Ricoh 2007 Annual Report Download - page 53

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52
ANNUAL REPORT 2007
To Our Shareholders and
Customers
Highlights
Corporate Governance Business Strategy
CSR
Environmental Management
Financial Section Brand Strategy
Thousands of
Millions of Yen U.S. Dollars
2006
2007 2007
Change in plan assets:
Fair value of plan assets at beginning of year ¥ 237,500
¥ 294,936 $2,499,458
Actual return on plan assets 49,560
6,889 58,381
Employer contribution 13,853
14,725 124,788
Plan participants’ contributions 517
682 5,780
Settlement
-
(57) (483)
Benefits paid (9,855)
(10,924) (92,576)
Foreign exchange impact 3,361
7,957 67,432
Plan assets acquired in connection with business acquisition
-
6,372 54,000
Fair value of plan assets at end of year ¥ 294,936
¥320,580 $2,716,780
Funded status ¥ (73,877)
¥ (77,391) $ (655,856)
Amounts recognized in the consolidated balance sheets as of March 31, 2007 consist of:
Thousands of
Millions of Yen U.S. Dollars
Lease deposits and other ¥ 25,161 $213,229
Accrued expenses and other (4,414) (37,407)
Accrued pension and severance costs (98,138) (831,678)
Net amount recognized ¥(77,391) $(655,856)
Amounts recognized in accumulated other comprehensive income as of March 31, 2007 consist of:
Thousands of
Millions of Yen U.S. Dollars
Net actuarial loss ¥ 64,990 $550,763
Prior service cost (50,232) (425,695)
Net asset at transition, net of amortization (82) (695)
Net amount recognized ¥ 14,676 $124,373
The funded status as of March 31, 2006, reconciled to the net amount
recognized in the consolidated balance sheet at that date, is
summarized as follows:
Millions of Yen
Funded status ¥(73,877)
Unrecognized net actuarial loss 64,714
Unrecognized prior service cost (54,212)
Unrecognized net asset at transition, net of amortization (533)
Net amount recognized ¥(63,908)
Amounts recognized in the consolidated balance sheets as of March 31, 2006
consist of:
Millions of Yen
Prepaid benefit cost ¥ 18,170
Accrued benefit liability (94,765)
Intangible assets 55
Accumulated other comprehensive income (loss) 12,632
Net amount recognized ¥(63,908)