amount of the
unrecognized net obligation upon the application of the new accounting standard is disclosed in Note 10.
Please refer the corresponding note for details of the other items.
Yen U.S. Dollars
(millions) (thousands)
Amount of significant effects on consolidated financial statements 2000 2001 2001
Detachable stock purchase warrants (Note 9)
Other current liabilities ¥
—
1,971 ¥—$ —
Total shareholders’ equity +1,971 ——
3. U.S. Dollar Amounts
The Company and its consolidated subsidiaries in Japan maintain their books of account in yen. The U.S. dollar
amounts included in the accompanying consolidated financial statements and the notes thereto represent the arithmetic
results of translating yen into U.S. dollars at ¥124= US$1, the approximate rate of exchange prevailing on March 31,
2001.
The U.S. dollar amounts are presented solely for the convenience of the reader and the translation is not intended to
imply that the assets and liabilities which originated in yen have been or could readily be converted, realized or settled
in U.S. dollars at the above or any other rate.
4. Marketable Securities
At March 31, 2001, marketable securities included in short-term investments and other investments and long-term
loans are as follows.
Yen U.S. Dollars
(millions) (thousands)
2001 2001
Held-to-maturity investments
Carrying value (Amortized cost) ¥3,851 $ 31,056
Market value 3,892 31,387
Net unrealized gain ¥41 $ 331
Available-for-sale securities
Acquisition costs ¥111,887 $ 902,315
Carrying value (Market value) 145,527 1,173,605
Net unrealized gain ¥ 33,640 $ 271,290
Prior to and for the year ended March 31, 2000, marketable securities included in short-term investments and other
investments and long-term loans had been stated at the lower of cost or market, cost being determined by the moving
average method.
At March 31, 2000, the carrying value and the fair market value of marketable securities are as follows.
Yen
(millions)
2000
Carrying value ¥ 124,771
Market value 241,272
Net unrealized gain ¥ 116,501
Notes to C onsolidated Financial S tatements