Mitsubishi 2001 Annual Report Download - page 66

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[64] MITSUBISHI MOTORS CORPORATION Annual Report 2001
(d) Pension expenses
Pension expenses for MMC’s and its consolidated subsidiaries’ employees’ retirement defined benefit plans for the
year ended March 31, 2001 are as follows:
In thousands
In millions of yen of U.S. dollars
Service cost ¥14,406 $ 116,271
Interest cost 7,302 58,935
Expected return on plan asset (1,697) (13,697)
Amortization of net retirement benefit obligation at transition 128,370 1,036,077
Amortization of prior service cost (5) (40)
Pension expenses ¥148,377 $1,197,554
[17. Supplemental Disclosures of Cash Flow Information]
Interest and income taxes paid for the year ended March 31, 2001 amounted to ¥23,037 million ($185,932 thousand)
and ¥6,896 million ($55,658 thousand), respectively.
[18. Subsequent Event]
In the three months subsequent to March 31, 2001, no significant events occurred which would require disclosure.