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This excerpt taken from the SNE 20-F filed Jun 22, 2007. Accounting
for consideration given to a customer or a
reseller -
In accordance with the Emerging Issue Task Force
(“EITF”) Issue
No. 01-9,
“Accounting for Consideration Given by a Vendor to a
Customer or Reseller of the Vendor’s Products”, cash
consideration given to a customer or a reseller including
payments for buydowns, slotting fees and cooperative advertising
programs, is accounted for as a reduction of revenue unless Sony
receives an identifiable benefit (goods or services) in exchange
for the consideration, the fair value of the benefit is
reasonably estimated and documentation from the reseller is
received to support the amounts paid to the reseller. Payments
meeting these criteria are recorded as selling, general and
administrative expenses. For the fiscal years ended
March 31, 2005, 2006 and 2007, consideration given to a
reseller, primarily for free promotional shipping and
cooperative advertising programs included in selling, general
and administrative expense totaled 27,946 million yen,
29,489 million yen and 31,933 million yen,
respectively.
This excerpt taken from the SNE 6-K filed Jun 6, 2007. Accounting for consideration given to a customer or a reseller - In accordance with the Emerging Issue Task Force (“EITF”) Issue No. 01-9, “Accounting for Consideration Given by a Vendor to a Customer or Reseller of the Vendor’s Products”, cash consideration given to a customer or a reseller including payments for buydowns, slotting fees and cooperative advertising programs, is accounted for as a reduction of revenue unless Sony receives an identifiable benefit (goods or services) in exchange for the consideration, the fair value of the benefit is reasonably estimated and documentation from the reseller is received to support the amounts paid to the reseller. Payments meeting these criteria are recorded as selling, general and administrative expenses. For the fiscal years ended March 31, 2005, 2006 and 2007, consideration given to a reseller, primarily for free promotional shipping and cooperative advertising programs included in selling, general and administrative expense totaled 27,946 million yen, 29,489 million yen and 31,933 million yen, respectively. | EXCERPTS ON THIS PAGE:
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